In this Executive Insights, L.E.K. Consulting's Alex Evans offers a framework for understanding how the market for wearable wellness technology will mature – from a snapshot of current, passive activity trackers to a vision of FDA-approved tools to manage specific health conditions. For any business along the health and wellness continuum, L.E.K. offers a starting point for discussion: what key questions need to be answered now in order to benefit from the enhancements and survive the upheaval that this developing technology may introduce?
Editor's Note: Beyond Health Wristbands: A Vision Of Next-Generation Wellness Technology was revised in September 2014 to reflect current market conditions.