There’s never been a more exciting time for the healthcare industry than immediately. Technology is about to rework the medical field like never before. Health technologies encompass all the devices, medicines, vaccines, procedures, and systems designed for new medical technology to streamline healthcare operations, lower costs, and enhance the quality of care.
Here are some ways technology will revolutionize medicine and healthcare in 2020.
New medical technology named AI
There’s nothing quite as exciting as AI immediately, with substantial growth and exciting opportunities surrounding the healthcare industry.
The use of AI within the healthcare industry is predicted to grow rapidly at an annual rate of 40 percent through 2021 — to $6.6 billion (Dh24.2 billion), from approximately $600 million in 2014.
AI and machine learning offer new medical technology and improved ways to determine disease, identify conditions, crowdsource and make treatment plans, screen health epidemics, generate efficiencies in medical research and clinical trials, and make operations more efficient at having the ability to handle the increased demands on the healthcare system.
According to McKinsey, there might be $100 billion in annual savings for medicine and pharma by counting on big data also because of the AI and machine learning tools to process it.
Robots performing new medical technology tasks
Can you trust a robot together with your life? Apparently you can! Robots like the Leonardo surgical robot can help medical professionals within the OR and therefore the scope of this extends beyond surgical applications. With the worldwide medical robotics market expected to succeed in $20 billion by 2023, robots in healthcare are set to perform many various tasks. they’re already helping doctors treat patients in rural areas with telepresence, providing medical supplies, sterilizing hospital rooms, helping patients with rehabilitation or with prosthetics, and automating labs and packaging medical devices. Besides, there’s the micro-bot that will deliver therapy to a selected a part of the body, like radiation to a tumour or cure bacterial infections.
Now home care robots from German company medicine support health control reception and reminds elderly patients to see their vital signs on a day today. The app collects and bundles measured values like vital sign, blood glucose, weight, pulse or oxygen saturation. the house Care Robot reminds users when measurements are due and, if desired, sends them to the family physician or relatives. It also can alert relations if their elderly relative has had a fall.
New medical technology computers and machine vision
We all know that computers are getting used extensively within the medical field. they supply accurate information and being increasingly wont to interpret CT scans to detect neurological and cardiovascular illnesses and detect tumors in X-ray images. The technology called machine vision that permits a computer to examine, evaluate and identify still or moving images, is showing great progress in diagnostics. It helps in viewing scans and medical images, surgery, and more.
Wearable and monitoring tech
Wearable fitness technology has weaved itself into society in order that Fitbits and smartwatches are seen as mainstream; and therefore the way forward for wearable devices shows no sign of slowing down. With quite 80 percent of individuals willing to wear wearable tech, there are tremendous opportunities to use these devices for healthcare. Today’s smartwatches are equipped to watch your heart rhythms, vital signs, detect fibrillation, and send reports to your doctor, track your temperature, and more.
Monitoring devices like Omron’s Evolv have set new standards in vital sign monitoring. Evolv may be a sleek-looking upper-arm device that sets the new standard in vital sign monitoring. The display, monitor, and cuff are integrated into a compact one-piece device with no tabletop unit, tubes or wires. because of its unique design and features, Evolv offers unmatched usability and portability. this enables you to live your vital sign anywhere, anytime. Results are synced with a companion app and may be shared together with your doctor too.
Genomics to treat diseases
Genomics investigates the complex biological details of a private and therefore the use of those for effective diagnosis and tailormade treatment. AI and machine learning have further helped genomic medicine by producing more accurate results.
Computers make detailed investigations of genes and gene mutations that cause diseases and help the medical profession better understand the occurrence, the treatment or maybe eradicating it. Scientists are conducting many studies on conditions as transplant rejection, CF, and cancers to work out how best to treat these conditions through personalized medicine.
Potential of 3D printing
3D printing is creating a huge opportunity for the medical industry. consistent with a report by marketing research firm SmarTech Analysis, the marketplace for medical 3D printing is estimated to be worth $1.25 billion. By 2027, the market price is about to grow to $6.08 billion. it’s clear that the potential for 3D printing within healthcare is large.
Surgeons can reproduce patient-specific organs with 3D printing to assist steel oneself against procedures, and lots of medical devices and surgical tools are often 3D printed. It’s also utilized in dentistry and orthodontics.
Innovation in extended reality
The XR healthcare market is predicted to succeed in $5.1 billion worldwide by 2025, encouraged by growing adoption and investments in healthcare IT. Doctors and surgeons are increasingly leveraging XR for medical procedures, and hospitals are utilizing it to streamline medical processes and improve healthcare, from patient care and surgical imaging to resident training.
Virtual reality has helped patients with visual defects, depression, cancer, and autism. Augmented reality aids physicians during operation and reconnecting blood vessels. In mixed reality, the virtual and real worlds are intertwined, so it provides important education capabilities for medical professionals also to help patients understand their conditions or treatment plans.
The strength of digital twins
Digital Twins are ready to provide a secure environment for testing the impact of changes on the performance of a system. It can assist a doctor in understanding the chances for a successful outcome of a procedure, help make therapy decisions, and manage chronic diseases. they will help improve patient experience through effective, patient-centric care. the utilization of digital twins in healthcare remains in its nascent stages, but it’s huge potential.
Super-fast treatments with 5G
The fifth-generation (5G) refers to the super-fast internet and new medical technology promises to supply speeds that are a minimum of 10 to twenty times greater than the traditional speed of the web. With faster downloads and uploads alongside wider coverage, 5G is sure to cause changes in our current healthcare scenario.
With subtle gadgets, patients will not get to visit the clinic for his or her check-ups. Instead, they will doctors on their gadgets and obtain virtual treatment for minor ailments.
5G will enable the transmission of huge imaging files so specialists can review and advise on care; leave the utilization of AI and internet of things technology; enhance a doctor’s ability to deliver treatments through AR, VR, and mixed reality; and permit for remote and reliable monitoring of patients.