Healthcare sector quadruple aim goals boosts medical imaging & informatics market

WORLD – Based on a recent analysis by Frost & Sullivan, Global Medical Imaging & Informatics Outlook, 2021, the market opportunity is estimated to hit US$37.10 billion in 2021 from US$33.90 billion in 2020, registering growth at 9.4% under an aspirational scenario. This is a trend attributed to the healthcare sector’s emphasis on meeting its Quadruple Aim goal of cost reduction, clinical outcomes, enhance the patient and caregiver experience, and improve the work-life of healthcare providers. With the onset of the pandemic, a focus on efficiency and productivity will attain…

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Medtronic integrates robotic-assisted surgery system program in hospitals across Chile

US – Medtronic, an American-Irish registered medical device company, has integrated hugo robotic-assisted surgery (RAS) system at Hospital Clinico de la Red de Salud UC CHRISTUS in Santiago, Chile, to support the teaching institution’s new robotic surgery program. UC CHRISTUS is the latest institution to join Medtronic’s Partners in Possibility Program, a group of pioneering hospitals that will be among the first in the world to use the Hugo RAS system in support of the Hugo system patient registry. The Hugo RAS system combines the precision of wristed instruments with…

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GE Healthcare’s newly integrated deep learning solution will improve accuracy for radiation oncology treatment

US – GE Healthcare will integrate Spectronic Medical AB’s, a Swedish based med tech company, AI-based software into AIR Recon Deep Learning (DL) technology in a bid to improve cancer treatment with precise planning. This AI solution, in combination with GE Healthcare’s industry leading AIR Recon DL technology, enables MR-only based radiotherapy planning for better soft tissue differentiation than traditional CT, so clinicians can better direct radiotherapy. The solution will provide high quality images to precisely target lesions while sparing healthy tissue that around 60% of cancer patients need in…

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MHRA’s putting patients first delivery plan set to be implemented from 2021-2023

UK – The United Kingdom Medicines and Healthcare products Regulatory Agency (MHRA), has rolled out a new and ambitious delivery plan centered around putting patients first under its new guidelines. ‘Putting patients first: A new era for our agency’ delivery plan, will ensure the agency keeps a constant focus on delivering meaningful outcomes for patients, protecting public health through excellence in regulation and science and becoming a truly world-leading, enabling regulator. The delivery plan’s main focus will be to ensure the MHRA draws together its scientific and regulatory expertise to…

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Alzheimer’s disease gaining recognition as researchers and pharma companies work to find therapy

WORLD– According to World Health Organization (WHO), Alzheimer’s disease attributes to around 60-70 % cases of dementia cases globally. WHO projects that by the year 2030, 82 million cases of Dementia will be recorded which will nearly double by the year 2050 hence more cost of treatment which currently stands at US$818Bper annum, equivalent to 1.1% of global gross domestic product (GDP). The disease currently has no cure and has prompted researchers and pharma-based companies to work a way on how to develop its therapy as also a measure to…

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UK based biotech start-up Kuano raises US$1.38M to venture into Artificial Intelligence-driven drug discovery

UK – Kuano, a UK-based startup that deals in Artificial Intelligence, has raised £1M in seed funding to further expedite the development of its platform for the discovery of therapeutics meant to target enzyme inhibition. The £1 million in funding will go towards expanding the technology team and the further development of the company’s platform and assets, including its own range of novel therapeutics. It will also be used to create a data bank for use in its work with academic and commercial partners. Kuano’s software platform creates rapid, cost…

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Philips’ strategic partnership with NicoLab set to accelerate stroke diagnosis and treatment

NETHERLANDS – Royal Philips, a global leader in health technology, has partnered with NicoLab, a MedTech stroke care company, to increase leverage on Philips’ stroke portfolio. Philips has a deep portfolio of stroke care solutions and a strong commitment to further innovation in this field. The partnership with NicoLab brings a cloud-based, end-to-end artificial intelligence (AI) based stroke triage and management solution, StrokeViewer, that aims to improve patient outcome by optimizing the stroke workflow. Together with the recently expanded stroke capabilities of Philips Image Guided Therapy System, Azurion, this new…

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Swift medical partners with Accentcare as it aims to venture into the home-based health market

CANADA – Digital wound care start-up Swift Medical is partnering with one of the largest home health providers, AccentCare, to get its technology into the hands of thousands of care providers in moves to secure a bigger share of the home health market. Post-acute healthcare company AccentCare serves more than 210,000 individuals across 31 states and plan to use Swift Medical’s digital wound management platform to improve care for the highest complexity wound patients in the home. Swift Medical’s technology is able to capture wound care information by waving the…

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World Health Organisation gives guidance report on the use and design of AI in healthcare

SWITZERLAND – According to the new WHO guidance, artificial Intelligence (AI) holds great promise for improving the delivery of healthcare and medicine worldwide, but only if ethics and human rights are put at the heart of its design, deployment, and use published today. The report, Ethics and governance of artificial intelligence for health, is the result of 2 years of consultations held by a panel of international experts appointed through WHO. AI can be, and in some wealthy countries is already being used to improve the speed and accuracy of…

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Five artificial intelligence-led startups selected by GE Healthcare and Warya for accelerator program

UK – Five HealthTech start-ups have officially become the first cohort of the Edison Accelerator, a healthcare start-up and scale-up acceleration programme designed by GE Healthcare in partnership with innovation organization Wayra UK. The start-ups all focus on applying AI to augment medical imaging, improve oncology care and improve the patient experience. Estimates suggest that over 400,000 European lives could be saved annually through the application of AI in healthcare, and could free up 1.8 billion hours of clinicians’ time to focus on what matters most; the patient. The selected…

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