MedTechFuture
Helping you stay on top of the latest developments in the medical device industry.
Stay Up-to-Date with our Monthly MedTechFuture Newsletter
Stay Up-to-Date with our Monthly MedTechFuture Newsletter
July 8, 2020
Medtronic has received a CE mark for its Micra AV Pacemaker, the world’s smallest pacemaker with atrioventricular (AV) synchrony. This device is used to treat AV block, a condition marked by impaired neural signals between atrial and ventricular chambers in the heart. AV block can lead to irregular beat, and in some cases, increased risk......
July 8, 2020
Boston Scientific has been granted FDA 510(k) clearance for their LUX-Dx insertable cardiac monitor system. This long-term diagnostic device is used to detect arrhythmias from conditions such as atrial fibrillation, syncope, and cryptogenic stroke. The LUX-Dx’s multi-stage algorithm first detects potential arrhythmias, then verifies them. When an arrhythmia is verified, clinicians are immediately alerted, so......
July 7, 2020
Beckman Coulter has been granted Emergency Use Authorization by the FDA for its new COVID-19 antibody test. This approval comes after being tested by the top four in vitro diagnostic manufacturers in the U.S. to validate its efficacy. This test is likely more effective than other tests, as most others test for the immunoglobulin (IgM)......
July 7, 2020
The most recent integrated continuous glucose monitor (iCGM) from Abbott, the Freestyle Libre 2, has been granted FDA approval for sale in the U.S. to adults and children over the age of four with diabetes. The Freestyle Libre 2 has several innovative features. It is the only iCGM system that measures glucose levels each minute,......
July 6, 2020
MRI is commonly used to identify tumors. New research at UC Davis has developed a double-contrast MRI technique to detect small tumors. This technique makes use of magnetic resonance tuning – a phenomenon wherein two nanoscale magnetic elements interact. One enhances the signal, and one quenches the signal. The degree to which quenching occurs depends......
July 6, 2020
According to the latest market analysis by iData Research, the U.S. atherectomy market is expected to remain as one of the biggest contributors to the growth of the peripheral vascular market. While often performed in conjunction with other procedures, such as angioplasties, atherectomy procedures have been experiencing double-digit growth rates for the past two years......
July 6, 2020
The FDA has granted approval of the Cochlear products Nucleus Kanso 2 Sound Processor, Nucleus 7 Sound Processor for Nucleus 22 Implant users, and the Custom Sound Pro fitting software. Kanso 2 According to Cochlear, the Kanso 2 is the world’s smallest off-the-ear sound processor for cochlear implants. It is also the first of its......
July 3, 2020
According to the latest market analysis by iData Research, there were over 12,000 intravascular lithotripsy procedures performed in the United States in 2020. This number is expected to experience incredible growth and double in number by 2026. This growth can be attributed to two main factors: the creation of procedure codes by CMS, and successful......
July 3, 2020
Based on the latest Laparoscopic Devices market analysis by iData Research, there are over 2.5 million laparoscopic surgeries performed in the US every year. Laparoscopy remains one of the most common minimally invasive surgical techniques, providing benefits of faster patient recovery, shorter hospital stays, and fewer post-operative complications. However, in the light of the COVID19......
July 3, 2020
Based on the latest market study by iData Research, there are over 1 million hernia repair surgeries performed every year in the United States. A hernia is a condition in which part of the intestine bulges through a weak area in the abdominal muscles, so hernia repair involves repositioning this intestine back into the body......
June 26, 2020
Olympus has launched its most advanced endoscopy system to date, titled EVIS X1. This system builds upon previous technology by increasing intuitive control, and including several new features. Firstly, the EVIS X1 contains extended depth of field ability. This provides seamless magnification, and high magnification ability available at the touch of a button. The system......
June 26, 2020
Endoscopies can present a risk of spreading viral infections, if thorough protective measures are not taken. Bronchoscopes appear to carry the most significant risk. However, most procedures pose some level of risk, including colonoscopies. As continuing endoscopic procedures is integral for supporting some patients’ well-being, it is important to consider strategies to move forward while......
