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Tag: medical equipment

TechPrint Helps the Growing Wearable Medical Devices Market

In 2014, the wearable medical devices market took in around $2.7 billion dollars and is expected to grow in large proportions by the year 2023. Estimates are suggesting the market will reach $10 billion dollars by that year globally. Although there are numerous devices that are manufactured in this market, the largest growth rate is…

New FDA Stand-Alone Symbols on Labels Regulations

Earlier this year, the Food and Drug Administration (FDA) ruled in favor of allowing companies to use graphical representation without added text on their products. This was done in part to bring more American companies in line with symbols that are currently being used in European and foreign markets. As more countries begin to use…

Medical Device Development Assistance and Manufacturing Incubators

The medical care industry is rapidly expanding due to the largest segment of the population aging and requiring medical assistance.  This has led to many companies working on developing new medical devices that will improve care and allow patients to get the treatment they need at reasonable and affordable prices.  Developing these new medical devices…

THE MEDICAL DEVICE TECHNOLOGIES MARKET IS GROWING GLOBALLY

Growth in the medical devices market always stirs with conflicting emotions. On one hand it stands for the fact that the use of these technologies is becoming more rampant pointing to the rise of chronic and acute diseases. On the other it reflects advancements in medicine and the promise of better care and healing for…

What Does the Suspension of the Medical Device Tax Mean for the Industry?

The Patient Protection and Affordable Care Act implemented in 2013 included a medical device excise tax which imposed a 2.3% tax on domestic sales of medical devices. The tax, paid for by the manufacturers or importers, was expected to generate billions of dollars to support healthcare but the revenues fell short and the tax took…

HMI: It’s technical, and why it’s so important

Human Machine Interface (HMI) systems is an important technology right now, and that is especially true for medical devices. With rising healthcare costs and an increasing need for affordable, easy to use medical devices, HMI for medical equipment is becoming an ever-important trend in product design development. Simply put, HMI systems provide the controls that…