Development of Personalized Healthcare Systems (Healthcare 5.0) and Its Impact on Wellbeing

Abstract

The chapter explores the development and conceptual understanding of healthcare 1.0 to 5.0 and its impact on well-being. It discusses the fundamental concepts of the evolution of healthcare which aimed at patient survivability at its initial stage to personalization now. The chapter outline focuses on digital disruption technologies like big data, AI, blockchain, IoT, robotics, cloud computing, and virtual reality, and its usage in various areas of healthcare. Multiple business models of business are also featured along with an understanding of the barriers that should be understood to implement and take maximum advantage of Healthcare 5.0 at all levels and areas of healthcare. Government initiatives in public and private sectors are also contributing to accepting the fast-paced technological advancements. Healthcare 5.0 has and will improve the accessibility and ease of healthcare services, thereby impacting people's well-being. Precision healthcare, integrated and generative AI, and intelligent infrastructure will soon become part of patient monitoring and treatment.