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Global endoscopy market to hit $33.7 billion by 2016 | MassDevice.com On Call

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MassDevice On Call

MASSDEVICE ON CALL — The global endoscopy market is expected to reach $33.7 billion by 2016, according to industry research firm MarketResearch.com.

Endoscopy sales amounted to $23.3 billion in 2010, and are projected to hit $24.8 billion this year, with laparoscopy accounting for more than a fourth of the total.

Laparoscopy made up 26 percent of the total endoscopy market and is expected to reach $6.8 billion by the end of 2011 and $10.6 billion by 2016, according to a press release.

President Obama talks jobs with JNJ head William Weldon

Eight company executives were invited to the White House to talk jobs with President Barack Obama on Friday, including Johnson & Johnson (NYSE:JNJ) CEO William Weldon.

Weldon was joined by top brass from American Express Co., Blackrock Inc., Wells Fargo & Co., and United States Steel Corp., among others, Bloomberg reported.

Boston Scientific launches Neuromodulation Learning Institute

Natick, Mass.-based Boston Scientific Corp. (NYSE:BSX) launched the Neuromodulation Learning Institute, a clinical and online resource program focused on spinal cord stimulation technology, procedures and techniques, according to a press release.

Hospitals merge under pressure

Mergers among nonprofit hospitals increased as revenue growth has sunk to its slowest growth rate in 20 years, the Wall Street Journal reported.

13 states plus D.C. garner more than $185 million for insurance exchanges

The Obama Administration awarded more than $185 million to 13 states and the District of Colombia to spur formation of state-based insurance marketplaces, set to launch in 2014 under the new health care reform laws, the LA Times reported.

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