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The US government’s imposition of new tariffs in 2025 marks a significant shift in trade policy that has wide-reaching implications across multiple sectors, including healthcare. Among the most affected segments is the medical robotics industry, a high-growth field that blends precision engineering, artificial intelligence (AI), and life-saving applications in surgery and diagnostics. While tariffs are […]
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 […]
Cyberattack could have cost M&S up to £130m in online apparel sales so far, says GlobalData
Following Marks & Spencer resuming online orders after its cyberattack: Pippa Stephens, Senior Apparel Analyst at GlobalData, offers her view: “Marks & Spencer’s (M&S) resumption of online orders across select fashion products following a cyberattack will be a welcome relief for shoppers, with many holding off on purchases for almost seven weeks due to its […]
Trump’s move to transform US pharma manufacturing raises doubts over its effectiveness, says GlobalData
In a bold move to reshape the landscape of pharmaceutical manufacturing in the US, President Donald Trump has signed an executive order on May 5 aimed at streamlining regulatory hurdles for domestic producers while tightening the reins on foreign manufacturers. This directive, which instructs the FDA to expedite the approval process for US pharmaceutical facilities, […]
PureTech’s LYT-100 holds potential to expand treatment options for idiopathic pulmonary fibrosis, says GlobalData
Idiopathic pulmonary fibrosis (IPF) is a chronic, progressive lung disease characterized by scarring of lung tissue, leading to impaired lung function and respiratory symptoms. The emerging therapies aim to address unmet needs in IPF management by targeting specific fibrotic pathways. Therapies such as LYT-100 by PureTech, currently in Phase IIb clinical trials, show promise in […]
Renewables to account for over half of Brazil’s annual power generation in 2035, forecasts GlobalData
Brazil generates power from a diverse range of sources that include thermal sources (gas, oil, and coal), hydropower, nuclear, and renewable. Hydropower accounts for the majority of the country’s annual power generation. However, overdependence on hydropower has made the country vulnerable to droughts. To overcome the challenge, the country is rapidly developing its renewable power […]
Hong Kong (China SAR) card payments market to reach nearly $170 billion in 2025, forecasts GlobalData
The Hong Kong (China SAR) card payments market is forecast to grow by 4.5% to reach HKD1.32 trillion ($168.4 billion) in 2025, supported by a constant consumer shift towards non-cash payments, according to GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that Hong Kong saw a growth of 15.7% in card […]
Ferrero’s new US confectionery range a model for navigating tariffs and market uncertainty, says GlobalData
The need for reshoring and friend-shoring supply chains has been a long time coming. Companies that adapted early to these shifts are now better positioned to weather the challenges posed by the US trade war, as demonstrated by Ferrero‘s proactive approach, according to GlobalData, a leading data and analytics company. Hannah Cleland, Consumer Analyst at […]
Atopic dermatitis market to reach $22.4 billion in 7MM by 2033, forecasts GlobalData
Atopic dermatitis (AD) is a widespread, chronic inflammatory skin condition that can affect patients of all age. Prior to the approval of Regeneron Pharmaceuticals/Sanofi’s Dupixent (dupilumab) in 2017, the AD market had been stagnant and the pipeline for drugs in late-stage development was lacking. However, recent developments have reignited interest in AD treatments, especially as […]
Endometriosis diagnosed prevalent cases in women to reach 2.8 million across 7MM in 2034, forecasts GlobalData
The diagnosed prevalent cases of endometriosis among women ages 12–54 years in the seven major markets (7MM*) are set to register an annual growth rate (AGR) of 0.09% from 2.77 million in 2024 to 2.8 million in 2034, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Endometriosis – Epidemiology Forecast to 2034,” […]
Top 20 global payment companies’ revenue grows by 9% in 2024 as market sees structural shifts, says GlobalData
