Subscribe
Sign in
Subscribe
Sign in
GlobalData
GlobalData

Medical Devices

FDA approval for Mobilise rehabilitation device opens doors for investment in health IT-based orthopedic devices in South Korea, says GlobalData

The Ulsan National Institute of Science and Technology (UNIST), the Korea Institute of Science and Technology (KIST), and Seoul National University Bundang Hospital have recently received FDA approval for “Mobilise”, a medical device to help degenerative knee arthritis patients. This will not only open doors for overseas sales but also encourage domestic and international companies […]
Read more

Possible MDR extension could prevent medical devices from being taken off the market, says GlobalData

Following the news that the European Commission has proposed extending the Medical Devices Regulation (MDR), which came into effect in May 2021; Alexandra Murdoch, Medical Analyst at GlobalData, a leading data and analytics company, offers her view: “While this new update provides greater transparency regarding clinical evidence and device failures, with an emphasis on tracking […]
Read more

Medical device companies must ensure digitalization benefits are inclusive to all patients, says GlobalData

Medical device companies are leveraging digitalization to gain more market share in the rapidly growing, global healthcare market currently worth $8 trillion, according to GlobalData. The leading data and analytics company notes that while medical device companies reap the many benefits of digitalization, they need to ensure that these benefits are inclusive to all patients, […]
Read more

South Korea should revise cancer pathology tests reimbursement system, opines GlobalData

The reimbursement system for pathological examinations in South Korea has poor coordination with cancer treatment plans, resulting in many patients not receiving timely treatment. Therefore, South Korea’s reimbursement system needs to be revised to fairly cover changes in pathology tests and subsequent treatment, says GlobalData, a leading data and analytics company. GlobalData’s research reveals that […]
Read more

Artificial Intelligence-aided medical devices to boost South Korea ophthalmic market to $156m in 2030, forecasts GlobalData

South Korea has remained a preferred destination for medical tourism and its ophthalmic devices market is no exception to this. Augmented by continuous innovation, South Korea continues to use artificial intelligence (AI) to diagnose and treat ophthalmic diseases. As a result, the value of the ophthalmic devices market in South Korea is expected to reach […]
Read more

India assisted reproductive technology market to record 8% CAGR between 2022 and 2030, forecasts GlobalData

Expanding assisted reproductive technology (ART) centers and facilities, fueled by high infertility cases, raising awareness, and new advances in science and technology are set to drive the Indian ART devices market at a compound annual growth rate (CAGR) of around 8% between 2022 and 2030, forecasts GlobalData, a leading data, and analytics company. GlobalData’s report, […]
Read more

The market for tissue sealants and adhesives is expected to reach $2.4 billion by 2030 driven by trauma, burn cases and surgical procedures, says GlobalData

The tissue sealants market valued at $1.8 billion in 2022 is forecast to reach $2.4 billion by 2030 at a compound annual growth rate (CAGR) of 3.1%. Demand for tissue sealants and adhesives used in surgical procedures for trauma and burn cases is driving market growth according to GlobalData, a leading data and analytics company. […]
Read more

Innovative diagnostic solutions to provide better care for patients with neurological diseases in Japan, says GlobalData

Due to the aging population, the prevalence of neurological diseases such as Alzheimer’s disease (AD) are increasing in Japan. As a result, new in-vitro diagnostics (IVD) and high-precision imaging modalities are being developed to meet the growing need for better neurological healthcare. These innovative solutions will not only facilitate the future expansion of the medical […]
Read more

Boston Scientific’s $615 million acquisition of Apollo Endosurgery will cement its advantage over competitors, says GlobalData

Following the announcement that Boston Scientific has entered into a definitive agreement to acquire Apollo Endosurgery for approximately $615 million; Brian Hicks, Senior Medical Devices Analyst at GlobalData, a leading data and analytics company, offers his view: “This deal value is quite a significant one, however it’s not overly surprising that Boston Scientific had been […]
Read more

Recent FDA regulations will drive 24.7% CAGR in volume of pipeline products reaching medical devices market by 2024, says GlobalData

Recent changes to the FDA’s 510(k) premarket clearance pathway will result in the volume of pipeline products reaching the medical devices market experiencing a compound annual growth rate (CAGR) of 24.7% by 2024, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Regulations in Medical Devices – Thematic Research’, reveals that it takes approximately four […]
Read more

COVID-19 pandemic has encouraged more people to test for HIV with over 18.6 million tests sold to US hospitals in 2021, says GlobalData

As the COVID-19 pandemic normalized frequent disease testing, people have become more proactive in monitoring their health, particularly in infectious diseases such as HIV, says GlobalData. The leading data and analytics company found that over 18.6 million HIV tests were sold to US hospitals in 2021. Selena Yu, Medical Analyst at GlobalData, comments: “HIV test sales […]
Read more

AI-based image analysis solutions will drive Australia mammography market, says GlobalData

The Cancer Institute New South Wales (NSW) recently selected South Korean startup Lunit’s artificial intelligence (AI)-based mammography analysis solution “INSIGHT MMG” for its BreastScreen NSW’s (BSNSW) AI evaluation and clinical integration project. Such collaborations will not only help in the early detection of breast cancer, but also further fuel the growth of the mammography market, […]
Read more

Stumbling VR tech finds a second home in rehab, says GlobalData

Following Penumbra’s launch of REAL y-Series hands- and tether-free VR rehabilitation platform to address both upper and lower extremities with a full body avatar: James Spencer, Data Scientist at GlobalData, offers their view: “Virtual reality (VR) has always looked like an answer looking for a solution. This was never clearer than with Meta’s recent metaverse […]
Read more
1 … 24 25 26 27 28 … 51