The healthcare industry continues to be a hotbed of innovation, with activity driven by telemedicine, real-time diagnostics, smart hospitals and access to digital therapies, as well as the growing importance of technologies such as artificial intelligence (AI), the Internet of Things (IoT), augmented reality (AR), robotics and data management practices. In the last three years alone, there have been over 106,000 patents filed and granted in the healthcare industry, according to GlobalData’s report on Cybersecurity in Healthcare: Clinical data management systems.
According to GlobalData’s Technology Foresights, which uses over 443,000 patents to analyse innovation intensity for the healthcare industry, there are 200+ innovation areas that will shape the future of the industry.
Clinical data management systems is a key innovation area in cybersecurity
Clinical data management system (CDMS) is a tool used in clinical research to handle and maintain huge amounts of data from a clinical trial. CDMS employ different techniques to evaluate clinical data and reduce mistakes caused by human error during manual entry.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 20+ companies, spanning technology vendors, established healthcare companies, and up-and-coming start-ups engaged in the development and application of clinical data management systems.
Key players in clinical data management systems – a disruptive innovation in the healthcare industry
‘Application diversity’ measures the number of different applications identified for each relevant patent and broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of different countries each relevant patent is registered in and reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to clinical data management systems
Source: GlobalData Patent Analytics
Enlitic is the leading patent filer in the clinical data management market. Some other leading patent filers include Apple and Baxter International.
In terms of application diversity, Enlitic leads the pack, followed by Masimo and DexCom. By means of geographic reach, Baxter International held the top position, followed by Akili and Heartflow in second and third spots, respectively.
The handling of an enormous volume of data is one of the major problems of clinical data management. With the help of artificial intelligence and machine learning tools, the future of clinical data management is likely to be fully automated, accelerating the drug development process and improving the data quality.
To further understand how cybersecurity is disrupting the healthcare industry, access GlobalData’s latest thematic research report on Cybersecurity in Healthcare 2022.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
