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Stryker has recently agreed to sell its US spinal implants business to the Viscogliosi Brothers and the newly formed company will be VB Spine. This move is expected to enable its major competitors to strengthen their position in the US spinal fusion market, which was worth an estimated $5.7 billion in 2024 and is expected […]
Early as well as growth, expansion and late-stage VC funding rounds volume declines in APAC in 2024, reveals GlobalData
A total of 4,159 venture capital (VC) deals with disclosed funding rounds were announced in the Asia-Pacific (APAC) region during 2024. This represents a decline of 13% compared to the 4,782 VC deals announced during the previous year, with a fall in the volume of early-stage* as well as growth, expansion and late-stage** funding rounds, […]
Obesity market to reach $173.5 billion sales in 7MM by 2031, forecasts GlobalData
The number of patients living with obesity keeps growing, and following the recent advances in the therapeutic space, more patients are being prescribed pharmacotherapy on top of the usual diet and exercise lifestyle changes, which by themselves are often unsuccessful. With physicians and patients awareness expected to increase, sales of obesity medications are forecast to […]
Early-stage VC funding rounds volume declines significantly in 2024 globally, reveals GlobalData
A total of 10,384 venture capital (VC) funding deals with disclosed funding rounds were announced globally during 2024, which is a decline of 11.9% compared to the 11,786 VC deals announced during the previous year. Among all VC funding rounds, early-stage funding rounds* witnessed a significant decline in their volume last year compared to 2023, […]
AI advancements to accelerate China digital health sector, says GlobalData
China’s rapid advancements in artificial intelligence (AI), underscored by the recent launch of Qwen2.5-Max, Kimi k1.5, and DeepSeek v3, are sparking excitement among AI professionals. This progress is expected to have a considerable impact on multiple industries, including healthcare. Consequently, the Chinese digital health market is likely to see further developments, provided the data security […]
APAC VC funding: Deals volume falls across most of funding sizes in 2024, reveals GlobalData
A total of 3,724 venture capital (VC) funding deals with disclosed funding value were announced in the Asia-Pacific (APAC) region during 2024. This represents a year-on-year (YoY) decline of 6.9% compared to the previous year, with a fall in deals volume in most of the VC funding size ranges, according to GlobalData, a leading data […]
Contactless vital monitoring to transform digital healthcare, says GlobalData
PanopticAI has revolutionized patient monitoring by developing the world’s first FDA-cleared app for contactless pulse rate measurement. Using remote photoplethysmography (rPPG) algorithms and smartphone cameras, this innovation eliminates the need for costly medical equipment, making healthcare more accessible and scalable, says GlobalData, a leading data and analytics company. With just a 30-second scan, the app […]
Low-value deals dominate global VC funding landscape in 2024, reveals GlobalData
A total of 12,163 venture capital (VC) funding deals with disclosed funding value were announced during 2024. Among VC deals with different funding size ranges, low-value deals* experienced a fall in numbers, while high-value deals (valued more than $100 million) registered growth in volume. However, despite the decline, low-value deals continued to dominate and accounted […]
Healthcare companies may be neglecting environmental responsibilities in AI push, says GlobalData
Since US President Trump’s first day in office, he has been rolling back environmental responsibilities, marked by withdrawing the US from the Paris Climate Agreement, which set out guidelines for developed countries to support efforts of developing countries to build clean, climate-resilient futures through financial and technological support. The recent developments in the US may […]
Areteia’s dexpramipexole holds potential to redefine respiratory health, says GlobalData
During the J.P. Morgan 43rd Annual Healthcare Conference in January 2025, Areteia Therapeutics’s CEO, Jorge Bartolome, presented a detailed review of its achievements in 2024 and outlined its 2025 plans to advance innovation in the respiratory space with its flagship candidate dexpramipexole dihydrochloride, the first oral therapy targeting eosinophilic asthma. With multiple ongoing clinical trials […]
ESG will remain core focus in tech during 2025, but fragmented by geography and company culture, says GlobalData
