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GlobalData
GlobalData

Medical Devices

Healthcare companies expected to ramp up cybersecurity as the rate of attacks increases, says GlobalData

Following the announcement that Secure Exchange Solutions’ software Direct, Notify, Fetch and Spot have earned Certified status in accordance with HITRUST CSF v9.4 certification criteria*; Kamilla Kan, Medical Analyst at GlobalData, a leading data and analytics company, offers her view: “With patients and healthcare professionals being more aware about data privacy and security, it certainly […]
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Renal dialysis machines market in Australia to grow at 5.5% CAGR through 2030, forecasts GlobalData

The renal dialysis machine market in Australia is expected to grow at a compound annual growth rate of about 5.5% between 2021 and 2030, driven by an increase in number of dialysis centers, forecasts GlobalData, a leading data, and analytics company. GlobalData’s latest report, ‘Renal Dialysis Machines(Nephrology and Urology Devices) – Global Market Analysis and […]
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China’s minimally invasive spinal devices market to witness 7% growth through 2030, forecasts GlobalData

The minimally invasive spinal (MIS) devices market in China is expected to grow at a compound annual growth rate of about 7% between 2021 and 2030, driven by an increase in geriatric population and prevalence of obesity, leading to spinal disorders, forecasts GlobalData, a leading data, and analytics company. GlobalData’s report, ‘Minimal Invasive Spinal Devices […]
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Implantable cardioverter defibrillators market in India to witness 11% growth through 2030, forecasts GlobalData

The implantable cardioverter defibrillators (ICD) market in India is expected to grow at a compound annual growth rate of 11% between 2021 and 2030, driven by the growing prevalence of sudden cardiac arrest, ventricular tachycardia and ventricular arrhythmia, improved diagnosis and increased availability of treatment, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest […]
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Medical device contract manufacturing market rebounds in 2021 with M&A deals reaching record-high $1.6 billion, says GlobalData

Medical device contract manufacturing has made a comeback in 2021, according to GlobalData, which notes that merger & acquisition (M&A) deal volume in the sector has reached record highs of $1.6 billion. The leading data and analytics company notes that contract manufacturing, which offers medical equipment manufacturers essential cost reductions and increased return on investment […]
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Inscopix’s new cloud-based platform for neurotherapeutics contributes towards what will be a $4.4 billion cloud services market, says GlobalData

Following the news that US-based neuroscience company Inscopix has announced the launch of a cloud-based platform; Kamilla Kan, Medical Analyst at GlobalData, a leading data and analytics company, offers her view: “Inscopix’s IDEAS platform is able to manage big data systems in a secure way and help scientists analyze, store and share datasets. Cloud-based technologies […]
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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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