In 2014, the healthcare industry saw a lot of innovation in technology. According to a report by StartUp Health, $6.5 billion was invested in digital health in 2014, compared to the $2.9 billion in 2013. Additionally, the report showed that these are the trends to watch for in 2015:
As healthcare reform continues to spark more and more innovation, providers and payors may start to look at entrepreneurs to create effective solutions. The three sectors with the largest amounts of private funding in 2014 were big data and analytics, population health and healthcare system navigation.
As the aging population increases, so will consumerism
Healthcare in the U.S. can be costly, and as the prices rise there’s more need among consumers to manage their own health. As we’ve seen with Apple’s Health app and other health-monitoring apps, the need for mobile technology in order to take preventative measures regarding self-health is rising.
According to StartUp Health, there are more than 7,500 startups around the world that are working on new solutions for digital health. Within the U.S., cities like New York and Boston are seeing an increase in number of companies obtaining funding.
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