Challenges
The global Life Sciences & Healthcare (LHS) industry is facing unprecedented challenges, especially in cost and margin pressures, healthcare management, care delivery, lack of robust discovery pipelines, product recalls, increasing regulations, and the cost of research and development. These challenges also bring significant opportunities that can be explored and leveraged with smart healthcare systems using IoT.
Changing dynamics
- The rising cost of healthcare and skyrocketing R&D expenses
- Shifting demographics to emerging markets
- Aging population, the need for personalized medication, and remote patient monitoring
- Alliances, partnerships, M&A, and globalization
Patient care and safety
- Need for better disease management
- High average wait time for primary care
- Restrictions on patient readmission
- Need for cost-efficient treatment and care delivery
Quality and compliance
- Quality governance/evolving regulations
- Increasing medical errors impacting millions
- Secure drug supply chain management
- Patient-reported outcome
Our healthcare monitoring IoT solutions
Remote healthcare and patient monitoring
- Care coordination platform
- Disease-management platform
- ‘Transition of care’ initiative
Smart clinical trial
Smart clinical trial
- Accelerated clinical trials
- Meet regulatory demands
- Improve patient safety monitoring
Medical devices: Remote patient monitoring and servicing
- Sterilization
- Connected devices
- Data, integration, and management
Enabling healthcare management
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Improved efficiency of clinical research
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Enhanced engagement of care management using a health monitoring system
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Increased post-marketing surveillance