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The key direction of development in the healthcare industry is new technologies. Breakthrough new technologies and medical devices that healthcare professionals expect to transform into their healthcare organizations over the next 5 years include artificial intelligence, big data, 3D printing, robotics, wearables, telemedicine, immersive media, and the Internet of Things, among others.
Artificial intelligence (AI) in healthcare is the use of sophisticated algorithms and software to mimic human cognition in the analysis, interpretation and understanding of complex medical data.
Tom Lowry, Microsoft’s national director of artificial intelligence, describes artificial intelligence as software that can map or mimic human brain functions such as vision, language, speech, search, and knowledge, all of which are being applied in unique and new ways in healthcare. Today, machine learning stimulates the development of a large number of artificial intelligences.
In our recent survey of healthcare professionals around the world, government agencies rated AI as the technology that could have the biggest impact on their organizations. In addition, respondents at the GCC believe this will have the biggest impact, more than any other region in the world.
AI has played a major role in the global response to COVID-19, such as the Mayo Clinic’s creation of a real-time tracking platform, diagnostic tools using medical imaging, and a “digital stethoscope” to detect the acoustic signature of COVID-19.
The FDA defines 3D printing as the process of creating 3D objects by building up successive layers of source material.
The global 3D printed medical device market is expected to grow at a CAGR of 17% during the forecast period 2019-2026.
Despite these predictions, respondents to our recent global survey of healthcare professionals do not expect 3D printing/additive manufacturing to become a major technology trend, voting for digitization, artificial intelligence and big data. In addition, relatively few people are trained to implement 3D printing in organizations.
3D printing technology allows you to create highly accurate and realistic anatomical models. For example, Stratasys launched a digital anatomical printer to train physicians in reproducing bones and tissues using 3D printing materials, and its 3D printing lab at the Dubai Health Authority Innovation Center in the UAE provides medical professionals with patient-specific anatomical models.
3D printing has also contributed to the global response to COVID-19 through the production of face shields, masks, breathing valves, electric syringe pumps, and more.
For example, eco-friendly 3D face masks have been printed in Abu Dhabi to fight the coronavirus, and an antimicrobial device has been 3D printed for hospital staff in the UK.
A blockchain is an ever-growing list of records (blocks) linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.
Research shows that blockchain technology has the potential to transform healthcare by placing patients at the center of the healthcare ecosystem and increasing the security, privacy, and interoperability of healthcare data.
However, healthcare professionals around the world are less convinced of the potential impact of blockchain – in our recent survey of healthcare professionals from around the world, respondents ranked blockchain second in terms of expected impact on their organizations, slightly higher than VR/AR.
VR is a 3D computer simulation of an environment that can be physically interacted with using a headset or screen. Roomi, for example, combines virtual and augmented reality with animation and creative design to enable hospitals to provide interaction with the pediatrician while alleviating the anxiety children and parents face in the hospital and at home.
The global healthcare augmented and virtual reality market is expected to reach $10.82 billion by 2025, growing at a CAGR of 36.1% during 2019-2026.
The Internet of Things (IoT) describes devices connected to the Internet. In the healthcare context, the Internet of Medical Things (IoMT) refers to connected medical devices.
While telemedicine and telemedicine are often used interchangeably, they have different meanings. Telemedicine describes remote clinical services while telemedicine is more commonly used for non-clinical services provided remotely.
Telemedicine is recognized as a convenient and cost-effective way to connect patients with healthcare professionals.
Telehealth comes in many forms and can be as simple as a phone call from a doctor or can be delivered through a dedicated platform that can use video calls and triage patients.
The global telemedicine market is expected to reach US$155.1 billion by 2027, growing at a CAGR of 15.1% over the forecast period.
As hospitals are under increasing pressure due to the COVID-19 pandemic, the demand for telemedicine has skyrocketed.
Wearable technologies (wearable devices) are electronic devices worn next to the skin that detect, analyze and transmit information.
For example, Saudi Arabia’s large-scale NEOM project will install smart mirrors in bathrooms to allow instances to access vital signs, and Dr. NEOM is a virtual AI doctor that patients can consult anytime, anywhere.
The global market for wearable medical devices is expected to grow from US$18.4 billion in 2020 to US$46.6 billion by 2025 at a CAGR of 20.5% between 2020 and 2025.
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Post time: Mar-21-2023