The healthcare IT has evolved steadily on the back the rapid pace of digitization particularly in patient engagement, advancing the standard of care. A wide array of healthcare IT technologies such as electronic health records (EHRs) and hospital information system has been internalized in care delivery models for healthcare providers. A compelling proposition for uptake of digital health technologies for them has been achieving quality care cost-effectively. The rapid uptake of online platforms by patients in Technological stalwarts have been quick to tap into the growing potential of healthcare IT by developing advanced analytics tools coupled with AI. Coupled with this, new
The healthcare IT has thrived continually and markedly from the proliferation of apps and portals to assist clinicians in remote patient monitoring. On the other hand, new autonomous tools such as for diagnostic application has expanded the scope for patients in better management of chronic diseases. Substantial growth driver to the healthcare IT market has been witnessed in the standard of care for diabetes and cardiovascular risks. Healthcare providers in developed economies, notably hospitals, in recent years have been ramping up their efforts to leverage healthcare IT to boost self-service care navigation.
Cloud computing technologies have lowered cost and improved efficiencies, expanding the scope for new services in healthcare IT markets. As the markets progress, more cloud-based models will expand their potential in the care delivery for specialized populations. Further, Internet of Medical Things (IoMT) will no more remain in conceptualization stage, but will expand the care especially for children and elderly. The healthcare IT market will see transformative technologies in the point-of-care. The application area has seen new heights from the growing trend of adoption of wearables and sensor in medical devices. New approaches to population health management are also opening new revenue streams for players in the healthcare IT market.