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Deaths Are Up Post-Covid, and So Are Funeral Stocks: Prognosis - Published Aug 19, 2024
The Business of Death Aussies, Americans, and Brits — and no doubt people in many other nations — are dying faster than before the pandemic.
Even though Covid waves are becoming less deadly, thanks mostly to increased immune protection from vaccinations and prior infections, the coronavirus remains a significant killer. And stubbornly high all-cause mortality rates indicate that its direct and indirect effects are helping drive a sustained increase in death and disease around the globe.
It’s depressing news, I know.
With death comes bereavement, and there’s been a lot of that since SARS-CoV-2 began spreading widely in late 2019. The number of officially reported Covid fatalities (7.1 million worldwide) doesn’t fully explain the trend in excess deaths. (Neither do Covid vaccines, since body bags were piling up months before the shots were released, and multiple studies show the immunizations protect against severe illness and death).
There’s no silver lining to the tragic loss of life. But if one group sees an upside, it’s those providing funerals, cremations, and burials. Publicly traded companies handling funerals and related services have handed investors an average 79% return since Jan. 1, 2020 — outpacing the 60% gain in the MSCI All Country World Index, one of the broadest measures of the global equity market.
The US highlights the morbid picture. In the two decades before the pandemic, the number of deaths had been climbing at an average clip of almost 1% a year — reflecting population growth and aging, and the devastating opioid epidemic — for a crude rate in 2019 of 869.7 deaths for every 100,000 Americans.
Covid catapulted the rate well beyond 1,000 in 2020 and 2021 before the rate dropped back to just over 984 in 2022. Last year, there were 927.4 deaths per 100,000 people in the US — almost 12% above the 20-year average — for nearly 3.1 million deaths all up.
The coronavirus directly and indirectly contributed to many of them. For instance, a jump in drug overdoses and alcohol use–related diseases during the pandemic likely added to fatalities from unintentional injuries and chronic liver disease in 2023, according to a study this month. Covid also led to more cardiometabolic disease, and age-adjusted mortality rates for diabetes, heart disease, and stroke were above pre-pandemic levels.
Last month, researchers reported similar findings in Australia, where emergency departments have taken longer to hospitalize patients arriving in ambulances — a sign of health-system stress associated with a greater risk of patients dying up to 30 days after their initial medical encounter.
Mortality rates in England have also stayed persistently high since Covid hit, likely reflecting the direct effects of the illness, pressures on the National Health Service, and disruptions to chronic disease detection and management, researchers said in a study in January.
“The greatest numbers of excess deaths in the acute phase of the pandemic were in older adults,” Jonny Pearson-Stuttard and colleagues wrote. “The pattern now is one of persisting excess deaths, which are most prominent in relative terms in middle-aged and younger adults.”
Almost five years into the pandemic, dodging SARS-CoV-2 still remains one of the best ways to avoid adding to the toll — and the frequency of funerals. —Jason Gale
#covid#mask up#pandemic#covid 19#wear a mask#coronavirus#sars cov 2#still coviding#public health#wear a respirator
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The globalpoc immunoassay testing market is projected to reach USD 42.6 billion in 2023, registering at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period 2024-2030. The growth of the marketis majorly driven by the increasing number of regulatory approvals for novel immunoassay techniques
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⚠️ Oatzempic Drink: Experts Reveal What You NEED to Know Before Trying This Weight Loss Trend
Social media is abuzz with talks about another weight loss fad that takes the form of a beverage called "Oatzempic." The name is a pun on Ozempic, a drug used for diabetes that has gained popularity for weight loss despite not needing a prescription. Oats are among the drink's ingredients.
The oat-water-lime juice beverage, according to some TikTok users, may help in weight loss of up to 40 pounds in as little as two months. However, experts advise caution when following any trend that claims to shed pounds quickly.
Healthline's nutrition editor and licensed dietitian, Lisa Valente, refers to the trend as "clever marketing for something that has no merit behind it."
Prescription medications and blended oat drinks are not the same thing. Additionally, it doesn't seem to be a scientifically or nutritionally sound fad, but rather one that encourages disordered eating, she told CBS News.
"Maggie Evans, a qualified dietitian and care specialist with virtual cardiometabolic care platform 9amHealth, considers the trend an "extreme measure."
