Why is that most companies are just focusing on Physical Health only?

  • Why is that most companies are just focusing on Physical Health only?

    Posted by Kumar on April 24, 2023 at 4:29 pm

    What is the reason for many companies trying to build solutions that focus on physical health and why are there less companies that focus on overall well-being?

    Satheesh replied 7 months, 1 week ago 4 Members · 3 Replies
  • 3 Replies
  • Krishna

    April 25, 2023 at 2:35 pm

    I think this boils down to the challenges in quantifying the activities in different aspects of life. It is relatively easy (of course through decades of research in sensors) to quantify physical activity through sensors. When it comes to other aspects like meeting with friends and family, spending time on hobbies and community service etc, it is hard to quantify activity. Covid track and trace programs attempted to track physically meeting and spending time with others through smartphones. This approach might be used in the future to quantify these activities. Exciting times ahead :-).

    • Satheesh

      April 28, 2023 at 12:43 pm

      To add, I think there is a tremendous amount of potential for businesses around physical health to provide solutions that can help users solve their problems and also make money for the business. Also, it is the fundamental thing everyone understands and can comprehend the changes immediately.

  • Ricky

    April 27, 2023 at 1:25 pm

    This could be survivorship bias also. Since Physical health industry is a trillion dollar industry, we could be hearing only these success stories.

    • This reply was modified 7 months, 1 week ago by  Ricky.