According to the MarketData forecast, the market size of the Digital Health sector is assumed to rise at an annual growth rate of 19.4% during the 2020-2025 timeframe.
According to reports by the World Health Organization (WHO), digital healthcare can help decrease the deficit of medical professionals which is predicted to be around $9.9 million by 2030.
When the world was hit by the COVID-19 pandemic, every institution and company had to adapt to contemporary and unique ways to keep their business running. This was also applied to the medical sector. The COVID-19 pandemic changed the face of healthcare organizations as the traditional methods of appointment booking and physical visits were not encouraged or considered to be safe.
To maintain safety and offer convenience to both healthcare providers and receivers, telemedicine solution is the answer. In the coming years, the value and adaptation of digital healthcare and telehealth are going to touch the roof.
What is Telemedicine?
Putting it in simple terms, telemedicine is the exchange of medical information remotely with the help of electronic communication. Due to such a rapid increase and development in the field of technology, telemedicine was introduced to benefit not just healthcare receivers but also healthcare providers and organizations.
Its main purpose was to reach out to the patients living in remote regions and people with severe and recurring health problems.
What Is HIPAA Compliant Telehealth?
Health Insurance Portability and Accountability Act, 1996 ( HIPAA ) is the United States Of America legislation that administers data security and privacy for protecting valuable medical information. It helps set certain standards and benchmarks that are mandatory to be followed industry-wide.
There are rigorous standards set for medical professionals who wish to adhere to the HIPAA guidelines on telemedicine. They are as follows:
- To protect the principle of Protected Health Information ( ePHI ), a system for secured communication should be implemented
- Only authorized users can access to ePHI
- Monitoring should be included to prevent accidental breaches of security
Latest Trends in Digital Healthcare
The following are some of the latest trends in 2020 that will help increase scope and range of telemedicine:
The adoption of artificial intelligence (AI) in healthcare is expanding while entirely changing the face of healthcare delivery. AI is being employed in hospitals, healthcare organizations, clinical laboratories, and research facilities. AI involves implementing machines to sense and comprehend data just like humans. This has opened up previously unrecognized opportunities for clinical practitioners and healthcare organizations.
Artificial intelligence (AI) is being utilized to determine potential diagnoses and decide on the best treatment plan for a specific patient. Furthermore, AI can help predict which patients are more likely to have postoperative complications, allowing healthcare organizations or hospitals to provide early interventions when necessary.
Internet of Medical Things
IoT development plays an important role in diagnosing and remedying chronic illness via devices and mobile applications. The integration of IoT with Telemedicine has led to the evolution of the Internet Of Medical Things (IoMT). This kind of technology offers healthcare via several wearables devices.
5G for instant healthcare
Telehealth requires a network that can support real-time high-quality video, which often means wired networks. With 5G, healthcare systems can enable mobile networks to handle telemedicine solutions effectively, which can greatly enhance the reach of healthcare organizations. Virtual reality headsets for students, drones to deliver medicines, etc are some of the examples.
Currently, only 7% of healthcare is being digitized but due to the onset of newer technologies and COVID-19, more and more health professionals are opting for digital healthcare and telemedicine solutions. With more adaptations of mobile healthcare apps and gadgets, digital healthcare would be available for everybody around the world.
If you’re looking for an end-to-end doctor-patient consultation solution, then Channelize.io Telemedicine Solution can be the one-stop solution for your healthcare technology.
Here are some of the features of Channelize.io Telemedicine Solution
- Symptoms inquiry, diagnostic reports & lab test results sharing over chat
- Discuss health issues & queries in real-time over Video & Audio calls
- Generate & share e-prescription over Chat
- Easy Appointment booking & scheduling
- Completely white-label and customizable solution
If you’d like to know more about the Channelize.io Telemedicine solution, feel free to visit our website.