Earlier the Healthcare industry has been slow in order to give Ondemand app development credit and adopt the technology for good.

Over the years the dynamic changes in the healthcare app development sector have been welcomed by the Healthcare industry.

It is expected that by the year 2021 the global healthcare market will cross $210 billion.

In the field of Mobile application development, the leading healthcare platforms are all set to define themselves along with the digital transformation and they are also applying in the functional areas having customer-centric motives to their services.

Technologies that have the potential to outline the healthcare industry

Technology is undoubtedly the driving force behind the incredible transformation in the healthcare industry.

When we look at the recent changes and rate of change of such instances we can easily agree with the observation.

The technological advancements have the potential to impact every aspect of human life and easily regulate the research, data collection and treatment workflow for the patients.

Some of the incredible technology segments are mentioned below:-

1. Mobile technology
2. Data analytics
3. Virtual reality and 3D printing
4. Blockchain technology
5. Telemedicine
6. Internet of things
7. Artificial intelligence
8. Robotics
9. Augmented reality

1. Mobile technology

This technical advancement is cited for half of the respondents which makes complete sense out of Healthcare app development and emphasizes the device manufacturers to place the health information generated from the users and feedback to the researchers.

Mobile phones can already monitor the vitals, blood pressure, heartbeat any other indications.

Perhaps the technology is making enough room for various other features like filling the prescription, booking appointments and so on.

2. Data analytics

One of the significant advantages of electronic medical records is deployed by Healthcare app developers as they can easily modify the traditional takeoff data into a much better form.

When putting together with patient-generated data the possibilities are further explored to give better insights into the data.

3. Virtual reality and 3D printing

basically virtual reality has been associated mostly with the entertainment industry but now it is making new waves in the Healthcare industry as well.

It's multisensory and highly immersive experience can produce equal benefits for physicians as well as the patients.

Similarly, 3D printing has made its position stable in the last few years and it can offer fast prototypes along with creating better prosthetics.

Hence the aspects of 3D printing are highly revolutionizing the Healthcare industry in various other ways

4. Blockchain technology

it is one of the most essential technology utilizes in Healthcare app development that can store digital data taking less space.

It also allows the efficient digital transformation to secure patient records and access them anytime anywhere.

simultaneously it also makes it easy for the providers to share information regarding patient care along with their reports.

5. Telemedicine

As we are combining better Healthcare app developers interface, highly accurate medical devices certain advancement is also visible in telemedicine.

It is estimated that a special kind of device will be available to the patients through which they can easily manage a medical-grade electrocardiogram without any hassle. If it's true then doctors visit will surely become a thing of the past.

6. Internet of things

the role of the internet of things is definitely unique in the Healthcare industry as it has the potential to be transformative.

IoT can easily fortify the industry by ensuring precise Healthcare results along with delivering treatment abilities cutting down the overheads.

Also, the connected device will enable real-time monitoring through which the patient can be e monitored in case of a medical emergency.

7. Artificial intelligence

The progression of artificial intelligence in mobile app development and particularly in the Healthcare industry has made definite advancements and creating greater impact.

Through this technology of Healthcare, bodies can easily record various problems for hospitals as well as patients and at present more than half of such industries are using artificial intelligence technology.

8. Robotics

one of the most emerging technologies in the Healthcare industry is robotics which is highly used to manage the time-consuming tasks and to reduce human interference in order to increase the workflow.

The adoption of this technology is also automating the Healthcare processes along with boosting productivity.

Robotic can check to reduce the cost related to the workforce and keep patient comfort as a priority. The role of Healthcare app developers have highly considered to the cause

9. Augmented reality

The people have become more vaccinated with augmented reality and at present, it is a major driving force in the Healthcare industry.

In the coming years, it can become a routine in the Healthcare industry by offering instant care to the patients globally.

It is also estimated that in the coming years more than 10% of the global Healthcare expenses will be consumed by health care services in digital form. This is further accelerated by Ondemand app development.

Advantages of technology in Healthcare app development

A large number of Healthcare industry analysts have marked the statements that increase in access to treatment has taken a form of tangible way considering the advancement of technology in the Healthcare industry.

