GE Healthcare (NYSE:GE) appears to be taking the “throw it against the wall and see what sticks” approach when it comes to medtech innovation. GE’s Chicago-based healthcare subsidiary today announced a medtech 3D printing partnership with Formlabs (Somerville, Mass.). GE Healthcare also disclosed its participation in the recent $243 million Series C round of robot-assisted surgery […]
DOE lab is using machine learning to build a better battery
The U.S. Department of Energy’s Argonne National Laboratory is working to use machine learning and artificial intelligence to build a better battery. Should the DOE’s efforts prove fruitful, it could be a positive development for the medical device industry, where batteries have proven to be a technological stumbling block when it comes to device miniaturization. […]
GE Healthcare wants to expand the use of AI in healthcare: Here’s how
GE Healthcare (NYSE:GE) announced today that it is launching the Edison Developer Program for accelerating the adoption and impact of artificial intelligence applications and developer services across health systems. The EDP is setting out to offer healthcare services to accelerate the ability to build innovations for improving operational and clinical outcomes while offering access GE Healthcare’s […]
Lunit wins CE Mark for AI-powered chest X-ray software
Medical artificial intelligence company Lunit announced that it won CE Mark approval for its Lunit Insight CXR up-to-date chest X-ray analysis AI. The Seoul-based company said its Lunit Insight CXR is designed to help increase accuracy for detecting more findings and alleviate the burden on radiologists who conduct routine chest X-ray procedures. Lunit Insight CXR […]
AI-powered radiology model diagnoses pneumonia in 10 seconds
Intermountain Healthcare and Stanford University researchers developed an AI system that can detect pneumonia in chest X-rays in about 10 seconds. CheXpert, developed by researchers at Stanford University, is an automated chest X-ray interpretation model that uses artificial intelligence to analyze X-ray images take in emergency departments. A study found that the AI system could […]
Artificial intelligence and medical devices: Why you need to care
Artificial intelligence presents a whole host of regulatory challenges when it comes to medical devices. Regulatory consultant Mike Drues says he has had clients forced to dumb down their AI technology, with U.S. FDA requiring they lock the algorithm. Drues sees locking the machine learning algorithm is a Band-Aid solution — not a longterm fix. […]
Artificial intelligence and medicine: Is it overhyped?
Artificial intelligence raises exciting possibilities for healthcare, but are companies promising more than they can deliver? AI could possibly fuel the future of medtech, enabling such thrilling innovations as implanted devices that instantly react to minute changes, software that can identify the best treatment options for individuals facing life-threatening conditions and fully-functioning autonomous surgical systems. […]
How NeuroMetrix seeks to better relieve pain with AI
NeuroMetrix plans to add artificial intelligence to the latest iteration of its Quell transcutaneous electrical nerve stimulation (TENS) device. AI will allow Quell 2.0 to tailor treatment to each individual user, according to the Waltham, Mass.–based based company. Launched in September 2018 Quell 2.0 is 50% smaller and 20% more powerful than the original Quell, […]
Can AI take medical device manufacturing to the next level?
Artificial intelligence could improve medical device manufacturing efficiency and reduce risk, but it’s still a work in progress. Artificial intelligence is driving the world and our habits. Some of the world’s most well-known companies are using AI: Apple in Siri, Tesla in self-driving cars, Amazon in Alexa and even Netflix. Now medical device companies including […]
5 top stories that mattered for medtech in 2018
The medical device industry faced some major challenges over the past year, from increased media scrutiny to regulatory uncertainty in both the U.S. and E.U. It’s worth noting, though, that many things have been going right for medtech. More than half of the roughly 100 largest medical device companies in the world saw their stock […]
Could AI be the next big thing for medical device manufacturing?
Officials at machine learning and artificial intelligence consulting company Wovenware think AI could boost the quality of medical device manufacturing. The San Juan, Puerto Rico–based company already has clients in a variety of industries including airlines, education, food, financial services, insurance, telecommunications and utilities. Now it’s working with a number of medical device companies to test proof […]
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