Transitioning from Wearables to Medical Devices

The population is aging, and more people need health support, which is having a big impact on the overall spend in medical care. Due to this situation, authorities and health insurance companies are putting more emphasis on prevention, health awareness, and lifestyle. In general, it is not just about exercising more or better nutrition intake — there is more interest in monitoring certain vital body parameters. This is the reason why companies in the smart and health watch business have seen their revenues grow over the last few years.