Below, we outline how digital technology in healthcare is working to address SDOH.
The following is a preview of one Digital Health report, the Social Determinants of Health Report. You can purchase this report here.
The coronavirus pandemic afflicted the US healthcare industry at a time when it was already experiencing rising rates of chronic disease, doctor burnout, and staff shortages but it especially took a toll on some of the most vulnerable, at- risk communities across the country. Hospitals and insurers use digital health to tackle nonclinical health factors. bii
Widening health disparities are leading healthcare payers and providers to broaden the scope of health-influencing factors they address to include social determinants of health (SDOH), like income and access healthy food. But how do tech and digital transformation play into this?
Digital Health Market Growing with Massive CAGR says P&S Intelligence
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NEW YORK, March 16, 2021 /PRNewswire/ The increasing prevalence of chronic diseases, coupled with the inadequacy of the healthcare facilities in rural and far-flung areas, is propelling the demand for remotely diagnosing and monitoring patients. As a result, the global
digital health market value, which was $101.4 billion in 2019, is projected to reach $884.1 billion by 2030, at a 21.8% CAGR during 2020–2030, according to P&S Intelligence.
The concept of digital health encompasses connected devices, mobile health (mHealth) applications, electronic health records (EHRs), and various other applications of the audio–video and telecommunications technologies that can help doctors and patients communicate without physically being with each other. In this regard, the growing geriatric population is also acting as a strong digital health market driver, a