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Medical Devices

Boston Scientific’s Watchman FLX key driver of structural heart occlusion devices market’s aggressive growth, finds GlobalData

The structural heart occlusion (SHO) devices market registered aggressive growth in recent years, with a compound annual growth rate (CAGR) of 25% from 2015-2022. Driven mainly by Boston Scientific’s Watchman FLX device, this market has grown over 150% in 2022 compared to 2019, far outpacing other cardiovascular device markets. The SHO devices market is forecast […]

Medical Devices

Sexual and reproductive health market will continue to expand through 2030, forecasts GlobalData

The global medical devices market is poised for significant growth in the coming years, with the sexual and reproductive health segment expected to experience robust expansion through 2030, driven by increasing demand for healthcare services and technological advancements that promote the development of safe and effective products, says GlobalData, a leading data and analytics company. […]

Pharma

Majority of UK physicians believe Brexit aggravated NHS staff shortage crisis, finds GlobalData

UK healthcare professionals (HCPs) believe that Brexit had exacerbated the National Health Service (NHS) staffing crisis, according to a survey by GlobalData, a leading data and analytics company. In a GlobalData’s survey* titled “Brexit and the Healthcare Industry”, a total of 92% of surveyed physicians believed that Brexit had a negative impact on NHS staff […]

Consumer

Ramadan fuels food & beverage innovation with localized twist in Southeast Asia, says GlobalData

Ramadan is a peak sales period for food and beverage (F&B) businesses in Southeast Asia, which has a sizable Muslim population. Though high inflation suppressed consumer spending and new product development markedly in 2023, several F&B companies introduced new products with local ingredients and flavors to mark the Ramadan season. Most new launches were localized, […]

Consumer

Singapore’s Nutri-Grade system effective in promoting innovation in health beverages, says GlobalData

Singapore’s Nutri-Grade nutrient labeling system is proving to be a useful tool in stimulating competition and product innovation in the health and wellness beverages space and curbing sales of unhealthy drinks. Notably, 53% of Singaporean respondents said that health labeling (information on protein/sugar/fiber/carbohydrate content) displayed on the product packaging often or always influences their product […]

Banking

Card payments in Philippines to grow by 10.1% in 2023, forecasts GlobalData

Card payments in the Philippines are set to grow by 10.1% in 2023 to reach PHP2.5 trillion ($45.3 billion) in 2023, forecasts GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveal that the card payments market in the Philippines registered a growth of 12.3% in 2022 to reach a value of PHP2.3 […]

Pharma

Healthcare industry professionals feel more negative towards Brexit, finds GlobalData survey

More than half of the surveyed healthcare industry professionals indicated that their sentiment on the impact of Brexit on the UK’s healthcare sector became more negative, according to a survey* by GlobalData. The leading data and analytics company notes that 54% of healthcare industry professionals in the survey believed that their sentiment worsened three years […]

Consumer

Shrinkflation can cost Singapore brands long-term consumer goodwill, says GlobalData

High food and fuel inflation is taking a toll on both consumers and food and beverage (F&B) businesses in Singapore. Both manufacturers and food service operators are passing down costs to consumers through price hikes or shrinkflation, especially at a time when consumers are becoming more price sensitive. Accordingly, 57% of Singaporean respondents said they […]

Oil & Gas

Geopolitics and energy transition are the most pressing themes for oil and gas industry in 2023, says GlobalData

Geopolitics has become a pivotal macroeconomic theme for the oil and gas industry ever since the start of the Ukraine conflict. The fallout of this conflict is also critically impacting the supply chain theme as newer alliances are being forged. Nevertheless, oil and gas companies will continue to pursue newer industry themes that support the […]

Medical Devices

GlobalData forecasts global cystoscope market to exceed $2 billion by 2033

With May being Bladder Cancer Awareness Month in Canada, there is a renewed public awareness and attention towards this deadly disease and how it is screened, diagnosed, and treated. A critical component in this process is the use of cystoscopes to confirm suspected cases of colorectal cancer and the global market for which is forecast […]

Pharma

Yasmin and Mirena to take back seat from Bayer’s future drug strategy, says GlobalData

German drugmaker Bayer recently announced that it will shift the focus of its drug research away from women’s health to four core therapeutic areas: oncology, cardiovascular, neurology, and rare diseases/immunology. In the women’s health space, the company has a presence with its Yasmin brand of birth-control pills and the intrauterine device Mirena. The news of […]

Medical Devices

Music Therapy Awareness Month and medical device market share a crucial connection, says GlobalData

Music therapy is gaining popularity as it can help reduce anxiety, stress, and perceived pain levels during medical procedures requiring the use of medical devices. Moreover, it can enhance motor function and cognitive abilities in patients with neurological disorders and improve mental health and well-being in patients with psychiatric disorders. The medical device market and […]

Business Fundamentals

Jones Day and Kirkland & Ellis top M&A legal advisers by value and volume in power sector in Q1 2023, finds GlobalData

