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The debate surrounding ultra-processed foods (UPFs) centers on their actual effects and whether they align with optimal dietary practices. However, completely abstaining from UPFs poses a challenge as they are widely available and dominant in various economies. Certain categories, like bread and fortified products, offer essential nutrients. Brands marketing these items must now navigate the […]
Pharmaceutical companies pursuit of patient empowerment calls for enhanced effort, says GlobalData
Pharmaceutical companies are increasingly recognizing the importance of empowering patients to take charge of their health. However, there is still room for improvement in supporting patients. This underscores the need for greater efforts to meet patient needs and enhance engagement, says GlobalData, a leading data and analytics company. GlobalData’s latest survey-based* Thematic Intelligence report, “Patient […]
Cell therapies show promise for addressing Parkinson’s disease non-motor symptoms, says GlobalData
Within the current treatments of Parkinson’s disease (PD) there is an unmet need for addressing the loss of dopaminergic neurons and non-motor symptoms. At the AD/PD 2024 International Conference on Alzheimer’s and Parkinson’s Diseases, BlueRock Therapeutics (a subsidiary of Bayer) presented positive results from their Phase I clinical trial of the gene-modified cell therapy Bemdaneprocel […]
Card payments in Australia to surpass $700 billion in 2024, forecasts GlobalData
Australia has a well-developed card payment market, supported by robust payment infrastructure featuring the widespread acceptance of electronic payments. The country benefits from a nearly 100% banked population and a well-established framework for accepting various payment methods, making it one of the most developed card markets both regionally and globally. Against this backdrop, the card […]
Biotech funding set for recovery in 2024, reveals GlobalData
The biopharmaceutical industry is witnessing a shift in investor sentiment. Despite facing challenges such as declining venture financing and macroeconomic pressures, there exists optimism about a recovery in biotech funding. Healthcare professionals globally express cautious optimism, emphasizing the importance of alternative funding avenues and industry partnerships. This dynamic landscape sets the stage for potential growth […]
Mobile health can improve chronic wound care management, says GlobalData
Chronic wounds pose significant challenges to both patients and healthcare systems globally. These wounds, characterized by their prolonged healing process, often lead to increased morbidity, decreased quality of life, and substantial healthcare costs. However, advancements in mobile health (mHealth) technologies offer promising avenues to improve chronic wound care significantly, according to GlobalData, a leading data […]
Diagnosed incident cases of non-small cell lung cancer across 8MM to reach 1.46 million in 2032, forecasts GlobalData
The diagnosed incident cases of non-small cell lung cancer (NSCLC) in the eight major markets (8MM*) are projected to increase at an annual growth rate (AGR) of 3.33% from 1.01 million in 2022 to 1.46 million in 2032, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, “Non-Small Cell Lung Cancer (NSCLC): Epidemiology […]
MRI systems market in India to grow at 11% CAGR through 2033, forecasts GlobalData
Magnetic resonance imaging (MRI) systems in India bear a significant responsibility in addressing the country’s disease burden. They play a crucial role in early and accurate diagnosis, monitoring disease progression, and guiding treatment plans across a wide range of medical conditions. Against this backdrop, India’s MRI systems market is expected to grow at a compound […]
Travel and tourism sector deal activity down by 22.5% YoY during January-February 2024, reveals GlobalData
The travel and tourism sector witnessed the announcement of 93 deals* globally during the first two months of 2024, an year-on-year (YoY) decline of 22.5% compared to the announcement of 120 deals during the same period in 2023, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that the […]
Cybersecurity emerges as resilient force amid declining TMT deal activity in 2023, finds GlobalData
Despite a decline in overall deal activity within the tech, media, and telecom (TMT) sector, cybersecurity has emerged as a resilient outlier. With escalating cyber threats globally, companies are prioritizing investments in cybersecurity capabilities, leading to a surge in related M&A deals in 2023. This steadfast growth underscores the critical importance of cybersecurity amid evolving […]
