Artificial Intelligence
Global Digital Health Industry
New York, Nov. 25, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Digital Health Industry” – https://www.reportlinker.com/p05895953/?utm_source=GNW
8 billion by the year 2027, trailing a post COVID-19 CAGR of 18.8% over the analysis period 2020 through 2027. Non-COVID-19 healthcare has massively migrated to digital platforms over the last 8 months. From telemedicine to remote patient monitoring & management, new service delivery platforms have been adopted at lightning speeds. With the only available defense against COVID-19 being personal hygiene & mass physical distancing, digital technologies are coming into the spotlight to bridge the forced physical divide between doctor & patients. In several countries worldwide, searches for “Doctor near me” declined by 60%, while online consultations have risen by 350% in the same period and online pharmacy sales have skyrocketed 600%. Technology is helping the development of remote medical monitoring platforms to assist healthcare service providers to address the medical needs of patients located in remote areas and suffering from diverse health issues. The COVID-19 crisis is compelling government organizations and hospitals to swiftly adopt other models such as telemedicine as an alternative for delivering healthcare. In the era of COVID-19, when people are skeptical to leave their homes for treatments a follow-up, telehealth services are playing an important role. Online video conferencing platforms such as face-time and Zoom are used for virtual medical consultation by patients for all kind of services including emergencies, initial diagnosis and subsequent follow ups and even corona virus testing. Service and technology providers are increasing efforts to demonstrate the advantages of virtual care solutions and telemedicine to healthcare delivery enterprises. Physical appointments and visits to the clinics and hospitals for diagnosis and treatment have become difficult in the time of stay-at-home and social distancing norms. Hence, hospitals are adopting digital platforms to reach out to patients for better medical solutions.
Technologies such as ’digital front door’ are being used to provide virtual patient access. System has the benefits of a satisfying experience and improved service efficiency and increased revenue. This strategy leverages technology to engage patients at all touch-points throughout their journey from initial diagnosis to final treatment and recovery. Healthcare related apps are developed on smartphones and websites to provide an interface for medical service providers and patients to interact. Predictive analysis, healthcare analytics,3-D printing, tele-medicine, digital front door, AI chat bots are some areas of technological intervention in the field of medicine that are gaining prominence. Predictive analysis is being widely used to predict the number of COVID cases in affected areas. Unprecedented and unpredicted rise in number of COVID infected patients have stressed the healthcare infrastructure capacities resulting in shortage of medicines, beds and even required medical equipment. Certain hospitals are applying predictive analytics to identify the patient location and intensity of infection. These predictions are made on the basis of multiple factors such as demographic variables of age, gender, socio-economic status, medical history, temperature and information about humidity status. These parameters assessment of areas with degree of infection facilitate administration of required medical supplies in the affected locations. Predictive analysis techniques facilitate optimum utilization of medical resources such as medical staff, protective kits and hospital beds. Healthcare analytics is another important application of technology that manages a large amount of data related to patients and hospitals. Patient data include medical history, prescription records. Clinical information is related to financial position, administrative and operational practices followed by hospitals and clinics. Business intelligence (BI) analyses the significant amount of data to provide better medical care to patients on one hand and improve efficiencies of healthcare system on other hand. Patient treatment is customized on the basis of individual symptoms, patients requiring repeat check-up and admission are identified easily and in less time. Besides, BI helps optimizing the supply chain and increase efficiency of medical staff. This system provides much needed input for quick decision making in the times of health crisis.
Mobile devices and apps are finding an increasing role in telemedicine. Several telemedicine companies are introducing telemedicine apps to enable patients to access and communicate with healthcare providers in remote locations. Though telemedicine programs have been in place for nearly half a century, health care reforms of recent years have been instrumental in promoting increased use of such applications. Telemedicine currently finds application in a majority of medical domains including radiology, cardiology, dermatology, psychiatry, dentistry, pediatrics and pathology, among others. Though telemedicine is not a replacement for physical check-up of patient, it plays a significant role in improving the existing healthcare system. Telemedicine programs have proved cost effective, and with curtailment of health care expenditures becoming one of the major concerns, such programs are being increasingly implemented in several nations across the globe. Use of telemedicine apps is expected to increase in future with more number of hospitals and healthcare facilities considering the use of telemedicine services. As focus shifts to address challenges related to technological maturity, scalability & data governance, digital healthcare is being institutionalized as a reliable way to strengthen public health services.
Competitors identified in this market include, among others,
- Allscripts Healthcare Solutions, Inc.
