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Health IoT will drive digital health market to $537B by 2025

https://www.techrepublic.com/article/health-iot-will-drive-digital-health-market-to-537b-by-2025/
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Feb 4, 2019 11:32 AM 2+ mon ago

Health IoT will drive digital health market to $537B by 2025

The biggest challenges IoT brings to healthcare At the 2018 AT&T Business Summit, Andrew Dibello chatted with TechRepublic about the challenges of integrating IoT into healthcare.

The digital health market is expected to hit $537 billion in revenue by 2025, according to a Transparency Market Research (TMR) report released on Monday. North America leads digital health market growth, with the largest patient pool and most advanced digital products, the report found.

Cloud-based storage systems have completely changed healthcare IT, especially when paired with smartphones, laptops, and tablets, the report found. The merging of technologies helps healthcare providers track patient health and improve overall patient experience. Other evolving healthcare technologies include electronic medical records (EHR), remote monitoring, and wearables, the report added.

Healthcare providers aim to maintain a patient-centric approach to medicine, the report said, leading some providers to raise venture capital and ...

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