Your Medical Device is Getting Smarter and More Reliable! – Medical Device and Diagnostics Industry
While still a relatively new tool in healthcare, artificial intelligence (AI) and machine learning (ML) technologies pose immense opportunities to drive industry-wide transformational advancement. Yet, we have a long way to go as medical devices become more complex and paradigms for developing AI algorithms are not transferable from the consumer to the clinical space.
Given the promise AI and ML offer in improving patient care and the challenges facing medical device engineers face as they adapt and refine these capabilities, the conference at Medical Design and Manufacturing (MD&M) West is heavily focused on ideating powerful solutions that will advance the maturation of healthcares advanced technologies. Slated to take place April 12-14 at the Anaheim Convention Center, MD&M West runs in tandem with four other engineering trade shows WestPack, ATX West, D&M West, and Plastec West, providing attendees access to a five-in-one design and manufacturing event and the Design. Engineer. Build. conference that connects multiple verticals and industries.
With the event on the near horizon, I spoke with renowned medtech expert and prominent MD&M West speaker Siddharth Desai, president of HealthCare Evolution. We discussed industry trends and what attendees can look forward to learning in his technical and forward-looking session.
Desai: AI and ML are invading the classical new product development domain in various ways and will change the future of medical devices. AI is an interdisciplinary approach to provide intelligence in diagnosis, treatment, and post-treatment assessment of the clinical challenges. This discipline is based on the development of firmware and algorithms; the medical devices are learning and able to provide an efficient diagnosis of the desired treatments and recommend and enable the clinician/healthcare provider solutions.
These treatments are viable because of the analytical capabilities, computing power, and firmware algorithms developed by the most brilliant engineers and scientists. So, these capabilities are incorporated in the medical devices as incremental features to the base devices and are added as modules or incorporated as separate devices. The applications for the AI systems are diverse and across the entire field of healthcare: "smart implants"that assess and enhance a total knee arthroplasty and the recovery from the treatment;"smart algorithms" that improve the ability to diagnose tumors, enhance the image of malignant tumors, and enable more effective treatments in endoscopy;"smart AI powered"infusion treatments that provide efficient dosage for a specific treatment to the clinician and the pharmacists;"smart"data analytics that renders the suggested optimumtreatment to a clinician:and the patient who can use the AI reports to improve personal healthcare. AI/ML/DL is a vast opportunity and can be applied in the vast domain of healthcare.
Desai: Since the discipline is emerging, the challenges are unique to its applicability. First and foremost is the idea that a "smart machine"can replace a clinician. Working with key opinion leaders and everyday clinicians, we realize there is a certain level of skepticism. Clinicians go through multi-year training and hands-on work to get comfortable with the clinical practices. So, the adaption curve and overall success will be based on solid AI/ML/DL answers.
Secondly, the discipline must prove itself! While bold predictions can be made, the clinical space and human beings are unique, and the ability to predict the outcome at large will be a unique challenge. If the model developed by the engineers is inadequate or incorrect, the AI solutions may have serious consequences. So, in the seminar, we will discuss the critical success factors, planning for the solutions, and relevant case studies. We also define the basics of a business case to assess the opportunities.
Desai: Ours is a directly relevant session for those involved in the planning, development, and management of medical device innovation. We have a fantastic lineup of speakers who will discuss the best practices and share their experiences in medical device design and development.
The speakers will discuss and share their product design and development expertise from the entire product lifecycle, from concept to product launches. We will discuss critical aspects of development processes: capturing user inputs, detailed design and development processes and lessons learned, material selection processes, learning from world-renowned experts in TAVR development, and the essence of artificial intelligence. We will make this session an interactive, relevant, and exciting place. Our mission is to learn and share our experiences such that the attendees have a good learning experience as well as have some fun.
Desai: I have been involved in the medical device industry since 1983. Having worked for startups to large corporations, I have enjoyed being a catalyst for change. The industry has been equally kind to me; I have enjoyed success as a contributor to a leader. I feel obligated to learn and give back! Improving human lives excites me and enables me to think in the box and outside the box. It continues to challenge me to learn new things.
