Digital Health to Empower Women and Aging Population with mHealth, Telemedicine, Femtech and AI

SANTA CLARA, Calif., Oct. 7, 2019 /CNW/ -- The healthcare industry's steady shift toward improved patient outcomes, cost containment, and value-based care is expected to drive the global digital health market from an estimated $147 billion in 2019 to $234.5 billion in 2023. As digital health grows, the need for cybersecurity will accelerate as well. Regulators in the United States and other countries will impose hefty fines and penalties on those healthcare providers that do not adequately protect patient data from the constant threats to patient privacy and data security. Femtech and digital therapeutics will also grow as opportunities in both medical-grade and mass-market products and solutions offer new ways to manage health.