Medical Devices

US election causes turbulence in insulin pens market

The pricing of insulin became a top issue for the 2020 US election. Unlike other healthcare issues in debate, lowering insulin cost is a point...

20 October, 2020

Johnson and Johnson’s Q3 results bode well for rapid medical device sales recovery in Q4 and into 2021

Following the recent release of Johnson and Johnson’s Q3 2020 financial results; Dominic Tong, Medical Device Analyst at GlobalData, a leading data and analytics company, offers...

19 October, 2020

Republican Party platform offers both advantages and drawbacks to medical device market,

The 2020 US presidential election has garnered heavy political pressure on the fast-tracked approval of a COVID-19 vaccine, where several attempts have been made to block the...

15 October, 2020

APAC neurovascular thrombectomy devices market to witness 6% growth through 2025, forecasts GlobalData

The neurovascular thrombectomy devices market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of about 6% between...

15 October, 2020

COVID-19 pandemic impacting capsule endoscopes market with 12.9% lost revenue expected in 2020

Nearly 13% of revenue from capsule endoscopes will be lost in 2020 due to COVID-19, as many elective surgical procedures have been postponed, says GlobalData,...

12 October, 2020

Indonesia should see COVID-19 pandemic as opportunity to strengthen medical devices sector, says GlobalData

Lack of adequate healthcare infrastructure and dependency on other countries for medical supplies made it difficult for Indonesia to tackle the COVID-19 pandemic effectively. The...

12 October, 2020

Price cap extension on knee implants will drive growth in India

To provide relief to patients undergoing orthopedic surgery requiring knee implants, the National Pharmaceutical Pricing Authority (NPPA) extended the timeline of price cap on these devices by one...

05 October, 2020

Price cap extension on knee implants will drive growth in India, says GlobalData

To provide relief to patients undergoing orthopedic surgery requiring knee implants, the National Pharmaceutical Pricing Authority (NPPA) extended the timeline of price cap on these...

05 October, 2020

The growth of global insulin pen market decelerates to 2.3% in 2020 due to COVID-19

The insulin delivery market has been negatively affected by the major upheavals experienced in diabetic care due to COVID-19. The insulin pen market, which was seeing a compound...

01 October, 2020

Smith & Nephew strengthens presence in global orthopedic market with acquisition of Integra’s Extremity Orthopaedics business

Following the announcement that Smith & Nephew has acquired the Extremity Orthopaedics business of Integra LifeSciences for $240m; Kamilla Kan, Medical Devices Analyst at GlobalData, a...

01 October, 2020

Transcatheter heart valve markets predicted to grow despite second wave of COVID-19, says GlobalData

Even in the face of a second wave of COVID-19, transcatheter heart valve markets will perform strongly in the coming months due to the growing...

30 September, 2020

Uncertain efficacy for contact tracing apps as NHS releases theirs, says GlobalData

After months of setbacks, the NHS COVID-19 contact tracing app was recently released to the public in England and Wales. However, these types of app...

29 September, 2020

COVID-19 pandemic impacting robotic surgical systems market with 7.7% lost revenue expected in 2020

Nearly 8% of revenue from robotic surgical systems will be lost in 2020 due to COVID-19, according to GlobalData, a leading data and analytics company, as many...

24 September, 2020

Abbott’s POC COVID-19 FDA revisions will better capture positive cases

Following the Food and Drug Administration (FDA) revision of emergency use authorization (EUA) for Abbott point-of-care (POC) SARS-CoV-2 test, the Abbott ID NOW COVID-19 test; Dara...

22 September, 2020

TachoSil acquisition gives Corza Health significant foothold in tissue sealants market, says GlobalData

Takeda Pharmaceutical has recently agreed to sell TachoSil Fibrin Sealant Patch to California-based Corza Health for EUR350m (US$413m). The acquisition will provide Corza Health a...

22 September, 2020

Hospitals must look to alternative methods to cope with N95 mask shortages due to COVID-19

Shortages of personal protective equipment (PPE) amid the COVID-19 pandemic has forced medical professionals to reuse N95 masks. According to GlobalData, the COVID-19 outbreak led...

