Medical device data is becoming more important than the hardware itself, so medtech companies need to forge a partnership with consumer technology companies to stay innovative, according to a new report from Deloitte. The Deloitte report — called “Winning the Future of Medtech” — came out yesterday in advance of next week’s AdvaMed MedTech Conference […]
Where are the world’s medtech headquarters?
The world’s major medtech headquarters are concentrated in specific countries and regions: Germany, Japan, Northern California, Southern California, Massachusetts, Minnesota and more. That’s a major takeaway from an analysis of data from Medical Design & Outsourcing‘s Big 100 list of largest medical device companies in the world. Check out this heat map of where the […]
The 10 largest medical device companies in the world
The merger of the French lens manufacturer Essilor with Italian eyewear maker Luxottica boosted the new EssilorLuxottica into the top 10 of the Big 100 list of largest medical device companies in the world — produced by our sister site Medical Design & Outsourcing. Overall, consolidation continues to play a major role in shaping the […]
The 20 largest medical device companies in the world
Consolidations continue to transform the roster of largest medical device companies in the world — as evidenced by the latest Big 100 list at our sister site Medical Design & Outsourcing. Overall, Big 100 companies saw $397.5 billion in sales during their most recent fiscal years, up 3.5% from the previous year. As companies continue to […]
Bio2 Technologies raises $4.3m for ortho biomaterial
Bio2 Technologies (Woburn, Mass.) has raised about $4.3 million as it continues with a clinical trial of its Vitrium resorbable orthopedic biomaterial for musculoskeletal surgery. Bio2 had sought to raise $6.5 million in the funding round, according to a Form D filed Sept. 6 with the U.S. Securities and Exchange Commission. Made of bioactive glass, […]
Integra LifeSciences buys Rebound Therapeutics
Integra LifeSciences (NSDQ:IART) said today that it has acquired Rebound Therapeutics, maker of a single-use, minimally invasive neurosurgery device. Financial terms of the deal were not disclosed. Rebound touts its Aurora Surgiscope system, — cleared by FDA in January — as the first single-use disposable neurosurgical endoscope. The Aurora system enables minimally invasive access, visualization and […]
This medtech expert survived a brain tumor: Here’s what he learned
Bill Betten has developed medical devices for decades, but he gained a deeper understanding after hearing a doctor speak the words “brain” and “tumor.” “It’s a little different when it’s going to be done to you,” Betten recalled today during the latest podcast at MassDevice’s sister site Medical Design & Outsourcing. (Hear more from Betten […]
How to produce more medical devices for kids
FDA recently reported a startling fact: Most of the pediatric medical devices approved in fiscal 2017 were originally intended for adults. Health providers, especially in NICUs, are continually altering devices in order to do all they can to save infants and children, but the situation is not ideal, Michael Drues, a regulatory consultant based in […]
Are Intuitive Surgical robots the best IDEA in medtech?
Intuitive Surgical (NSDQ:ISRG) robots won two of the three gold awards in the medical and health category at this year’s IDSA International Design Excellence Awards (IDEA). The strong showing of robotic systems at the Industrial Designers Society of America’s IDEA ceremony, held last night in Chicago, are but another sign that robot-assisted surgery is a hot area […]
Boeing’s 737 Max crisis: Why the medical device industry should care
Let’s just say that airplane and medical device manufacturers have “substantially equivalent” problems. The crisis over the 737 Max tells us why. Ashley Holub (Twitter @ashtroid22) From Netflix’s documentary “The Bleeding Edge” to the International Consortium of Investigative Journalists’ “The Implant Files” series, FDA has taken heat over the 510(k),which allows devices with “substantially equivalent” features to previously […]
New building on the way for innovation campus near Mayo Clinic
Developer M.A. Mortenson Co. has filed plans for a five-story, 121,295-square-foot Two Discovery Square — the second building for the innovation campus next to Mayo Clinic in Rochester, Minn., the Rochester Post Bulletin reports. Mortenson and the Destination Medical Center project office didn’t provide additional details to the newspaper. The original roughly 90,000-square-foot One Discovery […]
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