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Growing Economic Burden of Chronic Diseases Paving the Way for Precision Medicine Market

  Rising economic burden of chronic diseases is considered to be one of the significant challenges that healthcare and biomedical research and development systems are facing at present. The high prevalence of chronic diseases, such as cancer, diabetes, cardiovascular diseases, and respiratory diseases, among others, is a prime concern across the globe. The chronic diseases have been responsible for 60% of the deaths worldwide and constitute approximately 43% of the global economic burden for diseases. According to World Health Organization in 2016, healthcare spending increased from 2.4% to 7.5% between 2015 and 2020.By 2020, the global spending on diseases, such as cardiovascular diseases, cancer, and respiratory diseases, is expected to reach $4 trillion. The chronic conditions hold approximately 65% of the annual healthcare cost of any country and one-third of the global population at present. Figure3: Chronic Conditions: Key Statistics Source: WHO Website, Deloitte 2016 Survey ...

Lithium Ion Battery Recycling Market Share, Growth, Trends and Forecast 2019-2025

The advent of batteries has facilitated the portability of several devices and limited the usage of wired connections. Lithium-ion battery was first invented by John Goodenough in 1980, and since its emergence, it has become an integral part of technological developments in various fields. Rechargeable lithium-ion batteries have brought a technological revolution in various applications starting from high-powered energy storage devices and electric buses to handheld electronic devices. Since the last 40 years of this innovation, lithium-ion batteries have been used in a varied range of products such as electric vehicles, mobile phones, laptops, and power tools. The staggering adoption of lithium-ion batteries portrays that it may continue being a prominent source of clean energy, at least till the next decade, especially in the electro mobility field. Thus, a huge dominance of lithium-ion batteries can be anticipated given the ongoing and anticipated trends. The surge in...

Cellular Connected Drone Market Trends, Business Strategies and Opportunities With Key Players Analysis 2030

The drone market has experienced dynamic technological advancements over the last few decades. These advancements have led to the improvement in the autonomy of drones, operating ranges, capabilities, and payload sizes, and have also paved the way for various growth opportunities. The capabilities of cellular networks are expected to enhance the safety of drones for consumers, commercial applications, and government applications. The introduction of cellular network connectivity in the cellular-connected drone market has rapidly transformed the communication process between the operator and the drone. The drones are a popular option for applications such as inspections, surveillance, monitoring, and logistics, such as last-mile deliveries of parcels and medicines for remote or rural areas with less population density. Some of the stakeholders such as drone manufacturers (Ehang, Terra Drones, and DJI, among others), cellular network providers, (Verizon, AT&T Inc., and...

Precision Medicine –A Multi-Faceted Approach to Patient Care

  The year 2003 marks the completion of the Human Genome Project, a 13-year, $3.00 billion collaborative effort for the sequencing and mapping of the complete human genome. Human Genome Project further enabled scientists to research extensively on the gene variants to specific diseases and develop targeted therapeutics. The completion, consequently, created the platform for the development of precision medicines. Since its introduction in the early 21st century, the precision medicine market has shown promising growth. Precision medicine involves a detailed study of patient-specific information to diagnose and characterize the diseases, resulting in target-based treatment of 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. Precision medicine acquired immense pot...

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...

Digital ATC Towers Market is Expected to have Significant Growth During the Forecast Period 2020-2025

Airport operators, along with the air navigation service providers (ANSPs), are focusing on enhancing airport capacity in terms of handling air traffic as well as increasing aircraft movements. Digital ATC tower is one of the ongoing trends which prove to be the solution for achieving the objectives of airport operators and ANSPs. Digitization of air traffic control towers is a growing trend at airports across the globe. Since 2006, various companies such as Saab and Frequentis have been collaborating with various air navigation service providers to develop digital ATC towers or remote tower systems. Read Report Overview at:  https://bisresearch.com/industry-report/digital-atc-towers-market.html With digitalizing interactions between controllers, aircraft, and vehicles, there is more precision, which improves analysis. Employing a digital control tower requires a future-ready voice communication system (VCS), which has an adaptable and distributed architecture based on open standar...

Orthodontics : A Study in Oral Healthcare System

  Oral healthcare is one of the prominent concerns within the global healthcare system. For instance, according to a study conducted by Lancet, titled, “Global, regional, and national incidence, prevalence, and years lived with disability for 354 diseases and injuries for 195 countries and territories, 1990–2017: a systematic analysis for the Global Burden of Disease Study 2017,” in 2018, oral diseases impacted 3.5 billion individuals globally. Moreover, more than 530 million children globally were impacted by dental caries of permanent teeth. Furthermore, the rising prevalence of oral health diseases has also furthered the spread of non-communicable diseases. One of the major concerns within the oral healthcare system is the oro-dental trauma caused by the misalignment or malocclusion of teeth. According to a study conducted by National Center for Biotechnology Information (NCBI), titled, “World traumatic dental injury prevalence and incidence, a meta-analysis- One billion living ...