The healthcare industry has transitioned well in using the internet of things technology. The technology has also seen a rise in profits, usage and popularity in the last few years.
The last few decades have seen a significant increase in the usage of the Internet of Things (IoT) technology. Gartner estimates that at any given time, a total of more than 21 billion devices are always connected in the ‘internet of things’ collecting data and performing all sorts of tasks.
The application of the technology has also grown with usage expanding to include door locks, smart speakers, smart homes, watches and medical devices. The growth of the industry has also seen a sharp increase of analysts using data obtained from the usage of the technology to improve their businesses and accelerate transformation.
Usage of the internet of things in the healthcare sector
The spread of coronavirus has highlighted the need for IoT technology usage in health care systems.
The usage of the technology in devices such as thermometers has gained popularity in flagging potential coronavirus patients. A significant rise in temperature is one of the major symptoms of coronavirus, Kinsa’s connected thermometer is analyzing data of its thermometers and determining possible coronavirus outbreaks.
Long before coronavirus interrupted the rhythm of everyday life, the health care industry was already spending heavily on the internet of things technology. Data compiled by Senior Reporter Lucas Mearian of Computerworld showed that for healthcare providers worth more than $100 million, 79 percent were already spending significantly on the technology.
The data also showed that the healthcare industries were expected to increase their spending on the IoT by almost 13 percent in the next fiscal year. The prevailing belief for 75 percent of healthcare providers is that the IoT would be able to deliver financial payback within three years.
IoT applications in the healthcare sector in fields such as coagulation testing, wearables that detect your vitals and health and report back, depression monitors and Parkinson’s disease monitors will help propel the technology as a standard in the healthcare sectors.
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