MEDICAL TECHNOLOGY PLATFORM MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Medical Technology Platform Market, By Product Type (Diagnostic Platforms, Monitoring Platforms, Surgical Platforms, Implantable Devices Platforms, Others), By Application (Cardiovascular, Orthopedics, Neurology, Respiratory, Oncology, Others), By End User (Hospitals, Clinics, Diagnostic Centers, Ambulatory Surgical Centers, Others), By Distribution Channel (OEMs, Third Party Vendors, E-commerce, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Recent Developments:

New product launches:

In March 2022, Siemens Healthineers, a medical device company; launched the Biograph Vision PET/CT system, an advanced imaging platform using Artificial Intelligence (AI)-based reconstruction technology for enhanced image quality and low-dose scans.
In January 2021, Koninklijke Philips, a leading health technology company, launched its Incisive CT imaging platform, which leverages AI-based reconstruction algorithms to generate high-quality images while lowering radiation exposure.
In October 2020, GE Healthcare, a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, obtained U.S. FDA clearance for the Edison platform, an AI analytics system to detect patterns and trends in imaging data to assist diagnosis.

Acquisition and partnerships:

In August 2022, Siemens Healthineers, a medical device company, acquired Varian Medical Systems, a cancer prevention solution developer company, in a US$ 16.4 billion deal to strengthen its cancer care portfolio.
In June 2021, Royal Philips, a global leader in health technology, acquired Capsule Technologies, Massachusetts U.S., and serves over 2,800 hospitals and healthcare organizations in 40 countries across the world; a leading provider of medical device integration and data technologies.
In April 2020, GE Healthcare, a medical device provider and developer, partnered with Microsoft, an American multinational technology corporation; to develop an open cloud-based patient monitoring platform and intelligent applications.