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Wearables and the type of health data they collect

In this article I would like to draw a parallel between automobiles and human beings to make a point I seem to have understood well. This comparison may sound a little insensitive to some. While humans are way too superior biological machines compared to automobiles, we will agree that even automobiles have a notion of health.

A differentiated wearable strategy

Collage by New York Times

In CES 2014, people found wearables to be a new hot trend. Many companies including biggies like Apple, Google and several other startups want to fit sensors on various parts of the human body and collect data. I have recently read about the t-shirt that can tell an athelete about her willpower or the bra (seemingly in development by Microsoft) that senses emotional triggers for overeating.

Wearables and Mobile Health market is exploding

In sharp contract to the PC market that is declining at the rate of 6% year on year, the wearables market, albeit small, is growing robustly.

According to Business Insider, the value of the wearables market is expected to grow from $5.2 billion this year to $12.6 billion by 2018. The mobile health market, which includes fitness apps and wearables, is expected to be worth $21.5 billion by 2018, according to BCC Research.

All the biggies like Intel, Google, Apple are investing heavily to take strategic positions in these growing markets.

Diabetic? Wear a contact lens !

Many of us have heard of the Google Glass. Have you heard of Google Contact Lens? Yes! One is in the making in a secret lab at MountainView California. Google and Novartis are said to be jointly working on this project.

This new gadget is like any other contact lens that you wear over your eyeballs. Additionally it has miniature electronics and a blood glucose level sensor. You wouldn’t mind a wireless radio thrown in as well, would you?