Healthcare App Development Company USA
Healthcare App Development Company USA
Did you know that 93% of the doctors out there find it valuable to connect a healthcare app to Emergency Health ?
Yes, and we will come back to it late.
It would be hard to imagine a world without healthcare technology. Considering the pandemic, we have been enduring for quite a while, visualizing a world without healthcare technology sounds either too implausible or too scary. For those of you who didn’t know, it is because of the role of information technology in healthcare that we were able to sequence the genome of Covid-19 in a very short span of time.
Current Overview Of Healthcare
According to a report from Centres for Medicare and Medicaid Services, the US spent close to $3.3tn on healthcare in the year 2016. This increased by approximately 4.6% and 5.3% in 2017 and 2018. Besides, administrative expenses account for the majority of spending in healthcare in the USA. This is close to 8% of the country’s GDP, which is over $1845tn (based on 2016 data).
The healthcare system in America is also plagued by the concern of inflated prices of pharmaceutical products, which results in increased healthcare expenses. An American pays thrice the amount for 20 top-selling medications around the world when compared to the citizens of the UK.
Digital Healthcare Statistics
Let’s start with the basics. One thing that makes us feel empowered today is our smartphone. A treasure-chest of information about our lifestyle and interests, a smartphone is also a vault of insights on our hygiene and health. 91% of us adults have our phones within our reach and app developers and companies have been swift in identifying use cases of smartphone applications for health and roll them out for our benefits.
Segments in Healthcare
To understand the segments better, let’s classify the segments into four:
- Healthcare Financier
- Healthcare Provider
- Life Sciences and Pharma
- Digital Healthcare
Healthcare Financier
One of the most indispensable sectors in healthcare is the financial sector that makes healthcare more accessible to people. This segment comprises of companies and businesses in the finance spectrum such as:
Healthcare Providers
They are the segments that bridge the gap between doctors and patients and make the prevalence of medical devices, insurance policies, systems, diagnostic services and surgeries more meaningful. This segment comprises of:
- Ambulance service providers
- Hospitals, clinics and medical centres
- Nursing homes
- And Rehabilitation centres
Life Sciences and Pharma
The ones that are responsible for studying viruses, pathogens, antibodies, sequencing and more and preparing appropriate antidotes, medications and treatments includes divisions like:
- Generic drugs
- Prescription drugs
- Supplements and vitamins manufacturing
- Health stores
- Biopharmaceutical drugs
- OTC drugs and stores and more
Digital Healthcare
The newest kid on the block, digital healthcare is the offspring of advanced technologies and the evolution of equipment required for their practical implementations. This is a revolutionary segment in the healthcare sector as it is redefining the ways healthcare works across the globe. Digital healthcare is touching and influencing all the previously mentioned wings and rewriting conventions. This segment includes:
Digital health such as electronic health records, wearable devices and more
Digital medicine such as on-demand medicines, simulation of medicine compounds and their effects on bodies and more
Digital Therapeutics such as complementary practices to medical treatments, incorporation of medical best practices and more
On-demand healthcare – the most promising healthcare wing that has proven to be beneficial in times of global viral outbreaks
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