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GlobalData
GlobalData

Medical Devices

AI-backed innovations to drive Australia ultrasound systems market, says GlobalData

See-Mode Technologies, an Australia-based medical technology company, has recently received regulatory approvals for its artificial intelligence (AI)-powered software that automatically analyses and reports breast and thyroid ultrasound scans in Australia and New Zealand. Such AI-backed innovations are expected to drive the growth of the Australian ultrasound systems market, says GlobalData, a leading data and analytics […]
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Ansell Kovai manufacturing facility to boost India surgical gloves market, says GlobalData

Ansell Limited has recently marked the first phase of the commissioning of its packaging and irradiation operations at its new manufacturing facility in Kovai, India. This is expected to drive the Indian surgical gloves market, promote sustainable manufacturing and contribute to the “Made in India” initiative, says GlobalData, a leading data, and analytics company. GlobalData’s […]
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Newly patented bone marrow biopsy device to bolster bone cancer treatment landscape in India, says GlobalData

Bone marrow cancer is one of the most prevalent types of cancer in India, affecting a large population. Treatment options typically include chemotherapy, radiation therapy, and bone marrow transplantation. To determine these treatment options, a bone marrow biopsy is a vital diagnostic tool. Against this backdrop, the emergence of a new biopsy device is expected […]
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Global surgical sutures market to reach $4.5 billion by 2033, forecasts GlobalData

With the increasing prevalence of chronic diseases, trauma, and the burden of age-related health conditions, there will be a higher need for surgical procedures and healing-related medical devices like surgical sutures. Limitations in healthcare resources and an emphasis on improving patient outcomes are also fueling the development of healing-promoting suture materials and faster application methods. […]
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ChatGPT has the power to change healthcare, says GlobalData

Although artificial general intelligence that can solve problems just like a human is still decades away, ‘good enough’ AIs such as OpenAI’s ChatGPT and ChatGPT-4, which can write original prose and chat with human fluency, hold the potential to completely change healthcare, says GlobalData, a leading data and analytics company. The revolutionary technology is coming […]
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Medtronic can challenge Boston Scientific in PFA market with CE-marked Affera system, says GlobalData

Medtronic recently secured CE approval for its Affera Mapping and Pulsed-Field Ablation (PFA) catheter system. Consisting of the Sphere-9 catheter and Affera Prism-1 mapping software, Medtronic’s ablation system is developed to treat atrial fibrillation (AF). With CE approval, Medtronic can challenge Boston Scientific’s Farapulse system, the only PFA catheter system that is readily available currently, […]
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In vitro diagnostics to help cancer patients in Japan by supporting personalized oncology medicine, says GlobalData

Japan’s personalized medicine service provider Riken Genesis has recently collaborated with cancer intelligence firm C2i Genomics to make AI-powered whole-genome minimal residual disease (MRD) cancer detection technology “C2inform MRD” available across Japan. Such in vitro diagnostics (IVD)-oncology solutions help physicians not only in precise diagnosis but also aid in prescribing rational medications. Thus, the exceeding […]
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Nanoparticle-based deep brain stimulation therapy to revolutionize neurological disease treatment in South Korea, says GlobalData

The treatment of neurodegenerative diseases such as Parkinson’s or Alzheimer’s has been a longstanding challenge for medical researchers. However, researchers at South Korea’s Pohang University of Science and Technology have developed a new nanoparticle-based technique to administer electrical stimulation to the brain without the use of implanted electrodes. This has the potential to establish a […]
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GlobalData forecasts Australia heart valve market to reach $50 million in 2030

The sedentary lifestyle and unhealthy choices of the geriatric population in Australia will continue to put them at risk of cardiovascular diseases, especially after the COVID-19 pandemic. Consequently, the rising burden of these diseases will likely increase the demand for minimally invasive procedures, such as Anteris Technologies’ DurAVR transcatheter heart valve. Against this backdrop, the […]
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COVID-19 to drive demand for extracorporeal membrane oxygenation devices market, says GlobalData

The global extracorporeal membrane oxygenation (ECMO) devices market is expected to experience significant growth over the next few years, driven by increasing investment in healthcare infrastructure, growing awareness of ECMO therapy, and the rising adoption of ECMO devices in emerging markets. The market is also likely to be driven by the ongoing COVID-19 pandemic, which […]
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Future of diagnosing and monitoring nonalcoholic fatty liver disease/nonalcoholic steatohepatitis could be noninvasive, says GlobalData

Liver fibrosis is a key characteristic that represents the severity of liver illnesses and is an important factor that helps forecast the progression of liver disorders toward cirrhosis. Although liver biopsies are currently considered to be the gold standard for the diagnosis and histological assessment of nonalcoholic fatty liver disease/nonalcoholic steatohepatitis (NAFLD/NASH), they are not […]
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3D printing in medical devices set to become $4 billion industry by 2026, forecasts GlobalData

3D printing complements traditional manufacturing by offering new opportunities for personalization and small-batch production of complicated parts. In medical devices, this allows for customized devices uniquely suited to patients, improving fit, comfort, and outcomes while reducing the risk of complications. Given its advantages, the medical 3D printing market is forecast to grow from just over […]
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