June 24, 2020
Vivex is a company based out of Atlanta, Georgia, that specializes in regenerative medicine. Vivex has developed the VIA Disc, an innovative injectable treatment for degenerative disc disease. The first major clinical study regarding this treatment was conducted recently, with promising results. Lower back pain is the leading cause of work disability in the world......
June 22, 2020
The FDA has granted 510(k) clearance for the Osteo3 ZP Putty from Sirakoss Ltd. Sirakoss is based out of Aberdeen, Scotland, and originated from research conducted out of the University of Aberdeen. Sirakoss produces nanosynthetic bone regeneration products, providing an alternative to other devices used in spine and trauma bone grafts. Products such as these......
June 22, 2020
From the onset of COVID-19, changes were made to various facets of healthcare systems, including the Spine Surgery industry. Many of these changes were adopted in a reactionary manner, in order to protect those at risk. However, it has become evident that some of these changes bear issues that must be addressed to ensure optimal......
June 22, 2020
Augmedics, a company based out of Chicago, gained FDA approval for the sale of its XVision Spine System in the U.S. in December 2019. Now, this technology has been used for its first spine surgery in the U.S. Using the patient’s CT scan data, the XVision Spine System provides a 3-dimensional visualization of the patient’s......
June 5, 2020
Abiomed has been granted FDA emergency use authorization for its Impella RP – a temporary heart pump to support circulatory system functioning in patients with right side ventricular failure. The FDA has granted EUA for this device to treat COVID-19 patients, as some of them have suffered from right heart failure due to the virus,......
June 2, 2020
According to the latest vascular access device and accessories market analysis by iData Research, there are over 2.7 million peripherally inserted central catheter (PICC) insertion procedures performed each year in the United States. The overall US vascular access market was valued at $4.8 billion by 2020 and is expected to reach $5.7 billion in 2026.......
June 2, 2020
Bardy Diagnostics‘ 14-day Carnation Ambulatory Monitor (CAM) patches have previously been used in U.S. hospital settings, but they have now been granted a CE mark for these products. The patches allow for a longer period of monitoring than previous products, that were used for 2 or 7-day periods. Longer monitoring periods provide healthcare providers with......
May 28, 2020
According to the latest market analysis by iData Research, the US vascular access market was valued at $4.8 billion by 2020 and is expected to reach $5.7 billion in 2026. One of the biggest contributors to this growth will be the PICC, CVC, and PIVC line insertion and securement accessories market. This market growth is primarily......
May 27, 2020
The FDA has recently granted clearance for the portable AiRTouch X-ray device developed by Aspenstate to be used for humans. This small, handheld device joins the array of telehealth products being developed recently. This device is paired with a touchscreen for an intuitive interface, and it can upload images directly to clinical storage systems, without......
May 26, 2020
The FDA has recently granted 510(k) clearance to Philips for a range of its devices to be used to manage COVID-19 patients in the U.S. The approved products include the Affiniti series, EPIQ series, Lumify, CX50, and Sparq system. These ultrasound devices are used to monitor and manage patients suffering from COVID-19 complications. This range......
May 20, 2020
Zebra Medical Vision, based in Israel, has recently been granted FDA 510(k) approval for its artificial intelligence product that detects vertebral compression fractures. There currently exists a major problem with under-detection and under-reporting of vertebral compression fractures. Zebra Medical Vision states that a large proportion of these fractures remain unreported or missed. This can have......
May 19, 2020
Nevro Corp., a medical device company located in Redwood City, California, has earned a CE mark for its product the Senza Omnia, which provides spinal cord stimulation (SCS) for pain relief. Existing research suggests that SCS generally provides positive outcomes for patients. A recent literature review funded by Nevro Corp. found that 10kHz SCS, in......
May 15, 2020
The gradual re-introduction of elective surgeries throughout North America has major implications on the future of the dental industry. Currently, practices are beginning to re-open, in accordance with the general easing of restrictions in public institutions and places. During the temporary closure of dental practices to all but emergency treatments, a significant portion of potential......
May 13, 2020
In Europe, respiratory device manufacturer ResMed has accelerated their process of launching remote tracking of ventilators, to combat the ongoing COVID-19 crisis. This cloud-based technology provides healthcare professionals with clinical data while patients are at home. This tackles several issues related to the ongoing pandemic. Firstly, it may provide increased room in hospitals, as patients......
