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The Flux Of Technology Change In Medicine

CIOInsider Team | Wednesday, 8 January, 2020
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CIOInsider Team

Today the healthcare industry is not what it was a few years back. Now, the industry is about to witness significant changes due to technology and a large number of innovative digital solutions that are introduced every day in this sector. And that’s why the digital health market is expected to reach USD 206 billion by 2020. Earlier, the world of medicine was facing several problems but after the introduction of technological solutions in the healthcare sector, it improved efficiently. Leading healthcare companies are already redefining themselves with digital transformation by applying technology to their main functional areas with the customer-centric approach.

Moreover, because of evolution in the healthcare sector, there is better & more accessible treatment for a wide variety of diseases improved & more efficient care for the sick and disease control. According to the report of MarketsandMarkets, the healthcare IT market is projected to reach USD 390.7 billion by 2024 from USD 187.6 billion in 2019, at a CAGR of 15.8 percent during the forecast period. While enterprises tend to rely on proven systems, they are continuously looking for innovative ways to boost up performance and productivity by means of technology. To follow this,

let’s see some of the various specific ways that technology has changed the world of medicine.

Telemedicine - Advancement in telemedicine is one of the biggest sources of rapid change in the healthcare system. According to the Survey of Physician Appointment Wait Times and Medicare and Medicaid Acceptance Rates, in urban areas, underserved communities face problems arising from wait times which have increased from 18.5 to 24 days from 2014. Also, telemedicine is improving diagnosing and treatment by making it easier for patients to get access to specialists which means the availability of electronic records has made it simpler to forward documents to specialists. Even the current video chat platforms can dominate the sector to serve immense purposes; telemedicine services can do a lot more.

Big Data – Be it a medical sector or IT sector, data is everything. From the old records, we can get a huge amount of data that can offer significant insights into the healthcare industry as a whole. For example, if a doctor knows all the medical history of a patient, he can make more accurate diagnoses and propose better treatments.

Improved Care and Efficiency – As technology enters the healthcare sector, it makes it feasible for doctors and nurses to use technical devices to record patients’ real-time data. This data can provide instant updates on patients’ medical history. Because of this, the data gives more accurate and efficient diagnoses and treatments that can improve the quality of the healthcare sector.

Mobile apps – Today, in this tech-savvy world, everything is connected to mobile. As innovation enters the healthcare sector, we can find various innovative apps to monitor our personal health which can keep count on our calories, track sleep patterns, monitor heartbeat, book appointments and even remotely consult a physician on the video call. There are also social media apps for doctors to interact, and apps that link patients directly to physicians so that they don’t have to wait in a clinic for hours.

The demand for healthcare IT solutions and services are increasing day by day. Patients are offered better and more accessible treatments due to technological innovations in the healthcare sector. These same developments in medicines have made it possible to explore and research other even better avenues of treatment so that the healthcare industry can make strides towards even better effectiveness every day.

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