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GlobalData

Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

US respiratory test market faces uncertainty as flu season approaches amid shift to complex assays, finds GlobalData

The US respiratory test market remains volatile post-COVID-19 pandemic, with fluctuating demand influenced by seasonal factors and evolving testing preferences. As flu season approaches, the market faces uncertainty, particularly due to the shift toward more complex and higher-priced testing assays. This transition could lead to significant variations in sales volumes and revenue, highlighting the market’s […]
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Ransomware surge in 2024 demands coordinated global response, says GlobalData

Amid intensifying geopolitical tensions, ransomware attacks in 2024 are set to reach record levels, escalating the risks faced by companies worldwide. There is a shift toward more sophisticated extortion tactics, emphasizing the urgent need for coordinated global action and robust incident response strategies as organizations confront increasingly aggressive and persistent cyber threats, says GlobalData, a […]
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Gilead’s Livdelzi wins FDA approval, challenges Ocaliva dominance in primary biliary cholangitis market, says GlobalData

Gilead Sciences has recently announced the US FDA’s approval of seladelpar, its PPAR-δ agonist, under the brand name Livdelzi, for primary biliary cholangitis (PBC). This major turnaround for seladelpar, once a failed non-alcoholic steatohepatitis (NASH) asset, follows Gilead’s acquisition of the asset’s developer, Cymabay Therapeutics, earlier this year. The approval could present a major challenge […]
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Disruptive technologies set to revolutionize consumer goods value chain by 2035, reveals GlobalData

Disruptive technologies are set to revolutionize the consumer goods value chain from automated farms to robot-run shops over the next 10 years. As precision agriculture, plant-based proteins, and AI-driven retail evolve, industries will undergo profound transformations. These innovations, driven by the need for efficiency and sustainability, promise to reshape how we produce, consume, and interact […]
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Mpox sparks surge in influencer discussions on X following WHO global health emergency declaration, reveals GlobalData

The re-emergence of monkeypox (mpox) has ignited critical discussions among the global health experts on social media platform X in the second week of August 2024, following the World Health Organization’s (WHO) classification of mpox as Public Health Emergency of International Concern. As the clade I variant, widespread in Africa, poses significant risks including severe […]
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Stereotaxis GenesisX EU nod marks major shift in robotic-assisted surgery market, says GlobalData

The EU clearance of Stereotaxis’ endovascular robotic system “GenesisX” marks a significant advancement in the rapidly growing field of robotic-assisted surgery. As the global market for these systems is set to surge, driven by the need for precision in minimally invasive procedures, this highlights the industry’s shift towards innovative technologies that improve surgical outcomes and […]
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Barclays leads Wimbledon sponsorship surge as prize money and media value hit new highs, reveals GlobalData

The 2024 Wimbledon Championships saw record-breaking sponsorship and prize money, reflecting the event’s growing financial clout. Barclays’ significant $118.65 million deal highlighted the tournament’s evolving commercial landscape, while British Broadcasting Corp’s (BBC) media coverage underscored shifting viewer dynamics. Despite lower viewership due to competition with the UEFA final, Wimbledon’s commitment to equal prize money continues […]
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Nuclear fusion startups usher in next era of sustainable energy innovation, says GlobalData

Nuclear fusion technology is rapidly advancing, bringing us closer to a sustainable, limitless energy source. Startups are pioneering innovations like cold fusion, superconducting magnets, laser-ignited capsules, and projectile fusion, addressing the critical challenges of sustained reactions and scalable reactor designs. These breakthroughs mark a transformative moment in energy research, potentially revolutionizing global power generation and […]
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Telcos should adopt pragmatic approach to verticalizing B2B sales by leveraging core horizontal strengths, says GlobalData

Most telecom companies operating in the enterprise market often alternate between verticalized and horizontal sales strategies. While verticalization aims to deepen sector-specific partnerships and boost B2B sales, it often leads to unrealistic expectations and strategic recalibration. To achieve sustainable growth, telcos should adopt a pragmatic approach, focusing on their core horizontal strengths—such as connectivity and […]
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Pharma CMO M&A activity shifts focus to scaling in 2023, reveals GlobalData

Merger and acquisition (M&A) activity in the pharmaceutical contract manufacturing industry declined in 2023 compared to 2021-22. High inflation and interest rates along with an uncertain business environment disincentivized investment. Despite fewer deals, the focus shifted towards scaling operations rather than acquiring specialized capabilities, according to GlobalData, a leading data and analytics company. Adam Bradbury, […]
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China’s rapid GenAI patents surge sets stage for global AI leadership, says GlobalData

China’s rapid advancements in generative artificial intelligence (GenAI) highlight its determination to lead the global AI landscape. The significant surge in GenAI patent filings—nearly 50% of the global total—reflects the country’s aggressive push towards technological leadership. This drive is not only reshaping industries but also setting new standards for innovation, positioning China as a formidable […]
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Virtual industrial monitoring patents surge reflects mining sector growing emphasis on compliance, says GlobalData

Virtual industrial monitoring is becoming essential in the mining sector, especially for regulatory compliance. By utilizing advanced IoT and AI technologies, these systems offer continuous monitoring and detailed reporting of operational metrics. This helps mining companies meet stringent environmental and safety standards. The rising patent activity further underscores the industry’s shift toward digital solutions for […]
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Bangladesh textile sector turmoil fuels optimism for India’s apparel exports, reveals GlobalData

The ongoing political and economic instability in Bangladesh, a global hub for textile and apparel manufacturing, became the focal point of discussion among the industry experts and influencers on social media platform “X”. Influencers highlight that the disruption in Bangladesh’s textile sector offers India a chance to capitalize on the potential shift in global apparel […]
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