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GlobalData
GlobalData

Medical Devices

Tissue engineered skin substitutes market in India set for 10% CAGR through 2036, forecasts GlobalData

India’s tissue-engineered skin substitutes market is witnessing growth as demand for advanced wound healing products increases to address chronic and complex wounds, burns, and ulcer care. Against this backdrop, the Indian market is projected to expand at a compound annual growth rate (CAGR) of around 10% through 2036, according to GlobalData, a leading intelligence and […]
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Australia topical absorbable hemostats market to grow at 3% CAGR through 2036 forecasts, GlobalData

Australia’s topical absorbable hemostats market is witnessing steady expansion as surgical volumes rise and hospitals increasingly adopt advanced bleeding control solutions to improve procedural efficiency and patient outcomes. Against this backdrop, the topical absorbable hemostats market in Australia is anticipated to grow at a compound annual growth rate (CAGR) of approximately 3% over the forecast […]
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Singapore strengthens digital healthcare landscape with AI integration in clinical workflow, says GlobalData

Singapore’s medical device landscape continues to evolve with the integration of artificial intelligence (AI) in routine clinical practice. The increasing focus on advanced imaging and diagnostic solutions is driving efforts to support clinicians with tools to enhance disease detection and decision-making. Such trend aligns with Singapore’s focus on building a future-ready healthcare system that can […]
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AI-driven intravascular imaging gains momentum, says GlobalData

Rising demand for precision coronary diagnostics is driving the adoption of artificial intelligence (AI)-driven intravascular imaging. In line with this, the announcement of the acquisition of SpectraWAVE by Philips signals a strategic push to deepen clinical decision-making capabilities, expand procedural adoption, and reinforce leadership in a market shaped by cardiovascular disease prevalence, aging populations, and […]
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India cardiovascular monitoring devices market to reach $153 million in 2036, forecasts GlobalData

Driven by the rising cardiac disease prevalence, growing demand for continuous monitoring, and the rapid adoption of artificial intelligence (AI)-enabled wearable technologies, the cardiovascular monitoring devices market in India is projected to reach $153 million in 2036, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Cardiovascular Monitoring Devices Market Size by Segments, Share, […]
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India ultrasound systems market to reach $263 million in 2034, forecasts GlobalData

Ultrasound systems are advancing rapidly, delivering faster, clearer, and more accessible imaging that is reshaping diagnostic care. With new levels of automation and precision, the ultrasound systems market in India is projected to reach $263 million in 2034, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Ultrasound Systems Market Size by Segments, Share, […]
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India diagnostic imaging market to grow at 7% CAGR through 2035, forecasts GlobalData 

India is witnessing a significant rise in respiratory diseases such as asthma and chronic obstructive pulmonary disease, prompting a rapid technological transformation across the country’s healthcare sector. Against this backdrop, India’s diagnostic imaging market is projected to expand at a compound annual growth rate (CAGR) of 7% through 2035, forecasts GlobalData, a leading data and […]
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Regulatory approved apps gain worldwide momentum, reveals GlobalData

Regulatory approved apps, classified as medical devices, are a rapidly emerging segment of digital health, having strong double-digit growth. The adoption of these apps is rising across many regions and therapeutic areas, signalling a strong push towards digitally monitored healthcare models, says GlobalData, a leading data and analytics company. Regulatory approved apps are broadly classified […]
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India MRI systems market to grow at 12% CAGR between 2025 and 2035, forecasts GlobalData

India’s medical imaging landscape is entering a phase of accelerated transformation, driven by the integration of artificial intelligence (AI), augmented reality (AR), and machine learning (ML) into magnetic resonance imaging (MRI) workflows. In this context, India’s MRI systems market is projected to expand at a compound annual growth rate (CAGR) of nearly 12% between 2025 […]
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Singapore expands precision imaging capacity with new Molecular Imaging and Theranostics Centre, says GlobalData

Singapore has expanded its national capabilities in molecular imaging and translational research with the establishment of the Molecular Imaging and Theranostics Centre, a joint initiative by the National University Hospital (NUH) and the Yong Loo Lin School of Medicine at the National University of Singapore (NUS Medicine). It is expected to strengthen Singapore’s leadership in […]
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LUNA trial preliminary outcomes highlight potential of minimally invasive treatment for knee osteoarthritis, says GlobalData

Knee osteoarthritis (KOA) is a painful joint condition that has a global prevalence of over 300 million as of 2023, according to the World Health Organization. Arthrosamid is an injection that allows those who suffer from KOA to receive minimally invasive treatment that will last long term. The Observational Clinical Investigation of Arthrosamid in Knee […]
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South Korea medical device market to grow at 5% CAGR through 2034, forecasts GlobalData

South Korea’s medical device sector is set to see accelerated innovation following the government’s recent announcement of a major national investment initiative worth over KRW900 billion ($622.1 million) to advance next-generation medical devices. Against this backdrop, the South Korean medical device market is projected to grow at 5% compound annual growth rate (CAGR) during 2024-34, […]
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India continuous glucose monitoring devices market to grow at 5% CAGR during 2025-35, forecasts GlobalData

As diabetes continues to affect millions across India, the country’s healthcare sector is undergoing a rapid technological shift aimed at improving patient outcomes and disease management. 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 […]
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Cryoablation market to decline sharply due to pulsed field ablation advances, predicts GlobalData

Pulsed field ablation (PFA) has experienced a meteoric rise in popularity within the electrophysiology market. Compared with other existing treatment methods, PFA provides faster recovery times for patients, shorter hospital stays, and faster procedure times. However, this rapid growth has come at the expense of other existing treatment options, such as cryoablation and radiofrequency ablation […]
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Minimally invasive neurosurgical devices market growth hangs on clinical trial results, says GlobalData

The market for minimally invasive neurosurgical devices is expected to grow steadily as new clinical evidence supports the shift away from open craniotomy toward less invasive procedures. These devices are gaining attention for their potential to improve outcomes in treating intracranial haemorrhage (ICH) and brain tumours, although minimally invasive techniques have not yet become the […]
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