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#Hydronephrosis Treatment Market Share
pharmaceuticals88 · 2 years
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Hydronephrosis Treatment Market Revenue Status and Outlook 2022 to 2029
The Hydronephrosis Treatment Market Market Size At USD  by 2029, exhibiting a CAGR of 6.2% during 2022-2029
Hydronephrosis Treatment Market Overview
The Hydronephrosis Treatment Market report is a comprehensive overview of the market, including a review of its major segments. Alliances are developed after thorough primary and secondary studies. By speaking with industry experts and collecting their data, in-depth market data is produced. The report provides a thorough account of many market factors, including trends, segmentation, growth prospects, chances, difficulties, and competitive analyses.
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List of Key Players Of Hydronephrosis Treatment Market Report:
NephroGenex, PHRAXIS, Allergan, Amgen, Anthem Group, Sanofi, Novartis,
Key Segments Covered in Hydronephrosis Treatment Market
By Type, it is segmented into
Surgical Treatment
Drug Treatment
By Application, it is segmented into
Hospital
Clinic
Ambulatory Surgery Centre
Competitive Landscape
Hydronephrosis Treatment Market are showing an increasing amount of interest in creating unique products. In addition, several companies are collaborating, merging, and acquiring one another. In the upcoming years, all of these initiatives are anticipated to drive the global Hydronephrosis Treatment Market to new heights.
The Hydronephrosis Treatment Market Regional Analysis Covers
– North America: United States, Canada, and Mexico. – South & Central America: Argentina, Chile, and Brazil. – Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa. – Europe: UK, France, Italy, Germany, Spain, and Russia. – Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
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healthcare-market · 3 years
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Renal Colic Treatment Market Growth to be Benefited by Technological Advancements
Global Renal Colic Treatment Market: Introduction
Renal colic is a symptom of urinary stones. Renal colic is pain that occurs due to a stone in the urinary tract. The stone stretches the surrounding area of the tissue while trying to pass through, which can be painful. A stone can cause obstruction and hydronephrosis of the ureter, decreasing the rate of ureteral peristalsis, and causing urine to back up into the kidney. As the stone migrates distally and approaches the bladder, the patient may experience dysuria, urinary frequency, urgency, or difficulty in urination. Diagnosis is made through a combination of history and physical exam, laboratory, and imaging studies. Basic metabolic panel (BMP) should be obtained to assess for renal function, dehydration, acid-base status, and electrolyte balance. Symptoms of renal colic include pain in the back, side or groin, blood in the urine, abnormally colored urine, fever, chills, and nausea with or without vomiting. The management of renal stones is by a professional team that consists of a nephrologist, emergency department physician, radiologist, urologist, and a primary care provider.
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Key Drivers of Global Renal Colic Treatment Market
Growing Incidence of Urolithiasis
The incidence and prevalence of urinary stones is rising around the world. Developing countries have been slower to adopt URS technology and continue to use percutaneous nephrolithotomy at a steady rate. Recent decades have seen an increase in the incidence and prevalence of pediatric urolithiasis. According to Asian Journal of Urology, in Asia, about 1%–19.1% of the population suffer from urolithiasis. The prevalence of urolithiasis is 5%–19.1% in West Asia, Southeast Asia, South Asia, as well as some developed countries (South Korea and Japan), whereas, it is only 1%–8% in most part of East Asia and North Asia. The worldwide prevalence, incidence, and composition of calculi have changed in the last several decades, with prevalence ranging from 7% to 13% in North America, 5%–9% in Europe, and 1%–5% in Asia.
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Rise in Minimally-invasive Diagnosis
Development and deployment of modalities lead to invention of many minimally invasive therapeutic procedures. The future of imaging information for guidance of minimally invasive interventional procedures is in multimodality fusion. For instance, the power of image monitoring is in the application of energy for minimally invasive ablation of renal colic treatment. A number of other transformative innovations in multi-modality image guidance are significantly advancing the practice and benefit of minimally invasive therapies. This factor is expected to drive the renal colic treatment market in the near future.
