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12 Dec 2017
TeraRecon to Sell EnvoyAI Platform
TeraRecon, a provider of advanced visualization solutions, has entered into a distribution partnership with EnvoyAI to sell and market the EnvoyAI platform. The platform includes a content-rich artificial intelligence (AI) marketplace, called the EnvoyAI Exchange, as well as a suite of market-ready AI-enablement technologies aimed at fostering broader access and clinical use of medical imaging algorithms within busy radiology practices.
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12 Dec 2017
Google Releases AI Tool for Precision Medicine
Google LLC has announced the open source release of DeepVariant, a deep learning technology to reconstruct the true genome sequence from high-throughput sequencing (HTS) data with significantly greater accuracy than previous classical methods. DeepVariant, which was developed after more than two years of research by the Google Brain team, in collaboration with Verily Life Sciences, transforms the task of variant calling, as this reconstruction problem is known in genomics, into an image classification problem well-suited to Google's existing technology and expertise. Within a year of its development, the deep learning model had won the 2016 PrecisionFDA Truth Challenge award for Highest SNP Performance, outperforming state-of-the-art methods. Since then, the Google Brain team has reduced the error rate by over 50%.
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11 Dec 2017
Esaote to Be Acquired by Consortium of Chinese Healthcare Companies
Esaote S.p.A. has entered into definitive agreements with a consortium of Chinese investors who will acquire the entire share capital of the company. The consortium acquiring Esaote comprises leading medical technology and healthcare companies, as well as financial investors with significant experience in the healthcare sector.
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06 Dec 2017
Global Hybrid OR Market to Reach USD 1,17 Million by 2022
The global hybrid operating room (OR) market is expected to grow at a CAGR of 12.5% from USD 652.0 million in 2017 to USD 1,174.9 million by 2022, driven by technological advancements in robot-assisted surgeries, increasing minimally invasive surgeries, and growing patient preference for affordable & effective surgical treatments. However, high establishment costs and procedural risks for patients associated with hybrid ORs are expected to limit the market growth during 2017 to 2022.
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06 Dec 2017
Siemens to List Siemens Healthineers on Frankfurt Stock Exchange
Siemens AG, a provider of medical imaging and laboratory diagnostics equipment, is preparing to list its separately managed healthcare unit, Siemens Healthineers, on the Prime Standard segment of the Frankfurt Stock Exchange's Regulated Market. The move was approved at a meeting by the company's Supervisory Board and has been planned for the first half of 2018. Siemens Healthineers AG will be established for the public listing.
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06 Dec 2017
GE Healthcare and Nuance Partner with NVIDIA to Bring AI to Medical Imaging
Healthcare-solution providers GE Healthcare and Nuance Communications, Inc., have partnered with NVIDIA, a leader in visual computing technologies, for using the company’s deep learning platform to bring Artificial Intelligence (AI) to medical imaging.
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06 Dec 2017
Neuroimaging Platform Uses 3D AI to Offer Brain Visualization
QMENTA, a medical image storage, processing and visualization company focused on brain data analysis, specifically using MRI and related clinical data, has developed a cloud-based system for neuroimages and all related data, with data management, analysis and visualization capabilities.
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05 Dec 2017
GE Launches Drawbridge Health to Transform Blood Collection
GE Healthcare has introduced Drawbridge Health, a privately held healthcare technology company, which is developing a people-friendly system to integrate draw, collection and stabilize blood samples into a single device. The technology which integrates engineering and proprietary chemistries is also being developed to support room temperature shipping and streamlined downstream processing, thus ensuring reliable, accurate results.
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29 Nov 2017
CE Mark Awarded to First Commercial Head And Neck Deep Learning Solution
The world's first commercial head and neck deep learning medical imaging solution from Aidoc, an AI startup utilizing deep learning to augment radiologists' workflow and highlight anomalous cases, has received CE (Conformité Européenne) marking, allowing for its widespread commercialization in Europe.
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28 Nov 2017
Global Surgical Imaging Market to Reach USD 1.63 Billion by 2022
The global surgical imaging market is projected to grow at a CAGR of 5.5% from an estimated value of USD 1.25 billion in 2017 to USD 1.63 billion by 2022, driven mainly by the growing popularity of Flat Panel Detector C-arms (FPD C-arms) owing to the advantages of FPDs over image intensifiers, reimbursement cuts on analog radiography systems, and rising demand for minimally invasive procedures.
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28 Nov 2017
GE Healthcare and DiA Imaging Analysis to Develop Machine Learning Algorithms
GE Healthcare has entered into a multi-year, non-exclusive licensing and professional services agreement with DiA Imaging Analysis, a medical imaging analysis software company, for developing automated imaging analysis technology to work with its ultrasound devices.
