Flexible video colonoscopes have replaced non-video colonoscopes to a large extent in India. Currently, manufacturers are focused on developing disposable components for flexible video colonoscopes...
Wearable technology has been widely used to perform digital contact tracing during the COVID-19 pandemic. This rise in use cases means that the wearable tech...
Following the announcement that Medtronic’s Linq II cardiac monitor received both FDA clearance in the US and a European CE Mark;Ashley Young, Medical Device Analyst...
India is actively seeking foreign investments in the field of medical devices as it intends to shift focus towards domestic manufacturing amidst the COVID-19 crisis....
Following Endologix’s announcement that it has filed for Chapter 11 bankruptcy protection and was purchased by its largest creditor Deerfield Partners who will take the...
The perfusion disposables market in China is expected to grow at a compound annual growth rate (CAGR) of 1.7% and lead the Asia-Pacific (APAC) market...
Nearly one quarter of revenue from aesthetic implants in the US will be lost in 2020 due to the COVID-10 pandemic, as most procedures are...
While the increasing desire to enhance physical appearance and the changing attitudes towards self-image are the main market drivers of China’s aesthetic devices market, technological...
Following reports that the second wave of COVID-19 is almost inevitable towards the winter, the ventilator industry is working with government and third-party partners to...
COVID-19 outbreak presents an opportunity to electronic component manufacturers in India to foray into medical devices market and reduce the country’s import dependency on China,...
Following reports that COVID-19 led to severe shortages of respiratory ventilators globally, the demand of positive airway pressure devices is rising. Prior to the COVID-19...
The short duration of the COVID-19 antibodies throws into doubt the concept of immunity passports for this illness, as those who caught the disease could potentially catch it again. This is...
Following the recent news that LabCorp has launched its neutralizing antibody test for the SARS-CoV-2 virus;Dominic Tong, Medical Device Analyst at GlobalData, a leading data...
Following recent guidance from healthcare regulating agencies to increase available extracorporeal membrane oxygenation (ECMO) devices in hospitals for use as an alternative to ventilators, the...
Following the news that Abbott’s Q1 worldwide sales increased 2.5% despite the negative business impact of COVID-19; Dara Lo, Medical Device Analyst at GlobalData, a leading...
Following reports that people with diabetes are among the most vulnerable to serious complications caused by COVID-19, the demand of continuous glucose monitors (CGM) is...
Following the announcement of Yourgene Health teaming up with international payments company Caxton and immunity passport app Prova; Dara Lo, Medical Device Analyst at GlobalData, a...
Illumina receiving emergency use authorisation (EUA) from the Food and Drug Administration (FDA) for diagnosing COVID-19 using its next generation sequencing (NGS) technology could not...
Easing of lockdown measures, re-opening of outpatient services and gradual increase in the number of surgical procedures performed along with treatment of COVID-19 patients in...
Growing demand for ventilators to treat COVID-19 cases is set to drive South Korea’s ventilators market, which is expected to grow at a compound annual...
Following the Centers for Medicare & Medicaid Services (CMS) announcement that guidelines to resume elective procedures for healthcare systems were released: Kamilla Kan, Medical Analyst at...
Contact tracing is a tried and true strategy for reducing the severity of the COVID-19 pandemic, as demonstrated in many countries such as South Korea...
Following the news that Edwards Lifesciences has received Chinese regulatory approval for its SAPIEN 3 transcatheter heart valve for the treatment of patients suffering from...
Following news that Phosphorus received emergency use authorization (EUA) from the Food and Drug Administration (FDA) for its at-home COVID-19 saliva test; Aliyah Farouk, Medical Device...
The National Medical Products Administration (NMPA) of China has recently expanded the list of medical devices exempted from providing locally generated clinical trial data and...
Following the news that Brain Scientific will be offering a disposable version of its electroencephalogram (EEG) headset, the NeuroCap, in addition to enhanced features; Sheryl Tang,...
