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The burden of diagnosed chronic hepatitis B (CHB) is expected to increase at an annual growth rate (AGR) of 0.20% from an estimated 17.8 million cases in 2019 to 18.1 million in 2029 in the nine major markets (9MM*), according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Chronic Hepatitis B (CHB) […]
Diagnosed prevalent cases of T1D in France projected to increase by 44% over next decade, says GlobalData
Diagnosed prevalent cases of type 1 diabetes (T1D) in the eight major markets (8MM*) combined are expected to increase from 3.33 million cases in 2019 to 3.92 million in 2029, at an annual growth rate (AGR) of 1.77%, according to GlobalData, a leading data and analytics company. Of the 8MM, the diagnosed prevalent cases of […]
UK airlines set to benefit from staycation summer demand, says GlobalData
UK airlines could be set for a scorching summer across their domestic routes. The demise of Flybe in 2020 and the COVID-19 pandemic have left plenty of options for domestic route expansion due to many operators scaling back capacity to reduce costs, and these could bear fruit for airlines this summer, says GlobalData, a leading […]
Global major depressive disorder market to reach $7.9bn by 2029 driven by novel pipeline agents, says GlobalData
The major depressive disorder (MDD) market is expected to grow from $3.97bn in 2019 to $7.87bn by 2029 across the eight major markets (8MM*) at a compound annual growth rate (CAGR) of 7.1%, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Major Depressive Disorder – Global Drug Forecast and Market […]
Thrombectomy market to reach $465m in 2025 driven by newly approved adjustable stent retriever, says GlobalData
The thrombectomy market was estimated to be worth approximately $265m in 2020 in the US and this is expected to grow to $465m in 2025, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Neurovascular Thrombectomy Devices (Neurology Devices)’, reveals that this growth will be driven by an increase in thrombectomy procedures and […]
Half of UK consumers purchased home workout products during the pandemic and 75% intend to continue working out at home post pandemic, according to latest research from GlobalData
52.2% of UK consumers have done home workouts since March 2020 53.3% of UK consumers have bought workout products since March 2020 The average amount spent in the UK on home workout products in the last 12 months is £162 Of the UK consumers that have done home workouts since March 2020: – 31.7% say […]
Chemotherapy uptake to gradually decrease with arrival of novel therapies and biosimilars, says GlobalData
Negative CAGRs of 0.61% and 3.89% is projected for the chemotherapy drug class in the US market for haematological and solid tumors, respectively. Sales for chemotherapy in the 5EU expected to remain around $3.2bn over the next decade despite increased incidence of cancer. Trends in chemotherapy sales expected to vary widely with CAGRs ranging from […]
Closure of in-store travel agencies marks a turning point in travel retail, says GlobalData
COVID-19 has accelerated the digitization of the travel agent model, creating more shop closures as in-store agencies switch operations online. This is a necessary adaptation to changing consumer preferences, says GlobalData, a leading data and analytics company. Johanna Bonhill-Smith, Travel & Tourism Analyst at GlobalData, comments: “The long-term survival of in-store travel agencies has been […]
AstraZeneca’s and J&J’s COVID-19 vaccines manufacturing face viral vector shortages
The latest wave of COVID-19 vaccines – those from AstraZeneca and Johnson & Johnson (J&J) – are recombinant vector vaccines, which are a different molecule type from the first wave of mRNA-based COVID-19 vaccines from Pfizer/BioNTech and Moderna. As recombinant vector vaccines use a virus as a vector for DNA delivery, they will be forced […]
Global economic recovery on cusp of a boom with rollout of COVID-19 vaccines, says GlobalData
Global economic recovery is on the cusp of a boom with vaccination programs taking the front seat and stimulus packages in various economies supporting post-pandemic recovery. Despite lockdown restrictions being reimposed, economic sentiment is improving with growth poised to bounce back. Leading data and analytics company GlobalData has revised its 2021 global GDP growth rate […]
Protection insurance market will benefit from stamp duty holiday extension, says GlobalData
The initial stamp duty holiday led to a boom in UK housing market activity, and the extension announced in Budget 2021 looks set to continue the trend further. While 2021 will undoubtedly be a challenging year for insurers, as COVID-19 will continue to impact the claims landscape and new business opportunities, the Spring Budget will […]
Norse Atlantic Airways must not repeat Norwegian’s mistakes, says GlobalData
Just two months after Norwegian ceased its long-haul operations in January 2021, a new entrant into the market, Norse Atlantic Airways, plans to replace and improve upon Norwegian’s attempts to crack the low-cost transatlantic business model. Launching with a strategy from which an established airline has pulled back, especially in the COVID-19 recovery period, is […]
Double-digit growth for Zoom’s Q1 2021 sentiments, as work-from-home trend continues, says GlobalData
Zoom’s sentiment growth in Q1 2021* was driven by themes such as cloud, sustainability, and customer growth. The company continues to gain from work-from-home (WFH) trends, with mentions of revenue and customer growth increasing by around 21% in 2020 compared to 2019, finds GlobalData, a leading data and analytics company. Rinaldo Pereira, Senior Business Fundamentals […]
The pandemic may have thrown the private car a lifeline, says GlobalData
As the UK marks a year since its first population lockdown and the auto industry – among many industries – reflects on a year of unprecedented turmoil caused by the COVID-19 pandemic; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “For the global auto industry, it has been […]
Several US states are easing COVID-19 restrictions too early, says GlobalData
Texas and several other states such as Mississippi, Louisiana, and Michigan rescinding previous executive orders that were intended to slow the spread of COVID-19 could cause an emergence of more transmissible variants, says GlobalData, a leading data and analytics company. Walter Gabriel, MPH, Epidemiologist at GlobalData, comments: “The decision to ease restrictions comes in the […]
French defense spending to reach US$56.1bn in 2021 as it bolsters its domestic defense industry, says GlobalData
France’s defense expenditure has generally maintained an upward trend, barring a decrease in spending in 2019, increasing from US$46bn in 2017 to US$56.1bn for 2021, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘French Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026’, states that despite the global economic slowdown […]
Accelerated deal-making activity promises delivery of late-stage clinical candidates in head and neck cancer, says GlobalData
Rising strategic partnerships between global pharmaceutical companies to develop therapies in the head and neck cancer space can serve as opportunities for increased scientific development and business collaborations, says GlobalData, a leading data and analytics company. Aarohi Rede, BDS, MPH, Oncology Analyst at GlobalData, comments: “The past few years have seen several licensing deals globally […]
COVID-19 and sustainability among top themes set to impact power industry in 2021, according to GlobalData
COVID-19 and sustainability will continue to heavily impact the power industry, according to data and analytics company GlobalData, which has identified the top 20 themes set to have the most influence on the sector. GlobalData’s report, ‘Power Predictions 2021 – Thematic Research’, also identifies the other key themes that will shape the industry in 2021, […]
‘Upsizing’ could be one of the next major travel trends, says GlobalData
Financial situations worsening for consumers has been widely discussed amid the COVID-19 pandemic. However, many consumers managed to bypass this financial squeeze and have incidentally become efficient savers. This trend should not be overlooked by tourism companies which need to realize that not all travelers will be wanting a budget-friendly option for their next holiday, […]
There has been a 92% decrease in UK COVID-19 cases since January, says GlobalData
On March 7, 2021, the UK reported 5,265 daily confirmed cases, the lowest reported case count since the second-wave peak of over 68,000 cases on January 8, 2021. This 92% decrease in daily confirmed cases in just under two months is evidence of the effectiveness of the national lockdown, social distancing, and vaccinations, says GlobalData, […]