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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

GlobalData emphasizes balancing innovation and accessibility in advanced medical devices

In contemporary healthcare, advanced medical devices have emerged as a beacon of hope, offering groundbreaking solutions to address a wide range of medical conditions. While the potential benefits are undeniable, the landscape of advanced medical devices presents challenges that demand careful consideration. It is crucial to delve into the complex dynamics concerning these devices, scrutinizing […]
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Biofuel production gaining traction for energy transition, says GlobalData

Renewable fuels are biofuels that are produced using advanced biomass such as wastes from agriculture, forestry, food processing, and non-edible crops. These are rapidly gaining popularity among refiners globally due to their potential role in the global energy transition, when compared with petroleum fuels. Hence, biofuels such as renewable diesel and sustainable aviation fuel (SAF) […]
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Top 25 global banks MCap dips 1.3% QoQ during Q3 2023 amidst adverse market conditions, reveals GlobalData

UBS Group, HDFC Bank, Sumitomo Mitsui Financial report 15% growth China Construction Bank, Citigroup lose over 10% JPMorgan Chase consistently tops the table for the last six quarters The aggregate market capitalization (MCap) of the top 25 global banks tumbled by 1.3% to $3.28 trillion quarter-on-quarter (QoQ) during the third quarter (Q3) ended on 30 […]
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GlobalData predicts product cannibalization within electrophysiology ablation space

Pulsed-field ablation (PFA) is reshaping the electrophysiology landscape, marked by Boston Scientific‘s Farapulse PFA system gaining CE mark approval in 2021. The Farapulse PFA system witnessed a remarkable 254% CAGR in patient treatments from 2021 to 2023. PFA’s nonthermal, rapid lesion creation capability has earned it favor among European physicians, heralding potential cannibalization of traditional […]
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Patent surge signals tech advancements in substation modernization in power and utilities sector, says GlobalData

The increase in patents for substation modernization indicates a targeted integration of advanced technologies, showcasing a strategic effort to secure innovations that enhance operational efficiency and grid stability. These patents represent a blend of technical innovation and strategic foresight, crucial for moving towards a more interconnected, smart infrastructure in the power and utilities sector, enabling […]
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India nephrology and urology devices market to grow at 4% CAGR through 2030, forecasts GlobalData

The rising prevalence of non-communicable diseases such as diabetes and hypertension, along with other risk factors, has led to an increasing burden of kidney and urinary tract-related conditions in India. These nephrological and urological diseases, intensified by shifting lifestyles and limited healthcare accessibility, represent a significant public health challenge. Against this backdrop, India’s nephrology and […]
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Canada’s economic growth to stay below 1% in 2024, forecasts GlobalData

Canada’s economic growth prospects are facing headwinds due to a combination of factors, including the high cost of borrowing, a housing crisis, elevated inflation, diminishing business confidence, weakened external demand, political turmoil in the context of deteriorating relations with India, and a drop in the popularity of Prime Minister Justin Trudeau. Against this backdrop, the […]
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Patient comfort in AI-driven healthcare linked to familiarity, finds GlobalData

As the healthcare landscape undergoes transformation due to factors like aging populations, rising chronic diseases, and shifts in lifestyle choices, technology, particularly artificial intelligence (AI), is playing an increasingly vital role. A recent survey highlights how patients’ familiarity with AI significantly influences their comfort level when considering healthcare facilities utilizing this technology, according to GlobalData, […]
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Influencers on X highlight BYD rapid ascent in EV market poses challenge to Tesla, finds GlobalData

The rise of BYD Co. Ltd. in the electric vehicle (EV) market is causing a significant stir, with experts and influencers on “X” acknowledging its potential to challenge Tesla, Inc. BYD’s impressive Q3 2023 deliveries, boasting a 22% increase from the previous quarter, are indicative of its growing influence. Influencers highlight BYD’s cost advantage, diverse […]
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US Open 2023: ESPN streaming hiccups overshadow equal prize money milestone and record attendance, says GlobalData

The 2023 US Open Tennis Championships achieved remarkable attendance records, welcoming 957,287 fans and celebrating 50 years of equal prize money. The tournament’s success in promoting gender equality in prize money remains a significant achievement in the world of sports. However, ESPN’s streaming issues, stemming from a disagreement over channel fees, disrupted the viewing experience […]
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Influencers on X hail WHO-approved R21/Matrix-M malaria vaccine as game changer, reveals GlobalData

The R21/Matrix-M malaria vaccine developed by the University of Oxford and the Serum Institute of India, leveraging Novavax’s adjuvant technology, has been recommended for use by the World Health Organization’s Strategic Advisory Group of Experts (SAGE) and the Malaria Policy Advisory Group (MPAG) on 2 October 2023. Subsequently, influencer discussions on “X” around “malaria vaccine” soared […]
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With integrated GenAI, Pixel Watch 2 will strengthen Google position in congested smartwatch market, says GlobalData

Following the announcement of its next generation smartwatch the Pixel Watch 2 by Google at the Made by Google event; Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “Google’s newly announced Pixel Watch 2 offers much needed improvements over the company’s first-generation smartwatch by way of improved health […]
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