This is an exciting time for health innovation. Yes. We face real challenges meeting our healthcare needs due to factors such as an aging population, a shortage of healthcare professionals, and the rise of non-communicable diseases. But we also see the potential for multiple technology disciplines to come together in ways that benefit patients. Healthcare is changing, and Europe could be at the center of this change.
There is one patent every 30 minutes. The pace of development in the medical technology field is as follows. Devices, diagnostics, data and digital health: The power of medical technology has the potential to redefine how healthcare is delivered. Through existing solutions and upcoming medical innovations that are not yet fully available in Europe, Europe can improve and save lives. It can also advance our healthcare system in a more sustainable direction.
There is one patient every 30 minutes. The pace of development in the medical technology field is as follows.
That is the power of medical technology. For patients, this leads to better outcomes. Consider how remote monitoring can help people feel safe even while away from the hospital. how advances in surgery accelerate recovery; How timely diagnosis promotes prompt treatment that increases not only survival but also quality of life.
With long-established healthcare solutions and exciting innovations on the horizon, healthcare technology can provide solutions for patients, healthcare professionals, and healthcare systems. By supporting the development and launch of more medical technologies here in Europe, people can expect fast and equitable access to cutting-edge medical technologies.
The medical technology industry is one of the most innovative sectors in Europe, adding value to people’s lives and health systems, while creating jobs and driving exports. Europe’s 37,000 medtech companies, 90% of which are small and medium-sized enterprises, invest heavily in innovation and employ more than 880,000 people. For context, this is equivalent to the population of Zagreb.
These companies offer a variety of everyday solutions such as bandages, syringes, and surgical masks, as well as cutting-edge technologies such as genetic testing, implantable heart valves, and pacemakers, and a variety of digital health solutions. Many patients who receive health care at home, in the community, or in a hospital are likely to encounter multiple medical technologies during their travels.
In fact, chances are you and your family have benefited from some of these products. Sometimes we use these tools without giving a second thought to how they were developed. Or doctors, nurses, and pharmacists use their power to improve care in ways we don’t see, whether in the lab or the operating room.
The medical technology industry is one of the most innovative sectors in Europe, adding value to people’s lives and health systems, while creating jobs and driving exports.
The power of medical technology comes from the millions of ways, big and small, that people across Europe engage with it. It’s about the power of movement, the power of data, the power of protection, the power of independence, and how this power can bring efficiency to our precious health care system.
Health is also the answer to increasing Europe’s competitiveness
Strengthening Europe’s competitiveness is on everyone’s lips. Remember that better health, beyond providing enormous social benefits, also boosts economic growth by increasing productivity. Health as an investment in economic growth must be part of current political discussions as the way forward.
Remember that better health, beyond providing enormous social benefits, also boosts economic growth by increasing productivity.
Innovation continues to be important in addressing diseases for which there are no known cures and increasing understanding and adherence to interventions that deliver positive patient outcomes. Health is part of the answer to making Europe more competitive.
Europe now has five years to put patients at the center of the conversation and harness the wave of new technologies to deliver a bright, healthy future – a future where our healthcare systems can meet the immediate and long-term needs of our populations by: This is left. Resilient to future shocks over the long term.
We have an unprecedented opportunity to build better, safer and more sustainable health care. Let’s take it together.
Looking for more inspiration?
check it out #The power of medical technology
Take a look at MedTech Europe’s manifesto Empowering Patients, Inspiring Innovation
