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GlobalData

Medical Devices

New guidelines for breast implant surgeries to enhance patient safety in Australia, finds GlobalData

The execution of new guidelines for the management of breast implant surgeries in Australia to protect the patients from risks that may trigger due to perilous practices and ‘carelessly performed’ surgeries is expected to drive the breast implant market, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Aesthetic Implants Market Size (Value, […]
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China to strengthen robotic surgical systems market with second five-year plan coupled with MAH Pilot Program, says GlobalData

The expansion of the Marketing Authorization Holder (MAH) Pilot Program released in 2019 had attracted extensive investments in the field of robotic surgical systems in China. With the new five-year development plan for robotics industry, growing burden of aging population and COVID-19 pandemic, the trend is likely to continue in the near future, says GlobalData, […]
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Russian imports of high-tech medical devices to continue despite sanctions, says GlobalData

Exports of many medical devices in tech-heavy markets—such as diagnostic imaging, ophthalmology, cardiovascular, and patient monitoring devices—are likely to bypass recent tech sanctions imposed on Russia as these devices often serve an essential purpose and have few domestic substitutes available within the Russian market, says GlobalData. However, the leading data and analytics company notes that […]
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Russian aesthetic devices market to contract by nearly 60% in 2022 as medical companies suspend sales operations, says GlobalData

The Russian aesthetic devices market is set to contract by 59% in 2022 following the country’s invasion of Ukraine and the global sanctions imposed upon it, according to GlobalData, a leading data and analytics company. Given that the Russian aesthetic devices market, which includes aesthetic implants, aesthetic injectables, body contouring devices, and laser resurfacing devices, […]
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Medical device companies operating in Russia continue to provide lifesaving healthcare services whilst pausing all non-essential business, says GlobalData

Medical device and pharmaceutical companies are taking a similar approach to global retailers by withdrawing their activities from Russia where possible, however they continue to maintain sales and deliveries of certain medical devices and pharmaceuticals as it would be detrimental to the health of Russian citizens, and therefore unethical to do otherwise, observes GlobalData, the […]
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New ICMR-DHR policy to boost domestic medical device market in India, observes GlobalData

The new Indian Council of Medical Research (ICMR)- Department of Health Research (DHR) policy on biomedical innovation and entrepreneurship is expected to boost the domestic Indian medical devices market by endorsing the government’s initiatives such as Make-in-India, Start-Up-India and Atmanirbhar Bharat, says GlobalData, a leading data and analytics company. GlobalData’s research reveals that the Indian […]
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New product development to drive South Korea aesthetic injectables market growth through 2030, predicts GlobalData

South Korea is expected to be the fastest growing country in the Asia-Pacific (APAC) region for aesthetic injectables market with a compound annual growth rate (CAGR) of around 9% between 2021-2030, driven by continuous product development, desire for appealing looks coupled with the availability of non-invasive/minimally invasive aesthetic techniques, forecasts GlobalData, a leading data and […]
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Companies plan to increase ESG investments to improve market performance, finds GlobalData survey

78% of medical device companies plan to increase ESG investments ESG related factors to drive operational decisions and corporate strategies 70% of ESG executives believe setting ESG targets good for company revenue With a vision to reach net-zero carbon emissions, many companies are planning to increase their expenditure on environmental, social, and governance (ESG) goals. […]
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Health in Motion Network and ScriptDrop partner to revolutionize existing technology products, says GlobalData

US-based health information technology companies Health in Motion Network and ScriptDrop Inc have partnered to closely integrate their technologies. The partnership will help both the companies to improve and revolutionize their existing technology products, says GlobalData, a leading data and analytics company. Kamilla Kan, Medical Analyst at GlobalData, a leading data and analytics company, comments: […]
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Global assisted reproductive technology consumable devices market to grow at 3% CAGR through 2030, forecasts GlobalData

The combination of rising public awareness of successfully achieving pregnancy through assisted reproductive technology (ART) and increased access to fertility clinics globally have resulted in the steady increase of ART procedures year-over-year. Against this backdrop, the ART consumable devices market is set to grow at a compound annual growth rate (CAGR) of 3%, resulting in […]
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Product innovation continues to drive disposable endoscopes market growth in 2022, finds GlobalData

The rapid growth of the disposable endoscopes market will most likely cannibalize the growth potential of the reusable endoscopes market. In addition, new product lines continue to drive the expansion of the disposable endoscopes market. Sensing this opportunity, Danish company Ambu has recently launched the world’s first disposable gastroscope, says GlobalData, a leading data and […]
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