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The US electrophysiology (EP) diagnostic catheter market, particularly the segment for advanced EP diagnostic catheters, is projected to experience a robust compound annual growth rate (CAGR) of 10% in market value from 2024 to 2033, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Electrophysiology Diagnostic Catheters Market Size by Segments, Share, Regulatory, Reimbursement, […]
Jiangsu Hansoh ADC HS-20093 holds potential to set new standard in SCLC second-line treatment in China, says GlobalData
Jiangsu Hansoh Pharmaceutical Group Co Ltd has recently obtained approval for HS-20093, a B7-H3-targeted antibody-drug conjugate (ADC) to be included as Breakthrough-Therapy-Designated (BTD) Drug by the National Medical Products Administration (NMPA) of China for extensive stage small cell lung cancer (ES-SCLC) after standard first-line treatment. Against this backdrop, HS-20093 is expected to strengthen Jiangsu Hansoh […]
JAK inhibitors redefine atopic dermatitis treatment across 7MM, says GlobalData
The landscape of atopic dermatitis (AD) treatment is advancing with approvals of oral and topical Janus kinase (JAK) inhibitors across the seven major pharmaceutical markets (7MM). JAK inhibitors represent a breakthrough in addressing inflammatory conditions like AD, providing a targeted approach that enhances treatment efficacy and safety, while promising new therapeutic options for diverse patient […]
Emirates highlights fleet modernization and customer experience upgrades in Q3 ad campaign, reveals GlobalData
Emirates’ third quarter (Q3) (01 July to 30 September) advertising campaign showcased a strong commitment to enhancing the customer experience through significant fleet modernization and innovative technology. The campaign, primarily focused on brand awareness, highlighted extensive refurbishment programs for both the Airbus A380 and Boeing 777 fleets, introducing new premium economy and business class seating […]
Australia gastroscopes market poised for 7% CAGR through 2033, forecasts GlobalData
Gastrointestinal (GI) cancers, especially in the stomach, colon, and oesophagus, are a major health challenge, impacting millions globally with severe symptoms like abdominal pain, weight loss, and bleeding. Endoscopes play a critical role in the early diagnosis and treatment of these cancers. As Australia is advancing in adopting innovative diagnostic tools, the gastroscopes market is […]
Thailand foodservice industry shifts to cage-free eggs and sustainability to meet consumer demand, finds GlobalData
The growing ethical awareness among the consumers has led the Thailand foodservice industry to increasingly adopt sustainable practices. Many foodservice operators are opting for cage-free eggs and restaurants are placing greater importance on animal welfare. This shift not only addresses the evolving consumer expectations but also aligns with global food standards, reflecting the industry’s commitment […]
New Zealand credit and charge card payments market to reach nearly $40 billion in 2028, forecasts GlobalData
The New Zealand credit and charge card payments market is forecast to register a compound annual growth rate (CAGR) of 4.4% between 2024 and 2028 to reach NZD64.5 billion ($39.6 billion) in 2028, supported by the constant consumer shift towards electronic payments, according to GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics […]
Insurance industry embraces data analytics to improve risk management, says GlobalData
The insurance industry is embracing technological advancements to enhance risk assessment, fraud detection, and customer insights. Insurance data analytics plays an essential role in improving decision-making and optimizing risk management, leveraging predictive modeling and machine learning to support more personalized services and regulatory compliance. The growing patent activity further highlights the industry’s shift towards innovative […]
India to spend $415.9 billion on defense between 2025 and 2029, forecasts GlobalData
India is poised to further expand its defense budget over the next decade to sustain readiness for a potential two-front conflict with regional adversaries China and Pakistan, while enhancing its regional and global stature. Total defense spending, inclusive of pensions, is projected to reach $415.9 billion from 2025 to 2029, marking a compound annual growth […]
Global risk steady in Q3 2024 but down from early 2024, reports GlobalData
Geopolitical uncertainties continue to challenge the global economic prospects, with the ongoing conflicts disrupting supply chains and affecting vulnerable economies. While declining inflation and policy rate cuts are boosting sentiment, the global risk level in Q3 2024 remained stable at 55.6 out of 100, compared to the previous quarter, though it has decreased from levels […]
