December 13-15, 2018

MedTech Impact 2018

Venetian/Palazzo Resort

Las Vegas, NV

(561) 893-8633

info@medtechimpact.com

Tag Archives: Medical Innovation

Second MedTech Impact Expo & Conference reinforced critical connection between technology and healthcare

The second MedTech Impact Expo and Conference took place from December 15-16, co-located with the A4M/MMI 25th Annual World Congress. The event focused on assisting healthcare practitioners and professionals to better serve their patients through the use of medical technology and devices, while understanding the transformative effects of newly developed products and equipment. Speakers and sessions educated attendees on groundbreaking scientific research and education, supplemented by the most progressive equipment and medical technology.

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The Cost of Chronic Disease

The primary issue that consumes the majority of the burden of healthcare costs in the United States is preventable chronic disease: while the most prevalent health conditions are simultaneously the most avoidable, they continue to cost the country’s budget billions of dollars. While overall numbers have decreased since 2010, when chronic disease cost the U.S. a total of $315 billion, morbid obesity rates have continued to rapidly spike—a condition that leads to a range of critical health issues including heart disease, diabetes, and stroke.

Primary care providers have long faced the struggle of determining how to implement best practice care for patients diagnosed with chronic diseases. Recent studies indicate that almost half of the entire U.S. population has at least one chronic health condition—including heart disease, cancer, diabetes, obesity, or arthritis. Statistics designate these health care treatments costs to account for 86% of cumulative national healthcare spending, and the CDC reports that chronic conditions are the leading causes of death and disability in the country.

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A Miracle Medical Chip: Devices that Heal

Researchers at Ohio State University have taken the first step in creating a medical chip that could ultimately heal almost any injury or disease.

The development of a small, dime-sized silicone device—known as Tissue Nanotransfection (TNT)—uses nanotechnology to actively reprogram a person’s cellular makeup. By simply placing the chip on a wound, the device sends an electrical pulse designed to convert living cells into whatever necessary cells the body requires. The pulse “opens a small window into the cell,” allowing the chip to transmit an entirely new genetic code. Moreover, the entire process takes less than one second.

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FDA Encourages Development of Medical Technology

The Food and Drug Administration has recently announced a program that actively encourages the development of medical digital technology, including wireless wearables and applications that can monitor blood pressure and heart rate, track intake of calories, and measure physical activity.

The program is designed to give pre-clearance to developers working on digital health products, as the approval process for apps sometimes includes burdensome regulations, which can increase costs and limit innovation: the FDA hopes to reduce development costs and give entrepreneurs increased opportunities to develop products.

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