Medi-Tech Insights

  Growing cancer cases, the arrival of innovative treatment techniques such as chimeric antigen receptor (CAR) T-cell therapy, cancer vaccines, adoptive cell transfer (ACT) therapy are some of the major factors driving the immunotherapy market. However, the high cost of immunotherapy and the availability of less expensive treatments such as chemotherapy are projected to stifle the growth of the immunotherapy industry. Cancer Immunotherapy is a treatment that use the body's immune system to combat cancer cells. It stimulates the immune system, causing it to recognize and combat cancer cells. The treatment either uses compounds produced by the body or substances created in a laboratory to identify and combat cancer cells. Immunotherapy can be used alone or in combination with chemotherapy or other cancer treatments to treat various forms of cancer. Cancer Immunotherapy Market: Leading Market Trends Cancer immunotherapy is rapidly progressing and is already licensed for the treatment...

Medical Image Management System is a software platform that can manage all types of medical images in a healthcare organization. Some of the advantages of a modern medical image management system include picture capture, storage, retrieval, and distribution and it also includes tools for image analysis and processing. Increasing Adoption of Medical Image Management Systems in the Diagnostic Sector is Driving the  Global Medical Image Management Market Medical image management system is crucial in diagnostic imaging. One of the significant advantages the system provides is an integration of medical image data with patient’s electronic health records and other healthcare systems thereby providing a complete picture of patient health. Picture Archiving and Communication System (PACS), Vendor Neutral Archives (VNA), and Application-independent Clinical Archives (AICA) are three main technologies employed in these systems. The integration of PACS/VNA with EHR and increased demand f...

Global medical device security market is growing due to factors such as growing popularity of connected and wearable medical devices, the rise of cyber-attacks, the increasing geriatric population, and the  consequent  rise in chronic diseases. Medical device security system  safeguards medical devices and their related systems against unauthorized entry, alteration, theft, and harm. It aids in the implementation of protective measures to secure patient data and maintain the proper functioning of medical devices, ultimately ensuring patient well-being and preventing potential risks or negative incidents. Growing Popularity of Connected Medical Devices in the Healthcare Sector is Poised to Drive the Global medical device security market Advancements in Healthcare technology and the accessibility of innovative medical devices such as wearable devices and remote monitoring systems have led to Improvements of patient results and the efficiency of the healthcare system. ...

Increasing quantity of medical waste produced across the world, increasing utilization of single-use devices, increasing number of surgical operations, and strict regulations for medical waste management are some of the key factors driving the global medical waste management market. However, the absence of uniform guidelines for the treatment of medical waste and the lack of awareness regarding medical waste management in developing countries are some of the key factors that might impede the growth of the market. Medical waste disposal refers to the particular type of waste generated by hospitals, physician’s offices, dental practices, mortuaries, nursing homes, blood banks, veterinary clinics, medical research facilities, and laboratories. The waste is disposed of by various disposal methods such as incineration, autoclaving, chemical treatment, etc. The two types of waste are classified as a)     Hazardous Waste: Hazardous waste has properties that can have a negative...

Global Hematology Market is poised to observe a growth rate of 3-5% in the next 5 years Growing coagulation disorders, increasing blood donations, growing trend towards point-of-care (POC) diagnostics for home testing of key hematological counts, technological advancements in hematology analyzers and reagents, application of flow cytometry in hematology, and recovery from COVID-19   are few of the key factors propelling the global hematology market. Hematology is a branch of medicine related to the study of blood and blood-forming organs. It encompasses a broad range of both non-cancerous and cancerous diseases and conditions affecting red and white blood cells, platelets, and the coagulation system in individuals of all ages. The specialists in hematology research, diagnose and treat a variety of conditions such as anemia, bleeding disorders such as hemophilia, blood clots, sickle cell disease, and blood cancers such as leukemia, lymphoma, and myeloma. Covid-19 Impact on the ...

  Rising consumption of alcohol, growing cases of alcohol & drug abuse, Strict government regulations, and growing use of breath analyzers in detecting various diseases are some of the key factors driving the growth in the global breath analyzer market. Breath Analyzer is a device that is utilized to measure the amount of alcohol in a person’s exhaled breath sample. The device mainly helps in evaluating the Blood Alcohol Level (BAC) in a person’s system who is suspected to be driving under the influence (DUI) of alcohol. If the Blood Alcohol Level surpasses 80mg per 100ml of blood, the driving ability of an individual is "seriously impaired." Covid-19 Pandemic lead to an expansion of the Breath Analyzer Market During the Covid-19 pandemic, there was a rise in the demand for non-invasive testing solutions for the detection of Covid-19 and other infections to decrease the risk of transmission while abiding the social distancing norms.  Some companies took grants from FDA f...