HIT Consultant August 14, 2023
Ravivrat Pandey ā€“ Associate Vice President, Indegene

With its rapid adoption, 5G technology has the potential to completely revolutionize customer experiences and boost revenue in the life science industry.

Accenture research found that companies which invest in 5G capabilities will grow revenue 2.5 times faster in the next three years. And the life sciences industry is taking notice ā€“ according to a survey by HFS Science, the healthcare industry is positioned as the second-largest market for adopting 5G technology. PwC predicts that 5G-compatible devices will soon be utilized to monitor bed occupancy levels, track the movement of healthcare professionals (HCPs) and patients within hospitals, and even wearable medical devices among other exciting uses.

Organizations need to start in right earnest to ensure that their current and...

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Topics: 5G, Biotechnology, Pharma / Biotech, Survey / Study, Technology, Trends
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