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Digital Health Technologies Market: A Comprehensive Overview 2030 11-26-2024 09:16 PM CET | Health & Medicine Press release from: Data Bridge Market Research Digital Health Technologies Market Digital Health Technologies Market: A Comprehensive Overview The digital health technologies market has emerged as a transformative force in the healthcare industry, offering innovative solutions to improve patient care, enhance operational efficiency, and reduce costs. This market encompasses a wide range of technologies, including telemedicine, wearable devices, mobile health apps, electronic health records (EHRs), and artificial intelligence (AI) in healthcare. In this guest post, we explore an in-depth overview of the market, its scope, prevailing trends, and the key factors driving its growth. Browse More About This Research Report @ https://www.databridgemarketresearch.com/reports/global-digital-health-technologies-market Market Overview Digital health technologies leverage information and communication tools to support healthcare delivery, management, and wellness initiatives. The integration of these technologies in healthcare systems has been fueled by advancements in connectivity, software, and data analytics. The market has witnessed significant growth due to the increasing adoption of mobile devices and internet accessibility. Innovations such as AI-driven diagnostic tools, real-time monitoring systems, and data-driven decision-making platforms are reshaping traditional healthcare models. From remote consultations to virtual surgeries, digital health technologies are redefining how patients and providers interact. Governments and private organizations worldwide are investing heavily in digital health infrastructure. Regulatory frameworks are being updated to accommodate these technologies, ensuring safety, privacy, and efficacy. Consequently, the digital health technologies market is poised to become a cornerstone of modern healthcare systems. Scope of Digital Health Technologies The scope of digital health technologies extends across multiple facets of the healthcare ecosystem. Patient Engagement: Mobile health apps and wearable devices enable patients to track their health metrics, access educational resources, and communicate with healthcare providers. These tools foster greater patient involvement in their care plans, leading to improved outcomes. Telemedicine and Virtual Care: Telemedicine platforms facilitate remote consultations, diagnostics, and follow-ups. Virtual care solutions have gained traction, particularly during the COVID-19 pandemic, offering patients timely access to medical professionals. Data Management: EHRs streamline data collection, storage, and sharing, ensuring that healthcare providers have a comprehensive view of a patient's medical history. Advanced analytics and interoperability further enhance decision-making. Chronic Disease Management: Digital tools play a crucial role in managing chronic conditions such as diabetes, hypertension, and cardiovascular diseases. Continuous monitoring systems provide real-time feedback, enabling personalized care. Artificial Intelligence: AI is revolutionizing diagnostics, drug discovery, and predictive analytics. Machine learning algorithms can identify patterns in medical images, predict disease outbreaks, and optimize treatment plans. Behavioral and Mental Health: Digital platforms offering counseling, cognitive behavioral therapy, and meditation have expanded access to mental health services. These solutions help address the growing demand for mental health support. Market Trends The digital health technologies market is characterized by several key trends shaping its evolution: Integration of Wearable Technology: Wearable devices like fitness trackers, smartwatches, and biosensors are becoming mainstream. These devices provide continuous health monitoring, offering insights into physical activity, sleep patterns, and vital signs. Rise of Telehealth: Telehealth services have seen exponential growth, driven by the need for remote care during the pandemic. Virtual consultations, remote diagnostics, and telepsychiatry are becoming standard offerings. Personalized Medicine: Advances in genomics and data analytics are enabling personalized treatment plans tailored to individual patients' genetic profiles and health data. Blockchain for Data Security: Blockchain technology is gaining traction for its potential to secure patient data and enhance transparency in healthcare transactions. Health Gamification: Gamified health apps encourage users to adopt healthier lifestyles by turning fitness and wellness activities into engaging challenges. Growth of AI in Healthcare: AI applications in disease diagnosis, workflow optimization, and patient management continue to expand. AI-powered chatbots and virtual assistants enhance patient interaction and streamline administrative tasks. Global Expansion: Emerging markets are increasingly adopting digital health technologies. Countries in Asia, Africa, and Latin America are investing in digital health to address gaps in traditional healthcare infrastructure. Factors Driving Market Growth Several factors are propelling the growth of the digital