The Impact of Tech Advances in the Healthcare Industry
Many technology solutions and software products aim to improve productivity, increase revenue, reduce costs or significantly minimize manual errors in digital organizations. However, these advances have a much greater impact on the success of a business. Technology is finding its place in every industry from banking to retail and hospitality. But, some of the most critical advances are being made in healthcare, where technology is aiming to make life better and longer for all. With enhanced interaction between doctors and patients, improved data management and new mobile innovations, technology in healthcare is improving medical efficiency, quality of care and life. Let’s explore four recent innovation examples in healthcare and how they are making an impact:
Robotics in healthcare is a fast-growing trend. Robotic technology in this industry is used not only by means of wearable robotic devices, such as prosthetic arms or legs, but also as a way to help surgeons perform surgery, controlling the process by making complex, detailed maneuvers. Zooming down to a smaller scale, nanobots are also making their way into the world of medicine. At the scale of a nanometer, they are used to perform intricate tasks that couldn’t be done before by humans—like killing specific cancer cells or delivering drugs to target tissues. As an example, nanobots to treat cancer were developed at Israel’s Bar-Ilan University. These bots have replaced radiation therapy. Now, instead of also irradiating healthy cells as part of treatment, the bots can accurately target and deliver drugs to bad cancer cells, distinguishing among the various types.
Wireless Tracking Technology
The main benefit of wireless technology in medicine is that it gives consumers 24/7 access to numerous health-related indicators, detecting and monitoring conditions in real time. Wireless tracking technologies now, not only track patients’ pulse, steps, and sleep hours, but also track temperature, blood pressure, fertility, and oxygen saturation. Doctors are also able to use similar products while diagnosing. As an example, with the digital stethoscope by Eko, it’s possible to capture lung and heart sounds and transmit them via Bluetooth to the Cloud and then transfer the results to a smartphone, providing more advanced measurements and diagnosis. All these innovations are integrated with mobile applications significantly improving the quality and scope of care.
Based on findings in Accenture research, AI applications will save $150 billion in the US healthcare economy by 2026. AI in healthcare is growing exponentially as more applications are being developed, such as robot-assisted surgery applications, virtual nursing assistants, automated image diagnosis and countless other innovations. The benefits of AI in medicine include real-time analysis, enhanced precision and time-saving. AI can alleviate risks by identifying patients who need urgent medical intervention, and it can send automated reminders and alerts to take medicine and deliver personalized prescriptions.
Virtual Reality (VR) applications are also becoming widespread in medicine. VR is used in the rehabilitation process, helping patients with physical disabilities move and carry out various daily activities, accelerating muscle recovery and improves motor skills. VR helps to deal with addictions, treats mental health conditions, and makes the patient feel more relaxed before and after surgery. Moreover, VR serves as a tool to help medical students and doctors gain experience with sophisticated surgery interventions, providing a visual representation of the human anatomy. For vision-impaired patients, VR is restoring their vision by helping them start to see with their own eyes. eSight 3 has developed glasses for this purpose. When patients put these glasses on, the device records video in high resolution. Then using algorithms, magnification, and contrast it converts the image into a picture that can be perceived.
Exadel itself has been honored to contribute to technological advances in healthcare. We assisted a healthcare network with numerous hospitals around the US with the development of an inventory and supply management system that can track the location and the status of thousands of supplies in real time. Exadel has also built systems for better doctor and patient interaction, systems for patient loyalty and engagement, and apps for wearable devices.
If you want to learn more about Exadel’s Products and Platforms Practice in healthcare, check out our website.