Medical Devices

Surgical robotics market will reach $30.7 billion by 2030, forecasts GlobalData

Robotics-assisted surgeries have become more popular in the operating room in the last five years, driving the robust growth of the surgical robotics market. Due to higher capital expenditures, the surgical robotics market is more vulnerable during economic recessions compared with other healthcare sectors. Despite this, the market for robotic surgical systems and accessories is […]

Medical Devices

Remote patient monitoring to play crucial role in implantable defibrillator market, says GlobalData

With the increasing global aging population, the incidence of sudden cardiac arrest (SCA) is likely to increase as well. Against this backdrop, remote patient monitoring (RPM) is set to play an essential role in the implantable defibrillator market as it can improve patient outcomes, reduce healthcare costs, and enhance the patient experience, says GlobalData, a […]

Medical Devices

Transcarotid artery revascularization set to overtake endarterectomy procedures, says GlobalData

Transcarotid artery revascularization (TCAR) allows for better outcomes in patients with high-risk factors, such as advanced age, previous neck surgery, or radiation therapy. Additionally, it has been shown to have long-term effectiveness in preventing stroke. As a result, the minimally invasive TCAR technique is set to overtake the traditional carotid endarterectomy procedures, according to GlobalData, […]

Medical Devices

Global reproductive health devices market set to reach $3.7 billion in 2030, forecasts GlobalData

A growing number of medical indications related to women’s health are being detected, treated, and even cured more promptly than ever before. This is in part due events like Sexual and Reproductive Health Awareness Week in Canada between February 14 to 18. Against this backdrop, the global market for reproductive health devices has historically grown […]

Medical Devices

Artificial intelligence to bring new era of patient care in India, says GlobalData

In the Union Budget 2023-24, the Indian government announced to establish three artificial intelligence (AI) centers of excellence as part of “Make AI for India” and “Make AI work for India” initiatives. This is likely to bring in a new era of breakthrough in patient care by powering a new generation of systems that provide […]

Medical Devices

Diagnostic imaging to drive image visualization solutions market in Japan, says GlobalData

Clinical images assist physicians in routine clinical practice. However, there is an increasing need for a single software/platform, which is compatible with multiple modalities such as CT, and MRI available through different vendors. Against this backdrop, Japan’s Canon Medical Systems Corp. received additional US FDA 510(k) approval for Vitrea Software Package, a vendor-agnostic multi-modality image […]

Medical Devices

Ferronova nanotech image-guided therapy to drive new standards in cancer care in Australia, says GlobalData

Australian biotech startup Ferronova has recently secured A$11 million to advance its nanoparticle platform and help surgeons locate and remove complex gastrointestinal and brain tumors. International investment, coupled with government support, is expected to provide a solid foundation to accelerate research and advance nanotechnology frontiers in the treatment of all types of brain and gastric-esophageal […]

Medical Devices

iSono Health ATUSA AI-driven ultrasound scanner to drive 3D breast imaging in Asia-Pacific, says GlobalData

iSono Health Inc has recently signed an agreement with Abdul Latif Jameel Health to distribute ATUSA System, an AI-driven and portable 3D breast ultrasound scanner, in an initial 31 countries across the Global South covering the Middle East and North Africa, Africa, South Asia, and Southeast Asia. This is expected to drive the 3D ultrasound […]

Medical Devices

Surgical treatment of cancer will be key driver of energy instruments market growth, says GlobalData

The surgical energy instruments market has grown by 5% between 2015 and 2021 and is projected to continue to grow at a similar rate until the end of the decade, driven by events such as World Cancer Day, which is intended to raise awareness of cancer and to encourage its early detection and treatment, says […]

Medical Devices

GlobalData reveals top 3 trends for orthopedic devices market in 2023

The orthopedic devices market is set to reach nearly $50 billion in 2023, after gradually recovering from the pandemic and surpassing the pre-COVID level globally. The top three trends for the market this year include rising number of outpatient procedures, rapid development of robotic surgery, supply chain challenges and inflation pressure, says GlobalData, a leading […]

Medical Devices

Abbott Laboratories tries to penetrate transcatheter aortic valve replacement duopoly market, says GlobalData

Abbott Laboratories recently announced US FDA approval for its transcatheter aortic valve replacement (TAVR) system Navitor for the treatment of severe aortic stenosis. With the system, Abbott is attempting to enter the market that is difficult to penetrate as it is dominated by only two players, Edward’s Lifesciences and Medtronic, says GlobalData, a leading data […]

Medical Devices

Wound care advances with remote monitoring and digital health into 2023, says GlobalData

Remote patient monitoring devices and digital health apps grew rapidly over the COVID-19 pandemic. In wound care space, monitoring tools existed well before the pandemic but lacked adoption due to data inconsistency. According to GlobalData, the widespread adoption during the pandemic has helped to catalyze the integration of this technology into wound care practices. The […]

