Skip to main content

COMPANIES have LEVERAGED TECHNOLOGICAL ADVANCEMENTS to MANUFACTURE DIAGNOSTIC PRODUCTS


 

According to the World Health Organization, there is a great disparity in the life expectancy rate in low-income countries than in high-income countries, such as Australia, Canada, U.S., and U.K., among others. In 2016, life expectancy was 18.1 years lower in low-income countries (62.7 years) than in high-income countries (80.8 years). In low-income countries, on an average, fewer than 3 out of 5 newborns are expected to reach 70 years, and more than one-third of total deaths are among children younger than 15 years. These premature deaths are mainly due to lower respiratory infections, gastro-intestinal infections, acquired immunodeficiency syndrome (AIDS), malaria, and premature birth complications.

Among the various prevailing chronic diseases, cancer is the second-leading cause of deaths after cardiovascular disorders, globally, which accounts for an estimated 9.6 million deaths in 2018. Other than cancer, infectious diseases, such as HIV/AIDS, Tuberculosis, Malaria, and HPV are also responsible for the increasing death rates, especially in developing countries. In 2018, HIV accounted for 770,000 deaths globally, and more than 1.7 million people were newly infected. In 2018, there were an estimated 228 million cases of malaria worldwide.

View BIS Report on Digital PCR Market

Further, private and public companies in the market have leveraged technological advancements to manufacture rapid diagnostic testing products, offering high efficiency and specificity, leading to a massive scope for product commercialization and adoption. Collectively, these instances have changed the scope of digital PCR-based solutions, shaping it up into an inseparable part of healthcare protocols due to its miniaturized form and high-throughput analysis of target nucleic acids at reduced cost and time. Even though the industry is at an initial stage, increased focus on research for the development of products by the established players in the industry for expanding digital-PCR is expanding the market.

Comments

Popular posts from this blog

Personal Care Ingredients Market Size, Share & Trends Analysis Report 2019-2029

The introduction and proliferation of bio-based ingredients in several industries, such as food and beverage, pharmaceuticals, and cosmetics, has been transforming the manufacturing landscape since 2000. Growing consumer inclination toward the adoption of bio-based products due to rising health and environmental concerns is driving the demand for bio-based ingredients in the cosmetics and personal care products. Besides, awareness among consumers regarding the harmful effects of synthetic ingredients chemicals has grown rapidly over the past years. In addition, the availability of green raw materials has also urged large cosmetic firms to develop bio-based cosmetic products. However, limited availability of raw material, due to erratic weather conditions and stringent environmental regulations, can pose substantial hurdles in the production of bio-based ingredients. Thus, leading companies have been focusing on developing new and sustainable ways of producing the ingredi...

Agriculture Technology-as-a-Service Market Research, Trends and Forecast To 2026

As agriculture becomes a lucrative high-technology industry, professionals with new-age skill sets, companies, and investing bodies are being drawn in rapidly.  The development in smart agriculture technologies has not only led to advancements in the production capabilities of farmers but has also introduced transformative business models in the industry. Report Overview is Available at: https://bisresearch.com/industry-report/agriculture-technology-service-market-report.html As the entire agriculture industry incorporates and experiences the growth of these agriculture technologies into the farming cycle, it also faces the challenges associated with its adoption. One of the major restraining factors associated with the adoption is the large capital investments required for its acquisition and operation. Most of the farming communities across the world do not have a strong financial background to execute significant capital formation. Since prices for technologically advanced farm ...

ADAS and Autonomous Driving Component Market

As per the recent BIS Research report, the ADAS and autonomous driving component market is segmented into component type, level of autonomy, vehicle type, and region for the purpose of study. These segments are further sub-segmented into various categories. In case of market by component type, it is sub-segmented into camera, radar, ultrasonic sensors, LiDAR, and ECU. The use of LiDAR is increasing rapidly in the market owing to reducing cost of LiDAR sensors and their greater range.