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Image: The acquisition adds innovative bioabsorbable steroid-eluting sinus implants to Medtronic’s ENT portfolio (Photo courtesy of Intersect ENT)

Medtronic Completes Acquisition of Intersect ENT to Add Innovative Sinus Implants to ENT Portfolio

Medtronic plc (Dublin, Ireland) has completed the acquisition of Intersect ENT (Menlo Park, CA, USA), thereby expanding the company's comprehensive ear, nose, and throat (ENT) portfolio with innovative products used in sinus procedures to improve post-operative outcomes and to treat nasal polyps. More...
16 May 2022
Image: GE Healthcare and Medtronic have announce a collaboration to meet growing need for outpatient care (Photo courtesy of Pexels)

GE Healthcare and Medtronic Collaborate to Improve Product Access for ASCs and OBLs

GE Healthcare (Chicago, IL, USA) and Medtronic (Doral, FL, USA) have entered into a collaboration focused on the unique needs and demand for care at Ambulatory Surgery Centers (ASCs) and Office Based Labs (OBLs) that will allow customers to access extensive product portfolios, financial solutions, and exceptional service. More...
29 Apr 2022
Image: Rising number of surgeries is driving the electrosurgery market (Photo courtesy of Pexels)

Global Electrosurgery Market to Reach Almost USD 6 Billion by 2026

The global electrosurgery market is projected to grow at a CAGR of 3.6% from an estimated USD 5 billion in 2022 to almost USD 6 billion by 2026, driven by the rapidly rising number of surgeries being performed globally, an aging population, and increasing prevalence of various chronic diseases. More...
22 Apr 2022
Image: Global infusion pump market is projected to register a CAGR of 4.0% during 2022-2028 (Photo courtesy of Pexels)

Global Infusion Pump Market to Surpass USD 850 Million by 2028

The global infusion pump market will be driven by rising incidence of chronic diseases, rapid growth of the geriatric population who require home care, rising demand for ambulatory infusion pumps, and growing volume of surgical procedures performed around the world. More...
21 Apr 2022
Image: Increasing number of ICU admissions is augmenting demand for mechanical ventilators (Photo courtesy of Pexels)

Global Mechanical Ventilator Market to Surpass USD 11.5 Billion by 2027 Due to Increasing ICU Admissions

The global mechanical ventilator market is expected to register a CAGR of 12.7% during the period 2021-2027 to reach USD 11.7 billion by 2027, driven by an increase in the prevalence of chronic respiratory diseases such as lung cancer, chronic obstructive pulmonary disease (COPD), asthma, bronchitis, and other lung disorders, as well as rise in the number of hospitals and diagnostic centers. More...
19 Apr 2022
Image: Rising prevalence of chronic diseases is driving the global POCT market (Photo courtesy of Pexels)

Global Point-of-Care Testing (POCT) Market to Surpass USD 55 Billion by 2030

The global point of care testing (POCT) market was valued at USD 29.47 billion in 2020 and is expected to grow at a CAGR of 6.5% from 2021 to 2030 to reach USD 55.27 billion by 2030, driven by a rise in the prevalence of chronic diseases such as diabetes, rheumatism, and cancer and several supportive initiatives implemented by government and non-government organizations. More...
19 Apr 2022
Image: Global surgical tables market is projected to record CAGR of 3.9% over 2017-2022 (Photo courtesy of Pexels)

Global Surgical Tables Market to Surpass USD 1 Billion by 2022

The global surgical tables market is projected to grow at a CAGR of 3.9% from over USD 0.80 billion in 2017 to more than USD 1 billion by 2022, driven by improving healthcare infrastructure, rising accident cases, growing geriatric population, and increasing number of surgeries across the world. More...
15 Apr 2022

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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