Pharmaceutical Industry and Augmented Reality
Unlike Virtual Reality where the computer-generated data is
seen by the user, Augmented Reality focuses on the real world by adding
elements that can be seen for enhanced user experience.
AR has become a trending topic of the 21st
century and has found umpteen applications in the Retail, Manufacturing, Healthcare, and Pharmaceutical industries. The best example of usage of Augmented Reality
is the IKEA Mobile app, Nintendo’s Pokémon Go app, Google Pixel’s Star War
Stickers, and Loreal Makeup App to name a few in Retail and Manufacturing. AR is
also used to enhance the visualization of CT scans and MRI scans for surgical
visualization, and vein visualization in the healthcare sector.
The Pharmaceutical industry is also not far behind. Due to the ongoing pandemic situation, the
pressure on the Pharma industries to develop drugs in a faster but curated way
has given AR the front seat as its involvement can create exciting
possibilities for the industry.
Usage of Augmented reality in the Pharmaceutical
Industries
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AR in Drug Discovery- AR can be deployed
for data visualization in Drug Discovery. Manually checking the genetic data related
to specific microbes takes a lot of time. Using AR by doctors and scientists
can help save time since data visualization with AR helps the R&D team to
study the characteristics of such particles and helps in drug discovery to
combat the microbes be it bacteria or viruses. Also, the information collected
by AR tools can be shared with other scientists working from remote locations. Thus,
discoveries made in one part of the world can be shared in no time with another
part of the world, thereby increasing coordination within the global
pharmaceutical community.
v
AR for patient education- The
percentage of educated patients are more nowadays, and they would like to know
the details of their treatment. Patients are anxious about the procedures they
would be passing through in the course of their treatment. Hence, AR is the
perfect tool as educating patients has become a necessary task these days.
Patients can be given a detailed understanding of their medical condition
including the action of medicines in their body using AR. The 3D visualization
can pass on a vivid understanding of these essentials rather than a written
document or a brief of the treatment by the doctors.
v
Innovative drug Information- AR helps a
patient take a look at how a medicine works in his/her body instead of the long
description put in the bottle.
v
AR in Product Demonstration- When a new
drug is produced by a pharma company after extensive research, its usage needs
to be showcased in an understandable way to hospitals, regulatory bodies,
and buyers. AR comes into play during this time. Sales meetings can be
simplified with AR-based tools. Presentations that involve AR-generated imagery
can be conducted and viewed from any part of the world. Hence, the assembly of
people in one location can be averted. Also, the demonstration can be seen by
viewers on their phones and tablets preventing needless spending on expensive
VR-like headsets. Boehringer Ingelheim, a Germany-based pharma company launched
one of its products named Spiriva Respimat, an inhaler using AR in 2013. 3D
animations and gesture-based controls were shown in an innovative demonstration
session to exhibit the features of the product and how the product could be
used.
Augmented Reality in Medicine
Packaging Industry- An extended opportunity for Drug Makers
The total spending on AR and VR was about USD 12
billion in 2020 globally estimated to increase to USD 72.8 billion by 2024. And
drug-making companies won’t want to miss their opportunity of grabbing the
deal!
Today, the marketing campaigns and sales of products are
done to reach the end goal which is customer satisfaction, educate people about
the products, and in return get customer loyalty. But in today’s Gen Z world
where none are willing to read through the leaflets of each medicine where its
usage and applications are mentioned in tiny letters, AR has given some relief
to the medicine packaging industries creating enhanced user experience by
making the “Read Instructions” more fun.
By scanning the medicine package with the help of a QR code,
the product description starts appearing with explanations, while extra
features like live commercials can also be added. Augmented Reality is used not
only for marketing but also to provide knowledge to novice users of drugs.
Conclusion
AR remains the huge untapped market for Pharmaceutical
companies, once leveraged to its full potential, it can create wonders.
If organizations adopt AR for the applications in Pharma
Industries, it will be able to boost companies’ productivity, ROI, and
compliance with regulations. It is only one leap before Drug companies
reach LEGO with AR, where the advantages of building something in the real
world might be combined with virtual imagination.
Never knew you ll be such a good Analyst.
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