GlobalData analysis finds that the prostate cancer therapeutics market in Germany is attractive and is primarily driven by the growth in the hormone-refractory prostate cancer therapeutics market. The growth in the number of total patients receiving treatment and increase in the annual cost of hormone-refractory prostate cancer therapy is expected to offset the impact of generic erosion in...
At present, the global cancer vaccines market is occupied by cervical and prostate cancer vaccines. The vaccines available for cervical cancer are all prophylactic; the brands are Gardasil and Cervarix. The only therapeutic vaccine available in the market is Provenge from Dendreon Corporation. At present, the global cancer vaccines market is occupied by cervical and prostate cancer vaccines. The...
Saudi Arabia will continue to be the top crude oil producer in Middle East and Africa with 26% of the total production in the Middle East in both 2009 and 2020. Iran will emerge as the second largest crude oil producer in the region after Saudi Arabia. Total crude oil production in Iran is expected to be about 4642.1 thousand bpd (bpd) in 2020, more than 20% of the total crude oil production in...
Over the last few years, the pharmaceutical industry has seen patent expiries for major blockbuster drugs which have resulted in losses worth billions. More blockbuster drugs are about to lose patent in the coming years. In such a situation, pharmaceutical companies are increasingly adopting various drug delivery systems to enhance their product efficacy, patient compliance and extend patent...
The global market for spinal implants is forecast to grow from $6.5 billion in 2009 to about $10.3 billion by 2016, with a Compound Annual Growth Rate (CAGR) of 7%. The global spinal fusion implants market is expected to reach a size of $9 billion by 2016. The market size in 2009 was $5.9 billion and is expected to grow at a CAGR of 6%. The global market for spinal non-fusion implants is expected...
The power demand in the global market has increased at a very fast pace in the 21st century. The increasing power demand is attributed to the increasing standard of living, high economic growth and the increased use of electronic and electrical appliances. The power consumption has increased to a level where the world has started to look out for other alternative sources of power. With the...
The global shoulder replacement market was valued at $578.9m in 2009, and is forecast to reach $1,062m in 2016, after growing at a Compound Annual Growth Rate (CAGR) of 9% during the period 2009-2016. The shoulder replacement market is expected to be driven by factors such as increasing surgeon familiarity with the procedure and the increasing interest of people in leading an active life. The...
Emerging Markets Constitute 26% of the Global Storage Capacity and Will Grow at an AAGR of 6.9% during 2009-2013
Favorable Policies and Legislations Drive Renewable Energy Market in South America
The joint venture (JV) between the Netherlands-based Shell International Petroleum Company Limited (Shell) and Cosan S.A. (Cosan) will invest around $12 billion in the Brazilian bioethanol industry.