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Medical Device Predictions 2023 - Thematic Intelligence

Publisher GlobalData
Published Dec 21, 2022
Length 33 Pages
SKU # GBDT17643524

Description

Medical Device Predictions 2023 - Thematic Intelligence

Summary

In this report, we identify the top 10 themes that will impact the medical devices industry in 2023. For each theme, we offer a series of predictions, identify winners and losers, and point you to further reading.

Our top 10 themes for 2023

We classify our top 10 themes for 2023 into three groupings. The major technology themes impacting the medical devices industry will be artificial intelligence (AI), cybersecurity, robotics, wearable tech, and cloud computing.

The major macroeconomic themes impacting the medical devices industry in 2023 will be environmental, social, and governance (ESG), China, and regulations in medical devices.

The major industry themes impacting the medical devices industry in 2023 are remote patient monitoring and precision medicine.

Scope
  • This report is a thematic brief, which identifies those companies most likely to succeed in a world filled with disruptive threats. Inside, we predict how each theme will evolve and identify the leading and disrupting companies.
  • The report covers the medical device predictions for 2023.
Reasons to Buy
  • GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
  • Develop and design your corporate strategies through an in-house expert analysis of medical device predictions 2023 by understanding the primary ways in which these themes are impacting the medical devices industry.
  • Stay up to date on the industry’s major players and where they sit in the value chain.
  • Identify emerging industry trends to gain a competitive advantage.

Table of Contents

33 Pages
Executive Summary
ESG
Governments will crack down on greenwashing in 2023
Businesses will become accountable for their Scope 3 emissions
Medical device companies will be pressured to act on environmental sustainability
Winners and losers
Further reading
Artificial Intelligence
The AI industry will be worth $93 billion in 2023, up 12% from 2022
The urgent need for AI transparency will lead to a growing emphasis on XAI
New and updated AI regulations will emerge but remain toothless
AI will become a key driver of medical device innovation
AI will continue to help in the fight against COVID-19
Winners and losers
Further reading
China
China will double down in its pursuit of 70% self-sufficiency in chips by 2025
Talent cultivation and domestic innovation will be crucial for technological progress
China’s medical device sector will continue to grow
China will see more domestic medical device companies
The easing of zero-COVID will be too little too late
Winners and losers
Further reading
Cybersecurity
Cyber professionals are reaching breaking point
Organizations will prioritize zero-trust capabilities in 2023
AI will be the hallmark of a major attack in 2023
Focus on cybersecurity for remote patient monitoring and legacy devices
Winners and losers
Further reading
Robotics
Macroeconomic factors will drive healthcare’s use of robotics
Robotics will help resolve the challenge of staff and skill shortages
Medical robots will tackle the growing demand from aging populations
Winners and losers
Further reading
Remote Patient Monitoring
Increasing acceptance of remote patient monitoring will increase market value
More specialty mobile health apps
Digital therapeutics will be the next form of remote treatment
Winners and losers
Further reading
Wearable Tech
Wearable tech will grow to $54.4 billion to meet the need for remote patient care
Moving to consumer-led healthcare
Use of wearables in clinical research
Smart clothing will gain popularity
A need for disease-specific devices
Winners and losers
Further reading
Precision Medicine
Increase in genetic testing
Precision medicine and autoimmune disorders
Personalized medicine enabled by AI will shape the future of healthcare
Winners and losers
Further reading
Cloud Computing
The global cloud computing market will be worth $734 billion by the end of 2023
Cloud servers will become more sustainable
Increased adoption of serverless clouds will increase demand for cloud orchestration
Increased adoption of cloud computing in medical devices
Winners and losers
Further reading
Regulations in Medical Devices
Medical device regulations hindering digital health innovation
New regulations needed to keep up with the digitalization of healthcare
Improved post-market surveillance
Winners and losers
Further reading
Glossary
Further Reading
GlobalData reports
Our thematic research methodology
About GlobalData
Contact Us
List of Tables
Table 1: Glossary
Table 2: GlobalData reports
List of Figures
Figure 1:ESG
Figure 2: Cybersecurity
Figure 3: Robotics
Figure 4: Remote Patient Monitoring
Figure 5: Our five-step approach for generating a sector scorecard

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