Massive disruption is taking the healthcare space by storm. Rapidly evolving technologies are quietly and completely morphing the medical field as we know it. Robotics, artificial intelligence and healthcare innovations are becoming significant change agents across the industry.
In the upcoming webcast today, Investing in Healthcare Tech & Innovation, Jeremie Capron, Director of Research at ROBO Global, and Lisa Chai, Senior Research Analyst for ROBO Global, will discuss their newest tech strategy and how investors can gain diversified exposure to this innovative industry.
Specifically, Robo Global’s new ROBO Global Healthcare Technology and Innovation ETF (HTEC) tries to tap into the dramatic, technology-driven revolution in the healthcare industry.
According to Robo Global, the developments in robotics, machine intelligence and life sciences has enabled breakthrough advances in the healthcare industry from AI-powered diagnostic to minimally invasive robotic surgery, from molecular analysis to DNA sequencing and genetic cancer therapies, from 3D printed implants to virtual care visits.
“We anticipate that this technology revolution should profoundly transform the healthcare industry, offering a potential opportunity to investors over the next decade. It is about shifting the model from caring for the sick to one of prevention, prediction and eradication of diseases. It is about enhancing physicians’ accuracy and therapies’ efficacy. Finally, it is about lowering costs. The expected result: longer, healthier lifespans,” according to Robo Global.
HTEC tries to reflect the performance of the ROBO Global Healthcare Technology and Innovation Index, which classifies healthcare technologies companies by diagnostic; lap process automation; regenerative medicine; precision medicine; data and analytics; telehealth; robotics; and medical instruments.
Components are then analyzed by factors representing levels of revenue a company receives from innovative healthcare technologies, as well as technology and market leadership within the healthcare technology space, resulting in a so-called HTEC Score.
Financial advisors who are interested in learning more about health technologies and innovations can register for the Tuesday, June 25 webcast here.