Healthcare and technology are among the most crucial areas of human importance, and hence with each passing year, Healthcare is experiencing a huge shift driven by the need for better customer experience.
The digital transformation trends in healthcare segment in 2019 will invariably give rise to home healthcare adoption based on digital technologies. According to Forbes, up to 15 percent of global spend will be tied in some way with delivering value/outcome-based care concepts. Some of the most popular technologies of the decade will be tried and tested this year to further this cause. This includes Artificial Intelligence (AI), Augmented Reality (AR), and blockchain technology.
Predictions by Forbes revealed that the AI healthcare IT application market is expected to cross $1.7 billion by the end of 2019 by operationalizing AI platforms across the healthcare industry. AI and machine learning are anticipated to further evolve human and machine interaction, particularly in diagnostic, drug recovery, and risk analytics applications.
This year will see blockchain technology shift from its nascent stage of hype to an early commercial deployment. It is anticipated that 5 to 10 percent of healthcare enterprise blockchain applications will be promoted for commercial availability. Significant advancements will solve some key data protection and security issues, helping hospitals and insurance companies in keeping patient records safe.
AR and VR
Imagine a virtual caregiver enabled by AR and VR, which can monitor a person’s health allowing for faster trials and better medicines than ever before. These technologies can do all the things to —reduce costs, prevent identity theft, improve processes, etc.
Wearables and the IoT
As the trend of wearables continues to grow, the healthcare industry gets equipped to gather data in amazing ways for bringing solutions in preventative medicine. The data is already being used for research to advance different medical fields. And with the help of the IoT, it’s even being used to prevent larger epidemics all over the world.
It is projected that digital health tech solutions will grow by 30 percent to exceed $25 billion by the end of 2019. Hence, digital health solutions like remote patient management devices, telehealth platforms, and mHealth applications will grow significantly empowering patients in even the most remote locations of the world to access quality healthcare and receive life-saving diagnoses.
At e-Zest, we are partnered with many innovative start-ups in this space for facilitating easy and affordable telemedicine in remote areas allowing anyone to access the best healthcare at any time.
This year will invariably be an exciting one for the healthcare development domain. The need of the hour, however, is innovation both at the high and lower end of the healthcare spectrum where the access problem is solved for the rural and remote areas and pricing problem is solved for the urban and metro cities.
As we head into 2019 and consider the given speed of its advancement - just imagine how much more is possible.
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