OVERVIEW:

• Medical technology means: *the diagnostic or therapeutic application of science and technology to improve the management of health conditions. Medical technology extends and improves life. It alleviates pain, injury and handicap. Its role in health care is essential. Incessant medical technology innovation enhances the quality and effectiveness of care. Billions of patients worldwide depend on medical technology at home, at the doctor’s, at hospital and in nursing homes. Wheelchairs, pacemakers, orthopedic shoes, spectacles and contact lenses, insulin pens, hip prostheses, condoms, oxygen masks, dental floss, MRI scanners, pregnancy tests, surgical instruments, bandages, syringes, life-support machines: more than 500,000 products (10,000 generic groups) are available today. Medical technology represents only 6,3% of total health care expenditure in Europe - a modest share if you consider the benefits for every member of society.

• Information Technology means the application of computer, communications and software technology to the management, processing and dissemination of information. In the broadest sense, information technology refers to both the hardware and software that are used to store, retrieve, and manipulate information. At the lowest level you have the servers with an operating system. Installed on these servers are things like database and web serving software. The servers are connected to each other and to users via a network infrastructure. And the users accessing these servers have their own hardware, operating system, and software tools.

STRENGTHS

• Consistency
  
• Innovative
• Consumes less time
  

WEAKNESSES

• High Priced
• Needs computer literacy
• Consumes a lot of electricity
• Vulnerable to other people

OPPORTUNITIES

• We could treat certain diseases that is incurable in the past
• We could store data and information
  
• We will be able to access easily

THREATS

• Competition is very high
• Success is not assured
• Unexpected problems may suddenly occur