Digital Therapeutics: Enterprise Opportunities in Virtual Healthcare
Technological advancements in healthcare, particularly in the areas of Artificial Intelligence, Deep Learning, and health monitoring via wearables, are assisting doctors in collecting vast amounts of data. A large amount of data and generate useful insights. This has resulted in a clear shift in the priorities of healthcare stakeholders. Patients are increasingly looking for information online. solutions that can provide …
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Potential applications & Areas of use: Digital Therapeutics
Behavioral Change & Guidance: Medication adherence, in which patients either forget, neglect, or take a lower-than-recommended dose of medications, is a major issue faced by all stakeholders in the healthcare ecosystem. In the United States, for example, three out of every four patients have been found to be non-adherent. According to the Pharmaceutical Research and Manufacturers of America (PhRMA), the …
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The Way Forward: Digital Therapeutics
Chronic disease management is expected to cost USD 42 trillion by 2030. According to the Centers for Disease Control and Prevention, 90 percent of the US healthcare budget of USD 3.3 trillion is spent on treating people with chronic and mental health conditions. Complicating matters, a global shortage of healthcare workers is expected to reach 15 million by 2030. Many …
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