Business


Philips Acquires Capsule Technologies to Expand Leadership in Patient Care Management Solutions for Hospitals
Royal Philips (Amsterdam, the Netherlands) has signed an agreement to acquire Capsule Technologies, Inc. (Andover, MA, USA), a provider of medical device integration and data technologies for hospitals and healthcare organizations. More...20 Jan 2021

New AI Algorithm Crunches Massive Amounts of Real-World Data to Find New Uses for Existing Medications
Scientists have developed a machine-learning method that crunches massive amounts of data to help determine which existing medications could improve outcomes in diseases for which they are not prescribed. More...12 Jan 2021

Hologic to Acquire Diagnostic Tests Provider Biotheranostics
Hologic, Inc. (Marlborough, MA, USA) has agreed to acquire Biotheranostics, Inc. (San Diego, CA, USA), a privately held, commercial-stage company that provides molecular diagnostic tests for breast and metastatic cancers, for approximately USD 230 million. More...07 Jan 2021


Hologic Receives FDA Clearance for Genius AI Detection Technology for Early Breast Cancer Detection
Hologic, Inc. (Marlborough, MA, USA) has received US Food and Drug Administration (FDA) clearance for its Genius AI Detection technology, a new deep learning-based software designed to help radiologists detect subtle potential cancers in breast tomosynthesis images. More...02 Dec 2020

COVID-19 Acceleration and Rising Severity Driving Global Ventilator Market
The global ventilator market was valued at USD 11.4 billion in 2019 and has witnessed a growth surge of up to 172% in 2020 as an exponential rise in respiratory infections due to the coronavirus pandemic has accelerated the demand for ventilators across the world. More...10 Nov 2020
In Other News
AI in Medical Imaging to Reach USD 1.5 Billion by 2024
MEDICA and COMPAMED 2020 to Take Place Entirely Online From 16-19 November 2020
Arab Health Rescheduled to June 2021 Due to COVID-19 Pandemic
Hologic Showcased Latest Advances at Virtual ECR Congress 2020
Siemens to Acquire Varian Medical to Create Comprehensive Cancer Portfolio
Omnia Health Live Unites Global Healthcare Community Through New Virtual Experience
MEDICAL FAIR ASIA 2020 Set to Take Place in Singapore from 9-11 December 2020
Nova's Stat EMS Basic Blood Testing System Launched in CE Mark Countries
Nova's Stat Profile Prime Plus Blood Gas Analyzer Receives FDA Clearance for POC Use
Multiparameter Patient Monitoring Market to Surpass USD 4 Billion by 2026
Surgical Robots Market to Reach USD 13.1 Billion by 2027 Due to High Acceptance in Emerging Regions
Advantech Launches Medical-Grade AVAS-400 Series 4K UHD Video Recorder
Global Multiparameter Patient Monitoring Devices Market to Reach USD 6 Billion by 2025
Global Defibrillators Market Projected to Reach USD 11.7 Billion by 2025
PhysioPRO II Portable Pulse Wave Therapy Provides Relief from Musculoskeletal Pain
Global Medical Robotics Market to Reach USD 13.90 Billion by 2026
Patient Handling Equipment Market to Reach USD 12.6 Billion by 2024
JNJ Acquires Remaining Stake in Verb Surgical
Global Point of Care Testing (POCT) Market to Reach USD 46.7 Billion by 2024
PENTAX Medical Clears CE Mark for New AI-Assisted Polyp Detector
Global EEG Devices Market to Reach USD 2.20 Billion in 2027
Global Anesthesia Machines (Mobile & Standalone) Market to Reach USD 7.78 Billion by 2022
Global Vital Signs Monitoring Devices Market to Reach USD 9.1 Billion by 2026
HospiMedica Industry News channel updates the reader on mergers and takeovers, on cooperative agreements and on trends in the healthcare industry worldwide.