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The venture capital (VC) funding activity in China has experienced a notable contraction in the first four months of 2025, with the latest data showcasing a decline in both deal volume and value, signaling a challenging environment for startups and investors alike. The total number of VC deals announced in China fell by around 16% […]
Taiwan commits to multi-layered defense modernization amid heightened regional tensions, observes GlobalData
Taiwan is undertaking a comprehensive, multi-layered defense modernization effort, driven by rising security threats and the imperative to deter potential aggression from China. With defense spending projected to reach $23.5 billion in 2030, Taiwan is prioritizing advanced air, naval, and unmanned systems, while also strengthening logistics and support infrastructure to enhance resilience and sustain prolonged […]
APAC automotive infrared reflective glazing market to record 1.0% CAGR over 2024-29, forecasts GlobalData
The automotive sector in the Asia-Pacific (APAC) region is witnessing a transformative shift driven by advancements in glazing technology, particularly infrared-reflecting (IRR) glazing. This innovative technology is revolutionizing passenger comfort and energy efficiency in vehicles. As automakers embrace larger glazing areas and panoramic roofs, the APAC IRR glazing market is expected to record a compound […]
Ionis’ Olezarsen to achieve global sales of approximately $849 million by 2032, forecasts GlobalData
Ionis Pharmaceuticals has announced positive topline results from the ESSENCE study evaluating Olezarsen in individuals with moderate hypertriglyceridemia who are at risk of atherosclerotic cardiovascular disease (ASCVD). Upon approval, the drug is projected to achieve global sales of approximately $849 million by 2032, according to GlobalData, a leading data and analytics company. The study met […]
Mammography equipment market in South Korea to grow at 4% CAGR through 2036, forecasts GlobalData
The market for mammography equipment in South Korea is undergoing significant growth. This upsurge is attributable to the broadening scope of breast cancer screening initiatives, increased public awareness, and the incorporation of sophisticated imaging technologies. Owing to these factors, the mammography equipment market in South Korea is set to grow at a compound annual growth […]
Global space economy market to surpass $511 billion in 2029, forecasts GlobalData
The global space economy market is forecast to grow at a compound annual growth rate (CAGR) of 4.0% from $421.0 billion in 2024 to $511.2 billion in 2029, driven by an increase in the deployment of low Earth orbit (LEO) satellites, productivity improvements in satellite equipment manufacturing, the competitive launch services landscape, and demand for […]
Ireland card payments market to surpass $124 billion in 2025 despite economic headwinds, forecasts GlobalData
The Ireland card payments market is expected to growth by 8.7% to reach EUR114.8 billion ($124.2 billion) in 2025 supported by growing preference for electronic payments. Despite economic headwinds, including new US tariffs, strong banking infrastructure, a declining reliance on cash, and steady debit card use are supporting growth, though momentum may slow amid weakening […]
Cyberattack could cause M&S’ apparel market share to stall in 2025, says GlobalData
Following Marks & Spencer’s update on the financial implications of its cyberattack: Pippa Stephens, Senior Apparel Analyst at GlobalData, offers her view: “Marks & Spencer was one of the biggest winners in the UK apparel market in 2024, with its market share rising 0.4ppts to 5.2%*, the highest it has been since 2017. However, this […]
Influencers embrace Google’s Veo 3 as future of filmmaking, reveals GlobalData
Google LLC has captured the attention of influencers on X, largely due to the launch of its innovative AI video generation model, Veo 3, in the third week of May 2025, during the Google I/O event. Influencers have pointed out how this technology makes it increasingly difficult to distinguish between real and AI-generated content, generating […]
US structural heart occlusion market sees early 2025 growth amid trade uncertainty, says GlobalData
The US Structural Heart Occlusion (SHO) market posted a notable 39% year-over-year revenue increase in Q1 2025, amid heightened trade policy uncertainty following President Donald Trump’s re-election and the swift introduction of new tariff measures in early 2025, according to GlobalData, a leading data and analytics company. Trump’s new tariff regime includes a 10% global […]
Mycobacterium tuberculosis tests market in Japan to grow at 4% CAGR through 2036, forecasts GlobalData
