Hari Gorla

Medical Devices

Recent clinical trial results indicate future may be bright for renal denervation

Results for two major clinical trials that were released in May 2021 indicate the future for renal denervation, a treatment for high blood pressure, may be bright. Global market value for renal denervation devices was estimated to be just over $13m in 2020, reflecting a drop in market value that occurred due to the COVID-19 […]

Insurance

General insurance industry in New Zealand to reach US$5.9bn in 2025, says GlobalData

The general insurance industry in New Zealand, in terms of gross written premiums, is projected to grow from NZ$6.9bn (US$4.6 bn) in 2020 to NZ$8.4bn (US$5.9 bn) in 2025, according to GlobalData, a leading data and analytics company. GlobalData has revised New Zealand’s insurance forecast in the aftermath of COVID-19 outbreak. As per the latest […]

Power

Taiwan on track to replace nuclear energy with solar and wind by 2025, but country still heavily reliant on thermal power, says GlobalData

Taiwan’s nuclear power installed capacity decreased from 4.9GW to 3.8GW, at a compound annual growth rate (CAGR) of -1.2%, according to leading data and analytics company GlobalData. If this trend continues, the country is set to meet the government’s target of zero capacity by 2025. Taiwan intends to fill the gap created by the retirement […]

Oil & Gas

China to lead global ethylene capacity additions by 2025, says GlobalData

Asia is expected to lead the ethylene capacity additions globally with a capacity of 52.94 million tons per annum (mtpa) by 2025. China, which accounts for more than half of the ethylene capacity additions within Asia, is likely to lead the global ethylene capacity additions by 2025, says GlobalData, a leading data and analytics company. […]

Aerospace, Defense & Security

NATO defense spending likely to increase as space conflicts added to Article 5, says GlobalData

Following the news that NATO leaders have declared that attacks in, to and from space against any member will now trigger the mutual defense agreement and obligate allied members to respond; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, comments: “While military expansion into space has been imagined since the […]

Sport

Athlete activism is as powerful as ever as Cristiano Ronaldo wipes billions of Coca-Cola’s share price

Following today’s news (Wednesday 16 June) that Coca-Cola saw a $4.2bn dip in share price following Cristiano Ronaldo removing two of its bottles during a press conference; Conrad Wiacek, Head of Sport Analysis at GloblaData, a leading data and analytics company, offers his view: “Cristiano Ronaldo’s actions in removing bottles of Coca-Cola from the press […]

Medical Devices

COVID-19 has accelerated demand for handheld ultrasound devices in China, says GlobalData

The necessity to screen and monitor functionality of vital organs, such as the lungs and heart of COVID-19 patients and limiting the exposure of frontline staff to infection during treatment, is driving the demand for handheld ultrasound (HHU) devices in China. The HHU devices market is expected to grow at a compound annual growth rate […]

Pharma

AstraZeneca, Pfizer, Roche lead non-small cell lung cancer digital marketing space in Japan, finds GlobalData

The non-small cell lung cancer (NSCLC) treatment landscape in Japan looks very mature with multiple drugs approved for targeted therapy, immunotherapy and chemotherapy. In this well-established market, several companies are active on digital channels to support NSCLC patients, amongst which AstraZeneca, Pfizer and Roche are the leaders, observes GlobalData, a leading data and analytics company. […]

Consumer

Ronaldo’s rejection of Coca-Cola highlights an ambiguity toward the soft drink, says GlobalData

Following today’s (16 June 2021) news that Ronaldo’s dismissal of Coca-Cola at a press conference temporarily cost the brand $4bn off its market value; Khalid Peerbaccus, Senior Consumer Researcher at GlobalData, a leading data and analytics company, offers his view: “While the power of product placement cannot be denied, Ronaldo’s rejection of Coca-Cola in favor […]

Travel & Tourism

No crowds at Tokyo 2020 would be catastrophic for Japan’s tourism sector, says GlobalData

