Medical Device Trends for 2024 and Beyond

With the rapid development of new prototypes and changing consumer perceptions of healthcare, the medical device market is experiencing significant growth.  According to recent market research, the industry is projected to grow annually by 5.2% from 2023 to 2030, reaching a global market value of $850 billion.  Below, we explore some of the medical device […]

New Developments in Internet of Things (IoT) – Connected Medical Devices and Plastic Assembly – 2023

The fourth industrial revolution holds considerable promise for the internet of medical things (IoMT) and the plastic assembly industry. Currently, the IoMT focuses on infection tracking, automation of manual processes, and leveraging healthcare data to meet improved patient outcomes. In 2023, medical device manufacturers will begin leveraging analytics, artificial intelligence, cloud, automation, and big data to drive […]