GlobalData: $54B wearable tech industry offers immense opportunity for healthcare by 2023
Wearables have the greatest potential in healthcare to address spiraling healthcare costs, aging populations, and the burden of chronic disease.
Research: $54bn wearable tech industry offers immense opportunity for healthcare by 2023
However, there are many barriers that must be overcome before widespread adoption including cost, reimbursement, data quality and lack of clinical evidence.
Research: Half of hospital decision-makers plan to invest in AI by 2021
The study, conducted by Olive AI, explored how hospital leaders aim to drive efficiency and reduce costs through investments in non-clinical technologies.
Mercom: Global VC funding in digital health hits $5.1B in 1H 2019
The top VC deals included Tencent Trusted Doctors ($250M), Collective Health ($205M), Tempus ($200M), Doctolib ($170M), and Health Catalyst ($100M).
StartUp Health: Digital health funding keeps pace with last year’s record
A deal slump that started in Q3 of last year, has now increased for the second quarter in a row.
Morgan Stanley: Apple’s healthcare business could bring up to $313B by 2027
The Cupertino-based company has a few key advantages over its technology rivals, including privacy and the huge base of iPhone and Apple Watch users.
Forecast: Global telemedicine market size to exceed $130.5B by 2025
Factors driving this growth include growing telecommunications networks, increase in the number of smartphone users, and integration of healthcare and IT.
IDC: Global wearables market to hit 198.5M units by the end of 2019
The market is expected to reach 279 million units by the end of 2023 with a compound annual growth rate (CAGR) of 8.9%.
IDC: Global wearables shipments hit 172.2M units
Much of the growth was attributed to the growing number of ear-worn devices as they captured almost a quarter of the market during the year.
IDC: Global shipments of wearables to reach 125.3M units in 2018
Two key factors are contributing to this growth, including the growing popularity of smartwatches and greater wearables adoption in emerging markets.