Surge in investment of digital infrastructure in healthcare

Health and Wellness Informatics News

GCC points out the increasing investment in the areas of digital infrastructure. The hospital investment is currently focused on virtual care.

GCC (Gulf Cooperation Council) sees a rise in investment in digital infrastructure. The PMES and EMERGE GHI Investment forum bring up the highlights of annual investment. It discusses the annual investment in healthcare digital infrastructure in GCC. It is also going to increase from $0.5 billion to $1.2 billion in the next two years. This marks an almost 10 to 20% rise in comparison to the last year. Then, it was just 3 to 4%.

With the investment in digital health infrastructure, the health tech startup is one of the growing areas. The growth rate is also high in the regions of the Middle East and North Africa (MENA). Dealroom.co, a venture capital intelligence records health tech, is one of the growing enterprises. It results in almost billions forming an ecosystem.

The digital infrastructure at MENA is worth almost $1.5 billion. The huge increase goes by almost 22 times the one in 2016. The startup is taking off in leaps and bounds. It also compasses $200 million in venture capital alone.

The use of technology is one of the key regions. The organizers tend to focus more on virtual care. They are also putting away more money in regions remote patient monitoring and artificial intelligence. They serve as a key area of interest.

However, Ram Karri, the CEO of Medjacket, brings up the idea of virtual care, stating, “We want to raise awareness of this virtual patient management, which is needed in present times. It means a patient can be treated virtually with the appropriate technology and infrastructure, thereby largely safeguarding patients from virus infections in hospitals…

This technology is very affordable for all hospital facilities and addresses all the issues from the gate of entry of the hospital facility to the discharge.”

In the next ten years, the key areas of AI and remote patient monitoring will account for almost 30 percent of total hospital investment. Also, the significant rise in the digital infrastructure remarks the optimization of the workforce with the healthcare services.

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