Ambulatory surgery centers (ASCs) are health care facilities that offer short-stay surgical and emergency procedures to patients, who do not require an overnight stay in a hospital. ASCs came into existence around four decades ago in Arizona (USA) by two physicians as an alternative to overcrowded and costly HOPDs (Hospital Outpatient Departments) at hospitals marred by slow operation room...

Hospitals form an integral part of the world economy, they help cure diseases, saves lives of seriously ailing patients and contribute to a healthy and productive economy. The global hospital industry, which is $10.2 trillion in market capitalization (Source: Bloomberg) is highly concentrated in the United States and Australia and together contributes more than 43% of the market...

An overview: Indian pharmaceutical industry Impact of Coronavirus on the supply of APIs for Indian Pharmaceutical players   India is the largest supplier of generic drugs globally and supplies a variety of vaccines; the country meets over 50% of global demand, 40% of generic demand in the US and 25% of all medicines in the UK. The country has a large pool of...

Indian pharmaceutical market and the importance of retail pharmacies Propelling e-pharmacy model in India   The Indian pharmaceutical market was valued at $36.7 Bn in 2018 and stood as the 3 rd largest market in terms of the volume and 13 th largest in terms of the value. It is estimated to grow $55 Bn by 2020 at a CAGR of +12% from 2015 to 2020, amid rise in...

Understanding CRISPR and its uses Investing in CRISPR focused biotech stock Risks associated with CRISPR and its future applications   Imagine a world where parents can have bespoke kids by selecting their skin colour, height, hair or prevent them from having hereditary disorders or diseases. Farmers can modify crops to make them more nutritious or alter...

Rising global demand for gloves Impact of USP 800’s implementation and the US-China trade war on Malaysia’s rubber gloves industry Key challenges for the Malaysian rubber gloves companies Future outlook   The global demand for gloves maintained an ~8% CAGR in the last decade and as per the initial estimates from the MARGMA (Malaysian Rubber Glove...

Status of public healthcare spending in India Impact of PMJAY on the industry Status of health coverage and insurance industry   Government healthcare spending pattern in India The government expenditure on healthcare has remained constant, but low in India. The general government health expenditure has remained between 0.9-1% of the GDP in the 2011-15...

Types of pharmacy automation systems Pros and cons of using automated pharmacy prescription dispensing systems Key factors driving the growth in the automated pharmacy prescription dispensing system market   The technological advancement and increasing use of robotics and artificial intelligence to perform various manual/repetitive tasks across industries have led...

How big is the international rubber gloves market? Reasons behind the healthy and steady growth Malaysia’s role in the industry Why are companies struggling for stable margins?   Rubber gloves are used by several industries, ranging from healthcare to food processing and services, automotive to construction and chemical industries, these are mainly used for...

Medical tourism landscape and growth drivers Burgeoning growth in the sector Scenario in developed vs. developing economies   Medical tourism or travel mainly refer to a movement from one country/province to another for medical purposes. The concept is not new and has been around for thousands of years. There are archaeological evidence from ancient...

How Balanced Budget Act affected the healthcare industry? Healthcare’s growth in phases and attributes ALF and SNF, the other healthcare service providers   The advent of home healthcare has comforted the lives of patients and elderly, they can now receive healthcare products such as medical supplies, appliances, equipment, etc. and also utilise the services...

Why are clinical laboratories essential? Analysis of the US clinical laboratory industry The future outlook   Clinical laboratory tests are performed on a specimen collected from patients to diagnose a disease, its prevention and proper treatment. These have gained great influence on medical decisions and around 70% of the medical decisions are based on clinical...

Investments made by the tech giants in the healthcare space Current market scenario of the tech giants in the healthcare space   Healthcare is one of the biggest industries in terms of investments globally. Moreover, government, as well as private sector’s involvement, has seen an increase in traction for a continuous improvement in the healthcare services related to...

Brief about the behavioral healthcare industry Major causes for increasing requirements in the industry Reasons for a sluggish growth despite an increase in behavioral illnesses Current trends in the industry   Stress is an inevitable emotion for humans. While it is good up to a certain extent until it motivates an individual to achieve his or her goals, but...