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Heightened disease control protocols left over from the COVID-19 pandemic are paving the way for new Monkeypox in vitro diagnostic (IVD) devices as medical professionals and...
Rune Labs receiving clearance from the US Food and Drug Administration (FDA) to use Apple Watch to track symptoms of Parkinson’s disease is exciting news...
Due to its improvements in procedure times, its safety over existing techniques and its early clinical success, pulsed field ablation (PFA), a new type of...
Investing in augmented reality (AR) is a wise long-term investment for medical device companies, as the global AR market is estimated to be worth $152...
Indian government is making moves towards domestic manufacturing as reliance on foreign imports caused issues during COVID-19 pandemic India was among the top three...
Following a boost in the use of in-vitro diagnostics (IVD) due to COVID-19 testing, the IVD market is now expected to take a fall, according...
Artificial intelligence (AI) is predicted to disrupt the women’s healthcare market in the US, as medical device companies are forecast to spend $500 million on AI platforms by 2024, up from $200 million in 2019, and representing an impressive...
We can expect further artificial intelligence (AI) medical device partnerships in the coming years, according to GlobalData, as the pandemic has accelerated the use of...
Australia’s minimally invasive glaucoma surgery (MIGS) devices market to grow at compound annual growth rate (CAGR) of 9% between 2022 and 2030 Australia is...
India’s Point-of-Care (POC) Analyzers market is expected to be the fastest-growing Analyzers market in the Asia-Pacific region, followed by South Korea and China, and is...
Following the news that the Food and Drug Administration (FDA) is drafting proposed regulations for a new type of hearing aid for people that struggle...
A global shortage of contrast dye used in diagnostic imaging procedures such as CT scans, gastrointestinal imaging, angiograms, and cardiac catheterizations is already impacting the...
With the reuse of costly devices offering significant cost savings to healthcare providers while reducing environmental impacts, reprocessing options for cardiovascular devices are expanding to...
High-powered magnetron technology, developed in India by the Council of Scientific and Industrial Research-Central Electronics Engineering Research Institute Pilani, will revolutionize cancer treatment and provide...
Setting a lower price to enter a competitive market with established brand leaders is a common penetration pricing strategy adopted by many medical device manufacturers. However,...
COVID-19 has done more than hurt our health, it has also damaged our healthcare system, and steps are required to fix it, says GlobalData, a...
The US is set to pass its 2030 goal of colorectal cancer (CRC) screenings by the end of 2022, according to GlobalData, which estimates that...
With the increasing supply chain issues and removal of its banks from the SWIFT International payment system, Russia is looking to collaborate with Indian SMEs...
Mental health (MH) access via insurance providers should be equally easy to access as other medical and surgical treatments. The principle was set into law...
Due to risky sexual behavior and hesitation in disclosing sexual identity, Chinese men who have sex with men (MSM) and transgenders are getting infected with...
With continued surge in COVID-19 cases, the Central Epidemic Command Center (CECC) of Taiwan has announced a ‘new Taiwanese model’, a three-staged procedure, as part...
The Russian medical device market is heavily reliant on imports to meet demand where domestic alternatives are unavailable. Due to their essential nature, medical devices...
The insulin pens (diabetes care devices) market in India is expected to reach around US$400m in 2025, driven by the increasing prevalence of diabetes and...
New artificial intelligence (AI) solutions in the medical devices industry are driving the volume of M&A deals in the sector in 2022, according to GlobalData.Based...
According to a key opinion leader (KOL) interviewed by GlobalData, 52.4%** of pregnancies in the US will be screened using an NIPT* test—a type of...
Mergers and acquisitions (M&As) that have occurred in the Chinese medical device sector have greatly increased during the COVID-19 pandemic. According to GlobalData’s Medical Devices...
The University of Queensland (UQ) in Australia has partnered with the university’s Queensland Brain Institute and Abbott Neuromodulation to develop a remote care platform to...
