GenAI poised to enhance efficiency, patient outcomes, and personalized care GlobalData, a leading data and analytics company, asserts that the adoption of generative artificial intelligence (genAI) in the pharmaceutical and healthcare sectors holds immense potential to address challenges related to high costs and poor patient experiences, while simultaneously enhancing efficiency…
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US biotechs receive more venture financing
The surge in funding for biologic innovator drugs is attributed to the enactment of IRA According to a recent report by GlobalData, biotechnology companies in the United States have secured significantly more venture financing for biologic innovator drugs compared to small molecule innovator drugs. The analysis reveals that from 2018…
Read MoreIndia’s growing health and hygiene conscious market
Health-conscious Indians are becoming more mindful of their sugar and calorie intake The COVID-19 pandemic has sparked a heightened focus on food safety and hygiene among consumers worldwide. In India, this trend, coupled with concerns about short shelf-life, is projected to create significant growth opportunities for packaged street-selling juices. According…
Read MoreAustralian Government partners with Cancer Council
The collab will birth a nationwide colorectal cancer screening campaign The Australian Government has joined forces with the Cancer Council of Australia to introduce a nationwide colorectal cancer screening campaign in response to the rising incidence of colorectal cancer and declining screening rates. In support of this initiative, the Australian…
Read MoreMajor companies still innovating in mature pacemaker space
Approximately 1.5 million people received pacemaker implants in 2022 Pacemaker technology has made significant advancements since its first implantation in the 1950s. GlobalData, a leading data and analytics company, highlights the continuous innovation in pacemaker technology, including smaller devices, more efficient pacing technology, and wireless communication, despite the market’s maturity.…
Read MoreAdvancements in diagnostic tools for Alzheimer’s
Early detection is being targeted as it’s crucial for managing the disease June is recognized as Alzheimer’s and Brain Awareness Month, dedicated to raising awareness about Alzheimer’s disease, promoting brain health, and providing support to individuals and families affected by the condition. Early detection is crucial for managing the disease…
Read MoreDeveloping smart healthcare solutions in Thailand
The MoU signifies the expansion of NEC’s earlier trial with a local nursing home in Chiang Mai NEC Corporation (Thailand) Ltd. (NEC Thailand) has entered a Memorandum of Understanding (MoU) with Chiang Mai Municipality to embark on a transformative journey towards establishing Chiang Mai as a smart city. The collaboration…
Read MoreAI tool outperforms human emergency call handlers
The information was presented at the European Stroke Organisation Conference Researchers from Denmark have developed an artificial intelligence (AI) framework that has shown promise in recognizing strokes that often go unnoticed by human emergency call handlers. The framework, presented at the European Stroke Organisation Conference, was trained using a dataset…
Read MoreFire and Rescue New South Wales extends safety
New service extends the reach and capability of resilient, secure communication Fire and Rescue New South Wales (FRNSW) has implemented SmartConnect, a new service provided by Motorola Solutions, to enhance its mission-critical radio communications. SmartConnect ensures reliable and uninterrupted communication by automatically switching between Land Mobile Radio (LMR) networks and…
Read MoreDigital transformation revolutionizing patient care
These technologies have led to improvements patient service GlobalData, a data and analytics company, highlights the transformative impact of innovative technologies such as AI, genomics, and robotics in the healthcare industry. These technologies have led to improvements in patient safety, precise diagnoses, and personalized treatment. The integration of disruptive technologies…
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