Signify Research - Monthly Insights on the Global Medical Technology Industry - May 2023

Signify Research - Monthly Insights on the Global Medical Technology Industry - May 2023

Please find below the latest healthcare technology insights from the Signify Research market analyst team. In this month’s newsletter, our complimentary analyst insights look at the $5B VC funding investments in medical imaging AI (with a free download), GE's FDA approval for CARESCAPE Canvas, the reshaping of the CT market with the implementation of lung screening, unique insight into what value-based care providers are demanding from Their IT taken from our decision maker research activities and the arrival of automated control for anaesthesia delivery in the US market.

We have recently launched a new free feature of monthly news round-ups for some of our coverage areas, including Digital Pathology, Digital Health and Clinical Care through our Analyst profiles. These provide a concise summary of the month's most important industry developments, along with our subject matter experts' take on their likely market impact. The sixth free insight link below is for this month's coverage of the EHR, High Acuity and CIS markets. You can also find these on our company LinkedIn page and on Kelly Patrick , Arun Gill and Imogen Fitt 's profiles.

Along with our free insights, we have provided insights from our Signify Premium Insights subscription services, Signify Premium Insights – Medical Imaging and Signify Premium Insights – Digital Health .?If you don’t have a subscription to these services but would like to view the content, click here and we can provide you with a month’s free trial.

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We welcome your feedback on our insights and please get in touch if you'd like to arrange a briefing with one of our analysts to explore these topics in more detail.

Best regards,

Simon Harris

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Simon Harris | Managing Director









Free Insights

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Investment in Medical Imaging AI Tops $5B

Written by Sanjay M Parekh, PhD

Venture capital investment for companies developing medical imaging AI applications has totalled almost $5 billion since 2015. Since 2021, there has been a notable shift in VC funding, from many, smaller, early-stage funding deals to fewer, larger, later-stage deals.


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GE HealthCare Gains FDA Approval for CARESCAPE Canvas

Written by Kelly Patrick

GE医疗 announced that it received FDA approval for its CARESCAPE Canvas patient monitoring platform. CARESCAPE Canvas has been approved for use in the EU since June 2022, and was a focus product at ESICM in October 2022. GE HealthCare claims ‘CARESCAPE Canvas is a unified monitoring approach for your entire hospital ecosystem.

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Lung Cancer Screening Set to Reshape the CT Market, But Which Vendor Will Come Out on Top?

Written by Matt Watson

Despite declining tobacco use, lung cancer remains the leading cause of cancer mortality globally, often evading detection until advanced stages. It is unsurprising, then, that interest in targeted lung screening (LCS) programmes has risen markedly in recent decades.

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EHR News Round-Up - April 2023

Written by Arun Gill

April proved to be a busy month for healthcare IT vendors with the annual gathering of HIMSS 2023 taking place in Chicago last week, followed by Europe’s leading Digital Health conference DMEA 2023 this week in Berlin. Here’s my monthly round-up of the latest EHR news and developments, including my thoughts on the implications for the market.

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What VBC Providers Demand from their IT

Written by Rohinee Lal

Value-based care (VBC) is a healthcare delivery model that differs from traditional fee-for-service because rather than compensating providers based on the number of services provided, it ties the amount providers earn to the results they deliver for their patients.?

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Automated Control in Anaesthesia Reaches a Hesitant US Market

Written by Tosin A.

End-tidal (Et) control has been utilised in the global premium anaesthesia market for almost a decade, however not all countries have managed to reap its benefits. The US, a pioneer and leader in healthcare provision, has only recently been exposed to the benefits this technology can offer with the launch of GE医疗 ’s Aisys CS2 with End-tidal Control in 2022.


The following insights are from our Signify Premium Insights?subscription services,?Signify Premium Insights – Medical Imaging ?and?Signify Premium Insights – Digital Health .

If you don’t have a subscription to these services but would like to view the content, we can provide you with a month’s free trial.

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Premium Insights - Medical Imaging

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AI Generating Headlines at HIMSS 23

Written by?Alan Stoddart

There were many topics to discuss at last week’s HIMSS conference in Chicago. Some, such as generative AI, were particularly headline-grabbing, while others represented new approaches to business as usual. For all of them, however, exhibitors were keen to opine and visitors were keen to listen.

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Hisense Hoping for Good Reception

Written by?Alan Stoddart

While some vendors are increasingly focused on attracting the attention of consumers, one company, from China, has opposing ambitions. But, in a competitive market, what are its prospects?

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Clear! HeartFlow Funding Kickstarts Vendor’s Next Phase

Written by?Alan Stoddart

After a spectacular rise culminated in a humiliating retreat from an IPO, heart health AI vendor HeartFlow, Inc is back in the headlines with a fresh funding round. While the fresh funding round shows the vendor’s resilience, will it be enough for long-term success?


Premium Insights - Digital Health

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Epic Eyes German Debut at University Hospital, but Outcome Anything but Academic

Written by?Mark Lazell

Epic ’s ‘imminent’ rumoured market debut in Germany will grab headlines, but the more interesting developing story is how other vendors are positioning themselves to win market share from Oracle Cerner ( Cerner Corporation ).

