Top-6-Healthcare-Technology-Trends-2020.

Top 6 Healthcare Technology Trends in 2020

The healthcare industry is no way left behind in adopting cutting edge technologies to transform the way it’s working. The industry is striving to meet the challenges faced in the 21st century. The adoption of technology in the healthcare industry continues to rise in the coming years. 

Here are the top 6 technology trends that will lead in 2020. 

Wearable Tech

Today, wearable technology is much more than a step tracker. More than 80% of people are willing to wear wearable tech to keep track of health. There are many other variants of wearable devices such as ECG monitor that detects atrial fibrillation and deliver reports to the doctor, smartwatches tracking heart rhythms, self-adhesive patch sensors that track temperature and heart rate. The worldwide revenue of wearable medical devices is expected to reach $30–90 billion by the end of 2025.

Robotics 

The global medical robotics market is estimated to grow at a substantial rate to reach $20 billion by 2023. Robots specialized for human treatments comprise surgical robots and rehabilitation robots. Most of the robots assist doctors to examine and diagnose patients living in the countryside by telepresence, to deliver medical supplies, to sterilize hospital rooms, to package medical devices, in lab automation, to help patients to rehab or with prosthetics. Some robots help doctors in operations, therapeutic massage cobots. 

3D Printing

The adoption of 3D printing is one of the ways the healthcare industry is transforming. It is enabling medical professionals to offer patients a new form of treatment. Now, the surgeons can reproduce patient-specific organs, bones, and blood vessels with 3D printing that will help them to prepare for operations and procedures. 3D printing is used to develop advanced surgical cutting and drill guides and also for prosthetics. 

Computer and Machine Vision

Computer and machine vision technology helps medical professionals not only to save their time on basic tasks but also to save the patient’s life. The technology offers a precise diagnosis with the slightest presence of any condition that might be left out by the doctors. Also, it helps to detect fatal illness in its early stage. Machine vision can tell how much blood the woman loses in childbirth that allows the doctor to take appropriate care to the mothers. 

Blockchain

Blockchain technology is of significant use in the healthcare industry to maintain medical records. It places the patient at the centre of the ecosystem. Blockchain records clinical trials in real-time that provides more accurate and elaborate data for health research. The technology also helps in preventing drug fraud. It keeps watching the entire manufacturing chain of each drug. Any transaction that takes place is recorded in a block. Blockchain technology addresses the issues related to medical billing with its decentralized records and ease the payment process and prevents forged transactions. 

AI and Machine Learning

AI and Machine Learning continue to transform the healthcare industry in the digital age. The technology offers more advanced ways to detect disease, diagnose conditions, to formulate treatment plans. It also helps to automate tasks and analyze big medical data to deliver better healthcare services. The application of AI and ML is increasing due to continuous demand for wearable devices, digital medicine, and efficient working methods. 

The technologies provide numerous opportunities in the healthcare industry helps millions of people with efficient delivery of services.

food-research-markets

Food Robotics Market Trends 2019

Recently, Starship Technologies has rolled out its robot delivery service to one of the U.S largest universities, UW-Madison. The university has deployed 30 robots for food delivery in the campus. 

Robotics has changed the way the food industry used to work. It is transforming most of the sectors of the food industry from manufacturing, packaging to delivery and tracking. 

This is not the first university to deploy robot delivery service. Many universities have already experimented and results were fruitful. 

These robots are the small box type tiny vehicles that can carry weight up to 20 pounds. The delivery is fast-moving depending on the item and distance. 

The Gen Z population is advancing and they want services from a few taps on their smartphone. Colleges are finding ways to offer students convenient ways to order food to save time. 

The recent global food robotics market research report suggests that the market is expected to grow at a substantial rate by 2023.

Robotics in the food industry has improved the efficiency of the working process. Many food processing and packaging companies are adopting robotics as well as artificial intelligence to improve food safety, reduce workers’ injuries and systematize the process. 

