Digital transformation is expected to improve every area of patient care, increase overall efficiency, save time for patients and doctors, and increase healthcare worker productivity. Additionally, digital health equips users to make wise judgments. An improved patient experience was cited as the top desired consequence of digital transformation by 92% of respondents in a recent Deloitte poll of health system providers. The digital healthcare market was estimated at USD 167 billion in 2021 and is anticipated to register a CAGR of 23.7% from 2022 to 2030 to reach USD 1.3 trillion.
In recent years, we have seen how the combined technological power of the internet, data science, linked devices, and AI has improved quality and productivity in the pharmaceutical and healthcare industries. Drug research and diagnostic testing have been sped up thanks to skilled labor in artificial intelligence (AI), machine learning (ML), cloud computing, and robotic process automation (RPA). Its main competitive advantages are India's market size and potential for R&D, medical tourism, and public health systems. However, there is a wealth of opportunity waiting to be accessed via methods for collecting and analyzing data without regard for individual users and providing therapy, all of which offer countless investment opportunities. Both urban and rural areas can benefit from the direct delivery of primary and customized consulting services through video consultations and digital health services.
By integrating and putting into practice cutting-edge technologies, digital transformation in healthcare offers an entirely new method to provide care while improving internal hospital procedures and, most importantly, addressing all patient needs. It involves actively utilizing technology to help people and healthcare organizations.
With this in mind, let's look at how digital healthcare is now employed in medicine.
Automation is the most effective tool available to the healthcare sector. It is important to note that its adoption is advantageous for drug producers, particularly for production safety. Technologies make it possible to examine materials with great depth and accuracy. Microbiological studies can benefit from using automation algorithms because they can increase study productivity, analyze and evaluate specimens, and enhance the quality of laboratory research.
As the patient is being carried to the necessary department, a connected ambulance assists healthcare providers by gathering and sending all essential patient data that may be obtained through wearables, sensors, and HD cameras to the hospital.
Doctors will have all the information they need to perform the necessary operations faster and more successfully without wasting valuable time even before the patient arrives at the hospital.
Solutions for On-Demand Healthcare
Since society has become more mobile over the past ten years, corporations are forced to stay up with cutting-edge technologies, particularly those in healthcare industry. Professionals are keener to work for several medical facilities at once rather than being tied to one employer.
It allows doctors to offer patients so-called "on-demand" medical care, but only if their needs align with their training, experience, and availability. As a result, doctors are better able to adapt their medical services to the changing demands of their patients.
Several other mediums, such as patient portals, healthcare wearables, etc., are enablers of today's easy and time-efficient digital healthcare solutions.
Moulding Healthcare with Covid-19
As the pandemic expanded across the country, patients' access to healthcare shifted from waiting at a doctor's clinic to consulting virtually from the comfort of their homes. As the pandemic hastened the adoption of such technologies, patients have acclimated to telemedicine and AI-based tools like chatbots and virtual well-being assistants. Every area of healthcare has now undergone a digital change. The wonders of technology-driven healthcare solutions are now helping millions of people worldwide.
There is no longer a need for multiple doctor visits to monitor your heart rate and blood oxygen saturation. With the introduction of smart device-based heart and blood oxygen monitoring systems, access to real-time and home-based health data has become a typical scenario.
Medical professionals chase milestones to create value as the transformation of the healthcare sector is a protracted journey. These healthcare leaders are essential to the success of digitization and the growth of the digital healthcare industry.