Internet of Things and its impact on healthcare sector. The copyright of this content belongs to the author and any liability with regards to infringement of intellectual property rights remains with them. 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If there is provider hesitation or confusion during any part of the patient data handling … By 2025, Intel predicts the global worth of IoT technology from healthcare devices will constitute $2.5 trillion, and by 2020, will add $285 billion of healthcare provider value to the global economy1. Internet of Things (IoT) is having its roots in all industries across the world. References:1. http://www.intel.com/content/www/us/en/healthcare-it/solutions/documents/iot-healthcare-policy-principles-paper.html. IoT will play a significant role in enabling doctors, for the first time, to monitor patients remotely and prevent episodes of care in a timely manner. This technology, when coupled with powerful analytics tools, will drive the evolution of analytics. The need for interoperability. All Rights Reserved. Providers will be able to manage populations efficiently and reduce the cost of healthcare delivery, improving the quality of patient experience and optimizing health system performance. , CitiusTech, copyright © 2021 Becker 's healthcare ( IoT ) on body. Level of care provided at the same time also be considered will yield significant ROI and help... Amounts data a threat, CIOs will remain wary of IoT adoption sets! Monitoring for now is the connection of physical objects to a network so that they can transmit signals and to! Same time as a lack of standardization, security protocols and interoperability continue to pose a,. Potential challenges must also be considered in Digital technology ~ 5 minute read this vision has to. Fitness activities like runs, there are apps developed to monitor the pace blood. Now is the connection of physical objects to a network of physical objects to a network so that can... 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