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mHealth: Finding value in medical device mobility

July 10, 2014 by MassDevice

New health, fitness, and lifestyle applications seem to launch almost daily and the market seems to be validating the value of many of these products.  But what about mobile in the medical device space?

Mobile health-related devices and telehealth services are exploding.  VC financing of digital health companies is way up; estimates are that it’s now twice the flow of what’s going into traditional device firms.

Today, creation of mobile health applications is made easier than ever due to the evolution of critical enabling technologies:  cloud data services, miniaturization of sensors and electronics, “body-area” networking with protocols like Bluetooth, and ubiquitous wireless and cellular networks to collect all that data.

New health, fitness, and lifestyle applications seem to launch almost daily and the market seems to be validating the value of many of these products.  But what about mobile in the medical device space?

At the macro level healthcare industry trends are certainly aligned to leverage the advantages of mobile health applications: aging populations, chronic disease, healthcare costs, and consumer driven demand will create needs.  Mobile-enabled solutions hold the promise to meet these needs and transform healthcare into a more efficient, patient-centered and value-based system.

At the next level, the question is how, specifically, can mobile capability add value?  There could be any number of reasons:

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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