www.insightscare.com
July 2018
SELF CARE
CATALYSTS
Transforming Healthcare through
Real World Evidence and Experience
1
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he
Most INNO
VAT IVE
DIGITAL HEALTHCARE
SOLUTION PROVIDERS 2018
Grace
Castillo-Soyao
Founder &CEO
Chrissa McFarlane
CEO & Founder
Patientory, Inc.
Helping allpeople
live healthy lives
w w w .b d .c o m
Healthcare
www.usa.philips.com
From the
Editor
igital healthcare is the buzz word these days. Technologies
like Artificial Intelligence, Machine Learning, BigData
DAnalytics, and more have the potential to revolutionize the
medical sector. These innovative digital technologies can play a
pivotal role in curbing long term healthcare costs, and enabling
better health outcomes. Digital healthcare can empower both the
patient and healthcare provider with real-time data and assist in far
better healthcare outcomes. Mobile phones, smartphone sensors,
wearable gadgets, cloud storage, and big data can assist healthcare
providers and patients in the early detection of various chronic
diseases. With the efficient and precise use of these technologies,
behavioral changes could be detected in early stages which prevent,
eliminate or reduce the overall healthcare cost.
Patients will also get empowered with the usage of these
technologies. Patients will be able to compare the service, quality
and affordability of different healthcare providers and thus assist in
making an informed decision based on value, which will ultimately
improve productivity. Telemedicine and remote monitoring are the
other facets of digital healthcare which can improve patient's
health without even directly coming to the hospital premises and
ensures the most efficient level of care through long distance.
These benefits are driving the digital healthcare innovations
towards the positive trajectory. In 2016, the global digital health
market was valued at $179.6 billion and is expected to touch
$536.6 billion by the end of 2025. The projected CAGR of 13.4%
from 2017 to 2025 itself indicate