A look at the top life sciences trends in 2023 Leave a comment
Health technologies allow people to access health care within the comfort of their own houses, which opens up new avenues for virtual healthcare. Whether they are wearable health technologies or specialized health technologies that are CE-certified, virtual health devices can vary widely
Fremont, CA:There has been significant growth and change in life science industry over the last couple of years. A sea of change is expected in the pharmaceutical and medical technology industries in the years to come.
Artificial intelligence (AI)
Medical device and pharmaceutical industries can benefit through a wide range of opportunities provided by Applied Artificial Intelligence (AI). Artificial intelligence makes predictions and executes learned actions based on learned machine intelligence. There are numerous industries that use it, including pharma, biotech, and healthcare. AI technologies are used by pharmaceutical companies, for example, in order to streamline drug discovery processes, accelerate drug research and development, and create more affordable therapies and medicines.
Pharmaceutical companies can also improve productivity and efficiency and speed up the production of life-saving drugs by using AI. Technologies that can identify biomarkers are being implemented by biotech companies to research and develop drugs and diagnostics. Diagnostic devices use AI algorithms to classify images so that physicians can diagnose diseases like cancer with ease. Aside from phenotyping screening and microbiome analysis, AI has many other applications in biotech.
Healthcare delivery can also be profoundly impacted by AI in several ways. Artificial intelligence can therefore improve healthcare productivity and efficiency by handling repetitive and administrative tasks, making healthcare professionals’ lives easier by making their jobs easier. Patients will remain loyal to practitioners who dedicate time in taking care of them in the long run.
AI can also help life sciences organizations engage with patients and healthcare professionals in an authentic and personalized manner. When used in tandem with human teams, artificial intelligence can gain insights from massive data sets more quickly, processing data more efficiently – automating workflows to make business processes run more efficiently and converting insights into actions to help businesses achieve more outstanding results when used in tandem with human teams.
Digitalization to catalyze Change in health
Healthcare through virtualization
Health technologies allow people to access health care within the comfort of their own houses, which opens up new avenues for virtual healthcare. Whether they are wearable health technologies or specialized health technologies that are CE-certified, virtual health devices can vary widely.
Telemedicine and telehealth
As a result of the pandemic, the journey accelerated. If an illness is not urgent, most people avoid visiting a physician. People with chronic diseases and the elderly especially need to see a physician more frequently. The benefits of telemedicine include the ability to consult with doctors without taking the risk of contamination. Sensors can be used by physicians to monitor vital signs, health records, and other personal information and diagnose patients through remote patient monitoring (RPM). Patients can track their vitals online or manually using a connected device, and the data is added to a central database (i.e., their EMR).
