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GlobalData
GlobalData

Medical Devices

Abbott Laboratories feels optimistic about recovery in cardiovascular device market amid major losses halfway through 2020, says GlobalData

Following the news that procedure volumes with Abbott Laboratories’ cardiovascular devices have recovered to approximately 90% of pre-COVID-19 volumes; Richard Hyde, Medical Analyst at GlobalData, a leading data and analytics company, offers his view on the subject: “Abbott Laboratories is one of the highest performing medical device companies in the COVID-19 era and ranks second […]
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Sample pooling to accelerate COVID-19 testing, says GlobalData

Following the news that Quest Diagnostics received emergency use authorization (EUA) from the Food and Drug Administration (FDA) for its sample pooling-based COVID-19 test; Brian Hicks, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers his view: “At a time when more COVID-19 tests are being conducted, yet negative results are generally […]
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US hospitals alone purchase $94m PPE in H1 2020 – GlobalData considers latest N95 mask prototype developed by Boston researchers

In the first half of 2020, hospitals in US alone have purchased $94m of PPE, according to GlobalData, a leading data and analytics company. Additionally, numerous countries around the world have passed laws making face masks mandatory in public places, increasing the demand even further. GlobalData expects the US PPE market to grow at an […]
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With world’s most affordable COVID-19 test kit launch, India to focus on medical devices exports, says GlobalData

Following the news that the Indian Institute of Technology (IIT) Delhi has launched a low-cost COVID-19 diagnostic kit under the name Corosure; Rohit Anand, Medical Devices Analyst at GlobalData, a leading data and analytics company, offers his view: “The demand for COVID-19 care medical devices has increased significantly with the number of new cases growing […]
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Hematology testing can be potential diagnostic biomarker in predicting severity of COVID-19 in India, says GlobalData

With the rapid increase in the number of COVID-19 cases across India, identifying the critically ill COVID-19 patients in the early stage of infection can help in assessing the risk stratification and clinical management. Critically ill patients will show a progressive decrease in peripheral blood lymphocytes and this could be a predictive marker in identifying […]
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Telemedicine industry set to reach $20bn by 2024

Following the recent proposition from the Centers for Medicare & Medicaid Services (CMS) to loosen restrictions on home health providers’ use of telehealth permanently after the COVID-19 pandemic; Kamilla Kan, Medical Analyst at GlobalData, a leading data and analytics company, offers her view on the recent news: “The telemedicine industry has been rapidly expanding during […]
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Developing disposable components for flexible video colonoscopes important in light of COVID-19 pandemic, says GlobalData

Flexible video colonoscopes have replaced non-video colonoscopes to a large extent in India. Currently, manufacturers are focused on developing disposable components for flexible video colonoscopes to prevent cross-contamination. This is important in light of the current COVID-19 pandemic where infection control is paramount, says GlobalData, a leading data and analytics company. According to GlobalData’s Medical […]
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China to lead APAC perfusion disposables market between 2019 and 2030, says GlobalData

The perfusion disposables market in China is expected to grow at a compound annual growth rate (CAGR) of 1.7% and lead the Asia-Pacific (APAC) market during 2019-2030, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Perfusion Disposables – Cardiovascular Market Analysis and Forecast Model’, reveals that China was the biggest market […]
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Social media and interactive smartphone-based applications transforming aesthetics market in China, says GlobalData

While the increasing desire to enhance physical appearance and the changing attitudes towards self-image are the main market drivers of China’s aesthetic devices market, technological advances through social media and smartphone-based applications are increasingly playing a predominant role, according to GlobalData, a leading data and analytics company. GlobalData’s research reveals that the China’s aesthetic devices […]
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