New Delhi: In the last two decades, the medical device industry has experienced significant evolution and transformation. With the advent of technologies such as Artificial Intelligence (AI), it is anticipated to undergo further profound changes and advancements, informed GlobalData, a leading data and analytics company. Further added that AI capabilities including advanced imaging systems, smart … Read more
London: Mobile health (mHealth) applications have emerged as powerful tools in transforming healthcare delivery and empowering individuals to take charge of their well-being. These apps, when regulated effectively, not only enhance patient outcomes but also contribute significantly to the efficiency and accessibility of healthcare services. With the increasing adoption of mHealth apps, regulatory frameworks play … Read more
London: The pharmaceutical industry has experienced a notable uptick in licensing agreements for innovator drugs incorporating clustered regularly interspaced short palindromic repeats (CRISPR)-based technology over the past five years. These agreements, primarily concentrated in oncology, immunology, and central nervous system therapeutics, have collectively accumulated an impressive $21 billion in deal value. Furthermore, the period from … Read more
Mobile wallets are gradually gaining popularity in India and it is projected that the digital payment mode will cross traditional methods like cash and cards in the coming years. GlobalData, a leading data and analytics company, in its report, said mobile wallets and their usage is expected to grow at a compound annual growth rate … Read more
London: In recent years, the integration of artificial intelligence (AI) in the healthcare and lifesciences (HLS) industry has surged, promising transformative impacts on patient care, research, and operational efficiency. At the recently held 2024 Healthcare Information and Management Systems Society Global Health Conference and Exhibition, Microsoft announced that it will be further integrating AI in … Read more
London: Advancements in medical technology, particularly the integration of artificial intelligence (AI), are reshaping diagnostic procedures and patient care. With the burgeoning market for AI-driven diagnostics expected to surpass $908.7 billion in 2030, innovative AI-powered diagnosis apps signify a transformative shift in healthcare delivery. These technologies promise real-time insights, personalised treatment plans, and cost-effective solutions, … Read more
London: Artificial intelligence (AI) has emerged as a game-changing force in the healthcare sector that is vital to the prevention and treatment of chronic illnesses and weight loss. With the introduction of AI technology, a new era of data-driven, personalised healthcare has begun. This technology has the potential to greatly enhance patient outcomes and promote … Read more
London: The rapid integration of new technology and digital health devices into healthcare systems has revolutionised patient care and diagnostic processes. However, the increased reliance on these devices has also exposed the healthcare industry to cybersecurity threats. According to the recent report, Cybersecurity in Medical Devices, the market for cybersecurity in medical devices is expected … Read more
The report by GlobalData, a data and analytics company, showed that it’s driven by the demand for healthcare systems to reduce time, costs, and missed detections when diagnosing a growing number of patients with complex profiles. “A common use of AI in healthcare has been in diagnostic settings, where the speed and accuracy of diagnosing … Read more
London: Artificial intelligence (AI) is increasingly becoming embedded in the provision of healthcare. Against this backdrop, 49 per cent of healthcare industry professionals with prior AI experience showed strong endorsement for its use in clinical practice and administrative tasks, according to a survey (426 healthcare industry professionals were surveyed between March 2023 – June 2023) … Read more