Tony Sommer’s Post

By integrating #AI with commonly used medical devices like stethoscopes, we’re not only enhancing their functionality but also making advanced diagnostics #accessible in both urban and remote locations. This democratization of healthcare technology promises to bridge gaps in care delivery, especially in underserved areas, and paves the way for a future where #preventive medicine is within everyone’s reach. Eko Health achieves a groundbreaking #FDA clearance for its AI program, integrated with digitally enhanced stethoscopes to detect low ejection fraction, a crucial indicator of #heartfailure , through a non-invasive method. Collaboration with Mayo Clinic ensuring clinical relevance and reliability. Over 3 million people in the U.S. could benefit from this technology. Trained on over 100,000 pairs of electrocardiograms and ultrasound exams, showing 74.7% sensitivity and 77.5% specificity. Imperial College London study confirms effectiveness with 84.8% sensitivity in #realworldevidence settings. #digitalhealth #healthcareai #cardiology #wearables #diagnosticai

𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐌𝐚𝐠𝐧𝐞𝐭𝐢𝐜 𝐑𝐞𝐬𝐨𝐧𝐚𝐧𝐜𝐞 𝐈𝐦𝐚𝐠𝐢𝐧𝐠 (𝐌𝐑𝐈): 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬 & 𝐓𝐫𝐞𝐧𝐝𝐬 𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐆𝐮𝐢𝐝𝐞: https://lnkd.in/d_zhtKu8 The Magnetic Resonance Imaging (MRI) market is set to undergo significant transformations as healthcare providers and innovators harness cutting-edge technology to improve patient outcomes, diagnostic accuracy, and operational efficiency. 🩺 Key Market Drivers: The global MRI market is expected to reach USD 11 Bn by 2031 and grow at a CAGR of 6.6% during the forecasted period 2024-2031, driven by several key factors: 🔹 Rising Prevalence of Chronic Diseases: As cardiovascular, neurological, and orthopedic conditions continue to rise, MRI serves as a critical diagnostic tool to detect and manage these diseases. 🔹 Technological Advancements: From AI-driven image analysis to portable and low-field MRIs, technology is making MRI more accessible, efficient, and personalized for patients. 🔹 Increased Demand for Non-Invasive Diagnostics: Patients and clinicians increasingly prefer non-invasive methods, making MRI a popular option due to its ability to capture detailed images without the need for radiation. 🔬 Emerging Trends to Watch: 🔹 AI and Machine Learning Integration: AI-driven MRI tools can enhance image clarity, reduce scan times, and even predict patient outcomes more accurately. 🔹 Portable MRI Solutions: Innovations in portability make MRI accessible to remote areas and resource-limited settings, potentially revolutionizing rural healthcare. Sustainable Imaging: Efforts are being made to reduce the environmental impact of MRI technology, including innovations that lower power consumption and improve system 🔹 durability. 🌍 Market Challenges: While there is immense potential, the industry faces challenges such as high costs of MRI systems, regulatory complexities, and disparities in access to advanced imaging technologies. 🚀 Opportunities Ahead: By embracing new technologies and focusing on affordability, stakeholders in the MRI market can improve healthcare delivery globally and drive greater health equity. Major Players Profiled in Study GE HealthCare Siemens Healthineers Philips Canon Medical Systems Corporation Hitachi Hologic, Inc. Inc. Bruker Esaote FUJIFILM Holdings Corporation SHIMADZU CORPORATION Aurora Imaging Technologies, Inc. #MagneticResonanceImaging #MRI #MedicalImaging #Radiology #DiagnosticImaging #BrainMRI #CardiacMRI #SpinalImaging #BodyMRI #NonInvasiveDiagnostics #MRIInnovation #AdvancedImaging #ImagingTechnology #HealthDiagnostics #FunctionalMRI #SiemensHealthineers #GEHealthcareMRI #PhilipsImaging #CanonMedical #MRIResearch

