CATEGORY

Clinical Wearables

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Category Alerts


CATEGORY ALERTS

CONNEQT Pulse, the first dual blood pressure and arterial health monitor in the world, is introduced by CardieX.

July 04, 2022
alert level: Medium
CATEGORY ALERTS

Collaboration Agreement with Joslin Diabetes Center Announced by Kubota Vision

October 03, 2022
alert level: Low
CATEGORY ALERTS

Topline Results from the LIFT Home Study Supporting the Safety and Feasibility of ONWARD's ARC-EX Therapy for People with Spinal Cord Injury at Home

October 12, 2022
alert level: Low

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Clinical Wearables Market Monitoring Dashboard


Supply Demand

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Clinical Wearables Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Clinical Wearables category is 5.40%

Payment Terms

(in days)

The industry average payment terms in Clinical Wearables category for the current quarter is 73.4 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Clinical Wearables Suppliers


    897
    Total Suppliers
    35
    Diverse Suppliers
    73
    Normalized Supplier Rating
    Clinical Wearables Supplier

    Find the right-fit clinical wearables supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    IQVIA HOLDINGS INC.
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    4
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    36

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    41
    Social
    30
    Governance
    43
    6 Domains Performance (/100)
    Business behaviour
    48
    Human rights
    39
    Community Environment
    31
    Corporate governance
    40
    Human resources
    22
    Security Scorecard
    77

    Threat indicators
    C
    75
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    63
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    70
    Application Security
    Detecting common website application vulnerbilities
    C
    77
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    D
    60
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    iqvia.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    1
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    1
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    2
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    2
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    28
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Clinical Wearables market report transcript


    Clinical Wearables Global Market Outlook:

    Market Growth:

    Expected to grow at a CAGR of 20-21 percentfrom 2020 to 2025
    Market Value in 2020E: $18.4 Billion

    Market Drivers:

    • To address patient recruitment challenges
    • Remote monitoring of patients

    Industry Trends

    • Wireless BSN technology: A mobile physiological monitoring system, which is able to continuously monitor the patient’s heart beat, blood pressure, and other critical parameters in the hospital. The system is able to carry out a long-tem monitoring on patient’s condition

    • Data collected from wearables is used to understand buying habits, location of target audience, clinical trial-related data, thereby producing useful conclusions in the form of Real- world evidence Patient adherence Real-time data capture to amend clinical trial design, precision medicine

    Challenges in Using Wearables

    Accuracy, standardization and analysis of wearable-generated data:

    The data associated with wearables are voluminous. It has always been a challenge for the CROs and sponsors on how to handle wearable-generated data. It is important that the data received should be standardized and ready to be integrated in to the clinical trial platforms and data collected in an uncontrolled research environment should be converted into meaningful outcomes by laying structured guidance/procedures to be clinical trial-compliant.

    Data security/privacy concerns and misuse:

    Cisco predicts that there would be 600 million wearables data online, globally by 2020. This demands the regulators and device manufacturers to pack in data
    security protocols into the wearable devices to prevent the patients from encountering cybersecurity attacks. As these data are stored in clouds they could be retrieved without the knowledge of the user and sold to third party. User data like location, email, age or sex that is registered on the wearable’s app poses a huge threat to the users.
    E.g., insurance providers, who can either cancel the policy or quote high health insurance price.

    Reluctance in adoption of wearable devices:

    Though the use of mobile phones and apps might advance, there will be only less than ten percent of clinical trials that will use wearables by 2017, according
    to Gartner. Wider adoption of wearables could be a challenge and barriers to recommendation to the patients are:
    1) Unavailability of smart phones with all patients
    2) Device used inconsistently hence incomplete data

    3) Integration of the wearable data with the existing e-health management systems

    4) Reluctance showed by the physicians to adopt this technology as the data collected are large and data analysis is a challenge to them as they don’t have
    time or does not have the skill set
    5) During clinical trials asking the patient to charge the device or manage the uploads

    Lack of guidance from FDA to use wearable devices in CTs:

    With the upsurge in use of wearables for health monitoring and social media for patient recruitment in clinical trials Association of Clinical Research (ACRO) has asked the FDA to update the guidelines for the wearables and softwares, so that the sponsor and CRO can be encouraged to use it.
    • Issue a public statement for the use of new technologies in a clinical trial conduct
    • To analyze the barriers and benefits with the help of the industry (pharma, CRO, patients, and technology providers)

    • Provide clear guidance documents for use of tech-driven solutions in terms of data security and monitoring parameters/requirements
    • Proving the FDA that a clinical trial will measure RWD that corresponds to patient outcome without raw data is difficult