Assessing Health Technology Growth in 2022



A trend in healthcare is not new as the healthcare industry is rapidly consolidating due to technological advancements.

FREMONT, Calif.: Health is a crucial and dynamic industry. It is one of those industries full of new perspectives and innovations due to the continuous desire for innovation, improvement in its results, quality, accessibility and affordability.

There has been a shift from harnessing technology for advanced specialist treatment to prevention and primary care, such as wearable devices that track patient data remotely.

Companies in the health sector have experienced digital revolutions in recent years to better adapt to the current environment. This has greatly expanded the range of technology-driven healthcare options.

Several current and emerging technologies will have a beneficial future impact on the healthcare industry. Healthcare professionals and organizations benefit greatly from artificial intelligence, machine learning, virtual reality, augmented reality, and wearable technology.

Digital health to the rescue

Digital health continues to grow in importance in everyday life, making it an invaluable tool for medical device developments by 2022.

The global digital health market was $96.5 billion in 2020 and will grow at a compound annual growth rate (CAGR) of 15.1% between 2021 and 2028.

Global Wearable Sensors Market is projected to grow at a CAGR of 29.3% between 2021 and 2028, from USD 660.89 million in 2020 to USD 5,208.05 million in 2028.

Wearable devices and smart gadgets can monitor every patient activity, including sleep patterns, heart rate, calorie intake and exercise duration. This can help caregivers fully understand the patient’s condition and modify their care accordingly.

For example, wearable gadgets can detect and alert doctors to a patient’s abnormal electrocardiographic pattern, reducing the risk of more serious illnesses.

The combination of these digital medical devices, such as wearables, health sensors and trackers, with the Internet of Things allows patients to review their data on their own devices.

They have enabled the systematic advancement of individualized healthcare and will continue to be a key part of medical device trends in 2022.

Improved data science and predictive analytics

The predictive healthcare analytics market is expected to grow from $3.74 billion in 2019 to $28.77 billion in 2027.

Data from patients with chronic diseases is difficult to compress. Nevertheless, significant advancements in data science and predictive analytics have given clinicians access to deeper insights, such as obtaining ancestry and family history information and patient identification. high risk to effectively diagnose diseases.

The complexity of cybersecurity

The Cybersecurity Mesh operates on a zero-trust network model. He points out that no device should be trusted and allowed to access the wider network. Previously, perimeter-focused security determined that more than 34% of data was accessible to network leaks and breaches. The cybersecurity mesh is expected to improve cybersecurity for many businesses. According to some research, this security design could reduce the financial impact of a security incident by 90%.

blockchain

Each time a connected device is involved in a transaction, the blockchain system will generate identical blocks. When data from a computer is accessed, modified, shared or otherwise processed, a block is created on all devices to store the data locally.

From 2021 to 2028, the global blockchain technology in healthcare market will grow at a CAGR of 21.70%.

The inability to securely communicate and access sensitive patient data has caused significant harm to the medical industry. For true interoperability, however, blockchain will allow for very flexible openness while adhering to the highest security standards.



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