For India, the future of healthcare is advancing in ways, both familiar and dramatically new whereas, revolutionizing technologies are gaining momentum, possibly, in every unit in a hospital ranging from billing and finance to administration and even patient care. Thereby, IT simplifies the operations to a great extent. India's competitive advantage also lies in the increased success rate of Indian companies in getting Abbreviated New Drug Application (ANDA) approvals. India also offers vast opportunities in R&D as well as medical tourism. Meanwhile, Telemedicine is fast emerging into the medical sector. Back in 2012, Telemedicine was valued at US$ 7.5 million, which is expected to grow at a CAGR of 20 percent by 2017.

Comprehending Big Data

Medical practitioners are crunching data to offer a better diagnosis and treatment. The usage of Big Data is done wisely so that there is no need of spending time in collecting pertinent information. Artificial Intelligence (AI) in the healthcare industry has linked patients with their doctors making them equally responsible.

BYOD in healthcare

Bring your own device is a growing trend in healthcare as multiple device usage becomes more popular. Practitioners access information, record clinical data and communicate with patients using mobile devices, which are otherwise known as point-of-care devices, increasingly integrated into the flow of the patient encounter.

Uptrend of Wearable Technology

Increasing the value of wearable technology has made the public aware of the concept Do It Yourself (DIY). Smartphone-linked devices and mobile apps in care delivery have come to help in the time of need as well as aided in healthcare upkeep. Health apps and medical care solutions come hand in hand with wearable technology.

Wireless Communication

While instant messaging and walkie-talkies aren't new technologies themselves, they have recently been introduced into the hospital setting, replacing devices like beepers and overhead pagers. IT offers platforms for users to send lab tests and alerts to one another using web-based consoles or third-party clinical systems. These messaging systems can expedite the communication process in a secure manner.