Jones Day and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the power sector in Q1 2023 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, which ranks legal advisers by the value and volume of M&A deals on which they advised. Based on […]

Business Fundamentals

Goldman Sachs and PwC top M&A financial advisers by value and volume in power sector in Q1 2023, finds GlobalData

Goldman Sachs and PwC were the top mergers and acquisitions (M&A) financial advisers in the power sector in Q1 2023 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised. Based on its Financial […]

Medical Devices

Cost of companion diagnostics in oncology will drop globally, says GlobalData

Companion diagnostics can be used to determine the appropriate approach most likely to benefit a particular cancer patient. As a result, companion diagnostic tests are witnessing a quick adoption rate, and the reagent fees of a companion diagnostic such as HER-2 and PD-1 tests can range from less than $10 to more than $100 per […]

Pharma

Arrowhead Pharmaceuticals targets unmet needs in rare lipid disorders, says GlobalData

Familial chylomicronemia syndrome (FCS) is a rare autosomal recessive disorder caused by a mutation in lipoprotein lipase. FCS is characterized by the body’s inability to break down fats in the blood, which leads to the accumulation of chylomicrons. This can cause severe health complications such as pancreatitis and cardiovascular disease. One potential approach is the […]

Medical Devices

Artificial Intelligence becomes increasingly important for eye care, says GlobalData

Artificial intelligence (AI) is a prominent theme in every industry, but especially within the medical field. AI is advancing quickly and is helping to improve several areas of healthcare. Most recently, AI is making waves in ophthalmology, according to GlobalData, a leading data and analytics company. The annual conference of the Association for Research in […]

Pharma

Antimicrobial resistance takes centre stage at ECCMID 2023, says GlobalData

Navigating the ever-increasing challenges of antimicrobial resistance (AMR), which occurs when bacteria, viruses, fungi, or parasites no longer respond to antimicrobial treatment, has been a key theme at the European Congress of Clinical Microbiology and Infectious Diseases (ECCMID) 2023 conference, says GlobalData, a leading data and analytics company. Stephanie Kurdach, Infectious Disease Analyst at GlobalData, […]

Pharma

FDA rejection to dent mirikizumab’s chances to become first-to-market IL-23 inhibitor therapy for ulcerative colitis in US, says GlobalData

The FDA recently rejected Eli Lilly’s biologic license application (BLA) for their anti-interleukin (IL) -23, mirikizumab, which is in development for the treatment of ulcerative colitis (UC). This news will likely delay mirikizumab’s entry into the US market as it will inevitably fall behind competitors, which are aiming to enter the UC market during 2021-31, […]

Insurance

Property insurers in France will see continued losses over next five years, forecasts GlobalData

The property insurance business is expected to remain a loss-making line for French insurers over the next five years, with a loss ratio (ratio of incurred losses to earned premiums) exceeding 85% during 2023-2027, forecasts GlobalData, a leading data and analytics company. According to GlobalData, property insurance in France suffered losses during 2018-22, with loss […]

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Boston Scientific’s Watchman FLX key driver of structural heart occlusion devices market’s aggressive growth, finds GlobalData

Sexual and reproductive health market will continue to expand through 2030, forecasts GlobalData

Majority of UK physicians believe Brexit aggravated NHS staff shortage crisis, finds GlobalData

Ramadan fuels food & beverage innovation with localized twist in Southeast Asia, says GlobalData

Singapore’s Nutri-Grade system effective in promoting innovation in health beverages, says GlobalData

Card payments in Philippines to grow by 10.1% in 2023, forecasts GlobalData

Healthcare industry professionals feel more negative towards Brexit, finds GlobalData survey

Shrinkflation can cost Singapore brands long-term consumer goodwill, says GlobalData

Geopolitics and energy transition are the most pressing themes for oil and gas industry in 2023, says GlobalData

GlobalData forecasts global cystoscope market to exceed $2 billion by 2033

Yasmin and Mirena to take back seat from Bayer’s future drug strategy, says GlobalData

Music Therapy Awareness Month and medical device market share a crucial connection, says GlobalData

Jones Day and Kirkland & Ellis top M&A legal advisers by value and volume in power sector in Q1 2023, finds GlobalData

Goldman Sachs and PwC top M&A financial advisers by value and volume in power sector in Q1 2023, finds GlobalData

Cost of companion diagnostics in oncology will drop globally, says GlobalData

Arrowhead Pharmaceuticals targets unmet needs in rare lipid disorders, says GlobalData

Artificial Intelligence becomes increasingly important for eye care, says GlobalData

Antimicrobial resistance takes centre stage at ECCMID 2023, says GlobalData

FDA rejection to dent mirikizumab’s chances to become first-to-market IL-23 inhibitor therapy for ulcerative colitis in US, says GlobalData

Property insurers in France will see continued losses over next five years, forecasts GlobalData

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