The following are 7 emerging technologies in the healthcare market that one should keep an eye out for in 2015:
- The market was estimated to be worth $14 billion by the end of 2014.
- Smartwatch shipments are expected to increase by 41% over the next 4 years, accounting for 70% of all wearable shipments by 2019.
- Phablets are mobile devices that are about 2 inches smaller than the iPad mini (example: the iPhone 6).
- Phablets will be a significant competitor to tablets in healthcare because of their ability to make calls
3. 3-D Printing
- TechNavio expects the global 3-D printing market for healthcare to grow by almost 15% CAGR (compound annual growth rate) from 2014-2019.
- 3-D Printing can be used in areas ranging from prosthetics to hip replacements.
4. ICD-10 apps
- Kantar Media surveyed 3,000 physicians and found that 78% use a smartphone and 51% use a tablet, which means that ICD-10 apps will be useful as doctors are trying to reduce the costs of ICD-10 implementation.
5. Smart bands
- Smart bands are expected to significantly grow in 2015 with an estimated 15 million units to ship.
6. Prescribable apps
- There has been some speculation that mobile apps are better at dealing with chronic conditions than medication.
- Research2Guidance predicts that the global health app market will grow to $26 billion in revenue at the end of 2017 (at the end of 2014 it was $2.4 billion).
7. Mobile-optimized EHRs
- Practice Fusion optimized its EHR system for iPad and Android tablets.
Summary by MedicalGroups.com
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