Technological discoveries, reduced hardware costs and better understanding of human behaviour have the potential to reshape patient care. We expect to see more opportunities in products and services that improve the quality of patient care.
What is the future of patient care?
Better connectivity, cheaper sensors, more sophisticated artificial intelligence, and machine learning have the potential to reshape patient care.
Patient care will evolve on many fronts. More sophisticated health monitoring is already here with the launch of the Dexcom G7, a continuous glucose monitor for diabetics. As well as ensuring faster diagnoses, new products and services will promote healthier behaviours among patients. We expect to see continued growth in the market for medication adherence systems and technologies, patient engagement and patient monitoring.
The patient engagement solutions market is projected to grow from $17.3 billion in 2022 to $27.9 billion by 2027, at a compound annual growth rate of 10.0%.