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GlobalData
GlobalData

Medical Devices

Healthcare collaborations to pave way for enhanced diabetes management in Singapore, says GlobalData

Singapore faces a growing diabetes burden, driven by an aging population, lifestyle changes, and obesity. Traditional management methods such as glucose meters and insulin therapy have limitations, including delayed adjustments in treatment plans and a lack of real-time monitoring, resulting in less effective diabetes control. To bridge these gaps, healthcare providers and technology innovators in […]
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Australia PET imaging systems market to grow at 3.6% CAGR through 2033, forecasts GlobalData

The rising prevalence of chronic diseases, such as cancer and neurological disorders, has driven the demand for advanced diagnostic tools in Australia. Positron Emission Tomography (PET) imaging, renowned for its high-resolution imaging capabilities, plays a vital role in diagnosing oncology, neurology, and cardiology conditions. Several key players are collaborating to deliver precision-focused products for PET […]
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US electrophysiology diagnostic catheter market set to grow at 10% CAGR from 2024 to 2033, forecasts GlobalData

The US electrophysiology (EP) diagnostic catheter market, particularly the segment for advanced EP diagnostic catheters, is projected to experience a robust compound annual growth rate (CAGR) of 10% in market value from 2024 to 2033, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Electrophysiology Diagnostic Catheters Market Size by Segments, Share, Regulatory, Reimbursement, […]
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Australia gastroscopes market poised for 7% CAGR through 2033, forecasts GlobalData

Gastrointestinal (GI) cancers, especially in the stomach, colon, and oesophagus, are a major health challenge, impacting millions globally with severe symptoms like abdominal pain, weight loss, and bleeding. Endoscopes play a critical role in the early diagnosis and treatment of these cancers. As Australia is advancing in adopting innovative diagnostic tools, the gastroscopes market is […]
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Canada viscosupplementation market set to grow at over 7.5% CAGR through 2033, forecasts GlobalData

Osteoarthritis (OA) prevalence is on the rise in Canada, driven significantly by an aging population and increasing obesity rates. In response, viscosupplementation—injecting hyaluronic acid directly into the joints—has become a minimally invasive option to manage OA pain and potentially postpone more intensive interventions, like knee replacement surgery. Consequently, the Canada viscosupplementation market is set to […]
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FDA approval for BioIntelliSense’s patient monitoring system marks significant advancement in RPM market, says GlobalData

BioIntelliSense received approval from the US Food and Drug Administration (FDA) in October 2024 for its BioButton Multi-Patient wearable and BioDashboard system, which are designed to enhance virtual care programs in hospitals and extend monitoring capabilities into the home. The development represents a significant advancement in remote patient monitoring (RPM), a need that became crucial […]
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Blood-based biomarker tests the new frontier for Alzheimer’s diagnosis, says GlobalData

Blood-based tests are emerging as valuable tools for the early detection of Alzheimer’s disease, offering accessible alternatives to PET scans and cerebrospinal fluid (CSF) analysis. With Alzheimer’s disease affecting over 55 million people globally, and cases projected to triple by 2050, advances in diagnostic methods are critical for timely intervention. These tests could make diagnosis […]
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US still faces systemic issues in maternal care despite access to advanced medical technology, says GlobalData

Women’s health, specifically maternal care, is a medical device sector that has seen significant growth in recent years. However, there are still several challenges associated with the sector, especially in the US. The US ranks worse than any other developed nation in cases of maternal mortality, despite having access to the most advanced medical technology, […]
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Future of IVD hinges on three big industry themes, says GlobalData

In vitro diagnostics (IVD) is driving a new age shift in healthcare, fueled by advances in medical technology (medtech). These innovations are revolutionizing how diseases are detected, monitored, and managed. At the recent AdvaMed’s MedTech Conference in Toronto, digital and artificial intelligence (AI) integration, point-of-care (POC) testing, and novel biomarkers were emphasized as important tools […]
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Diabetes Awareness Month shines light on prevention and treatment options, says GlobalData

Diabetes Awareness Month, observed every November, is dedicated to raising awareness about diabetes, promoting education, and advocating for improved care and support for those affected by the condition. This month-long campaign seeks to improve public understanding of diabetes, address common misconceptions, and reduce the stigma often associated with the condition. It also provides a platform […]
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World Stroke Day: Expanding treatment eligibility and access essential to improve stroke outcomes, says GlobalData

World Stroke Day, which is observed on October 29 annually, highlights the urgent need for improved stroke care and prevention. Stroke, a leading cause of death and long-term disability, affects millions each year, with only a small percentage making a full recovery. Improved public awareness, advancements in imaging technology, and treatment innovations such as thrombectomy, […]
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AI integration in medtech could unlock efficiency and enhance patient care, says GlobalData

At the 2024 MedTech Conference in Toronto, Canada, a central theme emerged in discussions on the future of healthcare delivery: the integration of artificial intelligence (AI) to optimize operations and improve patient outcomes. The integration of AI is poised to transform how healthcare professionals work, potentially alleviating physician burnout and creating a more patient-centric experience, […]
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Olympic medallist Fitzpatrick’s journey with atrial fibrillation showcases medtech’s role in sports cardiology, says GlobalData

The 2024 MedTech Conference in Toronto, Canada, featured a compelling patient story from Olympic medallist Connor Fitzpatrick, who recounted his battle with atrial fibrillation (AFib) as a young and highly athletic individual. Involving a permanent treatment with cardiac ablation, his journey with AFib highlights the role of medical technology in sports cardiology, says GlobalData, a […]
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Australia PET imaging agents market to grow at 2% CAGR through 2033, forecasts GlobalData

Prostate cancer is one of the most diagnosed cancers in Australia, making effective diagnostic tools and agents crucial for better patient outcomes. Positron emission tomography (PET) imaging agents, especially those targeting prostate-specific membrane antigen (PSMA), offer a powerful way to detect and monitor prostate cancer at a molecular level. Against this background, the Australian PET […]
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