Skip to main content
SEARCH
blue dots linked up in the shape of a wave

What are the trends shaping the medical devices industry?

As we progress into the future, the medical device industry continues to evolve against a backdrop of innovation. This is mostly due to the advances in technology and the opportunities it has created. With this digital transformation, medical companies can improve device quality while reducing costs and improving efficiencies that comply with global regulations.

According to a HIMMS report, 80% of healthcare providers will increase investment in technology and digital solutions over the next five years. To prepare for a medical sales job in 2022 and beyond, it’s important that you stay on top of trends and move with the flow of transformation. This will help you secure the best medical device roles so that you can make a significant impact on the sector. Below is a list of current developments that are shaping the medical device industry. Brush up on these trends and you’ll improve your next medical sales pitch and more.

3D printing

The medical industry quickly recognised the benefits of 3D printing and adopted the technique to prolong and save lives in the most extraordinary of ways. Today, 3D technology is used to reproduce customised organs, surgical tools, dentures, and even prosthetics. This practice is expected to expand with analysts predicting the market to grow from $2.76 billion in 2022 to $4.49 billion by 2026.

Internet of Medical Things (IoMT)

IoMT poses limitless possibilities in the medical device field. New applications of the technology are being developed and introduced daily, with outstanding results. Referred to as “smart healthcare,” IoMT relies on the communication between computers to collect and analyse data. This data enables healthcare professionals to make informed decisions so that they can reach the best patient outcomes. IoMT apps and devices also help to reduce the costs of drugs and treatments while optimising operational efficiency. Over the years, IoMT will improve. However, the medical device market’s current priority is to gauge the applicability of IoMT in healthcare to further improve efficiency.

Artificial intelligence (AI)

Another trend that’s accelerating is the use of AI in medicine, with a strong focus on robots. We can use the da Vinci Surgical System as an example. This robotic device is currently used as an assistant in operating rooms and is an indication of just how capable medical robots are becoming. The types and levels of AI performance are predicted to increase, with the sector expecting to reach $20 billion in just a few years. One remarkable way in which AI devices are anticipated to help is by conducting exams in rural locations using telepresence.

Wearable devices

Wearable devices or “wearables” were first introduced as basic devices that would track the number of steps a person would take each day. Today, this technology offers more detailed data. Wearable devices are helping medical professionals improve patient outcomes by monitoring vital signs such as blood pressure, heart rate, and glucose levels. Even individuals who don’t have medical conditions are using wearables to promote overall health and wellness. Examples of trending wearable devices include smart jewellery, smart clothing, and AI hearing aids.

Stay on top of your medical device career with IQVIA

Part of our mission at IQVIA is to stay on top of medical trends so that we can continue to positively contribute to the health sector. We provide commercial solutions to our healthcare clients and we have an unwavering commitment to delivering the best results.

If that sounds like you and you want to advance as a medical device sales rep, then we invite you to browse through our current list of medical device careers.

Or, if you can’t find what you’re looking for, register your details and you can sign up for the latest job alerts.

List #1

IQVIA Related insights

hands holding a red heart against a blue backdrop
5 ways you can celebrate World Well-being Week this year

Teaser

General

Content Type

Article

Published

29/05/2024

Summary

World Well-being Week 2024 is just around the corner. As an organisation with a passion for building a healthier world, our mission is not just confined to healthcare and medical sales, it also exten

Teaser

World Well-being Week 2024 is near, here are 5 ways you can celebrate.

Read more
Ruth Lynn

by

Ruth Lynn

Ruth Lynn

by

Ruth Lynn

Tips on how to keep your work life and home life separate

Teaser

General

Content Type

Article

Published

30/04/2024

Summary

Whether you work remotely, with a hybrid model, or are a careerist who can’t help but mentally take your work home with you when you leave the office, it’s undeniable that the lines between work and

Teaser

Explore learnable skills, tricks, and techniques that can empower you in your lifestyle

Read more
man in white lab coat holding glasses and talking to a man and woman
Why should you work in medical sales?

Teaser

Medical Sales & Services

Content Type

Article

Published

19/03/2024

Summary

Are you wondering if medical sales is a good career? All over the world, the medical and pharmaceutical sectors are booming, and nowhere more so than in the UK. With a thriving ecosystem of research

Teaser

All over the world, the medical and pharmaceutical sectors are booming, and nowhere more so than in the UK.

