Source: Afternoon

Vipul Jain, CEO, Advancells

Healthcare Industry in India is at its peak of success already, in terms of both, revenue and employment. Looking at the current world market standards, we are doing fairly well by employing tech-savvy medical devices, clinical trials; outsourcing the best resources; introducing telemedicine and stem cell treatment; and improving the vertical of medical insurance. Overall, the sector is achieving heaps of success due to its broader coverage, improved services, and higher expenditure.

The public as well as the private segment of Indian healthcare delivery system further comprises of limited secondary and tertiary care institutions in cities and metros, tier I and tier II cities, respectively.

Indias competitiveness can be estimated by the large pool of well-trained medical practitioners. Also, the cost of treatment here is comparatively cheaper than the rest of Asian and Western countries.

Assuming the current scenario and the fact that consumers are becoming aware, informed and demanding for their own health, it is believed that these predictions shall be fully functional by the end of 2020:

1. Patients will take healthcare advice on social media

Online networking is rapidly getting to be one of healthcare’s best promoting platforms. About 90,000 medical practitioners use Twitter for everything from sharing news about their practices to talking about medicines and answering their patient’s concerns. Other social locales, as Facebook, are also increasing their prenence, as live video is changing how specialists and different professionals associate with their patients specifically.

In fact, it is believed that the patient outcome and experience data in the future shall include Friends and Family Test, open reviews, Patient Reported Outcome Measures (PROMs) and related measures, social media life investigation, online activities and feedback.

2. Healthcare will be directly delivered to the homes

The health care industry today is confronting difficulties on all fronts. Patients are stood up to with soaring consultation costs, while health care specialists must need to communicate across their groups, from admission to in-home treatment for enhanced patient consideration and security.

At-Home Healthcare Agencies of the future shall accommodate the rising interest for consideration with operational expenses. Medical attendants will invest more energy overseeing the patients data, than any time in recent history, to ensure that the diagnosis of illnesses and treatment are provided timely at home. Portable medicinal services applications will also significantly change the manner in which healthcare offices work. Above all, the patient will get the most ideal consideration, in light of the fact that the staff has the most recent, significant, and important data about every patient’s condition and consequently improving cooperation while conveying home care services.

As mobile phones and smart applications will keep on developing, they will be utilized in extra ways, including utilizing the camera, getting to the life on social media, employer portals or health care sites, and connecting to wireless gadgets.

3. Regenerative Medicine will open more windows

Albeit stem cell as a field has existed for more than 10 years, shockingly minimal essential research has been done. All together for the field to propel, researchers are exploring the major cellular connections and evolving strategies for cell generation and preservation. As for 2020, some of the scientists have predicted for a healthy environment where stem cells can perform therapies for both, patients and industrial research and development. Some believe that diseases such as macular degeneration, arthritis, ALS, and such could be cured with effective stem cell therapy thus increasing the lifespan and quality of life of individuals. In order to be more efficient, several academic hospitals shall also coach young scientists and medical practitioners the physician training in stem cell-based medicine.

4. Healthcare right on your mobile devices

Technology on-the-go, i.e. your smartphone today is capable of a lot of things except for just keeping you connected. But by 2020, this smart device is expected to combine digital health and human interaction by harnessing technology in a way that patient-centered care facilities are provided on the tip of the fingers. Virtual visits, as it is called, refers to providing facilities such as enabling users to exchange messages with the doctors, book appointments, refill prescriptions, and check their medical records and lab test results, all on their smarter devices.

With the support of an App, the users will be also be able to make self-service transactions while the doctors will have a better way of prevention, health analysis, and health vision. The introduction of Artificial Intelligence to the healthcare is here to ensure accuracy, speed, and cost-effective measures to diagnose health conditions.

5. Rise in the use of wearable and mHealth services

Smart devices that can monitor your steps, in activeness, and calories burnt are already very popular today. However, by 2020 these devices are expected to revolutionize healthcare through completely transformed functions such as remote monitoring, disease management, an early inspection of fatal disorders by bio-sensing the vital signs in a human body.

The senors will collect data such as sleep cycle, fall detection, heart rate functioning, body temperature regulation, and the likes. In future, these wearable will have a capacity to track your glucose levels, hearing quality, medication-intake behaviors, blood pressure, and weight bearing. This data shall help doctors manage a chronic disease.

6. Big Data of 2020

The future of healthcare shall largely depend on the information sources such as electronic health records and patients provided data. This will allow doctors and surgeons access, share, and form diagnosis from anywhere in the world. This shall not only impact the national economic development of the country but will also bring new capabilities (like data management) and partnerships (like hospital systems) virtually closer; hence, blurring the boundaries between traditional research and modern day development and commercial functions.

However, the pharmaceutical companies will have to become more aware and developed in order to deal with the complexities of different health systems and keep an up-to-date track record of data analysis for day-to-day decision making.

In all, the key to the future of healthcare will be the IT spine that will keep running all through, and incorporates systems, associated information and man-made consciousness to create measured results and amplified quality.