✍Aenco Academy #35: The Potentials of MedTech

AENCO Ecosystem
3 min readJul 7, 2021

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Covid is now becoming part of our life and the global communities have grown so much in adapting their living style to the pandemic. Aenco, too, is fascinated by the expedited ‘technization’.

We might hate the fact that the entire global community is still in the progress of walking out of the on-goining pandemic, but we know for a fact that covid has somehow expedited the invention of new innovative techs, and one of them being the MedTech. What do we mean by MedTech? Join us this week as we discuss the potentials of MedTech and its sustainable values.

Medtech?

In normal circumstance, MedTech is a abbreviation of ‘Medical Technician’. Under the supervision of a medical technologist or physician, med techs may be responsible for performing many laboratory tests. But here, we refer to the use of technology to facilitate medical work. Hence, Med-Tech.

Medical technologies (Med Tech) are products, services or solutions used to save and improve people’s lives.

The current development of Med-tech

From pregnancy tests to ultrasound scans, medical technology is accompanying us from before we are born. When we scratched our arms, perhaps as a child, we wore a plaster; if our vision blurs, we then opted for glasses. When we are unwell, diagnostics and medical devices help healthcare professionals restore us to good health as quickly as possible — these devices could either be in hospitals, clinics, or even sometimes at your own hosue.

Should you need surgery, medical technologies will ensure you get the care you need in a way that is safe and minimally invasive; if our blood vessels become blocked, stents can help clear the way; if you are seriously ill, an MRI scan can find the cause; if you require monitoring, digital health tools can check your health status and communicate vital data to health professionals.

These are all considered Medtech.

The Potential of MedTech

  • Telehealth

Since covid, there is a new form of Medtech that benefits multiple regions around the world. One of the several key Medtech is the remote diagnosis technology /telehealth solutions— this comes in handy during covid where people are not encouraged to gather and queue up in a clinic due to the risk of spreading diseases. It is also a way to maximize resource allocation when doctors cannot travel to certain regions due to travel restrictions and lockdowns. Remote diagnostics is the act of diagnosing a given symptom, issue, or problem from a distance. Instead of the subject being co-located with the person or system done diagnostics, with remote diagnostics the subjects can be separated by physical distance

  • 3D Bioprinting

Three-dimensional bioprinting combines cells, growth factors, and various biomaterials to grow “living” tissues. These tissues mimic the behavior of actual living systems occurring in nature, their use can greatly simplify research. And that’s just the current state of the technology: bioprinting researchers are already looking for ways to print implants, devices, and even entire organs. Its current ability to cut the costs of pharmaceutical research could help 3D bioprinting build and sustain a pathway to becoming a revolutionary health technology in coming years.

  • AI for healthcare data

AI is already being applied in various areas of healthcare, including vaccine development, simulation-driven drug discovery, thermal screening, and diagnostics applications. Due ot covid, AI-powered digital health solutions are gradually emerging and we are expecting more innovative solutions related to the use of AI in healthcare data processing. In addition to health technology, data-based and AI-driven prediction will also likely be used by more and more insurance companies to better identify risks and further optimize the plans they offer.

𝓕𝓲𝓷𝓭 𝓐𝓮𝓷𝓬𝓸:

✔𝘛𝘦𝘭𝘦𝘨𝘳𝘢𝘮: 𝘵.𝘮𝘦/𝘈𝘦𝘯𝘤𝘰

✔𝘔𝘦𝘥𝘪𝘶𝘮: 𝘮𝘦𝘥𝘪𝘶𝘮.𝘤𝘰𝘮/@𝘢𝘦𝘯𝘤𝘰𝘪𝘯/

✔ 𝘐𝘯𝘴𝘵𝘢𝘨𝘳𝘢𝘮: 𝘪𝘯𝘴𝘵𝘢𝘨𝘳𝘢𝘮.𝘤𝘰𝘮/𝘢𝘦𝘯𝘤𝘰𝘪𝘯/

✔𝘓𝘪𝘯𝘬𝘦𝘥𝘐𝘯: 𝘭𝘪𝘯𝘬𝘦𝘥𝘪𝘯.𝘤𝘰𝘮/𝘤𝘰𝘮𝘱𝘢𝘯𝘺/𝘈𝘦𝘯𝘤𝘰

✔𝘛𝘸𝘪𝘵𝘵𝘦𝘳: 𝘵𝘸𝘪𝘵𝘵𝘦𝘳.𝘤𝘰𝘮/𝘈𝘦𝘯𝘤𝘰𝘪𝘯

✔𝘍𝘢𝘤𝘦𝘣𝘰𝘰𝘬: 𝘧𝘢𝘤𝘦𝘣𝘰𝘰𝘬.𝘤𝘰𝘮/𝘈𝘦𝘯𝘤𝘰𝘪𝘯

✔𝘋𝘪𝘴𝘤𝘰𝘳𝘥: 𝘥𝘪𝘴𝘤𝘰𝘳𝘥.𝘨𝘨/𝘕𝘟𝘱𝘍𝘤𝘒𝘘

✔𝘠𝘰𝘶𝘛𝘶𝘣𝘦: 𝘠𝘰𝘶𝘛𝘶𝘣𝘦.𝘈𝘦𝘯𝘤𝘰𝘪𝘯.𝘤𝘰𝘮

✔𝘝𝘪𝘣𝘦𝘳: 𝘈𝘦𝘯𝘤𝘰 𝘝𝘪𝘦𝘵𝘯𝘢𝘮

✔𝘡𝘢𝘭𝘰: 𝘻𝘢𝘭𝘰.𝘮𝘦/𝘨/𝘷𝘷𝘨𝘭𝘮𝘫886

All Rights Reserved. 2021. Aenco Limited consists of a team with strong corporate management experience from global investment banks and financial institutions, as well as blockchain technologists and enthusiasts. Aenco believes that an end-to-end solution platform is essential to fully support fintech innovation. Other than the core blockchain component. Aenco focuses on real-life challenges of digital financing for both fintech projects and the investing community. This is the Aenco Ecosystem.

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