Home > Internet of Things > The Role of IoT in Healthcare Industry: Application and Benefits

The Role of IoT in Healthcare Industry: Application and Benefits

Role of IoT in Healthcare Industry

Patient’s contacts with doctors were restricted, until the IoT (Internet of Things), to appointments, conferencing, and text messages. Doctors and hospitals were unable to keep track of their patient’s health and make rational decisions.

With the Internet of Things technologies, remote surveillance is now available in the healthcare industry. Which can keep patients safe and protected. At the same time enabling medical practitioners to provide better care while they are away.

With technology tools like video conferencing combined with real-time health statistics available to medical practitioners, communication with doctors has become smoother and more effective resulting in increased trust and satisfaction for the patients.

Internet of Things (IoT) Applications for Healthcare:

The Internet of Things has the potential to fully improve healthcare for all the stakeholders in the ecosystem including but not limited to patients, medical practitioners, caretakers, hospitals, and insurance companies.

Look at the stats and you will know how much IoT affecting the healthcare sector.

The Healthcare IoT market worldwide is projected to reach a revenue of US$108.60bn by 2024.
It is expected to show an annual growth rate (CAGR 2024-2028) of 11.47%, leading to a market volume of US$167.70bn by 2028.

In terms of global comparison, in the United States is expected to generate the highest revenue with US$9,377.00m in 2024.

IoT in helathcare

How Healthcare is Transforming Through the IoT Technologies

IoT for Patients -The Internet of Things has changed people’s lives, especially the lives of elderly patients, by allowing them to track and control their health conditions and issues. This has a huge impact on single persons and their families. When a person’s daily activities are moved, an alarm system sends warnings to family members and informed healthcare.

Wearables such as exercise bands and other wirelessly wired instruments such as blood pressure and heart rate control cuffs, and glucometers. IoT devices provide patients with personalized care. These machines can be designed to remind you of things like calorie counting, exercising, appointments, blood pressure changes, and much more.

IoT for Medical Practitioners – Medical practitioners can keep better track of their patient’s well-being by using wearables and other IoT-enabled home surveillance devices. They will keep track of whether or not patients are sticking to their recovery schedules, as well as whether or not they need emergency medical attention. IoT allows healthcare providers to be more vigilant and compassionate in their interactions with patients.

IoT for Hospitals – The Internet of Things can be used in a wide variety of medical instruments, including wheelchair users, heart monitors, nebulizers, oxygen supplies, and other power storage devices.

For hospital patients, infection spread is a big concern. Hygiene management devices with IoT capabilities help in the prevention of infection in patients. Asset management, such as medication inventory tracking, and environmental control, such as measuring refrigerator temperatures and controlling humidity and temperature, is also made simpler with IoT devices.

IoT for Health Insurance Companies – With IoT-connected intelligent systems, health insurers have a variety of options. Data obtained by health tracking systems may be used by insurance providers for underwriting and claims management. They will be able to diagnose fraud allegations and classify underwriting opportunities using this information.

Benefits of IoT in Healthcare

Benefits of Healthcare Industry

Cost savings: IoT provides for real-time patient tracking, reducing the amount of unwanted medical appointments, hospital stays, and re-admissions.

Enhances the capabilities of preventive medicine:

Using IoT software, we can obtain a better understanding of the patient’s condition and react accordingly. Instead of waiting for symptoms to appear, doctors may use the information obtained to detect changes and easily resolve any concerns. For these reasons, the use of neural networks for data analytics under large amounts of IoT data is acceptable.

Increased hospital staff versatility and alertness: 

This is one of the most important IoT benefits of healthcare that would benefit frontline workers. In the case of a pandemic influenza epidemic, a growing number of patients may need urgent medical assistance.

Doctors are being forced to take on positions that they are not qualified to manage. They need software that helps them to track thousands, of patients in real-time. They can receive immediate alerts when critical changes in patient parameters occur, and quickly locate patients. Who require assistance, and direct assistance as soon as possible using IoT tracking systems.

Drug and Medical Equipment Management:  Healthcare providers can use IoT and medical software for medical practitioners to remotely verify whether a patient has taken their medications and if they haven’t, the therapist can call and inform the patient, or even simplify the procedure.

Reducing Errors: Usually, results turn wrong, or the doctor works an incorrect test or conclusion. In medicine, the social aspect may have important consequences. This is generally avoided with IoT due to checks and balances. The device can have the best performance in terms of diagnostic accuracy.

