"remote health monitoring" articles

Investments have flowed into the digital health sector in the past 18 months as companies have rolled out new telehealth solutions and developed new solutions for a healthcare market grappling with restrictions related to COVID-19.  During Parks Associates 8 th annual Connected Health Summit session, Driving Innovation: New Investments and the Future of Healthcare , Parks Associates was joined by healthcare innovators and investors representing Bluetooth Special Interest...

Last week, Parks Associates hosted its Connected Health Summit  series, with virtual sessions highlighting new consumer health data and industry insights examining connected solutions in the digital health markets.  During the session, Virtual Health and Remote Monitoring , Jennifer Kent, VP Research, Parks Associates, was joined by industry executives to discuss the incredible growth in demand for telehealth services and connected health devices, and how that changes...

Parks Associates kicks off its 2021 virtual Connected Health Summit this week with its first session on January 27, New Connected Health Use Cases: Impact of COVID-19 . COVID-19 has turned the healthcare industry on its head, moving the focal point of care away from the care facility and into the home. Ahead of the session, Anthony Kaul, Co-Founder and COO of Cloud DX , shared his thoughts with us on the the multi-layered impact COVID-19 has had on the connected health market:...

New product and service announcements at CES 2021 last week revealed that virtual healthcare solutions are at the forefront of healthcare, due in part to the COVID-19 pandemic. Extensive regulatory modifications, combined with changing consumer preferences regarding in-person versus remote care, have created a significant shift in the market, and very quickly. In Q2 2020, Parks Associates research found 41% of US broadband households used a telehealth service, a nearly triple...

The COVID-19 pandemic has turned the healthcare ecosystem on its head. The outbreak led to sharp decreases for in-person visits and the delay of elective care procedures, due both to official public safety measures and consumer’s avoidance of exposure. Care providers and health systems have leaned on technology to provide much needed care to patients at home, through telehealth consultations and remote patient monitoring programs.  Parks Associates data reveal that telehealth use...

On August 5th, telehealth pioneer Teladoc announced that it would be acquiring/merging with leader in diabetes management Livongo in a stock swap arrangement valued at $18.5B. This deal highlights how the telehealth - and overall medical landscape - has changed in 2020 as a result of COVID-19. Teladoc and Livongo Key Facts (source: Teladoc) Parks Associates has followed the connected health market for over a decade, watching its slow growth and acceptance in the...

The connected wellness and fitness device market has been on an upswing for the past 18 months. Smart watches and fitness trackers, led by Apple and Fitbit, have begun their journey to mass adoption; while connected fitness equipment company Peloton has emerged as a streaming content powerhouse – showing the potential of new business models and new methods of engaging with consumers.  The outbreak of COVID-19 has had a significant impact on the fitness and wellness market –...

Prior to Parks Associates' sixth annual Connected Health Summit: Independent Living and Wellness , Dev Singh, CEO of ViKi Health AI, shared his insights on the connected health market with the firm's analyst team. What features of wellness and fitness apps are in highest use? Which are in highest demand? Health and fitness applications can be divided into following categories: Fitness Tracking, data storage and management- for tracking and storing workout...