Investors are pouring billions of dollars to enhance care in the home. The global smart home healthcare market is forecasted to attain a revenue of $30.0 billion by 2023. The market is mainly driven by the growing geriatric population escalating the demand for personalized healthcare which in turn is increasing the demand for mHealth technologies and advancements in smart home healthcare technologies.

$14.6B of venture funding pumped through digital health in 2018, making it the most-funded year since tracking the market according to a report by Startup Health.

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