Business
China Healthcare Market to Reach USD 1 Trillion by 2020
China's healthcare market is projected to grow at a whopping CAGR of about 12% from USD 357 billion in 2011 to USD 1 trillion by 2020, driven by the country’s favorable demographic trends, continued urbanization, growing disease burden, economic expansion, and rising income levels providing access to treatments. These are the latest findings of McKinsey & Company, a global management consulting firm. More...13 Nov 2017
Advantech and IGEL to Offer Cloud Solutions for Healthcare
Advantech Corporation, a provider of medical computing solutions, and German endpoint management specialist, IGEL Technology are pooling their skills in an ongoing technology partnership to combine the former’s hardware expertise and the latter’s software knowhow in order to enable unique endpoint management capabilities especially designed for the healthcare sector. Advantech's point-of-care (POC) medical computer equipped with the IGEL’s LINUX-based operating system (OS) will be showcased for the first time at the MEDICA medical trade fair to be held in Düsseldorf in November. More...30 Oct 2017
AI-Powered Chatbots Drive Global Savings of USD 3.6 Billion by 2022
Annual cost savings derived from the adoption of chatbots in healthcare could reach USD 3.6 billion globally by 2022, up from an estimated USD 2.8 million in 2017, marking an average growth of 320% per annum, as AI (artificial intelligence) powered chatbots will drive improved customer experiences for patients. Patients will be able to use sophisticated chatbot systems to access care more quickly and easily, thereby improving access to care and reducing pressure on overworked healthcare systems by ensuring more efficient interactions. More...30 Oct 2017
Philips and Huawei Initiate Cloud AI Healthcare Project
Royal Philips and Huawei Technologies Co., Ltd. have signed an MoU for the deployment of a cloud-based healthcare solution. The project targeting China’s smaller urban centers has already completed testing and aims to expand high-quality cloud-driven healthcare to communities that lack advanced healthcare solutions or physicians with specialist skills. More...25 Oct 2017
IBM Researchers Develop Technologies to Track Lung Disease
Researchers at International Business Machines Corp. have collaborated with Swiss start-up docdok.health to develop a set of sensor and machine-learning technologies to improve the life quality of patients with chronic obstructive pulmonary disease (COPD), aid patient-physician communication and lower the financial burden on healthcare systems. More...25 Oct 2017
MEDICAL FAIR THAILAND 2017 Proves a Record-Breaking Edition
MEDICAL FAIR THAILAND 2017, which was held in Bangkok, Thailand, from September 6-8, 2017, proved to be a record-breaking edition, with the event witnessing 830 companies from 66 countries, 18 national pavilions and country groups, and more than 9,000 quality trade visitors from over 70 countries. This indicated the exhibition’s influence on the region’s burgeoning and fast-growing medical and healthcare industry. More...28 Sep 2017
Global Medical Robotics Market to Reach USD 20 Billion by 2022
The global medical robotics market is expected to grow at a CAGR of 21.6%from USD 6.36 billion in 2016 to USD 20.56 billion by 2022, driven by the enhancement of automation technologies, rising incidence of disabilities in human beings and growing baby boomer population, that impede their day-to-day physical motions. More...20 Sep 2017
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HospiMedica Industry News channel updates the reader on mergers and takeovers, on cooperative agreements and on trends in the healthcare industry worldwide.