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Indian pharmaceutical companies are finding lucrative opportunities for growth in the Chinese pharma market, which is set to rise from nearly US$132bn in 2018 to more than US$209bn by 2022, says GlobalData, a leading data and analytics company. Prashant Khadayate, Pharma Analyst at GlobalData, comments: “The Chinese pharma market is the second largest pharma market […]
Diagnosed prevalent cases of hemophilia in the US to reach 18,723 in 2028, exceeding China
The diagnosed prevalent cases of hemophilia in the US are likely to exceed that of China over the next decade, with 18,723 cases in the US in 2028 as compared to 14,186 cases in China in 2028, according to GlobalData, a leading data and analytics company. GlobalData forecasts an increase in the diagnosed prevalent cases […]
Women are twice as likely to develop post-traumatic stress disorder than men
The number of 12-month total prevalent cases of post-traumatic stress disorder (PTSD) was higher in women than in men in the seven major markets (7MM*), with 5.5 million cases (32.05%) in men compared to 11.7 million cases (67.95%) in women in 2018, according to GlobalData, a leading data and analytics company. The 12-month total prevalent […]
Type II spinal muscular atrophy totaled 10,574 cases in 2018, the highest among all the subtypes
The diagnosed prevalent cases of type II spinal muscular atrophy (SMA) made up the highest proportion with 10,574 cases, nearly one half of all diagnosed prevalent cases of SMA in the seven major markets (7MM*) in 2018, according to GlobalData, a leading data and analytics company. More than one third of type II SMA cases, […]
Global B-cell NHL market set to reach $9.2bn by 2027
The B-cell non-Hodgkin’s lymphoma (NHL) market is expected to grow from $5.7bn in 2017 to $9.2bn by 2027 across the seven major markets (7MM*) at a compound annual growth rate (CAGR) of 4.9%, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘B-Cell Non-Hodgkin’s Lymphoma (NHL): Opportunity Analysis and Forecasts to […]
B-cell non-Hodgkin’s lymphoma diagnosed incident cases set to reach 183,000 in 2027
The burden of diagnosed B-cell non-Hodgkin’s lymphoma (NHL) is expected to increase at an annual growth rate (AGR) of 1.87% from around 154,000 cases in 2017 to 183,000 cases in 2027 in the seven major markets (7MM*), according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘B-Cell Non-Hodgkin’s Lymphoma: Epidemiology Forecast to […]
Global post-traumatic stress disorder market set to reach US$1.2bn by 2028
The total post-traumatic stress disorder market was estimated to be worth US$211.4m across the seven major markets (7MM*) in 2018. This is expected to grow at a compound annual growth rate (CAGR) of 18.7% to reach US$1.2bn by 2028, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Post-Traumatic Stress Disorder (PTSD): […]
Global spinal muscular atrophy market set to reach US$6.6bn in 2028
The total spinal muscular atrophy (SMA) market was estimated to be worth US$1.5bn across the seven major markets (7MM*) in 2018. This is expected to grow to US$6.6bn in 2028, at an impressive compound annual growth rate (CAGR) of 16%, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Spinal Muscular Atrophy […]
Xiidra’s estimated sales of US$1.2bn by 2025 will provide boost for Novartis in ophthalmology market
Following Novartis’ acquisition of Takeda’s dry eye drug Xiidra, Alessio Brunello, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on the first and only prescription treatment approved by the FDA to treat signs and symptoms of dry eye syndrome (DES): “The deal will extend Novartis’ ophthalmology portfolio showing its […]
Governments must showcase potential of HPV vaccines in cervical cancer to fight vaccine hesitancy
Following the latest research published in The Lancet highlighting the potential impact HPV vaccinations could have on cervical cancer rates, James Mather, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “Research continues to demonstrate that population-wide impact of Human papillomavirus (HPV) vaccinations is significantly reducing the prevalence of HPV. […]
Dupixent boost from FDA approval will see drug achieve blockbuster status in 2019 and estimated sales of $6.4bn in 2025
Following the news that the FDA has approved Dupixent for the treatment of chronic rhinosinusitis with nasal polyposis, Philippa Salter, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “Dupixent is the first biologic to be approved for the treatment of chronic rhinosinusitis with nasal polyposis, beating rivals in gaining market approval […]
Lack of reimbursement will limit the impact of digital therapeutics in global healthcare market
A major barrier to the widespread use of digital therapeutics (DTx) is the limitation or lack of reimbursement by public and private health insurance providers, says GlobalData, a leading data and analytics company. Digital Therapeutics (DTx) have been defined by the Digital Therapeutics Alliance (DTA) as “delivering evidence based therapeutic interventions to patients, that are […]
Withdrawal from Voyageur deal reduces pipeline depth of transformative therapies for Sanofi
Following the news that Sanofi has withdrawn from a gene therapy deal with Voyageur Therapeutics, Vinie Varkey, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on what this means for both companies: “At a time when Novartis’ Zolgensma US FDA approval for Spinal Muscular Atrophy (SMA) has certainly accelerated the […]
Negative attitudes towards vaccines means European childhood vaccine market will remain at $1.2bn to 2028
Following the news that a number of people have low confidence in vaccination, James Mather, Senior Pharma Analyst at GlobalData, a leading data and analytics company offers his view on what this means for the vaccine markets: “Results from a large study conducted by the Wellcome Trust add to the growing body of evidence that […]
Robotic surgery systems global market expected to reach US$7.4bn by 2028, says GlobalData
The global robotic surgery market is expected to grow at a compound annual growth rate (CAGR) of 7.7% to reach US$7.4bn by 2028, according to GlobalData, a leading data and analytics company. South and Central America will be one of the fastest growing regions at a CAGR of 8.1% between 2018 and 2028, with North […]
Opioid use disorders market set to reach $4.8bn in spite of lawsuits against manufacturers
Following the news that OxyContin manufacturer Purdue Pharma are being sued by three more US states for exploitation of the opioid crisis, Magdalene Crabbe, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view on what this means for the opioid market: “This is a crisis seemingly without end for Purdue Pharma. The […]
Roche’s Xofluza shows promise in flu prevention
Following the recent news that Roche’s Phase III influenza drug Xofluza met its primary endpoint for influenza prevention, Philipp Rosenbaum, Pharma Analyst at GlobalData, a leading data and analytics company, offers his perspective: “Given that seasonal influenza vaccines were only around 45% effective over the past 10 influenza seasons, a prophylactic label expansion for Xofluza could […]
Novavax’s ResVax at risk of losing first-to-market lead in RSV vaccines
Following the recent news that the FDA has recommended an additional Phase III trial for Novavax’s vaccine to prevent medically significant RSV disease in infants, Paul Jeng, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his perspective: “After a string of late-stage clinical disappointments in trials of both elderly adults and pregnant […]
Following NICE recommendation, Prevymis set to exceed $5.6m peak year sales in UK
Following the recent news that NICE has recommended Merck’s Prevymis for preventing cytomegalovirus (CMV) reactivation in recipients of hematopoietic stem cell transplantation (HSCT), Paul Jeng, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his perspective: “NICE’s revised recommendation is a major commercial win for Merck that will allow Prevymis to be funded […]
Up to six new HBV drugs set to launch by 2027, with China driving market growth
Within the next ten years, up to six new drugs are projected to be approved for the treatment of chronic hepatitis B virus (HBV) infections in the eight major markets (8MM*), according to GlobalData, a leading data and analytics company. The HBV pipeline is heavily weighted towards small molecules and vaccines, which make up almost […]