AI turns conceptual flavors into reality, yet trust remains imperative, says GlobalData
Artificial intelligence (AI) is revolutionizing the food and beverage industry by translating abstract flavor concepts into tangible realities. Recent advancements in Japan showcase how brands leverage AI to infuse ideas and emotions into product development, creating unique culinary experiences. This innovation not only enhances consumer engagement but also underscores AI’s role in driving sustainable food […]
Agni-5 successful test allows India to deploy MIRV equipped submarine-launched ballistic missiles, says GlobalData
Following the news that the Defence Research and Development Organisation (DRDO) conducted first successful flight test of indigenously developed Agni-5 missile with multiple independently targetable re-entry vehicle (MIRV) technology; Tushar Mangure, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “India is now among the very few nations in the world […]
5G to drive APAC mobile services market during 2023-2028, forecasts GlobalData
The total mobile communications services revenue in the Asia-Pacific (APAC) region is expected to increase at a compound annual growth rate (CAGR) of 4% from $321.9 billion in 2023 to $388.7 billion in 2028, mainly driven by the 5G mobile data services segment, according to GlobalData, a leading data and analytics company. An analysis of […]
Gaming firms discuss acquisition and collaboration to meet diverse needs of global gamers, reveals GlobalData
The gaming industry is experiencing rapid evolution, driven by increasing demand and technological advancements. Amidst the COVID-19 pandemic, the industry witnessed substantial growth and continues to thrive. Companies are strategically innovating, collaborating, and acquiring to meet the diverse needs of gamers globally. Discussions abound on collaboration, acquisitions, and the development of new games and accessories, […]
Early diagnosis continues to pose challenges for Parkinson’s disease-modifying therapies, says GlobalData
Parkinson’s disease (PD) prevention through a combination of early diagnosis and the development of disease-modifying therapies (DMTs) that can halt the progression of PD was a key theme presented by AC Immune at the industry symposium for AD/PD 2024 International Conference on Alzheimer’s disease (AD) and PD. However, the lack of valid biomarkers that can […]
Nationwide should approach Virgin Money rebranding with caution, says GlobalData
Following the news that Nationwide Building Society has agreed to buy Virgin Money UK for £2.9 billion, Phoebe Hodgson, Banking and Payments Analyst at GlobalData, offers her view: “Nationwide’s preliminary deal to acquire Virgin Money will see the building society take on an extremely loyal and satisfied customer base. GlobalData’s Financial Services Consumer Survey shows […]
Multiplay service revenue in APAC to grow at 2.4% CAGR over 2023-2028, forecasts GlobalData
Multiplay service revenue in Asia-Pacific is expected to grow at a compound annual growth rate (CAGR) of 2.4% from $245 billion in 2023 to $276.3 billion by 2028, driven by the continued rise in the number of multiplay households in the region, and growth in the average monthly multiplay household spending, forecasts GlobalData, a leading […]
MMR vaccine efficacy takes spotlight as X influencers discuss amid global measles outbreaks, reveals GlobalData
In the wake of recent measles outbreaks worldwide, there has been a notable uptick in discussions among influencers on the “X” platform regarding the effectiveness of the measles, mumps, and rubella (MMR) vaccine. These discussions, which have surged since January 2024, underscore the importance of the MMR vaccine in preventing infections. Furthermore, efforts to combat […]
APAC aligns with global trend as VC deal volume declines across all funding rounds in 2023, finds GlobalData
In line with the global trends, the Asia-Pacific (APAC) region saw a notable decline in the number of venture capital (VC) deals with disclosed funding rounds announced in 2023 compared to the previous year. VC deal volume decreased across all funding rounds, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals […]
Oncology dominates CRISPR landscape, reveals GlobalData
The Medicines and Healthcare products Regulatory Agency (MHRA) approved Vertex’s exagamglogene autotemcel (Casgevy) in late 2023. Subsequently, it became the inaugural CRISPR-based drug for the hematological indications beta thalassemia and sickle cell disease (SCD). Despite this approval, the CRISPR landscape is dominated by oncology, which accounts for 30% of all active CRISPR drugs. The precision […]