SPURRED BY THE shift to value-based care, the speed of technological advancement, and the focus on patient-centric solutions, we are seeing a convergence among all aspects of care pharma with drug delivery and medication adherence programmes, medtech with increased complex software and data management, cognitive and AI. This disruption is augmented by consumerisation, augmented and virtual reality, regulatory and cybersecurity compliance needs and the connectedness of everything is having a huge impact on how we all expect to interact and engage with all aspects of healthcare. All this has given rise to a new ecosystem model for medtech companies intelligent connected medical products and solutions, driving an intelligent healthcare industry. Incorporation of new technologies not only produce efficiency, savings and better outcomes for providers and patients; they also help medical device companies play a wider role in the overall care journey right from prevention, diagnosis, treatment to post care.
This story is from the December 31, 2022 edition of Businessworld India.
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This story is from the December 31, 2022 edition of Businessworld India.
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