MedTech

Amid pandemic and other factors, global vaccine market to hit over $43 billion by 2027

The global vaccine, storage, and packaging market size in anticipated to hit $43.3 billion by 2027 and a 10 percent growth rate during over the forecast period, 2020 to 2027, according to market intelligence firm Million Insights. The rising number of investments undertaken by biopharmaceutical companies and healthcare institutions to carry out R&D is projected […]

Moderna and IBM to collaborate on COVID-19 vaccine supply chain

Moderna and IBM jointly announced Thursday their intentions to explore technologies, including artificial intelligence, blockchain and hybrid cloud, that could help support smarter COVID-19 vaccine supply chain management. Central to the effort will be a pilot of open, standardized, technology-enabled vaccine distribution approaches aimed to improve supply chain visibility and foster near real-time tracking of […]

Dubai Health Authority to adapt AI-powered remote patient monitoring tech

Dubai’s healthcare regulator announced earlier this week that it will be working on enhancing its MedTech capabilities, emphasizing AI-powered remote patient monitoring. The Dubai Health Authority (DHA) is currently collaborating with homegrown startup Enpy – which specializes in medical artificial intelligence (AI) – to use its AI-powered device for remote patient monitoring. According to the […]

AI-enhanced measurements company acquired by MindMed

MindMed, an innovative psychedelic drug developer, has bought HealthMode, a machine-learning digital medicine company. MindMed, the psychedelic medicine biotech company, announced in a release that it closed its acquisition of HealthMode, a digital medicine and therapeutics startup that uses Artificial Intelligence (AI)-enabled digital measurement to increase the precision and speed of clinical research and patient […]

Wearable tech market to more than double in growth by 2026

Over the years, fitness technology has grown from the bulky fridge-like mainframes to the sleek finesse of fitbits, containing more processing power than the computers that put a human on the moon. For context, innovative tech has gone from having a dedicated room to a dedicated pocket, allowing us to work, study and monitor our […]

Medical 3D printing rises amid COVID-19 pandemic

The COVID-19 pandemic has placed the healthcare industry into the limelight, as investments from all sorts of industries have been pouring in since last year. However, one form of investment has been making strides with many in the field: 3D printing and bioprinting. According to a report by Research and Markets, the global 3D Printing […]

Healthcare cloud computing set to rise in next decade

The novel COVID-19 pandemic has placed a spotlight on how technology can aid the healthcare industry in improving operations, cutting costs, and taking patient care to whole new level. One of the major technologies making strides is healthcare cloud computing, since it allows hospitals and medical facilities the flexibility patients need to receive care in […]