Robotics is empowering food manufacturers to keep records of the consumers. It is assisting manufacturing companies to track the products and demand of the market. This has helped manufacturers to keep abreast of growing trends of the market and accordingly match the production. Robotics handle food safely to prevent any contamination.

Due to the growing concern for food safety and hygiene, many new companies are emerging to come up with cutting-edge robotic technologies. 

KUKA Robotics, the leading manufacturing company of Europe that provides robots for the entire food industry process chain.  They have a wide range of robots that serve various needs of the food industry. The robots are designed for hygienic maintenance,  food packaging, custom processing, and logistics systems and for the food processing industry. 

The adoption of robotic systems has observed the growth of several food sectors such as meat processing, dairy and dairy products, and ready foods.

Also, other technologies are revamping with food robotics. For example, machine vision technology is highly used in food robotics due to its use for food quality assurance.

Recently, Singapore’s Food Tech company have launched the country’s first robotic concept restaurant. The restaurant is fully-automated, includes taking orders as well as cooking. The food is prepared by the robot chef, D.I.A.N.A, manufactured by Epic Food and Beverages.

Is there any risk factor involved?

The concerns raised when high-tech Henn na Hotel in Japan where robots are in service, reported that its robots in the room can be hacked. The questions raised for the security of other machines as well. 

However, there is no reason to worry about hacking. Food data usually collect data on Who bought what, what time of day it was, where were they, what was the weather outside, how much did they spend.

But attention should be paid to how the data is used in the food industry. The consumers are not aware of what they are signing up for. 

Food demand is increasing with the increasing population. The food suppliers are under pressure to serve the demands.  The companies are adopting robotics for countless reasons. The food robotics market is projected to see lucrative growth.

The increased elderly number to power Nursing Care Market

nursing careThe age of 65 has grown from below 450 million to 550 million viewing an increase of 33%. The growing age population is said to be the key driving factor for the development of global nursing care industry. To support the statement, recent market research report suggests that the global nursing care market is projected to grow more than $1,100 billion at 8.6% annual rate.

Elderly people are the ones who typically need the nursing care and hence this significantly boosts the market growth during this period.

What is driving growth for nursing care services?

Introducing robots in care homes has shown the potential of preventing loneliness in residents. They primarily help to nurse aged people while also acting as humanoid companions. Since the AI-powered robots are made to understand what an old person can need, it enables them to converse with such people.

This additionally helps workers who cannot be present with the elderly person all the time. In the technology market, AI & robotic research is gaining a lot of traction with its potential to help in home care areas. This projects future market growth in the industry.

Restrains in nursing care services:

Though robotic technology can potentially help nursing care market, there are threats of home healthcare entities falling into insolvency. This has made it a primary restraint in nursing care services.

Be it rise in the wages of healthcare professionals, increasing charges or even budget constraints, the financial pressure caused due to such factors is becoming the major reasons why healthcare organizations are failing to insolvency. The situation may continue causing hindrance to industrial growth.

Key market players:

There isn’t any global brand as yet that could show power over the global nursing market which is spread and disintegrated into various regions. That being said, the following market players are among those few who make the global market slightly competitive.

Genesis Healthcare

The Ensign Group Inc

Kaiser Permanente

Kindred Healthcare, LLC

Brookdale Senior Living

The nursing care market had topped the list of the large segment in 2018 which contributed 43% of the market. Home healthcare providers stood second after nursing care facilities attributed to a large number of patients. This also gives the market entrants opportunities to grow and stand out amidst the rest.

 

Bras that detect breast cancer

Breast CancerDetection of breast cancer at an early stage has always been neglected due to lack of awareness and expensive tests involved. Mammogram, a test which determines if the woman has breast cancer and most healthcare providers don’t recommend it until the woman is 50. Besides, the test is expensive and hence not every woman can afford to have the test.

However, after years of research and development done by the Centre for Materials for Electronics Technology (C- MET), the team has managed to overcome the limitations of the mammogram test of breast cancer. According to healthcare market research reports, the device is one of its kind and promises better change in the cancer detection and treatments.

