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Demand for improved healthcare facilities is increasing worldwide owing to various advancements in technology. Providers are mainly relying on transitioning to newer technologies and health systems in order to enhance their presence in the market. Cloud computing, nanotechnology and smartphone accessibility are being integrated with healthcare services to improve patient outcomes. Use of electronic health records (EHR) is... View more

Demand for improved healthcare facilities is increasing worldwide owing to various advancements in technology. Providers are mainly relying on transitioning to newer technologies and health systems in order to enhance their presence in the market. Cloud computing, nanotechnology and smartphone accessibility are being integrated with healthcare services to improve patient outcomes. Use of electronic health records (EHR) is also increasing due to the benefits of this highly ubiquitous system.

The increasing pressure to reduce healthcare costs is also one of the key factors driving the adoption of information technology in the healthcare sector. For example, hospitals use IT systems not only to archive patient files but also to optimize processes, supply systems, and communications. “In Germany, cost pressures have created huge demand for IT solutions that make internal processes and procedures more efficient or that improve income by optimizing billing systems,” explains Bernhard Calmer, Chairman of the Bundesverband Gesundheits-IT (bvitg), an organization that represents the interests of the German IT sector in healthcare.

A large amount of data is collected through diagnostic imaging that needs to be stored securely at one place to allow easy access when required. That is where interoperability among systems and even facilities becomes crucial. A seamless healthcare IT system will establish a cohesive workflow for the providers and patients. All faculties using healthcare IT systems need to abide by the Health Insurance Portability and Accountability Act (HIPAA).

Telemedicine to Increase Access in Remote Areas

The advent of telemedicine is set to transform the way healthcare services are delivered to patients. This technology is helping patients in remote areas to connect with healthcare providers and experts located in the nearest town or city. Telemedicine is a huge success in the western world owing to major investments made in developing the required infrastructure. On the other hand, lack of infrastructure in developing economies is hindering implementation and adoption of telemedicine. This technology can help provide consultation and even treat patients remotely.

Innovation

Multimedia enhanced radiology reporting (MERR) correlates images to text reports. This technology helps clinicians save time in understanding report findings with supporting images. Clinicians can easily access images while monitoring the progression of the condition. According to a study by the Emory University and the Harvey L. Neiman Health Policy Institute in 2015, 79% of doctors showed an inclination towards MERR, as well as a higher likelihood to recommend their peers to use facilities offering this technology.

Also, wider adoption of cloud technologies by the healthcare service providers is an emerging trend in the market. Radiology is being integrated with cloud-based systems which provide easy access to reports and findings. Due to high initial cost of implementing these systems, the process efficiency and long-term cost savings are making the cloud a worthwhile investment.

Robotic surgery allows doctors to perform complex surgeries with high precision and flexibility. Other benefits include faster recovery, shorter hospital stay, less pain and bleeding, smaller scars and lesser risk of infection. Robots are used for hysterectomies, joint replacements, removal of fibroids, prostate surgery, open-heart surgery and kidney surgeries. However, high operating cost of robotic surgeries may hinder their utilization in low- and middle- income economies.

The picture archiving and communication system (PACS) helps healthcare professionals store and manage patients' medical images. PACS is integrated in the main hospital workflow system which makes it easy for clinicians to refer to the records as and when required.

Conclusion

Today’s changing healthcare landscape places an urgent emphasis on improving the quality of patient care and reducing overall costs incurred by health facilities. Adoption of new technologies would play a major role in achieving this. Also, with increasing usage of health IT systems, demand for data analytics is also expected. Implementation of data analytics would ensure operational efficiency of healthcare facilities and improve health outcomes.View less

Healthcare IT Published Insights

Coherent Market Insights Electronic Medical Records Market

Published Date : Mar 2024

Global electronic medical records market is estimated to be valued at USD 31.58 BN in 2024 and is expected to exhibit a CAGR of 5.6% during the forecast period (2024-2031). The electronic medical records market has witnessed significant growth in the past decade due t... View more

Coherent Market Insights Global Telehealth Services Market

Published Date : Feb 2024

Global telehealth services market is witnessing growth due to COVID-19 pandemic with social distancing norms and need for virtual care. Telehealth involves the exchange of medical information between patients and healthcare providers when these are not physically pres... View more

Coherent Market Insights Global Vendor Neutral Archive Market

Published Date : Feb 2024

Vendor neutral archive (VNA) is an image management solution that allows medical images and associated reports to be stored, queried, and retrieved by any healthcare application from multiple sources and modalities. Traditionally, healthcare organizations have had to ... View more

