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GeneCentric Therapeutics has recently secured $8 million in new funding to advance its RNA-based liquid biopsy platform. The financing will support the development and commercialization of GeneCentric’s platform, which enables non-invasive tumor profiling to guide treatment decisions and monitor disease progression. The funding reflects the growing investor enthusiasm for RNA-driven diagnostics in precision oncology, according […]
UAE general insurance market to surpass $20 billion by 2029, forecasts GlobalData
The general insurance market in the United Arab Emirates (UAE) is projected to grow at a compound annual growth rate (CAGR) of 10%, increasing from AED 46.2 billion ($12.6 billion) in 2024 to AED 74.4 billion ($20.2 billion) by 2029, in terms of gross written premium (GWP), according to GlobalData, a leading data and analytics […]
CNS innovator oligonucleotide licensing value surges by 339% to $2.8 billion in 2024, reveals GlobalData
Innovator oligonucleotide-based drugs targeting central nervous system (CNS) disorders have seen a remarkable 339% increase in licensing agreement deal value, rising from $640 million in 2023 to $2.81 billion in 2024, according to GlobalData, a leading data and analytics company. Oligonucleotides, which are short synthetic DNA or RNA strands, are utilized in precision medicine to […]
Penumbra to gain market share in peripheral embolization coils with Ruby XL system, says GlobalData
Penumbra has announced FDA approval for its Ruby XL system, which includes three coils; Ruby XL, POD XL, and Packing Coil XL. The Ruby XL coil can be used to frame large aneurysms. The POD XL is designed for use in high flow vessels. The Packing Coil XL is designed to adjust to the shape […]
Diagnosed prevalent cases of pulmonary arterial hypertension to decline by 0.08% AGR in 7MM during 2024-34, forecasts GlobalData
The diagnosed prevalent cases of pulmonary arterial hypertension (PAH) in the seven major markets (*7MM) are projected to decrease from 76,645 in 2024 to 76,035 in 2034 at an annual growth rate (AGR) of negative 0.08%, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Pulmonary Arterial Hypertension (PAH) – Epidemiology Analysis and […]
APAC automotive HVAC systems market to record 1.0% CAGR over 2024-29, forecasts GlobalData
As the automotive industry continues to evolve, the importance of advanced heating, ventilation, and air conditioning (HVAC) systems has become increasingly evident, particularly in the Asia-Pacific (APAC) region. With its diverse climates and rapidly growing vehicle market, the APAC region is witnessing a significant transformation in automotive HVAC systems with a heightened focus on user […]
GlobalData reveals AI investment strategies discussed in companies’ filings
As artificial intelligence (AI) discussions continue to generate buzz across industries, companies are increasingly exploring investments to harness its transformative potential. One of the prominent areas of discussion involves investment opportunities presented by the technology for customer growth and to enhance companies’ portfolios, reveals the Company Filings Analytics Database of GlobalData, a leading data and analytics company. […]
Hong Kong (China SAR) life insurance market to reach $73.7 billion by 2029, forecasts GlobalData
The life insurance market in Hong Kong (China SAR) is projected to grow from HKD489.3 billion ($62.6 billion) in 2024 to HKD575.6 billion ($73.7 billion) in 2029, registering a compound annual growth rate (CAGR) of 3.3% in terms of direct written premiums (DWP), according to GlobalData, a leading data and analytics company. GlobalData’s Hong Kong […]
Türkiye KAAN fighter jet deal to accelerate Indonesia’s defense industrial growth, says GlobalData
Indonesia’s decision to acquire 48 KAAN fifth-generation fighter jets from Türkiye marks a major leap in its defense modernization and airpower ambitions. Signed during the Indo Defence Expo and Forum held in Jakarta in June 2025, the agreement includes technology transfer and domestic production collaboration, potentially transforming Indonesia’s aerospace ecosystem, says GlobalData, a leading data […]
Mobile device-as-a-service fills current enterprise management needs, says GlobalData
Mobile Device-as-a-Service (MDaaS) market is rapidly expanding, driven by enterprises’ increasing demand for sustainability, flexibility, and comprehensive device management solutions. As organizations prioritize operational efficiency and employee satisfaction, MDaaS is emerging as a preferred choice for businesses of all sizes, particularly large enterprises with complex needs, according to GlobalData, a leading data and analytics company. […]
