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Growing Cybersecurity Concerns Within the Industrial IoT (IIoT)October 07, 2018Unfortunately, no vertical market has remained immune from the harmful aftermath of a successful cyber attack or data breach. The situation is only exacerbated with regards to the Internet of Things (IoT), as the sheer volume of these devices continues to grow with each passing year. The IoT device explosion has seen a proportionate growth of the cyber threat landscape due to the new attack vectors that many insecure IoT devices can introduce into the ecosystem. Furthermore, the industrial markets that comprise our critical infrastructure have routinely found themselves in the crosshairs of potential cyber-criminals and data thieves.
Moving on up: Mobile MRI system demand is increasing, as provisions expandSeptember 19, 2018Magnetic Resonance Imaging (MRI) is the fastest growing and most versatile of all the imaging modalities. However, reducing healthcare budgets is a continuing trend, and this can sometimes deter investment towards the installation of additional MRI imaging facilities at clinical settings. Radiologists are under increased pressure to provide high-quality levels of service to patients, despite the increase in patient throughput, and the reduction of investment in healthcare provisions.
Non-traditional applications are not so non-traditional anymoreSeptember 06, 2018Radiology remains the largest clinical application, but the global ultrasound market is evolving as it grows, and non-traditional and point-of-care applications are now at the forefront of product development. In 2017, cardiology ultrasound growth outpaced other traditional applications and technology development boosted the non-traditional and point-of-care ultrasound markets. Primary care remained a major emphasis for manufacturers and end-users.
CT Equipment Market: Made in China...and the USASeptember 05, 2018China and the United States largely shaped the size and trends of the 2017 global Computed Tomography (CT) equipment market. GE Healthcare claimed the top market position, while Chinese companies United Imaging and Neusoft outpaced their Western cohorts. Combined, China and the US accounted for more than half of the world’s 2017 CT equipment revenues. Global revenues totaled just over $3,950 million, growing more than 3% year over year from 2016.
The UKRCO conference: a microcosm of healthcare in the UK?July 23, 2018The UKRCO could be considered the perfect platform and opportunity for medical imaging providers to showcase their transformative technologies. In turn, the AI capabilities in the systems of the imaging providers could revolutionize the UK’s healthcare service and become integral in the prevention by 2033 of more than 20,000 cancer-related deaths per year.he palpable absence of AI at UKRCO shows that even some of the most developed imaging markets in the West do not necessarily enjoy a clear head start when it comes to AI.
Defending the data, securing the IoT comes into focus at IoT World 2018July 06, 2018When it comes to the IoT, many organizations have a "connect first, secure second" mentality. The IoT World 2018 conference showcased many solutions to address this fundamentally flawed practice.
The IoT grabs a foothold at RSA 2018July 06, 2018Although seemingly overshadowed by discussions and focus surrounding AI and machine learning, cybersecurity for the IoT had established a substantive presence at the conference.
Artificial intelligence, handheld systems, and end-user comfort dominating ultrasound equipment designJune 25, 2018Three trends have dominated ultrasound product launches of the past year – artificial intelligence capabilities, handheld systems, and designing for the end-user’s comfort. Holley Lewis, lead analyst for the Ultrasound Intelligence Service, discusses the short-term outlook for these trends and their impact on the global ultrasound market.
Connectivity is everywhere, but continuity is nowhere.May 29, 2018The value proposition of consumer medical devices should not be ignored, not now, as consumers increasingly engage in personal health, nor in the future of healthcare, where patient generated data is instrumental in population health management. Connectivity rates have increased immensely in the last five years, pointing at better circumstances for integrated health initiatives, yet meaningful use has not moved much. Connectivity should not be mistaken for continuity.
Chinese and U.S. ultrasound equipment sales propelled the global market forward in 2017May 25, 2018Global ultrasound revenues totaled $6,644.1 million in 2017 and grew 7.6% from 2016, representing the largest year-over-year market growth rate in several years. Revenue growth was driven by successful markets in China and the United States, countries which accounted for 45% of the global market in 2017. Additionally, growth returned to developing markets as Brazil bounced back from its recession, and healthcare infrastructure upgrades drove demand in several Eastern European and Middle Eastern countries.
