Whether activity trackers, smartwatches or sensors, wearables have made fitness and wellness an always-on activity among consumers. But a disconnect exists between an “always-on” approach and the brick and mortar that is the doctor and patient relationship.
A rise in digital health solutions has the potential to alter the nature of the doctor-patient dynamic through increasing virtual treatment, self-care and engagement. An estimated $2.8 billion was used to fund digital health startups last year, and an even bigger influx of startup cash is emerging in this area. Accenture estimates that funding for digital health solutions will double in the U.S. over the next three years, growing from $3.5 billion in value to $6.5 billion by the end of 2017.