Top Healthcare Technology Trends 2021 and Impact of Digital Technology on Healthcare

Top Healthcare Technology Trends 2021 and Impact of Digital Technology on Healthcare

The industry of Digital Technology for Healthcare is being impacted by mobile applications, electronic medical records, artificial intelligence, digitization of health records, and radio frequency identification.

Healthcare Technology Trends 2020

1. DIGITIZATION OF HEALTH RECORDS

  • According to the most recent medical publications by The Hill, one-fifth of US gross domestic product will go to the health segment in 2020.
  • Digital records have replaced paper files and made it easy for healthcare organizations to access their patients’ records and to transfer their patient’s data.
  • According to the Bureau of Labour Statistics, the introduction of EHRs is making work easier for coders and billers; hence, leading to a 13% increase in demand by the healthcare sector from 2006 to 2026.

2. MOBILE APPLICATIONS

  • Through the integration of mobile apps, patients can keep track of their doctor’s appointments and use reminders to take their medication on time. Fitness apps also help people maintain a healthy lifestyle by tracking what they eat and how active they are.
  • Around 80% of the US physicians used medical apps and mobile devices to assist their patients in 2015.
  • Mobile devices, especially smartphones, allow physicians to complete their medical tasks from any location or country, easing the communication between doctor and patient.

3. RADIO FREQUENCY IDENTIFICATION (RFID)

  • This technology has enhanced patients’ care by providing information about their temperature and vital signs.
  • Since EHRs are easily available, they have improved patients’ care experience by allowing physicians to access their patients’ records and make wise medical decisions.

4. TELEMEDICINE

  • Telemedicine saves money and time by reducing the number of patients in the emergency waiting rooms.
  • It allows patients to receive treatment from all over the world, regardless of their geographical locations.
  • Telemedicine allows healthcare professionals to consult the diagnostic/treatment of a patient with other physicians without leaving their premises.
  • HIPAA-compliant mHealth has made the connection between patients and healthcare providers/professionals easier.
  • Thanks to HIPAA, patients can feel safe when sharing their medical details as they are sure that their personal information is protected.
  • In 2018, ICUs under the Virtual Care Center reported a 35% drop in the average wait time of patients and 30% decrease in fatalities.
  • In 2016, the global telemedicine market’s value was $19,336 billion. It is expected to be worth $48,985 billion by 2021, at a CAGR of 16.76%.

5. ELECTRONIC MEDICAL RECORDS

  • Electronic medical records have an overview and summary of the patients’ records in digital format. These databases give clear information to the physician of their patient’s situation, allowing them to give the best medication and care.
  • EMRs enable doctors and physicians to give an effective diagnosis, reduce medical errors, and provide safer care for their patients.

6. ARTIFICIAL INTELIGENCE

  • AI uses algorithms to perform certain tasks. This technology can be used to interpret and solve to complex medical problems.
  • AI technology helps the healthcare industry by streamlining processes and reducing costs.
  • AI also allows patients to receive personalized attention and on-demand care.
  • 62% of all businesses are already considering an investment in AI. 20% of them are already using it to replace or avoid recruiting workers in the last 12 months.
  • Additionally, AI can “address, diagnose, and treat 80% of what causes 80% of the cancers in the world.”

Research Strategy:

To provide understand how digital technology is impacting the healthcare industry in the United States, we searched publications from Healthcare in America, The Hill, Tech Crunch, Healthcare Weekly, The American Institute of Medical Sciences and Education, among others. These sources provided insights to lead our research and thoroughly answer our question.

Impact of Digital Technology on Healthcare

The industry of Digital Technology for Healthcare is being impacted by mobile applications, electronic medical records, artificial intelligence, digitization of health records, and radio frequency identification.

1. DIGITIZATION OF HEALTH RECORDS

  • According to the most recent medical publications by The Hill, one-fifth of US gross domestic product will go to the health segment in 2020.
  • Digital records have replaced paper files and made it easy for healthcare organizations to access their patients’ records and to transfer their patient’s data.
  • According to the Bureau of Labour Statistics, the introduction of EHRs is making work easier for coders and billers; hence, leading to a 13% increase in demand by the healthcare sector from 2006 to 2026.

2. MOBILE APPLICATIONS

  • Through the integration of mobile apps, patients can keep track of their doctor’s appointments and use reminders to take their medication on time. Fitness apps also help people maintain a healthy lifestyle by tracking what they eat and how active they are.
  • Around 80% of the US physicians used medical apps and mobile devices to assist their patients in 2015.
  • Mobile devices, especially smartphones, allow physicians to complete their medical tasks from any location or country, easing the communication between doctor and patient.

3. RADIO FREQUENCY IDENTIFICATION (RFID)

  • This technology has enhanced patients’ care by providing information about their temperature and vital signs.
  • Since EHRs are easily available, they have improved patients’ care experience by allowing physicians to access their patients’ records and make wise medical decisions.

4. TELEMEDICINE

  • Telemedicine saves money and time by reducing the number of patients in the emergency waiting rooms.
  • It allows patients to receive treatment from all over the world, regardless of their geographical locations.
  • Telemedicine allows healthcare professionals to consult the diagnostic/treatment of a patient with other physicians without leaving their premises.
  • HIPAA-compliant mHealth has made the connection between patients and healthcare providers/professionals easier.
  • Thanks to HIPAA, patients can feel safe when sharing their medical details as they are sure that their personal information is protected.
  • In 2018, ICUs under the Virtual Care Center reported a 35% drop in the average wait time of patients and 30% decrease in fatalities.
  • In 2016, the global telemedicine market’s value was $19,336 billion. It is expected to be worth $48,985 billion by 2021, at a CAGR of 16.76%.

5. ELECTRONIC MEDICAL RECORDS

  • Electronic medical records have an overview and summary of the patients’ records in digital format. These databases give clear information to the physician of their patient’s situation, allowing them to give the best medication and care.
  • EMRs enable doctors and physicians to give an effective diagnosis, reduce medical errors, and provide safer care for their patients.

6. ARTIFICIAL INTELIGENCE

  • AI uses algorithms to perform certain tasks. This technology can be used to interpret and solve to complex medical problems.
  • AI technology helps the healthcare industry by streamlining processes and reducing costs.
  • AI also allows patients to receive personalized attention and on-demand care.
  • 62% of all businesses are already considering an investment in AI. 20% of them are already using it to replace or avoid recruiting workers in the last 12 months.
  • Additionally, AI can “address, diagnose, and treat 80% of what causes 80% of the cancers in the world.”

Research Strategy:

To provide understand how digital technology is impacting the healthcare industry in the United States, we searched publications from Healthcare in America, The Hill, Tech Crunch, Healthcare Weekly, The American Institute of Medical Sciences and Education, among others. These sources provided insights to lead our research and thoroughly answer our question.

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