May 7, 2020
BioIntelliSense has created a multi-symptom tracking device called the BioButton to conveniently measure health metrics, as part of the ongoing efforts to track and control the spread of COVID-19. This non-invasive device allows data to be passively collected from individuals over a period of up to 30 days at a time. As restrictions begin to......
May 7, 2020
The spread of COVID-19 infections has vastly increased mechanical ventilator usage, and with this usage comes complications for patients. According to Liberate Medical, patients who spend more than four days in ventilation are susceptible to higher hospital mortality rates, and increased complications. Liberate Medical is now among the latest companies to develop a device to......
May 6, 2020
Terumo Aortic, a company that focuses exclusively on producing devices regarding aorta, has developed the Thoraflex Hybrid to aid patients who have suffered from a thoracic aortic aneurysm, or a tear in the aortic vessel wall. These conditions are often fatal, and have low survival rates, even when patients receive prompt medical care. The device......
May 5, 2020
Vancouver-based company Lungpacer Medical has developed a single-use multi-electrode stimulating catheter that is inserted into the left subclavicle vein. It is used to stimulate the left and right phrenic nerves, providing support to the functioning of the diaphragm in patients who have respiratory issues. The device is paired with an external, reusable control unit to......
May 4, 2020
A new device has been developed to measure physical symptoms in COVID-19 patients. This non-invasive device allows medical personnel to monitor a variety of symptoms with a singular device. This throat sensor, developed by the Shirley Ryan Ability Lab and Northwestern University in Illinois, is applied on top of the skin and worn for all......
April 22, 2020
Stryker has been granted emergency use authorization (EUA) by the FDA to use its Sterizone VP4 to decontaminate used N95 respirators during the coronavirus outbreak. Under normal circumstances, N95 respirators are designed to be single-use. A recent study performed by the National Institutes of Health (NIH) confirmed that N95 respirators can be decontaminated effectively up......
April 21, 2020
The Center for Medicare and Medicaid Services (CMS) is reissuing new guidelines for states and regions seeing declining and stabilizing COVID-19 infection rates and recommending healthcare facilities in these areas to resume providing elective procedures to patients without COVID-19 symptoms. On March 18, 2020, the CMS announced they would postponing non-essential medical and surgical procedures......
April 16, 2020
Welcome to the analyst interview series where we take a closer look at specific markets and try to understand how they are being impacted by the COVID-19 virus. Through asking our market analysts a series of questions, we attempt to get an in-depth look at the current state of the market while uncovering critical market......
April 9, 2020
OncoSec and Inovio Pharmaceuticals have announced they are testing potential COVID-19 vaccines and pursuing first-in-human Phase 1 clinical trials. As of April 9, the FDA has not approved any preventative or therapeutic coronavirus vaccines for use against the SARS-CoV-2 coronavirus (COVID-19). While OncoSec has submitted an investigational new drug (IND) application for its vaccine, CORVax12,......
April 8, 2020
As ventilator shortages due to the coronavirus (COVID-19) continue to worsen throughout the Unites States, Telsa has redirected its focus to address the shortages, purchasing BiPAP breathing machines which can be re-purposed as non-invasive ventilators and shipping 1,000 ventilators from China to hospitals in California. Partnering with Medtronic, Tesla CEO Elon Musk has been reportedly......
April 6, 2020
As the impact of the coronavirus (COVID-19) pandemic evolves around the world, many of us have found ourselves facing new challenges reacting to this unprecedented global catastrophe. iData Research strives to do its part to be a source of assistance and support. We would like to reach out to everyone during this uncertain time with......
April 1, 2020
Bardy Diagnostics‘ Carnation Ambulatory Monitor (CAM™) Patch is being used by Seattle health care workers to monitor heart beat and measure QT segments in coronavirus patients prescribed HCQ experimentally. HCQ was recently authorized to treat coronavirus patients by the FDA under the Emergency Use Authorization. HCQ is commonly used to treat malaria, lupus and rheumatoid......
