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Flexion Therapeutics recently announced the FDA approval of Zilretta, (triamcinolone acetonide [TA] extended-release injectable suspension) for the treatment of pain associated with moderate-to-severe knee osteoarthritis (OA). This is a segment of the patient population that GlobalData, a leading data and analytics company, expects to significantly drive the value of the market over the next 10 years.
Gilead’s Kite Pharma acquisition leads GlobalData’s Q3 2017 deals analysis
A recent analysis by GlobalData, a leading data and analytics company, identified the top 10 pharma companies by deal value for quarter 3, in 2017, revealed a number of key insights.
Amazon poised to disrupt UK insurance
Amazon is currently recruiting insurance professionals in London to join a new team looking to disrupt the insurance market in the UK, Germany, France, Italy, and Spain, according to GlobalData, a leading data and analytics company.
Meat without animals NPD to hit shelves in 2021
A growing number start-ups are trying to make meat without animals, with a view to addressing concerns about animal welfare and the carbon footprint of meat. However, Chris Lo, Consumer Analyst at GlobalData, a leading data and analytics company, reports that new products will not be ready to hit shelves until 2021.
How will Australian consumers and their banks benefit from the A$1 billion NPP infrastructure investment? explores GlobalData
The price tag for Australian banks to bring the country’s New Payments Platform (NPP) into operational service this year is estimated to be $785 million (A$ 1 billion). NPP is an instant payments system for Australian consumers, meeting their needs for new digital-age ways of paying for goods and services. Instant payment systems are becoming […]
Multi-channel bank users are most at risk of defecting in 2017
Consumers who use multiple channels to interact with their bank are most likely to switch, according to research by GlobalData, a leading data and analytics company.
The global negative pressure wound therapy market set to reach $1.3bn in 2024
The global negative pressure wound therapy (NPWT) market, valued at $1.2bn in 2017, is expanding at a Compound Annual Growth Rate (CAGR) of 2.1% and is forecast to reach $1.3bn in 2024, according to GlobalData, a leading data and analytics company. Disposable NPWT devices are expected to increase at a CAGR of 8.3% during the forecast period.
Melanoma to significantly increase in the US adult population
The diagnosed incident cases of melanoma of the skin in men and woman, ages 18 years and older in the *7MM, are forecast to increase from 165,651 cases in 2016 to 206,717 cases in 2026, at an Annual Growth Rate (AGR) of 2.48% according to GlobalData, a leading data and analytics company.
Rising overpopulation is likely to hinder food standards around the world
Population continues to rise globally, especially in the UK, exacerbating concerns over food standards. According to the Office for National Statistics (ONS), the UK population is expected to increase by 3.6 million (5.5%) over the next ten years to 2026, with the 70 million mark being surpassed by 2029. This increase is more pronounced in births, rather than deaths; 46% of the growth is projected to result from more births.
Macron must do more to bring French Wealth home
In France people with estates worth above €1.3m ($1.37m) are currently subject to wealth tax at rates varying from 0.5 percent to 1.5 percent of net assets. This generally unfriendly tax environment has been driving assets out of the country.
Marijuana is driving innovation in food and drink markets
Cannabis-infused drinks are set to become more widely available. Investment in the marijuana market is increasing as legal recreational use of the drug becomes more widespread, according to GlobalData, a leading data and analytics company.
Insurability scores set to be a key trend in 2018
A trend that is on the verge of taking off in the insurance industry is the introduction of an ‘insurability score’, which is effectively a credit score for insurance customers, according to GlobalData, a leading data and analytics company.
Venezuela’s emerging pharmaceutical markets threatened by economic and political turmoil
Venezuela is one of the emerging pharmaceutical markets in South America, with a major dependence on imports. However, economic and political turmoil along with inefficient patent laws and drug pricing policies are major barriers according to GlobalData, a leading data and analytics company.
Asia Pacific is the next wealth hotspot, says GlobalData
The value of liquid assets held by the global population will exceed $100tn by the end of 2017, with frontier and emerging economies leading the way in terms of future growth according to GlobalData, a leading data and analytics company. The company’s latest report, The Global Wealth Market in 2017 which analyzes the current dynamics […]
Global Oil & Gas market shrinks by 13.6% in 2016 as low crude oil prices push down revenues
MarketLine’s latest market report: ‘Global Oil & Gas’ reveals a declining market trend in 2016 as the price of crude oil pushed down profits of the major players.
16-24 year olds driving growth in the UK household storage market
Young people aged 16-24 are driving growth in the UK household storage market, according to GlobalData, a leading data and analytics company. A large portion of these consumers are in the rental market, and seeking inexpensive storage products to de-clutter their homes and maximise their living space.
Chinese drug delivery devices market set to reach $638.4 million by 2023
Consumer demand for quality is the key driving force behind the dominance of overseas players in the highly competitive Chinese drug delivery devices market, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘China Drug Delivery Devices Market Outlook to 2023, – Central Venous Catheters, Infusion Systems, Needle Free Injections and […]
44% of Americans would struggle to find $400 to pay for an emergency
The four day Money20/20 event which took place in Las Vegas recently, featured presentations and discussions from leading company’s Cognizant, American Express, Intuit, IPsoft, Bank of America, HSBC, and Capital One exploring the customer experience and how technology can help improve the way in which financial providers serve their users.
Non-small cell lung cancer has largest number of clinical trials in Australia and Globally over the last 5 years
A recent analysis of clinical trial activity in Australia by GlobalData, a leading data and analytics company, revealed that 3,199 clinical trials across all diseases and phases took place in the country between January 01, 2012 and December 31, 2016. Non-small cell lung cancer had the largest number of clinical trials overall in Australia, a pattern reflected globally.
71% of European consumers see the importance of living an ethical or sustainable lifestyle
Sustainability and ethics have grown in importance to European consumers over the past five years, according to GlobalData, a leading data and analytics company.