I am excited to share our session, my personal experiences, and meet and learn from fellow conference participants. The pandemic has had an impact on all of our lives. But, as life returns to normal due to the innovation of vaccines, the medical diagnosis industry with COVID-19 testing and facemask development is the direct contribution by our industry. We intend to share critical lessons learned, delve into innovation that is underway, and discuss the future as we can envision in 2022 and beyond.
To tune into Siddharths presentation Artificial Intelligence Platforms and Next-Gen Applications & Use Cases, register to attend MD&M West here.
Here is the original post:
Your Medical Device is Getting Smarter and More Reliable! - Medical Device and Diagnostics Industry
- Whats Next in Artificial Intelligence: Agents that can do more than chatbots - Pittsburgh Post-Gazette - February 9th, 2025 [February 9th, 2025]
- Geopolitics of artificial intelligence to be focus of major summit in Paris; AP explains - Yahoo - February 9th, 2025 [February 9th, 2025]
- Geopolitics of artificial intelligence to be focus of major summit in Paris; AP explains - The Associated Press - February 9th, 2025 [February 9th, 2025]
- 3 Top Artificial Intelligence Stocks to Buy in February - MSN - February 9th, 2025 [February 9th, 2025]
- Geopolitics of artificial intelligence to be focus of major summit in Paris; AP explains - Lufkin Daily News - February 9th, 2025 [February 9th, 2025]
- 2 of the Hottest Artificial Intelligence (AI) Stocks on the Planet Can Plunge Up to 94%, According to Select Wall Street Analysts - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- These 2 Stocks Are Leading the Data Center Artificial Intelligence (AI) Trend, but Are They Buys Right Now? - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- Book Review | Genesis: Artificial Intelligence, Hope, and the Human Spirit - LSE - February 9th, 2025 [February 9th, 2025]
- The Artificial Intelligence Action Summit In France: Maintaining The Dialogue On Global AI Regulation - Forrester - February 9th, 2025 [February 9th, 2025]
- Is prediction the next frontier for artificial intelligence? - Healthcare IT News - February 9th, 2025 [February 9th, 2025]
- The Artificial Intelligence in Medicines Market Is Set to Reach $18,119 Million | CAGR of 49.6% - openPR - February 9th, 2025 [February 9th, 2025]
- Geopolitics of artificial intelligence to be focus of major summit in Paris; AP explains - The Audubon County Advocate Journal - February 9th, 2025 [February 9th, 2025]
- Around and About with Richard McCarthy: Asking AI about itself: Will artificial intelligence ever surpass humankind? - GazetteNET - February 9th, 2025 [February 9th, 2025]
- Will the Paris artificial intelligence summit set a unified approach to AI governanceor just be another conference? - Bulletin of the Atomic... - February 9th, 2025 [February 9th, 2025]
- Apple Stock Jumps on Artificial Intelligence (AI) Driving iPhone Sales. Here's Why It's Not Getting Crushed by the DeepSeek Launch. - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- Who will win the race to Artificial General Intelligence? - The Indian Express - February 9th, 2025 [February 9th, 2025]
- Prediction: This Artificial Intelligence (AI) Chip Stock Will Win Big From DeepSeek's Feat - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- Prediction: 2 Artificial Intelligence (AI) Stocks That Will Be Worth More Than Nvidia 3 Years From Now - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- State of Louisiana Launches Innovation Brand, Announces Creation of $50 Million Growth Fund and Artificial Intelligence Research Institute - Louisiana... - February 9th, 2025 [February 9th, 2025]
- Using smart technologies and artificial intelligence in food packaging can reduce food waste - Yahoo News Canada - February 9th, 2025 [February 9th, 2025]
- BigBear.ai Wins Department of Defense Contract to Prototype Near-Peer Adversary Geopolitical Risk Analysis for Chief Digital and Artificial... - February 9th, 2025 [February 9th, 2025]
