Strathclyde University and the Institute for System Level Integration will bring together business leaders and academic researchers this month to identify growth opportunities in healthcare.
Technologies to be explored include wireless sensors to monitor well-being and devices that allow remote diagnosis.
The market was worth around £122 billion in 2007 and is expected to be worth three times that level by 2012.
Professor Patricia Connolly of the Strathclyde Institute of Medical Devices at the University of Strathclyde, said: “The need for new technologies to tackle healthcare problems – and improve preventive medicine – has never been greater.
“With an ageing population, new devices are needed to help people manage existing medical problems at home and prevent new illnesses occurring.
“The rise of home blood pressure and glucose monitors is an example of how people can monitor their own health to ensure early detection and prevent potentially life-threatening conditions developing.
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