medikana’s Post

The recently signed clinical trial agreement between 4DMedical and the elite Penta Hospitals Slovensko network of medical facilities across Central Europe is pivotal to both parties. Operating under European Commission jurisdiction, Penta's flagship facility located in Bory outside the Slovak capital of Bratislava is distinguished by its cadre of top-tier medical specialists maintaining connection throughout Europe. Driven by a desire to harness the latest advancements in #medtech, this clinical trial also enables Penta Hospitals to showcase new, clinically significant discoveries and to attract patients seeking the insights delivered by XV Technology. Within this arrangement, 4DMedical can access a quick and adaptable framework for data collection aiding in product range expansion in EU markets. Opportunities for testing innovative products and optimising integration are enhanced. Significantly, this agreement incorporates 4DMedical professionals into Penta Hospitals’ extensive network of physicians -- strengthening ties and paving the way for research collaboration, publication and commercial opportunities. #slovakia #europeanunion

Vietnam Economic News: HCMC – January 4, 2024 – Hoan My Medical Group, the leading private healthcare network in Vietnam, has received the “2023 Vietnam Hospital of the Year" award by Frost & Sullivan. This marks the fifth time Hoan My has been acknowledged in this esteemed category. The annual Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry. #hoanmy

👩⚕️ Thailand's medical device industry is surging, with local and global markets poised for growth. Backed by government incentives and a supportive ecosystem, this sector offers exciting possibilities for investors. 🔎Discover the details: Investment in Healthcare and Biotech Sector in Thailand

15 Feb 2024, 01:03 pm PUTRAJAYA: Malaysia is to host the first Asian International Medical Technology Exhibition and Conference (Asian Medtec 2024) in December. Health minister Dzulkefly Ahmad said the event, managed by the Medical Device Authority (MDA), will serve as a launchpad for ground-breaking innovations, bolstering Malaysia’s reputation as a preferred destination for medical device manufacturing and supply chain activities. “It will also foster collaboration among key government agencies to cultivate a world-class ecosystem for medical technology within Malaysia,” Dzulkefly said after officiating the soft launch of Asian Medtec 2024 today. He said Asian Medtec 2024 would strengthen Malaysia’s position as a key hub for medical technology development in Asia, as it has captured 8-10% of the total global market share of €536 billion (RM2.7 trillion). Dzulkefly said the medical device sector contributed RM15.1 billion to Malaysia’s economy in 2023. More than 80,000 jobs have been created in this sector since 2010.

Check out this article about Alleima strengthening its presence in Asia to support the growing medical market. It's a great read for those interested in the healthcare industry. 👉 https://zurl.co/QrbW #APACInsider #Alleima #Asia #MedicalMarket #HealthcareIndustry

🇦🇷 Argentina: A Promising Medtech Clinical Trial Destination? Explore the comprehensive insights and research presented by our CEO, Julio G. Martinez-Clark, on why Argentina could be the next big thing in Latin America's medtech clinical trials sector. 📈 Key highlights: 🏥 High-quality healthcare system: Argentina ranks 20th out of 46 in the 2020–2021 Medical Tourism Index, showcasing its top-notch medical facilities and substantial healthcare investments. ⏱️ Competitive clinical trial approval timeline: The expedited approval process is a major advantage, making Argentina an attractive option for medtech companies looking to conduct clinical trials efficiently. 🏅 Historical contributions to medical device innovations: Argentina has a rich history of medical device innovations, including the Finochietto Rib Spreader, Coronary Artery Bypass, Total Artificial Heart Transplant, and Coronary Stent. 📈 The demand for medical device clinical trials in Argentina is on the rise, driven by the high prevalence of chronic diseases and a regulatory environment that mandates the demonstration of device safety and efficacy. This, combined with Argentina's significant healthcare expenditure and highly trained healthcare professionals, makes it an ideal location for conducting clinical trials. Check out the comments to learn more! #Medtech #ClinicalTrials

"KORUST Accelerates Entry into Middle East Market with Over 160 Consultations at Arab Health 2024" Arab Health, marking its 49th edition this year, stands as one of the world's largest healthcare exhibitions, attracting over 110,000 attendees from 180 countries and hosting approximately 3,450 exhibitors. The medical device market in the United Arab Emirates, often regarded as a gateway to the Middle East and North Africa region, demonstrates consistent growth, with South Korean medical device exports to the UAE increasing by an average of approximately 37.0% annually over the past five years ('18-'22), establishing South Korea as a major exporter in the Middle East. During Arab Health 2024, held from January 24th to February 1st, KORUST, a global leader in medical devices, achieved significant milestones by securing over 160 consultations with new entities. Visitors to the KORUST booth, including representatives from Asian countries such as Malaysia, Thailand, Singapore, and notable Middle Eastern enterprises, showed considerable interest in the 'CAREWAY (High-Frequency Chest Oscillator)'. The 'CAREWAY' device, designed to assist patients in clearing difficult sputum, stands out as an electric chest wall oscillation device. Developed with patented domestic technology, this high-frequency chest wall oscillation device has been in commercial use since 2013, benefiting patients post-surgery, critically ill individuals, those with muscle weakness, and pneumonia patients across university and general hospitals nationwide. With certifications including CE, Korea Food and Drug Administration (KFDA), and Saudi Food and Drug Authority (SFDA), 'CAREWAY' boasts robust technological capabilities and safety standards. It has already been installed in numerous national hospitals in Saudi Arabia, with demand steadily increasing. Looking ahead, KORUST reaffirms its commitment to introduce its innovative medical devices to the Middle East region, spearheading new market avenues and actively expanding its market share in the Middle East. ※ inquiry : sales@korust.com ※ website : https://careway.co.kr/eng/

Argentina is rapidly becoming a key player in the Latin American medical device market, with a projected CAGR of 11.2% from 2023 to 2028. 📈✨ This growth is fueled by several factors that make Argentina an attractive destination for medical device clinical trials: High prevalence of chronic diseases: The need to develop and test new medical devices is driven by the high prevalence of chronic diseases in Argentina. Regulatory environment: For Class III and IV medical devices, clinical trial results demonstrating safety and efficacy are required, promoting more clinical trials within the country. Healthcare expenditure: Argentina's healthcare expenditures, accounting for 9% to 10% of GDP, reflect a substantial investment in healthcare and new medical technologies. Highly trained healthcare professionals: With high academic training and remarkable hospital capacity, Argentina offers a conducive environment for clinical trials. Import-driven market: A significant portion of medical devices in Argentina are imported, creating opportunities for international manufacturers to test and introduce their products. Despite economic challenges, the demand for imported essential and specialized medical equipment remains high, indicating room for growth and innovation in the medical device sector. For continuous insights and updates in the Medtech field, subscribe to our LATAM Medtech Pulse newsletter: https://lnkd.in/eTMs5Znv. Let's continue pushing the boundaries of medical science together! #Medtech #Innovation

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💹 New market data published A new paper published by IQVIA Consumer Health, with the collaboration of AESGP, reveals a clearer picture of the European self-care medical devices market. The study looks at the market size, key categories, and dominant product areas across 19 European countries, while also addressing the opportunities and challenges this innovative and growing sector presents. 💥 It also reveals that MDR Implementation Challenges could impact 40% of the consumer healthcare market. Read more: https://lnkd.in/egt3RYrA