Consumers using home health technologies will increase from 14.3 million worldwide in 2014 to 78.5 million by 2020, according to research firm Tractica.

With capability to remotely monitor patients with chronic conditions, utilize technology for improved eldercare, and conduct virtual physician consultations, the firm says home health technologies are emerging as a distinct segment within the larger mobile and digital health market. Medical monitoring, diagnosis, and treatment will be the largest application market over the next few years, with the projected growth of a wide variety of connected health devices and software apps.

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