21 September, 2020

Stroke market to experience limited impact despite second wave, says GlobalData

The stroke market is one of the only sectors within the medical device industry that has been showing some stability over the COVID-19 period, and...

18 September, 2020

World Heart Day 2020 to raise awareness surrounding heart health

Described as the WHF’s biggest awareness-raising platform, the World Heart Day campaign aims to inform people around the world about the leading cause of death...

18 September, 2020

Continued surges of COVID-19 may slow recovery progress for medical device manufacturers

At the recent Morgan Stanley Annual Global Health Conference, major players presented on their financial situation amid the COVID-19 pandemic. The recovery for major medical...

18 September, 2020

Antigen testing crucial in fight against COVID-19 in India, says GlobalData

Arresting the rapid surge in COVID-19 cases in India is crucial and one of the important tools to fight the pandemic is increasing the testing...

16 September, 2020

Global orthopedics market to contract by over 20% in 2020 due to COVID-19, says GlobalData

Following reports that elective surgeries being deferred or cancelled during the COVID-19 pandemic, the orthopedic devices market has been highly affected. Against this backdrop, the...

15 September, 2020

Ten million daily COVID-19 tests in the UK can be achieved using saliva tests, says GlobalData

Following the UK announcement to spend £100bn on expanding COVID-19 testing to ten million a day; Dara Lo, Medical Device Analyst at GlobalData, a leading data...

12 September, 2020

As schools open, US ramps up COVID-19 testing, says GlobalData

Following the National Institute of Health’s (NIH) awarding of over $100m to increase COVID-19 testing; James Spencer, Data Scientist at GlobalData, a leading data and analytics...

09 September, 2020

Abbott races ahead to be first manufacturer in peripheral BTK stent market, says GlobalData

Following the news that Abbott began its LIFE-BTK clinical trial to assess the safety and effectiveness of its new Esprit BTK Everolimus Eluting Stent; Sheryl Tang,...

04 September, 2020

Taiwan used crowdsourced data and technology to control COVID-19, says GlobalData

Taiwan’s success in keeping the COVID-19 numbers low compared to other countries has been possible, in part, with the use of technology and crowdsourced data,...

02 September, 2020

Increasing use in home care settings to drive pulse oximeters growth in India, says GlobalData

The necessity to monitor the blood oxygen levels of asymptomatic and mildly symptomatic COVID-19 patients undergoing home isolation and proactive use by the common public...

01 September, 2020

As schools open, COVID may spread amongst children, says GlobalData

Following the news that some schools are beginning to reopen their in-person classes in the US; James Spencer, Data Scientist at GlobalData, a leading data and...

31 August, 2020

Medtronic’s performance indicates strong growth of CGM market, says GlobalData

Following the announcement that Medtronic’s last quarter continuous glucose monitors (CGM) business kept growing positively while its overall diabetes segments saw a decline of 5.1%;...

30 August, 2020

Convalescent plasma EUA an important step towards COVID-19 treatment, says GlobalData

Following news that the United States Health and Human Services (HHS) received emergency use authorisation (EUA) from the Food and Drug Administration (FDA) for treating...

24 August, 2020

RapidAI software could accelerate growth of thrombectomy procedures following FDA approval, says GlobalData

RapidAI recently received FDA clearance for its large vessel occlusion (LVO) detection software, which is claimed to identify suspected LVOs in as few as three...

23 August, 2020

Abbott’s FDA approval for ICD and CRT-D places company in advantageous position over competitors

Abbott won FDA approval in July for its next-generation Gallant implantable cardioverter-defibrillator (ICD) and cardiac resynchronization therapy defibrillator (CRT-D) devices, which was equipped with Bluetooth...

19 August, 2020

COVID-19 to accelerate digital health adoption in South Korea, says GlobalData

South Korea is one of the few countries that has managed to contain the COVID-19 pandemic without imposing any serious restrictions on domestic and international...

17 August, 2020

Changes to coverage policies for ventricular assist devices will impact heart failure device market, says GlobalData

The Centers for Medicare & Medicaid Services (CMS) in the US has issued a statement indicating their proposal to increase access to ventricular access devices...

15 August, 2020

Thermo Fisher’s failed Qiagen acquisition will not significantly affect its future growth

Following the collapse of Thermo Fisher Scientific’s $11.5bn takeover of Qiagen; Brian Hicks, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers his view: “As...

