In an ever-changing medtech space, how do companies keep up with the pace of change? How do companies adjust and innovate their business models to reflect that? Leaders from some of medtech’s biggest names attempted to answer some questions around that at AdvaMed’s The MedTech Conference yesterday. (Want to find out more? Leaders from major […]
The MedTech Conference
MedTech Innovator announces 2023 Grand Prize winner
MedTech Innovator, a global medtech accelerator, today announced that StrokeDx won the grand prize in its 2023 Global Competition. StrokeDx develops a rapid, portable and affordable stroke diagnostic device. The Pasadena, California-based company won a live audience vote at AdvaMed’s The MedTech Conference on Oct. 10. It beat out four other finalists within the 2023 […]
State of the industry — Execs ‘more bullish than ever’ on medtech
Ernst & Young’s 2023 Pulse of the Industry medical technology report may not have been overly positive, but medtech executives certainly are. The EY report highlighted sluggish revenues and post-COVID-19 corrections leading to a growth decline. In fact, it was the lowest growth in medtech since 2015. Roughly half of medtech stock price gains realized […]
‘Love, yet fear’ — how medtech is stepping into the digital sphere
Dr. Rajiv Sethi likes to compare the implementation of digital technologies and automation in medtech to the automation in an airplane. If the pilots experienced an issue with their technology or the weather, for instance, they could manually interject, he says. But, the “vast majority of the work” goes down to automation. Sethi serves as […]
How Medtronic, Abbott, ResMed see healthcare improving through ecosystems
According to McKinsey & Company Senior Partner Rajesh Parekh, “ecosystem” is a word used plenty in the tech world. Now it’s coming into the medtech space. So, what is an ecosystem? How can medtech companies take advantage of one to provide better care and improved patient outcomes? How can they do so with speed in […]
5 top trends shaping the medtech industry
Ashley McEvoy is an industry veteran and the EVP and worldwide chair of Johnson & Johnson MedTech. Michael Minogue, another veteran, serves as chair, president and CEO of heart pump maker Abiomed. Together, the two bring a wealth of medtech industry knowledge to the table. They demonstrated that in a “CEOs Unplugged” discussion at AdvaMed’s […]
The MedTech Conference is coming to Boston in 2022
Trade group AdvaMed plans to return to an entirely in-person event for The MedTech Conference, with the annual event slated for Boston on October 24–26, 2022. AdvaMed in September 2021 held a hybrid event that included virtual sessions as well as live sessions in Minneapolis and Washington, D.C. (The year before — in pre-COVID vaccine […]
Alva Health stroke monitor wins MedTech Innovator startup prize
MedTech Innovator has awarded its $350,000 global startup competition grand prize to Alva Health, the developer of a wearable, real-time stroke monitor. The New Haven, Connecticut-based startup won the medical device accelerator competition after a vote yesterday by attendees of The MedTech Conference, organized by AdvaMed. Get the full story at our sister site, Medical […]
AdvaMed honors former BD CEO Ludwig with its Lifetime Achievement Award
AdvaMed this week honored former BD CEO Edward Ludwig with its 2021 AdvaMed Lifetime Achievement Award. Ludwig received the award on September 27 during an in-person and live-streamed event as part of The MedTech Conference. Ludwig joined BD in 1979 and rose through the ranks to eventually become chair and CEO, retiring from the company in […]
CDRH’s Shuren says they’re ‘starting to turn the corner’ from COVID-19
Medical device industry insiders will have to wait until the new year to get a better idea of the post-pandemic priorities at the FDA’s CDRH. That was one of the big takeaways from Dr. Jeff Shuren’s remarks at the virtual CDRH Town Hall held yesterday at AdvaMed’s The MedTech Conference, which takes place this week as a […]
The MedTech Conference by AdvaMed to be a mixture of in-person and virtual
To hold an event or not to hold a live event. Medtech trade association AdvaMed chose both for The Medtech Conference, which takes place next week. The September 27–30 conference includes a mixture of virtual presentations and in-person events in Washington, D.C., and Minneapolis. AdvaMed CEO Scott Whitaker mentioned several conference agenda highlights during a […]
