Medtech Conference 2024:
Top Trends to Watch as Industry Leaders Convene in Toronto
March 13, 2024
by
Staff
This week, over 3,900 global medtech professionals will gather in Toronto for Advamed’s The Medtech Conference, one of the largest events in the medical technology sector. The conference comes at a critical time for the industry, with leadership changes at the FDA, legal challenges to new U.S. diagnostic regulations, and the increasing influence of artificial intelligence in medical devices.
Key topics include:
1. New FDA Leadership
The FDA's Center for Devices and Radiological Health (CDRH) is undergoing a leadership shift, with acting director Michelle Tarver stepping in after former director Jeff Shuren resigned amidst controversy. This leadership change will be discussed during a town hall, where CDRH’s future direction will be outlined.
2. AI in Medtech
As AI becomes more integral to medical devices, the conference will focus on how to manage bias, ensure accuracy, and navigate regulations like the U.S. 21st Century Cures Act and the EU AI Act. Experts will explore AI's expanding role in hospitals and patient care.
3. U.S. Diagnostics RegulationsThe FDA’s new rule on lab-developed tests (LDTs) is facing significant pushback, including two lawsuits. Attendees will hear insights on how upcoming elections and court rulings could impact the rule, which is set to take effect in 2025.
4. Global Regulatory Updates/Discussions will also cover global regulatory challenges, including the EU’s new Medical Device Regulation (MDR) and China’s volume-based procurement policy, which are shaping the future of the medtech market.