mHealth Intelligence July 5, 2017
The total valuation of the wearable device, mHealth, and telehealth markets is expected to grow due to accelerated adoption of these tools by providers, hospitals, and patients, according to several market reports.
mHealth solutions that improve the delivery care also help with the associated costs of healthcare by saving millions of dollars for healthcare organizations. Using wearable devices to monitor patients without the need for a hospital bed can help save costs on admissions, while mHealth apps are useful in preventing health risk for patients to lead to costly care and telehealth can help providers determine if more expensive treatments and services are needed before an in-person visit.
Markets for these technologies and services are expected to hit the billions....