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28 Nov 2017
Laboratory-Developed Tests Market Driven by Cancer Treatment
The global market for laboratory-developed tests (LDTs) is estimated to be worth USD 13.2 billion and will grow by nearly 10% annually, driven mainly by oncology tests which will grow 60% faster than other types of LDTs. These are the latest findings of Kalorama Information, an independent medical market research firm.
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28 Nov 2017
Global Lab Automation Market to Reach USD 5.20 Billion by 2022
The global lab automation market is expected to grow at a CAGR of 5.1% from USD 4.06 billion in 2017 to USD 5.20 billion by 2022, driven by process miniaturization, high demand in drug discovery and clinical diagnostics, higher reproducibility and accuracy, and a large workforce demand and supply gap. Additionally, enhanced productivity and reduced costs, better personnel safety, and small volumes of samples and reagents offered by lab automation are expected to further aid the market growth. However, the high cost of lab automation is limiting its adoption among small and medium-sized labs, which is expected to restrict the market growth.
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28 Nov 2017
AI Chip to Help Capture and Analyze Molecular Data in RT
Molecular data company Nano Global is developing a chip using intellectual property (IP) from Arm Holdings, a semiconductor IP company, to help redefine how global health challenges ranging from superbugs to infectious diseases, and cancer are conquered. The pioneering system-on-chip (SoC) will yield highly-secure molecular data, which can be used in the recognition and analysis of health threats caused by pathogens and other living organisms.
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21 Nov 2017
Algorithm Outperforms Radiologists in Detecting Pneumonia on X-Rays
A deep learning algorithm developed by researchers from the Stanford University that evaluates chest X-rays for signs of disease has outperformed expert radiologists at diagnosing pneumonia in just over a month of its development. A paper about the algorithm named CheXNet, which can diagnose up to 14 types of medical conditions, was published November 14 on the open-access, scientific preprint website arXiv.
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21 Nov 2017
Philips and Nuance to Bring AI Directly into Radiology Reporting
Health technology company Royal Philips and Nuance Communications, Inc., a provider of intelligent voice and language solutions, will jointly bring artificial intelligence-based (AI-based) image interpretation and reporting capabilities to radiologists.
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21 Nov 2017
Top 4 Trends Impacting Use of VR in Surgery
Over the next few years, the market for virtual reality technologies in healthcare could reach almost USD 1 billion dollars as the use of refined virtual reality systems can help overcome the limitations of advanced surgery procedures. These are the latest findings of Kalorama Information, an independent medical market research firm.
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20 Nov 2017
FDA-Approved Pill Tracks Patient Ingestion of Medication
The U.S. Food and Drug Administration (FDA) has approved Abilify MyCite (aripiprazole tablets with sensor), a pill that digitally tracks if patients have ingested their medication. Abilify MyCite is the first drug in the U.S. with a digital ingestion tracking system and has an ingestible sensor embedded in it that records that the medication was taken. The product has been approved for the treatment of schizophrenia, acute treatment of manic and mixed episodes associated with bipolar I disorder and for use as an add-on treatment for depression in adults.
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20 Nov 2017
Blood Test Uses AI to Detect Peripheral Artery Disease
Researchers from the Massachusetts General Hospital and Prevencio, Inc. have developed a simple new blood test which accurately diagnoses significant Peripheral Artery Disease (PAD), a circulatory problem in which plaque-narrowed arteries reduce blood flow to a patient’s limbs and kidneys. According to the data presented at American Heart Association 2017 Scientific Sessions, the test could be used as a gatekeeper to imaging or invasive testing, thereby reducing cost and exposures to intravenous contrast and/or ionizing radiation.
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14 Nov 2017
Augmented Reality Glasses Help Surgeons Operating on Tumors
Researchers at the Fraunhofer Institute for Computer Graphics Research IGD, in collaboration with The Clinic for Dermatology at Essen University Hospital and Trivisio Prototyping GmbH, have developed 3D-ARILE, an augmented reality (AR) system that provides doctors with a navigation aid for lymph node removal. The novel system superimposes a virtual image of the exact position of lymph nodes using data glasses. This allows surgeons to identify the precise location of the affected lymph nodes, enabling them to be completely removed.
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14 Nov 2017
VR in Healthcare Market to Reach USD 4.9 Million by 2023
Augmented and virtual reality in the healthcare market is expected to grow at a CAGR of 36.6% from USD 769.2 million in 2017 to USD 4,997.9 million by 2023, driven by the rising penetration of connected devices in the healthcare sector, increased investment in augmented reality (AR) and virtual reality (VR) healthcare, and the growing need to reduce healthcare costs.
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