DYK: Medical technology for healthcare is booming
Mobile technology for healthcare, or mHealth, is exploding. Consider these stats: According to The Economist, about half the adult population today owns a smartphone. By 2020, that number will increase to 80%. There are more than 100,000 health apps currently on the market and more than 4 million downloads a day, says a Research2Guidance report. And, the biggest number by far? Integrated Change predicts the mobile healthcare market will reach $58.8 billion by the end of 2020.