Medical technology, or “medtech”, covers a wide range of health care products and is used to treat diseases and medical conditions that affect humans. These technologies are aimed at improving the quality of health care delivered through an earlier diagnosis, less invasive treatment options and the reduction of hospital stays and rehabilitation times. Recent advances in medical technology have also focused on cost reduction. Medical technology can widely include medical devices, information technology, biotechnology and health care services.The impacts of medical technology involve social and ethical problems. For example, doctors can search for objective information about the technology instead of reading subjective reports from the patient.
An important driver of the growth of the sector is the consumerization of Medtech. Supported by the wide availability of smartphones and tablets, providers can reach a large audience at low cost, a trend that will be consolidated as portable technologies spread throughout the market.
In the last 5 years until the end of 2015, risk financing has grown by 200%, allowing US $ 11.7 billion to flow into health technology businesses from more than 30,000 investors in the space. Over-reliance on the use of technology at every step of the treatment process can generate serious financial burdens for families and individuals.
Companies like Surgical Theater provide a new technology capable of capturing 3D virtual images of patients’ brains to use as practice for operations. 3D printing allows medical companies to produce prototypes to practice before an operation created with artificial tissue.
Medical virtual reality provides doctors with multiple surgical scenarios that could happen and allows them to practice and prepare for these situations. It also allows medical students a practical experience of different procedures without the consequences of making possible mistakes. ORamaVR is one of the leading companies that employs virtual reality medical technologies to transform medical education (knowledge) and training to improve patient outcomes, reduce surgical errors and training time, and democratize medical education and education. training.