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GlobalData
GlobalData

Medical Devices

Cartilage repair market set to reach $2bn by 2030 driven by regenerative medicine improvements, says GlobalData

The cartilage repair market is expected to reach $2bn by 2030 driven by improvements in regenerative medicine, according to GlobalData. The leading data and analytics company notes that regenerative therapy, including the generation and use of stem cells, tissue engineering, and the production of artificial organs, has huge potential to revolutionize different areas of medicine […]
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APAC assisted reproductive technology devices market to register 4.5% CAGR through 2030, forecasts GlobalData

The Asia-Pacific (APAC) assisted reproductive technology (ART) devices market is forecast to grow at a compound annual growth rate (CAGR) of 4.5% and retain its leading position globally through 2030, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Assisted Reproductive Technology Devices (General Surgery) – Global Market Analysis and Forecast Model […]
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Boston Scientific’s neuromodulation segment will need to perform strongly in Q3 to recoup 2020 losses

Following the recent release of Boston Scientific’s Q2 financial information; Dominic Tong, Senior Medical Device Analyst at GlobalData, a leading data and analytics company, offers his view: “Boston Scientific reported a Q2 2021 growth of 101.5% in its neuromodulation segment to a revenue of $247m compared to Q2 2020’s revenue of $122m, though this figure […]
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COVID-19 testing in the US declines in H1, says GlobalData

Following the release of Q2 2021 financials from Abbott; Dara Lo, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers her view: “GlobalData has observed a significant decline in the first half of the year in COVID-19 testing in US hospitals for both nucleic acid amplification tests (NAATs) and rapid tests such […]
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Remote monitoring devices could become more accepted post-pandemic

Since the COVID-19 pandemic began spreading in earnest in early 2020, physicians have pushed to limit in-person appointments to minimize the risk of disease transmission. Patients have instead turned to using telehealth platforms and apps to continue receiving care from home. According to GlobalData, a leading data and analytics company, this experience may have improved […]
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Australia esophagoscopes and gastroscopes market to witness 14% growth through 2025, forecasts GlobalData

Driven by increasing demand due to high prevalence of gastrointestinal disorders, the esophagoscopes and gastroscopes market in Australia is expected to witness a compound annual growth rate (CAGR) of 14% through 2025, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Esophagoscopes and Gastroscopes (General Surgery) – Global Market Analysis and Forecast Model […]
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China to lead Asia-Pacific thyroid function tests market through 2025, forecasts GlobalData

China, which accounted for about 45% of the Asia-Pacific (APAC) thyroid function tests market in 2020, is expected to continue to lead the regional market through 2025, reveals GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Thyroid Function Tests (In Vitro Diagnostics) – Global Market Analysis and Forecast Model (COVID-19 Market Impact)’, reveals […]
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Robotic-assisted knee reconstruction surgeries will reach 700,000 globally by 2030, says GlobalData

Robotic-assisted knee reconstruction has increased significantly over the past years as robots have become more popular in the operation room. The number of robotic-assisted knee reconstruction surgeries will reach approximately 700,000 globally by 2030, at a compound annual growth rate (CAGR) of 8% from 2021 to 2030, according to GlobalData, a leading data and analytics […]
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