Digital health is booming. According to Verified Market Research's Digital Health Market report, the global digital health market size is expected to hit US$325,730.94 million by 2028, up from US$96,794.51 million in 2020.
"With digital health, we have the opportunity to create significant value and change how we manage patients," explained Aghogho Ekpruke, digital health architect for Baxter Healthcare Corporation, during the Connected Devices and Ecosystem of Care session at MD&M Minneapolis.
This year we've seen digital health technologies turn out in force among the 2021 Medical Design Excellence Awards finalists and winners, and we've seen innovations such as Zimmer Biomet's Persona IQ smart knee implant gain FDA clearance, AliveCor expand its digital health tech for cardiac monitoring, digital therapeutics take off, Dexcom engage innovators for real-time continuous glucose monitoring, smart toilet seats that can gather health data and vital signs, and many more digital health products.
And EY expects a data-driven healthcare future, according to its 2021 Pulse of the Industry report.