14 August, 2020

Wearable tech market set to grow 137% by 2024 but smartwatches to see a 10% decline in revenue this year due to shipment delays and tighter consumer wallets, says GlobalData

Wearables have seen significant growth in the medical market over the past several years due to their potential to address spiraling healthcare costs, aging populations,...

13 August, 2020

Guardant Health expected to see continued revenue as EGFR test a much-needed boon for NSCLC space, says GlobalData

Following the FDA’s approval of Guardant Health’s liquid biopsy comprehensive tumor mutation profiling across all solid cancers; Dara Lo, Medical Device Analyst at GlobalData, a leading...

13 August, 2020

Dental markets need safety innovations to accelerate recovery

Following recent news that Dentsply Sirona reported a Q2 net sales decline of 51.4% compared to Q2 2019; Dominic Tong, Medical Device Analyst at GlobalData, a...

12 August, 2020

ResMed benefits from rising ventilator market, which sees forecast upwards adjustment of $3.8bn, says GlobalData

Following ResMed’s fiscal fourth quarter revenue report: Kamilla Kan, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view on the recent...

11 August, 2020

COVID-19 pandemic severely impacting US reversible contraceptive devices market with 28.9% lost revenue expected in 2020, says GlobalData

Nearly 30% of revenue from reversible contraceptive devices in the US will be lost in 2020 due to COVID-19, as many procedures have been postponed...

10 August, 2020

FDA multiple-function device products update particularly affects telehealth, says GlobalData

Following Food and Drug Administration (FDA) announcement that guidelines on multiple-function devices were finalized; Kamilla Kan, Medical Device Analyst at GlobalData, a leading data and analytics...

07 August, 2020

Neurology market hit hard in Q2 and will struggle to recover if lockdowns return in second wave, says GlobalData

Following the release of Q2 earnings from major manufacturers in the neurology space; Sheryl Tang, Medical Devices Analyst at GlobalData, a leading data and analytics company,...

06 August, 2020

Expanding allowed procedures for ASCs will lead to strongly performing healthcare environment in pandemic-stricken world, says GlobalData

Following several proposed changes to the CMS’ reimbursement schemes, healthcare in America may be becoming more decentralized in the future. James Spencer, Data Scientist at GlobalData,...

05 August, 2020

China’s ventilators market to grow at CAGR of 7.1% between 2019 and 2030, forecasts GlobalData

The ventilators market in China is expected to grow at a compound annual growth rate (CAGR) of 7.1% between 2019 and 2030, according to GlobalData,...

05 August, 2020

COVID-19 to impact elective cardiovascular procedures in Australia, says GlobalData

The number of cardiovascular procedures performed in Australia is expected to go down in 2020 compared to 2019 due to the COVID-19. The pandemic will...

05 August, 2020

Siemens Healthineers-Varian deal will create a world leader in oncology solutions, says GlobalData

Following the recent announcement that Siemens Healthineers will acquire Varian Medical Systems; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his...

03 August, 2020

Quidel’s revenues will continue to climb in 2020

Following the release of Quidel’s Q2 2020 results; Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “Quidel has risen...

31 July, 2020

Spinal fusion market gradually recovers from COVID-19 pandemic

The spinal fusion market has been severely affected by the COVID-19 pandemic. Leading data and analytics company GlobalData forecast the spinal fusion market will decline...

31 July, 2020

Lack of spending on healthcare infrastructure to hurt medical devices market growth in India, says GlobalData

The ongoing COVID-19 pandemic has brought focus on the continued lack of medical investment and healthcare infrastructure in India, says GlobalData, a leading data and...

31 July, 2020

US is rebounding quickly and Medtech will be quick to recover, says GlobalData

Following the recent quarterly earnings reports for multiple US Medtech companies; James Spencer, Data Scientist at GlobalData, a leading data and analytics company, offers his view...

29 July, 2020

Transcatheter heart valve replacement market expected to execute a miraculous recovery, says GlobalData

Following Edwards Lifesciences’ announcement of an expected 5% growth for its transcatheter aortic valve replacement (TAVR) business, GlobalData observes hopeful signs of resiliency in the...

