No Matter What IoT Will Have Perks in Healthcare Industry
We all always wanted to look cool in front of others. That is why we are always buying new gadgets and expensive phones. The semiconductor industry has made everything possible. And with living in the age of super connectivity through the Internet we are seeing that role of IoT has exponentially increased. Nonetheless, IoT is making an impact on our lives. A network of interconnected devices, sensors, and systems that collect, transmit, and analyze data in real time is what makes the IoT special. This technology has the potential to revolutionize the way healthcare is delivered, managed, and optimized.
Glucose monitoring is one of the most common IoT applications. According to the national diabetes report, an estimated 34.2 million people have diabetes. Among them, 21.4 percents are adults and children. We know that diabetes can be cured if monitored correctly.
The global continuous glucose monitoring market is expected to reach USD 12.5 billion by 2026, growing at a CAGR of 9.7% from 2020 to 2026. (Source: Allied Market Research). This is because people do understand that health needs to come first. With real-time monitoring, they are getting more careful about what to eat and at what time.
How does IoT impact lives so that we are aware of diabetes?
● Continuous Glucose Monitoring (CGM): IoT-enabled CGMs can continuously monitor glucose levels and provide real-time data to patients and healthcare providers. This allows for better management of diabetes and can help prevent glucose level fluctuations and complications.
● Insulin Pumps: IoT-enabled insulin pumps can be programmed and adjusted remotely, and can automatically adjust insulin delivery based on real-time glucose levels.
● Mobile Apps and Dashboards: IoT technology can be integrated with mobile apps and dashboards to track and manage diabetes. Patients can input their data, view their glucose levels, and receive reminders and alerts for monitoring and treatment.
● Wearable Devices: IoT-enabled wearable devices, such as fitness trackers and smartwatches, can track physical activity, sleep patterns, and other factors that can impact diabetes management.
● Telemedicine: IoT-enabled telemedicine can allow patients with diabetes to receive virtual consultations with their healthcare providers, reducing the need for in-person visits and increasing access to care.
That was one of the great examples that will resonate with you. Because we see that all around us. IoT carries the potential to improve patient outcomes, increase efficiency, and reduce costs in the healthcare industry. Collecting and analyzing data in real time has made it possible to make informed decisions. This is making healthcare provide more personalized care to patients.
The healthcare industry is facing numerous challenges, but IoT technology has the potential to provide numerous benefits that will drive progress and improvement. Do you know that each year, around 7000–9000 patients die in the United States alone due to medication errors?
With IoT, we can improve medication adherence and reduce medication errors. Smart pills and smart pill bottles can track and monitor medication adherence in real time. This can provide valuable insights for healthcare providers and help improve patient outcomes by ensuring that patients are taking the correct medications at the correct doses. IoT technology can also be integrated with electronic medical records to prevent medication errors, such as incorrect doses or interactions with other medicines.
Let’s look at the major added perks that IoT can bring to the healthcare industry:
1) Care Towards Patients and Improved Outcomes: Healthcare professionals are the most dedicated persons who want to make sure their patients are okay. The improved cloud-based checking on them has made them closer to their patients.
A. Remote patient monitoring: IoT technology can be used to monitor patients’ vital signs, health data, and treatment progress remotely. This allows healthcare providers to track patients’ progress and make necessary adjustments to their treatment plans, leading to improved patient outcomes.
B. Telemedicine and virtual consultations: IoT technology enables patients to receive medical consultations and treatment from a remote location, such as their homes. This allows healthcare providers to reach a wider patient base and offer more convenient and accessible care.
C. Early detection and prevention of health issues: IoT technology can be used to detect health issues early and prevent them from becoming more serious. By collecting real-time data, healthcare providers can identify potential health problems and take proactive steps to address them.
D. Increased access to care and reduced wait times: IoT technology can increase access to care and reduce wait times by enabling patients to receive medical consultations and treatment from a remote location. This improves the overall patient experience and leads to better health outcomes.
