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Breaking Medical Device Industry News

MEDICAL DEVICE NEWS MAGAZINE

Located in the United States, Medical Device News Magazine reports the latest medical device, biotech/diagnostic industry news. Medical Device News Magazine includes medical device product launches, clinical trials, funding, acquisitions, executives on the move, FDA announcements, and more. Medical Device News Magazine is a fast, 1,2,3, easy read! Contact Medical Device News Magazine today!

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5 Pieces of Medical Equipment Every Assisted Living Home Should Have

One of the biggest benefits of opting to have a loved one cared for in an assisted living facility is that you’re ensuring they receive better medical support than you’d be able to provide in the event of an emergency.
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5 Reasons to Have More Regular Hearing Tests

Hearing aids from a reputable supplier such as Helix Hearing Care serve a similar function as glasses do for impaired vision, in that they can alleviate hearing issues but won't repair the damage.
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FACT.MR Market Reports

Burgeoning Demand for MRI-guided Radiation Therapy Systems Market to Fuel Market Growth Thorough the COVID-19 Crisis Period

The relatively new technology for integrating magnetic resonance imaging (MRI) with radiation therapy is becoming increasingly prevalent, with revenues from the MRI-guided radiation therapy systems market exceeding US$ 220 Mn in 2018, according to a recent study by Fact.MR.

COVID-19 to Substantially Increase the Demand for 3D Printing Medical Devices Market from Key End-use Industry Sectors Unveils Fact.MR

The global 3D printing medical devices market is expected to exceed US$ 1,700 Mn in revenues by 2022-end, according to a recent research by Fact.MR.
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Healthcare Safety Preparedness Post-Covid-19: Protection from Violence and Virus

If the nation has learned anything from the Covid-19 crisis, it’s that advance planning in safety preparedness is vital to our ability to respond to emergencies, whether they’re viral, violent, or otherwise.
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Precision Spine Reaches Milestone with the Reform® Modular Pedicle Screw System

The Reform® Modular Pedicle Screw System provides surgeons with increased flexibility, versatility, and visibility to meet the varying requirements of degenerative and trauma procedures.

Cerus Corporation Announces Contract with Canadian Blood Services for INTERCEPT Blood System for Platelets

“Today’s announcement is a significant milestone for Cerus as we enter the Canadian market. We are proud to partner with Canadian Blood Services to introduce pathogen inactivated platelets in Canada,” said Christian Boutemy, Cerus’ vice president, commercial operations EMEA, who is also responsible for Canada.

CONNEQT Launches Reports CardieX Limited

Upcoming products include the CONNEQT "Pulse" – a dual blood pressure monitor anticipated to be the first consumer vital signs monitor to include central blood pressure and the company's patented SphygmoCor® technology

Navitor, the Latest-Generation Transcatheter Aortic Valve Implantation System to Treat Aortic Stenosis Receives CE Mark

The latest-generation TAVI system features advancements to reduce or eliminate risk of blood leakage around valve implant. The non-surgical Navitor TAVI system offers best-in-class deliverability and access through small vessels, expanding treatment options for patients with severe aortic stenosis.

Orthofix Announces US and European Full Market Launch of OSCAR PRO System for Removal of Cement During Complex Joint Revision Surgeries

“The OSCAR PRO system is a fourth-generation product from the OSCAR line that has been the gold standard in assisting with complex joint revision surgeries since 1990,” said Orthofix President of Global Orthopedics Paul Gonsalves.

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Philips Introduces Integrated Interventional Hemodynamic System with Patient Monitor IntelliVue X3

The integration provides the opportunity for monitoring during image-guided procedures on the Philips Image Guided Therapy System – Azurion, improving workflow with comprehensive patient records that support timely clinical decision-making during interventional cardiology procedures and beyond.

Lawson Health Research Institute Found Simple Device Improves Care After Kidney Transplantation

The geko™ device, manufactured by Sky Medical Technology Ltd and distributed in Canada by Trudell Healthcare Solutions Inc., is a muscle pump activator that significantly improves blood flow by stimulating the body’s ‘muscle pumps.’

ZAP Surgical and Swiss Neuro Radiosurgery Center Announce Imminent Installation of New Gyroscopic Radiosurgery Platform for Treating Brain Tumors

ZAP-X is also the first and only dedicated radiosurgery system to no longer require Cobalt-60 radioactive sources, thus eliminating the significant costs to license, secure and regularly replace live radioactive isotopes.

