Wearable health technology has undergone rapid development, evolving from simple fitness trackers to sophisticated medical devices that provide real-time monitoring and data collection. As these technologies become increasingly integrated into healthcare systems, their potential to shift from reactive treatment to proactive preventive care is gaining attention. This review paper explores the current state of wearable health devices, including the key technologies that enable monitoring and data analysis, and discusses the latest advancements such as AI integration, smart fabrics, and implantable wearables. The paper also delves into the significant role these technologies play in preventive healthcare by enabling continuous monitoring, early disease detection, and personalized health interventions. Furthermore, it addresses the challenges facing wearables, including issues of data accuracy, privacy, and user compliance. Finally, the paper explores future directions and ethical considerations, emphasizing the potential for wearables to reshape healthcare by promoting more accessible, equitable, and preventive healthcare solutions.