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GlobalData
GlobalData

Medical Devices

APAC stretchers and cots market to reach US$490m in 2025, forecasts GlobalData

The stretchers and cots market in the Asia-Pacific (APAC) region is expected to reach US$490m in 2025, driven by increasing investments in hospital infrastructure and rising healthcare expenditure, according to GlobalData, a leading data & analytics company. GlobalData’s latest report, ‘Stretchers and Cots (Hospital Supplies) – Global Market Analysis and Forecast Model (COVID-19 Market Impact)’, […]
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Singapore government initiatives to aid medical devices market growth, says GlobalData

Singapore medical devices market is expected to witness a strong growth driven by increasing government expenditure on healthcare and rapidly increasing demand for innovative medical technologies, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Singapore Healthcare, Regulatory and Reimbursement Landscape – CountryFocus’, reveals that government initiatives such as Diagnostics Development (DxD) Initiative and […]
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The number of cyberattacks and exploitation of vulnerabilities in medical devices continues to grow, says GlobalData

Despite the continuing growth of the global security industry – 6.4% compound annual growth rate (CAGR) between 2019 and 2030, according to GobalData – the fast adoption of new technologies in healthcare institutions is raising concern around cyberattacks in the US. While numerous reports have been published to increase awareness of cybersecurity in the healthcare […]
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Singapore deploys technology to drive its vision of achieving smart healthcare system, says GlobalData

Singapore aims to provide smart healthcare to people with the help of novel technologies, which is helping the country to withstand the impact of COVID-19 on its healthcare system, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘CountryFocus: Healthcare, Regulatory and Reimbursement Landscape – Singapore’, reveals that the Singapore healthcare market is a […]
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Interconnectivity key to powering smart hospitals

The idea of a smart hospital has been increasingly discussed in recent months due to a combination of new technologies such as the release of 5G networks and the COVID-19 pandemic highlighting the need for telehealth and other connected solutions. At its core, a smart hospital is an interconnected one, where patient health metrics, test […]
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Healthcare institutions must ramp up cybersecurity measures to boost patients’ acceptance of RPM devices, says GlobalData

The COVID-19 pandemic has prompted a rapid increase in the integration and development of new technologies in the medical industry such as remote patient monitoring (RPM) devices. In fact, a survey by leading data and analytics company GlobalData notes that 66% of respondents stated they are more likely to use this technology since the pandemic. […]
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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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