The BioMEMS and microsystem healthcare market is projected to grow from $4.53 billion in 2023 to $8.34 billion by 2028, driven by the demand for personalized medicine and advancements in diagnostic tools. Key players include Johnson & Johnson and Qualcomm, focusing on innovative products like integrated audio modules for hearing aids. Major trends include the integration of AI and the development of lab-on-a-chip technologies for improved diagnostics and treatment.
The SMI closed lower, with Novartis, Roche, and Nestlé experiencing losses, while Wall Street showed positive momentum and cryptocurrencies gained. In individual stocks, TDK surged 7% after raising its profit forecast, Nomura Holdings climbed 8% following a significant quarterly profit increase, and Sanrio's shares rose 14% after boosting its net profit outlook. Despite these gains, caution prevails among investors ahead of the US presidential election, contributing to high volatility in the Nikkei.
Wall Street showed positive momentum, while the Swiss stock market faced losses, with major companies like Novartis, Roche, and Nestlé declining. In Japan, TDK surged 7% after raising its profit forecast, and Nomura Holdings climbed 8% following a significant quarterly profit increase. Despite these gains, investor caution prevails ahead of the US presidential election, contributing to high volatility in the Nikkei.
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