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Ventilator Market Declines After the Surge in Demand due to COVID19

Based on the new market study by iData Research, the US mechanical ventilator market saw an incredible growth of nearly 33% in 2020, as ventilators have been vital tools in treating complications due to COVID-19. A ventilator’s purpose is to pump air into the lungs with a specified pressure and volume level to induce machine-dependent

Drug-Coated Balloons Market Expected to See Major Growth in 2021

Over the past few years, the peripheral vascular device market has seen substantial growth. Driven by forward-pressing research, increased awareness about treatment options, and an aging population in the United States, the total number of procedures performed and, therefore, the total number of devices used, has seen a strong and steady increase. One main disease

Top Dental 3D Printing Companies in the United States

Dental 3D printing is a rapidly evolving technology that is becoming a large part of the digital workflow in many laboratories and orthodontic settings. With the US market expected to break $100 million in 2021, over 31 companies are vying for a share of the market. Navigating this growing industry can be challenging, so we

3 Simple Ways to Stay on Top of the Volatile Market in 2021

Keeping up with the market is hard enough without a looming global pandemic swinging it out of control. Although it is difficult to stay on top of recent trends, it is essential if you want to stay ahead of the market and your competition. Continually tracking trends, identifying who is doing well and why, along

FDA Clears Catalyst OrthoScience Reverse Shoulder System

Catalyst OrthoScience Inc., a medical device company focused on the upper extremity orthopedics market, has received clearance from the U.S. Food & Drug Administration (FDA) to market its reverse shoulder system. Catalyst’s reverse shoulder system is a single-tray arthroplasty system that is made to combine beneficial and evidence-based attributes of reverse shoulder arthroplasty design. The

Top Orthopedic Companies in the United States

Did you know there are over 8.9 million orthopedic procedures performed in the United States each year, with the orthopedic biomaterials market showing the greatest forecast growth? As this market continues to grow and innovative technologies are being designed, we have compiled a list of the top companies within different categories of the orthopedics market including:  Orthopedic

Top Laparoscopy Companies in the United States

Did you know over 2.7 million laparoscopy procedures are performed every year in the United States?  Laparoscopy is continually developing towards being the least invasive approach to surgery. It had originally emerged to address complications and improve the outcomes of open surgery and is now moving towards being the most advanced robotic-assisted surgery. Many of

FDA Approval for Surgical Robot with Humanoid Arms for Transvaginal Hysterectomies

Memic Innovative Surgery, a medical device company with headquarters in Israel and Florida, received FDA authorization to introduce the first of its kind robotic surgical system that utilizes humanoid-shaped arms to achieve impressive reach and procedural safety. It is intended for benign hysterectomies or the removal of the uterus for non-cancerous conditions along with the

Medtronics Groundbreaking DTM™ Spinal Stimulation Used to Treat Chronic Pain

Medtronic recently announced the three-month results from a large, multicenter randomized controlled trial (RT) showing statistically significant and superior back pain relief through Differential Target Multiplexed (DTM™) Spinal Cord Stimulation (SCS) compared to conventional SCS. Both therapies were evaluated using the Intellis™ neurostimulator. The trials began on the hypothesis of: Do glial and neuronal cells

Zimmer Biomet’s Spin Off, ‘NewCo’ is Taking Over The Spinal and Dental Market

Zimmer Biomet recently announced they will be initiating a spin-off of their spine and dental businesses into a new, independent, publicly-traded company called 'NewCo'. Zimmer Biomet plans to have this transaction complete by mid-2022 through structures of tax redistribution of newly issued NewCo shares to ZB shareholders. From Seeking Alpha, the businesses that fall under

Are Genetically Engineered Cells the Future of Osteoarthritis Treatment?

The growing elderly demographic has been a considerable market driver within the orthopedic biomaterials market, the incidence of osteoarthritis and other forms of degenerative diseases have also been on the rise. In an effort to find a cure for such diseases researchers have been investigating the abilities of smart biomaterials.  Smart biomaterials autonomously respond to

Olympus to Thrive in the Fluorescence Imaging Market with the €50 Million Acquisition of Quest Photonic

Olympus has announced they entered into an agreement to acquire Quest Photonic Devices for up to $60.7 million (€50 million). This acquisition will support Olympus as they seek to strengthen their surgical endoscopy capabilities.  Netherlands-based Quest develops fluorescence imaging systems (FIS) enabling more surgical endoscopy capabilities compared to existing technologies. FIS refers to 4K light

How South Korea has Become the Center for Dental Tourism in Asia

Dental tourism is a growing phenomenon that has emerged and is becoming more attractive to many patients. A dental tourist is someone who, in order to minimize their costs of dental care, decides to travel abroad and becomes a tourist. Essentially, the individuals' goal is to seek dental treatment outside their country of residence, coupled

Is Machine Learning Taking over the Dentistry Landscape?

A Canadian-based company, Bluelight Analytics, recently announced that they are joining forces with 3M Oral Care to introduce Bluelight CheckUp radiometer to dentists around the globe. CheckUp was designed  to help dentists improve the outcomes of their restorative procedures, primarily light curing. Similar to nanodentistry, this AI-driven technology can become a major disruption to the

How Will Boston Scientific’s $1.2 Billion Acquisition of Preventice Solutions Impact the Market?

Boston Scientific has announced they entered a definitive agreement to acquire Preventice Solutions Inc., a privately-held company that offers a full portfolio of mobile cardiac health solutions and services, ranging from ambulatory cardiac monitors to cardiac event monitors and mobile cardiac telemetry. The transaction will include an upfront cash payment of $925 million, and up

Zimmer Biomet Trauma Implants Cleared the CE Mark, but will an FDA Approval Follow?

