Healthcare is an industry that is currently being transformed using the latest technology, so it can meet the challenges it is facing in the 21st century. Technology can help healthcare organizations meet growing demand and efficiently operate to deliver better patient care. Here are 9 technology trends that will transform medicine and healthcare in 2020. As the world population continues to grow, and age, artificial intelligence, and machine learning offer new and better ways to identify disease, diagnose conditions, crowdsource and develop treatment plans, monitor health epidemics, create efficiencies in medical research and clinical trials, and make operations more efficient to handle the increased demands on the healthcare system. By 2020, medical data will double every 73 days.
Among all the significant transformations happening across various industries, healthcare is one such industry that is being revolutionized with the latest technologies to meet challenging demands of the time. The fundamentals of the industry are changing for better. AI along with several other technologies can help healthcare organizations efficiently operate to deliver better patient care. As the time advances, the technology introduces new trends and potential that possess capabilities to transform the industry further. Here are the top 10 technology trends that will transform Healthcare in 2020.
Healthcare industry trends that we witness today are new technologies and solutions that address the requirements for clinical diagnosis, treatment, and disease management. The global COVID-19 pandemic led to an upsurge in technologies for disinfecting, limiting transmission, detecting disease spread, as well as for treatment, patient management, and immunization. The advancements in the healthcare industry range from e-consultations, telemedicine, real-time diagnosis to accessing digital therapeutics provided by immersion technology tools. Genetic analysis, clinical data storage, and big data & analytics enable the development of precision medicine. The adoption of artificial intelligence (AI), the internet of things (IoT), and data management practices is making hospitals smarter. These solutions enhance workflows and staff scheduling and provide connected infrastructure, devices, and systems to accelerate accurate and equitable clinical services. For this in-depth research on the Top Healthcare Industry Trends & Startups, we analyzed a sample of 3.622 global startups and scaleups.
In the past few years, the healthcare industry has undergone an ample amount of changes. These changes are more in the ways how the healthcare industry stores data. Moving backward in our distant past, remind us of the old paper-based method to keep health records. It doesn't exist anymore in our present. Instead, we have new data-keeping methods, i.e., online digital records where storing & sharing information is easy.
Technology is ever-changing, and with every new decade it accelerates at a pace that is often difficult for us humans to keep up with. We now live in a world in which we rely heavily on technology on a daily basis, regardless of which field we belong to. However, few industries have been changed by technology as much, or as positively, as healthcare. Although the healthcare industry has often lagged behind others when it comes to deploying advanced technology, new discoveries and improvements are always being made. The technology that we know today has opened countless doors and opportunities to improve our lives, and it's almost impossible to imagine life without it now.