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GlobalData
GlobalData

Medical Devices

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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Remote patient monitoring market set to surpass $645m by 2025 as COVID-19 pandemic drives growth

Remote patient monitoring (RPM) is set to benefit from the COVID-19 pandemic and the growing aging population around the world. The global market value for RPM is projected to grow by 18% in the next five years to surpass $645m by 2025, according to GlobalData, a leading data and analytics company. Kevin Dang, Medical Devices Analyst at GlobalData, comments: “With the global pandemic forcing many to remain at home, there is now an emphasis on patient-centered care that is becoming more dependent […]
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TAVR market projected to reach nearly $5bn in US alone by 2030 as treatable populations continue to be added

While transcatheter aortic valve replacement (TAVR) procedures are historically reserved for elderly population, these devices are increasingly being used in younger and younger patients as they provide reduced hospital stay and recovery time. Therefore, due to the growing treatable populations for these devices, leading data and analytics company GlobalData predicts that the TAVR market may […]
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Quidel’s COVID-19 antigen test likely to be of interest to low-income countries

Following Quidel’s third Food and Drug Administration’s (FDA) emergency use authorization (EUA) of a COVID-19 antigen test; Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “Quidel’s COVID-19 test could be of great interest to low-income countries that typically cannot afford population-wide testing due to the cost-effectiveness of […]
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Surge period expected for $590m ERCP & PTC devices market but this will not offset COVID-19 revenue loss

Currently expected to be valued at $590m by the end of 2020, the global endoscopic retrograde cholangiopancreatography (ERCP) and percutaneous transhepatic cholangiography (PTC) devices market is anticipated to grow at a compound annual growth rate (CAGR) of 3.5 despite the negative impact of COVID-19, as these devices are necessary to resolve obstructions of the pancreatic and […]
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APAC sterilization equipment market to grow at 2% CAGR through 2030, forecasts GlobalData

Preventing the spread of contaminants has become more challenging in COVID-19 era. Against this backdrop, the Asia-Pacific (APAC) sterilization equipment market is expected to grow at a compound annual growth rate (CAGR) of 2% through 2030, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Sterilization Equipment (General Surgery) – Global Market Analysis and […]
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Thyroid function tests market in India to reach US$125m in 2025, says GlobalData

Driven by the growing clinician preference for testing, increasing number of hypothyroidism and hyperthyroidism cases especially among pregnant women, neonates and geriatric population, and growing public awareness, thyroid function tests (TFTs) market in India is expected to reach US$125m in 2025, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Medical Intelligence […]
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Aesthetic injectables market in APAC to reach US$3.8bn in 2030, forecasts GlobalData

Driven by the growing number of aesthetic procedures, technological advancements, growing urban population, preference to non-surgical and minimally invasive procedures and better patient outcomes, the aesthetic injectables market in Asia-Pacific (APAC) is expected to reach US$3.8bn in 2030, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Aesthetic Injectables (General Surgery) – Global […]
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