13 Apr 6 Key Trends for Digital Transformation in Healthcare in 2021.
6 Key Trends for Digital Transformation in Healthcare in 2021.
‘Digital Care’ is the new normal for Healthcare industry and now every stakeholder of this industry is joining the digital revolution. Digital transformation with modern technologies in healthcare is defining the new age healthcare experience for patients and providing massive insights to doctors, healthcare service providers. But did you know, the healthcare and pharmaceutical industries have lagged behind when it comes to implementing digital strategies. In fact, in a recent survey, only seven percent of healthcare and pharmaceutical companies said they had gone digital, compared to 15 percent of companies in other industries. However, healthcare, medical devices industries has picked up digital transformation revolution in last two years and even Corona pandemic hasn’t slow it down, on the other hand it boosted the pace of it. It’s the fact that, the U.S. healthcare market is enormous. And studies predicted that US’s national health spending projected to reach $5.7 trillion by 2016. So, for those who haven’t joined this revolution yet but planning to transform their healthcare products and services, there’s still time for you to get well-versed in digital technology and use it to bring in more business. Telemedicine, Digitally smart medical devices, artificial intelligence (AI) & VR enabled healthcare equipment and blockchain powered electronic health records are just few examples of the digital transformation in healthcare and reshaping the providers – consumer interaction taking its experience to whole new level. Let’s look at the top trends in digital transformation in healthcare in 2021.
1. On-Demand Healthcare : Providing Care when & where patients need it
When you think of ‘on-demand,’ you think of consumers who want things at their own convenience, on their own time, and wherever they happen to be. Patients seek on-demand healthcare because of their busy schedules and Technology brings providers right into the living rooms of patients. Mobile is especially important when considering this digital care change. For example, wearable medical devices or sensors equipped with smartphones can continuously monitor a variety of health issues to help those with chronic health conditions. Conversational user interfaces and chatbots are beginning to interact with clinical data, empowering providers with information by which to make the next best decision. Innovative businesses are exploring new ways in which technology can improve care delivery. For instance, seamless scheduling, registration and access with physicians, medical equipment to assist with remote monitoring, clinical data based predictions and diagnosis are benefits of digitization to match consumer’s healthcare needs . In other words, doctors themselves become on-demand healthcare providers to better meet the changing needs of their patients, another benefit of digital transformation in the healthcare industry. .
2. The extraordinary growth of smart wearable medical devices
In the past, most patients were satisfied with undergoing a physical once a year, and only checking in with their doctors when something went wrong. But in the digital age, patients are focusing on prevention and maintenance, and demanding information about their health more. Lots of Medical device companies embarrassing this change to adopt new digital technologies and collecting their own health data through wearable medical devices. Even new innovating ideas are giving wide spectrum of possibilities with predictive and diagnostic care benefits to consumers. Wearable health monitoring devices are the great source for healthcare companies to collect flood of clinical data of their consumers which could be used in various ways for the their benefits and to dominate the healthcare transformation. According to a recent report, the wearable medical device market is expected to reach more than $27 million by 2023, a spectacular jump from almost $8 million in 2017. Some of the widely usable devices include: • Heart rate sensors • Exercise/weight control trackers • Sleep monitoring devices • Blood sugar level tracking devices • Oximeters – monitors the amount of oxygen carried in the blood Other benefits for healthcare companies who invest in these products: • Personalizes the healthcare experience – medical devices give patients a sense of ownership in the process of improving their health. • Keeps Patients Engaged • Monitors Vulnerable Patients • Monitors and tracks vitals on the go • Helps to gather key clinical data which helps providers for early predictions or diagnosis of variety of illnesses. “This technology and the data provided could allow for the timely diagnosis of patients.” .