Mobile Technologies Are Increasingly Becoming Popular In The Global Hospitals And Clinics Market
Mobile and IoT technologies are being implemented by hospitals to provide information to the stakeholders in the hospital ecosystem. This technology offers real time visibility of patient health through active and passive data collection. This technology can monitor medical conditions and prevent life threatening diseases. It enables healthcare providers to make accurate and informed decisions on patients’ health. Data generated through IoT devices is becoming critical for patient care managers, and patients to diagnose, track and treat medical conditions. Major hospitals adopting IoT technology in the USA include HCA, Mercy Virtual Care Center, and Kaiser Permanente.
A survey was conducted by clinical communications provider Spok, in the USA, in 2017, among healthcare professionals. According to the survey, 65% of hospitals have a mobile strategy and 35% of hospitals do not have a mobile strategy. Around 20% of respondents had their mobile strategy in place for less than a year. About 54% of respondents had their mobile strategy in place for one to five years, with 70% of them stating that the strategy has changed.
According to the same survey, the two major reasons for the change in the strategy were changes in the needs of end users (44%) and the availability of new mobile devices (35%). About 26% of healthcare professionals said their strategy had changed due to new features available from their EHR vendor.
Another survey conducted by Deloitte in 2014, in the USA, among physicians in regards to mhealth technologies, showed that about 24% of physicians were using mobile health (mHealth) technologies, in that about 49% of them used every day and 26% of them used mHealth technologies every week. However, 43% of physicians said that the major restraints on mHealth were security and privacy concern among the users and non-users.
Technologies such as mHealth have improved connectivity of patients with the doctors. The different applications help patients get educated on the disease, support patients in their treatment, and help physicians to keep check on the disease progression, easing the treatment process.
The global hospitals and clinics market was valued at $3,693.4 billion in 2018, and is expected to grow to $5,381.6 billion in 2022. Driving the market is the increasing prevalence of chronic diseases, ageing populations, growing medical tourism, governments and doctors increasing efforts to raise awareness on healthcare, developing healthcare infrastructure, and technological advances in healthcare.