How AI in Medtech is Changing the Industry

AI is no longer a futuristic concept, but rather a present and active force reshaping industries across the globe, and medtech is no exception. From surgery and personalized treatment plans to advanced data collection, AI is revolutionizing how healthcare technology is developed, delivered, and utilized. As medical devices and software become smarter and more connected, the integration of AI is unlocking new levels of efficiency, accuracy, and patient care. 

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While this is great for many reasons, it can also be difficult to navigate this new, advanced technology. Companies that aren’t as familiar with the progressions AI has made even just in the last couple of years may struggle to understand and fully employ the AI in medtech innovations. 

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Common Struggles When Using AI in Medtech

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One of the primary challenges in leveraging AI in medtech devices is the sheer volume and velocity of data collection. AI systems can gather terabytes of sensor data from multiple sources in a short period, creating a rich but overwhelming stream of information. While this data holds tremendous potential for improving products and services, managing it effectively is no small feat. Beyond handling the data itself, companies must also consider whether to use cloud or edge processing. This decision impacts latency, security, and cost. Crucially, these technical considerations must align with the product’s value proposition and how the company intends to monetize the solution. Without a clear strategy, even the most advanced AI can become a costly complication rather than a competitive edge.

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Trying to grapple with these challenges that come with AI in medtech may turn some companies off of the temptation to use AI, however Pegmatis has the tools to take the burden of data collection and comprehension off of your shoulders. 

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How Pegmatis Can Help Overcome These Challenges

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Pegmatis has a deep understanding of the newest AI advancements, and so our team is able to handle IoT and AI software development and put it to work in a way that will be beneficial to you and your company. By looking at the data through different angles and fusing the data together rapidly, we are able to find patterns, correlations, and synchronize these large amounts of data, making sense of them for you. In addition, we help determine whether edge or cloud computing is best suited to your application, aligning technical decisions with the right business model to support scalability, efficiency, and monetization. 

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Once the data is managed, Pegmatis can also help you figure out how to use it for something purposeful. The AI collected data could let a service technician know what is wrong with a broken piece of equipment before he even goes to the site to assess it. The data might be able to identify that a machine is going to malfunction because a metric not visible to humans yet is off. 

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Whether you see it as an issue or an advantage, the usage of AI in medtech has completely changed the industry. Without the proper knowledge of its modernization, it may be difficult to see the benefits AI can bring, but by working alongside the team of experts at Pegmatis, your medtech company can thrive amidst the potential of less malfunctions and more efficient processing. Reach out today to get in touch with our team.