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In the Age of COVID, over 90,000 new health apps were released, as the supply of digital therapeutics and wearables grew in 2020. IQVIA has been closely following the growth, investment in, and clinical evidence for digital health since 2013, when I reviewed their first paper on “mHealth” here in Health Populi. .
Investments in the digital health sector have fast-grown in the past decade, reaching $14bn in 2020 based on Rock Health’s latest read on the market. The pandemic has accelerated the use of digital health across its many segments: telehealth, mHealth, software platforms, behavioral health, digital therapeutics, among them.
Physicians are evolving as digital doctors, embracing the growing role of data generated in electronic health records as well as through their patients using wearable technologies and mobile health apps downloaded in ubiquitous smartphones, described in The Rise of the Data-Driven Physician , a 2020 Health Trends Report from Stanford Medicine.
Digital health as a category has been a growing feature at CES for over a decade, starting with the early wearable tech era of Fitbit, Nike, Omron and UnderArmour, early exhibitors at CES representing the category.
Figure 7 from the report illustrates the various health-flows people adopted in 2020-21, among people who own smartphones in their households: 24% used a video appointment with a health care professional for the first time during the pandemic, with another 14% continuing to do so. Deloitte found that U.S.
Additionally, health data being the ‘holy grail,’ the analytics solutions are considered the first foundational step to catalyze complementing technology promises leveraging healthcare data (e.g., billion in the United States by the end of 2020. “The artificial intelligence, cloud computing, and blockchain).”.
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