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GlobalData
GlobalData

Medical Devices

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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International Diabetes Day highlights urgent need for early detection and equitable care, says GlobalData

Rising global diabetes rates are intensifying calls for earlier detection and fairer access to care, signalling how health systems must evolve to manage escalating clinical and economic pressures. This year’s International Diabetes Day on 14 November spotlights persistent treatment gaps, the expanding role of technology-enabled monitoring, and the policy action needed to prevent complications and […]
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GLP-1 evidence signals shift in future dialysis care in US, says GlobalData

Emerging evidence that GLP-1 therapies can slow chronic kidney disease (CKD) progression is reshaping expectations for renal care demand in the US. As semaglutide demonstrates measurable reductions in kidney decline, cardiovascular events, and mortality, clinicians and device manufacturers face a pivotal inflection point, balancing delayed disease progression with the likelihood of more patients ultimately surviving […]
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Sovato Series B signals rising confidence in remote-capable surgical robotics, says GlobalData

Remote-enabled surgical robotics is entering a pivotal growth phase as next-generation platforms integrate teleoperation, advanced imaging, and high-speed connectivity to expand clinical reach. Sovato’s latest Series B financing reinforces this momentum, reflecting rising investor confidence in digitally integrated systems that enhance access, precision, and workflow efficiency, signalling a broader shift toward robotics technologies poised to […]
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Japan ultrasound systems market to reach $1.265 billion in 2034, forecasts GlobalData

Japan’s medical imaging field is progressing steadily with broader adoption of ultrasound diagnostic systems. Within this context, Japan’s ultrasound systems market is projected to reach $1.265 billion in 2034, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Ultrasound Systems Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to […]
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Asia-Pacific nuclear imaging agents market set to reach $1,105 million in 2034, forecasts GlobalData

Fueled by an aging population, rising chronic disease burden, and government healthcare investments, the nuclear imaging agents market in the Asia-Pacific region is projected to reach $1,105 million in 2034, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Nuclear Imaging Agents Market Size by Segments, Share, Regulatory, Reimbursement, and Forecast to 2036,” reveals […]
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Breast Cancer Awareness Month: Early identification can close gap in breast cancer care, says GlobalData

Breast cancer is the most diagnosed cancer in women worldwide. Raising awareness encourages early detection through mammography. As October is Breast Cancer Awareness Month, community outreach should be prioritized to bring awareness to anyone who may be affected by breast cancer. Early detection significantly increases the chances of successful treatment and survival. The stage of […]
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GlobalData highlights potential impact of AI-powered bio-wearables on in vitro diagnostics

The convergence of biosensing and artificial intelligence (AI) is redefining remote patient care, with next-gen bio-wearables enabling continuous molecular monitoring beyond traditional in vitro diagnostics (IVD). The latest $14 million funding round by Adaptyx Biosciences (Adaptyx) for its AI-powered bio-wearable skin patch signals growing investor confidence in technologies that could transform episodic testing into proactive, […]
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Japan biopsy devices market to grow at 3% CAGR through 2036, forecasts GlobalData

With rising cancer prevalence and greater adoption of minimally invasive and image-guided diagnostic procedures, the biopsy devices market in Japan is projected to expand at a compound annual growth rate (CAGR) of 3% through 2036, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Biopsy Devices Market Size by Segments, Share, Regulatory, Reimbursement, Interventions […]
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Diabetes Awareness Month emphasizes the importance of screening, says GlobalData

Diabetes continues to pose a major global health challenge, driving millions of deaths annually and escalating risks of cardiovascular, renal, and vision-related complications. Observed each November, Diabetes Awareness Month underscores the urgent need for early detection, effective management, and equitable access to care, critical measures to curb the disease’s rising prevalence, improve outcomes, and reduce […]
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China new rare earth export controls can disrupt medical device supply chains, says GlobalData

China’s decision to expand export controls on 12 rare earth metals, which are critical for the manufacturing of magnetic resonance imaging (MRI) scanners, X-ray systems, and laser surgery devices, poses new risks for global medical device supply chains. With China dominating rare earth refinement, the tightened restrictions could disrupt production, delay innovation, and slow market […]
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