Telehealth Market Report 2023: CEOs, Advisors, and Experts Share Insights

The healthcare technology market is rapidly shaping new landscapes delivering brand-new digital solutions that revolutionize the way patients get care. However, any striving domain results lead to new business and technical challenges and roadblocks that emerge monthly or daily.

At Riseapps, we've been engaged in healthcare (and telehealth) #softwaredevelopment for over 6 years, and have delivered 20+ healthtech-enabled products with full #HIPAAcompliance . But the ever-evolving healthcare technology market prompted the idea of conducting a market-wide report that would share up-to-date, unique, and relevant healthcare technology, and telehealth, in particular, pain points, insights, and recommendations.

For this purpose, we've interviewed 12 market-leading and award-winning C-level executives, advisors, and experts of healthtech startups and companies to gather, analyze, and share real-life and exclusive market insights. The core goal is to help innovative #healthtech startups, SMBs, and enterprise-level healthcare providers address their own challenges down the road.

Finally, I am glad to release the healthtech market report and gather your sincere feedback if the below-mentioned scenarios, insights, and tips resonate with your real-life business scenario.

I am extremely delighted to welcome the listed healthtech experts:

• Mohamed Kamara , CEO & Founder at InovCares
• Payam Zamani , CEO at MY DR NOW
• Sam Rubinzstain , President & Co-founder at ChronWell, Inc.
• Dr. Ashok Gupta, DPT , Co-founder & COO at TheraNow
• Jack Reynolds , Co-founder at BioLum Sciences
• Kate Pascucci (She/Her) , VP of Marketing at Interactive Digital Solutions
• Kerry Kozuki , COO at Open Mind Health
• Jyotsna Mehta , Founder & CEO at Keva Health
• Maria Kunstadter , CEO at The TeleDentists
• Shaun Mitra , Founder at BrioCare
• Vytas Kisielius , CEO at ReferWell
• Matthew (MG) Grose , CTO at ōmcare
• Gregg Smith , CEO at Remote Care Partners

What Awaits the Telehealth Landscape: Top Tech Trends to Invest In

I’ve seen the trend of big pharmaceutical companies starting to establish partnerships with earlier-stage startups pretty often. And I think they're starting to make a more significant shift now into virtual care and digital health, along with the point of care, and biomarker detection, which is precisely what we're doing.?

In my opinion, the continuum of care is where a lot of innovation will be for the next decade, and most healthtech companies will shift their focus to it.

It's definitely about real-time communication technologies. including video calls, live chats, and real-time notifications across multiple platforms. They’re going to expand as the healthcare world becomes more distributed, yet synergized.

Remote patient monitoring (RPM) and Artificial Intelligence (AI) are the core trends we see right now. RPM helps provide high-quality remote care backed with AI solutions that enable gathering and analyzing data from multiple sensors and building predictive treatment and care models.

I'm sure it's gonna be AI. Operating in dentistry, AI helps read x-rays and allows to pinpoint multiple diseases way more accurately than a tired dentist at the end of the day looking at X-ray.?

Next, we believe in telehealth as a huge player in the healthcare industry 10 years from now. I think virtual-first primary care is where all healthcare should go.

I think interconnectivity gonna be at the forefront. I guess everything’s gonna be managed by open APIs and I do believe that security and authentication services are gonna also be at the forefront. More than that, AI will become a trendsetter, but it’s gonna take time.

Right now everything in healthcare is done in a classic and out-of-date way as patients get data via text or email notifications. So, we believe voice technology is an advanced means of communication even when you’re trying to educate patients on self-care. Backed by AI, voice AI-based products will dominate in the next few years.

AI, Remote Patient Monitoring, and interoperability are all critical. As far as remote patient monitoring is concerned, we look at it as an array of items that are available for the patient. So, it might be something that is provided to the patient by use or a vendor that we work with, but it also needs to incorporate what many individuals already use as a part of their lives.

I think that having an experienced tech partner onboard is among the core trends and right ways for healthtech companies to approach future challenges. In our case, the tech-savvy partner helped us successfully deal with EHR integrations using Redox to push the required data in and out of the EHR system.?

We greatly appreciate every minute our speakers shared with us to provide their expert opinioins on healthcare technology transformation, trends, challenges, and insights.