Medical Device Predictions 2023 – Thematic Intelligence

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Accessing this in-depth thematic intelligence report will allow you to identify the top themes that are likely to impact the Medical Devices Industry in 2023 –

  • The Major Technology Themes that are expected to impact the medical device industry in 2023 are Artificial Intelligence (AI), Cybersecurity, Robotics, Wearable Tech, and Cloud Computing.
  • Remote Patient Monitoring and Precision Medicine are the Major Industry Themes impacting the Medical Devices Market in 2023.
  • The Major Macroeconomic Themes that are likely to impact the medical devices industry in 2023 are Environmental, Social, and Governance (ESG), China and Regulations.

How is the ‘Medical Device Predictions 2023’ report different from other reports in the market?

  • This report will help clients understand disruptive themes in the medical sector, the impact of these themes, and which themes will be important in 2023.
  • Identify the top 10 themes that will impact the medical devices industry in 2023; Themes are classified into technology themes, macroeconomic themes, and industry themes.
  • Understand the 10 themes, with predictions that will help in understanding the winners and losers.

We recommend this valuable source of information to anyone involved in: 

  • Medical Device Manufacturers
  • Professional Services
  • Financial
  • Government
  • Academia

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Medical Device Predictions Thematic Intelligence Report Overview

The top themes that are likely to impact the medical devices industry in 2023 can be classified into technology themes, macroeconomic themes, and industry themes.

The major technology themes that are expected to impact the medical device industry in 2023 are artificial intelligence (AI), cybersecurity, robotics, wearable tech, and cloud computing. Environmental, social, and governance (ESG), China, and regulations in medical devices are the major macroeconomic themes that are likely to impact the medical devices industry in 2023. Furthermore, remote patient monitoring and precision medicine are the major industry themes impacting the medical devices market in 2023.

The medical device predictions thematic intelligence report identifies the top 25 themes that will impact the medical devices industry in 2023. For each theme, the report offers a series of predictions, identifies winners and losers, and points one to further reading. Moreover, it assesses how well companies are positioned for the future based on their competitive position in the main themes disrupting their sector.

Major Technology Themes Artificial Intelligence (AI), Cybersecurity, Robotics, Wearable Tech, and Cloud Computing
Major Macroeconomic Themes Environmental, Social, and Governance (ESG), China, and Regulations in Medical Devices.
Major Industry Themes Remote Patient Monitoring and Precision Medicine
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Top Themes Driving Growth in the Medical Devices Industry

Top Themes Driving Growth in the Medical Devices Industry

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Top Themes: Medical Devices Industry

Artificial Intelligence (AI): AI is likely to emerge as a key driver of medical device innovation. The use of AI in medical is expected to increase in 2023, as there are many applications of AI in medical, with the potential to transform key aspects of the industry and drive innovation. Uses include data management, remote surgery, diagnostic and procedural AI assistants, and clinical trial design. Furthermore, AI will aid in fighting against COVID-19. AI will continue to provide support in many different areas, such as the development of diagnostics and treatments, understanding how COVID-19 spreads and identifying outbreaks, maintaining social distancing measures, and scaling customer communications.

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Regulations in Medical Devices: Digitalization of the healthcare sector will introduce new types of medical devices in the market. Additionally, more health and wellness-based devices and apps that do not need a prescription are appearing. For example, many smartwatches have medical capabilities, such as tracking steps, heart rate, stress levels, and more. Health-based mobile apps such as menstrual cycle trackers and calorie trackers are also available. Such devices are not currently regulated. However, the vague guidelines surrounding wearable tech and mobile health apps could change that in the future.

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Precision Medicine: With the increase in genetic testing, precision medicine is reshaping disease treatment with the potential to provide superior outcomes in smaller patient populations, increasing patient expectations around efficacy. Precision medicine is gaining popularity due to the shift in healthcare to a more patient-centric perspective. Furthermore, while precision medicine is most often used in oncology, it can also provide new treatment methods for people suffering from autoimmune and infectious diseases.

To know more about how precision medicine theme is impacting the medical devices industry, buy the full report or download a free report sample

Scope

  • Analysis of the 25 most important themes impacting the medical devices sector, classified into three groups: technology, macroeconomic, and industry themes. These include artificial intelligence (AI), cybersecurity, robotics, wearable tech, cloud computing, environmental, social, and governance (ESG), China, regulations in medical devices, remote patient monitoring and precision medicine.
  • A series of quantitative and qualitative predictions for each theme in 2023, including market forecasts. Infographics are provided for each theme to justify key predictions using survey results and data from GlobalData’s patents, jobs, deals, company filings, and social media analytics databases. Winners and losers are identified in each theme using data from thematic scorecards, driven by GlobalData’s unique thematic methodology.

Reasons to Buy

  • Position yourself for future success by investing in the most important tech, regulatory, and macroeconomic themes in the medical devices industry. Informed by GlobalData’s analysts, we provide recommendations on the actions you should take in each theme to improve your standing.
  • Source the leading vendors for the most disruptive themes in the medical devices industry from our winners’ lists and shortlist potential partners based on their areas of expertise.
  • Quickly identify attractive investment targets by understanding which companies are the most advanced in the themes that will determine future success in the medical devices industry.
  • Quantify the global sales opportunity for disruptive tech services by accessing GlobalData’s market size and forecasts, produced by technology, healthcare, automotive, retail, banking, aerospace, defense, and security analysts.

3M
Boston Scientific
GE Healthcare
Medtronic
Lepu Medical Technology
MicroPort Scientific
Neusoft Medical Systems
Mindray Medical
BGI Genomics
Shanghai Kinetic Medical
Abbott
Johnson & Johnson
ICU Medical
GE Healthcare
Globus Medical
Intuitive Surgical
Smith & Nephew
Stryker
Thermo Fisher Scientific
Zimmer Biomet
Philips
AliveCor
Biotronik
Apple
Garmin
Fitbit
F. Hoffmann-La Roche
Illumina
Amazon
Microsoft

Table of Contents

Executive Summary

1. ESG

2. Artificial Intelligence

3. China

4. Cybersecurity

5. Robotics

6. Remote Patient Monitoring

7. Wearable Tech

8. Precision Medicine

9. Cloud Computing

10. Regulations in Medical Devices

Glossary

Further Reading

GlobalData reports

Our Thematic Research Methodology

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