Medical Devices

GlobalData reveals major trends for in vitro diagnosis in 2023

2023 will be an interesting year to watch as it marks the second year of recovery following the breakout of the pandemic and there will be a continued drop in COVID-19 testing and a steady increase in multiparameter respiratory tests as testing has been integrated into many people’s lives due to the pandemic. Overall, this […]

Medical Devices

Global diagnostic imaging market to reach $31.9 billion in 2023, forecasts GlobalData

The global diagnostic imaging market is set to reach $31.9 billion in 2023 and will record steady growth with a compound annual growth rate (CAGR) of 4.8% to reach $45.8 billion in 2030, mainly driven by an increase in the prevalence of chronic diseases and increased demand for imaging procedures from an aging population, forecasts […]

Medical Devices

Recommendation of artificial pancreas a huge step for patient comfort and digitization of the NHS, says GlobalData

Following the news that The National Institute of Health and Care Excellence (NICE) has recommended that artificial pancreas systems be available to patients in England and Wales through the National Healthcare Service; Shane Dibblee, Medical Analyst at GlobalData, a leading data and analytics company, offers his view: “An artificial pancreas, also called a ‘closed hybrid […]

Medical Devices

SK Biopharma Project Zero to further strengthen digital healthcare in South Korea, says GlobalData

South Korea-based SK Biopharmaceuticals aims to strengthen its digital healthcare ecosystem through “Project Zero”. The innovative solutions developed as a part of this project are expected to not only facilitate the future expansion of the digital health sector in Korea but also enable better care for patients with neurological disorders, says GlobalData, a leading data, […]

Medical Devices

Medical devices industry headed towards AI and machine learning in 2023, says GlobalData

Artificial intelligence (AI) is expected to become a key driver of medical device innovation in 2023, according to GlobalData, with the leading data and analytics company predicting that the use of AI within medical practices is likely to increase. This prediction comes from Alexander Murdoch, Medical Devices Analyst at GlobalData, who notes that AI is […]

Medical Devices

INVO Bioscience, Ming Mei Technology partnership to offer more fertility treatment options in Taiwan, says GlobalData

Due to delayed marriages and the rising cost of living, Taiwan has one of the lowest fertility rates in the world but is one of the preferred destinations for assisted reproduction in Asia. Against this backdrop, INVO Bioscience Inc recently signed an exclusive agreement with Ming Mei Technology to distribute INVOcell intravaginal culture (IVC) system. […]

Medical Devices

Artificial intelligence to drive digital mammography equipment market in South Korea during 2015-2030, forecasts GlobalData

With more companies leveraging the power of 3D mammography and artificial intelligence (AI) to provide early and accurate results and growing awareness of breast cancer among young women in South Korea, the market for digital mammography equipment is expected to grow at a compound annual growth rate (CAGR) of 11.60% between 2015 and 2030, forecasts […]

Medical Devices

Genome sequencing solutions will help to bring precision in lung cancer therapy, says GlobalData

Lung cancer is one of the prevalent forms of cancer in the Asia-Pacific (APAC) region. Genome sequencing-based analysis is imperative to bring precision in lung cancer therapy. Lung cancers are often a result of DNA mutations, which can be detected using DNA sequencing methodology, often referred to as a liquid biopsy. Recently, several APAC nations […]

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Medical Devices

Surgical robotics market will reach $30.7 billion by 2030, forecasts GlobalData

Remote patient monitoring to play crucial role in implantable defibrillator market, says GlobalData

Transcarotid artery revascularization set to overtake endarterectomy procedures, says GlobalData

Global reproductive health devices market set to reach $3.7 billion in 2030, forecasts GlobalData

Artificial intelligence to bring new era of patient care in India, says GlobalData

Diagnostic imaging to drive image visualization solutions market in Japan, says GlobalData

Ferronova nanotech image-guided therapy to drive new standards in cancer care in Australia, says GlobalData

iSono Health ATUSA AI-driven ultrasound scanner to drive 3D breast imaging in Asia-Pacific, says GlobalData

Surgical treatment of cancer will be key driver of energy instruments market growth, says GlobalData

GlobalData reveals top 3 trends for orthopedic devices market in 2023

Abbott Laboratories tries to penetrate transcatheter aortic valve replacement duopoly market, says GlobalData

Wound care advances with remote monitoring and digital health into 2023, says GlobalData

GlobalData reveals major trends for in vitro diagnosis in 2023

Global diagnostic imaging market to reach $31.9 billion in 2023, forecasts GlobalData

Recommendation of artificial pancreas a huge step for patient comfort and digitization of the NHS, says GlobalData

SK Biopharma Project Zero to further strengthen digital healthcare in South Korea, says GlobalData

Medical devices industry headed towards AI and machine learning in 2023, says GlobalData

INVO Bioscience, Ming Mei Technology partnership to offer more fertility treatment options in Taiwan, says GlobalData

Artificial intelligence to drive digital mammography equipment market in South Korea during 2015-2030, forecasts GlobalData

Genome sequencing solutions will help to bring precision in lung cancer therapy, says GlobalData

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