By Dana Jacoby
Changes That Could Shape the Future of the Industry
2023 is shaping up to be an all-time intriguing year in the healthcare investing sector. As we settle into the spring and summer, the medical industry continues to adapt to new technologies and trends.
Here are five healthcare investment trends to watch out for in the coming year.
1. Virtual Healthcare
Telemedicine is poised to become even more popular over the next year. Feeling the ripple effects of the COVID-19 pandemic, virtual visits with healthcare providers have become the
norm for many patients. This healthcare form is also convenient for patients who have mobility issues or reside in remote areas. Expect continued investment in telemedicine infrastructure, software, and services to meet growing demand.
2. Machine Learning
Most every hospital uses some form of artificial intelligence (AI). Medical professionals can use AI to analyze large amounts of data, helping healthcare providers make better diagnoses and treatment decisions. As such, we predict more investment in AI-powered healthcare tools and services, from medical imaging analysis to drug discovery.
3. Changes in Senior Care Services
Home healthcare is becoming increasingly critical as the population ages. Many seniors prefer care in their homes rather than in a hospital or nursing home. As a result, medical investors are looking at in-home healthcare services and technologies to help seniors live independently and safely at home.
4. Medicines Made For You
We customize most items in our lives—why not medicine? Personalized medicine is gaining traction to provide more effective and targeted patient treatments. In addition, advances in genomics and other technologies have made it possible to tailor treatments to a patient’s genetic makeup and other factors. As a result, customized medicine research and development is a sector that many investors are keeping an eye on.
5. Managing Long-Term Illness
Chronic disease management is a growing concern as the population ages and these conditions become more prevalent. Healthcare providers invest in technologies and services to help patients manage chronic illnesses like diabetes, heart disease, and cancer. Expect to see hospitals invest in these services to help patients live healthier, happier lives.
Watching Healthcare Investment Trends
These healthcare investment trends will shape the industry in 2023 and beyond. From telemedicine to chronic disease management, the healthcare industry is evolving to meet the needs of patients and providers alike. As these trends continue to develop, look for even more innovations and advancements in healthcare in the years to come.