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GlobalData
GlobalData

Medical Devices

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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Illumina’s spatial technology holds potential to transform understanding of various diseases, says GlobalData

Illumina has recently unveiled a groundbreaking spatial transcriptomics technology, slated for commercial release in 2026. This innovative solution is designed to empower researchers to map complex tissues and understand cellular behavior at an unprecedented scale. By providing researchers with advanced tools to study complex tissue structures and cellular interactions, the innovation has the potential to […]
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India diabetes care devices market to record CAGR of around 4% through 2033, forecasts GlobalData

India faces a severe and escalating diabetes burden, driven by rapid urbanization, lifestyle changes, and increased rates of obesity. But with growing awareness, people are getting inclined towards proactive diabetes management through technology adoption and better access to information. Advancements in artificial intelligence (AI)-driven solutions are also expected to enhance diabetes care in the country. […]
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Inari Medical acquisition could provide Stryker with foothold in peripheral vascular market, says GlobalData

Stryker recently announced the completion of the acquisition of Inari Medical, a medical device company specializing in treatment for venous thromboembolism. Acquiring Inari’s portfolio of venous thrombectomy devices could enable Stryker to gain a foothold in the rapidly growing peripheral vascular device market, says GlobalData, a leading data and analytics company. Inari Medical’s portfolio of […]
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BD intent to separate business could allow competitors to rise in IVD test markets, says GlobalData

Becton Dickinson (BD) has recently announced its intent to separate its biosciences and diagnostic solutions business. The biosciences segment includes research instruments and reagents, and single-cell multiomics, while the diagnostic solutions segment consists of microbiology and infectious disease diagnostics. According to the company, the two segments earned over $3 billion in revenue in fiscal 2024. BD’s […]
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Getinge surgical perfusion exit opens opportunities for LivaNova in CPBE market, says GlobalData

Swedish medtech company Getinge’s decision to exit the surgical perfusion business signals a strategic shift toward higher-growth areas like extracorporeal membrane oxygenation (ECMO). This move is set to benefit dominant players like LivaNova, which is well-positioned to capture the market share in the cardiopulmonary bypass equipment (CBPE) sector, which continues to show steady growth driven […]
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India robotic surgical systems market to record 10% CAGR during 2024-36, driven by increasing adoption, says GlobalData

The installation of a surgical robot at the All India Institute of Medical Sciences (AIIMS) in Delhi recently marks a testament to the Indian government’s commitment to narrowing the disparity between public and private healthcare services in terms of quality and technological advancements. In light of this context, the market for robotic surgical systems in […]
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AI-driven virtual care innovations will continue to gain traction to navigate workforce challenges, says GlobalData

With healthcare facilities facing staff shortages and increased patient loads, innovative AI-driven solutions are becoming a necessity. Solutions from companies like Vitalacy, Current Health, and Care.ai, are leveraging artificial intelligence (AI), sensor technology, and real-time monitoring to enhance patient safety and optimize hospital efficiency. As such, AI-driven healthcare innovations will continue to gain traction, helping […]
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India transcatheter aortic valve replacement market to record 24% CAGR during 2024-33, forecasts GlobalData

Heart valve diseases, particularly rheumatic heart disease and degenerative aortic stenosis, remain a major burden in India. It is worsened by socioeconomic challenges and limited healthcare access. Against this backdrop, India’s transcatheter aortic valve replacement (TAVR) market is forecast to register a compound annual growth rate (CAGR) of around 24% between 2024 and 2033, according […]
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