- Should Investors Change Their Artificial Intelligence (AI) Investment Strategy After the DeepSeek Launch? - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- 1 Unstoppable Artificial Intelligence (AI) Stock to Buy Before It Punches Its Ticket to the $4 Trillion Club - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- Got 10 Years and $1000? These 3 Artificial Intelligence (AI) Stocks Are Set to Soar. - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- 1 Artificial Intelligence (AI) Stock Down 33% to Buy Hand Over Fist, According to Wall Street - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- Rihanna Calls Out Use of Artificial Intelligence on Her Voice to Doctor a Clip of Her Speaking - Billboard - February 9th, 2025 [February 9th, 2025]
- 3 Best Artificial Intelligence (AI) Stocks to Buy in February - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- Buying This Top Artificial Intelligence (AI) Stock Looks Like a No-Brainer Right Now - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- Is Arm Stock a Buy After the Artificial Intelligence (AI) Chip Designer Released Its Quarterly Earnings Report? - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- Artificial Intelligence, the Academy, And A New Studia Humanitatis - Minding The Campus - February 9th, 2025 [February 9th, 2025]
- The Trump Administrations Artificial Intelligence Rollback Is a Chance to Rethink AI Policy - Ms. Magazine - February 5th, 2025 [February 5th, 2025]
- Workday layoffs: California-based company lays off 1,750 employees, 8.5% of its workforce in favor of artificial intelligence - ABC7 Los Angeles - February 5th, 2025 [February 5th, 2025]
- It can really transform lives: Navigating the ethical landscape of artificial intelligence - WKMG News 6 & ClickOrlando - February 5th, 2025 [February 5th, 2025]
- Legal Restrictions Governing Artificial Intelligence in the Workplace - Law.com - February 5th, 2025 [February 5th, 2025]
- Google drops AI weapons banwhat it means for the future of artificial intelligence - VentureBeat - February 5th, 2025 [February 5th, 2025]
- MPs to scrutinise use of artificial intelligence in the finance sector - ComputerWeekly.com - February 5th, 2025 [February 5th, 2025]
- Catalyzing Change: Innovation and Efficiency through Artificial Intelligence in Contracting - United States Army - February 5th, 2025 [February 5th, 2025]
- STSD to hear cost breakdown, address artificial intelligence in education - The Wellsboro Gazette - February 5th, 2025 [February 5th, 2025]
- OECD activities during the Artificial Intelligence (AI) Action Summit - OECD - February 5th, 2025 [February 5th, 2025]
- Tether Ventures Into Artificial Intelligence With New Application Suite - Bitcoin.com News - February 5th, 2025 [February 5th, 2025]
- Will Artificial Intelligence Kill Acting? Nicholas Cage Thinks It Could - Movieguide - February 5th, 2025 [February 5th, 2025]
- 3 Reasons to Buy This Artificial Intelligence (AI) Stock on the Dip - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- 1 No-Brainer Artificial Intelligence (AI) Stock to Buy With $35 and Hold for the Long Run - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- Google renounces its promise not to develop weapons with artificial intelligence - Mezha.Media - February 5th, 2025 [February 5th, 2025]
- DeepSeek Just Changed Generative Artificial Intelligence (AI) Forever. 2 Surprising Winners From Its Innovation. - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- FUTURE-AI: international consensus guideline for trustworthy and deployable artificial intelligence in healthcare - The BMJ - February 5th, 2025 [February 5th, 2025]
- DeepSeek Just Exposed the Biggest Flaw of the Artificial Intelligence (AI) Revolution - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- Artificial Intelligence Is Here: How The Innovative Technology Is Taking Over The Stateline - WREX.com - February 5th, 2025 [February 5th, 2025]
- The Ultimate Artificial Intelligence (AI) Stocks to Buy in 2025 - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- This Magnificent Artificial Intelligence (AI) Stock Has Shot Up Over 175% in Just 3 Months, and It Could Soar Higher in 2025 - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- Artificial intelligence is bringing nuclear power back from the dead maybe even in California - CalMatters - February 5th, 2025 [February 5th, 2025]
