The mHealth trend is turning into the new normal of the healthcare sector, especially since the spread of the novel Coronavirus. Technological advancements in mHealth have opened many doors of opportunities for remote healthcare services. Healthcare companies and MedTech market players are leveraging these opportunities by investing and supporting R&D and entering partnerships.
The motto is to offer the best possible mHealth solutions to the market and help health cautious customers lead a smooth life where they know every detail about their health and timely treatment can be carried out. Typical end-customers of mHealth solutions are patients, and hence, those solutions which come with accuracy and security of data will gain the desired market share and profit.
The major factors leading to the growth of the mHealth market include the integration of wireless technologies with mobile healthcare devices, the rising prevalence of lifestyle disorders, technological advancements, and favorable initiatives of governments. Another reason for the growth in the mHealth market is the affordability of smartphones and the gradually increasing trust among professionals in mHealth solutions.
The growth is visible clearly in many credible market research reports. For example, as per a recently published report by Allied Market research, the global mHealth market is expected to manifest a CAGR of 22.3% from 2020 to 2027 and is expected to reach $230,419 million by 2027.
mHealth to share clinical data:
While mobile health is mainly concerned with education, awareness, diagnosis, and treatment, it is widely used by medical care units, hospitals, and healthcare centers to share valuable clinical data with other facilities and patients or for internal purposes. A recent update from the U.S. is enough to shed light on this.
Five authorized children’s hospitals anticipate funding from the federal as huge as $48 million as they launch a Regional Pediatric Pandemic Network. This network will use technologies such as mHealth and telehealth to share data and practices to ensure effective emergency readiness and medical service response.
The grant will help establish a connected health network based on a hub-and-spoke model. The network will be established between the Rainbow Babies and Children’s Hospital, Norton Children’s Hospital, the University of Utah’s Primary Children’s Hospital, among three other hospitals.
The officials and the initiative supporters claim this network to be the mother of all networks. A prime factor of this impressive network will be mHealth and telehealth platforms, which will allow users to share data without any hassle and risk of damage.
Established in 2016, the EMSC Center is co-managed by UH Rainbow Babies and Children’s and the Austin Dell Medical School based at the University of Texas. In addition, it partners with known names such as Yale University to improve healthcare results for children admitted to emergency settings.
Innovation efforts in mHealth:
The pandemic has taught many lessons to the medical and healthcare sector and motivated them to become innovative, creative—leverage technological advantages to serve patients as quickly and accurately as possible. As a result, even universities are making efforts to be useful in developing healthcare processes.
The UC San Diego Health System takes innovation seriously and moves toward doing credible Telehealth and mHealth innovations.
The system is striving to develop, and in some cases, commercialize innovative mHealth and telehealth platforms and devices. The system has recently announced the launch of the Center for Health Innovation.
The center will develop, test, and commercialize technologies that can be useful in the real world and make a difference in the treatment and health of patients. The UC San Diego Health’s CEO, Patty Maysent, issued a press release saying that every U.S. hospital faces common challenges continuously improving patient experience, results, and safety. And hence, the research efforts will focus on the same.
He said that the center would pick up the real-world issues of the medical sector, such as diabetes, and strive to develop a solution that will offer a safety-oriented solution to the patients.
The efforts also include a valuable partnership with the Techna Institute of the University Health Network’s campus at the University of Toronto. Techna Institute has been working with various health systems on digital therapeutic devices, among other programs. The Center for Health Innovation and Techna Institute have already collaborated in the past to develop CA Notify. It is a smartphone-based mHealth service that runs smoothly on Google and Apple platforms and lets users know if they’ve been exposed to someone infected with COVID-19.
Spreading mHealth awareness is another trend:
Medical centers, IT companies, MedTech startups, universities, research centers, and governments across the globe are working together and independently to spread awareness of mHealth solutions among medical professionals and patients as the value of health and life is understood deeply during the pandemic.
One of the biggest challenges to telehealth and mHealth acceptance is digital literacy. Both and patients and medical professionals hesitate to accept a new technology if they are not aware of its benefits and operations.
For a few years, healthcare institutions have launched many programs to address this concern, connect with patients, and teach them how to use mHealth apps, devices, and other tools.
Experts at Johns Hopkins Medicine have created a new instrument to count digital literacy among patients. In addition, the researchers have integrated that tool into the Epic electronic health records of the Baltimore-based health system. This is done to help the medical staff identify patients who need help learning mHealth and telehealth tools.
The above-mentioned trends are enough to understand the post-COVID-19 medical and healthcare sector and how the efforts are being made to ensure that humankind, especially the medical sector, stays ready if the world has to face a severe clinical calamity in the coming future. The focus is on developing an easy-to-access database, accurate mHealth devices, and virtual treatment and healthcare services. Therefore, the future of the mHealth market is bright indeed.