Medical Devices

COVID-19 has accelerated demand for handheld ultrasound devices in China, says GlobalData

The necessity to screen and monitor functionality of vital organs, such as the lungs and heart of COVID-19 patients and limiting the exposure of frontline staff to infection during treatment, is driving the demand for handheld ultrasound (HHU) devices in China. The HHU devices market is expected to grow at a compound annual growth rate […]

Medical Devices

Aortic stent grafts market in Australia to grow at 15% CAGR over next five years, says GlobalData

The aortic stent grafts market in Australia witnessed a decline in 2020 as patients suffering from COVID-19 took precedence in treatment over others except in cases of emergency. However, the market is expected to rebound and grow at a compound annual growth rate (CAGR) of 15% over the next five years, according to GlobalData, a […]

Medical Devices

China ventilators market to exceed US$275m by 2030, forecasts GlobalData

Driven by increasing demand for access to basic healthcare and government initiatives, the ventilators market in China is expected to exceed US$275m by 2030, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Ventilators (Anesthesia and Respiratory Devices) – Global Market Analysis and Forecast Model (COVID-19 Market Impact), reveals that critical care ventilators […]

Medical Devices

Japan Transcatheter Aortic Valve Replacement (TAVR) market to exceed US$450m through 2025, forecasts GlobalData

The transcatheter aortic valve replacement (TAVR) market in Japan is expected to exceed US$450m in 2025, driven by the increasing prevalence of aortic stenosis in elderly population, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Transcatheter Aortic Valve Replacement (TAVR) (Cardiovascular) – Global Market Analysis and Forecast Model (COVID-19 Market Impact)’, reveals that […]

Medical Devices

Diabetes care devices market will reach $25.4bn by 2025

The diabetes care devices market was worth over $19bn in 2020, and is expected to grow to $25.4bn by 2025 with a CAGR of 6.5%, driven by the strong performance of the continuous glucose monitors (CGM) market, according to GlobalData, a leading data and analytics company. GlobalData anticipates the continued growth of the CGM and […]

Medical Devices

China will continue to account for about 50% of oxygenators market in Asia-Pacific through 2025, says GlobalData

China, which accounted for about 50% of the oxygenators market in the Asia-Pacific (APAC) region in 2020, is expected to retain this share through 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Perfusion Disposables (Cardiovascular Devices) – Global Market Analysis and Forecast Model (COVID-19 Market Impact)’ reveals that Terumo Corp […]

Medical Devices

China point of care PCR systems market to witness 10.6% growth through 2025, forecasts GlobalData

The point of care (POC) polymerase chain reaction (PCR) systems market in China is expected to grow at a compound annual growth rate (CAGR) of 10.6% between 2020 and 2025, driven by the effectiveness of POC analyzers in the rapid detection of infectious diseases specifically COVID-19, forecasts GlobalData, a leading data and analytics company. GlobalData’s […]

Medical Devices

Aesthetic fillers to drive Japan aesthetic injectables market to over US$150m in 2025, forecasts GlobalData

The aesthetic injectables market in Japan is expected to exceed US$150m in 2025, driven by the increasing number of aesthetic fillers procedures due to their superior reliability, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Aesthetic Injectables (General Surgery) – Global Market Analysis and Forecast Model (COVID-19 Market Impact)’, reveals that Botulinum […]

Medical Devices

Anesthesia and respiratory devices market to reach $20bn in 2025 driven by recent surge in 510(k) clearances, says GlobalData

The global market value for anesthesia and respiratory devices is projected to grow to $20bn in 2025, up from $16.8bn in 2021, according to GlobalData, a leading data and analytics company. New and innovative products making their way into the market will provide stable growth over the coming years. Kevin Dang, Medical Data Analyst at […]

Medical Devices

Phoenix Cardiac Devices to shake up mitral valve treatment markets with BACE device, says GlobalData

Phoenix Cardiac Devices recently gained regulatory CE mark approval for its basal annuloplasty of the cardiac externally (BACE) device, for treatment of functional mitral regurgitation. The company is set to shake up the mitral valve treatment markets due to its device being placed outside of the heart, which is a beneficial feature since it reduces […]

Medical Devices

South Korea shoulder replacement devices market to grow at 5.5% CAGR over next five years, forecasts GlobalData

The shoulder replacement devices market in South Korea, which is expected to grow by 15% in 2021 as elective surgeries resume post COVID-19 pandemic, is forecast to grow at a compound annual growth rate (CAGR) of 5.5% between 2021 and 2025, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Shoulder Replacement (Orthopedic […]

Medical Devices

Data analytics crucial for continued growth of orthopedic market, says GlobalData

The orthopedic market is set for a rise in acquisitions as companies seek to strengthen their positions, says leading data and analytics company GlobalData. As part of the decision of how to strengthen their portfolio, orthopedic device companies will utilize analytics of past procedure accuracy metrics to determine which implants are strongest and identify any […]