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North America to Account for Major Share of the Global Renal Colic Treatment Market
· North America is projected to account for major share of the global renal colic treatment market during the forecast period. The market in the region is anticipated to grow at a rapid pace in the next few years due to increase in research & development and various government initiatives for the development of novel ideas. Europe is expected to be the second largest market for renal colic treatment during the forecast period.
· The renal colic treatment market in Asia Pacific is likely to expand at a high CAGR during the forecast period. This can be attributed to rise in investment in research & development by private & government organizations and increase in health care management.
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Key Players Operating in Global Renal Colic Treatment Market
The global renal colic treatment market is highly consolidated owing to the presence of a number of key players.
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Genitourinary Therapeutics Market: Emerging Trends Urinary incontinence, Forecast up to 2030
The genitourinary therapeutics Market is estimated to represent a global market of USD 30.2 billion by 2025 with growth rate of 1.2%. The market covers the analysis of the commercial or pipeline therapeutics that can be used for genital and urinary organ treatment. Conditions such as Glomerulonephritis, Hemolytic uremic syndrome, Polycystic kidney disease and Hydronephrosis may damage kidney. Thus, it is advisable to treat these conditions at right time. Growing demand for genitourinary therapeutics in developed as well as developing regions drives the market growth. Emerging and leading genitourinary therapeutics are studies under the scope of this research study. Furthermore, undergoing clinical trials and patents are studies during the market estimation.Constant increase in number of pipeline therapeutics in this market segment boost the market growth to large level.
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For example, in September 2016, Bristol-Myers Squibb collaborated with Nektar Therapeutics to assess the efficacy of NKTR-214 and Opdivo (nivolumab) in bladder cancer. Additionally, during the same time period, the company announced the validation of the Type II variation application for Opdivo (nivolumab) in the treatment of advanced bladder cancer by the European Medicines Agency. The global market is categorized in terms of different indications like prostate cancer, benign prostatic hyperplasia, ovarian cancer, cervical cancer, renal cancer, erectile dysfunction, Urinary incontinence & overactive bladder, sexually transmitted diseases and others. In terms of revenue estimation, prostate and renal cancer was the market leading player as of 2016. Among which, renal cancer captured almost 26.11% share of the global revenue in 2016 whereas prostate cancer accounted for more than 20% share. Rising disease incidence in these segments coupled with continuous increase in therapeutic demand among patients drives the market growth in forecast period. Based on products, the market studied in terms of anti-infective, urological, hormonal therapy drugs, and others. Hormonal therapy and urological segment is widely accepted products among the end user due to its high efficiency and cost effectiveness. Thereby, these segment captured largest revenue share, more than USD 12.0 billion of the global market. Regionally, North American countries dominated the global market with the share of over 40% throughout the study period. Research and development initiatives by domiciled key players coupled with rising prevalence of genital and urinary diseases augment the overall revenue growth. Hormonal therapy drugs such as Casodex(Bicalutamide), Lupron(Leuprolide), Zoladex(Goserelin), Zytiga(Abiraterone), Xtandi(Enzalutamide), Eligard(Leuprolide) and Gonax(degaralix) widely used in these regions which helps the market to grow steadily. On contrary, Asia Pacific region recorded highest CAGR of 6.2% during the forecast period. Increasing awareness level coupled with improving healthcare infrastructure supported the growth in Asia and Pacific countries like India, China and Japan. Also, increasing gynaecological diseases in developing regions will further boost the demand for drugs such as Doxil(Doxorubicin), Avycaz, Estrace and Estring, further support the market growth. The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2015 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2025 for every reported segment. The years considered for the study are: Historical Year – 2014 & 2015 Base Year – 2015 Estimated Year – 2016 Projected Year – 2025 TARGET AUDIENCE Hospitals Manufacturers Traders, Distributors, And Suppliers Government and Regional Agencies and Research Organizations Consultants Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows: MARKET, BY INDICATION Prostate cancer Benign prostatic hyperplasia Ovarian cancer Cervical cancer Renal cancer Erectile dysfunction Urinary incontinence & overactive bladder Sexually transmitted diseases Others MARKET, BY PRODUCTS Anti-infective Urological Hormonal therapy drugs Others MARKET, BY REGION North America Europe Asia Pacific Rest of the World MARKET,BY COUNTRY Further Breakdown of The North America Market U.S. Canada Further Breakdown of The Europe Market Germany France Rest of Europe Further Breakdown of The APAC Market India China Rest of APAC Further Breakdown of The Rest of the World Market Middle East and Africa Latin America
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
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scudo07 · 3 years
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Global Nephrostomy Devices Market is Booming Across Globe by 2026
Market Analysis and Insights:-  Global Nephrostomy Devices Market
Global Nephrostomy Devices Market By Product (Guidewires, Drainage Tubes, Nephrostomy Catheters, Sheath Dilators, Others), End- User (Hospitals, Emergency Clinics, Ambulatory Surgical Centers), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Analysis: Global Nephrostomy Devices Market
Global nephrostomy devices market is set to witness a substantial CAGR of 7.95% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising cases of ovarian cancer and increasing kidney stones among population is the factor driving the market.
