Advanced analytics, robots and virtual reality were visible trends in 2017 for pharma & healthcare

Publication: Pharmabiz
Posted on: December, 30, 2017

Advanced analytics, robots and virtual reality were visible trends in 2017 for pharma & healthcare


Nandita Vijay, Bengaluru
Saturday, December 30, 2017, 08:00 Hrs  [IST]

Advanced analytics, mobile reporting, Internet of Things (IoT), Omni channel data integration to robots and augmented/virtual reality emerged as the visible trends that dominated the healthcare & pharma landscape in 2017.

Healthcare IT and evolving technology has benefited the pathology industry.  Health tracking mobile applications and online services such as booking appointments online for preventive healthcare check-ups, booking a path/lab test, obtaining reports online are further shaping this segment. For any organisation aiming to become a success in this rapidly growing diagnostic laboratories market, the best move at the moment is to plan to invest in tier II and tier III cities of India. The companies should expand their network by collaborating with more health institutes and increase their collection centres in India resulting in widespread reach and more access for the masses, said Ameera Shah, Promoter and Managing Director, Metropolis Healthcare.

“The digitization of patient records completely revolutionized the world of healthcare, with health-monitoring wearables and apps bringing further improvements. What’s more, emerging technologies including artificial intelligence and IoT are now being used to speed up diagnoses and improve patient care. However, the sensitivity of the data involved and greater connectivity increases the risk. Earlier this year, Experian predicted that the healthcare sector would be the most heavily targeted by cyber-attacks and the WannaCry ransomware, which temporarily crippled healthcare institutions around the world, showed just how vulnerable it can be. In this sense, the healthcare sector needs to adopt a similar approach to risk analysis as the banking sector, while a set of industry-wide standards for healthcare data systems may also be required”, said Srinivasan C.R. – senior vice president, global product management & data centre services at Tata Communications.

Overall, with rise of digital technology adoption by the healthcare industry, the overall clinical care delivery for patient empowerment was more streamlined and thereby improved the way healthcare facilities function as well, said Taher Abbasi, COO & co-Founder of Cellworks Research India Pvt. Ltd.

Sharing a different perspective of 2017 was Amol Naikawadi JMD, Indus Health Plus who said that the year was not been so good for the healthcare sector. Particularly, fiscal 2016-17 saw a lot of angst against doctors, public and government resistance against private medical care institutes, healthcare negligence, and caregiver staff strikes. These incidents created a gap between the medicos and the patients, and also resulted in a loss of trust. Negligence on the part of few medical staff resulted in the entire medical fraternity coming under pressure. Further, the year saw some hospital licenses being cancelled because of these issues. Overall, this affected the sentiments of both the patients and the care providers and created a detrimental image of the healthcare industry.