HealthTech Trends: Key Novelties in 2023

Healthcare, like most always relevant areas, is steadily moving forward. It is important for everyone to keep up with the latest trends and developments. 

Below you will find out:

– various types of technology implementation in the healthcare sector; 

– forecasts and ideas for future trends in healthcare technology;

– innovative and breakthrough opportunities in the healthcare technology sector and much more!

Don’t miss your chance. Here we go!

*If you want to build your own successful healthcare app, you can read our previous article here. 

Telemedicine: Revolutionizing Healthcare Access and Delivery

Telemedicine is a new way of looking at the industry, and it is redefining access to healthcare in many ways. According to data by McKinsey: $250 billion in healthcare spending could potentially be diverted to virtual care. It is an effective solution in the field of medical care: improved access, affordability, and a variety of applications and services.   

It is clear to everyone that telemedicine will continue to expand, supported by ever-growing demand: consumers can no longer imagine that there will be no virtual doctor visits, and doctors can no longer imagine that there will be no remote patient monitoring. 

The most important trend in the telemedicine industry as a whole is increasing access to healthcare, and the most important market factor driving the development of mobile healthcare is the popularity of technology: laptops, smartphones, and tablets.

The President (Mr. Krishna Kumar) of Philips Healthcare expressed his opinion on this topic: “Telemedicine is going to provide access to healthcare in the near future, and I believe in it 200 percent.”

Electronic Health Records: Streamlining Patient Care and Management

We return to the topic of online monitoring of patients, their illnesses, routine vaccinations, and examinations. Electronic medical records are a complete health history of patients. They should include administrative and payment data, demographic data, notes on the course of treatment and all vital signs, as well as a record of vaccinations.  The EHR system acts as a central interface for all doctors to communicate and facilitate the delivery of care.

What are the advantages of introducing an electronic medical record instead of a physical one?

• Security;
• The exchange of electronic information with patients and other doctors is confidential;
• More efficient diagnosis of patients;
• Elimination of medical errors;
• Improved communication between the patient and the doctor.

AI and Machine Learning: Advancements in Medical Diagnosis and Treatment

How can AI help in diagnosis and treatment?

Machine learning technologies identify hidden patterns in diagnostic data to detect diseases at early stages and improve treatment. We have identified such technologies in use and under development, including those that improve their accuracy by learning from new data.

How is machine learning used in medicine?

Machine learning solutions are used to develop better diagnostic tools for analyzing medical images. Alternatively, a machine learning algorithm can be used in medical images such as X-rays or MRIs by using pattern recognition to find patterns that indicate a specific disease.

Healthcare companies and hospitals are using machine learning solutions to automate tasks. This can free up time for doctors and medical administrators so they can devote their efforts to more valuable activities.

Precision Medicine: Personalized Treatment Plans for Better Patient Outcomes

Artificial intelligence is already being used for precision medicine, and this is quite revolutionary. Precision medicine methods identify the phenotypes of patients with a variety of rare reactions to treatment or unique medical needs. Artificial intelligence performs complex calculations and provides inferences to provide answers, and empowers clinicians to make decisions with augmented intelligence.  

What is the fate of precision medicine in 2023?

The future of precision medicine depends on how we integrate these technologies, as well as the knowledge and skills to use them, into clinical practice. It is important to conduct ongoing research to understand what information is important and whether the associated changes in patient management work.

Wearable Technology: Promoting Active Patient Engagement and Monitoring

If we talk about health monitoring in technology, we have two types: self-reported and physician-reported. 

Self-monitoring is wearable devices that can provide data such as steps, sleep patterns, and electrocardiograms, along with automated analytics. This data can help diagnose problems faster and intervene earlier to prevent repeated hospitalizations or negative outcomes because it provides more information about the patient’s daily activities.

Examples include fitness trackers, blood pressure monitors, and biosensors. Due to these advantages, wearable medical devices such as fitness trackers, smartwatches, electrocardiogram (ECG) monitors, blood pressure monitors, and biosensors are in increasing demand.

Medical monitoring remotely. Doctors have a medical history that they can use to monitor the patient, for example, it can also be the feelings from their fitness bracelet or blood pressure or blood sugar monitor.

Investing in Healthcare Technology: Opportunities for Growth and Innovation

We all understand that building additional healthcare capacity takes time. Technology is a very promising tool for maintaining health. If we talk about advantages, then it helps:

1. reduce waiting time;
2. improve the quality of services;
3. reduce the risk of cross-contamination;
4. manage the flow of patients in medical institutions.

Investing in health technology is definitely the right decision.  Such products will never leave the market, because medicine is one of the most in-demand areas of life for absolutely all people.  Thanks to the development of artificial intelligence, this is becoming even more automated.

It is especially cool to make money on trends, for example, create an application with the implementation of gpt3 technology, and then it will be a “trend on top of a trend”, because medicine is always at the top, and artificial intelligence will not leave the trends for quite some time.

Conclusion: The Future of Healthcare Technology and Its Potential Impact on Patient Care and Outcomes

The time has come for health technology companies. Over the past few years, industry trends have been changed both long-term and short-term, providing sales to both patients and providers across the country. Healthcare technology investment opportunities are expanding and bringing their high returns.

Let Omisoft become your partner in this healthy journey! Write to us sooner if you:

• looking for the best healthcare development services;
• you want to invest in health technology, but you need to understand the topic more;
• you want a quick start to your project and constant support;
• try all the advantages of cost optimization. 

We are waiting for you!

By Yevhen Sakara

CBDO & Co-founder

Mar 07, 2023

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