Physica System Trabecular Titanium Tibial Plate – 1st Surgery Performed by Dr. Ivan De Martino

Luigi Ferrari, LimaCorporate CEO, commented: "TT Tibial plate is an important addition to the Physica system and will enable LimaCorporate to approach a new segment of the total knee market. 

Virtual Short Course Offers New Insights for Corrosion Prevention and Sustainability of Biomedical Implants and Devices

AMPP’s Corrosion Technical Series is now offering a new 6-hour short course on corrosion prevention in metallic biomaterials and biomedical devices.

Growth & Development

Healionics Raises $4.7M Equity Round to Support Commercialization of STARgraft Vascular Graft

Healionics is preparing to commercialize its innovative STARgraft vascular graft, designed to provide a safer and more reliable means to access the bloodstream for dialysis in patients with kidney failure.

UltraSight Raises $13 million to Bring AI Guidance for Cardiac Ultrasound to Patient Point of Care

The Yozma Group Korea, Atain Specialty Insurance Company and the Weizmann Institute of Science participated in the round.

Aerobiotix Raises $25M Growth Equity Financing Led by Global Healthcare Investment Firm Vivo Capital

The new funding will be used to accelerate sales, marketing, and new product development.

Xtant Medical Announces $20 Million Debt Financing with MidCap Financial

The credit agreements provide for a $12 million secured term loan at a per annum interest rate of 7.00%, plus one-month LIBOR, and an $8 million secured revolving credit facility at a per annum interest rate of 4.50%, plus one-month LIBOR. Both facilities have a five-year term.

Acquisitions & Mergers

PerkinElmer to Acquire In-Vitro Diagnostics Company Immunodiagnostic Systems Holdings PLC

IDS’s portfolio and expertise will seamlessly integrate within EUROIMMUN, a PerkinElmer company since 2017.

The Ensign Group Acquires Skilled Nursing Facility in Texas

Acquires the real estate and operations of Windsor Rehabilitation and Healthcare, a 108-bed skilled nursing facility, located in Terrell, TX.

The Pennant Group Acquires Texas Home Health Provider

The acquisition was effective May 1, 2021 and will operate under the name Custom Care Home Health.

Assure Holdings Completes Acquisition of Sentry Neuromonitoring

As a result of the closing of the Acquisition, the Company raised its guidance for full-year 2021 total procedures from 14,000 to 17,000. This number represents an anticipated increase in cases of more than 70% compared with 2020 and an increase of 165% since 2019.

Market Reports

Burgeoning Demand for MRI-guided Radiation Therapy Systems Market to Fuel Market Growth Thorough the COVID-19 Crisis Period

The relatively new technology for integrating magnetic resonance imaging (MRI) with radiation therapy is becoming increasingly prevalent, with revenues from the MRI-guided radiation therapy systems market exceeding US$ 220 Mn in 2018, according to a recent study by Fact.MR.

COVID-19 to Substantially Increase the Demand for 3D Printing Medical Devices Market from Key End-use Industry Sectors Unveils Fact.MR

The global 3D printing medical devices market is expected to exceed US$ 1,700 Mn in revenues by 2022-end, according to a recent research by Fact.MR.

Global Surgical Lasers Market to Reach $10.1 Billion by 2027

1 Billion by 2027, growing at a CAGR of 9.7% over the analysis period 2020-2027. Solid-State Laser Systems, one of the segments analyzed in the report, is projected to record a 9.2% CAGR and reach US$3.9 Billion by the end of the analysis period.

Dual Chamber Prefilled Syringes Market: Safety Prefilled Syringes will Account for nearly 30% of Revenue Share – Scrutinized Report by Fact.MR

Fact.MR’s recently collated research report, a spectacular growth has been envisaged for the global dual chamber prefilled syringes market in the forecast period (2017-2026).

Executives on the Move

Kathy Sherwood Joins Pelvital USA, Inc. Board of Directors

Sherwood's experience, which includes a diverse group of medical product companies such as Boston Scientific, American Medical Systems, St. Jude Medical, Kinetic Concepts, Transoma Medical and Medtronic, gives her an understanding of the problems faced by both large and small companies.

Dr. Michael Cantor Named Intuition Robotics 1st Chief Medical Officer

The company recently announced its plan to extend to healthcare.

Katie Arnold Appointed to BOD of InspireMD: Proven Marketing Professional

Katie Arnold joins as the company advances global commercialization and enrollment in the U.S. IDE trial of its novel CGuard EPS technology.