Happy Friday all! A lot of movement in MedTech this week, as the industry continues to innovate at a rapid pace. Here’s a snapshot of this week’s exciting advancements: Long term client, Boston Scientific announced plans to acquire Cortex, Inc., bolstering its capabilities with Cortex’s innovative neuromodulation technology for neurological treatments. Another solid acquisition to add to an impressive run of M&A over the last 2 years! More Neuro innovation as Precision Neuroscience Secures $93M in Series C, highlighting the growing interest in brain-computer interface (BCI) technology, aimed at treating neurological conditions and advancing communication solutions for patients AI in Surgical Navigation: Zeta Surgical’s Zeta Navigation System, recently FDA-cleared, expands its application in hospitals and leverages AI for enhanced surgical precision Strong Growth in Diabetes Management: Tandem Diabetes Care reported a 31% rise in Q3 sales, raising its guidance for the year due to increasing demand for innovative insulin pumps Robotic Precision in Cardiology: The University of Kansas Health System deployed Stereotaxis’ Genesis robotic system, marking a significant milestone in robotic-assisted cardiac procedures Orthopedic and Neurological Innovations: Corin Group received FDA clearance for its femoral stem implant, while NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) and Zimmer Biomet have partnered to expand brain condition treatments, underscoring ongoing advancements in personalized, tech-driven healthcare The medical device industry’s relentless innovation is reshaping patient care, driving toward more personalized and technology-enhanced solutions. Have a great weekend everyone! #medtech #meddevice #health #neurotech #

Deep vein thrombosis (DVT) is a significant health risk. According to the Fraunhofer Institute for Photonic Microsystems (IPMS), in about half of patients, the blood clot breaks away from the vein wall and travels to the lungs, where it can cause a pulmonary embolism. Approximately 25% of people who suffer a pulmonary embolism die as a result. This makes it the third leading cause of cardiovascular death worldwide, after stroke and heart attack. The danger: In up to two-thirds of all cases of thrombosis, people have no symptoms. This makes early detection a major challenge. The EU project "ThrombUS+" brings together 18 European partners to develop a new, portable diagnostic device. The EU is funding the project with 9.5 million EUR as part of the Horizon Europe Innovation Action. The ThrombUS+ project plans a portable cuff with an integrated ultrasound transducer for continuous vascular imaging of the lower limbs to detect venous thrombosis as soon as it occurs. In the project, Fraunhofer IPMS and VERMON are developing ultrasound transducer arrays for the portable component, which will enable continuous monitoring of DVT directly on site. Fraunhofer IPMS focuses on MEMS-based ultrasound transducers, so-called CMUTs (Capacitive Micromachined Ultrasonic Transducers). They are considered to be the next generation of medical ultrasound sensors. The low-cost mass production of CMUTs makes them widely available. Their advantages, such as miniaturization with a high number of channels, high bandwidth and sensitivity, open up the possibility of developing a completely new diagnostic system. The clinical, technical and regulatory experience gained in the ThrombUS+ project will therefore create new opportunities for market access of future complex AI-based medical devices. The project paves the way for a new era in which wearable devices and artificial intelligence can be used to transform diagnostics into continuous and autonomous point-of-care services. This will reduce the burden on physicians. The interdisciplinary and international composition of the consortium is crucial to its success. #Healthcare #FraunhoferIMS #HorizonEurope #MedTech #MedicalDevices

[RSNA 2024] Philips CMO Carla Goulart Peron, MD MBA shares insights on how AI transforms healthcare, as showcased at RSNA 2024. From helium-free MRI scanners to AI-powered precision imaging, Philips is addressing global challenges like staff shortages and access disparities. Peron highlights innovations that improve workflows, enable earlier diagnoses, and expand healthcare access to underserved regions. #AIinHealthcare #HealthcareInnovation #Radiological Society of North America (RSNA) https://lnkd.in/gSaKNKSE

