Business
Baxter to Acquire Hillrom, Targeting Expansion in Digital and Connected Care Solutions Worldwide
Two global medical technology giants have decided to join forces by way of Baxter's acquisition of Hillrom for approximately USD 10.5 billion in cash. Amounting to a total enterprise value of approximately USD 12.4 billion including assumption of debt, the transaction is expected to close in early 2022. More...07 Sep 2021
Fujifilm Lauded by Frost & Sullivan for Disrupting OR Space with Systems Integration Solution
FUJIFILM Medical Systems USA, Inc. (Lexington, MA, USA) has been awarded the 2021 Global New Product Innovation Award by Frost & Sullivan (San Antonio, TX, USA), a growth strategy consulting and research firm, based on its recent analysis of the global market for operating room (OR) systems integration. More...17 Aug 2021
MEDICA 2021 and COMPAMED 2021 to Restart as In-Person Events from November 15-18, 2021 in Germany
MEDICA 2021, the world’s no. 1 medical trade fair, and COMPAMED 2021, the international main event for medical technology suppliers which is held in parallel, will start up again as in-person events. More...17 Aug 2021
Global AI in Medical Diagnostics Market Projected to Reach USD 3.87 Billion by 2025
The global AI in medical diagnostics market is projected to grow at a CAGR of 50.2% from USD 505 million in 2020 to USD 3.87 billion by 2025, driven primarily by government initiatives to increase adoption of AI-based technologies, increasing demand for AI tools in the medical field, growing focus on reducing the workload of radiologists, influx of large and complex datasets, growth in funding for AI-based start-ups, and growing number of cross-industry partnerships and collaborations. More...29 Jul 2021
RSNA 2021 to Be In-Person Event with Demonstrations of Latest Medical Imaging Technologies in CT, MRI and AI
The world's largest radiology forum is all set to offer robust in-person scientific assembly and technical exhibition with demonstrations of the latest medical imaging technologies in CT, MRI, artificial intelligence (AI), 3D printing and more. More...23 Jul 2021
BD Seeks to Transform Patient Experience Through Vision of 'One-Stick Hospital Stay'
Becton, Dickinson and Company (BD Franklin Lakes, NJ, USA) has taken a large step forward in transforming the patient experience through a vision of a "One-Stick Hospital Stay," building on its history of innovation and leadership in blood collection and vascular access solutions. More...21 Jul 2021
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In Other News
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
Hologic Acquires SOMATEX Medical Technologies
Hologic Receives FDA Clearance for Genius AI Detection Technology for Early Breast Cancer Detection
COVID-19 Acceleration and Rising Severity Driving Global Ventilator Market
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
HospiMedica Industry News channel updates the reader on mergers and takeovers, on cooperative agreements and on trends in the healthcare industry worldwide.