As one of the world’s deadliest infectious diseases, tuberculosis (TB) continues to pose a significant global health challenge, especially in low-resource settings, where the lack of timely, accurate, and accessible diagnostics hampers eradication efforts. Against this backdrop, the Mycobacterium tuberculosis tests market in Japan is projected to achieve substantial growth, with an anticipated compound annual […]
APAC deal activity down by 2.6% YoY during January-April 2025, finds GlobalData
The overall deal activity (comprising mergers & acquisitions (M&A), private equity, and venture financing deals) in the Asia-Pacific (APAC) region has experienced a slight contraction in early 2025. Primarily driven by a downturn in venture financing activities, the total number of deals announced in the APAC region fell by 2.6% during January-April 2025 compared to […]
Asia-Pacific card payments market to reach nearly $25 trillion in 2025, forecasts GlobalData
The Asia-Pacific (APAC) card payments market is expected to growth by 4.3% to reach $24.7 trillion in 2025 supported by growing preference for electronic payments. Strong growth in markets like China, South Korea, Japan, and Australia is complemented by rising adoption in emerging economies, supported by infrastructure improvements, regulatory initiatives, and expanding financial inclusion across […]
US VC funding more than doubles to $89 billion YoY during January-April 2025, finds GlobalData
The venture capital (VC) landscape in the US has demonstrated remarkable resilience and growth in funding value in early 2025, despite a slight decline in deal volume. Between January and April 2025, the US recorded a modest decrease of around 4% in VC deal volume compared to the same period in 2024. Despite the fall […]
Sanofi and Regeneron AIM4 trial may redefine timing of biologic use in asthma care, says GlobalData
Sanofi and Regeneron Pharmaceuticals (Regeneron) have launched the Phase IIIb/IV AIM4 trial at the 2025 American Thoracic Society (ATS) International Conference to evaluate whether earlier initiation of dupilumab improves outcomes in patients with moderate-to-severe asthma compared to standard stepwise escalation with high-dose inhaled corticosteroids. The study reflects a growing shift toward personalized, biomarker-driven asthma management […]
South Korea spent $222 billion on defense from 2021 to 2025, reveals GlobalData
The rising tensions with North Korea, coupled with China’s increasing assertiveness, have necessitated South Korea to bolster its military capabilities and readiness. These strategic enhancements include investments in advanced weapons systems, military preparedness, and fortification of cybersecurity infrastructure. In light of these developments, the country has allocated $222 billion for the period from 2021 to […]
US medical device companies show diverging paths on tariff strategy, says GlobalData
The Trump administration’s 2025 trade agenda is compelling US medical device companies to address escalating tariff pressures, especially those on imports from China. While some are making decisive shifts in their manufacturing strategies, others are conservatively absorbing short-term impacts and awaiting tariff stabilization. As such, firms must carefully evaluate the long-term risks of trade disruption […]
MPTS 2025 celebrates largest edition ever with record visitor numbers, reveals MBI, a GlobalData company
The UK’s most powerful hub for the creative industries united for two days of engaged networking, passionate debate and exceptional insights into AI, the creator economy, production craft and more – helping attendees stay ahead-of-the-curve for the year ahead. London, United Kingdom, 21 May 2025 – After two exceptional days of conversation, collaboration and community, […]
Healthcare professionals recognize virtual care role in empowering patients, reveals GlobalData
As digital health technologies continue to evolve, healthcare professionals (HCPs) are increasingly recognizing the role of virtual care in empowering patients. Against this backdrop, a significant majority of HCPs believe trends like telemedicine and remote care have given patients more control over their health management, underscoring the growing importance of virtual care in modern healthcare, […]
Real-world data backs anti-IL-5 use in COPD with comorbid asthma, says GlobalData
Anti–IL-5 biologics, such as mepolizumab and benralizumab, have demonstrated significant efficacy in reducing moderate and severe exacerbations in patients with both asthma and chronic obstructive pulmonary disease (COPD), according to new real-world data presented at the 2025 American Thoracic Society (ATS) International Conference. These findings reinforce the therapeutic potential of eosinophil-targeting agents in patients with […]