Medical software development: challenges and opportunities

Medical software allows you to receive medical assistance remotely, simplifies life, and helps you monitor your health more effectively. Today this is relevant, so if you want to start a business in this area, it’s time to start. According to a recent report by Frost & Sullivan, the global digital health market will reach $234 billion by 2023, up from $147 billion in 2019, of which the medical IT services sub-segment will hold the largest market share. Medical software development requires a detailed analysis of ideas, trends, and stages of development. The article will discuss the most important nuances that will help make the path shorter and more straightforward.

What is MedTech?

In recent years, medicine has become a sphere of amazing discoveries. The past years have shown that innovations have firmly entered our lives. The development and implementation of modern technologies have affected many areas, from oncology and surgery to the rapid growth of vaccines against COVID-19. It may soon change the industry beyond recognition.

How Agetech is changing the way older adults age
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As we age, the need to apply technological advancements to improve the quality of life for older people grows. Learn how Agetech can improve the lives of billions of people.

Trends set by medical technology companies what to expect in 2023
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The upcoming MedTech trends: what to expect in 2023? Medical technology companies set the trends for the future development of the healthcare industry. Below we will discuss what trends will define the quality and efficiency of healthcare in 2023.

How computer vision is changing the healthcare 
August 13, 2024

Computer vision (CV) creates ML-based models applied for medical assistance in the prescription of medication, and identification, monitoring or the development of specific illnesses. Computer vision helps physicians to complete daily work, free up physician’s time, prevent avoidable procedures and diagnostics, which allows doctors to concentrate on difficult cases in healthcare. It helps to boost strategies of better medical help and give more attention to each case. The implementation of computer vision software based on medical imaging or predictive analytics offers several advantages to the healthcare market.

What is an inventory management system?
August 13, 2024

Keeping going an effective automated medical supply chain takes work and time. It would be best to involve multiple processes, industries, and a solid healthcare inventory management strategy to achieve this task. What does the inventory management system mean? It allows you to track some items throughout the entire supply chain.

Remote patient monitoring, and the future of healthcare
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The COVID-19 pandemic overhauled the development of the medical industry and raised new challenges, but it also led to innovation and acceleration in healthcare. Significant strains were put on health systems. Overcrowded hospitals became normality. Healthcare organizations face healthcare worker burnout because of labor shortages.

Why do we need chronic disease management?
August 13, 2024

Managing long-term disease symptoms allows patients to slow down the disease’s progression and helps control the symptoms. With effective chronic disease management, patients can have better life quality. Disease management software can allow a comprehensive, total-health approach to chronic disease management.

Omnichannel healthcare: from in-person to virtual care
August 13, 2024

Every sector of the healthcare industry, irrespective of its successes or shortcomings, is rapidly evolving in the era of digitization and shifting its work to technology-driven models for omnichannel healthcare. According to the U.S. Bureau of Labor Statistics, employment of health information technologists is projected to grow 17 percent from 2021 to 2031, much faster than the average for all occupations.