Read more
Two women on an interview
Navigating Career Growth and Flexibility at IQVIA: a Q&A with Lucy

Teaser

General

Content Type

Article

Published

05/02/2024

Summary

Lucy Manning sits in our clinical trials team, but that’s not where her career started at IQVIA. It all began at the back end of 2022 when Lucy took on a fixed-term contract as a Project Support Coo

Teaser

Lucy took on a fixed-term contract as a Project Support Coordinator. . But that did not signal the end of her time working with us.

Read more
doctor and medical sales representative shake hands
The Ultimate A-Z of Becoming a Medical Sales Rep

Teaser

Sales

Content Type

Article

Published

02/02/2024

Summary

Does the idea of being a medical sales rep excite you? This crucial position lets you make connections with companies and practitioners in the medical field. It’s also a growing and dynamic industry.

Teaser

This crucial position lets you make connections with companies and practitioners in the medical field.

Read more
female phlebotomist taking a blood sample from a male
How to become a phlebotomist

Teaser

Patient Centric Services (PCS)

Content Type

Article

Published

04/01/2024

Summary

Are you ready to step into a career that's both rewarding and accessible? Becoming a phlebotomist could be your ticket into the thriving world of healthcare. It's not just about drawing blood; it's ab

Teaser

Ready to discover how you could take the leap into this exciting field?

Read more
Young sad female nurse, doctor, carer looking through window, wearing face mask gazing at sun
Marissa's inspiring journey as a nurse advisor at IQVIA

Teaser

Medical

Content Type

Article

Published

20/11/2023

Summary

In the tapestry of healthcare, where expertise meets innovation, individuals like Marissa, a Senior Nurse Advisor at IQVIA, play a pivotal role.  Marissa has not only learned from challenges but has e

Teaser

If you consider the path of a Nurse Advisor, Marissa's story is a testament to the opportunities and fulfilment that await at IQVIA.

Read more
Human resources officer (headhunter, personnel) looking for a key account manager.
How the best key account managers stand out from the rest

Teaser

Sales

Content Type

Article

Published

13/11/2023

Summary

A guide to excelling in Key Account Manager jobs in healthcare In the dynamic landscape of the healthcare industry, the role of a Key Account Manager (KAM) is pivotal. Experienced account managers con

Teaser

Read on to explore the essential aspects of excelling as a Key Account Manager.

Read more
Side view of multiethnic researchers discussing possibilities of 3-D printing for prosthetic and medical engineering.
Developments and tech shaping the future of medical science

Teaser

Medical Affairs & Services

Content Type

Article

Published

10/11/2023

Summary

The role of medical science liaisons has never been more pivotal.  Why? As catalysts for change and advocates of cutting-edge advancements, these professionals play a crucial role in fostering collab

Teaser

Calling all Medical Science Liaisons: tap into leading innovations shaping the industry

Read more
Close up of Business people shaking hands, finishing up meeting, practicing medical device sales ethics, business etiquette
How to adopt medical device sales ethics

Teaser

Medical Sales & Services

Content Type

Article

Published

25/10/2023

Summary

In an industry where cutting-edge innovations and life-changing treatments are introduced every day, the role of ethics in medical device sales is critical.  Bridging the gap between groundbreaking m

Teaser

Learn the importance of ethics in medical sales and strategies to adopt them

Read more
Medicine doctor touching electronic medical record on tablet.
How to get a job in clinical research

Teaser

Clinical Operations

Content Type

Article

Published

06/10/2023

Summary

Need some guidance on how to get a job in clinical research?Clinical research is a dynamic and rewarding field that transcends borders, offering professionals worldwide the chance to contribute to m

Teaser

If you're considering a career in clinical research, follow this guide to help you embark on a fulfilling journey.

Read more
Medical shaking hands
Top medical sales skills you need to succeed

Teaser

Sales

Content Type

Article

Published

06/10/2023

Summary

In the dynamic and competitive world of medical sales, the path to success is not just about knowing your products or having an impressive CV. Instead, amongst key skills, it's often the abili

Teaser

Read on and learn how to master resilience and adaptability for success in medical sales.

Read more