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
A closed-loop operating model & framework implemented with a digital thread capability needs to be supported by four capability pillars for orchestrating and operationalizing the process.
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.
Issued by the Under Secretary of Defense for Acquisition and Sustainment, this instruction included an adoption mandate for all military services, agencies, research organizations and combatant commands, covering new and fielded weapon systems programs.
We recently attended the PTC Boston Seaport Corporate Experience Center (CXC). Kalypso, in partnership with PTC, is spearheading a transformation in the industry. We’re seamlessly connecting engineering and manufacturing, optimizing process planning in ways that would make even the most seasoned professionals take notice.
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