Home monitoring device and system providers target a wide age demographic, from babies and children to the elderly. The Owlet Smart Sock, for instance, features pulse oximetry technology and monitors the heart rate and oxygen levels of an infant to reduce the chances of a fatality. Other devices, such as GTX Corp's GPS SmartSole, consist of insoles that use GPS and cellular connectivity, ideal for tracking an elderly person's location and capable of sending alerts to caregivers if the patient wanders off.
For remote patient monitoring, companies are already turning to smart footwear as a form factor to support diagnostic medical data collection. This includes companies like Plantiga, FeetMe, and Orpyx. For instance, diabetic patients are at risk for peripheral neuropathy, or sensory loss, and often cannot detect dangerous pressure levels in their bodies. Orpyx's SurroSense RX has insoles that use sensors to detect the amount of pressure that a person places on each part of the foot. The device can then alert the user and his/her doctor to any issues.
"In order to gain adequate market share, rising vendors in the smart footwear market need to develop devices that can detect exactly how a person is walking, and provide accurate feedback concerning any issues," concludes Lawrence. "This will ensure that healthcare workers receive detailed health information about their patients, and will allow the smart footwear market to continue to advance and grow significantly."
The findings are from ABI Research's Smart Footwear Technologies and Applications (https://www.abiresearch.com/market-research/product/1022970-smart-footwear-technologies-and-applicatio/).
About ABI Research
ABI Research stands at the forefront of technology market research, providing business leaders with comprehensive research and consulting services to help them implement informed, transformative technology decisions. Founded more than 25 years ago, the company's global team of senior and long-tenured analysts delivers deep market data forecasts, analyses, and teardown services. ABI Research is an industry pioneer, proactively uncovering ground-breaking business cycles and publishing research 18 to 36 months in advance of other organizations. For more information, visit www.abiresearch.com.
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SOURCE ABI Research