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April 6, 2022

Cloud innovation among medical industry companies dropped off in the last quarter

Analysis of patent filings shows a decrease in cloud related applications in the industry following a rise over the previous year.

By Data Journalism Team

Research and innovation in cloud in the medical sector has declined in the last quarter – but remains higher than it was a year ago.

The most recent figures show that the number of related patent applications in the industry stood at 33 in the three months ending February – up from 25 over the same period in 2021.

Figures for patent grants related to followed a different pattern to filings – shrinking from nine in the three months ending February 2021 to eight in the same period in 2022.

The figures are compiled by GlobalData, who track patent filings and grants from official offices around the world. Using textual analysis, as well as official patent classifications, these patents are grouped into key thematic areas, and linked to key companies across various industries.

is one of the key areas tracked by GlobalData. It has been identified as being a key disruptive force facing companies in the coming years, and is one of the areas that companies investing resources in now are expected to reap rewards from.

The figures also provide an insight into the largest innovators in the sector.

Johnson & Johnson was the top innovator in the medical sector in the latest quarter. The company, which has its headquarters in the United States, filed nine related patents in the three months ending February. That was down from 15 over the same period in 2021.

It was followed by the Ireland based Medtronic Plc with five patent applications, the United States based Illumina Inc (5 applications), and the United States based Bruker Corp (3 applications).

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