Before the emergence of the COVID-19 pandemic, the healthcare sector has started implementing virtual technology, but it was not much prevalent. A bi-annual survey of US-based physicians has revealed that prior to the COVID-19 outbreak and at the beginning of the year 2020, only 19% of physicians had initiated some form of video visits. Simply put, the COVID-19 pandemic has acted as a catalyst in increasing investment in virtual health applications.
It all started more than a decade ago. At that time, virtual health was regarded as a game-changer in the industry, but as advancing technology made virtual health possible for healthcare organizations across the world, its adoption remained rather slower than expected. Then during this pandemic age, the healthcare sector witnesses smaller declines in total visits in adult primary care and behavioral health segments. It has made virtual health in limelight.
A McKinsey survey conducted among leaders of healthcare service providers in the year 2019 has revealed that prior to the pandemic, virtual health adoption was highly concentrated in telemedicine with the limited investment in the full range of available virtual health technologies. Remote monitoring was considered a key area for investment in the future. Today, virtual health has risen as an imperative and vital part of the healthcare ecosystem.
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