health technologies market: Technological Advancements: Innovations in AI, IoT, and cloud computing have created robust platforms for digital health solutions. These technologies improve data processing, connectivity, and user experience. Increased Healthcare Spending: Governments and private entities are allocating more resources to healthcare, with a focus on digital solutions to enhance service delivery and efficiency. Aging Population: The growing elderly population has increased the demand for remote monitoring and telehealth services, making digital health a vital component of elder care. Rising Prevalence of Chronic Diseases: The global burden of chronic diseases has created a need for effective management solutions. Digital health technologies offer tools for continuous monitoring and personalized care. Consumer Demand for Convenience: Patients are seeking more accessible and convenient healthcare options. Digital health technologies meet these needs by enabling remote consultations and on-demand services. Regulatory Support: Governments worldwide are introducing policies to promote the adoption of digital health technologies. Initiatives such as reimbursement for telehealth services and digital health standards are accelerating growth. COVID-19 Pandemic Impact: The pandemic acted as a catalyst for digital health adoption. It highlighted the importance of remote care solutions and accelerated investments in digital health infrastructure. Health Data Explosion: The proliferation of health data from wearable devices, mobile apps, and EHRs has created opportunities for analytics and predictive modeling. Leveraging this data enhances clinical outcomes and operational efficiency. Conclusion The digital health technologies market represents a paradigm shift in the healthcare landscape. Its vast scope encompasses patient engagement, telemedicine, data management, and AI-powered innovations. Market trends such as wearable technology, personalized medicine, and blockchain are shaping the future of healthcare delivery. Meanwhile, factors like technological advancements, increased healthcare spending, and regulatory support are driving the market's growth. As the industry continues to evolve, digital health technologies will play an increasingly critical role in improving healthcare accessibility, quality, and sustainability. Stakeholders across the healthcare ecosystem must collaborate to harness the full potential of these technologies, ensuring a healthier future for all. Browse Trending Reports: https://newsasdbmr.blogspot.com/2024/11/cup-carriers-market-size-share-growth.html https://newsasdbmr.blogspot.com/2024/11/crypto-asset-management-market-size_26.html https://newsasdbmr.blogspot.com/2024/11/cryogenic-safety-valve-market-size.html https://newsasdbmr.blogspot.com/2024/11/crop-development-and-farming-market_26.html About Data Bridge Market Research: An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune. Data Bridge Market Research has more than 500 analysts working in different industries. We have served more than 40% of the Fortune 500 companies globally and have a network of more than 5,000 clients worldwide. Data Bridge is an expert in creating satisfied customers who trust our services and trust our hard work with certainty. We are pleased with our glorious 99.9% customer satisfaction rating. Contact Us: - Data Bridge Market Research US: +1 888 387 2818 United Kingdom: +44 208 089 1725 Hong Kong: +852 8192 7475 Email: - sopan.gedam@databridgemarketresearch.com This release was published on openPR.SALINAS, Calif. , Nov. 26, 2024 /PRNewswire/ -- Scheid Vineyards Inc. (dba Scheid Family Wines) (OTC Markets: SVIN) announced today its financial results for the six months ended August 31, 2024 (second quarter of fiscal 2025). Scott Scheid , President and CEO, commented, "It continues to be a difficult time for the wine industry. Bulk wine prices remain depressed and the market for cased goods, which has been impacted by distributor and retailer destocking, continues to be challenging. As a company, we've made significant efforts to do more with less, highlighted by our second quarter results showing a decrease of 16% in sales and marketing expenses and a decrease of over 5% in G & A. These efforts are ongoing and I'm proud of our teams who work each day on finding opportunities for growth and ways to improve our business." Mr. Scheid continued, "We recently executed new forbearance agreements with our lenders extending through July 31, 2025 . The terms of these agreements include forbearing interest and principal payments on the Company's existing debt. In addition, under the agreement with our operating lender, the Company received an additional $5.0 million to strengthen our working capital base." Financial Results Total revenues decreased 6%, to $26.1 million for the six months ended August 31, 2024 , from $27.7 million in fiscal 2024. Cased goods sales decreased 6%, to $21.2 million in the first six months of fiscal 2025, from $22.5 million in fiscal 2024, as the bottled wine business across the entire market slowed in the first few months of calendar 2024. The Company's bulk wine sales decreased 14%, to $1.8 million from $2.1 million , and winery processing and storage revenues