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GlobalData
GlobalData

Medical Devices

Point-of-care gene sequencing will be key to getting out of the COVID-19 variant cycle, says GlobalData

Ending the pandemic quickly, will rely upon being able to track and trace COVID-19 variants and recognize their different genetic makeup, together with getting a full understanding of the genomic differences between those strains that infect vaccinated individuals, says GlobalData. The leading data and analytics company notes that point-of-care genomic sequencing projects such as the recent […]
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COVID testing market set to soar, once again, says GlobalData

Following yesterday’s news (15 December) from CNN about the worrying transmissibility of the Omicron variant, James Spencer, Data Scientist at GlobalData, a leading data and analytics company, offers his view: “Earlier this year, COVID-19-testing CEOs were cautioning that the demand for COVID-19 tests would drop as herd immunity was reached. However, this may have been […]
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Knee reconstruction market in India to witness 9% growth through 2030, forecasts GlobalData

The knee reconstruction market in India is expected to grow at a compound annual growth rate of about 9% between 2021 and 2030, driven by growing number of trauma cases, rapidly aging population and increasing prevalence of obesity, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Knee Reconstruction (Orthopedic Devices) – Global     […]
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Rush for digital solutions exposes cybersecurity vulnerability in decades old medical device software, says GlobalData

As the healthcare industry rushes to adopt new technologies to alleviate the effects of COVID-19, vulnerabilities in existing software and hardware systems which in some instances pose a cybersecurity risk have been exposed says GlobalData, a leading data and analytics company. Kamilla Kan, Medical Analyst at GlobalData, comments: “Tech innovation is speeding ahead at a […]
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Mergers and acquisitions, venture financing to boost healthtech market in Singapore, says GlobalData

Growing awareness on healthcare, research centric ecosystem, favorable regulatory scenario under the Smart Nation initiative and the increased need for digital consultations amidst the COVID-19 pandemic are the factors driving investments in healthtech sector in Singapore, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Singapore Healthcare, Regulatory and Reimbursement Landscape – CountryFocus’, reveals […]
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3D printing could revolutionize healthcare, says GlobalData

Following the cautionary news from the FDA and ECRI about the possible health hazards of 3D printing, James Spencer, Data Scientist at GlobalData, a leading data and analytics company, offers his view: “Healthcare is slow to adapt to change, sometimes taking years or even decades to adopt the ‘next big thing’. Therefore, it’s easy to […]
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Peripheral vascular stents market in India to witness 6% growth through 2030, forecasts GlobalData

The peripheral vascular stents market in India is expected to grow at a compound annual growth rate (CAGR) of 6% between 2021 and 2030, driven by the growing prevalence of peripheral artery disease (PAD), improved diagnosis and increased availability of treatment, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Peripheral Vascular Stents […]
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Flu testing still seeing disruption but benefiting from rising ‘multi-parameter’ diagnostics testing for both COVID-19 and flu, says GlobalData

Diagnostics that can test for both COVID-19 and flu have quickly replaced tests that indicate for flu alone, according to GlobalData. The leading data and analytics company notes that these ‘multi-parameter’ tests now comprise a global market worth $1.54bn. Chris Onderisin, Medical Devices Analyst at GlobalData, comments: “Multi-parameter tests with the ability to diagnose both […]
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Vascular embolization plugs and coils market in Japan to grow at 3% CAGR through 2030, says GlobalData

The vascular embolization plugs and coils market in Japan is expected to grow at a compound annual growth rate (CAGR) of 3% through 2030, driven by growing preference for endovascular minimally invasive procedures over traditional surgeries, forecasts GlobalData, a leading data, and analytics company. GlobalData’s latest report, “Vascular Embolization Plugs and Coils (Cardiovascular) – Global […]
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LivaNova’s $519 million fine threatens pipeline portfolio and Q4 earnings potential, says GlobalData

Court of Appeal Milan announced its decision to fine LivaNova $519 million and holds LivaNova jointly liable for SNIA’s environmental damages. LivaNova’s current cash position and debt obligations raises questions on the potential impact to its operations. LivaNova plans to file an appeal with the Italian Supreme Court, while LIVN shares had their largest single […]
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Percutaneous drainage catheters market in Asia-Pacific to grow at 2.5% CAGR through 2030, forecasts GlobalData

The percutaneous drainage catheters market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 2.5% through 2030, with the primary growth factor being changing preference of patients and surgeons from open surgical procedures to percutaneous or minimally invasive procedures, forecasts GlobalData, a leading data and analytics company. […]
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ICP monitoring devices market in Asia-Pacific region to witness 7% growth through 2030, forecasts GlobalData

The intracranial pressure (ICP) monitoring devices market in Asia-Pacific (APAC) is expected to grow at a compound annual growth rate (CAGR) of 7% between 2021 and 2030, driven by the increase in the incidence of hydrocephalus and other neurological disorders and increase in traumatic brain injuries. As the elderly population increases, the chances of traumatic […]
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India arteriotomy closure devices market to witness 5.5% growth through 2030, forecasts GlobalData

The arteriotomy closure devices market in India is expected to grow at a compound annual growth rate (CAGR) of 5.5% between 2020 and 2030, driven by the increasing cardiovascular disease burden among the general population and growing proportion of untreated population, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Arteriotomy Closure Devices […]
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LivaNova’s Q3 financials exceed expectations, says GlobalData

Following the recent release of Q3 financial information from LivaNova; Alexandra Murdoch, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “LivaNova reported that 45% of its sales are attributed to neuromodulation and this growth may be due to the COVID-19 pandemic, and how various countries are recovering. Some US […]
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Recent announcement of GE Healthcare’s Q3 results has indicated a decline in year-over-year revenue

Following GE Healthcare’s announcement of its third quarter 2021 results; Kamilla Kan, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “GE Healthcare’s recent revenue postings indicated a year-over-year revenue decline of -0.5%, with the posted sales of $18.4bn for the three months ended in September 30, 2021. While GE […]
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Intuitive Surgical continues to lead robotic surgery market, but will now face spike in competition, says GlobalData

Following the release of Q3 2021 financials from Intuitive Surgical; Brian Hicks, Senior Medical Devices Analyst at GlobalData, a leading data and analytics companies, offers his view: “Intuitive Surgical continues to consistently deliver on its strong financial performance, as it remains the leader of robotic-assisted surgery (RAS) systems with its signature da Vinci RAS system. […]
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