While healthcare has historically been slow to embrace technology, the sector is going to witness significant changes during the next several decades. The digital health market is forecast to reach $206 billion by 2020. Leading companies are already redefining themselves with digital transformation, applied for their main functional areas with customer-centric strategy.
For us, keeping your eye on the newest industry-specific tech trends is vital. These trends are usually best showcased in the world’s leading events–in our case, healthcare conferences. Today we are going to share our insights obtained at Med-Tech Innovation Expo, spotlighting 8 big technology trends in healthcare to watch over the next few decades.
All of the trends we observed earlier at HIMSS18 stay in place. While businesses have a tendency to rely on systems that are proven, they are always searching for new methods of boosting productivity and performance by way of technology. They have the same security issues and do extensive research on new methods of delivering services. Now let us move to further observations.
Evolution in telemedicine is one of the biggest sources of accelerated change in the US healthcare system. In a big country where access to suppliers is restricted, telemedicine is increasingly proving to be transformative. In urban areas, underserved communities also face problems arising from wait times that have increased from 18.5 to 24 days from 2014. Telemedicine is advancing diagnosing and treatment by making it easier for patients to access experts, too. Access to electronic records has also made it easier to forward documents to experts. In rural areas, this may mean the difference between having or not having specialist input into a situation.
Data exchange platforms are changing what we think of as telemedicine. While the current video chat platforms which dominate the business serve immense purposes, telehealth services can do much more. By way of instance, hospitals have been able to reduce readmission rates by supplying real-time monitoring of patients away from the office. As a result of the advent of wearable devices, it is normal for remote tracking systems to now be contained in post-discharge programs for patients.
The Internet of Medical Things (IoMT)
Various devices and mobile programs have started to play a vital role in monitoring and preventing chronic illnesses for many patients and their physicians. By combining IoT advancement with telemedicine and telehealth technologies, a new Internet of healthcare Matters (IoMT) has surfaced. This approach involves the use of lots of wearables, such as ECG and EKG monitors. Many other common medical measurements may also be obtained, such as skin temperature, glucose level, and blood pressure readings.
By 2017, almost 60 percent of operations in the healthcare area had embraced IoT or IoMT systems, according to Frost & Sullivan. This trend has given rise to improvements in everything from individual experience to profitability. Between 20 and 30 billion IoMT devices are expected to be set up by 2020. By 2021, the marketplace for IoT devices in healthcare is expected to reach $136 billion, Allied Market Research reported. With the advent of new delivery techniques, like the first smart pill accepted in 2017 from the FDA, professionals will have many interesting alternatives for providing care in a more effective way.
Supplying consistent and effective communication with numerous medical IoT apparatus is among the largest challenges that the industry faces. Producers still regularly utilize their own proprietary protocols for talking to apparatus, and this can present problems, particularly when seeking to collect considerable quantities of information by servers. Connectivity issues are also still prevalent since the collection of information by microcontrollers and smartphones can be disrupted by a variety of variables in the surrounding environment. Buffering methods on local microcontrollers should become more robust to be able to avoid losses. Potential security concerns must also be addressed, as indicated by a report by the Ponemon Institute’s Sixth Annual Benchmark Study on Privacy and Security of Healthcare Data that revealed that 89 percent of healthcare operations were the subjects of one data breach.
Cloud computing in healthcare
An assortment of public, private, and hybrid platforms is available for the sharing of large files. Healthcare organizations are attempting to deal with the need to build out, run, and maintain infrastructure for record-keeping needs.
Patients and healthcare providers equally have a tendency to have better access to documents through cloud-based alternatives, and they create the consultation process more convenient. These telemedicine applications, however, place a greater demand for synchronous and asynchronous messaging systems. The desire to incorporate video for live consultations also creates pressure to deploy WAN connections which are speedy, stable, and secure.
HIPAA compliance becomes a significant issue in this environment. Enterprises frequently refrain from fully embracing cloud computing due to the strictures of regulations regarding electronic Protected Health Information (ePHI). Conducting remote physician calls makes it hard to gather all ePHI data within structured formats that can be reasonably assured to be protected. Strategies for securing messages, sound, video, and mails all need to be set up to ensure complete compliance with HIPAA.