Business
AI to Save Healthcare Industry over USD 150 Billion by 2025
Artificial Intelligence (AI)-enabled solutions offer real-world benefits such as automated disease prediction, personalization of treatment pathways, intuitive claims management, and real-time supply chain management to ensure higher profitability and sustained competitive advantage for payers, providers and pharmaceutical enterprises. In spite of these benefits, their uptake in healthcare IT has been slow on account of strategic and technological challenges, with only 15-20% of end users actively using AI to bring about a real change in the way they deliver healthcare. More...01 Oct 2018
Chinese AI System Designed to Predict Diabetes Years in Advance
4 Paradigm, a technology company, is working with Ruijin Hospital to develop a new artificial intelligence (AI) system that will help them to identify patients at risk of developing diabetes up to 15 years in advance. The model named Ruining Knows Sugar, or Ruining Zhitang in Chinese, has achieved an accuracy rate of 88% in tests. More...24 Sep 2018

Study Examines How Medical Device Industry Can Increase Success
An aging global population, growing health awareness, and rising income levels in most emerging markets are driving the need and opportunity for high-quality medical device solutions in these regions. However, in order to capture market share in growth regions such as Asia-Pacific (APAC) and Latin America (LATAM), medical device organizations need to align their emerging-market strategies and business models in line with the regulatory and business landscapes prevailing in the target countries and markets. More...18 Sep 2018
Global Medical Robots Market to Reach USD 16 Billion by 2023
The global medical robots market is projected to grow at a CAGR of 21.0% from an estimated USD 6.46 billion in 2018 to USD 16.74 billion by 2023, driven by technological advancements, advantages of robot-assisted training in rehabilitation therapy, increased funding for medical robot research, and IPOs issued by medical robot companies. However, safety concerns over robotic surgery devices are expected to limit the market growth to some extent. Recent studies have found a number of technical difficulties and complications experienced while performing procedures using robotic systems. According to the FDA, from 2000 to 2013, surgical robots have been linked to over 144 deaths, over 1,391 injuries, and 8,061 device malfunctions. More...10 Aug 2018

Surgeons Demonstrate Efficacy of First Real-Time AI System
Digital Surgery, a health tech company founded by surgeons for surgeons and healthcare professionals, has developed and successfully demonstrated the world’s first real-time, dynamic artificial intelligence (AI) system designed for the operating room (OR). More...24 Jul 2018
Global Ambulatory Surgical Centers Market to Reach USD 97 Billion by 2024
The global ambulatory surgical centers (ASCs) market is estimated to have been valued at USD 77.1 billion in 2017 and is expected to grow at a CAGR of 3.5% to reach USD 97.3 billion by 2024, driven mainly by the growing number of surgeries performed in ASCs and increasing accidental cases. Some key advantages of using ASCs such as the personal attention received by patients and lack of exposure to a wide range of infections will also aid the market growth over the coming years. More...19 Jul 2018

Global Surgical Tables and Lights Market to Surpass USD 1.8 Billion by 2026
The global surgical tables and lights market was valued at more than USD 1.30 billion in 2017 and is projected to grow at a CAGR of over 3.0% over 2018 to 2026 to surpass USD 1.80 billion by 2026. The demand for surgical tables and lights during the forecast period is likely to be driven by developing health care infrastructure in the emerging countries and the introduction of technologically-advanced surgical tables and lights by the market players. However, constant evolution in the surgical tables and lights segment, with the introduction of new features and designs has led to high prices of these products, thereby acting as a major restraint to the market growth. More...12 Jul 2018
In Other News
New AI Software Could Reduce Patient Time at Hospitals
AI Tool Provides Health Advice On Par with Clinicians
GE to Spin Off Healthcare Business
Philips Acquires Remote Diagnostic Technologies to Expand Therapeutics
Advantech Launches Healthcare Infotainment Terminals
AI Software Platform Aims to Synthesize Biomedical Knowledge
MEDICA 2018 Launches App Competition for Smart Products
Digital Microscope Provides Advanced Visualization in OR
Algorithm Accurately Predicts Heart Failure Survival
Health Summit to Play Greater Role in Chinese Health Industry
Medical Device Connectivity Market Worth USD 2.7 Billion by 2023
New AI Software Advances Organ Printing Technology
Growing Demand for Robot-Assisted Laryngoscopy Driving Market
AR Surgical System Enables See-Through Spine Surgery
Interactive VR Assists in Treatment Planning
Global Medical Display Market to Reach USD 2 Billion by 2023
AI-Powered Early Warning Solution Facilitates Timely Intervention
Philips Launches Artificial Intelligence Platform for Healthcare
Philips Partners with Hologic to Provide Solutions for Women's Health
Machine Learning Shows Promise for Supporting Medical Decisions
AI Algorithm Could Help Fight TB and Gonorrhea
Healthcare Augmented Reality And Virtual Reality Markets to Reach USD 5 Billion by 2023
Elekta Collaborates with IBM Watson Health to Bring AI to Oncology
HospiMedica Industry News channel updates the reader on mergers and takeovers, on cooperative agreements and on trends in the healthcare industry worldwide.