What innovations are shaking up the US medical device market?

It’s a good time to be working in medical sales. This sector is at the peak of expansion with several innovations shaking up markets globally, the US included. Professionals in this field can expect new, exciting opportunities as we weave interesting paths to improved patient care. According to Fortune Business Insights, the US medical device market is projected to grow at a CAGR of 5.4%, reaching a worth of 255.14 billion by 2029. This steady growth highlights the strength of the market, helping to establish it as a stable career option for healthcare professionals.

But don’t just take our word for it. Investigate recent products that are shaking up the US medical device market for a glimpse into what lies ahead. To get you started, we’ll feature our favorite innovations below.

Virtual reality

Virtual reality isn’t new, but the future will see it being increasingly used to treat several illnesses and conditions, including autism, stress, dementia, and anxiety. Some doctors are even turning to virtual reality devices and software for effective pain management. The concept is to change a patient’s thoughts and perceptions around pain. A study by Harvard Health Medical School found that pain levels were reduced by more than half in 46% of a group of 90 participants using virtual reality devices.

Virtually reality is also gradually being used to train medical professionals, allowing them to be transported into the human body for a humane, in-depth study. But what’s more exhilarating is that there’s still massive, uncovered potential for these medical devices. Focus areas for future medical advancements include preventive healthcare, rehabilitation, and cancer therapy.

Internet of Medical Things (IoMT)

Internet of Medical Things (IoMT) supports a variety of medical devices that connect to the internet or private networks to fulfil a purpose. Several new devices are, therefore, being developed with Wi-Fi integration to process the machine-to-machine communication. This remote monitoring collects and monitors patient data in real time, sharing updates with care providers to optimize patient care.

As IoMT devices and apps are developed and improved, healthcare systems will reap the benefits of improved operational efficiency, lower medical costs, and more efficient and effective solutions for patients. Research by Spyglass Consulting Group found that 88% of healthcare providers have already invested in IoMT technology due to its high coherence.

AI and more robots

Robots are already being used in several global healthcare centers globally, including assisting doctors with surgeries. As this AI improves, more robots will be developed to help meet the demand of healthcare challenges. From early detection of illnesses and conditions to forming accurate diagnosis, robots will expedite treatments and save more lives. An example of a medical robot is the CyberKnife. This robotic surgery system delivers radiation therapy to tumors with sub-millimeter precision. The AI machine is slowly being introduced to hospitals and cancer treatment centers across the US, helping to treat and remove tumors in the body that where previously too complex to reach without damaging surrounding tissue or organs.

Find a job that takes you to the forefront of medical sales

It is clear that medical sales is an exciting and lucrative career to pursue. IQVIA steps in as a solution to help you source the best opportunities, setting you up with the most promising medical sales roles in the industry.

Through diligent networking, decades of experience, and a passion for healthcare, our team can assist with career progression on multiple levels. Browse our medical device sales jobs now or sign up for job alerts and be the first to learn about healthcare jobs as they become available. Looking for more insight? Read: Which are the best states to take your pharmaceutical sales rep career?

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