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3 Medical Innovations Investors Are Backing

When in an industry as essential as healthcare, you always feel the need to satisfy the needs of each patient you work with. As time and technology advanced through the years, many medical specialists have partnered with investors who funded some of the most commonly used medical devices in the market.

The need for more and more innovative equipment will keep on arising as long as doctors and technology continue getting smarter simultaneously. It’s been seen in many instances that only one individual could change the course of an industry as a whole with a good idea converted to reality.

As the consumer of medical services, most should be satisfied with the effort, time, and money the healthcare sector invested in assuring the safety of patients. Medical institutions saw some of their busiest times with the novel coronavirus pandemic, which most organizations overcame and assisted their neighborhoods. It was only possible by funding, technology, and countless hours of tiring hours from dedicated frontline workers. This article will look at three tech-driven innovations up and coming in the healthcare industry.

Lab on a Chip

During the covid-19 pandemic, one colossal problem healthcare faced was the time it took to identify positive individuals. The process was just too long, and researchers at Stanford University developed a device they call “a lab on a chip” founded on CRISPR enzyme Cas12. The device is merely half the size of a credit card and contains an extensive network of channels individually more diminutive than a human hair; this device can deliver covid-19 test results in less than 30 minutes. This device is a game-changer in the fight against the covid-19 pandemic; the faster the test, the better the response.

Wearable Devices

According to Fitbit, they sold and distributed more than 9 million of their devices in 2019 alone; this proves that wearable devices are slowly but surely becoming the norm. In recent years, studies have shown that wearable tech isn’t only for the active; it can help various individuals in various circumstances. The most recent is wearable tech for diabetes patients; wearable continuous glucose monitors (CGMs) are fast-tracking their way to millions of individuals. This development and resources are only possible because of much-needed funding from institutions assisting with healthcare capital. Together with medical institutions, investors convert dreams into reality and save lives.

Nanomedicine

Nanomedicine is a section of medicine that utilizes the knowledge and instruments of nanotechnology to prevent and treat diseases. Nanomedicine includes the use of nanoscale substances, such as biocompatible nanoparticles and nanorobots, for diagnosing, delivering, and sensing purposes in a living organism. According to research, we are finding new ways to utilize nanomedicine to target individual cells. They also suggest that this research will be more than just research as it will be trialed in 2021.

These are only some of the latest and newest forms of technology the healthcare sector has to offer. The right businesses working together might be something that adds enormous value to industries and medical institutions alike.

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