Development in medical technology (MedTech) has seen
steady growth for at least the past decade. This growth has been
driven in part by the ageing population and the need for technical
solutions to ease the pressure on struggling healthcare systems
around the world. Healthcare, health monitoring and treatment are
now moving away from traditional realms where a patient is seen by
a medical professional. Instead, new, innovative and cost-effective
solutions are needed to supplement the more traditional solutions
in order to meet the growing demand.
In our latest Analytics update, Andrew
Flaxman from Haseltine Lake Kempner's IP Analytics team
looks at patent data in the MedTech field and considers
where the future might lie for MedTech companies.