Albany, NY -- (SBWIRE) -- 11/15/2018 -- A recent report by ResearchMoz.us, titled, " Digital Transformations and Emerging Technology in the Healthcare Industry, H2 2018," analyses the impact of latest cutting-edge technologies to improve the functioning of the healthcare sector. The report states that digital transformation is basically the usage of upcoming sophisticated technologies to solve traditional problems. It can lead to further innovation in the domain.
The integration of a new technology across all business areas results in fundamental changes to its operations. Take for example blockchain. It has started to reshape the contours of the healthcare industry. They are being used to effectively keep track of medical records and healthcare transactions that entail several parties. With the help of blockchain, players in the healthcare industry can secure and authenticate the transactions in such a way that it cannot be tampered with.
The Internet of Things (IoT) is another promising technology, in which use of sensors to gather patient bodily functions and analytics to study those, has been revolutionizing the way diagnosis and follow up treatment are being carried out. Using IoT enabled smart devices, patients can keep a tab on their blood sugar levels, heart rates, and other things.
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In fact, patients can even get an eye checkup done with the use of such IoT powered devices. Then there are digital thermometers that can convey the outcome through a Bluetooth. The list of IoT devices is gradually increasing in the healthcare industry. However, there are security challenges associated with it. Despite such challenges, the usage is rising because of the ability of IoT technologies to reduce the distance between patients and service providers. They also bring about individualized care at much reduced costs.
Big data is another current generation technology that is seeing a high uptake in the healthcare industry. Leveraging big data analytics to uncover broad trends and actionable insights from the large volume of healthcare data being produced every day from different sources is adding to the efficiency of the system. It can also help in predicting disease outbreaks. In addition, it is making it possible to use machine learning and artificial intelligence in the field.
Yet another invention having an impact on the healthcare industry is the 3D printing. It has high potential to revolutionize the manner in which medical instruments are designed and produced. It can completely disrupt the fields of organ transplants and prosthetics.
Such new age transformative technologies are seeing high uptake in the advanced western nations in Europe and North America where healthcare spends by governments are typically high and overall healthcare infrastructure robust and hi-tech. Additionally, presence of big names in technology responsible for pathbreaking innovations has also had a pivotal role to play in the digital transformation in the healthcare industry. Going forward, Asia Pacific healthcare industry is set to see such a transformation.
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