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Google is at the forefront of the right-to-repair movement, driving key legislative changes that set a new standard for consumer advocacy and sustainability. With its active support leading to legislative wins in states like Oregon and Colorado, Google is reshaping the consumer electronics landscape, promoting repairability, transparency, and longer product lifecycles, while encouraging broader industry […]
Toripalimab to fortify Dr. Reddy’s oncology portfolio as first checkpoint inhibitor for NPC in India, says GlobalData
Dr. Reddy’s Laboratories has recently become the first Indian company to launch checkpoint inhibitor Zytorvi (toripalimab) in collaboration with Shanghai Junshi Biosciences. Zytorvi is a pioneering immuno-oncology therapy for recurrent or metastatic nasopharyngeal carcinoma (RM-NPC). This marks a transformative moment, bringing a next-generation PD-1 inhibitor to India and addressing significant unmet medical needs. With the […]
Canada general insurance industry to surpass $90 billion by 2029, forecasts GlobalData
The Canadian general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.0% from CAD86.75 billion ($65.12 billion) in 2024 to CAD115.82 billion ($90.07 billion) in 2029, in terms of gross written premiums (GWP), forecasts GlobalData, a leading data and analytics company. GlobalData’s Insurance Database indicates that the general insurance industry in […]
Hydrogen startups accelerate clean energy innovations, says GlobalData
The global hydrogen market is experiencing rapid growth, fueled by increasing demand for sustainable energy solutions, supportive government policies, and advancements in hydrogen technology. Startups in the sector are addressing critical challenges such as hydrogen production efficiency, storage, distribution, and application in industrial and mobility sectors, says GlobalData, a leading data and analytics company. GlobalData’s […]
Agentic AI fuels next wave of enterprise automation, says GlobalData
As enterprises seek to scale and innovate in an increasingly complex digital landscape, Agentic AI is emerging as a transformative force, redefining the boundaries of automation. From intelligent decision-making to real-time adaptability, this cutting-edge technology is reshaping industries like healthcare, banking, financial services, and insurance (BFSI), energy, and retail, according to GlobalData, a leading data […]
Global economic growth set to strengthen in 2025 despite hurdles, says GlobalData
As we step into 2025, the global economy is poised for accelerated growth despite the challenges such as geopolitical tensions and potential shifts in policy that could disrupt growth and deepen regional inequalities. The direction of US policy under a new administration could reshape international trade, monetary policy, and economic cooperation. On the brighter side, […]
Respiratory syncytial virus prophylactic market to surpass $6 billion across 8MM in 2030, forecasts GlobalData
The respiratory syncytial virus (RSV) prophylaxis market across the eight major markets (8MM*) is forecast to grow at a compound annual growth rate (CAGR) of 26.7% from $582 million in 2020 to $6.2 billion in 2030, with the pediatric and adult segments accounting for $2.2 billion and $4.0 billion, respectively, according to GlobalData, a leading […]
Cobenfy set to break dopamine dominance in schizophrenia treatment, says GlobalData
The FDA has recently approved Karuna/Bristol Myers Squibb’s KarXT (Cobenfy), an oral medication for the treatment of schizophrenia in adults. Diverging from the traditional dopamine-based therapies, Cobenfy is said to address the critical gaps in the current treatments by targeting muscarinic acetylcholine receptors. Its success can pave the way for broader adoption of non-dopaminergic approaches […]
APAC automotive auxiliary battery market to decline at negative CAGR of 1.9% over 2024-29, forecasts GlobalData
Driven by its status as the world’s largest automotive hub, the Asia-Pacific (APAC) region leads the lead-acid auxiliary batteries market in terms of volume, with India and China being the dominant markets. However, as electric vehicles (EVs) continue to gain popularity worldwide, the demand for internal combustion engine (ICE) cars is anticipated to decline, which […]
APAC computed tomography market to see consistent growth through 2033, forecasts GlobalData
The computed tomography (CT) market in the Asia-Pacific (APAC) region is forecasted to grow at a compound annual growth rate (CAGR) of more than 3% in market value from 2023 to 2033. Within this market, 64-slice CT systems are expected to drive the largest share of growth, with a projected CAGR exceeding 4% over the […]
