Is Apple Going Into Healthcare? – A 2021 Update

This article is a supplement to the content of our e-book, Tech Giants in Healthcare. It’s also the second entry to our new series that provides a snapshot of what a given tech giant is working on its way to disrupt healthcare. We first looked at the recent healthcare developments around Amazon which indicate the company’s bet on remote care and an aim to overhaul the pharmaceutical industry.  For its part, Apple entered the healthcare market later than its competitors but is working on acquiring a significant share of the market. Are the recent developments indicative of Tim Cook’s statement? Let’s see the steps that the company is taking to reach that vision. The Apple Watch phenomenon According to Statista, Apple holds the largest share of the global smartwatch shipment market. In the first quarter of 2020, that accounted for a substantial 47.9% share of the market. The company has been heavily leveraging the popularity of its smartwatch for its healthcare plans. Source: https://www.apple.com/ It previously received FDA clearance for the ECG function of its smartwatch and has been working steadily on validating its efficacy in a number of studies. In February 2021, Mount Sinai researchers shared that their app and the Apple Watch’s heart rate variability (HRV) monitor could help spot new COVID-19 cases before a molecular diagnosis. The results of another study conducted by Stanford University researchers was published in March. They...
Source: The Medical Futurist - Category: Information Technology Authors: Tags: TMF Artificial Intelligence in Medicine Digital Health Research Future of Medicine Health Sensors & Trackers Telemedicine & Smartphones apple EMR fda iphone smartwatch applications covid19 Apple Watch apple health SpO2 Moun Source Type: blogs