In 2024, the global payment ecosystem witnessed structural changes with digital acceleration, consumer behavior shifts, and macroeconomic pressures reshaping the industry landscape. The top 20 publicly listed payment companies by revenue have navigated this landscape with varying degrees of agility, innovation, and strategic execution. The top 20 public payment companies saw their revenues rise by […]
Airbus A350s order to allow IndiGo to gain strategic share in India’s outbound long-haul market, says GlobalData
India’s largest airline, IndiGo, has taken a decisive step in its international expansion roadmap by exercising its option to place additional orders for 30 Airbus A350-900 aircraft in June 2025, effectively doubling its initial commitment to a wide-body fleet from 30 to 60 aircraft. The move allows IndiGo to claim a strategic share in the […]
Nigeria’s renewable power capacity to reach 1.7GW in 2035, forecasts GlobalData
The renewable energy sector in Nigeria presents a wealth of growth opportunities. Nigeria plans to increase the share of renewable electricity generation to 23% in 2025 and 36% by 2030. Under the Renewable Energy Master Plan (REMP), the country planned to increase the cumulative installed capacities of small hydropower, solar PV, biomass, and wind power […]
Egypt’s renewable power capacity to reach 31.6GW in 2035, forecasts GlobalData
Egypt is endeavoring to augment the proportion of renewable energy within its electricity mix to 42% by the year 2035. The nation is actively expanding its capacity through the implementation of large-scale solar and wind energy initiatives. Against this backdrop, renewable power capacity in the country is expected to reach 31.6GW in 2035, registering a […]
Enterprises need to jump on opportunities presented by global AI sovereignty strategies, says GlobalData
AI is no longer simply a competitive differentiator for enterprises; the technology is increasingly critical to national security and economic empowerment, prompting countries across the globe to implement strategies that support AI sovereignty. While narrowly defined by some as a focus primarily on infrastructure, AI sovereignty should include a broad swath of capabilities that relate […]
EyePoint’s Duravyu holds potential to become new treatment option for wAMD, says GlobalData
EyePoint Pharmaceuticals’ Duravyu (vorolanib) is in the spotlight following its recent advancements in its Phase III trial. The company recently announced the completion of patient enrollment for LUGANO, its pivotal Phase III clinical trial. The current wet age-related macular degeneration (wAMD) treatment landscape is largely dominated by vascular endothelial growth factor (VEGF) inhibitors. Duravyu is […]
UAE’s power capacity to reach 79.1GW in 2035, forecasts GlobalData
The United Arab Emirates (UAE) boasts one of the most secure and stable electricity supply systems in the region. Leveraging its substantial natural gas and oil reserves, among the largest globally, the UAE generates sufficient electricity to satisfy domestic consumption. The nation primarily utilizes its gas for power generation and for re-injection into oil fields […]
CAR-T therapies need to overcome current limitations to unlock promising treatment possibilities for solid tumors, says GlobalData
CAR-Ts are revolutionizing the treatment of blood cancers, such as B-cell acute lymphocytic leukemia. However, their success has not yet extended to the realm of solid tumors, as no CAR-T therapy has advanced beyond Phase II in one of these indications. Overcoming current limitations and expanding the reach of CAR-T therapeutics could unlock promising new […]
UK biopharma venture financing QoQ doubles to $1.1 billion in Q1 2025, reveals GlobalData
UK biopharmaceutical companies experienced a quarter-on-quarter (QoQ) surge in venture financing, reaching $1.1 billion in the first quarter (Q1) of 2025—twice the amount raised in the fourth quarter (Q4) of 2024 and exceeding all quarterly totals from 2021. This surge highlights investor appetite for breakthrough innovation, but growing dependence on US capital and policy-driven cost […]
Sibeprenlimab’s priority review highlights potential to differentiate in IgAN space, says GlobalData
Otsuka Pharmaceutical recently announced that the FDA has accepted for review the Biologics License Application (BLA) for sibeprenlimab, which acts as A Proliferation Inducing Ligand (APRIL) inhibitor in development for immunoglobulin A (IgA) nephropathy (IgAN). This followed sibeprenlimab’s 2024 FDA breakthrough designation for the same indication. The BLA was supported by the Phase III VISIONARY […]