remained flat at $1.5 million . Gross margins remained at 20% for each period. Sales and marketing expenses decreased 16%, to $4.8 million , from $5.7 million , and general and administrative expenses decreased 5%, to $3.5 million , from $3.7 million , as the Company continues its cost-cutting efforts. During the first quarter of fiscal 2025, the Company recognized revenue of $3.6 million from proceeds received from the dissolution of a winery processing agreement. In addition, the Company recognized a gain from the sale of non-vineyard land in the amount of $1.7 million in the second quarter of fiscal 2025. Interest expense rose 150%, to $7.5 million , from $3.0 million , due to increases in interest rates as each of the Company's lenders are accruing interest at the default rate of an average of 14.3%. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased to $4.4 million , from a loss of $1.2 million , primarily from the sale of land and the proceeds from the contract dissolution. In total, the Company reported a net loss of $3.9 million for the six months ended August 31, 2024 , compared to a net loss of $4.8 million for the six months ended August 31, 2023 . SCHEID VINEYARDS INC. AND SUBSIDIARY UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS SIX MONTHS ENDED AUGUST 31, 2024 AND 2023 (amounts in thousands, except per share data) Six Months Ended August 31, 2024 2023 REVENUES: Cased goods sales $ 21,233 $ 22,539 Bulk wine sales 1,826 2,145 Winery processing and storage revenues 1,508 1,451 Direct sales revenues 1,340 1,329 Vineyard management revenues 203 229 Other revenues 7 5 Total revenues 26,117 27,698 COST OF SALES (20,962) (22,121) GROSS PROFIT 5,155 5,577 Sales and marketing expenses (4,790) (5,696) General and administrative expenses (3,545) (3,674) LOSS FROM OPERATIONS (3,180) (3,793) Interest expense, net (7,489) (3,008) Proceeds from contract dissolution 3,613 — Gain on sale of property, plant and equipment 1,690 80 Other income (loss) 2 (40) LOSS BEFORE BENEFIT FROM INCOME TAXES (5,364) (6,761) BENEFIT FROM INCOME TAXES 1,509 1,915 NET LOSS $ (3,878) $ (4,846) NET LOSS PER SHARE $ (4.23) $ (5.31) WEIGHTED AVERAGE SHARES OUTSTANDING 916 912 About Scheid Family Wines Scheid Family Wines, a family-owned and operated wine company for over 50 years, is ranked among the top 25 largest wine producers in the United States . Based in Monterey County, California , Scheid is vertically integrated to bring high quality estate grown wines to the marketplace from its sustainably and organically certified vineyards and grower partners throughout the Central Coast. Scheid's innovative, luxury-level winery is 100% powered by renewable wind energy generated by a 400-foot-tall wind turbine, which also supplies energy to the local community. The Scheid Family Wines globally distributed brand portfolio includes Scheid Vineyards, Sunny with a Chance of Flowers, VDR (Very Dark Red), Grandeur (organically certified), Fog & Light, Metz Road, District 7, Ryder Estate, and HOXIE, a premium wine spritzer. Scheid Family Wines sells internationally to over 30 countries and is one of the largest producers of premium exclusive brands. Please visit www.scheidfamilywines.com and www.otcmarkets.com/stock/SVIN/quote for more information. CONTACT: Scott Scheid, President and CEO, scott.scheid@scheidfamilywines.com Mike Thomsen, Chief Financial Officer, mike.thomsen@scheidfamilywines.com View original content: https://www.prnewswire.com/news-releases/scheid-family-wines-reports-second-quarter-fiscal-2025-results-302316784.html SOURCE Scheid Family Wines © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Rarely does a college basketball game provide such stark contrast between the sport's haves and have-nots as when Jackson State faces No. 9 Kentucky on Friday in Lexington, Ky. While Kentucky claims eight NCAA Tournament crowns and the most wins in college basketball history, Jackson State has never won an NCAA Tournament game and enters the matchup looking for its first win of the season. Impressive tradition and current record aside, Kentucky (4-0) returned no scholarship players from last season's team that was knocked off by Oakland in the NCAA Tournament. New coach Mark Pope and his essentially all-new Wildcats are off to a promising start. Through four games, Kentucky is averaging 94.3 points per game, and with 11.5 3-pointers made per game, the team is on pace to set a school record from long distance. The Wildcats boast six double-figure scorers with transfer guards Otega Oweh (from Oklahoma, 15.0 ppg) and Koby Brea (from Dayton, 14.5 ppg) leading the team. The Wildcats defeated Duke 77-72 on Nov. 12 but showed few signs of an emotional letdown in Tuesday's 97-68 win over a Lipscomb team picked to win the Atlantic Sun Conference in the preseason. Kentucky drained a dozen 3-pointers while outrebounding their visitors 43-28. Guard Jaxson Robinson, held to a single point by Duke, dropped 20 points to lead the Kentucky attack. Afterward, Pope praised his team's focus, saying, "The last game was over and it was kind of on to, ‘How do we get better?' That's the only thing we talk about." Lipscomb coach Lennie Acuff also delivered a ringing endorsement, calling Kentucky "the best offensive Power Four