- Invisible radar a boost for defence
- Lighting event part of Sydney’s Vivid
- RF switches for an array of applications
- Is a legal dispute with Apple costing chip maker Qualcomm?
AS HEALTHCARE and ICT industries converge, there will be major growth for the global medical device market, reaching US$539.5 billion in 2020, says TrendForce.
According to the market researchers, the medical device industry has huge growth potential due to advances in information communication technology (ICT), which enhance the capabilities of the devices. Additionally, smart systems, electronic medical records and medical Internet of Things will transform the fundamentals of the medical device industry.
The integration of ICT and healthcare will create solutions outside the confines of traditional hospitals and clinics, allowing even greater roles to be played by home healthcare devices, wearable medical devices, and telehealth.
According to TrendForce, the scale of the telehealth market will exceed US$7 billion by 2020. In addition to the expansion of applications, the convergence of ICT and medical device industries will also result in cross-sector innovations, where information technology, advanced materials, precision manufacturing, optoelectronics and imaging technology cross into the medical sector. This will yield new developments in healthcare products and services, including medical imaging, clinical medical electronics and minimally invasive surgery.
Furthermore, the merging of healthcare and ICT industries will generate solutions that will give patients instant and convenient access to healthcare services, including affordable, user-friendly products that offer multiple functions in one device.