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GlobalData
GlobalData

Medical Devices

Royal Philips obstetrics monitoring product part of shifting landscape to remote monitoring technologies

Following the recent news that Royal Philips has launched its Avalon CL Fetal and Maternal Pod and Patch obstetrics monitoring solution for high-risk expectant mothers; Dominic Tong, Medical Device Analyst at GlobalData, a leading data and analytics company, offers his view: “The lockdown measures in place across the globe have created the perfect scenario for […]
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Guidelines for non-emergency elective procedures are released

Following the Centers for Medicare & Medicaid Services (CMS) announcement that guidelines to resume elective procedures for healthcare systems were released: Kamilla Kan, Medical Analyst at GlobalData, a leading data and analytics company, offers her view on the recent news: “In March CMS has released recommendations for healthcare providers to postpone non-emergency elective procedures in […]
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Sapien 3 approval in China fuels growth for Edwards Lifesciences amid COVID-19 pandemic, says GlobalData

Following the news that Edwards Lifesciences has received Chinese regulatory approval for its SAPIEN 3 transcatheter heart valve for the treatment of patients suffering from severe, symptomatic aortic stenosis (AS) at high risk for or unable to undergo open-heart surgery; Ashley Young, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her […]
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Use of real-world data for medical device approval significantly reduces time to market in China, says GlobalData

The National Medical Products Administration (NMPA) of China has recently expanded the list of medical devices exempted from providing locally generated clinical trial data and allowed the use of real-world data for medical device registration. These steps will encourage foreign medical device manufacturers to access the Chinese market as the new process will reduce registration […]
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Neurodiagnostic companies offering one-time use products will experience faster recovery amid pandemic

Following the news that Brain Scientific will be offering a disposable version of its electroencephalogram (EEG) headset, the NeuroCap, in addition to enhanced features; Sheryl Tang, Medical Deices Analyst at GlobalData, offers her view: “Neurodiagnostic procedures have dropped significantly due to the COVID-19 impact for several reasons, including the suspension of elective and non-essential procedures. […]
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Mammography equipment market in APAC to grow at robust CAGR of 25.1% between 2019 and 2028, forecasts GlobalData

The mammography equipment market in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 25.1% from US$0.6bn in 2019 to US$4.2bn by 2028, according to GlobalData, a leading data, and analytics company. GlobalData’s report, ‘Mammography Equipment – Diagnostic Imaging Market Analysis and Forecast Model’ states that while inclination […]
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Ultrasound systems market to outpace other imaging modalities for COVID-19 diagnostics, says GlobalData

Although it is likely that existing ultrasound systems will be repurposed to treat COVID-19 patients, growth is still expected as companies plan to ramp up production. The ultrasound systems market will therefore outpace other diagnostic imaging such as computed tomography (CT) and magnetic resonance imaging (MRI). Leading data and analytics company GlobalData forecasts the market […]
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COVID-19 not impacting cardiovascular procedures as heavily as it is other therapy areas, says GlobalData

The COVID-19 crisis is not impacting cardiovascular procedures as heavily as it is other therapy areas, since the majority of these procedures are essential, according to GlobalData, a leading data and analytics company. GlobalData estimates that 96.7% of cardiovascular procedures performed in the US are essential procedures. Eric Chapman, Medical Devices Analyst at GlobalData, says: […]
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India should encourage automation and robotics to overcome workforce shortage in medical devices manufacturing industry, says GlobalData

COVID-19 crisis can be an opportunity for the Indian medical devices manufacturing industry. However, it has resulted in the shortage of workforce and subsequently impacted the demand and supply of medical devices in India. Against this back drop, the government should encourage/incentivize India’s medical device manufacturers to integrate more automation and robotics into their manufacturing […]
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Nearly all aesthetic procedures in US are estimated to be delayed due to COVID-19, says GlobalData

Between 70–100% of all the aesthetic procedures performed in the US are estimated to be delayed, postponed or canceled due to COVID-19, as they are considered to be elective and non-essential, according to GlobalData, a leading data and analytics company. Eric Chapman, Medical Devices Analyst at GlobalData, says: “GlobalData estimates that nearly all aesthetic procedures […]
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Impact of COVID-19 on diagnostic imaging procedures in US will not be as severe compared to other therapy areas, says GlobalData

The impact of COVID-19 on diagnostic imaging (DI) procedures will not be as severe compared to other therapy areas, such as aesthetics and dental, since only 38.7% of these procedures are elective and expected to drop due to the COVID-19 pandemic, according to GlobalData, a leading data and analytics company. Eric Chapman, Medical Devices Analyst […]
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