Report ID: SQMIG35A2618
Report ID:
SQMIG35A2618 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
124 |
Figures:
77
The acquisition of LimaCorporate S.p.A. ("Lima"), a privately held global orthopedic company dedicated to restoring motion through an inventive array of implant treatments, was closed, as Enovis Corporation announced in January 2024. Government organizations like the FDA and the European Union's CE mark regulate the muscle stimulation device market to guarantee its efficacy and safety. In order to get approval or clearance for new devices, companies need to comply with quality system rules and submit data from clinical trials. Muscle stimulators are considered medical devices and have to adhere to ISO 13485 and ISO 10993 standards. Risk management, biocompatibility evaluation, electrical and mechanical safety testing, and current good manufacturing practices are among the main regulatory criteria. To avoid making false claims, regulations also apply to device labeling and advertising.
In October 2023, Chattanooga Medical Solutions (CMS), a respectable company specializing in professional EMS and muscle rehabilitation equipment, was successfully bought by Compex, a well-known producer of electrical muscle stimulation (EMS) devices. Compex's product offering will be further expanded by this strategic acquisition, which will also give CMS access to Compex's vast international distribution network.
Leading medical device maker NeuroMetrix, which specializes in treating neurological illnesses and pain, is pleased to announce the release of Ztilio Pro, a state-of-the-art professional muscle stimulator, in September 2023. Designed to be used in pain management clinics, sports medicine facilities, and physical therapy clinics, the Ztilio Pro is a significant advancement in the field of advanced muscle stimulation technology.
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Report ID: SQMIG35A2618