Business

Global AI in Medical Diagnostics Market to Be Driven by Demand for Image Recognition in Radiology
The global artificial intelligence (AI) in medical diagnostics market is expanding with early disease detection being one of its key applications and image recognition becoming a compelling consumer proposition that is driving AI players to zealously invest in deploying AI in radiology. More...12 Oct 2021

Samsung Biologics and Enzolytics to Jointly Develop and Manufacture Anti-SARS-CoV-2 Monoclonal Antibody Therapies
Samsung Biologics (Incheon, Korea), a contract development and manufacturing organization, and Enzolytics Inc. (Plano, TX, USA), a drug development company committed to commercializing multiple proprietary therapeutics to treat debilitating infectious diseases, have entered into a strategic CDMO partnership agreement for the development and manufacturing of anti-HIV and anti-SARS-CoV-2 monoclonal antibody therapies. More...11 Oct 2021

IHF Excellence Award 2021 for Corporate Social Responsibility in Healthcare to Be Sponsored by Seddiqi Holding
Seddiqi Holding (Dubai, UAE), a family-owned and managed group with a diverse portfolio of businesses, will sponsor the IHF 2021 Excellence Award for Corporate Social Responsibility in Healthcare to be awarded at the 44th World Hospital Congress organized by The International Hospital Federation (Geneva, Switzerland). More...06 Oct 2021

Global Operating Room Equipment Market Expected to Surpass USD 40 Billion in 2027
The global operating room (OR) equipment market was valued at around USD 30 billion in 2020 and is projected to register a CAGR of 4.2% over the forecast period to surpass USD 40 billion by 2027. The market growth is expected to be driven by a rise in the number of hospitals and investments in OR equipment, growing patient preference for minimal invasive surgeries, and increasing regulatory approvals for OR equipment. More...01 Oct 2021

GE Healthcare Acquires BK Medical to Expand Ultrasound Portfolio into Surgical Visualization
GE Healthcare (Chicago, IL, USA) has entered into an agreement to acquire BK Medical (Peabody, MA, USA) in a deal that is expected to create value by further strengthening BK, including through significant synergies with the benefit of GE’s technology and commercial scale. More...30 Sep 2021

Zoll Acquires Sleep Disorder Diagnostics Developer
ZOLL Medical Corporation (Chelmsford, MA, USA), an Asahi Kasei company, has signed an agreement to acquire Itamar Medical Ltd. (Caesarea, Israel), a medical device and digital health company focused on the integration of sleep apnea diagnosis into the cardiac patient care pathway. More...19 Sep 2021

44th IHF World Hospital Congress Presents Over 60 Plenary Sessions and 200 Renowned Speakers Across Four-Day Event
The 44th World Hospital Congress organized by The International Hospital Federation (Geneva, Switzerland) will bring together more than 200 healthcare experts, leading industry thinkers, and best practice presenters at over 60 sessions around nursing leadership, humanizing technology, COVID-19 vaccination, the next global pandemic, etc. More...17 Sep 2021
In Other News
Stryker Completes Acquisition of Medical Device Company Gauss Surgical
Baxter to Acquire Hillrom, Targeting Expansion in Digital and Connected Care Solutions Worldwide
Implantable AI System for Early Detection and Treatment of Illnesses Detects Pathological Changes without Medical Supervision
Fujifilm Lauded by Frost & Sullivan for Disrupting OR Space with Systems Integration Solution
MEDICA 2021 and COMPAMED 2021 to Restart as In-Person Events from November 15-18, 2021 in Germany
Global AI in Medical Diagnostics Market Projected to Reach USD 3.87 Billion by 2025
RSNA 2021 to Be In-Person Event with Demonstrations of Latest Medical Imaging Technologies in CT, MRI and AI
BD Seeks to Transform Patient Experience Through Vision of 'One-Stick Hospital Stay'
Global Smart Hospitals Market to Reach USD 221.3 Billion by 2030 Due to Proliferation of ML, AI and IoT
Global AI-Based Surgical Robots Market to Reach USD 17.2 Billion by 2028
Global Portable Ultrasound Equipment Market to Reach USD 2.5 Billion by 2026
AI in Healthcare Diagnosis Market to Witness Substantial Growth Post COVID-19 Pandemic and Reach USD 107.80 Billion by 2027
Global PET-CT Scanner Device Market to Reach USD 3.34 Billion by 2028
Siemens Reportedly Considering Sale of Its Ultrasound Business
Siemens Completes Acquisition of Varian to Create Integrated Portfolio of Imaging, Laboratory Diagnostics, AI and Cancer Treatment
Zoll Medical Acquires CSA Systems Manufacturer Respicardia
Rapid AI Penetration to Drive Growth of Global MR Vital Sign Monitors Market
Machine Learning Algorithm Identifies Deteriorating Patients in Hospital Who Need Intensive Care
AI-Based ICU Solution for Predicting Patient Deterioration Becomes Industry’s First Ever Device to Receive FDA Clearance
Hillrom Acquires Bardy Diagnostics to Expand into Ambulatory Cardiac Monitoring Segment
Philips Acquires Capsule Technologies to Expand Leadership in Patient Care Management Solutions for Hospitals
New AI Algorithm Crunches Massive Amounts of Real-World Data to Find New Uses for Existing Medications
Hologic to Acquire Diagnostic Tests Provider Biotheranostics
HospiMedica Industry News channel updates the reader on mergers and takeovers, on cooperative agreements and on trends in the healthcare industry worldwide.