Crypto hiring sentiment expected to stay strong following Donald Trump’s re-election, says GlobalData
Crypto hiring sentiments are expected to remain high, driven by the recent US election outcome. With Donald Trump returning to office, market optimism for a pro-crypto regulatory environment has been reignited. His stance is anticipated to provide regulatory clarity and foster industry growth, leading to an increase in hiring activity, particularly in compliance and regulatory […]
Fiber lines to drive fixed broadband services market in Asia-Pacific through 2029, forecasts GlobalData
The total fixed broadband service revenue in Asia-Pacific (APAC) is expected to increase at a compound annual growth rate (CAGR) of 4.6% over the forecast period 2024-2029 from $334.5 billion in 2024 to $340.5 billion in 2029. This growth will be primarily driven by the expansion of fiber-optic networks, with fiber broadband set to account for […]
Diagnosed prevalent cases of type 1 diabetes across 7MM set to reach 3.166 million in 2033, says GlobalData
The burden of diagnosed prevalent cases of type 1 diabetes (T1D) is expected to increase at an annual growth rate (AGR) of 0.50% from around 3.01 million in 2023 to 3.166 million in 2033 across the seven major markets (7MM*), forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Type 1 Diabetes: Epidemiology […]
Paratek Phase IIb results highlight omadacycline’s potential to address unmet needs in NTM treatment, says GlobalData
Paratek Pharmaceuticals has released positive topline data from a Phase IIb trial evaluating its oral antibiotic omadacycline in adult patients with nontuberculous mycobacterial (NTM) pulmonary disease. This first-ever, randomized, placebo-controlled trial among the Mycobacterium abscessus complex (MABc) patients, highlights omadacycline’s potential to fulfill a critical unmet need within the NTM market, says GlobalData, a leading […]
Singapore’s e-commerce market to surpass $24 billion in 2028, forecasts GlobalData
The Singapore e-commerce market is growing at a fast pace and is expected to register a strong compound annual growth rate (CAGR) of 8.9% between 2024 and 2028 to reach SGD33.3 billion ($24.8 billion) in 2028, forecasts GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals that Singapore e-commerce market has been on […]
APAC deal volume dips 4.8% YoY in January-October 2024, reveals GlobalData
A total of 11,808 deals (mergers & acquisitions (M&A), private equity and venture financing deals) were announced in the Asia-Pacific (APAC) region during January to October 2024, which was a year-on-year (YoY) decline of 4.8% compared to the 12,406 deals announced during the same period in 2023, according to GlobalData, a leading data and analytics […]
Food waste crisis accelerates sustainable practices across APAC food and beverage industry, says GlobalData
The escalating food waste crisis in the Asia-Pacific region presents a significant challenge that demands urgent attention from stakeholders across the supply chain. To combat this, foodservice operators are increasingly adopting recycling as a cornerstone of sustainable practices. Sustainability initiatives in the food and beverage industry include ethical sourcing, food waste reduction, and implementing composting […]
Global travel and tourism deal activity down by 10.4% YoY during January-October 2024, reveals GlobalData
A total of 583 deals (mergers and acquisitions (M&A), private equity, and venture financing) were announced in the Travel and Tourism sector during January to October 2024. This marked a year-over-year (YoY) decline of 10.4% compared to the 651 deals announced during the same period in 2023, according to GlobalData, a leading data and analytics […]
Global deal activity down by 10.2% YoY during January-October 2024, finds GlobalData
A total of 41,452 deals (mergers & acquisitions (M&A), private equity and venture financing deals) were announced globally during January to October 2024, which represents a 10.2% year-on-year (YoY) decline compared to the 46,166 deals announced during the same period in previous year, according to GlobalData, a leading data and analytics company. An analysis of […]
India dialysis machines market to reach $14 million in 2033, forecasts GlobalData
Chronic kidney disorders, most commonly induced by diabetes, high blood pressure, and other health ailments, pose a huge social and healthcare burden in India, setting up a growing need for advance dialysis services. Against this backdrop, India’s dialysis machines market is expected to reach $14 million in 2033, forecasts GlobalData, a leading data and analytics […]