Following announcement that Siemens Healthineers is now globally shipping its COVID-19 total antibody test; Azadeh Laffafian PhD, Medical Device Analyst at GlobalData, a leading data and...
Majority of the ophthalmic procedures performed in India are estimated to be delayed, postponed or canceled due to COVID-19, as they are considered to be elective. However,...
Although it is likely that existing ultrasound systems will be repurposed to treat COVID-19 patients, growth is still expected as companies plan to ramp up...
The mammography equipment market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 25.1% from US$0.6bn in 2019 to...
Nearly 83.5% of all the orthopedic procedures performed in the US are estimated to be delayed, postponed or canceled due to COVID-19, as they are considered to...
Estimates suggest that 53.7% of neurological procedures performed in the US are essential procedures, while 46.3% are elective. Procedures that are deemed essential are often related to serious...
Following the announcement that Royal Philips has received 510(k) clearance from the FDA for its wearable biosensor, Philips Biosensor BX100, to monitor confirmed and suspected...
Most of the hernia procedures to be performed in the US will be delayed due to the COVID-19 crisis, with the exception of a minority of symptomatic...
The COVID-19 crisis is not impacting cardiovascular procedures as heavily as it is other therapy areas, since the majority of these procedures are essential, according to GlobalData, a...
Between 70–100% of all the aesthetic procedures performed in the US are estimated to be delayed, postponed or canceled due to COVID-19, as they are considered to...
COVID-19 crisis can be an opportunity for the Indian medical devices manufacturing industry. However, it has resulted in the shortage of workforce and subsequently impacted the demand...
Estimates show that 94.1% of ophthalmic procedures performed in the US are elective, while 5.9% are essential. The top essential procedures include the repair of eyelid lacerations, canthotomy,...
The number of deals announced in the global healthcare sector grew by 0.6% during the week ended May 24, 2020 compared to the previous week,...
The impact of COVID-19 on diagnostic imaging (DI) procedures will not be as severe compared to other therapy areas, such as aesthetics and dental, since only 38.7%...
Following Medtronic Q4 financial results;Azadeh Laffafian, PhD, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “Many segments of the medical...
Non-emergency dental procedures such as alveoloplasty, incision and excision of gums, and the removal or restoration of teeth are mostly elective and will substantially impacted...
The UK is currently building the biggest network of diagnostic labs in British history, and has already shown success in increasing COVID-19 testing capacity with...
Despite facing several challenges such as increasing aging population, Singapore has so far done a commendable job in managing the COVID-19 outbreak. This has been made possible,...
Thailand’s increasing focus on digitalization to integrate and promote the use of technology in the healthcare sector will have a significant and progressive impact, according to GlobalData,...
Following the announcement by Edwards Lifesciences that its Pascal transcatheter valve repair system for treating tricuspid regurgitation (TR) received the European CE mark; Ashley Young, Medical...
India’s recent move to propose an improved regulatory framework under the new Medical Devices (Safety, Effectiveness, and Innovation) Bill will improve the ease of doing business by...
A study conducted by New York University (NYU) indicated that Abbott ID NOW COVID-19 tests are less effective than the Cepheid Xpert Xpress SARS-CoV-2 devices....
Following the news that the US Senate is considering the ‘Opening Up America Again’ act;James Spencer, Data Scientist at GlobalData, a leading data and analytics...
The global pulse oximetry systems market was set to reach US$1.6bn by 2028 growing at a compound annual growth rate (CAGR) of 3.4% prior to the COVID-19...
Pre-COVID-19, the global aortic stent graft market was expected to grow at a compound annual growth rate (CAGR) of 4.5% over the next eight years....
Following the announcement that Spartan Bioscience has recalled its rapid COVID-19 test due to concerns by Health Canada; Azadeh Laffafian PhD, Medical Device Analyst at GlobalData,...
Cerus Endovascular’s secured CE approval for coil-assisted flow diverter Neqstent was a great win for the company, but the path ahead may be slow-going. GlobalData,...
