#Healthcare market

[albaalexa]

How Medicare Supplement Companies Are Changing The Healthcare Market?

Medicare Supplement companies, also known as Medigap insurers, are significantly transforming the healthcare market in several key ways. These changes are largely driven by demographic shifts, regulatory changes, technological advancements, and evolving consumer preferences.

Expanding Access and Affordability: Medicare Supplement plans are designed to fill the gaps in coverage left by Original Medicare (Parts A and B), such as copayments, coinsurance, and deductibles. By offering these plans, companies help reduce out-of-pocket costs for beneficiaries, making healthcare more accessible and affordable for millions of seniors. This financial security allows more individuals to seek necessary medical care without the fear of overwhelming expenses, promoting overall better health outcomes.

Increasing Competition and Innovation: The rise of Medicare Supplement companies has intensified competition in the healthcare market. To attract and retain customers, these companies are continuously innovating. This includes offering additional benefits beyond the standard Medigap plans, such as vision, dental, and hearing care, wellness programs, and even gym memberships. These enhancements not only make their plans more attractive but also encourage preventative care and healthier lifestyles among seniors.

Enhancing Customer Experience through Technology: Technological advancements have enabled Medicare Supplement companies to significantly enhance the customer experience. Many insurers are investing in digital tools and platforms that simplify plan selection, enrollment, and management. Online portals and mobile apps allow beneficiaries to easily compare plans, access policy information, file claims, and contact customer service. Additionally, telemedicine services have become more prevalent, providing convenient access to healthcare professionals without the need for in-person visits. These innovations improve efficiency, reduce administrative burdens, and offer greater convenience to policyholders.

Responding to Regulatory Changes: Medicare Supplement companies must navigate a complex and evolving regulatory landscape. Recent regulatory changes, such as the phasing out of Plans C and F for new enrollees as of 2020, have prompted insurers to adapt their offerings. Companies are developing new plans and adjusting existing ones to comply with regulations while still meeting consumer needs. This adaptability ensures that they remain competitive and compliant, thereby sustaining their market presence.

Promoting Preventive Care and Chronic Disease Management: Medicare Supplement plans increasingly emphasize preventive care and chronic disease management. Insurers are incorporating benefits that encourage regular health screenings, vaccinations, and routine check-ups. Chronic disease management programs, which provide support for conditions like diabetes, hypertension, and heart disease, are also becoming more common. By focusing on prevention and early intervention, these programs help reduce hospital admissions and long-term healthcare costs, leading to better health outcomes for beneficiaries.

Addressing Diverse Needs and Preferences: The diversity of the senior population requires Medicare Supplement companies to offer a variety of plans that cater to different health needs and financial situations. This customization includes plans with varying levels of coverage and premiums, enabling beneficiaries to choose options that best fit their circumstances. Insurers are also focusing on underserved communities, ensuring that all seniors, regardless of their background or location, have access to supplemental coverage.

Medicare Supplement companies are playing a crucial role in shaping the future of healthcare for seniors. By enhancing access and affordability, driving competition and innovation, leveraging technology, adapting to regulatory changes, promoting preventive care, and addressing diverse needs, these companies are not only transforming the market but also significantly improving the healthcare experience and outcomes for millions of beneficiaries. Their continued evolution will be essential in meeting the growing and changing demands of an aging population.

[market-insider]

Suction Catheters Market Forecast: A Holistic Approach to Market Trends

The global suction catheters market size is expected to reach USD 844.1 million by 2030, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.2% from 2022 to 2030. Suction catheters help in clearing the respiratory tract of ventilator-dependent patients or patients suffering from respiratory disorders. The rise in the number of people suffering from chronic respiratory illness is proliferating the demand for suction catheters. For instance, as per the Irish Thoracic Society, in 2016, there were 643,580 inpatient hospitalizations in Ireland. Out of which, 32% of inpatients were older than 65 years and over. Respiratory diseases accounted for 19.1% of inpatient hospitalizations in Ireland.

Suction Catheters Market Report Highlights

Based on type, the closed suction catheter segment dominated the market in terms of revenue share in 2021. Further, the closed suction catheter segment is expected to witness the fastest growth rate of 8.8% over the forecast period, owing to a rise in cases of cross-contamination

Based on material, the latex-free segment dominated the market with a share of 69.7% in 2021, owing to the increased use of silicon-based catheters by healthcare professionals. Further, the latex-free segment is expected to grow at the fastest CAGR of over 8.8% during the forecast period

Based on end use, the hospital segment held the majority of the market share in terms of revenue in 2021. On the other hand, the ambulatory care centers segment is expected to witness the fastest growth of 10.9% during the forecast period

In 2021, North America dominated the market with a share of around 45% owing to the rising prevalence of various types of chronic diseases and the growing demand for respiratory devices. The Asia Pacific suction catheters market is expected to expand at the fastest rate of 8.6% during the forecast period. The growth can be attributed to the rise in the aging population and the increasing prevalence of chronic diseases

For More Details or Sample Copy please visit link @: Suction Catheters Market Report

The Covid-19 pandemic has highlighted the importance of respiratory medical devices owing to the rise in the number of ventilator-supported patients during the pandemic. In addition, factors such as rising cases of chronic diseases, and an increase in pollution levels are also contributing to heightened demand for suction catheters. In March 2020, U.S. Food and Drug Administration (FDA), granted emergency approval for Vesper, a device developed by Prisma Health that supports patients on ventilators.