🚨 𝗨𝗻𝗹𝗼𝗰𝗸 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝗘𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗨𝗹𝘁𝗿𝗮𝘀𝗼𝘂𝗻𝗱 𝗗𝗲𝘃𝗶𝗰𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁! 🩺 IndustryARC™  Ultrasound Devices Market Size is forecast to reach $13945 Million by 2030, at a 5.20% during forecast period 2024-2030. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞: 👉 https://lnkd.in/g52y2FD6  The #Ultrasound Devices Market is witnessing remarkable advancements, driven by cutting-edge technology and increasing demand for precise #diagnostic tools. 🌐 From portable handheld systems to AI-powered imaging solutions, the industry is transforming healthcare delivery like never before. 𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬: 𝗥𝗶𝘀𝗶𝗻𝗴 𝗗𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗣𝗼𝗿𝘁𝗮𝗯𝗹𝗲 𝗮𝗻𝗱 𝗛𝗮𝗻𝗱𝗵𝗲𝗹𝗱 𝗨𝗹𝘁𝗿𝗮𝘀𝗼𝘂𝗻𝗱 𝗗𝗲𝘃𝗶𝗰𝗲𝘀 🩺💼 #Advancements in miniaturization and wireless technology are driving the adoption of portable and handheld ultrasound devices. These compact units are increasingly popular for point-of-care diagnostics, particularly in emergency rooms and remote settings, offering convenience and real-time imaging without compromising quality. 𝗔𝗜-𝗣𝗼𝘄𝗲𝗿𝗲𝗱 𝗨𝗹𝘁𝗿𝗮𝘀𝗼𝘂𝗻𝗱 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻𝘀 🤖📈 #Artificial #Intelligence is revolutionizing ultrasound technology by enhancing image accuracy and automating analysis. AI-driven tools assist clinicians in detecting anomalies faster, reducing diagnostic errors, and improving #workflow efficiency, making ultrasound devices smarter and more user-friendly. 𝗘𝘅𝗽𝗮𝗻𝗱𝗶𝗻𝗴 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 𝗶𝗻 𝗡𝗼𝗻-𝗧𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗔𝗿𝗲𝗮𝘀 🧠🌱 #Beyond traditional obstetrics and #cardiology, ultrasound devices are now utilized in oncology, neurology, and even regenerative medicine. Emerging applications like musculoskeletal imaging and therapy guidance are #broadening the market's scope, boosting its versatility and appeal across specialties. 𝐆𝐞𝐭 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨: https://lnkd.in/g5QQCYCj   𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: GE HealthCare | Siemens Healthineers | Hitachi Canon Medical Systems Corporation | FUJIFILM Sonosite, Inc. | Alpinion Medical Systems | Esaote | FUJIFILM Holdings Corporation| Samsung Medison | Abbott | Cardinal Health | EDAN Instruments, Inc. | Medtronic | Siemens | Philips | Canon Medical Systems USA, Inc. | Baxter International Inc. | Cerner Corporation | ✨ (𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐟 𝟏𝟎𝟎𝟎$ 𝐨𝐧 𝐚𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐬 | 𝐔𝐬𝐞 𝐂𝐨𝐝𝐞: 𝐅𝐋𝐀𝐓𝟏𝟎𝟎𝟎 𝐚𝐭 𝐜𝐡𝐞𝐜𝐤𝐨𝐮𝐭) https://lnkd.in/gN2qBf-a #ultrasound #medicaldevices #healthcare #technology #diagnostics #medicalimaging #sonography #radiology #healthcareIT #medicaltech #innovation #healthtech #digitalhealth #biomedicalengineering #medicalindustry

The global MR Neuro Imaging market was valued at US$ 6210 million in 2023 and is anticipated to reach US$ 7869.5 million by 2030 witnessing a CAGR of 3.4% during the forecast period 20242030. Global MR Neuro imaging market key players include Siemens Philips GE etc. and the top 3 players hold a share over 50%. Superconducting is the key type which accounted for a share over 80%. Hospitals is the main application which covers over 60%. #GlobalMRNeuroImagingMarket #HealthcareIndustry #NeurologicalConditions #Siemens #Philips #GE #Superconducting #PermanentMagnet #Hospitals #ImagingCenters

