Health

From the Internet of Things (IoT), through 3Dprinting and to machine learning – innovative technologies and breakthroughs in the healthcare industry and other fields of life sciences are upgrading thehealth services in a variety of ways, helping to make them more accessible to the public, reducing the treatments costs, and better customizing different treatments to each individual needs, and above all – shifting the focus fromtreating diseases to preventing them

 One of the main field in which we see the development of revolutionary technologies relate to the linking and connecting of  the indices that are collected on an ongoing basis by various devices, to experts
from the world of medicine who will be able to generate significant insights
that will lead to efficiency, cost reduction and more accurate and effectivetreatments for existing conditions, and ways and plans to maintain a medical condition and prevent medical problems

The medical industry is expected to benefit significantly from breakthrough technological
innovation.  The combination of the fields of physical and digital together will lead to the next generation of medicine and modern health services Some define the current technological era as nothing less than the “fourth industrial
revolution” and this revolution is expected to bring about a change in health services.

 According to estimates by professional bodies, the Healthcare IT Market is expected to reach an average annual growth rate of about 16% in the coming years, which proves that the integration of new technologies in the world of medicine, such as VeVaio’s innovative technology and model, is clearly required by the market

To put it bluntly, every year about 30 billion transactions are carried out in the field of medicine, the economic value of which is estimated at about 250 billion dollars.  Spending on healthcare in the US is expected to reach approximately $5.4 trillion in 2024, representing approximately 19.6% of GDP. 

Therefore, the demand for IT solutions and services in the healthcare field is driven by a number of factors, including a mandate and government support for IT solutionsin the healthcare field, increasing use of Big Data in the healthcare field, a high rate of return on investment in IT solutions, and the need to reduce high healthcare costs.  Medical services are provided from a complex system and it is extremely difficult to bring about a structural change in it.  However, even a small change may yield significant results – the so-called “butterfly effect” and VeVaio fits in there clearly and immediately 

We have collected for your perusal and convenience some of the technological trends that are expected to lead to that "creative destruction" of health services:

Virtual Nursing

Machine Learning

IoT (Internet of Things)

Already today, chatbots powered by ML interact with patients more frequently than human nurses.  They also serve as intelligent gatekeepers of information between patients and doctors.  Virtual nursing assistance saves about 20 billion dollars a year

These are just a few examples of the interface between the world of technology and theworld of medicine, which is creating a real revolution.  Innovative technologies and breakthroughs in the field of life sciences are expected to upgrade health services, make them accessible to the public, reduce treatment costs, adapt to individual needs,
and shift the focus from disease treatment to disease prevention.

machine learning in the healthcare field is still
in its infancy, but there are already many applications today.  data in the healthcare field refers to all possible data – from diagnosis, treatment, medical procedures to image
analysis.  Machine learning is used to improve diagnoses, personalize treatments, analyze medical images and medical
text, reduce medical costs, reduce unfair bias, and better understand human
physiology.

Our smart system uses these technologies as well, for example to generate alerts on the
deviation of a certain index from the desired range, to raise flags for changing medical conditions in real time, and to alert the therapists and patients about this in order to prevent deterioration and stabilize the situation as quickly and efficiently as possible

a concept that refers to a system or platform that allows devices and applications to communicate with each other over the
Internet and together collect a lot of integrative information.  The Internet of Things is expected to make medical services more reliable, more efficient and faster.  From monitoring patient indicators, through directing them to the next medical appointment, to having a significant impact
on the treatment process

The use of a smart watch and interfacing with the VeVaio system fall very precisely under
this category, and with the help of the system’s applications, the patient can easily report and record symptoms, use a selection of wearable devices that can monitor and record the patient’s indicators, add, as needed and at his choice, smart medical equipment that is able to receive a lot of information and assist
in receiving  medical decisions.

The aforementioned IoT technologies allow medical teams to receive new quantitative
and qualitative insights about their patients and provide more accurate and faster treatment.

We have collected for your perusal and convenience some of the technological trends that are expected to lead to that "creative destruction" of health services:

IoT (Internet of Things)

a concept that refers to a system or platform that allows devices and applications to communicate with each other over the
Internet and together collect a lot of integrative information.  The Internet of Things is expected to make medical services more reliable, more efficient and faster.  From monitoring patient indicators, through directing them to the next medical appointment, to having a significant impact
on the treatment process

The use of a smart watch and interfacing with the VeVaio system fall very precisely under
this category, and with the help of the system’s applications, the patient can easily report and record symptoms, use a selection of wearable devices that can monitor and record the patient’s indicators, add, as needed and at his choice, smart medical equipment that is able to receive a lot of information and assist
in receiving  medical decisions.

The aforementioned IoT technologies allow medical teams to receive new quantitative
and qualitative insights about their patients and provide more accurate and faster treatment.

Machine Learning

machine learning in the healthcare field is still
in its infancy, but there are already many applications today.  data in the healthcare field refers to all possible data – from diagnosis, treatment, medical procedures to image
analysis.  Machine learning is used to improve diagnoses, personalize treatments, analyze medical images and medical
text, reduce medical costs, reduce unfair bias, and better understand human
physiology.

Our smart system uses these technologies as well, for example to generate alerts on the
deviation of a certain index from the desired range, to raise flags for changing medical conditions in real time, and to alert the therapists and patients about this in order to prevent deterioration and stabilize the situation as quickly and efficiently as possible

Virtual Nursing

Already today, chatbots powered by ML interact with patients more frequently than human nurses.  They also serve as intelligent gatekeepers of information between patients and doctors.  Virtual nursing assistance saves about 20 billion dollars a year

These are just a few examples of the interface between the world of technology and theworld of medicine, which is creating a real revolution.  Innovative technologies and breakthroughs in the field of life sciences are expected to upgrade health services, make them accessible to the public, reduce treatment costs, adapt to individual needs,
and shift the focus from disease treatment to disease prevention.

Disclaimer

 ** The information presented in this article is information that is publicly available, and is provided as a service for information purposes only and is not a substitute for investment advice or investment marketing that takes into account the data and needs of each person and there is no guarantee of return or profit.  This should not be considered an offer or advice for the purchase and/or sale and/or holding of the securities and/or financial assets related to the information presented.  The above should not be considered complete and exhaustive information of all aspects involved in the subject.

Said information is based on assumptions and may change from time to time.There may be errors in the information as
well as market changes.The data is
correct at the time of publication.

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