The Increasing Demand of IoT in The Healthcare Industry
Posted By : Priyansha Singh | 27-May-2021
The Increasing Demand of IoT in the Healthcare Industry
The COVID-19 pandemic has catalyzed the rapid adoption of IoT development services in healthcare. This neoteric technology is gradually changing how things are done in the medical field. IoT in healthcare is the future, from better computer monitoring to virtual medical help. It can save patients' lives by quickly diagnosing illnesses and seeking an effective cure.
According to research, the Healthcare Internet of Things (IoT) market was estimated at USD 46.44 billion in 2020 and is projected to hit USD 89.6 billion by 2026. The market is driven by the growing adoption of remote monitoring, medical device integration, and the increasing penetration of connected devices.
The successful implementation of IoT application development solutions in remote monitoring and fitness and wellness devices has created a high demand for the IoT healthcare market. Such applications are transfiguring the way patients interact with the healthcare system and personnel. It can also relieve healthcare professionals by doing mundane yet important tasks while enhancing the patients’ experience.
Here’s an overview of some areas in which IoT development solutions are revolutionizing healthcare.
Streamlining Hospital Care
Most hospitals face infrastructure challenges. Long paperwork hampers most nurses' and doctors' work efficiency. Integrating IoT technologies entails creating electronic records, setting up a management system to track staff members' activities and patients' wellbeing, and remotely monitoring medical equipment. Such advances can help hospitals dramatically reduce in-house expenses while also making patients' and medical staff's lives more manageable.
Real-time health monitoring
In the case of a medical emergency, real-time monitoring of smart health devices will save lives. An IoT healthcare system provides alerts when there is a heart attack, an asthma attack, or another malfunction. It then sends the data it has gathered to an emergency station.
According to one study, by combining activity trackers and blood pressure monitors, a hospital could minimize readmission rates for patients with heart failure by 50% in 30 days.
Also Read: Developing a Healthcare Mobile App in 2021
Reduced risk of errors
Sometimes tests are mixed up, and the doctor draws an incorrect conclusion based on the report. In medicine, the human factor element may have significant consequences. We can largely avoid this with IoT because of checks and balances. The combination of machine intelligence and human experience increases diagnostic accuracy.
Data analysis and data assortment
Using IoT in healthcare entails storing large amounts of information about a patient's medical history. In addition, the IoT system sends data to other devices without encountering any problems. It is difficult to manually analyze such large amounts of data, however, machines can do this easily.
Cloud-based IoT devices can collect, analyze, monitor, send, and receive data. Since the data is so large, it can't be stored on a server, a cloud base is needed. The Blockchain of Things has the potential to speed up this adoption and make it more effective in terms of data storage and transfer.
Medical support on the go
Smart medical devices collect and transmit blood pressure, heart rate, oxygen, and other vital data. Doctors from all over the world can access data stored in the cloud. They can use the data from a smartphone with the software installed to provide specialized medical consultations and assist patients regardless of where they are. As a result, we get better medical care no matter where we go or when we need it.
Increased mobility and alert of hospital staff
This is one of the most significant IoT advantages in healthcare that can make a difference for the frontline staff. During pandemic, more and more patients need immediate assistance. They need software that will allow them to keep track of dozens of patients in real-time. When crucial changes in patients' parameters occur, they can immediately identify patients who need help or direct assistance using IoT tracking systems.
Factors Leading to the Growth of IoT in Healthcare
- The popularity of smart devices and wearables.
- Electronic Health Records (EHRs) are needed for workforce optimization.
- Increasing interest in self-health measurement.
- Healthcare requirements in remote locations.
The adoption of IoT development solutions has the potential to revolutionize the healthcare industry.
In the increasingly connected healthcare sector, IoT app development has proven to be a differentiator. If you want to incorporate this transformation into your medical management framework as well, contact our experts and take the first step toward a smart future for your healthcare industry.