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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 […]
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 […]
Phase III failure for Pollinex Quattro Birch puts Allergy Therapeutics in a precarious position for long-awaited US expansion, says GlobalData
On 18 March 2019, Allergy Therapeutics announced that its Phase III pivotal trial for Pollinex Quattro (PQ) Birch, an ultra-short course birch pollen allergen immunotherapy, failed to meet the primary endpoint of a statistically significant difference between active and placebo arms in the combined symptom and medication score (CSMS) averaged over peak birch pollen season. […]
Leadership transition may slow Kazakh oil reforms and IPO, says GlobalData
Following the announcement on March 19 2019 that Kazakhstan’s President Nazarbayev will step down, Will Scargill, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the effect on the country’s oil and gas industry: ‘‘The political transition process will likely slow the ongoing reform process in the […]
DRC Ebola outbreak shows vaccine limitations in overcoming non-clinical obstacles to control infectious diseases, says GlobalData
Following comments from CDC director Robert Redfield (Friday 15 March) that establishing control over the ongoing Ebola outbreak in the Democratic Republic of the Congo (DRC) could take up to a year or longer, Christopher J. Pace, Director of Infectious Diseases at GlobalData, a leading data and analytics company, offers his view on the challenges […]
Electrophysiology catheters global market set to reach $3.9bn by 2028, says GlobalData
The global electrophysiology catheters market is expected to reach $3.9bn by 2028, growing at a compound annual growth rate (CAGR) of 4.1%, according to GlobalData, a leading data and analytics company. The company’s reports, ‘Electrophysiology Ablation Catheters – Cardiovascular Market Analysis and Forecast Model’ and ‘Electrophysiology Diagnostic Catheters – Cardiovascular Market Analysis and Forecast Model’ […]
3D Printing is a potential game changer for global power market, according to GlobalData
One of the most innovative and disruptive technological advancements that will transform the global power industry is 3D printing (Additive Manufacturing), says GlobalData, a leading data and analytics company. Recently, additive manufacturing (AM) has found its application in different sectors of the power industry, both in building prototypes and in main stream production leading to […]
JD Sports can breathe new life into Footasylum, says GlobalData
Following the news that JD Sports is to buy Footasylum for £90m, Patrick O’Brien, UK Retail Research Director offers his view: “While JD Sports is paying a 77% premium on Friday’s closing price, the 82.5p bid is almost half of Footasylum’s IPO offer price when it listed just 16 months ago. “Footasylum went for rapid […]
Spanish outbound tourism set to be worth US$64bn by 2021, says GlobalData
Spanish outbound tourism is expected to grow from US$47.9bn in 2019 to US$64bn in 2021, expanding at a compound annual growth rate (CAGR) of 15.6%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report; ‘Tourism Source Market Insight: Spain – Analysis of tourist profiles & flows, spending patterns, destination markets, risks and […]
Germany’s partnership with CARB-X is a critical step in the global push against antibiotics resistance, says GlobalData
Following the news on March 14, 2019 that Germany’s Federal Ministry of Education and Research (BMBF) has committed €40 million to CARB-X for early development of antibiotics, Paul Jeng, PhD, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on global efforts to combat the threat of antibiotics resistance: “Antimicrobial resistance […]
Emergency order grounding 737 MAX aircraft in the US casts major doubt on the plane’s immediate future, says GlobalData
Last night’s (March 13 2019) announcement that the FAA is grounding 737 MAX 8 and MAX 9 jets casts serious doubt on the plane’s immediate future. Nick Wyatt, Head of R&A, Travel & Tourism at GlobalData, offers his view on the matter: “With the US and Canada now joining the likes of Australia, China, and […]
Italy’s abrupt return to mandatory childhood vaccinations will reduce the impact of vaccine hesitancy, says GlobalData
Following the news on March 12, 2019 that young children in Italy will be required to provide evidence that they have received the recommended vaccinations in order to attend nursery or kindergarten, James Mather, MChem, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on the future impact of Italy’s return […]
Pfizer’s Trazimera set to challenge Roche’s Herceptin as fourth competitor in HER2 Positive oncology market, says GlobalData
On 11th March 2019, Pfizer Inc announced the FDA had approved Trazimera (trastuzumab-qyyp), a biosimilar to Roche’s Herceptin (trastuzumab) for the treatment of human epidermal growth factor receptor-2 (HER2) overexpressing breast cancer and HER2 overexpressing metastatic gastric or gastroesophageal junction adenocarcinoma. Amrita Gujral, Pharma Analyst at GlobalData, a leading data and analytics company, offers her […]
In the event of a ‘no deal’ Brexit, UK healthcare industry will take years to stabilize, says GlobalData
It may take up to five years for the healthcare industry to stabilize in the event of a ‘no deal’ Brexit. This is the consensus opinion among professionals surveyed in the pharmaceutical industry, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Brexit and the Healthcare Industry – Implications for Pharma – […]
Partnerships will be essential for success in the cyber insurance market in 2019
Cyber insurance penetration increased by 14 percentage points among UK SMEs in 2018. Yet the market is far from saturated, with considerable growth set for the coming years, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Thematic Research: Cyber Insurance’, states that the global cyber insurance market is poised for […]
Boeing must act quickly to save the 737 as airlines ground planes in wake of Ethiopian Airlines crash, says GlobalData
Boeing must act quickly to save the 737 as airlines ground planes in wake of Ethiopian Airlines crash, says GlobalData The fatal crash of Ethiopian Airlines Flight 302 on 10th March 2019 has cast fresh doubt on Boeing’s 737 jet. Nick Wyatt, Head of R&A, Travel & Tourism at GlobalData, offers his view: “The Ethiopian […]
ECCO 2019: Entyvio set to be most dominant drug in the UC landscape following VARSITY trial, says GlobalData
The results of the VARSITY trial, a head-to-head Phase IIIb double-blind, double-dummy, multicentre, active controlled study, that evaluates the efficacy and safety of Entyvio, compared to Humira in patients with moderate to severe ulcerative colitis (UC), were announced at the ECCO Conference 2019 in Copenhagen. Following this, Patrick Aiyes, Pharma Analyst at GlobalData, a leading […]
Deutsche and Commerzbank merger talks prompted by fears of foreign takeover, says GlobalData
Following the news of merger talks between Germany’s two largest banks, Deutsche and Commerzbank, Sean Harrison, Banking Analyst at GlobalData, a leading data and analytics company offers his comment: “These merger talks are unsurprising. Both banks have had a torrid time, suffering from poor profitability and inefficient operations. According to GlobalData’s Global Retail Banking Analytics tool […]
As National Colorectal Cancer Awareness Month draws attention to the disease, colorectal cancer screening tests market expected to surpass $2bn by 2028, says GlobalData
March is National Colorectal Cancer (CRC) Awareness Month, a time aimed at raising disease awareness and preventing future incident cases, primarily by encouraging individuals to participate in CRC screening programs. Alison Casey, Medical Devices analysts at GlobalData, commented, “Aging populations and increasing disease awareness mean that CRC screening has become a priority for many countries. […]
Hotel Tonight will help Airbnb increase appeal ahead of anticpated IPO, says GlobalData
Following the news on the 7th March 2019 that San Francisco-based travel giant, Airbnb has agreed to acquire Hotel Tonight, Nick Wyatt, Head of R&A, Travel & Tourism at GlobalData, offers his view on the deal: “Airbnb’s long-stated aim is to create what it calls ‘an end-to-end travel platform’ and acquiring Hotel Tonight makes perfect […]