The health sector has seen very good investments in 2017. It stands at a record $6 billion, with a lot of health tech deals in excess of $100 million. There is no doubt that plenty of cash is flowing into the system. We also see the likes of Amazon and Apple making their foray into the healthcare setup. It looks like it is very easy to get into the digital health than going out of it.
It is not an easy job to move the digital health from an idea into the healthcare market. Many great ideas are coming up, but there is no concrete support and valid evidence for these ideas. These ideas need to be put into practice through clinical trials to check its success rate.
The market need is one of the most important factors in the clinical path. There needs to validated trails done on the different ideas from trusted sources. The advancements in the technology are a very good thing, but it will only be useful if it is compatible with the workflow. For an idea to succeed in the healthcare sector, it needs to fulfill three needs. The digital health is just a new innovation. It would need the support of clinical evidence and access to the market in order to be successful.