Is your medical device organization positioned for success in digital healthcare? A well-structured Smart Connected Medical Device IoT systems brings together people, processes, and data analytics that deliver value to all stakeholders in the value chain… most importantly the patient.
The connected medical devices segment (helping to diagnose, monitor and treat patients) of the internet of medical things (IoMT) is expected to rise from $14.9 billion in 2017 to $52.2 billion by 2022.
For MedTech manufactures, harmonizing a smart connected medical device program in an IoMT structure can be a challenging. Identifying a solution that scales with rapid growth and adapts to an ever-changing changing regulatory environment is essential. Medical device organizations need to work smarter across functional groups and building a smart connected device program that not only builds a bridge between disparate functions, but also acts as an advanced network that can be used for data analytics and information sharing.
80% of respondents in an Axendia Medical Device Research Survey stated that IoMT will Reduce the Cost of Quality.