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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.

Card payments in Taiwan to grow by 14% in 2024, estimates GlobalData

The Taiwan card payments market is forecast to grow by 14% to reach TWD5.2 trillion ($167.6 billion) in 2024, supported by a constant consumer shift towards electronic payments, according to GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that card payment value in Taiwan registered a growth of 13.9% in 2022, […]
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APAC leads in asthma clinical trials between 2019-2023, says GlobalData

The Asia-Pacific (APAC) region is leading in clinical trials in Asthma between 2019-2023, with China, India, and South Korea among the top countries in this space, according to GlobalData, a leading data and analytics company. According to GlobalData’s Clinical Trials Database, during 2019-23, 51.8% of asthma trials were initiated in the APAC region. China emerged […]
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Chinese companies lead ADC development pipeline, reveals GlobalData

Antibody drug conjugates (ADCs) are a rapidly growing therapeutic class, and Chinese companies are leading the ADC trend, accounting for half of the top 10 developers as they seek to capitalize on potential returns. The significant level of Chinese innovation and presence within the new cancer therapy space underlies the country’s emergence as a key […]
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Cybersecurity faces an AI challenge, says GlobalData

The cybersecurity industry faces a challenge that is anything but business as usual. The prospect of offensive attacks using artificial intelligence (AI) is prompting increases in cybersecurity budgets as organizations try to understand the impact of generative AI on their security. AI is already used for threat detection, and its greater adoption will undoubtedly help […]
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Samsung Biologics set to thrive if BIOSECURE bill passes in US, says GlobalData

The biopharmaceutical industry has been buzzing over the US government’s unveiling of the BIOSECURE bill. Introduced in the House of Representatives in January 2024, the bill mainly aims to restrict federal government funding and/or partnerships with a few Chinese companies deemed a threat to national security. Samsung Biologics, a South Korean biopharmaceutical contract development, and […]
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US jobs market takes a breather after strong start to 2024, expect NFP in line with consensus, says GlobalData

The non-farm payroll (NFP) report for April 2024, set to be released on 03 May 2024, is expected to normalize downward, towards average trend of the previous year, with 255,000 payroll additions, marginally ahead of the consensus expectation of 250,000, but below last month’s 303,000. This downward normalization is reflective of the recent US Job […]
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H5N1 bird flu outbreak spurs influencers call for transparency and safety measures, reveals GlobalData

Amidst the escalating spread of avian influenza, commonly referred to as bird flu, within the US dairy cow and poultry populations, influential discussions have soared on social media platform “X.” These conversations revolve around the pressing issues of transparency and safety amid the H5N1 outbreak in cattle, with potential implications for the milk industry. Since […]
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Neuromodulation devices for epilepsy to see steady market expansion in coming years, says GlobalData

Epilepsy, a neurological condition marked by repeated seizures, impacts millions globally. Though pharmaceuticals have traditionally been the mainstay of treatment, the realm of epilepsy care is evolving, with neuromodulation devices introducing promising innovations. As a result, the neuromodulation devices market is forecast to see a steady expansion in the coming years, according to GlobalData, a […]
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Immunovia’s pancreatic cancer test to further boost IVD’s role in early disease detection, says GlobalData

Immunovia, a Swedish molecular diagnostics company specializing in early cancer detection, announced promising results for its latest pancreatic cancer diagnostic test in a clinical trial. With the demand for early disease diagnosis and a transformative shift towards accuracy and efficiency in In Vitro Diagnostics (IVD), Immunovia’s new test contributes to the sector’s increasingly crucial role […]
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Growing preference for plant-based diets in Malaysia fuels dairy-free innovations, says GlobalData

There is a multitude of reasons why consumers opt for plant-based food and drinks, including dietary restrictions like allergies, adherence to vegan or vegetarian diets, or health considerations, which are pivotal to product innovations, given the positive perception of dairy-free alternatives. As a result, dairy-free innovations are on the rise in Malaysia, says GlobalData, a […]
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APAC automotive turbochargers market to decline at 2% CAGR over 2023-28, forecasts GlobalData

As emission standards have become more stringent globally, such as with the introduction of Euro 6 standards, manufacturers of passenger cars and commercial vehicles are focusing on implementing more fuel efficiency and complying with emission-standard engines, resulting in increased demand for turbocharger technology. However, the growth of electric vehicles (EVs) is significantly reducing the demand […]
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