A healthy America could mean healthy profits for the digital health industry. These are the findings from a new Parks Associates forecast, which sees that U.S. revenues from digital health technology-enabled solutions and services will exceed $5.7 billion in 2012.
The study, titled “Delivering Quality Care to the Digital Home: 2010 Update,” shows that revenues in this space hit $1.7 billion in 2010, and further notes that this is a growing market. After all, there was the CES 2011 “Fitness TechZone,” which showcased digital innovations including apps, while numerous companies have gotten on board with the idea of digital health.
According to Parks Associates:
“This report reviews the digital health industry’s achievements and setbacks over the last five years and highlights new technology trends and application growth areas that will continue to drive the market in the next decade. This report focuses on consumer-driven care technologies and services and updates and expands on Parks Associates’ 2006 study Delivering Quality Care to the Digital Home.”
Of course this is welcome news to KineticShift.com, and we’ll be sure to follow the industry – from everyone from apps to gadgets. More importantly, we know that this focus on health has to be about better quality of life and not just an increase quantity of profits.