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The Australian card acquiring market is projected to grow by 5.5% to reach AUD1.1 trillion ($713.4 billion) in 2025. Despite this growth, global economic uncertainty linked to recent US tariffs may weigh on momentum, slowing the pace of expansion compared to previous years of stronger performance driven by cashless trends and consumer spending, according to […]
Tariffs intensify regulatory pressures for global medical device manufacturers, says GlobalData
As global trade tensions continue to shape the economic landscape, the medical device industry is facing regulatory hurdles tied to shifting tariffs. While tariffs primarily aim to protect domestic industries, their secondary effect is complicating compliance processes and adding pressure to already stringent regulatory pathways, says GlobalData, a leading data and analytics company. When crucial […]
Diagnosed incident cases of B-cell non-Hodgkin’s lymphoma to reach nearly 230,000 in 2033 across 7MM, says GlobalData
The diagnosed incident cases of B-cell non-Hodgkin’s lymphoma (B-cell NHL) in the seven major markets (7MM*) are projected to increase from 200,844 in 2023 to 229,804 in 2033, with an annual growth rate (AGR) of 1.44%, while five-year diagnosed prevalent cases will increase from almost 634,000 to over 714,000 at an AGR of 1.26%, forecasts […]
Three CAR-T therapies to capture over 70% of T-Cell immunotherapy market in 2025, forecasts GlobalData
T-cell immunotherapies (TCI) are redefining cancer care, with chimeric antigen receptor T-cell (CAR-T) therapies witnessing significant momentum. In 2025, just three drugs- Carvykti by Legend Biotech, Yescarta by Gilead Sciences, and Breyanzi by Bristol-Myers Squibb (BMS)– are expected to capture over 70% of the global T-cell immunotherapy market, according to GlobalData, a leading data and […]
South Africa card payments to exceed $158 billion in 2025 amid digital surge and inclusion push, forecasts GlobalData
The South African card payments market is on a solid growth trajectory, projected to reach ZAR2.9 trillion ($158.8 billion) in 2025. This momentum is driven by a growing shift toward digital payments, bolstered by enhanced financial inclusion, expanding payment infrastructure, and rising consumer preference for speed, safety, and convenience in everyday transactions, says GlobalData, a […]
GLP-1R agonists poised to redefine chronic disease treatment beyond diabetes and obesity, says GlobalData
GLP-1 receptor agonists, once focused on treating diabetes and obesity, are now emerging as potential treatments for a broader range of chronic conditions, including Alzheimer’s disease. As evidence builds around their wider therapeutic benefits, particularly in targeting insulin resistance, drug developers are accelerating efforts to expand their use and potentially transform how multiple high-burden diseases […]
Global post-traumatic stress disorder market to reach $5.5 billion in 7MM by 2034, forecasts GlobalData
The post-traumatic stress disorder (PTSD) market is expected to grow from $1.2 billion in 2024 to $5.5 billion by 2034 across the seven major markets (7MM*) at a compound annual growth rate (CAGR) of 16.1%, primarily driven by the entry of eight novel late-stage pipeline products that are all anticipated to be significantly more expensive […]
GlobalData unveils strategies to decarbonize artificial intelligence
The accelerating adoption of artificial intelligence (AI) is driving up energy consumption and greenhouse gas (GHG) emissions across the AI value chain, raising urgent concerns about its long-term sustainability and the environmental impact on tech giants. In response, new research outlines key strategies to decarbonize AI, focusing on improvements in energy sourcing, data center infrastructure, […]
Cell and gene therapy market set to grow at 31.3% CAGR through 2030, forecasts GlobalData
The global dermatological cell and gene therapy (CGT) market is poised for exceptional growth at a compound annual growth rate (CAGR) of 31.3%, with sales projected to rise from $291 million in 2024 to $1.5 billion in 2030. Significant advancements in treatments for dermatology disorders are anticipated, driven by innovations from both small to mid-size […]
Consumers switch to local products and value alternatives amid rising tariffs and price pressures, says GlobalData
In an increasingly complex global landscape shaped by inflation, rising tariffs, and political volatility, consumer behavior is undergoing a profound transformation. Cost-of-living pressures and trade policy disruptions are not only fueling economic anxiety but also prompting tangible shifts in how and why consumers shop. These forces are accelerating a move toward value-driven decision-making, increased scrutiny […]
