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In healthcare, the foundation of effective care lies in the trust between patients and healthcare professionals (HCPs). Central to this trust is the quality of information conveyed by HCPs, which directly impacts patient satisfaction and empowerment. A robust patient-physician relationship hinges on patients’ confidence in the knowledge and expertise of their healthcare providers, underscoring the […]
AI and IVD medical devices pave way for enhanced dementia and Alzheimer’s diagnosis, says GlobalData
From March 11 to 17 in 2024, the global Brain Awareness Week campaign will bring attention to “The Changing Brain”, diving into the complexities of aging and impact on cognitive health. Central to this theme are conditions like dementia and Alzheimer’s disease, where cognitive decline often results in the loss of independence and a need […]
US JOLTS and NFP figures to surpass consensus, signaling strong labor market, reveals GlobalData
The anticipated US Job Openings and Labor Turnover Survey (JOLTS) report for January 2024, set to be released on 06 March 2024, is expected to surpass the consensus forecasts in both job openings (JOLTS) and non-farm payroll (NFP) figures. Job openings are expected to be between 9.2 to 9.4 million, ahead of the consensus expectation […]
Beacon Therapeutics AGTC-501 poses formidable challenge to Spark Therapeutics Luxturna in retinitis market, says GlobalData
Beacon Therapeutics’ gene therapy AGTC-501 (laruparetigene zovaparvovec) is in the spotlight with encouraging interim results from SKYLINE trial in the retinitis pigmentosa (retinitis) market. Offering a new mechanism of action, it presents a formidable challenge to Spark Therapeutics’ Luxturna (voretigene neparvovec-rzyl), the current frontrunner in gene therapy for retinitis. With promising safety profiles and ongoing […]
Opportunities for cell and gene therapy landscape remain high but so does challenges, says GlobalData
Cell and gene therapies (CGTs) have been gaining traction within the medical community as treatment options that are expected to replace lifelong management of chronic diseases with fewer number of doses, which could offer significant benefits for both patients and strained healthcare systems. However, alongside these opportunities, regulatory barriers and cost concerns pose challenges to […]
GlobalData reveals GLP-1 medications impact on advanced diabetic devices market
The popularity of glucagon-like peptide-1 (GLP-1) drugs like Ozempic and Wegovy has seen a significant uptick in recent times. Projections indicate that the market for GLP-1 medications aimed at weight management could potentially hit $100 billion in 2030. These drugs might present competition for advanced diabetic technologies such as continuous glucose monitoring (CGM) systems and […]
Technology industry 6G pursuit drives strategic hiring, reveals GlobalData
As the tech industry gears up for the next leap forward with 6G technology, companies prioritize strategic hiring to address the evolving needs. The shift to 6G underscores the demand for proficient individuals in wireless communication, network architecture, security, and data analytics. Industry giants such as Qualcomm and Keysight Technologies are already investing in 6G […]
5G innovation takes center stage at MWC 2024: Huawei, Qualcomm, Ericsson shine bright, reveals GlobalData
The Mobile World Congress (MWC) 2024, held in Barcelona between 26-29 February, showcased an array of cutting-edge technological advancements, drawing widespread attention from tech enthusiasts worldwide. With a particular emphasis on the evolution of 5G technology, industry giants such as Huawei, Qualcomm, and Ericsson spearheaded discussions with their groundbreaking innovations, signaling a significant leap forward […]
Global telcos embrace diversity, equity, and inclusivity for long-term success, reveals GlobalData
In an era where diversity, equity, and inclusivity (DEI) are increasingly recognized as essential pillars of success, the global telecommunications industry stands at the forefront of embracing these principles. As the tech sector undergoes rapid transformation and innovation, prioritizing diverse talent acquisition has become paramount for leading companies. With a focus on creating more inclusive […]
High ADHD comorbidity rates offer opportunity for pipeline products to capture market, says GlobalData
Attention-deficit/hyperactivity disorder (ADHD) is a clinically heterogenous neurodevelopmental disorder with high rates of comorbidity with other childhood-onset psychiatric disorders as well as learning disorders. As a result, pipeline products capable of targeting both ADHD and comorbid symptoms will have a competitive edge to capture a highly saturated ADHD market, says GlobalData, a leading data and […]
