We’re kicking off a new series about the intersection of IoT and leading industries.
To start the series, we’re looking at healthcare, and how IoT is helping doctors deliver world-class treatment while keeping healthcare workers and patients safe during the COVID-19 pandemic.
speaks with two guests from Pixel Health
, Dr. Neil Kudler
, chief medical officer, and Mike Machulsky
, executive vice president of strategic partnerships, as well as Mrinalini Lakshminarayanan,
global executive director for emerging technologies at Ingram Micro
- The global changes that have occurred in the healthcare industry
- What will hinder the industry over the next few years
- The proliferation of IoT in healthcare
- How IoT is addressing industry challenges
Global changes in healthcare
To say that the global healthcare industry has been affected by COVID-19 would be an understatement. The pandemic has caused significant changes within the industry including:
- Job turnover increased by 35%
- Average wages increased by 10% in healthcare, 14.7% in elder care and 13.8% in home healthcare, which increased the overall cost of healthcare
- IoT technology adoption has increased throughout the entire ecosystem
- Governments have started to promote digital health initiatives
- The market size of the medical device segment is expected to grow because of its role in gathering data for various IoT healthcare use cases
Upcoming industry challenges
Due to many of the changes, the industry will need to evolve.
“There’s a calling amongst all of us in every industry to step up and reconfigure how we are going to do business as usual,” Dr. Kudler says.
In healthcare, that means learning how to deal with staff shortages in the midst of a spike in COVID cases. It means learning how to deal with capacity surges. It means learning how to deal with the great resignation and the great retirement.
“IoT can provide some ease and some efficiency to the lives not just of our patients,” Dr. Kudler says, “but to those who deliver care to our patients.”
IoT adoption has grown exponentially in recent years, and according to Mike, it will continue to grow.
It's being driven by:
- Advances in virtual care delivery, including hospital at home
- Improvements in smart building technologies, enabling the hospital of the future
- Innovations in precision medicine via wearables and other persistently connected technology
- Supply chain monitoring and sustainability mandates
Addressing industry challenges
IoT has impacted the industry in numerous ways with use cases such as:
- Preventative maintenance tracking of medical devices which is freeing up anywhere from 1,200-2,000 man-hours per device
- Chain monitoring for medicine which ensures that medication has been maintained throughout the supply chain
- Technology within hospitals like emergency buttons for staff assistance or for bathroom assistance
“IoT is everywhere,” Mrinalini says, “and it is going to be ubiquitous.”
for more information.
For more information, email Julianne Ribarits
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