2019 has so much to offer in the healthcare sector, with advanced tech and artificial intelligence changing how healthcare services impact patients’ lives. Modern Technology has led to the rise of mHealth apps and wearables, creating the Internet of Medical Things (IoMT). With these new advancements, the slow-paced medical industry has witnessed robust digital health innovations. Let’s take a look at key healthcare technology predictions for 2019.
1) Rise of Artificial Technology in Healthcare
AI is rising to prominence in the healthcare industry for quite some time now. AI, together with machine learning algorithms, can help patients reduce complexities pertaining to pre and post treatment situations. With new and upcoming applications in AI and wearable health-tech, it is now possible for doctors to monitor their patients’ vitals after being discharged from the hospital, thereby reducing emergency room visits significantly. This, coupled with the fact that such AI-powered software can raise alarms well before patients reach critical conditions, makes advancements in health-tech all the more lucrative and exciting. Playpal, a revolutionary digital health platform, uses AI to consolidate health data of a user collected from various health apps to present a bigger picture of the user’s health. In addition to this, Playpal offers tailored health recommendations to help users bring their health goals to reality.
In addition to the above solutions that AI brings to the healthcare industry, its utility grows in cases of incorrect self-diagnosis and self-medication. Thanks to Artificial Intelligence, it has become much easier to get low-error diagnosis before patients even going to a doctor. In parallel, e-clinics, and Electronic Health Records have really helped in consolidating fragmented health data, enabling both patients and doctors to get started with treatments without losing significant time.
2) Sharp Increase in Wearables Market
The wearable market has just taken a jump-start and is expected to grow and double in numbers really soon. With remote patient monitoring and shifted focus on preventive health care, the data collected via wearables is very critical in providing users with a real-time view of their health and in encouraging them to become more proactive. However, this trend is still in its early stages and is being tested in the North American and European markets.
3) Patient Privacy and Security — A Major Concern
Due to the digitization of health and availability of large volume of E-Patient Records, patients’ privacy and data security has become a pressing issue. In recent years, the healthcare sector has made strides in creating checks and protocols that address the potential threat of data breaches, and the standards created are quite robust. Nevertheless, as health-tech innovations become more rampant, healthcare providers have to continuously upgrade their security against cyber-attacks and misuse of health data. It is expected that as the healthcare sector becomes more comfortable in managing health data, it will shift from large cloud data storage to more specialized and smaller cloud storages.
4) Healthcare Embracing New Innovators
For many years, the healthcare sector was very unwelcoming to new innovators who bought new trends to the sector. With the recent tech-boom in the healthcare industry, it is evident that players in the sector are much more receptive to the digital health revolution. In fact, now, the industry is encouraging startups to bring forth technological innovation to the sector. From biotech companies to AI and digital health startups, more collaboration is expected this year, creating a healthy competition between enterprises and digital health startups.
5) Increasing Focus on Tech Innovations for Mental Health
Previously, there used to be a disproportionate focus on the medical innovations that treated aspects of one’s physical health. As of late, this has changed, with the focus shifting to the monitoring and treatment of mental health issues. Such advancements are bridging the gaps for patients who cannot afford, or have limited access to mental health treatments.
With tech being the major trend changer in healthcare sector, we can expect great developments in the coming years, where cutting costs and providing affordable health solutions will be a major focus for innovators. As health providers adopt more consumer facing approach, consumers (i.e.patients) will continue to be in the driver’s seat.