The Internet of Medical Things (IoMT) is one of the fastest-growing markets, with a stunning expected annual growth rate of 24.4% by 2026. Looking at how IoMT helps healthcare improve patient care and reduce per-patient costs, it’s not surprising that providers are adopting this technology at full tilt.
Not there yet? Don’t fret. With our eight years of hands-on experience in software development, including medtech and IoT, Relevant knows how to help you jump on the IoMT train. In this brief guide to IoMT development services, we’ll share the knowledge and tips we’ve accumulated over the years.
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Continue reading to discover IoMT benefits for the healthcare market, the most common use cases, and a proven way to develop an effective software solution your users will love.
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The IoMT stands for the Internet of Medical Things—an infrastructure of wirelessly connected devices, systems, software applications, and other technology solutions used in healthcare. Connected with each other through a cloud platform, they collect, process, and analyze heaps of data in real-time.
IoMT isn’t new technology, but it is booming. In 2015 there were 4.5 billion IoT devices in healthcare, while now this number may have reached 20-30 billion. An average US hospital room has 15-20 connected devices, such as wearables and heart monitors.
The IoMT and the technologies behind it, such as cloud computing and artificial intelligence (AI), benefit healthcare more and more each year. Some of the most prominent advantages are listed below.
Improved patient care results in better treatment outcomes, and here’s how IoMT helps:
Deloitte estimates that US spending on healthcare will reach $8.3 trillion by 2040. However, medical IoT (IoMT) solutions have the potential to reduce this number, and here’s how:
As healthcare shifts toward value-based care, the patient experience becomes even more important. The IoMT improves patient outcomes, reduces patient visits, and facilitates communication between doctors and patients. Let’s have a closer look at this.
IoMT solutions help fight the burnout experienced by almost 80% of practitioners, and here’s how:
Considering the numerous benefits that IoMT solutions bring, it’s not surprising that it’s one of the leading technology trends in the medical industry. Next, we’ll have a closer look at the IoMT software market.
According to the AllTheResearch report, the global IoMT market will reach $254.2 billion in 2026, 5.7 times more than in 2018 ($44.6 billion). Real-time monitoring applications account for the biggest market share now, though tracking and alert applications are likely to grow even faster than they.
Several factors are fueling the rise of IoMT software:
The industry is shifting toward more proactive, patient-centered, and digitally-enabled smart healthcare. This requires a wide range of medical devices and applications to help monitor, diagnose, and treat health conditions. In 2018, half a million medical technologies were already available on the healthcare market, ranging from sensors and monitoring devices to patient management software. The number of medical devices that generate, collect, or analyze health data continues to grow, resulting in the creation of a robust IoMT ecosystem (see the image below).
The IoMT ecosystem brings together medical devices and mobile applications, multisource data, processes (monitoring and care delivering), and people (patients, providers, payers). It generates and consolidates measurable information that improves treatment speed and accuracy, while also enabling remote patient monitoring and home care. The IoMT has many application types, as you’ll see below.
IoMT technologies reduce per-patient costs and optimize hospital workflows, so it’s no wonder their application in the medical sector is constantly growing. Typically, IoMT solutions fall under one of five categories:
Next, we examine some popular use cases of IoMT.
Healthcare creates new IoMT use cases every day, so it’s hard to keep track of them all. But here are a few examples that have become commonplace.
IoMT tracks heart rate, respiratory rate, temperature, blood pressure, and other vitals in real time. Along with physiological indicators, practitioners can also monitor psychological parameters remotely in patients with conditions like depression or paranoia.
IoMT enables 24/7 monitoring of patients with chronic conditions and can alert practitioners when medical intervention is required. This includes having patients wear special sensor devices and surgically implanting sensors under the skin (for example, for monitoring glucose levels).
IoMT systems can work like virtual assistants that predict health issues, educate patients about their symptoms, advise on diet and lifestyle, and alert medical staff of emergencies. In some cases, they can even contain a remotely activated first aid kit to relieve acute symptoms.
IoMT devices can monitor fitness-related metrics and sleep quality, providing users with motivation and recommendations for how to improve results.
Trackers can notify the hospital about the location of medical devices across the hospital and warn when supplies are running low. In addition, IoMT can monitor electricity and other resource consumption, alert about unauthorized access, and monitor air contamination in rooms.
Internet of medical things solution development is a broad term that includes many types of software. Here are the most common examples:
Software functionality will largely depend on your specific case, so the best way to bring together all needed features and avoid possible IoMT vulnerabilities is to hire a software development team to build a custom solution.
A chronic disease tracking app serves as a disease management tool for both practitioners and patients. Usually, it tracks vitals and provides this data to practitioners. It can encourage patients to adhere to their medication plan, make healthier lifestyle choices, and can help them get medical aid if needed.
Below, we provide an example of how to develop an IoMT app, using a chronic disease tracker as an example.
A tracker app should meet the same requirements common to most medical apps:
Meeting these requirements will ensure that your app is easy to integrate, modify, and use, while also making sure it’s secure and works with no failures.
The app must also have specific features, which usually fall under one of three categories: tracking, reporting, and actions.
This list is not comprehensive; depending on the specific case and app purpose, the list may vary. A professional team of developers experienced in providing IoMT application development services can help create a solution for you.
A typical team includes a project manager, business analyst, UX/UI designer, IoMT developers (backend and frontend), and QA engineers. If your project size is large, you’ll also need a DevOps engineer, a technical writer, and a product manager in your team.
In some cases, you may need very specialized developers, so partner up with an IoMT software development company that can offer you a wide variety of services and tech stacks.
The whole development process can be roughly broken into two stages:
IoMT development can be lengthy, taking from 2-3 weeks for a simple medication tracker to up to a year for a rich-featured chronic disease tracking app. The development stage includes:
After releasing the app, you can collect user feedback and get a better understanding of what the app might be lacking. During this phase, you can add or remove features, fix bugs, and scale the app. Once you scale it to the desired size, you can start optimizing cost, performance, availability, bulk operations, and resources the app uses.
The final cost of IoT mobile apps depends on many factors, including the app’s functionality, complexity, size, and even the geographical location of your IoMT development team. For example, these are IoT developer salaries in different countries:
If you want the best ratio of expertise to cost, we recommend outsourcing to Ukraine. Along with lower rates and global recognition in tech development, Ukraine also has an optimal geographic location—its time zone ensures convenient communication for both EU and US clients.
Outsourcing IoMT software development gives you access to a large talent pool of talented experts who can complete your projects in the most efficient timeline possible, avoiding hidden pitfalls and common mistakes.
Most healthcare providers outsource custom IoMT software development instead of building an in-house development team or buying a ready-made app. Here’s why:
With an outsourced team, you can build a secure app to address specific challenges and fully integrate it into your hospital IT system, no matter how complex it is.
If you decide to develop an IoMT solution from scratch, choosing a reliable partner to work with should be your primary concern. Luckily, you don’t have to look far—Relevant has just the right expertise at the crossroads of healthcare and IoT app development.
With over eight years of full-stack development experience, we offer you full-service IoT software solutions just like we did it for these projects:
Whatever your project is, don’t hesitate to contact our experts. Together we can build an IoMT app that your users will love.
The pandemic, an aging population, increased spending, and higher patient expectations force the healthcare industry to either continue putting out fires or to pioneer innovation. As the industry shifts toward digitally enabled care, the number of medical devices and amount of data continue to grow, fueling the rise of IoMT solution development.
A properly built application can curb many provider and patient woes. So joining forces with a professional and reliable IoMT development company like Relevant is vital for project success.
Want to give your project a jump start? Get in touch to discuss details and share your ideas with us.