Industry trends in Healthcare 2023

Because of technological improvements, the healthcare industry, like most others, is growing at a breakneck pace. Emerging trends in healthcare, such as IoT, AI, and blockchain, have provided new opportunities for the healthcare industry. New technologies have made the lives of healthcare workers and patients easier, with a variety of benefits that these technological advancements can bring to medical services.

Cloud and Big data

Cloud-based mobile health is becoming increasingly popular in the mobile healthcare market. For health services and data gathering, cloud-based mobile healthcare employs the cloud, mobile devices such as smartphones, tablet computers, personal digital assistants (PDAs), and wearable devices such as smartwatches. When compared to traditional servers, cloud-based systems provide more flexibility and lower costs. Doctors can access patient information via the cloud from any location. Amazon, Microsoft, and Google, among other cloud computing giants, are also active in the mHealth field.

While big data analytics is now widely used in the electronic health record (EHR) domain, there are a number of other healthcare domains that will profit greatly from it in 2022 and beyond. Big data can aid with improved service quality, proactive rather than reactive care, more individualized treatment and medicine, and increased security.

AI

Our perceptions of modern-day healthcare delivery are shifting as a result of artificial intelligence. Because of its potential to transform the business, technology has been added to the list of key technology trends in the healthcare industry for 2022. It refers to a combination of technologies that allow machines to understand, detect, learn, and act like people to the point that they can undertake a variety of clinical and administrative healthcare tasks.

From USD 4.9 billion in 2020, the worldwide AI in the healthcare industry market is estimated to rise to USD 45.2 billion by 2026.

IoT

The IoT healthcare market is expected to grow at a CAGR of 16.7%, from USD 300.3 billion in 2021 to USD 650.5 billion in 2026. The Internet of Things (IoT) can provide continuous patient data that can be examined to improve care quality. Compatibility with IoT-enabled devices like Google Home or Amazon’s Alexa could become a requirement for Android and iOS healthcare app development. They can assist patients in deciding when to take their prescription or with medical study compliance.

Voice

Voice technology is used in a variety of healthcare settings. Voice technology-based gadgets like Alexa and Google Homes have found a home in a lot of hospitals and clinics, from assisting end-users in finding the correct doctor in their area to assisting doctors in surgery by providing them with a step-by-step checklist of the entire procedure. On the one hand, speech technology is transforming how patients and doctors respond to medicine, while on the other hand, voice-based search is changing how doctors and hospitals sell their services around the world.

Chatbot

Chatbots have gone a long way since e-commerce and website domains were once dominated by them. There are a variety of chatbot use cases in the healthcare industry that promise a more intuitive, quick, and personalized transformation of the industry. While the healthcare chatbot market is expected to grow at a 20% CAGR by 2030, the influence on mHealth apps will be observed as early as next year.

Both healthcare facilities and patients have benefited from these technological advancements. They make it simple for doctors to learn about their patients’ symptoms and provide a digital description (if required). These technologies also allow for more accurate and speedier diagnosis, resulting in better overall patient care.