By Stewart Eisenhart, Emergo Group
The global in vitro diagnostic (IVD) market will grow from $49.2 billion in 2012 to $69.1 billion in 2017, fueled primarily by increasing demand for self-test IVD products.
The Medical Device Business Journal — Medical Device News & Articles | MassDevice
By Stewart Eisenhart, Emergo Group
The global in vitro diagnostic (IVD) market will grow from $49.2 billion in 2012 to $69.1 billion in 2017, fueled primarily by increasing demand for self-test IVD products.
Of the 10.5 million cases of abdominal pain that present in American emergency rooms each year, only about 300,000 end up being confirmed as appendicitis. That means an expensive glut of ultimately unnecessary – and potentially cancer-causing – CT scans performed in ERs.
Natus Medical (NSDQ:BABY) landed regulatory wins from the FDA and Health Canada for its UltraPro S100 EMG, a new electro-diagnostic system designed to monitor a patient’s nervous and muscular systems.
Fueled by a $9.6 million grant from DARPA, GE Healthcare (NYSE:GE) is spearheading research and design of a pocket-sized medical device that can diagnose infectious diseases "in the field" in under 1 hour.
When MassDevice.com last spoke with T2 Biosystems CEO John McDonough, in August 2009, the 22-worker firm was still developing a novel use for MRI technology – diagnostics.
T2’s device uses magnetic resonance to identify pathogens in just about any kind of sample, eliminating the need for time-consuming blood culture work.
GE Healthcare (NYSE:GE) joined forces with Georgia Tech Research Institute and the U.S. Army in development of a wireless, wearable sensor that can gather important information about brain damage caused by roadside bombs.
FDA regulators this week put the seal of approval on the 1st EEG system indicated to diagnose ADHD in children in teens. The approval was based on clinical results from a study of 275 children, which showed that EEG testing could be a reliable diagnostic tool to complement other behavioral tests.
The device, called the Neuropsychiatric EEG-Based Assessment Aid or NEBA System, is manufactured by a small Augusta, Ga., device company called NEBA Health.
Cardiologist Shashi Agarwal was sentenced to 2.5 years in jail for his role in a healthcare kickbacks scheme. The judge found Agarwal guilty of raking in more than $101,750 through an illegal deal with an Orange, N.J., MRI diagnostic facility to refer patients in exchange for cash.
Court documents said the diagnostic facility paid Agarwal $100 for each Medicare or Medicaid patient he referred for an MRI or CAT scan. During the sentencing, Agarwal agreed to hand over the thousands in bribe money.
MASSDEVICE ON CALL — Inspired by studies demonstrating canine abilities to sniff out cancerous biomarkers, a team of U.K. researchers developed a scent-analysis device that they say can diagnose early signs of bladder cancer.
In a test of nearly 100 urine samples, the device, called OdorReader, was 100% accurate in distinguishing which samples came from cancer patients, researchers said. As an added bonus, the system delivers its diagnosis in just 30 minutes, according to a press release.