🚨 𝗨𝗻𝗹𝗼𝗰𝗸 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝗘𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗨𝗹𝘁𝗿𝗮𝘀𝗼𝘂𝗻𝗱 𝗗𝗲𝘃𝗶𝗰𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁! 🩺 IndustryARC™  Ultrasound Devices Market Size is forecast to reach $13945 Million by 2030, at a 5.20% during forecast period 2024-2030. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞: 👉 https://lnkd.in/gHCW5xpa  The #Ultrasound Devices Market is witnessing remarkable advancements, driven by cutting-edge technology and increasing demand for precise #diagnostic tools. 🌐 From portable handheld systems to AI-powered imaging solutions, the industry is transforming healthcare delivery like never before. 𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬: 𝗥𝗶𝘀𝗶𝗻𝗴 𝗗𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗣𝗼𝗿𝘁𝗮𝗯𝗹𝗲 𝗮𝗻𝗱 𝗛𝗮𝗻𝗱𝗵𝗲𝗹𝗱 𝗨𝗹𝘁𝗿𝗮𝘀𝗼𝘂𝗻𝗱 𝗗𝗲𝘃𝗶𝗰𝗲𝘀 🩺💼 #Advancements in miniaturization and wireless technology are driving the adoption of portable and handheld ultrasound devices. These compact units are increasingly popular for point-of-care diagnostics, particularly in emergency rooms and remote settings, offering convenience and real-time imaging without compromising quality. 𝗔𝗜-𝗣𝗼𝘄𝗲𝗿𝗲𝗱 𝗨𝗹𝘁𝗿𝗮𝘀𝗼𝘂𝗻𝗱 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻𝘀 🤖📈 #Artificial #Intelligence is revolutionizing ultrasound technology by enhancing image accuracy and automating analysis. AI-driven tools assist clinicians in detecting anomalies faster, reducing diagnostic errors, and improving #workflow efficiency, making ultrasound devices smarter and more user-friendly. 𝗘𝘅𝗽𝗮𝗻𝗱𝗶𝗻𝗴 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 𝗶𝗻 𝗡𝗼𝗻-𝗧𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗔𝗿𝗲𝗮𝘀 🧠🌱 #Beyond traditional obstetrics and #cardiology, ultrasound devices are now utilized in oncology, neurology, and even regenerative medicine. Emerging applications like musculoskeletal imaging and therapy guidance are #broadening the market's scope, boosting its versatility and appeal across specialties. 𝐆𝐞𝐭 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨: https://lnkd.in/gkBSnZrE   𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: GE HealthCare | Siemens Healthineers | Hitachi Canon Medical Systems Corporation | FUJIFILM Sonosite, Inc. | Alpinion Medical Systems | Esaote | FUJIFILM Holdings Corporation| Samsung Medison | Abbott | Cardinal Health | EDAN Instruments, Inc. | Medtronic | Siemens | Philips | Canon Medical Systems USA, Inc. | Baxter International Inc. | Cerner Corporation | ✨ (𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐟 𝟏𝟎𝟎𝟎$ 𝐨𝐧 𝐚𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐬 | 𝐔𝐬𝐞 𝐂𝐨𝐝𝐞: 𝐅𝐋𝐀𝐓𝟏𝟎𝟎𝟎 𝐚𝐭 𝐜𝐡𝐞𝐜𝐤𝐨𝐮𝐭) https://lnkd.in/gRcKcSKi #ultrasound #medicaldevices #healthcare #technology #diagnostics #medicalimaging #sonography #radiology #healthcareIT #medicaltech #innovation #healthtech #digitalhealth #biomedicalengineering #medicalindustry 

