The nascent market for connected wearable patches holds great promise, with the potential to improve the health of patients and contribute to lower healthcare costs. It is, however, still very much in the early stages of development and commercial availability.
Telemedicine, no doubt, is helping to save lives. In some instances, it’s being used to stem widespread illness in emerging countries. It also can save money for providers and payers, hence, also for consumers.
Belgium-based Cefaly Technologies already secured FDA approval for its headband-like device that stimulates the trigeminal nerve to reduce the frequency and intensity of migraines in March 2014.
Flexible wireless sensors, developed in collaboration with engineers from the University of Illinois, measure skin conditions and gather data that L’Oreal can put to good use.
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