Digital health is where big tech firms want to be right now: from Amazon to IBM, Microsoft to Google, hardware and software companies are scrambling to up their presence in the healthcare sector. Apple has been quietly expanding into the space for a number of years as its devices and its CEO Tim Cook even recently said that in future the company's greatest contribution to humanity would be considered to be'about health'. The first signs of Apple's burgeoning interest in health came with the launch of its HealthKit platform and Health app, which debuted alongside the first Apple Watch. Back then, it was consumer wellness that Apple was talking about, helping users track their exercise, diet, and other lifestyle metrics, with the idea that if you know how much you're doing, you might be encouraged to do more. However, the launch of CareKit and ResearchKit around the same time showed that Apple was also thinking about how to work with medical professionals as well as consumers.
The ortho giant's purchase of French surgical robotics firm Medtech could give competitor Mazor Robotics a run for its money, according to one analyst. Zimmer Biomet has officially entered the surgical robotics market with its acquisition of a majority of shares in the French firm Medtech, maker of a robotics platform for neurological and spine procedures. The Warsaw, IN-based company, a leader in the musculoskeletal space, announced July 18 that it had purchased almost 59% of shares in Medtech and also intends to mount an all-cash simplified tender offer to acquire the remaining shares. Zimmer Biomet will continue to operate Medtech out of its current headquarters in Montepellier, France, which will also serve as a "center of excellence" for Zimmer Biomet's surgical robotics development efforts, according to a joint press release from the companies. With the Medtech acquisition, Zimmer Biomet gains the Rosa platform, which is currently used in 20 hospitals in Europe, North America, Asia, and the Middle East, according to the company's website.
Life expectancy of more than 100 years will soon become commonplace as advances in technology tackle the problem of ageing, experts say. A Bank of America report that predicts that death-delaying technologies will be one of the biggest investment areas over the next decade. This market is already worth £85 billion ($110 billion), a value that the investment bank expects to rise to around £462 billion ($600 billion) by 2025. Developments in the exploration and editing of the human genome, artificial intelligence and disease treatment are among areas highlighted by the report. Life expectancy of more than 100 years will soon become commonplace as advances in technology tackle the problem of ageing, experts say.
Rep. Tom Price gave a glimpse Wednesday into how and when incoming President Donald Trump and fellow Republicans will replace ObamaCare, saying their goal is to "insure everybody" and suggesting the new GOP plan will largely give states the responsibility of covering Americans. "Insurance for everybody has always been my stated goal," Price said during the start of his Senate confirmation hearings. He also argued that more insurance accessibility along with financial help for consumers are the keys to a better plan. The Georgia lawmaker and orthopedic surgeon made the remarks as Americans look for details on how Trump plans to replace the 2010 health care law, which insures roughly 20 million Americans. While Price gave some indication of Trump's plan, he carefully made sure not to overstep the president-elect by speculating or providing extensive detail before Trump announces his plan.
Apple has long been positioning the iPhone and the Apple Watch as wellness devices -- hardware that can help you track markers of fitness including exercise, step count, and even sleep and'mindfulness minutes'. Also: Apple Watch ECG app launches today with watchOS 5.1.2 But now it's taking that a step further by adding the sort of heart-monitoring technology more usually of interest to doctors -- making it available to anyone with a wrist and a few hundred dollars to spare. While previous versions of the Apple Watch have been able to measure a wearer's heart rate, the Apple Watch 4 takes a big step up with its electrocardiogram (ECG or EKG depending on where you are) functionality -- which is now live. Thanks to the new functionality, the Apple Watch will be able to keep an eye on your heart in two ways.