Over the last two years, many technology companies have adapted to new circumstances to overcome the problems caused by the global pandemic. At the same time, many healthcare organisations that would not have integrated tech have turned their attention to technology through healthcare software development solutions and services to transform their services.
The pandemic has accelerated the digitalization of the healthcare sector. According to the HIMSS healthcare report, 80% of healthcare providers plan to invest in healthcare technology and digital solutions over the upcoming years. So, we can see substantial growth in areas including personalised medicine, telemedicine, and genomics, along with artificial intelligence, cloud, data security, IoT, etc. to develop and deliver treatments and services in an advanced manner.
In addition, here are the biggest healthcare trends are elaborated that will impact the healthcare industry over next 10 years:
Artificial Intelligence
Artificial intelligence has become all around us today – in our smartphones, cars, social media, and every software-based device. Artificial intelligence is being integrated by several industries, and healthcare remains no exception. Artificial intelligence has immense potential for the healthcare sector, where process efficiency impacts patients’ lives.
If we talk about diagnostics, AI is used to process huge amounts of patient data, including CT and PET scans, X-rays, analysis of medical images, and more. AI helps doctors who deal with the ever-increasing amounts of data – for example, comparing multiple sets of images for quick detection of symptoms and flagging the concerns.
This helps in boosting the diagnosis process and helps doctors deal with prior patient cases without any delays. This way, healthcare AI software learns to recognise the symptoms and make an accurate diagnosis.
Another application of artificial intelligence that has been integrated in the light of COVID–19 to produce vaccines. The antibody process includes the examination of immense amounts of clinical trial data and deciding which portions of the virus should be targeted.
Artificial intelligence algorithms can speed up this process and improve vaccination success. They can also be utilised to predict the mutation of a virus, and how this change can impact the vaccine's effectiveness.
The integration of artificial intelligence is likely to be considered more across the healthcare sector, providing accuracy in diagnostics, drug research, and personalised healthcare.
Cloud Technology in Healthcare
According to PR Newswire, the healthcare cloud computing market size is set to surpass $79 Billion By 2027.
The rising awareness about healthcare cloud computing has raised the market growth in developing countries. Cloud computing in the healthcare sector increases real-time data collection and improves data accessibility. It has surpassed the conventional healthcare framework by imparting efficiency and speed in data management.
Cloud-based healthcare systems provide smart solutions to health insurance portability and HIPAA-compliant cloud storage. With the data stored in cloud servers, healthcare professionals need not worry about natural calamities and system meltdowns that put data at risk.
In diagnostics and other decision-making tasks, the cloud holds the ability to process the information in large sets of data swiftly and accurately, which is a great advantage. When cloud computing is applied to analytics can eliminate the number of healthcare errors. In addition, the information gathered from the cloud assists specialists with anticipating potential risks before they appear.
All in all, cloud BI migration allows healthcare service providers to be more integrated and process a large volume of data without much effort. This ensures more efficient and improved patient care.
Mobile Business Intelligence
Firstly, the mobile business intelligence market has been valued at USD 5.03 billion in 2017 and is expected to register a CAGR of 22.37% during the forecast period (2018 - 2023), to reach USD 17.02 billion by 2023.
When it comes to healthcare business intelligence, the market size is projected to reach USD 7625 million by 2026, from USD 4335.8 million in 2020, at a CAGR of 9.9% during forecast period 2021-2026.
Business intelligence in the healthcare sector is paving the way for organizing and analyzing medical data, thereby helping in providing detailed insight on patients’ health.
The adoption of BI application development in the healthcare industry is booming, as a result, it helps in converting the data into insightful graphs and dashboards thereby enabling to make business-critical decisions.
The Healthcare business intelligence market is improving the operational workflow of healthcare business with enhanced patient care.
The emergence of cloud-based BI and mobile business intelligence enables the analysis of patient data to make decisions faster.
Data Security
Data security is an essential part of the healthcare sector that protects patient information. Today, with technological advancement, patient records are stored digitally on servers, computers, and other HIPAA compliant cloud storage.
But, with digital records comes the risk of data breaches, viruses, malware, and other malicious attacks.
With cyber-attacks and data breaches in the healthcare industry, it's likely to wonder about data security and privacy. To ensure the security of data, it is the healthcare organisation that must look after itself first.
For example, data security measures such as data encryption and control of patients' records should be integrated into the system. These include changing the password at frequent time intervals, using a VPN, or avoiding storing data on user devices.
Besides, there are external security standards such as HIPAA and GDPR compliance. HIPAA and GDPR ensure data safety both for healthcare providers and patients. With these standards, only authorised personnel can access health information, minimising the chance of data breaches.
Moreover, these standards ensure the secure transfer, storage, and access of healthcare data.
Being a healthcare organization if you are facing challenges in accessing healthcare data or handling data on older technologies is costing you a lot, it's time to migrate data onto the cloud. Cloud solutions can help you save a lot of money.
Solvios is a technology solution company that consults on healthcare data migration services to deliver innovative data migration. At Solvios Technology, we help you manage the use of data for optimal outcomes. Our data management approach depends on factors including data security, data quality, and meta-data management. From assessment to planning, to architecture design, to data cleansing, testing, and deployment; we ensure complete data migration services.
Software as a service BI
SaaS is dominating the cloud computing market, especially in the healthcare sector. Many healthcare businesses have been using SaaS, which helps in increasing their software versatility. SaaS platforms deliver healthcare solutions faster and better, which results in enhanced productivity.
How can SaaS assist healthcare organizations? SaaS applications can be an affordable way to implement them in hospitals. SaaS applications include EHR (electronic healthcare records), EMR (electronic medical records), telehealth, etc.
In the future, healthcare SaaS will be more prevalent due to its cost, scalability, and security benefits. Today, cloud technology is all set to dominate the healthcare industry. In 2023 and beyond, get ready to experience the SaaS trends such as Smart Artificial Intelligence Solutions, Vertical SaaS, PaaS, Edge computing apps, and DaaS revenues, which will be a game-changer.
The Final Words
The healthcare sector has been embracing the latest technologies and trends at a very rapid pace. These five emerging trends are a growing example of an ever-evolving healthcare world. With digital transformation knocking on the medical industry, these current trends in healthcare aim to address the present-day challenges and positively impact healthcare operations with efficiency and productivity at their best.
Solvios Technology is a USA-based technology solution provider with expertise in healthcare software development services that helps the healthcare industry provide improved patient care. Be it patient health management software, diagnostic appointment software system, healthcare mobile app, EMR/EHR software solution, or remote patient monitoring software; our customised solutions are built to fulfil all your day-to-day healthcare operation needs.
To learn more about how you can optimize all your healthcare operations, speak to our healthcare software consultants. Visit: https://solvios.technology/contact Or simply call us at: +1 (678) 697-6845.
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