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The last decade has seen a significant shift in healthcare practices that are empowering patients to provide routine self-diagnostic and chronic non-skilled therapies. The proliferation of patient-operated and wearable devices for vital signs monitoring, sample collection, and regimented drug delivery have never been greater. Add to this the convenience for diabetics, dialysis patients and others to perform many tasks from the comfort of their own homes. It is no surprise, therefore, that patient-administered healthcare is one of the fastest-growing segments in the medtech industry, with an estimated CAGR of 12.5% through 2030.
Patient-operated healthcare has become so prevalent that the term “distance-care” is now considered to include all categories, such as wearable and in-home devices for real-time monitoring and chronic drug delivery devices.
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Leading the way in this area are codes for devices and services related to the musculoskeletal and respiratory systems, followed by innovations that support ophthalmology therapy for amblyopia and …
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