- In 2020, North America encapsulated the largest share of the telehealth market.
- The global telehealth market size was USD 61 million in 2019 and is projected to reach over USD 550 billion by 2027- exhibiting a CAGR of over 25%.
- Genetic Diagnosis is expected to go mainstream as awareness rises.
The unprecedented COVID-19 pandemic has unequivocally reduced the demand for a plethora of healthcare services. This has resulted from both the Health Industry’s exacerbated condition and the consequently decreased opportunities for face-to-face hospital visits.
Telehealth has been used as a significant tool against the COVID-19 virus. It has effectively allowed persons to consistently access their desired medical professionals without potentially jeopardizing their health as a result.
Consequently, the industry has seen a prolific amount of net growth. Top industry figures- including FDNA Telehealth and Teladoc Health, have stated that the demand for their virtual consultations has surged by over 50% between 2019 and 2020- a figure which is commensurate with the market’s aforementioned prolific growth.
The Impact of the COVID-19 Pandemic: A Closer Look
As briefly touched on above, the unprecedented pandemic has undoubtedly had a catastrophic impact on the overall health of the world’s population.
On the bright side, however, the pandemic has provided significant opportunities for the telehealth industry. It has inadvertently led to the development of a plethora of innovative solutions in relation to the restrictive social distancing measures that have been imposed as a result.
As can be seen, by the relevant data, the demand for healthcare services unsurprisingly peaked during the pandemic. The role of telemedicine has been predominantly used to: a) gather information, b) treat patients, and c) prepare future vaccinations. Consequently, the unprecedented pandemic has directed emphasized the potential of the Telehealth Industry and shed light on the industry’s creative ability to provide individual responses in relation to the COVID-19 health crisis.
Online Genetic Diagnosis: How does it work?
As briefly touched on above, eminent telehealth provider FDNA has introduced an online genetic diagnosis method in light of the plethora of relevant restrictions that have been imposed on the Health Industry as a result of the unprecedented COVID-19 pandemic.
Such a process commonly involves the following steps:
- The process begins with a simple photo. This is provided by the client and works by incorporating a unique AI technology that enables FDNA Telehealth’s clinical genetic experts to capture and examine that client’s (or their child’s) medical profile and allow them to consult with any other medical professionals if they wish to.
- By using a person’s photo, the industry colossal’s software can systematically detect a plethora of distinct anatomical features and patterns which are unique to that individual and then prolifically compare them with those of a variety of different medical syndromes – effectively building a person’s genetic report.
- After that is complete, FDNA Telehealth also offers an online video meeting commonly carried out by one of their geneticists or genetic counselors. During the meeting, an assigned professional reviews the client’s case using their aforementioned analytical AI-based technological tool and then moves on to provide tailored coordinators to identify the client’s ideal time and date.
- Lastly, the consequent results are critically used to identify a suitable geneticist from the FDNA Telehealth network, which will critically analyze the information provided, talk with the specific client(s), and arrange for the delivery of tailored tests, which will likely allow the identification of even more ‘genetic conditions’ – bringing the customer one step closer towards their online genetic diagnosis.
Genetic counseling is rising as awareness increases. Overall, the importance of the Telehealth industry has undeniably been emphasized during the peak of the COVID-19 pandemic as it has inadvertently shed light on some of the less “conventional” methods of seeking medical advice and consequently paved the way towards an unprecedented generation of prolific virtual consultations, software solutions, and even online genetic diagnoses on a global level.