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China VC funding value nosedives more than 35% during January-February 2025, reveals GlobalData

As the world’s second-largest economy, China has historically been a powerhouse for venture capital (VC) funding activity. However, the January-February 2025 data reveals a sharp year-on-year (YoY) decline of more than 20% in VC deals volume. Concurrently, the total deals value experienced a staggering more than 35% drop, reveals GlobalData, a leading data and analytics […]
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Automotive industry’s sustainability efforts poised to reshape market dynamics significantly, says GlobalData

As the automotive industry moves towards a more sustainable future, integrating recycled materials into manufacturing processes is emerging as a pivotal strategy. With environmental consciousness becoming a fundamental mandate rather than a fleeting trend, the industry’s commitment to sustainability is poised to reshape market dynamics significantly, says GlobalData, a leading data and analytics company. The […]
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Prices of orthopedic robots will drop 20-30% as compact systems and competition expand, says GlobalData

At the 2025 annual meeting of the American Academy of Orthopedic Surgeons (AAOS), many device makers presented the newest generation of orthopedic robots.  Prices of orthopedic robotic systems are expected to decline due to market competition, technological innovation, and economies of scale. In the next five years, the prices may drop 20-30% as compact systems […]
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South Korea and China stand at forefront of degrader antibody-conjugate development in oncology and other indications, says GlobalData

The emergence of degrader-antibody conjugates (DACs) has attracted much attention, with a potential to transform the precision medicine landscape. DACs aim to address the limitations of traditional antibody-drug conjugates (ADCs) that combine the specificity of antibodies with the potency of protein degraders. DACs represent an emerging class of targeted therapy, with South Korea and China […]
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FDA drug approvals drop 15.44%, but smaller pharma leads innovation, reveals GlobalData bio/pharmaceutical outsourcing report

Innovator and biosimilar drug approvals by the FDA have declined by 15.44%, from 149 in 2023 to 126 in 2024. Despite this downturn, the landscape of pharmaceutical innovation remains vibrant, particularly among smaller companies, which are making significant strides in addressing unmet medical needs, says GlobalData, a leading data and analytics company. GlobalData’s Bio/Pharmaceutical Outsourcing […]
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Medtronic’s Evolut trial outcome could shake up US TAVR market, says GlobalData

Medtronic has released results from the two-year point of a clinical trial comparing its Evolut to Edwards Lifesciences’ SAPIEN. The results revealed that the Evolut showed superior performance to the SAPIEN. Specifically, the Evolut showed significantly less BVD, five times less prosthetic valve thrombosis, and nine times less hemodynamic structural valve dysfunction. The clinical trial’s […]
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Blood cancers dominate CAR-T pipeline, reveals GlobalData

Chimeric antigen receptor T-cell (CAR-T) therapeutics have emerged as a dominating cancer treatment within cell and gene therapies (CGT). The CAR-T landscape is dominated by blood cancers, with industry leaders like Bristol Myers Squibb at the forefront of this revolution, driving advancements that have the potential to redefine treatment paradigms for blood cancers, such as […]
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GlobalData Country Risk Index shows slight drop in Q4 2024

The global economy stands at a crossroads, balancing trade policy uncertainty and geopolitical tensions against easing price pressures. The latter is supporting a revival in domestic demand and providing central banks with room for potential rate cuts. Against this backdrop, GlobalData, a leading data and analytics company, reports a slight drop in the GlobalData Country […]
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Robotic surgical systems market in China to grow at 12% CAGR through 2036, forecasts GlobalData

The robotic surgical systems market in China is projected to experience significant growth, with a forecasted compound annual growth rate (CAGR) of approximately 12% through 2036. This growth is mainly fueled by innovations in artificial intelligence (AI)-powered robotic assistance and the rising elderly population leading to an increase in need for surgical interventions, reveals GlobalData, […]
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NHS approval of endometriosis therapy Ryeqo enhances patient care, eases healthcare strain, says GlobalData

The National Health Service (NHS) in England has approved Gedeon Richter’s Ryeqo, the first long-term pill available for endometriosis for patients who have exhausted all other treatment options. The approval addresses the long-standing gap in long-term treatment options for endometriosis, improving overall disease management while easing the burden on healthcare resources, says GlobalData, a leading […]
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