Measuring steps and heart rate is so “last year.” With the significant portion of projected wearable Health Tech revenues forecast to come from health and medical applications, new devices must collect much more information — and with clinical grade accuracy — in order to properly guide the diagnosis, monitoring, and treatment of diseases and chronic conditions ranging from high blood pressure to diabetes.
Another company is developing a product with such an expanded feature set. Rijuven has created a new sensor system called Rejiva, a wireless, wearable device. The product is worn on the subject’s chest, and reportedly is going to measure “Heart Rate, Heart Rate Variability (HRV), Respiratory Rate, Sleep Position, Restfulness, Breathing Index, and Energy Level,” according to the company website. The company also states that the Rejiva is an “FDA Registered device.” The company just launched an Indiegogo campaign, looking to raise $50,000 to help fund the start of commercial production of the product.
This is getting to be a crowded field, and I expect that it will be the infrastructure and supporting software that will likely determine the ultimate winners. The quality of data analysis, the level of data security, and the ability to interact with other systems ranging from exercise wrist bands to medical health insurance providers’ systems will likely prove to be more important than just the number and variety of sensors.