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GlobalData

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AI-powered diagnostics in digital healthcare transforming patient safety, says GlobalData

The introduction of artificial intelligence (AI)-powered diagnostic tools demonstrates the medical industry’s shift towards precision medicine approaches. These tools enable a more personalized approach to healthcare by analyzing biological and clinical data using advanced algorithms that account for individual patient characteristics, biomarkers, and disease profiles. Precision medicine exemplifies a larger trend of tailoring therapeutic interventions […]
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Startups challenging incumbents in AI accelerator chips, reveals GlobalData’s Technology Foresights

Among the several innovations announced at Google I/O 2024, a key highlight was the release of the sixth-generation tensor processing unit (TPU) named Trillium. With its high energy efficiency and significantly higher peak compute performance, the new chip heightens the competitiveness in the AI accelerator market. The technology is witnessing robust growth driven by the […]
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Medical manufacturers begin to see positive outcomes from reshoring, says GlobalData

Since 2020, global supply chains have encountered significant disruptions driven by geopolitical conflicts, armed conflicts, climate change, and shifting demographics. These issues have been especially pronounced in the medical devices sector, where the need for resilient supply chains is crucial. The COVID-19 pandemic exposed the vulnerabilities in this sector, causing severe shortages of essential medical […]
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GE Healthcare and Medis partnership will transform non-invasive cardiovascular diagnostics, says GlobalData

GE HealthCare and Medis Medical Imaging have recently announced a partnership to enhance non-invasive coronary assessments. The partnership represents a significant leap forward in the field of cardiovascular diagnostics. It highlights the potential of integrating imaging and software technologies in transforming cardiovascular diagnostics, according to GlobalData, a leading data nd analytics company. GlobalData forecasts the […]
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Influencers expect Microsoft Copilot+ PCs to pave way for AI-driven computing era, reveals GlobalData

Following Microsoft’s unveiling of Copilot+ PCs, the company has gained prominence among influencers, sparking extensive discussions on social media platform “X”. Influencers believe this technological breakthrough heralds a significant paradigm shift in the monetization opportunities available to developers and the streamlining of their workflows. Notably, the seamless integration of Copilot with Qualcomm’s Snapdragon X series […]
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Startups fight digital deception with deepfake detection tools, finds GlobalData

OpenAI has recently introduced a deepfake detector designed specifically to identify content produced by its image generator, DALL-E. Initially, the tool will be provided to a select group of disinformation researchers for real-world testing. In the dynamic field of cybersecurity, transformative technologies like AI-driven deepfake detection, real-time monitoring, and advanced data analytics are revolutionizing digital […]
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Early UK general election may prove to be a blessing for Govtech supply community, says GlobalData

The unexpected announcement of a UK general election on 4 July 2024 by Prime Minister Rishi Sunak may invigorate the Govtech supply sector. Despite a sluggish start to 2024 in public sector ICT procurements, this development offers renewed prospects for technology providers, potentially revitalizing digital transformation projects and boosting opportunities in the latter half of […]
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Innovent Biologics mazdutide can pave way for transformative T2D treatment, says GlobalData

Innovent Biologics Inc has recently unveiled promising Phase III (DREAMS-2) results for mazdutide, indicating superiority over dulaglutide in glycaemic control for type 2 diabetes (T2D) patients in China. With its potential to revolutionize T2D treatment, mazdutide’s success could not only reshape the landscape of diabetes therapeutics in China but also underscores the growing demand for […]
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LEO satellites drive industry innovation through strategic collaborations, notes GlobalData

Elon Musk’s SpaceX has just rolled out Starlink Internet services in Indonesia, marking a significant milestone for global connectivity and investment opportunities. This highlights the role of low earth orbit (LEO) satellites in enhancing worldwide communication and driving economic growth. International collaborations aimed at bolstering low-latency data relay services tap into pooled expertise and resources, […]
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China renal denervation catheters market to grow at 9% CAGR through 2033, forecasts GlobalData

The prevalence of hypertension has been rising continuously in China, making it a significant health concern. To address this challenge, treatments such as renal denervation systems are emerging as potential solutions, particularly for patients with resistant hypertension. Against this background, the renal denervation catheters market in China is expected to grow at a compound annual […]
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China to spearhead global butadiene capacity additions through 2028, says GlobalData

China is likely to register the highest butadiene capacity additions globally by 2028, contributing about 41% of the total capacity additions from 15 upcoming projects, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Butadiene Industry Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants to 2028” reveals that […]
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