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ai in patient management market projected to grow at 24.51 percent cagr

Google Cloud has launched HIPAA-compliant Enterprise Search on its Gen App Builder, enhancing healthcare workflows. Meanwhile, the AI in Patient Management market is projected to grow at a CAGR of 24.51% from 2023 to 2031, driven by the increasing adoption of AI/ML technologies in healthcare. Key players include Welltok, Intel, and Google, with North America leading the market due to advancements in healthcare IT and supportive government initiatives.

global healthcare staffing market poised for significant growth by 2031

The global Healthcare Staffing Market is projected to grow from USD 38.9 billion in 2023 to USD 65.9 billion by 2031, at a CAGR of 6.8%. This growth is driven by changing consumer preferences, technological advancements, and a focus on sustainability, with key players including AMN Healthcare and CHG Healthcare. The market analysis includes factors like Porter's Five Forces and detailed segmentation by service type and end user.

medprime technologies secures funding to enhance ai innovations in health tech

Medprime Technologies has successfully closed its pre-series A funding round, led by investor Ashish Kacholia, to enhance growth and AI innovations in health tech. The investment will support the international market expansion of CILIKA, accelerate AI module launches for the MICALYS platform, and improve manufacturing capabilities to meet global demand. Established in 2014 by IIT Bombay graduates, Medprime is recognized for its digital microscopy solutions, utilized by top medical institutions across India.

mergers and acquisitions reshape kerala's healthcare landscape and future

The healthcare sector in Kerala is experiencing significant consolidation, with major acquisitions such as Quality Care's purchase of KIMSHealth and Caritas Hospital's acquisition of Matha Hospital. While this trend promises improved facilities and job opportunities, concerns about rising costs for patients persist. Experts suggest that these changes could position Kerala as a healthcare hub, enhancing medical tourism and attracting foreign investment, though small hospitals may struggle to survive without policy support.

Putin seeks leadership role at BRICS summit amid global power shift

On October 22nd, Vladimir Putin will join leaders from around 24 countries, including Narendra Modi and Xi Jinping, at the BRICS summit in Kazan, marking a significant moment for the bloc as it expands its influence against the Western-led order. Last year, Putin was unable to attend due to an arrest warrant from the International Criminal Court. This summit represents a pivotal opportunity for him to assert a leadership role in this growing coalition.

ubs downgrades outlook on indian equities compared to other emerging markets

UBS is currently underweight on Indian equities compared to other emerging markets, according to Sunil Tirumalai, head of emerging market and Asia equity strategy at UBS Securities. He noted that the firm favors markets with attractive fundamentals and valuations, especially in light of China's recent stimulus, which has drawn global investor attention.
19:55 20.10.2024

electronic skin patches revolutionize diabetes management with smartphone monitoring solutions

The electronic skin patch market is rapidly expanding, driven by innovations in healthcare technology and increasing demand for continuous monitoring tools, particularly for diabetes management. Key players like Abbott and Dexcom, Inc. dominate the market, leveraging advanced glucose monitoring systems. The online segment is the fastest-growing, fueled by e-commerce adoption and telemedicine trends, while North America leads in market share due to its robust healthcare infrastructure.

shift in household savings behavior impacts bank deposit growth in india

Indian households are shifting their savings from traditional bank deposits to alternative assets like property and equities, driven by easier access to retail loans and a younger, tech-savvy population. This trend has led to a decline in bank deposit growth, with credit growth outpacing deposits, prompting concerns about monetary policy effectiveness. As the Reserve Bank of India is expected to cut rates, challenges persist due to asymmetric monetary transmission and reduced liquidity from government cash management measures.
14:58 18.10.2024

India's affluent consumers show fatigue as rural demand rises

India's K-shaped consumption pattern is evolving, with affluent consumers experiencing fatigue while lower-income segments benefit from increased rural demand and public spending, according to a UBS report. Key factors influencing this shift include strong monsoons, rising public expenditure, and changes in household savings. As the country aims for sustainable growth, challenges such as inflation and job creation remain critical.
13:20 18.10.2024

growth of metaverse in healthcare market projected to reach 71.65 billion by 2030

The global Metaverse in Healthcare market, valued at $6.57 billion in 2022, is projected to reach $71.65 billion by 2030, growing at a CAGR of 35.4%. Key drivers include the rising adoption of mixed reality in surgeries and medical training, alongside significant investments in digital healthcare platforms. North America leads the market, facing challenges such as data privacy concerns and high costs of advanced technologies.
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