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As the urban population continues to increase, there is a significant increase in the number of ‘megacities’ on the planet. GlobalData’s latest city data reveals that in 2025 there will be 41 megacities globally, including 12 in China and six in India.
Asia-Pacific bone growth stimulator market to reach $29.3 million by 2023
The bone growth stimulator market in the Asia-Pacific (APAC) region, which covers Australia, China, Japan, New Zealand, South Korea, and Taiwan, is set to rise from $21.7 million in 2016 to around $29.3 million by 2023, representing a compound annual growth rate (CAGR) of 4.4%, according to GlobalData, a recognized leader in providing business information and analytics.
Japanese pharmaceutical market to rise slightly to $72 billion by 2021
The pharmaceutical market in Japan is set to rise from around $70 billion in 2016 to $72 billion by 2021, representing a low compound annual growth rate of 0.3%,according to GlobalData, a recognized leader in providing business information and analytics.
Rheumatoid arthritis market will hit $28.5 billion by 2025
The rheumatoid arthritis space across the eight major markets (8MM) of the US, France, Germany, Italy, Spain, the UK, Japan, and Australia, is set to grow from $19.5 billion in 2015 to around $28.5 billion by 2025, representing a compound annual growth rate of 3.9%, according to GlobalData, a recognized leader in providing business information and analytics.
Tauopathy drugs for neurodegenerative diseases could take off after first-to-market drug is launched
The tauopathies market, which covers more than 20 neurodegenerative diseases such as progressive supranuclear palsy and corticobasal degeneration characterized by tau protein aggregation in the brain, will be driven primarily by the development of novel therapeutics with a first-to-market drug boosting sales and encouraging pharma companies to focus R&D efforts on this market, according to GlobalData, a recognized leader in providing business information and analytics.
Urology endoscopes market to hit $1.4 billion by 2023
The global urology endoscopes market is set to rise from around $813 million in 2016 to $1.4 billion by 2023, representing a relatively strong compound annual growth rate (CAGR) of 8.4%, according to GlobalData, a recognized leader in providing business information and analytics.
Spirit drinkers keen to experiment with novel flavors but crave authenticity
As global spirit drinkers become more experimental, with at least 39% of them actively trying new varieties within each category, craft distillers are presented with an opportunity to diversify their product portfolio. This can be done by adding unique ingredients, trying unusual ingredient combinations, and using innovative processes, according to GlobalData, a recognized leader in providing business information and analytics.
Sugar taxes inspiring beverage companies to innovate with alternative sweeteners
As sugar’s impact on health becomes ever more apparent and the case for its taxation continues to be made, manufacturers of drinks high in sugar must position themselves ahead of the curve in exploiting demand for beverages with lower sugar content, according to GlobalData, a recognized leader in providing business information and analytics.
37% of financial advisors in the UK are using discretionary fund managers for their clients’ investments
The UK financial advice landscape is facing increased compliance pressure from regulators as well as cost concerns from clients due to greater competition in the market. As such, independent financial advisors (IFAs) are increasingly looking to move away from traditional fund selection strategies towards outsourcing aspects of investment management, according to GlobalData, a recognized leader in providing business information and analytics.
Unmet needs in dyslipidemia set to endure, providing manufacturers with opportunities for development
The dyslipidemia market, which is set to surpass $29 billion by 2025, will continue to contain a number of unmet needs as adjunctive pipeline drugs and new biologics fail to target certain patient sub-groups,according to GlobalData, a recognized leader in providing business information and analytics.
Hepatitis C market to see steady decline as high cure rates in major markets curb patient populations
The hepatitis C market is set to experience a steady decline, falling from $21.7 billion in 2015 to $17.5 billion by 2025, representing a negative compound annual growth rate of 2.1%, according to GlobalData, a recognized leader in providing business information and analytics.
Data center services are a strategic focus area for telcos in sub-Saharan Africa
Telecommunications companies (telcos) in the sub-Saharan Africa region, which have traditionally focused on voice and data connectivity, are increasingly looking to expand their enterprise services portfolio and transition towards offering IT services, according to GlobalData, a recognized leader in providing business information and analytics.
Lupus R&D landscape set to be dominated by partnerships between Big Pharma and small biotech
The lupus market, which is set to reach $3.2 billion by 2025 and has historically been dominated by inexpensive generic drugs, will see a future R&D landscape dominated by partnerships among Big Pharma and small biotech, according to GlobalData, a recognized leader in providing business information and analytics.
Ultrasound systems market to see stable growth to $5 billion by 2023
The ultrasound systems space, which covers 39 major markets, is set to rise steadily from $4.2 billion in 2016 to $5 billion by 2023, representing a compound annual growth rate (CAGR) of 2.5%, according to GlobalData, a recognized leader in providing business information and analytics.
Colorectal cancers market to approach $11 billion by 2025 as availability of branded therapies increases
The colorectal cancer space, which covers the eight major markets (8MM) of the US, France, Germany, Italy, Spain, the UK, Japan, and China, is set to rise from $8.15 billion in 2015 to almost $11 billion by 2025, representing a moderate compound annual growth rate of 3%, according to GlobalData, a recognized leader in providing business information and analytics.
Spinal fusion market to approach $9 billion by 2023 as technology improves
The global market for spinal fusion, which includes spinal plating systems, interbody devices, vertebral body replacement devices, and pedicle screw systems (excluding minimally invasive spine devices), is set to rise from approximately $7.1 billion in 2016 to just under $9 billion by 2023, representing a compound annual growth rate of 3.4%, according to GlobalData, a recognized leader in providing business information and analytics.
Global CT systems market to see rapid growth, surpassing $12 billion by 2023
The market for computed tomography (CT) systems, which are used to generate detailed images of structures inside the body, is set to rise from just under $3.6 billion in 2016 to around $12.1 billion by 2023, representing a compound annual growth rate of 18.2%, according to GlobalData, a recognized leader in providing business information and analytics.
New product trends for a New Year: 10 trends to watch in fast-moving consumer goods in 2017
Ugly is beautiful, cold is hot, and alcohol is healthy: trends from the world of fast-moving consumer goods that reflect the upside-down innovation expected to roil the consumer marketplace in 2017. These are just three of 10 hot new trends GlobalData unit expects to change the course of packaged goods innovation and marketing in the New Year.
Brazil’s meat industry must adapt to financial and health concerns
The contraction of Brazil’s economy in recent years is driving consumers towards more affordable products, which is reflected in their meat choices, according to GlobalData, a recognized leader in providing business information and analytics.
Saudi Arabia to see over 20 million visitors by 2020 as Hajj pilgrimage boosts tourism sector
Inbound arrivals to Saudi Arabia will reach over 20 million by 2020, as the religious tourism sector flourishes in line with increasing demand to join the annual Hajj pilgrimage, the most important religious event of the year in the Muslim world, according to GlobalData, a recognized leader in providing business information and analytics.