"As we've seen before, whether it's Master Cleanse, water fasts or other extreme diets, these (trends) may result in short-term weight loss results, but aren't the healthiest or most sustainable way to achieve that weight loss," according to her.
Although TikTok has not banned the term and hashtag (as it seems to have done for some other body image-related phenomena, including "legging legs"), a banner stating "you are more than your weight" with links to resources shows when you search for "oatzempic" on the platform.
Problems with rapid weight loss
"Fast weight loss can be possible when you restrict calories significantly, and this drink is quite low in calories, so if you are using it as a meal replacement, it may lead to fast weight loss," Valente says. "However, I wouldn't recommend it because it is not a safe way to lose weight."
According to the Centers for Disease Control and Prevention, those who lose weight gradually and steadily have a higher chance of maintaining their weight loss than those who lose it quickly." An individual who quits Oatzempic the diet is likely to gain back the weight they lost and could become caught in a cycle of dieting," states Dr. Avantika Waring, an endocrinologist and chief medical officer of 9amHealth . "We know that medically, losing and regaining weight repeatedly can actually make sustaining a healthy weight harder."
According to Waring, quick weight loss might also lead to:
Reduction in lean muscle mass Thinning of hair An effect on the body's capacity to control its temperature Intolerance "Underfueling the body can also lead to constipation, dehydration, dizziness and menstrual irregularities," according to her.
Still, aren't oats nutritious?
Indeed, experts claim that oats are a heart-healthy whole grain that may be included in a balanced diet. Their high fiber content can also help us feel satiated for longer. They're hardly a "magic solution" for losing weight, though.
"We don't have any proof to suggest it is effective for weight loss, and it's likely that having a blended oat drink for breakfast would be as healthy as eating a bowl of oatmeal without added sugars or topped with just fresh fruit — which might also taste better!" says Waring.
Furthermore, specialists point out that important elements like protein, good fats, vitamins, and minerals are absent from the Oatzempic drink.
"There are other safer, healthier ways to lose weight that necessitate small changes to your diet and not removing entire foods or food groups," says Valente.
Social media "hacks" for weight loss
On social media, inaccurate or misleading information is frequently shared. In the past year, experts have noticed a rise in false information about weight loss, particularly in relation to interest in medications like Ozempic.
"Everything from 'nature's Ozempic' — aka berberine, an ineffective and possibly harmful supplement — to overblown, fear-inducing side effects like 'Ozempic face' and 'Ozempic butt,'" CBS News previously heard from Dr. James Wantuck, co-founder and chief medical officer of PlushCare.
Valente continues, "Nutrition is also a complex topic that is hard to explain in a 10-second web clip."
"If you have concerns about what you eat, I always recommend consulting with a health care professional rather than reading on social media," she states.
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GLP-1 weight loss miracle drug semaglutide: new functions help improve the health status of AIDS patients
Recently, good news about the GLP-1 weight loss drug semaglutide (trade name: Wegovy) has come one after another. It is said that on March 7, 2023, Novo Nordisk revealed at its "Capital Markets Day" event that Wegovy is expected to be approved for listing in China this year. Subsequently, the US FDA announced on March 8 that it had approved Wegovy's new indication - to reduce the risk of cardiovascular death, heart attack and stroke in adults with cardiovascular disease and obesity or overweight.
Two studies reported last week at the Retrovirus and Opportunistic Infections Conference in Denver, Colorado, showed that the weight-loss drug semaglutide may help improve the health of HIV patients by reducing the number of infections associated with antibiotics. Retroviral treatment was associated with weight and fat accumulation and also reduced their chronic inflammatory response.
Among people living with HIV, the number of people who are overweight or obese is increasing, sparking interest in drugs like semaglutide among affected patients and doctors. However, so far, few studies have looked at the impact of these best-selling weight-loss drugs on HIV-infected people.
Semaglutide is a type of GLP-1 receptor agonist developed by Novo Nordisk. It controls appetite by simulating glucagon-like peptide 1, thereby achieving blood sugar lowering and weight loss. The drug is called Wegovy when used to treat obesity and Ozempic when used to treat diabetes.
Although the incidence of obesity in people with HIV is similar to trends in the general population, certain antiretroviral therapies used to suppress the HIV virus may contribute to weight gain and related morbidity in these patients. In addition, antiretroviral therapy is associated with abnormal fat accumulation, a metabolic-related fatty liver disease that affects approximately 30% to 40% of HIV-infected individuals. As the disease progresses, it can lead to liver failure and cardiovascular disease.
