From a recently published analysis of Telehealth;
(Telehealth can be defined as) connected devices, services, and applications used by a consumer outside of a clinical setting for medical, health, or wellness purposes
… home health technology is becoming increasingly recognized by the healthcare industry as an effective means of curbing healthcare costs and producing better patient outcomes.
According to a recent report from Tractica, the global market for home health technologies will grow from $3.4 billion in 2014 to more than $13.7 billion by 2020.