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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.

Abbott partnership could improve Medtronic’s faltering diabetes care segment, says GlobalData

Medtronic and Abbott Laboratories recently announced a partnership to integrate the former’s automated insulin delivery (AID) systems, such as the MiniMed insulin pump, with Abbott’s continuous glucose monitor (CGM) technology. This partnership is Medtronic’s first with another major diabetes care company and follows disappointing results from its diabetes care division since 2022.  To be developed […]
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Innovation surge in lipid nanoparticle technology to reshape gene therapy landscape, reveals GlobalData’s Technology Foresights

Intellia Therapeutics unveiled promising proof-of-concept data for its proprietary lipid nanoparticle (LNP) delivery platform in July this year. This development marks a significant milestone in the emergence of LNPs as a crucial non-viral vector for gene therapy delivery. The success paves the way for trials targeting various new applications of LNP technology, which could reshape […]
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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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China’s rapid GenAI patents surge sets stage for global AI leadership, says GlobalData

China’s rapid advancements in generative artificial intelligence (GenAI) highlight its determination to lead the global AI landscape. The significant surge in GenAI patent filings—nearly 50% of the global total—reflects the country’s aggressive push towards technological leadership. This drive is not only reshaping industries but also setting new standards for innovation, positioning China as a formidable […]
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Pharma CMO M&A activity shifts focus to scaling in 2023, reveals GlobalData

Merger and acquisition (M&A) activity in the pharmaceutical contract manufacturing industry declined in 2023 compared to 2021-22. High inflation and interest rates along with an uncertain business environment disincentivized investment. Despite fewer deals, the focus shifted towards scaling operations rather than acquiring specialized capabilities, according to GlobalData, a leading data and analytics company. Adam Bradbury, […]
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APAC automotive keyless entry system market to decline at 0.5% CAGR over 2024-29, forecasts GlobalData

Consumer preference has increasingly favored keyless entry systems, encompassing both active and passive variants, in the Asia-Pacific (APAC) region. This trend is propelled by the convenience of vehicle access and the enhanced aesthetic appeal these systems provide. Despite these positive aspects, there is a palpable concern among consumers, fueled by numerous incidents of theft involving […]
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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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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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