- Got $5,000? These Are 3 of the Cheapest Artificial Intelligence Stocks to Buy Right Now - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- Compass Capital partners with MIT Sloan School of Management on an artificial intelligence project - ZAWYA - February 5th, 2025 [February 5th, 2025]
- 3 No-Brainer Artificial Intelligence (AI) Stocks to Buy With $500 Right Now - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- Nvidia vs. Alphabet: Which Artificial Intelligence (AI) Stock Should You Buy After the Emergence of China's DeepSeek? - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- A look inside the Trump administration approach to artificial intelligence - Federal News Network - February 5th, 2025 [February 5th, 2025]
- Artificial Intelligence (AI) in Cardiology Market Industry Growth Trends: Market Forecast and Revenue Share by 2031 - openPR - February 5th, 2025 [February 5th, 2025]
- Riverhead hospital employees picket for raises, protections from artificial intelligence - RiverheadLOCAL - February 5th, 2025 [February 5th, 2025]
- 1 Wall Street Analyst Thinks This Artificial Intelligence (AI) Chip Stock Could Benefit From DeepSeek's Breakthrough - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- 1 No-Brainer Artificial Intelligence (AI) Stock That Will Crush the Market in 2025 - The Motley Fool - February 5th, 2025 [February 5th, 2025]
- 3 Artificial Intelligence (AI) Stocks That Could Deliver Stunning Returns This Year - The Motley Fool - January 27th, 2025 [January 27th, 2025]
- Trumps White House and the New Artificial Intelligence Era - The Dispatch - January 27th, 2025 [January 27th, 2025]
- Artificial intelligence confirms it - these are the jobs that will become extinct in the next 5 years - Unin Rayo - January 27th, 2025 [January 27th, 2025]
- My Top 2 Artificial Intelligence (AI) Stocks for 2025 (Hint: Nvidia Is Not One of Them) - Nasdaq - January 27th, 2025 [January 27th, 2025]
- Artificial intelligence bill passes in the Arkansas House - THV11.com KTHV - January 27th, 2025 [January 27th, 2025]
- Chen elected fellow of Association for the Advancement of Artificial Intelligence - The Source - WashU - WashU - January 27th, 2025 [January 27th, 2025]
- Nvidia Plummeted Today -- Time to Buy the Artificial Intelligence (AI) Leader's Stock? - The Motley Fool - January 27th, 2025 [January 27th, 2025]
- Super Micro Computer Plummeted Today -- Is It Time to Buy the Artificial Intelligence (AI) Stock? - The Motley Fool - January 27th, 2025 [January 27th, 2025]
- The Brief: Impact practitioners on the perils and possibilities of artificial intelligence - ImpactAlpha - January 27th, 2025 [January 27th, 2025]
- 3 Mega-Cap Artificial Intelligence (AI) Stocks Wall Street Thinks Will Soar the Most Over the Next 12 Months - sharewise - January 27th, 2025 [January 27th, 2025]
- 3 Mega-Cap Artificial Intelligence (AI) Stocks Wall Street Thinks Will Soar the Most Over the Next 12 Months - The Motley Fool - January 27th, 2025 [January 27th, 2025]
- Ask how you can do human good: artificial intelligence and the future at HKS - Harvard Kennedy School - January 27th, 2025 [January 27th, 2025]
- This Unstoppable Artificial Intelligence (AI) Stock Climbed 90% in 2024, and Its Still a Buy at Todays Price - MSN - January 27th, 2025 [January 27th, 2025]
- Nvidia Plummeted Today -- Time to Buy the Artificial Intelligence (AI) Leader's Stock? - MSN - January 27th, 2025 [January 27th, 2025]
- Artificial intelligence: key updates and developments (20 27 January) - Lexology - January 27th, 2025 [January 27th, 2025]
- Here's 1 Trillion-Dollar Artificial Intelligence (AI) Chip Stock to Buy Hand Over Fist While It's Still a Bargain - The Motley Fool - January 27th, 2025 [January 27th, 2025]
- Artificial intelligence curriculum being questioned as the future of education in Pennsylvania 'cyber charters' - Beaver County Radio - January 27th, 2025 [January 27th, 2025]
- Why Rezolve Could Be the Next Big Name in Artificial Intelligence - MarketBeat - January 27th, 2025 [January 27th, 2025]
- Artificial Intelligence Market to Hit $3819.2 Billion By 2034, US Leading the Way in Artificial Intelligence - EIN News - January 27th, 2025 [January 27th, 2025]
- President Donald Trump Just Announced Project Stargate: 3 Unstoppable Stocks That Could Profit From the Artificial Intelligence (AI) Buildout - The... - January 26th, 2025 [January 26th, 2025]