Healthcare is a highly inefficient industry that is ready for technological disruption, opening up numerous promising opportunities for innovators and investors. Increasing adoption of existing technologies to improve the performance of healthcare companies will be one of the main drivers of change. The biggest opportunities are in big data and analytics for forecasting medical issues and speeding up drug development; artificial intelligence in care delivery, optimizing research, and health insurance fraud detection; and blockchain technology.
Key Takeaways:
- The healthcare industry is laden with opportunities for technological disruption, opening up numerous entry points for entrepreneurs and investors.
- Increasing uptake of technologies to improve the performance of healthcare organizations will be one of the main drivers of change.
- The biggest opportunities are in the applications of big data and analytics, artificial intelligence, and blockchain technology.
“If you’re on the fence about expanding into the healthcare sector, here are a few numbers that make it obvious why every entrepreneur should be going after the opportunity. An IMS Health study found that prescription spending is expected to rise 22 percent by 2020, which will put it near $400 billion.”
Read more: https://www.entrepreneur.com/article/304259