Get Ready for These 4 Medtech Shifts

Healthcare has historically focused on treating the chronically ill and diseased populations, but things are changing, and it is a “global shift,” Sowmya Rajagopalan, industry principal of Frost &Sullivan, told attendees at The MedTech Conference. “Payers and providers understand that it has to be health management [in order to] to delay the onset of disease.” In addition, “consumerization in healthcare has begun,” she added. Patients “want to know how their health is managed.” Rajagopalan presented “Top 4 Predictions for Global Medical Devices Industry in 2019” September 25 on the MedTech Exec Talks Stage. To achieve such a transition in healthcare, Rajagopalan said that monitoring solutions and diagnosis and screening tools will be needed. Hospitals will no longer be the focus—“care will take place at home, 24/7, through screening and monitoring,” she said. And “AI has to be a tool that clinicians use to predict disease.” There’s also a need to control spending. “In a developed country, hospital inpatient care represents 25-40% of healthcare expenditures, and 11-15% of hospital inpatient costs are attributed to readmission costs,” she said. The medtech...
Source: MDDI - Category: Medical Devices Authors: Tags: Business Source Type: news

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No abstract available
Source: Advances in Skin and Wound Care - Category: Dermatology Tags: DEPARTMENTS: EDITORIAL Source Type: research
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Source: Advances in Skin and Wound Care - Category: Dermatology Tags: FEATURES: ORIGINAL INVESTIGATIONS Source Type: research
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Source: the Mail online | Health - Category: Consumer Health News Source Type: news
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Source: Current Diabetes Reports - Category: Endocrinology Source Type: research
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Source: Current Diabetes Reports - Category: Endocrinology Source Type: research
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Source: Frontiers in Endocrinology - Category: Endocrinology Source Type: research
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