Environmental, social, and governance (ESG) remains an issue of strategic importance to the tech industry, despite ongoing fragmentation by geography and company culture, with the election of Donald Trump as the US president accelerating a period of short-term opportunistic push-back, says GlobalData, a leading data and analytics company. Robert Pritchard, Principal Analyst, Enterprise Technology & […]
Trump presidency quickly impacting several areas of healthcare, says GlobalData
US President Donald Trump has recently enacted several significant changes to the country’s healthcare policy, focusing on withdrawing from the World Health Organization (WHO), implementing anti-abortion measures, and initiating a freeze on federal grant funding. These actions have far-reaching implications for various aspects of the healthcare system, including Medicaid, according to GlobalData, a leading data […]
NBA teams to generate $285.8 million from jersey patch deals for 2024-25 season, reveals GlobalData
At the start of the 2024-25 National Basketball Association (NBA) season, all but three of the 30 competing teams boast an official patch partner. The league has permitted patch partners on jerseys since the start of the 2017-18 season, and the teams are financially benefitting from the additional sales opportunity. Overall, patch partnership deals are […]
Lantheus to strengthen position in nuclear imaging agents with recent acquisitions, says GlobalData
The demand for nuclear imaging agents is expected to grow significantly, driven by an aging population and advancements in imaging technologies. The industry is shifting toward more targeted, patient-specific solutions, particularly in neuroimaging and oncology, where early detection and personalized treatment are critical. Lantheus’ acquisition of Life Molecular Imaging and Evergreen Theragnostics will strengthen its […]
GlobalData 2025 Cloud Predictions: AI and economics will drive growth and change in IaaS
2024 was a good year for hyperscalers and cloud providers who capitalized on their clients’ need for access to more processing and storage due to escalating growth in data volumes. The hyperscalers continued to expand their solution portfolios, creating in some cases almost unfathomably vast catalogues. While some businesses opt to repatriate some workloads to […]
GlobalData 2025 Cybersecurity Predictions: AI to change and complicate the game
GlobalData expects in the coming year social engineering, regulatory compliance, and the need to streamline security infrastructure management to lead to shifts in the sector With every innovation that a legitimate developer creates, threat actors can and will weaponize. Despite advances in security technology, the threat environment will continue to be complex and challenging for […]
X needs to overcome significant hurdles to become WeChat of the West in payments, says GlobalData
Elon Musk’s X has taken another bold step toward realizing its super-app ambitions, securing a partnership with Visa to enable a payments push. Branded as X Money, the proposition centers on peer-to-peer (P2P) transactions, aiming to integrate payments seamlessly into the social platform. However, in a competitive payments landscape dominated by established players, turning ambition […]
Thyroid Awareness Month highlights importance of early detection and treatment, says GlobalData
Thyroid Awareness Month emphasizes the importance of early detection and effective management of thyroid disorders, which affect millions of people worldwide. By raising awareness and encouraging proactive care, this initiative seeks to improve patient outcomes and foster a better understanding of thyroid health, says GlobalData, a leading data and analytics company. The thyroid, a butterfly-shaped […]
UK retailers prepare for a buoyant Valentine’s Day as more shoppers intend to spend, says GlobalData
Almost half of UK consumers intend to spend on Valentine’s Day this year or have already started to spend on it. This is an uplift on 2024 and has been driven by those aged 25-34. With this age group more likely to have young families, consumers plan to buy for partners and significant loved ones […]
Los Angeles wildfires to impact profitability of US property insurers, says GlobalData
The Los Angeles (LA) area in the US has witnessed a devastating impact from a series of wildfires that erupted since the second week of January. There were 312 wildfires that resulted in 28 deaths and the destruction of 16,255 structures as of 29 January, with the Palisades and Eaton wildfires continuing to burn, according […]