The increasing life expectancy of humans has led to a rising number of patients living with chronic disorders, which may ultimately require organ transplantation for the treatment of their condition and prevent end-stage organ failure. Although clinical transplantation is an effective solution to save lives, the imbalance between organ supply and demand for human organs
Amidst the macroeconomic, structural, and microeconomic shifts caused by the COVID-19 pandemic, the Indian pharmaceutical industry responded with agility, exceeding the expectations of governments and markets across geographies. The overall growth of the Indian pharmaceutical industry can be largely attributed to the industry’s leadership in supplying generic formulations to the market, supplying over 40% of
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
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
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
According to the World Health Organization statistics, currently approx. 463 million people are living with diabetes throughout the world. The number is set to rise to some 700 million by 2045. Diabetes is one of the leading causes of death globally, accounting for more than 79,000 deaths annually. The growing prevalence of diabetes worldwide due to poor lifestyle, inadequate physical activity,
It’s been over a year since the COVID-19 pandemic struck the world with full force, and the battle is still ongoing with new fast-spreading variants and renewed lockdown measures. The devastation of the pandemic causing millions of deaths, economic strife, financial burden, and social constraints marked a significant effect on the mental health of people
Increasing number of COVID-19 patients across the globe to drive the growth of global remdesivir market. According to TechSci Research report, “Global Remdesivir Market By Dosage Form (Lyophilized Solution, Frozen Solution), By Route of Administration (Intravenous, Inhalation), By Patient Age (Geriatric, Adult, Pediatric), By Application (SARS-CoV-2 (COVID-19), MERS-CoV, Ebola, SARS-CoV), By Distribution Channel (Hospitals, Clinics, Drug Stores and
Advancing biotechnological research is driving the growth in Global Nanopore Sequencing Market in the forecast period, 2022-2026. According to TechSci Research report, “Global Nanopore Sequencing Market By Product (Consumables v/s Instruments), By Nucleotide Sequenced (DNA v/s RNA), By Type (Direct Current Sequencing, Synthetic DNA and Horizontal Tunnelling Current Sequencing, Optical Reading Techniques Sequencing, Exonuclease Sequencing), By Type of
