According to a report published by Deloitte, the Internet of Medical Things (IoMT) is anticipated to reach USD158.1 billion in 2022. The internet of medical things is a connected infrastructure of inter-networked medical devices and healthcare information technology applications, which allows the collection, analysis, and transmission of data. IoMT and its relationship with MedTech enable healthcare organizations
Since the onset of the COVID-19 pandemic in 2020, researchers have been continuously striving towards developing effective therapies to contain the virus and minimize its implications on the affected individuals. While wearing masks, social-distancing, sanitization, and vaccination remained the leading options for preventing the transmission of infections, the upsurge in the latest coronavirus mutation, Omicron
Global warming has moved beyond just a fringe issue; it has become a global priority. The world has become 1.2C warmer than it was in the 19th century. Continuous atmospheric greenhouse gas emissions and the long-term trend of rising temperatures result in far-fetching repercussions for generations to come. As per the World Meteorological Organization (WMO) report, the past seven
The Indian Pharmaceutical industry has evolved incredibly in the past five decades, becoming the sunrise sector of the country. According to India’s Ministry of External Affairs, the Indian Pharmaceutical sector is poised to grow to USD100 billion by 2025 with its radical innovation and ability to provide medicines and medical support to various nations across the globe. Even during
From facing a major supply crunch to slumping car sales, fluctuating oil prices to a sudden spike in delivery demand, semiconductor shortages to low inventories, the automotive industry faced some major challenges in 2020 and 2021, mainly due to disruptions caused by the COVID-19 pandemic. However, these disruptions have also accelerated developments in the automotive
The acceleration of the adoption of digital technologies in the last two years has been phenomenal. Technologies like automation, artificial intelligence, predictive analytics, and the internet of things (IoT) are enriching our everyday lives and driving change in every sector. As the digitization and virtualization of business and society continues, more and more brands are
The coronavirus pandemic in 2020 has dramatically altered the way healthcare is practiced across the world. Even 2021 presented its own set of challenges for healthcare providers, such as divergent views on vaccines, powerful COVID-19 variants, lack of certain medical equipment. Amidst all the chaos, the healthtech industry managed to overcome all the difficulties by
According to the Environmental Protection Agency (EPA), traditional agriculture practices involving the use of synthetic fertilizers, monocultures, and chemical treatments, contribute to around one-quarter of global greenhouse gas emissions. Prioritizing food production to fulfill its growing demands has taxed soil over the years and left farms less diverse, less healthy, and less resilient. Constant soil destruction
According to the International Energy Agency statistics, there has been a 5% increase in global electricity demand in 2021, half of which is being met by fossil fuels, notably coal. The sharp rise in the use of fossil fuels to generate electricity is expected to push carbon dioxide emission levels to record highs in 2022.
Rapid population growth and the emergence of megacities have led to increased building density and the proliferation of high-rise buildings in cities globally. Ensuring the safety of human and other assets has become difficult in such “vertical” cities, especially during natural/man-made disasters. As per the National Fire Protection Association (NFPA) statistics, house fires resulted in 2,650 deaths and USD6.9 billion worth
