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Industry Landscape
The digital health industry is experiencing rapid growth, driven by increasing adoption of telehealth, AI, and remote monitoring. Focus on patient engagement, personalized care, and cost reduction is paramount. Regulatory support and investor interest are strong, especially for solutions addressing chronic disease management and health equity. Interoperability and data security remain key challenges.
Total Assets Under Management (AUM)
Global Digital Health Market Size in United States
~$295.49 Billion (2023)
(16.8% (CAGR 2024-2030) CAGR)
The digital health market is expanding due to:
- Increasing demand for remote care.
- Advancements in AI and IoT.
- Focus on chronic disease management.
Total Addressable Market
320 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Predictive Analytics
Utilizing artificial intelligence and machine learning to predict medication non-adherence risks and identify patients who would benefit most from proactive interventions.
Digital Therapeutics (DTx)
Software-driven interventions that deliver evidence-based therapeutic interventions to prevent, manage, or treat a medical disorder or disease.
Wearable Sensors & IoT Devices
Integration of smart sensors and internet-of-things devices to passively monitor medication intake, physiological data, and adherence patterns in real-time.
Impactful Policy Frameworks
21st Century Cures Act (2016) & FDA's Digital Health Guidance
This act and subsequent FDA guidance aim to accelerate medical product development and bring new innovations to patients faster and more efficiently, specifically addressing software as a medical device (SaMD) and clinical decision support (CDS) tools.
This policy provides a clearer regulatory pathway for Scene's technology and data-driven solutions, potentially easing market entry for new features and expanding use cases.
CMS Interoperability and Patient Access Rule (2020)
This Centers for Medicare & Medicaid Services (CMS) rule mandates that payers using federal programs implement secure, standards-based APIs to share patient data, aiming to improve data exchange and patient access to their health information.
This rule pushes for greater data integration capabilities, which could benefit Scene by enabling more seamless data exchange with health plans and systems, improving coordinated care and outcome measurement.
Consolidated Appropriations Act, 2023 (Expanded Telehealth Provisions)
While not a single policy, recent legislative actions, including the Consolidated Appropriations Act, 2023, have extended many telehealth flexibilities that were introduced during the COVID-19 Public Health Emergency, making them permanent or extending them for a longer duration.
Continued support for telehealth directly aligns with Scene's remote monitoring and video DOT model, facilitating broader adoption and reimbursement for their services across various healthcare sectors.
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