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Sarath.Chandra@globaldata.com

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Telecom, pay-TV service revenue in Philippines to increase at 4% CAGR during 2021-2026, forecasts GlobalData

The total telecom and pay-TV services revenue in the Philippines is expected to increase at a compound annual growth rate (CAGR) of 4% during 2021-2026, mainly supported by mobile data and fixed broadband segments, forecasts GlobalData, a leading data and analytics company. GlobalData’s research reveals that the mobile voice service revenue in the country will […]
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Territorial disputes, modernization efforts to spur Malaysia defense spending at 5.3% CAGR between 2022-2027, estimates GlobalData

Malaysia’s plans to upgrade its current inventory to deal with the territorial disputes and protect its territory in the South China Sea will see its defense spending growing at an estimated CAGR of 5.3% over the period 2022-2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Malaysia Defense Market Size and Trends, […]
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Diabetic neuropathic pain field presents significant opportunity for drug developers, says GlobalData

The current diabetic neuropathic pain treatment paradigm includes many established analgesics that provide symptomatic relief. However, as these therapies do not target the pathophysiological mechanisms underlying the pain, they typically only work in a subset of patients, and provide only partial pain relief. Furthermore, the established marketed analgesics have been associated with poor safety profiles. […]
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Historically unimpressive field of therapeutic cancer vaccines gets revitalized with Moderna and Merck mRNA data, says GlobalData

Historically, therapeutic cancer vaccines have demonstrated minimal efficacy. However, for the first time, an anti-cancer vaccine has shown significant promise in a clinical trial. The combination therapy of Moderna’s mRNA vaccine “mRNA-4157/V940” in combination with Merck & Co’s anti-PD-1 therapy “Keytruda”  has reportedly cut the risk of melanoma recurrence or death by 44% compared to […]
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South Korea should revise cancer pathology tests reimbursement system, opines GlobalData

The reimbursement system for pathological examinations in South Korea has poor coordination with cancer treatment plans, resulting in many patients not receiving timely treatment. Therefore, South Korea’s reimbursement system needs to be revised to fairly cover changes in pathology tests and subsequent treatment, says GlobalData, a leading data and analytics company. GlobalData’s research reveals that […]
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Daewoo Shipbuilding will help Hanwha make South Korea one of the top five defense-exporting countries, says GlobalData

Following the news that South Korea’s Hanwha Group has agreed to acquire 49.3% stake in Daewoo Shipbuilding & Marine Engineering for $1.4 billion; Rouble Sharma, Defense Analyst at GlobalData, a leading data and analytics company, offers her view: “South Korea has developed a robust export-oriented defense industrial complex, which not only meets domestic defense requirements […]
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Artificial Intelligence-aided medical devices to boost South Korea ophthalmic market to $156m in 2030, forecasts GlobalData

South Korea has remained a preferred destination for medical tourism and its ophthalmic devices market is no exception to this. Augmented by continuous innovation, South Korea continues to use artificial intelligence (AI) to diagnose and treat ophthalmic diseases. As a result, the value of the ophthalmic devices market in South Korea is expected to reach […]
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India assisted reproductive technology market to record 8% CAGR between 2022 and 2030, forecasts GlobalData

Expanding assisted reproductive technology (ART) centers and facilities, fueled by high infertility cases, raising awareness, and new advances in science and technology are set to drive the Indian ART devices market at a compound annual growth rate (CAGR) of around 8% between 2022 and 2030, forecasts GlobalData, a leading data, and analytics company. GlobalData’s report, […]
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Banking-as-a-service empowers finance companies to meet growing customer needs, says GlobalData

With embedded finance set to become a quintessential component of many industries, smaller businesses and individuals can now have greater access to financial services than ever before owing to banking-as-a-service (BaaS). With the right partners and systems in place, BaaS empowers embedded finance players to meet customers’ increasing needs while tapping this burgeoning opportunity, says […]
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