Medical Devices Industry News

Increasing number of hospitalization cases and improving healthcare infrastructure around the world are the predominant drivers of the global automated dispensing machines market . In addition, technological advancement in medication dispensing machines and growing demand for automated dispensing systems are also driving the growth of global automated dispensing machines market.  Increasing numbers of mergers and acquisitions is one of the major trends observed in the global automated dispensing machines market.   Automated dispensing systems are centralized and decentralized medication distribution systems, which provide computer-controlled storage and dispensing of medications. These systems permit nurses to obtain medications for treatment of patients suffering from various health conditions. The automated dispensing systems require user identifiers and their passwords, and electronic devices track the patients for whom prescribed medications are administered a...

The global  aortic valve market  is forecasted to attain revenue of $13.6 billion by 2025, according to P&S Market Research. The market is mainly driven by increasing prevalence of valvular diseases, increasing demand for minimally invasive surgeries (MISs), rise in number of clinical trials for heart valves, and introduction of advanced implants. The different types of valves available in the aortic valve market are transcatheter valves, sutureless valves and others. Among these, transcatheter valves attained the largest share of 58.8% in the market, in 2017. This leading position of the category is attributed to increasing initiatives for research activities for developing transcatheter valves and increasing number of clinical trials to study transcatheter valves. For instance, In December 2017,   Edwards Lifesciences Corporation announced new data demonstrating the economic advantages of the company’s SAPIEN 3 transcatheter aortic valve. On the bas...