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GlobalData
GlobalData

Medical Devices

GlobalData foresees paradigm shift in neurostimulation as Medtronic’s Percept DBS system attains CE Mark

The recent attainment of the CE mark for Medtronic‘s Percept deep brain stimulation (DBS)  system marks a significant milestone in the field of neurostimulation, driving advancements in tailored therapies. The system’s personalized approach mirrors a broader industry shift, shaping neurostimulation technologies. With a focus beyond traditional neurological disorders, the CE mark propels the market towards […]
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Global partnership deals to foster Singapore AimSG pilot project advancement, says GlobalData

Singapore’s healthcare sector is advancing significantly by incorporating artificial intelligence (AI) into medical practices, marking a notable leap forward. The Advanced and Integrated Manufacturing for Sustainable Growth (AimSG) platform has been instrumental in this expansion, focusing on expediting the validation and deployment of trustworthy AI imaging models within Singapore’s public healthcare institutions. This initiative has […]
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GlobalData predicts $1.1 billion growth in medical device cybersecurity market amid rising threats

The rapid integration of new technology and digital health devices into healthcare systems has revolutionized patient care and diagnostic processes. However, the increased reliance on these devices has also exposed the healthcare industry to cybersecurity threats. According to the recent report, Cybersecurity in Medical Devices, the market for cybersecurity in medical devices is expected to […]
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Microbubbles are revolutionizing ultrasound imaging and personalized medicine, says GlobalData

The ultrasound contrast agents (microbubbles) market is driven by their role in enhancing diagnostic capabilities and revolutionizing treatment methods. The demand for microbubbles will stem from the growing preference for non-invasive procedures, personalized medicine, and innovations in imaging technology – especially in cardiology, oncology, and neurology, where precise imaging is critical for accurate diagnosis and […]
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FDA’s LDT regulation proposal needs to strike balance between safety and innovation, says GlobalData

The US Food and Drug Administration (FDA) has proposed a significant regulatory change, seeking to classify laboratory-developed tests (LDTs) as medical devices. Unveiled in October 2023, the proposal aims to bolster the safety and effectiveness of these tests to safeguard patients. However, opposition from groups like ARUP Laboratories, under the leadership of CEO Andy Theurer, […]
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GlobalData spotlights brain health in women, forecasts Alzheimer’s market to reach $16 billion in 2030

The Women’s Brain Health Initiative (WBHI) is set to host its fifth annual Women’s Brain Health Day on 2 December 2023, advocating for the brain health of women amid a rising Alzheimer’s epidemic. As Alzheimer’s disproportionately affects women, constituting 70% of diagnoses, the event aims to shed light on preventive measures. Emphasizing the vital role […]
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Home-based medical devices will bring fundamental change in elderly healthcare landscape, says GlobalData

The demand for home-based medical devices is driven by an aging population, advancements in technology, and the global shift towards personalized healthcare. From glucose monitors for diabetics to wearable ECG monitors for cardiac patients, the diversity of offerings is expanding rapidly. These devices will fundamentally alter the healthcare landscape of the elderly and play a […]
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Japan sleep apnea equipment market to reach $100 million in 2030, forecasts GlobalData

Owing to increasing occurrences of stress and depression, obesity, long working hours, and high incidences of diabetes, Japan’s market for sleep apnea diagnostic equipment is expected to reach $100 million in 2030, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Sleep Apnea Diagnostic Systems Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base […]
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Robotic surgical systems market in China to grow at 12% CAGR through 2033, forecasts GlobalData

China is experiencing a surge in the adoption of robotic systems across various healthcare domains. As the demand for advanced medical technologies continues to escalate, robotic systems are becoming integral to surgical procedures, diagnostic processes, and patient care. Against this backdrop, the robotic surgical systems market in China is expected to grow at a compound […]
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Masimo’s medical watch regulatory approval to bolster remote patient monitoring space, says GlobalData

In the ever-evolving landscape of healthcare technology, medical smartwatches are emerging as transformative devices that seamlessly integrate health monitoring into our daily lives. One notable development in this space is the recent FDA clearance for Masimo‘s medical watch for both prescription and over-the-counter (OTC) use. The clearance will provide a significant boost to the remote […]
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FDA’s recall of stolen laryngoscopes highlights need for increased vigilance on online healthcare marketplace, says GlobalData

In a recent development, the Food and Drug Administration (FDA) issued a medical device recall, targeting stolen Medtronic laryngoscopes that were illicitly sold on the popular online platform, Facebook Marketplace. This unprecedented move highlights the pressing need for increased vigilance in the realm of online commerce, particularly within the healthcare sector, says GlobalData, a leading […]
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Next-generation sequencing breakthroughs drive personalized medicine into mainstream healthcare, says GlobalData

The landscape of next-generation sequencing (NGS) is undergoing a transformative shift, with the cost of sequencing plummeting to less than $100 per genome. This drastic reduction, fueled by intense competition and technological advancements, has propelled the widespread adoption of personalized medicine. This evolution holds the promise of tailoring medical interventions to individual genetic profiles for […]
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