People with HIV are susceptible to more severe fatty liver disease, and there are currently no approved drugs to treat this condition.
Recent research data shows that among 222 HIV-infected patients treated with semaglutide, these patients lost an average of 6.5 kilograms in approximately one year, equivalent to 5.7% of their initial body weight.
At the Conference on Retroviruses and Opportunistic Infections, Jordan Lake of the University of Texas Health Science Center at Houston reported on the effectiveness of weekly injections of semaglutide for about six months in HIV patients with metabolic dysfunction-related fatty liver disease. The effectiveness of treatment in infected people. The study results showed that 29% of patients experienced complete remission of fatty liver disease. Jordan Lake noted that the study observed a significant reduction in patients' abnormal accumulation of liver fat, even over a short period of time.
The study also found that patients who received semaglutide experienced a decrease in muscle mass, with individuals aged 60 and older being most affected. Older HIV-infected individuals are more susceptible to semaglutide-related muscle loss and require close monitoring by their healthcare provider. It is worth noting that despite the success of GLP-1 weight loss drugs, more and more companies are beginning to focus on muscle-building therapies to combat the loss of muscle mass that may be caused by rapid weight loss.
In addition, there was a report at the Retrovirus and Opportunistic Infections Conference on the use of semaglutide in the treatment of lipohypertrophy in HIV patients. The disease is primarily characterized by abdominal fat accumulation, accompanied by increased inflammation and increased cardiometabolic risk. Current treatments for this disease are limited and ineffective.
In the report, Allison Eckard of the Medical University of South Carolina conducted a clinical trial in HIV-infected people with fatty liver disease. The results showed that semaglutide helped reduce abdominal fat accumulation in patients, and that patients who used semaglutide had nearly 40% lower levels of the inflammatory blood marker C-reactive protein than those who did not use it. This may have important positive consequences for people living with HIV, as even people living with HIV in good disease status may develop a chronic inflammatory state, and this increased inflammation may contribute to various end-organ diseases, including cardiovascular disease, and may Affects liver, kidneys, brain and cognitive function.
Comprehensive recent clinical studies show that semaglutide not only helps HIV-infected patients lose weight, but also reduces their fat accumulation and related chronic inflammation. This suggests that people living with HIV may be the latest group to benefit from GLP-1 weight-loss drugs. If the therapeutic efficacy of these early clinical studies is confirmed, GLP-1 weight loss drugs such as semaglutide may be key to controlling the metabolic problems often caused by HIV treatment.
Reference: https://www.nature.com/articles/d41586-024-00691-8
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Rapid Test Kits Market Top Regions, Growth and Forecast by 2030
The Insight Partners offers investors a comprehensive study of the Rapid Test Kits market from the perspective of entrepreneurs in their most recent research report, " Rapid Test Kits Market Share, Size and Trends Analysis | 2030" Examining current market conditions yields insightful information for businesses.
This report provides insights into market possibilities, obstacles, and incentives that companies shouldn't pass up. It would be a company recipe for success to choose a Rapid Test Kits market research since consumer-centric firms often provide higher returns on investment. Making a small batch of items won't be enough, given the intense competition in the Rapid Test Kits market. Businesses may estimate a product's potential and success with the use of market research.
The study is perhaps a perfect mixture of qualitative and quantitative information highlighting key market developments, challenges, and competition the industry faces alongside gap analysis and new opportunities available and trends within the market. The Rapid Test Kits market report offers market size, recent trends, growth, share, development status, government policy, market dynamics, cost structure, and competitive landscape. The research report also includes the present market and its growth potential in the given period of forecast.
At the heart of our success lies a commitment to rigorous and reliable methodologies. The firm employs a combination of quantitative and qualitative approaches, ensuring a holistic understanding of Rapid Test Kits market analysis dynamics. This includes:
Primary Research: In-depth interviews and surveys with key industry stakeholders provide firsthand insights into Rapid Test Kits market trends and challenges.
Data Analytics: Advanced data analytics tools and techniques are utilized to process large datasets, uncovering patterns and correlations that might otherwise go unnoticed in calculating the Rapid Test Kits market size.
Expert Analysis: A team of seasoned analysts with diverse industry expertise meticulously analyzes data to draw actionable conclusions and provide strategic recommendations about the Rapid Test Kits market forecast.
