Healthcare Industry News

The increasing preference for healthcare information technologies (HCITs) has led to the widescale adoption of ambulatory electronic health record (EHR) systems, globally. HCITs facilitate the secure exchange of health information between consumers, payers, and providers and enable the management of health information across all computer systems. According to the National Center for Health Statistics (NCHS) under the U.S. Centers for Disease Control and Prevention (CDC), office-based physicians, pediatricians, and gynecologists/obstetricians in the country are the largest users of HCITs. This has further stimulated the adoption of ambulatory EHR systems in the country. Governments across the world are encouraging clinics and hospitals to switch from traditional health recording systems to the electric format. For instance, the Health Information Technology for Economic and Clinical Health (HITECH) Act of the U.S. government inspires medical facilities to adopt EHR systems, with the obj...

Blockchain, which is a shared immutable ledger for tracking assets and recording transactions, is being increasingly used by healthcare organizations to facilitate the process of data recording and asset tracking. Anything of value can be transmitted and tracked on a blockchain network, at low cost and reduced risk. In recent years, the blockchain technology has become an ideal data storing technology for this sector as it offers immediate, shared, and entirely transparent information collected in an immutable ledger that can be accessed only by authorized members. Thus, due to the exceptional data security offered by this new age record-keeping technology, the blockchain in healthcare market is expected to advance at 67.1% CAGR during 2018–2023. The market was valued at $44.6 million in 2017 and it is projected to reach $890.5 million by 2023. This technology stores data in blocks that are chained together. It links the data in chronological order so that once a new block is filled wi...

According to the United Nations Department of Economic and Social Affairs (UNDESA), the global population of people aged 65 years or above will increase from 727 million in 2020 to more than 1.5 billion by 2050. As age weakens the immune system, the elderly population is highly prone to chronic diseases such as cancer, cardiovascular diseases (CVDs), dementia, diabetes, organ failure, and chronic obstructive pulmonary disease (COPD), which can be diagnosed by using anatomic pathology. Thus, the surging population of the elderly will amplify the need for anatomic pathology tests in the foreseeable future. Additionally, the rising burden of chronic ailments, such as kidney diseases, cancer, autoimmune diseases, liver cirrhosis, hypertension, and heart diseases, especially in high and low- and middle-income countries (LMICs) will propel the anatomic pathology market at 5.8% CAGR during 2019–2024. According to P&S Intelligence, the market revenue will grow from $17.4 billion in 2018 to...

 One of the main factors propelling the demand for medication management services is the rising adoption of mobile health (mHealth) technologies throughout the world. Since the last few years, there has been a massive rise in the demand for mHealth technologies, on account of the increasing internet penetration and surging number of smartphone users. Moreover, the mHealth technologies are cost-effective and provide effective remote patient monitoring solutions, owing to which they are being increasingly adopted across the world.  The other major factors boosting the demand for medication management services are the rising geriatric population, increasing healthcare expenditure, rising incidence of chronic diseases, increasing adoption of remote patient monitoring services, and the mushrooming number of initiatives being taken by the governments as well as the various private and public organizations of several countries in this niche. As a result, the global medication manage...

 “Cancer is the second leading cause of death globally, accounting for an estimated 9.6 million deaths, or one in six deaths, in 2018.”, says the World Health Organization (WHO). This common yet deadly disease involves the growth of cells faster than the older ones die. The increasing mass of cells takes the form of tumors, which have the tendency to rapidly spread to other parts of the body (metastasis) and severely harm them. Among the various causes of cancer are alcohol and tobacco consumption, environmental pollution, certain pre-existing diseases, such as infections, and genetic predisposition. P&S Intelligence credits the rising cancer incidence around the world while forecasting that the radiotherapy market will grow from $7,222.4 million in 2019 to $17,194.4 million in 2030 , at an 8.4% CAGR between 2020 and 2030. Commonly called radiation treatment, radiotherapy involves the usage of high-energy radiation to shrink or destroy cancer cells. Apart from surgery, chemothe...

 The Latin American (LATAM) fracture management market will progress at a CAGR of 5.1% during the forecast period (2020–2030), on account of the surging prevalence of osteoporosis, burgeoning aging population, increasing incidence of road crashes, and soaring number of knee and hip replacement surgeries, in the region. Additionally, the mounting healthcare expenditure and escalating awareness about fracture management products will also aid the market size to grow from $592.0 million in 2019 to $1,002.9 million by 2030. The rising prevalence of osteoporosis will augment the demand for fracture management products in LATAM in coming years, as this bone disease leads to the loss of bone density. According to the International Osteoporosis Foundation (IOF), 655,648 cases of hip fractures will be recorded by 2050. Furthermore, the foundation states that 2.62 million women will be diagnosed with osteoporosis in Argentina by 2050. Also, the IOF estimates that 1 in 3 patients with hip fr...

One of the biggest factors responsible for the increasing use of cleanrooms is the rapid development of high-efficiency particulate air (HEPA) filters. The technological advancements in HEPA filters have enhanced their ability to absorb nano-toxic particles, which has, in turn, made the maintenance of the required environment inside the cleanrooms more efficient. These technological advancements are expected to increase the adoption of cleanrooms in various industries, such as biotechnology, medical, and pharmaceuticals.  Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/europe-cleanroom-technology-market/report-sample Due to the above-mentioned factors, the global cleanroom technology market is expected to expand considerably in the coming years. Cleanroom solutions are widely used in pharmaceutical, medical device, and biotechnology industries and in hospitals, research laboratories, and academic institutions. Amongst these, the pharmaceutical i...