The team has invented a new wearable device which helps detect breast cancer at a low cost. The wearable device is actually a bra which is affordable for women from a middle-class group of the economy. This bra plays a key role in understanding the lump in the breast, thereby helping to detect breast cancer.

The bra has been embedded with sensors while it has thermal imaging to identify the presence of cancerous cells in breasts. The sensor incorporated in the bra understand the temperature of the skin and identifies if there are abnormal signs which can alarm the woman to take actions further.

The team led by Dr. Seema who happens to be the investing officer for the project. She has been awarded Nari Shakti award by the president of India. Breast cancer research reports put forward the fact that there’s no exposure to radiation as you find it in Mammogram. There are many such factors which differentiate the bra from Mammogram, making it a better option for women for breast cancer detection.

She wanted to work on such a project to take breast cancer identification on a community level. Especially a portable device would have helped this project to the targeted niche which was largely in the rural and middle economy regions of the world.

MHealth market producing unconvincing apps?

mobile healthConsidering the recent health levels on the rise, Apple watch has as a more inclining theory for measuring the criteria of healthy living. MHealth Market is considering the advent of this technology to be convincing in the future domain of Apple. What stands tall is the consistency and acceptance of such a feature.

The subsequent heart rate monitor is put to the new Apple Watch. It is largely given a green signal by the Food and Drug Administration. Mobile Healthcare Market is even purposing the app to be quite reliable.

Consequently, FDA is busy in maintaining regulatory actions on several health apps which are targeting consumers. It is seeking to further accelerate wellness adoption by taking these devices into consideration. Technology Market Reports are surely setting more research content with the advent of this theory.

The number of mobile health apps is rising every year. It accounts for a record of around 35000 only in the year 2017. Information Technology Market and Market Research Reports claim this number to be apt. This is a leading situation for most of the digital apps providing fitness science. Conversely, health consumers and the public cant rely largely on the researchers, who are continuously giving their inputs, states Market Research Reports.

MHealth Market is focusing on the medical literature of direct consumer relationships. Furthermore, there are studies which found a related bias theory which is actually technological and less consumer friendly. Mobile Healthcare Market even points out the lack of studies with actual consumers at glance. The impact on health, be it good or bad, at times worse is never on these books. The effect on the MHealth Market is fairly low, however, on the long run, it may pose a difficulty in sustenance.

The debate on using Apple Watch data to measure heart health still continues to manipulate. On one hand, FDA’s support alone doesn’t remove the risk of consumers. Mobile Healthcare Market is constantly trying to jump to the wrong conclusion. The information which is being on the news has to be wide and settle down well in medical mainstreams. As such public requires the invention of apps which is both user-friendly and market-friendly and is not giving a bias inclination. Nevertheless, Technology Market Reports rely on only the technological aspect, and less on consumer preference.

 

 

Why are people saying that the future of bioprinting is here?

BioprintingIn a world where humans are incapable of building a cell from the scratch, it is possible to simply “print” an entire human organ within a time frame of about 12 hours. Seems infeasible? That is why people are saying that the future of bioprinting is here!

From woodblock printing to the press, the field of lithography has seen great advancements. Currently, 3D printing technologies are in the buzz have garnered a good amount of traction for their contribution to various industries of the global market. Healthcare is only the next. The bioprinting industry market has enabled us humans to use biocompatible materials, cells, and their supporting components and build an entire and fully-functional human organ. Bioprinted organs have various applications in the current day

  • They used in the field of regenerative medicine to form organs suitable to transplantation. Healthcare market research reports say that this has greatly reduced the chances of the patient’s body refusing the organ.
  • They can be used for a high-throughput processing and production of tissue models for research
  • Complex models and protein interactions can be constructed using this technology. So, instead of animal models, drug discovery and toxicology studies can happen on 3D bioprinted material for more reliable results.

The global bioprinting industry market is seen to be highly promising with more possibilities to be unveiled in the near future. But it is interesting to note that this advanced a technology is based on the simple concept of layer-by-layer printing to form a 3D structure!

