PRINCETON, N.J., May 9, 2023 (Newswire.com) - According to the World Health Organization (WHO) and the World Bank, there could be a shortage of 18 million health workers by 2030, with developing countries in South Asia and Sub-Saharan Africa expected to be hit the hardest. This factor, coupled with global youth unemployment and limited job prospects, especially in the healthcare industry, presents a challenging situation for access to healthcare worldwide.
Telehealth as an innovative way of connecting patients with physicians could be the answer to ensuring everyone has access to quality healthcare, according to Glorium Technologies experts.
With the COVID-19 outbreak leading to increased demand for remote care, telehealth has grown significantly. However, there is still room for expansion. The market was valued at $83.5 billion in 2022 and is projected to reach $455.26 billion by 2030, with a compound annual growth rate (CAGR) of 24.0% from 2023 to 2030. And here is one of the main reasons why—the Internet and smartphone penetration help to address the gaps in the delivery and availability of telehealth services.
But to make telemedicine accessible for people across the globe, telemedicine coverage should be balanced due to gaping differences in infrastructure and capabilities between countries. Some of them have already established robust networks of remote services for their citizens, and others still need access assistance.
A quick glance at facts and figures shows that in 2022, North America dominated the industry, accounting for 47.1% of the total revenue, mainly due to high healthcare IT expenditure and higher penetration of internet and smartphone users. The Asia Pacific region is projected to witness the fastest growth rate during the forecast period due to the rising geriatric population, combined with advancements in digital health and research initiatives undertaken by key players. Regarding the problems with very low incomes and limited opportunities for employment and education in areas like Africa and South America, patients can receive remote care abroad using telehealth solutions and address health issues in this way.
"Considering the projected shortage of medical professionals, now is an opportune moment to invest in infrastructure and telehealth software development," says Andrei Kasyanau, CEO and Co-Founder of Glorium Technologies. "In cases where patients cannot receive an accurate diagnosis due to a scarcity of physicians, they can send their test results to medical experts in other regions, who can provide the necessary diagnosis and treatment plans."
In addition to enhancing access to care, telehealth can automate and digitize administrative tasks, freeing up medical professionals' time and enabling them to dedicate more attention to their patients. The technology can also help medical professionals develop networking and exchange valuable information, creating group chats and video rooms for communication and information exchange.
About the company
Glorium Technologies is a top-shelf bespoke software development company that has delivered 100+ products to its clients. The headquarters is located in the US. Since its establishment in 2010, the Company has been helping startups grow by offering top-notch technology designs. Its centers have mastered Business Intelligence, AR/VR, Blockchain, Machine Learning, Big Data, Artificial Intelligence, and many other top tech trends.
Glorium Technologies' achievements are recognized by the international IT community and awarded by the Inc. 5000, Clutch, GoodFirms, AppFutura, Wadline, etc.
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Original Source: Glorium Technologies Discusses How Telehealth Can Help Solve the Expected 18 Million Medical Professional Shortage
