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GlobalData
GlobalData

Medical Devices

AI advancements to accelerate China digital health sector, says GlobalData

China’s rapid advancements in artificial intelligence (AI), underscored by the recent launch of Qwen2.5-Max, Kimi k1.5, and DeepSeek v3, are sparking excitement among AI professionals. This progress is expected to have a considerable impact on multiple industries, including healthcare. Consequently, the Chinese digital health market is likely to see further developments, provided the data security […]
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Contactless vital monitoring to transform digital healthcare, says GlobalData

PanopticAI has revolutionized patient monitoring by developing the world’s first FDA-cleared app for contactless pulse rate measurement. Using remote photoplethysmography (rPPG) algorithms and smartphone cameras, this innovation eliminates the need for costly medical equipment, making healthcare more accessible and scalable, says GlobalData, a leading data and analytics company. With just a 30-second scan, the app […]
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Healthcare companies may be neglecting environmental responsibilities in AI push, says GlobalData

Since US President Trump’s first day in office, he has been rolling back environmental responsibilities, marked by withdrawing the US from the Paris Climate Agreement, which set out guidelines for developed countries to support efforts of developing countries to build clean, climate-resilient futures through financial and technological support. The recent developments in the US may […]
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Trump presidency quickly impacting several areas of healthcare, says GlobalData

US President Donald Trump has recently enacted several significant changes to the country’s healthcare policy, focusing on withdrawing from the World Health Organization (WHO), implementing anti-abortion measures, and initiating a freeze on federal grant funding. These actions have far-reaching implications for various aspects of the healthcare system, including Medicaid, according to GlobalData, a leading data […]
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Lantheus to strengthen position in nuclear imaging agents with recent acquisitions, says GlobalData

The demand for nuclear imaging agents is expected to grow significantly, driven by an aging population and advancements in imaging technologies. The industry is shifting toward more targeted, patient-specific solutions, particularly in neuroimaging and oncology, where early detection and personalized treatment are critical. Lantheus’ acquisition of Life Molecular Imaging and Evergreen Theragnostics will strengthen its […]
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Thyroid Awareness Month highlights importance of early detection and treatment, says GlobalData

Thyroid Awareness Month emphasizes the importance of early detection and effective management of thyroid disorders, which affect millions of people worldwide. By raising awareness and encouraging proactive care, this initiative seeks to improve patient outcomes and foster a better understanding of thyroid health, says GlobalData, a leading data and analytics company. The thyroid, a butterfly-shaped […]
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US pulsed field ablation market revenue surpasses $500 million in 2024, reveals GlobalData

Pulsed field ablation (PFA) is a treatment for atrial fibrillation, an irregular heartbeat disorder, with a lower chance of damaging surrounding structures than previous methods. PFA uses electrical pulses that allow for a more targeted approach in order to only destroy abnormal tissue. PFA revenue exploded in Q1 2024 after FDA approvals for Boston Scientific’s FARAPULSE […]
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South Korea bone graft and substitutes market to grow at 4% CAGR through 2033, forecasts GlobalData

The increasing prevalence of orthopaedic conditions such as osteoarthritis, osteoporosis, and trauma-related injuries is driving the need for innovative and efficient bone regeneration solutions. Against this backdrop, South Korea’s bone graft and substitutes market is set to grow at a compound annual growth rate (CAGR) of around 4% through 2033, says GlobalData, a leading data […]
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AdventHealth and Biofourmis partnership marks pivotal step in expanding whole-person care at home in US, says GlobalData

AdventHealth has recently partnered with Biofourmis to launch the AdventHealth Hospital at Home program in Florida in the US, enabling inpatient-level care for patients in the comfort of their homes. This initiative leverages Biofourmis’ enterprise platform, which combines continuous monitoring, FDA-cleared AI algorithms, and remote clinical care teams to provide personalized, holistic care. The partnership […]
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China intraocular lens market to grow at 2% CAGR through 2033, forecasts GlobalData

The increasing prevalence of myopia, particularly in high-degree cases, is becoming a significant public health concern. Severe myopia not only impairs vision but also affects daily functioning and productivity. While glasses and contact lenses are widely used, they often provide limited correction, cause discomfort, and lack permanence. These limitations highlight the growing need for advanced, […]
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South Korea aesthetic injectables market poised for 12% CAGR through 2033, forecasts GlobalData

With an increasing emphasis on achieving natural and youthful aesthetics, the demand for innovative solutions in skin rejuvenation is rapidly growing. Hybrid hyaluronic acid fillers are emerging as game-changers, offering more than hydration and volume restoration. As South Korea progresses in adopting advanced formulations to support skin health, the aesthetic injectables market is projected to […]
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NanoVibronix’s UroShield trial results hold potential to advance urinary care, says GlobalData

NanoVibronix has recently announced the successful completion of the pilot phase of its UroShield clinical trial in the US. The UroShield device is a novel ultrasonic technology that is designed to reduce catheter-associated complications such as infections, blockages, and discomfort. By generating low-frequency ultrasound waves, the device prevents bacterial colonization and biofilm formation, addressing persistent […]
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AI-driven adaptive cardiac devices revolutionize heart disease treatment, reveals GlobalData

Adaptive cardiac devices are revolutionizing heart disease treatment for real-time monitoring and dynamic therapy adjustments. By offering continuous, precise interventions, these innovations in cardiovascular healthcare promise improved patient outcomes and a shift toward more effective, responsive management of heart disease, says GlobalData, a leading data and analytics company. Unlike traditional devices such as pacemakers that […]
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South Korea Mycobacterium diagnostic tests market set to grow at 3% CAGR during 2024-2034, forecasts GlobalData

The rising burden of tuberculosis (TB) cases and advancements in molecular diagnostics are driving the growth of the South Korea Mycobacterium diagnostic tests market. Against this backdrop, the country’s Mycobacterium diagnostic tests market is projected to grow at a compound annual growth rate (CAGR) of 3% between 2024 and 2034, forecasts GlobalData, a leading data, […]
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India glucose monitoring market to grow at 2% CAGR through 2033, forecasts GlobalData

The growing prevalence of diabetes in India, combined with limited access to reliable monitoring tools, presents a significant public health challenge. Effective glucose monitoring is crucial for disease management, yet affordability and accuracy remain key barriers. Against this backdrop, India’s glucose monitoring market is forecast to grow at a 2% compound annual growth rate (CAGR) […]
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