Loading...

Indian students create low-cost healthcare devices

Image

12-Feb-15 Over 100 students and faculty members from engineering, design and healthcare disciplines gathered at a business school in Mumbai on 31-Jan to create functional prototypes of innovative, low-cost diagnostic devices, including an X-ray machine, a retinal labelling app, a wound analysis device, and a digital stethoscope. [image: Hindustan Times]

Read More

Ageing China draws investors to its "hot" healthcare sector

Image

10-Feb-15 Encouraged by a relaxation of ownership rules in 2014 and a rapidly ageing population, PE firms and industry players are investing in China’s hospitals, pharmaceutical companies and device makers. The prospect of 223 million people aged 65+ by 2030 is enticing, despite risks such as rising valuations and a dearth of doctors. [image: Reuters]

Read More

Russia squeezes foreign med tech in state tenders

Image

06-Feb-15 Foreign producers of medical devices and supplies will be phased out of government tenders in Russia as Moscow strives to curb reliance on imports. Foreign companies’ tender applications will now be denied if there are two entries from Russia or other Eurasian Economic Union members Belarus, Armenia and Kazakhstan. [image: The Moscow Times]

Read More

India’s medical electronics market to hit USD12 billion by 2017

Image

23-Jan-15 India’s medical electronics market will almost double to USD11.7 billion by 2017, growing at an annual rate of 16%, an SVP of Chennai’s Medall Diagnostics said recently. Increased awareness of healthcare delivery systems, lifestyle diseases, exploding population and increased middle-class income are the main drivers. “The future of electronics is in the field of healthcare”, he added. [image: Business Standard]

Read More

Medtronic aims to be on the speed dial of the president of Brazil

Image

01-Feb-15 Brazil has plans to engage a medtech company to improve cardiology in state-sponsored hospitals. Medtronic sees an opportunity post-acquisition of Covidien, and plans to position itself as an entire cabinet supplier for cardiac surgery. "We feel you need to be bigger if you really want to be on the speed dial of the president of Brazil" a spokesperson said. [image: StarTribune/Bloomberg, Ariana Lindquist].

Read More