March 31, 2020
The rising number of COVID-19 infections worldwide has resulted in many dental offices temporarily closing to reduce possible spread of the virus and redirect dwindling personal protective supplies to front-line health care workers. Top dental companies are taking this time to offer webinars and additional continuous education (CE) opportunities to those at home due to......
March 30, 2020
In an update Thursday, the FDA clarified its stance on 3D-printing medical devices, and accessories amid the COVID-19 pandemic. As American COVID-19 infection rates skyrocket and surpass the number of infections in China, the United States has begun to face medical supply shortages. Shortages include key products like ventilators and personal protective equipment (PPE). The......
March 27, 2020
DIY Face Shields to Help Doctors Fighting COVID-19 As hospitals world wide face shortages of protective face masks, ventilators and other essential medical equipment, engineers, large companies and hobbyists have been working on alternative solutions to help protect doctors and patients. Lennon Rodgers, director of the Engineering Design Innovation Lab at the University of Wisconsin-Madison......
March 25, 2020
CMS Postponing Non-Essential Medical, Surgical, and Dental Procedures The European Society of Cardiology (ESC), the American Heart Association (AHA), the Heart Failure Society of American (HFSA) and American College of Cardiology (ACC) have issued official statements clarifying that ACE-i and ARBs have not been found to increase COVID-19 mortality rates. Physicians are recommending coronavirus patients......
March 24, 2020
CMS Postponing Non-Essential Medical, Surgical, and Dental ProceduresAt the White House Task Force Press Briefing last week, the Center for Medicare & Medicaid Services (CMS) announced that all non-essential medical, surgical and dental procedures would be postponed until further notice in order to shift priorities to treating those affected by the coronavirus outbreak. The decision......
March 23, 2020
NuVasive recalls scoliosis treatment devices NuVasive voluntarily issued an Urgent Field Safety Notice (FSN) last month recalling the MAGEC System Model X. The magnetically controlled growing rod devices, designed to brace the spine during growth and minimize the progression of scoliosis, were recalled after post-implantation separation of the actuator end cap was observed in the......
March 19, 2020
Coronavirus and Ibuprofen: Is it safe to take? Medical professionals no longer recommend using ibuprofen to manage coronavirus symptoms. The health minister of France, Olivier Véran has warned citizens to avoid taking ibuprofen to treat symptoms of the coronavirus after a report was published linking “grave adverse effects” to the use of anti-inflammatory drugs (NSAIDs).......
March 17, 2020
Dental cancellations due to mask shortage from COVID-19 hoarding As of this morning, the most recent reports show the coronavirus, COVID-19, has spread to 162 countries and infected almost 190,000 people. The total number of fatalities linked to the virus is reported to be over 7,800*. As fears surrounding the coronavirus continue to grow, the......
March 16, 2020
OrthoPediatrics Launches Large Fragment Cannulated Screw SystemOrthoPediatrics announced the limited U.S. launch of its Large Fragment Cannulated Screw System. The design is engineered to improve treatment for children with slipped capital femoral epiphysis (SCFE) and children with large bone or large fragment fractures such as fractures of the femoral neck, tibial plateau, intercondylar femur, subtalar......
March 12, 2020
Aerin Medical Wins FDA Approval for Nonsurgical Chronic Rhinitis Procedure Aerin Medical, a company that develops in minimally invasive, nonsurgical treatments for chronic nasal airway conditions, announces FDA clearance for the RhinAer™ Stylus designed to treat chronic rhinitis. According to the company’s press release, over 30 million Americans suffer from nonallergic rhinitis. Symptoms can vary......
March 11, 2020
NeuroPace RNS System for Epilepsy Received FDA Approval for MRI LabelingNeuroPace announced that its RNS® System has received FDA approval for MRI labeling, increasing number treatment options for approximately one million patients living with drug resistant focal epilepsy. Similar to a pacemaker that responds to abnormal heart rhythms, the RNS® System is programmed to detect......
March 10, 2020
Dentsply Sirona Champions Female Leadership in Dentistry Dentsply Sirona, the world’s largest manufacturer of professional dental products, celebrates this year’s International Women’s Day promoting gender equality in the dental industry by sponsoring numerous programs for career advancement and leadership for women in dentistry. With the global dental industry becoming increasingly more female, Dentsply Sirona has......
