The wearable technology market is booming, with GlobalData predicting that the sector will grow by 24.6% each year between 2020 and 2024 to reach a huge $156 billion. While this has so far largely been driven by consumer fitness trackers, as people sought to keep fit at home during the COVID-19 pandemic, the leading data […]

Precision medicine is reshaping oncology, according to GlobalData, which notes that considering aspects such as a patient’s environment and genetics will provide physicians with a more holistic view of patient requirements. The leading data and analytics company highlights that, since cancer is incredibly variable, the advancement and use of precision medicine is vital in addressing […]

The global market for colonoscopes is forecast by GlobalData to rapidly grow from $3.6 billion in 2022 to $5.8 billion by the end of the decade. The leading data and analytics company notes that this growth is primarily driven by the increasing number of colorectal cancer screenings worldwide, but particularly in the US. The typical […]

Following the recent news that Valo Health and Kahn-Sagol-Maccabi (KSM) will perform joint studies using KSM’s Tipa BiobankTM of more than 800,000 samples and Valo’s drug discovery and development platform OpalTM; Ashley Clarke, Medical Analyst at GlobalData, a leading data and analytics company, offers her view: “The collaboration provides an opportunity to utilize the growing […]

To cut costs, healthcare companies are seeking out single-use alternatives to certain medical devices that require a lot of time and money to reprocess, according to GlobalData. The leading data and analytics company gives the example of the bronchoscope market, within which single-use flexible video bronchoscopes are gaining ground over traditional multi-use options. A bronchoscope […]