“Information is the lifeblood of medicine, and health information technology is destined to be the circulatory system for that information.” — David Blumenthal, National Coordinator for Health Information Technology (2009–2011)
The role of technology in healthcare has grown exponentially, with the valuation of the HealthTech industry expected to touch a whopping $102.35 billion by 2023. Fitness trackers and telemedicine apps have become regular features of our lives, making it much easier to meet essential healthcare needs. The pandemic highlighted the pitfalls in the global healthcare infrastructure, and it was critical for economies to rise to the challenges. Technology in various forms played a vital role in the resurgent battle against the Covid-19 virus. There is still a lot to accomplish to bring meaningful change to the bottom of the pyramid, but the future of healthcare looks promising, thanks to the enormous investments made by private firms and public entities.
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