10 Health Tech Trends Entrepreneurs Should Keep in Mind for the Next Decade

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Healthcare is one of the few industries that actively embraces new technologies. From supportive and educational apps to advanced therapeutic and diagnostic solutions, new technologies can improve patient outcomes and enhance the capabilities of healthcare providers.

Here are 10 health tech trends to keep an eye on over the next few years.

1. iTech

iTech is one of the most promising AI trends in medicine. These services can provide high-precision diagnostic support and relieve physicians of routine tasks. They can also help with drug development and find effective treatment routes.

A particularly successful example of AI in medical technology is the Zebra AI1 program. It uses sophisticated AI to examine medical images and send a diagnosis to healthcare providers so treatment can begin sooner. This technology should at least save 80 percent the time it takes doctors to make the definitive diagnosis.

2. Virtual Health Help

This was shown by a recent Accenture survey 62 percent of people would like to use virtual health guides at home, and 57 percent would choose health monitoring via remote devices for chronic problems.

This proves that startups still have plenty of opportunities to capitalize on consumer interest in virtual health support.

Several companies have already had impressive successes, particularly in the wake of the Covid-19 pandemic. Many of these companies specialize in providing affordable, comprehensive virtual care through a combination of AI services and healthcare professionals.

3. Blockchain

Data security is always a major concern for people, especially when it comes to sensitive information like health records. While surveys show that consumers typically trust in-patient doctors’ offices and hospitals when it comes to backing up their data, Trust drops significantly for any technology-related medical care.

Blockchain technology is the answer to increasing consumer confidence in secure data management. It offers security, confidence and control in an unprecedented way. Blockchain is not yet widely adopted in healthcare, but it is a trend to watch in the years to come.

4. IoT accessibility

Hospitals still face unprecedented workloads and limited resources. There will always be a need for cutting-edge innovation and increased efficiency in healthcare, which is why more advanced IoT accessibility is another trend to watch.

The more healthcare can be integrated with IoT technology, the better the overall quality of patient care.

Related: This essential tool is a must-have for healthcare practices

5. Medical mobile apps

Nowadays there is an app for almost everything, including healthcare. As consumers continue to shift to a fully mobile mindset, healthcare companies need to keep up. Mobile apps are fast becoming a part of the digital medicine revolution.

The key growth drivers for mobile health (mHealth) are rapid advances in mobile app technology, patient awareness and a sharp rise in lifestyle diseases. All these signs point to a future with growth and potential for innovation.

For example, the MHealth startup Natural Cycles has already had success and has raised more than 100 million euros 30 million dollars in investing and attracting a user base of 500,000 women to their subscription model.

6. Robotics

Besides AI, we can expect robots to play a bigger role in healthcare. Advances in robotics are leading us to augment medical workers with autonomous robots that help with routine tasks like collecting vital signs from patients to more demanding tasks like performing complicated surgeries. There are many examples of robotics in the medical field.

Robotics could also be the future of medical support. Companion bots can have a positive impact Mental healthand they may also assist in physical health monitoring in the future.

7. Telemedicine

Telemedicine is fast becoming the future of healthcare. The global pandemic has dramatically accelerated its use, but now telemedicine is extremely popular for its convenience. It is estimated that the global telemedicine market will grow at a CAGR of almost 26 percent from 2021 to 2030.

The logical next step beyond telemedicine is telewellness. Consumers will want access to convenient, proactive health support backed by medical experts. This includes everything from live-streamed fitness sessions to disease prevention education and access to specialist medical professionals for check-ins and health talks.

8. Biohacking

Biohacking used to be a sci-fi fringe idea that sounded far-fetched, but it’s fast becoming our reality. In practice, biohacking includes anything that “levels up” your body by improving well-being and vital processes.

Common biohacking solutions include companies like Genopalate that create nutritional plans based on individual genetic information and brands that sell targeted supplements. Other biohacking trends include stem cell therapy and implants.

Related: How Virtual Care Can Close Healthcare Inequalities

9. Virtual Reality (VR)

The future of medical education will almost certainly be based on VR and AR technology. For example, medical students have recently started using the Osso VR platform to train for surgical procedures. The surgical training platform has already raised another $27 million in Series B funding. The VR suite has shown itself 300 percent improvement across surgical performance, making it easy to see how companies could use the technology in other areas of healthcare.

10. AI Diagnostics

A final trend to watch is the growth of AI diagnostic tools. Companies are already training AI to detect brain diseases, cancers, low vision and more based on medical images like MRIs and ultrasounds. AI can also provide significant support in alleviating physician burnout by aiding in treatment administrative burden to get a diagnosis.

By 2030, the market for highly intelligent medical solutions is expected to exceed 6 billion dollars, and by 2025, AI is set to permeate all areas of healthcare. These trends are all excellent platforms for startups to use for future success.

See also: The future of healthcare is in the cloud

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