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The State Food and Drug Administration is collecting information on AI medical devices; no relevant products have been registered.

2019-01-02

With the rise of AI in healthcare, regulations are also catching up. On November 19, the Center for Medical Device Evaluation of the National Medical Products Administration (NMPA) issued a "Notice on Soliciting Information from Manufacturers of Artificial Intelligence Medical Devices".

My country has become the second largest medical device market

2019-01-02

China has become the world's second-largest medical device market, and it is still growing at an annual rate of around 10%. At the recent 272nd China Engineering Science and Technology Forum • Cardiovascular Innovative Medical Devices Forum, Hu Shengshou, director of the National Center for Cardiovascular Diseases, said that cardiovascular disease is an important area for medical device innovation. Cardiovascular disease is currently the leading cause of death in China, with 290 million cardiovascular disease patients nationwide, and approximately 3.7 million people die from cardiovascular disease every year.

Top 20 Medical Device Companies by Revenue

2019-01-02

Developing alongside the growing needs of human health, the medical device industry has become a field fiercely contested by developed countries worldwide.

Just how high are the sales costs of medical devices in our country?

2019-01-02

High and persistent costs The current situation faced by medical suppliers can be described as "turbulent". Some are aggressively bearish on the market, while others are singing loudly about prosperity. Although it is difficult to clearly understand the prosperity and decline of an industry, every time I hear about the new procurement Price of consumables, I still get a shock, after all, some consumables have Price reductions as high as 99.9%.

Patients as guinea pigs? Multiple medical devices in Europe exposed to problems

2019-01-02

According to BBC reports, a joint investigation by the BBC, the International Consortium of Investigative Journalists, and multiple global media outlets including The Guardian and The British Medical Journal, has revealed that the European medical device industry exploited regulatory loopholes, resulting in numerous unsafe and inadequately tested medical devices being implanted into patients!

Increased policy support makes the prospect of AI medical devices promising

2019-01-02

In reviewing the popular keywords in the medical device industry of 2018, “Artificial Intelligence (AI)” ranks as one of the top contenders. Whether at the China International Medical Equipment Fair (Spring) or the first China International Import Expo, AI has been a hot topic among the highlights of the exhibitions, receiving widespread attention. However, it is undeniable that the application and promotion of AI medical products face many practical problems. Recently, at the “Medical Artificial Intelligence Data Governance and Standardization Conference” held in Beijing by the Chinese Society for Biomedical Engineering, in addition to prospects for AI applications, guests also focused more on practical issues such as laws and regulations, standard systems, and quality evaluation.

Top 5 Trends in the Medical Device Industry

2019-01-02

Tight funding, mergers of large medical equipment companies, and difficulty in discerning changes in regulatory direction have been trends experienced by insiders in the medical device industry for years. However, at a popular panel discussion hosted by the Greenberg Traurig law firm this month, the industry increasingly feels that such developments are having unforeseen impacts.