The healthcare delivery ecosystem needs to get smarter, in infrastructure, service delivery, and healthcare outcomes. Connected healthcare is the new paradigm, and smart hospitals are a key infrastructure therein. The healthcare challenges witnessed by populations due to spiralling COVID-19 pandemic in the last few months, making smart hospitals more relevant than ever. Hospital 4.0 is no more far-fetched idea, but the pace at which AI, IoT, and robotics are being integrated in healthcare delivery will open new normals to what all constitute smart hospital value chain. The drive for patient-empowered care paradigms is one of the compelling business propositions for the development of smart hospitals. The use of precision medicine and personalized patient care are two key facets. This will spur investments in the smart hospitals market.
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Drive for Meeting Healthcare Needs of Aging Populations a Key Market Proposition
New ingredients are being used in the potpourri of integrated digital health technologies to expand the scope of smart healthcare, hence of the smart hospitals market. Candidates such as blockchain have abilities not just to boost operational and clinical processes; going forward this may excavate new revenue streams for players in the smart hospitals market. In not-so-distant future, blockchain will enable to plug gaps in privacy of sensitive patient information. With rapidly aging populations in various parts of the world, the demand for constant patient monitoring underpins the need for ensuring access to radiology services. Use of smart healthcare wearable has taken remote monitoring of chronic diseases to a notch higher. The proliferating use of voice-based interactive devices is a case in point.
The adoption of automation to improve patient engagements is a key trend and will shape the future initiatives of expanding smart network of patient care. Another vital cog in the wheel is the use of computing technologies to advance the access to telemedicine consulting services.
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