With the jury still out on whether domestic spectators will be allowed at Tokyo 2020, the prospect of a complete ban on attendance cannot be dismissed. This scenario would be disastrous for several tourism-related industries in Japan says GlobalData, a leading data and analytics company. Ralph Hollister, Travel and Tourism Analyst at GlobalData, comments: “The […]

Strategic Intelligence

Global blockchain platform and services market will be worth $199bn by 2030, says GlobalData

Revenue from blockchain platforms and services is expected to rise from $4bn in 2020 to a huge $199bn by 2030 as businesses seeking to accelerate digital transformation and development spend big on blockchain, says GlobalData, a leading data and analytics company. Last year, GlobalData noted that businesses must make targeted, tactical digital transformation for companies […]

Business Fundamentals

SoftBank led US$360m funding fuels AI-powered technology ambitions of online used car platform Carro, says GlobalData

Following the news that Singapore-based online car sales platform Carro raised US$360m in a fresh funding round; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “On the back of the fresh funding led by Japan’s SoftBank, the valuation of Carro exceeded US$1bn and it became the latest […]

Aerospace, Defense & Security

AI likely to be integrated into naval vessels in the next five years, finds GlobalData

Artificial intelligence (AI) has the potential to make major improvements to modern ships, including decreasing the number of crew required for operations and enabling faster and better-informed decision making in a fast-moving environment. A survey by GlobalData, a leading data and analytics company, finds that 43% of respondents believe that AI will be integrated in […]

Oil & Gas

European oil majors near pre-pandemic income levels despite weakened revenues, says GlobalData

The European oil majors (Shell, BP, TotalEnergies, Eni and Repsol) benefitted dramatically from elevated oil and gas prices in the first quarter of 2021 as income returned to near pre-pandemic levels, says GlobalData, a leading data and analytics company. Daniel Rogers, Senior Oil and Gas Analyst at GlobalData, comments: “So far 2021 has gifted the […]

Pharma

Latest patent reforms to further bolster innovative pharma research in China, says GlobalData

China has made its latest patent amendments effective from June 01, 2021, reforms which are likely to ensure protection against untimely and unfair generic competition. As a result, the Chinese pharmaceutical market makes itself further competitive and conducive for innovative research companies, both regional and international, says GlobalData, a leading data and analytics company. Although […]

Consumer

Flagstone Foods’ bee-friendly almond farms will help save almonds environmentally harmful image, says GlobalData

Flagstone Foods has announced that it is committed to sourcing 100% of its almonds from bee-friendly farms by 2025, revealing an opportunity to rehabilitate the sustainability image of almonds, according to GlobalData, a leading data and analytics company. This initiative will likely appeal to US consumers, as GlobalData’s most recent 2021 Q1 consumer survey reveals […]

Automotive

India goes faster on electric mobility with revision of FAME II scheme, says GlobalData

Following the news that Ministry of Heavy Industries and Public Enterprises, India has made revisions to the Faster Adoption and Manufacturing of Electric Vehicles (FAME) phase II; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The revisions to the FAME II scheme, which covers electric […]

Travel & Tourism

Portugal travel status change will further damage UK traveler confidence

The rapid nature of Portugal’s move from ‘green’ to ‘amber’ will further dent UK traveler confidence, just when things were starting to look up for companies and consumers, says GlobalData, a leading data and analytics company. Portugal being named on the UK’s green list was meant to signal the meaningful start of recovery for UK […]

Business Fundamentals, Oil & Gas

Renewable resources discussions grow multifold in 2020 as fossil fuel demand dwindles, says GlobalData

‘Renewable energy’ mentions in oil and gas companies’ earnings transcripts increased by over 150% in 2020 compared to 2019, while mentions in 2021* surpassed more than a half of 2020, according to GlobalData’s Company Filings Analytics platform. This trend is expected to continue as dwindling energy demand due to the COVID-19 pandemic has pushed oil […]