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Image: The global refurbished medical devices market is expected to grow more than 10% by 2023 (Photo courtesy of iStock).

Global Refurbished Medical Devices Market to Increase by 10% by 2023

The global refurbished medical devices market is expected to grow at a CAGR of over 10% during the forecast period 2019-2023, driven by the organized healthcare ecosystem in the developed economies. Moreover, privatization in the healthcare sector is increasing rapidly due to the inability of governments to invest efficiently in the sector, coupled with high demand for innovation and technology for superior healthcare services. More...
20 Nov 2018
Image: The OpenSight Augmented Reality System (Photo courtesy of Novarad).

OpenSight Augmented Reality System for Microsoft HoloLens Cleared by FDA

The FDA has granted 510(k) clearance to the OpenSight Augmented Reality System, making it the first AR medical solution for Microsoft HoloLens to be cleared for use in pre-operative surgical planning. Developed by Novarad, a provider of specialized enterprise imaging and workflow solutions, OpenSight renders 2D, 3D and 4D images of patients interactively, while accurately overlaying them directly onto the patient’s body. More...
12 Nov 2018
Image: The self-contained AR device is designed to provide an immersive AR experience in which surgeons can interactively explore data in three dimensions (Photo courtesy of Beth Israel Deaconess Medical Center).

New AR Device Helps Cardiologists Plan and Perform Complex Procedures

Augmented Reality (AR), a technology that superimposes computer-generated information on a user's view of the real world, offers a new platform to help physicians better visualize complex medical data, particularly before and during medical procedures. More...
12 Nov 2018
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
Image: The global medical robots market is estimated to grow to almost USD 29 billion in 2025 (Photo courtesy of iStock).

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
Image: Stryker has entered an agreement to acquire Invuity for approximately USD 190 million (Photo courtesy of iStock).

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


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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