Healthcare & Life Science
Technical advances in the healthcare sector can benefit from advances in other industries. This can be seen in robot-assisted surgery. Despite a multitude of alternative systems, only one provider has ever proved successful over the years in the huge market in which every modern hospital participates. This monopolistic position is based on an intricately balanced network of patents which makes it highly risky for competitors to enter the market.
In the case of fitness equipment, an ever increasing number of products subject those who train on them to an electronically controlled load. And telemetric features become more and more common. This enables training plans to be adapted to different medical and physiological parameters.