Healthcare Leaders See 4 Digital Technologies As Game Changers in 2019

Fred Donovan | January 29, 2019

Healthcare Leaders See 4 Digital Technologies As Game Changers in 2019
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 billion, growing by 30 percent this year. Key segments include remote patient monitoring devices, telehealth and mHealth platforms, and personal emergency response systems.

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Over the past decade, there have been concerted efforts by public agencies, universities, and nonprofits to put the troves of administrative data that governments collect to greater use in making better decisions and improving the quality of life for families and communities. As the Annie E. Casey F


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