Influencers sound alarm on US recession driven by tariff-induced economic turmoil, reveals GlobalData
In April 2025, discussions surrounding the recession topic on social media increased by nearly 70% compared to the previous month, driven by growing concerns over economic instability. This marked the highest level of discourse since January 2025, reflecting heightened public anxiety regarding the state of the economy, while influencer sentiment on the topic declined by […]
Private labels surge as US consumers prioritize value amid inflation and tariff uncertainty, says GlobalData
Following the underwhelming Q1 2025 results from several major US food manufacturers, driven in part by tariff uncertainties dampening consumer spending; Hannah Cleland, Senior Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “The ongoing inflationary pressures in the US have driven consumers to prioritize affordability, fuelling a marked rise in […]
India VC funding deal volume and value up by 14% and 12% YoY in Q1 2025, finds GlobalData
India has emerged as a beacon of resilience and growth for venture capital (VC) activity, showcasing a notable year-on-year (YoY) increase in both deal volume and value in the first quarter (Q1) of 2025. India recorded around 14% growth in the number of VC deal announcements during Q1 2025 compared to the same period in […]
US tariffs could seriously disrupt $6.1 billion EU exports of packaging and food processing machinery, says GlobalData
On 2 April 2025, the US administration announced tariffs on all imports, which included a notable 20% tariff on exports from the European Union (EU) to the US. This decision followed the imposition of 25% tariffs on all aluminum and steel imports into the US on 12 March 2025. These policies will significantly alter growth […]
Australia’s credit and charge card payments to near $300 billion in 2025 amid consumer and e-commerce growth, forecasts GlobalData
Australia’s credit and charge card payments market continues to demonstrate resilience and growth, underpinned by rising consumer spending, robust payment infrastructure, and an expanding e-commerce landscape. Enhanced by value-added incentives such as cashback offers, flexible repayment options, and installment facilities, the market is set to maintain an upward trajectory, reaching AUD453.9 billion ($299.7 billion) in […]
Pharma M&A deal value surges by 101% QoQ in Q1 2025 despite US political turbulence, reveals GlobalData
Mergers and acquisitions (M&As) in the biopharmaceutical industry surged 101% in total deal value in Q1 2025 from $18.8 billion in Q4 2024 to $37.7 billion. However, drugmakers remain hesitant to pursue larger-scale transactions. The total deal value in Q1 2025 was 32% lower compared to Q1 2024, as larger M&As are seen as high […]
Oil and gas companies add renewable fuels to low-carbon portfolio, says GlobalData
The global energy landscape is steadily moving toward cleaner sources, with a gradual decline in fossil fuel dependence. The share of fossil fuels in the world’s energy mix has declined from 82% in 2022 to 81.5% in 2023, indicating a gradual shift. This transition is driven by the need to cut greenhouse gas emissions and combat global […]
Japan’s move to leverage rice policy for tariff negotiations could become double-edged sword, says GlobalData
Japan’s rice policy is under intense scrutiny as the nation grapples with rising prices and supply shortages, a stark contrast to the oversupply experienced during the peak of the COVID-19 pandemic. The Ministry of Agriculture, Forestry and Fisheries (MAFF) has released over 210,000 tons from emergency reserves to combat these challenges, yet retail prices remain […]
US diagnostic imaging market faces tariff-driven supply chain and capital risks, reveals GlobalData
The US diagnostic imaging (DI) market is facing growing pressure as new US tariffs raise procurement risks and threaten supply chains. With high-value systems like computed tomography (CT) and magnetic resonance imaging (MRI) heavily reliant on global production, hospitals may delay capital spending amid uncertainty. Although domestic manufacturing offers some short-term protection, extended trade tensions […]
UK VC funding surges by 38% YoY to $4 billion in Q1 2025, finds GlobalData
The venture capital (VC) funding landscape in the UK has witnessed mixed activity in the first quarter (Q1) of 2025, reflecting both resilience and challenges amid a shift in the global economic environment. While the UK remains a significant player in the global VC arena, recent trends indicate a decline in deal volume. However, there […]