Market Reports

NIH Awards $3M to BioSensics to Develop First-in-Kind Wearable Sensor

BioSensics, Newton, MA, has received a $3 million, three-year award from the U.S. National Institutes of Health (NIH). This grant will support the development of a...

Sterling Medical Devices and RBC Medical Innovations Rebrand as Vantage MedTech

Sterling Medical Devices and RBC Medical Innovations has rebranded the combined company as Vantage MedTech. According to the company, leveraging decades of industry...

Excelitas Technologies to Acquire Heraeus Noblelight Business

Excelitas Technologies Corp., which produces photonic solutions for the industrial and medical markets, has signed a definitive agreement with Heraeus Group (Hanau, Germany) to...

Joint Venture: SABIC, SINOPEC Open PC Plant

SABIC and SINOPEC announced the commercial operation of a new polycarbonate (PC) plant at their 50–50 joint venture (JV) — SINOPEC SABIC Tianjin Petrochemical Co. Ltd. (SSTPC). Khalid Hashim...

Inside the OEM: Smith & Nephew

With COVID behind them and patients and their physicians returning to elective procedures, Smith & Nephew is seeing strong market revenue growth in 2022, according to CEO Deepak Nath, who spoke during its first quarter trading update.

Critical Manufacturing Expands Operations into Mexico

Critical Manufacturing, a developer of manufacturing execution systems (MES) for global, multi-site operations, has expanded into Mexico, reinforcing its commitment to delivering...

Intricon to Open Costa Rica Facility Dedicated to Sensor-Driven Medical Devices

Intricon plans to open the first facility in Costa Rica dedicated to the development and manufacturing of medical devices that incorporate microelectronics,...

AI in Healthcare: BioSig Partners with Reified Labs

BioSig Technologies, Inc. announced a new collaboration agreement in June with Reified Labs, a technical advisory service specializing in advanced artificial intelligence (AI). Together,...

From The Editor - Patient Demand Drives Smart Drug-Delivery Systems Market

A recent report reveals that the growth in prevalence of chronic diseases and rise in patient preference for advanced drug-delivery systems are driving the global smart drug-delivery systems market.

Disruption Is on the Horizon: Trends in Precision Surgery

Medical technology is nearing the brink of a large-scale disruption. Attitudes are shifting, and there is a renewed focus on interoperability and data. Throughout 2023, I’m excited to see clinical influencers increasingly engaged to apply their expertise to clinical product development.

MGS Mfg. Group Acquires Denmark-Based Technolution

MGS Mfg. Group, Inc. (MGS), a global provider of integrated manufacturing solutions for complex, high-precision plastic components for healthcare and pharma applications, has acquired...

Mactac Acquires Label Supply, Canadian Distributor of Roll Label Products

Mactac, a LINTEC Company, is acquiring Label Supply, headquartered in Ontario, Canada. Label Supply has been servicing the Canadian roll label market for more than three...

IVD Market to See Significant Drop in Sales as COVID-19 Emergency Ends

The World Health Organization (WHO) announced on May 5 that COVID-19 is no longer a global emergency. This comes as a relief to the public, but for many medical device...

NeuroOne Launches Evo sEEG Electrodes in U.S.

NeuroOne Medical Technologies Corp. , a medical technology company focused on improving surgical care options and outcomes for patients suffering from neurological disorders, has announced the...

Inside the OEM: Siemens Healthineers

Siemens Healthineers is a unique investment case, said CEO Bernd Montag on a recent analyst call. The global medtech company operates in markets that are structurally growing and those that benefit from several secular growth trends, he said.

From the Editor - Report: Top 10 Growth Opportunities for Healthcare

What technologies do you have in your portfolio? According to a recent report, “a combined regime of macro volatility and industry forces is playing out” that requires rethinking product portfolios.

Performance Review Institute Acquires SRI Quality System Registrar

The Performance Review Institute (PRI) has expanded its management systems certification portfolio through the acquisition of SRI Quality System Registrar. SRI is headquartered...

MD&M West Show Preview

Much more than a medical technology trade show, MD&M West exists to improve lives through continuing education, sharing knowledge, and bringing opportunities to all.

Intricon Launches Center of Excellence Exclusively for Biosensor Medical Devices

Intricon, a developer and manufacturer of medical devices powered by smart miniaturized electronics, has launched a new Biosensors Center of Excellence (CoE). The...

Global Medical Tubing Market To Grow At A CAGR of 5.5% By 2030

The global medical tubing market size was worth around USD 10.5 billion in 2021 and is predicted to grow to around USD 17.0 billion by 2030 with a compound annual growth rate...

Contract Manufacturer Cadence Acquires Utitec, Inc.

Cadence, Inc., a contract manufacturer of medical and drug-delivery devices and specialty commercial products, has acquired Utitec, Inc., a manufacturer specializing in miniature, deep...

OKAY Industries Expands Costa Rica Operations, Joins Evolution Free Zone

OKAY Industries, New Britain, CT, a contract manufacturer of metal and plastic overmolded components and subassemblies for global medical device original equipment...

Winter 2022 Resource Guide

In our summer edition of the MDB Resource Guide, learn about new cleaning requirements and find the right company to match your medical-design needs.

From the Editor - ‘COVID Is Over’ — Back to Reality for the Medtech Industry?

President Biden says he believes the COVID-19 pandemic is over, although acknowledging that the virus is still a problem that needs addressing. As the pandemic...

The Lee Company Inc. Acquires TTP Ventus Limited

The Lee Company, Westbrook, CT, has acquired TTP Ventus Limited from TTP Group. Based near Cambridge, UK, TTP Ventus is an inventor and manufacturer of silent, compact micropumps and pump...

SHOW PREVIEW BIOMEDevice Boston 2022

BIOMEDevice Boston 2022: Bringing Innovation to Life BIOMEDevice Boston brings engineers, business leaders, disruptive companies, and innovative thinkers from the region’s top startups and medical device...

Inside the OEM: Baxter

How does a 100-year-old medtech company evolve yet still retain its focus on the company’s original mission? Baxter has gone through many different phases and transformations. Now it is looking forward to its next...

From the Editor - Private Equity Firms Are Driving Medtech M&A Activity in 2022

Medtech M&A volume continued at a rapid pace in early 2022 with 17 transactions announced or completed — outpacing the year-to-date (YTD) total from 2021,...

From the Editor - How Digital Data Accelerated Medtech Market Growth

The global medical devices industry is undergoing a major transformation in business models, technology adoption, and care delivery approaches, according to Frost &...