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How Brexit will affect the UK healthcare market in 2020February 26, 2020After three-and-a-half years of long and often tedious negotiations, the UK finally left the EU on January 31. Despite the official exit date, a long road is ahead for all parties to come to agreement on the official terms of the exit, due by the end of this year, on Dec. 31. During this 11-month period, the UK will continue to follow all EU rules, and its trading relationship will remain the same. It is also during this time that many agreements likely to affect the healthcare market will be negotiated. The Healthcare Technology team at Omdia discusses what has happened over the last few years and what is likely to occur in the next few years.
How will Artificial Intelligence Impact Medical Imaging in 2020? RSNA 2019 Round-upJanuary 28, 2020The IHS Markit Healthcare Technology team recently attended the annual Radiological Society of North America (RSNA) 2019 meeting in Chicago in December. The general buzz around artificial intelligence (AI) was still very prominent at the show, with vendors showcasing AI integrated software algorithms that promise to reap the rewards to those that invest. This insight provides an overview of the core AI trends witnessed at show, and what 2020 has in store for AI in medical imaging.
Ventilator manufacturers continue to focus on patient safety and workflow to help win dollarsMay 24, 2019With the growing trend to focus on the quality of care provided by healthcare institutions, the critical care ventilator market has seen several transitions over the last few years. The ventilator market in developed regions is largely saturated; additionally, with continued focus on reducing healthcare spending, these markets are becoming increasingly price sensitive.
Artificial intelligence: The apple of the monitor’s eye?May 09, 2019Artificial intelligence (AI) continues to be a conversation starter throughout the medical industry. Its utilization to improve healthcare provision and efficiency is welcomed with both excitement and anticipation. As monitoring products collect vital information on patient status, they are heavily involved in providing the data utilized to make informed choices through predictive analysis in the patient care pathway.
Sensors are here to stay: Impact on traditional patient monitorsJanuary 07, 2019Patient care is shifting from curative to preventative care, with investment heavily placed on limiting avoidable adverse events. Patient diagnosis is happening earlier to reduce the impact to the patient, and the subsequent cost to the provider. It is believed that by focusing on monitoring key health indicators, earlier diagnosis will ultimately reduce healthcare expenditure on non-communicable diseases (NCDs), which may have previously gone unnoticed until they required major and costly treatment. Patients are becoming much more involved in the decisions surrounding their own care paths.
Patient monitoring: Any signs of a pulse?December 03, 2018There has been a shift change in the patient monitor market, with innovation focused on improving cost efficiency, work-flow, and coverage of patient status. The continual push to monitor a patient status throughout the treatment pathway has increased demand for low-acuity monitoring. This has been further compounded by the increased throughput of patients, in addition to treatment in an ambulatory or outpatient setting. The new IHS Markit ‘Patient Monitors Report – 2018’ outlines the key technological trends in the market, and their subsequent impact on market growth and competitive environment.
Ultrasound companies will highlight three major technology trends this week at European Congress of RadiologyFebruary 28, 2018The 2018 European Congress of Radiology (ECR) kicks off today in Vienna. ECR is one of the leading global events in radiology, and the congress will welcome nearly 27,000 attendees from over 140 countries. Three hundred exhibitors, 50 of which specialize in ultrasound, will display radiology equipment and products, and the largest international companies will host ‘Satellite Symposia’, company-sponsored educational sessions, during the congress. The on-show guide to the congress provides an outline for each Satellite Symposia and shows that ultrasound companies will focus on three technologies during the sessions—fusion imaging, contrast enhanced ultrasound (CEUS), and shearwave elastography. These technologies and their influence on the global ultrasound market are defined and discussed below.
In 2018, Analytics and AI in Healthcare Look to Take Center StageJanuary 04, 2018The 103rd Scientific Assembly and Annual Meeting of the Radiological Society of North America (RSNA) brought together over 50,000 attendees at Chicago’s McCormick Place from November 26th to December 1st, 2017. Companies of all sizes brought their A game to the exhibit floor with leading companies showcasing gargantuan booths filled with the latest and greatest medical imaging technologies.
Apple risks new categories with iPhone 6 phablet and Apple WatchSeptember 09, 2014Apple launches its first wearable -- the Apple Watch -- as well as revitalizing its iPhone range and moving into mobile payments with Apple Pay. Apple's bold new products depend on the continued success of the iPhone to succeed, but with a 2015 availability data, Apple has many things still to do to finish its first generation smartwatch.
South East Asia – True Growth Vs Market PotentialJune 02, 2014Growth in China and Latin America has supported the global ultrasound market in recent years as mature, developed markets contended with unfavorable economic conditions and healthcare reform. As growth in these markets begins to plateau, the underserved South East Asia region represents an important growth opportunity for ultrasound suppliers. Yet, tapping this huge potential remains challenging with year-on-year realized revenue growth for ultrasound systems underperforming. The potential of these markets is undoubtedly large, underpinned by government investment. However, the complicated dynamics of individual countries presents a complex and challenging environment for suppliers, with many struggling to translate potential into sales.Subscribers Only
Consumer Medical Devices Set for Stable Market GrowthOctober 11, 2013The world market for consumer medical devices will enjoy steady growth in the years ahead as aging populations climb in number and diseases exacting their toll require observation and supervision. Global revenue for ...