Cyber security: Baby steps to ensure the healthcare industry NeverCriesMay 24, 2018As the clinical benefits of a digital healthcare system unfold and spread throughout the world, securing healthcare systems and patient information has never been more important, especially in the face of growing cyber-security threats and attacks.
How the new GDPR helps smart cities adoption in the EUMay 23, 2018Data gleaned from individuals serves as the foundation of smart cities, but privacy is a major concern. The new GDPR is going into effect in the EU on May 25, 2018. It will unify regulations, bringing power and confidence back to EU citizens and residents, giving them greater control over how their personal data is used and protected.
Disruptive innovation and transformative tech ruled at HLTHMay 21, 2018With the spotlight trained on new buzzword mechanisms like blockchain and augmented intelligence, disruptive innovation and transformative technologies in healthcare were the subjects of lively debate and discussion at this year’s HLTH conference. Held for four days in early May in Las Vegas, HLTH presented an expansive forum for healthcare professionals, companies, and policymakers to discuss new advances and challenges confronting the healthcare ecosystem. Drawing representation from the healthcare continuum, such as health payment and delivery, the event also offered insights into how the industry could leverage ongoing disruption toward providing next-generation healthcare.
ECR 2018 Brief: AI – what is it? Augmented, adaptive, or artificial?March 27, 2018There was heightened buzz around the topic of AI at the 24th European Congress of Radiology, with many vendors citing the integration of data through AI as the next big trend – but what’s new? AI has been discussed at the show for several years, and each year there is more and more uncertainty around its integration into medical devices.
ECR 2018: First impressionsMarch 27, 2018ECR 2018 celebrated the diverse specialty of radiology with a symbolic Chinese red dragon centered at the entrance, capturing the enthusiasm, celebration, and passion for radiology at the Austria Centre Vienna.The heightened pressures to maintain population health globally, without clinical practice and patient outcome being jeopardized, has stipulated the rapid surge in artificial intelligence (AI) related solutions, to shape the future of radiology and patient care. But how can better clinical outcome be achieved outside of Artificial Intelligence?
The future of infusion pump software – can’t speak, won’t speakMarch 27, 2018Healthcare information is everywhere, but it is not always being used to its fullest capacity. There is still a long way to go for fully integrated healthcare across the care continuum. Despite many advances in the use of patient data, there are several medical devices that are behind in the development process.
How will the increase in global breast cancer be addressed by a decrease in false positives?March 14, 2018The countable rise of breast cancer incidence globally has heightened pressures for government screening programmes, and strengthened awareness of the benefits of breast cancer screening. However, screening programmes alone are not sufficient to help combat breast cancer mortality rates. It is imperative that accuracy of breast cancer detection is improved, whilst false positives and missed lesions are also reduced.
Medication inventory management – the invasion of the robotsMarch 08, 2018The uptake of medication inventory management solutions is accelerating worldwide and the next several years are expected to see strong growth in this market. IHS Markit estimates the number of sites who have adopted this technology will grow from just under 5,000 in 2017 to over 7,000 in 2021. That said, there are substantial geographical differences both in the number of live sites as well as in the pace of adopting this technology.
Ultrasound companies will highlight three major technology trends this week at European Congress of RadiologyFebruary 28, 2018The 2018 European Congress of Radiology (ECR) kicks off today in Vienna. ECR is one of the leading global events in radiology, and the congress will welcome nearly 27,000 attendees from over 140 countries. Three hundred exhibitors, 50 of which specialize in ultrasound, will display radiology equipment and products, and the largest international companies will host ‘Satellite Symposia’, company-sponsored educational sessions, during the congress. The on-show guide to the congress provides an outline for each Satellite Symposia and shows that ultrasound companies will focus on three technologies during the sessions—fusion imaging, contrast enhanced ultrasound (CEUS), and shearwave elastography. These technologies and their influence on the global ultrasound market are defined and discussed below.
Competitive environment shakeup - What's ahead for ultrasound companies in 2018?January 30, 2018IHS Markit discusses the biggest mergers, acquisitions, and initial public offerings of the year and analyzes the implications for the global ultrasound market.