Are you someone who can see and think long term? Are you ready to help us develop lifesaving medical technology that benefits people not just here and now, but for years to come? At Terumo, you’re challenged to grow your own way, with the support you need to create and innovate, to learn, share and solve problems of all sizes. You become a master of your field, an important part of a collaborative team of associates here, working together around the world to make a difference to build better healthcare for us all, today and tomorrow. Join us, and help shape wherever we go next: https://bit.ly/tmc-careers. #TerumoCareers
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JEB Technologies Ltd and Medovate Limited have joined forces to drive innovation in medical device development and manufacturing. This strategic collaboration brings together JEB's extensive experience in end-to-end medical device design and manufacturing with Medovate's dedication to clinician-inspired medical device innovations. By integrating their management, unique skill sets, and expertise, the two award-winning companies aim to foster greater collaboration, innovation, and growth in the dynamic field of medical device development. This partnership will see the combined strength of both companies across the full medical device development pipeline, from concept design and product development to successful regulatory approvals and global market launches. The strategic move not only enhances their collective impact on the Medtech landscape but also promises a bright future for groundbreaking medical device development from the UK. https://lnkd.in/e6pgZyPE Remember to stay on the pulse of healthcare innovation! Join Practical Patient Care for your daily dose of essential healthcare news tailored just for you. Don't miss out – subscribe to our weekly newsletter now! 📰✨ #practicalpatientcare #MedTech #MedicalDevice #Innovation #Healthcare
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Product & Tech Executive | Adjunct Prof | Advisor | MedTech | CleanTech | Imaging | AI | Analytics
𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐯𝐬 𝐑&𝐃 𝐒𝐩𝐞𝐧𝐝𝐢𝐧𝐠 𝐨𝐟 𝐓𝐨𝐩 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐃𝐞𝐯𝐢𝐜𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬! I previously wrote about the R&D spending of the top Medical Device companies. To show the trends better, I thought it would be good to also compare their ranking based on ► Revenue, ► R&D Spend (Dollar amount), ► R&D Spend (% of Revenue). Would be interesting to see how these numbers and ranking will change in coming years, as some of these companies, such as Philips, have already started revisiting their R&D spending. Next, I will look into the economics of three other major players in the medical device sector namely FUJIFILM, Canon, and Mindray. #revenue #medicaldevices #researchanddevelopment #rnd #healthcareinnovation Medtronic, Siemens Healthineers, BD, Philips, Stryker, GE HealthCare, Baxter International Inc., Boston Scientific
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Very interesting and linked to market positioning…
Product & Tech Executive | Adjunct Prof | Advisor | MedTech | CleanTech | Imaging | AI | Analytics
𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐯𝐬 𝐑&𝐃 𝐒𝐩𝐞𝐧𝐝𝐢𝐧𝐠 𝐨𝐟 𝐓𝐨𝐩 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐃𝐞𝐯𝐢𝐜𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬! I previously wrote about the R&D spending of the top Medical Device companies. To show the trends better, I thought it would be good to also compare their ranking based on ► Revenue, ► R&D Spend (Dollar amount), ► R&D Spend (% of Revenue). Would be interesting to see how these numbers and ranking will change in coming years, as some of these companies, such as Philips, have already started revisiting their R&D spending. Next, I will look into the economics of three other major players in the medical device sector namely FUJIFILM, Canon, and Mindray. #revenue #medicaldevices #researchanddevelopment #rnd #healthcareinnovation Medtronic, Siemens Healthineers, BD, Philips, Stryker, GE HealthCare, Baxter International Inc., Boston Scientific
