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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.

UK VC funding hits $9 billion during January-July 2024, driven by big-ticket investments, finds GlobalData

UK-based startups raised $9 billion funding through 704 venture capital (VC) deals announced during January-July 2024, which is a 7.9% year-on-year (YoY) increase in funding value despite a 14.3% decline in deal volume. This reflects an improving appetite for big-ticket investments in promising startups, positioning the UK as a resilient market in the global venture […]
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Eli Lilly’s Zepbound price cut ignites influencer debate on insurance, access, and affordability, reveals GlobalData

Eli Lilly & Company’s recent decision to reduce the price of its weight-loss drug Zepbound (tirzepatide) and offer it as single-use, flexible-dose vials has sparked significant discussion among influencers on social media platform X. The move, intended to enhance affordability and access, has generated a range of sentiments within the industry, reveals the Social Media […]
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Abaloparatide approval to enhance osteoporosis treatment landscape for high-risk patients in UK, says GlobalData

The National Institute for Health and Care Excellence (NICE) approved abaloparatide for treating patients at high risk of fractures in the UK, providing a new and effective treatment option for severe osteoporosis. This approval marks a critical milestone in improving patient outcomes and broadening therapeutic choices in the UK’s osteoporosis market, according to GlobalData, a […]
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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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VC funding in India startups soars to $6.3 billion during January-July 2024 despite global caution, finds GlobalData

India’s startup ecosystem saw a significant surge in venture capital (VC) funding during January-July 2024, with a total of 672 deals raising $6.3 billion. This represents a massive 42.1% year-on-year (YoY) increase in funding value, despite a modest 1.2% rise in deal volume. The spike in funding highlights investor confidence in India’s promising startups, even […]
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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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RingCentral’s new AI contact center capabilities late in introduction with almost no differentiation, says GlobalData

One year after announcing its RingCX contact center platform, RingCentral unveiled four upcoming features infused with artificial intelligence (AI) that address the needs of both contact center agents and supervisors. The features will be available in the US in the coming months through an early access program as well as internationally and through strategic partners […]
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Italy defense budget to struggle to reach 2% spending target despite government efforts, says GlobalData

Italy’s economic issues and political divisions pose a challenge to its long-term defense spending increases and acquisition programs. Despite the government’s policy goals of reaching NATO’s 2% spending target, Italy’s defense budget is projected to remain in the mid-1% range during this decade, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Italy […]
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FDA approval for ExcelsiusFlex platform highlights transformative potential of robotic-assisted technologies in orthopedics, says GlobalData

Globus Medical received 510(k) clearance from the US Food and Drug Administration (FDA) for its ExcelsiusFlex robotic navigation platform with Total Knee Arthroplasty application and the ACTIFY 3D Total Knee System in July this year. The FDA’s clearance for ExcelsiusFlex and ACTIFY 3D Total Knee Systems marks a significant milestone in orthopedic surgery. These systems […]
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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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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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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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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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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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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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