4 in 10 APEJ health companies to adopt IoT by 2019

Eden Estopace
Healthcare Innovation

More than four in 10 (41%) healthcare organizations in Asia-Pacific excluding Japan (APeJ) plan to launch at least one IoT solution in the next two years, new research from IDC reveals.

About 63% of organizations believe that the IoT is going to be the central theme for driving digital transformation in health. Remote patient monitoring, resource utilization and tracking are the key priority areas that these health organizations will focus their IoT efforts on.

The IDC 2016 Global IoT Decision Maker Survey also shows that security-related concerns and the fear of recurring costs are the two primary reasons for acceptance of IoT on a large scale – especially with large private hospitals.

The promise of reduced operational costs in the longer run, improved energy efficiency and creating new revenue streams are the key features decision makers expect as an outcome of an IOT implementation.

"The focus on mobility and analytics, coupled with the need for optimizing resource distribution, especially in the urban setting are driving acceptance for IOT implementation at healthcare organizations,” said Ashwin Moduga, Research Manager Health Insights, APeJ, IDC Asia-Pacific.

"With the advent of digital disruptors in the form of virtual care, the traditional hospital system could face gradual revenue losses unless digital transformation is undertaken as a proactive measure for the next decade – and IOT is key to improve operational efficiency, clinical confidence and patient engagement for any large hospital," he added.

IDC said decision influencers for IOT implementation are now evenly distributed between the IT departments and the line of business.

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