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#Medical_Automation Market 2023: Global Industry Analysis, Opportunities and Forecast To 2032 << https://lnkd.in/dnpSrCR5 #Medical automation refers to the use of #technology and automated systems to #perform tasks and processes in #healthcare and medical #settings. These automated #systems are designed to enhance #efficiency, accuracy, and #safety in various #aspects of healthcare, from #patient care and diagnosis to #administrative and #laboratory tasks. Accuray TECAN GROUP Medtronic Swisslog Holding AG GE HealthCare Intuitive Stryker Siemens Danaher Corporation Zimmer Biomet #technologies #marketgrowth #innovationmanagement #healthcareindustry #automationsolutions #accuracy #patientcare
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Partnerships are crucial in the medical device field, shaping and informing advancements in the industry! Matthew M. Cooper, MD MBA FACS FAsMA FCAMA, VP, Medical Affairs Officer, Corporate Health, and Safety at 3M, one of our featured speakers from the 10th anniversary of the America Medical Device Summit, shares the value of partnerships in the #medicaldevice industry: “Device companies do the best they can, but they can't do it alone—they need partners on the regulatory side as well.…” We’re excited to delve deeper into the future of #MedTech and the value of successful partnerships this October 1-2, 2024, with leaders from Johnson & Johnson, Abbott, Medtronic, ZimVie, Philips, and more, for invaluable insights into the industry. Join us at the Renaissance Schaumburg Convention Center Hotel in Chicago, IL, and transform your organization's medtech strategy. Discover the full agenda at amdsummit.com and learn how you can get involved! - #MedTechIndustry #MedTechInnovation #MedicalAffairs
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If one thinks about the quality of after sales services I think a buyer needs to ask the hard questions after requiring the seller of a devices, new, refurbished or as is, provides adequate manuals and software at a layperson’s level before the sale to examine. Is the service from new device sellers better than everyone else? There is no proof to back this a statement of services. In fact CDRH found ISO services do not pose a patient safety risk. If one expands services from the OEM I would ask with the reliance on on line troubleshooting is an OEM service rep trained to a superior level? My answer is no for one reason. Why would an OEM y train a person to a level that this person could benefit from by starting their own business? In addition, I ask are persons who start their own service company that competes with their former company more qualified than the OEM reps? Yes. Buyers beware. If an OEM will not give you adequate manuals and software at a layperson’s level before the sale for you to examine and request more, do not buy their devices period end of discussion. That’s how it’s done starting at the VA, DOD, large hospitals and independent medical facilities and only this will answer Dustin’s questions.
I'm so tired of this us against them mentality in all aspects of life nowadays. I'm guilty of it, and never thought my career would evolve into acting like a 4th grader with corporations that were an inspiration to me in my childhood. Let's work together to improve our industry, we need each other! I know the majority of our community wants standards for servicing the amazing equipment you guys make, let's make them together! Let's recognize we all have employees who don't live up to the standards we want and figure out how to correct it. I want to offer a formal invitation to all OEM's and lobbying groups to meet with the Biomed community and have an open discussion on working together and truly improving patient care and safety. Instead of fighting each other to change regulations for the benefit of companies, let's do the right thing and make standards with only the patients'interest at heart. if we can make this happen we all need to agree to start with a clean slate. Placing blame doesn't help anyone in this case. I hope everyone truly considers this, it would benefit the people that I believe the majority of us do this job for, the patients! . AdvaMed Philips Siemens Healthineers Medtronic Stryker Alaris Health GE HealthCare Hologic, Inc. FUJIFILM Sonosite, Inc. SHIMADZU CORPORATION Hitachi FDA #ftc #righttorepair #biomed #bmet
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R&D Spend by top Medtech companies. Also interesting to see how this shifts with the evolution of consumer/patient led digital transformation, competition and focus on cost leadership. #Innovation #AI #patientexperience #digital #healthcare #profitability #researchanddevelopment
Product & Tech Executive | Adjunct Prof | Advisor | MedTech | CleanTech | Imaging | AI | Analytics
𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐯𝐬 𝐑&𝐃 𝐒𝐩𝐞𝐧𝐝𝐢𝐧𝐠 𝐨𝐟 𝐓𝐨𝐩 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐃𝐞𝐯𝐢𝐜𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬! I previously wrote about the R&D spending of the top Medical Device companies. To show the trends better, I thought it would be good to also compare their ranking based on ► Revenue, ► R&D Spend (Dollar amount), ► R&D Spend (% of Revenue). Would be interesting to see how these numbers and ranking will change in coming years, as some of these companies, such as Philips, have already started revisiting their R&D spending. Next, I will look into the economics of three other major players in the medical device sector namely FUJIFILM, Canon, and Mindray. #revenue #medicaldevices #researchanddevelopment #rnd #healthcareinnovation Medtronic, Siemens Healthineers, BD, Philips, Stryker, GE HealthCare, Baxter International Inc., Boston Scientific
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Jazzed by proving value and creating markets for healthcare technologies that make a meaningful and measurable difference
Interesting perspective re: R&D spend of top Medical Device companies. Comparing revenue, R&D Spend ($ and % of Revenue)
Product & Tech Executive | Adjunct Prof | Advisor | MedTech | CleanTech | Imaging | AI | Analytics
𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐯𝐬 𝐑&𝐃 𝐒𝐩𝐞𝐧𝐝𝐢𝐧𝐠 𝐨𝐟 𝐓𝐨𝐩 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐃𝐞𝐯𝐢𝐜𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬! I previously wrote about the R&D spending of the top Medical Device companies. To show the trends better, I thought it would be good to also compare their ranking based on ► Revenue, ► R&D Spend (Dollar amount), ► R&D Spend (% of Revenue). Would be interesting to see how these numbers and ranking will change in coming years, as some of these companies, such as Philips, have already started revisiting their R&D spending. Next, I will look into the economics of three other major players in the medical device sector namely FUJIFILM, Canon, and Mindray. #revenue #medicaldevices #researchanddevelopment #rnd #healthcareinnovation Medtronic, Siemens Healthineers, BD, Philips, Stryker, GE HealthCare, Baxter International Inc., Boston Scientific
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At the heart of every innovation lies the relentless pursuit of excellence. Research and Development demand unwavering dedication, seamless teamwork, and boundless passion. At Revive Medical Technologies Inc., we embrace these challenges head-on, pushing the boundaries of what's possible in global healthcare. #researchanddevelopment #InnovationInHealthcare #dedication #teamwork #teamworkmakesthedreamwork #hardworking #MedicalTechnology #ReviveMedicalTechnologies #RMT
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Next to #market cap, #revenue and #growth are important metrics. Below are the top10 medical device companies by 2023 revenue : 1- Medtronic $31.2B 2- Johnson & Johnson MedTech $30.4B 3- Siemens Healthineers $23.6B 4- Fresenius Medical Care $20.8B 5- Stryker $20.5B 6- Philips $19.7B 7- GE HealthCare $19.6B 8- BD $19.4B 9- Baxter International Inc. $15.3B 10- Boston Scientific $14.2B #medicaldevice #healthcare #revenue #growth Analysis by the same author as the prior post Reza Zahiri, PhD, MBA - thank you for sharing!
Product & Tech Executive | Adjunct Prof | Advisor | MedTech | CleanTech | Imaging | AI | Analytics
𝐓𝐨𝐩 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐃𝐞𝐯𝐢𝐜𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐛𝐲 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 (2009-2023) I previously wrote about the revenue of some of the top medical device companies namely #GEHC, #Philips, #SiemensHealthineers, and #Medtronic over the years. I thought it would be good to look at it all together in one graph and compare it with the revenue of the other medical device companies. The following are the top medical device companies by #revenue in 2023: 1- Medtronic, $31.2B 2- Johnson & Johnson MedTech, $30.4B 3- Siemens Healthineers, $23.6B 4- Fresenius Medical Care, $20.8B 5- Stryker, $20.5B 6- Philips Healthcare, $19.7B 7- GE HealthCare, $19.6B 8- BD, $19.4B 9- Baxter International Inc., $15.3B 10- Boston Scientific, $14.2B #medicaldevice #healthcare #revenuegrowth Sources: Statista, MacroTrends, Individual company financial reports.
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