Market Definition: Global Nephrostomy Devices Market
Nephrostomy is the opening between the skin and the kid​​​​​​​ney. Nephrostomy devices or nephrostomy catheters are devices which are mainly used to divert urine from blocked site. They are widely useful when the antibiotics are not able to treat properly. Drainage tubes, sheath dilators, guidewires, nephrostomy catheters and other are some of the common nephrostomy devices. Increasing bladder cancer, prostate cancer and others is the factor fueling the growth of this market.
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 Market Drivers
Increasing cases of chronic disease     such as diabetes, hypertension, stage renal failure and others is driving     the market growth
Rising kidney stone problem among     population will also propel the market
Growing demand for minimally     invasive procedures is driving the growth of the market
Increasing number of hydronephrosis     will rise the demand for catheters which will also contribute as a factor     driving market
Market Restraints
Availability of substitute procedure     such as ureteral stenting in the market will hamper the growth
Lack of skilled and trained     urologist will also restrain the market growth
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Segmentation: Global Nephrostomy Devices Market ​​​​​​​
By Product
Guidewires
Drainage Tubes
Nephrostomy Catheters
Sheath Dilators
Others
By End- User
Hospitals
Emergency Clinics
Ambulatory Surgical Centers
By Geography
 U.S.
 Canada
 Mexico
 Germany
 Italy
 U.K.
 France
 Spain
 Netherlands
 Belgium
 Switzerland
 Turkey
 Russia
 Rest of Europe
 Japan
 China
 India
 South Korea
 Australia
 Singapore
 Malaysia
 Thailand
 Indonesia
 Philippines
 Brazil
 Rest of South America
 South Africa
 Rest of Middle East and Africa
Key Development in the Market:
In December 2016, BrightWater     Medical announced that they have received approval from FDA for their     ConvertX nephroureteral stent system which is specially designed for the     treatment of ureteral obstructions. It has the ability to replace     different devices and procedures which can treat obstructions of the     ureter. The main aim of the launch is to reduce the healthcare expenditure     and provide better treatment to the patient.
Competitive Analysis:
Global nephrostomy devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of nephrostomy devices market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global nephrostomy devices market are Boston Scientific Corporation, Teleflex Incorporated, BD, Cook, Envaste Limited, Medi-Globe GmbH, ARGON MEDICAL., Copenhagen MedLab, UreSil, LLC, meditechdevices.com, SURGIMEDIK, Medi-Globe GmbH, SURU International Pvt. Ltd, Straub Medical AG, Olympus Corporation, Electramed Ltd., be medical, Coloplast, B. Braun Melsungen AG and others.
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Research Methodology: Global Nephrostomy Devices Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
Current and future of global     nephrostomy devices market outlook in the developed and emerging markets
The segment that is expected to     dominate the market as well as the segment which holds highest CAGR in the     forecast period
Regions/Countries that are expected     to witness the fastest growth rates during the forecast period
The latest developments, market     shares, and strategies that are employed by the major market players
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Customization of the Report:
All segmentation provided above in     this report is represented at country level
All products covered in the market,     product volume and average selling prices will be included as customizable     options which may incur no or minimal additional cost (depends on     customization)
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Nephrostomy Devices Market contributing demand | BD, Coloplast Group, Olympus Corporation, Cook, and Boston Scientific Corporation.
