Big Tech refers to the giants of the tech business such as Microsoft, Google, Facebook, Amazon or Apple. They all have plans to enter Health industry in big ways.
Main attraction is that it is a multi-trillion-dollar industry. Technology companies must have their share of it. Tech companies say that they will bring great Revolution and changes and help by new technology. Consumers, hospitals and insurers all will get tools in new apps to benefit. Each company is taking its own course of business, Apple concentrates on consumer devices like its wrist watch that monitors heart health in different ways, Microsoft in cloud storage and Analysis, Google on data. Amazon has its eye perhaps on Pharmaceuticals.
Doctors and researchers warn that too much half-cooked knowledge of health with computer apps may create more anxieties. Many people will be wanting to take unnecessary tests, and disrupt hospitals that are taking care of genuine illness. Such changes would add more stress to health industry, it already works under stress, even in most of the otherwise normal conditions. Facebook is expanding its Healthcare role by devising its page more appealing for pharmaceutical companies to advertise their medicines.
All the tech companies see it as great business opportunity but Health industry researchers do not find tech apps as always helpful. Countries like India will especially benefit from such revolution. Hospitals and doctors industry is already under stress for resources. Big population demands better Medical Services.
Apple, Google, Microsoft, Amazon and Facebook have their researchers work on specific aspects of Health industry in America. They will change Health industry globally when their new apps and ways enter the global markets.
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