A Barclays analysis projects that medtech might be on its way to a stretch of “outperformance” even in the wake of the COVID-19 pandemic. According to SeekingAlpha, the report cited eight reasons that make the investment bank bullish on the industry in the coming years, starting with what it calls “robust innovation.” On top of […]
MedTech
How big medtech fared during a year of COVID-19
Despite numerous challenges, the medtech industry showed itself to be fairly recession-proof in 2020, according to a Medical Design & Outsourcing/MassDevice analysis of financials. Annual reports recently released by 20 of the world’s largest medical device companies showed only a slight dip in revenue during 2020 — a year in which medtech held the front lines against […]
Medtech 100 roundup: Stocks dip slightly after strong start to month
Medtech stocks ticked down over the course of last week as the COVID-19 pandemic continues to bear economic ramifications. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 82.4 points at the end of last week (May 15). That total represents a -1.9% decline from the 83.98-point […]
The grim stories behind seven of medtech’s worst failures
Medical devices save or restore thousands of patient lives every year, but the dark side to medtech innovation is increasingly drawing attention. For all the good the industry does, it’s worth remembering that the costs can be high – even fatal – when medical device companies don’t get things right. The examples range from women […]
Is this the way to improve organ transportation?
Organ transplants are performed annually to remove diseased organs and replace them with healthy ones to extend the lifespan of patients. Potential transplant recipients are placed on a waiting list by a doctor who has determined that a transplant is the best course of action. Once a donor organ is available, the organ transportation system […]
Medtech outsourcer innovations you need to know
The medical device industry is seeing all kinds of innovations, but people often overlook the myriad medtech outsourcer technologies making innovation possible. From tiny sensors, magnets and cameras to materials and adhesives that get the job done, contract manufacturers and other suppliers are supporting the medical device industry in myriad ways. They’re enabling everything from […]
11 innovative medical devices you need to know from 2018
Call it digital health or mHealth or simply what it is — innovation. Last year we saw a lot of innovative wireless devices for diagnostics and treatment as research and development flourished. Many researchers have taken up the challenge of developing devices that are portable, small and convenient with ease-of-use that could revolutionize point-of-care diagnostics […]
Owens & Minor inks distribution deal with Scripps Health
Owens & Minor (Mechanicsville, Va.) has signed a five-year medical and surgical supply distribution agreement with Scripps Health. The financial details of the deal were not disclosed. Scripps Health is a California-based healthcare system that treats more than 750,000 patients annually. Under the agreement, Owens & Minor will serve Scripps Health’s five acute-care hospital campuses and […]
10 MD&M West exhibitors you need to know
More than 20,000 engineers and executives are expected to gather and network for the annual MD&M West – one of the largest annual medical device manufacturing events. MD&M West takes place at the Anaheim Convention Center in Anaheim, Calif., Feb. 5–7, and houses an array of industry suppliers showcasing their latest technologies and manufacturing advancements. Think medical device packaging, […]
6 exhibitors at DeviceTalks West you should know
DeviceTalks West is an annual event that allows some of the best minds in medtech to exchange ideas, insights and technologies. Medical Design & Outsourcing’s parent company WTWH Media holds DeviceTalks annually in Boston, Orange County, Calif., and the Twin Cities in Minnesota. It is hosted by MassDevice and attendees can plan to enjoy networking with people in […]
NIH invests over $220M in BRAIN initiative
The National Institutes of Health announced today that it is funding more than 200 new awards, totaling over $220 million in investments, through the Brain Research through Advancing Innovative Neurotechnologies (BRAIN) Initiative. Some of the new awards include the creation of a wireless optical tomography cap for scanning human brain activity; a noninvasive brain-computer interface […]
