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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
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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
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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
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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
Image: DISCOVERY™ (Photo courtesy of PENTAX Medical)

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
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Global EEG Devices Market to Reach USD 2.20 Billion in 2027

 The global EEG (Electroencephalography) devices market was valued at USD 1.12 billion in 2018 and is projected to grow at a CAGR of 7.8 % over the forecast period 2019-2027 to reach USD 2.20 billion in 2027, driven mainly by the increasing prevalence of sleep disorders. More...
07 Jan 2020
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Global Anesthesia Machines (Mobile & Standalone) Market to Reach USD 7.78 Billion by 2022

 The global anesthesia machines market was valued at about USD 6.7 billion in 2018 and is projected to grow at a CAGR of 3.8% to USD 7.78 billion in 2022, driven mainly by an increasing number of surgeries worldwide. More...
30 Dec 2019


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