#MedTech #FutureTrends
Medical technology (medtech) in the future world
We are seeing rapid digital transformation and the application of advanced technologies in the healthcare industry. With rising life expectancy and living costs as well as more specialised medical care, the demand for cost-effective and innovative solutions is on the rise, presenting new investment opportunities.
Innovative medical care
Technology is advancing the process of diagnosis – listening & observing the signs and symptoms, enquiring about patient medical history and examining – while presenting market opportunities.
Observing Medical devices that employ facial recognition technology, artificial intelligence (AI) and machine learning can improve the accuracy of diagnosis.
Enquiring Smart data is also advancing the management and analysis of patients’ medical records, shortening consultation time and improving the efficiency of treatment.
Listening New communication technologies are enabling virtual conversations between patients and doctors. Such consultations could cost 3 times1 less than in-person visits.
Examining Wearable technology in healthcare is helping patients keep track of their heart rate and physical activity, and enabling doctors to better examine and assess their patients’ vital signs.
Advanced medical technologies are enhancing the quality of patient care while improving the efficiency and sustainability of healthcare systems, offering early-stage investment opportunities.
Unleashing opportunities in healthcare with a medtech blueprint
In a world that is transitioning towards a sustainable future, some multi-asset thematic strategies can help investors optimise long-term opportunities by focusing on the following themes2:
- Long-term development trend: digital technology’s value to healthcare systems is expected to reach US$3 trillion in 20302,3.
- Key potential markets2: medicial devices, in-vitro diagnostics, as well as information and communication technologies are key medtech categories that are presenting growth potential. These include wearable devices and AI innovations that are paving the way for automated surgeries.