Worldwide, billions of dollars are invested in health technology development. Health technology comprises a wide range of products and is used to diagnose, monitor or treat diseases or medical conditions affecting humans.
echnology is intended to improve the quality of healthcare delivered through earlier diagnosis, less invasive treatment options and reductions in hospital stays and rehabilitation times. Recent advances in medical technology have also focused on cost reduction. Medical technology may broadly include medical devices, information technology, biotech, and healthcare services.
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