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
fitness 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 first 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 first time, to keep track of how muchtheywalked,ranand
pedalled. A parallel trend was that lots of consumersbegantosee
these devices as tracking specific areas of theirhealth,notmerely
their activity level. Before covid, wearableswereoften“whatwe
might call disposable”, says Ranjit Atwal fromGartner,a research
firm. 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 reflect how intimatelya deviceknowsyou,
like personalised playlists, are starting to feellesscreepy.
The benefits 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 fit
ness trackers and smartwatches to their
customers. UnitedHealthcare, one of the
biggest,saysthat59%oftakerslogexercise
foratleastsixmonths.Forcomparison,
gymmembershipretentionratesdropoff
a cliffaftertwoorthreemonths.
Doctors in America and Europe are
startingtowarmuptotheideathatwear
ablescan help themtake better careof
theirpatients.Profitorientedhealthcare
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,inthenextfiveyears,thewear
ablesmarketwillsplitintotwocategories:medicalgradedevices
approvedbyregulatorsforpeoplewithchronicconditionswho
needtrackingwithgreatercareandaccuracy,anddeviceswithless
sophisticatedfeaturesforhealthypeoplewhowanttokeepaneye
ontheirmetricsandbeabletospotproblemsearly.Leadingmanu
facturersareexpectedtoofferincreasinglyspecificdevicesfor
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
thefirsttime,totakethetemperature,ormeasurethepulse,ofa
populationratherthananindividual.
Thereareplentyofproblemstoberesolved.Chiefamongthem
are concerns aboutprivacy anddiscrimination based onthe
healthdatafromwearables.Digitalhealthproductsbuiltonthe
dataarestillvariableinquality,thoughitisgettingeasiertosort
thegoodfromthebad.Regulatorsaretry
ingtostrikea balancebetweenprotecting
consumersandnotsuppressinginnova
tion,whilealsolearninghowtoregulatea
digitalhealthecosystem.
Butfewdoubtthatthebenefitsfrom
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
20114 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