PESG Report: Inspira Technologies Strengthens its AI-Powered Blood Sensor with new Capabilities, Intends to Share Clinical Findings Soon
February 06 2025 - 7:27AM
Business Wire
Inspira Technologies* advancement of its AI-powered blood
monitoring technology comes amid robust growth in medical
technology M&A, with Q3 2024 seeing 275 deals worth $34 billion
- a 35% increase year-over-year. The integration of this new
oxygenation indicator strengthens the Company's position in both
the $2.5 billion blood gas analysis market and, through the
FDA-cleared INSPIRA ART100 system, the $19 billion mechanical
ventilation market. With clinical evaluations of the HYLA blood
sensor underway at Sheba Medical Center and preliminary results
reportedly expected in the near future, the Company continues to
execute its strategy of combining AI-enhanced monitoring
capabilities with innovative respiratory support solutions.
Future Markets Research Releases an update following recent
developments: Inspira Technologies* (NASDAQ: IINN) has announced a
significant advancement in its AI-driven medical platform with the
integration of a next-generation oxygenation indicator into its
HYLA blood sensor technology. This enhancement enables rapid
detection of critical oxygen-related conditions without requiring
intermittent blood draws, representing a potential breakthrough in
continuous patient monitoring.
The HYLA System: A New Paradigm in Blood Monitoring, powered
by AI
The enhanced HYLA blood sensor system leverages sophisticated
optical sensors and machine learning algorithms to provide
real-time monitoring of vital blood parameters. This AI-powered
technology is designed to detect and alert healthcare providers to
changes in tissue oxygenation and early warning signs of
respiratory complications, including hypoxia.
Currently undergoing clinical evaluation at Sheba Medical
Center, ranked among the world's top 10 smartest hospitals by
Newsweek, the system targets what the companies notes as the $2.5
billion Arterial Blood Gas analyzer market. The company has
announced plans for 510(k) FDA submissions in the second half of
2025, marking a clear regulatory pathway for this innovative
technology.
Notably, the product is intended for dual use – both as a
standalone product, as well as an addon to Inspira’s ART100 system,
which is already in commercialization phases after reviewing FDA
clearance. The ART100 is designed to revolutionize extracorporeal
blood circulation by integrating cutting-edge technology with
intuitive design to optimize patient care during crucial times. As
such, this enhancement of the HYLA also strengthens Inspira’s
offering also in what the companies says is a $19 billion
mechanical ventilation market.
Expansive Product line with FDA Cleared Products being
Deployed
While HYLA advances through clinical evaluation, Inspira has
already achieved significant business milestones with its INSPIRA
ART100 system. Following FDA 510(k) clearance in May 2024 for
Cardiopulmonary Bypass procedures and subsequent Israeli AMAR
certification, the company secured its first U.S. purchase order
through distribution partner Glo-Med Networks in June 2024. The
ART100 system is now being prepared for deployment in U.S.
hospitals, demonstrating Inspira's ability to navigate both
regulatory requirements and its operational implementation.
Inspira's technology ecosystem extends beyond blood monitoring
to address critical challenges in respiratory care. The company's
proprietary VORTX technology represents a novel approach to blood
oxygenation, designed to minimize blood trauma compared to
traditional fiber membrane technologies. This innovation supports
their flagship INSPIRA ART (Gen 2) system, which targets the $19
billion mechanical ventilation market by offering an alternative to
conventional ventilation methods that often require medically
induced coma and intubation.
Market Context and Importance
Inspira's technological advances is particularly relevant given
current healthcare challenges. With approximately 20 million
patients annually requiring mechanical ventilation globally and
mortality rates exceeding 50% under current protocols according to
recent reports the company has highlighted, the need for innovative
solutions is clear. Inspira's approach of enabling conscious
patient treatment while maintaining continuous monitoring
represents a potential paradigm shift in critical care
management.
From a financial perspective, deal activity in medical
technology presents a compelling backdrop for innovative AI-focused
companies like Inspira. Overall medical device M&A showed
robust growth in Q3 2024, with GlobalData reporting 275 deals worth
$34 billion - marking a 35% increase in volume and 25% increase in
value compared to Q3 2023. Venture investment activity has been
particularly strong, with medtech seeing $16.1 billion across 554
funding rounds through Q3 2024. Notably, Inspira holds a market
capitlization of just of $20 Million.
What to look out for
Several key developments seem to be expected in the coming
months, including the deployment of INSPIRA ART100 systems in
leading U.S. hospitals which the company is preparing for according
to a recent press release. Additionally, according to this latest
release, preliminary clinical results from the HYLA blood sensor
evaluation program are expected to be reported in the near future.
If the preliminary clinical results are positive, specifically, if
they are indeed inline with the performance of the standard sensors
in the market, that would be a significant validation of Inspira’s
HYLA and could be a strong boost in their positioning.
Click here to Subscribe for more updates like this
Latest News from Inspira:
- Inspira™ Introduces Advanced Features for INSPIRA™ ART100,
Further Amplifying User and System Support
- Inspira™ Technologies Prepares its First Life-Support Systems
for Deployment at a Leading U.S. Hospital
- Inspira™ Announces the Appointment of Tal Parnes as the New
Chairman of the Board, Bringing Vast Experience in the Medical
Technology and Pharmaceutical Sectors
* Disclaimer: Nothing in this report constitutes
financial or investment advice, nor does it represent an offer to
buy or sell securities. This report is published by PESG Research,
a brand affiliated with the Wall Street Wire™ network. The
operators of Wall Street Wire are not registered brokers, dealers,
or investment advisers. This report contains paid promotional
content related to Inspira Technologies and was produced as part of
their paid subscription to Wall Street Wire. This report has not
been reviewed or approved by Inspira prior to publication Please
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PESG Editorial Desk ronald@futuremarketsresearch.com
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