Smart home devices and wearables are revolutionizing our world in many ways and will continue to do so – in fact the U.S. market for wearables is expected to grow to 51 billion by 2022. Wearables have gone beyond simple personal fitness devices for monitoring heart rates to those that can now monitor blood glucose levels or even help protect against skin cancer. Sophisticated AR/VR devices, such as Google Glasses, are allowing surgeons to float medical images in their field of view during operations.
Wearables are also transforming elderly care, which will be critical in the years to come. By 2030, older adults are projected to outnumber children for the first time in U.S. history, with nearly 1 in every 5 U.S. residents of retirement age. This increase in the aging population combined with the rise in chronic illness will have tremendous impact on the U.S. healthcare system. Cardiovascular problems, along with diabetes and obesity are problematic for older populations. These diseases may be attributed to lack of physical movement, unhealthy lifestyle, or even bad posture – which wearable devices can help.