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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 […]
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Diagnosed prevalent cases of Parkinson’s disease to reach 3.15 million in 7MM by 2033, forecasts GlobalData

The diagnosed prevalent cases of Parkinson’s disease (PD) in the seven major markets (7MM*) are projected to increase from 2.64 million in 2023 to 3.15 million in 2033, with an annual growth rate (AGR) of 1.94%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Parkinson’s Disease Epidemiology Analysis and Forecast to […]
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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 […]
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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 […]
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Heightened health concerns to spur demand for functional beverages in Malaysia, says GlobalData

With the increased focus on health and wellness among Malaysian consumers, functional beverages have gained traction in the country. They are considered the essential solutions for health-conscious consumers who are in search of products that aid their physical and mental wellbeing. Functional beverages that often contain vitamins and probiotics offer improved digestion, enhanced energy, and […]
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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 […]
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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 […]
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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 […]
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Lack of skills and talent still top hinderance for digital transformation in pharma, says GlobalData

The rapid pace of technological advancement has outstripped the ability of traditional training programs to keep up, creating a significant skills gap. Without the necessary expertise, companies may struggle to integrate new systems, leading to stalled initiatives. Lack of specific skills and talents has been found to be the biggest obstacle for pharmaceutical companies in […]
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Multifunctional cosmetics with cross category ingredients gain popularity in APAC, says GlobalData

Consumers in the Asia-Pacific (APAC) region are seeking good value for money cosmetics with added benefits or functionalities, owing to growing hectic and fast-paced lifestyles. Products with flexible formulations that cut down their daily cosmetic routine by handling multiple concerns in a single product are being favored by consumers. As a result, multifunctional cosmetics with […]
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APAC automotive instrument cluster market to reach 55.2 million units by 2029, forecasts GlobalData

In recent years, the automotive industry in Asia-Pacific (APAC) has witnessed a significant shift towards advanced instrumentation in vehicles, as consumers increasingly demand modern features and technologies. From digital displays to driver assistance technologies, consumers are increasingly seeking vehicles that offer not just transportation but a holistic driving experience. As such, the volume of the […]
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