The healthcare industry is embracing digital transformation at a rapid pace. This shift, which is driven by the rise of internet and technology is projected to add more power to the way value-based care is delivered.
Internet has been highly criticized for ruination of the music industry. Back in decade, when the industry failed to cope up with the piracy risk that the internet brought along, there was a major dip in the physical sales (through CDs and related sources), which was then the major source of revenue.
In the hyper-competitive on-demand landscape, there is a constant struggle to stay ahead in the game. With speed and convenience being the major drivers of on-demand economy, companies spare no effort to deliver their services, whenever and wherever the customer demands.
Consumerization is shaping the business landscape, making enterprises take advantage of new technologies and models that originate and evolve in the consumer space. With mobile devices and apps becoming an inevitable part of consumers’ routine, they are transforming the way businesses reach out to their prospects.
The multi-trillion dollar healthcare industry is adapting to modern ways of delivering care, amongst which telehealth is the one. The idea of distributing health-related services and information through telecommunication technologies is diminishing the gap between patients and providers. By allowing both ends to make a contact, share advice, monitor health; telehealth services bring a paradigm shift in how care is delivered and received.
Entrepreneurs are vigorously capitalizing on the ‘Uber for X’ model. They are covering almost every vertical that holds the potential to reinvent the conventional way of doing things or simplify consumers lives.
The idea of matching consumer demand with relevant services, which started back in 2009 with a taxi-booking app called Uber is creating a ripple-effect now. The trend of creating an Uber for X is taking (almost) every industry by storm, and logistics is not behind.
Around half of the world’s urban population lives on unnamed or unmarked streets and houses, most of which is from developing or underdeveloped countries. -estimates World Bank.
On-demand ride-sharing, wherein apps and digital services are used to organize a taxi or vehicle sharing is marking the growth of the connected mobility sector. By 2020, around 685 million people are predicted to use ridesharing services, worldwide (Statista).
The global on-demand transportation market is expected to reach $290.3 billion by 2025. -Grand View Research, Inc.
Thanks to the proliferation of mobile devices and applications, there has been rising adoption of on-demand transportation, globally. Services such as e-hailing, car sharing, car rental, station-based mobility are offering a productive space for the transport industry to thrive.