Health IT Product News Report
Allied Market Reseach reports that the US Health Care Information Technology market was evaluated at $61,018 million in 2017, and is estimated to reach $149,178 million by 2025, at a CAGR of 11.7% during the forecast period. The industry is driven by growing demand for improved patient safety and patient care as well as increase in government initiatives to promote and adopt health IT.
Data Bridge Market Research reports the market drivers and growth can be attriuted to the increase in technological know-how, growing volume of patient data, and demand for quick and efficient healthcare processes and systems will help in driving the growth of the healthcare IT market. Increasing digitization in the healthcare industry and demand for value based care and rising cost of provision of healthcare services coupled with the increasing number of healthcare facilities will likely accelerate the growth of the healthcare IT market in the forecast period of 2020-2027.
And finally over 120 companies are found on the newest Inc. 5000 2020 list of fastest growing private companies. Several of those in the top 200. The list is ranked according to percentage revenue growth when comparing 2016 and 2019.
Read all our product news reports. Here is a snapshot of health IT product news being announced.
Health IT Product News:
Belong.Life Expands its Comprehensive Multiple Sclerosis Networking and Navigation App to Support the French-Speaking Canadian Community
Belong.Life, developer of social and professional networks for managing and navigating diseases, and the creator of the world’s largest social network for cancer patients, announced the expansion of the BelongMS app to include a French language option for the French-speaking Canadian community. BelongMS is a free and anonymous AI-powered social networking platform uniting multiple sclerosis (MS) patients, caregivers and healthcare professionals to help navigate the condition and its treatment.
Essence SmartCare Launches VitalOn Remote Patient Monitoring Solution
Essence SmartCare (@Essence_grp), a provider of IoT-based remote care solutions, announced the launch of VitalOn, a comprehensive remote patient monitoring (RPM) platform for active seniors and older adults living with chronic conditions.
Telemedicine Product News:
Pager Announces Suite of Flexible Enterprise Solutions to Address Healthcare Fragmentation and Gaps in Care
Pager (@getpager), a virtual care collaboration platform, announced its suite of next-generation solutions that enable health plans and healthcare organizations to deliver a seamless care journey for their consumer-members.
HealthTalk A.I. Introduces Emergent Telehealth Capabilities
HealthTalk A.I. (@HealthTalkAI), a patient engagement company, announced the addition of on-demand Telehealth and Tele-EMS capabilities to its platform. This enhancement enables healthcare organizations to connect patients with on-call clinicians expeditiously.
AI Product News:
AR Medical Technologies Launches MaskFit AR: Helping You Sleep for Better Health
Positioned at the forefront of helping people with obstructive sleep apnea (OSA) improve their health and quality of life, AR Medical Technologies launches MaskFit AR (@MaskFitAR). Powered by artificial intelligence and machine learning, MaskFit AR overcomes a 30-year problem of improper patient mask fitment for people who use CPAP or BiPAPTM to treat their OSA. MaskFit AR is much more than just a facial scanner or a measurement tool, it is a next generation mobile app platform that overcomes the guess work of accurate mask fitment which is essential in the treatment of obstructive sleep apnea (OSA).
Tempus Unveils Its Lens Platform, Offering Unparalleled Access to One of the World’s Largest De-Identified Clinical and Molecular Datasets
Tempus (@TempusLabs), an artificial intelligence and precision medicine company, announced the launch of its cloud-based data and analytics platform, Lens. The all-in-one platform will provide scientists and researchers across biotechnology and pharmaceutical companies with short term, on demand access to more than 35 petabytes of de-identified clinical and molecular datasets, along with the latest artificial intelligence analytical tools to accelerate drug discovery and development.
Clarius Introduces First Ultrasound System That Uses AI and Machine Learning to Recognize Anatomy for an Instant Window into the Body
In its biggest Clarius Ultrasound App update to date, Clarius Mobile Health (@clariusmhealth) is introducing the ability for its wireless ultrasound systems to automatically detect body anatomy being scanned by clinicians. This new feature is now available with the Clarius C3 HD multipurpose and the Clarius PA HD phased array ultrasound systems.
Biobeat’s AI-Powered Remote Patient Monitoring Platform Receives A Full CE Mark
Biobeat (@BiobeatT), a wearable remote patient monitoring solutions company for the healthcare continuum, announced that its full AI-powered wearable remote patient monitoring platform has received a full CE Mark. The approval encompasses Biobeat’s wrist and chest-patch monitoring devices’ accurate and continuous monitoring of crucial patient vital signs, including blood oxygen saturation, respiratory rate, non-invasive cuffless blood pressure, pulse rate, pulse rate variability, mean arterial pressure, pulse pressure, stroke volume, cardiac output, cardiac index, systemic vascular resistance and skin temperature.