According to a report by Aging in Place Technology, the aging population market is expected to grow sharply from $2 billion in 2016 to more than $30 billion in the next few years. Amazon demonstrated interest in health technologies geared towards the aging population, especially when company officials met with AARP several years ago, a lobbying group that supports older Americans, to discuss various collaborations and share research. How can retailers such as Amazon, Walmart...
Each day we automatically gather numerous digital health funding events happening around the world using our digital market analysis and insights platform, DigiHealth Informer. This data helps to inform our analysis of company-related innovation activity, including therapeutic category areas of focus, innovation trends and more. Below are a few digital health funding events we recently detected related to online prescribing and other topics. Organization Name: Nurx Investment Amount in Millions (USD): $52 Investment News Headline: Telemedicine startup Nurx...
If you are running a digital health start-up, ensuring the health of your company’s brand should be a top priority. Ensuring the names, logos and slogans for your company and products are protected will be critical to the long-term health of your organization. Here are five critical steps that I recommend you consider when selecting and protecting your trademarks. Step 1: Choose a Strong Mark from the Start A company’s trademark is often the first...
A Change Is Needed In May 2018, the New England Journal of Medicine (NEJM) published an editorial calling for a paradigm shift in the deployment of preventive interventions. The key points are: Clinical studies have proven behavioural interventions, such as the Diabetes Prevention Program (DPP), to be highly effective. These interventions are being adopted very slowly owing to old financing models by payors and scalability challenges for providers. Digital interventions can overcome these barriers and...
There’s no escaping it: the digital age is in full swing. Everyone, regardless of age, owns or has access to a smartphone, tablet, computer, laptop, digital TV, and other pieces of technology designed to inform, entertain, and make life a bit easier and comfier. The majority of children today are exposed to technology not only in their homes but in their schools as well. Because of this, a registered clinical psychologist from Sydney points out...
The importance of digitization has been pretty well understood for quite a while now, but some businesses and industries are still hesitant to go through it. The healthcare industry is one such example, but given the security threats technology poses, it’s quite understandable. With advancements in software and server security, healthcare can now fully take advantage of digitization. It should be realized that healthcare is a trillion dollar industry spread over hospital care, clinical services,...
“As a doctor, it is my duty to evaluate the situation with as much data as I can gather and as much expertise as I have and as much experience as I have to determine whether or not the wish of the patient is medically justified” This quote would be so great and remarquable today in the time of big data and digital health revolution if it would not have be written by Dr Jack...
In recent times, digital health innovation has become a priority for the NHS and health institutions worldwide. According to mHealth, the global digital health industry is predicted to be worth $58.8 billion by 2020 with the likes of VR, AI and the Internet of Medical Things (IoMT) expected to be commonplace in the future. It is undeniable that digital health innovation is happening, however there is the feeling that is it developing at a slower...
Jonathon Burton, web and digital services manager at Berkshire Healthcare NHS Foundation Trust, talks about the Trust’s online therapeutic and social networking platform, initially designed for people with eating disorders. Mental health issues are 24/7, 365 days a year, but unless you are acutely ill in hospital, support services tend to be 9 to 5 with crisis services providing out of hours care. In 2009, mental health services for eating disorders weren’t as readily available...
Digitalization is going to disrupt the Healthcare industry as much if not more than it disrupted the traditional musical industry in the last two decade. Many actual signs confirm that analogy and the key difference would only be the speed of the major changes. It is up to the different partners in the healthcare industry from hospitals and doctors to pharmacies and other drug or medical devices manufacturers around the patients to decide if it...
