With a growing elderly population and increasing demand for noninvasive therapies, the potential for medical device innovation in traditional healthcare settings is promising. These prospects are bolstered by recent efforts by the Food & Drug Administration (FDA) and the Centers for Medicare & Medicaid Services (CMS) to facilitate the process of medical device approval. Mobile health services are also projected to expand rapidly in the coming years. These products could revolutionize care coordination outside of healthcare facilities, provide digital therapies, and enhance user health on a day-to-day basis.