The advent of technology has been observed to gain significant momentum for several years now. The coronavirus pandemic was just an inflection point. The use of mobile health applications has been on the rise however their efficacy was little due to a range of systemic challenges in the world of healthcare. In 2022, the companies will lay down the foundation for their organizations. Those that are not fast enough will either perish or get acquired. Keep in mind that without using the digital technology in full, the applications of the technology will only be partial and there will not be true value creation. Here are the top trends to watch out for.
- Telemedicine and Telehealth: The pandemic saw an astronomical rise in telemedicine and this is one trend that is here to stay. This rise was around 100 times more than the earlier years and the U.S. healthcare spending touched the figure of $250 billion on virtual medicine. In 2019 the world telemedicine market constituted around $5.5 million and it was expected to rise to $175.5 million by 2026. The main advantages of using telemedicine are,
- Cost savings related to hospitals.
- Cost savings for the patients.
- Better results.
The best telehealth services are provided by using telemedicine apps. If you need medical writers there are scientific writing services available online such as Kolabtree.
- Internet of Medical Things or IoMT: As we saw the union of IoT with telehealth and telemedicine technologies, we also saw the emergence of IoMT. This technology was leveraged in a way that accounted for almost 30% of the massive IoT market. This market will rise to around $6.2 trillion by 2025. The IoMT apps and devices are playing a crucial role in preventing and tracking chronic illnesses. Some of the areas where IoMT continues to rise are,
- Speech assisting technology.
- Assisted living technology.
- Rehabilitation and disability assisting technology.
- Chronic disease monitoring technology.
- Machine learning and artificial intelligence: Many consider this to be hype while others as the technology of the business future. AI market share within the healthcare industry is expected to rise tenfold by 2025. This industry will rise to a whopping $13 billion by 2025. This is thanks to the burgeoning applications of ML and AI in healthcare. Here are some,
- Customized treatment and cancer diagnosis.
- Virtual assistants for nursing.
- Chatbot technology enabled by AI.
- AI-powered radiology assistance and diagnosis.
- A neural network of clinical trials.
- Reduction of drug development cycles.
- Privacy problems: Privacy will remain a crucial topic in 2022 especially in the healthcare sector, due to the need for HIPAA compliance. Although cloud computing makes data storage and retrieval pretty simple and efficient, the ePHI or Protected Health Information regulations are quite stringent and organizations are continuously struggling to be compliant. Security failures and data breaches are capable of damaging the reputation of any organization therefore, security measures are extremely important.
- Use of AR/VR/MR: The AR/VR headsets are helpful for patients suffering from cognitive impairments and dementia. These technologies are useful to the students in training due to the affordable cost. They are also useful to surgeons with unique opportunities to get prepared for unpredictable surgeries. It also helps in VR pain management.
- Using Blockchain: Security, portability, accessibility, and integrity of data have become essential in the world where virtual businesses are flooding the market with data. Data security is a sensitive sector and the need for safe sharing of data is of paramount importance. Blockchain technology is ideal for this purpose.
- Predictive analytics and big data: Due to the advances in computing capabilities, analytical technologies, and advanced databases, you can see big data in the healthcare industry. A great deal of data is created from imaging data to medical diagnosis and fitness stats. The big data analytics tool provides the requisite power for processing this data.
A rise in the use of digital technologies in the healthcare sector was provided further impetus by the pandemic. The crisis also exposed many problems in the healthcare sector and the need for technology has become a dire one. Although these trends have just begun to gather momentum, we are likely to see more advancements. Many of them will become an integral part of the healthcare industry.