Digital transformation is rapidly transforming the health care industry. Research carried out by Adroit Market Research has reported that the market for digital transformation in healthcare market will touch $210 billion by 2025.
— Global Digital Transformation in Healthcare Market
The strong competitive pressure is proving to be a critical driver for the digital transformation in healthcare industry. The digital transformation of healthcare is going to witness an expansion by institutional interest in cost reduction and improvement in patient engagement. Enlarged pharmaceutical investment, regulative strengthening, payer handler engagement in digital tools and higher property in telemedicine through consolidation is to be expected in the coming years. The global market size for digital transformation in healthcare is anticipated to reach USD 210.00 billion by the end of 2025.
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The advantages of digital transformation were quickly realized by healthcare executives. Education is an evident application of increased reality in the healthcare field. Healthcare staff required to attempt on anatomy and dealing of a body. AR applications allow learners to look at and communicate with 3D representations of bodies. Even its tool to let patients perceive the surgery technique. Except for that, in fast analysis and drug discovery procedures, AI has a vital role to play. Its use can cut down on the time required for a drug to travel from laboratory development to the patient.
User health is hugely influenced by wearable devices. Wearable technologies redefine patient diagnostics, disease management, and preventive treatment techniques by combining hardware, predictive analytics, and mobile apps. Since Apple announced the official launch of CareKit and ResearchKit in 2016, one point had been quite clear: wearable devices would play an important role in how we think about and how we act on our health.
Today, for almost everything, there's an interconnected wearable app. Life-threatening conditions can now be better managed by combining a wearable physical product that sends information for evaluation and suggestions to a website or mobile app. Users can share their health records in real-time and obtain faster, more precise diagnosis via wearable devices. In some cases, you even manage your conditions on-the-go.
This means that medical experts are able to use constant data flow to better diagnose and treat patients, such as blood pressure, breathing patterns, and sleep. In addition, omnipresent wearable technology allows patients to take responsibility for their own health. They are more conscious of their daily practices with user-friendly, minimalist and unobtrusive features.
Looping onto the regional overview, the global digital transformation in healthcare market is a wide range to North America, U.S., Canada, Europe, Germany, United Kingdom, France, Italy, Asia Pacific, India, Japan, China, South Korea, Central & South America, Brazil, Mexico, and the Middle East & Africa. Leading players of the global digital transformation in healthcare market includes HealthVault, SentiAR, Xealth, Meditech, Fitbit, Apple, and Osso VR.
Get the access of more information through our Blog, White Paper and Case Study:
1. Blog on “Medical Insurance Providers Partner with Wearable Tech Giants for Modified Preventive Healthcare”
Digital transformation in healthcare is expediting at an astral pace with diverse result oriented welfare schemes funded by international agencies. Wearable technology is harnessing ample possibilities in digitized ecosystem for effective transformation. Besides the conventional device excellence such as smartwatches and wearable sensor induce bands, the future of digitization in healthcare is further enhanced with breakthroughs in sensor technology.
2. White Paper on “Burgeoning Disease Fatality to Leverage Fast Paced Digital Transformation in Healthcare”
Burgeoning Disease Fatality to Leverage Fast Paced Digital Transformation in Healthcare
Need for large scale and pervasive business modifications to align with process alterations has necessitated reliance on digitization and associated operations alterations.
Table of Content:
Chapter 1 Executive Summary
Chapter 2 Research Methodology
2.1 Research Approach
2.2 Market Size Estimation Methodology
2.4 Key Definitions:
2.7 Data sources
Chapter 3 Global Digital Transformation in Healthcare- Market Outlook
3.2 Key Trends
3.3 Technology & Innovation Landscape
3.4 Case Studies
3.5 Use Cases:
3.6 Key Initiatives & Impact Analysis
Chapter 4 Global Digital Transformation in Healthcare- Regional Outlook
Chapter 6 Conclusions & Recommendations
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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