ICU Medical Technologies’ Post

Last week ICU Medical Technologies obtained the patent for KronoSafe® in the USA. With this milestone, the expansion of protection internationally by choosing strategic commercialization countries continues. This recognition is added to the patents already granted (Spain and Russia) and also, the extension process continues favorable in other countries such as India, China, Canada, Australia and the rest of Europe. USA is an interesting market for a medical device like KronoSafe®, designed to increase the safety and effectiveness of temporary cardiac pacing. In 2022, the turnover of cardiovascular devices in the USA was USD 28.6 billion and with expectations of future growth (CAGR; 7.9%). KronoSafe® not only provides benefits in the field of Temporary Cardiac Stimulation directly, which in the United States represents an annual turnover of €202M (CPT Code 33210-1 / $8,103); but also in patients undergoing Transcatheter Aortic Valve Replacement (#TAVR), where favorable clinical results have been confirmed with this device. This market, with an annual turnover in the USA of $3.2B (CPT code 33361-66 / $45,000) will be an interesting Early Adopter. Reducing complications with a high economic impact, reducing costs in hospital stays and avoiding overuse of permanent pacemakers will be an interesting solution for both hospitals and insurers. #cardiology #pacemaker #cardiacstimulation #icu, #medicaldevice

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics