Today virtual health technology is at the front-tier of care delivery. The explicit knowledge of virtual healthcare among people is revolutionizing the healthcare sector. The shifting perception of the healthcare providers, supply chain vendors, and patients is redefining the facets of healthcare – sprinting the deployment of virtual health technology.
A few years back, thinking of virtual care settings was far-fetched. But the pronounced adoption of virtual healthcare technologies – driven predominantly by the COVID outbreak has established its foothold strongly in the market. The AI-powered virtual assistants offer personalized experiences to patients.
The consumerization of healthcare is the primary driver for the growth of virtual healthcare and technologies. The transition of people from being ”patients” to ”consumers” is sprinting to cover the gap between traditional and modern-day healthcare. The intensifying voice of consumers is augmenting the demand for virtual healthcare portals and practice management tools. Vendors are developing efficient remote patient assessment and monitoring software on demand.
Virtual Health Technologies in Modern-Day Work Culture
In modern-day work culture, people are too busy to visit physicians and therapists for regular checkups. But the emergence of virtual health technologies has made it possible for people to stay in touch with their physicians anywhere, anytime. The lifestyle of people is incubating a wide number of diseases in our society, which is a key reason every other person requires medical consultation regularly. As a result, virtual health technologies have become a handy tool for a large number of people globally.
Innovation enthusiasm is a pillar supporting the rising trajectory of virtual health technologies.
Virtual health technology is transforming healthcare through artificial intelligence, the internet of things, remote patient monitoring, machine learning, and other tech-based analytics.
Technology is helping healthcare professionals offer an improved experience to patients. Tech developments have made virtual health care accessible and affordable to all. The developments in behavioral health, cardiology, radiology, etc., led to the development of advanced healthcare business models to cater personalized virtual health services to patients.
Virtual Healthcare Delivery Market Growth
Additionally, RationalStat expects the virtual healthcare delivery market to reach $122 billion by the end of 2027 due to various factors like the growing aging population, rise in lifestyle-related diseases, fast internet penetration, etc. As per the latest research analysis, the virtual and telehealth adoption rate has scaled by 38X since the outbreak of covid-19. Virtual healthcare technology helps save costs for both professionals and patients. Nowadays, people don’t want to take a day off from their work and spend any penny on transportation to visit physical clinics. Also, it helps healthcare professionals avoid administration expenses. Therefore, it overall assists people in saving time, energy, and money.
Such a landscape builds a momentum of virtual health technologies, thereby expanding their scope. Advanced virtual healthcare emphasizes taking a data-driven approach to prioritizing smart health opportunities.
Emerging Emphasis on M-health
The emerging emphasis on M-health is likely to be positively hit by virtual health technology. People never go to therapists for their mental wellbeing, but with the advent of virtual care delivery, an increasing number of people are taking advantage of these technologies to get in touch with therapists. Also, virtual health technologies have obviated the geographical barrier. Today, people can connect with the best physician or professional globally to get the best possible treatment.
Follow-up is the most crucial part post successful disease treatment. But people never go for follow-up visits. However, virtual health technology has bought a paradigm shift in this space. Now follow-up calls with the latest virtual technologies are convenient and affordable. As a result, a high number of patients can have follow-up visits virtually – making healthcare better.
The Final Thoughts
Large hospitals and big companies like Amazon are investing in virtual care delivery due to its growth potential to generate high revenue in the forthcoming years.
Parallelly, there are a few challenges virtual health technologies are witnessing. Factors like equipment malfunctioning, communication issues, lack of skilled physicians, etc., can pose hurdles in the growth trajectory. But deep market analysis backed by data-driven statistics can help end-users make mind decisions and navigate gracefully through the challenges.
Reports prepared by Rational Stat can help users understand the dynamics of the marketplace. The report will offer a closer look at the virtual health technologies market. Our report’s comprehensive and elaborative analysis of growth factors, opportunities, and challenges will help users establish a strong foothold in the market globally.