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Showing posts from May 31, 2017

The Micro-Electro-Mechanical Systems (MEMS) market for the healthcare

The MEMS market for the healthcare vertical seems being on an exciting curve thanks to the high adoption of MEMS for clinical monitoring applications such as ECG patient monitoring and EEG measurement; and imaging applications such as CT-imaging and digital X-ray. Micro-Electro-Mechanical Systems (MEMS) are being used for diagnostic and treatment equipment positioning applications; which includes: high precision positioning of equipment such as surgery tables, and prostheses and patient monitoring applications such as movement and position monitoring.

The most exciting regarding Micro-Electro-Mechanical Systems (MEMS) Market

Until now, one can observe that, stringent government regulations for the automotive vertical and huge adoption of automation in industries and homes are driving the Micro-Electro-Mechanical Systems (MEMS) Market. Beyond highly complex manufacturing process and demanding cycle time, Research and Markets predicts that, the Micro-Electro-Mechanical Systems (MEMS) Market is expected to be valued at USD 18.88 billion by 2022, at a CAGR of 9.8% between 2017 and 2022.

The market for multimodal sensors in the fall detection system market

For those who are unfamiliar, Multimodal sensors include accelerometers and gyroscopes; magnetometers; and audio, images, and video clips via speech recognition and on-demand video techniques. 
According to Research and Markets, the popularity of the machine learning method is the primary reason behind the growth of the market for multimodal sensors in the fall detection system market. The machine learning algorithm needs an array of sensors to carry out a real-time analysis of numbers and differentiate a fall from other activities of daily living. Along with this, multimodal sensors also use artificial intelligence to detect a fall. These factors are expected to act as key drivers for the multimodal sensor market.

The fall detection system market

The most exciting is to see that, better accessibility to assistance in case of fall leading to reduced medical expenses, increasing demand for smartphone and wearable technology-based fall detection systems, and increasing demand for multimodal technology are the factors driving the growth of the fall detection system market.
However, the low practicality and acceptability of the technology among elders, and the use of data from simulated conditions for designing fall detection system algorithms acts as a restraining factor for the market. 
Research and Markets reveals that, the overall fall detection system market was valued at USD 358.6 million in 2016 and is expected to reach USD 497.3 million by 2022, at a CAGR of 5.58% between 2017 and 2022.

In-vitro diagnostic reagents and in-vitro medical devices used in molecular and protein detection

Very interesting to see that, Applied BioCode Achieves a Significant Milestone with ISO 13485:2003 Certification (FM 661595) from the British Standards Institution (BSI) Group for the design, development, manufacture and distribution of in-vitro diagnostic reagents and in-vitro medical devices used in molecular and protein detection. For those who are unfamiliar, ISO 13485:2003 is the world's most widely recognized quality management standard for the medical industry and helps organizations to meet the quality expectations and needs of their customers. As part of the ISO 13485:2003 certification process, Applied BioCode engaged in a rigorous audit of our business processes as well as our product quality environments.

Biotechnology has potential applications in the management of several animal diseases

I have a pleasure to recall, Biotechnology has potential applications in the management of several animal diseases such as foot-and-mouth disease, classical swine fever, avian flu and bovine spongiform encephalopathy. The most important biotechnology-based products consist of vaccines, particularly genetically engineered or DNA vaccines. According to Research and Markets, Gene therapy for diseases of pet animals is a fast developing area of the global Animal Biotechnology Technologies market because many of the technologies used in clinical trials humans were developed in animals and many of the diseases of cats and dogs are similar to those in humans. RNA interference technology is now being applied for research in veterinary medicine. +123 companies are involved in animal biotechnology.

Animal Biotechnology Technologies

Steadily, one can observe that, knowledge of animal genetics is important in the application of biotechnology to manage genetic disorders and improve animal breeding. Transgenic technologies are used for improving milk production and the meat in farm animals as well as for creating models of human diseases. Transgenic animals are used for the production of proteins for human medical use. Biotechnology is applied to facilitate xenotransplantation from animals to humans. Genetic engineering is done in farm animals and nuclear transfer technology has become an important and preferred method for cloning animals. There is discussion of in vitro meat production by culture. Genomics, proteomics and bioinformatics are also being applied to animal biotechnology.