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Medical Device Technologies Market Expected to Witness a Sustainable Growth over 2021

in Technology by

A medical device is an instrument, apparatus, implant, in vitro reagent, or related article that act by physical, mechanical, or thermal means and not by chemical action within the body to diagnose, prevent, or treat diseases or other conditions. Technologies which aid the medical devices to perform the diagnosis, monitor, and treatment of medical conditions are called medical device technologies. Technology plays an important role in each and every industry as well as in the personal aspects of lives. Advancements in medical device technology have allowed physicians to better diagnose and treat their patients, saving countless lives and continuous improvement in the quality of life.

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The medical device technology includes: software solutions, imaging, biological derived devices, diagnostic equipment, aesthetic and respiratory, in vitro diagnostics (IVD), dental, electromechanical medical, and therapeutic radiation. Medical device technology is a broad field where innovation plays a crucial role, innovations in the technological front such as multi functionality medical devises, is one of the most important driving factor for the medical device technology market.

Moreover, for patient safety and consistent and fast analysis many hospitals and clinics are adopting workflow automation processes. Thus, hospitals across the world are upgrading the information technology (IT) infrastructure which can be a potential driver for the medical device technology market. Increasing rare diseases act as untapped opportunity and growing awareness about health care is the other factor that fuels the growth of medical device technology market.

However, pricing pressure and technical complexity with some medical devices restrict the global demand for the medical device technology. Regulatory structures for the approval of the medical devices also act as the restraining factor the medical technology device market.
The global medical device technologies market can be segmented into the type of devices such as; electro-medical equipment which include pacemakers, patient-monitoring systems, magnetic resonance imaging (MRI) machines, ultrasonic scanning devices and diagnostic imaging equipment. Irradiation apparatus including X-ray devices, computed tomography devices, surgical and medical instruments consisting of anesthesia apparatus, optical diagnostic apparatus, blood transfusion devices, catheters and others. Dental equipment and supplies includes equipment and instruments used by dentists, dental hygienists and laboratories.

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Other widely used medical devices technologies include biomaterials, bio-implants, non-invasive monitoring, molecular diagnostics and tele-medicines. Genetic diagnostic products and home- and self-care products are also some of the products in great practice. The emerging trends in the medical device technology markets comprises of robotic products and systems, robotic prosthetics, wireless products, artificial organs and organ-assistive products such as tissue engineered product, neuro-sensory product, electro stimulation products, glucose monitoring products, and others.

Geographically, North America was observed to be the largest medical device technologies market due to extensive technological advancements and major market players located in this region. Investment in medical device technology research and development have surged in the recent past as well as collaborations have led to recent advances including neuro-stimulators, stent technologies, biomarkers, robotic assistance and implantable electronic devices.

Europe is the second largest medical device technologies market due to increased geriatric population and government regulations assisting the market growth. Asia-Pacific is considered as an emerging market owing to the advancements in the technology and health care infrastructure. Japan, China and India are the fastest growing economy. Rising population, changing lifestyle and acceptance to newer technology are the factors which act as the market drivers in the region. South American countries such as Brazil and Mexico are the regions that have significant potential for growth due to developing medical infrastructure, and high disposable income.

To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/6622

Various key players contributing to the global medical device technologies market comprises Abbott Laboratories, Inc., Becton, Dickinson and Company, GE Healthcare, Biomerica, Inc., bioMerieux, Inc., Novartis Diagnostics, Johnson & Johnson Diagnostics, Inc., Olympus Corporation, Qiagen N.V., Siemens AG, Thermo Fischer Scientific, Inc., and Zenith Healthcare Ltd.

Shelhigh Medical Device Manufacturer-Under the Gun-FDA Claims of Repeated Problems

in Health and Medical by

Many of us remember the TV Shows The Six Million Dollar Man and The Bionic Woman, but most of us had no idea how close we would come to rebuilding our human bodies in the 21st century. Inventions and advances in medical technology have given so many a ‘second chance’ at life.

But, many times there may be a price to pay, as in the case of Shelhigh. Shelhigh is known for producing some of the best and most lauded medical devices available for the last ten years, but problems with repeated contamination at Shelhigh’s single facility in Union, NJ not only caused a recent FDA ‘recall’ but these continued contaminations during the manufacturing process have potentially put at risk those patients who have been implanted with Shelhigh devices.

