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Medical Devices

Eko, Caregility partner to establish position in smart stethoscope market, says GlobalData

Eko, a digital health company, has partnered with the telehealth company Caregility to develop an integrated platform for smart stethoscope technology. This collaboration comes at an appropriate time as the aftermath of the COVID-19 pandemic has created a need for more advanced healthcare solutions such as virtual examinations, says GlobalData, a leading data and analytics […]

Consumer

Japan Sake Viva! campaign should encourage consumers to drink better, not more, says GlobalData

Following the news that Japan’s National Tax Agency has launched a “Sake Viva!” contest to stimulate the consumption of alcoholic drinks among young consumers: Biswarup Bose, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “Over the last decade, alcoholic beverage sales in Japan have been waning owing to the rapidly […]

Aerospace, Defense & Security

India’s RFP for quantum communications solutions likely driven by China’s advancements in QKD development, says GlobalData

The Indian Ministry of Defence (MOD) has recently issued a commercial Request For Proposal (RFP) to the domestic deep tech startup QNu Labs to procure an advanced communications solution based on Quantum Key Distribution (QKD) technology. The MOD’s move is likely driven by concerns over the advancements made by its neighboring rival China in QKD […]

Oil & Gas

Asia to spearhead global refinery FCCU capacity additions between 2022 and 2026, says GlobalData

Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between 2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026, says GlobalData, a leading data, and analytics company. GlobalData’s report, ’Refinery Fluid Catalytic Cracking Units (FCCU) Capacity and Capital Expenditure (CapEx) Forecast by Region […]

Insurance

Japan general insurance market to reach $133.1 billion in 2026, driven by commercial insurance demand, estimates GlobalData

The general insurance market in Japan will grow at a compound annual growth rate (CAGR) of 3.0% from JPY11,155.4 billion ($101.6 billion) in 2021 to JPY12,920.7 billion ($133.1 billion) in 2026, in terms of gross written premiums (GWP), driven by a rise in demand for commercial insurance lines, forecasts GlobalData, a leading data and analytics […]

Banking

First Direct tops list of UK banks in net satisfaction of digital experience, finds GlobalData

With digital banking becoming ever prevalent in the UK, banks are scrambling to provide the best digital experience to attract and retain customers. Against this backdrop, First Direct has emerged as the leading UK bank for net satisfaction of digital experience in 2022, reveals GlobalData, a leading data and analytics company. GlobalData’s UK Competitor Benchmarking […]

Travel & Tourism

Ongoing economic, geopolitical crises make Sri Lanka tourism industry revival uphill task, says GlobalData

The travel and tourism sector is an important income generator for Sri Lanka. However, the ongoing economic crisis coupled with Ukraine–Russia war and China’s zero-COVID policy has put the sector in jeopardy. Against this backdrop, the country will face an uphill task in restoring a once thriving sector, says GlobalData, a leading data and analytics […]

Oil & Gas

Asia to spearhead global refinery hydrotreater capacity additions between 2022 and 2026, says GlobalData

Asia is expected to register the highest refinery hydrotreater capacity additions globally between 2022 and 2026, accounting for approximately 39% of the total capacity additions by 2026, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ’Refinery Hydrotreater Units Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Units, 2022-2026’, […]

Pharma

Alnylam identifies gene target for potential novel therapy for cardiovascular and metabolic disorders, says GlobalData

Alnylam Pharmaceuticals and its partners have identified rare mutations in the INHBE gene that is expressed in the liver and related to a lower waist-to-hip ratio for body mass index (BMI) reducing the likelihood of many major metabolic disorders. With such high levels of interest preventing metabolic disorders, it is likely that a drug which […]

Travel & Tourism

UK outbound travel to surpass pre-pandemic levels by 2024, finds GlobalData

British holiday flyers are set to be back in full swing, with the country’s outbound travel figures reaching 86.9 million by 2024, surpassing the 84.7 million figure recorded in 2019 despite the economic decline in Europe, estimates GlobalData, a leading data and analytics company. According to GlobalData, budget-friendly travel —especially in the country’s favorite holiday […]

Sport

Women’s sport will only gain popularity with Women’s Euros success, says GlobalData

Women’s sport has long been locked behind inaccessibility, with fewer broadcasting companies willing to spend significant money on media rights for women’s events than they are for men’s sport. However, the success of the women’s national team at the Euros may be a significant step in turning this issue of inaccessibility around, says GlobalData, a […]

Aerospace, Defense & Security

Ukraine conflict breaking stigma of loitering munitions for Western forces, says GlobalData

The conflict in Ukraine has seen significant use of loitering munitions, with the two sides using them to a great extent against both armored vehicles and personnel. Apart from holding several domestically developed models, Ukraine has also been receiving loitering munitions from the US, including the ‘Phoenix Ghost’ which was designed in part to meet […]