The spaces between MedTech, HealthTech, LifestyleTech (which we are loosely calling 'BodyTech' – and if we've invented a new vertical, we'll take the credit), are increasingly blurred, both in terms of what the devices do and how they are regulated. The legal issues are, however, very similar and involve the familiar tension between regulation and innovation.
Every industry is affected by advances in technology including artificial intelligence, robotics and the Internet of Things. The medical and healthcare sectors are no exception, and digital health innovation is progressing at a rapid pace. The growing market of the Internet of Medical Things (IoMT)) and BodyTech/wearable devices is likely to have a significant impact on the product liability regime.
更多The borderline between medical devices and wellbeing/lifestyle apps has become thinner with advances in technology and increased public demand for apps that track our physiological functions, remind us when to take medication or help to improve our health and wellbeing.
更多With some creativity and a bit of know-how, nearly any industry can set foot into the technology world and add a 'tech' suffix to the sector name: fintech, fashtech, proptech, edtech – and, of course, the health and welfare industry is also realising the benefits of intersecting health, fitness, medicine and the mind with technology, leading to a raft of new tech verticals.
更多When talking about developments in medical research and treatment it has become customary to hear expressions such as "break-through", "revolution", "new paradigm" and "game-changer". Indeed, from the post-war generation onwards, the developed world has been treated to a series of advances in medical technology.
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