As per the International Agency for Research on Cancer (IARC) estimates, the global cancer burden had risen to 18.1 million new cases and 9.6 million deaths in 2018. The overall five-year prevalence is estimated to be 43.8 million around the globe. The increasing cancer burden is majorly due to increasing population growth and aging, as well as the changing prevalence of certain causes of cancer linked to social and economic development. Leukemias and lymphomas are among the fastest-growing cancer types that have significantly challenged the harmonization of healthcare practices worldwide. Minimal residual disease (MRD) testing, an evolving testing regimen that has been driving initiatives in the management of hematological malignancy patients, is currently one of the fastest-growing markets under the molecular diagnostics umbrella. …

Technological advancements influence every industry and market, and the wireless network market is no different. The market is influenced by several technological trends, including 5G cellular and software-defined radio waves, among others. The concept of digitalization and the internet of things (IoT) has further significantly revolutionized the way several industries work.

In the last two decades, the surgical market has transformed drastically, owing to the technological advancements occurring in the arena of medical devices. Medical robots have been developed to assist with several surgical applications. From Arthrobot, the world’s first-ever surgical robot was created in 1983, to Intuitive’s Da Vinci surgical system in 2000 signifies that the medical devices industry has witnessed a paradigm shift.

The defense and security industry is undergoing several advancements. Over the years, the introduction of several new technologies has enabled the industry to integrate several major technologies to promote the sector’s growth.

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Single cell sequencing has emerged as the most promising technology for both quantification and analysis, offering better results, as compared to RT-PCR and microarrays. Single cell sequencing offers a larger dynamic range and higher sensitivity while eliminating the bias inherent to microarrays. Gene expression profiling is a major application of single cell sequencing that has been widely used by pharma R&D scientists in recent years. …

One of the key technologies being deployed for medical research advancement is artificial intelligence (AI). AI is an umbrella term that encompasses various technologies such as machine learning (ML), deep-learning, supervised learning, and recursive learning. The usage of AI within medical research, specifically drug discovery and clinical trial, possesses the potential to improve the processes in various ways through better data collection and analysis, generation of virtual 3D models depicting drug and ligand binding interaction, designing of clinical studies, optimization of clinical trials, and real-world evidence analysis.

Medical device tests are performed in two phases, i.e., inhouse and outsourced. In-house testing is wherein all tests are carried out by the manufacturer at their facility. Outsourced testing is the one where the contract for testing is given to a third party, and they further update the manufacturer with the feedback. These are basically tests which medical device manufacturers undergo to fulfill certain unique testing requirements enforced by various regulatory bodies across the globe in order to commercialize their medical devices.

Surveying and mapping techniques have always been crucial components of any industry. Numerous industries and applications, such as engineering and planning, architecture and archeology, mining, agriculture, forestry and environment, automotive, industrial safety and automation, atmosphere, transportation, and crowd monitoring and security, have been using these techniques to achieve precise data for their need. This data helps the companies and industries to save production costs, provide products and services of utmost qualities, maximize productions, avoid catastrophic failures, and discover the underlying facts, among other benefits. However, the traditional methods of surveying and mapping have been proven to be inaccurate, costly, and time-consuming. …

Commuting in the next 10 years is going to be a highly stimulating experience for the passengers. While sitting in a vehicle, one will be able to experience or benefit from multiple services. From booking tickets to hotels to arranging transportation to in-car infotainment services and to having access to food and entertainment, the vehicle will offer it all. While some of these services are already prevalent in the vehicles today, others are fast catching up.

According to the market intelligence published by BIS Research, the global ventilator market was estimated at $1,072 million in 2018. The market is now projected to grow at a CAGR of 7.1% in the post-COVID scenario, till 2026 end. With COVID-related cases on a rise, the demand for ventilators has increased exponentially, throughout the globe. For instance, with the number of coronavirus patients increasing with each passing day in the U.S., the demand for ventilators is anticipated to surpass the supply of total production of 2,000 ventilators each week in the country.


BIS Research

BIS Research offers exclusive market intelligence reports on disruptive technologies. Each year we publish over 200 titles across industry verticals.

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