Prediction 2: Consumers will continue to plug themselves (and their personal health data) into smart wearables and RPM devices.
- The pandemic accelerated the shift to at-home workouts and digital fitness—and that trend has stuck. Just 7% of US consumers who exercise said the gym was the only place for them, compared with 43% who planned to exercise only at home, per a Toluna survey.
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70% of wearables users said smartwatches and fitness trackers improved their fitness and health—30% said these devices did so “significantly,” per Deloitte’s Connectivity and Mobile Trends report taken in Q1 2022.
- We predict the number of smart wearables users will reach 100.2 million US adults in 2026 (28.9% of the population).
Prediction 3: More digital health companies will expand their platforms to meet the needs of underserved consumers.
Health systems and insurers ramped up their investments in social determinants of health (SDOH) this year, matching the industry’s gradual shift to value-based care. Tackling consumers’ nonmedical needs such as food and/or housing insecurity, lack of transportation, and language barriers aligns with a business model that incentivizes higher quality care and reduced spending.
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Google announced several projects aimed at addressing health equity in September as part of its Health Equity Summit.
- Those included: a YouTube Health video series called THE-IQ with the Kaiser Family Foundation; updated search functionality to let users filter results for providers that accept Medicaid; and expanding the Fitbit Health Equity Research Initiative.