Wednesday, June 13, 2018

Doctor Smart

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Doctor Smart: 
Digital Health and Healthcare Platform


Health care in most countries is one of the most socially significant and most sensitive sectors. 

These are important public and social institutions and large commercial markets. 

In the next two years, according to Deloitte estimates, global health costs will reach $ 8.7 trillion and the share of global GDP spent on health care will increase to 10.5%. 

In the US experts expect growth rates in the healthcare market to reach 4.3%; in Western Europe this figure is 4%; in a transition economy, up to 7.5%.


The main drivers of the growth of the health care market are the aging population, higher life expectancy and increased hospitalization costs. 

All this has brought, and will continue to lead, to the growing demand for high quality, up-to-date outpatient services. 

Their development will improve the availability and quality of care for patients and reduce public expenditure spending. Today, the outpatient sector makes up about a third of the global health market, which amounts to $ 2.2 trillion by 2016. 

Analysts at Grand View Research estimate that by 2022 the global ambulance services market will surpass $ 3.4 trillion. 

By another estimate, by 2024 this market size will reach $ 3.7 trillion at the current compound annual growth rate (CAGR) of 5.7%.

As health care spending continues to increase, consumer consumer medical services, public authorities (industry's largest customers) and charitable funds are actively seeking better cost efficiencies. 

It is unlikely that any of them will be willing to sponsor endless cost growth in this sector without a noticeable increase in the quality and availability of medical care. 

One of the most promising solutions to this problem is the digitization of the health sector.


According to IBIS World estimates, the number of people above 65 has reached 46 million in the US. 

These people are a generation of 'baby boomers', whose health care preferences have driven growth in the demand for digital health care services - they prefer home care (or long distance) and health monitoring for hospital care and often have the money to pay me t. 

Baby boomer income is significantly higher than the previous generation, and in the next 15 years, the need for this generation of advanced medical care will increase.

McKinsey estimates that digital and mobile health care technologies will help US taxpayers save from $ 175 billion to $ 379 billion annually. 

According to McKinsey analysts, implementing consumer internet solutions in telemedicine will save between $ 34 billion and $ 138 billion annually


McKinsey experts estimate that in the next 5-10 years about 65% of people who have smartphones will use it to access health services, including telemedicine 7. 

Currently, about 68% of US citizens use smart phones.

Experts at Grand View Research estimate that in the next 10 years the market for telemedicine services will increase by 1500%: 

from $ 7.2 billion in 2015 to $ 113.1 billion by 2025.


Telemedicine has the potential to replace most of the traditional services. 

In Sweden for example, the Hurley Clinic conducted a six month pilot project, implementing internet services in their ambulatory practice.

Approximately 133,000 patients took part in the experiment, which showed that 60% of outpatient appointments could be made by doctors remotely

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