Tag Archives: medical

EU Pushes to Tighten Medtech Regulations

By Jill | Uncategorized, , , , , , ,

In 2011, it was revealed that the French firm Poly Implant Prothèses (PIP) had been using cheap, industrial silicone, not intended for medical purposes, in breast implants for a decade. As the world’s third largest global supplier of breast implants, the scandal affected 100,000 women in Europe and 400,000 women globally. The scandal moved the […]

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Medical Diagnostics is Moving Ahead

By Jill | Medical Devices, , , , ,

While many people take it for granted, the ability of the modern medical establishment to diagnose diseases and disorders is astounding. In addition to medical expertise, doctors rely on numerous medical devices for diagnostic testing.

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2013 Medtech Scorecard

By Jill | Editorial, , , , , , , ,

The healthcare industry is big and getting bigger, worth nearly $2 trillion in 2012. The medtech industry generated $110 billion in the United States and $44 billion in exports. But even as U.S. companies lead the world in research, innovation, and manufacturing, medtech investing has been in the doldrums for the last few years.

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Informed and Engaged Patients Experience Better Care Results

By Jill | Editorial, , , , , ,

If there were a super-drug that could reduce the mortality rate for patients with heart disease by 76%, it would be considered the medical discovery of the century. While no such drug exists, a program called Collaborative Cardiac Care Service (CCCS) instituted by Kaiser Permanente in Colorado has achieved those astounding numbers and saved lives.

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Medtech and the Chinese Market

By Jill | Medical Devices, , , , , , , ,

With nearly 1.4 billion people, China is the most populous nation on earth. And the number of middle class Chinese now stands at 474 million—more than the entire population of the United States. Naturally, this makes China one of the world’s fastest growing markets for medtech devices.

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Know your Medtech!

By Jill | Medical Devices, , , , , ,

In 1650, a German Jesuit named Athanasius Kircher invented the ear trumpet, a funnel-shaped device to collect sound waves and direct them into the ears of nearly deaf patients. Medical technology has come a long way since then, and today medtech devices include robots for physical checkups and electronic “aspirins” that prevent migraines by blocking […]

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What Is Driving Medical Device Sales In 2013

By Jill | Medical Devices, , , , , , , , , , ,

When Medtronic manufactured the first pacemakers more than 50 years ago, physicians did not know what they were. The idea of implanting a man-made device in a patient’s chest sounded crazy. It was up to sales reps to teach doctors how pacemakers worked and how they could be used to safely treat patients. Reps had […]

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Therapeutic Technologies Are Changing The Way We Recover

By Jill | Medical Devices, , , , , , , ,

In 2011, an IBM supercomputer named Watson defeated two reigning champions on the TV quiz show Jeopardy, winning the first prize of $1 million. Watson has a 15-terabyte data bank of human knowledge—more than 15 times Wikipedia—and can process the equivalent of a million books per second.

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Implications of the 2.3% Device Tax Associated with Obamacare

By Jill | Medical Devices, , , , , , , , ,

When the Affordable Care Act, or Obamacare, was signed into law in 2010, it contained a 2.3% excise tax on gross sales of medical devices. The tax applies to a wide range of products, from bedpans to the most advanced heart devices, as well as companies, from emerging healthcare startups to brand-name medical device companies. […]

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