Key companies in the Rapid Test Kits market are- F. Hoffmann-La Roche Ltd, Becton Dickinson and Co , ARKRAY Inc , Sysmex Partec GmbH , Fujirebio Europe NV, bioMerieux SA Cepheid , Meril Life Sciences Pvt Ltd, QIAGEN NV, OraSure Technologies Inc , Guangzhou Wondfo Biotech Co Ltd, Denka Co Ltd, Abbott Laboratories, Trinity Biotech Plc, SD Biosensor Inc , Bio-Rad Laboratories Inc , Hologic Inc, DiaSorin SpA, Premier, Medical Corp Pvt Ltd, Beckman Coulter IncOn the Basis of Type this market is categorized further into-
Rapid Antigen Testing
Rapid Antibody Testing
and Others
On the Basis of Product this market is categorized further into-
Over-the-Counter Rapid Testing Kit and Professional Rapid Testing Kit
On the Basis of Technology this market is categorized further into-
Lateral Flow Assay
Solid Phase
Agglutination
Immunospot Assay
and Cellular Component-Based
On the Basis of Application this market is categorized further into-
Blood Glucose Testing
Infectious Disease Testing
Pregnancy and Fertility
Cardiometabolic Testing
and Others
Key regions Rapid Test Kits Market Research Report:
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of Latin America)
The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)
Rest of the World
This report is an essential resource for businesses seeking to stay ahead of the competition in the Rapid Test Kits market. With its comprehensive analysis of recent developments and emerging trends, it provides valuable insights into the market that can be used to develop effective growth strategies and improve market positioning. The report aims to provide readers with a comprehensive overview of the market analyses. Its objective is to aid readers in devising business growth strategies, assessing the competitive landscape, evaluating their position in the current Rapid Test Kits market, and making well-informed business decisions. The report presents several market projections for crucial variables such as market size, manufacturing, revenue, consumption, CAGR, gross margin, and price.
How can this research help you in getting business strategically correct?
Exact valuation and key facts about the market | 2030
Value proposition analysis that helps businesses revise their offerings timely
Marketing and segmentation strategies for new entrants in the market
Competitive Rapid Test Kits market growth strategies for market participants
Latest trends and technologies in the market
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.
#Rapid Test Kits Market#Rapid Test Kits Market Size#Rapid Test Kits Market Share#Rapid Test Kits Market Forecast
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#Point-Of-Care Testing Market#Point-Of-Care Testing Market Trends#Point-Of-Care Testing Market Growth#Point-Of-Care Testing Market Industry#Point-Of-Care Testing Market Research#Point-Of-Care Testing Market Report
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This disease is a multi-causal, heterogeneous, and progressive cardiometabolic condition that is commonly associated with obesity, dyslipidemia, hypertension, inflammation, and endothelial dysfunction. The prevalence of diabetes is expected to grow rapidly, as it is associated with aging populations, increasing urbanization, economic development, and the increase in the prevalence of risk factors like obesity, unhealthy dietary habits, and physical inactivity.
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#market research future#cardiometabolic disease market#cardiometabolic disease trends#cardiometabolic market trends#cardiometabolic disease
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Rapid Diagnostics Market Size, Share & Forecast: 2028
Rapid Diagnostics Market by Product (Glucose, Infectious Disease (Hepatitis C, Influenza), Coagulation), Platform (Microfluidics, Immunoassay), Mode of Purchase (Prescription, OTC), Enduser (Hospital, e-comm, Home Care), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Market Overview:
The Rapid Diagnostics market size is projected to reach a CAGR of 11.6% from 2022 to 2028.
Rapid Diagnostics are the medical techniques which are used for the diagnosis and the detection of the disease but are way to perform and are quick. These techniques play major role in the situation wherein the preliminary or the emergency situation similar to the ongoing pandemic. These test kits tend to provide the results in either 20 minutes or the same day.
The technological advancements in the sector along with the surge in the incidents of the infectious disease are some of the factors that have supported long-term expansion for Rapid Diagnostics Market.
COVID-19 had a positive effect on the market, as because the global demand has increased to various folds and also the shortage of lab-based testing facilities the demand for rapid diagnostics was increased.
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Regional Analysis
North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the incidents of lifestyle disorder becoming popular in the region and also the presence of the key players in the region.