According to GlobalData Jobs Analytics Tool, the number of LabCorp active job postings decreased by 28.9% between February and March 2020. Additionally, LabCorp recently revealed that it...
Throughout March and April, hospitals across the US have been guided by the American College of Surgeons (ASC) and the Centers for Medicare & Medicaid...
The renal dialysis equipment market in India is expected to reach US$225m in 2025. Dialysis accessories (such as blood tubing sets and dialyzers) and dialysis machines (hemodialysis...
While dental device manufacturers focus on navigating the drastic reduction in sales due to COVID-19, dentists in areas of the US have reopened their clinics...
Following reports that some COVID-19 patients are experiencing kidney failure, concerns are growing over the short supply of dialysis machines. While the number of these...
Following the announcement that Stryker’s US orthopedics and spine sales were down approximately 65% in April 2020;Aliyah Farouk, Medical Device Analyst at GlobalData, a leading...
Following the announcement that Dexcom’s Q1 2020 revenue increased by 44% year-over-year;Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and analytics company, offers...
Following the announcement that Abiomed has acquired Breethe, maker of an ECMO system; Azadeh Laffafian PhD, Medical Device Analyst at GlobalData, a leading data and analytics...
Following an announcement by MedTech Europe, requesting the European Commission to delay the implementation of the new In Vitro Diagnostics Regulations (IVDR) by a year; Aliyah...
Samsung Electronics has recently received Software as a Medical Device (SaMD) approval for its over-the-counter and cuffless blood pressure monitoring application ‘Samsung Health Monitor app’ from South...
Following the announcement that SeaStar Medical will initiate a pilot study of aselective cytopheretic device (SCD) in COVID-19 patients; Azadeh Laffafian, Medical Device Analyst at GlobalData,...
Following the news (Wednesday 29 April) about the outcomes of the UK’s initiative on making ventilators;Tina Deng, Senior Medical Devices at GlobalData, a leading data...
With government hospitals handling more COVID-19 testing across the country, private laboratories are facing hurdles such as high operating costs and low testing volumes in India....
The rapid proliferation of COVID-19 has been putting great strain on healthcare systems across the world, with demand for critical medical equipment and supplies mounting....
Following 3M’s Q1 earnings announcement;Azadeh Laffafian, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “3M is the largest player in the...
Following Roche’s announcement that its diagnostics sector increased in sales by 5% during Q1 2020; Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and...
Following the announcement that Abbott Laboratories’ Q1 Diagnostics business revenues slightly declined year-over-year;Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company,...
Following the announcement that LivaNova is modifying product indications for some of its cardiopulmonary devices to include extracorporeal membrane oxygenation (ECMO) therapy greater than six...
The COVID-19 pandemic has resulted in an unprecedented shortage of personal protective equipment (PPE) such as N95 respirators in the US. Leading data and analytics...
Healthcare professionals are one of the most vulnerable groups exposed to infections. Rising number of coronavirus (Covid-19) cases and severe shortage of personal protective equipment (PPE) products across...
Following Medtronic’s announcement on the impact of COVID-19 on its business; Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her...
Following the announcement that AMC Health is launching new telehealth interactive voice response (IVR) monitoring solutions with eviCore healthcare for COVID-19 patients;Azadeh Laffafian, Medical Device...
Following the Food and Drug Administration’s (FDA) authorization of the first COVID-19 diagnostic test with a home-collection option; Aliyah Farouk, Medical Device Analyst at GlobalData, a...
Following the announcement by Phillips to invest $109m to increase the production of ventilators, patient monitors and diagnostic imaging in order to meet the COVID-19...
Following the announcement that the Health and Human Services (HHS) delivered an initial $30bn in relief funding to Medicare providers and suppliers and doubled its...
Ten nurses from the Providence Saint John's Health Center in California were reportedly placed on administrative leave for refusing to treat COVID-19 patients without access...
