The Ultimate List of
Healthcare IT Statistics For 2020

The healthcare IT landscape is evolving at a more rapid pace owing to the technology advancements in the software, medical devices and connected medical device space.

And so, it’s imperative for businesses to stay current with the new developments in the industry to stay ahead of the competition.

But how can you be sure you’re keeping up with the times? A great way to remain relevant and keep up with the healthcare IT trends is to keep an eye on healthcare statistics.

Healthcare Technology Statistics

The Health-tech market is brimming with a plethora of clinical solutions meant to serve the customers by allowing them to manage their health. But without the proper insights into which direction the market is expected to get inclined in the future, it’s impossible to finetune your healthcare app development strategy.

So, let’s look at a couple of the primary medical app market stats to let you get an idea of the contemporary clinical landscape. Why not begin with a couple of generic stats that gives a better idea in which the healthcare IT market is going forward:

  • The health tech industry is anticipated to reach USD $280 Billion by 2021 at a CAGR of 15.9% between 2016–2021. (Deloitte – 2019 Global Healthcare Outlook)
  • Total funding to digital health startups in the first quarter of 2018 reached $1.62 Billion which is the highest amount raised by healthcare tech startups in the Q1 of any year. (DreamIT)
  • By 2023, the US medical device market is expected to grow to $208 billion. U.S. exports of medical devices in key product categories identified by the Department of Commerce exceeded $43 billion in 2018. (SelectUSA)
  • Technology-driven innovation has the power to improve the understanding of patients, enable the delivery of more convenient, individualized care and create $350 billion–$410 billion in annual value by 2025. (McKinsey)
  • As of 2017, 94% of hospitals leveraged their EHR data to perform hospital processes that inform clinical practice. 82% of the respondents use EHR data for supporting quality improvement, while 81% of them do it to monitor patient safety, and 77% for measuring organization performance. (The Office For The National Coordinator For Health Information Technology)

AI In Healthcare Statistics

  • The artificial intelligence market is anticipated to reach USD 190.6 billion by 2025, at a CAGR of 36.6%. (Acumen Research & Consulting)
  • Only 7% of IT professionals believe that AI has made a significant difference in healthcare while for 39% of them it has marginally impacted the niche leaving 53% waiting for the modern technology to take the big leap in the healthcare industry. (Venrock)
  • During 2019-2025 spending on AI is expected to record a CAGR of 26.9%, increasing from US$ 463.0 million in 2019 to reach US$ 2,452.7 million by 2025. (Research And Markets)

Wearable Technology / Connected Healthcare Industry Statistics

  • The wearable fitness technology market is anticipated to reach USD 12.44 billion by 2022, growing at a CAGR of 13.7% from 2016 to 2022. (Markets & Markets)
  • Activity/fitness monitors niche accounted for more than 26% of wearable tech market share in 2018. The diabetes care wearable medical devices industry accounted for over 20.% revenue share in 2018 and is anticipated to foresee momentous growth over the estimation period of 2019-2025. (Global Market Insights)
  • 44% of wearable device owners quoted physical activity as the top reason for their wearable use. (RockHealth)
  • About half of adult wearable users precisely 50.6% regularly wear a smartwatch. (Emarketer)
  • By 2022, ear-worn devices (“hearables”) shipments will take over as the top wearables segment with 158 million units shipped compared with 115 million smartwatch shipments in 2022. (Gartner)
  • 74% of respondents believe multiple wearables and sensors will help them interact with other devices and physical things around them, whilst 1 in 3 smartphone users believes they will wear at least 5 wearables beyond 2020. (Ericsson)
  • 32% of consumers who purchase wearable technology use it for health and clinical reasons, including fitness use. 24% say that they wear the devices because it’s a tech innovation. (Quid)

Internet of Medical Things (IoMT) Statistics

  • According to Grand View Research, it is predicted that spending on IoT for healthcare will reach $534.3 billion in 2025 at an annual growth rate of 19.9%. Rise in the demand for IoT integration in healthcare solutions is anticipated to be the key driver for this expansion. (Grand View Research)
  • The Internet of Medical Things (IoMT) market is anticipated to grow to $158.1 billion by 2022 at a (CAGR) of 30.8% and the number of such devices is expected to grow to 20-30 billion by 2020. (Deloitte Report)
  • Six in ten healthcare organizations are already using IoT, with patient monitors (64%) and X-ray/imaging devices (41%) among the main devices connected to the network. (Aruba)
  • 30.3% of IoT devices are used in healthcare since its introduction in the industry. (UST Global Inc)
  • As per 71% of the 237 respondents working in medtech companies believe that health care providers and clinicians are not ready to utilise data generated from connected medical devices. However, 67% of them believe that the regulatory framework will not catch up with what is possible today for another 5 years. (Deloitte Centre For Health Solutions)
  • Approximately, 60% of healthcare organizations have already adopted Internet of Medical Things (IoMT). (Frost & Sullivan)

