Medical Devices

GlobalData highlights tariff implications on nephrology and urology market

The Trump Administration’s tariffs on most US trading partners are expected to impact all 510(k)-approved medical devices manufactured outside of the US (OUS). Thus, companies with OUS manufacturing will be affected by tariffs, while companies that exclusively manufacture in the US will not be impacted. Therefore, to remain competitive in the US market, nephrology and […]

Medical Devices

Tariffs to push healthcare facilities to stock up medical devices, says GlobalData

With the surge in tariffs imposed by and on the US, the medical device industry is likely to be impacted in several areas. Cost, supply chain, and market competitiveness will be altered if companies cannot afford to offset tariff costs. In response to medical device companies, healthcare facilities may stock up on medical devices to […]

Medical Devices

South Korea PCR systems market to grow at 4% CAGR through 2036, forecasts GlobalData

As South Korea continues to strengthen its healthcare infrastructure in the face of emerging infectious diseases, the role of advanced diagnostics has become more critical than ever. Against this background, the market for Polymerase Chain Reaction (PCR) systems in South Korea is projected to grow at a 4% compound annual growth rate (CAGR) during 2025-36, […]

Medical Devices

Mammography equipment market in South Korea to grow at 4% CAGR through 2036, forecasts GlobalData

The market for mammography equipment in South Korea is undergoing significant growth. This upsurge is attributable to the broadening scope of breast cancer screening initiatives, increased public awareness, and the incorporation of sophisticated imaging technologies. Owing to these factors, the mammography equipment market in South Korea is set to grow at a compound annual growth […]

Medical Devices

US structural heart occlusion market sees early 2025 growth amid trade uncertainty, says GlobalData

The US Structural Heart Occlusion (SHO) market posted a notable 39% year-over-year revenue increase in Q1 2025, amid heightened trade policy uncertainty following President Donald Trump’s re-election and the swift introduction of new tariff measures in early 2025, according to GlobalData, a leading data and analytics company. Trump’s new tariff regime includes a 10% global […]

Medical Devices

Mycobacterium tuberculosis tests market in Japan to grow at 4% CAGR through 2036, forecasts GlobalData

As one of the world’s deadliest infectious diseases, tuberculosis (TB) continues to pose a significant global health challenge, especially in low-resource settings, where the lack of timely, accurate, and accessible diagnostics hampers eradication efforts. Against this backdrop, the Mycobacterium tuberculosis tests market in Japan is projected to achieve substantial growth, with an anticipated compound annual […]

Medical Devices

US medical device companies show diverging paths on tariff strategy, says GlobalData

The Trump administration’s 2025 trade agenda is compelling US medical device companies to address escalating tariff pressures, especially those on imports from China. While some are making decisive shifts in their manufacturing strategies, others are conservatively absorbing short-term impacts and awaiting tariff stabilization. As such, firms must carefully evaluate the long-term risks of trade disruption […]

Medical Devices

Australia digital health market to grow at 8% CAGR through 2034, forecasts GlobalData.

The digital health market in Australia is set for expansion. This growth reflects the increasing integration of digital technologies into healthcare and rising demand for more accessible, efficient, and personalized medical services. With these factors in play, the digital health market in Australia is set to grow at compound annual growth rate (CAGR) of approximately […]

Medical Devices

GlobalData highlights potential impact of US tariffs on medical tourism

US trade policy has seen notable changes recently, particularly with regard to import tariffs on countries such as China. Though these policies are usually justified by economic and geopolitical considerations, they also impact other areas, including the medical device industry and, more specifically, medical tourism. One growing outcome is how these tariffs are affecting medical […]

Medical Devices

US tariffs could accelerate supply chain diversification in medtech sector, says GlobalData

The US Trade Representative’s (USTR) plan to reinstate Section 301 tariffs targets Class I and II medical devices, including orthopedic instruments frequently sourced from China. The move is expected to lead to a rise in cost pressures and supply chain risks in the medtech sector. As such, tariff pressures could accelerate supply chain diversification and […]

Medical Devices

US anesthesia and respiratory devices market faces disruption as tariffs drive supply chain shift, says GlobalData

The US anesthesia and respiratory (A&R) devices market faces major disruption as new US tariffs hit foreign-made products, with majority of all 510(k) approved devices manufactured outside the country. This raises serious supply chain concerns and may shift market dynamics in favor of domestic manufacturers, even as the market grows from $4.4 billion in 2023 […]

Medical Devices

Tariffs intensify regulatory pressures for global medical device manufacturers, says GlobalData

As global trade tensions continue to shape the economic landscape, the medical device industry is facing regulatory hurdles tied to shifting tariffs. While tariffs primarily aim to protect domestic industries, their secondary effect is complicating compliance processes and adding pressure to already stringent regulatory pathways, says GlobalData, a leading data and analytics company. When crucial […]

