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The Internet of Medical Things (IoMT) will Change the Face of Healthcare Sector

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Have you ever thought how the Internet of Medical Things (IoMT) will transform the healthcare sector in 2018? Well, this is one unique idea that doesn’t click the mind instantly. You may also question the need for IoMT, when there are arrays of medical and healthcare apps already available in plenty on both Google Play Store as well as Apple App Store. Probably, we are aware that the Internet of Things (IoT) has played a significant role in uplifting the healthcare industry. It helps in accurate collection of data and patient records with reduced chances of committing mistakes, the medical bills have curtailed with better patient experience and management of the disease etc. Now, what would be the role of the Internet of Medical Things (IoMT)? Well, the advanced virtual internet technology will allow the doctor and the other medical staffs of the hospital to gather data from the devices put on by the patients and store it in the cloud for analyzing the health conditions. The Increase in Numbers of IoMT Devices According to a research, there are about 3.7 million medical devices that have connected the monitor to different parts of the body. One of the other reports indicates that the Internet of Things (IoT) healthcare market will scale towards new heights and expected to reach up to $136.8 billion by 2021. But it is important that this new technology mainly focuses on offering high-quality customer service and simplifies the task of the healthcare professionals. Nowadays, most of the gadgets and wearable devices are enabled with smart sensors coupled with the facility of Near Field Communication (NFC) and Radio Frequency Identification (RFID) tags. This further makes it easier to interact with the IoT enabled devices. Also, the number of patients suffering from the chronic diseases is increasing and this calls for offering much improved medical attention. Although we have advanced medical apps that come to the rescue of the ailing people, the IoMT will help in offering the best treatment in real-time and cut the cost of medical bills. Better Management of the Resources One of the major benefits that Internet of Medical Things is going to offer to the hospital administration is better handling of the resources and managing the stock of goods. The IoMT solutions will offer the facility to track the location of your products and check the quality of the drugs and medicines supplied. Not only that the medical staff can also check which medicines have been prescribed to the patients and whether they are available in the stock or not. The medical professionals basically use the RFID tags for the management of such resources. The RFID helps a great deal in monitoring the health progress of the patient and keeps an eye on his consultation, hospital stay, methods of treatment and so on. It reduces the loopholes in the administrative system of the departments. In fact, the patient and his family get an access to additional information such as how long the treatment will take, the time taken in recovery, the info on possible surgery dates etc. The hospital administration can plan their resources according to the available information and data. Thus, it reduces the cost of managing the data and enhances the experience of the patient. Following the Instructions of the Doctor The Internet of Medical Things is not just a boon for accurately diagnosing the patient but also makes sure that medical staff to follow the instructions from doctor clearly. The healthcare team can gather valuable inputs from the devices and use them to plan for the better treatment and diagnosis. Since the doctor receives the exact parameters of health condition he does not waste time in taking quick decisions about the next step of treatment. Therefore, the IoMT proves to be a blessing in cases of medical emergency where the doctor can instruct the staff or his juniors if even he is not physically present at the hospital. This becomes a crucial phenomenon as it can relatively save the life of the patient for instance if he suffers a cardiac arrest or stroke. Moreover, the doctor can see the reports of the patient in real-time and know accurately where the problem is. In addition, there are some IoMT connected devices that can conduct the internal scrutiny of the patient such as the pacemaker. This helps medical team to not only diagnose the current condition but also determine the future impact as well. Integration of the Internal Segmentation Firewalls (ISFWs) The Internet of Medical Things also lends a helping hand to the Chief Information Office (CIO) in the healthcare sector to integrate the Internal Segmentation Firewall (ISFW) as the network setting is wide open. The major function of the ISFW is to safeguard or secure the network segments from the malicious codes that can actually penetrate the internal network. That is why the IoMT becomes quite crucial from the security point of view. The ISFW basically works within the network and creates a distant category of the administrators, the patients, the doctors and nursing staff and other visitors. It also can identify the various types of device such as between the patient and the life-supporting system devices. It also sets the priorities based on the emergency basis that needs high protection and monitors the traffic between the segments. IoMT to Take Care of Elderly People The Internet of Medical Things will surely become a boon for the healthcare sector as it will take off the pressure that is expected to increase in the future. According to a research, around 1.2 billion people will grow older by 2025. As it is evident that elderly people are more prone to health issues and diseases and this will further lead to hike in cost of treatment. However, IoMT has a venerable solution to the problem by offering the elderly person better care that would curtail the cost of treatment. The devices will keep a track record of all health-related parameters including the heartbeat,

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How is the Healthcare Sector Harnessing the Benefits of the Digital Transformation?

