General media can often overlook the innovations that take place in medicine every day. However, the advancements in the biotech and Pharma industries mean that significant investment is being put into developing treatments, care, and research to improve success rates for even the most robust diseases.
These innovations will influence the next generation, and as we advance and seek out new opportunities to improve the sector, more developments will come to the forefront.
There have been some ground-breaking progressions in the past decade, so let’s take a look at where 2020 and the next ten years will take us.
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Artificial Intelligence (AI)
This technology is becoming household technology in its own right. The number of industries using this advancement is significant, as it makes processes faster and more accurate. In medicine, a similar precedent is used to implement new and effective drugs and medicines to individuals. It’s also used in research areas to harvest data more accurately, and integrate information on a more detailed spectrum. Artificial Intelligence will continue to develop in the coming years, and this is often described as the tip of the iceberg in what it could achieve in this sector.
Precision care and treatments
Applying individual treatments and care packages to patients is often a top priority for physicians. However, it is not always possible due to the complexes in diseases and variations in body reactivity. The innovations in this area have lead to some breakthroughs in treating cases with the developments of mRNA therapeutics selective drugs. This type of treatment allows medical professionals to give patients specific medicines to target the exact problem area. Previously other healthy cells may have been affected by generic therapies, but this helps to alleviate this issue and offers a more successful solution.
Virtual Reality (VR)
Virtual reality has been around for some time. Although many people associate it with the gaming industry, it is now making headway in the medical sector. Virtual reality offers a real-life experience, and this is aiding students in the field of medicine. These tools have been developed to give a greater understanding of how the anatomy works. Plus, medical students will have a visual study aid to enable them to carry out real-life scenarios such as diagnosis and preparation for surgery. This technology has also been going a step further in the treatment process by helping to rehabilitate people and improve recovery times.
Cloud ERP for medical companies
Cloud ERP is a technological trend that is revolutionizing pharma and medical companies. This system can support multi-location and multi-currency organizations with complete compliance. As companies have to come together more fluidly in this sector, cloud-based processes are able to handle everything from material purchases, financial transactions, quality control, and analytics in one central hub.
Some of the other significant trends to come this year include:
• Phenotypic Screening
• Bio-printing and 3D printing
• Wireless brain sensors
• Advanced gene-editing technology
The medical profession is changing all the time, and with recent global health issues being a prevalent topic, innovations are being ramped up to support world health concerns.
