Press Releases from Healthcare IT Industry (25 total)
Increasing medication error and pool of geriatric patient to drive growth of the …
According to the World Health Organization (WHO) report in 2017, medication error costs US$ 42 billion annually worldwide. This figures suggest increasing demand for medication management system as essential part of an overall healthcare infrastructure. As per the World Population Prospect, 2017, Revision report by United Nations, in 2017, around 962 million people under geriatric category, which would demand for rising primary healthcare and long term care. This population is…
Population Aged Above 65 Years Forms The Bulk Of Home Healthcare Software Market
Home healthcare services market is expected to grow at a robust rate between 2016 and 2024, with emergence of new entrants in market and improving macroeconomic conditions worldwide.
Until recently, medical documentation involved cumbersome paper work. Technological advancements and introduction of advanced software has eased the way industry use to operate, making work process easier and more efficient. Healthcare industry has greatly benefitted from integration of IT systems. With technological advancements,…
Digital Transformation Of Medicine Is Exemplified By CPOE System
Digital Transformation of Medicine is Exemplified by CPOE System
Use of CPOE system significantly aids in reducing prescription and dispensing errors, reducing costs, improving patient care, and enhancing workflow automation. A study published in Applied Clinical Informatics in 2014 stated that increase in use of CPOE led to 63% drop in length of hospital stay. According to a study by the Agency for Healthcare research and Quality, by the end of…
Smart Cards In Healthcare Market - By Product Type Hybrid Smart Cards, Contactle …
Various government initiatives in the implementation of IoT technology via smart cards in the healthcare system is expected to fuel growth of the market
The Chhattisgarh government aims to improve the availability, affordability, and accessibility of healthcare with the help of the smart cards. For instance, in 2017, it announced to provide new health smart cards, which are expected to help low income group for cashless treatment at the registered hospitals.…
Medication Management System Market - Global Industry Insights, Trends, Outlook …
Medication management system involves the use of different IT based services by retail pharmacies or hospitals to provide right dose torightpatient at right time. Medication management system is becoming an essential part of pharmacies across the globe to improve operational efficiency by avoiding situation of overstocking, understocking, increased drug cost, drug adversity, and dispensing error. This is done by utilizing automated software and robotics system, which aids in inventory management,…
Internet of Things (IOT) Healthcare Market - Global Industry Insights, Trends, O …
The Internet of Thing (IoT) is a technology embedded with software, sensors, actuators, electronics and network connectivity through which data can be collected and exchanged. IoT provides better quality care to the patient by simplifying the experience of healthcare. Moreover, remotely connected medical devices, such as insulin pumps, cardiac monitoring device, and continuous positive airway pressure (CPAP) machines provide real-time patient information and remote patient monitoring over the paper-based healthcare…
Pharmacy Benefit Management Market - Global Industry Insights and Forecast till …
Pharmaceutical drug prices continue soaring up and contribute significantly to total healthcare expenditure worldwide. The cost of drugs has risen more than any of the healthcare expenditure. According to Milliman, an actuarial and consulting firm, prescription drug costs increased from 13.2% in 2001 to nearly 15.9% of the overall health spending for a family of four in 2015. Rising drug prices and increasing consumer spending on prescription drugs drives demand…
Artificial Intelligence in Healthcare Market - Global Industry Insights, Trends, …
Artificial intelligence (AI) refers to creation of unique systems with the help of algorithms and software that can perform certain tasks without human intervention and instructions. Artificial intelligence comprises integration of several technologies such as machine learning, natural language processing, reasoning and perception. AI is used in healthcare for the approximation of human cognition and analysis of complex medical and diagnostic imaging data. The basic aim for artificial intelligence in…
Computer Aided Detection Market - Global Industry insights - 2025
Computer Aided Detection (CAD) software is a set of algorithms that uses pattern recognition method assisting physicians with interpretation of medical images. Increasing number of patients opting for diagnostic imaging techniques is expected to propel the volume of image data to be analyzed. It is a diagnostic analysis technology, which assists physicians in reducing detection errors. CAD software is helpful in diagnosis of several diseases, such as cancer, coronary…
Mobile Health Apps and Solutions Market – Global Industry Insights, Trends, Ou …
Mobile Health Apps and Solutions Market Overview
Proliferation of mobile devices provides an entirely new and effective dimension to the healthcare industry, wherein solutions can be provided to end users in an extremely easy-to-use manner that can be accessed irrespective of the use location. Advent of mHealth apps and solutions have led the healthcare solutions market to expand its reach from hospitals to primary care and office space. The industry…
Attention-bias Modification Treatment App Market - Global Industry Insights, Tre …
Treatment for anxiety depends on the severity of the condition. Moreover, there are new options introduced frequently in the global market. These treatment options vary from medication to web-based platforms. These days even smart phones can help lower anxiety. For mild symptoms of anxiety changes in lifestyle, regular physical exercise, and reducing stress levels is recommended. One can also try e-therapies, which people can access from anywhere. For moderate to…
Biodetection Market share size and forecast upto 2024
Biodetection is witnessing increased acceptance owing to growing bio-terrorism, which in turn results in rising number of illnesses and related deaths. Bioterrorism attacks are carried out using biological agents or biological weapons such as potential pathogens and viruses. Biodetection systems indicate the existence or entry of these pathogens. Bioterrorism attacks are a major concern for governments, as these attacks negatively impact a large population at the same time. For instance,…
Drug Discovery Informatics Market – Global Industry Insights, Trends, Outlook, …
