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Impact of Technology in Healthcare Industry

Technology is transforming the way we live. When it comes to our health, we use the latest technology to get the maximum benefit out of it in order to lead a healthy life. Of late, technology is our part and parcel of our life, we use wearable gadgets to monitor our stress level, heart rate, blood pressure, etc. Thus, we depend on technology and innovation to lead a stress-free life.


Three modern technologies such as mobility, cloud and big data have transformed the information & technology in healthcare. Many companies and startups have been focusing on the innovations to contribute in the healthcare industry and building health IT solutions. In 2016, which is considered as the biggest year of healthcare technology innovations, there were many innovations including medical devices, software and gadgets. 2017 could witness many innovations and health care solutions in the fields of technology infrastructure, payment models, care models and disease management applications. Healthcare industry advanced enabling communication across different channels and technologies such as smartphone, tablets, cloud computing, social media and data analytics.


Experts in the healthcare believe that by 2018, more than 70 percent of healthcare organizations would invest in consumer-facing mobile apps, wearable health gadgets, remote health monitoring tools and virtual care.  By 2020, health data will travel through the cloud, the mobility solutions to touch $83 million from $65 in 2015.


Mobility in Healthcare


Mobility has been gaining ground in the healthcare industry. Mobility solutions are creating endless opportunities for both patients and medical experts. These solutions are effective in emergency care, patient care and hospital management.


Benefits:

  • Easy tracking of patient information,
  • Improves response time, thus, ensuring quicker care,
  • Patient self-monitoring and wellness,
  • Access patient records from anywhere, at anytime,
  • 77% healthcare providers say Mobility worked,

Using the mobility, physicians can access to Electronic Medical Records (EMRs), monitor patients outside the hospital, communicate with patients and prescribe medicine.


Big Data in Healthcare


Big data revolution is underway in the healthcare industry. Besides reducing healthcare cost, it has many other benefits such as predicting epidemics and avoids preventable deaths, reducing healthcare wastage and improving the quality of efficiency of healthcare. The data growth generates opportunities to develop new drugs.


Cloud in Healthcare


Cloud-based computing is on the rise in the healthcare and it has the advantages like cost efficiency, access to information and security. Spending on cloud could touch to $9.5 billion by 2020. It will improve analysis and information tracking and enable on-demand access to computing and large storage facilities.


According to a report by MarketsandMarkets, the healthcare IT market in North America is expected to reach $104 billion by 2020 with a CAGR of 13.5 percent. The trends show that the adoption of healthcare IT solutions is growing rapidly by the healthcare providers. The advancement of the technology has made the easy to record healthcare data such as vital signs and reports. Healthcare IT solutions are in much demand as some technologies are gaining ground in the medicals.


New healthcare technologies and IT solutions have improved the medical practices and made healthcare even more effective and more reliable than before. Electronic health records and data are widely used to provide treatment as well as used for medical research in order to find out the more breakthroughs.


Doctors are connected with patients through various mediums such as website, mobile applications, social media and much more. The practice of telemedicine has been used widely to provide treatment to remote patients. Digital portal acts as an online resource which enables the care team to access the information to treat the patients by knowing the case history and mediation. The implementation of the modern technologies would bring many more changes in the healthcare making easy access to treatments and life much easier.