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GlobalData

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The FT, Sky News, Bloomberg, WSJ, along with over 77 other leading press organisations worldwide quote our data and insight and consider us a trusted, independent source.

Virtual industrial monitoring patents surge reflects mining sector growing emphasis on compliance, says GlobalData

Virtual industrial monitoring is becoming essential in the mining sector, especially for regulatory compliance. By utilizing advanced IoT and AI technologies, these systems offer continuous monitoring and detailed reporting of operational metrics. This helps mining companies meet stringent environmental and safety standards. The rising patent activity further underscores the industry’s shift toward digital solutions for […]
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2024 UEFA European Championships generates estimated sponsorship revenue of $535.25 million, reveals GlobalData

The 2024 edition of the UEFA European Championships saw sponsorship deals from a total of 25 brands, with the largest deal in terms of annual value being with adidas. Alongside Sportradar, Coca-Cola’s deal ranks joint second in terms of the largest sponsorship deals. Overall, the 2024 UEFA European Championships generated sponsorship revenue of $535.25 million, […]
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Abbott shakes up dual chamber leadless pacemaker space with AVEIR DR system, says GlobalData

Abbott Laboratories’ AVEIR DR dual chamber leadless pacemaker system incorporates several cutting-edge technologies that not only improve patient outcomes but also sets a new standard in the management of heart rhythm disorders. Since receiving FDA approval in July 2023, Abbott has acquired approximately 30-40% of share from Medtronic in the dual chamber leadless pacemaker space, […]
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Bangladesh textile sector turmoil fuels optimism for India’s apparel exports, reveals GlobalData

The ongoing political and economic instability in Bangladesh, a global hub for textile and apparel manufacturing, became the focal point of discussion among the industry experts and influencers on social media platform “X”. Influencers highlight that the disruption in Bangladesh’s textile sector offers India a chance to capitalize on the potential shift in global apparel […]
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Abdominal aortic stent grafts market in India to grow at 7% CAGR through 2033, forecasts GlobalData

The growing need for abdominal stent grafts in India is largely driven by the increasing incidence of abdominal aortic aneurysms (AAA). With the aging population and a rise in lifestyle-related conditions such as hypertension and atherosclerosis, the demand for minimally invasive treatments like stent grafts has surged. Against this backdrop, India’s abdominal aortic stent grafts […]
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Scholar Rock’s apitegromab holds potential to become first myostatin inhibitor for SMA patients, says GlobalData

As part of its Q2 2024 Financial Results and Business Progress reporting, Scholar Rock disclosed new positive data from its Phase II TOPAZ trial, with results showing continued and sustained motor function over four years in non-ambulatory patients with spinal muscular atrophy (SMA) treated with apitegromab and nusinersen. The positive data lays the foundation for […]
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Top 20 global biopharmaceutical companies report 4.3% growth in market capitalization in Q2 2024, reveals GlobalData

The biopharmaceutical industry remained resilient in the second quarter (Q2) of 2024 as global markets and investor optimism improved with anticipation of a potential interest rate cut from the US Federal Reserve. The top 20 global biopharmaceutical companies reported a total increase of 4.3% in market capitalization from $3.8 trillion as on 31 March 2024 […]
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Sunification of cosmetics gaining traction in China, says GlobalData

The increased need for sun protection and climate adaptation is fueling the demand for suncare products in China. Consumer inclination towards a lighter skin tone in the country is a key factor enabling them to progressively choose suncare solutions, which limit discoloration and sunspots. Additionally, consumers are preferring added functionalities in cosmetics, resulting in growing […]
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Florida faces staggering economic costs of $30.1 billion due to obesity, reveals GlobalData

Obesity and overweight are estimated to have caused a staggering $30.1 billion reduction in Florida’s economy in 2022, equivalent to 2.2% of the state’s gross domestic product, according to a report released by GlobalData, a leading data and analytics company. GlobalData’s report, ‘Obesity’s Impact on Florida’s Economy and Labor Force,’ analyzes the economic and workforce […]
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South Korean companies look to tap growing personalized nutrition demand in Japan, says GlobalData

Japanese consumers are increasingly interested in personalized nutrition, driven by East Asian trends, especially from South Korea. The surge in popularity is attributed to the focus on natural ingredients. South Korean health and beauty companies are strategically targeting the Japanese market to leverage this trend. With Japan’s consumer health industry projected to grow at a […]
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