Healthcare is constantly evolving, from the widespread adoption of new technologies such as wearable health devices and medical robotics to the ever-changing landscape of regulatory approvals.
As a result, healthcare leaders must stay on top of the latest trends in the industry to stay ahead of the competition. By doing so, they can identify what opportunities their organizations need to implement to grow their businesses and improve patient care and employee well-being.
From artificial intelligence to the social determinants of health, we compiled the top 10 healthcare trends that could have a significant impact on the healthcare industry in 2023.
Healthcare Market Overview: Striking Stats You Should be Aware Of
Check out these latest stats to know more in-depth about the healthcare IT market.
- The global healthcare services market reached nearly $7.5 trillion in 2022 and will continue to grow, surpassing $9 trillion by 2026.
- According to the Boston Technology Corporation, 74% of patients say using wearable devices and other mHealth tools help them cope and manage their conditions.
- As per Statista, 722 was the number of connected portable medical devices in 2019. This number more than doubled from 325 million and is projected to rise to more than 1 billion by 2023.
- The global healthcare IT market is poised to grow at a CAGR of 13.1% between 2021 and 2030.
- As per the report, the healthcare IT market reached $320 billion in 2022 and is projected to reach $857.6 billion by 2030.
Source: Precedence Research
Top 10 Healthcare Technology Trends of 2023
In the healthcare industry, technology is opening up new possibilities for medical professionals, patients, and treatment recipients. Leading healthcare app development services providers are prioritizing creating solutions that use one of the technologies listed below.
Let’s find out more about the trends that will affect the healthcare industry in 2023 and beyond.
This may sound like science fiction, but nanotechnology is slowly entering our daily lives. The application of nanotechnology in medicine is happening as we speak. Self-replicating nanorobots known as Xenobots are being developed by scientists. This may transform nanomedicine.
Therefore, it is safe to assume that 2023 may bring a lot of revolutionary news in the field of nanomedicine. The nanomedicine industry welcomes early investors and has enormous potential.
If you are wondering what nanomedicine is, here is a brief definition: it is the use of nanoscale (microscopically tiny) materials and objects, such as biocompatible nanoparticles, nanoelectronic devices, or even nanorobots for specific medical manipulations and purposes, like diagnosing or treating living things.
For example, it can be used as a potential hunter for cancer cells or viruses, requiring a group of nanorobots to be injected into a human’s blood vessels.
This technology is expected to successfully combat many genetic, oncological, or autoimmune diseases at the cellular level, including arthritis, tumors, and others.
02- Artificial Intelligence & Robotics in the Healthcare Industry
In the last decade, the proliferation of AI in all industries has taken the world by storm, and the trend is likely to continue. The application of AI in medicine ranges from increasing diagnostic accuracy to disease detection.
With the COVID-19 pandemic disrupting the healthcare industry, radiologists faced great strain as computerized diagnosis became the norm. In this situation, an AI-based system removed the burden from radiologists by streamlining the diagnostic process.
In a matter of seconds, AI algorithms can perform scans, identify patterns, and provide diagnoses. Today, tech giants like Google and IBM have released their AI-infused technologies that help medical facilities discover data.
The industry will actively use AI-based tools to quickly find new drugs and act on trends. Additionally, AI chatbots are becoming popular in healthcare as a means to provide help to customers via email and 24/7 phone support.
Companies are combining AI with robotics to create virtual assistants for doctors and nurses. It also helps doctors provide care without having to get close to the patient.
03- AR/VR in Healthcare Industry
Augmented Reality (AR) and Virtual Reality (VR) are rapidly evolving and are poised to impact the healthcare sector in the coming years. AR and VR can provide a more interactive and immersive experience for medical education and training, allowing medical students to view anatomy and practice procedures in a virtual environment. It will help you improve your understanding of complex medical concepts and improve your skills.
There are an endless number of benefits of AR/VR in healthcare. AR can be used to project medical images onto a patient’s body, helping doctors accurately diagnose conditions. Virtual reality, on the other hand, can be used to simulate complex surgical procedures, allowing doctors to practice before performing surgery on a real patient.
By 2023, the use of AR and VR in healthcare is likely to have grown substantially. Technological advances and the increasing availability of AR and VR headsets will make these tools more accessible and affordable. Ultimately, these can improve healthcare outcomes, reduce costs and errors, and provide a more engaging and effective learning experience for medical students.
04- Internet of Medical Things – IOMT
This isn’t the first time IoMT has been mentioned, and it won’t be the last. In the medical Internet of Things, wearable devices and trackers are becoming more popular in the field of healthcare information technology. Their main benefit is that they provide doctors with up-to-date and detailed information on their patients’ health conditions. The Internet of Medical Things (IoMT) enables a significant change in patient awareness.
In addition to collecting data on daily activities in real-time, users can modify it as they go by using trackers. If the device supports gamification, patients can even be rewarded for living a healthier lifestyle. Consequently, technology has combined a reasonable requirement for healthy behaviors with pure entertainment to make a big impact.
Now it is possible for doctors to receive alerts about their patients’ treatments and participate more actively in their care. In addition to eating habits, sleep patterns, and activity levels, this inventive healthcare technology generates a rich data set. In addition to developing realistic training programs, healthcare providers can use this data to assess treatment outcomes.
If you’re looking for opportunities in the healthcare market, partnering with a mobile application development company that’s on top of the latest trends in healthcare technology in 2023 can help you stay ahead of the competition. Be sure to contact StarTechUP to get started and build an IoMT-based solution for your business!
