Top Device Companies

Siemens, GE, Royal Philips See Profits In Selling Imaging Devices To China

Siemens, Royal Philips Electronics and General Electric seek to take advantage of China’s $125 million health care-reform plans. The three device makers are vying to supply CT-scanners to new hospitals and clinics that will need medical devices to provide the universal health care promised by the government over the next three years. Although Chinese companies provide little competition, some of the device makers complain China policy is too protective of local technology, making it difficult for foreign firms to operate. (Click here for more – a subscription may be required)

“CT Scan Makers Gun For China” – Wall Street Journal (U.S.) (7/27/10)

Medical device manufacturers facing many challenges: from the rising clout of group purchasing organizations (GPOs) to payment bundling and physicians' growing allegiance with hospitals in product price negotiations. Get all the answers now in new Medtech Insight's new 24-page Special Report: Medical Device Landscape: How regulatory changes and cost control measures are reshaping the industry. Available for purchase now!

GE, Others With Patient-Monitoring Devices Face Roadblock In Boeing

GE Healthcare and other companies seeking to expand the medical-monitoring industry are being challenged by airplane-maker Boeing. At issue is use of the electromagnetic radio spectrum controlled by the Federal Communications Commission. The remote-monitoring devices planned by device makers such as GE operate most efficiently in a narrow part of the spectrum currently assigned to Boeing to test airplane safety. Boeing is attempting to block reassignment of that part of the spectrum because of the cost to its operations. (Click here for more)

“GE Healthcare Path To Patient-Monitoring Boom Impeded By Boeing” – Bloomberg (7/22/10)

Medical device manufacturers facing many challenges: from the rising clout of group purchasing organizations (GPOs) to payment bundling and physicians' growing allegiance with hospitals in product price negotiations. Get all the answers now in new Medtech Insight's new 24-page Special Report: Medical Device Landscape: How regulatory changes and cost control measures are reshaping the industry. Available for purchase now!

GE, Nihon Defibrillator Marketers Hit By Ordered Replacement Of 24,000

GE Healthcare and Nihon Kohden defibrillators, which they market for Cardiac Science, are considered defective and must be replaced, Cardiac said. At issue are 24,000 defibrillators with flawed electrical components that could cause the devices to fail. The FDA advised Cardiac the problem could not be fixed with software patches, so the company plans to replace the 24,000 sold to police and fire departments, hospitals and clinics. Other owners of the estimated 280,000 external defibrillators on the market are to be advised to continue using theirs until a replacement is available. (Click here for more)

“Cardiac Science To Replace 24,000 Defective Defibrillators” – Mass Device (7/19/10)

Medical device manufacturers facing many challenges: from the rising clout of group purchasing organizations (GPOs) to payment bundling and physicians' growing allegiance with hospitals in product price negotiations. Get all the answers now in new Medtech Insight's new 24-page Special Report: Medical Device Landscape: How regulatory changes and cost control measures are reshaping the industry. Available for purchase now!

Bayer, GE, Avid Get Positive Feedback For Alzheimer’s Scans

Bayer, General Electric and Avid Radiopharmaceuticals, all makers of scanning devices for detecting Alzheimer’s disease, have received promising feedback about the efficacy of their machines. The three, which developed their scans independently, had to show their devices can reveal as much about the disease as an autopsy. Avid says it has done so in a study presented to an international conference. All of the new scanning devices rely on a radioactive dye that attaches to brain plaque, making it visible on PET scan. (Click here for more – a subscription may be required)

“New Scan May Spot Alzheimer’s” – New York Times (7/12/10)

Medical device manufacturers facing many challenges: from the rising clout of group purchasing organizations (GPOs) to payment bundling and physicians' growing allegiance with hospitals in product price negotiations. Get all the answers now in new Medtech Insight's new 24-page Special Report: Medical Device Landscape: How regulatory changes and cost control measures are reshaping the industry. Available for purchase now!

GE, Siemens, Philips Eye India’s Fast-Growing Devices Market

GE Healthcare is looking to capitalize on India’s $3 billion medical-device market growing at the rate of more than 10 percent a year. GE is part of a venture with Wipro of India aiming at what a PriceWaterhouseCoopers official called a market for “first-world technology at third-world prices,” making India a training ground for marketing in Africa and Latin America. He said that same market was attracting other device makers such as Siemens and Philips who, along with GE, plan to adopt a local-for-local strategy in India. (Click here for more)

“In India, For India: Medical Device Makers Plug In” – Reuters (7/4/10)

Medical device manufacturers facing many challenges: from the rising clout of group purchasing organizations (GPOs) to payment bundling and physicians' growing allegiance with hospitals in product price negotiations. Get all the answers now in new Medtech Insight's new 24-page Special Report: Medical Device Landscape: How regulatory changes and cost control measures are reshaping the industry. Available for purchase now!

