Biomedical Engineering Reference
In-Depth Information
advancements in medical technology have positive as well as negative impacts to
mention. But when compared to the positive impact, the negative impact can be
ignored. The two fundamental commercialization issues which are being faced by
the academic and business communities are as follows:
(a) The ability of the academic groups to change the culture of scientists to
commercialize their technology.
(b) The ability of the business groups to communicate successfully with scientists.
The new advancements in science usually come from the government
supported, funded academic research. The academic-industrialists, entrepreneurs,
and capitalists must either license the technology or become more knowledgable
about commercializing their patented ideas. One such example which can be
quoted is ''A scientist and a businessman in San Francisco were able to success-
fully communicate with each other and sketch out a common goal that is the
commercialization of insulin'' a medical product which was the catalyst for the
development of the biotech industry worldwide.
The business communities should get support from the government bodies in
establishing their own research and development centers so that they can help in
pacing up the advancements in medical technology which ultimately result in
reaching the people more effectively, and in turn these technologies would gen-
erate huge revenues and incomes for the business bodies. As expenditure incurred
on health care is increasing day by day, business bodies can expect good revenues
if they are successful in finding out any new device or technology that could steer
patient needs while giving treatment to them. With advancement in technology and
patient care, engineers have to stay on their toes to provide the supporting M/E
infrastructure, and often on a limited budget. Thus, ultimately this can help other
business systems also to sustain and progress in the market. These advancements
can provide to many a lot of job opportunities.
These advancements are changing the competitive business landscape, i.e.,
through increasing efficiency and reducing costs. Advancement in medical tech-
nology systems can decrease the employee training processes time, saving time
and allowing personnel to work in other areas. Utilizing the time and resources in
an effective manner is important to the success of a business. Advanced infor-
mation systems may observe vital signs on critical patients over wireless networks;
this technology not only improves care but also supports cost-efficiency and
competitiveness within the health care industry. These advancements could help in
reducing the intervention of humans in medical care as machines and robots could
take care under minimal guidance of humans ultimately reducing the cost to the
company on each employee.
2. The Impact of Advancements in Medical Technology on Society:
This is a fast developing branch of knowledge binding together science and
engineering in a world of expertise to assist problem solving and innovative design
and helping medics and physicians to make incredible advancements in people's
lives.
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