Global Nephrostomy Devices Market: Overview
The global nephrostomy devices market has witnessed a steady growth over the years, owing to the convenience it provides to the patients suffering from hydronephrosis. Nephrostomy devices are an effective option for the drainage of a blocked urine collecting system. These devices are also extensively used in hydronephrosis condition, which is characterized by blockage of the ureters. Nephrostomy devices are often called as nephrostomy catheters, which is usually inserted to temporarily divert urine from the obstructed site. Moreover, nephrostomy is highly effective in cases where antibiotics do not work efficiently, due to its inability in reaching kidney because of the blockage. All such advantages are majorly driving the global nephrostomy devices market.
In terms of products, the global nephrostomy devices market is segmented into drainage bags, guidewires, nephrostomy catheters, and balloon dilators. Among them, guidewires segment accounts for the highest share in the global nephrostomy devices market due to its amazing flexibility and other amazing properties such as excellent pushability and kink resistance. The research report by TMR Research (TMR) helps key stakeholders to identify several growth opportunities in the global nephrostomy devices market.
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Global Nephrostomy Devices Market: Notable Developments
A few recent developments help in contouring the shape of the global nephrostomy devices market in a positive way:
Market players are launching several new techniques such as balloon dilation catheter with advanced and multilayer technology, which is gaining traction in the global nephrostomy devices market.
Teleflex makes their nephrostomy devices easy, safe, and comfortable. Their nephrostomy devices are also available as puncture sets which is perfectly matched for several techniques. They provides nephrostomy devices through packing sets individually such as guide wires, cannulas, and renax tubes.
Key companies operating in the global nephrostomy devices market include BD, Coloplast Group, Olympus Corporation, Cook, and Boston Scientific Corporation.
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Global Nephrostomy Devices Market: Key Growth Drivers
Percutaneous nephrostomy or PCN is mainly an image-guided minimally invasive surgical procedure, which is performed to treat the upper urinary tract blockage. In such procedures, nephrostomy devices are highly required to bring efficiency and accuracy. Along with this, rising popularity of PCN procedures among hydronephrosis patients are the major factor fueling demand in the global nephrostomy devices market. However, PCN procedures also provide several benefits such as minimal blood loss, less treatment cost, and prevents urine leakages. Additionally, PCN procedure is also highly preferred over conventional open surgeries due to the advantages in faster recovery, smaller incisions, and minimization of hospital stay. All such USPs are also contributing demand in the global nephrostomy devices market.
Furthermore, growing incidence of kidney stone worldwide and rising prevalence of bladder cancer are also propelling expansion in the global nephrostomy devices market. Along with this, burgeoning male population suffering from prostate cancer and increasing cases of post-surgery infection among kidney transplant patients are also the major factors providing impetus to the growth of the global nephrostomy devices market. Nephrostomy devices are majorly used for restoring the kidney function through temporarily draining off the obstructed urine. Such factors are also boosting the global nephrostomy devices market.
Global Nephrostomy Devices Market: Regional Outlook
On the regional front, North America is expected to lead the global nephrostomy devices market as the region has seen rapid development in the healthcare sector. Additionally, high availability of skilled professionals and well-equipped healthcare infrastructure are also fueling growth in the nephrostomy devices market in this region.
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pragya1-blog · 6 years
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Urethral Stricture Market-Insights by Size, Status and Forecast 2018-2026
Urethral stricture denotes the narrowing of the urethra because of formation of scar tissue. These strictures obstruct the free flow of urine through the urethra. The urethra is classified into prostatic and anterior urethra. Urethral strictures are classified into anterior urethral strictures and posterior urethral stricture. Anterior urethral strictures are more frequent, whereas posterior urethral strictures are linked with pelvic fractures.
