Transformation of the Healthcare Industry through Custom Software Development

Transformation of the Healthcare Industry through Custom Software Development

Information technology brings astounding development in the Healthcare industry around the world through custom software development. Technology is improving the lives of people across the globe by using artificial intelligence to cure and solve their problems.

The development of better software for the healthcare sector has the potential to not only save many lives but also to streamline labor-intensive procedures like research and diagnostics. These innovative technologies promise for building a unique identity and improve healthcare through accurate diagnosis.

Statistics on Healthcare Tech’s Future

Let’s look at some figures to support the above. The statistics will show how technology has changed the healthcare industry and its dynamics.

  • According to Statista, IoT-based healthcare technology solutions will generate $135 billion in 2025, up from $24 billion in 2016.
  • According to Accenture, AI, and ML can satisfy roughly 20% of medical needs without patients attending the hospital.
  • Accenture claims AI can save healthcare costs by USD 150 billion by 2026.
  • According to Business Wire, Fitness App Global Market will reach $24.98 billion by 2026 with a 24% CAGR.

Definition of Custom Software Development in the Healthcare Industry

Medical software and healthcare are often used interchangeably. Both of them work in different but linked fields. Optimal patient care requires specialized monitoring, tracking, and evaluation software.

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