- AT&T, Inc.
- Athenahealth, Inc.
- Cerner Corporation
- Cisco Systems, Inc.
- eClinicalWorks LLC
- Epic Systems Corporation
- General Electric Company
- Koninklijke Philips NV
- McKesson Corporation
- Qualcomm, Inc.
Read the full report: https://www.reportlinker.com/p05895953/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE I-1
II. EXECUTIVE SUMMARY II-1
1. MARKET OVERVIEW II-1
Impact of Covid-19 and a Looming Global Recession II-1
Digital Healthcare Gains Spotlight Amid COVID-19 Pandemic II-1
Digital Technologies Gaining Adoption Amid COVID-19 II-3
List of COVID-19 Contact Tracing Apps II-4
Digital Penetration Aids in Controlling COVID-19 II-4
Telemedicine Adoption Reaches New Heights Amid the Pandemic II-6
Digital Health Investments Record Strong Growth in 2020 1H II-7
Exhibit 1: Leading Digital Health Categories by Funding: 1H2020 II-8
Exhibit 2: Digital Health Venture Funding in US$ billion: 1H
2020 Vs 1H2019 Vs 1H 2018 II-8
Exhibit 3: Digital Health Funding (in US$ billion): 2015-1H2020 II-9
Exhibit 4: Average Deal Size (in US$ billion): 2015-1H2020 II-9
Exhibit 5: Top 20 Digital Health Investment Companies: 1Q 2020 II-10
Mobile Health Apps Gain Interest Amid the Pandemic II-12
Digital Health: An Introduction II-13
Market Outlook II-14
Geographic Landscape II-16
mHealth: Holds the Largest Share II-17
Recent Market Activity II-17
2. FOCUS ON SELECT PLAYERS II-20
3. MARKET TRENDS & DRIVERS II-21
Remote Monitoring of Patients and Telemedicine to become
Mainstream II-21
Exhibit 6: Percentage of Individuals Interested in Using
Telehealth Amid the Pandemic: 2019 Vs 2020 II-22
Growing Role of Telemedicine Apps During COVID-19 Pandemic II-22
COVID-19 Augments Demand for Health Analytics II-23
Digital Health Leverages Predictive Analytics II-23
Introduction of 5G to Speed up Market Penetration II-24
Exhibit 7: Breakdown of Network Latency (in Milliseconds) by
Network Type II-24
Exhibit 8: Global Smartphone Subscription Breakdown by
Technology: 2019 and 2025 II-25
AI and Chatbots Make Significant Contribution to Triage Patients II-25
Robots Provide Patientcare Releasing the Burden on Medical
staff Amid the Pandemic II-26
Wearable Gadgets Bring in Healthcare Disruption II-26
Exhibit 9: Global Wearable Technology Market by Application : 2019 II-27
Partnering with Technology Majors to Spur Innovation II-28
Impact of Digital Technology on Radiology Sector II-28
mHealth Care: A Prominent Trend in Digital Healthcare Market II-29
Rise in Integration of AI in Mobile Health Apps II-30
Patient Generated Health Data: An Important Resource for
Medical Training and Research II-30
Cloud Computing: An Expanding Paradigm II-31
Artificial Intelligence to Play a Significant Role in Improving
Clinical Outcomes II-32
Exhibit 10: Global Healthcare Artificial Intelligence Market by
Application: 2019 II-34
The Internet of Things (IoT) to Increase Accessibility II-35
Need to Improve Transparency to Drive Blockchain Technology
Adoption II-36
Exhibit 11: Blockchain Technology Adoption Worldwide (2019) –
Percentage Breakdown of Number of Use Cases of Non-Bitcoin
Blockchain Solutions II-38
Augmented Reality Transforms Medical Treatment II-38
Prominence of Big Data in Mobile Health Applications II-39
Eminence of Cloud-based apps in the Mobile Health Care Industry II-40
Inclination of Young Consumers Towards Digital Health
Technology: Opportunity in Store II-41
Faster Processing of Payments through Mobile Payment Apps
Encourage Use of MHealth Apps II-42
Surgeons Use Video-Conferencing as an Educational Tool II-42
Rising Healthcare Costs Drive Significance of Digital Health II-43
Exhibit 12: World Healthcare Expenditure (In US$ Billion) for
the Years 2017-2023 II-44
Chronic Diseases Management and Associated Costs Drive Medical
Apps Adoption II-45
Exhibit 13: Chronic Disease Management in Developed Countries
(2019): Percentage Distribution of Patient Population by
Chronic Disease Type in the US, Germany, and UK II-46
Ballooning Global Population Offers Significant Growth
Opportunities II-46
Exhibit 14: Global Aging Population Statistics for the 65+ Age
Group in Million by Geographic Region for the Years 2019,
2025, 2035 and 2050 II-47
Shortage of Medical Professionals: Mobile Medical Apps Come to
the Rescue II-48
Exhibit 15: Physicians Density Per 1000 Population in Select
Countries (2017 II-49
ISSUES AND CHALLENGES II-50
Protecting Patient Integrity and Building Trust: A Major Challenge II-50
Cyber Security, and Maintaining Regulatory Compliance II-50
Recruiting, Training, and Retaining the Best Talent II-50
4. GLOBAL MARKET PERSPECTIVE II-51
Table 1: World Current & Future Analysis for Digital Health by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 II-51
Table 2: World 7-Year Perspective for Digital Health by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2020 & 2027 II-52
Table 3: World Current & Future Analysis for mHealth by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 II-53