Drug discovery informatics and development is an extremely complex process that involves generation of large volumes of data. At present the market for drug discovery informatics is largely unmet. The existing approaches to gather information from various sources have been dealt with in some cases where the data types are very least well-defined or largely homogeneous. Nonetheless, the world on the verge of a new age of drug discovery informatics,…
Pharmacy Benefit Management Market - Global Industry Insights, Trends, Outlook, …
Pharmaceutical drug prices continue soaring up and contribute significantly to total healthcare expenditure worldwide. The cost of drugs has risen more than any of the healthcare expenditure. As per the insurance consultants at Milliman, drug costs were merely 16% of the overall health costs in 2015, which rose by 102% over a decade and accounted for around 14% in 2015. Rising drug prices and increasing consumer spending on prescription drugs…
Drug Discovery Informatics Market – Global Industry Insights, Trends, Outlook, …
Drug discovery informatics and development is an extremely complex process that involves generation of large volumes of data. At present the market for drug discovery informatics is largely unmet. The existing approaches to gather information from various sources have been dealt with in some cases where the data types are very least well-defined or largely homogeneous. Nonetheless, the world on the verge of a new age of drug discovery informatics,…
LOBAL ELECTRONIC MEDICAL RECORDS MARKET, BY PRODUCT TYPE (INPATIENT EMR, OUTPATI …
Electronic Medical Records – Digital Transformation in Managing Patient’s Records
The global healthcare sector is undergoing a wave of transformation, with digitization being the core focus area of service providers. Healthcare IT products and systems are in high demand in emerging nations such as India, China, Brazil, Indonesia, and also Israel, as part of the ongoing upgrade of healthcare infrastructure in these countries. This is expected to propel growth of the…
DEEP LEARNING IN DRUG DISCOVERY AND DIAGNOSTICS MARKET - GLOBAL INDUSTRY INSIGHT …
Deep learning is machine learning that analyzes large volumes of labeled and unlabeled data along with multi-dimensional and complex data with non-trivial patterns. It is touted to be a replacement for manual feature engineering with unsupervised feature learning. Massive influx of multimodality data in recent times further necessitates use of artificial intelligence for data analytics in health information systems. This in turn has impelled rise in deployment of analytical data-driven…
Big Data in Healthcare Market - Global Industry Insights, Trends, Outlook, and O …
Big data in healthcare market revenue is expected to grow at lucrative rate over the forecast period primarily due to increased digitalization in industrial process. Digitization is transforming industrial processes, functions, products, and services. Advent of e-commerce has resulted in a sudden spurt in data being generated by various companies. Also, with decades of research and development activities across the healthcare industry, there is a large amount of data, referred…
Healthcare Revenue Cycle Management Market Forecasts up to 2024, Research Report …
Revenue cycle management or RCM is a combination of revenue generation, payment, and claims processing. In layman’s terms, it is a healthcare system’s financial system. Its components include all clinical and administrative functions that consist of the management, collection, and capture of revenue gained from patient service. It is primarily the entire lifespan of a patient account in a healthcare organization. Revenue cycle management incorporates the use of specific technological…
Deep Learning in Drug Discovery and Diagnostics Market Forecasts up to 2024, Res …
Deep learning is machine learning that analyzes large volumes of labeled and unlabeled data along with multi-dimensional and complex data with non-trivial patterns. It is touted to be a replacement for manual feature engineering with unsupervised feature learning. Massive influx of multimodality data in recent times further necessitates use of artificial intelligence for data analytics in health information systems. This in turn has impelled rise in deployment of analytical data-driven…
Cardiovascular Information System Market - Global Industry Insights 2016-2024
Rampant rise in incidence rate of cardiovascular diseases worldwide, is fueling demand for a system that can aid physicians in managing patient’s cardiovascular medical records. This cardiovascular information system is a web-based system that would allow easy report generation and distribution. The cardiovascular information system (CVIS) provides on-time access to cardiovascular electronic medical records (EMR) in images, reports, and waveforms. The prime benefit of cardiovascular information system is that the…
Deep Learning in Drug Discovery and Diagnostics Market - Global Industry Insight …
Deep learning is machine learning that analyzes large volumes of labeled and unlabeled data along with multi-dimensional and complex data with non-trivial patterns. It is touted to be a replacement for manual feature engineering with unsupervised feature learning. Massive influx of multimodality data in recent times further necessitates use of artificial intelligence for data analytics in health information systems. This in turn has impelled rise in deployment of analytical data-driven…
Big Data in Healthcare Market Size, Share and Forecast upto 2024
Dearth of Skilled Manpower to Inhibit Growth of Big Data in Healthcare
Although, the market is huge in the developed nations, particularly in the U.S., dearth of trained personnel for analyzing big data is projected to limit the growth of this market in North America. Moreover, factors such as decreasing profit margins, slowdown in the global economy, and lack of skilled manpower is inhibiting growth of big data implementation in the…
Cardiovascular Information System Market - Global Industry Insights 2024
Rampant rise in incidence rate of cardiovascular diseases worldwide, is fueling demand for a system that can aid physicians in managing patient’s cardiovascular medical records. This cardiovascular information system is a web-based system that would allow easy report generation and distribution. The cardiovascular information system (CVIS) provides on-time access to cardiovascular electronic medical records (EMR) in images, reports, and waveforms. The prime benefit of cardiovascular information system is that the…
Healthcare IT Market Advancement, Emerging Evolution, Global Industry Analysis, …
Healthcare IT is a collective term used for solutions offered by information technology in the healthcare industry. These solutions offer better data management and secure exchange of health information among customers, governments, providers and insurers. There is a huge demand of general applications such as electronic health and medical record system and computerized physician order entry system along with specialized solutions such as clinical trials management system, data mining system…
