Solutions incorporating innovations from diverse industries will remain at the heart of medical diagnosis and treatment, finds Frost & Sullivan
MOUNTAIN VIEW, California, Sept. 21, 2015 /PRNewswire/ -- An array of sophisticated inventions in medical devices, diagnostics and imaging have given birth to less expensive and flexible healthcare solutions, playing a critical role in managing the increasing frequency of chronic diseases around the globe. A striking feature of Frost & Sullivan's list of top medical technologies of 2015 is the potential of these technologies to address needs across developed, developing and emerging countries.
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Analysis from Frost & Sullivan, Top Medical Device and Imaging Technologies in 2015 (https://www.frost.com/d691), reveals growth in the healthcare industry will center around the following 10 technologies: surgical robots, digital pathology, neuroprosthetics, surgical laser, smart pills, optical imaging, health informatics, integrated vital signs monitoring, artificial organs and four-dimensional (4D) ultrasound imaging. New modalities such as neuroprosthesis and hybrid imaging are moving towards commercialization. Technologies already in the early commercialization phase, including smart pills and surgical robots, will find widespread uses across applications.
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"The strong merits of the top 10 medical device and imaging technologies attract the attention of large and small healthcare companies alike," said Frost & Sullivan TechVision Senior Research Analyst Bhargav Rajan. "Traditionally, cautious tier-1 firms stake claim in these pioneering modalities directly or indirectly through funding, tie-ups and acquisitions."
A common thread connecting the 10 solutions is their scope for convergence with non-medical platforms. Innovations in electronics, sensors, information technology and advanced manufacturing are actively powering product and technology progress in medical and imaging devices. Non-healthcare businesses such as Google and IBM invest in these technologies.
"Stringent regulatory requirements as well as a competitive intellectual property landscape prolong the time-to-market and strain returns on investment," noted Rajan. "Collaborative and multi-cluster advancements in conjunction with non-healthcare industries will significantly reduce development times and lower barriers to market entry."
Once commercialized, these multi-disciplinary medical and imaging devices with long lifespans will consistently influence market potential, research and development, and global adoption over several years.
Top Medical Device and Imaging Technologies in 2015, a part of the TechVision (http://ww2.frost.com/research/technology/medical-devices-imaging) subscription, identifies and profiles 10 technologies expected to shape the medical device and imaging industry. The list includes technologies that are already in the market as well as recently commercialized technologies. This research throws light on technology capability, maturity, global research intensity, adoption over the short and medium terms, and funding activities.
Frost & Sullivan's global TechVision practice is focused on innovation, disruption and convergence that provides a variety of technology based alerts, newsletters and research services as well as growth consulting services. Its premier offering, the TechVision program, identifies and evaluates the most valuable emerging and disruptive technologies enabling products with near-term potential. A unique feature of the TechVision program is an annual selection of 50 technologies that can generate convergence scenarios, possibly disrupt the innovation landscape, and drive transformational growth. View a summary of our TechVision program by clicking on the following link: http://ifrost.frost.com/TechVision_Demo.
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Top Medical Device and Imaging Technologies in 2015
D691
Contact:
Kayla Belcher
Corporate Communications – North America
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