The digital healthcare industry is growing rapidly and the trend is going to continue for hassle-free patient care and recovery. Till now, the focus has been primarily on converting the analog processes into electronic form. These are inclusive of increased usage of mobile devices, adoption of Electronic Health Records, and cloud-based applications.

Exciting solutions to boost innovation in healthcare

  • 3D Printing 

“According to the report by SmartTech analysis, there are production opportunities for medical 3D printing, and the estimated value in 2027 is $1.5 billion.”

Advancement in 3D printing medical technology acts as a new frontier by making a giant leap in the healthcare sector such as: –

  1. On-demand cost-effective medical services – 3D printing technology has a great impact on fabricating vital parts of a respirator during the COVID-19 pandemic.
  1. Affordable prosthetics medical devices – 3D printing technology is facilitating the production of low costs prosthetics such as limbs and joints. This is to cater to those with disabilities & helping injured individuals.
  1. Dental Devices – As per the report by SmartTech analysis, it is predicted that 3D printing dentistry will grow up to $3.7 billion by 2021 & the technology will become the leading one by 2027 at a global level. 
  • Artificial Intelligence

This is poised to become a transformational force in the healthcare industry that drives impact on the following: –

  1. Brain-Computer Interface – Such capability of artificial intelligence helps in the regulation of hands movement and improves the health of the patients suffering from immobile injuries like strokes & spinal cord injuries.
  1. Radiology – AI is significantly contributing to radiology by revolutionizing the clinical workflow. This will help in stratifying the patients for their personalized therapy. 
  1. Drug Discovery – Artificial intelligence is on the path of assisting drug discovery & development. This is more about identifying the drug targets, searching for good molecules from data libraries, and suggesting chemical modifications. 
  1. Patient Safety – AI can monitor the patient’s room that will result in cost-saving. The recommendations are based upon the previous prescription record & the assumption that the patient has followed the earlier recommendations.
  • Wearable Technology Devices 

As per the recent survey done by Fortune Business Insights, the wearable medical devices market size is expected to reach around USD 139K million by 2023 at a worldwide level.

Image Source: Medgadget.com

As per the future growth of wearable devices, the technology might progress and will comprise of distinct gadgets such as: –

  1. Smart Contact Lens – These use the delicate state of the eye to calculate eye pressure & tear production for measuring the glaucoma symptoms and distinct non-eye related medical conditions.
  1. Smart Textiles – These are seen as a path to bring transformation in the healthcare industry by tracking chronic diseases of the patients. The need will continue in the foreseeable future making the requirement of wearable accessories obsolete.  
  1. Smart Rings – As per the Transparency Market Research survey, the smart rings are poised to hit USD 11.44 million by 2025. These wearable devices are flourishing because of the advancement of Internet technology. 
  1. Electronic Skin Patches – As per the survey done by Research & Markets, the electronic skin patches worldwide market is expected to rise above $10 billion by 2024. These thin & soft devices stick to the skin to transform healthcare. 

Take Away

Though many countries have achieved a promising digital adoption rate in the healthcare industry, still the efforts are needed for more success. So, planning to develop a healthcare mobile app? Mobile app development companies like FATbit Technologies executes the creation easily to embark upon the digital transformation journey. 

Original Source Link: https://vocal.media/01/the-road-to-digital-transformation-in-healthcare-industry

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