MedTech Breakthrough recently announced the results of its 2019 MedTech Breakthrough Awards program, which showcases technologies and companies that represent global health technology innovations.
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The Internet of Things (IoT)-enabled medical devices manufacturing market reached nearly $18.8 billion in 2018—having grown at a compound annual growth rate of 8.6% from 2014—and is expected to grow at a CAGR of 29.9% to nearly $69.7 billion by 2023, according to a new report.
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Biomedical engineers at the University of California, Irvine have developed a wearable, disposable respiration monitor that provides high-fidelity readings on a continuous basis. Developers say this device could benefit children with asthma and cystic fibrosis, as well as others with chronic pulmonary conditions.
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Clinical engineering expert Binseng Wang says he’s heard a problematic argument lately: that in addition to promoting equipment safety, alternative equipment maintenance is also designed to cut costs. Not so, Wang argues, and viewing AEM as a way to save money is potentially detrimental to HTM departments.
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The global wearable medical devices market is slated to reach $10 billion by 2023—up from $2.7 billion in 2014—according to a new report by Transparency Market Research. Based on devices type, the wearable vital signs segment is expected to hold the largest share of the market during the forecast period, researchers reveal.
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