The world has witnessed the emergence and spread of infectious diseases throughout history. Plague, cholera, flu, and the most recent coronavirus outbreak taught us to be more careful about the looming crisis. The healthcare industry toiled and labored hard to counter the pandemic in every possible way. Thanks to the inventions and robust advances in the healthcare system and medical technology that help ascertain sickness befalling humankind. Needless to say, medical technology came to the rescue but was also exposed to the dire need for automation, efficiency, and enhancement within the system.
As we are heading into the future, the healthcare industry needs constant integration and novel technologies for rapid diagnostic testing, contact tracing, and drug repurposing to develop and produce vaccines to monitor our well-being. Technology is empowering, and utilizing tech intelligence, AI, and advanced medical research promises a healthier future for society.
As per Precedence Research, the global healthcare IT market was estimated at $282.99 billion in 2021 and is expected to hit around $857.58 billion by 2030, poised to grow at a CAGR of 13.1 percent from 2021 to 2030. Technology has improved our understanding of complex medical and physiological issues by transforming how we approach medical treatments. While our healthcare system is still evolving, recent technological developments in healthcare include personalized treatments, telehealth, surgical technology, artificial technology, and augmented reality.
Healthcare startups are promptly spreading their wings with the help of a growing emphasis on technology, finding innovative ways to treat and diagnose patients, providing reasonable care options and employing the best drug and research development.
In this edition, our goal is to provide readers with insights into how technology revolutionizes healthcare startups.
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