ABSTRACT. I draw on a substantial body of theoretical and empirical research on the Internet of Things-based healthcare system, and using and replicating data from Deloitte, HIS, McKinsey&Co., The NPD Group, PAC, and Statista, I performed analyses and made estimates regarding the total available market for Internet of Things technology by 2025, worldwide revenue forecast of the home healthcare device and service market, usage penetration of medical, health, and fitness-related apps in the U.S., estimated R&D budget allocation towards the development of connected medical technologies today and in five years’ time, U.S. wearable ownership by demographics, the extent to which medtech organizations are collaborating with patients and health care providers in response to connected medical devices, and the preparedness of connected medical device manufacturers towards the implementation of industry specific and wider regulatory changes.

Keywords: smart healthcare system; wearable sensor device; patient data security

How to cite: Lachman, Katherine (2019). “Smart Healthcare Systems, Wearable Sensor Devices, and Patient Data Security,” American Journal of Medical Research 6(1): 42–47. doi:10.22381/AJMR 6120197

Received 16 December 2018 • Received in revised form 14 March 2019
Accepted 18 March 2019 • Available online 5 April 2019

Katherine Lachman
This email address is being protected from spambots. You need JavaScript enabled to view it.
The Health Economics Research Unit
at IISHSS, Glasgow, Scotland

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