Strategic Focus: Aligning Vital Sign Monitoring Wearables With Corporate EHS Use Cases
Diana Olaleye
Molly Blackwell
Steve Bolton
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Executive Summary
This report helps corporate decision-makers and technology vendors understand the expanding capabilities of vital sign monitoring wearables (VSMWs) and consider how these devices can be applied to address EHS challenges. Although still in its infancy, Verdantix expects the market for VSMWs to generate $696 million in revenue by 2039. At present, these devices are rarely utilized beyond medical and pharmaceutical industries. However, with a growing understanding of their potential value proposition, EHS executives are evaluating the solutions’ ROI and cost-benefit implications. This report examines the current marketplace for VSMWs, before forecasting their future growth. This research also characterizes the benefits that these technologies can generate, along with common challenges facing their adoption in corporate workplaces. The ultimate purpose of this report is to assist EHS professionals, whatever their firm’s level of EHS risk, make the most appropriate choices for their individual operations and situations.Growing Popularity Of Vital Sign Monitoring Wearables
Prospects For The VSMWs Market
Key Benefits Of VSMW Adoption Will Outweigh Its Challenges
Challenges Of Integrating VSMWs Into EHS Programmes
Identifying And Leveraging The Benefits Of VSMWs
Risk-Dependent Perceptions Of Vital Sign Monitoring Wearables
Three Levels Of Risk Create Three Scenarios For Adoption
Figure 2. Barriers To The Implementation Of Wearable Devices
Figure 3. Industries Categorized By EHS Risk Level
Figure 4. Three Risk-Dependent Scenarios Of VSMW Adoption Defined By (A) People, (B) Processes And (C) Technology
About the Authors
Diana Olaleye
Analyst
Diana is an Analyst in the Verdantix EHS practice covering research on industrial wearables and environmental sustainability. Her recent research focussed on benchmarking the ...
Molly Blackwell
Analyst
Molly is an analyst in the Verdantix EHS practice. Her current research agenda focuses on the priorities and trends within the EHS software market, industrial wearables and op...
Steve Bolton
Research Director
Steve leads the Verdantix EHS research practice, based out of our New York office. He has 25 years of experience advising on sustainability, EHS, circular economy, corporate s...
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