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GlobalData
GlobalData

Medical Devices

China mechanical heart valves market to reach $50 million by 2033, forecasts GlobalData

China is experiencing an increasing incidence of cardiovascular diseases, attributable to an aging population, escalating hypertension rates, and shifts in lifestyle. Consequently, the demand for heart valve surgeries, including mechanical valve replacements, is on the rise. Against this backdrop, China’s mechanical heart valves market is expected to reach $50 million in 2033, forecasts GlobalData, a […]
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Australia mammography equipment market poised for 7% CAGR through 2034, forecasts GlobalData

Australia’s breast cancer screening landscape is evolving, with innovation in imaging and complementary diagnostics driving a shift toward more personalized care. While mammography remains the cornerstone, new technologies such as lipid-based blood tests are improving detection in patients with dense breast tissue. This progress is expected to fuel steady growth in the mammography equipment market, […]
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AI integration to enhance echocardiography efficiency and cardiovascular diagnostics, says GlobalData

Obtaining and interpreting echocardiogram images is a lengthy process that heavily relies on the expertise of trained sonographers, a resource that is limited globally. The recent partnership between Fujifilm and Us2.ai represents a major advancement in the integration of artificial intelligence (AI) into cardiovascular diagnostics.  Incorporating AI-powered image analysis software into imaging systems will improve […]
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Digital health platforms poised to improve predictive modeling and personalized treatment strategies, says GlobalData

The integration of patient data into mobile health platforms is part of a larger trend in digital health innovation. The recent collaboration between Momentum Health and the Harms Study Group (HSG) aims to enhance pediatric scoliosis management by leveraging technology such as 3D imaging, artificial intelligence (AI), and wearable tracking. As AI, machine learning, and […]
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Medtronic embolization devices recall to impact flow diverting stents market sales, says GlobalData

Medtronic’s latest recall of the embolization devices Pipeline Vantage 027 and 021 are likely to result in revenue losses in the flow diverting stents market. While the market is projected to grow steadily, the recall may prompt healthcare providers to consider alternative devices, creating opportunities for competitors like Stryker and Terumo in the short-term, according […]
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Ultra-portable mini C-arms poised to transform point-of-care imaging, but face adoption hurdles, says GlobalData

The latest generation of ultra-portable mini C-arms are reshaping point-of-care imaging by offering compact, standalone solutions suited for tight spaces and mobile use. Recently showcased at the American Academy of Orthopaedic Surgeons (AAOS) Annual Meeting 2025, these lightweight systems enable real-time diagnostics outside traditional settings. However, their success will depend on balancing portability with image […]
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India’s diagnostic imaging market set to surpass $7 billion in 2033, with portable imaging leading accessibility push, reveals GlobalData

India’s diagnostic imaging market is poised for substantial growth, driven by rising healthcare expenditure, increasing chronic disease burden, and a growing demand for accessible diagnostic solutions. Against this backdrop, the market is expected to exceed $7 billion in 2033, growing at a compound annual growth rate (CAGR) of approximately 7%, forecasts GlobalData, a leading data […]
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GlobalData forecasts China neurosurgical robotics market to grow at 10% CAGR through 2036

The neurosurgical robotics market in China is experiencing robust growth, driven by the increasing incidence of neurological disorders, an expanding elderly population, and the escalating necessity for precision-oriented, minimally invasive procedures that enhance clinical results and reduce recovery times. Owing to these factors, the neurosurgery robotic surgical systems market will expand at a compound annual […]
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GE Healthcare’s new ultrasound system represents significant addition in breast cancer screening space, says GlobalData

GE Healthcare has announced the launch of a new automated whole-breast ultrasound (AWBU) system, designed to enhance cancer screening effectiveness in individuals with dense breast tissue. This advanced imaging technology aims to improve early detection rates and diagnostic accuracy, addressing the challenges posed by dense breasts in traditional mammography. The introduction of GE Healthcare’s new […]
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Laplace transcatheter valve faces challenges beyond just regulatory approval, says GlobalData

Laplace Interventional, a US-based medical device company focusing on transcatheter valve technology, recently announced the successful completion of a Series C funding round to support an early feasibility study of its transcatheter tricuspid valve replacement system. While the study is a key step toward regulatory approval and market access, the company faces challenges beyond regulatory […]
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Prices of orthopedic robots will drop 20-30% as compact systems and competition expand, says GlobalData

At the 2025 annual meeting of the American Academy of Orthopedic Surgeons (AAOS), many device makers presented the newest generation of orthopedic robots.  Prices of orthopedic robotic systems are expected to decline due to market competition, technological innovation, and economies of scale. In the next five years, the prices may drop 20-30% as compact systems […]
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Medtronic’s Evolut trial outcome could shake up US TAVR market, says GlobalData

Medtronic has released results from the two-year point of a clinical trial comparing its Evolut to Edwards Lifesciences’ SAPIEN. The results revealed that the Evolut showed superior performance to the SAPIEN. Specifically, the Evolut showed significantly less BVD, five times less prosthetic valve thrombosis, and nine times less hemodynamic structural valve dysfunction. The clinical trial’s […]
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Robotic surgical systems market in China to grow at 12% CAGR through 2036, forecasts GlobalData

The robotic surgical systems market in China is projected to experience significant growth, with a forecasted compound annual growth rate (CAGR) of approximately 12% through 2036. This growth is mainly fueled by innovations in artificial intelligence (AI)-powered robotic assistance and the rising elderly population leading to an increase in need for surgical interventions, reveals GlobalData, […]
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Cardiac valve repair devices market to see significant growth in Middle East and Africa, says GlobalData

Increased investments in healthcare infrastructure and advancements in medical research facilities are fostering the growth of cardiac valve repair devices in the Middle East and Africa (MEA). Additionally, the region’s aging population, improved life expectancy, and greater awareness among both patients and physicians about available treatment options contribute to the rising demand for those devices. […]
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GlobalData highlights significant impact of aging population on medical industry

The world’s population is aging at an unprecedented rate. Advancements in healthcare, improved living conditions, and declining birth rates have contributed to an increase in life expectancy. As a result, the proportion of elderly individuals in many countries is growing rapidly. This demographic shift presents both challenges and opportunities, particularly in the medical devices industry, […]
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