The Era of Smart Healthcare: Global Healthcare Outlook Deloitte 3 Trillion Dollars

The Era of Smart Healthcare
Herbs, Tablets and now Technology. Our health sector has undeniably gone through a dramatic
change since time inception. While Herbs and Tablets remains an important aspect of every health
sector, smart healthcare is growing at an alarming rate and here is ‘’Why’’
Ranging from the numbers behind the incredible stats smart healthcare have developed to the
endless opportunities it holds, this piece got you covered, so sit back and enjoy a good read.
Global Health Care Challenges
Before we dive into the potentials of smart healthcare, we would like to pinpoint a few global health
challenges affecting the health sector.
A research on the global healthcare outlook carried out by Deloitte
Over 3 trillion dollars was spent on health care issues in the US in 2018 alone. While the US remains
the country with the biggest budget in terms of healthcare, they are still at the lower half of the
Organization for Economic Cooperation and Development.
It is of importance to note that expenditure alone does not account for the reliability of the
healthcare services provided in any region. The major determinants or cost drivers of the health
outlook of any given region are
 The ageing population attributed to that region

 Pattern of care rendered
 Expenditures
 Therapeutic advances.
The constant growth of health-related facilities has made the issue of funding a major challenge to a
vast volume of health sectors across the globe. Procuring a reliable medical service from most
government-owned hospitals have become a bit expensive to individuals. The expensive nature of
reliable health amenities has made a lot of health system in the US and abroad resign to partnering
and merging with other enterprises in other to tip the economy in their favour.
For instance, in India, the need for more financially sound operating models have made the
partnership between highly rated app development companies and the health sector possible. Some
other measures being carried out by most health systems to cut cost includes
 Developing alternative staffing models

 Shifting patients to outpatient services
 Reducing administrative and supply costs
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A New Form of Healthcare
About a decade ago, the word ‘’smart’’ was mainly attributed to the best mobile phone or android
app development services in the market but with thousands of Artificial intelligence and cloud
computing amenities having a substantial say in our medical institutions, attributing ‘’Smart’’ to our
medical facilities have become possible.
Smart healthcare as defined by Blue Stream Consultancy is a technology that leads to better
diagnostic tools, better treatment for patients, and devices that improve the quality of life for
anyone and everyone.
Key Concepts of Smart Healthcare

Infographic on Smart Healthcare Key Trend by Deloitte
e-Health
Smart healthcare was introduced to better the lives of individuals across every part of the globe.
Information and Communication Technology have become a major player in almost every sector
across the globe due to its educative influence, viable research potential and its ability to help tackle
technical workload.
Smart healthcare’s reliance on the effectiveness of e-Health was further elaborated on by the
European Union stating its ability to meet demand for the delivery of high quality, readily available
services in spite of zero-growth or decreasing health budgets.
m-Health
mHealth introduces smart healthcare’s ability to tackle medical issues in the most mobile way
possible. Operating on a hand in hand basis with IoT, m-Health provides healthcare services via
mobile phones, patient monitoring devices and tons of other smart mobile amenities available.
m-health services are in most cases a product of mobile app development companies. Most mobile
phones today are compatible with numerous health-related apps such as Yo Doctor app {for keeping
a tab on health-related issues} HealthyBazer {for selling herbs} and lots of other smart healthcare
applications.
Smart Medical Devices

Thousands of medical devices and applications used for Keeping a tab on the calories burnt per day,
taking note of the number of steps made in a day, checking body weight, creating DNA tissues etc.
are created daily by numerous app development companies across the globe. The efficiency that
smart healthcare has displayed over the years have made a vast volume of the mobile app
development agencies available dive into the healthcare sector.
Build a Reliable smart healthcare App
How Smart Healthcare is Changing the Medical World Globally
Smart healthcare was introduced to make life better. Apart from the regular day to day health care
applications that we make use of, there are tons of other smart healthcare technology and
applications that provide room for better diagnostics and more personalized therapeutic tools.
Cognitive computing
While we can easily boast of millions of medically inclined doctors and scientist, keeping a tab on the
ever-changing analysis affecting the modern world would be impossible without the usage of
cognitive computing. Millions of mobile app developers and health specialist fancy the usage of
cognitive computing to derive a workable analysis from the vast volume of healthcare data available.
Cloud-based, interoperable electronic health records
Our reliance on artificial intelligence in carrying out a massive volume of our day to day activities has
had its impact on the medical world. The cloud-based system storage and the interoperable
electronic health records that smart healthcare provides enables medical specialists keep track of
information in the safest possible way.
Internet of Medical Things
If you are familiar with the term ‘'internet of things'' then the inclusion of ‘'Medical'' wouldn't sound
alien. Internet of medical things has provided valuable time-saving strategies and opportunities in
remote clinical monitoring, chronic disease management, preventive care, assisted living for the
elderly and fitness mentoring. The interconnectivity it provides has helped boost efficiency while
reducing cost in thousands of medical facilities worldwide.
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Smart Healthcare Technologies

Outlook on the Relevance of Smart Healthcare Technology by Deloitte
3D Printing
3D printing which originally wore the architectural scope for creating animations and designs have
become a common technology for the smart healthcare system. Nanotechnology and 3D printing are
used to design tissues and white blood cells for individuals from all scope of life. A huge number of
app development companies make use of 3D printing services in designing medical applications.
Companion diagnostics
Companion diagnostics is an in-vitro diagnostic device or an imaging tool that provides information
that is essential for the safe and effective use of a corresponding therapeutic product. Trail and
errors in healthcare have led to the deaths of uncountable numbers, with Companion diagnostics,
the need for trial and error is completely eradicated leaving room for authenticity. A lot of Mobile
app development agencies also utilise this technology in creating diagnostics applications for mobile.
Synthetic Biology
The ability to create DNA, genomics, and proteomics are advancing rapidly. With millions of medical
research concurring to the fact that the recreation of DNA is possible, the creation of healthcare
technologies suitable for carrying out such a complicated task has become common among
numerous app development companies.
Biosensors and trackers

Thousands of individuals suffer from drastic health conditions that can lead to brain loss and comma.
Keeping a tab on such patients have remained problematic to millions of health care facilities
worldwide. Since the inception of smart health care, the development of suitable apps by reliable
app development companies have enabled medical specialists to keep a concise and accurate tab on
their patients.
Smart healthcare is undoubtedly the future of the healthcare industry globally. Diving into its usage
as an early bird would provide room for millions of life-changing advantages.
In need of a ‘’Free’’ smart healthcare mobile app development consultation? Contact Us

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The Era of Smart Healthcare

Global Health Care Challenges

A research on the global healthcare outlook carried out by Deloitte

 The ageing population attributed to that region

 Developing alternative staffing models

A New Form of Healthcare

Key Concepts of Smart Healthcare

Smart Medical Devices

Build a Reliable smart healthcare App

How Smart Healthcare is Changing the Medical World Globally

Cloud-based, interoperable electronic health records

Internet of Medical Things

Need a Smart Healthcare Application? Parangat got you Covered

Smart Healthcare Technologies

Biosensors and trackers

In need of a ‘’Free’’ smart healthcare mobile app development consultation? Contact Us

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