The market for home health technologies in the U.S. is expected to reach $5.8 billion by 2018, driven largely by providers' growing need to manage population health and deliver care as efficiently as possible, according to a report from IHS Technology.
In response to rising demand, vendors are developing products able to be better integrated with care delivery services for the complete healthcare package.
"As connectivity and interoperability is increasing, these products — both devices and services — are starting to converge giving consumers more comprehensive solutions," Roeen Roashan, IHS analyst for consumer medical devices and digital health, recently told Forbes. "As they become more comprehensive, the gap between clinical care and home health becomes more narrow, which is necessary to provide patient centered care."
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