Even the Mobile app development platforms have opened up more revenue for exploration and better assistance to make it dynamic and effective as it has never been before. Some of the incredible advantages are-

1. Improvisation in the care of the patients and efficiency of the staff
2. Improvisation of software and technology has made the professionals have better disease control
3. It will increase in the level of data accuracy and efficiency which means that a large number of online resources will be easily accessible to the professionals
4. The involved individuals will get better access to the patient records and ease to deal with them

Conclusion

By the end of the year, 2020 more than 40% of the Healthcare based platforms will shift from a digital health program to fully-fledged scale rollouts.

This will be accelerated by mobile app development also where new technologies will be coming out and these trends will become dynamic over time.

This has enabled the surgeons or other involved staff to have better access to the treatment delivered which provides efficient solutions to the patient.

The factors that propel the growth of the contact lens solutions market include increased preference for contact lenses over spectacles in young adults, the introduction of novel silicone hydrogel-based polymers, and increasing occurrence of eye disorders & visual inaccuracies.

Market Segment:

Leading players of Contact Lens Solution including:

• Alcon
• Ciba Vision
• Bausch
• AMO
• Cooper Vision
• Menicon
• Lenbert
• Bescon
• IGEL
• INTEROJO
• Freshkon
• Hydron (CN)
• Weicon
• Colorcon
• CLB Vision
• Others

Market split by Type can be divided into:

• 120mL
• 360mL
• 500mL
• Other

Market split by Application can be divided into:

• Multi-function
• Single-function

Market split by Sales Channel can be divided into:

• Direct Channel
• Distribution Channel

Market segment by Region/Country including:

• North America (the United States, Canada, and Mexico)
• Europe (Germany, UK, France, Italy, Russia, and Spain, etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
• South America Brazil, Argentina, Colombia, and Chile, etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria, and Saudi Arabia, etc.)

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Global Augmented Reality in Healthcare Market Report, Trends, Growth, Size and Industry Analysis by Component (Hardware, Software), Device Type (Head-Mounted Display), Application (Fitness Management) – Forecast till 2023

Augmented Reality in Healthcare Market Overview

MRFR has asserted that AR in Healthcare Market growth is likely to achieve a valuation of USD 1.32 Bn at a dynamic CAGR of 23% by 2023.

The application of augmented reality in healthcare is still in its nascent stage but has shown signs of potentials to improve clinical outcomes. Market Research Future (MRFR) has thoroughly studied the trends and patterns governing the global augmented reality in the healthcare market over the forecast period of 2017-2023 in an extensive study. 

The application of augmented reality in healthcare has uncovered many new opportunities in the healthcare sector. Augmented reality in healthcare can assist doctors in diagnosing, treating, and performing surgeries with enhanced efficiency. The growth of the market stems from the increasing penetration of smart connected devices in the healthcare sector. Moreover, the rise in surgeries using laparoscopy, endoscopy, catheterized intervention has further paved d the way of the expansion of the market. The medical application of augmented reality is being vigorously studied by researchers which coupled with high investment from various governments is expected to propel the market. Advances in advances in camera and sensor technology and AR-focused software research is likely to expedite the growth of the market in the coming years. Other factors contributing to the market growth include high healthcare expenditure and application of augmented reality in medical training, pharmacy benefit management, and patient education. 

On the other hand, lack of proper infrastructure to incorporate augmented reality in healthcare, especially in developing countries is likely to hinder the growth of the market. Additionally, lack of technical know-how and reluctance among medical practitioners to adopt new technologies might constrain the growth of the market over the forecast period. Moreover, high costs associated with it, limited functionality, and perception problems are other bottlenecks to the growth of the market. 

Augmented Reality in Healthcare Market Segmentation

Global augmented reality in healthcare market has been segmented based on device type, component, and application. 

By device, the augmented reality in healthcare market has been segmented into handheld device, head-mounted display, and others. 

By component, the augmented reality in healthcare market has been segmented into software, hardware, and others. 

By application, the augmented reality in healthcare market has been segmented into medical training, fitness management, and education, among others. 

Augmented Reality in Healthcare Market Regional Analysis

By region, the augmented reality in healthcare market has been segmented into North America, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW). 

