Medical device companies are working to gain regulatory approvals and launch new catheter-based devices as the world slowly returns to normal after reeling from the COVID-19 pandemic.
As of April 19, the FDA had approved 11 medical devices this year — two of them catheter-based. In comparison, the regulatory agency approved 19 devices by April 19 last year. However, none of those devices was catheter-based.
Research and development spending at some of the world’s biggest medical device companies was up 0.9% in the last year, according to a recent Medical Design & Outsourcing analysis. The medical device pipeline for 2021 is full of innovations. Here are four companies with catheter-based devices that are expected to launch or gain regulatory approval in the next year.