In addition, during the pandemic, several governments across the globe and healthcare companies were improving medical treatment to treat patients suffering from Covid-19 patients. This in turn increased the use of catheters in emergency clinics and hospitals during the pandemic thereby positively impacting the demand for suction catheters. The rise in investments by the government and players to improve the healthcare industry is also boosting the demand for suction catheters. For instance, as per UK Government, close to 10,000 ventilators were added to the stock. Additionally, Rolls Royce, Ford, and Honda in the UK started manufacturing ventilators to cope with the increasing demand due to the COVID-19 outbreak.

[kenresearch6-blog]

Discover a Wealth of Healthcare Insights with Ken Research. Our comprehensive healthcare reports cover a diverse spectrum of topics, providing in-depth analysis and valuable data to empower your industry decisions. From market trends to regulatory updates, we offer a wide range of research resources to support your healthcare strategies. Dive into our extensive library of reports on pharmaceuticals, medical devices, healthcare services, and more. With Ken Research, you'll find the information you need to stay informed, make informed decisions, and navigate the ever-evolving landscape of the healthcare sector. Explore our healthcare reports now!

[itscomhes]

What is Digital Engineering and why is it important in Healthcare Industry?

The healthcare industry is witnessing a significant transformation due to the adoption of digital engineering services. Digital engineering refers to the use of computer-based technologies to design, simulate, and optimise products and systems. In healthcare, digital engineering enables the creation of new medical devices, the improvement of existing ones, and the development of innovative healthcare delivery systems. Digital engineering companies are playing a pivotal role in bringing these technologies to the healthcare industry.

Digital engineering services include a range of capabilities such as product design, simulation, modelling, testing, and validation. These services allow engineers to develop and test medical devices and systems in a virtual environment before physical prototypes are created. This saves time and money while enabling engineers to identify and correct design flaws early in the development process.

In healthcare, this means that medical devices can be designed and tested to ensure their safety and efficacy, and healthcare delivery systems can be modelled and optimised to improve patient outcomes.One of the key benefits of digital engineering in healthcare is its ability to improve patient outcomes. Medical devices designed using digital engineering services are more likely to be effective and safe, reducing the risk of adverse events and improving patient outcomes.

In addition, digital engineering can be used to develop innovative healthcare delivery systems that improve access to care and reduce costs. For example, telemedicine and remote patient monitoring systems enable patients to receive care from their homes, reducing the need for hospital visits and improving patient outcomes.

Another benefit of digital engineering is its ability to accelerate innovation in healthcare. Traditional product development processes can be slow and expensive, and may not result in products that meet the needs of patients and healthcare providers. Digital engineering services enable engineers to rapidly prototype and test new products, accelerating the development process and enabling the creation of innovative medical devices and healthcare delivery systems.

Digital engineering companies are playing a critical role in bringing these technologies to the healthcare industry. These companies employ engineers, designers, and other experts who specialise in using digital engineering tools to create medical devices and healthcare delivery systems. They work with healthcare providers, medical device manufacturers, and other stakeholders to develop products and systems that meet the needs of patients and healthcare providers.

As the healthcare industry continues to evolve, digital engineering will play an increasingly important role in shaping its future. The benefits of digital engineering services are vast, including the acceleration of innovation, improved patient outcomes, and reduced costs. By offering a range of capabilities such as product design, simulation, modeling, testing, and validation, digital engineering companies enable the development of innovative medical devices and healthcare delivery systems that meet the needs of patients and healthcare providers.

The integration of these technologies into healthcare will improve patient outcomes, increase access to care, and help healthcare providers to deliver high-quality, cost-effective services to their patients. Therefore, the healthcare industry must embrace digital engineering and its benefits fully, and companies that provide these services have a critical role to play in shaping the future of healthcare.

Source: https://comhes.com/

[analystavengers]

Cardiology Software Market report includes all data sets and factors such as Growth plan, Production, Market, Purchase, Profit, Investment, Technologies.

