Welcome to the sixth in our series of Life Sciences and Healthcare predictions 2025.
Prediction for 2025. MedTech companies drive the future of health, focusing on transformative technology to enhance products/services and enable 4P medicine. They also use sophisticated data analytics capabilities and work closely with end users to leverage new cognitive/robotic technologies to improve outcomes. MedTech companies partner with consumer focused tech companies to benefit from their experience of brand development, customer engagement and advanced analytics. Many have also become ‘Software as a Service’ providers, targeting preventative care at specific patient groups. Companion diagnostics have become a crucial tool for personalising patient therapy with MedTech playing a major role in driving value-based health care.
The world in 2025
Conquered constraints in 2025
A snapshot of a patient in 2025: How recent technology developments streamline stroke care and dramatically improve outcomes
Mike is at high risk of having a stroke, so he and his wife attended an online support session on recognising a stroke. Some days later, his wife noticed he was slurring his speech and one side of his face had sagged. She immediately called 999 and a specialised stroke ambulance (fitted with 5G-enabled video communication, monitoring and consultation technology) was dispatched.
Once Mike was on board, paramedic Alex confirmed the likelihood of a stroke using a new smart camera ML-algorithm. Using the ambulance’s video, Alex shared the results and a mobile CT scan with a stroke consultant who confirmed an Ischemic stroke. Under supervision, Alex administered a clot-busting intravenous thrombolytic drug.
A cerebral angiogram at the hospital confirmed no further clots and Mike was discharged 2 days later with a set of RPM tools to support his rehabilitation.
Evidence in 2020
How COVID-19 has accelerated this prediction
Deloitte’s view
The pandemic has accelerated peoples use of MedTech devices to record their behaviour, get an online diagnosis, and manage their health more efficiently (all while at home).
Virtual consultation technologies have been scaled dramatically to help HCPs diagnose, monitor and care for patients remotely (and reduce the risk of infection). Wearable tech, for example, provides patients, carers and HCPs with invaluable real-time data about a patient’s activity and vital signs.
The IoMT has also played a crucial role in ‘test, track and trace’ by creating a virtual perimeter using GPS, RFID, Wi-Fi, Bluetooth and cellular network. AI-enabled MRI, CT scanners and IVD tests have also increased the accuracy/speed of diagnoses.
Critical care patient monitoring
To help support the care of COVID-19 patients, Philips has an array of solutions, including secure, connected and intelligent approaches to diagnosis, treatment and predictive monitoring in hospitals, plus screening, RPM and care at home. In June 2020, Philips received Emergency Use Authorisation (EUA) from the FDA for it’s IntelliVue Patient Monitors and Active Displays, for use during the COVID-19 health emergency. These solutions support infection-control protocols and provide critical patient information remotely when caring for hospitalised COVID-19 patients. Updated features, include enhancements to monitor and assess clinical and network device performance, and additional functionalities to strengthen cybersecurity.
Explore more
Our series of ten predictions for the life sciences and healthcare industry looks ahead to the year 2025 to help you see what’s coming and to keep your organisation moving forward.
Browse the predictions series, subscribe and listen to our podcast, and watch our webinar on demand to find out more.
If you would like to discuss any of the points raised in our predictions, please do contact one of our specialists listed below.