Research

The overall wearables market is expected to grow from 113.2 million shipments in 2017 to 222.3 million in 2021 with a CAGR of 18.4 percent.

Most patients, about eight out of 10 consumers, are still largely unaware of how to access telehealth or whether their insurer will cover it.

The findings come from an online survey conducted between July and August 2017, that was further supported with in-depth research and phone interviews.

The number of mHealth apps have nearly doubled since 2015; 318,500 now available with roughly 200 new apps added daily to top app stores.

Over 2,400 mHealth app developers and healthcare professionals shared market and business insights, and contributed to Research2Guidance's annual report.

With year-to-date funding surpassing $9.0B, all data points to 2017 ending at close to $10B, another record-breaking annual number.

And 16% of the 74 companies funded in the quarter are led by women CEOs, up from 11% at the half-year mark.

And another 31% say it is not offered, according to the recent HealthMine Survey results.

Device shipments grew 10.3% year over year to hit 26.3 million units during the second quarter of 2017; smartwatches grew 60.9%.

They plan to focus more on how healthcare is delivered and paid for while still pursuing traditional methods of controlling costs...