[jagabrialwatlean111]

9th Nov 2022 AI in Healthcare Market Trends 2022 | Size, Value Share, Key Player Review, Business Prospect and Forecast to 2027

[databridgemarket456]

Growing Popularity of Exclusive Report of Europe Prefilled Syringes Market.

[sizzlingsandwichperfection-blog]

Last week, Johnson & Johnson agreed not to enforce their secondary patents on bedaquiline in most countries after a long public pressure campaign by TB activists around the world.

(A special shoutout to Nandita Venkatesan and Phumeza Tisilethe, the two women who led the charge to prevent the patent evergreening in India, which is the only reason generic bedaquiline is in production.)

But the problem of patent evergreening is everywhere--as this NYT story reports, Gilead intentionally denied people access to a drug they knew to be less toxic than alternatives because it wanted to extend its monopoly on HIV drugs for as long as possible.

Similarly, Johnson & Johnson has been intentionally denying people access to affordable bedaquiline, even though they knew they could make a profit even if they decreased the price by 65%.

What's especially galling is that both these companies benefit tremendously from public investment (bedaquiline research was funded primarily by the public), and so we end up paying for it twice--once to develop it, and once to have it available to the sick.

This is infuriating, and it is resulting in the real impoverishment and death of so many people. How does it end? With better governance and regulation. In this respect, India can be a model for us--their courts have done a much better job than U.S. ones of determining what really deserves to be patented and for how long. I'm hopeful that we can learn from the, but disgusted by this ongoing horror.

[darkangel1791]

I have been upset in previous years with posts that complained about "rainbow capitalism". I understand that people felt used by companies that had homophobic policies and/or donated to anti-gay organizations, but still had a marketing campaign in June designed to celebrate Pride.

But as I say on my tumblr homepage, I am old. I remember when a corporation would never commit financial suicide by putting a rainbow on their product. Gay people were not mainstream. They were hated, feared, and objects of disgust.

Corporations are always going to screw people over. That is what they do. "Rainbow capitalism" at least showed that the LGBTQIA community was accepted enough that corporations knew that they were unlikely to lose more customers than they won by participating. It was worth the risk, because the risk was small.

This year, there is a significant drop in "rainbow capitalism". I guess that will make some people very happy. But it is not good. It is a very bad sign.

It means that now corporations are more worried about who might boycott them, than who they can sell to with that marketing strategy. We are falling out of the mainstream. We are losing acceptance. I think we all know why.

Try to be louder, show yourselves, attend Pride, fly your flags, buy any "rainbow capitalism" products that are still available if you financially can. But do keep yourself safe.

And most of all, vote as if your life depends upon it.

If we ever get our acceptance and buying power back again, please understand the importance of "rainbow capitalism", and what it really means.

❤️🧡💛💚🩵💙💜🤎🖤

[morganaconda]

[market-insider]

Cuffless Blood Pressure Monitor Trends: Empowering Health Monitoring

The global cuffless blood pressure monitor market size is expected to reach USD 1,312.5 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to advance at a CAGR of 10.9% from 2023 to 2030. The increasing prevalence of hypertension is expected to drive the growth of the market for cuffless blood pressure monitors. They are a type of wearable device that can measure blood pressure without the need for a large inflatable cuff.

Gain deeper insights on the market and receive your free copy with TOC now @: Cuffless Blood Pressure Monitor Market Report

These devices are becoming increasingly popular among individuals with hypertension, as they offer a more convenient, economical, and non-invasive way to monitor blood pressure. According to the World Health Organization, over 1.28 million people aged 30-79 worldwide suffer from hypertension, with the majority residing in low and middle-income countries. The COVID-19 pandemic has led to a significant increase in the utilization of home blood pressure monitoring devices. As a result, the market experienced substantial growth during the pandemic period.

However, the demand for these devices is expected to remain strong even in the post-pandemic period, thus contributing to the market growth. A key factor for the high demand for home blood pressure monitoring devices is the prevalence of chronic diseases such as hypertension. Additionally, the rising geriatric population and the growing risk of lifestyle-associated disorders, such as obesity, among a wide population have further driven the demand for these devices. There is a high demand for cuffless blood pressure monitoring devices particularly, due to their convenience and ease of use.

The market is anticipated to expand due to the increasing rate of government approval for products, and new launches by key market players. For instance, in July 2022, LiveMetric received FDA approval for its cuffless blood pressure sensor. The device is designed as a smartwatch and can monitor blood pressure changes 24/7 by tracking the wrist's radial artery without calibration; the device has also received the CE mark in Europe.

[withywindle-valley]

I think y'all wildly overestimating where your target market is hanging out

Reblog for sample size yadda yadda

[kenresearch6-blog]

UAE Patient Care Monitoring Market projected to reach $50 BN by 2028: Ken Research

UAE is taking big leaps when it comes to investing in healthcare infrastructure & a growing aging population, patient care monitoring market is expected to record substantial growth.

