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 Internet of Things in Healthcare: Holographic display surgical robots.
However, not all innovations are equal and nor do they follow a constant upward trend. Instead, their evolution takes the form of an S-shaped curve that reflects their typical lifecycle from early emergence to accelerating adoption, before finally stabilising and reaching maturity.
Identifying where a particular innovation is on this journey, especially those that are in the emerging and accelerating stages, is essential for understanding their current level of adoption and the likely future trajectory and impact they will have.
200+ innovations will shape the healthcare industry
According to GlobalData’s Technology Foresights, which plots the S-curve for the healthcare industry using innovation intensity models built on over 443,000 patents, there are 200+ innovation areas that will shape the future of the industry.
Within the emerging innovation stage, smart helmets, body temperature sensors, and Software as a Medical Device (SaMD) are disruptive technologies that are in the early stages of application and should be tracked closely. Smart balloon catheters, point-of-care molecular diagnostics, and automated immunoassay analysers are some of the accelerating innovation areas, where adoption has been steadily increasing. Among maturing innovation areas are Smart contact lenses and GPS integrated fitness monitors, which are now well established in the industry.
Innovation S-curve for Internet of Things in the healthcare industry
Holographic display surgical robots is a key innovation area in Internet of Things
Holographic display surgical robots are employed for preoperative planning as well as in the operating room. The technology offers physicians sterile access to 3D holograms and computer-based solutions that are relevant to patient imaging or surgical technique in real-time throughout the surgery. By being able to understand the patient’s internal makeup before the surgery, physicians can practice their techniques to maximize treatment success.
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 70+ companies, spanning technology vendors, established healthcare companies, and up-and-coming start-ups engaged in the development and application of holographic display surgical robots.
Key players in holographic display surgical robots – 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 holographic display surgical robots
Source: GlobalData Patent Analytics
Johnson & Johnson is one of the leading patent filers in the field of holographic display surgical robots. Some other key patent filers in the field include Heartflow, Koninklijke Philips, Smith & Nephew, Medtronic, and Stryker.
In terms of application diversity, International Business Machines (IBM) leads the pack, followed by Heartflow and Olympus, respectively. By means of geographic reach, Aris MD held the top position, followed by Spine Align and Avanos Medical in the second and third spots, respectively.
Holographic display surgical robots are a disruptive revolutionary innovation that can be customised as per the requirement in the healthcare industry. Introducing IoT into devices makes them compact and can be embedded easily, making them perfect for providing remote services.
To further understand how Internet of Things is disrupting the healthcare industry, access GlobalData’s latest thematic research report on Internet of Things (IoT) in Healthcare.