IT supports the healthcare industry by handling a number of peripheral and core operations of the industry. The functions of IT range from patient data storage to patient health monitoring to the presentation of optimal therapies for patients. Various cutting-edge technologies such as SaaS, telecom-centric solutions, and cloud computing have been specifically developed for the healthcare industry. The advent of telecom has also resulted in healthcare providers leveraging their conventional medical care resources such as clinics, hospitals, and equipment across a broader remote patient base. In addition, telecom providers have fulfilled the rising demand from the healthcare industry for greater bandwidth, mobility solutions, and high-performance technologies.
Strategic decision making needs to be based on verifiable data, as one false step in an intensely competitive environment could mean millions of dollars lost. The report thus takes a close look at the healthcare market specifically from the standpoint of the IT and telecom industry. Opportunities for the monetization of healthcare processes form a key component of the report. Major geographies, latest market trends, and projected growth figures are cohesively documented in the report. This data forms the foundation for recommendations for future growth.
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Advancements in telecommunications and IT have made it possible to monitor patients remotely and also to use more accurate methodologies to diagnose and treat medical conditions. As a result, the quality of medical care available to patients in the developing world is poised to greatly improve. Round-the-clock monitoring has been made possible with the use of intelligent IT and telecom solutions in the health industry. Telemedicine is an area that holds immense potential, and medical establishments are looking at opportunities for investment here. Thus, the demand for IT and telecommunications products in the healthcare sector will continue to see an upward trend in the coming years.
Moving further, the report states that the development in telecommunications has also enabled remote patient monitoring as well as accurate methodologies for the treatment and diagnosis of medical conditions. This is why the quality of medical care is predicted to immensely improve in emerging economies in the coming years. Further, the report states that 24/7 monitoring is made possible by the implementation of telecom and IT in the healthcare industry. This has resulted in an increasing demand for telecommunications and IT products within the healthcare industry and this demand is poised to increase in forthcoming years, as per this study.
The report states that owing to rising usage of interconnected networks as well as electronic health records (EHR), collaboration will be seen amongst care teams, clinicians, and organizations for optimization of treatment resources in the healthcare industry. In the last section of the report, the healthcare industry has been segmented on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World (RoW). Data regarding the performance of each regional segment is given in the report.
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