The World Health Organization states pharmaceuticals represented a US $300 billion-a-year market globally as of 2015. The global pharmaceutical market is expected to surpass the US $400 billion by 2018, with the ten largest pharmaceutical companies altogether commanding about a third of the market. Companies in the pharmaceutical industry are symbolized by their sizeable expenditure on Research and Development and marketing initiatives in a bid to collect more revenue. The development of biopharmaceuticals serves a breakthrough for the industry and personalized therapies carry extremely large promise in the near future. Although mature markets continue to account for over half of all global revenue of the pharmaceutical industry, both large and alcove pharmaceutical companies are now waking up to the profitable potential that lies in growth markets.
The healthcare industry deals with the storage, exchange and management of healthcare records between laboratories, insurance agencies, hospitals, patients, and government bodies. The healthcare industry has seen aggressive growth over the last few years. New advances in the information technology domain, connected with the changing demands of patients and healthcare institutions, are combining to shape the future of the global healthcare information technology industry. Many countries are already taking the initiative in implementing extensive Electronic Health Records (EHRs) and as this trend spreads to more countries, several new areas will continue to emerge in the healthcare industry.
The US Healthcare IT market has witnessed a gradual shift owing to factors like government initiative programs, emergence of latest technology and strategic collaboration in the sectors among players. The stringent regulation followed by increasing adoption of healthcare IT system in hospital is rev [...]READ MORE
The Nursing education industry is transforming the healthcare segment. The mandatory nursing education for increasing number of students taking up nursing as profession has improvised the patient caring and monitoring status in the country. It has been expected that the number of registered nurses a [...]READ MORE
Cosmeceuticals are the latest addition to the cosmetic industry, and are defined as beauty products that claim to have a medicinal value. The cosmetic segment has witnessed an exponential growth in India. Owed to convergence of cosmetic manufacturing companies with that of pharmaceutical companies, [...]READ MORE
Antibody Drug Conjugates are monoclonal antibodies that are attached to biologically active drugs by chemical linkers with labile bonds. They combine the unique targeting property of monoclonal antibodies with the cancer cell killing ability of cytotoxic drugs. These allow discrimination between hea [...]READ MORE
The Indian Influenza market has reported a remarkable growth in recent years, and is presenting ample opportunities to the industrys players. With increasing pandemic as well as seasonal outbreak and rising awareness among people about these vaccines, the Indian influenza vaccine market is poised to [...]READ MORE
The Herbal Cosmetic industry in India has been developing in a faster pace. It is observing influx of many national and international brands. The demand for herbal cosmetic products is provoked by changing lifestyles of the consumers, growing awareness among them regarding the harm caused to their b [...]READ MORE
Access to therapeutic drugs form an integral part of any successful healthcare system. The high cost of drugs, however remains a barrier to accessibility and improved health to the majority of the South African population. The promotion of generic drug consumption was the answer to this issue, with [...]READ MORE
The emergence of Cognitive Computing for Cancer has revolutionized the healthcare industry. This technique is allowing a previously unattainable level of personalized treatment options with efficiency and simplicity. Due to this ability, it is anticipated that the Global Cancer Cognitive Computing m [...]READ MORE
The advent of genetic tests has revolutionized the molecular diagnostics and cytogenetic industry. It is one of the most rapidly growing segments in molecular diagnostics industry, which helps in delivering customized health services or personalized medicine. The share of genetic testing is incessan [...]READ MORE
Bioinformatics is the application of computational techniques to analyze the information associated with biomolecules on a large-scale. It has now firmly established itself as a discipline in molecular biology, and encompasses a wide range of subject areas from structural biology, genomics to gene e [...]READ MORE