Table 4: World 7-Year Perspective for mHealth by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027 II-54
Table 5: World Current & Future Analysis for Digital Health
Systems by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 II-55
Table 6: World 7-Year Perspective for Digital Health Systems by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027 II-56
Table 7: World Current & Future Analysis for Healthcare
Analytics by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 II-57
Table 8: World 7-Year Perspective for Healthcare Analytics by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027 II-58
Table 9: World Current & Future Analysis for Tele-Healthcare by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 II-59
Table 10: World 7-Year Perspective for Tele-Healthcare by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027 II-60
Table 11: World Current & Future Analysis for Services by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 II-61
Table 12: World 7-Year Perspective for Services by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027 II-62
Table 13: World Current & Future Analysis for Hardware by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 II-63
Table 14: World 7-Year Perspective for Hardware by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027 II-64
Table 15: World Current & Future Analysis for Software by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 II-65
Table 16: World 7-Year Perspective for Software by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027 II-66
III. MARKET ANALYSIS III-1
GEOGRAPHIC MARKET ANALYSIS III-1
UNITED STATES III-1
Market Overview III-1
Impact of COVID-19 on Digital Health III-1
COVID-19 Impact on Digital Health Venture Funding III-2
Outlook III-2
Telemedicine to Witness Increased Adoption III-3
Virtual Clinical Trials And AI Technology Gains Interest III-4
Healthcare Facilities Turn to Mobile Technologies to Reduce Costs III-5
Exhibit 16: US Healthcare Spending (2006-2020) (in US$ Trillion) III-7
On-body Devices and Wearables Gain Traction III-7
Data Analytics Find Wider Adoption in Healthcare III-7
Changing Demographics Accelerate the Invasion of Digital Health
Technologies III-8
Exhibit 17: US Resident Population by Age Group (in %): 2019 III-9
Advances in Digital Health Policies III-9
Value-Based Care (VBC) Reimbursement Models Gain Focus III-11
Market Analytics III-12
Table 17: USA Current & Future Analysis for Digital Health by
Technology – mHealth, Digital Health Systems, Healthcare
Analytics and Tele-Healthcare – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-12
Table 18: USA 7-Year Perspective for Digital Health by
Technology – Percentage Breakdown of Value Sales for mHealth,
Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-13
Table 19: USA Current & Future Analysis for Digital Health by
Component – Services, Hardware and Software – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-14
Table 20: USA 7-Year Perspective for Digital Health by
Component – Percentage Breakdown of Value Sales for Services,
Hardware and Software for the Years 2020 & 2027 III-15
CANADA III-16
Adoption of Digital Health e-Services Increases in Canada
Benefiting Both Patients and Healthcare System III-16
Market Analytics III-17
Table 21: Canada Current & Future Analysis for Digital Health
by Technology – mHealth, Digital Health Systems, Healthcare
Analytics and Tele-Healthcare – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-17
Table 22: Canada 7-Year Perspective for Digital Health by
Technology – Percentage Breakdown of Value Sales for mHealth,
Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-18
Table 23: Canada Current & Future Analysis for Digital Health
by Component – Services, Hardware and Software – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-19
Table 24: Canada 7-Year Perspective for Digital Health by
Component – Percentage Breakdown of Value Sales for Services,
Hardware and Software for the Years 2020 & 2027 III-20
JAPAN III-21
Table 25: Japan Current & Future Analysis for Digital Health by
Technology – mHealth, Digital Health Systems, Healthcare
Analytics and Tele-Healthcare – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-21
Table 26: Japan 7-Year Perspective for Digital Health by
Technology – Percentage Breakdown of Value Sales for mHealth,
Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-22
Table 27: Japan Current & Future Analysis for Digital Health by
Component – Services, Hardware and Software – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-23
Table 28: Japan 7-Year Perspective for Digital Health by
Component – Percentage Breakdown of Value Sales for Services,
Hardware and Software for the Years 2020 & 2027 III-24
CHINA III-25
Market Overview III-25
Exhibit 18: Leading Medical Apps by Monthly Active Users in
Million in China: January 2020 III-25
Market Analytics III-26
Table 29: China Current & Future Analysis for Digital Health by
Technology – mHealth, Digital Health Systems, Healthcare
