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shankar besta

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  • Author: shankar besta

Bacteria next big disruptor in global sustainability, says GlobalData

Engineered bacteria, genetically modified to perform specific functions or produce desired compounds, are set to revolutionize industries by providing sustainable, cost-effective solutions to global challenges, according to GlobalData, a leading data & analytics company. Kiran Raj, Practice Head of Disruptive Tech at GlobalData, comments: “Advances in synthetic biology and genetic engineering position bacteria as catalysts […]
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India orthopedic devices market to grow at 5% CAGR through 2033, forecasts GlobalData

India faces a significant burden from increasing cases of orthopedic disorders due to an aging population, rising obesity rates, and high incidences of road accidents. This combination significantly elevates the demand for orthopedic devices, with joint replacements being particularly in demand. Against this backdrop, India’s orthopedic devices market is set to grow at a compound […]
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India foodservice industry embrace eco-friendly practices to meet consumer sustainability demands, says GlobalData

India’s foodservice operators are increasingly responding to rising consumer demand for eco-friendly practices and addressing the sector’s environmental impact. Many are transitioning to greener alternatives, such as minimizing plastic use and adopting sustainable sourcing. These initiatives reflect a commitment to balancing business growth with ecological responsibility, highlighting the industry’s commitment to environmental sustainability, says GlobalData, […]
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Medtronic to challenge Boston Scientific dominance in ICD market with Aurora EV-ICD, says GlobalData

Cardiac implantable electronic devices have been a cornerstone in the management of arrhythmias for decades, but recent advancements are poised to reshape the landscape of cardiac care. Among these innovations is the extravascular implantable cardioverter defibrillator (EV-ICD), a revolutionary technology that Medtronic has pioneered with its Aurora EV-ICD system. With its advanced capabilities and minimally […]
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Tempeh gains prominence to combine sustainability with nutrition in modern food trends in APAC, says GlobalData

In the quest for sustainable and nutritious food options, tempeh stands out as a prime example of how traditional foods can meet modern health and environmental standards. Originating from Indonesia, tempeh is a plant-based protein made from fermented soybeans that has been nourishing populations for centuries. As consumers become increasingly aware of their dietary choices’ […]
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Unmet need for prophylactic and therapeutic HSV vaccines remains high as genital herpes prevalence rises, says GlobalData

GSK has recently announced its decision to halt development of its herpes simplex virus (HSV) therapeutic vaccine candidate, GSK3943104, which was under investigation for genital herpes, after a Phase I/II clinical trial failed to meet its primary efficacy goals. The vaccine was not associated with any safety concerns in the trial. However, owing to the […]
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Agentic AI set to transform industries by automating complex tasks and democratizing data access, says GlobalData

Artificial Intelligence (AI) is advancing at an unprecedented rate, bringing us closer to highly adaptive, autonomous systems like Agentic AI, which promise to revolutionize industries. Startups are leading the charge, driving innovations such as explainable AI, reinforcement learning, self-learning algorithms, and AI-powered decision-making platforms. These breakthroughs, including Agentic AI, are addressing critical challenges in scalability, […]
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Fusion foods catch consumer fancy in Asia, says GlobalData

Fusion cuisine is gaining traction in Asia as consumers become more experimental with their food choices. Casual dining establishments, in particular, are embracing fusion cuisine, moving away from traditional set menus to attract a broader clientele by offering unique flavor combinations and presentations that appeal to modern diners. The trend is catching consumers’ fancy across […]
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China to spearhead global ABS capacity additions through 2028, says GlobalData

China is likely to witness most of the acrylonitrile butadiene styrene (ABS) capacity additions globally by 2028, contributing about 95% of the total capacity additions from 13 upcoming projects, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Acrylonitrile Butadiene Styrene (ABS) Industry Outlook by Capacity and Capital Expenditure Forecasts with Details of […]
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Radiopharmaceuticals for prostate cancer to go nuclear with $6.3 billion in sales by 2030, forecasts GlobalData

Radioligand therapies (RLTs) have received prominent attention from major pharmaceutical companies in treating prostate cancer. Bayer’s Xofigo (radium-223 dichloride) demonstrated the proof-of-concept with its FDA approval for castration-resistant prostate cancer (CRPC). Interest in RLTs has since peaked, with Novartis acquiring developer Advanced Accelerator Applications and the highly effective Pluvicto (lutetium [177Lu] vipivotide tetraxetan), targeting prostate-specific […]
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APAC embraces real estate tokenization for more inclusive participation, reveals GlobalData

Asia-Pacific (APAC) is experiencing a surge in tokenization projects, particularly in the real estate sector, bringing a significant change in the market. By leveraging blockchain technology to tokenize properties, companies are streamlining the buying and selling process and expanding investment opportunities. This innovative approach is breaking down traditional barriers and making real estate investment more […]
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Health-conscious consumerism drives industry support for new alcohol labeling in Australia and New Zealand, says GlobalData

In a significant development for the alcohol industry, the Food Standards Australia New Zealand (FSANZ) is making progress towards introducing new labeling standards for alcoholic beverages in Australia and New Zealand by gaining industry support for the proposals. The support comes in the wake of growing health-conscious consumerism, as 71% of consumers in Australia say […]
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