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GlobalData
GlobalData

Medical Devices

Increasing desire to enhance physical appearance propelling body contouring market in South Korea, says GlobalData

With a greater number of patients seeking alternatives to traditional diet and exercise to achieve their ideal body image, there is a rising demand for body contouring devices market in South Korea making it the third largest market in Asia-Pacific (APAC), says GlobalData a leading data and analytics company. GlobalData’s report, ‘Body Contouring Devices (General […]
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Impressive performance of cardiac assist devices will help cardiovascular devices market surpass $62bn by 2025, forecasts GlobalData

The global market value for cardiovascular devices is projected to grow at a compound annual growth rate (CAGR) of 6% to $62bn by 2025, according to GlobalData, a leading data and analytics company. Kevin Dang, Medical Devices Analyst at GlobalData, comments: “In the first half of 2020, we saw a significant decline in monthly revenues […]
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Japan continue to lead APAC assisted reproductive technology devices market through 2030, says GlobalData

Japan is the largest market for assisted reproductive technology (ART) devices in the Asia-Pacific (APAC) region in 2020 and is expected to remain the same through 2030, according to GlobalData, a leading data and analytics company. GlobalData’s report, Assisted Reproductive Technology Devices (General Surgery) – Global Market Analysis and Forecast Model (COVID-19 Market Impact), reveals […]
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HIV testing to reach peak market value in 2021 after declining in 2020 due to COVID-19 in South Korea, says GlobalData

The human immunodeficiency virus (HIV) tests market in South Korea is forecast to reach a peak market value in 2021 after declining by about 30% in 2020 due to COVID-19, says GlobalData, a leading data and analytics company. GlobalData’s report, HIV Tests (In Vitro Diagnostics) – Global Market Analysis and Forecast Model (COVID-19 Market Impact), […]
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Zimmer Biomet Q4 financials signal recovery of dental market amidst news of spin-off

Following the recent release of Q4 financial information and news of a spin-off of the Spine and Dental business segments from Zimmer Biomet; Dominic Tong, Medical Device Analyst at GlobalData, a leading data and analytics company, offers his view: “Zimmer Biomet’s recently disclosed its Q4 and full year 2020 financial information, showing that elective procedures like dental […]
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Demand for non-invasive genetic testing driving NIPT testing market in India, says GlobalData

Desire to delay pregnancy, increasing late pregnancy related complications and physicians opting for advanced genetic testing for high risk pregnant women during their first trimester is driving the demand for non-invasive prenatal testing (NIPT) market in India, says GlobalData, a leading data and analytics company. GlobalData’s report, Prenatal Screening Tests (In Vitro Diagnostics) – Global […]
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Medical industry should continue shift towards data protection and security amid rising cybersecurity threats during COVID-19 pandemic

The COVID-19 pandemic triggered a rapid implementation of new technologies in the medical industry, which prompted an increased amount of cyberattacks on hospitals, health systems and research facilities. Despite the fact that a greater proportion (5-10%) of the IT budget is being spent on cybersecurity, a number of barriers, such as data compliance or slow […]
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Asia-Pacific advanced wound management market to witness 7% growth through 2025, forecasts GlobalData

The advanced wound management market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 7% between 2020 and 2025, says GlobalData, a leading data and analytics company. GlobalData’s latest report, Wound Dressings (Wound Care Management) – Global Market Analysis and Forecast Model (COVID-19 Market Impact), reveals that […]
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