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The 64th American Society of Hematology (ASH) meeting is being held between 10 and 13 December in New Orleans, Louisiana. In this context, Twitter influencer conversations around the malignant and classical hematology event surged in the second week of December. Subsequently, the Social Media Analytics Platform of GlobalData, a leading data and analytics company, has […]
CanSino Biologics inhaled vaccine Convidecia Air to gain good momentum amid plans to boost elderly vaccination in China, says GlobalData
In a clear shift away from its long-held stringent zero-COVID policy, China has recently relaxed rules that contained the spread of the virus but impacted the world’s second largest economy. Subsequently, the National Health Commission (NHC) pledged to step up vaccination among the elderly. Against this backdrop, considering that CanSino Biologics’ inhaled vaccine Convidecia Air […]
Twitter influencers ecstatic about nuclear fusion energy but doubt commercial viability, finds GlobalData
The US Department of Energy (DOE) is expected to announce for the first time ever a major scientific breakthrough in nuclear fusion energy, which is observed as a major step for carbon-free and limitless power generation. Following this news, influencer conversations on Twitter surged dramatically, reveals the Social Media Analytics Platform of GlobalData, a leading […]
Global pacemakers market set to grow at 5.4% CAGR over next three years, forecasts GlobalData
The global pacemakers market is set to grow at a compound annual growth rate (CAGR) of 5.4% between 2022 and 2025, driven by increasing population at a risk of cardiovascular diseases. Among pacemakers, dual chamber pacemakers are the fastest growing subsegment, growing at a rate of 5.6%, reveals GlobalData, a leading data and analytics company. […]
Startups and big corporations revisit strategies to balance growth and profitability, finds GlobalData
The current business environment is getting tougher with higher interest rates, rising inflation, talent crunch, and weaker supply chains while investors are increasingly demanding profitable growth. To hedge against these shifts, startups as well as bigger corporations are revisiting their scaling strategy and redefining tolerance for risk to strike a deliberate balance between stability and […]
Cloud, real-time personalization, and 5G take online gaming user experience to next level, says GlobalData
Online games are witnessing a massive boom with gaming streams and E-sports becoming the new normal in the virtual world. Cloud-based infrastructure, real-time personalization, and 5G networks are taking the gaming user experience to the next level, says GlobalData, a leading data and analytics company. Kiran Raj, Practice Head of Disruptive Tech at GlobalData, comments: […]
CH-47F Chinook helicopters significant force multiplier for South Korean armed forces, says GlobalData
Following the US State Department’s approval of a potential sale of 18 Boeing CH-47F Chinook heavy-lift military transport helicopters and related equipment for $1.5 billion to South Korea; Rouble Sharma, Defense Analyst at GlobalData, offers her view: “The contract, which includes various missile warning and communication systems, is being executed under Seoul’s Heavy Utility Helicopter-II […]
Innovative diagnostic solutions to provide better care for patients with neurological diseases in Japan, says GlobalData
Due to the aging population, the prevalence of neurological diseases such as Alzheimer’s disease (AD) are increasing in Japan. As a result, new in-vitro diagnostics (IVD) and high-precision imaging modalities are being developed to meet the growing need for better neurological healthcare. These innovative solutions will not only facilitate the future expansion of the medical […]
Ample opportunities for utilities willing to invest in EV infrastructure, says GlobalData
The rise of electric vehicles (EVs) will bring about both enormous opportunities and challenges for the power industry. With planned investments and policies, the utilities will be able to serve new markets. Utilities should collaborate with EV manufacturers to boost EV charging offerings, vehicle-to-grid (V2G) services, energy storage, and renewable energy sources, says GlobalData, a […]
Global procalcitonin tests market set to surpass $2 billion in 2030, forecasts GlobalData
The global procalcitonin tests market is set to grow at a compound annual growth rate (CAGR) of 1.6% from $752 million in 2022 to $2.1 billion in 2030, driven by increasing burden of sepsis worldwide in addition to the increased public awareness, according to GlobalData, a leading data and analytics company. The use of procalcitonin […]