Market research reports say that the origins of 3D technology and known to be in the 80s. Bioprinting, like any other 3D printing process, is additive in nature. Successive layers of a material are amalgamated to form an entire three-dimensional structure. Complex geometries of the biological components are no hurdle in the production process but may make the process more time-consuming.

Biologically inspired engineering has been put to use to solve a number of technological problems and not just healthcare. So, insights from building an organ may be helpful to various other sectors, surprisingly including the manufacturing of airplanes! And, on the other hand, the technology of 3D printing is itself inspired by biological processes like the development of an embryo.

Bioprinting is already an alternative to many traditional approaches and biotechnology market research reports say that the paradigm is soon expected to shift to in-vivo bioprinting as a developmental goal. The difficult challenges need to be addressed increasingly to realize the full potential of 3D bioprinting.

Telemedicine : Opening doors to newer healthcare solutions

TelemedicineDespite being among the most established systems that a huge proportion of the global population is dependent on, the healthcare market remains at the dearth of services that can effectively serve the growing demands of the human race. We’re all living a hedonistic life. The geriatric proportion is on the rise and diseases are evolving making people of all ages succumb to them. This brings about an obligation for facilities that can prevent, diagnose and treat people in various stages of their life. The insufficiency of trained personnel or experts in underdeveloped regions of the world, where the occurrence of medical conditions is comparatively higher, only aggravates the problem.

The timeline of medical sciences shows significant progress with advancing years, but the burst-out challenges of the current day make the healthcare market demand technological assistance that will optimize the use of available resources. Here is where Telemedicine, in lay man’s terms, virtual care, comes into the picture.

The journey of telemedicine from being a possibility to a necessity

Like most sectors, the field of medicine has been struggling to look for alternative solutions that are rather more economical (in terms of funds and time) and end-user driven. The peremptory challenge is to achieve a worldwide reach for the existing facilities.

Telemedicine, in this scenario, is an advantageous blend of communication technology and healthcare knowledge. Although it did not gain traction immediately after its advent, it had been lobbying around for the past few years. Its importance has eventually been recognized and is now looked upon as a panacea in the medical field.

Market research indicates that internet is no more a luxury and has become a conduit for such beneficial services to reach the remotest of regions. People in far-away places can consult health experts from any set of coordinates of the globe to avail insights for instant decision making. Diagnosis gets quicker and people only have to visit the clinic if the situation deems so. This saves a major part of healthcare expenses for the patient and doctors can invest the extra time availed in the treatment of patients who actually require in-clinic care. A bettered reach also resolves the issue of shortage of healthcare providers.

Given the complication of admission procedures in clinics for inmates, telemedicine can also be useful for providing essential care to them with an improved quality. There have also been trials for its implementation in psychotherapy and ICU care.

Are the opportunities growing?

The American Telehealth Conference 2018 that was held in Chicago recently provided crucial and actionable insights into this field. The conclusion driven by the interactions was that the advent of virtual healthcare as a mainstream service can have a great positive impact on the field of healthcare making it more sustainable for the professionals and more rewarding for the end-users.

The traditional quo of medical services hasn’t been disrupted yet and is continuing to advance apace. Telemedicine is only beginning to enter the turf. The key challenge to a well-established system for it is a payment model that serves both; the experts and the receivers well. Though it has brought about a far-reaching reform, it is yet to be recognized and welcomed well by the patient strata.

 

5G to increase the feasibility of remote surgeries

Remote-surgeries5G technology is expected to swipe people off their feet by 2020 by revolutionizing various industries and transforming them altogether. This is particularly raising hopes for development to a great extent in the field of healthcare. A considerable proportion of the global population doesn’t receive timely treatment till date. This is majorly either due to the lack of efficient professionals or due to inaccessibility caused by various reasons. To overcome this hurdle, a group of experts has formulated the various possibilities of exploiting the lightning-fast speed of 5G. The most fascinating of them is a remote surgery!

What makes a remote surgery possible?

