Digital health innovation is permeating every corner of the healthcare industry...
 | | | Healthcare was the last remaining industry to hold out against the torrent of digital technologies transforming retail, banking, and media — until now. The digital health ecosystem is evolving at a rapid pace as consumers' preferences and demands around healthcare shift towards speed, convenience, and personalization — and healthcare organizations leverage technology to remedy a range of industry challenges.
As a part of our Digital Health coverage, Business Insider Intelligence has identified some of the most impactful trends reshaping the landscape.
Here are 5 digital health technologies transforming both the patient and doctor experience: | | - 47% of US physicians are interested in using voice assistants professionally
- Administrative tasks such as clinical documentation are associated with more than 30% of healthcare costs
- The global health virtual assistant market is expected to reach $3.5 billion in 2025
| | - Consumer use of wearables for health purposes increased from 9% in 2014 to 33% in 2018
- Wearables can incentivize healthier behavior – associated with a 30% reduction in risk of cardiovascular events and death
- 90% of consumers are willing to share wearable device data with their doctor
- The total installed base of fitness tracker and health-based wearables in the US will surpass 120 million by 2023
| | - Telehealth tools and solutions can serve anywhere between 42% and 45% of the 1.2 billion instances of outpatient medical care that occur each year
- Around one-fifth of US adults suffer from a mental illness, but there are currently fewer than 14.7 psychiatrists per 100,000 people
- The share of large employers offering telemedicine as a health plan benefit spiked from 63% in 2017 to 74% in 2018
- 57% of consumers say they'd use telehealth for a remote general consultation
| | - AI can diagnose conditions up to 100 times faster than humans, reduce treatment costs by up to 50%, and potentially improve outcomes by up to 40%
- AI will be able to automate up to 40% of hospital support staff tasks by 2030
- 68% of US providers say their organization is at least one to two years away from adopting AI
| | - Transportation issues cost the US health system around $150 billion annually
- An estimated 3.6 million individuals in the US miss medical appointments due to transportation barriers
- The Lyft Concierge pilot reported a 30% decrease in wait times, a 32% decrease in per-ride costs, and satisfaction rates of 80%
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