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The Medical Industry Briefing
The latest news, approvals and clinical trials you need to know about this month
Data: News
in Numbers
2023
The drug delivery device market in India is on course to reach $510m by 2023
57%
A survey from the Pew Research Center showed that more than half of participants approve of gene editing being used in research related to engineering animals to be human organ donors
50%
The drug delivery devices market in North America comprises roughly half of the global market according to GlobalData
60 minutes
A research team led by a Stanford University School of Medicine professor has developed an imaging technique that can diagnose live tuberculosis in an hour
$1.68bn
The value that the medical device connectivity market is expected to exceed by 2022
Top Stories
Wearable device can measure electrophysiological signals
A research team at the Center for Nanoparticle Research, within the Institute for Basic Science (IBS), has developed a wearable and implantable device that measures electrophysiological signals and applies electrical and thermal stimulations.
Source: Research & Development
Self-powered sensor could allow doctors to remotely monitor patient recovery
A new sensor developed by researchers from the University of Waterloo is designed to help doctors monitor patient rehabilitation after joint surgery. The sensor is attached to braces around the impacted joint and relays information to the physician via computer, smartphone or smartwatch.
Source: Med Tech Innovation
Changing the way we search for antibiotics
Researchers from McMaster University have designed and built specialized hardware for their research using an in-house 3D printer. The new lab instrument is capable of collecting massive amounts of data that will help these researchers in their quest to discover new antibiotics.
Source: Science Daily
GORE Molding & Occlusion Balloon approved in US, EU, Japan
Gore is releasing its GORE Molding & Occlusion Balloon following regulatory approvals in the U.S., Japan, and Europe. The device is a compliant polyurethane balloon catheter designed for use in opening up self-expanding stent grafts or to temporarily occlude wide vessels.
Source: Med Gadget
Embracing Emerging Technologies
Livongo Health
This California-based medical device startup has created Livongo for Diabetes, a system of various linked devices that enable patients with diabetes to connect with a virtual care team.
Earlier this year, it completed a $105m round of funding, which it plans to use to support market growth and further develop its consumer platform.
Nico.lab
Dutch health-tech venture Nico.lab is gearing up for an initial public offering in Australia after raising €3m from investors earlier this year.
The company’s software product StrokeViewer uses artificial intelligence to accurately identify and analyse stroke indicators from brain scans. In addition to accelerating both diagnosis and treatment, StrokeViewer can also provide additional information about brain function in serious situations.
Rubi Life
Rubi Life has vast potential in the pregnancy device market as it has created the world’s first passive foetal monitor, called Rubi. Rubi is a wearable device containing sensors that can track foetal movement in the third trimester.
The concept is based on scientific studies indicating that counting a baby’s kicks inside the womb is an easy, non-invasive, free and reliable way to monitor a baby’s well-being.
Clinical Science Systems
The eeg.services platform introduces a different kind of electroencephalography (EEG) related technique with the aim of getting better results than the standard models currently available.
The platform works as a 24/7 service analysing data recorded from the user. It can be activated by downloading the NeuroCenter EEG app for a tablet, phone or other devices running Android, iOS, Linux and Windows apps.
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