Remote surgeries have been under research for a long time now. The major risk in putting it to use is its complete dependence on the speed of transmission of data from the surgical room to the doctor.

Integration of IoT provides the idea of remote surgery with the much-required data throughput for machine-machine interactions. Virtual reality equipment like haptic gloves can be used by the surgeon for sensing while a robot operates on the patient.

Other innovations with 5G

Wearable devices

With the introduction of 5g, market research says that the industry of wearables will begin to burgeon. It makes the transfer of bulk data possible with a highly reduced latency. This will provide your fitness tracker with an exponential computing power allowing you to make instantaneous and tactile decisions.

These devices can also be made capable of transmitting data to the patients’ respective physicians so that their health-related information can be collected in real-time. Not only will this ease the handling of data but will also facilitate customized treatment for the patients.

Telehealth

5G paves way for a better healthcare delivery system. Doctors from over the globe can be connected to their patients virtually at any required instant. This will also restrict the expensive inpatient care to individuals who actually require it saving the time of both; the patient and the professional strata. All diagnostic imaging can be sent over to the doctor via internet and opinions can be sought for quick decisions and a timely treatment. The technology will also greatly reduce the cost burdens on individuals who seek a second opinion

No compromise on the security of personal data

The roll-out of a new technology is governed by regulators and policymakers. The ability of these technologies to effectively serve the field of healthcare will be judged by the FDA. Moreover, the various concerned authorities must agree on technical standards to prevent any compromise on the individual’s privacy.

The advent of the 5G network thus promises improved results with healthcare services.

 

Biohacking: A life advantage?

Global Biohacking MarketModern medicine has granted the existing healthcare market some promising boons. It has paved way for an increased life expectancy and has abolished the existence of a wide range of deadly diseases. Integration of technology into the field of healthcare has proven to facilitate these advancements. The invention of technologies capable of doing so requires extensive research. But what if one can experiment with their own body to see how it reacts to various stimuli? One will then be able to alter lifestyle habits for their wellness accordingly. That is exactly what Biohacking is about.

As fancy as it may sound, Biohacking is simply a term to describe the systematic understanding of your own body with various experiments that record your body’s reaction to distinct factors. This may include a changed diet, grounding or just incorporation of meditation into your routine. But how do you know where to start?

Your Guide to Biohacking

Biohacking allows you the freedom to follow your curiosities. It is thus also referred to DIY biology. Experiments that fall under its dome do not require sophisticated laboratories or trained professionals. It is just an individual trying to know his body. Some common biohacking practices are

Elimination diet

If you are experiencing food allergies, digestion problems, or are prone to acne, an elimination diet method of biohacking is for you. Eliminate all suspects from your daily foods for about 3-4 weeks. Re-introduce them one at a time to know what specifically is causing these illnesses in you. The most popular elimination diet is the one in which sugar intake is curbed.

One can also vary the time at which you eat or the amounts to observe changes in your body.

Changed work routines and lifestyle habits

Grounding or walking barefoot has been looked upon as a treatment for chronic pain and a way to attain a sense of calm. Incorporating this is your daily routine will allow you to observe how it benefits your physiology. Sunbathing for mood elevation and replenishing levels of vitamin D can also be a study factor.

Changing lifestyle habits would include varying sitting and sleeping postures, altering the length or number of sessions of workouts, etc. For instance, some exercises may be a solution to anxiety while the others may help the health of your heart. Even hearing music can change your brain

Can Biohacking Experiments Be Invasive Too?

Global market research reports show that the term ‘Biohacking’ is perceived in a negative sense among people. The clientele associates hacking with methods that cause harm to people. Biohacking does not involve a scientist running invasive experiments on one’s body.

Although there have been approaches for DIY gene editing for medicine, and incidences of public self-injection stunts, they aren’t to be considered as the essence of Biohacking. Then, what exactly is the role of technology in this sphere?

The Global Biohacking Market

Integrated nutrition and health tracking platforms are technology’s contribution to the field of biohacking. Bands that count the number of steps you walked in a day, the number of hours you slept for, or devices that monitor your weight fluctuations with fed biological data are the key technologies that function to optimize your biology.