GE CT Technology Pioneer Says In Study Software Cuts Exposure

The man behind General Electric’s Adaptive Statistical Iterative Reconstruction CT imaging technology in 2008 says in a study new software could cut radiation exposure. The research team headed by Daniel Johnson, who studied the ASIR behind the GE  technique, said the program allows physicians to cut radiation doses by half in a colon scan. The published study said the program allows use of far less radiation even in typical CT scans, a concern that has been raised recently as a danger to patients. In addition to GE, Siemens and Philips have been working on reducing the amount of radiation necessary to produce a CT image. (Click here for more)

“Software Cuts CT Radiation Dose In Half: U.S. Study” – Reuters (6/21/10)

Medical device manufacturers facing many challenges: from the rising clout of group purchasing organizations (GPOs) to payment bundling and physicians' growing allegiance with hospitals in product price negotiations. Get all the answers now in new Medtech Insight's new 24-page Special Report: Medical Device Landscape: How regulatory changes and cost control measures are reshaping the industry. Available for purchase now!

GE India Unit To Make Devices, Expand R&D Work Next Two Years

GE Healthcare Life Sciences says it plans to begin producing medical devices in India within the next two years, using three manufacturing facilities in Bangalore. The company, a division of U.S.-based General Electric, also plans to add to its research-and-development efforts, where staff already has quadrupled over the past year. The GE plan is to move beyond a focus on software products into applications requiring more engineering. (Click here for more)

“GE To Make Life Sciences Equipment In India In Two Years” – Financial Express (6/10/10)

Medical device manufacturers facing many challenges: from the rising clout of group purchasing organizations (GPOs) to payment bundling and physicians' growing allegiance with hospitals in product price negotiations. Get all the answers now in new Medtech Insight's new 24-page Special Report: Medical Device Landscape: How regulatory changes and cost control measures are reshaping the industry. Available for purchase now!

Siemens, Philips, GE, Other Radiation Device Makers Agree To Safeguards

Siemens, Philips, GE Healthcare and other major makers of radiation-emitting devices for treating cancer agreed to guard against excessive doses. The makers agreed to add elements to prevent the devices from operating unsafely, phasing in the safeguards over the next two years. Focused-beam machines are to work only when positioning accessories are in place, and other gear would require programmed treatment plans supplied by a physician or medical physicist before they can operate. (Click here for more)

“Radiation Device Makers To Add Safety Checks” – Reuters (6/9/10)

Medical device manufacturers facing many challenges: from the rising clout of group purchasing organizations (GPOs) to payment bundling and physicians' growing allegiance with hospitals in product price negotiations. Get all the answers now in new Medtech Insight's new 24-page Special Report: Medical Device Landscape: How regulatory changes and cost control measures are reshaping the industry. Available for purchase now!

GE Gets NIH Grant To Develop System To Save Nerves During Surgery

General Electric has received a $4 million federal grant to develop a system that could help reduce nerve damage during surgeries by making it easier for doctors to see the nerves. The grant is intended to support research on a chemical GE developed to attach to nerves to make them more visible, particularly those surrounding the prostate. The National Institutes of Health funding is to enable surgeons to have a clearer line of sight to the nerves in the operating room. (Click here for more)

“GE Gets $4 Million Grant For Nerve-Sparing System” – Reuters (6/9/10)

Medical device manufacturers facing many challenges: from the rising clout of group purchasing organizations (GPOs) to payment bundling and physicians' growing allegiance with hospitals in product price negotiations. Get all the answers now in new Medtech Insight's new 24-page Special Report: Medical Device Landscape: How regulatory changes and cost control measures are reshaping the industry. Available for purchase now!

GE Healthcare Sees Staff Expansion To Meet Expanding Dollars In India

GE Healthcare is among large makers of medical devices in India looking for talented workers even as it seeks large acquisitions. GE Healthcare says some of its segments could end up tripling manpower as the firm expands its share of an Indian medical-devices market estimated as worth $3 billion, a third of that in imaging products alone. GE Healthcare already has 2,500 employees in India, where it set up shop in 1990, and expects its staff to expand by at least 20 percent this year. (Click here for more)

“Medical Tech Firms On Talent Hunt” – Economic Times (6/7/10)

Medical device manufacturers facing many challenges: from the rising clout of group purchasing organizations (GPOs) to payment bundling and physicians' growing allegiance with hospitals in product price negotiations. Get all the answers now in new Medtech Insight's new 24-page Special Report: Medical Device Landscape: How regulatory changes and cost control measures are reshaping the industry. Available for purchase now!