The healthcare industry is in the midst of a massive wave of change owing to the latest technological advancements. The advent of digitalization has also influenced the industry by making the process of providing healthcare facilities more data-driven and accurate, both for the patients and healthcare providers. As such, below are some of the latest innovations that assure bright prospects in the field of healthcare.
Rapid innovations in the field of healthcare sector have successfully enabled to bridge the gap between patients and physicians through telemedicine initiatives. Moreover, the sharp increase in the number of elderly patients along with the burgeoning demand to minimize the healthcare expenses has further helped in paving the way for telemedicine services.
2. IoT and Wearables
The advent of IoT and other technology into the medical sector has led to the use of smart wearables and connected devices that enable us to make healthy life choices. This has been especially useful to track the status for patients suffering from conditions such as diabetes, heart arrhythmia, COPD, asthma, and so on.
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3. Gene Therapy
Gene therapy involves targeting a non-functioning or missing gene in the DNA of a patient and then replacing it with or adding a working gene to form the required protein. With successful gene therapy, the patient would no longer need to pursue any ongoing treatment.
4. Personalized Healthcare and Medicine
By catering to the specific needs, lifestyle, and genetic makeup of each patient, personalized medicine has emerged as a notable trend in healthcare. By avoiding the traditional one-size-fits-all approach, personalized healthcare provides an opportunity to reduce the number of ineffective interventions.
5. Artificial Intelligence
AI is proving to be a disruptive force in the field of healthcare with the technology being extensively used in hospital workflow tasks and maintaining the accuracy of diagnosis. Moreover, many organizations such as Google, IBM, and Microsoft have also started working on their own AI healthcare projects.
6. Cloud Computing
The cloud technology has enabled patients to access their test results and other vital data through the cloud without having to wait for it endlessly. Studies have shown that by 2018 more than 80 percent of interactions with health care providers will be via mobile devices.
The significance of optimizing medical productivity and minimizing errors has led to an increase in demand for automation robots. As per studies, the medical robotics market is expected to reach USD 12.80 billion by 2021.