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GlobalData
GlobalData

Medical Devices

Diversity in EMR systems driving market growth, but perpetuating data compatibility challenges, says GlobalData

Electronic medical record (EMR) systems have been increasingly adopted by medical practices around the world to improve organization of patient data and fast-track medical billing and reimbursement. EMR systems are well-established globally, with high diversity in companies and platforms. However, despite over 90% adoption in some regions, the ability to share EMR patient data with […]
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GlobalData reveals advancements in diagnostic tools for early detection of Alzheimer’s disease

The month of June holds significance as it is designated as Alzheimer’s and Brain Awareness Month. It is dedicated to raising awareness about Alzheimer’s disease, brain health, and supporting individuals and families affected by this condition. Early detection plays a crucial role in managing the disease and improving patient outcomes. With advancements in medical technology, […]
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From mental health therapies to surgical training, virtual reality revolutionizing healthcare, finds GlobalData

Virtual reality (VR) provides an immersive experience in a simulated or augmented environment that entirely replaces the users’ field of vision through a headset. The future of VR in healthcare seems bright, with numerous VR-based solutions being created and tested globally, from mental health therapies to drug development and surgical training, says GlobalData, a leading […]
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South Korea diabetes care devices market set for 6% CAGR through 2030, forecasts GlobalData

South Korea has made remarkable progress in automated medical devices, particularly for tackling global health challenges like diabetes. The rising prevalence of diabetes among Korean adults, caused by sedentary lifestyles and poor diets, has led to significant concerns. However, South Korean companies’ advancements in diabetes care devices will revolutionize the management of this chronic condition. […]
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Cataract Awareness Month drives artificial lenses market growth, says GlobalData

With Cataract Awareness Month underway, global attention is being directed towards the staggering number of individuals grappling with visual impairments, particularly cataracts. Intraocular lenses (IOLs), artificial lenses that replace clouded natural lenses, are crucial in treating such cases. Forecasted to grow from $4.1 billion in 2022 to nearly $5.0 billion by 2033, the IOL market’s […]
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MR-aided radiation technology to alleviate cancer treatment burden in India, says GlobalData

The burden of cancer is increasing in India and so are newer technologies for cancer diagnosis, treatment, and management. Radiation therapy has been a key treatment option for cancer. India has seen significant advancements recently in radiation therapies such as intensity-modulated radiotherapy (IMRT) and image-guided radiotherapy (IGRT). As a result, the emergence of new radiation […]
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Speech and Hearing Month highlights recent advancements in cochlear implants, says GlobalData

The month of May is dedicated to Speech and Hearing Month, a time when awareness is raised about communication disorders, hearing health promotion, and support for individuals facing speech and hearing challenges. The latest developments in cochlear implants have revolutionized the field of hearing rehabilitation, says GlobalData, a leading data and analytics company. Among the […]
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Lantern Pharma’s AI algorithms to assess blood-brain-barrier permeability to boost drug development, says GlobalData

As the pandemic has continued to impact the world, there has been a growing focus on the importance of developing new treatments for a range of diseases, including those affecting the brain. Lantern Pharma, a clinical-stage biopharmaceutical company, has developed artificial intelligence (AI) algorithms that can predict the blood-brain-barrier permeability of any compound. Lantern Pharma’s […]
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Medical device industry faces environmental responsibility challenge amidst healthcare innovation, says GlobalData

Despite the medical device industry’s commitment to healthcare innovation, achieving environmental responsibility has been hindered by stringent regulations. As World Environment Day approaches on 5 June 2023, the industry finds itself at a crucial juncture, balancing technological advancements with sustainable practices, says GlobalData, a leading data and analytics company. GlobalData’s report, “Environmental Trends in Healthcare […]
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Medical device industry rapid AI adoption in response to COVID-19 fuels disruption in cardiology, finds GlobalData

COVID-19 has led to an unprecedented acceleration of digital transformation across the healthcare industry. Medical device companies have had to rapidly adopt emerging technologies such as artificial intelligence (AI) to fight the pandemic. AI has been particularly disrupting the cardiology medical device sector. From the list of AI-enabled medical devices that have been approved by […]
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Assisted reproductive technology consumable devices market to exceed $440 million by 2030, says GlobalData

With June being World Infertility Awareness Month, there is a renewed public awareness campaign towards the difficulties a substantial minority of couples, particularly women, face in achieving conception during their reproductive years. Fortunately, improvements in Assisted Reproductive Technology (ART) have enabled millions of women across the world facing infertility to conceive over the past few […]
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Unipath’s homologous recombination deficiency gene panel to advance cancer genomics in India, says GlobalData

Indian firm Unipath Specialty Laboratory Limited (Unipath) recently launched a homologous recombination deficiency (HRD) gene testing panel using SOPHiA GENETICS technology. The collaboration of Sophia Genetics SA and Unipath will not only advance cancer research in India but also increase access to data-driven treatment options for cancer patients, says GlobalData, a leading data and analytics […]
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Agilent, Theragen Bio collaboration to advance next generation sequencing tests market in South Korea, says GlobalData

Agilent Technologies Inc. has recently signed a memorandum of understanding with Theragen Bio to advance bioinformatic technologies for cancer genomic profiling (CGP) by combining next generation sequencing (NGS) and bioinformatics capabilities. The partnership is expected to not only boost the NGS market in South Korea, but also improve cancer care by enabling personalized and faster treatment decisions, […]
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Atellica CI 1900 Analyzer to expand integrated clinical chemistry and immunochemistry assay options in South Korea, says GlobalData

At the recently held Korean Society for Laboratory Medicine’s 2023 spring symposium, Siemens Healthineers AG has launched Atellica CI 1900 Analyzer  in South Korea. The integrated biochemical and immunoassay solution is expected to contribute to the growth of the integrated clinical chemistry and immunochemistry analyzers market in South Korea, says GlobalData, a leading data and […]
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