Search Results for: Siemens

Global Medical Device Market to Grow 4.5%

The future of the global medical device market is bright—and public and private hospitals are poised to capitalize on its success, say officials from ResearchAndMarkets.com. In fact, the global medical device market is expected to grow at a compound annual growth rate of 4.5% from 2018 to 2023, reaching $409.5 billion, researchers reveal.

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Siemens Healthineers, SAS Link Up for IoT Analytics

Analytics firm SAS announced that Malvern, Pa.-based Siemens Healthineers is utilizing its machine learning and Internet of Things capabilities to analyze urgent data generated by its systems worldwide. Specifically, SAS helps predict equipment problems and potential downtime several days in advance of a failure, company officials say.

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