29 July, 2020

Asymptomatic testing will be key in next phase of pandemic

Following the news LabCorp’s COVID-19 test received the first food and drug administration (FDA) emergency use authorization (EUA) for use in screening asymptomatic subjects; Aliyah Farouk,...

28 July, 2020

PanSeer blood test likely to propel within cancer diagnostic market, says GlobalData

The development of PanSeer will undoubtedly boost the cancer diagnostic market, as the blood test will not only attract patients already exhibiting symptoms of various...

28 July, 2020

Tasso well-positioned for the future with at-home blood collection device, says GlobalData

Following the news that Tasso has raised $17m in funding to scale up manufacturing of its OnDemand line of at-home blood collection devices;Dominic Tong, Medical...

25 July, 2020

Sample pooling to accelerate COVID-19 testing, says GlobalData

Following the news that Quest Diagnostics received emergency use authorization (EUA) from the Food and Drug Administration (FDA) for its sample pooling-based COVID-19 test; Brian Hicks,...

20 July, 2020

Abbott Laboratories feels optimistic about recovery in cardiovascular device market amid major losses halfway through 2020, says GlobalData

Following the news that procedure volumes with Abbott Laboratories’ cardiovascular devices have recovered to approximately 90% of pre-COVID-19 volumes;Richard Hyde, Medical Analyst at GlobalData, a...

20 July, 2020

US hospitals alone purchase $94m PPE in H1 2020 – GlobalData considers latest N95 mask prototype developed by Boston researchers

In the first half of 2020, hospitals in US alone have purchased $94m of PPE, according to GlobalData, a leading data and analytics company. Additionally,...

19 July, 2020

Abbott Laboratories’ results show COVID-19 impact on certain medical device markets

Following the release of Abbott Laboratories Q2 2020 earnings results; Ashley Young, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “While...

17 July, 2020

Hematology testing can be potential diagnostic biomarker in predicting severity of COVID-19 in India, says GlobalData

With the rapid increase in the number of COVID-19 cases across India, identifying the critically ill COVID-19 patients in the early stage of infection can...

17 July, 2020

With world’s most affordable COVID-19 test kit launch, India to focus on medical devices exports, says GlobalData

Following the news that the Indian Institute of Technology (IIT) Delhi has launched a low-cost COVID-19 diagnostic kit under the name Corosure; Rohit Anand, Medical Devices...

17 July, 2020

Smith & Nephew to be key player in robotics surgery market with hand-held robotic platform

Following the launch of Smith & Nephew’s new hand-held robotic platform for knee replacement surgery; Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and...

16 July, 2020

SyntheticMR’s SyMRI NEURO could boost MRI’s position in becoming COVID-19 diagnostic tool

Following the recent news that SyntheticMR will make SyMRI NEURO, its leading magnetic resonance imaging (MRI) solution, available for institutions that wish to scan COVID-19...

16 July, 2020

Telemedicine industry set to reach $20bn by 2024

Following the recent proposition from the Centers for Medicare & Medicaid Services (CMS) to loosen restrictions on home health providers’ use of telehealth permanently after...

15 July, 2020

Developing disposable components for flexible video colonoscopes important in light of COVID-19 pandemic, says GlobalData

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...

14 July, 2020

Wearable contact-tracing devices surge during COVID-19 pandemic, says GlobalData

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...

13 July, 2020

COVID-19 increases demand for remote functionality in implantable loop recorder devices, says GlobalData

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...

10 July, 2020

Japan to become part of India’s future achievements in medical devices sector, says GlobalData

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....

09 July, 2020

COVID-19 continues to impact smaller companies as Endologix files for bankruptcy

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...

07 July, 2020

China to lead APAC perfusion disposables market between 2019 and 2030, says GlobalData

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...

07 July, 2020

COVID-19 pandemic severely impacting aesthetic implant market, says GlobalData

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...

06 July, 2020

Social media and interactive smartphone-based applications transforming aesthetics market in China, says GlobalData

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...

06 July, 2020

Ventilator industry gears up for second wave of COVID-19 outbreaks, says GlobalData

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...

