Episode description

In this episode, we delve into the burgeoning world of artificial intelligence in MedTech. Listen as we discuss the skepticism and opportunities associated with AI, the revolutionary impact on product development, and provide practical advice for professionals looking to harness AI's potential.

Wade Schroeder, Medical Device Guru for Greenlight Guru, shares his expertise on MedTechs AI-powered tools that are redefining risk management and compliance. With a keen focus on the AI in MedTech Trend report, this conversation is a must-listen for those ready to lead at the forefront of medical device innovation.

Check out the full report and explore the resources mentioned in this episode by visiting the Reference Links below.

Episode Highlights:

1. AI is still in its early stages within the MedTech industry, with potential to save time and improve efficiency.
2. There is a noticeable skepticism about AI, with 65% of respondents doubting the accuracy of AI data.
3. Corporate executives are the highest users of AI at 60%, with manufacturing operations at 50%.
4. Product development and engineering, as well as clinical sectors, are also incorporating AI significantly.
5. Quality and regulatory sectors are the least to adopt AI, possibly due to trust issues in AI's data accuracy.
6. Early adopters of AI in MedTech, akin to early CAD users, may gain a competitive edge in the industry.
7. The development of AI tools like Greenlight Guru's risk intelligence can specifically aid MedTech professionals by streamlining processes like risk assessment.

Quote:

"It's kind of like an iceberg we're seeing the tip of the iceberg with the use of ChatGPT for manipulating your email, when in reality there's this whole other world under the water." - Wade Schroeder

Reference Links:

• Wade Schroeder on LinkedIn
• AI in MedTech Report 2023
• Digital Guru
• Greenlight Guru
• Etienne Nichols on LinkedIn

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