Medtech and collaborative care are changing the traditional physician-patient relationship with remote therapy and mobile healthcare spurred by pharmaceutical companies looking for value-adding opportunities to grow beyond their core drug business.

Medical devices – and bioelectronics on the near horizon – are at the heart of this momentous transition. From glucose and ECG monitoring to pacemakers and infusion pumps, wearable medical devices promote patient compliance in addition to enabling a decentralization revolution in healthcare.

With virtually infinite applications, the medical devices sector has enormous size and growth potential. However, it must first address cybersecurity concerns as a real threat and the main impediment to delivering on the business promise, as it continues to develop more internet-connected devices and services.