Internet of Medical Things (IoMT)
Connecting Healthcare for a Better Tomorrow
The Healthcare industry has become more open to the latest technologies and IT services platforms, bringing drastic changes in the industry. Recent studies and statistics show that technological advancements are transforming the industry. Along with opportunities, certain concerns also arise.
Wearables and tracking devices have become part of everyday healthcare processes, intertwined with an evolving healthcare delivery model. According to studies, wearable technology market is said to rise from $20 billion in 2015 to $70 billion in 2025.
Patient centered care which focuses on individual healthcare needs is found to eliminate or reduce unnecessary and costly treatment plans which need referrals to specialists.
Data security is a big concern that everyone has, when dealing with huge amounts of data. Payers and providers are finding ways to increase data security and avoid violations of HIPAA and similar acts.
Increased data demands is also a driving factor for the healthcare industry. 1 million GB is the expected amount of health care data generated by an individual in his/her lifetime. With such huge amounts of data available for determining every healthcare aspect of a person, from surgery plans to diet control, data needs to be warehoused and analyzed for getting the right healthcare approach.(2)
IoT started gaining prominence since 2011, and helped shape the functioning of various industries including Healthcare since then.