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GlobalData
GlobalData

Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

From mental health therapies to surgical training, virtual reality revolutionizing healthcare, finds GlobalData

Virtual reality (VR) provides an immersive experience in a simulated or augmented environment that entirely replaces the users’ field of vision through a headset. The future of VR in healthcare seems bright, with numerous VR-based solutions being created and tested globally, from mental health therapies to drug development and surgical training, says GlobalData, a leading […]
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South Korea diabetes care devices market set for 6% CAGR through 2030, forecasts GlobalData

South Korea has made remarkable progress in automated medical devices, particularly for tackling global health challenges like diabetes. The rising prevalence of diabetes among Korean adults, caused by sedentary lifestyles and poor diets, has led to significant concerns. However, South Korean companies’ advancements in diabetes care devices will revolutionize the management of this chronic condition. […]
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India, Philippines, Vietnam lead business sentiment surge across Asia-Pacific in Q1 2023, reveals GlobalData

Asia-Pacific (APAC) as a business destination has witnessed improvement in sentiments of companies driven by unique market dynamics, regulatory environments, rapidly growing economies, and technological advancements. The region experienced a remarkable quarter-on-quarter (QoQ) upswing in business sentiments during the first quarter (Q1) of 2023. Notably, the countries at the forefront of this surge were India, […]
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Top 20 global payment companies thrive amidst economic headwinds, generate $228 billion revenue in 2022, reveals GlobalData

Despite the challenges posed by expansionary monetary policy, geopolitical uncertainties, pandemic-related supply chain disruptions, and a macroeconomic environment with heightened inflation and increased energy costs, the global payments industry witnessed an exceptional 2022. The top 20 public payment companies experienced a notable 15.5% increase in their top-line performance, reaching a total of $228 billion, reveals […]
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Asia takes center stage: nanometer chips redefining semiconductor industry landscape, says GlobalData

Nanometer chips, particularly those under 10nm, are revolutionizing the semiconductor industry with their superior performance, energy efficiency, and transistor density. These chips underpin a wide range of applications, from consumer electronics to advanced AI and machine learning systems. As the semiconductor landscape continues to evolve, there is a shift in the industry’s center of gravity […]
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Cyberattacks on major organizations highlight AI and supply chain vulnerabilities, says GlobalData

The cyber landscape continues to evolve as major organizations like British Airways, Boots, and the BBC face the aftermath of a crippling cyber attack. With payroll data compromised, attention now turns to the potential targeting of AI vulnerabilities. The battle against cyberattacks seems to have been lost, with vulnerabilities in AI becoming a potential future […]
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Merck lawsuit against US government raises constitutional concerns over drug pricing regulation, says GlobalData

Pharmaceutical giant Merck has filed a lawsuit in the US District Courts against the federal government, claiming it violates constitutional rights and undermines drug pricing negotiation powers. The lawsuit could have significant implications for the future of drug pricing regulation and may prompt other pharmaceutical companies to challenge the Inflation Reduction Act as well, says […]
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Egypt economic outlook faces turbulence amid currency devaluations, inflation pressure, says GlobalData

Egypt’s economic prospects are expected to be negatively impacted by import controls, inflation resulting from a substantial weakening of the Egyptian pound, and the implementation of aggressive monetary policy tightening measures. These factors are likely to weigh on the domestic demand and investment, thus hampering the overall economic prospects of the country. Against this backdrop, […]
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International NASH Day response reveals growing interest in raising disease awareness, says GlobalData

The increased response to International NASH Day (8 June) in 2023 demonstrates growing interest from both industry and public bodies in raising the awareness of non-alcoholic steatohepatitis (NASH). This reflects the rising prevalence of the disease, as well as recent clinical trial developments, says GlobalData, a leading data and analytics company. Jay Patel, Pharma Analyst […]
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Apple WatchOS 10 redesign offers more personalized user experience, but battery optimization remains key challenge, says GlobalData

Following the news that Apple has unveiled watchOS 10 with new widgets and redesigned apps at the much-anticipated Worldwide Developers Conference (WWDC) 2023; Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “Apple’s smartwatch operating system, WatchOS, has proven extremely successful over the last eight years since its debut […]
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Cataract Awareness Month drives artificial lenses market growth, says GlobalData

With Cataract Awareness Month underway, global attention is being directed towards the staggering number of individuals grappling with visual impairments, particularly cataracts. Intraocular lenses (IOLs), artificial lenses that replace clouded natural lenses, are crucial in treating such cases. Forecasted to grow from $4.1 billion in 2022 to nearly $5.0 billion by 2033, the IOL market’s […]
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MR-aided radiation technology to alleviate cancer treatment burden in India, says GlobalData

The burden of cancer is increasing in India and so are newer technologies for cancer diagnosis, treatment, and management. Radiation therapy has been a key treatment option for cancer. India has seen significant advancements recently in radiation therapies such as intensity-modulated radiotherapy (IMRT) and image-guided radiotherapy (IGRT). As a result, the emergence of new radiation […]
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Meta Quest 3, Apple Vision Pro highlight divergent strategies for immersive technology revolution, says GlobalData

Following the news that Meta and Apple have unveiled their VR and AR headsets Quest 3 and Vision Pro, respectively, at the Worldwide Developers Conference (WWDC) 2023; Kiran Raj, Practice Head of Disruptive Tech at GlobalData, notes: “The technology landscape witnessed a pivotal moment as Meta and Apple, two industry titans, revealed their latest headsets […]
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