Supply Chain
The U.S. market for clot management devices is on the rise and is expected to grow at an annual rate of 4.1 percent through 2017, said a new report from Millennium Research Group.
The market for point-of-care (POC) testing products -- such as pregnancy tests and glucose monitoring devices -- is currently growing at a rate of 6 percent per year, said a new report from healthcare market research publisher Kalorama Information.
President Barack Obama rejected the idea of delaying the implementation of a 2.3 percent medical device tax slated to go into effect on Jan. 1, 2013 as part of the Affordable Care Act. The president said medical device companies would make up for the lost revenue because the ACA will bring more healthcare consumers into the marketplace.
In a letter sent to Senate Majority Leader Harry Reid last week, 18 Democratic senators and senators-elect requested a delay in the medical device tax, a 2.3 percent tax that is slated to go into effect on Jan. 1, 2013 as part of the Affordable Care Act.
The market for brain health technology will exceed $1 billion by year's end, and will likely hit somewhere between $4 and $10 billion by 2020, according market researcher SharpBrains. The growth is driven largely by the aging of the population.
The U.S. Food and Drug Administration (FDA) announced Monday that it is part of the first public-private partnership to promote medical device regulatory science. The partnership will focus on speeding up the review and approval processes of new medical devices.
The costs associated with treating morbidly obese patients continue to rise, according to a report released Monday by healthcare supply contracting firm Novation.
Hospitals and healthcare systems across the country will soon be facing large cuts in Medicare if the U.S. Congress cannot reach an agreement on an alternative deficit reduction plan in order to avert the so-called fiscal cliff, therefore it's a good idea for these organizations to start being proactive.
A new report indicates that while U.S. primary care physicians still trail their counterparts in other countries in their use of electronic medical records (EMRs), they are making progress and are finding more efficiencies through EMR use.
The hernia repair device market has grown at a steady pace of 4.8 percent per year since 2008, reaching $3.5 billion in 2012, said a recent report from healthcare market research publisher Kalorama Information.