North America is the largest augmented reality in healthcare market share. A robust healthcare infrastructure in the region supports the growth of the market. Moreover, the region is a frontrunner in the adoption of latest technologies due to which augmented reality has gained widespread acceptance among healthcare professionals. High healthcare expenditure and technological advances in the field has further supported the market growth. Moreover, the presence of various market players in the region favors market growth.

Europe is an important revenue pocket for the augmented reality in healthcare market. Increasing healthcare expenditure along with changing healthcare policies is expected to foster the growth of the market. 

The APAC augmented reality in healthcare market report is likely to be driven by rapid technological adoption in the developing economies of the region. Moreover, fast track economic progress and improvements in healthcare infrastructure have the potential to trigger growth within the market. The APAC market is estimated to register the highest CAGR over the forecast period. 

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Augmented Reality in Healthcare Market Competitive Landscape

Osterhout Design Group (U.S.), Virtually Better (U.S.), DAQRI (U.S.), Blippar (U.K), VirtaMed (Switzerland), Wikitude GmbH (Austria), Microsoft Corporation (U.S.), CAE Healthcare (U.S.), Google LLC. (U.S.), Augmedix (U.S.), Oculus VR (U.S.), Magic Leap, Inc. (U.S.), HTC (Taiwan), Philips Healthcare (Netherlands & U.S.), 3D Systems (U.S.), Medical Realities (U.K), Mindmaze (Switzerland), Atheer (U.S.), Siemens Healthineers (Germany) are the distinguished companies in augmented reality in healthcare market. 

Augmented Reality in Healthcare Industry Updates

March 2019 - Koninklijke Philips N.V., a Dutch company dedicated to creating the future of healthcare, and Microsoft Corporation, the global technology giant, have jointly developed an augmented reality concept for image-guided minimally invasive surgeries. The concept is based on Philips’ Azurion image-guided therapy platform and Microsoft’s HoloLens 2 holographic computing platform. 

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Objectives of this Study:

# To define, describe, and forecast the healthcare IT market based on product & service, component, end user, and region

# To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

# To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the overall market

# To analyze opportunities in the market for stakeholders and to provide details of the competitive landscape for market leaders

# To forecast the size of the healthcare IT market with respect to five geographic regions – North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa

# To profile key players in the healthcare IT market and comprehensively analyze their core competencies2 and market shares

# To track and analyze competitive developments such as agreements, partnerships, and collaborations; mergers and acquisitions; new product/technology/service launches and upgrades; and research and development activities of leading players in the healthcare IT market

Recent Developments:

# In 2019, Philips launched Cares Aging & Caregiving service.

# In 2018, Change Healthcare launched Dx Gap Advisor

# In 2017, Optum acquired DaVita Medical Group (US). The acquisition of DaVita enhanced Optum’s physician-led primary, specialty, in-home, and surgery-care delivery services business.

# In 2017, Cognizant acquired TMG Health (US) to expand its business process-as-a-service solutions for government and public health programs

# In 2018, Optum collaborated with Humana (US), MultiPlan (US)  and Quest Diagnostics (US) to form a group to explore the blockchain technology to improve data quality and reduce administrative costs in healthcare

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Key Questions Addressed in the Report:

# Who are the top 10 players operating in the healthcare IT market?

# What are the driving factors, restraints, opportunities, and challenges in the market?

# What are the industry trends as well as the current scenario in the healthcare IT market?

# What are the growth trends in the market at the segmental and overall market levels?

Expected Revenue Growth in the Global Industry:

The healthcare IT market is projected to reach USD 390.7 billion by 2024 from USD 187.6 billion in 2019, at a CAGR of 15.8% during the forecast period.

Factors Responsible for the Global Growth of This Industry:

The growing volume of patient data, an increase in technological know-how, and demand for quick and efficient healthcare processes and systems are driving the demand for HCIT solutions.

Key Market Restraints:

IT Infrastructural Constraints in Developing Countries

Key Market Opportunities:

Rising Use of Healthcare IT Solutions in Outpatient Care Facilities

Growing Mhealth, Telehealth, and Remote Patient Monitoring Markets

Cloud-Based EHR Solutions

Shift towards Patient-Centric Healthcare Delivery

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Geographical Growth Scenario:

“North America dominated the Healthcare IT market in 2018”

The Healthcare IT market is broadly segmented into five major regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of the Healthcare IT market in 2018.

