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Healthcare Leaders See 4 Digital Technologies As Game Changers in 2019

January 29, 2019 / Fred Donovan

Healthcare leaders believe four digital technologies — artificial intelligence, big data analytics, mobile health (mHealth), and wearables — will be game changers this year, according to Frost & Sullivan. The market research firm predicts that the market for healthcare IT applications using artificial intelligence will reach $1.7 billion by the end of 2019, growing at a robust 68.5 percent of compound annual growth rate (CAGR) through 2022. “AI-powered IT tools that manage payers’ and providers’ business risks in clinical, operational, financial, and regulatory settings will especially find high uptake,” said Frost & Sullivan Transformational Health Industry Analyst Kamaljit Behera. Frost & Sullivan expects the healthcare big data analytics market to reach $68 billion by next year as more specialty-specific products are used by providers. In addition, the market for digital health technologies enabling out-of-hospital care will total $25 ...