IOT As a Healthcare Industry Distruptor

Based on research conducted by Accenture Consulting and published earlier this year, 73% of healthcare executives think the IoT will be “disruptive” within three years. In keeping with a broader theme impacting enterprise IoT adoption, the research further finds that only 49% of healthcare executives say “their leaders completely understand what” the IoT means for the industry. Despite an apparent hesitancy, digital research firm eMarketer projects an $163 billion value for IoT-related healthcare by 2020, representing a compound annual growth rate of more than 38% from a 2015 baseline.

An executive summary in the research report outlines a number of key use cases:

  • Internet-enabled devices and sensors seamlessly collect and analyze real-time health and fitness data
  • connect entire networks of medical devices
  • locate healthcare-related assets
  • streamline patient care and medical research.

It’s already tracking:

  • pharmaceutical inventory
  • helping elderly patients stay safe in their homes
  • powering prescription bottles that remind people when to take their medications

Despite the challenges of installing sensor networks into old buildings and integrating with existing technology, technnologies such as Bluetooth Low Energy, WiFi and LoRa are evolving to play a huge part in Connected Health.

Find out how Iknaia is already tracking assets in UK hospitals

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