“Tech advances in general will unlock many new opportunities in digital health. Virtual reality will offer new approaches for treating mental health conditions, and the health care industry will embrace more use cases for digital twins in clinical trials, hospital operations, and disease modeling. We see a push for smarter clinical development, and organizations are already testing ChatGPT, the generative AI technology, in developing therapeutic ideas, analyzing medical data, and identifying patterns. We also expect more tech-related advances to focus on reducing consumers’ required out-of-pocket spending for health care.”