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Latest Medical Bionic Implant/Artificial Organs Companies Updates:
Abbott Receives Breakthrough Designation for First Bionic Pancreas System:In October 2023, Abbott received a Breakthrough Designation from the U.S. Food and Drug Administration (FDA) for its closed-loop bionic pancreas system. This system, currently under development, could revolutionize diabetes management by automatically adjusting insulin delivery based on real-time blood glucose levels.
SynCardia Announces Successful Implant of its Total Artificial Heart in Europe:In November 2023, SynCardia announced the successful implantation of its Freedom Destination total artificial heart in a patient in Europe. This marks a significant milestone for the company, as it brings its potentially life-saving technology closer to widespread use.
Second Sight Medical Products Secures €74 Million Financing for its Artificial Retinal Prosthesis:In December 2023, Second Sight Medical Products secured €74 million in financing to further develop and commercialize its Argus II retinal implant. This device helps restore some vision to patients with retinitis pigmentosa, a degenerative eye disease.
Ekso Bionics Partners with Ford to Develop Exoskeletons for Factory Workers:In January 2024, Ekso Bionics announced a partnership with Ford to develop and test exoskeletons that could reduce fatigue and prevent injuries for factory workers. This collaboration could pave the way for wider adoption of exoskeletons in the industrial sector.
Medtronic Launches AI-Powered Surgical Assistant for Joint Replacement Surgery:In January 2024, Medtronic launched its Mazor X Stealth Edition robotic surgical assistant for knee and hip replacement surgery. This system uses artificial intelligence to help surgeons plan and perform procedures with greater precision and accuracy.
List of Medical Bionic Implant/Artificial Organs Key companies in the market:
- Aleva Neurotherapeutics S.A. Switzerland
- Â Biocontrol Medical Israel
- Â Biomet, Inc. U.S.
- Boston Scientific Corporation U.S.
- Â Cochlear Ltd. (Australia), Cyberonics, Inc. U.S.
- Â Ekso Bionics U.S.
- Â LivaNova PLC U.K.
- Â Medtronic, Inc. U.S.
- Â NeuroPace, Inc. U.S.
- Orthofix International N.V. The Netherlands
- Â Ossur Iceland
Medical Bionic Implant Artificial Organs Market Highlights:
Medical Bionic Implant Artificial Organs Market Highlights:
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