05 July, 2020

Influx of electronic component makers into medical devices market will reduce India’s import dependency on China, says GlobalData

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,...

03 July, 2020

Positive airway pressure devices market to reach US$2.2bn during COVID-19 pandemic, says GlobalData

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...

02 July, 2020

LabCorp’s new antibody test promises COVID-19 discoveries while showing much still to be learned

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...

27 June, 2020

Bridge to heart transplant falls short for patients on ECMO highlighting areas of improvement

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...

24 June, 2020

Abbott’s revenue growth to continue during COVID-19 thanks to diabetes care device, says GlobalData

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...

24 June, 2020

Need of better glycemic control during COVID-19 fuels the continuous glucose monitors market, says GlobalData

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...

21 June, 2020

COVID-19 Immunity Passports are a misnomer, says GlobalData

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...

21 June, 2020

Accelerated testing for COVID-19 slowly becoming a reality with NGS technology, says GlobalData

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...

20 June, 2020

Hospital supplies market in India to witness significant growth over next few quarters, says GlobalData

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...

19 June, 2020

Royal Philips obstetrics monitoring product part of shifting landscape to remote monitoring technologies

Following the recent news that Royal Philips has launched its Avalon CL Fetal and Maternal Pod and Patch obstetrics monitoring solution for high-risk expectant mothers; Dominic...

18 June, 2020

COVID-19 to drive ventilators market in South Korea to US$50m by 2030, forecasts GlobalData

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...

18 June, 2020

Guidelines for non-emergency elective procedures are released

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...

12 June, 2020

US should have clear COVID-19 testing strategy before re-opening the economy

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...

11 June, 2020

Sapien 3 approval in China fuels growth for Edwards Lifesciences amid COVID-19 pandemic, says GlobalData

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...

11 June, 2020

Direct-to-consumer at-home COVID-19 tests to shift diagnostic testing landscape

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...

09 June, 2020

Use of real-world data for medical device approval significantly reduces time to market in China, says GlobalData

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...

08 June, 2020

Neurodiagnostic companies offering one-time use products will experience faster recovery amid pandemic

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,...

05 June, 2020

Siemens Healthineers hopes to answer global demand for COVID-19 antibody tests

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...

05 June, 2020

India’s vision care devices market to rebound in coming months, says GlobalData

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,...

05 June, 2020

Ultrasound systems market to outpace other imaging modalities for COVID-19 diagnostics, says GlobalData

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...

04 June, 2020

Mammography equipment market in APAC to grow at robust CAGR of 25.1% between 2019 and 2028, forecasts GlobalData

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...

04 June, 2020

COVID-19 to impact orthopedic procedures in US during 2020, says GlobalData

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...

02 June, 2020

COVID-19 to impact neurological procedures in US in 2020, says GlobalData

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...

01 June, 2020

Philips Biosensor BX100 to monitor suspected and confirmed COVID-19 patients

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...

01 June, 2020

COVID-19 to impact general surgery procedures in US in 2020, says GlobalData

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...

01 June, 2020

COVID-19 not impacting cardiovascular procedures as heavily as it is other therapy areas, says GlobalData

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...

01 June, 2020

Nearly all aesthetic procedures in US are estimated to be delayed due to COVID-19, says GlobalData

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...

29 May, 2020

India should encourage automation and robotics to overcome workforce shortage in medical devices manufacturing industry, says GlobalData

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...

29 May, 2020

Ophthalmic procedures in the US expected to take a hit due to COVID-19, says GlobalData

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,...

28 May, 2020

Impact of COVID-19 on diagnostic imaging procedures in US will not be as severe compared to other therapy areas, says GlobalData

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%...

28 May, 2020

Medtronic’s gains in respiratory business not enough to prevent losses in revenues due to COVID-19

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...

22 May, 2020

COVID-19 has impacted dental procedures in the US

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...

21 May, 2020

Healthcare sector witnessed 6.8% decline in deal activity during week ended May 17

The number of deals announced in the global healthcare sector (including pharmaceuticals and medical equipment) declined by 6.8% during the week ended May 17, 2020...

21 May, 2020

UK to successfully increase COVID-19 testing capacity with multi-pronged approach

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...

21 May, 2020

Digital transformation helping Singapore to tackle COVID-19, says GlobalData

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,...