Following the announcement that French biotech company bioMérieux reports 21.5% Q1 revenue growth;Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company,...
Following the announcement by Sanofi and Luminostics to co-develop a smartphone-based self-testing solution for COVID-19; Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and...
Following the announcement of Baxter to hire 2,000 employees as demand for its medical devices surge;Dara Lo, Medical Device Analyst at GlobalData, a leading data...
Following the announcement that researchers at Massachusetts Institute of Technology (MIT) produced a wireless device that allows healthcare professionals to monitor patients remotely; Aliyah Farouk, Medical...
Following the announcement of Quest, leader in commercial COVID-19 testing in the US, making pay cuts and laying off workers;Dara Lo, Medical Device Analyst at...
Due to the huge shortage of PPE among first responders, healthcare workers and medical staff in the US, it is unlikely that import of KN95 will negatively impact sales of US-made N95 respirators, says GlobalData, a leading data and analytics company. Alison...
Following the announcement of technology giant 3M Co and engine manufacturer Cummins to join forces in the fight against COVID-19;Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “3M Co has ramped up its production of N95 respirators,...
Following the announcement of a COVID-19 test using Sanger sequencing developed by BillionToOne, a precision diagnostics company;Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “BillionToOne’s...
Following today’s news that Trump’s tariffs on China could add to the struggle in fight against the coronavirus in the US; Tina Deng, Senior...
Following the authorization of licensed pharmacists by the US Department of Health and Human Services (HHS) to order and administer coronavirus tests;Dara Lo, Medical Device...
Amid the ongoing COVID-19 pandemic, Keystone Heart secured CE approval for its cerebral embolic protection device, the TriGUARD3. However, GlobalData expects that the company will...
Following the announcement by Myriad Genetics to withdraw financial guidance for fiscal year (FY) 2020 due to the business impact from the COVID-19 pandemic; Dara Lo,...
Following news that Cambridge Respiratory Innovations has teamed with several NHS trusts to supply N-Tidal (capnography) devices in order to help doctors identify when to...
Following the US Food and Drug Administration’s (FDA’s) release for new emergency use authorization (EUA) guidance for laboratory developed coronavirus tests;Dara Lo, Medical Device Analyst...
Following the launch of Bio-Rad Laboratories’ serology assay to detect COVID-19 antibodies; Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and analytics company, offers...
As the number of COVID-19 cases over the next two weeks is expected to peak in many countries, plans to convert hospitals into COVID-19 intensive...
The overwhelming demand for masks and ventilators is forcing governments across the globe to look for alternate manufacturers, says GlobalData, a leading data and analytics company. As tracked by...
Following the announcement that the MicroGenDx has reported fast turnaround times for COVID-19 testing using saliva tests;Dara Lo, Medical Device Analyst at GlobalData, a leading...
Australia is dedicating more government funding towards the establishment of a vibrant clinical trial ecosystem in order to accelerate the design, development, verification and product launch processes of...
Following thenews that the Canadian Association of Interventional Cardiology (CAIC) released new guidelines for cardiology procedures;Ashley Young, Medical Device Analyst at GlobalData, a leading data...
Following the announcement by the European Commission to postpone the new Medical Device Regulation (MDR) by one year in order to prioritize the fight against...
Ventilator shortages are a critical reality as the COVID-19 outbreak continues to worsen globally. According to GlobalData analysis, around 880,000 more ventilators are in demand...
As the number of coronavirus (Covid-19) cases continue to increase in India, AgVa Healthcare with its cost-effective portable ventilator is best placed to capitalize on the growing...
The market share for medical devices meant to treat peripheral vascular diseases, including devices such as PTA balloon catheters, stents, atherectomy devices and vascular grafts...
National Colorectal Cancer (CRC) Awareness Month is an opportunity to raise awareness and prevent future cases of CRC. Currently, the global market value for in-vitro diagnostics (IVD) tests for CRC screening is estimated at $771.25m. This...
