Blog about HealthTech - Page 2

Recent years have seen a surge in the number of wellness applications. In 2023 alone, the market size of health and wellness apps was estimated at 49.7 billion USD, with a great variety of apps for users to enjoy. Most wellness apps are targeted at either the general audience or specifically at fitness enthusiasts – but there seems to be...

Everyone agrees on the importance of health – it’s our most valuable resource for living a full and zestful life. The digital age has seen numerous health apps popping up to help people take care of themselves.  But what about people who lack the motivation to do so? After all, staying healthy is a lot of work and sometimes can...

Private health insurance companies have worked on the global market for a long time, and the industry is enormous. But, not many businesses in the healthcare sector consider the need for mobile health insurance software and neglect it. By doing so, insurance companies lose a significant part of their customers. According to the Accenture 2020 Digital Health Consumer Survey, 75...

Just let this statistic sit in your mind for a minute: the healthcare industry generates around 30% of the world’s data. But for now, most healthcare organizations have barely scratched the surface of putting their data to use. How do you begin harnessing the full potential of your datasets? The most efficient option is to implement predictive analytics. And here’s...

Nowadays, most businesses have their own apps for the convenience of consumers. The same applies to healthcare providers and their products – mHealth apps. According to Statista, the global mHealth market reached 16.9 million USD in 2022 alone. This growth is expected to continue, with forecasts saying the market could grow to 50.5 million USD by 2025.  This clearly shows...

The recent pandemic’s impact on the healthcare industry was harsh. However, it also brought new opportunities. During that time, we saw a rise in the popularity of digital health solutions. These solutions revolutionized healthcare, allowing patients to consult doctors remotely via video calls or messages. More importantly, they slashed operating costs for healthcare providers. Today, the telehealth market is still...