A well-known market intelligence company, Infiniti Research, has announced the completion of its latest article – how will telemedicine revolutionize the healthcare industry.
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This blog provides comprehensive insights on:
- An overview of the healthcare industry
- How telemedicine will revolutionize the healthcare industry
The healthcare industry has seen numerous technological advancements that are driving growth and efficiency. Generic medicines, data analytics, real-world evidence, electronic health records (EHR), and medical wearables are some of the examples of such technological advancements. However, despite these developments, physicians and patients are more excited about telemedicine. Telemedicine makes use of telecommunications technology such as phones, tablets, and computers so that healthcare professionals can deliver quality healthcare to patients from any part of the world. Additionally, telemedicine also allows doctors and physicians to consult with one another in the diagnosis or treatment of the patient without having to leave their facilities.
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The experts at Infiniti Research have listed out how telemedicine will revolutionize the healthcare industry:
Convenient and Accessible Healthcare: Each place has a geographical distribution that is not always ideal. For instance, the majority of the population will be centered around main cities, with few dispersed in the outskirts and small towns. The problem with such dispersion is that even the infrastructure such as healthcare facilities will be sparsely distributed. Such distribution can be problematic for patients who might not be able to access healthcare facilities easily. Telemedicine arrives as a boon to the healthcare industry as it can deliver healthcare services even in remote or rural areas; thereby, negating the shortage of medical professionals or hospitals. Additionally, it also extends to urban lifestyles where busy schedules can make it difficult to avail healthcare services on-demand.
Reduction in Healthcare Costs: Apart from assisting medical professionals and patients, telemedicine also enables medical providers, insurers, and employees to reduce healthcare costs and save money. The emergence of HIPAA-compliant mHealth (mobile health) apps, secure messaging solutions, and remote monitoring and online management systems has drastically reduced unnecessary physical check-ups and ER visits. Diagnosis of simple health issues such as skin rashes, colds, sore throats, and flu can be easily eliminated by doctors remotely analyzing the symptoms.
You may also like to read some of our recent articles on healthcare industry:
- Staying Prepared to Combat the Pandemic: Lessons for the US Healthcare Industry from Italy’s Response Flaws
- Confronting Change Fatigue in the Healthcare Industry
- The US Healthcare Industry Analysis 2020
Want to know more about the market trends and strategies to gain a better foothold in the healthcare industry post-COVID-19 crisis? Request more info.
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us