Coherent Market Insights Global Sleep App Market

Published Date : Feb 2024

The sleep monitoring app market has witnessed significant growth in the recent past owing to the growing prevalence of sleep disorders across the globe. Sleep apps help track various sleep patterns and metrics such as sleep duration, sleep cycles, heart rate during sl... View more

Coherent Market Insights Global Cleft Lip Surgery Market

Published Date : Feb 2024

Cleft lip is a congenital deformity where there is a physical separation or gap in the upper lip, which can sometimes involve the roof of the mouth (palate). This condition occurs due to the incomplete fusion of facial structures during fetal development. Fortunately,... View more

Coherent Market Insights Global Value Based Healthcare Market

Published Date : Feb 2024

Value-based healthcare (VBHC) is a healthcare delivery model in which providers, including hospitals and physicians, are paid based on patient health outcomes. Under value-based care agreements, providers are rewarded for helping patients improve their health, thereby... View more

Coherent Market Insights Global Pharmaceutical Logistics Market

Published Date : Jan 2024

Global pharmaceutical logistics market has witnessed significant growth over the past due to rising demand for medicines globally. Pharmaceutical logistics involves efficient transportation and storage of temperature sensitive drugs, thereby ensuring their integrity a... View more

Coherent Market Insights Global Well Being Platform Market

Published Date : Jan 2024

Well-being platforms are comprehensive digital solutions designed to enhance and support the mental, physical, and emotional health of individuals. These platforms provide resources and tools such as health assessments, wellness coaching, personalized programs, and co... View more

Coherent Market Insights Global Patient Generated Health Data Market

Published Date : Jan 2024

Patient generated health data refers to health information created, recorded, or gathered by or from patients. With the rise of digital health tools and technologies, patients are increasingly self-tracking vital health indicators like activity, sleep, nutrition, vita... View more

Coherent Market Insights Global Pharmaceutical Contract Sales Outsourcing Market

Published Date : Jan 2024

The global pharmaceutical contract sales outsourcing (CSO) market has shown promising growth in recent years. Pharmaceutical manufacturers are increasingly outsourcing their sales and marketing operations to specialized CSO providers in order to focus on drug research... View more

Coherent Market Insights Global Pharma 4 0 Market

Published Date : Jan 2024

The term "Pharma 4.0" refers to the transformation in the pharmaceutical industry that is aligned with the principles of Industry 4.0. Industry 4.0 is characterized by the integration of advanced technologies such as the Internet of Things (IoT), artificial intelligen... View more

Coherent Market Insights Global Polymeric Biomaterials Market

Published Date : Jan 2024

Polymeric biomaterials are polymers that are biocompatible and are used in medical applications and devices. They plays an important role in tissue engineering and regenerative medicine applications due to their biodegradability and biocompatibility properties. Polyme... View more

Coherent Market Insights Biosimulation Market

Published Date : Jan 2024

Biosimulation is a computational model that is used to simulate biological processes, systems, and pathways of the human body using computer simulations. It aids in understanding how the body functions at molecular and cellular levels and how certain medical intervent... View more

Coherent Market Insights Global Parenting Apps Market

Published Date : Jan 2024

Parenting apps are a category of mobile applications designed to assist parents and caregivers in various aspects of child-rearing and family management. These apps address a range of needs from pregnancy tracking to educational content delivery for children. Parentin... View more

Coherent Market Insights Global Mobile Stroke Unit Market

Published Date : Dec 2023

The mobile stroke unit (MSU) refers to specially designed ambulance units that are equipped to provide acute stroke treatment on location. These units aim to minimize the time taken to treat stroke patients by bringing advanced diagnostics and thrombolysis capabilitie... View more

Coherent Market Insights Global Iot And Virtual Hospital Market

Published Date : Dec 2023

The Internet of Things (IoT) and emergence of virtual hospitals are revolutionizing the future of healthcare globally. IoT refers to the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, an... View more

Coherent Market Insights Global Ai In Omics Studies Market

Published Date : Dec 2023

The global AI in omics studies market is expected to see significant growth due to the increasing adoption of artificial intelligence in various omics fields such as genomics, proteomics, and metabolomics. AI tools are being widely used for big data analytics and prec... View more

Coherent Market Insights Global Social Determinants Of Health Market

Published Date : Dec 2023

The social determinants of health refers to the socioeconomic, cultural, and environmental factors that influence individual and population health outcomes. These determinants include factors like education, employment, income, and housing, access to healthcare servic... View more

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