IOT (Internet of Things) is a machine to machine technology that is forecast to be one of the major change agents in reducing the cost of health care for: hospitals and physician offices; home health care; medical device and life sciences companies and insurance carriers.
The ability to take sensor based data from various medical instruments, emergency medicine or mobile devices and then feed this information via a home office gateway or wireless phone to be analyzed by web/ cloud based services is expected to be a driving force for reducing the cost of medical care. The benefits of these technologies are considerable in detecting medical problems earlier and providing for less costly treatments and prevention. However, there are issues to work out especially on privacy.
MDG (Medical Development Group) in conjunction with experts from the medical device, life sciences, clinical and technology areas will explore this important topic in this symposium.
Our keynote speaker will provide an overview of the opportunities and challenges in addressing IOT for medical device and life companies.
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