Competitive Landscape
Key Players
Roche Diagnostics
Siemens Healthineers
Danaher Corporation
Becton Dickinson and Company
Abbott Laboratories
Quidel Diagnostics
Chembio Diagnostics
EKF Diagnostics
Trinity Biotech
Fluxergy
Recent Developments
In June 2019, FDA gave the approval to Roche diagnostics for VENTANA PD-L1 (SP142) Assay.
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Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
Gain authentic and granular data access for Rapid Diagnostics Market so as to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Report Scope
Rapid Diagnostics Market is segmented into product, platform, mode of purchase, end users and region.
On the basis of Product
Glucose Monitoring Products
Cardiometabolic Monitoring Products
Infectious Disease Testing Products
Coagulation Monitoring Products
Pregnancy & Fertility Testing Products
Fecal Occult Testing Products
Hematology Testing Products
Tumor/Cancer Marker Testing Products
Urinalysis Testing Products
Drugs-of-abuse Testing Products
Cholesterol Testing Products
Other POC Products
On the basis of Purchase
OTC Testing Products
Prescription-based Testing Products
On the basis of End-Users
Outpatient & Ambulatory Care Facilities
Hospitals & Critical Care Centers
Home Care Settings 5
Other End Users
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
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Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
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EUROPE POINT-OF-CARE DIAGNOSTICS Market Growth, Industry Size-Share, Global Trends, Key Players Strategies and Upcoming Demand
Data Bridge Market Research analyses that the EUROPE POINT-OF-CARE DIAGNOSTICS MARKET will project a compound annual growth rate (CAGR) of 10.22% during the forecast period of 2022-2029.
A world class EUROPE POINT-OF-CARE DIAGNOSTICS MARKET research report is formulated with the finest and advanced tools of collecting, recording, estimating and analysing market data. With the systematic and comprehensive market research study, this market research report offers the facts associated with any subject in the field of marketing for Healthcare industry. It gives superior ideas and solutions in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviours. This EUROPE POINT-OF-CARE DIAGNOSTICS MARKET report has been prepared by considering several fragments of the present and upcoming market scenario.
EUROPE POINT-OF-CARE DIAGNOSTICS MARKET Scope and Market Size
The point-of-care diagnostics market is segmented on the basis of product, platform, prescription and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them in making strategic decisions for the identification of core market applications.
On the basis of product, the point-of-care diagnostics market is segmented into glucose monitoring products, cardio metabolic, infectious disease, coagulation, pregnancy and fertility, tumor or cancer marker, urinalysis, cholesterol, haematology, drugs-of-abuse, fecal occult and others. Glucose monitoring products is further sub segmented into strips, meters and lancets and lancing device. Cardiometabolic is further sub segmented into cardiac marker, blood gas or electrolytes and HBA1C. Infectious disease is further sub segmented into influenza, HIV, hepatitis C, sexually transmitted disease (STD), healthcare-associated infection (HAI), respiratory infection, tropical disease and other infectious disease. Coagulation is further sub segmented into PT or INR and activated clotting time (ACT or APTT). Pregnancy and fertility is further sub segmented into pregnancy test and fertility test.
On the basis of platform, the point-of-care diagnostics market is segmented into lateral flow assays (immunochromatography tests), dipsticks, microfluidics, molecular diagnostics and immunoassays.
On the basis of prescription, the point-of-care diagnostics market is segmented into prescription-based testing and OTC testing.
On the basis of end user, the point-of-care diagnostics market is segmented into clinical laboratories, outpatient healthcare and ambulatory care settings, hospitals or critical care centers, home care, research laboratories and other.
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Some of the key questions answered in this report:
How has the EUROPE POINT-OF-CARE DIAGNOSTICS MARKET performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the EUROPE POINT-OF-CARE DIAGNOSTICS MARKET?
What are the key regional markets?
What are the key driving factors and challenges in the industry?
What is the structure of the EUROPE POINT-OF-CARE DIAGNOSTICS MARKET and who are the key players?
Market Analysis and Insights: EUROPE POINT-OF-CARE DIAGNOSTICS MARKET
The point-of-care diagnostics market is expected to witness market growth at a rate of 10.22% in the forecast period of 2022 to 2029. Data Bridge Market Research report on point-of-care diagnostics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the incidence of target diseases is escalating the growth of point-of-care diagnostics market.
