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The Future Of Internet of Things In Healthcare Industry

Published on 23 August 16
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The influence of Internet of things in healthcare has created a large set of data-fueled customers. As a result of this, consumarization of healthcare industry is increasing rapidly and redesigning many business models like never before.

on the other hand, people are living healthier lives by using connected devices such as wearable, tablets, and hand-held devices. This means that consumers now have the power to take care of their own health in a personalized way. Here is how It's happening:
The Future Of Internet of Things In Healthcare Industry - Image 1

Prospects of Internet of Things in Healthcare

Now, as you know how internet of things are connecting healthcare services with us, lets see it's future from business perspective.

According to a through research from Grand View Research Inc. it is predicted that the market of Internet of things in healthcare is going to increase radically each coming year. In 2012 it was a market of less that 30 billion whereas it is predicted that IoT will capture more than 200 billion by 2020 and 410 billion by 2022.
The Future Of Internet of Things In Healthcare Industry - Image 2

Here are some more predictions that need consideration:

1) IoT-enabled hospital labs will increase test through-puts by more than 3.02 billion diagnostic tests by 2020.

2) The improved health value of chronic disease patients through remote monitoring will be as much as $1.1 trillion per year in 2025.

3) Consumers using home health gadgets will increase to 78.5 million by 2020.

4) '4' million patients globally will remotely monitor health conditions by 2020.

Hence, this is going to be big, real big in coming five years.
The Future Of Internet of Things In Healthcare Industry - Image 3

How does Internet of Things in healthcare help?

The impact of domestically used medical devices and mobile healthcare apps that make up the IoT is increasingly getting importantance in the healthcare marketplace. These IoT enabled tools not only help in health management but also helps in preventing chronic diseases. Here are some of the applications of IoT :

1) Curing Chronic Diseases : IoT bridges the gap between the use of digital devices and monitoring a patient’s physiological conditions. As per example you can measure BP of hypertensive patients or glucose levels in blood and weight for diabetics and so on. The consistent data sent in by these devices are used to perform different analytic for curing chronic devices.

2) Remote Clinical Monitoring : This degree of automation enables doctors to monitor patients remotely and perform routine checkups without visiting places. Besides, remote monitoring helps to reduce move-out rates and employee productivity.

3) Wellness and Preventive Care: The boon of wearable technology has made health supervision convenient. Wearable devices keep a check on your current heath conditions and compare with previous scenarios. This enables to take preventive care and immediate actions in case of emergency.

The Future Of Internet of Things In Healthcare Industry - Image 4

Security Concerns for Internet of Things

Apart from all the facilities that is provided by internet of things in healthcare industry, a concern of security always keeps bothering. The recent cases of data hacks like Premera Blue Cross and Anthem Blue Cross Blue Shield hacks are making it an increasingly worrisome matter. This makes people tremendously nervous, especially when medical insurance providers have data vulnerabilities.

However, as technology develops and insurance providers, hospitals and doctors get more security savvy to stay ahead of any potential information hacks, the risk reduces. It is expected in the coming five years when the demands of internet of things in healthcare will be on top, these security concerns will not be bothering any more.

Wrapping Up

It was hard to believe only two decades ago that the healthcare world would ever be like this. Today, a lot are happening in 2016 around the intersection of internet of things and healthcare. So many people, companies, ideas, competing interests and technologies are coming together to take advantage of internet of things in healthcare.

The small businesses are becoming crucial part of large businesses and establishing themselves using this new technological evolution. We expect the effect of IoT to continue in upcoming 5 years and play a bigger role for the healthcare industry in near future.


The influence of Internet of things in healthcare has created a large set of data-fueled customers. As a result of this, consumarization of healthcare industry is increasing rapidly and redesigning many business models like never before.

on the other hand, people are living healthier lives by using connected devices such as wearable, tablets, and hand-held devices. This means that consumers now have the power to take care of their own health in a personalized way. Here is how It's happening:

The Future Of Internet of Things In Healthcare Industry - Image 1

Prospects of Internet of Things in Healthcare

Now, as you know how internet of things are connecting healthcare services with us, lets see it's future from business perspective.

According to a through research from Grand View Research Inc. it is predicted that the market of Internet of things in healthcare is going to increase radically each coming year. In 2012 it was a market of less that 30 billion whereas it is predicted that IoT will capture more than 200 billion by 2020 and 410 billion by 2022.

The Future Of Internet of Things In Healthcare Industry - Image 2

Here are some more predictions that need consideration:

1) IoT-enabled hospital labs will increase test through-puts by more than 3.02 billion diagnostic tests by 2020.

2) The improved health value of chronic disease patients through remote monitoring will be as much as $1.1 trillion per year in 2025.

3) Consumers using home health gadgets will increase to 78.5 million by 2020.

4) '4' million patients globally will remotely monitor health conditions by 2020.

Hence, this is going to be big, real big in coming five years.

The Future Of Internet of Things In Healthcare Industry - Image 3

How does Internet of Things in healthcare help?

The impact of domestically used medical devices and mobile healthcare apps that make up the IoT is increasingly getting importantance in the healthcare marketplace. These IoT enabled tools not only help in health management but also helps in preventing chronic diseases. Here are some of the applications of IoT :

1) Curing Chronic Diseases : IoT bridges the gap between the use of digital devices and monitoring a patient’s physiological conditions. As per example you can measure BP of hypertensive patients or glucose levels in blood and weight for diabetics and so on. The consistent data sent in by these devices are used to perform different analytic for curing chronic devices.

2) Remote Clinical Monitoring : This degree of automation enables doctors to monitor patients remotely and perform routine checkups without visiting places. Besides, remote monitoring helps to reduce move-out rates and employee productivity.

3) Wellness and Preventive Care: The boon of wearable technology has made health supervision convenient. Wearable devices keep a check on your current heath conditions and compare with previous scenarios. This enables to take preventive care and immediate actions in case of emergency.

The Future Of Internet of Things In Healthcare Industry - Image 4


Security Concerns for Internet of Things

Apart from all the facilities that is provided by internet of things in healthcare industry, a concern of security always keeps bothering. The recent cases of data hacks like Premera Blue Cross and Anthem Blue Cross Blue Shield hacks are making it an increasingly worrisome matter. This makes people tremendously nervous, especially when medical insurance providers have data vulnerabilities.

However, as technology develops and insurance providers, hospitals and doctors get more security savvy to stay ahead of any potential information hacks, the risk reduces. It is expected in the coming five years when the demands of internet of things in healthcare will be on top, these security concerns will not be bothering any more.

Wrapping Up

It was hard to believe only two decades ago that the healthcare world would ever be like this. Today, a lot are happening in 2016 around the intersection of internet of things and healthcare. So many people, companies, ideas, competing interests and technologies are coming together to take advantage of internet of things in healthcare.

The small businesses are becoming crucial part of large businesses and establishing themselves using this new technological evolution. We expect the effect of IoT to continue in upcoming 5 years and play a bigger role for the healthcare industry in near future.

The Future Of Internet of Things In Healthcare Industry - Image 5

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This blog is listed under Industry Specific Applications and Networks & IT Infrastructure Community

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  1. 17 June 17
    0

    Thanks for sharing very interesting & useful post. The influence of Internet of things has created a large set of opportunities in the healthcare industry. By embedding IoT-enabled devices in medical equipment, healthcare professionals will be able to monitor patients more effectively.

  2. 01 September 16
    0

    Thanks..

  3. 30 August 16
    1

    Looks Interesting and very useful information

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