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Showing posts from July, 2023

Global Medical Image Management Market is poised to witness a CAGR of 7 to 8% by 2027

The medical image management system is a platform which can handle multiple types of medical images in a healthcare company. Some of the primary advantages of a modern medical image management system are image capture, image storage, image retrieval, and image distribution and it also includes various tools for image analysis and image processing. An increasing Application of Medical Image Management Systems in the Diagnostic Market is Driving the Growth of the Global Medical Image Management Market Medical image management system plays a very important role in diagnostic imaging. One of the key advantage, the system offers is an integration of medical image data with the patient’s electronic health records and other healthcare systems thus providing a complete view of the patient's health. Some of the advanced technologies used in these systems are Picture Archiving and Communication System (PACS), Vendor Neutral Archives (VNA), and Application-independent Clinical Archives (AICA

Global Continuous Renal Replacement Therapy (CRRT) Market is poised to grow at a CAGR of 7 to 9% by 2027

Continuous Renal Replacement Therapy (CRRT) is a slow and gentle form of dialysis which removes the additional fluids and waste products from blood in a continuous manner, similar to the way the kidneys function in healthy people.  Adoption of CRRT for the Treatment of Severely Sick Patients with Acute Kidney Injury (AKI) Fuels its Worldwide Growth AKI is a global kidney problem and is most common among severely sick patients. It is projected that around 13.3 million people across the world are suffering from AKI yearly, ~85% of whom live in developing regions. The major objective of CRRT for severely sick patients with AKI problems are maintaining fluid, electrolyte, acid-base, and solute balance, supporting renal recovery, and allowing other supportive interventions to proceed without any further risk or complication. Major Advantages Associated with CRRT Triggers the Growth of the Continuous Renal Replacement Therapy Market Hemodynamic instability is common among the severely sick p

Global eTMF Systems Market is poised to witness a CAGR of 12% by 2027 - Revolutionizing the Segment of Clinical Trials

An electronic Trial Master File (eTMF) is a content management system  for the  Bio-Pharma market  which includes protocols, strategies, technologies and tools used throughout the whole lifecycle of the clinical trial. An eTMF digitally captures, shares, and stores the necessary documents and content generated in a clinical trial. Key Advantages Provided by eTMF Systems Triggers the Adoption of eTMF Systems Market Post Covid-19 pandemic, the number of clinical trials and volume of data generated increased rapidly, which has further triggered the adoption of eTMF systems by Bio-Pharma companies. The eTMF systems provides real-time visibility of the clinical trial data and activities conducted at scattered sites across the globe. The major  benefits of adopting eTMF are an enhanced business efficiency, speedup timelines, decreased costs and risks. Emergence of eTMF Systems Market Post Co-vid 19 Pandemic Covid-19 Pandemic had fueled a rapid change in the execution of clinical trial

Global Patient Registry Software Market is poised to grow at a decent CAGR of 11 to 14% by 2027

A patient registry is an organized platform which is often used to collect uniform data from a queue of patients who suffer from a common disease or who share a common medical treatment. It is a complex methodology which answers all the research questions for population-related research. The patient registry database helps all the healthcare service providers to examine the results of a clinical study, or a medical treatment, or for tracking an implant in a patient. Covid-19 Pandemic Triggers the Growth of the Patient Registry Software Market During Covid-19 pandemic, patient registry became a major platform to monitor the trends in vaccination clinical trials. Due to strict government regulations in hospitals, clinical trials came to a halt. The major advantages of patient registry software is the comparative ease of tracking patient data. Governments in all the leading and developed regions such as United States had utilized the patient registry software to support and implement coun

Global Bioinformatics Market is projected to grow at a CAGR of 13 to 14% by 2027 - Agilent, Biomax Informatics, QIAGEN, Thermo Fisher

Bioinformatics is an interdisciplinary healthcare segment which connects computer technology, mathematics, physics, and biology. It is a segment of science which develops advanced software tools, software and techniques to manage and examine data for modern biology and medicine. It helps researchers to monitor & extract important data from multiple volume of medical data and identify connections between various studies. Technological and Rapid Innovations in Bioinformatics Triggers the Growth of the Bioinformatics Market     The global bioinformatics market is a rapidly growing market and is projected to grow at a healthy CAGR in the upcoming years. Rapid and technological innovations in genomics and proteomic research have led to the generation of huge volumes of data which requires many advanced bioinformatics tools and software for data analysis and data interpretation. Rising adoption of cloud-based solutions and use of AI in drug discovery and development has generated

Global Cellular Health Screening Market valued at USD 2.6 billion in 2022, is anticipated to witness a CAGR of 9% by 2027

