Healthcare systems worldwide face increased challenges, including increasing costs, lack of working staff, and long waiting lists considering that healthcare expenditure consumes a large portion of the country's GDP. For example, in 2015, healthcare presented 16.8% of the United States GDP, 9.8% of the UK's GDP, and 11.5% of France's GDP. The problem is even […]
Why Digital Healthcare Innovation is Important
Digital healthcare innovation is an opportunity for the healthcare systems to overcome many of the challenges that face this sector in both developed and underdeveloped countries–think about the long waiting lists and the quality of the provided service. as we explored in Four Reasons to Expand Mobile Technology Usage in Medical Innovation business models, we […]
Why is Medical Technology Innovation so Hard?
Medical technology innovation has dramatically expanded, especially during the COVID-19 lockdown. Mobile apps were used to track and trace to spread of the pandemic, and video chatting apps replace physical doctor appointments. This extent highlighted several medical technology benefits for the healthcare system, such as noninvasive treatments, accessible services and patient-centric solutions. Unlike pharmaceutical or […]