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Success Stories: High-Tech Healthcare Devices

For healthcare providers and patients, healthcare devices continue to advance to give the patient more data and opportunities to improve overall health. Consider the example of glucose monitors and insulin pumps, which saw staggering growth during the COVID-19 pandemic.

GlobalData suggests digital applications often give healthcare providers the tools needed to evaluate the data, create reports, and recognize trends in blood glucose levels, medication adherence, or lifestyle factors. The technology continues to advance too.

For the patients, apps can help them stay on top of their medication schedule by sending reminders about taking prescribed medications. Some are even designed to enhance patient compliance by incorporating incentives from social media and gaming.

Here is how this can help in healthcare:

Looking to the future, we will continue to see more growth in the days ahead. GlobalData suggests the continuous glucose monitors and insulin pumps market is projected to nearly double from $10.6 billion in 2022 to $20.8 billion in 2033.

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