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The global deal landscape has been experiencing a downturn in 2025 with the first five months of the year seeing a decline in deal volume compared to the same period in the previous year. The total number of deals (mergers & acquisitions (M&A), private equity and venture financing) announced globally year-on-year (YoY) decreased by around […]
Philippines mobile services revenue to grow at 5.2% CAGR over 2024-2029, forecasts GlobalData
The total mobile services revenue in the Philippines is set to increase at a compound annual growth rate (CAGR) of 5.2% from $4 billion in 2024 to $5.1 billion in 2029, mainly due to the rising adoption of mobile data services, according to GlobalData, a leading data and analytics company. According to Global Data’s Philippines […]
Australia general insurance industry to reach $93.9 billion by 2029, forecasts GlobalData
The general insurance industry in Australia is projected to grow at a compound annual growth rate (CAGR) of 8.8%, increasing from an AUD94.7 billion ($62.5 billion) in 2024 to AUD144.5 billion ($93.9 billion) by 2029, in terms of direct written premium (DWP), according to GlobalData, a leading data and analytics company. According to GlobalData’s Australia […]
Myasthenia gravis market across 7MM set to grow at 5.6% CAGR between 2024 and 2034, forecasts GlobalData
The myasthenia gravis (MG) market across the seven major markets (7MM: the US, France, Germany, Italy, Spain, the UK, and Japan) is poised to grow at a compound annual growth rate (CAGR) of 5.6% from $6.1 billion in 2024 to $10.5 billion in 2034, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, “Myasthenia […]
Influencers give thumbs up to Shopify-Coinbase USDC partnership as a breakthrough for crypto in e-commerce, reveals GlobalData
Shopify Inc has recently partnered with Coinbase Global Inc and Stripe Inc to enable merchants across 34 countries to accept payments in USDC, a stablecoin pegged to the US dollar. Influencers on the social media platform “X” have overwhelmingly praised the move as a pivotal step toward mainstream crypto adoption, highlighting its potential to reshape […]
US HPV testing market shielded from tariffs but export risks for domestic makers remain, reveals GlobalData
The US human papillomavirus (HPV) testing market will remain unaffected by the Trump Administration’s tariffs, as the leading tests—Roche’s cobas and Hologic’s Aptima Panther—are entirely manufactured within the country. With 94.6% of HPV tests produced within the country, the risk of cost increases or supply chain disruptions is minimal. However, export challenges may arise for […]
Air India plane crash will harden aviation reinsurance market, says GlobalData
The fatal crash of Air India flight AI171 on June 12, 2025, has become a pivotal moment for the already tightening global aviation reinsurance market. This tragic incident resulted in the death of 241 passengers and crew members and marks the first-ever fatal hull loss of a Boeing 787-8 Dreamliner, considered one of the most […]
Asia to dominate upcoming liquids storage projects count through 2030, says GlobalData
Asia is poised to dominate the global liquid storage projects landscape, accounting for about 40% of the projects expected to commence operations by the end of the decade, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Liquids Storage New Build and Expansion Projects Analysis by Type, Development Stage, Key Countries, Region and […]
Rising obesity cases in India present significant growth opportunities for both foreign and domestic companies, says GlobalData
Obesity is a growing public health concern in India, impacting individuals of all ages and increasing the risk of chronic diseases such as diabetes, heart disease, and hypertension. Driven by unhealthy diets, sedentary lifestyles, and environmental factors, obesity is rising rapidly, impacting both urban and rural populations. This trend is driving market growth, particularly within […]
Danone Bebelac ads highlight nutritional innovation, child well-being, and parental trust, reveals GlobalData
French food giant Danone’s YouTube advertisements of growing-up milk brand Bebelac from December 2024 to May 2025 emphasize key values such as child health, parental involvement, and evidence-based nutrition, appealing to caregivers who seek optimal choices for their children. They aim to foster a sense of community among parents, facilitating the exchange of experiences and […]
Türkiye’s renewable power capacity to reach 38.2GW in 2035, forecasts GlobalData
