India's Healthcare Wearables Market: Mapping Growth, Applications & Key Players
Think of an individual who spends his/her regular day without knowing that his/her smartwatch has just detected an abnormality in his/her heart rate, even before he/she realises the problem himself/herself. Such real-time continuous monitoring of health, which was not possible outside of hospitals just a decade back, is precisely the reason for the explosion of wearable health gadgets in the Indian market. This article aims to explore the size of the market for healthcare wearables in India, the firms/products influencing the sector, and the challenges preventing wearable technology from achieving its true potential in the Indian healthcare sector.
What Counts as a Healthcare Wearable?
A healthcare wearable is a body sensor that can either continuously or at intervals gather data related to a person's health, such as the heartbeat, blood oxygen content, sleeping habits, or blood sugar content. Healthcare wearables range from consumer wellness devices like the smartwatch that track well-being to clinical devices like the continuous glucose monitor.
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