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13 Types of Healthcare Software

The healthcare software landscape According to a 2019 industry forecast by Meticulous Research, the healthcare IT market is expected to grow at 13.8% CAGR (Compound Annual Growth Rate) between 2019 and 2027, to reach a value of $511 billion. 
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With the rapid spread of COVID-19, healthcare in many countries has been stretched to its limit. A number of medics have already been infected with SARS-CoV-2, and countless more continue to risk that they contract and spread the disease on a daily basis when providing care. Minimizing contact between patients and frontline staff is critical, but it’s also a significant challenge for healthcare providers to achieve.
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Machine learning solutions have been used in healthcare for decades, but they only became popular a few years ago, mostly due to developments in deep learning. According to PwC, in the next four years, the market for AI in healthcare will grow from $760 million to $6 billion.
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The AI-powered solutions have a massive potential in healthcare. Computers equipped with software based on convolutional neural networks are better at detecting skin cancer than experienced dermatologists, and Deep Learning beats radiologists in diagnosing pneumonia.
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Artificial Intelligence (AI) can bring more benefits to healthcare than to any other industry. However, until recently the progress here has been slower than in other fields - such as finance or e-commerce. Luckily, this has changed lately. With significant investments, we can see an outburst of machine learning applications that should lead to medical revolutions in many fields.
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In healthcare, getting the diagnosis right – and getting it in time – is key to any successful treatment. It’s a matter of utmost importance, as revealed in the research on postmortem examinations: diagnostic errors are responsible for about 10% of patient deaths in total. The study also suggests that these errors contribute to 6-17% of all adverse events in hospitals.
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Peter John and Steve Dailey are founders of Helpr, a facilitating platform that aims at improving the personal care services market in the UK. Helpr connects care workers directly with people looking for their services. The providers earn up to 66% more than in the traditional British care system, while the clients pay up to 20% less for their services. The project is run as a social enterprise and prioritizes quality of service over profit. Peter and Steve told us how they business has been going.
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