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Oct 14, 2015

The digital health market for self-care technologies (gadgets and tech-enabled services such as sensor-based activity trackers, wearable patches, mobile applications, and personal health devices) represented US$4 billion invested in 2014 and 95 companies acquired for more than US$20 billion. The adoption of these solutions by patients, especially by baby boomers, can make healthcare costs sustainable and improve patient care outcomes. Examples of self-care and mobile health solutions are substituting remote consultation for ER visits, self-care for remote consultation, or smartphone apps for remote and in-person consultation. In the near future, mobile health technologies will be pre-configured, loaded with data and delivered to boomers, as well as reimbursed by governments. Companies with access to people’s homes will incorporate sensors. Watches will replace clip-on wearables, and predictive analytics will be proven to improve care and avoid costs.