5 Market-changing Trends in the Healthcare Industry

Screen Shot 2016-05-09 at 8.43.16 AMRapid advancements in healthcare technology are transforming healthcare. During 2016, we expect to see the continued emergence of these five trends.

  1. Wearable and mobile health technologies. Connected devices, services and applications used by a consumer outside of a clinical setting for medical, health or wellness purposes will be a huge part of the expansion of the wearable device market, including smart watches and fitness monitors such as wristbands, smart garments, chest straps and sports watches. These technologies provide data that helps the healthcare industry contain costs, produce better patient outcomes, monitor patient self-care and increase patient engagement.
  2. Empowered and engaged patients. Wearable and mobile tools, services and applications are making a tremendous impact on patient care by supplying consumers with the incentive be more proactive, gain control of their health choices, and monitor their own health and fitness. By empowering them to be more actively engaged in managing their own healthcare choices, wearable and mobile tools provide patients with greater satisfaction.
  3. Data, data and more data. Countless devices are flooding the healthcare enterprise with data that has the potential to improve patient outcomes, enhance clinic workflows and contain costs. Challenged to analyze, use and share this data, healthcare providers will need access to easy-to-use dashboards and other tools that streamline the analytics process.
  4. Cloud-based services. We’ll continue to see the uptake of cloud-based services by the healthcare industry. A whopping 80 percent of healthcare organizations use cloud services, primarily because of lower maintenance costs, speed of deployment and lack of internal resources to adequately manage IT programs.
  5. Data security. As interconnected, cloud-connected and mobile devices collect more patient data, privacy issues such as security breaches and HIPAA violations will continue to be top of mind. Healthcare facilities and physicians’ practices must choose secure applications, services and technologies that prevent data loss and theft.

This blog post, originally published on the CarePassport website, has more information. If the link has disappeared, read the archived PDF version instead.

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