Healthcare, the topmost popularity gained industries, which continuously evolving, especially after the outbreak of the pandemic. Additionally, the IoT market is experiencing the fastest growth in healthcare connected devices. Good News Wire has stated, Market for IoT in Healthcare will Grow to USD 176.82 Billion by 2026. (Source)
No doubt, IoT in healthcare sector is transforming its picture by redefining and rebuilding the space of devices and people interaction in delivering healthcare solutions and services. IoT Application in Healthcare that benefits each sphere, including patient, doctor, hospital, ground-level staff, and others. IoT can reduce costs associated with healthcare, medication refills, and manufacturing with its ability to streamline processes. Market trends show that the internet of things has the potential to transform healthcare.
IoT offers many opportunities to healthcare organizations in the process of conducting operations and treating patients. Some of those opportunities have been already explored, while some need to be unleashed in the upcoming time. So, let’s see how the healthcare sector still effectively utilizes a variety of IoT wearable devices to leverage an array of benefits.
4 Mind-Blowing Ways IoT is Redefining Healthcare Industry
There is more than one reason why IoT in healthcare holds the fastest-growing market. Reasons like the capabilities of connected devices to monitor machines, equipment and operations, alert on critical situations and automates complex processes.
Besides, confront healthcare organizations, service providers and clinics to meet their efficiency and productivity goals. Aside from bringing accuracy, focusing more on human safety, reducing operational costs, and meeting compliance standards, IoT integration also brings some key benefits.
In this article, we will discuss how the healthcare industry can cover the maximum benefits of utilizing IoT in multiple ways. So here are the top 4 use cases of IoT in healthcare industry.
1) Advanced Remote Patient Monitoring
The Healthcare sector is no longer bound by a brick-and-mortar approach. With IoT-enabled healthcare, doctors can now capture the vital activities and statutes of patient health remotely. Through IoT Applications in Healthcare, doctors are empowered to provide immediate treatment and longer-term prevention. IoT integration with RPM (Remote Patient Monitoring) enables healthcare professionals to proactively respond to crises, discomfort, or symptom exacerbation scenarios before a patient’s condition deteriorates. This results in the following advantages:
- Better health outcomes
- Cuts back on readmissions
- Lowers the cost of care
- Increases worker productivity
- Permits self-care
- More active patient participation
2) Monitoring of Stock, Staff, and Patients
Just like other organizations, the healthcare sector also works toward reducing operational costs without sacrificing the need of any patient or staff. While enhancing overall workflow efficiency and managing things end to end is another reality. Staff members, medicines, and other requirements vaccines and patients records and managing them efficiently emerge as a high priority task.
Developing IoT Application in Healthcare that empowers the healthcare sector to seamlessly perform administrative activities. For example, IoT-based wireless ID cards make it possible for hospitals to digitally track the overall presence of employees & staff with a minimum amount of effort. Moreover, automates patient admission, improves security, and increases the overall performance of staff. In case of an emergency, staff employees may be found using RFID tags and BLE (Bluetooth Low Energy) beacons to track the position of the inventory.
Inventory managers can save time by using RFID and the IIoT instead of human tracking and reporting. Each item is monitored, and information about it is automatically entered into a huge data warehouse. Automated asset tracking and reporting save up to 18 hours of working time each month and reduce the probability of human error.
3) Pharmacy Management
Pharmacy automation and IoT devices are transforming medicine manufacturing. Future workers’ attention spans will change as a result of pharmaceutical automation and Internet of Things technologies. They will be able to leave behind the counter and actively engage patients on their health rather than merely completing prescriptions and counting pills from a container.
According to the University of South Florida, more doctors will be prescribing wearable gadgets as the IoT makes them more accessible and affordable, and pharmacists will be more concerned with educating patients on how to utilize them. IoT-powered pharmacies can promise increased operational effectiveness and efficiency, secure medicine dispensing free of mistakes, and overall higher patient satisfaction.
4) Virtual Healthcare Assistance
According to market data by Meticulous Research, the worldwide market for virtual assistants in healthcare is predicted to increase at a CAGR of 24.7% from 2018 to reach $1.76 billion by 2025.
In hospitals and at home, virtual assistants remind patients when to take their medications, remind them to take medical advice, remind them to take notes, etc. Patients are saving money by using voice-based virtual assistants like Amazon Echo or domain-specific versions like Orbita Health to stick to drug regimens, adhere to schedules, and more. They instruct the patients on a process, provide health advice based on their prior medical conditions, and manage associated information to enhance recommendations and experiences.
Concluding Lines for IoT in Healthcare Industry
IoT is performing well in other industries. And in healthcare it is refining the way hospitals and clinics operate and serve their patients by removing the gap between doctors and patients, dragging them closer than ever. Customized Medical IoT Solution helps healthcare organizations improve patient comfort and safety, keep close track of various connected elements, including patient health, medical equipment performance, and health, and make data-driven decisions for the patient’s further process.
Want to explore more how IoT is transforming the healthcare sector in 360 degrees? Or want to streamline your healthcare organization workflow? We are here, your helping hand. Connect with our experts and strategist for your business’s digital transformation journey now!!