Showing posts with label Technology. Show all posts
Showing posts with label Technology. Show all posts

Monday, February 19, 2018

Healthcare Mobile applications: Trends to watch out for in 2018


Technology has come a far distance to impact different industries and make them own better reflexes to perform at higher capacity and greater accuracy. It has served different industry practices and resources to commit to better ways and traits of planning and execution. And Healthcare is one such industry that has been benefited immensely with this technology disruption. Not just you have faster and prompt reporting but also evolved diagnosis of health assisted by ultra-modern tech-led infrastructure and machines. Besides, it has not just helped the processes getting a hike of advanced resources but also aided to the training and development extensively.

Moving forward, medical units and health professionals are looking to get more of these and continuously looking to skim the most out of latest technologies. And 2018 seems to be a year that would witness big transformations in this field. Here are the most prominent of these trends and forecasts:

Cloud-based and mHealth services on forefront
As per expert estimations, in 2018 cloud-based medical services would grow in value to around 33.59 billion U.S. dollars. With this the already existing trend of using health apps is going to get bigger and would include advanced possibilities at its disposal. This would include enhanced approaches and practices for medical adherence, goal tracking, health education, detecting health hazards, conducting health checkup sessions, and doing medication analysis. By allowing medical professionals and doctors to conduct and perform these activities better by accessing health information and resources and executing such tasks anytime anywhere, cloud-based and mHealth services will set a new performance benchmark in the industry.

Telemedicine services will be in rise
The global medicine market is showing all signs of growing bigger here further. An estimated figure given by expert is over $40 billion by the year 2021. And this would be primarily involving growth in telemedicine services. Which will allow clinical healthcare services to grow greatly in terms of accessibility and facilitation. With the enhancement and growth in the space, users would be able to have comfortable reach to resources and services remotely, using interactive apps on their smartphones. This will lower the time barriers and remove bottlenecks and even slash down the cost of services by removing roadblocks in the process.

Internet of Things will be in the front row
We are already receiving great level of value surpluses in the form of IoT. 2018 will see an ever-advanced proposition of IoT-driven health apps. Moving forward, you will see this technology making it even more valuable in the way you access and consume health information. You will see even more sophisticated and competent gadgets to allow you better functional, analytical and operational benefits. This should include finer details and easier methods in reference to health analysis and information. Your gadgets would be able to let you know if your fitness routine is good enough to reach certain weight measure in a more illustrative and detailed manner. Newer IoT possibilities would also be making administrative and management tasks easier as wearing a band would allow you to scan and read patient records and manage task sheets in a more controlled and resourceful manner.

Higher references of Artificial Intelligence
Artificial Intelligence would be bringing you higher set of technological rewards in the year 2018. AI would be helping you to connect with and consume medical services without having to wait for your turn or standing in a queue for a long time. You would be able to interact with a more intelligent and context-aware systems to help you with information and resources that take highly personalized references while serving you. With the help of advanced healthcare application development, the systems would be connecting and referring to superior and more accurate Big Data solutions which would allow you to have better answers and solutions to your medical query. Google Deepmind, IBM Watson, and IBM Medical Sieve are some of the projects that would mark the new age of health services with AI.

Blockchain to make it better and smarter
After making it big with the fintech domain, Blockchain is going to make the impact in the healthcare industry. Blockchain will now be taking the charge of securing ever growing set of medical records and information from being misused, forged or lost by allowing it advanced encryption and protection that the technology is known to offer. This will help medical practitioners maintain and process medical data and refer to it without fearing any fraud or abuse. You would see the health-tech processes to be built on and referring to a highly powerful encryption framework – to help healthcare professionals to work in a highly safeguarded environment to maintain high level of privacy and safety from any form of mishap in and around creating, processing and maintaining healthcare data.

Conclusion
With all such technologies coming together to promote and facilitate smarter solutions through advanced healthcare app development, we can expect to see finest of innovation hitting the domain this year, which would allow users to get benefited from highly resourceful solutions and prompt results in their pursuit of new-age healthcare services.

https://www.konstantinfo.com/blog/healthcare-application-development-trends-and-forecasts-for-2018/

Sunday, May 11, 2014

mHealth in India - 3000 Crores INR opportunity by 2017: PwC

‘Touching Lives through Mobile Health: Assessment of the Global Market Opportunity’ report, conducted by PwC for the GSMA, mobile technology will play a significant role in the provision of healthcare services globally. It also predicts that the growth of the mHealth market will lead to a revenue opportunity worth Rs. 3000 crores (US $ 0.6 billion) for India and US$23 billion for the world by 2017. The report also examines the key challenges the healthcare industry is facing worldwide and the opportunity which mobile technology provides in overcoming these challenges.



