Software Engineering Insights

Healthcare is one of the world’s largest industries. Collectively, the size of the healthcare market is estimated to be between five trillion to six trillion dollars. As one of the examples for how large the healthcare industry is at global level, consider this: All spending on products and services concerning the heart (pharmaceuticals such as beta-blockers, cardiovascular surgery procedures etc) is greater than the entire automotive industry. Therefore, there is nothing to be surprised with the fact that both entrepreneurs and investors have traditionally looked at healthcare as a lucrative industry to invest in.

In the dawn of a technological era, mobile apps for medical and health care is no out-of-the-blue concept. From physicians to patients to clinics, these apps are embraced for diagnosis, monitoring, treatment, and delivery of care. Considering the upsurge of smartphones and consumer interest in improving their health, there is a consequential opportunity to present mHealth solutions in more innovative ways. While development has got huge dependency upon the technologies available, half the job is done when framing the medical app development idea.

Let’s imagine that one fine day you wake up as Captain America. An interesting proposition, isn’t it? In all probability, you would be excited to protect the world from the baddies. But what happens if you discover that you don’t have Captain America’s cool shield that acts as his primary offensive and defensive weapon? Chances are that you would feel all at sea even while being a superhero. This just goes on to prove that having the nametag of a superhero and the intention to do good is not enough, you also need the right equipment to attain your objective.

The adoption of mobile technology has grown exponentially in every aspect of our life. Just to put this in perspective, the number of mobile phones sold globally every day is much more than the number of babies born in a day. If a recent Millward Brown study is to be believed, people spend an average of 147 minutes a day on their smartphone and 91% of adults have their mobile device within their arm's reach 24*7.

In the past few years there has been an explosion in mobile apps for healthcare. Over the next four years the market is expected to reach over $220 billion mostly in mobile health. There are a number of reasons why this is happening.

“Viva La Revolucion” the application of this phrase is too readily seen with Che’s uprising Revolution in Cuba. However, recently we have seen certain technology led industry changes that are causing revolutions around the globe, especially on mobile technology. And the industry that has been most pleasantly struck by this technological Viva La Revolucion is the Healthcare industry.

The global healthcare market has opened its arms for its payers, providers, consumers and investors with a worth of $9.59 Trillion. With the new entrants in the digital era, there is huge disruption seen within the traditional system of healthcare industry (as we referred in our recent blog). The new entrants have introduced pathways for virtual health which is more affordable and convenient for fitness and wellness. These new entrants use technologies that are taking full advantage of innovations seen in this outdated sector.

Digital healthcare trends are among the key phenomenon driving the next cycle of transformation in the healthcare industry. Beyond its impact in shaping delivery and payment model innovation in healthcare, it has been the primary catalyst for accelerated innovation cycles in both consumer and enterprise focused health management tools.

The healthcare industry is witnessing unprecedented churn and transformation, leading to a surge in the adoption of IT outsourcing services and business process outsourcing. In healthcare sector, delivering excellent patient care and improvement in the patient’s experience turns into recommendation to others resulting business growth. To reach out to this, proper balance of information technology (IT) is important function.

There are ceaseless changes in the world due to mobile apps. With remarkable new applications being produced each day, Health and Hospital apps in particular, represent an area of incredible innovation.Interaction between the doctors and the patients is the most important aspect of healthcare delivery. It is not possible for the doctors to be always close to the patients, but with the help of apps, doctors can have real time updates on the condition of their patients.