digital health: a global snapshot

DIGITAL HEALTH A global snapshot

Tjasa Zajc, journalist Medicine Today on Digital Health Podcast

PATH TO HEALTH

Sick care

InnovationHealthcare

PRESENT

was the approximate size of the Medtech market in 2015.

340 billion USD

Statista.com (2016): Revenue from the medical technology industry from 2009 to 2015 (in billion U.S. dollars)*Med device online (2015): Report: By 2020, Global Medtech Market Worth $477.5 Billion, Medtronic Top Device Maker.

It is estimated to reach 477.5 billion USD by 2020.

Rock Health (2017): 2016 Year End Funding Report: A reality check for digital healthStartUp Health (2017): 2016: THE HEALTH MOONSHOT MOVEMENT

4 billionUSD in U.S. only, 8% less than in 2015

8 billion USD invested in 2016

165.000mHealth apps in 2015

IMS Institute for Healthcare Informatics (2015): Patient Adoption of mHealth - Use, Evidence and Remaining Barriers to Mainstream Acceptance, Markets and markets (2015): mHealth Solutions Market by Connected Devices (Blood Pressure Monitor, Glucose Meter, Pulse Oximeter) Apps (Weight Loss, Women's Health, Personal Health Record, & Medication) Services (Remote Monitoring, Consultation, Prevention) - Global Forecast to 2020.

50-60 billion USD 259.000mHealth apps currently

300Clinical trials for mobile apps underway; 53% targeting seniors

predicted size of mHealth market by 2020

+ 3,4 billion peoplewill own a smartphone by 2017

1/2European Commision (2014): Green paper on mHealth, The Scottish Governement (2016): Supporting & Empowering Scotland’s Citizens National Action Plan for Technology Enabled Care August 2016

Are predicted to use them for health

430 million in India by 2019

Where are we?

Even when a consumer discovers and downloads an app, they are highly unlikely to repeatedly use it; some people download and never use

mHealth supply and demand growth rates 2013-2016

Digital health, digital medicine …

or just modern medicine?

before an innovation becomes a part of medical practice

17 years

Morris Z.S. et al. (2011): The answer is 17 years, what is the question: understanding time lags in translational research in JRSM.

Failing, making a mistake and learning from your mistakes in Silicon Valley is often referred to as ‘innovation’.

The same thing in healthcare is often called ‘malpractice’.

Massoud Safaee (2015): Big Healthcare Data: Why innovation and adoption is slow. Mazetti.com

It's really disrupting how we train the next generation of physicians.

One of my major concerns is that, in addition to spending all of their time in front of a computer, they're cutting and pasting.

They're not learning to think. Everything is about an algorithm. What is meaningful is our capacity to really take care of our patients, to help them and make them well. It's why these kids went into medicine in the first place, but they're not learning how to think anymore or to relate to the patients.

Carol A. Bernstein, MD in Beating Burnout: Are EHRs the Enemy? Medscape.com

“

Technology is not the problem.

The era of sensors, not gadgets is just beginning.

Be open minded when making assumptions.

THANK YOU.

@zajctjasatjasa.zajc@finance.si

Medicine Today on Digital Health&

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