Technology Making Inroads into Healthcare

By CIOReview | Wednesday, March 5, 2014
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FREMONT, CA: After creating waves in the technology domain, Apple has set out to rein other domains with its uncanny mobile apps. It has lately unveiled apps for the automotive sector and is looking forward to prove its prowess in the healthcare sector as well. A meeting has transpired between few senior Apple executives and the U.S. Food and Drug Administration to discuss mobile applications for the healthcare, a report by Nick Bilton and Brian x. Chen from blog.nytimes.com.

Apple is expected to launch its smartwatch soon which will help the company to further its chances in building products and services for healthcare sector. The smartwatch with sensors designed to monitor the health status of a human body is expected to be able to read the activities of the heart and take decisions accordingly.

The Healthbook app from Apple can be expected to have the ability to track a person’s heart rate, blood pressure and glucose levels. Apple that holds patents for sensory information collection including blood-pressure monitoring is hopeful about its smartwatch device.

Meanwhile, Google has also met with the U.S. F.D.A to ponder about possible medical devices as reported by Bloomberg. Google on its blog post has asserted about its working on a contact lens that can monitor glucose levels for diabetic people. According to the United States Census Bureau estimates, the healthcare industry is worth $1.6 trillion and big companies like Apple and Google can be expected to bring in significant products to carve a niche in the healthcare sector.

Meanwhile, the Annual Global CEO Survey report points out that 86 percent of healthcare industry CEOs believe technological advances would result in business transformation in the coming five years. At the same time, several top executives from the healthcare sector are skeptical that the current technology blitzkrieg would render their research and development obsolete.