Bioretec appoints a Scientific Advisory Board with Leading International Pros in Traumatology and Orthopedics

Bioretec Ltd, a Finnish biotechnology company developing bioabsorbable and bioresorbable implants for traumatology and orthopedic surgery, announced the establishment of a Scientific Advisory Board...
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Acquisitions & Mergers

PerkinElmer to Acquire In-Vitro Diagnostics Company Immunodiagnostic Systems Holdings PLC

IDS’s portfolio and expertise will seamlessly integrate within EUROIMMUN, a PerkinElmer company since 2017.

The Ensign Group Acquires Skilled Nursing Facility in Texas

Acquires the real estate and operations of Windsor Rehabilitation and Healthcare, a 108-bed skilled nursing facility, located in Terrell, TX.

The Pennant Group Acquires Texas Home Health Provider

The acquisition was effective May 1, 2021 and will operate under the name Custom Care Home Health.

Assure Holdings Completes Acquisition of Sentry Neuromonitoring

As a result of the closing of the Acquisition, the Company raised its guidance for full-year 2021 total procedures from 14,000 to 17,000. This number represents an anticipated increase in cases of more than 70% compared with 2020 and an increase of 165% since 2019.

Accolade to Acquire PlushCare

Accolade to begin offering virtual primary care and mental health consultations directly to members as a result of the acquisition.

WELL Health Completes Acquisition of CRH Medical

In conjunction with this Acquisition, CRH becomes a wholly-owned subsidiary of WELL and will operate autonomously as WELL's seventh distinct business unit under the leadership of Dr. Tushar Ramani, CRH's Chair and CEO. 
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Articles of Interest

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Hospitals in the News

Princeton Baptist Medical Center First Hospital in Alabama to Deploy 7D Surgical’s Machine-Vision Image Guided Surgery (MvIGS) Technology

State-of-the-art technology reduces radiation and enhances neurosurgical patient safety.

Northwell Health Ranked Nation’s Top Health System for Diversity

New York State’s largest health care provider and private employer made the list for the ninth straight year and remained in the top spot in the 2021 DiversityInc rankings for Hospitals and Health Systems.

St. Elizabeth Healthcare Enhances Access To Cardiac Care With Multi-specialty Outpatient Building

"We opened the Heart & Vascular Institute six years ago with the goal of improving access to quality cardiovascular care for individuals in our region, and since then, we've made impressive strides in service offerings and patient outcomes," said D.P. Suresh, MD, Cardiologist and Executive Medical Director of the St. Elizabeth HVI.

Artificial Intelligence Tool Uses Chest X-ray to Differentiate Worst Cases of COVID-19

Developed by researchers at NYU Grossman School of Medicine, the program used several hundred gigabytes of data gleaned from 5,224 chest X-rays taken from 2,943 seriously ill patients infected with SARS-CoV-2, the virus behind the infections.

Northwell Health Sends Relief to India as Overwhelming Coronavirus Cases Mount

Northwell Health is readying to send desperately needed supplies, equipment and funds as the country is in the throes of a national health care...

Non Profit News

American College of Cardiology Supports FDA Efforts to End Access to Menthol Cigarettes, Flavored Cigars

Tobacco use is the leading cause of preventable death in the United States and a significant, modifiable risk factor for heart disease, which is the No. 1 cause of death in the United States.

Gregg F. Martin, Retired Army Major General, Joins SoldierStrong Advisory Board

Martin is a combat veteran, bipolar survivor, Airborne-Ranger-Engineer qualified soldier and Army strategist, who served on active duty for 36 years.

Dermatology Experts Present Latest Information at AAD VMX 2021

The AAD VMX 2021, a virtual meeting experience taking place April 23-25, will feature the latest information on skin, hair, and nails, presented by world-renowned experts in the field of dermatology.

The American College of Radiology Launches National Clinical Imaging Research Registry™ (ANCIRR)

“The ACR National Clinical Imaging Research Registry™ (ANCIRR) is the future of radiology research registries,” said Howard B. Fleishon, MD, MMM, FACR.

American Society for Reproductive Medicine Publishes Validation Study on Embryo Transfer Simulator

The study shows significant improvements in Embryo Transfer competence.

Medical Device News Magazine

MEDICAL DEVICE NEWS MAGAZINE
Medical Device News Magazine

Medical Device News Magazine keeps our readers up-to-date on breaking medical device industry news and more!

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