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GlobalData
GlobalData

Medical Devices

Direct-to-watch integration to strengthen Dexcom’s position in wearable health technology, says GlobalData

The COVID-19 pandemic has acted as a catalyst for the rapid implementation and development of wearable technology in the medical market. Wearable technologies, such as smartwatches and medical-grade wearables, have emerged as indispensable tools for remotely tracking glucose levels and managing diabetes. Following the wearable trend in medical, the recent update enables Apple Watch users […]
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Rising diabetes rates and technology advancements to drive diabetes device market growth, says GlobalData

The global market for continuous glucose monitors (CGMs) is poised for rapid growth, driven by the increasing prevalence of diabetes and advancements in medical technology. The International Diabetes Federation (IDF) forecasts that the global diabetes population will reach 643 million by 2030, with North America experiencing significant increases. This increase in diabetes rates, coupled with […]
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Microbot Medical and Boston Hospital collaboration holds potential to transform robotic surgeries, says GlobalData

Medical technology company Microbot Medical recently announced a strategic partnership with a prominent Boston Hospital to conduct clinical trials of its revolutionary Liberty Surgical Robot. The partnership signifies a major advancement in the field of surgical robotics. By leveraging advanced technology, this collaboration holds the potential to redefine surgical precision and patient outcomes, setting a […]
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TAVR treatment remains low in bicuspid aortic valve stenosis patients, finds GlobalData

Transcatheter aortic valve replacement (TAVR) has revolutionized the management of aortic valve stenosis (AS), providing a less invasive alternative to traditional surgical aortic valve replacement (SAVR). Initially approved for high-risk surgical patients, TAVR’s indications have expanded to include intermediate and even low-risk patients. However, its application in patients with bicuspid aortic valve (BAV) disease presents […]
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China neurosurgery robotic surgical systems market poised for 12% CAGR through 2033, forecasts GlobalData

China’s healthcare sector is witnessing substantial investment in robotic technologies, driven by an increasing demand for advanced medical solutions. Against this background, China’s neurosurgery robotic surgical systems market is projected to grow at a compound annual growth rate (CAGR) of 12% between 2023 and 2033, according to GlobalData, a leading data and analytics company. GlobalData’s […]
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Next generation sequencers market in India to grow at 11% CAGR through 2033, forecasts GlobalData

Next generation sequencing (NGS) is increasingly being applied in clinical oncology to advance personalized treatment of cancer. Technological advancements are driving a surge in the adoption of NGS in India, enhancing patient care and guiding more accurate and specific screening and targeted therapies. Against this backdrop, India’s next generation sequencers market is expected to grow […]
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GlobalData highlights importance of CMV tests during National Congenital Cytomegalovirus Awareness Month

National Congenital Cytomegalovirus Awareness Month is observed in June every year to raise awareness over cytomegalovirus (CMV), a common virus that typically causes mild or asymptomatic infections in individuals with healthy immune systems. However, when it comes to congenital CMV, the virus can have severe consequences for newborns, including permanent hearing loss, neurodevelopmental delays, and […]
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AI-powered diagnostics in digital healthcare transforming patient safety, says GlobalData

The introduction of artificial intelligence (AI)-powered diagnostic tools demonstrates the medical industry’s shift towards precision medicine approaches. These tools enable a more personalized approach to healthcare by analyzing biological and clinical data using advanced algorithms that account for individual patient characteristics, biomarkers, and disease profiles. Precision medicine exemplifies a larger trend of tailoring therapeutic interventions […]
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Medical manufacturers begin to see positive outcomes from reshoring, says GlobalData

Since 2020, global supply chains have encountered significant disruptions driven by geopolitical conflicts, armed conflicts, climate change, and shifting demographics. These issues have been especially pronounced in the medical devices sector, where the need for resilient supply chains is crucial. The COVID-19 pandemic exposed the vulnerabilities in this sector, causing severe shortages of essential medical […]
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GE Healthcare and Medis partnership will transform non-invasive cardiovascular diagnostics, says GlobalData

GE HealthCare and Medis Medical Imaging have recently announced a partnership to enhance non-invasive coronary assessments. The partnership represents a significant leap forward in the field of cardiovascular diagnostics. It highlights the potential of integrating imaging and software technologies in transforming cardiovascular diagnostics, according to GlobalData, a leading data nd analytics company. GlobalData forecasts the […]
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China renal denervation catheters market to grow at 9% CAGR through 2033, forecasts GlobalData

The prevalence of hypertension has been rising continuously in China, making it a significant health concern. To address this challenge, treatments such as renal denervation systems are emerging as potential solutions, particularly for patients with resistant hypertension. Against this background, the renal denervation catheters market in China is expected to grow at a compound annual […]
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Pulsed field ablation catheters see price increase despite downward pressure in 2024, says GlobalData

Pulsed field ablation (PFA) technology has been spotlighted in recent years, showing promising trends in both clinical adoption and market dynamics. The US market value of Farawave from Boston Scientific almost tripled between February 2024 and March 2024. Unlike the declining trend of the regular electrophysiology devices, the prices of Farawave slightly increased, by 1.2% […]
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