Top 5 HealthIT Catalysts: Healthcare Industry Trends to Watch in 2019

Jul 24, 2019 5:19:44 PM

Healthcare Industry Trends to Watch in 2019

The digital health market is expected to reach 206 billion U.S. dollars by 2020, driven particularly by the mobile and wireless health market. | Statista

The digital care platforms are taking over the healthcare sector and the investments in it manifest its growth rate. Moreover, consumers are embracing digital health systems, giving better opportunities to providers for care delivery.

Based on the requirements that we receive from our customers and what’s adopted by the industry, we have compiled a list of 5 healthIT catalysts here. 

1. Healthcare Consumerization

With increasing expectations for personalized and convenient services, patients have become a driving force behind the new shift in healthcare. Thus, healthcare organizations are adopting technologies and models that originate and develop in the consumer space. This impact, called consumerization is taking care delivery to the next level. 

One of the best examples of healthcare consumerism is mHealth apps and wearables. Since patients feel comfortable with digital devices accompanying them in taking care of their health and wellness, it is one of the most suitable ways of delivering care. For example, 

  • Wearables help patients with chronic diseases to manage their health
  • Healthcare apps are used for clinical process management and communication
  • mHealth apps allow patients to virtually connect to doctors for consultation 

Considering the endless benefits that mobile apps can offer, healthcare organizations and startups are coming up with innovative ideas to disrupt the way care is offered. 

ALSO READ: Mobile Devices and Consumerism: Driving the Future of Digital Care System

2. Cloud Adoption 

The Global Healthcare Cloud Computing Market is estimated to grow at CAGR above 14 % over the forecast time frame 2019-2026 and reach the market value of around USD 40 billion by 2026. | Acumen Research and Consulting

Cloud platforms have diverse benefits to offer to the healthcare industry. Example, cloud platforms provide standard infrastructure for building compliant apps. Cloud service provider AWS enables covered entities and their business associates subject to the U.S. HIPAA to use the secure AWS environment to process, maintain, and store protected health information.

Opting for cloud is a smart solution to bring down the cost, ensure high availability of data, provide an environment for scaling, reduce the cost of data management, etc. 

3. Emergency Care Solutions 

Emergency care or Ambulatory care is the preliminary course of treatment provided to a patient until between the door to time. Such solutions ensure that basic care reaches the patient before they are treated at the hospital. 

The concept of ambulatory care has emergency care monitoring as a consequence. Such solutions update health delivery organizations about the patient, their whereabouts, preliminary medication given so that the best treatment is given on time. 

CASE STUDY: Building a HIPPA compliant app for real-time tracking of stroke patients in an ambulance during the door-to-needle time. Read More

4. Embracing High-End Technology

The healthcare industry is quite quick at adopting technology for betterment of the care industry. Over a few years, technologies such as Artificial Intelligence, Blockchain, and IoT have been ruling the healthcare market and following stats are a proof: 

  • AI revenue for healthcare applications worldwide is projected to reach 6.16 billion in 2022.
  • It is projected that 55% of healthcare applications will have adopted Blockchain for commercial deployment by 2025.
  • Healthcare-related IoT revenues are projected to have a value worth 135 billion, worldwide. 

5. Virtual Care Systems

While the virtual care system has been debatable, providers are still investing in innovative ways to connect patients with doctors. There is a consistent growth in solutions that allow patients to connect with the care providers and improve the way value-based care is delivered. 

Since healthcare software development is one of the core services by Daffodil, we continue to discover the latest industry trends through the kind of requirements that we receive from our customers. Our studies suggest that consumerization and hospital management solutions will stay in 2019 and beyond. 

If a disruptive care delivery model is on your mind, then you can talk about its feasibility, development, cost, time-to-market with our healthIT experts by scheduling a 30-minute free consultation session.  

Topics: Healthcare

Archna Oberoi

Written by Archna Oberoi

Content strategist by profession and blogger by passion, Archna is avid about updating herself with the freshest dose of technology and sharing them with the readers. Stay tuned here as she brings some trending stories from the tech-territory of mobile and web.