GLOBAL IOT AND VIRTUAL HOSPITAL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Global IoT and Virtual Hospital Market, By Disease Type(Classical MWS, MWS with amyloidosis, MWS without amyloidosis, Overlap MWS, Others), By Treatment Type(Anti-inflammatory drugs, Immunosuppressants, Biologics, JAK inhibitors, Corticosteroids, Analgesics, Others), By Route of Administration (Oral, Injectable, Topical, Others), By Distribution Channel(Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Global IOT and Virtual Hospital Market- Recent Developments

Product and Technology Launch

On April 18, 2023, Saint Joseph Hospital, healthcare provider celebrated the launch of a new model of nursing care that will address staffing challenges while enhancing patient care. On April 18, hospital leaders shared an update about the virtually integrated care technology developed by CommonSpirit Health, which selected CHI Saint Joseph Health as a pilot site to pioneer this model of care.
In September 2021, MFine, a Healthtech startup, announced that it has raised US$ 48 million in a Series C funding round led by Moore Strategic Ventures and BEENEXT with participation from existing investors, Stellaris Venture Partners, SBI Group Japan, SBI Ven Capital Singapore, Heritas Capital, Prime Venture Partners, Y’S Investment Pte Ltd., and Alteria Capital.

Business Development Activities by the Market Players

On October 2023, Cedars-Sinai launched a new artificial intelligence-driven mHealth application for patients in California, U.S. that provides virtual care options for various clinical conditions. The Cedars-Sinai Connect app provides 24/7 virtual access to healthcare professionals for urgent care and same-day appointments for primary care. Patients can use the app to access care for numerous conditions including colds, headaches, anxiety, type 2 diabetes, wellness visits, and specialist referrals.
In June 2020, Royal Philips, a global leader in health technology, announced it has once again joined forces with the American Telemedicine Association (ATA) to help further the adoption of telehealth across the industry, demonstrating its commitment to connecting care across acute, post-acute, and home care settings. The continued collaboration spotlights the growing adoption and momentum in telehealth amidst COVID-19, and the need to convey the exponential shift to telehealth capabilities.