The digital healthcare market is booming: 5 things to know

Mary Rechtoris -   Print  |

The digital healthcare market is expected to grow substantially through 2021, according to a Research and Markets report.

Here are five things to know:

 

1. From 2016 to 2021, the market is expected to increase at a compound annual growth rate of 15.05 percent.

 

2. The rising adoption of smartphones, drive toward home healthcare and an increase in mobile health app use is spurring market growth.

 

3. A drive for streamlined and real time-based communication between the physician and patient will also facilitate market growth.

 

4. North America has experienced fast adoption of wireless health and mobile health-based services. North America has experienced a growing adoption of electronic health record adoption in hospital-owned ambulatory surgery centers.

 

5. Market vendors include WebMD, Biotelemetry, Allscripts and Cerner.

 

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