What is Disruptive Innovation in Health Care?
Disruptive innovation, a term of art coined by Clayton Christensen, describes a process by which a product or service takes root initially in simple applications at the bottom of a market and then relentlessly moves up market, eventually displacing established competitors. The theory of disruptive innovation helps explain how complicated, expensive products and services are eventually converted into simpler, affordable ones. Netflix is a great example of disruptive innovation. Its DVD-by-mail model turned the video rental business on its head and helped push an industry Blockbuster into bankruptcy. Disruptive innovation has brought affordability and convenience to customers in a variety of industries. Still health care remains expensive and inaccessible to many because of the lack of business-model innovation.
Here are the five most disruptive technologies: artificial intelligence, blockchain, 3D printing, VR/AR, and IoT. https://www.iotforall.com/5-disruptive-technologies-shaping-our-future/amp/