Analytics and Tele-Healthcare – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-26
Table 30: China 7-Year Perspective for Digital Health by
Technology – Percentage Breakdown of Value Sales for mHealth,
Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-27
Table 31: China Current & Future Analysis for Digital Health by
Component – Services, Hardware and Software – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-28
Table 32: China 7-Year Perspective for Digital Health by
Component – Percentage Breakdown of Value Sales for Services,
Hardware and Software for the Years 2020 & 2027 III-29
EUROPE III-30
Market Overview III-30
Opportunities and Trends in Digital Health III-30
Market Analytics III-32
Table 33: Europe Current & Future Analysis for Digital Health
by Geographic Region – France, Germany, Italy, UK, Spain,
Russia and Rest of Europe Markets – Independent Analysis of
Annual Sales in US$ Million for Years 2020 through 2027 III-32
Table 34: Europe 7-Year Perspective for Digital Health by
Geographic Region – Percentage Breakdown of Value Sales for
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
Markets for Years 2020 & 2027 III-33
Table 35: Europe Current & Future Analysis for Digital Health
by Technology – mHealth, Digital Health Systems, Healthcare
Analytics and Tele-Healthcare – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-34
Table 36: Europe 7-Year Perspective for Digital Health by
Technology – Percentage Breakdown of Value Sales for mHealth,
Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-35
Table 37: Europe Current & Future Analysis for Digital Health
by Component – Services, Hardware and Software – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-36
Table 38: Europe 7-Year Perspective for Digital Health by
Component – Percentage Breakdown of Value Sales for Services,
Hardware and Software for the Years 2020 & 2027 III-37
FRANCE III-38
Table 39: France Current & Future Analysis for Digital Health
by Technology – mHealth, Digital Health Systems, Healthcare
Analytics and Tele-Healthcare – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-38
Table 40: France 7-Year Perspective for Digital Health by
Technology – Percentage Breakdown of Value Sales for mHealth,
Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-39
Table 41: France Current & Future Analysis for Digital Health
by Component – Services, Hardware and Software – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-40
Table 42: France 7-Year Perspective for Digital Health by
Component – Percentage Breakdown of Value Sales for Services,
Hardware and Software for the Years 2020 & 2027 III-41
GERMANY III-42
Table 43: Germany Current & Future Analysis for Digital Health
by Technology – mHealth, Digital Health Systems, Healthcare
Analytics and Tele-Healthcare – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-42
Table 44: Germany 7-Year Perspective for Digital Health by
Technology – Percentage Breakdown of Value Sales for mHealth,
Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-43
Table 45: Germany Current & Future Analysis for Digital Health
by Component – Services, Hardware and Software – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-44
Table 46: Germany 7-Year Perspective for Digital Health by
Component – Percentage Breakdown of Value Sales for Services,
Hardware and Software for the Years 2020 & 2027 III-45
ITALY III-46
Table 47: Italy Current & Future Analysis for Digital Health by
Technology – mHealth, Digital Health Systems, Healthcare
Analytics and Tele-Healthcare – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-46
Table 48: Italy 7-Year Perspective for Digital Health by
Technology – Percentage Breakdown of Value Sales for mHealth,
Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-47
Table 49: Italy Current & Future Analysis for Digital Health by
Component – Services, Hardware and Software – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-48
Table 50: Italy 7-Year Perspective for Digital Health by
Component – Percentage Breakdown of Value Sales for Services,
Hardware and Software for the Years 2020 & 2027 III-49
UNITED KINGDOM III-50
Pandemic Drives Tele Health III-50
Market Analytics III-51
Table 51: UK Current & Future Analysis for Digital Health by
Technology – mHealth, Digital Health Systems, Healthcare
Analytics and Tele-Healthcare – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-51
Table 52: UK 7-Year Perspective for Digital Health by
Technology – Percentage Breakdown of Value Sales for mHealth,
Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-52
Table 53: UK Current & Future Analysis for Digital Health by
Component – Services, Hardware and Software – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-53
Table 54: UK 7-Year Perspective for Digital Health by Component –
Percentage Breakdown of Value Sales for Services, Hardware
and Software for the Years 2020 & 2027 III-54
SPAIN III-55
Table 55: Spain Current & Future Analysis for Digital Health by