New Zealand general insurance industry to reach $7.6 billion by 2028, forecasts GlobalData
The New Zealand general insurance industry is set to grow at a compound annual growth rate (CAGR) of 7.3% from NZD9.8 billion ($5.8 billion) in 2024 to NZD12.9 billion ($7.6 billion) in 2028, in terms of gross written premiums (GWP), forecasts GlobalData, a leading data and analytics company. GlobalData’s Insurance Database reveals that the general […]
Novel approaches for amyotrophic lateral sclerosis will transform treatment landscape, says GlobalData
Innovative approaches are poised to revolutionize the treatment of amyotrophic lateral sclerosis (ALS), a challenging and rare disease. The current therapies have limitations in efficacy, prompting a surge in exploration of novel disease-modifying drugs (DMD). With 109 pipeline candidates in various stages of development, the ALS treatment landscape is primed for transformation, offering hope for […]
FDA approval of Takeda Eohilia signals growing opportunities in eosinophilic esophagitis, says GlobalData
The recent approval of Takeda’s Eohilia (budesonide oral suspension) for patients 11 years of age and older, by the US FDA presents an opportunity for the company to compete against Sanofi‘s Dupixent, with potential to capture market share from the latter in the EoE landscape. However, ongoing research is necessary to evaluate its efficacy across […]
Fiber will continue to dominate China fixed communication services market through 2028, forecasts GlobalData
The total fixed communications services revenue in China is expected to increase at a compound annual growth rate (CAGR) of 1% from $288 billion in 2023 to $302 billion in 2028, supported by the growing fixed broadband service adoption. Fiber is set to maintain its dominance until 2028, according to GlobalData, a leading data and […]
Re-Horizon 3 initiative to spur Philippines defense expenditure to $6.2 billion in 2029, forecasts GlobalData
The Philippines is embarking on an ambitious “Re-Horizon 3” military modernization initiative amidst the escalating territorial disputes in the South China Sea. Despite financial constraints, the country aims to bolster its defense capabilities through strategic acquisitions. With an anticipated increase in defense expenditure, reaching $6.2 billion in 2029, the Philippines seeks to enhance maritime and […]
Disney, Netflix lead strategic evolution in streaming industry, reveals GlobalData
In the ever-evolving landscape of video on-demand over-the-top (OTT) streaming industry, major service providers Disney and Netflix are strategically aligning their approaches to maintain relevance. Both are delving into comparable tactics, from exploring paid-sharing options to expanding into gaming and sports streaming domains. Both had their share of discussions around subscribers, paid sharing options, and […]
Germany VC investment surges despite global downturn but calls for innovation strategy to foster unicorn growth, says GlobalData
Germany experienced a notable shift in venture capital (VC) investment trends in January 2024 despite a decline in the number of deals compared to the same month in previous year. While deal volume decreased, the total value of investments surged, showcasing resilience amidst global market uncertainties. This contrasted with declines seen in major markets like […]
Unlocking corporate resilience: Join GlobalData webinar on net zero strategies
As the landscape of environmental, social, and governance (ESG) considerations continues to evolve, businesses worldwide are confronting the imperative of decarbonization. The looming specter of climate change has catalyzed a seismic shift across industries, compelling corporations to recalibrate their operations towards “net zero” emissions. As regulatory, investor, and consumer pressures intensify, the pursuit of sustainability […]
Dealmaking has never been more difficult for Big Tech, observes GlobalData
The merger and acquisition (M&A) landscape for Big Tech is undergoing a dramatic shift. Increased regulatory scrutiny, particularly around antitrust concerns, is making large acquisitions a challenge. This trend extends beyond traditional M&A to Big Tech’s investments in AI, with regulators casting a watchful eye on deals involving smaller AI players. Navigating this complex environment […]
Australia fixed communication services market to reach $7.8 billion in 2028, forecasts GlobalData
Fixed communication services revenue growth in Australia is projected to experience minimal growth, increasing from $7.5 billion in 2023 to $7.8 billion in 2028, with a compound annual growth rate (CAGR) of 0.8%. While revenue from fixed voice services is expected to decline, this will be balanced by a slight uptick in revenue from fixed […]