The impact that the Covid-19 emergency is having will forever change the world health system and the digital transition of this sector. From this March to today alone, we have seen the birth of almost 200 new initiatives for the digitalization of healthcare (Deloitte).
The Rock Health Funding Database estimates that by the end of 2020, a record share of 12 billion dollars will be globally invested in digital health, showing that this transition is not temporary. The Pandemic, indeed accelerated technological innovations in the sector; and what usually takes decades to happen, was achieved in a few weeks.
According to the Innovation Center of Intesa San Paolo, there are 5 main trends that are defining the healthcare sector: i) the consolidation of virtualization infrastructure with Cloud tech; ii) the growth of Femtech, technologies for women’s health, iii) digital non-pharmacological therapies for neurodegenerative diseases; iv) software for image analysis and v) remote patient monitoring based on wearable solutions which, already today, generate a market worth over a billion dollars worldwide.
Thanks to 5G, the enabler driving these trends, the care system can be completely re-designed and re-built with the patient at its focal point. The current ongoing 5G trials in this sector, already hint at a new standard in healthcare: intelligent operating rooms, drones for the transport of medicines and laboratory samples, wearable devices for monitoring the lifestyle of patients, telemedicine platforms, connected ambulances and advanced data analysis.
This, amongst other topics shaping the world of BioTech will be discussed at the Tech Share Day 2020, organized by Netval, UIBM and the Politecnico di Torino, online and free of charge from 11th to 13th of November.
Author: Andrea Visentin
Translation: Gloria Padmaperuma