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The total spinal muscular atrophy (SMA) market was estimated to be worth US$1.5bn across the seven major markets (7MM*) in 2018. This is expected to grow to US$6.6bn in 2028, at an impressive compound annual growth rate (CAGR) of 16%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Spinal Muscular Atrophy […]
Xiidra’s estimated sales of US$1.2bn by 2025 will provide boost for Novartis in ophthalmology market
Following Novartis’ acquisition of Takeda’s dry eye drug Xiidra, Alessio Brunello, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on the first and only prescription treatment approved by the FDA to treat signs and symptoms of dry eye syndrome (DES): “The deal will extend Novartis’ ophthalmology portfolio showing its […]
Despite Brexit, UK visitor numbers to Europe set to reach 64.4 million in 2023
UK departures to Europe are set to grow at a compound annual growth rate (CAGR) of 2.88% from 55.9 million in 2018 to 64.4 million in 2023, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Tourism Source Market Insight: United Kingdom’ reveals that growth is set to continue, despite the threats […]
Investment in transport construction in Africa set to reach US$69bn in 2020
Investment in transport (road, bridges and railway) construction in Africa, is set for rapid growth from US$47.1bn in 2019 to US$69bn in 2020 (in nominal terms), based on projects being tracked by GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘African Transport Networks’ reveals that growth in transport construction in Africa is being […]
Lack of differentiation to blame for Office’s troubles
Following today’s news (Monday 01 July) that Office is on the brink of launching a CVA, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Office has been outshone by both multichannel and online rivals in the form of JD Sports and ASOS, with range overlap the primary reason for […]
Renewable capacity in Brazil to exceed 60GW in 2030
The overall renewable power capacity (excluding small hydropower) in Brazil is expected to grow at a compound annual growth rate (CAGR) of 6% from 31 gigawatt (GW) in 2018 to 60.8GW in 2030, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Brazil Power Market Outlook to 2030, Update 2019 – Market […]
Almost 60% of the US construction project pipeline value is concentrated in 10 major states
Based on data from over *11,000 tracked large-scale country wide construction projects, GlobalData, a leading data and analytics company, finds that 10 major US states account for nearly 60% of the total US construction project pipeline value (US$3.7 trillion). GlobalData’s latest report: ‘Project Insight – Construction in Key US States’ reveals that, California, Texas and […]
Bid to snap up top talent in autonomous driving software continues with Apple’s Drive.ai deal
Apple’s decision to acquire Silicon Valley start-up Drive.ai this week is a reminder of the market shock facing carmakers if they fail to react to the disruptive threat posed by autonomous vehicles. Although how much Apple is paying for Drive.ai is undisclosed, what is clear is the extent to which Apple will benefit talent-wise from […]
Governments must showcase potential of HPV vaccines in cervical cancer to fight vaccine hesitancy
Following the latest research published in The Lancet highlighting the potential impact HPV vaccinations could have on cervical cancer rates, James Mather, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “Research continues to demonstrate that population-wide impact of Human papillomavirus (HPV) vaccinations is significantly reducing the prevalence of HPV. […]
Dupixent boost from FDA approval will see drug achieve blockbuster status in 2019 and estimated sales of $6.4bn in 2025
Following the news that the FDA has approved Dupixent for the treatment of chronic rhinosinusitis with nasal polyposis, Philippa Salter, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “Dupixent is the first biologic to be approved for the treatment of chronic rhinosinusitis with nasal polyposis, beating rivals in gaining market approval […]
GlobalData Retail Customer Satisfaction Awards 2019: John Lewis & Partners pick up four of 11 awards at celebratory lunch event
Last week the winners of the GlobalData Retail awards, together with clients and the media joined us at The Ivy in London for a celebratory lunch. Maureen Hinton, Global Retail Research Director at GlobalData comments: “With the news full of retailers’ woes, it was a great pleasure to be able to celebrate the success of […]
Salesforce’s $15.7bn Tableau acquisition highlights big data as key theme
The importance of big data as a key theme driving merger and acquisition (M&A) activity has been highlighted by Salesforce’s recent purchase of data visualization specialist Tableau for $15.7bn. It followed soon after Google bought another analytics company, Looker, in early June for $2.6bn. Ed Thomas, Principal Analyst in GlobalData’s Technology Thematic Research team, commented, […]
Number of luxury hotels in the US to reach 1,123 by 2022
The US will have 1,067 luxury hotels by the end of 2019. This is expected to increase to 1,123 by 2022, at a compound annual growth rate (CAGR) of 1.7%, driven by increasing numbers of Chinese tourists, says GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Destination Market Insights: US’ states that although […]
Rise of online pureplays pivotal to Bathstore’s collapse
Following today’s news (Wednesday 26 June) that Bathstore has fallen into administration, Matt Walton, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers his view on the chain’s current challenges: “Bathstore has collapsed into administration as economic conditions have discouraged shoppers from making big ticket purchases; while it also struggled to compete against […]
Lack of reimbursement will limit the impact of digital therapeutics in global healthcare market
A major barrier to the widespread use of digital therapeutics (DTx) is the limitation or lack of reimbursement by public and private health insurance providers, says GlobalData, a leading data and analytics company. Digital Therapeutics (DTx) have been defined by the Digital Therapeutics Alliance (DTA) as “delivering evidence based therapeutic interventions to patients, that are […]
Loss of Exxon Mobil unlikely to impact Norwegian upstream development landscape
Following the recent news that Exxon Mobil Corp (Exxon Mobil) is seeking bids for its Norwegian oil and gas fields, Daniel Rogers, Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the announcement: “The withdrawal of Exxon Mobil will have little impact on the Norwegian upstream landscape, with […]
Amazon set to top the UK cooking & baking market in 2019
Amazon is set to top the cooking & baking market for the first time in 2019, according to GlobalData, a leading data and analytics company. GlobalData’s report: ‘UK Cooking & Baking 2019-2024’ shows that Amazon’s share of the market will increase to 6.2% in 2019, up by 0.9ppts on last year, leaving former market leader Sainsbury’s behind […]
Regaining relevance a must for Monsoon Accessorize brands
Following yesterday’s news (Thursday 20 June) that Monsoon Accessorize has launched its CVA proposal, Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “While Monsoon Accessorize is seeking rent reductions at just over half of its 258 UK store estate, the failure of the retailer’s 2016 strategic overhaul brings into […]
GAME’s future belongs in House of Fraser
Following today’s news (Friday 21 June) that the board of GAME Digital has recommended that shareholders accept Sports Direct’s takeover bid, Zoe Mills, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “While GAME Digital has accepted Mike Ashley’s offer to buy GAME outright, it has done so begrudgingly, saddened by its […]
Withdrawal from Voyageur deal reduces pipeline depth of transformative therapies for Sanofi
Following the news that Sanofi has withdrawn from a gene therapy deal with Voyageur Therapeutics, Vinie Varkey, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on what this means for both companies: “At a time when Novartis’ Zolgensma US FDA approval for Spinal Muscular Atrophy (SMA) has certainly accelerated the […]