Today, nursing homes are extremely prevalent across the world. In fact, the nursing home industry is expected to generate $151 billion in 2023. The number of nursing homes and nurses has been gradually increasing over the past decade. And this becomes a point of importance when you consider that over 16% of the American population …
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The healthcare sector is one of the fastest-growing industries. It is now adapting to new changes and implementing new technologies like artificial intelligence to enhance the patient experience. A compound annual growth rate (CAGR) of 12.25% is a testament to the healthcare segment’s exponential and steady rise. So, as a business in this domain, you must leverage …
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Nearly every business and industry related to healthcare have been severely disrupted by the COVID-19 outbreak. Understandably, almost 30% of Americans skipped all doctor visits last year, given the spiraling price of healthcare and the increasing complexity of our daily lives. As a result, telemedicine is now the safest area of medicine. The COVID-19 pandemic’s …
The pharmaceutical sector has witnessed a steep growth in recent times. With the use of trailblazing digital platforms, cost-effective technologies, big data analytics, blockchain, and artificial intelligence (AI), the landscape is undergoing a massive transition. The Grand View Research published a report highlighting the stark growth prospects of the pharma industry. The global pharmaceutical manufacturing …
Telemedicine, cloud computing, big data, and 3D printing are well-known technologies in the healthcare sector. However, if you are an organization associated with the medical domain, there is another intriguing application to explore. Assistive technology in healthcare is a promising yet comparatively less leveraged resource in today’s era. Experts project this tech segment to surpass a whopping …
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If you want to advertise your healthcare services or products to doctors and hospitals, you need to be ahead of the curve. It means you need to market to nurses instead of just targeting doctors and senior medical officers. Nurses can fetch you significant business opportunities if your advertising strategy is on point. Nursing professionals …
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In modern healthcare industry, medical organizations and institutions generates huge data. To extract insights from this massive complex data organizations are turning towards healthcare data analytics tools to leverage the benefits in this regard effectively. These are software applications that analyze the collected information from a range of sources, including but not limited to clinical …
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To bring effective medicines and Innovations in healthcare industry, a Clinical Research Organization or Contract Research Organization (CRO) are a must for the Biotech, Medtech, and pharma industries. A CRO offers comprehensive support to their efforts to test, examine, refine and market the latest medicines and devices that help in improving Healthcare Industry. In 2022, …
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Let’s be honest; most of us are unaware of its meaning or the roles and responsibilities that medical coders perform in the healthcare world. And mind you, what they do is extremely important! Read on to know more about them and a few of the best medical coding companies in USA. What is Medical Coding? …
Grand View Research published a report recently that captured some interesting highlights about the orthopedic medical device industry. The article puts the global market size for the sector at $40.9 billion in 2021, with a compounded annual growth rate (CAGR) of 3.1% from 2022 to 2030. According to another study, musculoskeletal conditions, currently affecting 1.71 …
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