Every industry is changing the way it operates as
technology is evolving day by day. Healthcare is one of that industry which is
witnessing the same. There are amazing opportunities in the healthcare industry due
to IoT in the coming years. By using IoT, we can make use of data more
efficiently. IoT improves the performance and quality of results by different
devices. IoT will change the way the healthcare industry operates.
The IoT market in healthcare will be USD 200+ billion in the next three
years.
Every technology comes with advantages and disadvantages. We must go through it
before understanding how IoT will make an impact on our lives.
Advantages
1. Data
By making use of more inserted data, we can treat patients more efficiently.
Doctors can take the right decisions for patients. Also, data can help patients,
doctors, hospitals, companies for their future.
2. Tracking and monitoring
Through the use of IoT, we can keep track of data more efficiently. It will also
improve the safety of patients. We can get the required information within seconds
through the database. Through tracking and monitoring, we can reduce risks for
patients in critical times.
3. Connectivity of devices.
Monitoring gets easier through better connectivity of different devices. It also saves time and money.
4. Time
Through IoT, we can save a lot of time for diagnosis
and treatment. We can monitor remotely rather than giving actual physical
visits.
5. Research
IoT devices will collect and analyze a massive amount of data, they have a high
potential for medical research purposes.
Disadvantages
1. Privacy of Data.
Privacy is the biggest
challenge with IoT, as all the connected devices transfer data in real-time.
Personal data can be hacked if this end to end connection is not secure. Criminals
can use this personal data of others for their own benefits.
2. Accuracy
Accuracy issues may come due to handling such massive data in real-time.
3. Cost
IoT may reduce the cost for diagnosis and treatment for patients, But the cost
of installing all the devices and their maintenance is quite high.
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