Blog | Healthcare | Life Sciences
5th January,   2023
Working as a Consultant, Product & Platform Engineering at Brillio. Business & Pre-Sales Consultant, MBA graduate from Balaji Institute of Modern Management, Pune in Marketing Management. Experience in Stakeholder Management Presenting Promotional Strategies & Hash-Tag Marketing, Performing Sales Forecasting & Industry Analysis across various markets.
In Modern Age, most of the impossible tasks are headed by technology. Similarly, in healthcare use of IoMT (Internet of Medical Things) is accelerated with the Digital Age. IoMT is the collection of medical devices & applications that connect healthcare to networking technologies, these are the devices equipped with Wi-Fi that allows easy M2M communication. IoMT further allows medical professionals to offer their solutions & services even in critical & remote areas. With a predicted CAGR of 29.5%, the worldwide internet of medical things (IoMT) market is expected to increase from $30.79 billion in 2021 to $187.60 billion in 2028. However, the problem prevails in the proper execution of an ideal plan which can ensure equitable healthcare service to underserved ones. And here, the digital solution seems promising. Teleconsultation and remote diagnostics can overcome geographical barriers and provide rural residents with proper accessibility.
Top IoMT Trends in the healthcare industry
Challenges faced by IoMT devices
Use Cases of IoMT devices
Conclusion
Looking at the advantages, IoMT provides comfort to patients because they can check their condition without having to frequently travel to medical facilities, freeing up hospital space for patients who are experiencing emergencies. Medical staff and equipment can be scheduled and distributed more effectively with the use of data gathered from connected medical devices, which also helps determine which resources are being used too much or too little. IoMT will pay off with better health outcomes and more effective use of your resources, even if it takes a significant initial investment of time and money. The healthcare industry is directly affected by COVID-19 since it is the epicenter of this unprecedented worldwide pandemic. It has caused the demand for IoMT devices to expand rapidly, which therefore influenced the global market.