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MedTech Outlook | Monday, January 27, 2020
With the barriers to access hearth services are increasing exponentially, the number of patients and clinicians adopting connected medical devices is also growing.
FREMONT, CA: This era’s interconnected devices are being designed to enhance proficiencies, reduce the care expenses, and drive better outcomes in healthcare. With the improvement in computing power and wireless capabilities, enterprises are leveraging the potential of the Internet of Medical Things (IoMT) technologies.
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IoMT possesses the ability to allocate, analyze, and transmit health data, thus improving healthcare delivery. These applications play a significant role in the lives of patients and clinicians as these apps help in tracking and preventing chronic diseases.
IoMT’s potential in healthcare
IoMT’s capabilities include fewer errors, accurate diagnosis, and lower costs of care. By pairing it with smartphone applications, the technology enables patients to send their health data to their doctors for better surveillance of their diseases as well as tracking and preventing chronic illnesses.
For example, the Fitbit smartwatch helps in evaluating the patients with ischemic heart disease more accurately by recording their heart rate and accelerometer data at the same time. These kinds of technologies not only enhance the patient experience by eradicating the requirement for in-person medical visits but also help in reducing healthcare expenses.
IoMT also contributes to drug management by introducing smart pills that contain microscopic sensors, which on swallowing, transmit data to connected devices.
Some digital medicine companies like Proteus Discover emphasize the capabilities of their smart pills on measuring medication treatment effectiveness for enhancing clinical outcomes. Other companies are utilizing the pills for monitoring the internal health of the patients, which wirelessly transmit data like measurements of core temperature that are vital in life and death scenarios.
IoMT is growing
According to the report of AllTheResearch, the smart wearable device segment of IoMT, which includes smartwatches and sensor-laden smart shirts as well, has secured their most significant share of the global market in 2019, at roughly 27 percent.
This specific domain of IoMT is positioned for even additional growth as AI is incorporated into the connected devices and is capable of real-time analysis and remote measurement of patient data.
The expansion of the IoMT ecosystem is also providing opportunities to other technologies to flourish like kiosks that can provide connectivity to care providers. These kiosks help clinicians in monitoring and treating patients remotely, which is a critical need for patients in rural communities who struggle to recruit and retail, medical specialists.
The evolution of the IoMT ecosystem will continue to become increasingly impactful no matter where the patient is and what the condition is. The patients and clinicians in remote areas will benefit significantly as they will have better access to care through connected medical devices.
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