Physician & Patient Adoption of IoT Digital Health Devices
Digital technologies are shaping the future of healthcare into an on-demand, affordable, and at-ease service. As the online healthcare marketplace makes it easy for patients to connect with physicians of required expertise at their own place and time, the new-gen digital health devices provide physicians remote health status for efficient diagnosis. The increasing adoption of digital health services has opened up many use cases. Telemedicine and artificial intelligence (AI) enabled remote monitoring devices are set to transform this industry in unprecedented ways in the years to come. The global digital health market is projected to grow at a CAGR of 28.5% to reach over 630B.  Intelligent Wireless Health Monitoring Every human body is unique; most researches have shown that our bodies aren’t constant in behavior, and every physiological process fluctuates with our sleep-wake cycle each day. Given this situation, one-time or occasional test results could provide only limited insights into a condition or an individual’s health status. This growing recognition and the need for understanding the body’s sensitivity frequently helps to improve our ability to accurately diagnose, treat disease, and enhance the delivery of health care for the individual. Consequent to the above, the need for developing connected and portable monitoring devices that can monitor one’s health status on-demand is growing. ECG monitors, insulin monitors, and neuromonitoring, such as EEG and EMG devices, wearable ECG, and blood pressure monitors, are widely used remote monitoring devices. Medical devices with edge computing capabilities can diagnose, detect, and send patient records to a centralized server that healthcare providers can easily access. System-On Chip Technology (SoC) Devices Most wireless medical monitoring devices consist of two major components, the core and the peripherals. The core consists of a microprocessor for all data processing and system-level tasks. Peripheral components consist of flash and SRAM memory, an MCU, signal converters and filters, USB control, and capacitive sensing integrated with LCD drives. The demand for compact and low-power devices has given rise to the new ultra-power SoC technology. SoC architecture provides a design approach, where most peripheral components are integrated or emulated on the chip along with the microcontroller housed inside. Recent advancements in SoC design include integrated circuits that reduce power usage, make the board more compact, and reduce development and operational cost. Programmable SoC (P-SoC) architecture provides the flexibility to change functionality at run time, better power management, and noise immunity depending on the application & operating environment. India’s Opportunity India’s healthcare industry is one of the fastest-growing and expected to reach $372B by 2022 at a CAGR of 16%. This growth is driven by lifestyle diseases, an aging population, rising income levels, increasing access to insurance, and growing health awareness. This pushes the need for advanced tools and technologies to enable an early and efficient diagnosis to reduce the people’s economic burden. According to the Future Health Index (FHI) 2019 report, India is leading in adopting digital health technology, with 76% of healthcare professionals in the country already using digital health records (DHRs) in their practice. This confirms digital health technology as a pivotal pillar in delivering value-based care across India.  Backed by 40 Years of Expertise We contribute our 40 years of design and manufacturing expertise spanning multiple diverse markets. We look forward to discussing how we can deliver world-class products for OEMs across the globe. We understand our home Indian market, familiar with its vast regulatory and selling environments. We foster growth opportunities within India through our strong technology incubation ecosystem. We also assist global OEMs in entering the Indian market by leveraging the local supply chain and favorable operating environments for cost reductions. Our flagship Chennai location opened in 2006 and lies within a Special Economic Zone (SEZ) for electronics manufacturing, offering economic incentives for imports and exports. This primary facility is within 90 minutes of the Chennai seaport and 20 minutes to the international airport. Additional road and rail connectivity links to the rest of India and beyond and infrastructure advantages with faster import and export clearances. We also have labor force flexibility, both technical and manual, to scale to demand rapidly. To learn more about this topic, please contact us.