The execution of new guidelines for the management of breast implant surgeries in Australia to protect the patients from risks that may trigger due to...
To encourage the growth of medical devices manufacturing, India plans to propose a new National Medical Devices Policy 2022. The policy aims to reduce import...
Digital (virtual) twin technology has been so progressing that it now allows for tailored and predictive health treatment in India. The technology develops a virtual...
The expansion of the Marketing Authorization Holder (MAH) Pilot Program released in 2019 had attracted extensive investments in the field of robotic surgical systems in...
Exports of many medical devices in tech-heavy markets—such as diagnostic imaging, ophthalmology, cardiovascular, and patient monitoring devices—are likely to bypass recent tech sanctions imposed on...
The Russian aesthetic devices market is set to contract by 59% in 2022 following the country’s invasion of Ukraine and the global sanctions imposed upon...
With the government and its services considered to be the backbone of the US, it is vital that they protect an institution’s uninterruptible power supply...
Medical device and pharmaceutical companies are taking a similar approach to global retailers by withdrawing their activities from Russia where possible, however they continue to...
The volume-based procurement (VBP) programs in China integrate a larger purchasing volume with a lower price to suppress the inflated prices of high-value medical devices....
The polymerase chain reaction (PCR) systems market in China is expected to grow at a compound annual growth rate (CAGR) of about 10% between 2021...
The new Indian Council of Medical Research (ICMR)- Department of Health Research (DHR) policy on biomedical innovation and entrepreneurship is expected to boost the domestic...
South Korea is expected to be the fastest growing country in the Asia-Pacific (APAC) region for aesthetic injectables market with a compound annual growth rate...
While parts of the world are pushing a message that we should now learn to live with COVID-19, the lasting damage the pandemic has left...
Radiology has always been the first to adopt technology in the medical industry in India. Given how artificial intelligence (AI) and machine learning have influenced...
78% of medical device companies plan to increase ESG investments ESG related factors to drive operational decisions and corporate strategies 70% of ESG executives...
US-based health information technology companies Health in Motion Network and ScriptDrop Inc have partnered to closely integrate their technologies. The partnership will help both the...
The colorectal cancer (CRC) screening market has witnessed significant changes in recent years, driven in large part by the arrival of Exact Science’s Cologuard fecal...
The combination of rising public awareness of successfully achieving pregnancy through assisted reproductive technology (ART) and increased access to fertility clinics globally have resulted in...
The rapid growth of the disposable endoscopes market will most likely cannibalize the growth potential of the reusable endoscopes market. In addition, new product lines...
Following the news from the American Hospital Association of the threats linked to healthcare amid the Russia-Ukraine conflict; James Spencer, Data Scientist at GlobalData, a leading...
60% of respondents expected the marketing of devices to be more difficult as all manufacturers will need to register with the Medicines and Healthcare...
Imagine that you are admitted to hospital. A smart scheduling system ensures you have a bed; you sign in with your doctor using facial recognition...
GlobalData’s Marketplace is now accessible via Snowflake’s cloud data platform, empowering seamless access and direct integration of GlobalData’s intelligence into customer applications and data operations. ...
Driven by government initiatives, technological advancements, aging population, and significantly better healthcare system compared to other large economies, Japan was the second largest diagnostic imaging...
Researchers at the University of Washington have recently developed a blood clotting test that uses one drop of blood and a smartphone. The test uses...
Driven by an established public healthcare system and increase in the incidence of intracranial hemorrhage, and brain tumors, South Korea will become the fastest growing...
With the emergence of diagnosis and medical treatment supported by artificial intelligence (AI) expected to replace the competencies of creativity and ideation in the medical...
The non-invasive stone management procedures such as shock wave lithotripsy and Retrograde ureteropyeloscopic holmium laser lithotripsy have gained global popularity over time. Despite this, the...
The volume-based procurement (VBP) policy of the medical devices market (valued at $45bn in 2021) in China is undergoing a reconstruction phase presently. With an...
