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Sarath.Chandra@globaldata.com

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Asia-Pacific suffers 12.4% decline in deal activity in July 2022 due to investors risk-aversion, finds GlobalData

The ongoing geopolitical and macroeconomic headwinds seem to be making investors in the Asia-Pacific (APAC) region risk-averse. A total of 1,342 deals (mergers & acquisitions [M&A], private equity, and venture financing deals) were announced in the region in July 2022, a decline of 12.4% over the 1,532 deals announced in June 2022, reveals GlobalData, a […]
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COVID-19 dynamics to limit Japan OTC healthcare growth to 0.7% CAGR over 2021-2026, predicts GlobalData

The COVID-19 pandemic has catalyzed the sales of prescription drugs in Japan, leaving the over-the-counter (OTC) healthcare sector in the doldrums. However, the renewed consumer focus on holistic health and wellbeing is expected to spur the demand for health supplements in the long-term. Consequently, Japan’s OTC healthcare market will expand at a modest compound annual […]
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Twitter influencers opine US Chips and Science Act will enhance supply chain resiliency, finds GlobalData

With the advent of technology, semiconductor chips have spread from automobiles, computers, and smartphones to various other consumer goods. Currently, their demand is outstripping supply. The semiconductor chip industry has experienced supply chain disruption earlier too. However, the ongoing COVID-19 induced crisis is much deeper, particularly in the Americas. The US has therefore come up […]
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Positive results from Chinese study on serial liquid biopsy-based screening to improve cancer surveillance, says GlobalData

A prospective study conducted at Guangdong Lung Cancer Institute in China, established a clinically significant cut-off point of 18 months for serial liquid biopsy-based screening to detect minimal residual disease (MRD) in lung cancer patients after early-stage surgical treatment. This will allow oncologists to identify patients in need of appropriate adjuvant treatment resulting in better […]
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Growing awareness, renewed economic growth help top 20 APAC insurers post aggregate premium of $908.6 billion in 2021, reveals GlobalData

China dominates the list with seven companies China Taiping Insurance and New China Life Insurance gained over 15% in revenue Japan Post Insurance lost nearly 10% in revenue In the wake of the COVID-19 pandemic, majority of the population realized the importance of insurance. Against this backdrop, the top 20 Asia-Pacific (APAC) public insurance companies […]
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Growing investment in biotech startups likely to make CAR-T therapies affordable in India, says GlobalData

Biotech startups in India, which are focused on developing cell/gene (including CAR-T) therapies for the management and treatment of certain life-limiting illnesses that significantly affect the patient’s quality of life, are increasingly attracting investment from major pharmaceutical companies. This is likely to boost their research and production capabilities and eventually makes the therapies affordable to […]
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Made-in-India surgical robotic system SSI Mantra to benefit underserved population, says GlobalData

India-based medtech startup SS Innovations has recently launched made-in-India SSI multi-arm novel tele robotic assistance (Mantra) surgical robotic system. Against this backdrop, SSI Mantra will pave the way for cost-effective robotic surgical treatment for the underserved population across the globe, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Robotic Surgical Systems Market […]
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Belgium defense market set to grow to $6.5 billion in 2027, forecasts GlobalData

Belgium’s defense market is set to grow to $6.5 billion in 2027, driven by the conflict in Ukraine and the need to modernize its armed forces, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘Belgium Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027’, Belgium’s […]
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Australia defense spending to grow at 3.8% CAGR between 2022-2027, estimates GlobalData

Australia’s desire to maintain the security and stability of the surrounding Indo-Pacific region and the South China Sea coupled with its modernization programs will see its defense spending growing at an estimated CAGR of 3.8% over the period 2022-2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Australia Defense Market Size and […]
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