Medical Design Briefs - February 2022 - 2

FROM
THE EDITOR
REPORT: Artificial Intelligence to
Dominate Healthcare in 2022
This year is shaping up to be a breakthrough
year for all things digital in
medical technology. Digital health,
mHealth, wearables, artificial intelligence
(AI) and machine learning, and telehealth
are dominating the device landscape
for 2022 and beyond. For more
details on how these technologies will
play out, see the article " 2022 Technology
Trends: Digital Health Marks the Future
of Medical Development " on page 4.
AI, in particular, will play a role in
many aspects of healthcare. In its latest
report, " Tech, Media & Telecoms
Predictions
2022
-
Thematic
Research, " data and analytics company
GlobalData predicts that AI will be a
key driver of healthcare innovation
and industry disruption in 2002. The
report points out that digital and virtual
tools will help to address the de -
mand for better patient care and,
although medical robotics hold promise,
high investment will prevent quick
adoption.
" AI has the potential to revolutionize the
healthcare industry, supporting the shortening
of drug-discovery timelines, the successful
repurposing of existing drugs to
fight COVID-19, the enhancing of remote
patient monitoring tools, the improving of
supply chain efficiency, and the modernization
of the outdated clinical trial model
through improving trial design, patient
recruitment, and patient retention, " says
Jemima Walker, analyst in the Thematic
Research team at GlobalData.
" The tech has already got companies
talking, as mentions of 'AI' within healthcare,
pharma, and medical device company
filings increased by over 50 percent,
from 700 in 2018 to 1,100 in 2021, according
to GlobalData's Filings Analytics
Database, " she says. " As more businesses
realize the potential of incorporating AI
into their day-to-day operations, the
healthcare segment of the AI platforms
market is set for growth, with GlobalData
forecasts predicting a rise from $1.6 billion
in 2019 to $5.7 billion in 2025.
She does note that regulation surrounding
AI will play a role in its development.
" Regulation around the use of AI in
ROBOTIC END-EFFECTORS
healthtech, particularly for medical
devices, is still in development. The EU's
plans for additional more stringent
requirements in 2022 will lead to large
penalties for those that do not comply,
and smaller companies will be prevented
from entering the market entirely. "
Still, AI is likely to be a catalyst for a paradigm
shift in healthcare.
Cyrus Mewawalla, head of thematic
research at GlobalData, notes that the business
world has bifurcated into two streams:
the tech-enabled and the tech-disabled.
" The winners have invested heavily in nextgeneration
technology. The losers feel they
don't have to, " he says. " The successful
companies of tomorrow spend every
minute monitoring how technology,
media, and telecom themes will play out. "
Digital and virtual tools will advance
many healthcare services, including chronic
pain management, stroke rehabilitation,
opioid addiction therapy, and much more.
Sherrie Trigg
Editor and Director of Medical Content
For a copy of the report, go to
https://bit.ly/AI-2022-predictions.
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Medical Design Briefs, February 2022
https://www.bit.ly/AI-2022-predictions http://info.hotims.com/82318-718
Medical Design Briefs - February 2022

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