Research

New products from Fitbit, Garmin and Huawei helped propel the basic wearables category, and so did the growing demand in markets across Asia/Pacific.

The number comes from a massive RAND Corporation study which included 400,000 participants across the US, Europe and South Africa.

Put into dollars, that's $8B raised in 556 deals during the first 9 months of 2018, compared to $5.5B in 586 deals during the same period last year.

Asia/Pacific (excluding Japan), Central & Eastern Europe, Middle East & Africa and Latin America grew 14% YoY as basic wristbands are still in high demand.

The majority of surveyed patients (77 percent) expressed positivity about clinician usage of mobile technologies to improve the quality of their care.

Digital health companies in the United States raised $4.9 billion in 2017 with the remaining $2.3 billion coming from other countries.

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.