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GlobalData
GlobalData

Medical Devices

Samsung Health Monitor app may disrupt South Korea’s blood pressure monitors market, says GlobalData

Samsung Electronics has recently received Software as a Medical Device (SaMD) approval for its over-the-counter and cuffless blood pressure monitoring application ‘Samsung Health Monitor app’ from South Korea’s Ministry of Food and Drug Safety (MFDS). The app will allow users to check blood pressure using a smartwatch and has the potential to disrupt the country’s […]
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The 3D Printing industry has answered the call to arms in the fight against COVID-19, says GlobalData

The rapid proliferation of COVID-19 has been putting great strain on healthcare systems across the world, with demand for critical medical equipment and supplies mounting. The additive manufacturing (AM) and 3D printing community has responded to the COVID-19 crisis, pledging to support the production of vital medical equipment for hospitals tackling the pandemic, says GlobalData, […]
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Personal protective equipment shortage to drive adoption of robots to treat Covid-19 patients in India, says GlobalData

Healthcare professionals are one of the most vulnerable groups exposed to infections. Rising number of coronavirus (Covid-19) cases and severe shortage of personal protective equipment (PPE) products across India are putting them at more risk. Against this backdrop, the adoption of robots to manage and treat Covid-19 patients is eventually expected to grow in the […]
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Price increases for N95 respirators in February 2020 exhibited substantial differences between manufacturers

The COVID-19 pandemic has resulted in an unprecedented shortage of personal protective equipment (PPE) such as N95 respirators in the US. Leading data and analytics company GlobalData estimates that sales of N95 respirators in US healthcare facilities more than doubled between December 2019 and January 2020 to surpass 50 million. Growth of this market then […]
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LivaNova helps fill demand for ECMO devices to address COVID-19 in the US

Following the announcement that LivaNova is modifying product indications for some of its cardiopulmonary devices to include extracorporeal membrane oxygenation (ECMO) therapy greater than six hours to treat COVID-19 patients; Azadeh Laffafian, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “According to GlobalData, the need for ECMO has grown […]
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Abbott down 1% in diagnostic revenues but may rally in Q2 with significant number of COVID-19 tests, says GlobalData

Following the announcement that Abbott Laboratories’ Q1 Diagnostics business revenues slightly declined year-over-year; Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “Within Abbott’s Diagnostics business segment, core laboratory revenues were down 7%. GlobalData expects this hit in revenue to be caused by the general decrease in elective […]
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AMC Health announces new telehealth IVR solutions for COVID-19 patients amid growing demand for virtual healthcare

Following the announcement that AMC Health is launching new telehealth interactive voice response (IVR) monitoring solutions with eviCore healthcare for COVID-19 patients; Azadeh Laffafian, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “The demand for telehealth has increased rapidly during the COVID-19 pandemic as hospitals and clinics attempt to […]
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Medtronic’s minimally invasive business to exhibit slow growth despite high demand for ventilators

Following Medtronic’s announcement on the impact of COVID-19 on its business; Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “GlobalData expects Medtronic’s minimally invasive business to exhibit slow growth despite the high demand for certain product lines such as ventilators. Medtronic has increased its production for these […]
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Medicare $100bn expected to relieve financial burden on providers and incentivize high-throughput coronavirus testing, says GlobalData

Following the announcement that the Health and Human Services (HHS) delivered an initial $30bn in relief funding to Medicare providers and suppliers and doubled its payment rate for high-throughput coronavirus testing; Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “This injection of cash is a welcome relief […]
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Remote patient monitoring is vital in decreasing COVID-19 hospital demand

Following the announcement that researchers at Massachusetts Institute of Technology (MIT) produced a wireless device that allows healthcare professionals to monitor patients remotely; Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “MIT’s device’s artificial intelligence (AI) capabilities enables high-risk patients to be assessed without the need to […]
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Sanofi and Luminostics’ smartphone-based test will disrupt the COVID-19 diagnostics market

Following the announcement by Sanofi and Luminostics to co-develop a smartphone-based self-testing solution for COVID-19; Aliyah Farouk, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “There are currently no commercial, over-the-counter COVID-19 self-testing solutions available. Therefore, although Sanofi and Luminostics’ test will not be ready until the end of […]
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