Medical Devices

US diagnostic imaging market faces tariff-driven supply chain and capital risks, reveals GlobalData

The US diagnostic imaging (DI) market is facing growing pressure as new US tariffs raise procurement risks and threaten supply chains. With high-value systems like computed tomography (CT) and magnetic resonance imaging (MRI) heavily reliant on global production, hospitals may delay capital spending amid uncertainty. Although domestic manufacturing offers some short-term protection, extended trade tensions […]

Medical Devices

US aspiration thrombectomy market sees rapid growth in recent years, says GlobalData

Acute ischemic strokes afflict millions of people across the world every year, and the incidence of this life-threatening medical event continues to rise, driven by higher rates of hypertension and other comorbidities. The clots and debris that choke off the blood supply within the brain during these strokes can be removed in different ways, which […]

Medical Devices

GlobalData highlights implications of US tariffs on IVD market

On April 2, the Trump administration announced tariffs on most US trading partners, including 125% on China, 31% on Switzerland, and 20% on the EU. Days later, Trump announced a 90-day pause on some tariffs, but a 10% baseline tariff remains. These tariffs are expected to impact all 510(k)-approved medical devices manufactured outside of the […]

Medical Devices

Trump’s semiconductor tariffs threaten to affect US medical device industry growth, says GlobalData

Donald Trump’s proposed semiconductor tariffs could pose a serious threat to the growth of the US medical device industry, as over half of all devices depend on semiconductors (chips) to operate. With global supply chains under strain and costs rising, especially from Taiwan-based suppliers, the healthcare sector faces looming price increases that may hinder accessibility […]

Medical Devices

Australia PET imaging agents market set to grow by 2% CAGR through 2033, forecasts GlobalData

Australia is facing a rising number of prostate cancer cases, making early detection more critical for improving patient outcomes. Against this background, the market for PET imaging agents in the country is projected to grow at a 2% compound annual growth rate (CAGR) through 2033, according to GlobalData, a leading data and analytics company. GlobalData’s […]

Medical Devices

Trump tariffs to have substantial impact on hospital supplies sector, says GlobalData

The hospital supplies sector is set to incur significant losses due to tariffs being imposed by US President Donald Trump. These tariffs are expected to affect as much as 78% of all 510k approved hospital supplies that are manufactured outside of the US, and 510k approved products are medical devices that have received clearance from […]

Medical Devices

Singapore oncology landscape set for disruption with ultrasound-based histotripsy trials, says GlobalData

Singapore’s oncology landscape is set to experience a transformative shift with the introduction of non-invasive, ultrasound-based histotripsy technology, supported by healthcare collaborations aimed at improving outcomes for liver, kidney, and pancreatic cancer patients. These advancements will help Singapore strengthen its position in global cancer research and innovation, says GlobalData, a leading data and analytics company. […]

Medical Devices

Shoulder arthroplasty positioned for substantial growth through innovation and investment, says GlobalData

As the demand for orthopedic solutions grows due to an aging population and an increase in sports-related injuries, investments in advanced arthroplasty systems become increasingly critical. Shoulder arthroplasty has historically lagged behind hip and knee replacements in terms of technological advancement and market penetration. However, recent developments, particularly in implant design and biomechanical optimization, have […]

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Medical Devices

GlobalData highlights tariff implications on nephrology and urology market

Tariffs to push healthcare facilities to stock up medical devices, says GlobalData

South Korea PCR systems market to grow at 4% CAGR through 2036, forecasts GlobalData

Mammography equipment market in South Korea to grow at 4% CAGR through 2036, forecasts GlobalData

US structural heart occlusion market sees early 2025 growth amid trade uncertainty, says GlobalData

Mycobacterium tuberculosis tests market in Japan to grow at 4% CAGR through 2036, forecasts GlobalData

US medical device companies show diverging paths on tariff strategy, says GlobalData

Australia digital health market to grow at 8% CAGR through 2034, forecasts GlobalData.

GlobalData highlights potential impact of US tariffs on medical tourism

US tariffs could accelerate supply chain diversification in medtech sector, says GlobalData

US anesthesia and respiratory devices market faces disruption as tariffs drive supply chain shift, says GlobalData

Tariffs intensify regulatory pressures for global medical device manufacturers, says GlobalData

US diagnostic imaging market faces tariff-driven supply chain and capital risks, reveals GlobalData

US aspiration thrombectomy market sees rapid growth in recent years, says GlobalData

GlobalData highlights implications of US tariffs on IVD market

Trump’s semiconductor tariffs threaten to affect US medical device industry growth, says GlobalData

Australia PET imaging agents market set to grow by 2% CAGR through 2033, forecasts GlobalData

Trump tariffs to have substantial impact on hospital supplies sector, says GlobalData

Singapore oncology landscape set for disruption with ultrasound-based histotripsy trials, says GlobalData

Shoulder arthroplasty positioned for substantial growth through innovation and investment, says GlobalData

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