Factors like surging cases of COVID-19 infections and a fast-growing healthcare IT infrastructure are expected to boost the adoption of digital health technologies. Per a report by Global Market Insights, the digital health market was estimated to be more than $106 billion in 2019 and is expected to grow at a CAGR of 28.5% through 2026. Further, the platform is likely to facilitate a better patient experience, and in turn potentially contribute to better therapy management. Per management, CareGuidePro (which is the first patient-centric digital health platform created for SCS patients) is expected to be a simplified solution that will naturally incorporate into the care provider's workflow. The platform’s ability to provide this facility is an important step forward in neuromodulation as well as patient care. Per a medical expert, the ability to monitor patients more closely and receive faster data and feedback aids in adjusting and adapting therapies more efficiently and effectively per requirement. This allows detailed Patient Reported Outcomes to ensure that timely and crucial information is recorded and accessible, even outside of in-person office visits. The CareGuidePro platform enables patients to record their pain relief and other feedback directly into the app. Notably, this division is a component of the broader Restorative Therapies Group. The patient-centric digital health platform by Medtronic for SCS patients is expected to provide a significant boost to the company’s Pain Therapies division.
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A full United States release is, however, expected in late summer. It should also be noted that Medtronic is currently enrolling patients for the app's limited commercial release.
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The CareGuidePro, which serves as a virtual guide for patients for the entire duration of their treatment journey, has been developed in collaboration with physician-led digital health and patient-engagement solutions provider, Higgs Boson Health.įor investors’ information, the CareGuidePro is available on iOS and Android devices. Medtronic plc MDT recently announced a mobile application and web portal, CareGuidePro, for patients undergoing the company’s spinal cord stimulation (“SCS”) therapy.