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Innovations in Medical Sector

Keeping a pulse on activities around innovations in Medical sector is the key ingredient in informing strategies and making key business decisions. Corroborating signals from various business activities and further deducing key performance indicators, creates a 360° view around who’s and what’s of sector relevant innovations.

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Deals

Deals Volume
79

The trendline shows the deals activity related to the innovation by month for this industry. The count represents the number of deals in the last completed 12 months.

Patents

Patents
154,985
-11.00% MoM

The trendline shows the granted patent activity by month for this industry. The count represents the number of patents that were granted in the last completed 12 months.

Latest News

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Innovations Applied for IP Protection Recently

Innovations applied for IP protection tracks new noteworthy patent applications published recently in the Medical Sector including ground-breaking technologies and the company’s technological and strategic shift towards adoption of new technologies.

Overjet is awarded a patent for the invention of artificial intelligence technology to accurately measure anatomical structures and quantify disease on dental X-rays. The invention relates to a method and system for receiving a dental radiographic image. An image processor predicts masks and points of the oral structure using the segmenter and the object detector to become part of image metadata. The dental radiographic image and image metadata are further provided to a measurement processor for calculating a sensor pixel to mm (millimeter) ratio and calculate a calibrated measurement of the oral structure.

Lithuanian University of Health Sciences have patented technology for advanced health monitoring of stroke survivors. This invention discloses a novel method for monitoring and analyzing human cardiovascular functions. The presented method and equipment allow to measure two types of cardiovascular parameters, to process, synchronize, analyze them and thus to obtain information about the state of cardio and brain vascular activity changing over time. Also, spatial analysis is applied to the measured bioimpedance data which together with the temporal analysis data allows determining the patient’s condition and how it changes after stroke.

A patent is issued to Duke-NUS for a novel Surrogate Virus Neutralization Technology (sVNT) which is developed by Professor Linfa Wang and his team from Duke-NUS, exclusively licensed to GenScript for commercialisation as the cPass and kit validation with clinical samples by Singapore’s Agency for Science, Technology and Research.  The invention relates to a  kit, composition and method for detection of antibodies to severe acute respiratory syndrome related coronavirus (SARSr-CoV), and for diagnosis of SARSr-CoV infection.

Latest Venture Financing
  • Shenzhen Resipril Biopharmaceutical Co Ltd
    SeriesB $15.1M
  • Shuzhidao Medical Technology (Suzhou) Co Ltd
    Undisclosed
  • Nuo Therapeutics Inc
    $3.55M
  • Adona Medical Inc.
    SeriesB $37.5M
  • DuraStat LLC
    SeriesB $5M
  • Shenzhen Resipril Biopharmaceutical Co Ltd
    SeriesB $15.1M
  • Shuzhidao Medical Technology (Suzhou) Co Ltd
    Undisclosed
  • Nuo Therapeutics Inc
    $3.55M
  • Adona Medical Inc.
    SeriesB $37.5M
  • DuraStat LLC
    SeriesB $5M

Case Studies Involving Key Innovations

Spotlight

Medtronic Plc, Siemens Healthineers AG and Stryker Corp are amongst the top companies who are fastest in embracing disruption caused by emerging themes and creating value

GlobalData  captures news, deals, filings, jobs, patents, and social media signals etc. and gathers the activities around innovation-led initiatives supported in the respective organisations. Our analysis suggests that Medtronic Plc has been most upfront in adopting emerging technologies amongst its peers.

Big Data, Artificial Intelligence and Internet of Things are the themes attracting most investment in the last five years

Data from March 2017 onwards

Note: GlobalData captures various data sets such as deals, filings, jobs, patents. Each data set score is combined (𝑥𝑠𝑐𝑎𝑙𝑒𝑑) to provide an overall weighted-average exposure score. The scores are then used to show the colours on the heat map and represent the level of exposure in which a darker shade represents higher levels of exposure while a lighter shade represents lower levels of exposure. Each cell in any respective column indicates the relative Company Investment Intensity of the ten tech themes compared across the list of companies for that theme.

Themes Deal Value(US$m)
Big Data 110,638.6
Artificial Intelligence 93,017.2
Internet of Things 78,526.8
Cloud 63,640.5
Robotics 41,829.2
3D Printing 24,619.8
Cybersecurity 3,697.2
Virtual and Augmented Reality 3,366.1
Blockchain 91.4

Healthcare IT is driving the growth in Medical space

The sectorial representation of the Medical industry based on growth in patenting activity and number of deals show, Diagnostic Imaging as the emerging sector. Having less patent records, Anesthesia and Respiratory Devices, marks presence as the innovation sector with highest growth in patenting activity and deal size.

Diagnostic Imaging and Orthopedic Devices are the leading therapy area/indications with more than 56 thousand deals in last five years

Data from March 2017 onwards

Note: Bubble size represents the number of deals for that sector during the past five years.

Sectors No of Deals
Diagnostic Imaging 77,788
Orthopedic Devices 56,602
Drug Delivery Devices 19,664
Healthcare IT 15,373
Anesthesia and Respiratory Devices 5,923
General Surgery Devices 1,725
Hospital Supplies 921
Ophthalmic Devices 772
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