Transforming healthcare trends of 2021
Healthcare trends are more like the compass of the health industry. These trends are essential as they indicate where the industry is heading towards and what disruptive technologies are bound to be reshaped. Such introductions and integrations can help industry leaders to get a better sense of understanding for patient needs. Gone are the days when healthcare professionals used to second guess the idea of embracing new technologies. Today, with the rapid move towards digitization, executives are more open to welcoming technologically forward machines for better functionality and operation of the industry. Considering that trends are of such great relevance and importance in the current times, this column will explore some of the path-breaking developments bound to transform the healthcare sector.
Dr Sanjay Batheja, Co-Founder & Director of Capital University College, explores how these trends can revolutionize the industry. Serving over 20 years of his expertise in the education sector, Dr Batheja is actively involved in developing and structuring postgraduate programs for healthcare professionals and making them better equipped with profound knowledge and practical experience.
Wearable and IoT tools
With people being more and more dependent on technology, mobile applications and wearable tools are soaring day after day. These tools have redefined one's perception of their health and how validated one feels when such devices proclaim them to be healthy and fit. In a nutshell, these devices have become our portable healthcare partner. According to a report circulated by Markets and Markets, the global market for medical wearables is set to reach a whopping $12.1 billion by the end of 2021.
Alongside a soaring demand, these wearable technologies can now analyze their health records, suggest recommendations, diet plans with an elevated sense of AI and quick response. All of this, integrated into a customizable behaviour. Research indicates that these devices enable users to have a constant flow of data and allow people to use metrics such as blood pressure, sleeping data, breathing pattern. Such a trend is only going to further create more demand with an improved interface and functionality.
Like how cryptocurrency has become a buzzword for many people, healthcare professionals have begun to use the word - blockchain. This is because of its ability to share, analyze and scrutinize data of critical patients in real-time to improve the quality, care and transparency. While in the 20th century, blockchain was referred to as a database that had a very restricted ability and performance. Today, with blockchain, doctors and other healthcare individuals can retrieve data in the form of a primary digital record that is more valid and accurate. As CTOs and other experts in the healthcare industry, blockchain can make a large difference with its simplified, safe and accurate response.
The power of AI
In recent years, artificial intelligence has begun to dominate the healthcare division. This form of technology has not enhanced the quality of care but also reduces primary costs and maintenance for many hospitals. AI has swiftly expanded across diverse industries, showcasing a long-lasting potential in the healthcare sector. Today, AI plays an important role in analyzing patient data in large quantities, understanding new diseases and accurately detecting ailments of many patients. With the incorporation of AI, research indicates that the process of mammograms can be 30 times faster and 99% accurate. AI will reduce the need for taking unnecessary biopsies; thereby, equipping healthcare professionals to make better decisions. The booming technology has the potential to play an even larger role in accelerating research and other drug discovery processes. While conventional methods of drug discovery take an average of 12 years, this mechanism can speed up the process and contribute significantly to the overall dynamics of the industry.
In line with this, Capital University College offers the reputed Master in E-Health Management, in partnership with Italy’s renowned Rome Business School. The program is ranked #89 under Eduniversal Ranking 2021, Best Masters. With an ideal balance in knowledge and practical experience, students will be studying under the patronage of SIT – the Italian Society of Telemedicine that will enhance their skills and competencies to learn, manage, understand and apply advanced techniques in the healthcare industry.
This is a unique program that combines electronic processes and communication strategies, bridging the gap between computer, health and communications and enabling one to become specialists in the health and management sector.
Dr Sanjay Batheja
Co-Founder & Director
Capital University College