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Urethral strictures are caused due to infections such as gonococcalurethritis; radiation to the pelvic region in patients with prostate cancer; inflammation such as lichen sclerosus, which affects the penile skin; trauma due to injury to the urethra, which may lead to rupturing; use of cystoscope and urinary catheter for numerous procedures; and after surgical procedures such as radical prostatectomy and transurethral resection of the prostate. The symptoms of urethral strictures include difficulty in passage of urine with poor urinary systems, continued dripping of urine due to incomplete draining of the urinary bladder, high frequency of urination, and bloated bladder. Risk factors linked with urethral strictures are urinary tract infections, abscesses, thickening of the bladder wall, hydronephrosis, stone formation in the urinary bladder, and in extreme cases urethral strictures may lead to kidney failure. Diagnosis of urethral stricture is based on the patient’s medical history and confirmatory tests such as urine test, ascending urethrography, ultrasound, uroflow study, and urethroscopy or cystoscopy.
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The treatment for urethral strictures consist of direct visualization internal urethrotomy(DVIU), urethral dilatation, and urethroplasty surgery. The post-operative care for urethral strictures comprises removal of drain tubes after 24 to 48 hours. Multiple visits to the health care provider are planned at intervals of three months to six months and every year for a minimum of five years during. Uroflow study is carried out during the various follow ups.
The global urethral stricture market can be segmented based on type, diagnosis, treatment, and region. In terms of type, the global urethral stricture market can be divided into anterior and posterior. Based on diagnosis, the global urethral stricture market can be classified into ultrasound, urinalysis, Uri flow test, pelvic ultrasound, cystoscopy, and others. In terms of treatment, the global urethral stricture market can be categorized into therapeutics and surgery. The surgery segment can be further divided into direct visualization internal urethrotomy, urethral dilation, urethral reconstruction, and others.
The global urethral stricture market is anticipated to expand due to increase in cases of urinary tract infections, advancements in development of therapies for treating urethral strictures, public private partnership to increase awareness, and increasing penetration of major companies in the urethral strictures in market emerging economies. The major restraining factors for the global stricture market during the forecast period are lack of awareness regarding urinary tract infections and lack of treatment option in third world countries.
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In terms of region, the global urethral stricture market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The urethral stricture market in North America is expected to hold a major market share during the forecast period. The dominance of the region is largely due to presence of major research institutes, increasing patient population with prostate cancer, and rise in incidence of urinary tract infections. The urethral stricture market in Europe is anticipated to follow the market in North America, largely due to rise in awareness and increasing health care expenditure. The urethral stricture market in Asia Pacific is anticipated to provide lucrative opportunities during the forecast period. The rapid expansion of the market in the region is attributed to the improving health care infrastructure in economies such as India and increase in demand for efficient treatment for urethral strictures. The market in Latin America and Middle East & Africa is anticipated to expand under the influence of North America, Europe, and Asia Pacific region. A major hindrance for the urethral stricture market in Middle East & Africa and Latin America is lack of availability of treatment facilities.
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Major players in urethral stricture market are Stryker Corporation, Cook Medical Incorporated, Boston Scientific Corporation, Olympus Corporation, Richard Wolf Gmbh, Karl Storz GmbH & Co Healthtronics, Inc., KgLumenis Ltd., Jena Surgical GmbH, Starmedtec Gmbh, and other prominent players.
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ARTIFICIAL INTELLIGENCE: THE NEXT BIG THING IS ALREADY HERE
The future has often been nearer than anyone’s estimation. What seemed impossible only a few decades ago now runs the world from the palm of your hand. We have peeked inside the dark recesses of the universe, millions of light years away from us. We have achieved breakthroughs in medical care that are nothing short of miracles to the common eye. And we keep stretching the limitations of human achievement with every passing day. Artificial Intelligence or AI, the subject of choice for scores and scores of science fiction books is no longer a flight of fantasy but a shiny metallic feather in our cap.
AI has seeped into our day to day life in glorious ways, even when some of us are not aware of it. From automobile engineering to healthcare, from travel to the living room of our homes, AI is creating ripples of wonder wherever it goes. Let’s take a closer look at how AI is changing our lives for the better.