Zimmer Biomet’s Bactiguard-coated orthopedic trauma implants have recently received European regulatory clearance and CE mark. Preparations for registering the implants in the U.S. market are also ongoing. The Bactiguard technology was originally developed by the Swedish medical device company, which goes by the same name. The company focuses on developing solutions that reduce the risk

DePuy Synthes Receives 510(k) FDA Clearance for VELYS™ Robotic-Assisted Solution

DePuy Synthes has recently announced they received 510(k) FDA Clearance for VELYS, a robotic-assisted system designed for use with the Attune total knee system. DePuy Synthes has described the Velys platform as a first-of-its-kind, table-mounted solution with an efficient design capable of integrating into any operating room. The company said it adapts to a surgeon’s

Best Coronary Stents from the Top Brands

The total coronary stent market comprises bare-metal stents, drug-eluting stents, covered stents, and bifurcated stents. Stents can be defined as small mesh tubes inserted into an artery to prevent it from collapsing and keep it open after an angioplasty surgery (percutaneous coronary intervention, or PCI). Following multiple clinical studies that presented evidence of over-stenting in

Breakthrough FDA Approval for ACL Tears to be Healed Instead of Being Rebuilt

The U.S. Food and Drug Administration recently granted marketing authorization for an anterior cruciate ligament (ACL) implant, intended to perform as an alternative to traditional ACL reconstructions. The Bridge-Enhanced ACL Repair (BEAR) Implant, by Miach Orthopaedics, differs from the traditional surgical reconstruction as it does not require the use of harvested tendons for ACL repair

Remote Patient Monitoring is Rapidly Growing in Mainstream Healthcare

The U.S. market for patient monitoring devices and equipment includes products that are designed to measure and observe changes in vital signs or the neurological, homodynamic, and cardiac functions of a patient. Due to the effects of COVID19, health care workers have recently begun the shift to remote patient monitoring (RPM) options, such as telehealth

BioSerenity Announces FDA Clearance for Electroencephalography (EEG) Wearable Device System

BioSerenity, Inc., recently announced they received U.S. Food and Drug Administration (FDA) 510(k) clearance for the Neuronaute® Electroencephalography (EEG) System and IceCap® EEG wearable device that allows physicians to remotely monitor patients with epilepsy. In general, EEG devices record the electrical activity of neurons in the brain through electrodes placed on the scalp (non-invasive) or

How Many Cardiac Surgeries Are Performed Each Year? – New Study by iData Research

According to a new cardiac surgery market study by iData Research, the number of cardiac surgeries exceeds 900,000 procedures each year in the United States. The US Cardiac surgery market is growing rapidly driven by the growth of many underlying procedures. The number of cardiac surgery procedures commonly includes: • Coronary Artery Bypass Grafting (CABG)•

Can AI Help Improve In-Vitro Fertilization Rates?

Although in vitro fertilization solely involves a sperm and an egg, the process leading to an embryo can be more challenging than just putting the two together. In 2019, the Centers for Disease Control and Prevention (CDC) reported that approximately 10% of women in the U.S. between the ages of 15-44 had difficulty either getting

Over 190,000 Atherectomy Procedures Performed Every Year In The United States

According to a new atherectomy market study by iData Research, over 190,000 atherectomy procedures are performed each year in the United States. Atherectomy is a procedure that consists of removing atherosclerotic plaque from diseased arteries and can be performed either on coronary or peripheral arteries. Atherectomy devices are used as the treatment of choice, as

Medtronic’s MIS Drill Received FDA Approval Ahead Of Schedule

Medtronic has announced that the U.S. Food and Drug Administration (FDA) has cleared the use of navigated interbody high-speed drills with the Robotic Guidance System. Even in the midst of the COVID19 pandemic the company has received the clearance earlier than anticipated. This system now integrates the surgical planning software with robotic guidance. Spinal instruments

Nanodentistry Revolutionizing The Dental Implants Market

Nanodentistry can be defined as the science and technology of using nanostructured material to diagnose, treat, and prevent oral and dental diseases. Nanomaterials and nanorobots are of great interest when considering advances in nanotechnology. The results of many clinical studies have shown a strong potential to revolutionize the diagnosis and treatment planning as well as

Top Ventilator Companies In The World

As COVID19 is mainly affecting the respiratory system and develops the common flu-like symptoms, hospitals around the globe are facing shortages of many respiratory care devices, including ventilators. Since the breakout, the demand for ventilators has grown substantially and resulted in governmental and industrial support driving the pace of ventilator manufacturing. Due to the major

Understanding the COVID-19 Impact on Sales of Medical Devices at the SKU Level

Product managers are continuously looking for data and insights to support strategy and to find valuable market information. Companies in industries that are private and guarded find themselves in situations where their questions are usually longer and more complex than possible answers. In 2020 the emerging question is: “what is the impact of COVID-19 in

Top M&A Deals in the European Video Endoscopy Market

Based on a recent report published by iData Research on the video endoscopy market within Europe, several mergers and deals occurred over the past year. Video endoscopy systems are used to view the live, color video of the interior of the body during diagnostic and therapeutic minimally invasive surgeries (MIS). Top most impactful M&A’s and

Carestream Validates 3D Printer created by Formlabs

Formlabs has recently announced the integration of Draft Resin with orthodontic model 3D printing . This material has been named a “groundbreaking material” for rapid orthodontic aligner and retainer production due to the speed at which it can print. Draft Resin not only incorporates being the stiffest material in Formlabs repertoire but also allows users

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