The definition of medical device has expanded quite a bit in the past decade. Not only do wheelchairs, imaging equipment and pacemakers qualify as medical devices, but so do health monitoring apps and digital health trackers. Thanks to the advancements of the digital age, “hospital at home” is the trend. The industry is moving towards a connected care environment where devices that capture data, applications that derive insights from that data and apps that deliver personalized suggestions have become the critical driving factors. Nevertheless, the industry is also fueled by globalization, competition and demand for more advanced treatments. Sensors are at the heart of every device, from small bandages to implants.