The Science Behind Healthcare Meaningful Innovation

Scientific research, big data, and healthcare analytics are the tools of innovators. Discover how.

SMALLER, SMARTER DEVICES MEAN HEALTHIER PATIENTS AND LOWER COSTS

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In association with MIT Technology Review Insights, see how smart devices can personalize care, lower costs, and help manage chronic conditions.

  • Ways to monitor and adjust care in real time
  • Advances in miniaturization and sensor technology
  • How personalized care can cut costs and improve patient outcomes

BLOCKCHAIN TECHNOLOGY IN HEALTHCARE
Healthcare data sharing, analysis, and verification

BLOCKCHAIN TECHNOLOGY

Blockchain’s decentralized, automated third-party system to transfer data freely and securely offers healthcare the ability to accelerate R&D and create more efficient care pathways.

  • Recently Medtronic innovators prototyped a blockchain to help patients share their EHRs with clinicians via a trusted, private third-party intermediary.
  • Researchers project that 55 percent of healthcare applications will have adopted blockchain for commercial deployment by 2025.1

BIOSENSORS — THE NEXT GENERATION
Using patients’ data to respond to their needs in real time

Biosensor Technology

Added functionality in biosensor technology opens up new  ways to use data to drive therapeutic changes, save money, and improve access to care:

  • Professional continuous glucose monitoring during a change of diabetes therapy (such as moving from one diabetes medication to another) among patients with Type 2 diabetes could save the healthcare system more than $3300 per person per year.2
  • Stakeholder partnerships enable mobile apps that integrate with Medtronic sensors to increase actionable information.
  • The Medtronic Labs Empower Health™ is a model of care that uses sensor technology to reach hypertension patients in underserved regions.3
READ HOW BIOSENSORS PUT DATA IN HEALTHCARE TO WORK
1

Projected share of healthcare blockchain adoption across healthcare applications worldwide in 2017, 2020, and 2025. Statista. October 2017. https://www.statista.com/statistics/759208/healthcare-blockchain-adoption-rate-in-health-apps-worldwide/

2

Joseph A. Sierra, Mona Shah, Max S. Gill, Zachery Flores, Hiten Chawla, Francine R. Kaufman & Robert Vigersky (2017) Clinical and economic benefits of professional CGM among people with Type 2 diabetes in the United States: analysis of claims and lab data, Journal of Medical Economics, 21:3, 225-230, DOI: 10.1080/13696998.2017.1390474

3

https://www.medtronic.com/us-en/about/citizenship/adding-value-to-society/medtronic-labs/portfolio/empower-health.html