3B Scientific, a manufacturer and marketer of anatomical and biological education and simulation products for science, healthcare and patient education, has acquired Excellus Technologies Inc. dba Cardionics, a provider of auscultation simulation products.
Cardionics chief operating officer Andy Strandell will continue in his role with Cardionics and is excited about the future growth prospects of the two companies. "The combination of 3B Scientific and Cardionics is an ideal combination to take advantage of the global distribution capabilities of 3B Scientific with the category leading auscultation products of Cardionics. I look forward to working closely with the new team."
The healthcare simulation market has experienced significant growth in the past decade and is estimated to reach US$2.27 billion by 2021, according to a 2016 Markets and Markets report.