Apple to expand in the medical field

Apple to expand in the medical field

The medical field welcomes its newest member - Apple

As more progress is made in finding a cure against Coronavirus, some companies are considering expanding their area of work. One of those companies is Apple, which wants to move into the healthcare field.

Over the last five years, the company created an internal team made of doctors, health coaches, and engineers, which focused on developing health-orientated software and hardware. Moreover, it has medical clinics for its employees. Among the things that are considered useful from a health point of view is the Apple Watch. The device provides activity tracking, heart rate monitoring, fall alerts, electrocardiogram made to detect irregularities of the heart's rhythm.

Also, Apple developed kits for third-parties to build health applications. The most popular is ResearchKit, which enables academics to recruit the people necessary for clinical trials through mobile devices.

At the company level, employees use a system called AC Wellness.

During the pandemic, Apple collaborated with Google and released a contact tracing technology designed for mobile phones. It was used the most in Europe and Asia.

The company announced a partnership with insurers such as Aetna and is considering Medicare private plans meant to subsidize the cost of devices for seniors. Specialists believe it would be a good move for Apple if it will introduce sensors for blood sugar or blood pressure monitors. Experts suggest areas like telemedicine, payment integrations, and food monitoring, validated clinical trials, that could see improvement if Apple decides to expand.

During today’s pre-market trading, Apple stock price increased by 0.75%.

Read all you need to know about the market on CAPEX.com!

Sources: cnbc.com, finance.yahoo.com


La información presentada aquí está preparada por CAPEX.com y no pretende constituir un asesoramiento de inversión. La información aquí se proporciona como una comunicación general de marketing con propósitos solo de información, y como tal, no se han preparado de acuerdo con los requisitos legales diseñados para promover la independencia de un estudio de inversión, y no está sujeto a ninguna prohibición para hacer frente con antelación a la diseminación de los análisis de inversión.

Los usuarios / lectores no deben confiar únicamente en la información presentada aquí y deben hacer su propia investigación / análisis leyendo también la investigación subyacente real. El contenido adjunto es genérico y no tiene en cuenta las circunstancias personales, la experiencia de inversión o la situación financiera actual.

Por lo tanto, Key Way Investments Ltd no aceptará ninguna responsabilidad por las pérdidas de los comerciantes debido al uso y el contenido de la información presentada en este documento. El rendimiento pasado no es un indicador confiable de resultados futuros.