From Leading Pharmaceutical Markets to Applications of Robots in Healthcare, from wearable drugs to femtech markets, these are the trending articles of this year that are a must-read for people from in and around the healthcare industry.
Which Countries Top the Chart in the Global Pharmaceutical Market?
The Pharmaceutical industry was born in the nineteenth century, and since then, has developed enormously into what it is today. Being at the forefront of drug research, discovery, production, development, and marketing, the pharmaceutical sector has a significant market across the globe. Today, the pharmaceutical market has evolved by including various domains such as nanotechnology, biotechnology, Artificial Intelligence, and robots, among others, to incorporate a holistic approach to healthcare.
The Pharmaceutical and Biotech companies have built large empires, thus contributing immensely to the growth of the healthcare industry across the globe. Even though almost every region has seen substantial growth in the healthcare sector, there exist certain countries where development and innovation have a fast pace, making them the top pharmaceutical markets in the world.
Article: Leading Pharmaceutical Markets Worldwide.
An in-depth Assessment of the Top Drugs Launched by Leading Global Companies in the First Half of 2021 (H1)
Progress is driven by innovation. Innovative medical products are approved each year for treating numerous existing and new diseases that overwhelm humanity. However, following the 2020’s global pandemic, the expectation from leading pharmaceutical companies is especially strong this year.
This year, apart from the pharmaceutical industry’s remarkable response to COVID-19, pharma developers have also successfully developed advanced medicines for treating conditions that impact millions worldwide. These are the most anticipated drug launches in the first half of 2021.
Article: Top Drugs Launched In 2021.
With 100+ Startups in the domain, Women Healthcare is Witnessing a Huge Upliftment
Gender disparity is not unheard of. Around the globe, many women are affected due to unequal access to education, financial vulnerability, and disproportionate facilities. Unfortunately, the same is true for healthcare as well.
Female infanticide, downplay of girls’ nutritional needs, malignant neglect of women’s sexual and reproductive health are some of the issues that women have to go through for a long time. However, recent years witnessed some crucial movements that emphasize the importance of women’s healthcare needs.
An increase in awareness around women’s reproductive health, research, and dissolution of stigma gained traction has led to the emergence of an altogether interesting domain called FemTech (or female technology). Today, with around 100+ startups in the FemTech market, female healthcare has received primary focus.
Article: FemTech Market.
Weighing the Potential Benefits and Pitfalls of the Innovative Wearable Products
Wearable devices have become an indispensable part of our daily lives. They help track biometric data like sleep patterns, heart rate, atrial fibrillation, physical activity, blood pressure monitor, calories burned, and more.
Every day, new devices enter the wearable devices market with better function, form, and application, thus contributing remarkably to health management and personalized healthcare. However, along with their many features and benefits, wearable devices have many associated negative aspects that hamper their wide-scale adaptability. This article covers the pros and cons of wearable devices in further detail.
Article: Pros and Cons of Wearable Devices.
How Robots Are Introducing A New Dimension To Healthcare Service Delivery
The adoption of robots in the healthcare industry is mainly done to accomplish different complex tasks. Medicine dispensing, personal care, complicated surgeries, clinical training are among the many applications where AI and Robotics have addressed and provided successful solutions.
According to the International Federation of Robotics, sales of medical robots have risen by 73% compared to 2016 to 2,931 units in 2017, deeming for a share of 2.7% of the total unit sales of professional service robots. Robot-assisted surgery or therapy is the chief application of Robots in the Healthcare industry. However, this requirement for robots has been slowly increasing for other applications as well. These are some of the finest applications of robots in the healthcare industry.
Article: Robots In Healthcare.
E-Pharmacy: A Disruptive Innovation and the Future of Pharma Sector
Today, the consumer is empowered like never before. Thanks to the evolution of the internet and communication technology (ICT), the consumer now has thousands of services and products available at the click of a button.
Following this trend, a few companies(especially startups) have also started using the online market for selling medicine and other healthcare products. This concept is called online medicine or E-pharmacy. Within a short period, E-pharmacy has garnered significant attention from consumers as well as venture capital funding. This article discusses the disruption E-pharmacy has brought and how it will shape the future of pharma markets.
Article: E-Pharmacy Market Analysis.
Will Subscription Model be the New Normal for Healthcare Industry?
Until recently, a conventional fee-for-service payment structure was followed by the healthcare industry. In this structure, the patient has to pay a fixed sum of charge for each visit that they make for the services received.
The subscription model, however, follows a slightly different method than the existing payment methods. It is affordable, convenient, accessible, and transparent than the traditional pay-per-service model. Its users can opt-in or opt-out of the services anytime. With ongoing debates on whether the subscription model succeeds in healthcare, this article talks about the future of the subscription model in healthcare.
Article: Subscription Models In Healthcare.
JAK Inhibitors: A Promising Treatment Choice for Multiple Indications?
The autoimmune space is dominated by biologics that provide improved clinical outcomes but are costly. The affordability of biologics puts the health care providers and patients at a disadvantage. Another disadvantage of biologics is their subcutaneous/infusion route of administration. And yet another disadvantage is the unsatisfactory response of patients to currently available cytokine therapies.
To combat these challenges, JAK inhibitors were introduced into the market. With multitudes of benefits to offer, things went downhill after the USFDA began noticing the drug’s side effects. Find out more about JAK inhibitors and their market in this article.
Article: JAK Inhibitors Market.
Leading Autoimmune Diseases Undergo Robust Improvement in Treatment by Major Pharma Companies
According to the American Autoimmune Related Diseases Association (AARDA), around 50 million people in the US have autoimmune diseases such as lupus, psoriasis, and rheumatoid arthritis, making them the second leading cause of chronic illness in the United States.
The prevalence is rising at an unprecedented rate along with cancer and heart disease, thus putting a significant burden on the healthcare infrastructure, ultimately degrading the quality of life to the affected population. With that said, here are the most common Autoimmune Diseases and the way key companies strive to transform the treatment landscape.
Article: Leading Autoimmune Diseases Market.
Evaluating the Role of Digital Therapeutics as an Alternative to Conventional Therapies for Depression
Humans are complex organisms. The mind consists of complex thought processes, and unfortunately, complex disorders. Depression is one such mental disorder whose prevalence has been increasing. It is a debilitating illness accounting for 17.3 million cases in adults in the US alone. This misfortune, fortunately, has various treatment options.
Options include a large spectrum of methods embodied — from psychotherapy to medications like antidepressants. A new option has been added to this spectrum, and it has proven to be efficient in the prevention and management of many disorders, including Depression — Digital Therapeutics.
Article: Digital Therapeutics For Depression.
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