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The healthcare sector is one industry, which is escalating to newer heights with the transcendence of the technology. We have already seen how the Internet of Things has proved to be a blessing for the healthcare sector, changing its overall facet. The medical science is already moving forward with new accomplishments by initiating highly modernized treatment techniques. Just imagine! If the advanced medical science and healthcare industry gets another boosting tonic in the form of digital transformation, it certainly would be an icing on the cake. But what is digital transformation and how this leveraging technology would prove a valuable performing asset for the healthcare sector is the primal question. The digital transformation is implementing the digitalized technology in almost all business facets to bring a revolution and accelerate the customer operation and services. This newly embedded technology also is a kind of a cultural change that pushes the business entrepreneurs to challenge the current state of things regularly, encouraging them to go for the experiment or accept the failure. To add more in a survey by Gartner about 56% of the business owners agreed that digital transformation has surged the level of profits. So, the point is if digital transformation is playing such a key role in scaling the organizations to upper heights, why the health sector should lack behind in harnessing its benefits. Today, we would be pinpointing on some important facts to see how the digital transformation changes the face of healthcare industry. The Power of Distance Treatment The distance treatment or the telemedicine has been the biggest surprise package from the digital transformation to the healthcare sector. The telemedicine has significantly changed the way the patients would receive the treatment offering them a new horizon, which is initiating faster recovery. As such, they are now not restricted to any limitations of scheduling an appointment with the doctor, visiting the hospital or clinic, waiting his turn to arrive and so on. They can get the best quality treatment even from the home comfort zone. The only things required here include a well-connected internet and a smartphone device. It thus saves a lot of their time as well as money. The telemedicine app allows them to consult the doctor through a video conferencing or interaction and they can receive their prescription and advice using the devices. Indeed, it has been found out that distance treatment has been also successful in healing the medical condition of the patient. You cam share all your mental stress and problems and the medical professional would help you out in the best possible manner. Better Management of the Patient Data The hospital staff management at times find it extremely difficult to store and manage the numerous patient data, invoices, and health records. However, with the entry of digital transformation and IoT technology, no more manual work is needed. It instigates the process of digitalizing the entire data and speeds up the workflow with a more effective and seamless result. Digital transformation has given the scope and space to develop intranets, workflows and centralized data storage. It would help the hospital staff to retrieve the data. Improved and Faster Interaction It is not every time that the doctor is available within the hospital premises to tackle with the emergency cases. In situations where patients are facing life threats, and the staff is required to take immediate medical attention is needed or on the spot decision, digital transformation can be a life savior. The medical staff or junior doctor can take complete advice through video communication or the VR technology. The doctor can receive the current medical status of the patient in real-time and can guide the staff based on the condition. The Cloud and Mobile Access Most of you would agree upon the fact that the most anxious and nail biting moments for a person is waiting to get the report card of the medical tests. And this is where the cloud and mobile access can prove its worth in providing the accessibility to the patients to view his report from anywhere and anytime of the day. In fact, it has been predicted earlier that during the current year 2018, about 65% of the communication with healthcare professionals would take place on phone. However, the major concern here is with respect to the security issues as data stored in the cloud. Thus, the healthcare industry has to take a serious note on it and enforce the HIPPA law and protocols so that nobody can dare to breach the cyber security. You need to protect the sensitive and confidential data from getting black-marketed. Collaborating with IoT and Wearable Devices We are already aware that Internet of Things(IoT) has created a huge hype in the tech market and has also been one of the core gifts for the healthcare sector. It is through the help of IoT connected devices that the doctors and healthcare staff are able to accurately monitor the prevailing condition of the patient. As the technology is booming, we are witnessing a dramatic change in the entire system. Yes, the wearable devices have helped a great deal in reducing the dependency on heavy and bulky medical equipments to carry out various tasks. They can perform the role of Electrocardiograms (ECG), blood tests, thermometers and other tests. The best part of the story is that the person can conduct all these tests at home. The result would be sent to the doctor in real-time to get instant feedback. Artificial Intelligence in Healthcare The importance of big data cannot be underestimated in the healthcare industry. You can collect it as a means to satisfy the patient. However, its major part is to spontaneously come across the risk-bearing factors related to health hazards. Plus, it would also offer the optimum advice on the treatment solutions. According to Tractica, the healthcare artificial intelligence software, hardware, and services market is expected to exceed $34 billion by 2025. The Artificial Intelligence is the rightful combustion of Internet of

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Top Benefits of Product Engineering in the Healthcare Industry

