OSI Systems Receives FDA Clearance for New Device Used in Anesthesia Delivery

Identifying key information quickly and easily is critical to the anesthesia delivery practice and the ability to record and retrieve this data is also increasingly important. OSI Systems, Inc. (NASDAQ:OSIS), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, announced recently that its Healthcare division, Spacelabs Healthcare, has received FDA 510k clearance for Enhanced Flow Meter (EFM) Visualization which will be utilized on the BleaseSirius Anesthesia System. EFM’s unique visualization feature provides the “touch and feel” to which clinicians are accustomed by displaying an easy to read format using 3-D gas flow tubes and numerical data. With the EFM, the patient data becomes immediately available for export to patient monitoring and hospital information systems.

OSI Systems’ CEO, Deepak Chopra, stated, “…With several upcoming new product introductions in patient monitoring, anesthesia, cardiology, and data connectivity, we continue to innovate across all of our product platforms and provide hospitals with integrated solutions utilizing the latest technology and help deliver improved patient care.”

The US anesthesia device and information system market – comprising anesthesia delivery machines, breathing and airway management devices, anesthesia monitors, level of consciousness monitoring devices, and anesthesia information systems will feel the effects of complex market forces related to the economic downturn, obsolescence of popular machines, a growing population needing surgery, and greater demand for high-acuity department automation to boost effectiveness and manage costs.  The global market for anesthesia and respiratory devices was valued at $7.5 bn in 2008 and is forecast to reach $13.7 bn in 2015 with an annual growth rate of 8.9%.

Also in the field of anesthesia, InSite Medical Technologies is a medical company focused on the safe and accurate delivery of epidural anesthesia, and Compumedics is leveraging its existing technology in sleep medicine and neurology to in-depth anesthesia monitoring and sleep disorder therapy.

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