IoT in the healthcare industry represents the connected devices that are helpful to manage clinics, hospitals, or any other medical setting. Integration of IoT in the healthcare domain provides various benefits like quickly processed patient’s data, better mobility of medical resources, enhanced connectivity, and better cyber security. Let us learn more about the future scope of IoT in the healthcare industry.
Advancements in the field of medical tools, medical technology along with the integration of data analytics, and 3D printing in this industry are enhancing the role in sustaining quality facilities at hospitals, clinics, and homes.
It is considered to be crucial for the services offered for the prevention, diagnosis, and treatment of diseases and illnesses.
This industry comprises of an enormous number of products ranging from surgical gloves to artificial joints to imaging equipment which plays a crucial role in the development of medical technologies.Advancements in technology and its adoption are improving the complexity and accuracy of disease screening with the approval of smart devices applicable for remote monitoring of patients.
Expert consultation with medical device manufacturers reveals that they are hesitant due to the perceived barriers to obtain ethical approval.
This industry is undergoing significant advances in terms of minimally invasive surgery, orthopaedic surgeries, cardiology, neurology, oncology, and medical imaging.This market is moderately fragmented and is in the growth phase is trying to gain a higher market share.
Hospitality and surgical centres are foreseen to dominate this market with the highest demand for this segment in 2018.