Browse by year

November - 2016 issue

Personalized Medicine and Wearable Devices in Healthcare

By Vignesh Anantharaj

A
s 2016 comes to a close, Pharma and life sciences continues to be an industry that cannot be neglected by any means. Personalized medicine seems to be at the tongue of every medical Nostradamus. It can be simply put in the words that the US FDA uses, which can be as apt for the Indian audience as well. Providing the right patient with the right drug, at the right dose at the right time is the main motto behind the era of personalized medicine. Through major advances in big data, companies have information at their fingertips regarding information ranging from heartbeats to the level of sugar in the patient’s bloodstream. By closely scrutinizing specific details, characteristics preferences and details, organizations are able to make crucial health decisions which might also be a case of life and death. This path breaking phenomena has the capability to identify key diseases at their nascent stages, hence increasing efficacies and ultimately improving access and affordability of healthcare solutions.
With the penetration of big data into mainstream healthcare, we cannot neglect the importance of IoT and wearable devices that is increasingly becoming predominant not only in the fitness domain but also becoming a crucial part of the lives of surgeons and patients. According to a study, the number of wearable devices is set to reach 130 million by 2018. Understanding the body and its functions has become easier for individuals as data collected on a daily basis from smart devices is being churned into crucial insights. From Google glass used by advanced surgeons to the simple fitness band used by the teenager, these devices are increasingly being adopted by consumers. A humbling trend is to notice that professionals in the health care space are more open to such devices than consumers themselves.
Apart from individuals today, even enterprises are using area based abilities and wide-scale utilization of advanced mobile phones and 4G gadgets have offered pharmaceutical organizations some assistance with finding better approaches to draw in patients and furnish them with helpful administrations that can enhance personal satisfaction. Past applications, combined with newer innovation can be utilized to gather quiet information progressively. In this Regard, CIOReview brings to you the 20 most promising Pharma and life sciences IT solution providers for 2016. We have chosen the organizations not only for their innovative solutions but for their stellar working methodologies that we feel can stand the test of time.