The Digital Healthcare Landscape In 2020

Healthcare landscape is going to feel the rapid impact of the digitization in the year 2020. After banking, retail, and media, healthcare sector will be benefited mostly due to the adoption of digital technologies. The adoption of latest technologies like AI, blockchain in the healthcare will address major problems: labor shortage, rising cost and constricting margins.

The technology adoption has created an enormous opportunities in the healthcare domain. The technology adoption in healthcare is vital when it comes to digitizing the primary healthcare. Due to the technology adoption in healthcare, investors and businessmen are keen interest in this domain.

There is a steep rise in the healthcare technology innovations. Many companies including startups, enterprises and corporate come up with their healthcare products to make the process much easier and smoother with better results than traditional healthcare practice. As per the Digital Supply Law (DVG) passed by federal parliament in Germany, the doctors are able to prescribe apps to their patients. This is a positive indication that the technology adoption has been considering to provide better healthcare services.

Healthcare startups and health tech companies should focus on the healthcare innovation to keep up the momentum of revolutions in the healthcare industry. These companies should also focus on following developments as an outcome of digital adoption in healthcare in order to deliver more innovative solutions.

Adoption of Digital Health Platforms

The year 2020 will become more consumer-centric. The healthcare industry will equipped with AI-powered tools and virtual interactions between patients and care providers. Consumers will be aware about the digital healthcare platforms and start using accessing these for better healthcare solutions. The technology adoption and awareness will help the customs to get the better healthcare as per their expectation and standards of care.  The technology solutions like preventive healthcare solutions will help consumers to stay fit & healthy. The startups and healthcare tech companies could focus on this aspect to develop further solutions to meet the expectation of the customers.

Rise of Electronic health records (EHRs)

The legislation in Germany has also aims to promoting e-prescriptions by phasing out the use of papers. Of late, there are many apps and tools that allow patients to book their doctors online and get access to various medical facilities at home. Many hospitals across the world have been suing the EHRs for their patients. This has created a room for integration of apps and exchanging data from one to another source. These EHRs can contain appointment details, prescription, care records and insurance information. The healthcare tech companies need to focus on the integration part where they could use these EHRs for insights and predictions using the latest technologies like AI.

Consumer Personal Data

The healthcare domain will generate huge volume of data which will be useful for the companies to project insightful reports. On the other hand, the consumers will be aware of their personal data as well as medical data and this will help them to contribute and safeguard their health. This will be era of preventive healthcare solutions. The technology solutions which keep them fit and prevent from health ailments will be in great use and in high demand.  Another aspect will also get the prime attention is ‘data protection.’  Companies in the healthcare tech will focus on building preventive healthcare solutions and data protection.

Artificial Intelligence (AI) in healthcare

The implementation of leveraging technologies like AI will change the healthcare landscape in 2020. The AI-based applications are useful in understanding medical data and reaching the right conclusion without direct human input. These applications are applied in diagnosis processes, treatment protocol development, drug development, personalized medicine, and patient monitoring and care. There is a vast scope for the technology companies to deliver robust healthcare application using the AI. These technologies will become pivotal in contributing to digital health landscape.

Technology adoption is going to help the healthcare industry in many ways. The consumers will have to access many useful healthcare tools in the years to come. The technology companies will find innovative ways to implement latest technologies like AI in healthcare.

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