Sarath.Chandra@globaldata.com

Pharma

CNS market to surpass $80 billion in 2025, driven by MS and psychiatric drug innovation, says GlobalData

The global central nervous system (CNS) market is projected to exceed $80 billion in sales in 2025 for the first time since 2013, making a significant resurgence after a decade of stagnation. This revival positions CNS as the fifth-fastest growing therapy area in 2025, driven by strong multiple sclerosis (MS) drug sales and renewed psychiatric […]

Business Fundamentals

China VC funding value nosedives more than 35% during January-February 2025, reveals GlobalData

As the world’s second-largest economy, China has historically been a powerhouse for venture capital (VC) funding activity. However, the January-February 2025 data reveals a sharp year-on-year (YoY) decline of more than 20% in VC deals volume. Concurrently, the total deals value experienced a staggering more than 35% drop, reveals GlobalData, a leading data and analytics […]

Pharma

Cell and gene therapy market set to grow at 44% CAGR through 2030, reveals GlobalData

The global cell and gene therapy (CGT) market is poised for exceptional growth at a compound annual growth rate of 44%, with sales projected to rise from $8.70 billion in 2024 to $76.03 billion in 2030. Significant advancements in treatments for gastrointestinal (GI) disorders are anticipated, driven by innovations from both large and small pharma […]

Pharma

Japan to rejuvenate pharma landscape with new Government fund and policy reforms, says GlobalData

Japan’s Ministry of Health, Labor, and Welfare (MHLW) announced a new 10 year government fund in January 2025 to support innovative drug development. The initiative signals a stronger push towards pro-innovation policies, aiming to strengthen drug discovery capabilities and build a more resilient pharmaceutical ecosystem in the country, says GlobalData, a leading data and analytics […]

Medical Devices

Laplace transcatheter valve faces challenges beyond just regulatory approval, says GlobalData

Laplace Interventional, a US-based medical device company focusing on transcatheter valve technology, recently announced the successful completion of a Series C funding round to support an early feasibility study of its transcatheter tricuspid valve replacement system. While the study is a key step toward regulatory approval and market access, the company faces challenges beyond regulatory […]

Technology

Mobile service revenue in Japan to increase at 3% CAGR over 2024-2029, forecasts GlobalData

The total mobile service revenue in Japan is poised to increase at a compound annual growth rate (CAGR) of 3% from $46.9 billion in 2024 to $54.5 billion in 2029, mainly supported by the growth in mobile data service revenues, forecasts GlobalData, a leading data and analytics company. GlobalData’s Japan Mobile Broadband Forecast model (Q1 […]

Technology

Singapore mobile services to hit $2 billion in 2029 with 5G driving revenue stability, says GlobalData

The growing adoption of 5G services in Singapore is set to drive revenue stability and innovation in the telecom sector, counteracting the decline in mobile voice service revenue. By the end of 2029, the country’s total mobile service revenue is expected to reach $2.0 billion, maintaining a steady compound annual growth rate (CAGR) of 0.8% […]

Pharma

FDA drug approvals drop 15.44%, but smaller pharma leads innovation, reveals GlobalData bio/pharmaceutical outsourcing report

Innovator and biosimilar drug approvals by the FDA have declined by 15.44%, from 149 in 2023 to 126 in 2024. Despite this downturn, the landscape of pharmaceutical innovation remains vibrant, particularly among smaller companies, which are making significant strides in addressing unmet medical needs, says GlobalData, a leading data and analytics company. GlobalData’s Bio/Pharmaceutical Outsourcing […]

Pharma

World Tuberculosis Day 2025: Funding cuts threaten global TB control efforts, says GlobalData

World Tuberculosis (TB) Day is marked annually on 24 March, the anniversary of the discovery of the causative mycobacterium by Dr Robert Koch. This year’s theme – “Yes! We Can End TB: Commit, Invest, Deliver” – serves as an important reminder of the need for continued investment and funding in order to end the TB […]

Technology

Mobile service revenue in Australia to increase at 3.4% CAGR over 2024-2029, forecasts GlobalData

The total mobile service revenue in Australia is poised to increase at a compound annual growth rate (CAGR) of 3.4% from $9.6 billion in 2024 to $11.3 billion in 2029, supported by growth in mobile data service revenues, according to GlobalData, a leading data and analytics company. GlobalData’s research reveals that the growth in mobile […]

Technology

5G to drive New Zealand mobile service revenue growth during 2024-2029, forecasts GlobalData

New Zealand’s mobile services revenue is poised to increase at a compound annual growth rate (CAGR) of 2.6% from $1.5 billion in 2024 to $1.8 billion in 2029, driven by the nationwide network expansion by operators to support the rising demand for high-speed connectivity and data-centric services and the subsequent increasing 5G adoption, forecasts GlobalData, […]

Business Fundamentals

GlobalData Country Risk Index shows slight drop in Q4 2024

The global economy stands at a crossroads, balancing trade policy uncertainty and geopolitical tensions against easing price pressures. The latter is supporting a revival in domestic demand and providing central banks with room for potential rate cuts. Against this backdrop, GlobalData, a leading data and analytics company, reports a slight drop in the GlobalData Country […]