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Product engineering, in the context of the healthcare industry, refers to the process of innovating, testing, designing and finally deploying software. The modern healthcare ecosystem has undergone a revolution, thanks to Internet of Things (IoT) and product engineering. A seamless integration of IT into the domain of healthcare fosters a better patient engagement, reduces healthcare expenses and makes the healthcare industry transparent at various levels. A statistic reveals that patients in ICU, who were equipped with telehealth, were discharged 20% faster and their mortality rate was lower by 26% than the regular ICU patients. This is just an instance that demonstrates the tremendous potential of product engineering in healthcare. What Problems Can Product Engineering Address? The healthcare industry across the world has been rapidly evolving. With the inception of product engineering, several issues can be addressed. These include: Making the product cycle shorter, so that healthcare products are available faster in the market for sale Change the technology necessary to develop the products from time to time Product viability based on place and language Tackling the market price of the products, which keep rising from time to time Controlling the cost of product maintenance Evidently, product engineering can benefit the healthcare industry to a significant extent. It is already playing a crucial role in maintaining product excellence, dependability, implementation process, and product lifespan. Benefits of Integrating Product Engineering in the Healthcare Industry Today, a large number of start-ups and established firms are working on developing dedicated apps for the healthcare industry. These apps aim to make healthcare affordable and simple. Smartwatches and bands have been some of the early accessories, which have been accepted in the market. Besides, several tools like emergency response systems are being developed for remote monitoring of patients and real-time updates on patients. Technology has shaped the modern healthcare industry to a substantial extent. Have a look at the various benefits of product engineering in the healthcare industry: Cost Management Through product engineering solutions, the medical expenses and costs of insurance can be slashed to a great extent. It takes care of the overall process, right from designing the product, developing the same and validating the software. This enables the customers cope with the product costs. Ensuring Safety Integrating advanced software products in the healthcare industry helps in optimizing the cost. At the same time, the customers need not compromise with the quality of these products. This ensures a greater degree of safety in the products. Addressing Challenges Product sustenance is one of the most demanding aspects within the domain of healthcare. Applying product engineering, it is possible to address these challenges. Companies achieve this goal through various methods like value evaluation of the product, customizing it, value engineering, program localization and so on. Simplifying the Products Keeping healthcare products simple while adhering to the regulatory norms is a challenge for most firms. The developers focus on the requirements of customers and ensure that the products are customized accordingly. Advantages of Time Zone At times, healthcare products that are supplied by the same industry are utilized by people from various locations. In these cases, it is necessary to get the devices and applications customized according to the needs. Product engineering has proved to be an effective solution in these situations. Greater Efficiency The overall efficiency within the healthcare industry has got a boost, with the inception of product engineering. Hospitals and other healthcare organizations benefit from better time management and accurate results, thanks to engineering solutions. In the process, the customers remain contented with the quality of services in the healthcare institution. It is important for the organizations to remain competitive. Product engineering leverages their business by increasing the efficiency. The common areas where product engineering is implemented in the Healthcare industry are: Respiratory devices Radiology apparatus In-vitro devices Monitoring and diagnostic devices Recording devices Therapeutic and healing appliances A study reveals that the market of connected devices is likely to grow to $158.07 billion by 2022, from $41.22 billion in 2017. The digitization of healthcare devices like diabetic insulin pumps, pacemakers and telemedicine devices is ushering a new world of healthcare facilities. These devices are IP addressable and the operation of these connected devices bank on massive volumes of data. However, IT professionals are still addressing issues like evaluating and securing this data. It is possible for the service providers to utilize the data to know the needs of the end users. They can come up with products, considering the customized requirements of the end users. The Use of Advanced Product Engineering in Healthcare You must be familiar with advancements in diagnostics and nuclear medicine. Technologies like organ mapping technology, automatic image enhancement and quantitative imaging tools have enabled healthcare industries to reap the following benefits: Come up with a robust mechanism for fraud analysis Effectively carrying out profile analytics of patients Working on genomic analytics with a greater accuracy Establishing a faster model for R&D Making the treatment process cost-effective by extracting high-quality information from various images The challenges faced by the healthcare industry are numerous. Integrating powerful IoT systems, it is possible to design fool-proof mechanisms. Presently, it is necessary to simplify the solutions, so that the patients can enjoy a better experience within a shorter time-span. It is true, that IoT is gradually penetrating into the healthcare domain, although this growth is not as fast as in other industries. The change is definitely evident through the better-quality healthcare services that patients can enjoy. In the process, the workflow is getting optimized. Device integration and remote monitoring ensure that patients remain safe and enjoy a faster recovery. Partnering the Right Company for Product Engineering It is important to understand the strength and skills of companies that develop these products. Through product engineering, it is possible to assemble tools and develop better quality products. The healthcare firms can enjoy appropriate solutions, on collaborating with the established IT firms. They need to ensure the engineered products suit their requirements and are tailored for a

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