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GlobalData
GlobalData

Medical Devices

SetPoint Medical’s funding highlights investor confidence in neuromodulation approaches for autoimmune conditions, says GlobalData

SetPoint Medical has recently secured $140 million in private financing to advance the commercial rollout of its SetPoint System, marking a major milestone in neuroimmune therapy for rheumatoid arthritis (RA). This funding underscores strong investor confidence in pioneering neuromodulation approaches to treating chronic autoimmune conditions, says GlobalData, a leading data and analytics company. The SetPoint […]
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Australia X-ray systems market to expand at 4% CAGR through 2036, forecasts GlobalData

Australia’s medical imaging landscape is undergoing a transformative shift as artificial intelligence (AI) redefines diagnostic accuracy in chest X-rays. By integrating clinical data with imaging, AI is enabling earlier detection of diseases such as pneumonia, lung cancer, and tuberculosis. Against this backdrop, the X-ray systems market in Australia is anticipated to grow at a compound […]
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Thermo Fisher’s FDA approval for NGS-based companion diagnostic to advance personalization of lung cancer treatment, says GlobalData

The US Food and Drug Administration (FDA) has granted accelerated approval to HERNEXEOS (zongertinib)-a HER2 selective tyrosine kinase inhibitor- for adults with previously treated, unresectable or metastatic non-small cell lung cancer (NSCLC) harboring HER2 tyrosine kinase domain activating mutations. Simultaneously, the FDA approved Thermo Fisher’s Oncomine Dx Target Test as the companion diagnostic (CDx) to […]
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North America capsule endoscopy market to register 6.2% CAGR over 2024-34, forecasts GlobalData

Capsule endoscopy is a non-invasive approach that aids healthcare providers in diagnosing conditions such as gastrointestinal bleeding, Barrett’s oesophagus, inflammatory bowel disease (IBD), and other gastrointestinal disorders. Driven by growing demand for minimally invasive procedures, the capsule endoscopy market in North America is set to experience steady growth, registering a compound annual growth rate (CAGR) […]
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ICP monitoring devices market grows modestly amid clinical reliance, limited innovation and access gaps, finds GlobalData

Intracranial pressure (ICP) monitoring devices remain essential in managing neurological emergencies, yet the market is maturing slowly amid limited innovation and entrenched clinical preferences. With annual growth at just 2.4%, the sector is shaped more by procedural reliability than technological disruption. Despite their proven value, broader adoption hinges on integrating innovation with clinical workflows and […]
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Evolving EU, UK regulations challenge medical device firms to adapt market entry strategies, says GlobalData

The medical device industry is confronting a rapidly shifting regulatory landscape shaped by recent reforms in the EU and UK. With heightened scrutiny, stricter compliance requirements, and centralized oversight, manufacturers must adapt swiftly. These developments are reshaping market entry strategies, influencing innovation timelines, and compelling companies to reassess operational agility to maintain competitiveness and ensure […]
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South Korea immunochemistry analyzers market to grow at 4% CAGR through 2036, forecasts GlobalData

Driven by the rising demand for advanced diagnostics, technological advancements, and aging population, the market for immunochemistry analyzers in South Korea is expected to expand at a compound annual growth rate (CAGR) of 4% between 2025 and 2036, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Immunochemistry Analyzers Market Size by Segments, Share, […]
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Taiwan neurosurgery robotic surgical systems market to grow at 9% CAGR through 2036, forecasts GlobalData

Taiwan’s neurosurgery robotic surgical systems market is gradually gaining ground, driven by the growing demand for minimally invasive procedures, an ageing population, and rising chronic health conditions. Owing to these factors, the neurosurgery robotic surgical systems market is set to expand at a compound annual growth rate (CAGR) of 9% through 2036, forecasts GlobalData, a […]
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European medtech companies to face uphill battle to maintain market shares from China’s import restrictions, says GlobalData

European medical device manufacturers are facing fresh pressure after China introduced new procurement limits on foreign-made equipment this month. The policy bars state hospitals and institutions from buying European devices in contracts exceeding 45 million yuan (roughly $6.3 million). This price range covers many of the most advanced tools used in hospitals. Medical giants such […]
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Australia eyes medtech leadership with bold investment drive, says GlobalData

Australia’s bold $65.5 million investment in biomedical and medical technologies (medtech) marks a strategic shift toward healthcare innovation and self-reliance. By boosting domestic R&D and manufacturing, the country aims to improve patient outcomes and reduce import dependency. With additional funding for chronic disease solutions, Australia is positioning itself as a hub for next-generation medical device […]
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US tariff expansion on Chinese medical devices could significantly disrupt global supply chain, says GlobalData

Leading US medtech firms have mobilized on Capitol Hill to oppose proposed Section 301 tariffs on Chinese medical devices. Industry representatives, including AdvaMed, are urging lawmakers and trade officials to reconsider the tariff expansion amid growing concerns over its economic and clinical impact. The tariffs could significantly disrupt global supply chains and inflate healthcare costs, […]
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Transcatheter mitral valve repair market in India to grow at 17% CAGR through 2036, forecasts GlobalData

Transcatheter mitral valve repair (TMVR) is among a rising class of catheter-based therapies for heart defects and valve disorders, providing a critical treatment option for patients with severe mitral regurgitation associated with obesity, hypertension, and type 2 diabetes who are not suitable candidates for surgery. The TMVR market in India is projected to grow at […]
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New CGM-enabled insulin delivery systems address demand for automated diabetes care, says GlobalData

With around 2 million Americans living with type 1 diabetes, and an increasing number of insulin-requiring type 2 cases, the US healthcare system is experiencing growing demand for simplified, automated diabetes care. The integration of Abbott Laboratories’ FreeStyle Libre 3 Plus continuous glucose monitor (CGM) with the Tandem t:slim X2 insulin pump system marks a […]
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Japan cardiac marker tests market to reach $19 million by 2036, forecasts GlobalData

The increasing global burden of cardiovascular diseases (CVD), driven by lifestyle-related risk factors and limited access to early diagnostics, has accelerated the demand for advanced, data-driven medical solutions. Against this backdrop, Japan’s cardiac marker tests market value is forecast to reach $19 million by 2036, according to GlobalData, a leading data and analytics company. GlobalData’s […]
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