A study from UK-based analyst house, Juniper Research has found that the number of people using digital therapeutics and wellness apps will grow from 627 million in 2020 to more than 1.4 billion in 2025.
This follows regulators responding to COVID-19 by loosening rules that had previously delayed the work of digital therapeutics developers.
WHY IT MATTERS
The study, called Digital Therapeutics...
Dr. Eugene Hong, Executive Director – Institutional Banking Group, Healthcare & Pharmaceuticals, DBS, who has experience in both the healthcare and finance industries, or coined by the moderator as a ‘medically trained banker’, shared that healthcare today was what FinTech was like five years ago. Digital health is still in its infancy and one of the key lessons from the finance world that...
Although health tech and digital health startups have much to offer in terms of transforming healthcare, they often face the challenges of overcoming regulatory hurdles, which are especially stringent in healthcare for the safety of patients. In addition, clinicians can often be torn between being in medical practice and being involved in health tech innovation/research, particularly for those in...
"The single fastest growing medical device we have in this country is probably the iPhone," Jon Linkous, CEO of the American Telemedicine Association told Mobihealthnews. "I have discussions about the iPhone every single day."
Linkous also explained how the telemedicine industry has grown from "white labeled" (literally) corporate video conferencing solutions to the rapidly growing wireless...
By Mintz Levin's Russel Fox, Howard Symons, Susan Berson and Heather Westphal
The Federal Communications Commission (FCC) has proposed to allocate radiofrequency spectrum and establish service and technical rules for the operation of Medical Body Area Network (MBAN) systems. The FCC envisions that MBANs would provide a platform for the wireless networking of multiple body sensors used for...
The U.S. Food and Drug Administration has indicated in the past that under certain circumstances the iPhone may be considered a medical device and therefore regulated as one, however, as of February the FDA still hadn't figured out exactly which circumstances those might be.
Turns out Apple isn't waiting around for the FDA. iPhone application developer and GraniteKey COO Mike Ahmadi wrote in to...