Chatbots Adoption In Medical Sector Statistics

  • 22% of people are nearly 2x more likely to use chatbots for engaging with the second most popular industry, healthcare, whereas retail being at the first spot. (Drift)
  • By 2023, the global healthcare chatbots market is anticipated to reach USD 316.85 Million at 21.10% CAGR. (Market Research Future)
  • Healthcare is among the 3 key industries to get benefited from time and cost savings related to chatbot delegation of customer service enquiries. Also, the consumers and businesses combined will save over 2.5 billion by 2023 in this sector by leveraging chatbots. (Juniper Research)
  • As per 64% of the respondents informational bots are most popular in the health sector. (Accenture Digital)
  • The chatbots in the healthcare market garnered a revenue of $36.5 million in 2018. The revenue for the market is projected to reach $498.1 million by 2029, growing CAGR of 26.29% during the forecast period from 2019-2029. (BIS Research)

Virtual Care / Telehealth / Remote Patient Monitoring Statistics

  • Telemedicine Market size is set to exceed USD 130.5 billion by 2025; according to a new research report by Global Market Insights. (Global Market Insights)
  • The size of the global telemedicine market is anticipated to evolve at a CAGR of 16.8% and reach USD 56738.3 Million by 2023. (Market Research Future)
  • A total of 22% of physicians have used telehealth to see patients, up 340% from 2015 when only 5% of physicians reported having ever used telehealth. But by 2022, between 340,000 and 590,000 physicians are expected to be using telehealth services. (American Well)
  • 62.6% patients and 59% clinicians there is no difference between virtual/telehealth and physical visits as far as the overall quality of the visit is concerned. 32.7% of patients and 45.9% of clinicians reported that the in-person visit is better, but for more than 50% of them there was no difference. (The American Journal of Managed Care, 2019)
  • 23% of consumers have used video visits and 57% of consumers who have not done so yet are willing to try the same in the future. Also, 42% of millennials have had video visits and 68% of those who have not said they would do so in the future. (Deloitte 2018 Survey of US Physicians)
  • Approximately 65% of physician practices with a telehealth solution already in place plan to make further investments, up from 45% in 2018. Besides, roughly 90% plan to make an investment plan to do so in the next 18 months. (Definitive Healthcare)
  • The remote patient monitoring market is expected to reach US$31.326 billion by the end of 2023, increasing from US$15.871 billion in 2017, growing at a CAGR of 12% during the forecast period. (Research And Markets)
  • 96% of employers will make telehealth services available in states where it is allowed next year virtually and 56% of them plan to offer telehealth for behavioral health services. Telehealth utilization is on the rise, with nearly 20% of employers experiencing employee utilization rates of 8% or higher. (National Business Group On Health)
  • 76% of U.S. hospitals connect with patients and consulting practitioners using video and other technology. (American Telemedicine Association)
  • Today, almost 70% of providers use some sort of telehealth or telemedicine tool, and 71% of people prefer to search for health-related information using a voice assistant. (Center For Digital Strategies)

Big Data In Healthcare Statistics

  • The North America big data analytics in healthcare market size was valued at $9.36 billion in 2017, and is projected to reach $34.16 billion by 2025, growing at a CAGR of 17.7% from 2018 to 2025. (Allied Market Research)
  • The global big data in healthcare market was estimated to be worth $14.25 billion in 2017, and is expected to grow over $68.75 billion by 2025. (BIS Research)
  • 44% of providers surveyed have implemented an enterprise-wide data governance capacity, the remaining 56% have incomplete or non-existent enterprise-wide governance processes. (Dimensional Insights)
  • Big data in the healthcare sector is anticipated to experience an outstanding CAGR of 36% through 2025 starting from 2018. (IDC)
  • By applying big data analytics on a system-wide basis could reduce healthcare spending in the US by a whopping $300-450 billion annually. (MapR)

Cloud Computing in Healthcare Statistics

  • The global healthcare cloud computing market is projected to reach USD 51.9 billion by 2024, from an estimated USD 23.4 billion in 2019 at a CAGR of 17.2% during the forecast period. (Markets And Markets)
  • The global healthcare industry is rapidly leaning toward adopting hybrid clouds, with the sector anticipated to jump from 19% hybrid cloud penetration to 37% in the next two years. (Nutanix)
  • Global Healthcare Cloud Computing Market is set to exceed USD 55 billion By 2025. (Global Market Insights)

Blockchain In Healthcare Statistics

  • The global blockchain technology in healthcare market accounts for USD 42. 60 Million and is anticipated to witness an excellent CAGR of 71.8% during the forecast span which is 2018-2023. (Market Research Future)
  • 55% of respondents believe that blockchain technology has the potential to disrupt the healthcare industry in the near future. (Deloitte’s 2019 Global Blockchain Survey)

