IoT – The Future of Healthcare Applications?
When we talk about technology implementation in the healthcare sector, they both go hand in hand. They both are playing their part in enhancing the physical, mental and emotional well-being of an individual. The technology is evolving continuously and with the need for efficient, faster workflow and patient care, the traditional system of the healthcare sector is slowly being replaced. And the IoT (Internet of things) is the one which is gathering momentum slowly in technology development.
IoT (Internet of things) is a network of the devices which are connected together through the internet. IoT is ubiquitous in nature in today’s era of wireless connectivity. Today you can simply control home security systems, Televisions, Entertainment devices, appliances and even the watches by a click, tap or sound.
IoT (Internet of things) is consistent in the technology sector due to its functionality, ease, and accessibility and will also be promising the future of the IoT (Internet of things). Remote care, patient engagement, faster diagnosis, telehealth, and many other healthcare functionalities will be efficiently managed in the healthcare sector by the adoption of the Internet of Things.
The Internet of Things was estimated to be valued USD 337.41 billion by the end of 2025 in the healthcare market, and it will grow at a CAGR rate (Compound Annual Growth Rate) of 28.2% over the forecast period.
The healthcare industry will see a tremendous hike in benefits after introducing the IoT (Internet of Things) in the industry. By the end of 2020, 40% of IoT (Internet of Things) will be observed in the health sector alone more than any category.
Some benefits of IoT (Internet of Things) integration with the healthcare sector are as follows:
- EHR (Electronic Health Record) Management: The EHR demand is quite rising for the streamlined workflow, managing, and utilization of the enormous amount of data for patient care.
- Medication Management: This makes the data seamlessly integrated into the EHR with the help of Radio Frequency Identification (RFID) technology in which the tags and barcodes are inserted in objects.
- Telemedicine: IoT has also played a major role in patient-provider interaction in Telehealth. The availability of video and remote diagnostic technology has come with benefits like device interoperability and convenience.
Internet of Things is going to create a revolution in the healthcare industry. It will make every professional of the healthcare sector rely on the IoT (Internet of Things) for real-time data, consultation, analysis, diagnosis, and even some part of treatment.