February 27, 2020
Across the globe, the future of healthcare is expected to be increasingly driven by new advances in digital technology. This year’s coronavirus outbreak, for instance, has put the spotlight on the use of artificial intelligence and smart devices to effectively track, monitor and forecast the development of the epidemic in real-time.
Hailed as the world’s fastest growing healthcare market, Asia has seen technology’s profound impact on how industry players improve treatment quality and how patients access and pay for care.
By 2026, Asia’s overall healthcare spending is projected to surge to US$2.2 trillion. To keep up with the region’s rapidly evolving landscape, it is essential to assess the key areas of tech adoption that are propelling new and exciting healthcare innovations in Asia.
Improved accessibility to healthcare
Asia is home to the world’s largest number of ageing populations, and accessibility to basic healthcare remains a challenge in rural and remote regions. In response to healthcare demands, there is a growing need to bridge the rural-urban divide through the adoption of new delivery models and technologies—in order to better connect patients to skilled healthcare professionals for quality care.
The Internet of Things (IoT) is poised to play a pivotal role in enabling advanced diagnostics, at-home monitoring and ICT-enabled access to specialist care. The proliferation of similar innovations will continue to empower healthcare workers to enable early diagnosis and monitor response to treatment for patients in remote areas.
Paving the way for affordable healthcare
In 8 out of 10 Southeast Asian countries, more than a third of healthcare expenses are paid out-of-pocket by individuals. As such, healthcare sustainability becomes one of the foremost concerns, especially when immediate payment may determine whether a patient receives treatment during a health emergency.
The rise of digital payments, crowdfunding platforms and digital loans in Asia is helping patients gain immediate medical attention during emergencies.
At the same time, these technologies hold the potential of streamlining administrative processes in health systems, making supply chain operations more efficient and cost effective, while enabling healthcare providers to focus on delivering quality care.
Healthcare advancements through data-driven research
As connected devices continue to find new applications in patient care, interoperable data is likely to play a huge role in transforming healthcare.
Connected databases will give doctors and researchers access to full patient history, assisting industry professionals in clinical decision-making and developing improved treatments. Drawing insights from health data will enable care providers to determine the efficiency of health interventions, advise on prevention, and prescribe early diagnosis.
Looking ahead, these digital innovations are expected to evolve exponentially to keep up with the growing healthcare needs in Asia. Download our report to dive deeper into how innovative digital solutions provide better health outcomes and contribute to the sustainability of health systems.