The growing elder population and their rising medical needs will continue to drive the global medical device market, says GlobalData, a leading data and analytics...
Following the announcement that Secure Exchange Solutions’ software Direct, Notify, Fetch and Spot have earned Certified status in accordance with HITRUST CSF v9.4 certification criteria*; Kamilla...
The COVID-19 pandemic has been ongoing for several years, and hospitals have faced many hardships as a result. At the beginning of the pandemic, hospitals...
The renal dialysis machine market in Australia is expected to grow at a compound annual growth rate of about 5.5% between 2021 and 2030, driven...
Japan, which was the second largest market for hearing implants in the Asia-Pacific (APAC) region after Australia in 2021, is expected to grow at a...
The minimally invasive spinal (MIS) devices market in China is expected to grow at a compound annual growth rate of about 7% between 2021 and...
The implantable cardioverter defibrillators (ICD) market in India is expected to grow at a compound annual growth rate of 11% between 2021 and 2030, driven...
Medical device contract manufacturing has made a comeback in 2021, according to GlobalData, which notes that merger & acquisition (M&A) deal volume in the sector...
For more than a decade, the healthcare industry has been the largest target for data breaches due to relying on older medical devices that no...
The initial pandemic-induced cancellations of elective procedures in the US between March and April 2020 had devastated its general surgery devices market, as over 50%...
Following the news that US-based neuroscience company Inscopix has announced the launch of a cloud-based platform; Kamilla Kan, Medical Analyst at GlobalData, a leading data and...
The year 2020 was a tumultuous one for the global medical devices market. However, by early 2021, nearly all segments of the market that had...
Ending the pandemic quickly, will rely upon being able to track and trace COVID-19 variants and recognize their different genetic makeup, together with getting a full...
The medical devices market in India is expected to grow at a compound annual growth rate of 7% between 2021 and 2025. Initiatives such as...
As the healthcare industry rushes to adopt new technologies to alleviate the effects of COVID-19, vulnerabilities in existing software and hardware systems which in some...
The knee reconstruction market in India is expected to grow at a compound annual growth rate of about 9% between 2021 and 2030, driven by...
Following the cautionary news from the FDA and ECRI about the possible health hazards of 3D printing, James Spencer, Data Scientist at GlobalData, a leading data...
Growing awareness on healthcare, research centric ecosystem, favorable regulatory scenario under the Smart Nation initiative and the increased need for digital consultations amidst the COVID-19...
The rapid global spread of the Omicron COVID-19 variant is set to re-invigorate PCR testing, which is currently worth $23 billion, according to leading data...
The peripheral vascular stents market in India is expected to grow at a compound annual growth rate (CAGR) of 6% between 2021 and 2030, driven...
Diagnostics that can test for both COVID-19 and flu have quickly replaced tests that indicate for flu alone, according to GlobalData. The leading data and...
The vascular embolization plugs and coils market in Japan is expected to grow at a compound annual growth rate (CAGR) of 3% through 2030, driven...
Court of Appeal Milan announced its decision to fine LivaNova $519 million and holds LivaNova jointly liable for SNIA’s environmental damages. LivaNova’s current cash...
The percutaneous drainage catheters market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 2.5% through 2030,...
The intracranial pressure (ICP) monitoring devices market in Asia-Pacific (APAC) is expected to grow at a compound annual growth rate (CAGR) of 7% between 2021...
The arteriotomy closure devices market in India is expected to grow at a compound annual growth rate (CAGR) of 5.5% between 2020 and 2030, driven...
Following the recent release of Q3 financial information from LivaNova; Alexandra Murdoch, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “LivaNova...
Abiomed demonstrated strong resilience to the first wave of the COVID-19 pandemic Guidance for FY22 was originally set at $990m-$1.03bn, after FY22 Q1 guidance...
Following GE Healthcare's announcement of its third quarter 2021 results; Kamilla Kan, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “GE...
Following the announcement that Stryker’s Q3 2021 orthopedic business revenues were 21.3% higher than 2019 and its organic net sales increased by 2%; Tina Deng, Principal...
