Top Healthcare Market Trends worth watching

Mobile Health (mHealth), 3D printing, Blockchain, Cloud Computing, Genomics are New Healthcare Market Trends Worth Watching.

1. Mobile Health (mHealth)
mHealth technology provides personalized information through digital solutions and connected devices. Mobile devices allow visualization of health issues, which can prevent patients from committing to treatment. Smartphone-linked sensors, point of-need diagnostic devices and medical-grade imaging, which are not constrained by geographic boundaries, make healthcare more accessible and equitable. mHealth solutions were crucial in controlling the spread COVID-19 by enabling contact tracing and surveillance, quarantine control, management, testing and dissemination of pertinent information.
 
M4Life develops Blockchain-based mHealth platform
M4Life , an Israeli startup that develops a mobile health platform, is . M4Life provides a simple and seamless patient/caregiver relationship that allows information traceability within the mHealth care chains. It uses blockchain technology to share prescriptions and medical certificates. It also offers a telemedicine interface that allows physicians and patients to communicate.
 
Knodd offers E-Consultation services
Swedish startup Knodd offers a platform that allows for e-consultation between pediatricians. The startup offers video consultations with pediatricians and pediatric nurses with over 5 years experience. They provide safe answers to questions about children's health, no cost, from anywhere. Digital courses are also available on parenting and child-care.

 

2. 3D printing
For multiple purposes, 3D printing is becoming more popular in healthcare. Smart materials and biomaterials are lightweight and affordable, which allows for improved care delivery and production time while also reducing costs. 3D printing technology is advancing the creation of patient-specific models for organs and surgical instruments, using patient's medical imaging. Personalized surgical instruments are another area of application. They can be used to increase surgeon's dexterity, support better outcomes and facilitate faster and more traumatic procedures.
 
Exiom develops Reusable Support Device
Exiom, a US-based startup, uses 3D scanning technology and printing technology to create customized solutions for fractures and sprains. The startup creates a waterproof, breathable and easily removable support device that can be used to immobilize patients. Startup's solution is able to be printed in-house in a clinical setting. This eliminates the need for recasting traditional materials and saves time and money.
 
Graft3D helps in Surgery Planning
Indian MedTech startup graft3D offers a solution to surgery planning and execution. It utilizes radiological-assisted 3D Model (RAM) technology to visualize a patient's anatomy prior to surgery. Virtual Surgical Platform (VSP), which is a startup, assists doctors in pre-determining surgical cuts. With informed evidence from more than 100 case studies of complex surgeries, the startup creates patient-specific implants (PSI). The haptic device allows surgeons or doctors to detect bone consistency.

 

3. Blockchain
Blockchain's security and traceability make it suitable for many applications in healthcare. These include remote patient monitoring, electronic medical records, pharmaceutical supply chains, and claims for health insurance. Blockchain technology allows for the management of EHRs, FHIRChain (Fast Health Interoperability Records), and clinical data sharing. It is also used to combat drug counterfeiting and remotely store, share, and retrieve biomedical information.
 
Blockpharma enables Drug Traceability
Blockpharma is a French startup that develops a blockchain-based anti-counterfeiting and drug traceability solution. Blockpharma's app lets the user instantly verify the authenticity of the drug package. BlockPharma can integrate with many information systems and store authenticated data about medicines stored on Crystalchain (the startup's private blockchain). BlockPharma is alerted immediately by laboratories if they detect a falsified medicine. The company then flags the drug to its list.
 
Iryo Moshi offers a practice management tool
Slovenian startup Iryo Mshi offers a modern practice management system for private healthcare providers. The startup is a leader in blockchain, interoperability and open EMR. It also offers integrated digital healthcare platforms. The platform offers automated appointments, invoicing and clinical data storage and management. It also allows for digital forms and documents. The platform is cloud-connected and is compliant with General Data Protection Regulations (GDPR), and Health Insurance Portability and Accountability Acts (HIPAA).

 

4. Cloud Computing
Cloud computing allows clinicians the ability to create quality patient journeys through tech-enabled care delivery via remote monitoring and telehealth. Cloud computing allows higher storage capacities and more power to perform data analytics, and eliminates the need of on-premise storage. Cloud platforms combine network, security and billing with monitoring, alerts, and monitoring. They also allow for access and identity management. It provides data interoperability and simplified data access.
 
Radmol AI increases Access to Healthcare
Irish startup Radmol AI uses the most recent advances in cloud computing and data analytics, as well as AI-based technology. It connects patients and healthcare providers with expert radiologists around the world. Its technology allows you to access reports anywhere and at any time. It provides solutions that make healthcare more accessible for patients, doctors, and providers.
 
Medified offers mental health monitoring
Finnish startup Medified offers cloud-based dynamic mental healthcare monitoring software. Software as a Service (SaaS), allows physicians to monitor their patients in real time, allowing them to provide the best treatment possible faster. It analyzes your clinical data and gives you valuable clinical insights. This software allows remote digital healthcare services via an interactive dashboard. It allows patients to record and communicate their daily moods and well-being in real time to give healthcare professionals self-treatment information.

 

5. Genomics
Recent efforts have been made to develop genomics tools that can be used for various applications. Integrating genomic knowledge and genomic processes in clinical workflows will allow physicians to communicate with patients and provide actionable recommendations. Thanks to genomics innovations, personalized medicine has become possible. The advent of gene therapy and gene-based therapies has revolutionized the field of clinical medicine and specialty care to address unmet clinical needs.
 
Allelica does Genomic Risk Prediction
Allelica, an Italian startup, predicts human traits and diseases using genomic data. The startup's proprietary platform predicts genomic risks based on polygenic Risk Scores (PRSs). Allelica's technology utilizes machine learning algorithms to speed up clinical genomics for precision medicine applications. This startup uses machine learning algorithms to identify individuals at high risk for heart disease and cancer.
 
Phosphorus offers At-Home Genetic Testing
Phosphorous, a US-based startup, is developing an at-home gene test. PhosphorusONE is a startup that uses saliva samples to identify multiple genetic diseases. This comprehensive test analyzes 375 genes using next-generation gene sequencing technology. This test determines your risk for multiple diseases, including heart disease, inherited cancers and infertility. It also analyzes adverse drug reactions, neurodegenerative diseases, vision loss, and other conditions.