Shelhigh’s violations include: manufacturing products in a facility with a poorly constructed and poorly maintained clean room where sterilized devices are further processed; failing to adequately monitor critical manufacturing environments for possible microbial contamination; failing to properly test products for sterility and fever-causing contaminants; and failing to scientifically support product expiration dates.

Shelhigh is well-known for its No-React tissue poducts which were developed for the express purpose of resisting infection. Unfortunately, even if the product was well-developed, the fact that it has been manufactured in a physical environment that itself was contaminated is not only counterproductive to Shelhigh, but dangerous to those who have trusted this company with their very lives.

Who is at risk? Because infection can best breed in those who are already compromised, critically ill patients, pediatric patients, and those with other diagnosed immuno-compromising illness’ are most at risk, because their bodies are unable to fight off the most innocuous infections.

Shelhigh’s medical devices include pediatric heart valves and conduits, which are tube-like devices used for blood flow; surgical patches; dural patches; nnuloplasty rings and arterial grafts.

The following is a list of Shelhigh products:

BioRingT (annuloplasty ring)
GoldT perforated patches
Internal Mammary Artery
No-React Dura Shield
No-React EnCuff Patch
No-React Pericardial Patch
No-React Pneumopledgets
No-React VascuPatch
No-React Stentless Valve Conduit
No-React Tissue Repair Patch/UroPatchT
Pericardial Patch
Pre Curved Aortic Patch (Open)
Pulmonic Valve Conduit No-React Treated
BioConduitT stentless valve
BioMitralT Tricuspid valve
Injectable Pulmonic Valve System
MitroFast Mitral Valve Repair System
NR2000 SemiStentedT aortic tricuspid valve

If you are a patient who may have received one of these devices:

1. Contact the surgeon who performed your surgery and have your records checked to see if one of the affected devices was, in fact, implanted.

2. If you already know that you have one of the affected devices, then contact your doctor promptly.

3. If your doctor gave you after-care instructions when you left the hospital, be sure to strictly adhere to those instructions.

4. Be certain to contact your surgeon or family doctor if any signs of infection are present. Signs include, but are not limited to:

a. Fever

b. Unusual pain, swelling, redness, and warmth in the area of your implant

c. Drainage or discharge from the incision used during the procedure to implant the device

As a patient, please understand that the seizure of Shelhigh medical devices only means that the existing devices at the company will not be introduced into the market until and when the FDA determines that sanitary conditions within the manufacturing plant have been remedied. While some types of contamination may affect the life of the medical device, it does not necessarily mean that your device will need to be removed. Seizure is meant to stop further distribution of a product until safety standards are met.

Finally, be certain to notify all of your doctors that you might have a Shelhigh implant that falls within the ‘recalled’ group.

As we see personal rights, individuals’ access to the courts and corporate accountability being eroded by ro-business and anti-consumer legislation and rule making by our present lawmakers, we are seeing corporate America becoming more and more brazen in dealing with federal agencies. Corporate America feels that they can get away with most things these days, that the federal regulatory agencies do not have much power and that those agencies certainly are not backed up by the White House. This feeling manifests itself in corporations like Shelhigh defying the FDA.

DVDR – Economical & Best Duplication Device Across The Globe

in Technology by

In a techno savvy century where requirements and human desire for new innovative devices changes every hour when we talk in context of data management and storage, the concept of media storage devices that are capable of preserving data, images, audio and video files of large sizes becomes all essential as data management for future reference and usage considered as the core aspects that are involved in the process. The discovery and development of the media storage devices started with the discovery of 64 KB floppy disk with its huge size (5 ¾ inches) to the present day DVD-R drives having a capacity to keep data of different sizes as per individual requirements in a small space that no one can imagine if we are living in present day techno savvy world where every thing is happening at a speed that no one can imagine.

In present world two distinct types of DVD Copier are available in the market that includes writeable and rewriteable ones. Both the forms of DVDR has really changed the world for all who love to store their valuable data at safe and secure place; even data management becomes an easy and handy affair when CD-R is used. Popularly known across the globe storage medium is known as DVDR, and DVDRW media storage devices have a capacity to store around 800 MB of data, audio, or video files. Since most of the personal computers are configured to have a DVD ROM Drive, with the usage of DVDRs it become very easy to transfer or read the files from any personal computer. The DVDRW media can be reused again and again after deleting the files written earlier.

