Consumers take health into their own hands
Implications - Healthcare is not always easy to access, so consumers are taking matters into their own hands by self-diagnosing. This gives a sense of control in the chaotic realm of health and disease, while alleviating any distrust felt in regards to health professionals. This ultimately reflects on the importance consumers place on self-control over expertise.
Trend Themes
1. Self-diagnosing Health - Consumers prioritize self-diagnosis and control as a way to alleviate distrust in healthcare professionals.
2. Minimally Invasive Medical Tools - Advances in technology have led to the development of tools that are less invasive but still accurate in detecting serious illnesses, presenting opportunities for their use in medical procedures and facilities.
3. Personal Health Monitoring Devices - Wearable technology that tracks vital health information represents a major opportunity for the health industry, as it allows for personalized updates and early detection of potential issues.
Industry Implications
1. Healthcare Services - The self-diagnosis trend presents opportunities for healthcare providers to improve trust with patients, while new methods and tools present potential for more efficient and effective services.
2. Medical Device Manufacturing - The development of minimally invasive medical tools and personal health monitoring devices offer significant opportunities for companies in the medical device manufacturing space.
3. Technology and Electronics - Advances in technology have led to the development of cutting-edge medical tools and wearables, with significant potential for growth and innovation in this industry.