In the United States, every two seconds someone requires blood either for routine medical procedures or emergency situations. For patients suffering from acute and chronic medical conditions, blood transfusion is an indispensable component of healthcare capable of improving their life expectancy and overall quality of life. Approx. 29000 units of red blood cells, 5000 units of platelets, and 6500 units of plasma are
The global shortage of semiconductor chips has created immense distress as companies worldwide face challenges to meet the growing consumer demands for electronic goods and automobiles, and India is not immune to the global semiconductor crunch. Semiconductors are the ‘building block’ of billions of modern computing products, including smartphones, household appliances, life-saving pharmaceutical devices, data
The growing geriatric population and increasing prevalence of degenerative and chronic diseases have created a need for modern healthcare solutions that limit organ dysfunction and tissue degeneration. Regenerative medicine therapies focused on rejuvenation, regeneration, and replacement are changing how we think about medicine. Advances in cell therapies continue to be at the forefront of healthcare innovation, transforming
Modern mobility solutions are redefining the auto industry and making rapid innovation essential to create unique experiences that customers are demanding. The ever-growing emphasis on reducing emissions and ban on new gas-powered cars entering the marketplace are pushing OEMs to rapidly adopt innovative technologies for more affordable EV-centric portfolios. As per Edison Electric Institute’s recent predictions, EV
The unprecedented global economic crisis brought upon by the COVID-19 pandemic made the world realize that globalization is essential but being self-reliant is also important. Championing the call for “Made in India, Made for the world”, the government is taking steps in the right direction to create a self-sufficient nation. Addressing the insufficiencies and challenges
The increasing adoption of digitization coupled with enhanced connectivity is rapidly accelerating the demand for modern electronics. The global consumer electronics market size was valued at over USD1 trillion and is anticipated to grow at a CAGR of 8% from 2021 to 2027 with increasing internet penetration. All modern electronics require semiconductors that sit in the heart of integrated
With an increased focus on sustainability and the environment, electric vehicles are becoming hugely popular. Despite supply chain disruptions caused by the COVID-19 pandemic, EV vehicles sales in the US have been record-breaking in 2021, with 310,000 EVs sold in the first half of the year, which is close to the 2020 total of about 322,000 for the entire
Rich rewards often entail great risks, and the same stands true for the highly volatile cryptocurrency market. The economic uncertainties in 2020 led to a heightened interest of masses and large institutional investors in a new-age asset class like cryptocurrency. Ever since the country’s Supreme Court overturned a previous ban on cryptocurrencies in March 2020,
For years, credit cards and debit cards have remained the most popular way of conducting transactions. In 2020, cash, debit card, and credit card payments accounted for approximately 19%, 28%, and 27% of the total number of transactions made by the US consumers, according to the 2021 findings from the Diary of Consumer Payment Choice. However, with the advancements in technology
Fluctuating oil prices and growing environmental concerns are pushing consumers toward alternatives to internal combustion engine (ICE) vehicles, accelerating the adoption of electric vehicles. According to the International Energy Agency’s Global EV Data Explorer, nearly 1.8 million EVs were registered in the US in 2020, representing 11.5% of the global EV sales. The annual electric vehicle sales in the US