Following the release of Q3 2021 financials from Intuitive Surgical; Brian Hicks, Senior Medical Devices Analyst at GlobalData, a leading data and analytics companies, offers his...
Following the release of Q3 2021 financials from BioMérieux and Quest Diagnostics; Chris Onderisin, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers...
The Asia-Pacific (APAC) region is set to account for around 30% of the global implantable loop recorders market in 2021, driven by the growing number...
Surgical robots are designed to solve the limitations currently present in minimally invasive surgeries, as well as to improve outcomes in open surgical procedures. According to GlobalData, a leading data and analytics company, the global surgical robotics market was worth...
Mobile health applications have been increasingly popular since the beginning of the COVID-19 pandemic helping patients stay up-to-date on their health remotely, while also ensuring...
Japan is expected to account for about 25% of the total Asia-Pacific (APAC) thyroid function tests (TSH) market in 2021, driven by aging population and...
Driven by rise in the number of surgical procedures, increasing prevalence of breast cancer and developing healthcare infrastructure, the aesthetic implants market in India is...
The short-term circulatory support devices market in India is expected to grow at a compound annual growth rate (CAGR) of 7% between 2021 and 2030,...
The impact of medical waste resulting from single-use disposable medical devices is concerning. Worldwide over 200 billion personal protective equipment (PPE) were used in hospitals...
Ever since the COVID-19 pandemic began spreading in the US in March/April 2020, firms across industries cut back on their hiring activities or outright froze...
The stretchers and cots market in the Asia-Pacific (APAC) region is expected to reach US$490m in 2025, driven by increasing investments in hospital infrastructure and...
Despite the continuing growth of the global security industry - 6.4% compound annual growth rate (CAGR) between 2019 and 2030, according to GobalData - the...
Singapore medical devices market is expected to witness a strong growth driven by increasing government expenditure on healthcare and rapidly increasing demand for innovative medical...
The Hepatitis B testing market in Australia is expected to grow at a compound annual growth rate (CAGR) of 2% between 2020 and 2025, driven...
Within Canada and the US, the mobile health application market has grown exponentially since the beginning of the COVID-19 pandemic and more start-ups have been...
M&A activity in the medical device industry has been rife in 2021 as companies recover from the pandemic. Q1 saw the highest number of deals...
The idea of a smart hospital has been increasingly discussed in recent months due to a combination of new technologies such as the release of...
Singapore aims to provide smart healthcare to people with the help of novel technologies, which is helping the country to withstand the impact of COVID-19...
The seamless integration of wearable devices and healthcare apps is enabling a world where people can monitor their own health using their mobile phones, according...
The COVID-19 pandemic has prompted a rapid increase in the integration and development of new technologies in the medical industry such as remote patient monitoring...
The cartilage repair market is expected to reach $2bn by 2030 driven by improvements in regenerative medicine, according to GlobalData. The leading data and analytics...
The Asia-Pacific (APAC) assisted reproductive technology (ART) devices market is forecast to grow at a compound annual growth rate (CAGR) of 4.5% and retain its...
The minimally invasive spinal (MIS) devices market in South Korea is expected to grow at a compound annual growth rate (CAGR) of about 11% between...
Worldwide over 600 million IVD tests for Hepatitis B and Hepatitis C screening are sold each year and this annual figure is expected to reach...
The global market values for Ear, Nose and Throat (ENT) devices, which mainly include the hearing implants and speech aid devices, is expected to grow...
The significance of monitoring D-dimer levels in COVID-19 cases during treatment is set to drive the demand for D-dimer tests market in China at a...
Following the recent release of Boston Scientific’s Q2 financial information; Dominic Tong, Senior Medical Device Analyst at GlobalData, a leading data and analytics company, offers his...
The Kirsten rat sarcoma (KRAS) market in Japan is expected to grow at a compound annual growth rate (CAGR) of 12.5% between 2020 and 2025,...