21 May, 2020

Thailand’s focus to promote use of technology in healthcare will have significant impact, says GlobalData

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,...

20 May, 2020

Edwards Lifesciences Pascal device will be impacted by COVID-19 pandemic

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...

19 May, 2020

Medical Devices Bill to offer an improved regulatory framework for doing business in India, says GlobalData

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...

15 May, 2020

Cepheid Xpert Xpress SARS-CoV-2 likely to continue to outperform Abbott ID NOW COVID-19 on US market

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....

14 May, 2020

US should equip citizens with PPE to lessen COVID-19 second wave if economy re-opens

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...

13 May, 2020

Over-the-counter purchasing of pulse oximeters expected to increase due to COVID-19, says GlobalData

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...

12 May, 2020

Aortic stent graft market likely to be negatively impacted by COVID-19 pandemic

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....

12 May, 2020

Spartan’s COVID-19 test recall illustrates challenges of rapid medical device approval

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,...

12 May, 2020

Despite being an active leader in COVID-19 testing, LabCorp’s Job postings have decreased

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...

10 May, 2020

Elective procedure postponements will provide needed revenue for hospitals

Throughout March and April, hospitals across the US have been guided by the American College of Surgeons (ASC) and the Centers for Medicare & Medicaid...

09 May, 2020

Renal dialysis equipment market in India to reach US$225m in 2025, says GlobalData

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...

08 May, 2020

Utah leads US in reopening dental clinics, could make or break the dental device industry for 2020

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...

04 May, 2020

Renal dialysis equipment market will be fuelled by COVID-19 related equipment shortages

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...

04 May, 2020

Stryker’s US orthopedics and spines sales take big hit but will see a turnaround as pandemic recedes

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...

03 May, 2020

Dexcom expected to hold position as CGM market leader after exceeding expectations with Q1 results

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...

02 May, 2020

Abiomed adds ECMO to its product portfolio, potentially treating COVID-19 patients

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...

01 May, 2020

IVDR delay unlikely as quality of new diagnostic devices become compromised

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...

01 May, 2020

Samsung Health Monitor app may disrupt South Korea’s blood pressure monitors market, says GlobalData

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...

01 May, 2020

UK cancelling ventilator projects signifies decreasing demand due to COVID-19

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...

30 April, 2020

India needs to address challenges faced by private laboratories amid high COVID-19 costs, says GlobalData

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....

30 April, 2020

The 3D Printing industry has answered the call to arms in the fight against COVID-19, says GlobalData

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....

29 April, 2020

3M exceeds expectations despite mixed impact of COVID-19, says GlobalData

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...

29 April, 2020

Sales from COVID-19 tests will fuel growth of Roche’s diagnostics sector

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...

28 April, 2020

Abbott down 1% in diagnostic revenues but may rally in Q2 with significant number of COVID-19 tests, says GlobalData

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,...

27 April, 2020

LivaNova helps fill demand for ECMO devices to address COVID-19 in the US

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...

27 April, 2020

Price increases for N95 respirators in February 2020 exhibited substantial differences between manufacturers

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...

27 April, 2020

Personal protective equipment shortage to drive adoption of robots to treat Covid-19 patients in India, says GlobalData

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...

27 April, 2020

Medtronic’s minimally invasive business to exhibit slow growth despite high demand for ventilators

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...

24 April, 2020

AMC Health announces new telehealth IVR solutions for COVID-19 patients amid growing demand for virtual healthcare

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...

24 April, 2020

Philips connected care business expected to grow despite COVID-19 affecting Q1 revenue

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...

22 April, 2020

Medicare $100bn expected to relieve financial burden on providers and incentivize high-throughput coronavirus testing, says GlobalData

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...

21 April, 2020

FDA takes even more measures to ease burden on N95 manufacturers

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...

21 April, 2020

bioMérieux revenue expected to continue growth due to COVID-19 respiratory panel test currently in development

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,...

20 April, 2020

Sanofi and Luminostics’ smartphone-based test will disrupt the COVID-19 diagnostics market

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...

20 April, 2020

Baxter Q1 earnings expected to increase due to manufacturing of renal devices for COVID-19 patients

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...

