The Intersection of Wearables & Sensors in MedTech Discussion with J. Cris Salinas and João Bocas

João Bocas - The #Wearables Expert ™ Interviews J. Cris Salinas, MD - Global Head, MedTech Advisory & Innovation at Salesforce In this episode, we talked about The Intersection of Wearables & Sensors and Their Role in the #MedTech Industry

Here are the questions we've addressed:

01:15 How are Wearables & Sensors playing a bigger role in the next normal for the MedTech industry?

03:40 Have you seen partnerships created between the MedTech Industry and Payor / Insurance Companies?

06:45 What do you think will happen next in the MedTech Industry?

Connect with J. Cris Salinas

LinkedIn: https://www.linkedin.com/in/jcrissalinasmd/

Twitter: https://twitter.com/CSalinasMD

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https://youtu.be/57w-2lkoxjo

Feel free to 📣 CONNECT WITH ME 🟢:

LinkedIn: https://www.linkedin.com/in/joaobocas/

Twitter: https://twitter.com/WearablesExpert

Channel Partners:

Series Partner: FUJIFILM #Healthcare https://bit.ly/Fujifilm_HCE

Industry Partner: Isaac Care https://bit.ly/isaac-care

The wearable medical device market is expected to grow at a CAGR of 15.2% between 2017 and 2022, according to Grand View Research. This will result in the market for wearables reaching $36.9 billion by 2022, with the growth being driven by an increased adoption rate among consumers and healthcare professionals.

As this industry grows and becomes more popular, there's one thing that needs to happen: sensors must become more prevalent. That's what we're here to discuss today—the intersection of wearables & sensors in medtech! What are Sensors? Sensors are devices that measure physical properties or chemical changes within their surrounding environment, such as temperature or pressure.

They can also be used to detect electromagnetic radiation, such as light or sound waves. The most common types of sensors include accelerometers (which measure acceleration), pressure gauges (which measure force), flow meters (which measure fluid flow), and gyroscopes (which measure angular velocity). Wearables and sensors are a natural fit for the medical technology industry, as they can be used to track the health of patients and even predict medical issues before they occur.

The most common wearable device used in medicine is a fitness tracker, which helps doctors and nurses keep track of their patients' movement, heart rate, blood pressure, and more.

The data gathered from these devices can help doctors better understand their patients' health and how they respond to treatment. Another popular wearable device is the smartwatch, which allows people to track their activity levels and heart rate without having to wear an uncomfortable chest strap. This type of technology has been shown to improve patient compliance with doctor's orders and increase overall health outcomes by helping people make changes that are best suited for them.

Sensors are also used in many areas of medicine today—from monitoring patients' vital signs during surgery or delivering drugs via inhalation therapies, through remote monitoring devices like those used in home healthcare settings or hospital rooms where there's no physician present 24 hours a day/7 days per week (or around-the-clock). Wearables and sensors are a hot topic in the medical device industry. The idea is that wearables can help people monitor their health, improve their quality of life, and reduce healthcare costs.