Following the CDC announcement that FDA emergency use authorization (EUA) for its COVID-19 PCR test will be withdrawn at the end of 2021; Dara Lo, Medical...
CARMAT announced plans to launch its artificial heart device, Aeson, in Europe, following CE approval in December 2020 GlobalData currently estimates that CARMAT will...
Following the release of Q2 2021 financials from Abbott; Dara Lo, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers her view: “GlobalData has...
The pacemakers market in South Korea is expected to grow at a compound annual growth rate (CAGR) of about 3% between 2020 and 2025, driven...
Since the COVID-19 pandemic began spreading in earnest in early 2020, physicians have pushed to limit in-person appointments to minimize the risk of disease transmission....
The intracranial stents market in Japan is expected to grow at a compound annual growth rate (CAGR) of about 14% between 2020 and 2025, driven...
Driven by increasing demand due to high prevalence of gastrointestinal disorders, the esophagoscopes and gastroscopes market in Australia is expected to witness a compound annual...
Robotic-assisted knee reconstruction has increased significantly over the past years as robots have become more popular in the operation room. The number of robotic-assisted knee...
China, which accounted for about 45% of the Asia-Pacific (APAC) thyroid function tests market in 2020, is expected to continue to lead the regional market...
Global market revenue for cloud services in medical devices was worth $2bn in 2021. This is expected to grow to $4.4bn by 2024, at a...
Over the last year, healthcare networks largely focused their resources on devices that could be used to diagnose, treat, or otherwise combat COVID-19. MRI scans...
Results for two major clinical trials that were released in May 2021 indicate the future for renal denervation, a treatment for high blood pressure, may...
The necessity to screen and monitor functionality of vital organs, such as the lungs and heart of COVID-19 patients and limiting the exposure of frontline...
The aortic stent grafts market in Australia witnessed a decline in 2020 as patients suffering from COVID-19 took precedence in treatment over others except in...
Driven by increasing demand for access to basic healthcare and government initiatives, the ventilators market in China is expected to exceed US$275m by 2030, forecasts...
The transcatheter aortic valve replacement (TAVR) market in Japan is expected to exceed US$450m in 2025, driven by the increasing prevalence of aortic stenosis in...
The diabetes care devices market was worth over $19bn in 2020, and is expected to grow to $25.4bn by 2025 with a CAGR of 6.5%,...
China, which accounted for about 50% of the oxygenators market in the Asia-Pacific (APAC) region in 2020, is expected to retain this share through 2025,...
The point of care (POC) polymerase chain reaction (PCR) systems market in China is expected to grow at a compound annual growth rate (CAGR) of...
The aesthetic injectables market in Japan is expected to exceed US$150m in 2025, driven by the increasing number of aesthetic fillers procedures due to their...
The global market value for anesthesia and respiratory devices is projected to grow to $20bn in 2025, up from $16.8bn in 2021, according to GlobalData,...
Phoenix Cardiac Devices recently gained regulatory CE mark approval for its basal annuloplasty of the cardiac externally (BACE) device, for treatment of functional mitral regurgitation....
The shoulder replacement devices market in South Korea, which is expected to grow by 15% in 2021 as elective surgeries resume post COVID-19 pandemic, is...
The orthopedic market is set for a rise in acquisitions as companies seek to strengthen their positions, says leading data and analytics company GlobalData. As...
Following the release of Hologic’s and Thermo Fisher Scientific’s quarterly results; James Spencer, Data Scientist at GlobalData, a leading data and analytics company, offers his view...
Following the recent release of Q1 2021 financial information from Integra LifeSciences, Dominic Tong, Medical Device Analyst at GlobalData, a leading data and analytics company,...
The global orthopedic market has lost over $4.8bn in revenue since the outbreak of COVID-19. The market was worth over $48.4bn prior to COVID-19, with...
The global ophthalmic devices viscoelastic devices (OVD) market was valued at $709.1m in 2020 and is set to increase to $1.4bn by 2030 at a...
