✍Aenco Academy #35: The Potentials of MedTech
Covid is now becoming part of our life and the global communities have grown so much in adapting their living style to the pandemic. Aenco, too, is fascinated by the expedited ‘technization’.
We might hate the fact that the entire global community is still in the progress of walking out of the on-goining pandemic, but we know for a fact that covid has somehow expedited the invention of new innovative techs, and one of them being the MedTech. What do we mean by MedTech? Join us this week as we discuss the potentials of MedTech and its sustainable values.
In normal circumstance, MedTech is a abbreviation of ‘Medical Technician’. Under the supervision of a medical technologist or physician, med techs may be responsible for performing many laboratory tests. But here, we refer to the use of technology to facilitate medical work. Hence, Med-Tech.
Medical technologies (Med Tech) are products, services or solutions used to save and improve people’s lives.
The current development of Med-tech
From pregnancy tests to ultrasound scans, medical technology is accompanying us from before we are born. When we scratched our arms, perhaps as a child, we wore a plaster; if our vision blurs, we then opted for glasses. When we are unwell, diagnostics and medical devices help healthcare professionals restore us to good health as quickly as possible — these devices could either be in hospitals, clinics, or even sometimes at your own hosue.
Should you need surgery, medical technologies will ensure you get the care you need in a way that is safe and minimally invasive; if our blood vessels become blocked, stents can help clear the way; if you are seriously ill, an MRI scan can find the cause; if you require monitoring, digital health tools can check your health status and communicate vital data to health professionals.
These are all considered Medtech.
The Potential of MedTech
Since covid, there is a new form of Medtech that benefits multiple regions around the world. One of the several key Medtech is the remote diagnosis technology /telehealth solutions— this comes in handy during covid where people are not encouraged to gather and queue up in a clinic due to the risk of spreading diseases. It is also a way to maximize resource allocation when doctors cannot travel to certain regions due to travel restrictions and lockdowns. Remote diagnostics is the act of diagnosing a given symptom, issue, or problem from a distance. Instead of the subject being co-located with the person or system done diagnostics, with remote diagnostics the subjects can be separated by physical distance
- 3D Bioprinting
Three-dimensional bioprinting combines cells, growth factors, and various biomaterials to grow “living” tissues. These tissues mimic the behavior of actual living systems occurring in nature, their use can greatly simplify research. And that’s just the current state of the technology: bioprinting researchers are already looking for ways to print implants, devices, and even entire organs. Its current ability to cut the costs of pharmaceutical research could help 3D bioprinting build and sustain a pathway to becoming a revolutionary health technology in coming years.
- AI for healthcare data
AI is already being applied in various areas of healthcare, including vaccine development, simulation-driven drug discovery, thermal screening, and diagnostics applications. Due ot covid, AI-powered digital health solutions are gradually emerging and we are expecting more innovative solutions related to the use of AI in healthcare data processing. In addition to health technology, data-based and AI-driven prediction will also likely be used by more and more insurance companies to better identify risks and further optimize the plans they offer.
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