The Digital Health 150 companies span a wide spectrum of categories that involve all three key stakeholder groups for the healthcare industry — providers, payers, and patients. It’s a mix of startups at different stages of funding and product commercialization.
via CB Insights
The healthcare IT outsourcing market will grow as government mandates lead to more spending on improving IT operations. Demand for high-quality healthcare is rising. The IT outsourcing market is expected to reach $61.2 billion, at a 6.70% CAGR.
AI technology is poised to become more visible across the healthcare process and clinical workflows. There will be significant opportunities in the virtual assistant space and other data-driven AI applications,” said Chandni Mathur, an analyst at Frost & Sullivan.
Data, analytics, and artificial intelligence can help to improve healthcare choices. Data is behind the explosion of “precision medicine” and “personalized medicine” — and now, data can be used to identify the best treatment options for an individual.
“This year’s GII shows how big data and artificial intelligence have begun to dominate the health equation. Those who hold the data and analyze it will become more and more powerful. A large part of health-related decisions may move away from the medical professions into the hands of large data consortium.”
via INSEAD Knowledge