Market research reports, consulting: Global Market Insights Inc.
Industries
  • Diagnostics and Monitoring
  • Healthcare IT
  • Pharmaceuticals

Healthcare It

Healthcare IT has seen rapid development owing to the growing telecommunications infrastructure, increased penetration of internet-enabled services, and benefits of Artificial Intelligence (AI). Since the pandemic, telemedicine, mHealth, machine learning, virtual reality, augmented reality, and wearable technologies have become critical tools for technology-driven healthcare solutions.

Adoption of advanced healthcare IT methodologies to improve performance has resulted in cost savings in healthcare. Major objectives of healthcare IT include reducing healthcare costs and improving the care quality. Currently, many companies are impacted by the changes brought about by healthcare IT, which is affecting the overall global healthcare industry at large.

Drivers

  • Increasing penetration of the internet and digitalization of healthcare solutions
  • Increased focus on remote patient monitoring and telehealth post COVID-19
  • Growing adoption of AI, 5G, IoT, etc.
  • Increasing demand for efficient patient communication, improved diagnosis & treatment, and mitigation of frauds
  • Several government initiatives and fundraising activities

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