Healthcare is at crossroads of a technology transformation—from wireless sensors, remote patient monitoring to blockchain, big data and the cloud— technologies are redefining the way care is delivered. A growing and aging global population triggers new challenges and demands for innovative solutions and services. In fact, the prime objective of medical technologies is to raise the standards of life, keeping people healthy and active throughout their life, by enhancing the quality of diagnosing, monitoring, and treating every medical condition. Medical companies are constantly leveraging cutting-edge innovative solutions—3D imaging and simulation, PEEK implants, non-invasive surgeries, data analytics, nanotechnology—with an aim to address the rising challenges, eliminate complications, and provide faster recovery, and better patient engagement.
While automation and machine learning are bringing about a substantially positive impact on the healthcare industry, AI adoption is aiding the industry to devise better treatment plans, customize medication, and monitoring procedures. Companies are unlocking the potential of blockchain technology to enhance the security, privacy, and interoperability of health data. Moreover, with the impact of IoT, along with data science and cloud computing, the industry focuses on setting up an advanced, intelligent, and efficient framework for patients and their caregivers.
According to the latest report by Evaluate Ltd, the global MedTech industry is forecasted to grow at a CAGR of 5.6 percent by 2024. The MedTech horizon is loaded with an overwhelming number of providers—both big and small—offering a sizeable diversity of innovative solutions, in an attempt to transform the industry cap-a-pie.
To help CTOs, CIOs, and CEOs find the right MedTech solution provider, a distinguished selection panel comprising of CEOs, CIOs, VCs, industry analysts, and MedTech Outlook’s editorial board has selected a list of MedTech solution providers that exhibit innovative technologies and strategies. Considering the vendor’s ability to build solutions and services that can effectively yet economically account for a productive advanced MedTech offering, we present to you MedTech Outlook’s “Top 20 MedTech Solution Providers in Europe - 2018.”