How to think outside the box with medtech innovation

Innovation is important in medtech and many other industries. But what does it really mean – and can it be done with speed? That was the question that a panel of experts – moderated by William Betten of Betten Solutions – grappled with today at DeviceTalks West in Orange County, Calif. It turns out that

How Smith & Nephew’s InVentures program is promoting innovation

For nearly a decade, Smith & Nephew’s InVentures program has worked with surgeons who have innovative ideas but aren’t starting their own companies. The program provides a third innovation route on top of the major two for big medical device companies: internal R&D and acquisition of smaller companies with new technologies. “A company the size of Smith

DeviceTalks West: Here are the speakers you’ll see

Hundreds of medical device industry insiders are expected to descend on Orange County, Calif., this month for DeviceTalks West – a premier boutique networking and learning event. From the VP in charge of Medtronic’s neurovascular business to the artificial pancreas pioneer Jeffrey Brewer, here are some of the speakers you’ll meet at DeviceTalks West, Dec. 11–12

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11 surgical robotics companies you need to know

Fink Densford, Associate Editor Robotic surgery is taking off, and the field is becoming increasingly diverse. We’ve collected information on the biggest players in the field so far. Intuitive Surgical’s da Vinci robot remains the premier surgical robotics company, with other companies including Stryker and Zimmer-Biomet only getting into the field in recent years. Read on

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Surgical equipment market to double to more than $20 billion

The global surgical equipment market is poised to reach a value of $20.3 billion by 2025, according to a report from Grand View Research. The worldwide market for surgical equipment was $9.9 billion in 2015 and is expected to grow at a CAGR of 7.6% over the next seven years. The study says the rise of minimally invasive procedures is

Your next operation may be performed by a machine

If you can call something that’s been on the market for 16 years a trend, then robot-assisted surgery is one of the hottest in medtech. Pioneered by Intuitive Surgical’s da Vinci abdominal surgery device, which hit the U.S. market in 2000, today almost no medical specialty lacks an entrant with a robot-assisted platform. As with