AI, Data, and New Partnerships Could Define the Future of Medtech

As the health ecosystem increasingly focuses on prevention and early detection, medtech companies will likely need to forge relationships with companies from inside and outside the health ecosystem. Beyond devices that treat illnesses and injuries, we expect medtech companies will focus on the entire patient journey--from prevention and early detection, to diagnosis and treatment, to ongoing monitoring for years after an ailment is cured. At AdvaMed's annual conference in Boston yesterday (September 23), my colleague Pedro Arboleda moderated a session on medtech's likely role in the future of health. During the panel discussion, two medtech strategy executives and a health system CEO outlined the role medtech might play in the health ecosystem 10 or 20 years from now. We expect medtech companies will continue to play a significant role in reducing medical costs, optimizing provider performance, and improving patient outcomes.