As many of the media storage devices which were very popular a few years ago have now become totally obsolete, we will start from the hard disk and zip drive which set a trend in removable media storage device. Hard disk is a fixed media storage devices lacking portability. When you buy a personal computer you decide what should be the capacity of the hard disk which is fixed inside the personal computer.

So for what you waiting to take place just grab a DVDR matching your immediate data storage requirements and enjoy benefits that come with DVDR, a new age data management and storage device.

Defective Medical Device Lawyer- Helps You For Fight Compensation

in Health and Medical by

After months of suffering pain and going through medication when your surgeon finally decides for an implant surgery of your hip the moment itself would have made you worried. Although you are assured that the latest medical technology is always there to help you with best of procedures and implants and so what you all gather is the courage to go through and stay fit after the procedure. And with all that courage you go through it, surpass the implant surgery and back home with the device in your body.

While still coping with the device and adjusting yourself with it if you come to know that the device in your body is defective and has been recalled. This is a panic state for you. As of it would have been a little earlier you would have escaped by not participating in the implant procure with it but now it’s already in and you don’t know what it is causing you.

Despite of all the anger over the implant manufacturer you are scared of not only your life but what to do with that defective device still in your body. A revision surgery could help you take that out. But how cruel it is for your body to go under knife again and starting from the scratch to cope up. Above all the revision surgery has its own plus and minus which you can’t avoid but you are left with no option but to go through.

All such hassles and amidst all that your well wishers advices you to file a compensation claim for defective medical device. Of course you are a patient and can’t handle all this at one time and now is the time when you seek to have expert defective medical device lawyer.

But is that any lawyer that claims to have success in such field would do? Seeing the situation you can’t afford to have more hassles and so choice of proper lawyer is must here.

Along with that you can clarify with your lawyer about the state where in you can place a suit for instance,

1: What investigations are required on medical basis before filing a suit?

2: Is the doctor also involved in the suit?

3: Time frame within which suit can be filed.

4: Even if FDA approved can it still be filed?

Although these days’ firms or lawyers group work for various niches like ALG for bankruptcy lawyers in Birmingham Alabama, a lawyer group with an expertise in this practice area is best.

The Best Medical Device for Your Safety

in Science by

In our technologically advanced world, a new comprehensive solution to deal with critical medical emergencies has been devised. Medical alert systems have been created as a preventative measure to provide timely assistance to users in any kind of physical or health-related situation where help is needed urgently. Elderly, as well as physically challenged individuals, will benefit from this product because this is the easiest solution for one rendered helpless in any medical emergency.
A medical alert system is a system that continuously assures the safety of your loved ones at all times, especially in your absence. This product contains a transmitter alert wristwatch (pendant) and a communication device. In case of an emergency, you simply push the button on your pendant to enable the communication device for immediate contact to the nearest central monitoring station. Then, a trained EMT operator will immediately try to evaluate your status and subsequently dispatch your local emergency medical response unit or authorities if necessary.
These devices are completely waterproof, so they function while being worn in the shower. Individuals living alone get the maximum benefits from these medical alert systems. These devices are typically operated by disabled individuals and people with critical health conditions. Multiple payment options are available, such as monthly service plans, annual payment plans, and lifetime plans, to assist in purchasing your medical alert system. These alarm systems are user friendly and very beneficial, offering the consumer peace of mind and an increased feeling of security.
Various companies provide medical alert services to people of all ages who may encounter emergency situations. These medical alert services provide easily accessible buttons and emergency alarms, which can be activated by simply pressing the button fitted in the pendant. Pressing the button sends a signal to the base station of the medical alert service, while monitoring your call. The operator has your personal and medical details in its database, so they are able to quickly alert your family members or local rescue team
Life is extremely precious, so instead of buying your loved ones (or yourself) a diamond necklace or gold watch, invest in a medical pendant for protection in case of life-threatening or other emergency situations. This way, you can rest assured that you are providing yourself or loved ones with the most affordable protection.

Medical Device Industry in the United States

in Technology by

The United States remains the largest medical device market in the world with a market size of around $ 110 billion, and it is expected to reach $ 133 billion by 2016. The U.S. market value represented about 38 percent of the global medical device market in 2012. U.S. exports of medical devices in key product categories identified by the Department of Commerce (DOC) exceeded $ 44 billion in 2012, a more than 7 percent increase from the previous year.

