Daily Newsletter

10 August 2023

Daily Newsletter

10 August 2023

Inspira concludes study of blood circulation medical device

The device is suitable for use in several extracorporeal treatments in the intensive care unit and during heart surgery.

RanjithKumar Dharma August 10 2023

Inspira Technologies has concluded a Usability Study for its INSPIRA ART100 blood circulation medical device in Boston, Massachusetts, US.

The study involved US healthcare professionals assessing and examining the device in a setting that has been designed to consider the human aspects of the intended users, uses and use environments.

Inspira Technologies CEO Dagi Ben Noon said: “We are advancing with the INSPIRA ART100. We plan to take a position in disrupting the medical device industry with our high-grade technology.”

The extracorporeal blood circulation device is intended for pulmonary and cardiac support.

It constantly enriches the blood with oxygen while eliminating carbon dioxide.

The device can be used in several extracorporeal treatments in the intensive care unit (ICU) and during heart surgery.

INSPIRA ART100 is expected to be the first device that can be integrated with the company’s non-invasive HYLA blood sensor technology, which is intended to carry out continuous blood measurements in real time.

It features a large touchscreen and colourful graphical representation to enhance the visibility, scope and functionality of data presented to the medical staff.

The company plans to submit the INSPIRA ART100 device to the US Food and Drug Administration to obtain approval, in the latter half of this year.

In May this year, the company announced the development of a new augmented respiration technology, dubbed the VORTX Blood Oxygenator, to imitate lung function.

Inspira is focused on the development of medical technologies and products for the prevention of mechanical ventilation.

Healthcare companies are hesitant to invest in the metaverse

The COVID-19 pandemic pushed the healthcare industry to rapid digitalization. Increased use of telehealth, telepresence systems, remote diagnostics, predictive AI, and wearable technology is changing how healthcare is delivered and improving patient outcomes. Emerging technologies such as AR and VR are becoming increasingly routine for professional training, surgical assistance, and treatment of psychological and neurological disorders. In the pharma and medical devices industries, AR, VR, and AI are rapidly accelerating drug discovery and manufacturing and generating supply chain efficiencies. New digital opportunities will look to build upon disruptive technologies. However, affordability is a limiting factor to widespread adoption. Per GlobalData estimates, the metaverse market is expected to grow at a CAGR of more than 33% between 2023 and 2030. Although metaverse technologies could reinvent healthcare approaches and bring new experiences to healthcare providers and patients, adoption is still at an early stage. There are currently few use cases in the healthcare industry. The metaverse needs to overcome major challenges for healthcare, including regulation and data privacy concerns. Evidence of proven use cases and participation by a critical mass of users are imperative to drive a shift in metaverse investment.

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