Cellular health screening or testing is one of the key factors of health based on major factors such as human lifestyle, environment, emotions and diet. It can be used to examine the inflammatory diseases such as allergies, asthma, arthritis, autoimmune diseases, or inflammatory gastrointestinal issues. This test further helps in examining the patient’s progress throughout the medical treatment and offer detailed reports to monitor and assess further improvements on a cellular level. Cellular health screening helps in determining the cellular health & function, fat mass, intra & extracellular fluid levels, cellular toxicity, and muscle mass, etc. Technological Developments and Innovations in the Global Cellular Health Screening Market Constant developments and rapid innovations in the cellular health screening tests have enabled to develop an efficient but easy-to-use tests with better features such as automatic detection of telomers, fast turnaround time, and enhanced acc

Global Healthcare Staffing Market is Projected to Grow at a Lucrative CAGR of 10 to 15% by 2027

The healthcare industry has faced many unpredictable staffing challenges or hindrances over the past few years. Further, the return of patients after the Covid-19 pandemic looking out for care for elective and non-emergent procedures — is resulting in a rapid growth in the demand for physicians and other healthcare service providers. It can take days or months to occupy a open job position and job vacancies can result in loss of revenue for the companies. Moreover, unoccupied jobs can directly affect the segment of patient care. This increases the importance and work of the healthcare staffing companies who help the healthcare facilities occupy the open job positions. Lack of Physicians and Nursing Staff is Fueling the Growth of the Healthcare Staffing Market According to the Association of American Medical Colleges, lack of physicians is expected to be between 38,000 and 124,000 by 2034 in United States. Further, a lack of nursing staff is set to persist over the coming decade

Global Medical Device Security Market is anticipated to grow at a decent CAGR of 8 to 10% by 2027

A medical device security system refers to the protection of medical devices and their associated systems from unauthorized and unidentified access, modifications, theft, and physical damage. It helps in implementing all security measures to safeguard the patient data and the functionality of medical devices thus assuring the well-being of patients and further preventing any potential harm to the patient data. Emerging Trend of the Application of Connected Medical Devices in Healthcare-IT Segment Recent developments and advancements in the medical technology and the availability of advanced medical devices such as wearable devices and remote monitoring systems have enhanced the patient outcomes and the overall efficiency of the healthcare system. With the quick growth in the number of medical devices connected to the internet, there is a growing risk of cyber-attacks and and data thefts and data breaches. Hence, it has become extremely essential for healthcare service providers an

GCC Digital Health Market is expected to witness a double-digit growth by 2027 : Growing Investment Opportunities in KSA and UAE

Digital health refers to the utilization of advanced digital technologies to manage illnesses, diseases and health risks and to enhance the segment of wellness. An emerging scope of digital health includes various healthcare segment such as Telehealth, mHealth Apps, Connected Medical Devices & Services, Electronic Health Records (EHRs), Electronic Medical Records (EMRs), Healthcare Analytics, Digital Therapeutics, etc. Emerging Government Support and Foray of Several  Health Tech Startups Triggers the Growth of the GCC Digital Health Market Saudi Arabia accounts for nearly 60% of the GCC countries healthcare expenditure and healthcare still remains a major priority for the Saudi government. In the Budget of 2023, Saudi Arabia intends to further invest USD 50.4 billion (SR189 billion) in Healthcare and Social Development. A large part of the budget is projected to be allocated for digital health to improve accessibility, efficiency, and transparency within the whole healthcare sy

Global Healthcare Revenue Cycle Management (RCM) Market is poised to grow at a decent CAGR of 11 to 12% by 2027

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Healthcare Revenue Cycle Management refers to the process of identifying, collecting and managing the company's  revenue from payers and patients based on the services offered by the company. A successful healthcare RCM process is needed for a healthcare practice to maintain its financial viability and continue offering best patient care. Increasing Potential of RCM Outsourcing in the Healthcare Segment Triggers the Growth of the Healthcare Revenue Cycle Management Market Advanced market technologies provided by outsourcing partnerships can offer streamlined workflows, enhanced efficiency, major  focus on patient care and patient experience, timely and enhanced reimbursement, error-free billing, easy payments, and overall operation accuracy , all of which can lead to less costs and high revenue collection. Thus, leading healthcare companies are adopting the advanced and digitally enabled modular solutions to update their healthcare RCM operations by collaborating with third-pa

African Pharmaceutical Market is projected to witness a lucrative and a double-digit growth by 2027

The pharmaceutical market is a very complex but it is a consistently performing segment which plays an crucial role in the overall growth of the healthcare segment. The pharmaceutical market refers to the market for pharmaceutical and medical products, which includes prescription drugs, generic drugs, over-the-counter drugs and other healthcare and medical products. It is a highly regulated market which is primarily focused on the research, development, manufacturing, and distribution of drugs and other medical treatments. Ample Growth and Expansion Opportunities in the African Pharmaceutical Market The African pharmaceutical market is far less developed as compared to the other developed regions such as North America, South America, Middle-East, Europe, Asia-Pacific, thus it makes it an attractive market for new investments and growth opportunities. The African pharmaceutical market is growing fast, along with opening up many new investment and growth opportunities for the leadin