20 April, 2020

Remote patient monitoring is vital in decreasing COVID-19 hospital demand

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...

20 April, 2020

Quest Diagnostics expected to experience decrease in revenue despite being commercial leader in COVID-19 testing

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...

17 April, 2020

Exports of N95 and KN95 from China to ease burden on US manufacturers

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...

16 April, 2020

3M and Cummins just one of the cross-industry partnerships needed to address equipment shortages

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,...

16 April, 2020

BillionToOne’s Sanger sequencing test is great tool in US’ arsenal against COVID-19 but may not scale well

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...

15 April, 2020

Domestic manufacturing of medical devices trending due to COVID-19 pandemic, says GlobalData

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...

13 April, 2020

Pharmacists authorized to administer coronavirus tests is not the relief the testing chain needs, says GlobalData

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...

11 April, 2020

Keystone Heart may experience rocky start despite receiving CE mark amid COVID-19 pandemic, says GlobalData

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...

10 April, 2020

Myriad FY2020 revenues not expected to recover during COVID-19 pandemic, says GlobalData

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,...

09 April, 2020

Cambridge Respiratory Innovations to become vital player in capnography market, says GlobalData

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...

09 April, 2020

FDA’s new EUA guidance will make it easier for more coronavirus tests to enter market, says GlobalData

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...

09 April, 2020

Medical device companies to strengthen serology testing portfolios to help combat the spread of COVID-19

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...

09 April, 2020

Healthcare staff and non-COVID patients will benefit from conversion of hospitals to COVID-19 ICUs, says GlobalData

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...

08 April, 2020

Non-medical companies respond to mask and ventilator manufacturing appeals amidst shortage, says GlobalData

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...

08 April, 2020

MicroGenDx provides faster turnaround times using first-ever coronavirus saliva test, says GlobalData

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...

08 April, 2020

Australia’s commitment to invest in vibrant clinical trial ecosystem will benefit medical device industry, says GlobalData

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...

08 April, 2020

Large number of TAVR procedures need to be delayed due to CAIC’s new guidelines for TAVR practice, says GlobalData

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...

07 April, 2020

European Commission postponing MDR due to COVID-19 will ease the pressure on many companies

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...

07 April, 2020

880,000 global ventilator shortage can only be met by new simple design requiring minimal operator training time, says GlobalData

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...

07 April, 2020

AgVa Healthcare best placed to capitalize on growing demand for ventilators in India, says GlobalData

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...

07 April, 2020

Coronavirus pandemic likely to reduce volume of peripheral vascular procedures

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...

06 April, 2020

Colorectal cancer screening tests market to surpass $2bn by 2028, says GlobalData

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...

06 April, 2020

Digital biomarkers emerging as important predictive tools to support global COVID-19 pandemic, says GlobalData

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...

06 April, 2020

UK CPAP device production to increase as a result of COVID-19, says GlobalData

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...

06 April, 2020

5.6bn N95 respirator masks in demand in the US, says GlobalData

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...

06 April, 2020

Bione rapid home screening test kit a major breakthrough in fight against Covid-19, says GlobalData

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...

06 April, 2020

Despite US expanding coronavirus testing to 100,000 each day, lab testing expected to face serious roadblocks, says GlobalData

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...

03 April, 2020

US may not be able to purchase more N95 respirators from 3M Co, says GlobalData

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...

03 April, 2020

Abbott stock soars with release of five-minute coronavirus test, says GlobalData

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...

03 April, 2020

Rapid diagnostic tests to greatly increase testing capacity for diagnosing COVID-19

There is a current worldwide lack of testing capacity for the novel coronavirus (COVID-19) outbreak. The frontline response for diagnosing COVID-19 has been polymerase chain reaction (PCR) testing. Although PCR is the go-to test for diagnosing an...

03 April, 2020

Sales of N95 respirators in US healthcare institutions doubled between Dec 2019 and Jan 2020, says GlobalData

Heightened demand for N95 respirators means that product counterfeiting, faulty stock, and price gouging are ongoing issues, says GlobalData, a leading data and analytics company. Alison...

03 April, 2020

India to import key medical products from China to control Covid-19 outbreak, says GlobalData

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)...

