IoT Adoption Tracks with Increased Spending on Population Health
Health IT Analytics January 2, 2019
Healthcare organizations investing in population health management are also exploring the role of the Internet of Things for reducing the burdens of chronic disease.
The Internet of Things (IoT) is getting bigger every day as consumers and providers continue to adopt smart technologies and devices at a rapid clip.
From wearable fitness trackers to ingestible sensors tucked into tiny pills, the IoT is creating unprecedented opportunities for providers to help individuals maintain wellness or monitor chronic diseases in innovative, unobtrusive ways.
According to a new market report from Zion Market Research, the global market for smart medical products, such as smart pills and RFID-based technologies, will be pushing $67 billion by 2024 as healthcare providers and vendors search for new...