Medical Devices

Robotic surgical systems market in China to grow at 12% CAGR through 2036, forecasts GlobalData

The robotic surgical systems market in China is projected to experience significant growth, with a forecasted compound annual growth rate (CAGR) of approximately 12% through 2036. This growth is mainly fueled by innovations in artificial intelligence (AI)-powered robotic assistance and the rising elderly population leading to an increase in need for surgical interventions, reveals GlobalData, […]

Pharma

NHS approval of endometriosis therapy Ryeqo enhances patient care, eases healthcare strain, says GlobalData

The National Health Service (NHS) in England has approved Gedeon Richter’s Ryeqo, the first long-term pill available for endometriosis for patients who have exhausted all other treatment options. The approval addresses the long-standing gap in long-term treatment options for endometriosis, improving overall disease management while easing the burden on healthcare resources, says GlobalData, a leading […]

Technology

Mobile service revenue in China to increase at 2.5% CAGR over 2024-2029, forecasts GlobalData

The total mobile services revenue in China is poised to increase from $139.2 billion in 2024 to $157.3 billion in 2029 at a compound annual growth rate (CAGR) of 2.5%, mainly driven by healthy growth in mobile data services segment, reveals GlobalData, a leading data and analytics company. GlobalData’s research reveals that growth in mobile […]

Medical Devices

GlobalData highlights disease prevention with World Oral Health Day

March 20 marks World Oral Health Day, an important global event aiming to raise awareness about the importance of oral health and its impact on overall well-being. Led by the FDI World Dental Federation, the annual observance encourages individuals, healthcare professionals, and policymakers to act towards improving oral hygiene. Better oral hygiene can help reduce […]

Business Fundamentals

India, Japan and UAE defy global deal downturn in early 2025, reveals GlobalData

The global deal landscape has slowed during the first two months of 2025, with overall deal volume dropping 9% compared to the same period last year. Europe has seen a sharp contraction, while India, Japan and the UAE have shown resilience despite the broader downturn, reveals GlobalData, a leading data and analytics company. Aurojyoti Bose, […]

Retail

UK Mother’s Day spending to reach £2.4 billion, as consumer participation rises, reveals GlobalData

The UK consumer spending for Mother’s Day 2025 is set to reach £2.4 billion, reflecting a 5% increase from the previous year. With more consumers planning to participate, retailers have an opportunity to cater to the rising demand for premium gifts and experiences. Strategic marketing, along with tailored product offerings, will be key to capitalising […]

Medical Devices

China ophthalmic lasers market to grow at 4% CAGR through 2033, forecasts GlobalData

The ophthalmic laser market in China is set for substantial growth, with a forecasted compound annual growth rate (CAGR) of approximately 4% through 2033. This growth is attributed to technological advancements in femtosecond and excimer lasers for refractive surgery, as well as a rising prevalence of eye diseases like myopia, reveals GlobalData, a leading data, […]

Corporate

GlobalData acquires Ai Palette to strengthen its innovation solution with AI-powered consumer insights

GlobalData Plc, a leading data, insight, and technology company, has acquired Ai Palette, an AI-powered consumer insights platform, to enhance its ability to help Consumer Packaged Goods (CPG) brands predict trends and drive product innovation. This acquisition strengthens GlobalData’s offering by integrating Ai Palette’s advanced Artificial Intelligence (AI) and machine learning capabilities, enabling businesses to […]

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CNS market to surpass $80 billion in 2025, driven by MS and psychiatric drug innovation, says GlobalData

China VC funding value nosedives more than 35% during January-February 2025, reveals GlobalData

Cell and gene therapy market set to grow at 44% CAGR through 2030, reveals GlobalData

Japan to rejuvenate pharma landscape with new Government fund and policy reforms, says GlobalData

Laplace transcatheter valve faces challenges beyond just regulatory approval, says GlobalData

Mobile service revenue in Japan to increase at 3% CAGR over 2024-2029, forecasts GlobalData

Singapore mobile services to hit $2 billion in 2029 with 5G driving revenue stability, says GlobalData

FDA drug approvals drop 15.44%, but smaller pharma leads innovation, reveals GlobalData bio/pharmaceutical outsourcing report

World Tuberculosis Day 2025: Funding cuts threaten global TB control efforts, says GlobalData

Mobile service revenue in Australia to increase at 3.4% CAGR over 2024-2029, forecasts GlobalData

5G to drive New Zealand mobile service revenue growth during 2024-2029, forecasts GlobalData

GlobalData Country Risk Index shows slight drop in Q4 2024

Robotic surgical systems market in China to grow at 12% CAGR through 2036, forecasts GlobalData

NHS approval of endometriosis therapy Ryeqo enhances patient care, eases healthcare strain, says GlobalData

Mobile service revenue in China to increase at 2.5% CAGR over 2024-2029, forecasts GlobalData

GlobalData highlights disease prevention with World Oral Health Day

India, Japan and UAE defy global deal downturn in early 2025, reveals GlobalData

UK Mother’s Day spending to reach £2.4 billion, as consumer participation rises, reveals GlobalData

China ophthalmic lasers market to grow at 4% CAGR through 2033, forecasts GlobalData

GlobalData acquires Ai Palette to strengthen its innovation solution with AI-powered consumer insights

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