the gamut from low-tech single-use gadgets
Artificial intelligence! Machine learning! A new culture of innovation has taken root in today’s medical society. What was once thought to be the stuff of fictional movies and films is today a reality. The medical industry is going through a revolution www.cooltechnology.net of sorts and startups alongside the medical devices that they produce are at the helm of it all.
Developing healthcare devices has never been a walk in the park.
Not only is it time-consuming, but startups are typically put through a series
of rigorous procedures (as they should be) before a device is approved for sale
in the market. And even after years of research, some startups and their
offerings sometimes end up stuck in years of testing; their products never
securing the regulatory go-ahead needed from the drug authorities.
Funding has
www.e-magazine.xyz always been a huge problem in the field, with most
startups only being able to remain operational by way of grants. Unfortunately,
not many investors are keen on braving the high risk and long gestational
periods associated with med tech. Despite this resistance, however, the
supporting medical bio-network has shifted rapidly in the last decade or so,
which has given medical startups a much-needed push.
Today, medical devices run the gamut from low-tech single-use
gadgets such as the wooden sticks used in medical exams to high-end tech such
as synthetic DNA designed to be utilized for research purposes. So, how then,
is this billion-dollar industry that is currently growing at an exceedingly
rapid rate, disrupting the industry in 2020?
Portable and wearable gadgets are transforming healthcare
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