Point-Of-Care diagnostics are the approaches that are utilized to identify infections early and quickly. Such procedures are extremely sensitive, cost-efficient and produce results within a short timeframe. These testing methods are utilized by schools, physicians, outpatients, clinical labs and home health.
Major factors that are expected to boost the growth of the point-of-care diagnostics market in the forecast period are the rise in the need for home healthcare has pushed the manufacturers. Furthermore, the growing importance of point-of-care diagnostics in the environmental monitoring and public health is further anticipated to propel the growth of the point-of-care diagnostics market. Moreover, the technological developments and new product releases is further estimated to cushion the growth of the point-of-care diagnostics market. On the other hand, the expenses pressure because of repayment cuts and budget restriction is further projected to impede the growth of the point-of-care diagnostics market in the timeline period.
EUROPE POINT-OF-CARE DIAGNOSTICS MARKET - Regional Level Analysis
The countries covered in the point-of-care diagnostics market report are the Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
EUROPE POINT-OF-CARE DIAGNOSTICS MARKET - Share Analysis:
The North America point-of-care diagnostics market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the point-of-care diagnostics market.
Key player - EUROPE POINT-OF-CARE DIAGNOSTICS MARKET
Some of the major players operating in the EUROPE POINT-OF-CARE DIAGNOSTICS MARKET are Abbott, Danaher, BD, F. Hoffmann-La Roche Ltd, Johnson & Johnson Services, Inc., Instrumentation Laboratory S.p.A. – Werfen, bioMérieux SA, Trividia Health, Inc., QIAGEN, Sekisui Diagnostics, Siemens Healthcare GmbH, Quidel Corporation, Spectral Medical Inc., Abaxis, Nova Biomedical, Trinity Biotech, Alfa Scientific Designs, Inc., ?PTS Diagnostics, Bio-Rad Laboratories, Inc., and Medica Corporation among others.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Scope and Market Size
Chapter Three: Analysis and Insights
Chapter Four: Country Level Analysis
Chapter Five: Share Analysis
Chapter Six: Key player
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Sanofi and TrialSpark associate to speed up tech-driven drug growth
French multinational pharmaceutical and healthcare firm Sanofi introduced a partnership with New York-based TrialSpark, which presents a technology-based mannequin for drug growth. TrialSpark’s instruments goal for extra environment friendly trial design, sooner trial completion and better high quality trial knowledge. It acquires clinical-stage medication from pharmaceutical and biotech firms and develops them utilizing its expertise. The corporate’s therapeutic areas embody rheumatology, dermatology, CNS (neurology and psychiatry) and cardiometabolic ailments. The partnership will deal with pursuing the acquisition or in-licensing and growth of clinical-stage Part II and Part III drug candidates in areas of excessive and unmet affected person wants. Sanofi and TrialSpark’s collaboration will goal six transactions over three years. It goals to leverage Sanofi’s international industrial experience and TrialSpark’s technology-based drug-development capabilities to discover new scientific growth fashions in areas similar to behavioral intervention and digital applied sciences. “We’re excited to provoke this novel collaboration with TrialSpark, as one other instance of our dedication to innovation within the healthcare ecosystem,” Alban de La Sablière, partnering head at Sanofi mentioned in a press release. “This collaboration is not going to solely establish engaging late-stage belongings, however can even use progressive growth plans which might deliver significant outcomes to sufferers in areas of mutual curiosity.” THE LARGER TREND A few yr in the past TrialSpark landed $156 million in Sequence C funding, bringing the corporate’s whole elevate to $250 million. At the moment, the corporate mentioned it was trying to purchase or collaborate with pharma firms with scientific trial-stage belongings. Sanofi has set its sights on AI for drug discovery over the previous yr, asserting in January its deal value greater than $100 million with tech firm Exscientia. That deal includes creating 15 novel small molecule candidates in oncology and immunology. Exscientia’s AI platform might be utilized in varied methods, together with focusing on identification and affected person choice. Exscientia is eligible for as much as $5.2 billion in funds for scientific growth and regulatory and industrial milestones. Moreover, digital power situation administration firm DarioHealth signed a $30 million strategic partnership with Sanofi to hurry up the adoption of Dario’s instruments within the U.S. market. Sanofi introduced quite a few different collaborations over the previous yr, together with its partnership with Health2Sync. Originally published at San Jose News HQ Originally published at San Jose News HQ
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