Healthcare Industry to Grow due to Cutting-Edge Technologies Being Introduced By IT and Telecom Sectors

  • Posted by Pragati P
  • May 19, 2016 7:42 AM BST
The Role of IT and Telecom in Healthcare Industry Analysis and Forecast 2015-2023

A new market research report by Transparency Market Research, titled “The Role of IT and Telecom in Healthcare Industry Analysis and Forecast 2015-2023”, presents an extensive study on the key roles of telecom and IT within the healthcare industry. The growth trends seen in the healthcare industry owing to IT and telecom playing major roles have also been illustrated in this study. The numerous opportunities, drivers, and inhibitors experienced by the healthcare industry in the forecast horizon have also been presented in this report. The growth of the industry has been estimated on the basis of revenue across various geographical segments. The competitive profiling of the prime players operating in the telecom and IT sectors and the various technologies introduced by them for the development of the healthcare industry are also a part of this study. Thus, the report provides a closer look on the healthcare industry, particularly from the perspective of the telecom and IT industry.

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As per the report, IT supports the healthcare industry by handling a number of peripheral and core operations of the industry. The functions of IT range from patient data storage to patient health monitoring to the presentation of optimal therapies for patients. Various cutting-edge technologies such as SaaS, telecom-centric solutions, and cloud computing have been specifically developed for the healthcare industry. The advent of telecom has also resulted in healthcare providers leveraging their conventional medical care resources such as clinics, hospitals, and equipment across a broader remote patient base. In addition, telecom providers have fulfilled the rising demand from the healthcare industry for greater bandwidth, mobility solutions, and high-performance technologies.

Moving further, the report states that the development in telecommunications has also enabled remote patient monitoring as well as accurate methodologies for the treatment and diagnosis of medical conditions. This is why the quality of medical care is predicted to immensely improve in emerging economies in the coming years. Further, the report states that 24/7 monitoring is made possible by the implementation of telecom and IT in the healthcare industry. This has resulted in an increasing demand for telecommunications and IT products within the healthcare industry and this demand is poised to increase in forthcoming years, as per this study.

The report states that owing to rising usage of interconnected networks as well as electronic health records (EHR), collaboration will be seen amongst care teams, clinicians, and organizations for optimization of treatment resources in the healthcare industry. In the last section of the report, the healthcare industry has been segmented on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World (RoW). Data regarding the performance of each regional segment is given in the report.