2018 was a record year for the world ultrasound equipment market, with revenues increasing by 6.8%, tipping the market over the $7 billion mark for the first time. Despite the backdrop of global economic uncertainty, the ultrasound market is forecast to continue to grow relatively strongly in the coming years, with the following trends driving growth.1. New Users of UltrasoundOver the years, the use of ultrasound has gradually expanded beyond radiology, cardiology and OB/GYN to a wide range of
Read More
OSF Ventures Joins $35M Funding Round for Handheld, Exo Ultrasound Device
OSF Ventures, the investment arm of OSF HealthCare has joined a $35M Series B funding round to support medical device startup Exo Imaging that’s developing a breakthrough handheld, AI ultrasound device that will allow healthcare providers to make critical, real-time diagnostic decisions.Performance Ultrasound PlatformFounded in 2015, Exo (pronounced “Echo”) is bringing diagnostic-grade medical imaging to the pocket of every caregiver and clinician worldwide. The company is developing an
Read More
(UVM) Health Network Signs 10-Year Agreement With Philips to Create Consistent Patient Experience Across Network
The University of Vermont (UVM) Health Network, a leading provider of quality care has signed a 10-year strategic partnership agreement with Philips. The partnership, which extends an existing relationship between the two organizations will help support staff in providing high-quality care and advance efforts to improve the health of the population in Vermont and Northern New York.Why UVM Health Network Selected PhilipsThe UVM Health Network provides high-quality care for patients on both sides
Read More
Philips Launches New IntraSight Interventional App Platform for Image-Guided Therapies
Philips launches new IntraSight interventional applications platform to seamlessly integrate intravascular imaging and physiology applications for image-guided proceduresToday, Philips announced the launch of the new IntraSight interventional applications platform, a comprehensive suite of clinically proven iFR, FFR, IVUS and co-registration modalities that help support physicians in improving care for their cardiac and peripheral vascular patients.Growing Need for Image Guided TherapiesIn
Read More
Neural Analytics Lands $22M for Robotically Assisted Ultrasound System for Brain Health Assessment
Neural Analytics, Inc., a Los Angeles, CA-based medical robotics company developing and commercializing technologies to measure and track brain health has raised $22 million in Series C funding led by Alpha Edison and the Company has also issued warrants to purchase stock in connection to the financing. The investment brings Neural Analytics’ total funding to approximately $66 million.Impact of Neurological DiseasesNeurological diseases such as stroke affects more than 795,000 people each year
Read More
Why The Handheld Ultrasound Market Is Poised for Next Wave of Growth
This year marks the tenth anniversary of the launch of the first handheld ultrasound scanner, GE Healthcare’s Vscan, yet the market has largely failed to live up to expectations. In 2018, sales of handheld ultrasound accounted for less than 2% of the $6.9 billion global markets for ultrasound equipment. The relatively high cost and limited performance of early generation handhelds were limiting factors. Steady product improvements over the years, coupled with fresh innovation from new market
Read More
B. Braun and Philips Join Forces to Innovate In Ultrasound-Guided Regional Anesthesia
B. Braun Melsungen AG, a provider of regional anesthesia and pain management, and Royal Philips, a global leader in ultrasound and image guided therapy solutions, today announced a multi-year strategic alliance to innovate ultrasound-guided regional anesthesia – a rapidly growing alternative to general anesthesia – and vascular access. The alliance will leverage the companies’ combined deep clinical expertise and R&D capabilities, as well as sales and service channels.B. Braun and Philips
Read More
CAE Healthcare Unveils First Mixed Reality Ultrasound Simulation Solution
CAE Healthcare announced the release of CAE VimedixAR, an ultrasound training simulator integrated with the Microsoft HoloLens, the world's first self-contained holographic computer. The announcment marks CAE Healthcare as the first company to bring a commercial Microsoft HoloLens application to the medical simulation market.VimedixAR delivers an unprecedented simulation-based training experience, allowing learners to interact and move freely within a clinical training environment that is
Read More
Qualcomm’s Mobile Ultrasound Project Wins GSMA mHealth Award
This week during Mobile World Congress 2015 in Barcelona, the Qualcomm® Wireless Reach™ initiative and Trice Imaging won the GSMA Global Mobile award for Best Innovation in Mobile Health for their Mobile Ultrasound Patrol project in Morocco. The Mobile Ultrasound Patrol project in Morocco demonstrates the power of advanced wireless technology in addressing maternal health. Through this project, Qualcomm Wireless Reach and Trice Imaging, in conjunction with support from the Moroccan Ministère de
Read More
2014 Best in KLAS: Medical Equipment and Infrastructure Awards
Yesterday, KLAS announced their "2014 Best in KLAS" awards for the top-performing vendor solutions in medical equipment and infrastructure. The report provides a summary of the KLAS performance rating gathered over the past 12 months for medical equipment and infrastrcture vendors in 23 segments. Each segment includes a listing of vendor products ranked according to their KLAS performance scores, which have been compiled from the feedback of thousands of healthcare providers at physicians
Read More