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home / articles / BSX - Scivita Medical Expands Collaboration with Boston Scientific | Benzinga


BSX - Scivita Medical Expands Collaboration with Boston Scientific | Benzinga

SUZHOU, China, March 25, 2024 /PRNewswire/ -- Recently, Scivita Medical Technology Co., Ltd. ("Scivita Medical") and Boston Scientific Corporation (NYSE:BSX), a leading global medical technology company, 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 USD 0.5 billion in 2020, and is estimated to increase to USD 9.2 billion in 2030, according to Frost & Sullivan.

Scivita Medical is a medical device company that provides minimally invasive diagnosis and treatment solutions, and focuses on research, development and commercialization of medical endoscopes and related products. The company has made globalization its strategic goal. Scivita Medical is making progress ...

Full story available on Benzinga.com

Stock Information

Company Name: Boston Scientific Corporation
Stock Symbol: BSX
Market: NYSE
Website: bostonscientific.com

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