Innovations are vital to the development of medical science and improvements to patient care, and the medical technology sector is key to this continuous progression. Defined by the World Health Organization (WHO) as “the application of organised knowledge and skills in the form of devices, medicines, vaccines, procedures, and systems developed to solve a health problem and improve quality of lives.” Medical technology has grown rapidly over recent years and was a standout feature at MEDICA 2018. The EMJ team have provided you with a breakdown of where the key medical technological players can be found, the fields they work in, and which companies are set to become gold medal winners in the sector in the coming years.
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References
GlobalNewswire. MedTech Innovator Announces 50 Leading Startups Selected for 2018 Showcase and Accelerator. Available at: https://globenewswire.com/news-release/2018/06/12/1520612/0/en/MedTech-Innovator-Announces-50-Leading-Startups-Selected-for-2018-Showcase-and-Accelerator.html. Last accessed: 02 January 2019.
MEDICA. MEDICA start-up park. Available at: https://www.medica-tradefair.com/cgi-bin/md_medica/lib/pub/tt.cgi/MEDICA_START-UP_PARK.html?oid=85000&lang=2&ticket=g_u_e_s_t. Last accessed: 02 January 2019.
Healthcare weekly. 31 Best Healthcare Startups to Watch in 2019. Available at: https://healthcareweekly.com/best-healthcare-startups-to-watch-for-in-2018/. Last accessed: 02 January 2019.
Silicon Republic. 20 of Europe’s top health and medtech start-ups. Available at: https://www.siliconrepublic.com/innovation/health-medtech-startups-europe-2018. Last accessed: 02 January 2019.
Statista. Projected top 10 companies by medical technology revenue in 2024 (in billion U.S. dollars). Available at: https://www.statista.com/statistics/309291/top-ten-medical-technology-companies-by-revenue-prediction/. Last accessed: 02 January 2019.
European Patent Office. Statistics. Available at: https://www.epo.org/about-us/annual-reports-statistics/statistics.html#applications. Last accessed: 02 January 2019.
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