The extracorporeal membrane oxygenation (ECMO) devices market in Australia grew by 25% between 2019 and 2020 and is expected to grow at a compound annual...
The global intraocular lens (IOL) market was valued at $3.5bn in 2020 and is set to increase at a compound annual growth rate (CAGR) of...
The renal dialysis market in South Korea is expected to grow at a compound annual growth rate (CAGR) of 12.5% between 2020 and 2025, driven...
The trend toward utilizing home care for dialysis patients has been occurring for several years and the COVID-19 crisis has accelerated the rate of adoption....
The Australia surgical sutures market, which witnessed a decline in 2020 due to the COVID-19 pandemic, is expected to rebound in 2021 with the gradual...
The thrombectomy market was estimated to be worth approximately $265m in 2020 in the US and this is expected to grow to $465m in 2025,...
Following the news that the presence of mutated COVID-19 strains in a patient sample can potentially affect the results of diagnostic tests; James Spencer, Data Scientist...
Singapore has turned the COVID-19 pandemic into an opportunity to improve its current healthcare workflow and further expand the healthtech sector by innovating new solutions...
The market for Artificial Intelligence (AI) is set to benefit from the COVID-19 pandemic and the rise in recent investments in AI and machine learning...
Deep vein thrombosis (DVT) occurs in just over 300,000 people per year in the US alone, according to GlobalData, and this number is growing every...
The coronary stents market in South Korea is expected to grow at double digit compound annual growth rate (CAGR) of 11.7% between 2020 and 2025,...
The COVID-19 pandemic forced the healthcare industry to rapidly adopt telehealth, which has left it vulnerable to cyberattacks as the industry had little or no time to ensure all the necessary cybersecurity precautions were in place...
The necessity to screen and monitor diabetes patients is driving the diabetes assays market in Australia. The market, which declined in 2020 due to the...
The implantable ports market in Australia is expected to grow at a compound annual growth rate (CAGR) of about 4% between 2020 and 2025, driven...
With a greater number of patients seeking alternatives to traditional diet and exercise to achieve their ideal body image, there is a rising demand for...
The hearing implants market was worth nearly $1.5bn in 2019 and is expected to grow to $2.1bn by 2028, driven by technical advancements and increasing...
The global market value for cardiovascular devices is projected to grow at a compound annual growth rate (CAGR) of 6% to $62bn by 2025, according...
China is the largest market for interventional cardiology devices in the Asia-Pacific (APAC) region in 2020 and is expected to remain the same through 2025,...
Minimally invasive neurosurgical procedures in Japan have been either delayed or deferred due to the ongoing COVID-19 pandemic. However, the market is expected to rebound...
The Food and Drug Administration’s (FDA) five-part artificial intelligence (AI) / machine learning (ML) based Software as a Medical Device (SaMD) action plan is set...
Japan is the largest market for assisted reproductive technology (ART) devices in the Asia-Pacific (APAC) region in 2020 and is expected to remain the same...
Following the recent release of Q4 financial information and news of a spin-off of the Spine and Dental business segments from Zimmer Biomet; Dominic Tong, Medical...
The human immunodeficiency virus (HIV) tests market in South Korea is forecast to reach a peak market value in 2021 after declining by about 30%...
With National Wear Red Day approaching on February 5, 2021, leading data and analytics company GlobalData highlights that incidence of valvular heart disease remains high,...
In response to the lockdown and social distancing measures enacted to combat the spread of COVID-19, healthcare providers have increasingly adopted the use of remote...
Global market value for orthopedic devices is projected to grow at a compound annual growth rate (CAGR) of 4% to $64bn by 2025, driven by...
The COVID-19 polymerase chain reaction (PCR) tests market in China is forecasted to reach a peak market value of US$2bn in 2022 before demand for...
Much of the global market for pacemakers alone – noted by leading data and analytics company GlobalData to be valued at just under $3bn in...