05- RPM – Remote Patient Monitoring
In 2023, the global market for RPM systems will grow steadily, with a projected value of more than $175.2 billion by 2027. This is a tremendous opportunity with the continued prevalence of remote healthcare and its significant contribution to health equity.
Hands-free communication is one of the emerging technology trends in healthcare that will continue to expand in the near future. In the current pandemic conditions, remote monitoring is playing an important role in the care of patients who cannot physically attend medical appointments.
Innovative technology known as “Remote Patient Monitoring” (RPM) enables healthcare professionals to remotely monitor a patient’s condition. This technology is particularly useful for the elderly or chronically ill who require regular monitoring and care but are unable to keep appointments in person.
RPM uses IoT and specialized digital health equipment, such as glucose meters and blood pressure monitors. Apps that connect to these devices can be used to collect data and immediately alert healthcare professionals in case of anomalies. As such, RPM systems are expected to become a critical component in providing ongoing care for patients at risk.
06- Robotic Process Automation – RPA
As per the WHO -World Health Organization prediction the global shortage of health workers could reach 12.9 million professionals by 2035, making in-person medical appointments a luxury few patients can afford. Large-scale adoption of robotic process automation (RPA) solutions in healthcare can cure inefficiencies in the medical system.
RPA bots are an important milestone in the development of healthcare information technology. Healthcare providers can experience precise automation, cost reduction, workforce optimization, and even introduce transformational changes with insight. On the patient side, AI algorithms can guide people to the doctor they need by scanning their symptoms with greater precision than traditional search engines.
In essence, the technological innovation of RPA has introduced robots that mimic human behavior in the healthcare sector. They have numerous capabilities, including scripting detection, data entry, and implementation of predefined actions. These days, RPA is widely applied by healthcare organizations for appointment scheduling, information management, claims management, hospital management, and optimal care delivery.
07- mHealth Technology
The COVID-19 pandemic played an important role in driving the digitization of the psychological industry. Today, solutions like HIPAA-compliant video conferencing tools make mental health apps accessible online.. At this critical moment, technology came to the rescue.
Video Game Treatment: Since the pandemic, the US government has focused extensively on mental health solutions. Their efforts paid off when EndeavorRX was launched for children ages 8-12 with ADHD. The game helps them focus on several things at once to boost their mental abilities.
Read More: How to make fitness app with gamification
Smartphone Therapy: Nowadays, smartphones come with built-in AI assistants and features. The same algorithm creates chatbots that can record and analyze speech to detect abnormalities or mental illnesses. Furthermore, bots can provide therapy to patients 24/7.
08- IoT Solutions in Healthcare Sector
Medical devices are ubiquitous, and when combined with the Internet of Things, their value can be measured in accelerated workflows, improved inventory management, and better employee tracking.
But as the IoT and medical devices such as insulin pumps and pacemakers become increasingly interconnected with computers and networks, they pose significant security risks to both patients and providers.
Multiple IoT and medical devices have become the standard for many healthcare facilities in recent years, with the number of connected devices increasing.
The market for such devices is also growing; Estimates vary, with one report saying the global healthcare IoT market is projected to grow to $2.465 billion by 2029.
The HCIC task force states that attacks on health information systems are expanded when interconnected devices such as mobile devices, medical devices, and apps are allowed to connect to EHR software. This leaves your facility at greater risk the more devices are connected.
IoT botnets are groups of hacked computers, smart devices, and Internet-connected devices co-opted for illegal purposes. Malware can infect connected smart devices and allow for remote control. A denial of service attack can be started by using any hospital security camera as a botnet.
09- Cloud Technology
Cloud computing is becoming increasingly available to patients and staff in the healthcare industry. By leveraging remotely available data, clinicians and patients can quickly and easily access recent and historical clinical results on a single platform.
Additionally, as electronic medical records become more widely used, cloud technology will become more cost-effective and secure, creating new opportunities for big data software.
Cloud technologies offer staff a scalable way to deliver optimized patient care and enable patients to take a proactive approach to their health. However, leaders need to be aware of the potential barriers to cloud technologies, including data migration costs, cultural changes, security compliance, and interoperability standards and regulations.
Likewise, the healthcare cloud computing market is expected to increase dramatically over the next ten years from $26.5 billion to $66.3 billion.
10- 3D Bioprinting – Healthcare Technology Trend
In healthcare, 3D bioprinting is not a new technology. However, its ability to create three-dimensional structures similar to natural tissues is certainly attracting the attention of scientists and researchers.
With the new sophisticated version of prosthetic treatment and many improved technologies, it is only a matter of time before the discipline gains traction. Reduces the high costs of implants and prosthetic treatment.
In addition, patients are getting more and more options for cardiovascular and neurological implants. 3D bioprinting may also improve bionic knee and hip prostheses.
The Following Are the Benefits of 3D Bioprinting:
- Makes complicated surgeries easier to complete.
- The production only needs a short period.
- More training for instructors.
- Compared to other techniques, external implants, like artificial legs, can be more customized.
Count on Quytech For Your Healthcare App!
Technological advances in the healthcare industry aren’t slowing down anytime soon, and with the advent of new technology, it’s only going to get more exciting. Whether you are interested in developing a custom healthcare app or exploring more about it, Quytech is here to assist you!
With years of industry experience, we have helped numerous companies develop quality and robust web and mobile applications. Our team has experience working in the healthcare industry and developing apps that help improve your patient experience, automate tedious processes, and more.
In healthcare applications, we are aware of the significance of data privacy, accuracy, and security. That’s why we provide our customers with extensive research, development, and testing to ensure our apps meet the highest standards.
So, what are you waiting for? Get in touch with us so we can discuss more about developing your healthcare app that will withstand future trends in the industry.