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Future of IVD hinges on three big industry themes, says GlobalData

In vitro diagnostics (IVD) is driving a new age shift in healthcare, fueled by advances in medical technology (medtech). These innovations are revolutionizing how diseases are detected, monitored, and managed. At the recent AdvaMed’s MedTech Conference in Toronto, digital and artificial intelligence (AI) integration, point-of-care (POC) testing, and novel biomarkers were emphasized as important tools […]
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France defense expenditure to reach $67.8 billion in 2029, forecasts GlobalData

In July 2023, France outlined its defense spending plans for the next six years in the Military Planning Law (LPM) 2024-30, expanding the modernization initiatives kickstarted by LPM 2019-25 to reflect evolving geostrategic dynamics and better incorporate emerging technologies, including unmanned and space-based assets. Against this backdrop, France is expected to increase defense spending from […]
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Tech startups well placed to proliferate in Africa as digitalization enables growth in greenfield projects, says GlobalData

With digitalization as a key enabler of organic growth in greenfield projects in Africa, technology startups are well placed to capitalize on the desire of larger and established corporations wanting to move into various enterprise technologies in the region, according to research conducted by GlobalData, a leading data and analytics company. Recent tie ups – […]
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Asthma crisis in US marginalized communities from redlining requires more than just healthcare interventions, says GlobalData

Decades after the discriminatory practice of redlining was banned in the US, its lasting impact is still driving significant health disparities, particularly in asthma prevalence, according to recent studies. These findings highlight how the combination of poor housing conditions and environmental pollutants in historically redlined neighborhoods continues to fuel the asthma crisis, particularly among children. […]
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APAC automotive seating market to record 2.4% CAGR over 2024–29, forecasts GlobalData

Automotive manufacturers are increasingly exploring different seat cushion materials that offer enhanced durability and user comfort. Furthermore, with the rise of electric vehicles (EVs), autonomous driving technology, and the increasing demand for customization and luxury features, automotive seating has become a hotbed for innovation and technological advancements. Asia, being the automotive hub globally, has been […]
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World Stroke Day: Expanding treatment eligibility and access essential to improve stroke outcomes, says GlobalData

World Stroke Day, which is observed on October 29 annually, highlights the urgent need for improved stroke care and prevention. Stroke, a leading cause of death and long-term disability, affects millions each year, with only a small percentage making a full recovery. Improved public awareness, advancements in imaging technology, and treatment innovations such as thrombectomy, […]
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Rise in chronic diseases from ultra-processed food highlights need for urgent policy intervention in India, says GlobalData

Health experts are raising concerns about the rising consumption of ultra-processed foods, which is being linked to a surge in chronic diseases such as diabetes, cardiovascular disease, and obesity in India. As the Indian food landscape becomes more reliant on convenience products, the negative health impacts of highly processed food are becoming increasingly evident, highlighting […]
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India vehicle automatic transmission market to reach 0.7 million units by 2029, forecasts GlobalData

Automatic transmission technology in the automotive industry is advancing swiftly, emphasizing improved driving comfort, fuel efficiency, and performance. In India, the rising demand for vehicles with automatic transmissions is fueled by shifting consumer preferences and technological progress. The volume of the automatic transmission market is projected to increase steadily over the next decade, reaching 709.8 thousand […]
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AI-powered drone swarms transform industries beyond defense, reveals GlobalData’s Technology Foresights

While drone swarms have been an area of technological development for many years, their practical applications have only recently gained significant momentum, particularly following increased attention during the Russia-Ukraine war, as reflected in Google search trends. The rapid advancement in AI technologies has further accelerated drone swarm control capabilities, enabling the integration of computer vision […]
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AI integration in medtech could unlock efficiency and enhance patient care, says GlobalData

At the 2024 MedTech Conference in Toronto, Canada, a central theme emerged in discussions on the future of healthcare delivery: the integration of artificial intelligence (AI) to optimize operations and improve patient outcomes. The integration of AI is poised to transform how healthcare professionals work, potentially alleviating physician burnout and creating a more patient-centric experience, […]
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Olympic medallist Fitzpatrick’s journey with atrial fibrillation showcases medtech’s role in sports cardiology, says GlobalData

The 2024 MedTech Conference in Toronto, Canada, featured a compelling patient story from Olympic medallist Connor Fitzpatrick, who recounted his battle with atrial fibrillation (AFib) as a young and highly athletic individual. Involving a permanent treatment with cardiac ablation, his journey with AFib highlights the role of medical technology in sports cardiology, says GlobalData, a […]
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Skechers’ ad strategy in Q3 2024 combines comfort, style, and inclusivity to strengthen brand appeal, reveals GlobalData

The advertising strategy of Skechers USA Inc (Skechers) during the third quarter (Q3) of 2024 (01 July to 30 September) effectively targeted a diverse audience, focusing on comfort, style, and innovation across its various product lines. The brand successfully utilized celebrity endorsements, showcased technological advancements, and embraced inclusivity to connect with consumers on an emotional […]
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Lilly’s donanemab could bring new hope to Alzheimer’s patients in Australia following lecanemab rejection, says GlobalData

Australia’s Therapeutic Goods Administration (TGA) has recently decided not to register lecanemab (Leqembi) for patients with mild cognitive impairment (MCI) or mild dementia of Alzheimer’s disease (AD). Despite lecanemab demonstrating slowing of disease progression in pivotal trials, concerns about its safety profile have led to TGA’s decision. Against this backdrop, Eli Lilly’s donanemab that has been […]
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