The Development and Impact of China's Digital Transformation in the Medical Industry

Abstract

This research chapter sheds light on the digital transformations that are happening in the medical industry and primarily focuses on how digital transformation processes are introduced and adapted into China's medical industry. Furthermore, the authors explore the characteristics, socio-economic impact, changes in business models and consumer experience, introduction, and restructuring of relevant government policies caused by these digital transformations. They also bring to light the opportunities, challenges, and risks that may present in the future. The authors take two case studies for demonstrating the impact: first, the intelligent assistance system that leverages 5G+AI and, second, the body temperature monitoring system that leverages the IoT and Bluetooth. Through the comparison of these two successful case-studies, they can realize that the impact of AI technologies and thereby the digital transformations will play a major role in the future of medical industry. They also explore the problems of digital transformation in the field of medical care with the help of a few case studies like IBM Watson.