Grocery retailers like Safeway are getting into the healthcare game by offering lab tests at certain select locations, underscoring the trend of consumer-driven healthcare. 

Arundhati Parmar

 

The morphing of CVS to CVS Health and Walgreens' multi-pronged effort in healthcare, including its recent plan to combat prescription drug abuse, underscores the growing trend of consumerization of healthcare.

In states like Arizona, that mega trend, along with a unique law passed to encourage people to be involved in their own health, has created opportunities for traditional grocery chains like Safeway to get into the...

February 9th, 2016
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Medicare's final decision memo on reimbursement coverage for percutaneous left atrial appendage closure therapy is more forgiving than its November proposal. Here's what that means for Boston Scientific's Watchman device.

Marie Thibault

It's a win for Boston Scientific's Watchman device.

CMS released its decision memo on percutaneous left atrial appendage closure (LAAC) therapy on Monday with revised criteria for reimbursement coverage. Notably, the...

February 9th, 2016
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South Africa

Domestic Market: $1.1 billion (2015)

Exports: $40.6 billion (2013)

Major Export Markets: Zimbabwe, Kenya

Local Players: MDG Health Solutions, Akacia Healthcare, Southern Medical, Respitek

Regulatory Body: Department of Health

Stat: ...

February 5th, 2016
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India

Domestic Market: $3.5 billion (2015)

Exports: $1.1 billion (2015)

Major Export Markets: UAE, United States, China, Singapore, Hong Kong

Local Players: TTK Healthcare, Appasamy Associates, Trivitron Healthcare, Aravind Eye Care

Regulatory Body: Central Drugs Standard Control Organization

Stat: There are nearly 1000 local medical device companies operating in...

February 5th, 2016
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Turkey

Domestic Market: $2.6 billion (2015)

Exports: $224 million (2015)

Major Export Markets: Iran, Azerbaijan, Germany, China

Local Players: UZUMCU Medical Equipment 

Regulatory Body: General Directorate of Pharmaceuticals and Pharmacy Department of Medical Device...

February 5th, 2016
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Mexico

Domestic Market: $4.0 billion (2015)

Exports: $8.6 billion (2011)

Major Export Markets: United States, Latin America

Local Players: Compañía Mexicana de Radiología, Semka Technologies 

Regulatory Body: Federal Commission for Protection Against Sanitary Risks (COFEPRIS)

Stat: Medical device comapnies operating in...

February 5th, 2016
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Singapore

Domestic Market: $525.2 million (2015)

Exports: $5.8 billion (2015)

Major Export Markets: Asia

Local Players: HealthSTATS, Veredus Laboratories

Regulatory Body: Health Sciences Authority

Stat: ...

February 5th, 2016
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Malaysia

Domestic Market: $1.4 billion (2015)

Exports: $3.2 billion (est. by 2020)

Major Export Markets: Asia

Local Players: ABio Orthopaedics, Straits Orthopaedics, Dispo-Med, Vigilenz Medical Devices, Allenhealthcare, UWC Healthcare, Top Glove

Regulatory Body: Medical Device Authority

Stat: ...

February 5th, 2016
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Brazil

Domestic Market: $4.6 billion (2015)

Exports: $847 million (2013)

Major Export Markets: Argentina, Paraguay, Uruguay, Venezuela

Local Players: Viotti

Regulatory Body: National Agency of Sanitary Surveillance (ANVISA)

Stat: Although suffering due to Brazil's strained economy, the country's...

February 5th, 2016
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Israel

Domestic Market: $1.0 billion (2015)

Exports: $1.6 billion (2011)

Major Export Markets: United States, Japan, China, Europe

Local Players: Given Imaging

Regulatory Body: AMAR

Stat: A majority of medical device companies in...

February 5th, 2016
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