Whether you call it “digital health revolution”, or “digital transformation of healthcare”, or even “healthcare digitalization” ─ the crux of the issue consists in groundbreaking digital health solutions, developed by innovators and researchers, that are fundamentally revolutionizing the way healthcare is delivered all over the world.
Moreover, these pioneering solutions are providing the healthcare system across the globe with huge opportunities and overwhelming challenges – simultaneously! However, the opportunities are clearly overshadowing the challenges in a way that is radically changing both the industry processes and the lives of patients.
Digitalize or Die!
To cut it short, the current consensus among industry observers and insiders is that the life sciences business has no choice but to invest heavily in the new digitally powered solutions that are creating new business models ─ which are mainly customer-oriented and innovative.
But which digital technologies should the life sciences industry take on now and which ones should wait until sometime in the near future?
To answer this question, let’s first have a look at the main technologies that are re-drawing the new frameworks of the life sciences industry:
1) Artificial Intelligence
Let’s admit that artificial intelligence (AI) techniques are currently being used in many clinical situations to diagnose, treat, and predict the results and that the trend is on the rise. Besides, with the use of AI, the traditional service desk might be wholly automated – very soon.
2) Wearables and Connected Devices
Whether we resist or ride the trend, digital wireless technology are on the rise and are supposed to put an end to the traditional business model of the medical device industry, which normally separates manufacturers from patients.
Consumer Wearables and medical devices, such as the Apple Watch, are spreading like wildfire among patients, effectively placing them at the heart of a truly connected healthcare system, which is, fortunately, more reactive and less expensive.
So, for life science and healthcare companies, riding the trend is just a matter of time, because how on earth can clinicians or patients ignore such wearables that measure everything from heartbeats to respiration, sleep quality, stride, posture, and hydration levels?
3) Going Social
Whether they like it or not, life sciences companies, especially manufacturers of medical devices and biopharma businesses, are required to change their websites from the old-style information-based content carriers into interactive platforms ─ a development which will not take place unless these companies leverage social media as the new revolutionary digital means of promotion and communication.
According to the online magazine Information Age, healthcare companies no longer need to have everything centralized and so have to acquire and maintain all the requisite hardware, software, and relevant staff — regardless of whether or not these resources were used at full capacity, and often insecurely.
Now, with the use of cloud technology’s advantage of efficiently processing and delivering data in a collaborative fashion plus analyzing data into meaningful information, healthcare organizations only need to pay for what they use, such as storage, applications, and infrastructure service.
Also thanks to cloud technology’s benefit of flexibility, healthcare providers can now scale resources up or down as needed, and the technology also provides real-time and remote access to applications and resources in a way that’s easy to use.
From surgical robots, which make it possible for surgeries to be performed with higher precision to rehabilitation robots, that provide easiness and support to the lives of old people, to biorobots, which imitate the cognition of humans, the industry is currently witnessing great tools that are going to make sweeping changes to the overall healthcare business.
6) Big data analytics
Successful life sciences companies are riding the trend of leveraging big data analytics to make use of its process of examining bulky and diverse data sets with the purpose of gaining such insights about hidden patterns, unknown correlations, market trends and customer preferences. This can assist these businesses in their decision-making processes.
7)Telepresence and telemedicine
According to the technology company, Red River, Telepresence and telemedicine constitute a fast-growing field that is rapidly becoming popular in homes and hospitals across the world.
Social media platforms are now really important for pharma and medical companies. There are online forums and groups who are sharing and discussing their medical conditions. Patient communities like CaringBridge and PatientsLikeMe are the top in the industry of life sciences. Life science companies are using these platforms and communities to understand their patients, get customers’ perceptions about their products and also to build awareness about their brands.
9) 3-D Printing
New technologies in 3-D printing have a huge impact on life science companies like
- Create new customized medicines.
- Shorten the design process for machines or medicines.
- More innovation in the life science industry
- Improve the quality and accuracy of medical products.
Technologies include ingestible and non-wearable biosensors have a huge impact on the life science industry. They are getting cheaper and more sophisticated to have multi-functions. They can be connected to smartphones, Bluetooth, and Near Field Communication (NFC) as well. Information obtained via sensors can be used to detect serious diseases in early stages like heart disease, stroke, and cancer. Also, sensors can be used for remote monitoring at the rehabilitation stage to provide physicians with accurate feedback about patients.
Why Future Trans?
Future Trans is an ISO 17100 certified language service provider with a quarter century’s hands-on experience in providing professional life sciences translation services for hundreds of businesses in the diverse sectors of healthcare, pharmaceutical, environmental health, clinical research, biotechnology, animal health and others.
We take pride in having a team of scientific translation services experts ─ who have in-depth knowledge of international markets and country-specific regulations.
Qualified, experienced, Future Trans is equipped to deliver your project with full accuracy, clarity and quality, within your deadline, and constantly following the most rigorous process across the industry ─ namely a quality assurance process that comprises multiple rounds of editing and proofreading by life sciences subject matter experts, who include pharmacists, medical doctors, clinical research translation experts, vets, animal nutritionists, biologists, chemists, environmental translation experts, renewable energy gurus, agronomists and many other specialists.
Please contact us now to find out how Future Trans can help you meet your life science translation requirements.