Precision Medicine Market

Precision medicine involves a detailed study on patient-specific information to diagnose and characterize the diseases. The concept of precision medicine is rapidly growing in the medical community through tremendous expansion in various advanced technologies, such as next-generation sequencing, molecular biomarker analysis, bioinformatics, and big data analytics, among others. Owing to such advanced technologies, precision medicine acquired immense potential to prevent and treat various diseases such as cancer, cardiovascular, neurology, diabetes, and other diseases, which are burdening the present healthcare system.

The precision medicine market sizes in $Billion for the year 2017 and 2018 was estimated using a bottom-up approach. This approach involved the estimation of market revenue for each key player revenue on the basis of product and technology and summing them up to arrive at the total global number

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Chatbots Increasing Efficiency in Healthcare Market

Chatbots are one of the prominent technologies currently being integrated into the healthcare system. The chatbots are not considered as the SaMD (software as medical device) as they do not participate in clinical decision-making process, rather, they act as the personal healthcare assistant as well as the trainer for its users. Click Here To Get Detailed Description of Chatbots in Healthcare Market The usage of chatbots in the healthcare has gained popularity since 2013, when Babylon Health, the first healthcare chatbot company of the U.K. was launched. The company offered symptom checker chatbot and has started using the same chatbot as a health checker as well. The industry comprises the bot developers, platform providers, content providers, and the interface providers. Since there are no regulatory bodies such as FDA and MHRA directly governing the usage of chatbots, launching the chatbot is convenient for the developers. New start-ups are coming up wit...

Analyzing the Growth and Expansion of the Neurostimulation Devices Market

The global healthcare economic burden, at present, is primarily characterized by major contributors such as chronic pain and neurological disorders. The annual societal cost for chronic pain and neurological disorders accounted for $635 billion and $789 billion respectively in the U.S., in 2014. Opioids are one of the most preferred medicines for the treatment of chronic pain, however, the side-effects associated with opioids have resulted in a decline in their overall usage and sale. Consequently, the increasing cases of neurological disorders and the need for a novel approach for the treatment of such diseases has led to the advent of neuromodulation technologies. The rapid shift of the healthcare industry toward neurostimulation devices from opioids and other conventional treatment techniques can be attributed to the efficient, safe, and targeted approach of neurostimulation devices. BIS Research recently published a market intelligence report titled “ Global Neurostim...

Tilt Rotor Aircraft Market Analysis & Forecast by 2031

The tilt rotor aircraft has been constantly evolving over the years, facing numerous technical difficulties, and had several accidents due to its complex structure and design; the latest technologies such as vectored thrust and ducted fans are being used widely to tackle this problem. Several companies have been trying to enter the market to leverage the market need and increase their market share at a global level by making strategic partnerships with key players and raising funds from venture capitalists. Several private start-ups such as Lilium GmbH, Joby Aviation, Kitty Hawk, Overair have already developed prototypes or are still in the research and development phase to use the advantages of tilt rotor technology for civilian applications such as urban air mobility, cargo, and logistics transportation, and others. Read Report Overview: https://bisresearch.com/industry-report/tilt-rotor-aircraft-market.html The tilt rotor aircraft are initially used in the military and d...

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