Digital Health Landscape
Determine the latest trends in digital health, with focus on remote monitoring, telemedicine, preventive diagnostics (digital) in hospitals, residential homes, and clinics. Determine also the investments in this space and the number of startups in New York City and Israel that deal with digital health.
Digital Health Landscape
- The U.S. telehealth market is envisioned to be worth around $10 billion in 2020. Driven by the COVID-19 pandemic, this sector is also expected to attain a higher double-digit increase of around 80%.
- An increasing number of healthcare professionals are leveraging technologies such as telehealth to link with their patients virtually as various areas impose quarantine measures to contain the coronavirus.
- Around 76% of U.S. hospitals also link up virtually with their patients and consulting physicians with the use of "video, audio, chat, email, and related technologies."
- Attractive private and public reimbursement incentives for telehealth services in most of the states are also increasing the use of telehealth across the country.
K Health is a startup that is based in New York City and in Israel.
It recently obtained a $48 million Series C funding for its initiative to use AI in telemedicine
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We propose to continue with the research to provide 2-3 additional recent trends in digital health, with focus on remote monitoring, telemedicine, preventive diagnostics (digital) in hospitals, residential homes, and clinics. For each trend, we will describe the trend, defend why it's considered a trend, and provide 1-2 examples of industry experts or thought leaders discussing the trend. We are assuming a US focus. If a more broad approach is desired, for example, a global focus, this would have to be clearly communicated to us in any reply.
We also recommend proceeding with the research to provide 2-3 investments in the telehealth sector. For each investment, we will provide the investment initiative name, 1-2 sentence overview of the investment, the investor, and the amount of investment if available.
As we were not able to find the total number of startups in New York and in Israel, we propose proceeding with the research to provide 8-10 startups that are involved in digital health and are operating in New York and separately, those with presence in Israel. For each company, we will provide the name, website, 1-2 sentence overview of the company and its telehealth offerings.