Medical Device Quality Control hiring activity dropped in the medical industry in Q3 2023
Notably, Architecture and Engineering Occupations jobs accounted for an 18% share of the global medical industry’s medical device quality control-related total new job postings in Q3 2023, up 39% over the prior quarter. Architecture and Engineering Occupations drive medical device quality control-related hiring activity Architecture and Engineering Occupations, with a share of 18%, emerged as […]
Increasing diabetes awareness boosts the diabetes care devices market
CGMs have become a crucial tool for people with insulin-dependent diabetes over the past few years. Credit: Andrey_Popov via Shutterstock. November is diabetes awareness month. Around half a billion people are living with diabetes globally and that number is projected to have increased by 25% in 2030 and by 51% in 2045, according to the […]
Breathe easy: How 3D printing gives premature babies a perfect-fitting mask
“It isn’t just the mask. It’s also the way you put the mask on the baby,” says Karsten Schlichter, global business development manager, at Elkem Silicones. “Allowing the mask to remain on the baby without the straps pushing it down and putting pressure on the skin and on the head.” Schlichter is referring to how […]
VitaTek seeks $50m Series A investment to scale manufacturing biz
VitaTek has a pipeline of 33 medical device products in incubation. Credit: gorodenkoff via Getty Images. US medical device manufacturer VitaTek is launching a Series A funding round with the objective to raise $50m. VitaTek said the funding will be used to finalise the acquisition of medical device manufacturer I-Tek and conclude construction on its […]
CIONIC raises additional funding for Neural Sleeve
The funding will be used to expand the adoption of the Cionic Neural Sleeve for individuals with impaired mobility. Credit: Juan Ci / Shutterstock.com. Neurotech company CIONIC has raised an additional $12m in Series A extension financing for its Neural Sleeve. The Series A financing now stands at $25m following the latest funding round. Led […]
Digital infrastructure needed for long-term AI adoption in medical imaging
Industry experts discussed the future role of AI in medical imaging at the Med-Tech World Conference in Valletta, Malta held on 19-20 October. Image credit: Robert Barrie/GlobalData. Artificial intelligence (AI) is making waves in medical imaging, but experts say the foundations are not always there to implement it. At the ongoing Med-Tech World 2023 summit […]
Silony Medical acquires Centinel Spine fusion catalogue to enter US market
Spinal fusion is a surgical procedure that involves joining two or more bones in the spine to form a single solid bone. Image Credit: Gorodenkoff / Shutterstock. Switzerland-based Silony Medical International has completed the acquisition of the global fusion business of US-based Centinel Spine with the aim of entering the US spinal fusion market. Following […]
Robocath touts 100% success rate for R-One in carotid stenting trial
The French firm has said that its CARE trial at Rennes University Hospital saw all patients in the trial treated by its robotic system with no complications. Credit: Shutterstock / sfam_photo French robotics firm Robocath has released new results from a trial using its R-One robot for carotid stenting. Robocath said that the 2021 trial […]
Protembis secures FDA approval for PROTEMBO IDE study
The trial will be conducted between a group of randomised patients undergoing TAVR in the US and Europe, ranging from 250-500 applicants. Credit: surassawadee/Shutterstock German cardiovascular medical device company Protembis has secured US Food and Drug Administration (FDA) approval for its PROTEMBO Pivotal IDE Trial (NCT05873816). The ProtEmbo System from Protembis, is an intra-aortic filter […]
Abbott reports 2.6% dip in sales for Q3 2023
Abbott expects full-year GAAP diluted EPS to range between $3.14 and $3.18. Credit: Michael We / Shutterstock.com. Abbott has reported net sales of $10.14bn for the third quarter (Q3) of 2023 against $10.41bn in Q3 last year, down by 2.6%. Sales dropped because of the expected decrease in Covid-19 testing-related sales compared to the previous […]