Lack of familiarity, a reluctance to experiment and even widespread mistrust are hindering the take-up of AI-enabled tech by the elderly.

Hungary has a robust academic infrastructure, particularly in university spin-offs, HandInScan Zrt. is one of them which founded in 2012. Global Sales Director Dezső Nagy and Business Development Manager Csilla Nemeth discuss the company’s evolution from a startup to an international enterprise with users in more than 30 economies, the experience of working with distributors to increase market penetration, and its future business development.

Hungary’s medical devices sector, dominated by innovative SMEs, is a key player in Europe’s MedTech industry, exporting 85% of its production, primarily to the EU. The competitiveness strategy aims to boost domestic production and sustainability while navigating EU MDR challenges. Opportunities for collaboration with Hong Kong include leveraging trade networks, regulatory expertise, and investment to enhance global market access and innovation.

In order to promote the integration of technological and industrial innovation in the field of biomedicine and to accelerate the development, industrialisation and application of innovative drugs and medical devices, Guangdong’s Department of Industry and Information Technology, Health Commission, Healthcare Security Administration and Medical Products Administration have jointly issued a first-batch catalogue of innovative drugs and medical devices approved in the province, in accordance with the Action Plan on Further Promoting the High-Quality Development of Guangdong’s Biopharmaceutical Industry.