M&C in the news: Why Europe could fall behind in the medtech sector

And in September of this year, a report from intellectual property firm Marks & Clerk found that while AI is changing the future of virtually every industry, it is the medtech sector in particular that is capitalising on the emerging tech. The report found that the number of AI-based patent applications filed by the sector in 2022 had almost quadrupled since 2018. Tim Hargreaves, partner and medtech specialist at Marks & Clerk, said the medtech sector’s dominance in AI-based patent applications reflects its place at the forefront of innovation. “As the sector continues to drive forward the development of new technologies aimed at enhancing healthcare, it’s heartening to see the industry taking proper steps to secure its innovations.”

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