Thursday, 18 April 2024


China's Scivita Medical expands collaboration with Boston Scientific

26 March 2024 | News

Taking products to more hospitals and patients throughout China and other global geographies

Scivita Medical Technology Co. and Boston Scientific Corporation, a leading global medical technology company, have joined hands again to sign an expanded strategic cooperation arrangement.

The introduction of iterative endoscopic technology has brought about a positive transformation in the field of endoscopy, making it an interventional tool that combines diagnosis and treatment. Single-use videoscopes are considered a solution to cross-infection in traditional endoscopy, making them a promising solution for the future medical endoscope market. The global market value of single-use videoscope was $0.5 billion in 2020, and is estimated to increase to $9.2 billion in 2030, according to Frost & Sullivan.

Under the arrangement, China-based startup Scivita Medical will expand its relationship with Boston Scientific for strategic co-development and global distribution activities. Such activities may include collaboration on the co-development of future endoscopic devices, and global distribution opportunities for Scivita Medical's single-use endoscope and imaging devices. It is expected that this expanded arrangement will help bring Scivita Medical products to more hospitals and patients throughout China and other global geographies.

Sign up for the editor pick and get articles like this delivered right to your inbox.

Editors Pick
+Country Code-Phone Number(xxx-xxxxxxx)


Comments

× Your session has been expired. Please click here to Sign-in or Sign-up
   New User? Create Account