24 minutes

DEEP DIVE: Emerging Technology in Healthcare and Medicine

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
John Mercer, Head of Global Research and Managing Director of Data-Driven Research
Swarooprani Muralidhar, Director of Research
Deep Dive

Executive Summary

In this report, we examine some of the latest technology in healthcare, such as gene editing and gene therapy, personal genomics, nanomedicine, organs-on-chips, regenerative medicine and other trends, such as wearable technology and robotics. These are some key findings:

  • The global digital healthcare market was worth US$60.8 billion in 2013, and is estimated to grow to US$135.9 billion in 2017 and reach nearly US$233.3 billion in 2020.
  • There are some 4,000 diseases linked to genetic dysfunction. Conventional drugs do not work for about 75% of cancer (a genetic disease) patients, on average.
  • The global nanomedicine market was worth US$248 billion in 2014, and is projected to grow at a CAGR of 16.3% to reach US$528 billion in 2019.
  • The market for organs-on-chips was worth some US$31.5 million in 2015, and growth is expected to surge at a CAGR of 70% by 2020.
  • New developments in healthcare must solve the problems that patients and healthcare professionals face regularly, in order to become economically viable and successful.
  • They also need to get through the long stages of clinical trials and gain regulatory approvals faster, in order to be available to the mass market.
You are currently viewing a preview of this report.

Please select an access option to view the full report. Hide Options -

Get unlimited access to all our research with one of our subscription plans.

View Subscription Plans
or

Contact us to purchase this report.

Contact us