Medical technologies aren’t new to the healthcare sector—they’ve been improving and prolonging lives for years. EEGs, EKGs, pacemakers, dialysis, ultrasound technology and prosthetics are just a few examples.
However, several factors have accelerated the growth of MedTech recently, including the intersection of three major developments: the increasingly global accessibility of the internet through mobile devices and cloud computing; a growing aging population in need of additional medical care; and the global pandemic, which propelled the need for such connections much more quickly than would have otherwise happened.
With so much momentum building, MedTech is sure to have rippling effects on the future of commercial real estate.
In this article, learn:
- How MedTech has generated significant real estate demand
- How funding has driven much of that demand and continues to look promising
- How products in development and clinical trials could spur more expansion