Healthcare Technology News

According to the forecast of the market research firm, P&S Intelligence, the global synthetic biology market will grow at an explosive pace in the coming years. The factors propelling the advancement of the market are the soaring geriatric population, advanced and innovative applications of synthetic biology, rising support from several government organizations, ballooning research activities, and surging investments being made in research and development activities pertaining to drug development and drug discovery all over the world.  To learn more about this report:  https://bit.ly/2I3rUew Synthetic biology is basically an interdisciplinary domain that deals with the redesigning and fabrication of various biological components and systems that do not exist in the world around us. This interdisciplinary field focusses on the application of several engineering principles to biology. Synthetic biology helps researchers and healthcare professionals majorly in the study and developme

 According to a report by P&S Intelligence on Healthcare Ecosystem Insights, the healthcare industry in the U.S. is predicted to generate a revenue of $5,605.5 billion by 2024, advancing at a 6.6% CAGR during the forecast period. The growth of the industry in the U.K. Japan, China, the U.S., France, and Singapore is occurring due to the government initiatives & enhanced healthcare infrastructure, rising prevalence of chronic diseases, increasing adoption of healthcare insurance, growing gross domestic product and healthcare expenditure, rising requirement for in-vitro diagnostic (IVD) tests, surging geriatric population, and digitalization in the industry.  To learn more about this report:  https://bit.ly/2JyetUc On the basis of diseases, the healthcare industry is divided into cancer, cardiovascular & circulatory diseases, respiratory diseases, diabetes, neuropsychiatric disorders, blood & endocrine disorders, chronic liver diseases, musculoskeletal diseases, and othe