Patient data collection is sped up: Doctors usually spend hours analyzing various types of data. With the help of  IoT, it will take a few minutes. Furthermore, the IoT when paired with AI and machine learning, will have care solutions.

How IoT Helps In Healthcare, What Process It Follows

Imagine tiny, invisible helpers keeping a watchful eye on your health. That’s the magic of Internet of Things (IoT) devices in healthcare!

Gathering Information: Imagine a smartwatch that feels your pulse or a smart patch stuck to your arm that measures your temperature. These are just some examples of sensors, which act like tiny detectives, constantly collecting data about your health. They can track things like heart rate, blood sugar, sleep patterns, and even medication intake.

Doctor’s Notes: Sometimes, doctors and nurses might also add information to the mix. They might use special tablets or apps to record notes about your symptoms, medications, or allergies. This extra human touch helps the smart devices understand your health story better.

The Smart Assistant: All the information collected by the sensors and doctors goes on a journey to a secure online storage space called the cloud. Here, smart algorithms, like mini-geniuses called machine learning (ML), analyze the data. They look for patterns and clues in the information, just like detectives piecing together a puzzle.

Informed Decisions: With all the information gathered from sensors, doctors’ notes, and the smart analysis, doctors can make informed decisions about your health. They can adjust your medication, recommend additional tests, or simply give you peace of mind knowing everything is okay.

Because of its diverse range of applications in various sectors, the growth of IoT is inspiring for everybody. It has a lot of functions in healthcare.

  • Reducing emergency room wait time
  • Tracking patients, staff, and inventory
  • Enhancing drug management
  • Ensuring the availability of critical hardware

IoT has since launched a range of wearables and accessories that have made patient’s lives easier. The following are the devices:

1. Hearables: These innovative devices are not just for listening to music anymore. Smart headphones and earbuds are increasingly being equipped with sensors that can track vital signs like heart rate, blood oxygen levels, and even brain activity. This real-time data can be used to monitor for potential health issues like arrhythmias or sleep apnea, allowing for early intervention and improved management.

2. Ingestible Sensors: This revolutionary technology involves swallowing miniature sensors that can travel through the digestive system and transmit valuable data about internal conditions. These sensors can monitor factors like temperature, pH levels, and even the presence of specific biomarkers, aiding in the diagnosis and management of gastrointestinal disorders and other internal ailments.

3. Moodables: These wearable devices go beyond tracking steps and calories. They can employ various sensors and algorithms to assess mood, stress levels, and even sleep quality. By analyzing factors like heart rate variability, skin conductivity, and activity patterns, moodables can provide valuable insights into mental and emotional well-being, allowing for personalized interventions and improved mental health management.

4. Computer Vision Technology: Cameras and other visual sensors are finding novel applications in healthcare through IoT integration. For instance, smart glasses can be used by healthcare professionals to assist in remote consultations, allowing them to examine patients virtually and access real-time visual information. Additionally, computer vision can be employed in wound care, analyzing images to track healing progress and identify potential complications.

5. Healthcare Charting: The traditional pen-and-paper method of medical recordkeeping is gradually evolving with the advent of IoT. Wearable devices and sensors can seamlessly integrate with electronic health records (EHR) systems, automatically capturing and transmitting vital signs, medication adherence data, and other relevant information. This real-time data not only streamlines charting and documentation but also provides healthcare professionals with a more comprehensive picture of a patient’s health, facilitating informed decision-making.

Read About: 7 IoT App Development Trends You Must Explore In 2024

Conclusion

In recent times, the future of IoT in healthcare seems bright. The current state of the market, as a result of the pandemic. Has once again shown the importance of using technologies like IoT, big data, and AI to improve. The safety and security of healthcare.

The Internet of Things is changing the way healthcare services are delivered. These innovations enhance the product by combining small improvements to have a greater result.

Please visit our IoT Development Company page if you have any concerns or would like more details about it. You can also reach out to us via email at info@hashstudioz.com


Akshara Srivastava
Experienced in creating and fueling Digital presence of an organization through active and passive techniques and creating awareness and consumer engagements using various methods on various social networking platforms.
https://www.hashstudioz.com/

Leave a Reply

Your email address will not be published. Required fields are marked *