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The Multiple Myeloma (MM) market is expected to grow from $14.5bn in 2017 to $27.8bn by 2027 across the eight major markets (8MM*) at a compound annual growth rate (CAGR) of 6.7%, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Multiple Myeloma: Global Drug Forecast and Market Analysis to 2027’, […]
Mycobacterium Tuberculosis Tests global market will decline from $602.4m in 2017 to $584.4m by 2028, says GlobalData
The global Mycobacterium Tuberculosis Tests market is expected to decline from $602.4m to $584.4m between 2018 and 2028, at a Compound Annual Growth Rate (CAGR) of -0.3%, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Mycobacterium tuberculosis Diagnostic Tests – In Vitro Diagnostics Market Analysis and Forecast Model’, reveals that […]
FDA’s approval of Mayzent could result in $1.79bn in sales by 2026 in the 7MM, says GlobalData
Following the news that Novartis’ Mayzent (siponimod) has been approved in the US, becoming the first drug approved for patients with active secondary progressive multiple sclerosis (SPMS) in over 15 years and the first oral formulation, Mark Needham, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “This is a landmark […]
TUI’s profit warning likely to be the first of many linked to 737 MAX grounding, says GlobalData
TUI today announced that its annual profits will be severely impacted by the global grounding of Boeing 737 MAX jets. Nick Wyatt, Head of R&A, Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on the announcement: “TUI’s 737 MAX-related profit warning announcement feels like a watershed moment. “It marks […]
Vestas re-establishes leading position as global wind turbine manufacturer in 2018, reveals GlobalData
Vestas Wind Systems A/S has re-established itself as the leading manufacturer for wind turbines with over 10GW, or 19.6% share, of global installations in 2018, according to GlobalData, a leading data and analytics company. According to Vestas, high level of project commissioning in Americas, Europe, and steady installation activity in Asia-Pacific has aided the company […]
Global Bone Grafts and Substitutes market expected to reach $3.2bn by 2028, says GlobalData
The global Bone Grafts and Substitutes market is expected to reach $3.2bn by 2028, growing at a Compound Annual Growth Rate (CAGR) of 4.2%, according to GlobalData, a leading data and analytics company. The company’s report, ‘Bone Grafts and Substitutes, Global Outlook, 2015-2028 reveals that Asia Pacific will be one of the fastest growing regions […]
51.7% of UK dog owners predicted to use fitness trackers for pets to reduce insurance, says GlobalData
Following yesterday’s news in the Financial Times that fitness trackers are entering the pet insurance market, Daniel Pearce, Insurance analyst at GlobalData, a leading data and analytics company, offers his view: “Incorporating technology into wearables will undoubtedly be a hit with UK dog owners, with 10.9% currently using and 51.7% open to using the technology […]
UK construction companies risk labour shortage, with only 17.8% of SMEs offering protection benefits, says GlobalData
With almost 1.2 million small and medium sized construction companies in the UK, the sector has more SME’s than any other UK based industry. However, only 17.8% of SMEs in the construction sector offered critical illness cover to all their employees in 2018; this percentage falls to 16.8% for income protection, according to GlobalData, a […]
Sports Direct ‘possible’ offer for Debenhams looks anything but, says GlobalData
Following the news that Mike Ashley is considering a £61m bid to take full control of Debenhams, Patrick O’Brien, UK Research Director at GlobalData, a leading data and analytics company, offers his view: “While Mike Ashley’s desire to buy Debenhams and merge it with House of Fraser is clear, his talk of a £61m offer, […]
BMW could take over Honda’s Swindon facility for UK output boost, says GlobalData
Following today’s news (27 March 2019) that BMW has expressed an interest in buying Honda Swindon factory, Dave Leggett, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Restructuring in the UK auto sector could play out in unforeseen ways as trading conditions change due to Brexit. BMW will be looking […]
Measles outbreak in New York suburb sparks a wake-up call for US public health, says GlobalData
