The healthcare scene is making huge strides in recent years, driven by a rise in digital health technologies such as telemedicine and artificial intelligence.
New: You can now listen to articles.SINGAPORE: As the healthcare sector increasingly adopts new innovations such as telemedicine and artificial intelligence, healthcare providers must build a culture of trust among their patient bases, said experts.
He believes healthcare in Southeast Asia, in particular, will become more borderless with technology.“If a good doctor is in Malaysia or in Singapore, then any patient who is suffering from a certain illness should be able to have access to the doctor. It shouldn't be based on where you are born and or where you are staying.”
Another challenge is helping the older generation in the adoption of healthcare technology such as telemedicine, said experts. A recent market report by market intelligence firm Business Research Company, for instance, showed that the market for global AI in clinical trials is expected to balloon to US$3.89 billion in value by 2027, from a US$1.19 billion valuation last year.