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Showing posts from February, 2019

The Technological Advancement of Healthcare in India

Technology has taken the world by storm, and almost every aspect of our lives has become either technology dependent or technology driven. Be it for entertainment, studies, shopping or healthcare, technology plays a critical role in every sphere of life nowadays. As far as healthcare is concerned in India; this sector is witnessing a paradigm shift from a static condition to a dynamic one where technological advancement is playing a pivotal role. Breaking through the conservative means of treatment, the Indian healthcare sector is increasingly becoming dependent on updated methods of treatments to ensure faster cure. With the advent of technology, the diseases that were earlier not even included within the periphery of treatment are now getting treated and cured. Improved doctor-patient interactions Reaching a doctor in the time of emergency and to fix an appointment on time is the pre-requisite for the initiation of any treatment process. Earlier, setting an appointment ...

India Attempting a Complete Shift from Manual to Technology-Based Healthcare Services

The healthcare services market is growing by leaps and bounds, bringing in new opportunities, challenges, and also potential risks with respect to the services provided. The rapidly transforming medical science and technology along with the changing industry patterns and trends have revolutionized the sector. Technology today has become the backbone for any industry and healthcare is no exception to it. The availability of technologically advanced diagnostic and therapeutic equipment together with interoperability and connected devices are overturning the way the sector functions and have served to significantly improve the way the healthcare services are delivered. Major technological advances like advanced analytics, machine learning, Artificial Intelligence, digitization, and the Internet of Medical Things have found their path successfully into the healthcare sector. Numerous applications in the healthcare arena are presenting forth opportunities that would help address the k...

Better Public Access to Health Insurance is the Key Contributor to the Growth of the Health Industry

Healthcare is one of the major industries that India has today, and it caters to a large mass in multiple ways. With significant changes in the overall set-up of the industrial infrastructure and policy implications, the health sector is one of the dominant names in the market today. As known by all of us, ailments are something that can be hardly predicted. With the high probability of a sudden occurrence of diseases or any other health issues, the healthcare sector deals in one of the most vulnerable services. The people seeking health services may also be in a state of jeopardy in case of an abrupt or unpredictable health emergency. Thanks to the presence of the insurance sector that plays a crucial role here in bridging up the gap between the unpreparedness of the patient’s party and the emergency requirement of the services. Health insurance is a part of the total healthcare system that keeps the functioning service oriented and smooth. The growth that this sector has been showc...

How Does the Health Insurance Industry Works?

In today’s healthcare system, the quality and access of care services to the public has always been a matter of concern. With the private health market rapidly developing and bridging the gap between government funded care and consumer demands, there exists a constant rise in healthcare expenses. Moreover, the proliferation of healthcare technologies, the emergence of NCDs, and increasing cost of care has all led public healthcare to become expensive and unaffordable for a larger section of the population, particularly, the middle-class and underprivileged. As a result, there comes the need for healthcare options that help people manage the financial burdens arising out of healthcare requirements. This is exactly where the need for health insurance arises, and this is how the health insurance industry flourishes. The growing set of complexities in the private health sector in terms of growth, increasing costs, and the changing epidemiological patterns have contributed to the rise...

Healthcare will be Powered by Visual Technologies in the Near Future

When it comes to healthcare, technology has been playing a critical role, not only as a convenience tool but also in the form of cost-effective, life-saving innovations. With the healthcare industry growing by leaps and bounds in recent years, there have been significant innovations and technological advancements transforming the sector for better. Notably, the visual technologies and communications within the sector have become an integral part of modern medical technologies, paving the way for an improved and enhanced healthcare experience. No doubt, the future of healthcare will be patient-centric, doctor-directed, and powered by visual technologies. Visual Technologies in Healthcare Healthcare, over the next decades, is being predicted to become more and more digitized. Large swaths of personal visual data would be captured with the aid of artificial intelligence and automation software to provide precision care. Visual data from modern technologies such as X-rays, ultras...

India to Take Over as a Global Healthcare Hub!

India accounts for the second largest population in the world securing its place right after China. This huge number not only refers to resource consumption but also indicates a larger pool of people always available for the development of fresh initiatives. India has a diverse market accommodating multiple business domains like retail, FMCG, education, health, and much more. However, one sector that has been emerging as a vital force contributing significantly to the Indian economy in terms of GDP is the healthcare sector. The crowd involved in serving the industry as well as that on the receiving end is massive, and the sector contributes to a major share of the total economic growth registered by the nation in every fiscal year. The approach to healthcare and wellness has changed over the last few decades. People these days are more inclined towards maintaining general well-being rather than addressing sporadic requirements generating out of unexpected situations or emergencies. W...

Healthcare Sector to Generate Millions of Jobs in India by 2030

The healthcare sector has always remained one of the key drivers of the global economy. As long as life exists on the planet, the need for proper healthcare infrastructure is inevitable. It is the years-long dedication and extensive research and developmental activities that have ensured the sustenance of life on earth and the eradication of numerous diseases. Today, the world is immune to multiple diseases that used to be life-threatening even a few decades ago. Billions of dollars have already been invested in the health care sector, and in the near future as well, the investment amount is not showing any signal of slowing down. In fact, there would be more developments in the sector, courtesy to an increased amount of funding around the globe. The World Health Organization (WHO) has ranked India at 112 th position in terms of the country-based health system. However, there is still much room for improvement since this rank is well below the positions of lesser developed countries...