AI in Healthcare
Today, it is not unlikely for your surgery to be performed by a robot. Robotically-assisted surgery was developed to overcome the limitations of pre-existing surgical procedures. Doing so also helped enhance the capabilities of surgeons performing open surgery.
There have been numerous successful surgeries performed in India with the help of robots. In July this year, a 10-year old boy with recurrent hydronephrosis, a congenital problem, received a successful surgery at the Amrita Institute of Medical Sciences (AIMS) in Kochi. A laparoscopic procedure would have been performed under normal circumstances. In this case though, a robotic one was chosen as the risk of complications was higher. According to the doctors at AIMS, the clarity of 3D vision, the dexterity and mobility of the robot and its magnified vision helped the doctors cure the child. They also added that the block could be completely removed.
Google has also taken a keen interest in using AI for healthcare. Deepmind Health, a London-based AI firm owned by Google, is working on a system that makes the journey from test to treatment for patients, quicker and more accurate. As per tech analyst Mary Meeker’s report, a whopping 60% of US consumers claimed to want to share their medical data with Google.
AI in Manufacturing
Manufacturing has benefited much from the rapid advancement of Artificial Intelligence and robotics. And why shouldn’t it. Robots are faster, cleaner and significantly more efficient. Forward looking companies like Tesla are already at top of the game with AI. In fact, Tesla’s sprawling 500,000 sq.m factory in Fremont, California is testimony to their future-first approach. It is probably the most advanced factory every built, and is likely to revolutionize the world of automobile manufacturing.
General Electric (GE) is also not far behind in this automation race. The company is collaborating with OTTO Motors for a faster more reliable way to manufacture and repair medical equipment. Bill Ruh, the CEO of GE Digital and the company’s Chief Digital Officer, has publicly spoken about GE’s approach toward being a ‘future ready’ enterprise through artificial intelligence and machine learning. The digital twin concept, which is a data-based representation of a physical machine with consistent data flow helps diagnose faults in the machinesthrough sensors linked with machine attributes. This is touted to be the next big solution to optimise machine productivity, given how this could be replicated across plants.
AI in Travel & Hospitality
While AI is creating ripples in the manufacturing industry, can it be used to transform the end-customer experience? The answer is a resounding yes. Feeding on the vast amount of travel data available to us, AI can predict consumer behaviour and make relevant recommendations. Expedia is planning to use AI to enhance customer service. Getting better results in a faster way is going to simplify business travel.
Cognitive systems can communicate in most languages and can break down different forms of data, thereby making such interactions cyclic in terms of learning. The geo-localised content adds to this. The tourism industry, in all likelihood, will base its upcoming growth strategies on this concept. Popular among this, is the idea of ‘smart destination’. Centredon Big Data,this hyper-customisation of experiences that will also generate customer loyalty will soon make the industry a lot more efficient. The industry’s different areas, be it management or marketing, will all be structured around creating experiences or each individual user.
But AI does not always work in the background to make our lives easier. If you are in the mood for some sushi, visit a kaiten-zushi restaurant and you will be in for a big surprise. These restaurants are completely automated and work seamlessly, without human intervention, to give you a complete restaurant experience.
Can India benefit from the AI revolution?
India today is a global economic power. PM Modi’s ‘Make In India’ initiative is a big step towards making India a manufacturing powerhouse. However, when it comes to AI and robotics, India is taking baby steps when it actually needs to take a leap. China is already ahead in the game and if we are to stay in the race, we desperately need the policymakers of the nation to step up. With the right policies, funding models and infrastructural support in place, there is no saying how far we can reach.
Artificial Intelligence is not a passing fad but the foundation of a new future of this world. It comes with its own set of challenges. But with a focused, steadfast approach, these challenges can be overcome easily. And we can continue to live the future today.
Author : The author of the post is Dibya Prakash. Dibya Prakash is a technology consultant, strategist and mentor. He consults and mentors different enterprise teams on high-end & emerging technologies. More about him on Twitter.
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