There are some watershed moments in the history of various industries. Healthcare industry has seen many technological advances and in this article we will be talking about five different ways by which the health industry could be reshaping itself.
The industry will be doing so making use of IoT and AI technologies. There are some things that are happening across the board and if you look at service providers like ServiceNow partner you will be able to get a better idea of the same.
However, we are listing down five different areas where the impact of AI and IoT could be profound over the next few years and decades.
1. AI & IoT in Hospitals
There are many reasons to believe that AI along with IoT will soon become an important aspect of patient care in many hospitals, nursing and medical centers.
There are some reports and research based studies to prove that the market for AI and IoT in the healthcare segments and the various applications attached to it will see a CAGR of around 42%. It is expected to cross a whopping figure of $6 billion by the end of 2021.
This is just in our country and the figures around the world will be significantly higher. This is because AI in combination with IoT could play a positive role in improving the overall outcomes of patients. It may also cut down cost of medical treatments and patient care, apart from saving time and money for hospitals. It also will be able to create easier workflows for medical staff.
2. New Generation Of Bots
The impact of IoT in the healthcare industry will perhaps give a new shape, direction and definition to the entire healthcare industry. It will change he medical technology landscape. It will certainly change the way in which monitoring and analysis of patients are done in hospitals.
It may also totally reshape the entire medical technology landscape. It will bring about major changes in the way patients are monitored and analyzed in nursing homes and hospitals. Patients will be able to view their own bodies and this is something that has never been done before.
3. The Impact Of Wearable Technology
Wearable technology is going to be the next big change as far as healthcare industry is concerned. It will be a great way forward for health conscious peoples and it is always happening in the fitness industry.
It will help patients to keep a regular tab on their vitals so that any problem can be identified early in the day and adequate precautionary and preventive steps can be taken. There will be billions of devices that will be connected to objects that have so long been considered as dumb.
This will happen with increased usage of IoT and AI. This will go a long way in transforming smart machines. It will including devices for monitoring blood pressure, heart rate monitoring and sugar level monitoring among other things.
4. Better Disease Management
Those who follow AI and IoT are quite confident that both these technologies will help a lot when it comes to more efficient and effective disease management. It will change the way in which home based management of diseases and medical conditions are now being perceived and understood.
The patients who are in far flung areas will benefit the most because of scientific and intelligent use of artificial intelligence and Internet of Things. For example, doctors and healthcare providers will be able to interact with the patients online and have a look at their vitals and also the parameters that relate to certain diseases. Hence, the days of treating patients situated thousands of miles are very much here.
5. Nanomedicine
Nanomedicine is simply not possible today because the measurements are so minute that the human hands and other methods of approach may not help. In such situations, the healthcare industry will have to turn towards nanomedicine where the measurements of medicines are done using computers and aggressive use of artificial intelligence.
Nanomedicine is considered to be extremely useful for treating various diseases during the initial stages. It will help in better delivery systems, and also help in precise targeting.
The Final Word
There is no doubt that healthcare industry is going through a lot of changes as far as the use of new technologies is concerned. The emergence of AI and IoT could be defining moments and it could be a win-win situation for patients, hospitals, nursing homes and healthcare providers. Even nurses, paramedical staff and other stakeholders will stand to benefit from this.
