The medical equipment industry has experienced a boom unlike any other in the broader medical sector, powered by rapid advancements in technology that are opening up new avenues in the way we conceptualise healthcare, how we deliver and manage it. Healthcare providers are now turning to artificial intelligence (AI), miniaturisation of devices, and wearable technology for more efficient ways to deliver better patient care. These innovations are not only improving patient outcomes but are also streamlining the process of diagnosis, treatment, and ongoing care. AI is playing a critical role in transforming medical devices by enhancing their ability to collect, process, and analyse data. Medical devices are now capable of using AI to detect diseases and predict the onset of medical conditions through patient-specific health data. This allows for earlier diagnosis and more personalised treatment plans. AI’s predictive analysis capabilities also help monitor the effectiveness of therapies, enabling doctors to make real-time adjustments. Medical device manufacturers are utilising AI-driven technologies like computer vision to enhance robotic surgeries and speed up diagnostic processes. Additionally, AI is automating industrial operations within healthcare, leading to more efficient production and development of medical devices. Miniaturisation is another major trend in the medical equipment industry. Compact, portable devices are becoming increasingly popular due to their space-saving and energy-efficient designs. These smaller devices allow patients to monitor their health conditions, such as blood sugar levels or heart rates, on the go, offering greater mobility and convenience. One example is Philips Healthcare’s Heart Start automatic external defibrillator, a small, portable device that monitors cardiac rhythm and guides users in administering life-saving defibrillation shocks when needed. Philips Respironics also offers a portable oxygen concentrator that combines pulse-dose delivery with continuous flow, further demonstrating the demand for smaller, more efficient devices.