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- Date Published
White paper on COVID-19 impact - Update on the world’s major healthcare device marketsMay 01, 2020The Healthcare Technology team at Omdia has reviewed several of the core medical device markets to understand how the pandemic is changing purchasing and affecting demand at a time of critical decision-making. The team’s expertise has been garnered to provide an update on the key medical imaging and clinical care markets to serve as a guide for the healthcare industry during a time of uncertainty.
Pressure builds in medical device industry as new MDR regulations loom amid COVID-19 crisisApril 14, 2020The EU's $125 billion medical device market is facing significant pressure as the deadline for the MDR requirements looms closer, coming into effect on May 26, 2020.
Strong uplift in shipments expected for ventilators, despite current extreme shortageApril 01, 2020As the daily toll of those sickened from the coronavirus continues to rise across the globe, an acute shortage of ventilators is prompting a desperate search for the critically needed machines, prompting government-led initiatives as well as private-sector partnerships to come up with new ventilator solutions.
Advancing clinical decision support and telehealth in times of crisis - Insight from a virtual HIMSS 2020March 26, 2020The Healthcare Information and Management Systems Society (HIMSS) had to cancel its annual health IT conference due to growing concern over the novel coronavirus (COVID-19) outbreak, which was quickly becoming a pandemic. This marked the first time in nearly sixty years that the conference has been cancelled and as we have seen since, not only has every other conference been canceled or postponed, but entire cities are now under quarantine. To salvage as much of the conference as possible, many of the scheduled on-site meetings carried on remotely. During the meetings vendors highlighted technology that could potentially ease the strain for which many healthcare systems are now experiencing, a few examples are included in this insight.
Market for cancer-fighting radiotherapy and proton therapy equipment to be worth $6.6bn 2020March 26, 2020The global market for radiotherapy and proton therapy equipment will continue to grow given the need to deploy more cancer equipment to battle the disease in the years to come, new research at Omdia shows.
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.
Infervision’s AI provides triage in the fight against the coronavirusFebruary 18, 2020IHS Markit (now a part of Informa Tech) speaks with Dr. Matt Deng, Chief Scientist and Director of Infervision North America, about the company’s targeted AI which has already been used in 10,000 coronavirus cases.
Healthcare (technology) is on the 2020 presidential ballotFebruary 05, 2020Although the year 2020 has only just begun, it is gearing up to be a monumental year for politics in the United States. From the impeachment trial of President Trump in January and February, to the Democratic Party primaries spanning from February to July, and the presidential election in November, the 2020 agenda is jam-packed. Events throughout the year could have lasting repercussions on the political and economic landscape of the country, nearing the top of the list of Americans concerns is healthcare policy.
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.
Artificial Intelligence (AI) for medical diagnosticsJanuary 16, 2020It is clear that the application of AI within healthcare is here to stay. Part of the AI research Omdia been conducting over the last two years has been focused on machines developed primarily for medical diagnostics and drug discovery, with our most recent reporting now covering more than $8 billion in venture funding for 363 machines and counting...
HLTH 2019 Tradeshow SummaryNovember 11, 2019HLTH 2019 – Creating health’s future is all about about AI and asynchronous healthcare delivery.
Gathering for the future of health technologyOctober 24, 2019From October 27 through October 30, 2019, IHS Markit Technology (now part of Informa Tech), will be at the annual HLTH conference in Las Vegas, Nevada. As last year, the focus of this forum will be to “create” the future of health. More than 2700 companies, from various sectors and industries, public and private, national and international will join forces on tackling one of the most important topics of the 21st century.
C-MIMI: Driving AI adoption in clinical practiceSeptember 23, 2019The Annual Conference on Machine Intelligence in Medical Imaging (C-MIMI) brought researchers, clinicians, and industry experts together to discuss the latest developments in artificial intelligence (AI) for radiology applications. Dozens of scientists presented their research on the latest machine learning algorithms, clinical applications, and datasets during the two-day conference. Radiologists in the audience asked several challenging questions of the researchers, many of which revolved around a central theme: How can AI solutions provide real value to clinicians today?
GE Healthcare wins the race for the first FDA clearance for mobile X-ray device embedded and powered by AI algorithms to detect collapsed lungSeptember 17, 2019The Critical Care system will pave the way for many more AI embedded (edge inference) and powered X-ray devices to enable more accurate and timely diagnosis for critical conditions, relieving the burden radiologists are facing with increasing patient caseloads.
HIMSS Europe & Health 2.0 2019 event summaryJune 24, 2019This tradeshow summary discusses the main themes and topics at the HIMSS Europe and Health 2.0 2019 conference in Helsinki, Finland, which took place on June 11-13, 2019. In addition, key insights are drawn based on vendor meetings, keynote presentations and scientific sessions at the show.
Personalization Pushes the 'Quantified Self' Towards the 'Enhanced Self'June 06, 2019In 2018, personal health technologies exceeded $10 billion in global sales. For nearly a decade, the demand for personal health monitoring has been driven by a thriving health and wellness sector, rise in disease prevalence, and an ageing population. In a global context, ownership of health or fitness monitors has become a norm and there is a positive consumer sentiment in quantifying personal health as a basis for health improvement.
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.
American Telemedicine Association (ATA) 2019 Tradeshow SummaryApril 26, 2019Connected health includes digital health (consumer medical devices, fitness devices, remote patient monitoring, health kiosks, virtual consults), connected clinical care, healthcare IT, and telemedicine. The American Telemedicine Association (ATA) conference continues to expand its coverage of connected health in its discussions and exposition...
How e-commerce can disrupt healthcare provision and distribution: The case of AmazonMarch 29, 2019Amazon is targeting four different parts of the healthcare market through two existing platforms (Amazon Web Services and Amazon Business) and two new ventures (Haven - the Berkshire Hathaway/JPMorgan Chase partnership and the acquisition of PillPack). In this special report, IHS Markit examines the potential for each of these initiatives to disrupt the healthcare market in general and the supply chain in particular.
Healthcare IT and AI: Artificial intelligence is making its way in through various initiativesMarch 19, 2019Artificial intelligence (AI) and other emerging technologies can be empowering instead of fearsome by enabling healthcare practitioners to put greater focus on patient care. This viewpoint, IHS Markit finds, is increasingly voiced throughout the healthcare industry as it adjusts to disruptive changes wrought by digital and transformative technologies.Subscribers Only