03 Apr
Top 10 Health Innovations 2020
2020 – A new era for the healthcare sector
Healthcare is evolving globally as the needs of consumers are changing rapidly. The year 2020 has seen some massive improvements in the health care sector. The efforts have been put into practice to ensure that each individual gets access to healthcare facilities at an affordable cost. The concept of combining innovation in healthcare leads to a better quality of life for everyone. Let’s have a look at the top 10 health innovations of 2020.
Video: Top 10 Health Innovations 2020
The year 2020 has seen some massive improvements in the health care sector. On International Health Day, view our video to learn about the 10 Top Health Innovations this year.
- Artificial intelligence (AI): AI has become one of the most powerful tools in digital technology. Over the years the AI technology has proved to be an asset for the healthcare industry. It has allowed predictive analysis for patient monitoring. This has resulted in early diagnosis and significant financial savings for the health care sector.
- Alternative pain treatment: Alternative pain therapy is a great alternate for those who do not wish to undergo surgical procedures or medicines for their chronic pain. The procedures that come under this are mostly natural and have no side effects. The year 2020 has seen rapid advancements in this form of treatment. The treatments have evolved to such an extent that they have become a standard in hospitals and clinics. Some of the treatments include acupuncture, chiropractic treatment, or treatment through supplements.
- 3D printing: 3D printing has proved to be a groundbreaking discovery for those with disabilities. Although this technology is fairly new it has already started to impact the health care industry in a positive manner. Healthcare providers are forecasted to be the second largest industry in the 3D manufacturing domain. According to a survey, over 100,000 knee replacement surgeries are completed every year using 3D printed, and patient-matched surgical guides.
- Virtual and mixed reality: Virtual and mixed reality is being used to simulate a variety of conditions and situations. These are used by health professionals to practice and acquire the expertise they need to produce results faster. The development of this technology has allowed improvement in the quality of surgery-based training. The technology has helped to access body parts that were otherwise inaccessible.
- Robotic surgery: In the past, surgeons would use robots for minimally invasive surgeries. However, robotized surgery has several advantages for patients. These include increased precision, less pain during recovery, and reduced healing times. Advancements in robotic surgery have found their usage in complex procedures a reality in the near future.
- RNA-based therapies: RNA-based gene therapies are some of the most versatile therapies practised today. The new form of healthcare is being employed by scientists to detect and intercept genetic abnormalities in patients before translation. RNA-based gene therapies are known to treat chronic diseases like Huntington’s disease, cancer, and other neurological disorders.
- Mitral and Tricuspid Valve Percutaneous Replacement & Repair: The groundbreaking improvements made in the surgical sector has ensured that cardiac surgeries are not as evasive as they were before. Today, the majority of cardiac procedures are performed with a catheter through the skin. Which renders such an open-heart approach obsolete in many cases.
- A larger window for Acute Stroke Intervention: Ischemic strokes are one of the deadliest conditions up to the date. The process of Acute Stroke Interventions is commonly used to treat the condition. The process requires a quick response from the surgeon to minimize any risks. New and improved guidelines have been released. These allow for an expanded window of treatment which lowers the risk of disability for the patient.
- Immunotherapy for cancer treatment: Immunotherapy has become a common procedure to treat cancer patients. The procedure activates the body’s own immune system to fight cancer. The new year has seen several advancements in this sector. Nowadays, scientists are engineering new cancer treatments through concepts such as joint therapy and engineered T-cells. This is practised to make the process more efficient.
- Visor for prehospital stroke diagnosis: With the number of cardiac diseases increasing every year. There has been growing pressure on the healthcare department to produce effective treatments for patients. Just like other cardiac diseases, hemorrhagic strokes require a rapid diagnosis as well. Healthcare professionals are using new technologies in 2020. One of the latest discovery is a haemorrhage scanning visor to detect bleeding in the brain and make prehospital diagnosis possible.
The coronavirus pandemic has proved to be a battle for the healthcare industry. With doctors, nurses and healthcare practitioners on the front-line, it has become a matter of life and death for them. This Health Day 2020. let’s pay a tribute to those brave warriors who have selflessly put themselves on the front-line to counter the global crisis that has befallen us.
Healthcare is a huge industry with growth in demand with every passing day. Due to the size of the industry, there is wide-scale research and development taking place. With new innovations by startups, SME’s and established businesses. If you’d like to know more about setting up or building a strong foundation for your innovative health business. Consider speaking to health care accountants or medical accountants.
Clear House Accountants are Accountants in London; we work with a variety of clients from the Health Industry such as Dentists, Pharmacies, Locums, Medical Equipment Manufacturers, Surgical Suppliers, Health Tech Businesses among many other. We help them create a strong business foundation and smart solutions for their Tax and Accounting needs.
Jibran Qureshi FCCA is the Managing Director of Clear House Accountants, and has over 10+ years of experience in practice and across multiple industries. Jibran’s educational background includes a Master’s in Financial Strategy from Oxford University and an Executive MBA from Hult International Business School. His experience in Financial Strategy, Tax Planning, Operational Consultancy and Performance Reporting guide his cognizant approach to leading Clear House and its clients to the future. It was this dexterity that led him to be Enterprise Nation’s Top 50 Advisors.
Jibran is fueled by his passion for helping businesses. He unequivocally believes that as business advisors and accountants for our clients, it is our responsibility to work with them as business partners. As specialists, it is our duty to help our clients navigate through the complexities of constant change and the implications that come with it.
Over the past decade, innovative disruptions have changed the way businesses work, everything from cloud software, innovative business models, to AI and machine learning, have impacted how businesses operate, grow, and expand.
Jibran recognized the need to manage these disruptions sustainably, early on and shaped Clear House Accountants to not just be compliance specialists, but advisors who help build complex ecosystems around cloud accounting software, provide advice on funding support, help manage innovative tax schemes, set up and implement complex strategic plans, and much more. So, his clients can thrive, not just survive.
Jibran developed his prime role as the Managing Director to build Clear House’s capabilities so it can add value for their clients. He is of firm belief that this can be done through consistent high-level training, building the right tools, and creating roadmaps to help businesses cope with prospective disruptions. He envisages that every client that comes on board, is provided maximum value through onboarding, ongoing services and the right mix of tools to help them become the best in the world.