The healthcare industry continues to be a hotbed of innovation, with activity driven by telemedicine, real-time diagnostics, smart hospitals and access to digital therapies, and the growing importance of technologies such as artificial intelligence (AI), the internet of things (IoT), augmented reality (AR), robotics and data management practices. In the last three years alone, there have been over 106,000 patents filed and granted in the healthcare industry, according to GlobalData’s report on Personal Health Data in Healthcare: Healthcare information management systems.
According to GlobalData’s Technology Foresights, which uses over 443,000 patents to analyse innovation intensity for the healthcare industry, there are 200+ innovation areas that will shape the future of the industry.
Healthcare information management systems is a key innovation area in personal health data
Healthcare information management systems (HIMS) is a computer system that includes processes for medical billing, coding, PHI information, and assists the hospital in processing healthcare information in a controlled and secure way. This software also includes the storage and access of medical records and treatment paradigms. Because of this, the data found in these systems are an important component of improving long term care through longitudinal analysis.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 30+ companies, spanning technology vendors, established healthcare companies, and up-and-coming start-ups engaged in the development and application of healthcare information management systems.
Key players in healthcare information management systems – a disruptive innovation in the healthcare industry
‘Application diversity’ measures the number of different applications identified for each relevant patent and broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of different countries each relevant patent is registered in and reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local.’
Patent volumes related to healthcare information management systems
Source: GlobalData Patent Analytics
People.ai is one of the leading patent filers in the field of healthcare information management systems. Some other key patent filers in the field include Enlitis and Koninklijke Philips.
In terms of application diversity, People.ai leads the pack, followed by Enlitis and GEO Group, respectively. By means of geographic reach, E. Merck held the top position, while Panasonic and Quantum Biosystems occupied second and third spots, respectively.
Healthcare information management systems manage healthcare data. They comprise systems that gather, store, manage, and transmit electronic medical records (EMRs), hospital operational management, and healthcare policy decisions. Health information systems handle provider and health organisation data. Together, these can improve patient outcomes, inform research, and impact policy and decision-making in healthcare organisations and institutions.
To further understand the key themes and technologies disrupting the healthcare industry, access GlobalData’s latest thematic research report on Personal Health Data.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
