What are the Trends that will Shape the Digital Healthcare Market in 2021?
Covid-19 is the first epic pandemic in the digital age. “Never Let a Good Crisis Go To Waste” — By Winston Churchill.
This is the time when digital healthcare solution providers can prove themselves better.
We can expect a formal expansion of Telemedicine in 2021.
Current trends in the healthcare industry 2021
New trends in 2021 talk about Telemedicine, TeleHealthcare Apps, and wide networking with IT solutions. Providers have to shift where the demand arises.
In one of the FORBES articles, they read, “As Patients increasingly prefer virtual tools, digital self-enrollment capabilities, such as scheduling appointments, providing healthcare/ insurance information, receiving pre-and post-appointment, online communications will increase in demand.
Additionally, we want more technology for active and passive patients. Digitization promises to make medical care easier and more efficient.
But are screens coming between doctors and patients?
The digital market will grow up to 2.45 million dollars by 2026; this is the power of technology and empowerment.
“In VRx, Brennan Spiegel reveals a revolutionary new kind of care: Virtual medicine.
It offers the possibility of treating Illness without solely relying on intrusive surgeries or addictive opioids”.
There is also a dynamic development of national and local health platforms providing patients with electronic records and health management.
Health platforms will also play a central role in population health; they can transform the system from chaotic care to continuous, holistic, and coordinated care, improving patients’ experience.
Impressive progress is made in Artificial Intelligence, according to the forecast of healthcare providers. AI algorithms are more used in diagnostics systems, genomics, and the development of new drugs.
Artificial Intelligence helps people to live healthy lifestyles, predict diseases earlier and live longer.
Regarding international corporations in digital health, promote secure storage and sharing without exploitation of growth.
We have no surprise in growing the internet of medical things that everyone should be ready for today.
In 2021, every company will learn to become a healthcare company, too, as safeguarding employees and customers becomes a core requirement of doing business.
When doctor’s clinics are not open for all in the lockdown, Chatbots and AI-Powered health services support the populations.
They can reduce the visits to doctors and the administrative burden on the government and doctors.
Europe is expected to have a shortfall of 4.2 million healthcare workers by 2040; around a third of European clinicians think of leaving their profession.
The imbalance between the supply and demand for formational services is growing. So decentralization makes it easier and more formal.
2021 has used the Digital Therapeutics DTx; The Digital Healthcare Act (digital- versogubg-Gesetz, DVG) came into effect on December 19th, 2019, introducing the “app on prescription” as part of healthcare provided to patients.
These applications can be prescribed by physicians and psychotherapists and are reimbursed by health insurers.
Talking about the Australian, since March 2020, more than 30 million telehealth services have been delivered across Australia.
To support this, in 2021, they’re working in partnership with clinical consumers and industry stakeholders to embed clinical consumer technology perspectives in the development of relevant telehealth standards in areas such as privacy and security.
The agency is also working with stakeholders to develop digital health solutions and enable users to enjoy all the benefits that telehealth and virtual care can offer, such as electronic prescribing.
E-prescribing supports Australia’s COVID-19 response, providing a safer and more efficient supply of medications for consumers whether in person at a clinic or Via a telehealth consultation.
Nearly all Australians now have the choice of an electronic script instead of a paper one. Since May 2020, over 4 million electronic prescriptions have been generated.
NEW OPPORTUNITIES IN DIGITAL HEALTH
As a result of the pandemic era, there is a rapid growth of AI in the market.
Also, the availability of big data and demand to reduce healthcare costs drive the market’s growth.
In this context, four trends are expected to dominate healthcare in 2021:
- AI & Analytics, to mark a transition in healthcare:
AI looks at a patient’s electronic health records (EHR) and predicts possible health adverse outcomes. In addition, due to covid-19 testing, people get aware of protein sequencing and other molecular tests.
Cloud data analytics platforms are looking into the healthcare industry with the autoscale to accommodate a huge volume of patient data.
- Digital technologies make HealthCare more Sustainable:
Telemedicine has always bridged the gap between rural and urban- demand and supply chains in India, Canada, Australia, and the United States.
The Aarogya Setu application in India is the best example of cost-effective technology.
Also, the virtual interactions between the patients and doctors, saving almost 30% of the cost drivers.
- Safeguard the health in a holistic manner
Momentum has been built in the people’s view for health & well being.
Furthermore, lockdown brings stress, anxiety, insomnia, and depression, leading to a huge psychological issue.
There were innovations such as telepsychiatry consultations and toll-free numbers from governments and corporates.
- Regionally health should be the priority.
Your health should be on the top of the list. Because if you are sick, every other aspect of your life suffers. E.g., if you are sick, you can not work properly.
Healthcare app developers play a vital role in the well-being of society and futuristic technological developments.
Education, Medicine, and training help to keep people aware of pandemic times. Technology and other inventions also help us to indulge in the process.
Telemedicine is expected to be the leading industry in the 2021 global data survey says.