India has witnessed significant activity in the mobile health space with the launch of several different services, however the majority of initiatives are focused on spreading prevention and awareness messages. According to the report, the Mobile Health market opportunity for India will constitute 8% of the total Asia-Pacific opportunity in 2017.

In India, rapid mHealth adoption is likely to occur before widespread eHealth. Today, only 3% of households have a computer with internet access, while 69% of Indian households have a mobile phone. Smartphone adoption has increased dramatically in recent years with shipments growing by 167% in 2013.Leading operators are beginning to offer 3G and 4G services at affordable price points. These factors are likely to both spur data usage and drive the adoption of mHealth services.

Traditionally, healthcare systems are viewed as the “iron triangle” of access, quality and cost. No one factor can change without affecting another. Improving access or quality requires increased investment, and lowering costs will either affect quality or access. In India, mHealth is one of the disruptive technologies that can sever the iron triangle by increasing access, improving quality and lowering costs for all of its market segments.


Commenting on the findings of the report Mohammad Chowdhury, Telecoms Industry Leader, PwC India said, “Our estimates suggest that in spite of the advancements in medical technologies and a general increase in income levels, healthcare continues to pose challenges of affordability, complexity and access across the whole world. By contrast, mobile access is almost ubiquitous. With the increasing penetration of smart phones,  innovative ‘connected devices’, and the proliferation of  Mobile Broadband networks and services worldwide,  the mobile device will play a far greater role in healthcare in both developed and developing countries in the future”.

To enable this opportunity, governments, regulators and healthcare providers need to work with mobile operators and organisations in the broader mHealth ecosystem, including device vendors and content and application players, to support the roll-out and adoption of new mHealth services.

PwC sees four scaling factors as being critical to seeing m-health make a significant impact on society, as follows:
  • Government: Only when governments worldwide embrace constructive policy agendas for mHealth will the market start to achieve its potential and scale rapidly. Governments should take steps to adopt the concept of mHealth as an effective way to improve access to and affordability of healthcare. This includes encouraging the use of mHealth services by public healthcare providers and incentivising private providers to deliver mHealth services.
  • Regulatory: Regulators need to proactively address the issues that currently limit the growth of mHealth services, certification, interoperability and standardisation.
  • Healthcare industry: Clear benefit studies from key players in the mHealth ecosystem, as well as government support, are vital to driving acceptance in the medical profession.
  • User adoption: Widespread user adoption will help drive the exponential growth and market opportunity for mHealth. This will be supported by recommendations from medical professionals, overall service affordability and widespread availability of content and devices.
“While the opportunity for mHealth services in India as well as globally is huge, for it to fall into place and become an effective tool of social inclusion the government and the entire healthcare ecosystem will have to work together even as they compete on other fronts so that the benefits percolate to the segment which most requires it. Favourable government policies and regulatory regimes will be crucial for scaling up mobile health,” stated Siddharth Vishwanath, executive director, PwC India.

Few highlights of the report are:
  • Europe to become the largest mHealth region by 2017 with revenues of US$6.9 billion. Asia Pacific would be the second-largest region with revenues of US$6.8 billion, North America could account for US$6.5 billion, Latin America US$1.6 billion and Africa US$1.2 billion.
  • In terms of individual countries, the United States could benefit from revenues of US$5.9 billion, accounting for a quarter of the global mHealth market by 2017, and revenues in China and Japan could reach US$2.5 billion and US$1.4 billion respectively.
  • Monitoring services, such as those for chronic disease management, will account for 65 per cent of the market (US$15 billion) by 2017.
  • Diagnosis services will be the second-largest segment, comprising 15 per cent of the global mHealth market (US$3.4 billion). This includes mobile telemedicine and health call centres that allow those in isolated areas to connect with healthcare professionals.
For details please check following link:
http://www.gsma.com/connectedliving/wp-content/uploads/2012/03/gsmapwctouchinglivesthroughmobilehealthreport.pdf