A new research report into the outlook of digital health shows that the sector is beginning to become a disruptive force in healthcare.
The Digital Health 2018: Trends, Opportunities and Outlook report, from electronics company IDTechEx, shows that digital health encompasses not only the healthcare industry, but is also beginning to move into the consumer space, highlighted by its strong presence at CES 2018.
The report states that digital health’s prominence is co-aligned with the global trend of decentralisation in healthcare – taking health management outside of clinical settings, creating a new age of patient-centric healthcare.
It also references the steps that large technology companies such as Apple and Amazon are taking towards the digital health sector impacting the price of stocks in the healthcare market. It’s thought that digital health is a potential solution to combat escalating healthcare costs and ageing populations suffering from chronic conditions.
More so, digital health is beginning to disrupt the pharmaceutical sector through digital therapeutics or software-as-a-drug. The report mentions that big pharma is being disrupted by the digital health market through the changing landscape of healthcare, which is moving away from treating patients towards a model of preventative care.
Read the full report here.