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April 12, 2022updated 18 Apr 2022 7:14am

Q1 2022 saw a 34% drop in COVID-19 medical device approvals

By Carmen

The number of COVID-19 indicated medical devices gaining approval in Q1 2022 saw a 34% drop when compared with Q4 2021, according to GlobalData’s medical devices marketed products database

Compared with Q1 2021, the number of COVID-19 indicated medical devices gaining approval in Q1 2022 saw a 61% drop globally.

Europe tops COVID-19 approved medical devices activity

Comparing COVID-19 medical device approvals activity in different regions of the globe, Europe held the top position for approved products (51%) in Q1 2022, followed by Asia-Pacific (28%), and North America (21%).

On a country level, the Germany had the most COVID-19 approved medical devices during the quarter, representing the largest share (38%) of the global market. In second place was India with a share of 11%, followed by Canada with 11%.

COVID-19 marketed medical devices: Development activity in Q1 2022

GlobalData’s database indicated that CE-IVD marketed medical devices that addressed the COVID-19 pandemic accounted for 24% of medical devices in Q1 2022, compared with 24% in Q4 2021.

COVID-19 medical devices obtaining EUA approval declined to 68% in Q1 2022, compared with Q4 2021.

EUA have become more common during the COVID-19 pandemic, as an expeditious mechanism to bring therapeutic devices to market more quickly than normal device approvals.

Company-developed COVID-19 medical devices lead in Q1 2022

GlobalData’s databases indicated that company-developed medical devices accounted for a 100% share of approved COVID-19 devices globally during Q1 2022, while institute-developed marketed products held the remaining share.

The quarterly average for Q1 2022 saw 100% of approved COVID-19 indicated devices originating from private and public companies, and 0% from institutes.

The Covid-19 medical devices approval data used in this article were extracted from Medical Marketed Products Database of GlobalData’s Medical Intelligence Center. Marketed Products database covers all commercialized medical devices which are intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. Marketed products are covered from regulatory bodies like US FDA, company websites, news releases, SEC filings etc. The information is collected by following systematic research techniques and proprietary methodology.

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