Now-a-days, customers have become more knowledgeable and believe only after experiencing. A digital ecosystem enables self-service as well as co-creation. Personalized solutions come with need based solutions, which promotes exploration and access new demographic sections.The new generation is blessed with various devices such as Computers, laptops, tablets, mobile phones, handhelds and PDAs offered by latest technology which is very helpful in communicating, social networking, shopping, and entertainment. These devices are being used by a petty shopkeeper to biggest business tycoons who contributes in enhancing the expectations of all buyers.
Information Technology enables cost reduction in healthcare by eliminating wastage, avoiding unwanted processes and incorporating best practices in treatment. Latest medical devices and evidence-based medicine ensure patient self-care. In addition, peer-to-peer collaboration through social media develops a preventive healthcare lifestyle.Major technological and scientific advancements and trends in the healthcare industry have shown tremendous potential in personalized medication and treatment. Healthcare modernizations have revealed how cost and accessibility can be improved to meet local challenges.