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GlobalData
GlobalData

Medical Devices

BVI Medical to gain compelling launch point to expand in IOL market with FineVision HP approval, says GlobalData

BVI Medical has gained FDA approval for the FineVision HP, the world’s first trifocal intraocular lens for cataract surgery. The approval allows the company to expand coverage in the intraocular lens (IOL) market and, more specifically, the multifocal IOL market. The FineVision HP patented design offers vision at far, intermediate and near distances providing an […]
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Medtronic US IDE study for Hugo system underscores growing role of robotics in women’s health, says GlobalData

Medtronic has initiated the Embrace Gynecology US investigational device exemption (IDE) study to evaluate the safety and effectiveness of its Hugo robotic-assisted surgery (RAS) system in gynecological procedures. The move reflects the increasing importance of robotics and integrated surgical platforms in women’s health and underscores the drive toward more precise, efficient, and patient-centric minimally invasive […]
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Breast Cancer Awareness Month highlights importance of innovation in CDx for personalized medicine, says GlobalData

October is Breast Cancer Awareness Month, and it highlights a disease that affects millions worldwide. In oncology, companion diagnostics (CDx) are particularly valuable because they detect cancer-specific biomarkers in patient samples and thereby guide treatment selection.  They can also be used to monitor patient response to treatment. As a core element of precision medicine, CDx […]
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India dental implants and abutments market to grow at 6% CAGR through 2034, forecasts GlobalData

India’s dental implants and abutments market is entering a decade of structural change, driven less by sheer volume growth and more by a shift in expectations from both patients and practitioners. The conversation is moving away from affordability alone toward reliability, aesthetics, and clinical outcomes. Reflecting this shift, India’s dental implants and abutments market is […]
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India 3T MRI systems market to grow at 12% CAGR through 2036, forecasts GlobalData

India’s medical imaging sector is undergoing rapid transformation with hospitals increasingly adopting advanced magnetic resonance imaging (MRI) systems to improve diagnostic accuracy. Against this backdrop, the 3T MRI systems market in India is anticipated to grow at a compound annual growth rate (CAGR) of approximately 12% between 2024 and 2036, forecasts GlobalData, a leading data […]
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Johnson & Johnson to face fierce competition from Boston Scientific in US electrophysiology device market, says GlobalData

Johnson & Johnson and Boston Scientific are currently the companies with the largest market shares in the US electrophysiology devices market. Johnson & Johnson has held majority market share for over a decade. From Q4 2024 to present, Boston Scientific’s Farawave pulsed field ablation catheter has maintained its place as the highest revenue product line […]
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Japan oncology tests market to register 2% CAGR through 2034, forecasts GlobalData

Japan’s oncology tests market is consolidating its position as a frontrunner in advancing cancer care, underpinned by the country’s growing elderly population and the escalating burden of the disease. As these pressures mount, reliance on the next-generation diagnostic technologies, central to precision oncology, is increasing. Propelled by these factors, the Japan oncology tests market is […]
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Singapore fast-tracks medtech innovation with first regulatory reliance pilot, says GlobalData

Singapore medical device sector is set for a transformative shift with the launch of the first regulatory reliance pilot, a landmark collaboration between Singapore’s Health Science Authority (HSA) and Malaysia’s Medical Devices Authority (MDA) that promises to accelerate access to advanced medical technologies across the region. These efforts will further solidify Singapore’s reputation as a […]
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Edwards Lifesciences’ TAVR growth continues as market accelerates, says GlobalData

The global transcatheter aortic valve replacement (TAVR) market is growing rapidly in both developed and emerging markets. The market is poised for substantial expansion over the next decade, reflecting both demographic trends and clinical innovation. Edwards Lifesciences has established itself as the global leader in the TAVR market. The company reported an 8.9% year-over-year (YoY) […]
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South Korea polymerase chain reaction systems market to grow at 4% CAGR through 2034, forecasts GlobalData

With the rise of emerging infectious diseases in South Korea, the importance of advanced diagnostics is becoming increasingly evident. Consequently, South Korea’s polymerase chain reaction (PCR) systems market is expected to experience a 4% compound annual growth rate (CAGR) through 2034, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Polymerase Chain Reaction (PCR) Systems Market Size […]
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PET agents gain momentum as SPECT holds strong in nuclear medicine, says GlobalData

Though single-photon emission computed tomography (SPECT) remains the dominant modality for nuclear imaging globally, positron emission tomography (PET) imaging is gaining momentum, particularly in oncology and other high-value applications, primarily driven by tracer innovation, says GlobalData, a leading data and analytics company. According to GlobalData’s recently updated “Nuclear Imaging Agents” market model, the global PET […]
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Singapore embraces AI to transform pulmonary care landscape, says GlobalData

Singapore is accelerating its position as a regional leader in advanced healthcare with the adoption of AI-powered intraoperative imaging technologies for pulmonary care. The recent regulatory approval of innovative platforms designed to enhance the early detection of lung cancer marks a pivotal step toward improving diagnostic accuracy, facilitating timely interventions, and strengthening patient outcomes in […]
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Zimmer and Stryker intensify rivalry as US knee reconstruction market tops $400 million in Q2 2025, reveals GlobalData

The US knee reconstruction market surpassed $400 million in the second quarter (Q2) of 2025, with innovation and pricing strategies reshaping competitive dynamics. While Zimmer Biomet retains the lead, Stryker’s momentum signals a potential power shift. As patient demand for advanced implants rises, market leadership will hinge on technological sophistication and clinical outcomes rather than […]
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FTC challenge to Edwards Lifesciences’ JenaValve acquisition to delay TAVR-AR device approvals, says GlobalData

The US Federal Trade Commission (FTC) recently announced its intention to block Edwards Lifesciences’ acquisition of JenaValve, a medical device company focusing on transcatheter aortic valve replacement for aortic regurgitation (TAVR-AR). The initial complaint brought against Edwards Lifesciences by the FTC includes concerns over competitive dynamics for the TAVR-AR market, as JenaValve and Edwards Lifesciences’ […]
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