News & Updates

WHO estimates cost of reaching global health targets by 2030

The SDG Health Price Tag, published in The Lancet Global Health, estimates the costs and benefits of progressively expanding health services in order to reach 16 Sustainable Development Goal (SDG) health targets in 67 low- and middle-income countries that account for 75 per cent of the world's population. The analysis shows that investments to expand services towards universal health coverage and the other SDG health targets could prevent 97 million premature deaths globally between now and 2030, and add as…

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Sensor Patch Market worth $562.1 million by 2023

According to a new research report "Sensor Patch Market by Product (Temperature, Blood Glucose, Blood Pressure/Flow, Heart Rate, ECG, Blood Oxygen), Application (Monitoring, Diagnostics), End-User Industry (Healthcare, and Fitness and Sports), and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the Sensor Patch Market is expected to be worth USD 562.1 million by 2023, at a CAGR of 47.03 per cent between 2017 and 2023. The growth of this market is mainly driven by increasing per capita healthcare expenditure…

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Internet of Medical Things shakes up development of medical devices

As patients are increasingly asserting their right to choose the therapy that best suits them, demand for better access to their medical data is intensifying. The shift in the balance of power during decision making is compelling healthcare providers to find more efficient ways of extracting meaningful information from medical records to present to patients. This has heightened the need for analytics to process the voluminous data produced by advanced, connected and smarter patient monitoring devices, which, consecutively, has turned…

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Cigna acquires Zurich Insurance Middle East

Cigna Corporation, a global health services company, announced the acquisition of general insurer, Zurich Insurance Middle East (SAL). The acquisition, which was successfully completed in June marks the beginning of a new phase of operations for Cigna as the premier provider of both health and wellness services to individuals, employers and government entities across the Middle East. With this acquisition, Cigna will operate in the UAE, Lebanon, Kuwait and Oman, further complementing its capabilities across the region. In line with…

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Big Data in Healthcare & Pharmaceutical Industry to reach $4 billion in 2017

"Big Data" originally emerged as a term to describe datasets whose size is beyond the ability of traditional databases to capture, store, manage and analyze. However, the scope of the term has significantly expanded over the years. Big Data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data, to solve complex problems. Amid the proliferation of real-time and historical data from sources such as…