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AI and cybersecurity take center stage in Q2 2024 company filings, reveals GlobalData

Technology, travel and tourism, and insurance business sentiment improves Packaging and retail hit by shifting preferences and rising costs Israel, Indonesia, the UK, and the US witness sentiment growth Global business sentiment witnessed a marginal improvement of 0.2% year-over-year (YoY) during the second quarter (Q2) of 2024. While technology, travel and tourism, and insurance sectors […]
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GlobalData highlights rapid expansion and innovation in digital health technologies for sleep apnea

Inspire Medical Systems recently secured FDA approval for its Inspire V therapy system, a therapy system for obstructive sleep apnea treatment. This achievement highlights the increasing integration of advanced technology in the management of neurological disorders, fitting into the broader industry shift towards precision medicine, as reflected in the FDA’s recent push for innovative solutions […]
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Top 50 APAC listed firms report 0.8% revenue dip amid oil and gas struggles, China’s slow recovery, reveals GlobalData

China dominates the list with 26 companies BYD, Dai-ichi Life Holdings, and Toyota Motor gain over 20% in revenue Financial services sector tops the list with 13 companies The top 50 listed companies in the Asia-Pacific (APAC) region faced a slight 0.8% year-on-year (YoY) dip in aggregate revenue, totaling $6.9 trillion, in 2023. The downturn […]
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rVSV-ZEBOV vaccine first real-world data support prophylactic use for future Ebola outbreaks, says GlobalData

The rVSV-ZEBOV vaccine has demonstrated real-world effectiveness of approximately 84% against Ebola virus disease, revealed a recent study carried out by researchers in Europe and the Democratic Republic of the Congo (DRC). This retrospective, test-negative study, which analyzed 618 individuals during the 2018-2020 Ebola virus epidemic in the DRC, supports the prophylactic use of rVSV-ZEBOV […]
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Rising ADHD diagnoses in 7MM linked to standardized screening tools and guidelines, says GlobalData

The increase in attention-deficit/hyperactivity disorder (ADHD) diagnoses across the seven major markets (7MM*) is closely tied to the adoption of standardized screening tools and updated clinical guidelines. These developments, particularly in the US, have led to more accurate identification of ADHD cases, especially among adults, helping to address the disorder’s significant socioeconomic and mental health […]
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China pharma firms eye stronghold in therapeutic cancer vaccines market, says GlobalData

Cancer vaccines represent a burgeoning field in oncology, with the potential to revolutionize cancer treatment. Earlier, approved cancer vaccines were prophylactic against cancer-causing viruses. However, recent advancements have shifted towards developing therapeutic cancer vaccines, which focus on identifying tumor-specific antigens to create innovative cancer immunotherapies. In this context, Chinese companies are actively positioning themselves to […]
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Minimally invasive technology to drive spinal surgery market growth in US, says GlobalData

Technological advancements from both major industry leaders and innovative smaller companies are changing the landscape of spinal surgery in the US. The demand for spinal procedures continues to grow, driven by an aging population and increasing rates of spinal conditions. The market is seeing the development of advanced surgical systems and minimally invasive techniques, which […]
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APAC automotive hybrid EV powertrains market to expand at 5.9% CAGR over 2024-29, forecasts GlobalData

As consumers grow more environmentally conscious, they are recognizing hybrid vehicles as a practical and affordable alternative to internal combustion engine (ICE) cars and battery electric vehicles (BEVs). The Asia-Pacific (APAC) region, with China, Japan, and India at the forefront, leads the global market in the adoption of hybrid vehicles. Governmental efforts to promote zero-emission […]
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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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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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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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