Türkiye boasts one of the world’s most rapidly expanding energy markets, driven by its robust economic growth. However, the country relies heavily on fossil and electricity imports to meet its domestic power demand. To reduce this dependency, the country is looking to expand is renewable capacity. In October 2024, Türkiye’s Ministry of Energy unveiled its […]
Australia payment card market to grow by 5.2% in 2025, forecasts GlobalData
The Australian payment card market (including at POS and ATM cash withdrawals) is expected to grow by 5.2% to reach AUD1.2 trillion ($804.7 billion) in 2025e, supported by constant consumer shift towards non-cash payments, forecasts GlobalData, a leading data and analytics company. GlobalData’s Payment Card Analytics reveals that card payments value (including payments at physical […]
Retail icon to £1 bargain: Poundland’s sale exposes cracks in value retailer, says GlobalData
Following the news that Poundland has been sold for £1 to turnaround firm Gordon Brothers with up to 100 stores set for closure; Emily Scott, Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Poundland’s sale comes amid mounting losses and declining revenue, as it has faced intense competition and the […]
Abbott and Medtronic best positioned manufacturers in US neurology market, says GlobalData
As US tariff policies evolve in 2025, neurology device manufacturers face rising cost pressures and growing uncertainty over production strategy. However, Abbott and Medtronic are best positioned among top competitors, with majority of their 510(k)-approved neurology devices manufactured exclusively in the US, respectively, according to the MedSource Database of GlobalData, a leading data and analytics […]
China to drive global propylene capacity additions through 2030, says GlobalData
China is poised to significantly expand its propylene production capacity by 2030, backed by strong demand for propylene derivatives such as polypropylene and propylene oxide in the building, packaging, and construction industries. Accounting for over 40% of the expected capacity additions worldwide by 2030, China is positioning itself as the dominant player in the global […]
US cardiovascular device market under threat from tariffs, says GlobalData
US medical device companies continue to face uncertainty and instability as President Donald Trump’s tariffs continue to disrupt the market. Major manufacturers are currently most concerned with supply chain interruptions and cost increases, leading to constant adjustments of company forecasts. Cardiovascular devices are especially vulnerable to the impacts of tariffs, as many of these devices […]
Under Armour YouTube ads emphasize performance, resilience, and aspirational journeys to connect with diverse athletes, reveals GlobalData
Under Armour Inc’s YouTube advertising campaigns from March to May 2025 emphasize the brand’s commitment to athletic excellence, resilience, and personal growth, targeting aspiring athletes and sports enthusiasts. They highlight the importance of hard work, teamwork, and overcoming doubt, effectively linking Under Armour’s high-performance apparel and footwear to the journey of athletes striving for greatness, […]
Philippines’ annual renewable power generation to reach 69.4TWh in 2035, forecasts GlobalData
The Department of Energy in the Philippines has established an ambitious objective of attaining 35% renewable energy generation by 2030. Furthermore, the country is on a path to install 15GW of clean energy by the same year. It has also set a target of achieving 50% renewable energy generation by 2040. Against this backdrop, annual […]
Merck’s Enflonsia to gain competitive advantage in paediatric RSV prophylaxis market with lack of weight-based dosing, says GlobalData
Merck’s Enflonsia (clesrovimab) has received FDA approval for the prevention of respiratory syncytial virus (RSV) lower respiratory tract disease (LRTD) in newborns and infants born during or entering their first RSV season. Enflonsia is a long-acting monoclonal antibody (mAb) that can provide protection through a typical 5-month RSV season with a 105mg dose, regardless of […]
GlobalData highlights impact of US tariffs on medical robotics industry
The US government’s imposition of new tariffs in 2025 marks a significant shift in trade policy that has wide-reaching implications across multiple sectors, including healthcare. Among the most affected segments is the medical robotics industry, a high-growth field that blends precision engineering, artificial intelligence (AI), and life-saving applications in surgery and diagnostics. While tariffs are […]