There are more than 6,500 medical device companies in the U.S., mostly small and medium-sized enterprises (SMEs). More than 80 percent of medical device companies have fewer than 50 employees, and many (notably innovative start-up companies) have little or no sales revenue. Medical device companies are located throughout the country, but are mainly concentrated in regions known for other high-technology industries, such as microelectronics and biotechnology. The states with the highest number of medical device companies include California, Florida, New York, Pennsylvania, Michigan, Massachusetts, Illinois, Minnesota and Georgia. Other states with significant sector employment include Washington, Wisconsin, and Texas.

U.S. medical device companies are highly regarded globally for their innovations and high technology products. Investment in medical device research and development more than doubled during the 1990s, and research and development investment in the domestic sector remains more than twice the average for all U.S. manufacturers.

The United States also holds a competitive advantage in several industries that the medical device industry relies upon, including microelectronics, telecommunications, instrumentation, biotechnology, and software development. Collaborations have led to recent advances including neuro-stimulators, stent technologies, biomarkers, robotic assistance and implantable electronic devices. Since the industry is fueled by innovation and the ongoing quest for better ways of treating or diagnosing medical problems, the future growth of this sector remains positive.

Source : Journal of devices..

Recommended by : Kevin Smith

Email : k.smith464453@gmail.com

https://www.linkedin.com/pub/kevin-smith/7/100/630

Global Medical Device Technologies Market

in Health and Medical by

The Global market for medical Device Technologies is expected to reach $ 642 billion by the end of 2020 growing at a CAGR of 7.2% from 2014 to 2020. Medical device manufacturing is a long process requiring robust SOPs & strict guidelines to be followed. Nowadays the design and production has become easier with the help of new modeling platforms. The new devices are dedicated towards a consumer driven model which includes wearable devices, wireless internet linked systems, etc. The technologies such as RFID and motion sensing are being used in monitoring devices. The medical device companies are finding out ways of implementing technology by understanding the needs of the customers & ensuring that the devices work round the clock.

United States is the largest medical device market because of large number of companies located in the country. Research & development investment in the companies has increased drastically which has in turn led to invention of new technologies The Global Top 10 Medical Device Technologies market is segmented on the basis of Type(mobility assisted technologies, bio-implants, diagnostic imaging, micro-arrays, minimally invasive & noninvasive surgery devices, biomaterials, mobile health & telemedicine, molecular diagnostics, drug discovery & drug delivery devices), End Users (hospitals, home based users, diagnostic centers, pharmaceutical and biotechnology companies, CROs, academia), and Geography (North America, Europe, Asia Pacific & Rest of the World).

Drivers
Technological advancements, rise in chronic disease( cardio-vascular diseases, cancer, COPD, etc), investment in research and development, rise in the number of aging population, need of preventive health care, increasing awareness of health and lifestyle are some of the major reasons driving the market.

Challenges
Strict FDA regulations, increase in taxes, increase in the cost of services & slowing revenue growth are some of the reasons hindering the growth of the market.

What the report offers
1) Market Definition for the specified topic along with identification of key drivers and restraints for the market.

2) Market analysis for the Global Medical Device Technologies Market, with region specific assessments and competition analysis on a global and regional scale.

3) Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.

4) Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.

5) Identification and analysis of the Macro and Micro factors that affect the Global Medical Device Technologies Market on both global and regional scale.

6) A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Wall Street Sees Opportunity In Medical Device Manufacturer Stocks

in Health and Medical by

There is a constant search by many individuals on Wall Street that are looking for new and innovative companies with technology that can change the industry. Historically one of the most successful and lucrative stocks have been those that had to do with medical devices. The reason for this is mainly for the fact that medical devices are things that many times are an absolute necessity for those with various health conditions. As a result, they are more willing to purchase one for their needs than they would something that they particularly did not need. Today, one of the technologies that is poised to change the medical device market and thus raise the stocks of those companies that produce them is a pulse oximeter. A pulse oximeter has been used for decades but only as of late has its functionality changed to accommodate more of a portable vital sign monitoring device.