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Race Ready and Raring to Go, but KHZG Vendors Warn of Project Delays

Written by?Mark Lazell

A rush of IT contracts will be awarded later this year, peaking in 2024, to support the Germany Hospital Futures Act (KHZG) initiative. But vendors say a shortage of manpower will push project implementation timelines back significantly.

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Philips Virtual Care Management: More Than a Remote Chance of Success

Written by?Mark Lazell

飞利浦 ’ Virtual Care Management platform has the ingredients to disrupt the chronic care management and ‘hospital-to-home’ market, but the company must find ways to scale that other vendors have, to date, found elusive.


Featured Research

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AI in Medical Imaging Market Intelligence Service

Written by Sanjay M Parekh, PhD

This Market Intelligence Service provides regular data, insights and analysis on the global market opportunity for AI-based medical image analysis.

The four deliverables included in the 2023 subscription are:

  • Vendor Sentiment Index (VSI) – Topical Tracker – Quarterly
  • AI in Medical Imaging World Market Analysis 2023 – Core Report – June 2023
  • Competitive Ecosystem – Topical Report – October 2023
  • RSNA Show Report – Show Report – December 2023


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Imaging IT Market Intelligence Service

Written by?Amy Thompson ?and?Annabel Dimmock

This Market Intelligence Service is an annual subscription that provides ongoing data, insights and analysis on the global opportunity for Imaging IT. The five report deliverables are:

  • Imaging IT – Core Data Update and Full Report
  • Imaging IT – Market Opportunities for Enterprise Imaging
  • Imaging IT – Core Data Update and 2H Refresh
  • Imaging IT – RSNA Show Report
  • Imaging IT – HIMSS/ECR Show Report


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CT Equipment - World

Written by Bhvita Jani and Matt Watson

This is a proposal for a new Market Report on the global market for CT equipment, to be published in June 2023.

Report Overview

Market

  • Identify the products and end-markets driving growth
  • Review the market drivers and barriers for growth
  • Quantitative analysis of the market size and forecast growth

Competition

  • Market share estimates presented by region, by product type
  • Detailed product matrix for each of the leading vendors
  • Analysis of which vendors won/lost market share in 2020
  • Review of emerging new players and their likely market impact

Technology

  • Analysis of equipment types (medical cone beam, below 17 slice, 17-63 slice, 64-127 slice, 128-160 slice, more than 160 slice)
  • Analysis of the move to democratize imaging
  • Analysis of the impact of AI for image acquisition and diagnosis
  • Analysis and insights to support your strategy planning
  • Product pricing strategies

Strategy

  • Analysis and insights to support your strategy and business planning
  • Product pricing strategies


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Anaesthesia Devices - World

Written by Kelly Patrick

This is a proposal for a second edition of our Market Report on the global market for Anaesthesia Devices, to be published in May 2023.

The report will provide:

  • A fresh deep-dive analysis of the anaesthesia market from an analyst team with extensive industry experience.
  • Dedicated chapters for each of the major regions, with analysis of the sub-regional and country variations, competitive landscape, vendor market shares and the trends driving/inhibiting growth.
  • Additional segmentation of product type at a sub-regional level where appropriate (Workstations, Stand-Alone Machines)
  • Assessment of the installed base of the anaesthesia devices by product segment
  • Strong focus on meaningful and useable data, accompanied by actionable analyst insights.
  • Analysis of the innovative solutions entering the market.


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EMR/EHR Market Intelligence Service - World

Written by?Arun Gill

This Market Intelligence Service provides regular data, insights and analysis on the global market opportunity for Electronic Medical Records. The deliverables included are:

  • EMR/EHR – Country Market Reports
  • EMR/EHR – Global Market Dataset
  • EMR/EHR – Regional Topical Reports – EMEA, Americas and Asia Pacific
  • EMR/EHR – Global Trends?
  • EMR/EHR – Vendor Market Shares


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Ultrasound Market Intelligence Service

Written by?Mustafa Hassan, PhD

This Market Intelligence Service provides regular data, insights and analysis on the global market opportunity for Ultrasound equipment.?The four deliverables are:

  • Ultrasound Digital Ecosystem
  • Ultrasound Equipment Report
  • Ultrasound AI – Publication Date October 2023
  • Ultrasound Equipment 6-month Update Report


About Signify Research

Signify Research provides healthtech market intelligence powered by data that you can trust. We blend insights collected from in-depth interviews with technology vendors and healthcare professionals with sales data reported to us by leading vendors to provide a complete and balanced view of the market trends. Our coverage areas are Medical Imaging, Clinical Care, Digital Health, Diagnostic and Lifesciences and Healthcare IT.

Clients worldwide rely on direct access to our expert Analysts for their opinions on the latest market trends and developments. Our market analysis reports and subscriptions provide data-driven insights which business leaders use to guide strategic decisions. We also offer custom research services for clients who need information that can’t be obtained from our off-the-shelf research products or who require market intelligence tailored to their specific needs.


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