Articles

Healthcare Industry Growth Promoted by Technological Innovations

by IMARC Group Market Research Reports

Healthcare constitutes the improvement and maintenance of the health of an individual by preventing, diagnosing and curing a disease. Over the past few decades, the healthcare industry has witnessed a series of changes with evolving processes and policies. Changes in policies have ensured that the medicine-practitioners comply with a certain set of rules and regulations as well as use up-to-date equipment. Similarly, development in medical procedures works alongside the technological advancements leading to an accurate diagnosis of ailments followed by efficient treatment and care delivered to the patients. This has motivated investors and stakeholders to develop patient-centered, technology-enabled ‘smart’ healthcare which includes centrally located patient data, communication of efficient and effective information, reducing waste, etc.

In recent years, many medical technology trends have emerged, including telemedicine, robotics, blockchain, artificial medicine, IoT, wearables, etc., which are expected to induce the growth of the healthcare industry at a global level. Telemedicine reduces the gap between the patient and doctor by offering accessibility to patients to obtain the required health support with the help of virtual consultations with their doctors. Other than this, an increase in the involvement of artificial intelligence (AI) in healthcare has further resulted in cost reduction as well as in the development of precision medicine. AI is transforming different areas of healthcare ranging from diagnosing health conditions to improving hospital workflow and providing process automation. Similarly, there is a rising availability of latest robotic technologies that can be fitted in different wearable products like smartwatches, wearable EEG monitors, pain management devices, etc. Along with this, they are also being used for manufacturing and upgrading various equipment utilized for performing both invasive and non-invasive medical care procedures.

IMARC Group’s healthcare industry analysis provide deep insights related to the current and prospective trends reshaping the industry. We study the global market scenario with prevalent opportunities as well as potential success and risk factors. Our detailed healthcare market research reports have helped our clients in better understanding the market dynamics, enabling them to acquire better business intelligence and invest in more economical and productive operations.


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Created on Nov 20th 2018 00:26. Viewed 285 times.

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