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Incentives for medical devices using robotics, AI, 3D Printing in Korea

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18-Apr-17 In Korea, an evaluation and compensation system will be applied to medical devices using innovative technologies such as robotics, artificial intelligence and 3D printing. “We will continue to improve systems and give supports so that the healthcare industry will develop into a future growth engine" said Kim Gang-rip, director of the Ministry of Health and Welfare. [image: Business Korea]

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Medtronic’s Ishrak sees Chinese health reform as boon to the medical device business

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14-Apr-17 Healthcare reform in China could be a major boon to Medtronic, says CEO Omar Ishrak who told the China Daily "in 10 years, probably, the Chinese market would have outpaced the US market." Ishrak added, Medtronic would open a heart-valve manufacturing site in Shanghai, saying "the facility would help relieve the shortage of such valves in China and globally." [image: Medtronic]

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Tijuana, Mexico finds its place as a leader in medical device manufacturing

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11-Apr-17 The North American Free Trade Agreement has led to the transformation of Tijuana to become one of the world capitals in the manufacture of medical devices. The manufacturing units located in Tijuana make millions of medical devices from intravenous bags to artificial respirators. Many American med-device companies have manufacturing facilities in TiJuana, including Medtronic, Carefusion, and DJO Global. [image: John Francis Peters / New York Times]

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Healthcare devices in India registered 150% growth on Amazon

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07-Apr-17 According to data from Amazon.in, the healthcare category has grown 150% year on year with some of the top selling products in the category are blood glucose monitors, fitness trackers, and blood pressure monitors. The younger generation are driving these purchases that include for self-use and gifts for parents and grandparents. [image: ET Retail / Amazon]

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Many American healthtech companies would have more success in emerging markets

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06-Apr-17 Global healthcare spending is roughly USD7 tn, according to the US Department of Commerce and many companies would have more success pursuing product approval in emerging markets as the technologies may be more helpful for those patient populations and the regulatory burdens more manageable, suggested Matthew Hein, representative for the US DoC at the MedTech Intelligence Global Regulatory conference. [image: MedTech Intelligence]

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