The Next Big Wave in Healthcare Industry for 2020

1. The Next Big Wave in Healthcare Industry for 2020 The Healthcare industry is the most sensitive one as compared to other industries in terms of data as it generates 2,500 petabytes of data every day. These data come from various sources such as patient information, diagnostic tests, prescriptions, and insurance claims. You will be shocked after knowing that approx. 90% of this data has been created in the last two years only. To deal with these data and emerging needs of patients, the healthcare industry is turnabout towards digitization and preparing for pacing with rapid advancements in medical technology and overall quality of care. Now the way through which care facilities have been delivered to the patients have changed with the overwhelming use of mhealth mobile app development solutions that have doubled in recent years. According to the survey done by healthcare professionals, the healthcare industry will overcome all clogs by 2025. The same study revealed that health monitoring devices, wearables, and video collaboration solutions, will play a crucial role in creating a bright healthcare future. In the upcoming years, primary care will be accessible to all citizens, regardless of distance with the help of broadband, smartphones, and applications. Now, wearable app development services and mhealth mobile app development services have made it possible to track real-time patients’ health condition. With access to this comprehensive information about the patient, physicians can offer personalized treatment and care rather than a general diagnosis.

2. Technology is involving in the healthcare sector at a fast pace, which is changing the whole scenario of the healthcare industry. From visiting the doctors’ clinic to video consultations, being prescribed mHealth app and using a smartphone for a routine checkup, healthcare is truly changing. Let’s discuss the new trends of the Healthcare Industry for 2020 The Next Big Trends in the Healthcare Industry for 2020 Though the healthcare sector is filled with immense technologies, but here we have only covered five best technologies that have overcome healthcare barriers. 1. Artificial Intelligence Artificial Intelligence is not new to the world, but its new blessings will still be untouched by the industries. Now with more secure and AI-infused “wearables” healthcare professionals keep oversees their patients from anywhere at any time. “Studies show that 88% of consumers are willing to share data derived from AI-infused “wearables” with healthcare professionals”. Customized Artificial Intelligence solutions could be an effective tool for physicians to intensify patient care and could also provide governess help by reminding patients to take medicine and leading patients through medication.

3. 2. Big Data Based on market research, “the global big data in the healthcare market is expected to reach $34.27 billion by 2022 at a CAGR of 22.07%”. Big Data analytics solutions are changing the way hospitals track information related to patients. Apart from wearables that can detect the patient’s heart rate, distance walked, sleep, exercise, calories, etc. there are new medical Big Data applications are available in the market that can monitor the patient’s blood pressure, pulse Oximeters, glucose monitors, and more. Monitoring devices allows healthcare organizations to treat people remotely as they can identify health issues before the situation goes worse. Big Data solution helps the hospital to arrange patient’s data in such a way so it can be accessed to understand the pattern of many patients. It can identify their chronic issues and help in giving patients better care remotely to minimize their frequent visits. 3. Internet of Things Market research done by P&S Market revealed that healthcare IoT development services will record a CAGR of 37.6% between 2015 and 2020. It also surmises that this increasing need will be derived by wireless health monitoring systems, which can detect chronic diseases like heart attacks, stroke, cancer, diabetes, epilepsy and seizures, obesity, and oral health problems. With custom IoT application development, hospitals are creating a personalized atmosphere for monitoring health conditions through wearables. Some popular smart devices like Fitbit, Apple smartwatches are capable of diagnosing patients early stage for holistic health analysis and wristbands to track eating habits to suggest customised nutrition choices. 4. Blockchain According to Hyperledger’s survey,“42.9% of healthcare organizations suppose that the interoperability of electronic health records will help for faster blockchain implementation”. Blockchain technology, the most disruptive technologies in the world is spreading its wings and now become an unavoidable part of every industry. Just like other industries, Healthcare industry is also adopting the Blockchain to innovate the way they function. Though there are some furtherances still needed to adopt Blockchain ledger technology smoothly across the whole medical industry but it truly provides a more shielded way to protect data. 5. Digital Twin A full 92% of healthcare consumers surveyed said that improving customer experience should be a top strategy this year. As the advance in medical technology has been rapidly increasing, the potential of healthcare services has also increased and holds the promise to meet the emerging demands of patients.

4. With the arrival of digital twin technology, the healthcare industry is addressing the new challenges and offering a comprehensive approach to differentiate each unique patient within the system to start the right care processes to treat the health conditions of patients. A digital twin will also improve both care delivery and the patient experience through effective and efficient patient-centric care. Summing up There’s no doubt that the healthcare industry has a promising future as several smart devices have added to this field for remote monitoring. It is just a beginning, healthcare revolution is still in its early stages and you will see a lot more changes in the upcoming years. We should expect to see mhealth mobile app development solutions becoming the norm in a healthcare setting.