Vizient contract for Seno Medical’s hybrid imaging technology to help transform breast cancer diagnosis, says GlobalData
In November 2024, Seno Medical secured an Innovative Technology contract from Vizient for its Imagio breast imaging system, a breakthrough device designed to enhance the diagnostic process for breast cancer. The system combines opto-acoustic and ultrasound imaging to provide real-time, non-invasive insights into breast masses, aiming to reduce the need for invasive biopsies. A contract […]
Zendesk Talk Partner Edition for RingEX appealing but not game-changing, says GlobalData
RingCentral’s brand-new addition to its contact center capabilities is Zendesk Talk Partner Edition for RingEX, which integrates Zendesk’s customer contact platform with RingCentral’s RingEX employee communications platform. The offer leverages artificial intelligence (AI) to provide greater detail and insight regarding customer calls. While the new launch marks progress for RingCentral on the contact center front, […]
Influencer sentiment on Trump’s proposed tariffs reveals deep divisions and economic uncertainty, reveals GlobalData
Discussions on X regarding tariffs proposed by US President-elect Donald Trump intensified between 20 November and 5 December 2024, with a focus on two distinct policy proposals. One proposal involved a 25% tariff on goods from Canada and Mexico, conditional upon their actions against illegal immigration and fentanyl trafficking. The second proposal is a 100% […]
China to dominate global acetic acid capacity additions through 2028, forecasts GlobalData
China is set to dominate acetic acid capacity additions globally through 2028, contributing more than 90% of the total capacity additions from seven new build and an expansion project, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, “Acetic Acid Industry Capacity and Capital Expenditure Forecasts with Details of All Active and […]
One third of HCPs prioritize data privacy as the top challenge for AI in clinical practice, says GlobalData
The adoption of artificial intelligence (AI) in clinical practice is revolutionizing healthcare by improving efficiency and patient outcomes. However, with one-third of healthcare professionals identifying data privacy as the top challenge, addressing critical issues such as robust safeguards, workflow integration, and stakeholder acceptance is essential to ensure AI’s ethical implementation and long-term success, says GlobalData, […]
Ford Motor’s recent ads highlight versatility, innovation and heritage to meet lifestyle demands, reveals GlobalData
Ford Motor’s recent YouTube advertising campaigns, spanning September to November 2024, strategically highlight the brand’s versatility, innovation, and heritage, showcasing a diverse range of vehicles and services designed to cater to varied lifestyle demands, reveals the Global Ads Platform of GlobalData, a leading data and analytics company The database insights reveal Ford’s use of compelling […]
Slovakia defense budget to remain above NATO’s 2% GDP target over 2024-29, says GlobalData
The Slovak defense budget is set to see a significant and consistent increase across the 2024-29 forecast period as it procures major platforms and the country’s government responds to a deteriorating security environment in Europe. As a NATO member, Slovakia has committed to meeting the minimum 2% of GDP spending target, and already attained this […]
Europe outpaces US in TCR immunotherapy licensing deals in 2024, reveals GlobalData
Licensing agreement deal value for innovative T-cell receptor (TCR) immunotherapy drugs surged in 2024, with European biopharmaceutical companies reporting a 325% surge ($921 million) from 2023 to 2024 year-to-date (YTD), compared to a 90.5% rise ($256 million) in the US, according to GlobalData, a leading data and analytics company. TCR-based immunotherapies harness their unique ability […]
Trump’s presidency return could boost US biopharmaceutical deal activity, says GlobalData
On 5 November 2024, Donald Trump was elected as the US president for the second term, marking the return of Republican leadership following President Joe Biden’s administration, which saw significant policy changes for the biopharmaceutical industry, such as the Inflation Reduction Act. Although Trump did not disclose his intended healthcare policy changes during his campaign, […]
Singapore general insurance industry to reach $5.9 billion by 2029, forecasts GlobalData
Singapore’s general insurance industry is projected to grow at a compound annual growth rate (CAGR) of 6.2% from SGD6.0 billion ($4.4 billion) in 2024 to SGD8.1 billion ($5.9 billion) in 2029, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. GlobalData’s Insurance Database indicates that the general insurance […]