July 8, 2020
Medtronic has received a CE mark for its Micra AV Pacemaker, the world’s smallest pacemaker with atrioventricular (AV) synchrony. This device is used to treat...
July 8, 2020
Boston Scientific has been granted FDA 510(k) clearance for their LUX-Dx insertable cardiac monitor system. This long-term diagnostic device is used to detect arrhythmias from...
July 7, 2020
Beckman Coulter has been granted Emergency Use Authorization by the FDA for its new COVID-19 antibody test. This approval comes after being tested by the...
July 7, 2020
The most recent integrated continuous glucose monitor (iCGM) from Abbott, the Freestyle Libre 2, has been granted FDA approval for sale in the U.S. to...
July 6, 2020
MRI is commonly used to identify tumors. New research at UC Davis has developed a double-contrast MRI technique to detect small tumors. This technique makes...
July 6, 2020
According to the latest market analysis by iData Research, the U.S. atherectomy market is expected to remain as one of the biggest contributors to the...
July 6, 2020
The FDA has granted approval of the Cochlear products Nucleus Kanso 2 Sound Processor, Nucleus 7 Sound Processor for Nucleus 22 Implant users, and the...
July 3, 2020
According to the latest market analysis by iData Research, there were over 12,000 intravascular lithotripsy procedures performed in the United States in 2020. This number...
July 3, 2020
Based on the latest Laparoscopic Devices market analysis by iData Research, there are over 2.5 million laparoscopic surgeries performed in the US every year. Laparoscopy...
July 3, 2020
Based on the latest market study by iData Research, there are over 1 million hernia repair surgeries performed every year in the United States. A...
June 26, 2020
Olympus has launched its most advanced endoscopy system to date, titled EVIS X1. This system builds upon previous technology by increasing intuitive control, and including...
June 26, 2020
Endoscopies can present a risk of spreading viral infections, if thorough protective measures are not taken. Bronchoscopes appear to carry the most significant risk. However,...
June 24, 2020
Vivex is a company based out of Atlanta, Georgia, that specializes in regenerative medicine. Vivex has developed the VIA Disc, an innovative injectable treatment for...
June 22, 2020
The FDA has granted 510(k) clearance for the Osteo3 ZP Putty from Sirakoss Ltd. Sirakoss is based out of Aberdeen, Scotland, and originated from research...
June 22, 2020
From the onset of COVID-19, changes were made to various facets of healthcare systems, including the Spine Surgery industry. Many of these changes were adopted...
June 22, 2020
Augmedics, a company based out of Chicago, gained FDA approval for the sale of its XVision Spine System in the U.S. in December 2019. Now,...
June 5, 2020
Abiomed has been granted FDA emergency use authorization for its Impella RP – a temporary heart pump to support circulatory system functioning in patients with...
June 2, 2020
According to the latest vascular access device and accessories market analysis by iData Research, there are over 2.7 million peripherally inserted central catheter (PICC) insertion...
June 2, 2020
Bardy Diagnostics‘ 14-day Carnation Ambulatory Monitor (CAM) patches have previously been used in U.S. hospital settings, but they have now been granted a CE mark...
May 28, 2020
According to the latest market analysis by iData Research, the US vascular access market was valued at $4.8 billion by 2020 and is expected to reach...
May 27, 2020
The FDA has recently granted clearance for the portable AiRTouch X-ray device developed by Aspenstate to be used for humans. This small, handheld device joins...
May 26, 2020
The FDA has recently granted 510(k) clearance to Philips for a range of its devices to be used to manage COVID-19 patients in the U.S....
May 20, 2020
Zebra Medical Vision, based in Israel, has recently been granted FDA 510(k) approval for its artificial intelligence product that detects vertebral compression fractures. There currently...
May 19, 2020
Nevro Corp., a medical device company located in Redwood City, California, has earned a CE mark for its product the Senza Omnia, which provides spinal...
May 15, 2020
The gradual re-introduction of elective surgeries throughout North America has major implications on the future of the dental industry. Currently, practices are beginning to re-open,...
