This website uses cookies to offer you the best experience online. By continuing to use our website, you agree to the use of cookies. If you would like to know more about cookies and how to manage them please view our Privacy Policy & Cookies page.

 
×
Digital Journey
Digital Lifecycle Methodology Apexon COMPASS
Services
EXPERIENCE
UI/UXarrow
Turn digital experiences into business outcomes
PLATFORMS:
Salesforcearrow
Transform the customer journey for increased loyalty and profitability
Digital Commercearrow
Create end-to-end commerce platforms to enable omni-channel customer engagement
DIGITAL ENGINEERING
Cloud Native Platform Engineeringarrow
Cloud done right
Cloud Native Platform Engineering
  • Cloud Strategy
    Cloud Strategy
  • Cloud Migration
    Cloud Migration
  • Cloud Enablement
    Cloud Enablement
  • Cloud Native Development
    Cloud Native Development
  • Application Modernization
    Application Modernization
  • Site Reliability Engineering
    Site Reliability Engineering
  • DevOps
    DevOps
  • Chaos Engineering
    Chaos Engineering
IoT Developmentarrow
Unleash the full potential of IoT with simplified solutions at scale and speed
Application Developmentarrow
Make your digital ideas a reality
Application Development
  • Custom Application Development​
    Custom Application Development​
  • Low-code/No-code Development​
    Low-code/No-code Development​
  • Interactive Experiences​
    Interactive Experiences​
  • Connected Medical Devices​
    Connected Medical Devices​
Intelligent Automationarrow
Put automation to work for your digital business initiatives
Digital Assurancearrow
Get digital right the first time
Digital Assurance
  • Quality Transformation:
  • Quality Engineering Consulting
    Quality Engineering Consulting
  • Compatibility Testing
    Compatibility Testing
  • Testing Centers of Excellence
    Testing Centers of Excellence
  • Selenium-Based Test Automation
    Selenium-Based Test Automation
  • Core testing:
  • Test Automation
    Test Automation
  • Functional Testing
    Functional Testing
  • Performance Testing
    Performance Testing
  • Regression Testing
    Regression Testing
  • Security Testing
    Security Testing
  • Salesforce Testing
    Intelligent Testing & Automation for Salesforce
  • Specialized testing:
  • IoT Testing
    IoT Testing
  • Wearable Testing
    Wearable Testing
  • Visual Testing
    Visual Testing
  • Intelligent Testing
    Intelligent Testing
  • Visual Testing
    Service Virtualization
DATA & ANALYTICS
Data Strategyarrow
Chart the data-driven future of your enterprise
Data Engineeringarrow
Maximize the value of your enterprise data
Data Visualizationarrow
Let your data tell you the story
Advanced Analytics, AI/MLarrow
Leverage the latest data techniques
Data Management & Governancearrow
Shift from just 'Controlling' to 'Managing' your data
Managed Data Servicesarrow
Modernize data capabilities without disruption
Industries
Healthcare Financial Services High Tech Retail Manufacturing
Solutions
Solutions
SOLUTIONS ACCELERATORS
SIMPLIFY, AUTOMATE & MODERNIZE QUICKLY & EFFICIENTLY
TalkAtlvearrow
Humanize your automated customer interactions
XtractIQarrow
Optimize data processing to enrich user experiences
VizSensearrow
Streamline the backend for better visibility
CXWatcharrow
Enrich the customer experience
IntelPredictarrow
Unlock the power of intelligent forecasting
EdgeDetectarrow
Turn data anomalies into business insights
PayAssurearrow
Make fraud detection proactive
ApexEMSarrow
Take the guesswork out of ambulance trips
ApexEDarrow
Drive operational efficiency in the ER with AI
ApexClaimsarrow
Sharpen payer claims processing
Success Stories
Healthcare Financial Services High Tech Retail Manufacturing
Insights
Blog Success Stories Webcasts Videos DTV White Papers Fact Sheets Podcasts
About

