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GlobalData

Press Release

Argentina’s card payments likely to cross US$100bn mark by 2022 due to favorable regulatory landscape, says GlobalData

Card-based payments are gradually gaining traction in Argentina courtesy of various government initiatives. As a result, the total card payments value is set to record a compound annual growth rate (CAGR) of 20.4% between 2018 and 2022, says GlobalData, a leading data and analytics company. The company’s report, Payments Landscape in Argentina: Opportunities and Risks […]
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Beverage companies need to innovate and adapt to curb impact of sugar tax in Malaysia, says GlobalData

To curb the sharp rise in non-communicable diseases and promote healthier lifestyles, Malaysia’s Ministry of Health is set to impose sugar tax on sugar-sweetened beverages from 1 July 2019. Against this backdrop, it is crucial for the beverage companies to innovate and adapt in line with evolving regulatory landscape and changing consumer preferences, says GlobalData, […]
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Vaccine hesitancy will hinder growth in global vaccine sales over the next decade, says GlobalData

Vaccine hesitancy throughout North America and Europe will prevent vaccination rates in these regions from significantly increasing over the next 10 years, and therefore represents a major barrier to growth in the pediatric combination vaccines market, according to GlobalData, a leading data and analytics company. The company’s latest report ‘Pediatric Combination Vaccines: Global Drug Forecast […]
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Australia’s electronic health record market set to reach US$227.5m by 2025, driven by the adoption of My Health Record, says GlobalData

More than 22 million Australians enrolled in national online electronic health record (EHR)—My Health Record (MHR)—as of January 2019 making it a big success. The adoption of MHR will drive the growth of the EHR market in Australia, says GlobalData, a leading data and analytics company. GlobalData forecasts the EHR market in Australia to increase […]
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Global sleeping disorder market set to reach $1.7bn by 2023 in spite of warning labels, says GlobalData

Despite the emergence of alternative resources for improving sleep such as psychotherapy, herbal teas and ointments, the proven efficacy of pharmaceutical products remains the factor that attracts most insomniacs to sleeping pills, says GlobalData, a leading data and analytics company. According to GlobalData, the global sleeping disorders market is worth over $1.5bn and is expected […]
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Ola looks to scale up Foodpanda’s cloud kitchen business to compete with rivals in India, says GlobalData

India-based, ride-hailing startup Ola is expanding operations for its Foodpanda’s food delivery business with more focus on cloud kitchens in a bid to regulate operating expenses due to declining margins and compete with rivals in India, says GlobalData, a leading data and analytics company. Ola Cafe was the company’s first food delivery initiative in 2015, […]
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Japan’s medical device market set to reach US$74.7bn in 2025 making it an attractive space for investment, says GlobalData

The Japanese medical device market to reach from US$54.5bn in 2018 to US$74.7bn in 2025, growing at a compound annual growth rate (CAGR) of 4.6% says GlobalData, a leading data and analytics company. Japan stands as the world’s second-biggest medical device market, after the US. GlobalData’s latest report ‘CountryFocus: Healthcare, Regulatory and Reimbursement Landscape – […]
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US gears up for adoption of smartphone wearable device Nerivio Migra for migraine treatment from 2020, says GlobalData

The US Food and Drug Administration’s (FDA) has granted the clearance of Theranica Bioelectronics’ smartphone-controlled non-invasive neuromodulation device – Nerivio Migra – for the treatment of acute migraine coupled with further clinical development for expansion of indications will drive the adoption of the device in the US from 2020, says GlobalData, a leading data and […]
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Growth of CTO/MTO projects in China may decelerate as government intensifies efforts to meet clean energy goals, says GlobalData

New coal-to-olefins (CTO)/methanol-to-olefins (MTO) projects in China are expected to face the risk of delay due to the government’s intensified efforts to reduce pollution by reducing coal usage and changing crude oil and coal prices, says GlobalData, a leading data and analytics company. Abundant availability has made ‘coal’ the low-cost advantageous feedstock for petrochemical production […]
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Availability of longer-term real-world data will help Biogen’s Spinraza withstand immediate threats from Novartis’ Zolgensma, says GlobalData

Following the news that Novartis’ Zolgensma received FDA approval, Vinie Varkey MSc, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers her view on its impact on Biogen’s Spinraza: “For Biogen itself, the worry is not expected to be immediate. Spinraza has the advantage of being first-to-market and having associated safety and […]
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Adoption of innovative technologies and partnership with delivery apps crucial for APAC foodservice operators, says GlobalData

In an increasingly technology-driven society, consumers are seamlessly drawn to new online food-delivery platforms. Against this backdrop, leading foodservice delivery companies in Asia-Pacific (APAC) are looking at disruptive technologies as a way to improve their performance, according to GlobalData, a leading data and analytics company. According to the company’s 2018 Q4 consumer survey, due to […]
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US and India lead new-build capacity growth in global LNG liquefaction and regasification industries, says GlobalData

The US and India are expected to lead capacity growth in the global LNG liquefaction and regasification industries from planned and announced (new-build) projects, respectively during the outlook period 2019–2023, according to GlobalData, a leading data and analytics company. The company’s report ‘Global LNG Industry Outlook to 2023 – Capacity and Capital Expenditure Outlook with […]
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Nvidia, Microsoft and ASML Holdings among key companies identified as the semiconductor gaming leaders of tomorrow, says GlobalData

Graphics chipmaker Nvidia is among the world’s leading semiconductor companies best placed to succeed in the gaming arena in the next two to five years, says GlobalData, a leading data and analytics company. According to GlobalData, gaming is one of the top ten themes that will impact the semiconductor sector, alongside data centres, high performance […]
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