March 4, 2019
The fourth quarter of 2018 was a good one for Fitbit, with CEO James Park sharing news last week of the the device maker’s first year-over-year increase in sold devices since 2016. The company’s latest investor call touched upon many familiar themes, such as the shift from fitness trackers to smartwatches, but also suggests that Fitbit is viewing its health-focused services as an increasingly...
December 20, 2018
This morning, Omron Healthcare announced that the HeartGuide wristwatch — a wearable oscillometric wrist blood pressure monitor unveiled earlier this year at CES 2018 — has received FDA clearance and will be available at retail on January 9, 2019. The device is currently available for preorder for $499.
The key feature of the product is a flexible synthetic band that is designed to inflate and...
November 14, 2018
Starting this month, UnitedHealthcare members enrolled in the insurer’s incentive-based “Motion” program are able track their daily activity using their personal Apple Watch, or one purchased and earned through the program. This comes roughly half a year after UnitedHealthcare first announced the availability back in March, and a few months after the July rollout planned at the time.
November 5, 2018
Fitbit’s push into the smartwatch and health space appears to have been a wise one, as the company announced during its earnings call that revenue has matched and in some cases surpassed expectations in the third quarter of 2018.
The wearable maker reported 3.5 million devices sold and $394 million in revenue during the quarter, sales that the company noted came not only from fitness trackers but...
March 27, 2018
As wearables shipments hit 350 million in 2020 (up from 224 million in 2018), healthcare wearables are poised to bring in more revenue via subscription services than wearables in any other industry, according to a new report from Juniper Research.
The report uses AliveCor and Quell as examples of health wearables with a subscription business model, predicting that such companies will pull in $2....
March 15, 2018
Apple has risen to the top of the competitive global wearables market, according to an IDC report that came out at the beginning of this month. Meanwhile the overall growth of the space has slowed as control of the market consolidates among big players.
"Interest in smartwatches continues to grow and Apple is well-positioned to capture demand," Ramone T. Llamas, research director of IDC's...
January 11, 2018
At CES 2018 this week, Samsung Electronics America and MobileHelp, a maker of home and wearable medical alert devices, announced a collaboration that would bring mobile personal emergency response capabilities to Samsung Gear S3 smartwatches.
Called MobileHelp Smart, the devices integrate MobileHelp’s platform into a modified version of Samsung’s watch, taking advantage of its fitness-monitoring...
August 3, 2017
Fitbit plans on making waves this holiday season. That’s when the company's long-awaited smartwatch, which has faced production issues and delays, will finally be released, CEO James Park said in a second-quarter earnings call.
The smartwatch will offer features such as health and fitness tracking, GPS capability, water resistance up to 50 meters and compatibility across platforms, as well as a...
June 22, 2017
For all the debate over the staying power of wearables – with some writing them off as a fad inevitably headed towards obsolescence like countless other types of consumer technology – the market doesn’t seem to line up with those concerns. According to the International Data Corporation’s last check, the demand for wearables is actually expected to grow.
In 2017, the IDC estimates vendors will...
December 2, 2015
According to a new report from Parks Associates, ownership of digital health and wellness devices in the United States -- especially fitness trackers -- is steadily climbing. And, the report contends, reports of widespread abandonment of fitness trackers are greatly exaggerated.
Parks spoke with 5,000 US broadband households and found that 33 percent have adopted a digital health technology, up...