Medical devices

Microsoft’s AI health ecosystem to contribute 31% CAGR in healthcare AI space: GlobalData – ET HealthWorld

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Microsoft’s AI health ecosystem to contribute 31% CAGR in healthcare AI space: GlobalData – ET HealthWorld

London: In recent years, the integration of artificial intelligence (AI) in the healthcare and lifesciences (HLS) industry has surged, promising transformative impacts on patient care, research, and operational efficiency. At the recently held 2024 Healthcare Information and Management Systems Society Global Health Conference and Exhibition, Microsoft announced that it will be further integrating AI in … Read more

Medical devices cybersecurity market expected to reach $1.1 billion by 2027: GlobalData – ET HealthWorld

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Medical devices cybersecurity market expected to reach .1 billion by 2027: GlobalData – ET HealthWorld

London: The rapid integration of new technology and digital health devices into healthcare systems has revolutionised patient care and diagnostic processes. However, the increased reliance on these devices has also exposed the healthcare industry to cybersecurity threats. According to the recent report, Cybersecurity in Medical Devices, the market for cybersecurity in medical devices is expected … Read more

AI to drive medical devices industry to $1.2 bn in 2027: Report – ET HealthWorld

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AI to drive medical devices industry to .2 bn in 2027: Report – ET HealthWorld

The report by GlobalData, a data and analytics company, showed that it’s driven by the demand for healthcare systems to reduce time, costs, and missed detections when diagnosing a growing number of patients with complex profiles. “A common use of AI in healthcare has been in diagnostic settings, where the speed and accuracy of diagnosing … Read more

Increasing accessibility and affordability of healthcare in India through medtech innovations – ET HealthWorld

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Increasing accessibility and affordability of healthcare in India through medtech innovations – ET HealthWorld

By Anish Bafna Over the past few years, India has emerged as a leading hub for medical technology and innovation. The healthcare system faces numerous challenges in providing accessible and affordable care to a diverse population. To increase accessibility and affordability, there is an urgent need to invest in identifying the unique gaps in our … Read more

At Musk’s brain-chip startup, animal-testing panel is rife with potential conflicts – ET HealthWorld

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At Musk’s brain-chip startup, animal-testing panel is rife with potential conflicts – ET HealthWorld

New Delhi: Elon Musk‘s brain-implant venture has filled an animal-research oversight board with company insiders who may stand to benefit financially as the firm reaches development goals, according to company documents and interviews with six current and former employees. Such oversight boards are required by federal law for organizations experimenting on certain types of animals. … Read more

IISc’s tiny new device to store enormous energy has uses from streetlights to e-Cars – ET HealthWorld

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IISc’s tiny new device to store enormous energy has uses from streetlights to e-Cars – ET HealthWorld

Bengaluru: Researchers at IISc’s department of instrumentation and applied physics (IAP) have designed a novel ultra-micro supercapacitor, a tiny device capable of storing an enormous amount of electric charge. According to the institute, the new device is much smaller and more compact than existing supercapacitors and can potentially be used in many devices ranging from … Read more

India to usher in a new era of patient care with AI: GlobalData – ET HealthWorld

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India to usher in a new era of patient care with AI: GlobalData – ET HealthWorld

London: In the Union Budget 2023-24, the Indian government announced to establish three artificial intelligence (AI) centres of excellence (CoE) as part of the ‘Make AI for India’ and ‘Make AI work for India’ initiatives. This is likely to bring in a new era of a breakthrough in patient care by powering a new generation … Read more

Role of metaverse in further transformation of healthcare landscape – ET HealthWorld

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Role of metaverse in further transformation of healthcare landscape – ET HealthWorld

By Jyothsna Chandran Metaverse has gained ‘eye-catching’ attention in literal sense since the concept promises to leapfrog the confluence of physical world into an evolved virtual space to eventually deliver an immersive end-user experience. And it is this emotions-grabbing, near-to real life experience that is pegged to redefine the way we live. Metaverse is already … Read more

Tamil Nadu: Health technology set for growth spurt – ET HealthWorld

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Tamil Nadu: Health technology set for growth spurt – ET HealthWorld

Chennai: For a state that is a hub for medical tourism, Tamil Nadu figures low as a healthcare innovation and R&D hub. Barring medical devices manufacturing, it has lost out to neighbours Telangana and Karnataka. However, industry trackers say there are green shoots. Most experts TOI spoke to pin their hopes on the IIT-Madras ecosystem. … Read more

Government constitutes panel to frame new law for drugs, cosmetics, medical devices

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Government constitutes panel to frame new law for drugs, cosmetics, medical devices

The government has constituted an eight-member panel for framing a new law for drugs, cosmetics and medical devices. The panel is being headed by Drugs Controller General of India (DCGI) Dr V G Somani. “The government has decided to constitute a committee for framing/preparation of the New Drugs, Cosmetics and Medical Devices Bill so that … Read more