5 trends that could affect medtech in 2018

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2. Making the most of big data

Early Metrics big data medtech

[Image courtesy of Early Metrics]

A big part of the future of medtech development will depend upon the analysis of big data and health records, where tremendous amounts of information are generated and aggregated.

As Big Data enables patient data analytics, personal health record (PHR) vendors and developers of modern health technology are expected to invest in innovation to take advantage of all this data.

Using AI and machine learning techniques, we can now analyze data and identify patterns, but access to that very data is still sensitive and complicated.

All this data from clinical and non-clinical sources will need to be protected as it is being shared across platforms. To satisfy this need for privacy and security, new technology such as blockchain distributed ledger technologies will find its way into healthcare this year.

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Hear from top executives at Abbott, Google, Boston Scientific, Medtronic and more at DeviceTalks Minnesota, June 4–5 in St. Paul.

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