Healthcare DIVE January 28, 2019
Doctors and consumers are looking for smart home tech to connect and manage chronic conditions, aging issues and more.
Enthusiasm for home health technologies continues to mount, fueled by the aging population, demands for personalized healthcare and convenience, population health efforts and the shift to value-based care.
The global smart home healthcare market is set to hit $30 billion by 2023, up from $4.5 billion in 2017, according to ResearchAndMarkets. Of that, fall prevention and detection accounts for the largest share with 39% in 2017. Other major categories include safety and security monitoring, health status monitoring, memory aids and nutrition and diet monitoring.
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Topics: Apps, Digital Health, Home, Investments, mHealth, Patient / Consumer, Physician, Provider, Technology, Telehealth, Trends, Voice Assistant, Wearables