Medical Devices

Test market outlook dying down as vaccinations continue, says GlobalData

Following the release of Hologic’s and Thermo Fisher Scientific’s quarterly results; James Spencer, Data Scientist at GlobalData, a leading data and analytics company, offers his view on the COVID-19 testing market: “As the world rushes to become vaccinated, our strategy turns from infection mitigation to achieving herd immunity. The pandemic and the multiple lockdowns that […]

Medical Devices

Integra’s Q1 financials indicate rebound in neurosurgical procedures following significant delays in 2020, says GlobalData

Following the recent release of Q1 2021 financial information from Integra LifeSciences, Dominic Tong, Medical Device Analyst at GlobalData, a leading data and analytics company, offers his view: “Integra reported a Q1 2021 neurosurgery growth of 2.3% and 5.4% when compared to Q1 2020 and Q1 2019, respectively. Compared with a 6.7% decrease in Q4 […]

Medical Devices

COVID-19 pandemic wiped out $4.8bn in the orthopedic market in 2020, says GlobalData

The global orthopedic market has lost over $4.8bn in revenue since the outbreak of COVID-19. The market was worth over $48.4bn prior to COVID-19, with a compound annual growth rate (CAGR) of 2.8%. However, the market has since been affected by lower levels of elective procedures and has decreased by around 10% to $43.6bn in […]

Medical Devices

Global ophthalmic viscoelastic devices market set to reach $1.4bn by 2030, says GlobalData

The global ophthalmic devices viscoelastic devices (OVD) market was valued at $709.1m in 2020 and is set to increase to $1.4bn by 2030 at a compound annual growth rate (CAGR) of 6.5%. Growth will be driven by the increasing sales of cohesive, disperisve and viscoadaptive OVDs, according to GlobalData, a leading data and analytics company. […]

Medical Devices

Australia’s extracorporeal membrane oxygenation devices market to grow at 6% over next five years, forecasts GlobalData

The extracorporeal membrane oxygenation (ECMO) devices market in Australia grew by 25% between 2019 and 2020 and is expected to grow at a compound annual growth rate (CAGR) of about 6% between 2021 and 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Extracorporeal Membrane Oxygenation (ECMO) Devices (Cardiovascular Devices) Global […]

Medical Devices

Global intraocular lens (IOL) market set to reach $5.2bn by 2030, says GlobalData

The global intraocular lens (IOL) market was valued at $3.5bn in 2020 and is set to increase at a compound annual growth rate (CAGR) of 4.1% due to the increasing sales of Monofocal, Multifocal, Toric and Polymethyl Methacrylate (PMMA) IOLs according to GlobalData, a leading data and analytics company. This market valuation by GlobalData takes […]

Medical Devices

South Korea renal dialysis market to witness 12.5% growth through 2025, forecasts GlobalData

The renal dialysis market in South Korea is expected to grow at a compound annual growth rate (CAGR) of 12.5% between 2020 and 2025, driven by the increasing use of hemodialysis machines and peritoneal dialysis (PD) for the treatment of end-stage renal disease (ESRD), forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, […]

Medical Devices

COVID-19 has accelerated the use of home dialysis, says GlobalData

The trend toward utilizing home care for dialysis patients has been occurring for several years and the COVID-19 crisis has accelerated the rate of adoption. The renal dialysis machines market grew by 8% in 2020 and is projected to reach $2.7bn by 2030, according to GlobalData, a leading data and analytics company, with the home […]

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Medical Devices

COVID-19 has accelerated demand for handheld ultrasound devices in China, says GlobalData

Aortic stent grafts market in Australia to grow at 15% CAGR over next five years, says GlobalData

China ventilators market to exceed US$275m by 2030, forecasts GlobalData

Japan Transcatheter Aortic Valve Replacement (TAVR) market to exceed US$450m through 2025, forecasts GlobalData

Diabetes care devices market will reach $25.4bn by 2025

China will continue to account for about 50% of oxygenators market in Asia-Pacific through 2025, says GlobalData

China point of care PCR systems market to witness 10.6% growth through 2025, forecasts GlobalData

Aesthetic fillers to drive Japan aesthetic injectables market to over US$150m in 2025, forecasts GlobalData

Anesthesia and respiratory devices market to reach $20bn in 2025 driven by recent surge in 510(k) clearances, says GlobalData

Phoenix Cardiac Devices to shake up mitral valve treatment markets with BACE device, says GlobalData

South Korea shoulder replacement devices market to grow at 5.5% CAGR over next five years, forecasts GlobalData

Data analytics crucial for continued growth of orthopedic market, says GlobalData

Test market outlook dying down as vaccinations continue, says GlobalData

Integra’s Q1 financials indicate rebound in neurosurgical procedures following significant delays in 2020, says GlobalData

COVID-19 pandemic wiped out $4.8bn in the orthopedic market in 2020, says GlobalData

Global ophthalmic viscoelastic devices market set to reach $1.4bn by 2030, says GlobalData

Australia’s extracorporeal membrane oxygenation devices market to grow at 6% over next five years, forecasts GlobalData

Global intraocular lens (IOL) market set to reach $5.2bn by 2030, says GlobalData

South Korea renal dialysis market to witness 12.5% growth through 2025, forecasts GlobalData

COVID-19 has accelerated the use of home dialysis, says GlobalData

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