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Image: IoT applications offer advantages to health care providers and patients, which can greatly improve healthcare options and services (Photo courtesy of Datafloq).

IoT-Enabled Healthcare Equipment Market Projected to Reach USD 69.7 Billion by 2023

The global IoT-enabled healthcare equipment market is projected to grow at the rate of 29.9% annually from USD 18.8 billion in 2018 to USD 69.7 billion in 2023, driven by digitization during the forecast period. Medical devices companies are transforming from device or consumable providers to disease and care management organizations. Digitization in acute or chronic care is greatly aided by IoT-enabled medical devices, such as subcutaneous drug delivery units, continuous glucose monitors and vitals monitoring equipment. The emergence of digital enterprises such as Google and Apple in the consumer health space has led to development of new opportunities and innovations for medical devices companies. More...
06 Nov 2019
As AI in medicine grows, cccess to data, collection of patient symptoms and the communication of corresponding treatments are the major functions that need the highest integration of AI in the industry (Photo courtesy of iStock).

AI in Medicine Projected to Reach USD 17.02 Billion by 2024

The artificial intelligence (AI) in medicine market was valued at USD 2.24 billion in 2018 and is projected to register a CAGR of 40.15% during the forecast period, 2019-2024 to reach a value of USD 17.02 billion by 2024. The rapidly increasing adoption of cloud computing techniques has facilitated the adoption of AI solutions for mining large amounts of data to identify mistakes in the present scenarios and offer alternative solutions in complex situations. More...
05 Nov 2019
Clear Image Devices
Image: At this year’s MEDICA, the MCHF will present state-of-the-art solutions and hold sessions on the Internet of Medical Things (IoMT) (Photo courtesy of Prezi).

MEDICA Healthcare Forum to Present New State-of-the-Art Solutions

Visitors to this year’s MEDICA trade fair will be presented with groundbreaking innovations for tomorrow’s medical progress. More...
17 Oct 2019
Image: ZOLL Medical has completed its acquisition of Cardiac Science (Photo courtesy of iStock).

ZOLL Medical Completes Acquisition of Cardiac Science

ZOLL Medical Corporation, which manufactures medical devices and related software solutions, has completed the previously announced acquisition of Cardiac Science Corporation, a provider of automated external defibrillators (AEDs), related services, and accessories. More...
10 Sep 2019
Image: The global ECG market is expected to continue to grow over the forecast period 2019-2023, driven primarily by technological advances (Photo courtesy of Getty Images).

New-Generation Devices Aid Growth of Global ECG Devices Market

The global electrocardiography devices (ECG) market is projected to grow at a CAGR of over 6% over the forecast period 2019-2023, driven primarily by technological advances, which have helped in developing easy-to-use devices with reduced size and enhanced portability. More...
22 Aug 2019

Bracco Imaging Acquires Blue Earth Diagnostics to Expand Portfolio

Bracco Imaging S.p.A. has signed a definitive agreement to acquire Blue Earth Diagnostics, a molecular imaging company. More...
06 Jul 2019
Image: The surgical imaging market growth is expected to be driven by an increased demand for minimally invasive procedures, advantages offered by flat panel detector c-arms and rise in healthcare expenditures (Photo courtesy of iStock).

Global Surgical Imaging Market to Reach USD 1.49 Billion by 2026

The global surgical imaging market was estimated to be worth USD 1.06 billion in 2018 and is projected to grow at a CAGR of 4.3% during the period 2019–2026 to reach USD 1.49 billion by 2026. More...
06 Jul 2019

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