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Healthcare Internet of Things: 18 trends to watch in 2016

IBM Center for Applied Insights

The transformation of the healthcare industry has begun. While it will take many years, the shake-up in patient, provider and payer processes and analytics systems will leave the industry profoundly different.

On the horizon is a much more cost-efficient healthcare industry that offers truly personalized healthcare. Providers and patients will be able to leverage the ever-increasing medical knowledgebase and combine that with patient-specific historical and real-time data, including genetics, lifestyle behavior and environmental data.

The adoption of Internet of Things (IoT) networks, the data collected and the analytics of that data are accelerating the transformation of the healthcare industry.

Facts to consider

  • The global IoT healthcare market is expected to grow from $32.47 billion in 2015 to $163.24 billion by 2020.
  • IoT-enabled connectivity within hospital labs will increase total global laboratory test throughput by more than 3.02 billion diagnostic tests over the next 5 year.
  • The value of improved…

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