Top 20 global biopharmaceutical companies report 9.1% QoQ decline in market capitalization during Q3 2022, reveals GlobalData
Expanding generic drug competition and a decline in the demand for COVID-19 vaccines and therapies have brought down the aggregate market capitalization of the global top 20 biopharmaceutical companies by 9.1% from $3.45 trillion in Q2 2022 to $3.14 trillion in Q3 2022, reveals GlobalData, a leading data and analytics company. Sharon Cartic, Associate Director […]
Fixed broadband service revenue in Taiwan to increase at 4.3% CAGR over 2022-2027, forecasts GlobalData
Taiwan’s fixed broadband service revenue is poised to increase at a compound annual growth rate (CAGR) of 4.3% from $1 billion in 2022 to $1.3 billion in 2027, mainly driven by the continued rise in cable and fiber-optic broadband subscriptions, according to GlobalData, a leading data and analytics company. GlobalData’s Taiwan Fixed Communications Forecast (Q3-2022) […]
Technology partnerships around genomic profiling to drive cancer care towards precision medicine in India, says GlobalData
As cancer treatment is evolving globally, the regular approach of one-size-fits-all is being challenged with precision medicine, a concept that involves genetic screening of the patient to allow doctors to select an appropriate treatment for a better outcome. In this context, the recent alliances forged around the development of genomic profiling tests in India are […]
Meat substitutes go mainstream in Japan, with sales set to rise by 5% CAGR over 2021-26, says GlobalData
Owing to the high penetration of seafood, veganism has failed to gain a foothold in Japan as it has in the West. However, the onset of COVID-19 has turned the tide, with more health-conscious and experimentative youth making vegan meat a part of their diets. As a result, the Japanese meat substitutes market is set […]
Taiwan mobile communications market to grow at 2.9% CAGR over 2022-2027, forecasts GlobalData
Taiwan’s mobile communication market is poised to grow at a compound annual growth rate (CAGR) of 2.8% from $6.4bn in 2022 to $7.4bn in 2027, driven mainly by the rising adoption of mobile data services, says GlobalData, a leading data and analytics company. GlobalData’s Taiwan Mobile Broadband Forecast (Q3 2022) reveals that mobile voice revenue […]
Enterprise ICT revenue in China to grow at 8.5% CAGR over 2021-2026, forecasts GlobalData
The enterprise ICT revenue opportunity in China is expected to increase at a compound annual growth rate (CAGR) of 8.5% between 2021 and 2026. The ongoing government initiatives prioritizing industrial digitalization and acceleration of digital transformation activities across large enterprises and SMEs provide a promising ground for the ICT market growth in the country, forecasts […]
India startups raise $19.3 billion venture capital funding during January-October 2022, finds GlobalData
A total of 1,456 venture capital (VC) funding deals worth $19.3 billion were announced in India during January to October 2022, which is a 7.5% growth in deal volume but 29.8% decline in deal value compared to the same period last year, finds GlobalData, a leading data and analytics company. An analysis of Globaldata’s Financial […]
AI-based image analysis solutions will drive Australia mammography market, says GlobalData
The Cancer Institute New South Wales (NSW) recently selected South Korean startup Lunit’s artificial intelligence (AI)-based mammography analysis solution “INSIGHT MMG” for its BreastScreen NSW’s (BSNSW) AI evaluation and clinical integration project. Such collaborations will not only help in the early detection of breast cancer, but also further fuel the growth of the mammography market, […]
Temasek investment in digital media, cloud and IoT deals showcase minimal impact of FTX write off, says GlobalData
The bankruptcy of cryptocurrency exchange FTX has highlighted the risk of crypto investment with a number of investors having to write off their losses including Singapore state investment firm Temasek Holdings (Private) Ltd. The company recently announced that it would write off $275 million invested in FTX with its exposure to the company slightly less […]
South Korea prioritizes AI transformation of diagnostic imaging devices to meet growing demand in hospitals, says GlobalData
Several South Korean healthtech startups that offer artificial intelligence (AI)-based imaging solutions are increasingly partnering with domestic and international multinationals to meet the growing demand in hospitals. Against this backdrop, South Korea diagnostic imaging market is expected to grow at a compound annual growth rate of approximately 5% between 2023 and 2030, forecasts GlobalData, a […]