Technology – mHealth, Digital Health Systems, Healthcare
Analytics and Tele-Healthcare – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-55
Table 56: Spain 7-Year Perspective for Digital Health by
Technology – Percentage Breakdown of Value Sales for mHealth,
Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-56
Table 57: Spain Current & Future Analysis for Digital Health by
Component – Services, Hardware and Software – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-57
Table 58: Spain 7-Year Perspective for Digital Health by
Component – Percentage Breakdown of Value Sales for Services,
Hardware and Software for the Years 2020 & 2027 III-58
RUSSIA III-59
Table 59: Russia Current & Future Analysis for Digital Health
by Technology – mHealth, Digital Health Systems, Healthcare
Analytics and Tele-Healthcare – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 III-59
Table 60: Russia 7-Year Perspective for Digital Health by
Technology – Percentage Breakdown of Value Sales for mHealth,
Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-60
Table 61: Russia Current & Future Analysis for Digital Health
by Component – Services, Hardware and Software – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 III-61
Table 62: Russia 7-Year Perspective for Digital Health by
Component – Percentage Breakdown of Value Sales for Services,
Hardware and Software for the Years 2020 & 2027 III-62
REST OF EUROPE III-63
Table 63: Rest of Europe Current & Future Analysis for Digital
Health by Technology – mHealth, Digital Health Systems,
Healthcare Analytics and Tele-Healthcare – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027 III-63
Table 64: Rest of Europe 7-Year Perspective for Digital Health
by Technology – Percentage Breakdown of Value Sales for
mHealth, Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-64
Table 65: Rest of Europe Current & Future Analysis for Digital
Health by Component – Services, Hardware and Software –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 III-65
Table 66: Rest of Europe 7-Year Perspective for Digital Health
by Component – Percentage Breakdown of Value Sales for
Services, Hardware and Software for the Years 2020 & 2027 III-66
ASIA-PACIFIC III-67
Market Overview III-67
Market Analytics III-68
Table 67: Asia-Pacific Current & Future Analysis for Digital
Health by Technology – mHealth, Digital Health Systems,
Healthcare Analytics and Tele-Healthcare – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027 III-68
Table 68: Asia-Pacific 7-Year Perspective for Digital Health by
Technology – Percentage Breakdown of Value Sales for mHealth,
Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-69
Table 69: Asia-Pacific Current & Future Analysis for Digital
Health by Component – Services, Hardware and Software –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 III-70
Table 70: Asia-Pacific 7-Year Perspective for Digital Health by
Component – Percentage Breakdown of Value Sales for Services,
Hardware and Software for the Years 2020 & 2027 III-71
REST OF WORLD III-72
Table 71: Rest of World Current & Future Analysis for Digital
Health by Technology – mHealth, Digital Health Systems,
Healthcare Analytics and Tele-Healthcare – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027 III-72
Table 72: Rest of World 7-Year Perspective for Digital Health
by Technology – Percentage Breakdown of Value Sales for
mHealth, Digital Health Systems, Healthcare Analytics and
Tele-Healthcare for the Years 2020 & 2027 III-73
Table 73: Rest of World Current & Future Analysis for Digital
Health by Component – Services, Hardware and Software –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 III-74
Table 74: Rest of World 7-Year Perspective for Digital Health
by Component – Percentage Breakdown of Value Sales for
Services, Hardware and Software for the Years 2020 & 2027 III-75
IV. COMPETITION
Total Companies Profiled: 115
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Artificial Intelligence
XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform
CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.
XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
Logo – https://mma.prnewswire.com/media/632519/XtalPi_Logo.jpg
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Artificial Intelligence
ICIS and Base Oil News Announce Partnership to Enhance Market Insights
LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.
With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Artificial Intelligence
Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform
SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.
Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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View original content:https://www.prnewswire.co.uk/news-releases/trianz-welcomes-israel-abraham-as-vice-president-of-services-for-extricaai–the-data-to-ai-platform-302102589.html
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