While many supply chain issues cause inconvenience to our daily lives, medical equipment delays can completely disrupt surgeries and procedures, causing severe downstream ramifications that can endanger patients.
It's essential to have an effective digital thread strategy that considers practical and realistic uses of AI to supercharge processes throughout the value chain. Let's look at examples of how your MedTech organization can use AI across the product lifecycle including:
Although the concept of medical robots may still seem futuristic, their increasing viability is driven by numerous advancements in robotic engineering and related technologies. They are now popular in fields like orthopedics, gynecology and neurosurgery.
We’ve been exploring technology as a trend in MedTech, so let’s dive deeper. The growth of Smart Connected Products (SCP) continues to drive advancement and affect the Internet of Medical Things (IoMT), such as devices and sensors. The list of applications of IoMT continues to grow including ventilators, anesthetic machines, “smart” orthopedics, “smart” wound patches (e.g. for diabetes patients), infusion pumps, pacing devices, organ support and a large array of monitoring devices.
The advancement of AI/ML in everyday life is impacting us exponentially with smart homes, self-driving cars and large language models like OpenAI GPT-x and Google’s Gemini. It is suddenly around us in subtle and not-so-subtle ways. There are many ways AI/ML is affecting the MedTech industry. This includes the integration of AI/ML within the medical device itself
Adoption of the digital thread will create opportunities for medical device companies to better serve more people around the world with increasingly innovative and affordable diagnostics, treatments and combination devices.
As companies adjust to the reality of increased remote engagements, they can accelerate the trend towards connected field operations. Here is how we see AI impacting day-to-day operations, both through and after the recovery.
What do the digital thread and digital twin look like for medical device companies? Here's a look at a practical example and a prescription for success. Getting started may be different than you think!
Effectively managing risk in the medical device industry can be complex, but it’s increasingly important. Doing it well is often a key strategic differentiator, so we’ve outlined seven things that we’ve seen industry leaders do that set them apart.
