Business

Global Defibrillators Market Projected to Reach USD 11.7 Billion by 2025
The global defibrillators market is projected to grow at a CAGR of 3.4% from USD 9.6 billion in 2019 to USD 11.7 billion by 2025, driven by the rising prevalence of target diseases, growing focus on providing public-access defibrillators, and training and awareness programs on defibrillators. Additionally, the emerging markets and the development of S-ICDs and MRI-compatible ICDs and CRT-Ds are expected to offer growth opportunities for the players in the defibrillators market. However, issues related to the use of implantable and automated external defibrillators, frequent product recalls, and lack of awareness about sudden cardiac arrest in the developing countries are expected to hinder the growth of the market during the forecast period. More...17 Mar 2020

PhysioPRO II Portable Pulse Wave Therapy Provides Relief from Musculoskeletal Pain
Oceanus Medical Systems (Largo FL, USA), a leading innovator in pain management therapy products, is offering PhysioPRO II which uses Radial Pulse therapy, a non-surgical pain management technique that is helpful in the relief of musculoskeletal pain. More...03 Mar 2020

Global Medical Robotics Market to Reach USD 13.90 Billion by 2026
The global medical robotics market is projected to grow at a double-digit CAGR from 2019 to 2026 to reach USD 13.90 billion by 2026, driven by the increasing demand for minimally invasive surgery, rising prevalence of gynecology, urology and orthopedic disorders, increasing aging population, technological innovations, growing adoption of medical robots among the population and increasing clinical trials. More...10 Feb 2020

Patient Handling Equipment Market to Reach USD 12.6 Billion by 2024
The global patient handling equipment market is projected to grow at a CAGR of 7.2% from USD 8.9 billion in 2019 to USD 12.6 billion by 2024, driven mainly by the rising geriatric population, high risk of injuries to caregivers during manual handling of patients, and regulations for ensuring the safety of healthcare personnel during manual lifting processes. However, continued difficulties in handling bariatric patients are expected to limit the market growth to some extent. More...04 Feb 2020

JNJ Acquires Remaining Stake in Verb Surgical
Johnson & Johnson (New Brunswick, N.J., USA) has acquired the remaining stake in Verb Surgical Inc. (Santa Clara, CA, USA), following a successful strategic collaboration with Verily, an Alphabet company. Verb Surgical's robotics and data science capabilities, combined with Johnson & Johnson's health care leadership and global reach, aim to make medical interventions smarter, less invasive and more personalized. More...27 Jan 2020

Global Point of Care Testing (POCT) Market to Reach USD 46.7 Billion by 2024
The global point of care testing (POCT) market is expected to surpass USD 37 billion by 2025, driven mainly by the migration of POCT from the hospital environment to a range of medical environments, including the workplace, home, disaster care and most recently, convenience clinics. POCT now appears to be headed for a bigger role in diagnosis and monitoring patient care. Additionally, growing awareness about early disease diagnosis and prevention has stimulated the demand for POCT for detecting cancer and infectious disease in the early stages. Moreover, the rising incidence of infectious diseases and chronic conditions, such as cardiovascular diseases and diabetes in the developing countries such as India and China, is stimulating the demand for POCT services. More...22 Jan 2020

PENTAX Medical Clears CE Mark for New AI-Assisted Polyp Detector
PENTAX Medical (Tokyo, Japan) has cleared CE mark for DISCOVERY, its Artificial Intelligence (AI) assisted polyp detector designed to support endoscopists in finding potential polyps during a colorectal examination. More...13 Jan 2020
In Other News
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
IoT-Enabled Healthcare Equipment Market Projected to Reach USD 69.7 Billion by 2023
AI in Medicine Projected to Reach USD 17.02 Billion by 2024
MEDICA Healthcare Forum to Present New State-of-the-Art Solutions
ZOLL Medical Completes Acquisition of Cardiac Science
New-Generation Devices Aid Growth of Global ECG Devices Market
Bracco Imaging Acquires Blue Earth Diagnostics to Expand Portfolio
Global Surgical Imaging Market to Reach USD 1.49 Billion by 2026
Increased Monitoring Driving Growth of Global Fetal/Neonatal Equipment Market
Multi-Parameter Monitoring Market Driven by Home-Based Patients
Weak AI security Exposes IoT Medical Devices to Risk of Cyberattacks
Disposable Anesthesia Device Demand Driven by Lower Risk of Transmitting Infections
Cost Containment Pressure Driving Demand for Refurbished Medical Equipment
Global OR Equipment Market to Reach USD 48 Billion by 2026
Wireless Syringe Pumps a Key Trend in Global Syringe Pump Market
FDA Developing Regulatory Framework for AI-Related Medical Devices
Global Multi-Parameter Patient Monitoring Market to Reach USD 6 Billion by 2028
Global Breast Cancer Diagnostics Market to Surpass USD 2 Billion by 2022
Global ECG Devices Market to Reach USD 6.7 Billion by 2026
Advantech Launches All-in-One Computer for Healthcare Applications
Global Neonatal Ventilator Market to Surpass USD 466 Million by 2025
HospiMedica Industry News channel updates the reader on mergers and takeovers, on cooperative agreements and on trends in the healthcare industry worldwide.







