5G Technology Will Accelerate Healthcare Provider Innovation

The ability to introduce new capabilities for their organization, products, and clients is driving healthcare organizations to make the requisite investments in 5G technology. According to IDC 2020 Industry IT & Communications Survey (July 2020), 24% of healthcare provider respondents reported that they will be investing in 5G in 2021–2023 with continuing investment over the next five years. When asked about their organization’s 5G activities, 43% and 33.5% stated that they were in the initial planning or development phase respectively.
Adopting new approaches to connectivity using 5G technology will enable healthcare organizations to increase their business resilience through a variety of telehealth initiatives. Over the last year, there was a significant uptick in adoption of virtual care services to continue to provide care while mitigating the risk of exposure to the coronavirus and addressing consumer concerns. 5G with its greater speed and bandwidth will improve the experience for both clinicians and patients. Thus, the adoption of 5G will encourage the continued use of telehealth services to offer convenient and cost-effective care in a post pandemic world.