The Economist - UK (2022-05-07)

(Antfer) #1

4 Technology QuarterlyThe quantified self TheEconomistMay7th 2022


In  America  smartwatches  are  catching
on as fast as did early mobile phones (see
chart  1).  In  2021  about  one  in  four  Ameri­
cans was estimated to own a smartwatch or
fitness tracker. The rate is similar in lead­
ing European adopters such as Britain and
Finland.  The  number  shipped  in  North
America  more  than  doubled  from  2015  to

2021. In western Europe and China it more
than  tripled  (see  chart  2).  In  2019,  Apple
sold  more  watches  than  the  entire  Swiss
watch industry. Some 400m devices a year
(of all brands) are expected to be sold glob­
ally by 2026, up from 200m in 2020.
There has long been a gap between the
parts  of  Western  societies  and  economies
that  look  after  people  when  they  are  sick
and the parts that help them stay healthy.
Wearable  devices—and  the  technologies
that they enable—are starting to bridge thatdivideintwoways.On
the one hand, they are making life more medicalised,withpeople,
for  the  first  time,  keeping  an  eye  on  thingsliketheirnocturnal
heart  rate.  On  the  other  hand,  they  are  usheringina shiftinthe
balance of responsibility between medicaltreatmentprovidedby
clinicians and what patients do to improvetheirhealth.
The covid­19 pandemic accelerated theprocess.Wearablesen­
tered the lives of more people and took onnewroles.Withgyms
closed,  exercise  shifted  outdoors  and  manypeopleboughtthem
for the first time, to keep track of how muchtheywalked,ranand
pedalled. A parallel trend was that lots of consumersbegantosee
these devices as tracking specific areas of theirhealth,notmerely
their  activity  level.  Before  covid,  wearableswereoften“whatwe
might call disposable”, says Ranjit Atwal fromGartner,a research
firm. People would buy them for no particularreason,wearthem
for a short time and put them into a drawer.Itwasunclearhow,or
indeed  whether,  the  market  for  such  deviceswouldmature.The
pandemic changed that because many peoplehadtobemonitored
at home for health reasons. Doctors in AmericaandEuropestarted
seeing  more  elderly  patients  with  smartwatchesthatrelatives
have bought for them in order to track theirhealthandsendalerts
of any problems. 
All this is assisted by the fact that peoplearemoreusedtohav­
ing technology help monitor and manage theirlives.ai­assistants
like Siri and Alexa are no longer a noveltyusedbya bravetechie
minority. Things that reflect how intimatelya deviceknowsyou,
like personalised playlists, are starting to feellesscreepy.
The benefits are noticeable. A round­upbyresearchersinDen­
mark of more than 120 studies of personal­activitytrackers,which
includedhealthy people and those with va­
rious  health  conditions,  concluded  that
wearing  the  devices  makes  people  move
more.  The  improvements  are  modest:
about  1,200  more  steps  (around  800  me­
tres, or half a mile) daily, 49 more minutes
of vigorous exercise per week and 10 min­
utes less sedentary time per day. But phys­
ical activity is so important that even small
changes can matter a lot. Studies that have
followed people for 4­10 years have found
that increasing steps by an extra 1,000 per
day reduces mortality by between 6% and
36%, with the biggest impact among those
who are most sedentary. 
Such  results  have  convinced  some
American health insurers to give away fit­
ness  trackers  and  smartwatches  to  their
customers.  UnitedHealthcare,  one  of  the


biggest,saysthat59%oftakerslogexercise
foratleastsixmonths.Forcomparison,
gym­membershipretentionratesdropoff
a cliffaftertwoorthreemonths.
Doctors in America and Europe are
startingtowarmuptotheideathatwear­
ablescan help themtake better careof
theirpatients.Profit­orientedhealth­care
systems,likeAmerica’s,smellgreatereffi­
ciency.Insteadofaskingpatientsifthey
aresleepingbetter,forexample,doctors
cansimplylookupa chartfroma wearable
device.SeveralhospitalgroupsinAmerica
thatcareformillionsofpatientsaresetting
upsystemsthatmakewearablesa seam­
lesspartofclinicalcare.Finland’scitizens
can link theirwearables and otherper­
sonalhealthdevices(suchassmartscales)
withtheirnationalhealthrecords.
Marketanalystsexpectthat,inthenextfiveyears,thewear­
ablesmarketwillsplitintotwocategories:medical­gradedevices
approvedbyregulatorsforpeoplewithchronicconditionswho
needtrackingwithgreatercareandaccuracy,anddeviceswithless
sophisticatedfeaturesforhealthypeoplewhowanttokeepaneye
ontheirmetricsandbeabletospotproblemsearly.Leadingmanu­
facturersareexpectedtoofferincreasinglyspecificdevicesfor
groupssuchaschildrenandtheelderly.

Qualitative,too
Thisreportwillexaminethetechnologiesthatarepavingtheway
forthistransformationofhealthcare.Thesensorsandalgorithms
thatunobtrusivelymeasurethingsaspeoplegoabouttheirdaily
livesarebecomingmoresophisticated,turningwearablesintodi­
agnosticdevices.ai­basedappsbuiltonthedatastreamingfrom
people’swristsaredispensingpersonalisedadviceonwhattoeat
forlunchorwhentogofora walk.Interactiveappsbackedupby
clinicalevidencearebeingprescribedastreatmentforallsortsof
ailments,justasmedicinesare.Someofthemworkbetterthan
conventionaltherapiesaimedatthesameproblem.
Wearablesarealsotransformingdiseasesurveillanceandclin­
icaltrialsfornewdrugs,byshowinghowpeopleexperiencea dis­
easeora treatmentintheirdailylives.Theymakeitpossible,for
thefirsttime,totakethetemperature,ormeasurethepulse,ofa
populationratherthananindividual.
Thereareplentyofproblemstoberesolved.Chiefamongthem
are concerns aboutprivacy anddiscrimination based onthe
healthdatafromwearables.Digital­healthproductsbuiltonthe
dataarestillvariableinquality,thoughitisgettingeasiertosort
thegoodfromthebad.Regulatorsaretry­
ingtostrikea balancebetweenprotecting
consumersandnotsuppressinginnova­
tion,whilealsolearninghowtoregulatea
digital­healthecosystem.
Butfewdoubtthatthebenefitsfrom
wearableswillbehuge,evenifthedigital
carethattheymakepossiblewillremain
supplementary to conventional medical
treatments.About80%oftheburden of
diseaseinAmericaiscausedbylifestyle
factors,andmanypoorercountriesarenot
farbehind.Drugsworkasintendedinonly
30­50%ofpeople.Formanydiseasesthere
arenotherapiesatall.Digitalhealthcare
candealwithmanyoftheseproblems.To
appreciatewhatitcan achieve, thebest
place to start is the technologybehind
wearablesensors.n

Trackingthetrackers
Shipmentsofsmartwatchesandfitness trackers
Per1,000people

2

Sources: CCS Insight; UN Population Division; World Bank

*Canada and US (excl. Mexico) †Developed markets ‡Forecast

16

12

8

4

0
201 14 15 16 17 1918 20 21 22‡

Asia-Pacific†
China

Eastern
Europe

Western
Europe

North
America*

Learning fast
United States, technology adoption
% of households

Sources:Asymco; D. Comin and B. Hobijn, 200; Deloitte

1

100

80

60

40

20

0
1903 20 40 60 22200080

Smartwatch

Automobile

Telephone
landline

Electric power

Computer

Internet

Mobile
phone
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