Digitalisation is revolutionising healthcare
Dr Timothy Low explains how high-tech could revolutionise provision of care
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The name of the game in healthcare is innovation . The goal is to streamline healthcare professionals ’ work , optimise systems , improve patient outcomes , reduce human error , and lower costs through the internet of things and mobile applications .
Some examples of this digital transformation include telemedicine , blockchain electronic health records , and artificial intelligence ( AI ) -associated medical devices .
We are familiar with healthcare ’ s lag in the adoption and implementation of digital strategies . In
25 trends to watch in Technology & Innovation
Digital twin
Smart dust
Cryptocurrencies
Data monetisation
Smart homes Quantum computing
Edge computing
Facial recognition
Voice recognition Dark web
Artificial intelligence Digital payments & FinTech
EdTech
Geospatial technology
Blockchain
Virtual assistants Service & delivery robots
Virtual reality
Digital ethics & privacy
Cybersecurity
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IoT
5G
eSports
Augmented reality
Wearable technology
fact , in a recent survey in 2019 , only seven percent of healthcare and pharmaceutical companies said they had gone digital , compared to 15 percent of companies in other industries .
Despite that , just consider the U . S . healthcare market where national health spending is projected to reach US $ 5.7 trillion by 2026 . There ’ s still time for you to get well-versed in digital technology and use it to bring in more business .
In order to transform your standard practice into a thriving digital machine in 2020 , you first need a comprehensive picture of the modern healthcare landscape .
From a recent Barclay ’ s research report , let me share with you 25 trends in the area of ‘ Technology & Innovation ’ in 2020 . Defined as disruptive and emerging technologies that fulfil unaddressed needs and solutioning for global challenges , these include the underlying technologies themselves as well as adjacent products and services .
COVID-19 has already accelerated a variety of trends in this space , such as Digital Payments and FinTech and will likely accelerate others , ranging from 5G to Augmented Reality .
As for ‘ Health & Modern Science ’, there are 22 trends that will shape the future where our healthcare is monitored and provided continuously and seamlessly anywhere we are in the world .
With the pandemic at hand , many trends are likely to experience sustained acceleration , which is changing how ( e . g ., robotic surgery ) and where ( e . g ., remote asdf patient monitoring ) healthcare services are delivered .
SOURCE : BARCLAYS RESEARCH
66 NOVEMBER 2020 GlobalHealthAsiaPacific . com