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GlobalData
GlobalData

Medical Devices

Gastric bands and balloons market to decline to $34.2 million by 2035 amid surge in GLP-1 products, forecasts GlobalData

Rapid uptake of glucagon-like peptide-1 (GLP-1) receptor agonists such as semaglutide, tirzepatide, and liraglutide has coincided with a measurable slowdown in bariatric surgeries in several markets. Gastric bands and balloons are used in a segment of bariatric procedures and were worth an estimated $49.1 million globally in 2025. Amid a surge in GLP-1 products, the […]
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Spain insulin pumps market to grow at 8% CAGR through 2036, forecasts GlobalData

Spain’s insulin pumps market is expected to witness steady growth, driven by the increasing prevalence of type 1 diabetes, growing adoption of advanced diabetes management technologies, and rising demand for automated insulin delivery systems. The shift toward personalized, data-driven diabetes care, supported by continuous glucose monitoring (CGM) integration and smart insulin delivery technologies, is accelerating […]
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Europe digital health market to grow at 6% CAGR through 2035, forecasts GlobalData

The adoption of AI-powered digital health solutions in the treatment of cancer is shaping the oncology landscape by supporting earlier cancer detection and improving diagnostic precision throughout the patient care journey. As these solutions become increasingly integrated into routine clinical practice, they are expected to play a pivotal role in advancing the digital transformation of […]
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Australia CT systems market to grow at 3% CAGR through 2035, forecasts GlobalData

As Australia modernizes healthcare and imaging, pulmonary diagnostics is becoming more accurate, expanding safer imaging options and improving outcomes for conditions such as chronic lung disease. Against this backdrop, Australia’s computed tomography (CT) systems market is projected to expand at a compound annual growth rate (CAGR) of 3% through 2035, forecasts GlobalData, a leading intelligence […]
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Continuous glucose monitoring market in Europe to grow at 4% CAGR through 2036, forecasts GlobalData

Europe’s continuous glucose monitoring (CGM) market is expected to witness steady growth, driven by the increasing prevalence of diabetes, rising adoption of connected diabetes management technologies, and growing demand for real-time glucose monitoring. The integration of CGM with automated insulin delivery (AID) systems is transforming diabetes care by enabling more personalized and data-driven treatment while […]
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South Korea bone grafts and substitutes market to grow at 4% CAGR through 2033, forecasts GlobalData

Driven by the rising incidence of orthopedic disorders, increasing volume of spinal fusion procedures, and growing demand for advanced bone regeneration technologies, South Korea’s bone grafts and substitutes market is expected to witness steady expansion at a CAGR of 4% through 2033. This is further supported by the continued innovation in biologic bone graft materials […]
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Singapore’s rapid IPA nanosensor highlights market potential in gut biomarker diagnostics, says GlobalData

Singapore’s medtech innovation ecosystem continues to demonstrate its strength with the development of a novel fluorescent nanosensor designed to detect indole-3-propionic acid (IPA), a gut microbiome-derived metabolite increasingly studied as a biomarker of gut-related biology and broader health states. Developed by a research collaboration involving National Institute of Education (NIE) NTU, Singapore-MIT Alliance for Research […]
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Penumbra’s THUNDERBOLT approval tests peripheral momentum in high-stakes neurovascular market, says GlobalData

Penumbra has recently received FDA approval and CE mark for its THUNDERBOLT system, the first computer-assisted vacuum therapy (CAVT) for stroke. Having recently reclaimed its US peripheral thrombectomy lead via the Lightning Bolt series, the California-based company faces a distinct challenge translating this momentum into the neurovascular sector, where unique anatomy, higher risks, and stringent […]
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Taiwan neuroendoscopes market to grow at 4% CAGR through 2036, forecasts GlobalData

Taiwan’s neuroendoscopes market is witnessing growth driven by the rising prevalence of neurological disorders, and an aging population along with the increasing adoption of advanced minimally invasive neurosurgical technologies across healthcare systems. Against this backdrop, the neuroendoscopes market in Taiwan is projected to grow at a compound annual growth rate (CAGR) of approximately 4% through […]
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Medtronic to increase share in TAVR market after positive Evolut trial results, says GlobalData

Medtronic has recently announced superior results from a three-year head-to-head study comparing the clinical outcomes of its Evolut and Edwards’ Sapien, the leading devices in the transcatheter aortic valve replacement (TAVR) market. The SMall Annuli Randomized To Evolut or Sapien (SMART) trial was performed on patients with aortic stenosis (AS) and small annulus and determined […]
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Europe Treponema pallidum tests market to grow at 3% CAGR through 2036, forecasts GlobalData

Europe’s Treponema pallidum tests market is expected to witness steady growth, driven by the increasing burden of syphilis, growing concerns around delayed diagnosis, and expanding focus on sexually transmitted infections (STIs) surveillance and early disease detection. The resurgence of syphilis across multiple European countries is reinforcing the need for timely diagnostic interventions, supporting wider adoption […]
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India hip replacement market to grow at 10% CAGR through 2036, forecasts GlobalData

India’s hip replacement devices market is witnessing steady growth, driven by the rising prevalence of osteoarthritis, ageing population, and increasing adoption of advanced orthopaedic technologies to improve clinical outcomes. Against this backdrop, the primary hip replacement devices market in India is anticipated to grow at a compound annual growth rate (CAGR) of approximately 10% through […]
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Japan endoscopy devices market to grow at 4% CAGR through 2036, forecasts GlobalData

Driven by the rising prevalence of gastrointestinal (GI) cancers and increasing demand for minimally invasive treatment options, the adoption of advanced endoscopic technologies continues to grow globally. Reflecting this trend, Japan’s endoscopy market is expected to witness steady expansion at 4% CAGR through 2036, supported by growing preference for minimally invasive interventions and steady technological […]
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Europe continuous glucose monitoring market to grow at 4% CAGR through 2035, forecasts GlobalData

As diabetes continues to affect millions across Europe, the region’s healthcare sector is rapidly shifting towards solutions that improve disease management and patient outcomes. Among the most promising advancements is the growing adoption of continuous glucose monitoring (CGM) devices, a segment set to redefine real-time diabetes care and projected to grow at a compound annual […]
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Pulsed-field ablation catheter market in Europe to grow at 8% CAGR through 2036, forecasts GlobalData

Europe’s pulsed-field ablation (PFA) catheter market is witnessing growth driven by the rising prevalence of cardiac arrhythmias and increasing adoption of advanced minimally invasive ablation technologies across healthcare systems. Against this backdrop, the PFA catheters market in Europe is projected to grow at a compound annual growth rate (CAGR) of approximately 8% through 2036, according […]
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India hemodialysis machines market to grow at 2.3% CAGR through 2036, forecasts GlobalData

Rising demand for access to affordable dialysis technology and reliable renal care equipment in India is increasing interest in domestically manufactured hemodialysis systems that has the potential to improve access and reduce reliance on imports. Against this backdrop, India’s hemodialysis market is projected to expand at a compound annual growth rate (CAGR) of 2.3% through […]
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Europe electrophysiology lab systems market to grow at 6% CAGR through 2036, forecasts GlobalData

Driven by the growth in atrial fibrillation (AF) prevalent cases across Europe, demand is increasing for more advanced electrophysiology (EP) technologies, supported by improved clinical decision-making and increased hospital budgets. Patient needs have been historically underserved, but increased budgets among mostly public hospitals have driven high single-digit growth in new EP system installations. As a […]
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