The segment of wearables for health tracking is particularly flourishing. There are also other biofeedback devices and apps that can be linked to your computer for notifications and updates. Some mild drugs also help you in the process of understanding your body. However, these are not over-the-counter medicines and will require a prescription from trained professionals.

These technological innovations can be exploited to understand your health rather than taking to the extreme forms of biohacking that are recently gaining popularity.

Anti-obesity drugs, a scientific breakthrough?

Anti-obesity drugsWith the prevailing lifestyle trends and work culture, most people are prone to being overweight or obese. The demographic of people diagnosed with obesity is constantly weighing down the healthy population. This area has thus provides extensive research opportunities to the pharmaceuticals and healthcare fields. The raised concern can also be attributed to the fact that obesity doesn’t continue as a sole health problem. It progresses to lead to varied chronic ailments thus reducing the life expectancy of a person.

Obesity has been identified to have genetic pre-disposition factors along with being caused by excessive food intake and lack of regular physical activity. But can any of these be resolved with medication?

Drug discovery and development

Developing a drug for obesity is difficult because mechanisms that regulate energy-balance in the body are in constant interaction with a number of physiological systems. The current understanding of human physiology suggests that the number of mechanisms for energy homeostasis and appetite regulation makes it difficult to engineer drugs for obesity. While targeting neurotransmission (for hunger and satiety) seems like the best alternative, it has a wide range of side effects.

Body-weight is also affected by psychological and social factors. So, it is a common belief that pharmacotherapy cannot solve the problem of obesity. Moreover, since weight gain results from lifestyle alterations, most people feel that behavioral changes alone can help weight management. But one needs to be informed that anti-obesity drugs exist and can help a person lose up to 5-15% of his body weight. This, however, lasts only till the treatment goes on. The maintenance of the weight loss differs in different subsets of individuals.

Is the shrink brought about without the suppression of diet?

The expansion of the Anti-Obesity Drugs Market stems from the FDA’s approval of five different kinds of drugs for weight management, each of which has a different mechanism of action.

  1. Phentermine/Topiramate ER

Phentermine works on the nervous system to suppress appetite. It is also known to increase metabolism.  The exact mode of action of the secondary compound, Topiramate, has not been elucidated. The two components are packed in a gelatin capsule, the former designed for immediate release and the latter in beads for extended release. The combination was shown to work with good efficiency in clinical trials.

  1. Orlistat

Orlistat falls in the lipase-inhibitor category of drugs. It works to prevent the absorption of fats by the intestines. The drug has to be supplemented with an everyday exercise routine for an efficient weight loss.

  1. Lorcaserin

Serotonin is a chemical substance in the body that signals satiety. Lorcaserin targets serotonin receptors in the hypothalamus region of the brain to inhibit appetite. Since it interferes with neurotransmission, its intake should be with great care.

  1. Naltrexone SR/Bupropion SR

This combination of drugs works on the hypothalamic melanocortin system and the mesolimbic reward system to reduce appetite. Although developed to help overcoming alcohol and opioid dependence, it is now also associated with weight reduction.

  1. Liraglutide 3.0 mg

Liraglutide can be used as an adjunct to a low-calorie diet for weight management. It delays gastric emptying and decreases hepatic glucose production to bring about a loss in weight.

The market size of these drugs:

Although there has been considerable research, the commercialization of the products has been less. Even the aforementioned drugs come with packaged warnings of a number of serious side effects. This indicates that no ideal anti-obesity drug has been established. The ideal one should cause minimal side-effects and the sustenance of weight loss should be prolonged. To attain a control over body-weight through drugs to the same extent as a surgery has not been possible so far. Global market research reports thus suggest many opportunities for entry into the field.

There must be a detailed behavioral analysis at various stages of drug development. This will help monitor the working of the drug at the molecular level. Only a recognized pattern of the physiological responses can aid the development of an ideal anti-obesity drug.