Categories: News

Global Market Report From IDTechEx Research on Digital Health 2019: Trends, Opportunities and Outlook

FacebookFacebookTwitterTwitterEmailEmailLinkedInLinkedInWhatsAppWhatsAppMessengerMessengerFlipboardFlipboardGmailGmailTelegramTelegramShareShare

BOSTON, April 17, 2019 /PRNewswire/ — With investment in digital health reaching $8.1 billion in 2018, understanding how this complex field will impact the healthcare industry is paramount. The recently updated report from IDTechEx Research, ‘Digital Health 2019: Trends, Opportunities and Outlook‘, acts as a primer to the digital health space.

Digital health promises to change the face of healthcare. Reflecting this is growing interest in the digital health space, as evidenced by a substantial growth in investment over the 5 years. Digital health continues to take prominence at healthcare conferences such as the JP Morgan Healthcare Conference in January 2019, illustrating its growing importance – but it is not limited to strictly the healthcare space.

Digital health is a convoluted and complex field, much of which is made up of technologies and services that enable healthcare outside of traditional clinical settings. It follows a global trend in the healthcare industry of decentralization to alleviate overburdened hospitals and clinics. Coupled with escalating healthcare costs, shrinking profit margins and ageing populations suffering with chronic conditions, digital health offers a solution to these problems for all players in the space including patients, providers and payers. In fact, it presents such an alluring and lucrative opportunity that companies not previously in the healthcare space are making significant investments and moves to do so. Big tech companies such as Amazon, Apple and Alphabet have made significant strides into the healthcare space since their announcements in January 2018.

The time is ripe for digital health due to the combination of a number of factors. These include changing population demographics, such as ageing populations with increasing prevalence of chronic diseases, as well as current and upcoming changes to regulations and reimbursements which mean that the route to market and take-up of digital health services and technologies is more likely in 2019 and beyond.

By whichever name it comes under, whether that’s digiceuticals, digital therapeutics or software-as-a-drug, this idea of software replacing drugs is a worry for large, established pharmaceutical companies. Coupled with the changing landscape of healthcare which is moving away from treating patients and towards a model of preventative care and a move from fee-based to value-based services, big pharma is being disrupted and digital health threatens to cause even more turbulence.

Digital Health 2019: Trends, Opportunities and Outlook acts as a primer to the digital health space, providing a detailed overview of the ecosystem and offering insights into the key trends, opportunities and outlooks for all aspects of digital health, including:

  • Telehealth and telemedicine
  • Remote patient monitoring
  • Digital therapeutics / digiceuticals / software-as-a-drug
  • Consumer genetic testing
  • Diabetes management
  • Smart home as a carer

To find out more about this report contact research@IDTechEx.com or visit www.IDTechEx.com/digitalhealth.

IDTechEx guides your strategic business decisions through its Research, Consultancy and Events services, helping you profit from emerging technologies. Find out more at www.IDTechEx.com.

Media Contact:

Charlotte Martin

Marketing & Research Co-ordinator

c.martin@IDTechEx.com

+44(0)1223 812300

Related Links

Further IDTechEx Research

Healthcare Sensor Innovations 2019

View original content:http://www.prnewswire.com/news-releases/global-market-report-from-idtechex-research-on-digital-health-2019-trends-opportunities-and-outlook-300833671.html

SOURCE IDTechEx

Staff

Recent Posts

Smartee Unveils ‘Live Update’ to Slash Treatment Planning Time from Days to Seconds

SHANGHAI, June 30, 2025 /PRNewswire/ -- In an era where real-time treatment agility defines competitive…

2 hours ago

Enhancing Mobility and Independence: VARON Oxygen Concentrators Deliver a New Standard of Freedom and Care

NEW YORK, June 30, 2025 /PRNewswire/ -- For individuals managing respiratory conditions, every breath matters—and…

2 hours ago

XtalPi and Pfizer Expand Strategic Collaboration to Advance AI-Driven Drug Discovery and Materials Science Simulations

CAMBRIDGE, Mass., June 29, 2025 /PRNewswire/ -- XtalPi (2228.HK), a leading global technology company in…

8 hours ago

Medical Device Contract Manufacturing Market to Reach $171.19 Billion by 2032, Growing at a CAGR of 9.9% from 2025, Says Meticulous Research®

Market Growth Driven by Outsourcing Preferences, Advanced Manufacturing Technologies, Regulatory Compliance Expertise, and Industry 4.0…

14 hours ago

Global Sports Medicine leader Smith+Nephew to sponsor select players competing at Wimbledon, highlighting advanced solutions for joint repair

Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology company, announces it will once again support select…

23 hours ago