𝗕𝗼𝗻𝗲 𝗚𝗿𝗼𝘄𝘁𝗵 𝗦𝘁𝗶𝗺𝘂𝗹𝗮𝘁𝗼𝗿𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: 𝐋𝐞𝐚𝐫𝐧 𝐀𝐥𝐥 𝐲𝐨𝐮 𝐍𝐞𝐞𝐝 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐀𝐛𝐨𝐮𝐭 (𝐋𝐚𝐭𝐞𝐬𝐭 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧) IndustryARC™  The Bone Growth Stimulators Market size is estimated to reach $1.9 billion by 2027. Furthermore, it is poised to grow at a CAGR of 5.4% over the forecast period of 2022-2027. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞: 👉 https://lnkd.in/g-2fDuSi   𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬: 𝗥𝗶𝘀𝗶𝗻𝗴 𝗔𝗱𝗼𝗽𝘁𝗶𝗼𝗻 𝗼𝗳 𝗡𝗼𝗻-𝗜𝗻𝘃𝗮𝘀𝗶𝘃𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 🩻 Non-invasive bone growth stimulators are gaining traction due to their convenience and minimal side effects. These devices offer effective healing for fractures and bone-related conditions without surgical intervention, making them a preferred choice among patients and healthcare providers. 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗰𝗮𝗹 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗗𝗲𝘃𝗶𝗰𝗲𝘀 💡 Integration of AI, IoT, and wearable technologies is transforming the bone growth stimulator market. Modern devices provide real-time monitoring, enhanced patient compliance, and personalized treatment plans, driving innovation and improving clinical outcomes. 𝗚𝗿𝗼𝘄𝗶𝗻𝗴 𝗙𝗼𝗰𝘂𝘀 𝗼𝗻 𝗢𝗿𝘁𝗵𝗼𝗽𝗲𝗱𝗶𝗰 𝗛𝗲𝗮𝗹𝘁𝗵𝗰𝗮𝗿𝗲 🏥 With an aging population and increasing prevalence of orthopedic conditions like osteoporosis, demand for bone growth stimulators is on the rise. Governments and healthcare providers are investing more in advanced treatment options, expanding market opportunities. 𝐆𝐞𝐭 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨: https://lnkd.in/gVnmHBJt   𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Johnson & Johnson | Zimmer Biomet,| Stryker | Medtronic Boston Scientific VF Corporation | Smith+Nephew | Orthofix| Bioventus | Pfizer| Bayer | CVS Health | McKesson | The Cigna Group | Cardinal Health | Sinopharm Group Company Limited | Roche | HCA Healthcare UK | Merck Group   ✨ (𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐟 𝟏𝟎𝟎𝟎$ 𝐨𝐧 𝐚𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐬 | 𝐔𝐬𝐞 𝐂𝐨𝐝𝐞: 𝐅𝐋𝐀𝐓𝟏𝟎𝟎𝟎 𝐚𝐭 𝐜𝐡𝐞𝐜𝐤𝐨𝐮𝐭) https://lnkd.in/gF2nGFFb #BoneGrowthStimulators #MedicalDevices #Orthopedics #RegenerativeMedicine #Healthcare #Biotechnology #Innovation #PatientCare #SurgicalTechnology 

🚀 EMVision Medical Devices , an Australian medical device company developing innovative portable brain imaging technology, announced a US$10 million (~A$15.28m) strategic investment from Keysight Technologies. The investment provides EMVision with a fully funded commercial runway for its emu™ device: a pioneering advancement in stroke care, intended to provide rapid diagnostic imaging to accelerate the delivery of urgent, life-saving care, particularly in settings where traditional imaging modalities such as CT and MRI are not readily available. 💬 Scott Kirkland, Founder and CEO at EMVision, said, “Keysight’s investment is an endorsement of our mission to improve global stroke outcomes and we’re thrilled to embark on this next phase of growth together. Their commitment to being at the frontline of innovation aligns perfectly with EMVision’s progress towards making ubiquitous portable brain imaging a reality.” Huei Sin Ee, Keysight Technologies President, Electronic Industrial Solutions Group, said: "Keysight’s technology leadership, particularly our industry-leading data acquisition speeds, alongside EMVision’s brain scanning innovation, strategically positions our companies to spearhead significant developments in cutting-edge imaging solutions.” 👉 Read more: https://lnkd.in/dScY4NWU #MedicalDevices #MedicalDevice #MedicalEquipment #Medicine #TechNews #Funding #MedTechFunding #FundingRound #GSCapitalConnect