Australia general insurance industry to reach $93.9 billion by 2029, forecasts GlobalData
The general insurance industry in Australia is projected to grow at a compound annual growth rate (CAGR) of 8.8%, increasing from an AUD94.7 billion ($62.5 billion) in 2024 to AUD144.5 billion ($93.9 billion) by 2029, in terms of direct written premium (DWP), according to GlobalData, a leading data and analytics company. According to GlobalData’s Australia […]
Air India plane crash will harden aviation reinsurance market, says GlobalData
The fatal crash of Air India flight AI171 on June 12, 2025, has become a pivotal moment for the already tightening global aviation reinsurance market. This tragic incident resulted in the death of 241 passengers and crew members and marks the first-ever fatal hull loss of a Boeing 787-8 Dreamliner, considered one of the most […]
Asia to dominate upcoming liquids storage projects count through 2030, says GlobalData
Asia is poised to dominate the global liquid storage projects landscape, accounting for about 40% of the projects expected to commence operations by the end of the decade, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Liquids Storage New Build and Expansion Projects Analysis by Type, Development Stage, Key Countries, Region and […]
Türkiye’s renewable power capacity to reach 38.2GW in 2035, forecasts GlobalData
Türkiye boasts one of the world’s most rapidly expanding energy markets, driven by its robust economic growth. However, the country relies heavily on fossil and electricity imports to meet its domestic power demand. To reduce this dependency, the country is looking to expand is renewable capacity. In October 2024, Türkiye’s Ministry of Energy unveiled its […]
Rising obesity cases in India present significant growth opportunities for both foreign and domestic companies, says GlobalData
Obesity is a growing public health concern in India, impacting individuals of all ages and increasing the risk of chronic diseases such as diabetes, heart disease, and hypertension. Driven by unhealthy diets, sedentary lifestyles, and environmental factors, obesity is rising rapidly, impacting both urban and rural populations. This trend is driving market growth, particularly within […]
China to drive global propylene capacity additions through 2030, says GlobalData
China is poised to significantly expand its propylene production capacity by 2030, backed by strong demand for propylene derivatives such as polypropylene and propylene oxide in the building, packaging, and construction industries. Accounting for over 40% of the expected capacity additions worldwide by 2030, China is positioning itself as the dominant player in the global […]
Philippines’ annual renewable power generation to reach 69.4TWh in 2035, forecasts GlobalData
The Department of Energy in the Philippines has established an ambitious objective of attaining 35% renewable energy generation by 2030. Furthermore, the country is on a path to install 15GW of clean energy by the same year. It has also set a target of achieving 50% renewable energy generation by 2040. Against this backdrop, annual […]
US cardiovascular device market under threat from tariffs, says GlobalData
US medical device companies continue to face uncertainty and instability as President Donald Trump’s tariffs continue to disrupt the market. Major manufacturers are currently most concerned with supply chain interruptions and cost increases, leading to constant adjustments of company forecasts. Cardiovascular devices are especially vulnerable to the impacts of tariffs, as many of these devices […]
Czech Republic’s power capacity to reach 32.6GW in 2035, forecasts GlobalData
The Czech Republic boasts one of the lowest levels of power import dependence in Europe, thanks to its substantial reserves of hard coal. Nevertheless, the nation is committed to phasing out coal by 2033 and is in the process of establishing a comprehensive framework to support an inclusive transition. This transition is catalyzing investments in […]
Danone Mexico’s advertisements drive wellness and lifestyle integration for consumers, reveals GlobalData
Danone Mexico’s YouTube advertising campaigns from June 2024 to May 2025 focused on promoting health, streamlining utility, and fostering community engagement across its dairy and nutritional product lines. The advertisements depict daily family scenarios and highlight offerings with natural ingredients and reduced sugar to connect with health-aware consumers. The campaigns also emphasize children’s nutrition and […]