The global gastric bands and balloons market was valued at $31m in 2020, and is set to decline at a compound annual growth rate (CAGR) of 5.2%,...
Desire to delay pregnancy, increasing late pregnancy related complications and physicians opting for advanced genetic testing for high risk pregnant women during their first trimester...
The COVID-19 pandemic triggered a rapid implementation of new technologies in the medical industry, which prompted an increased amount of cyberattacks on hospitals, health systems...
January is Glaucoma Awareness Month, serving as a reminder that regular eye exams and timely medical treatments are key to preventing further vision loss in...
The advanced wound management market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 7% between 2020...
Oncology tests in India currently have been either delayed or deferred due to the ongoing COVID-19 pandemic. However, the human epidermal growth factor receptor 2...
The US market value for COVID-19 tests is currently estimated to be worth $25.6bn in 2020. This is expected to grow to a value of...
The global endoscopic hemostasis devices market is currently valued at $730m and is set to grow at a compound annual growth rate (CAGR) of 8.5%...
Telemedicine and regulatory changes are two of the stand-out trends that leading data and analytics company GlobalData notes will shape the medical device industry in...
Remote patient monitoring (RPM) is set to benefit from the COVID-19 pandemic and the growing aging population around the world. The global market value for RPM is projected to grow by 18% in the next five years to surpass $645m by 2025, according to GlobalData, a leading...
Following Quidel’s third Food and Drug Administration’s (FDA) emergency use authorization (EUA) of a COVID-19 antigen test; Dara Lo, Medical Device Analyst at GlobalData, a leading...
While transcatheter aortic valve replacement (TAVR) procedures are historically reserved for elderly population, these devices are increasingly being used in younger and younger patients as...
Currently expected to be valued at $590m by the end of 2020, the global endoscopic retrograde cholangiopancreatography (ERCP) and percutaneous transhepatic cholangiography (PTC) devices market...
Driven by the growing number of aesthetic procedures, technological advancements, growing urban population, preference to non-surgical and minimally invasive procedures and better patient outcomes, the...
Preventing the spread of contaminants has become more challenging in COVID-19 era. Against this backdrop, the Asia-Pacific (APAC) sterilization equipment market is expected to grow...
Driven by the growing clinician preference for testing, increasing number of hypothyroidism and hyperthyroidism cases especially among pregnant women, neonates and geriatric population, and growing...
The ear, nose and throat (ENT) medical device market has been significantly impacted by the COVID-19 pandemic, as mass closures of ENT clinics and postponement...
Following the recent release of Q3 financial information from Medtronic; Dominic Tong, Medical Device Analyst at GlobalData, a leading data and analytics company, offers his view: “Medtronic’s...
Medical 3D printing is a fast growing market and growth is expected to continue in the future as the technology is replacing traditional prototype development...
In the medtech industry, the return of elective procedures has sparked a massive surge in demand for robotic systems for the final quarter of 2020....
Following the news that Boston Scientific is immediately retiring its Lotus transcatheter aortic valve replacement (TAVR) programme; Ashley Young, Senior Medical Devices Analyst at GlobalData, a...
While there has been movement within the drug-coated balloon (DCB) market, data and analytics company GlobalData expects that the ongoing COVID-19 pandemic will hinder the...
The use of oxygen concentrators to stabilize the health of the COVID-19 patients with mild breathing problems and other patients with chronic, severe respiratory issues...
The breathing filters and bags market in the Asia-Pacific (APAC) region is expected to reach US$200m in 2030, growing at a compound annual growth rate...
The COVID-19 pandemic has caused rapid adoption, integration and development of artificial intelligence (AI) and machine learning (ML) into the healthcare industry. AI is being...
The number of orthopedic procedures performed in Australia are expected to decline in 2020 compared to 2019 due to the COVID-19. However, the outlook for...
Following Quidel’s recent reporting of Q3 revenue in 2020; James Spencer, Medical Device Analyst at GlobalData, a leading data and analytics company, offers his view: “Quidel's recently reported an...