Years ago technology such as the artificial heart valve was a true ground breaker in the field of medical products and many of the stocks that were associated with them rose quite significantly. As of recent there has been a lot of talk and action surrounding the companies and stocks that have to directly deal with pulse oximeter technology. The main reason for this is the fact that the product is quite revolutionary in every regard. The ability to monitor your pulse rate and blood oxygen saturation while on the go has been something that the market has been yearning for years. The benefit is that an individual lets say with asthma can purchase this portable device and wherever they may go they can constantly monitor their oxygen levels to make sure they are at healthy levels in order to prevent an asthma attack. The future of stocks related to these products is very bright and will see very much positive growth in the future. Although there does exist quite a bit of volatility in almost every sector in the market, however medical technology is a sector that will forever be in demand because it in essence is not a luxury but a necessity. Those that are suffering from various health conditions do in fact need these products because their entire health and welfare depends on it thus they will buy them. The aspect that makes this sector also attractive is the fact that there is constant change and evolution in the arena thus there is always room for growth in the future.

Design And Reserve Your Medical Device Prototype

in Health and Medical by

Today, we all can see the development and advancements in technology in every field. Whether it is engineering equipment, gadgets and electronics or medical devices, we can witness the boon of technology everywhere. There has been a wide transformation in the technology and utility of various devices, gadgets and machines. For example, earlier mobile phones were only made for making and receiving calls but today, mobile phones signify much more than that. They perform several other functions.

Similarly, the innovations in medical technology have led to the production of several machines and equipments which help in curing many small to many major and life threatening diseases. It is due to these machines that many diseases which seemed to be incurable in the past can now be treated completely. All these innovations in medical science have helped in reducing the death rates in the world and an increase in the life expectancy at birth.

There are many organizations and individuals, which are involved in the development of high technology machines and equipments. They put their high minds in the research, development and manufacturing of such machines. There are many machines in the market which we have already seen like CT scan machine, X-ray machines, eye testing and many more which are contributing much to the medical world and the patients. Researchers and scientists develop these machines to help the world and those who are in pain due to diseases and illness.

Behind any useful machine or device, there is an idea or a thought. The researchers and scientists first get their thought patented, then the research is done followed by the manufacture of the machine and finally the device is tested before being used publically. The conversion of a prototype to a product requires some steps to be followed. For the conversion purpose there are companies involved for that business. These companies help you to make your device efficient in such a way so that it will be ready for the release purpose in the market. Medical Device tubing is done by companies before the release of the product. The product is fully tested and gets the approvals after the full inspection.

You can contact the companies for new development of product. And with the support you will also get full benefit from the company designers and developers who can identify the flaws in the machine design and correct according to that. So, get the perfect design solution by contacting these companies for your medical device tubing requirement.

The Electronic Stethoscope Is An Amazing Medical Device

in Technology by

In the future the electronic stethoscope will be the choice of most medical professionals. Over the last few years electronic stethoscopes have really grown in popularity. Doctors and nurses can listen to and diagnose patients in any type of noisy setting they might be in because of this technology. The speed and accuracy of these electronic stethoscopes has helped many a physician to help save lives.

In the past doctors only had one choice, the acoustic stethoscopes. But the choices are much more than just the acoustic these days, thanks to the advances in micro electric technology and computer technology.

One of the big reasons that technology has changed and strived to improve the stethoscope is that in the past listening to faint sounds was a recurring problem with acoustic models. That meant that when using them in a loud environment it was next to impossible to properly give the patient a correct diagnosis.

So the electronic stethoscope came to be.

It has the ability to amplify body sounds to an amazing level where it can be comfortably heard, even in a noisy environment. Littmann is a leader in the electronic stethoscope arena. They design and manufacture some of the best stethoscopes available. A Littmann stethoscope is known for its mark of quality, excellence and durability. This is the stethoscope to get if you want an electronic one.

If a physician needs to do a consultation, in a lot of instances the consulted doctor can be emailed what was heard and recorded by the electronic stethoscope. Plus to make this all very simple and easy it comes with an inbuilt interface and a cable that can be easily attached to a recording device such as an I Pod, mp3 player, or a laptop.

In the end when you as a medical practitioner are looking for an extremely durable and light-weight stethoscope, the electronic stethoscope made by Littmann is a really great choice. The wonders of the modern technology in the electronic stethoscope can literally be the difference between life and death in some cases.