The Medical Device Network Excellence Awards Winners have been announced! To see the full list you can download the full 60+ page report from the following link:
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The Excellence Awards celebrate the greatest achievements and innovations in the industry. The programme provides a platform to recognize the people and companies that are driving change.
Our program is designed to highlight excellence within the sector by looking at a range of corporate activities including deals, business projects and company initiatives, both internal and in the community.
Featured Winners
Novius, a pioneering Japanese startup specializing in medical imaging technology and a Category Award Winner for Innovation.
Established in 2003, iRESTORE is a technology-led, non-invasive approach to hair restoration and preservation. It is also a Category Award Winner for Innovation and Product Launches.
Penumbra Inc., the world’s leading thrombectomy company, is focused on developing the most innovative technologies and a Category Award Winner for Innovation.
Advanced Sterilization Products
Advanced Sterilization Products is a leader in infection prevention and a Category Award Winner for Innovation, Product Launches, Safety, and Environmental.
Eitan Medical is reimagining drug delivery, with reliable innovations that put patients at the center of care, making drug delivery easier and safer than ever before. It is also a Category Award Winner for Innovation and Product Launches.
THINK Surgical, Inc., is a privately held U.S.-based technology innovator that develops and markets orthopedic robots and a Category Award Winner for Innovation and Product Launches.
TRICOR Systems, Inc. has been providing contract manufacturing to the medical, aerospace and industrial sectors since 1976 and a Category Award Winner for Innovation and Safety.
Werfen, a worldwide leader in Specialized Diagnostics and a Category Award Winner for Innovation, Research and Development (R&D), and Product Launches.
Owkin is the first end-to-end AI biotech company on a mission to understand complex biology and ensure every patient gets the right treatment and a Category Award Winner for Innovation and Product Launches.
Ideal Medical Solutions was established in 2011, with a vision to bring innovative technology to market which would enhance and improve patient outcomes and revolutionise standard of care. It is also a Category Award Winner for Marketing, Product Launches and Social.
As one of the world’s leading medical technology companies, B. Braun protects and improves the health of people around the world and a Category Award Winner for Product Launches and Safety.
HemoSonics, LLC is a medical device technology company focused on acute bleeding management, resulting in better patient care and lower overall medical costs. It is also a Category Award Winner for Innovation.
KOB is a global B2B manufacturer of medical devices and elastic special textiles and a Category Award Winner for Innovation.
Key Trends and Themes
Our research for the 2024 Medical Device Network Excellence Awards has identified that the medical devices industry is experiencing significant advancements across multiple domains, with a strong emphasis on innovation, sustainability, and strategic growth.
Key themes include the integration of artificial intelligence (AI) and machine learning in diagnostics and treatment planning, as demonstrated by companies like Cleerly and Owkin, which are pioneering AI-enabled solutions in cardiology and digital health. Owkin, in particular, has made strides with its CE-marked AI diagnostic tool for MSI testing in colorectal cancer, enhancing diagnostic efficiency and accuracy.
The trend towards sustainable practices is evident in the efforts of companies such as Boston Scientific and Siemens Healthineers, which are making strides in reducing carbon emissions and promoting eco-efficient production. Advanced Sterilization Products also exemplifies this trend with its environmentally friendly sterilisation solutions that significantly lower energy consumption and water usage.
The industry is also witnessing a surge in strategic investments and expansions, with companies like DexCom and Fujifilm enhancing their manufacturing capabilities to meet growing global demand. Mergers and acquisitions remain a critical strategy for portfolio expansion and technological integration, as seen with Johnson & Johnson‘s acquisition of Shockwave Medical and Carl Zeiss Meditec‘s acquisition of D.O.R.C.
Product innovation is at the forefront, with companies like Abbott and Edwards Lifesciences leading with groundbreaking medical devices that address critical healthcare needs. THINK Surgical is advancing robotic surgery with its TMINI® Miniature Robotic System, while Eitan Medical is transforming infusion therapy with its Avoset™ Infusion System.
Penumbra’s aspiration technology in thrombectomy devices is revolutionising the treatment of ischemic stroke, and Freedom Laser Therapy is offering a non-invasive solution to hair loss with its iRESTORE Elite device.
Safety and patient outcomes are a priority, as reflected in the advanced sterilisation technologies by Advanced Sterilization Products and infection control solutions by TRICOR Systems. HemoSonics and Werfen are innovating in point-of-care blood testing, enhancing diagnostic accuracy and efficiency. B. Braun’s Introcan Safety 2 IV catheter and Ideal.
Medical Solutions’ surgical tools are setting new standards in medical device safety and efficacy.
Social responsibility initiatives are prominent, with organisations such as GE HealthCare Foundation and Stryker enhancing healthcare access and capacity in underserved regions. Companies like Medtronic and Danaher are making significant efforts to promote workforce diversity and pay equity, demonstrating a commitment to inclusion and equality.
Overall, the 2024 awards highlight the industry’s commitment to addressing unmet healthcare needs through innovative solutions, strategic growth, and a focus on sustainability and social impact. The achievements of companies like Novius, with its AI-powered 3D medical imaging technology, and KOB, with its innovative wound care solutions, further underscore the transformative potential of the medical devices sector.
Congratulations to all our winners!
Awards Report
Our Awards Report contains:
- Introduction and Themes
- All Excellence and Category Winners
- Featured Winner Profiles
- Country Winner Breakdown
You can download the full 60+ page report from the following link:
