Digitization has risen far more rapidly and ushered in an acceptance of remote medical products and services.
FREMONT, CA: Digital healthcare is combining technology with healthcare to provide efficient, personalised, and creative healthcare services through cloud-based mobile apps, telemedicine, AI, algorithm software, wearable devices, clinical management devices, diagnostic medical devices, and more. Making use of the emerging possibilities, startups and SMEs in the APAC are revving their R&D and production of disruptive technology tools. These small-scale companies are slowly penetrating mainstream opportunities through partnerships with government, academics, and industries for technological development as well as via partnership and investment prospects.
When the covid-19 pandemic struck, many APAC countries revved digital transformation creating new possibilities across startup and SME communities. In approximately 15 markets of the APAC region, a significant percentage of healthcare technology organizations claimed that the pandemic had encouraged the development and implementation of ingenious ideas. Even in South-East Asia, telemedicine, digital health mobile application, and online pharmacy earned regional prominence by addressing the long-time problems about access to a more expansive spectrum of healthcare services.
The pandemic has eliminated a myriad of institutional and cultural obstacles to the adoption of digital solutions in the healthcare technology domain. Digitization has risen far more rapidly and ushered in an acceptance of remote medical products and services. Despite recent concerns about data protection, the healthcare system is uplifting digital healthcare and MedTech capabilities, cybersecurity, and IoT infrastructure strengths to improve operational efficiency and patient experiences. Many startups and SMEs are leveraging this opportunity by integrating science, analytics, data, and technology to provide personalised healthcare (PHC) at a decreased cost. There has been an outburst of technological innovation in the healthcare sector through startups and unicorns. The world has entered a golden period which will prove to be a pivotal point for the healthcare industry.