02 April, 2020

Coronavirus pandemic will impact the coronary stent market in affected regions

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...

01 April, 2020

Pipeline in vitro diagnostic products for coronavirus shifts towards point of care and rapid diagnostics

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...

01 April, 2020

Insulin pumps and CGM market in APAC to grow at CAGR of 4.4% between 2019 and 2028, says GlobalData

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%...

01 April, 2020

IVD analyzers and reagents market in APAC to exceed $2.5bn by 2025, says GlobalData

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...

31 March, 2020

Remote consultation will have lasting impact on remote patient-monitoring sector, says GlobalData

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...

30 March, 2020

With Mylab Covid-19 test kits approval India looks to expand testing criteria, says GlobalData

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...

30 March, 2020

Up to 30% of elective surgeries could be canceled due to coronavirus

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...

27 March, 2020

India needs to step up production of personal protective equipment to avert supply disruptions amid Covid-19 outbreak, says GlobalData

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...

27 March, 2020

Close to 12,000 coronavirus US patients could require ECMO by early April

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...

25 March, 2020

Non-invasive prenatal testing is expected to total $472.2m by 2028, disrupting the prenatal screening market

The global market value for non-invasive prenatal testing (NIPT), estimated at USD$433.7m in 2019, is expected to increase at a Compound Annual Growth Rate (CAGR) of 0.95%, reaching USD$472.2 by 2028. This increase is driven through the procedures greater safety, sensitivity, and...

24 March, 2020

Ventilator crisis during coronavirus outbreak as over 880,000 are needed

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...

23 March, 2020

With Roche Diagnostics coronavirus test approval India looks to delay progression to next stage, says GlobalData

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...

20 March, 2020

ACC’s virtual scientific session may limit impact of COVID-19 pandemic on cardiovascular research and market

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...

19 March, 2020

Thermo Fisher to be key player in COVID-19 diagnostic tests following acquisition of Qiagen

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...

19 March, 2020

Global capsule endoscopes market set to reach $401.4m by 2028

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...

16 March, 2020

US percutaneous ventricular assist device market expected to grow at a CAGR of 11.6% by 2028, says GlobalData

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...

11 March, 2020

Coronavirus to impact import-dependent medical devices industry in India, says GlobalData

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,...

09 March, 2020

Phased manufacturing program will open opportunities for domestic and foreign medical device makers in India, says GlobalData

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...

04 March, 2020

Dental CAD/CAM materials market in India poised for 14.4% growth in next five years, says GlobalData

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...

02 March, 2020

Bronchoscopes market in APAC to grow at CAGR of 4.9% between 2019 and 2028, says GlobalData

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...

25 February, 2020

Positive airway pressure devices market to reach $3.5bn by 2028 driven by home non-invasive ventilation

Global market value for positive airway pressure (PAP) devices, currently estimated at $1.8bn, is expected to expand to $3.5bn by 2028, at a compound annual...

20 February, 2020

Nuclear imaging equipment market in APAC to grow at CAGR of 8.9% between 2019 and 2028, says GlobalData

The nuclear imaging equipment market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 8.9% from US$0.7bn in 2019...

14 February, 2020

Level playing field is important for domestic medical device makers to compete with multinational companies in India, says GlobalData

A level playing field is important for domestic medical device manufacturers in India to compete with multinational companies, which have strong financial and technological capabilities, says GlobalData,...

13 February, 2020

Abbott Joins Medtronic in implantation of LVADs via less invasive approach

With National Wear Red Day approaching on February 7, 2020, leading data and analytics company GlobalData highlights that the prevalence of heart failure is growing...

04 February, 2020

Brexit deal with EU will impact development of medical devices in UK

In the event of a free trade agreement with the EU, the UK will continue to be bound by current EU laws, thereby adhering to the new Medical Device Regulation (MDR). This will significantly change the landscape of the medical device industry, says GlobalData, a leading data...

03 February, 2020

India’s electronic health record market set to grow at a CAGR of 5% through 2025, driven by adoption of digital health, says GlobalData

The Indian electronic health records (EHRs) market, which accounted for approximately 9% of the Asia-Pacific (APAC) EHR market in 2018, is expected to grow at...

16 August, 2019