In a new report titled, Internet of Medical Things Enabling Hospitals of the Future byReportlinker, the Internet of Things (IoT) has transformed hospital settings and created a new moniker for the healthcare world, The Internet of Medical Things (IoMT).
Driven by popular demand, IoMT is the collection of medical devices that have adopted innovative technologies. These devices are equipped with wireless communication capabilities which provide direct machine-to-machine communication and to cloud platforms such as Amazon Web Services, on which data can be stored and analyzed. Additionally, IoMT devices presents individuals with the ability to analyze and report data without visiting a doctor.
"Sensor technology, along with artificial intelligence (AI), big data analytics, and blockchain will drive the adoption of smart hospitals as they provide competitive safety and security advantages and ubiquitous solutions to the patients and as well as the doctor," the report states.
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The use of IoMT has the potential to create significant changes in the healthcare industry. IoMT offers remote chronic patient monitoring, known as Telemedicine and tracks patient medication orders and the location of patients hospital admittance. IoMT has also connected infusion pumps to online analytic dashboards and hospital beds with sensors to measure patients' vital signs.
Another report by Allied Market Research revealed that 3.7 million IoMT devices are currently in use and forecasts IoMT within the healthcare market will grow to $136.8bn by 2021.