UAE Patient Care Monitoring has seen an unrecognizable growth rate of 7.4 percent, surpassing other countries in the Gulf Cooperation Council (GCC), the nation's visionary approach is paving way towards becoming a leader in patient care monitoring. With a commitment reflected in substantial investment of over 20 billion dollars, it has emerged as a beacon of progress in healthcare infrastructure.

Story Outline

The UAE’s commitment to healthcare infrastructure shines through its substantial $5 billion investment in 2022. With a projected growth rate of 7.4 per cent, surpassing its Gulf Cooperation Council (GCC) counterparts, the country is poised to pioneer patient care in the region.

The UAE’s healthcare transformation is exemplified by the development of a groundbreaking Smart Hospital by the Royal Health Group. Integrating technologies like AI & IoT, this state-of-the-art facility uses AI, machine learning & predictive analysis to enhance patient outcomes.

67 percent of elderly people in UAE have chronic illnesses, so the rise in demand of patient care monitoring system is evident. These systems provide comprehensive health monitoring for the elderly while supporting their well-being and ensuring there is timely interventions for them.

According to Ken Research, the UAE Patient Care Monitoring Equipment Market is expected to reach $50 billion in 2028, owing to the improving healthcare infrastructure & government’s support towards developing various kinds of digital technologies which makes healthcare & patient monitoring accessible to every citizen.

1. UAE’s $21.5 Billion Healthcare Leap: Pioneering Patient Care in the Gulf

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The United Arab Emirates (UAE) has been constantly investing in its healthcare infrastructure. In 2022, the country had invested $21.5 billion & the UAE healthcare sector is expected to witness the highest growth rate of 7.4 per cent compared to other countries within the Gulf Cooperation Council (GCC).

As the healthcare system continues to expand, there will be greater demand for advanced patient care systems to ensure efficient & effective patient care. That is where patient monitoring systems will increase in demand.

2. Revolutionizing Patient Care with UAE’s Smart Hospital Pioneers AI & IoT Integration

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Advances in medical technology & integration of technologies such as Artificial Intelligence (AI), Internet of Things (IoT) etc. which will lead to development of more sophisticated patient care monitoring system. In UAE, the Royal Health Group has been developing a first-of-its-kind, state-of-the-art Smart Hospital which leverages technologies like AI, machine learning & predictive analysis to improve patient outcomes, increase efficiency & improve costs.

These technologies aim to enhance patient safety & healthcare professional’s ability to make timely decisions.

According to Ken Research, the UAE Patient Care Monitoring System Market is expected to reach $50 billion in 2028, owing to the improving healthcare infrastructure & government’s support towards developing various kinds of digital technologies which makes healthcare & patient monitoring accessible to every citizen.

3. UAE’s Silver Surge: Meeting Elderly Healthcare Needs with Advanced Monitoring

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UAE is experiencing demographic changes including an aging population. In 2022, the population aged 65 & above was at 1.829 per cent and 67 percent elderly users in the UAE have chronic diseases like High Blood Pressure, Diabetes or Arthritis. Elderly individuals require a systematic & comprehensive monitoring of their health conditions, which can drive the demand for patient care monitoring systems.

4. UAE's Health Innovative AI-Powered Platform Battles Global Threats

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The UAE government has been displaying a keen interest in adopting digital healthcare solutions. The Ministry of Health & Prevention has launched Digital Health Monitoring Center, an innovative, digital AI-powered platform, with an aim to curb the spread of communicable diseases, based on the data of international organizations like World Health Organization (WHO) and Centers for Disease Control & Prevention. It is one of the most important innovative projects based on latest technology and data centralization to tackle potential global health threats in the future.

5. Empowering Care at a Distance: UAE Embraces Remote Patient Monitoring Revolution

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Remote monitoring plays a role in reducing hospital visits, provide personalized care & allow healthcare professionals to monitor patients from a distance. Mubadala Health, a UAE based integrated healthcare network, plans to integrate remote patient monitoring devices like BioIntelliSense Inc., for long term use.

COVID-19 pandemic has highlighted the importance of remote patient monitoring & this trend is likely to continue driving the demand for patient care monitoring system.

Conclusion

With investments of $21.5 billion driving pioneering initiatives, cutting-edge Smart Hospitals which nurture AI and IoT integration to customise patient care, innovative AI-powered platforms which are set to drive global health defense, the UAE is redefining healthcare in ways better than its peers in Gulf Cooperation Council (GCC) countries. Embracing the challenges of an aging population and lessons learnt from pandemic, the nation's commitment to advanced patient care systems and remote monitoring solidifies its role as a trailblazer in shaping the future of healthcare.

[itscomhes]

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