team we've played in my six years at Lipscomb." Jackson State (0-5) and third-year coach Mo Williams are looking for something positive to build upon. Not only are the Tigers winless, but they have lost each game by nine or more points. Sophomore guard Jayme Mitchell Jr. (13.8 ppg) is the leading scorer, but the team shoots just 35.8 percent while allowing opponents to shoot 52.3 percent. The Tigers played on Wednesday at Western Kentucky, where they lost 79-62. Reserve Tamarion Hoover had a breakout game with 18 points to lead Jackson State, but the host Hilltoppers canned 14 3-point shots and outrebounded the Tigers 42-35 to grab the win. Earlier, Williams, who played against Kentucky while a student at Alabama, admitted the difficulties of a challenging nonconference schedule for his team. "Our goal is not to win 13 nonconference games," Williams said. "We're already at a disadvantage in that regard. We use these games to get us ready for conference play and for March Madness." Jackson State has not made the NCAA Tournament since 2007. The Tigers had a perfect regular-season record (11-0) in the Southwestern Athletic Conference in 2020-21 but lost in the league tournament. Kentucky has never played Jackson State before, but the game is being billed as part of a Unity Series of matchups in which Kentucky hosts members of the SWAC to raise awareness of Historical Black Colleges and Universities and provide funds for those schools. Past Unity Series opponents have been Southern in December 2021 and Florida A&M in December 2022. --Field Level Media
Lottery player’s win causes Maryland grocery store to erupt in cheers. ‘Pretty lucky’THE HAGUE, Netherlands (AP) — Alyssa Naeher ended her national team career with one last win. The stalwart goalkeeper made two critical saves in her final match for the United States, and the Americans beat the Netherlands 2-1 on Tuesday. “I definitely wasn’t thinking about it during the game, just wanted to win the game and do what I could to come away with the ‘W’ for us to close out the year,” Naeher said. Lynn Williams scored the go-ahead goal in the 71st minute for the U.S., which won its fifth Olympic gold medal in France this summer and wrapped up the year on a 20-game unbeaten streak. The Americans were coming off a scoreless draw with England on Saturday at Wembley Stadium. Naeher announced two weeks ago that the European exhibitions would be her final matches. The 36-year-old goalkeeper played in 115 games for the U.S., with 111 starts, 89 wins and 69 shutouts. Naeher is the only U.S. keeper with shutouts in both a World Cup and an Olympic final. She was in goal when the United States defeated the Netherlands 2-0 in the 2019 Women's World Cup final . “I feel like in my heart I would love to keep going. In my head, in my body and mind, I feel like it’s the right time. And I think it’s the right time with this team as well as it builds towards the future and towards 2027,” Naeher said. “This environment, this team, is an incredible team to be a part of, but it’s also really hard and really challenging in a lot of ways as well. “I feel like I’ve given everything I have to give for this team and that’s why I feel at peace with that.” The Netherlands took the lead on center back Veerle Buurman's header off a corner kick in the 15th minute. Naeher prevented a second goal when she punched away Dominique Janssen's shot in the 38th. The United States drew even at the end of the first half on an own goal that deflected off Buurman and past Dutch goalkeeper Daphne van Domselaar. Naeher slid to stop Danielle van de Donk's shot in the 69th minute before Williams, a second-half substitute, scored her fourth goal of the year and 21st of her career. “I wouldn’t say that this was our prettiest game of soccer ever. And sometimes that’s how games go. You can talk about tactics, you can talk about formations, you talk about everything, but the biggest thing was matching their intensity. Getting to the second ball, getting to the first ball. That was the shift that needed to happen,” Williams said about the team's second-half mindset. Naeher finished with six saves. She is not quite finished with soccer yet: She will continue playing next season for the Chicago Red Stars of the National Women's Soccer League. “She’s been consistent again and again. Even when she’s been questioned at times in her career, she’s always found the answer,” U.S. coach Emma Hayes said. “Not only has she been a great player in this program, but let me tell you, she’s so loved by everyone, players and staff alike. She is the best teammate you could ask for and that just speaks volumes to the person that she is.” Lily Yohannes came in as a substitute in the second half. Yohannes, who has dual citizenship, opted to play for the United States over the Netherlands last month. She plays professionally for the Dutch club Ajax. The U.S. finished the year without the trio of Mallory Swanson, Trinity Rodman and Sophia Smith, who were left off the roster for the final two matches to rest and heal nagging injuries. The U.S. is unbeaten in 15 matches under Hayes, who took over in May. ___ AP soccer: https://apnews.com/hub/soccer The Associated PressAUTODESK, INC. 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