Who are we

Leadership Board of Directors History Customers Partners Experts Values We Give Back Culture Awards Events & Webcasts

company

Careers Analyst Recognition Delivery Centers Contact Us Legal Entities Annual Reports Transparency Statement Terms & Conditions Privacy Policy

Newsroom

Press Releases In the News
Careers
Contact Us
  • Home
  • Insights
  • Blog
  • The 5 Trends that Will Shape Healthcare in 2020
Select

The 5 Trends that Will Shape Healthcare in 2020

The 5 Trends that Will Shape Healthcare in 2020
Sachin Kalra
linkedin-profile
Vice President of Customer Success
Jan 7, 2020 |
Posted in Healthcare

Digital advances are driving innovation in all areas of healthcare. Robots have been proven to be more precise than surgeons and AI can diagnose cancers with a success rate of 99%. In 2020 cost pressures and regulatory change will act as the major catalysts for digital health treatments, which have a crucial role to play in delivering effective, fast, and cost-efficient patient care. For instance, digital health advances are helping to shift care to be based around people’s homes. Local care is not just more convenient and less stressful for patients, it also makes financial sense, when you consider the average hospital stay in the US is upwards of $10,000, totaling over $1 trillion annually in hospital services, and that 60 percent of all bankruptcies in the US are related to medical expenses.

As healthcare becomes increasingly digitalized, a robust legislative framework will be required to assure data privacy and security. To this end, the European Union has embarked on an ambitious plan for increased data interoperability with its European Health Data Space. Meanwhile, legislation passed late in 2019 in Germany paved the way for doctors to prescribe digital health apps, shift to e-prescriptions, get paid for online consultations and receive higher reimbursements for electronic health records.

The transformation of traditional value systems in healthcare will continue to accelerate as patients increasingly become better-informed health “consumers”. Thanks to digital, the “value pool” is shifting in this industry, resulting in cost savings for patients thanks to better system efficiency. 2020 will also see the introduction of “standalone” 5G, which will enable the adoption of an almost limitless number of applications involving AI, big data and the IoT. Many healthcare-related high-bandwidth projects will be set free by 5G’s connectivity, bringing therapies from within hospitals into the field.

Here are the five digital trends that will disrupt and energize the healthcare market in 2020:

1. The rise of the chatbots

Dr. Google is already a popular first port of call when symptoms strike. Perhaps it is no wonder that improvements in NLP and connectivity are helping chatbots become one of the fastest segments in digital health, expected to be worth more than $314 million by 2023. As chatbots gain acceptance more broadly, so the initial distrust surrounding them has reduced. Polls repeatedly demonstrate that people want the benefits that come with automated help within healthcare, and doctors are increasingly prescribing apps that enable faster access to medical care, prescriptions and even help to navigate medicines and hospitals. Watch this space as chatbots help guide us through the sometimes confusing world of symptoms, processes, and medication in 2020.

2. Sensors are taking the guesswork out of medicine

Medicine won’t work if you don’t take it. Seems obvious, huh? Yet medication non-adherence, as it is known, is a big problem in both developed and less developed markets, though for different reasons. Medication non-adherence has been referred to as “America’s other drug problem”. It is estimated that medication adherence is just 50 percent for those with chronic conditions. Typically rates of 80 percent or more are needed for treatment to work effectively. In other words, this is a huge challenge. That’s where smart wearables, bio-sensor patches and even ingestible “smart pills” can help to monitor how much medication has been taken and to alert/remind the patient as needed. Apexon helped to test the first ingestible sensor for medicines, so we know first-hand the potential of this digital health advance. One of the ways that technology is further refining how doctors prescribe drugs is by enabling far more granular, personalized treatment based on in-depth data about how the patient is responding to drugs in real-time, their health profile and even their genetic predisposition. As standalone 5G is adopted, expect exciting developments in this area.

3. AI – Driving Analytics, Automation, and Robotics

When we talk about 5G enabling the IoT to flourish, whether as wearables or the myriad other devices that will soon be able to “talk” to each other, we need to take into consideration the massive amount of data this is already producing and will continue to produce. Healthcare data is growing faster than data in any other sector. AI and machine learning technologies will play an increased role in both managing and analyzing the data output, and the ability to put these technologies to work will be a key differentiator for healthcare organizations.

