Medical technology, or “medtech” is intended to improve the quality of healthcare delivered through earlier diagnosis, less invasive treatment options and reduction in hospital stays and rehabilitation times. Medical technology or MedTech may include medical devices, information technology, biotech, and healthcare services. According to Statista, the whole global medical technology industry’s market size stands at some 430 billion U.S. dollars. Established centers of this MedTech industry include the United States and Western Europe. But MedTech industry trends show that Asia and first of all China, are about to play a more prominent role in the years to come.
Source: Medtech Europe
Right now thwre are 27,000 medical technology companies in Europe. Most of them are based in Germany, followed by the UK, Italy, Switzerland, France and Spain. Small and medium-sized companies make up almost 95% of the MedTech industry, the majority of which employ less than 50 people.
So, what have these companies came up with? Let’s look at the top MedTech industry innovations that we would definitely keep an eye on.
MedTech industry innovations
High-tech imaging
MRI (magnetic resonance imaging) is an advanced imaging technique. The body part to be examined is placed inside a powerful magnet, and harmless radio waves are released towards it. ...
Read More on Datafloq
No comments:
Post a Comment