The large share of this region can be attributed to the technological competencies of healthcare industry and presence of well-established healthcare IT infrastructure in this regions. Changing regulatory requirements for improving quality of healthcare and increasing patient safety and rising healthcare expenditures are some of the key factors driving the growth of the healthcare IT market in North America.

Leading Market Players:

Some of the major players operating in this market include Optum (US), Cerner (US), Cognizant (US), Change Healthcare (US), Philips Healthcare (Netherlands), Epic Systems (US), Dell Technologies (US), Allscripts (US), GE Healthcare (US), IBM (US), Athenahealth (US), Oracle Corporation (US), COnduent (US), Infor (US), Tata Consultancy Services (India), Wipro Limited (India), Conifer Health (US), Nuance (US), 3M (US), Inovalon (US), InterSystems (US), Leidos (US), Softheon (US), Omnicell (US), and Ciox Health (US).

Cerner has a robust healthcare IT product portfolio tailored for medium- and large-sized enterprise customers to help them with advanced software products and services designed specifically for their needs. Its key strength is its wide geographic presence and extensive distribution network across major markets.

Optum provides a variety of healthcare IT solutions such as EHR/EMR solutions, mHealth solutions and services, ePrescribing, healthcare asset management solutions for pharmacies, and revenue cycle management solutions.

Cognizant is a key player in the healthcare IT market for software solutions and services. The company offers cloud-based software-as-a-service (SaaS) and performance improvement solutions to increase administrative efficiency and improve patient quality of care.

Philips is a major player operating in the healthcare IT market. The company offers health information exchange solutions, mHealth solutions, VNAs and PACS, and telehealth solutions that are approved by respective regulatory bodies (such as the US FDA and the CFDA in China) of the major markets in which Philips operates.

Epic Systems offers a wide range of EHR, revenue cycle and practice management, and population health management solutions. The company mainly operates in the North American market. It also has a presence in the Netherlands, the United Arab Emirates, Finland, Australia, Singapore, and Denmark.

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Global plastic healthcare packaging market is expected to witness a massive growth in the forecast period. Plastic is material that is surrounded by numerous extensive range of synthetic or semi-synthetic organic compounds, which are ductile and can be molded easily into solid objects. Plasticity is a universal property of the materials that can be deformed conclusively without breaking but, in the class of moldable polymers, this befalls to such a degree that their authentic name originates from this precise ability.

There has been substantial growth in the pharmaceutical domain across the globe and an inclination towards efficient requirements for healthcare packaging products are some of the drivers in the global plastic healthcare packaging market. A tremendous change in the lifestyles of consumers is currently reinforcing the requirement for healthcare related products and services and hence will further fuel the progress of plastic healthcare packaging all globally.

Numerous advancements in technology for packaging and incorporation and radical process of manufacturing are also raising the growth of global plastic healthcare packaging market. This is appealing the existing as well as some new investors to invest more in this market, which will eventually encourage the manufacturers to come up with some intense innovations.

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The market is segmented on the basis of industries (medical device, pharmaceutical); by materials (paperboard, plastic, glass); by applications (plastic bottles, blister packs, caps and closure, pre-fillable syringes, others) and by region (North America, Asia Pacific, Europe, Rest of the World).

Among all the mentioned regions, North America holds the major share in the plastic healthcare packaging industry due to strong innovation, a rise in the aging population and inclination towards customer demand for refined packaging. Followed by this, there is an increase in chronic diseases, which is helping the Asia Pacific region to grow tremendously and is likely to dominate the market during the forecast period. In the near future, market will continue to come up with some extraordinary product innovations to attract new consumers and investors, for them to continue the domination.

Some of the significant key players outlined in the plastic healthcare packaging market report are Global Closure Systems, Catalent Pharma Solutions, Aptar Group, Cardinal Health, Barger Packaging, Sonoco, Nypro Packaging, Tekni-Films and James Alexander Corporation. All the leading companies are including mergers and acquisitions, partnerships and joint ventures to enhance the growth of the market efficiently.

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