The cost-saving benefits of digitalisation in healthcare outlined at CPhI pharma event; 3D printing, stem cell advancement, machine learning and AI, wearables and robotic surgery to transform healthcare in the region
The healthcare industry has the potential to save billions of dollars thanks to the introduction of new technology, as outlined by industry experts during the second day of CPhI Middle East & Africa, concluding today at the Abu Dhabi National Exhibition Centre (ADNEC).
During the session Malek El Husseini, Healthcare Partner, Sustainable City outlined the cost saving potential of remote patient monitoring, which enables monitoring out with the conventional clinical settings (US$200+ billion saving); telehealth, the distribution of health-related services and information via electronic information and telecommunication technologies (US$100+ billion); and behaviour modification, the cost saving of which are indefinitely.
Speaking at the event, Mr Husseini, said: “When it comes to cost savings digitalisation is allowing patients to take greater responsibility for active management of some of their own health issues and professionals to detect risks earlier - ultimately reducing the burden of diseases.
“Digital health can also ensure available health resources are used most effectively and where and when needed,” he added.
During the presentation Husseini outlined the breakthroughs in technology reshaping the medical landscape, these include:
· 3D printing: Researchers hope to expand its use to develop increasingly complex organs and replace body parts
· Stem Cell: Advances will lead to more effective treatments fro heart disease, cancer brain disorders and other conditions
· Machines learning and AI: advances will enable clinicians to use algorithms to analyse patients’ health, diagnose problems and more,
· Wearables: Soon will be common for consumers to wear technology that captures vital signs data and monitors their health 24-hours-a-day
· Robotic Surgery: Anew generation of robots will perform procedures with enhanced accuracy and precision.
“Sustainable health is about promoting wellbeing, delivering connected and better healthcare and pursuing innovation. We are deemed to change,” added Husseini.
CPhI Middle East and Africa, which was officially opened by His Excellency Sheikh Nahyan bin Mubarak al Nahyan, Minister of Tolerance, will end today, Wednesday 5th September. The event is providing a showcase for over 250 exhibitors and is expected to attract more than 4,000 pharma professionals from around the world.