This IDC study explores how the different drivers will impact technology in the health industry and offers guidance on actions to consider.
This IDC FutureScape provides health IT executives across the globe with actionable insights and analysis for likely future technology and business scenarios. The IDC Health Insights' predictions suggest that the next three years will be focused on the adoption of disruptive technologies, which will drive healthcare digital transformation (DX) forward at a rapid pace. The drivers include the implications resulting from the rise of DX and its impact on traditional businesses and society; the impact of intelligent applications and automation of experiential engagements, processes, and strategies; the shift to a data-centric paradigm shaping all applications, processes, services, and organizations; the increase of data breaches and cybercrime and the need for new security initiatives and models; the digitalization and enhancements that go beyond humans and their decisions into the material world; increasing consumer expectations of modern technology to enhance the customer's experience of healthcare services; and the impact of rising costs and illness burden on the sustainability of available healthcare resources.
The 2018 worldwide health industry predictions shed light on the trajectory of rapid technological developments that will impact healthcare and life science organizations as they navigate toward the future digital economy. The health industry of the future will be shaped by organizations that were early to digitally transform, maintain a competitive edge, and ensure a state of technological readiness for it.
Top 10 Worldwide Health Industry Predictions:
Prediction 1: By 2019, more than 50% of life science and healthcare companies will have dedicated resources to support accessing, sharing, and analyzing real-world evidence for use across their organizations.
Prediction 2: Digital mobile engagement among life science companies, patients, and providers will have increased 50% by 2019, improving brand sentiment, clinical trial recruitment, and medication adherence.
Prediction 3: By 2020, adoption rates of IoT-enabled asset tracking and inventory management systems in hospitals will have doubled worldwide, improving patient safety, staff satisfaction, and operational efficiency.
Prediction 4: By the end of 2020, 25% of data used in medical care will be collected and shared with healthcare systems by the patients themselves ("bring your own data").
Prediction 5: By 2020, one hospital in four with 200+ beds will have deployed robotics to handle time-consuming tasks, reduce labor, and prevent errors to enhance the sustainability of its business operations and improve patient safety.
Prediction 6: By 2020, 20% of healthcare organizations will have moved beyond pilot projects and will be using blockchain for operations management and patient identity.
Prediction 7: By 2021, 20% of healthcare and 40% of life science organizations will have achieved 15–20% productivity gains through the adoption of cognitive/AI technology.
Prediction 8: Driven by overwhelming data management requirements, 20% of commercial payer back-office operations will have been shifted to BPaaS contracts by 2021.
Prediction 9: By 2021, the world will have seen its first $100 million class-action lawsuit against a medical device manufacturer for negligence due to a cyberattack causing the death of more than 25 people connected to networked medical devices while hospitalized.
Prediction 10: By 2021, digital healthcare services will account for 6% of global healthcare expenditure.
To register for the on-demand web conference on these 10 predictions or to learn more about any of the IDC FutureScape Web Conferences, please visit: https://www.idc.com/events/futurescapes
You can find full context around these predictions in the newly published document, IDC FutureScape: Worldwide Health Industry 2018 Predictions (Document idc.com. Technology leaders and their counterparts in the line-of-business (LOB) operations can use this document to guide their IT strategic planning efforts.) on