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The importance of Medical Technology

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Petros Giorgos
The importance of Medical Technology

Medical technology defines any technology used to preserve the health of people suffering from a wide range of diseases. Of course, nothing can beat the unique health properties proper nutrition can give to the body (Here comes the term nutrition technology - eg green juices). Unlike pharmaceutical technology that focuses mainly on treatment, medical technology contributes effectively to the diagnosis, monitoring, and treatment of almost every disease or condition that affects our health.

Since pharmacology products are understood as medical devices, the correct separation is that medicinal products affect chemicals or metabolize the body, while medical devices have mechanical action such as simple patches healing ulcers, syringes, thermometers or protective gloves, wheelchairs, hearing aids. Diagnostic machines such as ultrasounds, CT and MRI scans, implantable materials such as artificial cardiac valves, pacemakers, vascular grafts and articles of arthroplasty belong to the same category.

In recent years computer technology has given a unique boost to medical technology both in the observance, analysis and immediate processing of a huge amount of medical data, as well as in solutions using "smart" devices with built-in sensors and installed integrated medical algorithms, revealing impressive possibilities with so-called Computational Biomedicine, and introducing new dimensions to medicine with so-called collaborative care.

 

Today there are 500,000 medical devices registered in order to improve or extend human life, with the common denominator of the beneficial effect on health and quality of life. They make a decisive contribution to living longer, better and empowering citizens to contribute to society dynamically for longer, while also contributing to the sustainability of healthcare systems.

 

Medical technology is an important factor in the EU economy, employing over 650,000 executives in high-quality jobs, while the size of the market is estimated at around €110 billion.

 

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Petros Giorgos
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