Wearable and point-of-care devices

With connected medical devices becoming the increasing norm, we are seeing the need for technology and IT experts grow. The adaptation of microelectronics, wearable devices, display capabilities and long-distance and remote communication between devices and users, introduces risks and challenges in the areas of security, privacy, malware, and hacking.

However, the acceleration of these products is not only asking for technology experts. The pandemic has put enormous pressure on manufacturers to increase production, but also to accelerate the entire product development process, especially for point-of-care testing devices. Medical device manufacturers will need product experts who can accelerate the entire product development and market processes to position themselves to handle the ongoing global health crisis, and the next.

Minimally Invasive Surgery

Particularly in the Asian market, minimally invasive surgery (MIS) is on the rise. Continual innovations in this area make MIS useful for an expanding list of procedures, while allowing surgeons more precision and patients a faster recovery time. Despite its growth potential, MIS is restricted in its development by a lack of skilled healthcare professionals in this area, which will see key players in the industry compete for a small pool of available talent.

Chipocalypse

The global chip shortage is affecting nearly every industry, with experts believing that catching up with the current backlog will last through 2022 and into 2023. For the medical device supply chain, the shortage also includes raw materials and part shortages, that will see proactive supply chain solutions become a top priority for medical device manufacturers.

This makes room for a range of experts that healthcare and life science managers will have to make decisions about. Who have the skills to predict and analyze the next shortages, who is able to redesign our products to leverage the materials we can access, and who can act as a reliable global supply chain partner?

AI, AR and Robotics

The market size for AI in health care is expected to grow from $10.4 billion to $120.2 billion by 2028. Medical technologies like robotic-assisted surgery are a significant driver in the projected growth, as well as augmented reality (AR) and virtual reality (VR).

The combination of technologies like AR and VR have benefits for the training of much needed health care professionals, whereas robotics can alleviate human staff with automated tasks, surgical assistance, and general monitoring of patience statistics.