It is safe to say that technology has provided us with an easier and more convenient way of life. As of late it has also been benefiting the Health Industry. Many medical establishments rely heavily on data to analyze and decide what the best treatment for an ailment in an efficient and streamline way. With technology being accessible to a majority of the population in the nation, data is able to be collected for analysis a lot easier than previously. The gadgets we are talking about today are not mammograms, CT scans, MRI, or even echocardiogram machines (EKG). Although these technologies are effective, it cost our nation 17.6% of its GDP. We are referring to modern mobile health applications, and wearable technologies. Which is going to be the guide to aid our nation to change our healthcare today.
With the ongoing popularity of smartphones, the mobile health application market is constantly growing. Many of these mobile medical applications can assist us in our daily lives. The applications are capable of performing simple medical tasks such as counting your calories and measuring your blood pressure as well as performing serious medical tests, such as conducting an EKG, which measures ones heart functioning. A mobile health application that helps perform a standard EKG for patients can save the patient an estimated amount of $800 per test. With the millions of EKG’s performed each year, the mobile health applications can save the industry millions on research and tests. The data collected from these tests can be accessed frequently and could be relayed back to medical facilities for conducting more research. Currently, there are more than 97,000 M-health applications in the mobile market today and the market is predicted to reach and estimated $26 billion by 2017.
With the heavily anticipated release of Google Glass, the hype is setting a trend for wearable technology. Palomar Health and Qualcomm Life were the first companies to dive into this trend and begin developing the medical incubator known as Glassomics. Glassomics will explore the application of wearable technology within he medical field. Current Glassomics concepts include reading of real-time vital signs and relaying clinical data results between the patient and the medical facilities. Other concepts are still being explored, which will skyrocket the mobile health market. This technology can possibly make surgeries, medical data collection, and other medical uses more efficient and effective.