Augmented Reality (AR) and Virtual Reality (VR) In Healthcare Statistics

  • Augmented Reality in Healthcare Market will Increase at 23% CAGR By 2023. Market Research Future
  • The market for virtual reality and augmented reality in healthcare was estimated around $2.14 billion in 2018 and is projected to reach $11.14 billion by 2025. (BIS)
  • Education & Training is the application segment that holds the maximum percentage (34.8) in the global AR/VR healthcare market. (Fortune Business Insights)

mHealth Apps Adoption Statistics

  • As of March 2018, there were 47,911 mHealth apps accessible on Apple App Store. Earlier, the number was 44,384, indicating a 4.53% drop off over the preceding quarter. (Statista)
  • There are a total 98420 health and fitness apps available on Google Play store having an average rating of 4.5. (AppBrain)
  • 48% of healthcare consumers are using mobile/tablet apps, compared to just 16% in 2014. (Accenture 2018 Consumer Survey on Digital Health)
  • Less than 4% of mHealth app publishers manage to get more than 1 million downloads annually for their app portfolio. (Research2Guidance)
  • Approximately, two-thirds of consumers want their healthcare digital experience to be more like retail. (HIMSS18 & NTT DATA Services)
  • 40% of people aged above 55 more likely to use digital health technology or mHealth apps if a healthcare professional recommended it to them, versus 34% of those aged 35 – 54 and 33% of the ones between 18 to 34 years of age. (Phillips)
  • More than half of healthcare organizations have embraced Telehealth solutions and implemented remote patient monitoring capabilities. (American Hospital Association)
  • 56% of US physicians said they have discussed an app or digital program with a patient related to their diagnosis or treatment in the past one year. (PwC)
  • It has been found out that through mHealth apps, 60% of US adults monitor their weight, diet, and exercise; 33% of them track blood glucose, headaches, sleep patterns, blood pressure, and chronic pain; and seven out of 10 Americans track at least one health indicator. (Mordor Intelligence)
  • Growth in mHealth app downloads majorly comes from both mature markets like the US, UK and France at 35%, 40% and 40%, as well as emerging markets like Brazil, India and Indonesia at 35%, 65% and 110% growth respectively. (Appannie)
  • 81% of all mHealth app publishers are leveraging tools. Tool users report 4 times more downloads compared to non-tool users. Also, 27% of mHealth publishers connect their apps via an API service and 42% of healthcare apps connect to sensors and wearables. (Research2Guidance)
  • Between 165,000 and 325,000 health and wellness apps are now commercially available to patients, with >10,000 built specifically for mental or behavioral health. (Nature.Com)
  • 64% of Americans are willing to have doctor visits via video telehealth. (Jackson Healthcare)
  • mHealth apps associated with patient care are growing at a faster rate, and now represent 40% of all healthcare mobile solutions. (IQVIA)

Healthcare Data Breach / Fraud & HIPAA Compliance Statistics

  • There are 32 data breaches recorded on a monthly basis in the healthcare industry. (Symantec)
  • HHS collected a record $28.7 million from healthcare providers and insurers in 2018 for inadequate responses to data breaches. (HHS)
  • 15% of data breaches involve healthcare organizations. (Verizon)
  • Healthcare sector had 113,491 sensitive files exposed on average, making it one of the most vulnerable niches. (Varonis Data Lab)
  • Ransomware attacks on healthcare organizations are anticipated to be quadruple by 2020. (Cybersecurity Ventures)
  • 66% of healthcare organizations have said that the cyberattacks have become even more sophisticated over the past year in multiple forms such as island hopping, destructive attacks, fileless attacks, and counter incident responses. (Carbon Black)
  • 39% of respondents reported “very confident” that their organization was meeting HIPAA privacy, security and breach notification requirements. 51% of them indicated they were “somewhat confident” and 10% cited “not very confident” of their organizations meeting all HIPAA requirements. (Sai Global & Strategic Management)
  • Data breaches are particularly costly for healthcare in comparison to other industries, with costs in healthcare 2.5 times greater than the global average across industries. (IBM)
  • In 2019, healthcare organizations accounted for 29.2% of all reported data breaches. (SecurityMetrics)
  • 63% of US consumers are confident in the security measures that health app and device companies have taken to protect privacy and secure health data only 17% of them are extremely confident.
    (Accenture)
  • In the US alone, the loss to health care fraud to be about $80 billion annually, a figure that’s actually on the more conservative side as other industry sources peg the losses to be over $200 billion. The amount accounts for around 3 to 10% of the total yearly spending on healthcare.
  • About 50% of U.S. adults are extremely concerned about the security of their healthcare data. (Coalition Against Insurance Fraud)
  • In 2018, there was at least one data breach of healthcare records every day. Between 2009 and 2018, more than 59% of the US population has had their healthcare records compromised from data breaches. (HIPAA Journal)