COVID-19: How It's Different from Previous Pandemics and How It's Impacting World Economies

In light of the ongoing COVID-19 (coronavirus) pandemic, it is imperative to understand the origin of this virus. Previously, such pandemics were often a result of the spread of viruses such as H1N1, H5N1, and Severe Acute Respiratory Syndrome Coronavirus (SARS-CoV), among others.

Topics: Pharmaceuticals Healthcare Industry Insights

Pace of EUAs Increase as Molecular Diagnostics Vendors Submit COVID-19 Tests

Roche, Hologic, and Thermo Fisher Scientific are among the molecular diagnostic vendors that have received EUAs, or emergency use authorizations, for their tests for the novel coronavirus COVID-19.  

Topics: Diagnostics Healthcare Kalorama Information Industry Insights

The Market Implications of the Coronavirus Outbreaks

Global stocks fell on Monday, with declines in all 11 sectors of the S&P 500, as concerns grew over the rising threat of the coronavirus.

Coronavirus outbreaks have disrupted global supply chains linked to China. According to The Wall Street Journal, some economists estimate that a prolonged Chinese shutdown could cost up to $1 trillion in lost manufacturing output.

Topics: Pharmaceuticals Healthcare Industry Insights

Carrier Screening Market Expected to Witness Impressive Growth

Carrier screening revolves around the gene testing of individuals to understand whether a person is carrying the gene for certain genetic disorders. This test can be performed before or during the time of pregnancy to evaluate the possibility of the baby carrying any type of genetic disease.

Topics: Diagnostics Healthcare Industry Insights

$42 Billion U.S. Addiction Rehab Industry Poised for Growth, and Challenges

Drug and alcohol addiction rehab in the United States is big business — worth $42 billion this year. There are now 15,000+ private treatment facilities and growing.

Topics: Healthcare Industry Insights

4 Key Applications for Artificial Intelligence in Healthcare

In the United States alone, there are roughly 38,000 patents containing the terms artificial intelligence or machine learning (excluding overlap terms). Of all the fields where artificial intelligence (AI) is promising, healthcare seems to be essential. This is because healthcare systems are plagued with problems of staff shortages, ineffective treatments, and increased patient loads and incorrect diagnoses, all of which to a degree could be helped by new technology.  

Topics: Software & Enterprise Computing Healthcare Industry Insights

Commercial Weight Loss Programs Slated for Moderate Growth in 2020

The total U.S. weight loss market is worth more than $72 billion, comprised of eight market segments: diet soft drinks, artificial sweeteners, health clubs, low-calorie diet entrees, meal replacement shakes and bars sold retail, commercial weight loss programs, medical programs (by MDs, hospitals and clinics, including surgery), and diet books. 

Topics: Food & Beverage Healthcare Industry Insights

Corporate Wellness Programs Gain Popularity Around the World

Would you be surprised to find a body weight scale, body mass indicator chart and height indicator in your office restrooms? What about an employer-sponsored counselling facility on site? Deloitte India offers these as part of its employee wellness program, and more and more global companies are following suite with similar initiatives to boost the health and productivity of their employees.

Topics: Healthcare Business Services & Administration Industry Insights

Major Trends Influencing the Healthcare Chatbots Market

Chatbots are artificial intelligence software that can have conversations with users based on the principle of natural language processing (NLP). The chatbot processes the input provided by the user, focuses on the semantics, searches for the terms in the knowledge database, and provides the suitable answer as per its knowledge set.

Topics: Software & Enterprise Computing Healthcare Industry Insights

The Rising Demand for Patient Monitoring Devices

The global patient monitoring devices market is expected to grow from $22.4 billion in 2018 to $30.7 billion in 2022 at an annual growth rate of more than 8%.

Topics: Healthcare Medical Devices