Capital reallocation out of U.S. helping emerging markets, says PIMCO's Pramol Dhawan
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Bloomberg
2 hours ago
- Bloomberg
Brazil's BRICS Fixation Has Delivered Few Benefits
As leaders of the China-led group of emerging-market economies known as the BRICS descend on Rio de Janeiro for their summit starting Sunday, expect the usual coterie of talking heads offering prepared remarks to the media with the city's iconic Sugarloaf mountain serving as a picturesque backdrop. And yet, behind the diplomatic niceties and pledges of cooperation lies an uncomfortable truth for Brazil, which is that the value of belonging to this incoherent club that also consists of Russia, India and South Africa is rapidly diminishing. Since its founding in 2009, the bloc has presented itself as an alternative to the postwar global order shaped by the US and its developed-nation allies. Instead of a system based on liberal democratic values, the BRICS promote an alternative view that favors multipolar engagement and leveling the playing field for developing nations. The idea has caught on, with Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia and the United Arab Emirates becoming members.
Yahoo
18 hours ago
- Yahoo
BCC Research Releases 2024 Medical Devices Market Research Review
"Exploring the Dynamic Growth and Regulatory Evolution of the Global Medical Device Industry: A Comprehensive Analysis of Market Trends, Technological Advancements, and Emerging Opportunities in the Post-COVID-19 Era" BOSTON, July 3, 2025 /PRNewswire/ -- BCC Research announces the release of its "2024 Medical Devices Research Review," which provides insights into the rapidly growing global market for medical devices. The report highlights projections of significant growth across many segments, driven by technological advances and increasing healthcare expenditures. Key Highlights: Medical Devices Market: The market is projected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029. Compound Annual Growth Rate (CAGR): 9.8%. Elder Care Services and Assistive Devices Market: The market is projected to grow from $868.2 billion in 2024 to $1.1 trillion by the end of 2029. CAGR: 5.8%. Drug-Device Combinations Market: The market is projected to grow from $129.4 billion in 2024 to $199.8 billion by the end of 2029. CAGR: 9.1%. Research Coverage and Insights: The medical device industry has shown resilience and growth despite recent economic challenges. This sector is under public and governmental scrutiny, leading to numerous regulatory changes, especially in the largest market, the U.S. These changes aim to make healthcare more affordable and accessible. The industry is also expanding into new markets, particularly in emerging economies with diverse needs and opportunities. Here are 9 key points: 1. Economic Resilience and Growth: The medical device industry has continued to grow despite challenging economic conditions. Increased public and governmental scrutiny has led to regulatory changes. 2. Regulatory Changes: The U.S. is leading the trend with changes to make healthcare more affordable. Stringent regulations in the developed markets of U.S. and Europe push manufacturers to innovate. 3. Emerging Markets: New markets in emerging economies present significant opportunities. These markets have varying needs, driving demand for diverse medical devices. 4. Technological Advances: There is a growing demand for state-of-the-art medical devices. Advanced devices are being developed with new materials and capabilities to meet stringent regulations. 5. Value-Based Healthcare: There is a shift towards value-based healthcare, where decisions are based on outcomes. This shift has increased scrutiny of device technology. 6. Leading Companies: Key companies include Medtronic, Abbott, Johnson & Johnson, Siemens Healthineers, and GE Healthcare. These companies are significant contributors to the market's growth and innovation. 7. Market Outlook: The medical device industry is a multi-billion-dollar sector with a strong growth outlook. Devices are often more effective in the treatment and diagnosis of various conditions than drugs. 8. Home Healthcare: There is a growing demand for low-cost technology for home healthcare. The industry is developing devices that can be used by individuals with minimal healthcare experience. 9. Impact of COVID-19: The global pandemic has had both positive and negative impact on the industry. The market is adjusting to post-pandemic conditions, which warrants close investigation. Research Summary: The 2024 Medical Devices Research Review exemplifies the type of quantitative market data, analysis, and guidance that BCC Research has provided since 1971. This research review includes highlights and excerpts from the following reports published by BCC Research in 2024: HLC062E Elder Care Services and Assistive Devices: Global Markets. PHM045F Global Markets for Drug-Device Combinations. MDS010C Medical Devices Industry: Competitive Landscape. HLC071E Infusion Pumps and Devices: Technologies and Global Markets. HLC170F Medical Devices: Technologies and Global Markets. HLC129B Microelectromechanical Systems (MEMS) in Global Medical Markets. HLC083D Ophthalmic Devices, Diagnostics, and Surgical Equipment: Global Markets. HLC154C Surgical Equipment: Technologies and Global Markets. HLC192D Wearable Medical Devices: Technologies and Global Markets. This Research Review provides a consolidated overview of key market insights from recent reports. For further context and detailed analysis, the full reports referenced in this review offer additional depth on each topic. For further information on any of the reports or to make a purchase, contact info@ About BCC Research BCC Research market research reports provide objective, unbiased measurement and assessment of market opportunities. Our experienced industry analysts' goal is to help you make informed business decisions free of noise and hype. Contact Us Corporate HQ: 50 Milk St., Ste. 16, Boston, MA 02109, USA Email: info@ Phone: +1 781-489-7301 For media inquiries, email press@ or visit our media page for access to our market research library. Any data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. Logo - View original content to download multimedia: SOURCE BCC Research LLC Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
18 hours ago
- Bloomberg
BRICS Aspires to Occupy Global Ground Vacated by US Under Trump
Ever since BRICS was founded more than a decade ago, the group of emerging-market nations has struggled to identify a common purpose. President Donald Trump's tariffs may have solved that problem. BRICS leaders meeting in Rio de Janeiro this weekend for a summit hosted by Brazilian President Luiz Inacio Lula da Silva are expected to sign up to a joint statement decrying 'the rise of unjustified unilateral protectionist measures' and the 'indiscriminate raising' of tariffs. That's what foreign ministers from the bloc named for oldest members Brazil, Russia, India, China and South Africa agreed to in April, and several officials said the text would remain in the communique.
