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It Will Be a “Meh” Year for Consumers Buying Connected Health Devices, Based on CTA’s 2023 Forecast

Health Populi

On the upside, smartwatch market penetration held steady in 2023, as this favorite form of wearable technology is “providing consumers a personalized digital health and fitness dashboard at their fingertips.” The analysis quantifies the opportunity for moving hospital-to-home as valued at over $390 bn in 2030.

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A “Great Re-Set” for Telehealth and Remote Monitoring? Panda Health Says That’s a “Yes”

Health Populi

Based on this research, the team developed “The Churn Index,” a heat map/thermometer arraying which of 24 digital health solutions would be likely to be replaced in the coming months. Telehealth was one of the most-influenced digital health adoption category in the pandemic, noted by 97% of providers.

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Telehealth Use Among Older Americans: Growing Interest, Remaining Concerns

Health Populi

In the August 2020 National Poll on Heathy Aging , the University of Michigan research team found a 26% increase in telehealth visits from 2019 to 2020, March to June 2020 year-over-year. In May 2019, 14% of older patients’ health care providers offered telehealth visits, growing to 62% in June 2020 during the pandemic.

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Digital Health Funding Updates from FINN + Galen and Silicon Valley Bank – Context for JPM2023

Health Populi

Specifically, oncology was down 32%, cardiovascular declining by 27%, mental health falling 49%, neurology by 51%, and gastroenterology by 33%. We learned from a recent report via GSR Ventures that gathering supporting clinical evidence for digital health innovation will be key to funding in 2023 and future years.

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Health Privacy and Our Ambivalent Tech-Embrace – Lessons for Digital Health Innovators

Health Populi

At the same time, 2 in 3 people were also concerned aobut the privacy of their health information on apps. And there’s the ambivalence of “concerned embrace” of digital health. The most popular ways people currently track their health is for exercise, sleep, weight, diet and food, and blood pressure.

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COVID-19 Accelerated Digital Health Investments…But It Helps to Be Bigger, Mature and Scaling

Health Populi

“Compare digital health to airlines, cruise lines, and other industries” and the sector looks quite privileged, opined Matthew Holt in a discussion on a study diving deeply into the State of Digital Health , conducted by Catalyst @ Health 2.0 and sponsored by WIPFLI. million, with a median of $3.9

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In A Declining Consumer Tech Spending Forecast, Consumer Health Tech Will Grow in 2022: Reading the CTA Tea Leaves

Health Populi

Driving health tech growth in the forecast are connected health monitoring devices: think blood pressure and blood glucose meters which tie to mobile apps via smartphones. This category will see double-digit growth of 17% in 2022 (estimated) and 14% next year, CTA forecasts, with an average unit price of about $50.