2) Efficient Healthcare Management: When it comes to health one cannot wait to get approvals. Like in older ways, people have to get through the chain of management for some critical decisions. With IoT in place, there is zero gaps in this infrastructure.
A. Real-time data collection and analysis: IoT technology allows for real-time data collection and analysis, enabling healthcare providers to make informed decisions and take action in real time.
B. Improved supply chain management: IoT technology can be used to monitor and manage the healthcare supply chain, ensuring that essential medical supplies and equipment are available to patients when they need them.
C. Enhanced collaboration among healthcare providers: IoT technology enables healthcare providers to collaborate and share patient information, images, and other data with each other, regardless of their location. This leads to improved patient outcomes and a more efficient healthcare system.
D. Streamlined administrative processes: IoT technology can streamline administrative processes, such as appointment scheduling, billing, and record-keeping, freeing healthcare providers to focus on patient care.
3) More Utilisation of resources with effective cost savings: Moving to different areas to get consultations with doctors might not be an affordable choice for everyone. And you do want to get proper treatment which all the data. This is only possible with IoTs.
A. Reduced costs associated with in-person visits: IoT technology can reduce the costs associated with in-person visits by enabling patients to receive medical consultations and treatment from a remote location.
B. Improved resource allocation and utilisation: IoT technology can improve resource allocation and utilization by allowing healthcare providers to collect and analyze real-time data. This enables them to make informed decisions about resource allocation and ensure that resources are being used effectively.
C. Increased cost transparency: IoT technology can increase cost transparency by providing real-time data and insights into the costs associated with medical treatments and procedures.
D. Optimization of healthcare resources through data analysis: IoT technology enables the optimization of healthcare resources through data analysis, leading to a more efficient
IoT coverage in the industry over very long distances. Because it has the technology which enables it to communicate and exchange data over longer distances. It can be achieved through the use of advanced communication technologies, such as 5G networks, IoT devices, and cloud-based platforms. This allows for real-time monitoring and control of industrial processes and assets, even when they are located far from each other.
Long-distance coverage is critical for enabling the seamless and efficient operation of the Healthcare Industry. It allows for data to be collected, analyzed, and transmitted quickly and accurately, enabling informed decisions and taking action in real time. Long-distance coverage in Industry 4.0 can greatly benefit the healthcare industry in several ways:
● Telemedicine: With long-distance coverage, patients can receive medical consultations and treatment from a remote location, such as their homes. This allows healthcare providers to reach a broader patient base and offer more convenient and accessible care.
● Increased Collaboration: Long-distance coverage enables healthcare providers to collaborate and share patient information, images, and other data with each other, regardless of their location. This leads to improved patient outcomes and a more efficient healthcare system.
● Supply Chain Management: The healthcare industry relies on a complex supply chain to ensure that essential medical supplies and equipment are available to patients when they need them. With long-distance coverage, healthcare organizations can more effectively manage and monitor their supply chain, ensuring that essential supplies are always in stock.
The healthcare industry is facing numerous challenges, such as inefficient and fragmented healthcare delivery, managing chronic diseases, engaging patients, managing medical equipment, and improving clinical decision-making.
IoT technology has the potential to revolutionize the healthcare industry and provide numerous benefits that will drive progress and improvement. One such solution is IOSCAPE, which is delivering IoT solutions for Industry 4.0 with the advantage of long-distance coverage.
By leveraging IOSCAPE’s IoT solutions, healthcare providers and patients can benefit from improved efficiency, quality of care, and patient outcomes. For example, IoT-enabled wearable devices can track and monitor medication adherence in real time, reducing medication errors and improving patient outcomes.
Don’t miss out on the opportunity to improve your healthcare delivery and outcomes. Discover how IOSCAPE’s IoT solutions can help you achieve your goals.
Contact us today to learn more and start your journey to a brighter future for the healthcare industry.