There is no doubt that technology is the driver of growth and success for modern businesses.  From manufacturing to hospitality, to retail and to finance, technology is being adopted by several companies across all industries.

However, when it comes to implementing advanced technological innovation, the healthcare sector lags behind in several aspects. A big challenge faced by most companies foraying into the sector is complying with complex legislations such HIPPA, thus unnerving them from adopting digital technology, which ends up them working with the current fragmented system. Another aspect for slow digital development is governing regulation and lack of financial incentives. By the time the healthcare professionals pull up innovations, a newer better innovation would be knocking at the door. This leads to avoidance of changes to digitalisation.

Innovations in the healthcare sector

However, in the past few years, we have witnessed the emergence of new-age health tech startups that are reimagining the healthcare industry. Today, an ever-increasing number of healthcare organizations are increasing their investments in technology, by pairing it with a robust strategy. Healthcare innovations encompass all the devices, medicines, vaccines, procedures and systems designed to streamline healthcare operations, effective supply chain management and accessibility of medicines. Artificial intelligence (AI), blockchain, voice search, chatbots and virtual reality (VR) are among the most promising health technologies in 2022.

Let’s take a look at the most important technologies that have the potential to transform the healthcare industry-

• Potential of AI in healthcare- Artificial intelligence has made its way across multiple industries, most importantly in the healthcare sector. In the healthcare industry, AI is extremely helpful for improving efficiency with information processing and decision-making processes. The essential element that strengthens artificial intelligence’s success in healthcare is data.
• Remote patient monitoring- Remote patient monitoring (RPM) is a type of digital health platform that enables innovation to monitor patient health outside of a traditional clinical setting. RPM is a specific technology which is used to transmit information remotely between patients and healthcare professionals, and it is just one delivery system within the broader healthcare industry.
• IoT transforming healthcare- In healthcare, the IOT technology provides unprecedented opportunities to transform delivery and meet the challenges of cost, quality and accessibility. The adoption of technologies in healthcare companies increases the accuracy and the size of medical data.
• Technology adoption in data-security – big data in healthcare is expected to reach $34.7 billion by 2022 at a CAGR of 22.07%. As a result, many new-age health tech startups are facing a distinct set of challenges to store big data. Therefore, it is essential that the highest level of security and digital protection should be used for data protection. Moreover, the advanced techniques and technologies are revolutionizing healthcare with the use of data and personalised member outreach and engagement.

As we move forward beyond the pandemic years and enter the new world, legacy software and infrastructure remain critical for the success of the healthcare and pharmaceutical ecosystem, however, an important aspect that needs immediate consideration is how these systems can integrate with newer technologies. A key focus that all technologies should consider is on improving performance, productivity, efficiency, and security without sacrificing reliability or accessibility – the key pillars of any healthcare system.

We believe that the time to revamp the healthcare ecosystem is today. With the world seeing one global pandemic that disrupted countries across widely, it is important to address the challenges so such catastrophes can be avoided. In the future, the companies that implement technology into every process from care to cure will be successfully and efficiently able to deliver improved healthcare services, ensuring the well-being of consumers.

Source: https://timesofindia.indiatimes.com/blogs/voices/tech-innovations-that-indian-healthcare-ecosystem-should-immediately-look-at/