The unprecedented crisis that the recent COVID-19 pandemic has brought forth is now pushing the existing healthcare systems to scale at pace. And to this end, digital transformation is playing a crucial role by helping the healthcare systems adapt to this new world. The use of innovative medtech devices and the application of AI in providing care to patients are constantly becoming more commonplace.
This is also being accompanied by other critical changes, particularly around the deployment of a whole gamut of new medical devices and products, including wearables. These devices have many potential entry points in the best management of COVID-19 pandemics: from the monitoring of mild cases at home to offering personalised care to patients post discharge from hospitals. And today, with the proliferation of 5G infrastructure and the very sudden increase in take-up, these medtech devices are further leading to a veritable explosion in the number of data points that are going to become available to different healthcare systems globally.
By and large, it is implausible that this is a temporary phase. Medtech companies, therefore, should consider additional imperatives beyond the immediate crisis response—particularly over the next three to nine months— to strengthen crisis resilience and plan for recovery. For example, there is a real urgency to gather insights and deploy AI for identifying areas of future risk and opportunity, while improving and personalising the care of people.
At this juncture, a wide variety of medtech startups are entering the industry with a set of advanced and integrated offerings. CIOReview has compiled a list of the top 10 medtech startups in Europe to help care providers improve their services and simultaneously ensure greater patient safety. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, latest innovations, and their advice for the aspiring CIOs.
We present to you MedTech Outlook’s, “Top 10 MedTech Startups in Europe – 2020.”