Can wearable smart devices break the ice for the pension industry?

The aging of the population and the "empty nest elderly" are highly valued by the state. Under the support of the policy in the next five years, the local pension industry will rise rapidly, and consumer products and service products that are compatible with the pension industry will usher in a new era. Development Opportunities.

Wearable devices, as the Internet and even the Internet of Things to access the information flow, through large data, cloud computing, Internet of Things and other technical applications, can collect a large number of user health data information and behavior habits in real time, is the preferred terminal for telemedicine and remote care, Wearable equipment has become an eye-catching focus of supporting consumer products in the aged industry. However, the current wearable smart device is still in its infancy, the collection index is single, the accuracy is not high, and the maturity of the mathematical model is limited. Therefore, whether wearable smart devices can break the ice for the old-age industry can become a key consumer care product for the aged industry.

1 Behind the rise of the wearable device market?

From smart glasses to smart watches and smart bracelets. The concept of "wearable devices" has been recognized by more and more consumers because of the involvement of IT giants, and has become the focus and market hotspot of manufacturers. According to the "White Paper on China's Wearable Device Industry Development (2014 Edition)", the scale of China's smart wearable device market in 2012 was 2.2 billion yuan. It is expected to show a spurt growth in 2015, with a scale of 13.56 billion.

Behind such violent growth, it not only reflects the increase in market awareness and market demand, but also shows that information technology is moving toward another peak. From the domestic wearable device market, there are many manufacturers participating in this market. Domestic manufacturers include Huawei, Xiaomi, Handan, Lenovo, and ZTE. Foreign manufacturers include Samsung, Apple, LG, and Sony. All major manufacturers have joined the field, and want to be determined in this field. Behind the fierce competition, the potential of the market is shown from the side, and it is also shown that major manufacturers want to seize market opportunities.

How do wearable devices break ice in the telemedicine industry?

2 Is it so worthwhile for such fierce competition from major manufacturers?

The market for wearable devices is so hot and the competition is becoming more and more fierce. The fundamental reason is that the aging of the social population is becoming more and more obvious, and the uneven distribution of medical resources has made the future market of the telemedicine industry unprecedentedly large. In the future, the telemedicine field will seize the opportunities.

According to statistics, by the end of 2014, China’s population over 60 years old accounted for more than 15% of the total population. This number is expected to rise further to 30% by 2050. The Chinese government began to implement the family planning policy in the 1970s. The population is now in an inverted triangle structure. For the only child, they are under great pressure to care for the elderly. Coupled with the uneven economic development in various regions, young people go out to work, and the phenomenon of empty nesters is very common. These all show that young people are not adequately cared for by the elderly.

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