Following the recent news that Fitbit has received an award from the US Army to continue development of early COVID-19 diagnostic capabilities in its wearables; Dominic Tong, Medical Device Analyst at GlobalData, a leading data...
The COVID-19 pandemic has created a huge demand for respiratory devices, especially mechanical ventilators. Major manufactures’ revenues on their ventilator business are considerably above the...
The rising costs of data breaches and the growing number of attacks to healthcare and other organizations is turning cybersecurity into a mission-critical technology for...
GlobalData, a leading data and analytics company, has found that 57% of industry experts believe that finding a COVID-19 vaccine is an important healthcare issue...
The different stances of the Republican and Democrat parties in terms of the apolitical nature of the Food and Drug Administration (FDA) has come to...
Following the Food and Drug Administration (FDA) approval of Abbott’s next-generation Gallant implantable cardioverter-defibrillator (ICD) in July 2020, the first Gallant ICD was implanted at...
The telemedicine industry has been rapidly expanding during the COVID-19 pandemic and is set to reach $20bn by 2024, according to GlobalData, a leading data...
The future of the Affordable Care Act (ACA) depends on the outcome of the 2020 US election and each outcome will have a distinct impact on medical device markets, says GlobalData, a leading data and analytics company. The Democrat party has stated their support for the ACA and their...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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,...
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...
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...
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%;...
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...
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...
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...
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...
The Centers for Medicare & Medicaid Services (CMS) in the US has issued a statement indicating their proposal to increase access to ventricular access devices...
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...
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,...
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...
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...
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...
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...
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...
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,...
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,...
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,...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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,...
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...
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,...
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...
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...
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...
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...
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...
Following the recent proposition from the Centers for Medicare & Medicaid Services (CMS) to loosen restrictions on home health providers’ use of telehealth permanently after...
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...
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...
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...
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 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 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...
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,...
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 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 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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
Following the news that the World Health Organization (WHO) has declared the new coronavirus outbreak a public health emergency of international concern;Tina Deng, Senior Medical...
The computed tomography (CT) systems market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 15.7% from US$2.1bn in...
Roche has recently received CE approval for its Accu-Chek SugarView blood glucose monitoring app. The approval will allow Roche to market glucose monitoring products aggressively and will...
There are more than 500,000 incident cases of cervical cancer each year, and yet 10% - 20% of women forego regular screening, according to GlobalData,...
The medical devices market in China is expected to grow at a compound annual growth rate of 8.4% from US$46.5bn in 2019 to US$75.5bn by...
Following the news that Japan’s Fujifilm Holdings Corp has agreed to acquire Hitachi Ltd.’s diagnostic imaging business for approximately JPY179bn (US$1.64bn); Rohit Anand, Practice Head...
The Insurance Regulatory Development Authority of India (IRDAI), insurance companies and private hospitals should come together to formulate a policy that addresses the concerns of...
The total number of cosmetic procedures in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 3% between...
Marketed and approved medical marijuana products generated sales of at least $50m across the US, the 5EU*, Canada, Israel and Australia in 2018. The actual...
The prevalent cases of obesity in India are set to increase from 40 million in 2019 to 74 million in 2028. Against this back drop,...
India’s recent draft notification to bring all imported and locally-made medical devices under single regulatory framework and a compensation plan for patients affected by faulty...
The Indian spirometers market is expected to grow at a compound annual growth rate (CAGR) of approximately 5% between 2018 and 2028 due to rise...
The Indian deep brain stimulators (DBS) market, which accounted for approximately 13.6% of the Asia-Pacific DBS market in 2018, is expected to grow at a...
The global duodenoscopes market is expected to grow at a compound annual growth rate of 6.6% from US$270m in 2015 to reach US$616m by 2028,...
The global endoscope market is expected to grow at a compound annual growth rate (CAGR) of 7.4% from US$5.9bn in 2018 to US$9.7bn by 2025,...
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...
