2022 – The Digital Health Ecosystem: An in-depth examination of the players and technology trends that are reshaping the future of healthcare

This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here.

Digital disruption is shaking the healthcare industry, and its impact is felt differently by all major stakeholders – payers, providers, manufacturers and distributors of medical supplies. So far, healthcare has been the only remaining industry that has not yet felt the rapid impact of digitization on commerce, banking, and the media. However, consumer acceptance of digital technologies, regulatory reforms, and a changing reimbursement model are forcing health care actors.

Digital healthcare innovations are permeating every corner of the healthcare industry, offering incumbents new ways to combat declining margins, labor shortages, and rising costs. But digital transformation also poses a threat to those who move slowly as new entrants rely on their digital skills and a lack of existing infrastructure to cut costs and maintain flexibility. Therefore, existing companies are turning to new acquisitions, partnerships and investments to enhance their digital health services.

the first Digital Health Ecosystem Report by Business Insider Intelligence examines the current healthcare ecosystem, the industry trends driving digital transformation, and where the industry is headed. We identify the role of key industry players – including payers, suppliers, and manufacturers – and how they are affected by the digital disruption of healthcare. We also discuss the most transformative digital health technologies and identify areas of investment that receive the most funding to illuminate the future digital health journey.

The companies mentioned in this report are: Aetna, Alphabet, Amazon, American Well, AmerisourceBergen, Anthem, Apple, Arizona Care Network, Arterys, Babylon Health, Beth Israel Deaconess Medical Center, Bay Labs, Blue Cross, Blue Shield Association, and Blue Mesa Health , Bright Health, Cardinal Health, Cedars-Sinai, Cleveland Clinic, Clover Health, CVS, DePuy Synthes, Devoted Health, Dexcom, Doctor on Demand, Express Scripts, Fitbit, Fresenius Medical Care, GE Healthcare, Geisinger, Glooko, GSK, healthfinch , IBM, IDx, Johnson & Johnson, Mass General, McKesson, Medtronic, Merck & Co., Merck KGaA, Microsoft, NewYork-Presbyterian, Northwell Health, Novartis, Olive, Omada Health, Optum Rx, Oscar Health, Pear Therapeutics, Pfizer , Philips, PillPack, ResMed, Rite Aid, Roche, Samsung, Sanofi, Senseonics, Suki, Tallahassee Memorial Hospital, T-Mobile, UnitedHealth Group, Verily, Viant, Walgreens, Walmart, Wellpepper, Zocdoc

Here are some key points from the report:

  • Digital Health is at the fore in the transformation of the healthcare industry – both as a driver and in response to the challenges faced by industry players.
  • All the major players in the industry – including payers, providers, and manufacturers – are affected by the digital healthcare disruption.
  • A confluence of forces has led to healthcare’s embrace of digital health, including changing consumer expectations, a new and turbulent payment model, and rising healthcare costs
  • Technology-focused newcomers are also making their way into healthcare, acting as catalysts for change and threatening the bottom line of old players.
  • Major digital health solutions such as electronic health records, digital therapies, telemedicine, artificial intelligence, wearables, and blockchain are the basis of the digital awakening in the industry.
  • Early evidence that digital health can address many of the industry’s myriad challenges led to the emergence of a vibrant digital health financing market in the United States in 2018, with total funding reaching $6.8 billion at the end of the third quarter.

The full report:

  • Describes the health care landscape in the United States through the roles that payers, service providers, manufacturers, and retailers play in the health care system.
  • Provides an overview of how digital health enables established companies to meet industry challenges.
  • Describes how participants in technology-driven healthcare are putting pressure on incumbents and accelerating the digital transformation of healthcare
  • Outlines the most promising areas of digital health financing to illustrate what the future of digital health will look like.

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