Remote patient monitoring (RPM) is accelerating the development and validation of digital biomarkers to help identify patients that are at risk from the coronavirus (COVID-19), supporting...
The UK’s continuous positive airway pressure (CPAP) device market is set to reach $45.5m by 2028, growing at a compound annual growth rate (CAGR) of...
Amid the COVID-19 crisis, the need for N95 respirator masks will surge in the US. According to GlobalData analysis, around 5.6bn N95 respirator masks are in demand due...
Following the news that India-based genetic and microbiome testing company Bione has received approval for its coronavirus (Covid-19) diagnostic test kit from the Indian Council of Medical...
Following the US’ increase in coronavirus (COVID-19) testing capacity; Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her...
President Trump invoked the Defense Production Act yesterday in an attempt to obtain more N95 respirators produced by 3M Co, which are capable of protecting...
Following the launch of Abbott Laboratories’ rapid coronavirus (COVID-19) test;Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “Abbott...
With the demand of key medical items such as ventilators, N95 masks and personal protective equipment (PPE) surging following the rise of the number of coronavirus (Covid-19)...
Prior to the coronavirus (COVID-19) pandemic, the global coronary stent market was worth $5bn in 2019 and was set to grow at a compound annual...
The coronavirus (COVID-19) pandemic has had a dramatic impact on the in vitro diagnostics (IVD) testing market resulting in reagent shortages, new product launches and a host of new pipeline products entering development, says GlobalData, a leading data and analytics company. The current test used...
The insulin pumps and continuous glucose monitors (CGM) market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 4.4%...
The In-Vitro Diagnostic (IVD) analyzers and reagents market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 5.4% from...
Due to the incredibly infectious nature of the coronavirus (COVID-19), many healthcare workers are at a huge risk of infection. This is especially dangerous in...
Following the news that molecular diagnostic company Mylab has received approval for its Covid-19 diagnostic test kits from the Drug Controller General of India (DCGI); Rohit Anand, Medical Devices...
As the coronavirus (COVID-19) pandemic rages on, there is a worry that healthcare systems will be overwhelmed by an influx of patients. In order to...
Anticipating increased demand for personal protective equipment (PPE) products following the rising number of coronavirus (Covid-19) cases, India has recently decided to ban their exports. However, as...
The number of coronavirus (COVID-19) cases in the US has been growing exponentially over the past few weeks and at an average of 41% per...
Approximately 880,000 more ventilators are in demand globally due to the coronavirus (COVID-19) outbreak, according to analysis by leading data and analytics company GlobalData. The US...
Following the news that the the Drug Controller General of India (DCGI) has given license to Roche Diagnostics India to conduct coronavirus tests; Rohit Anand, Medical Devices Analyst at...
Following the cancelation of the 2020 Scientific Session due to the coronavirus (COVID-19), the American College of Cardiology (ACC) has created a virtual three-day scientific...
Thermo Fisher Scientific is expected to produce millions of coronavirus (COVID-19) diagnostic tests following the acquisition of Qiagen for an approximate transaction value of US$11.5bn...
The global capsule endoscopes market is expected to reach $401.4m by 2028, growing at a compound annual growth rate (CAGR) of 4.2%, according to GlobalData, a...
There are more than 160,000 patients undergoing percutaneous coronary interventions to treat cardiogenic shock each year, yet only just fewer than 5,000 are currently treated...
The Indian medical devices industry is heavily dependent on China for raw materials and electronic components. However, as the number of coronavirus (Covid-19) cases continues to rise,...
India’s plan to initiate a phased manufacturing program (PMP) to reduce import dependency will open opportunities to domestic and foreign medical device manufacturers in India, says GlobalData, a...
The dental computer-aided design/computer-aided manufacturing (CAD/CAM) materials market in India is expected to grow at a compound annual growth rate (CAGR) of 14.4% from US$157.7m in 2020...
The bronchoscopes market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 4.9% between 2019 and 2028, according to...
