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Healthcare today cannot be separated from technology. The industry presents one of the fastest advancements, in all specialisations, including in medical software solutions and devices. At the center of it all, technology fuels the heartbeat of healthcare transformation.
In medical software solutions, precision and efficiency are paramount. Medical institutions optimize their operations and improve overall service quality. The synergy between hardware – medical devices – and medical software is at the core of patient-centric care delivery.
We analyzed three novel perspectives on medical software solutions that will impact software development and the medical devices industry in 2024.
In healthcare, IoT devices form an H-IoT system, able to collect and analyze a considerable amount of bio-medical data.
When combining IoT devices with advanced machine learning (ML) algorithms, big data will become a vital part of the health systems in diagnosis, treatment, and decision-making. Furthermore, adding generative AI and telemedicine will lead to more accurate diagnoses, increased patient involvement, and better health results. The enhanced H-IoT systems benefits include:
In medical software solutions, a pivotal shift is underway towards seamlessly integrating hardware and software within digital health ecosystems. This convergence heralds a new era of interconnected healthcare technologies, where data flows effortlessly between devices and systems. By bridging the gap between physical tools and virtual platforms, companies are paving the way for more efficient information management and holistic patient support.
Security in healthcare is a continuous challenge. 2022 and 2023 saw record-breaking data breach intensity, with over 540 organizations and 112 million people impacted by healthcare data breaches. Meanwhile, 590 organizations and 48.6 million were affected in 2022.
Beyond the security concerns related to digital platforms and data violations, cyber devices, and connected systems are secured. In September 2023, the FDA issued the guidance titled Cybersecurity in Medical Devices: Quality System Considerations and Content of Premarket Submissions. The US regulatory body will require cybersecurity information for “cyber devices,” and manufacturers must demonstrate that devices and systems are “cybersecure.”
The VUCA times (volatility, uncertainty, complexity, and ambiguity) also impact the MedTech industry. Facing constant, unpredictable change, industry players must reimagine R&D to drive sustainable growth, as a recent McKinsey study states. R&D excellence and software innovation are foundational for business growth in MedTech. Software can be an essential driver of growth, but it will require shifting to product development approaches and making operating models function, resembling one of the software companies. One valuable approach is finding an R & D and software partner, like AROBS, with extensive expertise in medical software solutions. The same study explained that bringing hardware and software together into digital health ecosystems is a valuable business model for market dominance.
Despite challenges posed by generative AI and cybersecurity threats, the uncompromising development in this field promises enhanced patient outcomes and streamlined operations. With a strong focus on bridging hardware and software functionalities, this dynamic landscape will continue to show potential for transformative impact and growth. Business leadership in this industry means technological leadership, and partnering with AROBS for medical software solutions and hardware systems will lead toward the necessary competitive edge.
Read more about our 20+ years expertise in healthcare & medical software solutions here.