AI’s role in advancing genomics and cancer diagnosis through big data analytics is already well known, and we will continue to see breakthroughs in these fields. AI in the form of RPA platforms will make serious inroads into alleviating the admin burden in healthcare. Finally, 2020 will be an exciting time for the field of robotics, where AI is already augmenting workforce capabilities.

4. Harnessing VR and AR for Healthcare

While VR and AR technologies have been around for some time, their compute-intensive nature has always constrained their application in everyday life. VR is already being used to improve mental health, to help children with autism, to aid cognitive function recovery, to study disease and to train surgeons. 5G will enable these amazing use cases to scale massively because they will no longer be restricted to use in hospitals by high-bandwidth connectivity requirements.

5. 3D Printing

Advances in material science, manufacturing, and digital engineering are enabling 3D printing to come of age. 3D printing was used in to build a space rocket for the first time in 2019, while in the field of surgery, 3D printed prosthetics, tissue and organs are revolutionizing medical procedures and quality of life for patients. Digital engineering is enabling highly contextualized, responsive 3D printing, for instance, patient-specific organs. 3D printing projects are becoming increasingly cost-effective, thanks to the highly agile software infrastructure underpinning them, capable of continuous innovation and design alteration.

Learn how Apexon can put digital to work in your business in 2020. Fill in the form below.

Tags
ApexonARData EngineeringhealthcareServisbotVR

Interested in our Healthcare Services?

Contact Apexon +1 408-727-1100
Email us info@apexon.com

By submitting this form, you agree that you have read and understand Apexon’s Terms and Conditions. You can opt-out of communications at any time. We respect your privacy.

Thank you for contacting us.

Your message has been successfully sent. We will contact you very soon!

Subscribe to our Newsletter

Please enter valid data!

By submitting this form, you agree that you have read and understand Apexon’s Terms and Conditions. You can opt-out of communications at any time. We respect your privacy.

More AddThis Share options Share to Facebook Share to Twitter Share to Email
More AddThis Share options Share to Facebook Share to Twitter Share to Email

contact

Give us your toughest
digital challenges

Email us

We’ll make sure it gets to the right person

info@apexon.com

Talk to us

Our team is ready to answer your questions

+1 408-727-1100

SIGN UP TO RECEIVE OUR
CONNECT NEWSLETTER
Please enter valid data!

By submitting your email, you agree that you have read and understand Apexon's Terms and Conditions. You can opt-out of communications at any time. We respect your privacy.

  • EXPERIENCE
  • UI/UX
  • UX Strategy and Design
  • PLATFORMS:
  • Salesforce
  • Digital Commerce
  • DIGITAL ENGINEERING
  • Cloud Native Platform Engineering
  • Cloud Strategy
  • Cloud Migration
  • Cloud Enablement
  • Cloud-Native Development
  • Application Modernization
  • Site Reliability Engineering
  • DevOps
  • Chaos Engineering
  • IoT Development

  • Application Development
  • Custom Application Development
  • Low-code/No-code Development
  • Interactive Experiences
  • Connected Medical Devices
  • Intelligent Automation
  • Digital Assurance
  • Quality Transformation:
  • Quality Engineering Consulting
  • Testing Centers of Excellence

  • Core Testing:
  • Test Automation
  • Functional Testing
  • Performance Testing
  • Regression Testing
  • Security Testing
  • Intelligent Testing & Automation for Salesforce
  • Compatibility Testing
  • Selenium-Based Test Automation
  • Specialized Testing:
  • IoT Testing
  • Wearable Testing
  • Visual Testing
  • Intelligent Testing
  • Service Virtualization
  • DATA & ANALYTICS
  • Data Strategy
  • Data Engineering
  • Visualization
  • Advanced Analytics, AI/ML
  • Data Management & Governance
  • Managed Data Services

Apexon, Copyright © 2023 Infostretch Corporation. All rights reserved.