The Healthcare industry is the most significant in the world. But in many places, it is not sufficiently developed to cure patients and many patients died due to improper medical facilities. But there are many places where they have adapted new technology, IoT solutions, to the healthcare industry and also made too much improvement in the healthcare industry. IoT-based solutions are providing many benefits to the healthcare industry and also to the world’s GDP. The report mentioned that The IoT market in healthcare is expected to grow USD 188 billion by 2024, at a CAGR of 27.6% during the forecast period.
We will talk about the IoT-based solutions benefits and other factors that contribute to changing the face of the world’s healthcare industry.
What is IoT Solutions?
In technical words, IoT Solutions are the integrated system of interrelated computing devices, mechanical and digital machines, and objects, that are integrated with sensors, software, and other technologies to join and exchange data with other devices that companies can utilize to solve business problems more.
In healthcare IoT solutions are used to improve patient outcomes and reduce healthcare costs. There are also many positive factors present that are improved by IoT solutions.
How IoT Solutions Revolutionizing the Healthcare Industry?
IoT solutions have great potential and multiple applications, from remote monitoring to medical device integration. IoT-based solutions make other devices work faster with accuracy which helps doctors to make the right decision at the right time. This will surely lead to lessening the death rate of the world that occurs every second due to improper medical treatment and facilities. There are also many instances in which Artificial intelligence integrates with IoT solutions that are producing incredible outcomes.
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Features of IoT solutions
IoT-based solutions have multiple features that are making a positive impact on the healthcare industry in many corners of the world. Here are some of the key features of IoT solutions mentioned below.
Integration
IoT solutions have features to easily integrate with the other devices and the systems that make it more enhancive to be used for.
Connectivity
Connectivity is the lifeline of an IoT platform, enabling sensing and detecting devices to send the data they collect to the cloud or directly to other devices.
Reliability
The IoT-based solutions are reliable to execute as they have the least chance of risk occurrence. The data collected by devices with the integration of IoT solutions are accurate and reliable.
Data visualization
IoT solutions create and offer dynamic and interactive dashboards that show visual reports in analytics-oriented languages with real-time data. This helps decision-making based on real-time data.
Self-configuring
This is one of the most important characteristics of IoT as IoT devices can upgrade their software by requirements with a minimum of user participation. It can also create a network that connects with the existing network.
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Use cases of IoT-based solutions in the Healthcare Industry
There are several use cases of IOT-based solutions in the healthcare industry that are mentioned below.
IoT solutions for practitioners
IoT solutions can help practitioners to keep better track records of their patients. These solutions can also be used to develop devices that detect the patient’s condition and make them learn to be a practitioner. It can be beneficial for both practitioners and patients too.
IoT for health insurance companies
IoT connects intelligent systems as data obtained by health tracking systems may be used by insurance providers for underwriting and claims management. This will allow the company to manage the proper data.
IoT solutions for Hospitals
The Internet of Things-based solutions can be used to modify a wide variety of medical instruments, including wheelchair users, heart monitors, nebulizers, oxygen supplies, and other power storage devices.
Diagnosis of Cancer Disease
IoT-based solutions or software and devices can be used to identify cancerous diseases in an early stage that does not cause too much damage. Devices detect the cells that are affected by cancer and show them on the monitor.
Also Read: Top IoT Security Challenges and Solutions
Benefits of IoT Solutions in the Healthcare Industry
Here are some benefits of IoT solutions in the healthcare industry mentioned.
To Enhance the Capability of Preventive Medicine
Using IoT solutions, doctors can diagnose the patient’s condition immediately if they need prevention or if they are going to be affected by this disease. Due to this, doctors can resolve the problem before creating and taking preventive medicine. This action leads to working on preventive medicines more effectively.
Reducing Errors
Sometimes, the doctor works on an incorrect test or conclusion. In medicine, the social aspect
may have important consequences. This can be prevented by the IoT solutions as IoT-based solutions are accurate and have the least error rate.
Speed up Patient Data Collection
In hospitals, doctors take too much time to collect various data from patients, carefully read those data, and then conclude. It can sometimes be a time-consuming process where IoT can provide the data immediately. IoT connects with AI then there can be care solutions too.
Medical Equipment Management
The healthcare industry is using IoT-based software to manage their medical equipment too as it can detect problems in equipment if there is any error then it will be detected easily.
Cost Savings
IoT provides for real-time patient tracking, reducing the amount of unwanted medical
appointments, hospital stays, and re-admissions. This leads to cost savings and time savings for the patients and healthcare workers too.
Challenges Faced While Adapting IoT Solutions in Healthcare
As we have seen, IoT-based solutions offer a wide range of features, benefits, and applications. However, some challenges could be a concern while adapting IoT solutions in healthcare. Here are some challenges mentioned below.
- IoT-enabled devices capture data and process it in real-time if the devices do not have a security protocol then there could be a risk of cyberattack to steal the data. So data and security can be a concern while using an IoT solution in healthcare but it can be escaped if checked before the security protocol is implemented.
- Data overloading is also a concern as if there is a lot of data to process then sometimes IoT solutions-based devices overload and make a negative impact on the accuracy.
- Cost can also be a concern while implementing IoT is very high but later surely you will get the worth of it.
Also Read: How IoT Technologies benefits Agriculture all over World
Final Words
The IoT solutions in healthcare industry has a bright future. You can also remember the time of the pandemic when many healthcare industries developed the industry with smart IoT solutions-based devices. It has a big market too then it also has a positive impact on revenue. Iot-based innovations enhance the product by combining small improvements to have a greater result.
