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Image: The AI-powered command center will be designed to bring all elements of a patient’s hospital experience together (Photo courtesy of Business Wire).

GE Healthcare to Implement First AI-Powered Hospital Command Centers

GE Healthcare is collaborating with hospital service providers in Europe and the US for implementing an artificial intelligence (AI)-powered command center to effectively and efficiently synchronize all elements of a patient's hospital experience. The AI-powered system will support caregivers to enhance patient safety, orchestrate seamless care delivery and get patients back home sooner. More...
15 Oct 2018

Medical Robots Market to Reach USD 28 Billion in 2025

The global medical robots market is estimated to grow with a CAGR of 22.3% from USD 5.74 billion in 2017 to USD 28.78 billion in 2025, driven by increasing training programs for robotic surgeries and a rise in the usage of robots across various healthcare fields such as surgeries, therapies, rehabilitation, pharmacy dispensing, sanitation and others. These are the latest findings of Research and Markets, a global market research company. More...
02 Oct 2018
Image: The global EHR-EMR market is expected to grow to USD 120 billion by the end of 2023 (Photo courtesy of OpenPR).

Technological Advances to Fuel EHR-EMR Market Growth

The global EHR-EMR market is expected to grow at a CAGR of 10.9% from USD 70 billion in 2016 to USD 120 billion by the end of 2023, driven primarily by an increase in the volume of medical records which requires proper management and storage. These are the latest findings of Market Research Future, a market research company. More...
01 Oct 2018

Stryker Corporation to Acquire Invuity

Stryker Corporation has entered into a definitive agreement with Invuity, Inc, to acquire all of its outstanding shares for USD 7.40 per share in cash, implying a total equity value of approximately USD 190 million. More...
01 Oct 2018

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
Image: Research suggests that medical device organizations need to align with the business landscapes of targeted countries in order to achieve commercial success (Photo courtesy of iBS).

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
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HospiMedica Industry News channel updates the reader on mergers and takeovers, on cooperative agreements and on trends in the healthcare industry worldwide.