Following the news on 26 March 2019 that a state of emergency had been declared in the Rockland County in New York, following 153 incidences of measles since October 2018, James Mather, MChem, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on the public health crisis emerging in the US: […]
Dendritic Cell-Based vaccine galvanizes chemotherapy and boosts survival from ovarian cancer, says GlobalData
Sotio, a biotechnology company owned by the Czech PPF Group, presented results from SOV02, a phase II clinical trial evaluating DCVAC/OvCa dendritic cell-based cancer vaccine in patients with relapsing platinum-sensitive ovarian cancer, during the 50th Annual Meeting of the Society of Gynecologic Oncology (SGO) in March 2019. Adding DCVAC/OvCa to platinum-based chemotherapy improved overall survival […]
Auto megatrends reveal Renault-Nissan mooted tie-up with FCA could kick-start the industry’s renewed race for scale, says GlobalData
Following the news that Renault is seeking to restart merger talks with Nissan within 12 months as the first step toward the creation of a bigger auto conglomerate that will involve a bid by both companies for Fiat Chrysler Automobiles (FCA), as reported in the Financial Times; Calum MacRae, Director of Automotive Product Development at GlobalData, […]
Augmented Reality is key to bringing transformation in utility operations, says GlobalData
Augmented reality (AR) and its variants; virtual reality, assisted reality and mixed reality, are set to take off in a big way and offers to bring in new value to the energy sector. Amit Sharma, Power Analyst at GlobalData, a leading data and analytics company, offers his view on the role of AR in bringing […]
Limited risk to oil majors’ investments from energy transition in medium term, says GlobalData
Major oil and gas companies are increasingly highlighting the alignment of their corporate strategies with climate change goals. They are also pursuing major production growth projects, but the value risk to these investments from the energy transition is limited, according to GlobalData, a leading data and analytics company. The company’s latest analysis shows that planned and […]
Non-invasive prenatal testing expected to challenge maternal serum screening tests market to 2028, says GlobalData
The global market value for maternal serum screening tests, currently estimated at USD$388.37m, is expected to decline slightly between 2018 and 2028, to USD$385.52m, at a Compound Annual Growth Rate (CAGR) of -0.07%, due to the rising popularity of non-invasive prenatal testing (NIPT), and its continued adoption within key markets, says GlobalData, a leading data […]
Bavencio and Talzenna’s trial discontinuation points to stark future in ovarian cancer, says GlobalData
Following the news on March 19, 2019 that Merck KGaA and Pfizer have discontinued the ongoing Phase III JAVELIN Ovarian PARP 100 study for previously untreated advanced ovarian cancer, Paul Jeng, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on Talzenna (talazoparib) in ovarian cancer: “The combination of Bavencio and […]
Future of drug-coated devices in peripheral interventions put into question after FDA preliminary review, says GlobalData
Following the news that the FDA recently announced that its preliminary review of long-term follow-up data of people with peripheral artery disease being treated by paclitaxel-coated devices, compared with bare devices, revealed a “potentially concerning signal” of increased risk of mortality rates, Sheryl Tang, Medical Devices analyst at GlobalData offers her view: “GlobalData estimates that […]
Purchasing household insurance directly from providers is losing ground to competitors, says GlobalData
The share of UK consumers that purchased contents insurance online via a smartphone or tablet increased from 2.5% in 2016 to 16.0% in 2018 according to GlobalData, a leading data and analytics company. The increase was even larger for those purchasing buildings insurance with an increase from 3.0% in 2016 to 30.4% in 2018. The company’s […]
Asia-Pacific and EMEA will drive the high voltage circuit breakers market over the next four years, says GlobalData
The global market for high voltage circuit breakers (HVCBs) is set to grow at a compound annual growth rate (CAGR) of 5.24% between 2019 and 2023, reaching $4.35bn in 2023. Asia-Pacific (APAC) and EMEA will be the dominant markets for HVCBs over the forecast period, according to GlobalData, a leading data and analytics company. The […]