Digital Health Market Insights 2018-2025: The Future of Healthcare Is Already Here

Report provides the detail analysis on "2018-2025 Digital Health Report on Global and United States Market,Status and Forecast,by Players,Types and Applications"

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Albany, NY -- (SBWire) -- 04/30/2018 --The prospect that digital health technology is essential to making care convenient has pushed the stakeholders in the health industry to collaborate with technology developers. Portable diagnostic equipment, telemedicine tools, mobile healthcare apps, data-driven software – these are a few popular digital tools that have changed the mechanics of healthcare delivery.

Digital health: cultural transformation of the traditional healthcare system

According to our industry experts, digital health has ushered in a qualitative change in the delivery of healthcare services. While many think it is technology that is changing the traditional healthcare framework, it is actually the cultural aspect that lies at the crux of this transformation. Physicians no longer lead the medical paradigm. It is this disruption of the statuesque that has captured the interest of industry experts, researchers, investors, and policy makers.

Technologies pushing digital health to the forefront of healthcare delivery

Digital health solutions have moved ahead of the basic telemedicine tools. Genomics, next-generation capsules, and algorithmic medicines have given the much needed 'push' to this healthcare model and have redefined healthcare technology.

Genomics: A tangible reality, genomics came into the spotlight with Crispr-Cas9 – the most sought-after gene-editing technology. The information gathered through the digital devices is used by Crispr to snip away the aberrant regions of the genetic code and replace it with the correct sequences. This technology has opened immense possibilities as it can be a cure for HIV, as well as genetic disorders like sickle cell disease.

Algorithmic medicines: Another huge breakthrough in digital healthcare, algorithmic medicines make the most of the huge avalanche of data generated in the form of patient health information, clinical trials, scientific studies, and new research papers. The critical insights gained from this accumulated data are deciphered through AI and machine learning, and are used by drug makers to improve the drug quality along with changing the way in which administrative operations are handled in conventional hospitals.

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Read: 7 Ways in Which Digital is Transforming the Healthcare Industry

These technologies along with telehealth tools help achieve the three major goals of healthcare systems:

1. Enhanced patient engagement – Digital medicine and health technology is tailored as per the specific requirements of each patient. This results in better management of health records for patients with multiple health concerns or chronic diseases, seamless communication with physicians, active participation of physically disabled patients, and an empowered patient community.

2. Convenient and cost-effective care delivery model – The Big White Wall is one of the best examples of the cost-effective healthcare delivery model. The web platform, which is already being used by the National Health Service, offers live therapy through audio, video, and text messages. It also provides patients access to educational content on behavioral health issues and helps obtain peer support.

This model has already produced $540 in savings per NHS member per year. Policy makers are planning to popularize this platform among the rural U.S. communities, where shortages of mental health professionals and privacy concerns sometimes deter people from seeking help.

3. Enhanced decision-making – Digital technology enables patients to get a realistic picture about their health condition, choose treatment options based on their budget, and make the best possible decisions at the appropriate time. Interactive digital tools also improve the overall satisfaction level of patients and provide them opportunities to save money on prescription drugs and routine care.

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