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More than 500,000 different types of medical devices are manufactured by MedTech companies, including wearable external medical devices (insulin pumps, skin patches, and blood glucose monitors), implanted medical devices, and stationary medical devices (home monitoring devices, connected imaging devices, and scanning machines). Medical equipment and gadgets are used in the majority of patient contacts with the health care system. The increase in the number of linked medical devices, together with advancements in the systems and software that facilitate the gathering and transfer of medical-grade data, as well as networking technologies and services, has resulted on the Internet of Medical Things (IoMT).
The rise of the IoMT comes at a time when health care is becoming more expensive, with global health care spending expected to increase by 4.2 percent per year, from $7.1 trillion in 2015 to $8.7 trillion by 2020, owing largely to a growing and aging population, with more people living longer but with multiple maladies. The IoMT comes along with a crucial role to play when it comes to the quality and efficiency of care supporting the shift to value-based care (VBC).
The newest advances in IoMT for 2022 are:
To know more about cybersecurity in IoMT, you can visit IoMT and Medical Device Cybersecurity.
These revolutions began with the development of the internet and have transformed technology and society for the past 30 years. IoT technologies are rapidly aiding the health care industry, as developments in processing power, wireless technology, and miniaturization drive innovation in linked medical device development.
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