DECEMBER - 20206Managing EditorAlex D'SouzaVisualizervinaySalesAndrew D'Souzaandrew.dsouza@medicaltechoutlook.comEmailsales@medicaltechoutlook.comeditor@medicaltechoutlook.commarketing@medicaltechoutlook.comCopyright © 2020 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffDecember - 29 - 2020, volume 04 - Issue 36 (ISSN 2691-4093) Published by ValleyMedia, Inc. To subscribe to MedicalTech OutlookVisit www.medicaltechoutlook.com Alex D'SouzaManaging Editoreditor@medicaltechoutlook.comThe healthcare system often interacts with a slew of equipment and devices ­ from syringes and bandages, blood pressure monitors and pregnancy testing kits, to surgical instruments, pacemakers, artificial joints, and MRI and CT scanners. The medical technology (medtech) offers more than 500,000 different types of medical devices, including wearable, implants, and stationary devices that are used to diagnose, monitor, and treat patients and are instrumental in helping healthcare organizations achieve better patient outcomes, lower health care costs, improve efficiency and new ways of engaging and empowering patients. Like most industries, in recent years, the healthcare sector has also started realizing the transformative nature of IoT technologies, as advances in computing and processing power, wireless technology, and miniaturization drive innovation in smart medical device development. According to Data Bridge Market Research, the global smart medical devices market will grow more than $21.37 billion by 2027. Smart medical devices act as a bridge between the digital and physical worlds to improve the speed and accuracy of diagnosis and treatments by monitoring patient behavior and health status in real-time. They also enhance the healthcare organization's overall operational productivity and effectiveness by streamlining clinical processes, information, and workflows. Moreover, the volumes of data generated by the smart devices create opportunities for new models of care and support 4P of medicine--predictive, preventive, personalized, and participatory.In this edition of MedTech Outlook, we include some of the players transforming the healthcare industry with innovative and smart medical devices.Let us know your thoughts!TransformingHealthcare Editorial StaffJoshua Parker Merlin WatsonJoe Philip Laura PintoSarah FernandesEDITORIAL
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