It has been three years, and yet there’s mentioning of the COVID-19 pandemic due to its impact on everyone’s lifestyle. Undoubtedly, it has been a rollercoaster ride for the healthcare industry, but fortunately, breakthrough times are coming!
The Indian healthcare industry is likely to surpass INR 110 Tn by the end of 2027, and there’s no looking back! Moreover, trends now being introduced in the industry have a different fairy tale!
Notably, the demand for virtual healthcare has led to a rise in the digitization of the healthcare industry, and healthcare professionals are now emphasizing the same.
Do you belong to the industry and want to add convenience to your customers’ lives by introducing healthcare trends that’ll win their hearts?
Well, this article is all about that! So, let’s get started.
While the following healthcare trends are some of the streamlined ones, there’a a lot more yet to be explored. Which is why, it’s best to connect with a top-notch mobile app development company in India for the required assistance.
Now, take a look:
1. Use of Remote Monitoring Tools
The patient monitoring market will skyrocket in the next five years by growing at a rate of 9.39% CAGR. Undoubtedly, removing patient monitoring has become a common method for people as it saves time, as consultations can also happen on the go!
Thus, tools used for remote monitoring are also gaining popularity, playing an exceptional role in improving health and wellness. Some of the best tools include fitness trackers, heart rate monitors, glucometers, etc. These devices can be worn by patients that transmit data directly to their healthcare professionals for monitoring.
2. Acceptance of Telemedicine
The acceptance of telemedicine has been incredible. Since mobile connectivity and the internet have become easily available and affordable, it has become easier for anyone to consult their doctors online.
Furthermore, incorporating Artificial Intelligence and Machine Learning enhances patient outcomes and enables easy access to care while providing a cost-effective mechanism. It especially becomes handy for the people of rural and remote areas with no or limited healthcare facilities.
3. Transformative Diagnostics
The transformational diagnostics market is rapidly growing, and it helps patients to identify if there’s a risk of health conditions. Some of the best transformational diagnostic tests that worked incredibly during the pandemic include next-generation sequencing, genomic sequencing, RNA tests, and more.
These tests hold the power to revolutionize the healthcare industry for good by providing timely information on diseases and healthcare. Therefore, timely actions could be taken.
4. Mergers and Acquisitions
Since the healthcare industry in India is on the rise, the sector needs to be more well-knitted. Moreover, since there are a number of small and medium-sized startups, mergers and acquisitions (M&S) have a tremendous role to play.
Some of the primary roles played by M&S performs in the healthcare industry include entering numerous segments, expanding business, emphasizing specialty care, promoting digital health, and more.
5. The Acceleration of Healthcare SaaS
Software as a Service (SaaS) has become a flawless solution for healthcare institutions that look forward to providing seamless healthcare methods and diagnosis.
Undoubtedly, the availability of healthcare data is in bulk, and providers need to store all the information for useful outcomes. So, where will this data be stored?
Here’s when SaaS-based solutions come into the picture! These services enable healthcare professionals to manage data, such as medical records, billing, appointments, etc.
Today, the healthcare market has a number of startups that play a varied roles in-app user’s lives. While the purpose may be variable, the objective is the same: providing quality healthcare. Take a look at the best health tech startups that are in the limelight:
- CareRev
CareRev is a platform with the objective to bridge the gap between healthcare institutions and professionals for staffing solutions.
- SonderMind
Sondermind is a platform known for providing access to mental health therapists for insurance plans and other needs. This app aims to enhance affordability and accessibility to mental health care for people. .
- Meru Health
This digital space again provides access to mental health diagnosis, including coaching and therapy.
In conclusion, the healthcare industry in India is undergoing a significant transformation, driven by various trends set to up its game. The increasing adoption of technology, such as telemedicine and health apps, is revolutionizing how healthcare services are accessed and delivered. In addition, the rising demand for personalized and preventive healthcare solutions is pushing healthcare providers to innovate and tailor their offerings to individual needs.
The Indian healthcare industry is poised for remarkable growth and transformation. The convergence of technology, patient-centricity, government support, and entrepreneurial spirit is paving the way for a more accessible, efficient, and inclusive healthcare ecosystem. By embracing these trends and leveraging the power of innovation, India has the potential to emerge as a global leader in healthcare delivery, ultimately improving the lives and well-being of its citizens.
Connect with the best healthcare app development company for additional info!