Frost & Sullivan: Technologies
Healthcare technology is defined as any technology that is designed to support and revolutionize healthcare organizations, including medical devices, IT systems, algorithms, artificial intelligence (AI), cloud, and blockchain. Technology in the medical field aids patients and providers because it makes essential data accessible while maintaining security and privacy. Clinicians have more time to focus on making the right choice for their patients when limited effort goes into gathering the information they require. Furthermore, healthcare tech can assist clinicians to make faster diagnoses and minimize the overall cost of healthcare by minimizing the amount of unneeded or repetitive tests.