Health IT Product News Report
Allied Market Reseach reports that the US Health Care Information Technology market was evaluated at $61,018 million in 2017, and is estimated to reach $149,178 million by 2025, at a CAGR of 11.7% during the forecast period. The industry is driven by growing demand for improved patient safety and patient care as well as increase in government initiatives to promote and adopt health IT.
Data Bridge Market Research reports the market drivers and growth can be attriuted to the increase in technological know-how, growing volume of patient data, and demand for quick and efficient healthcare processes and systems will help in driving the growth of the healthcare IT market. Increasing digitization in the healthcare industry and demand for value based care and rising cost of provision of healthcare services coupled with the increasing number of healthcare facilities will likely accelerate the growth of the healthcare IT market in the forecast period of 2020-2027.
And finally over 120 companies are found on the newest Inc. 5000 2020 list of fastest growing private companies. Several of those in the top 200. The list is ranked according to percentage revenue growth when comparing 2016 and 2019.
Read all our product news reports. Here is a snapshot of health IT product news being announced.
Health IT Product News:
Intelerad Unveils New Cloud-Native Disaster Recovery Solution
Intelerad Medical Systems™ (@intelerad), a company in medical image management solutions, announced the launch of its latest solution, Intelerad Cloud DR (disaster recovery). Designed to provide secure, isolated and immutable copies of all medical images with unlimited capacity services, Cloud DR mitigates the risks against natural disasters, human error, technological failure or cybersecurity breaches amongst hospitals, healthcare systems and radiology practice groups.
Consensus Cloud Solutions Delivers First e-Signature Solution Secured by Blockchain
Consensus Cloud Solutions, Inc. (@consensuscs), the developers of eFax®, a leading document transmission and data-exchange solution, announced the launch of its new standalone, e-signature product called jSign. The solution enables customers to send signature requests and then secure, and electronically sign documents through a tamper-free, online interface built on blockchain technology.
Tesis Labs Announces Name Change to Tesis Biosciences
Tesis Biosciences (@tesisbiosciences), a company in targeted genetic sequencing, announced its new company name – Tesis Biosciences, to reflect the organization’s increasing focus on advancing clinical research and diagnostic initiatives through collaborative relationships with important healthcare stakeholders.
SkyPoint Cloud Launches SkyPoint Resolve, Machine Learning-Based Identity Resolution
SkyPoint Cloud (@skypointcloud), the privacy-first customer data platform that enables consumer and healthcare brands to build deeper relationships with their customers, announced the launch of SkyPoint Resolve, an affordable and scalable identity resolution SaaS product powered by machine learning, which provides consistent customer profiles, fraud detection and compliance.
Biotricity Delivers Bioheart: A Groundbreaking Consumer Heart Monitor
Biotricity Inc. (@biotricity_inc) a modern medical technology company focused on delivering innovative, remote biometric monitoring solutions, announced the availability of Bioheart, a direct-to-consumer heart monitor that offers the same continuous heart monitoring technology used by physicians. Showcased in prototype form at CES 2020, Bioheart has shipped to preorder customers and is now available for purchase at www.bioheart.com.
Telemedicine Product News:
Tyto Care Receives CE Mark for Its On Demand, Remote Examination Solution
Tyto Care (@TytoCare), a telehealth company enabling on demand telehealth visits and comprehensive medical examinations, announced it received CE Mark approval and that its end-to-end telehealth solution is now available for European consumers and professionals. CE Mark approval paves the way for the immediate European roll out of Tyto Care’s comprehensive solution, which includes an otoscope, stethoscope, digital camera, and telehealth platform.
FDA Medical Devices approved in November 2021
The FDA regulates medical devices sold in the United States to assure their safety and effectiveness. Medical devices range from simple tongue depressors and hospital gowns to complex programmable pacemakers and robotic surgical systems. Their Medical Device Product Classification database lists over 6,000 types of medical devices regulated by FDA’s Center for Medical Devices and Radiological Health (CDRH) and the classification assigned to each type. Depending on the device classification, along with other factors, federal regulations (such as the Code of Federal Regulations, Title 21) define requirements that must be fulfilled for CDRH to approve or clear devices sold in the United States.
Here are the recently approved devices for the month of November.