Articles by Kumba
41 articles
The clinical trial is a foundational pillar of the pharmaceutical drug discovery process. Essentially, clinical trials are research studies which seek to determine if a medical treatment or device is safe and effective for humans. While the pharmaceutical drug industry has experienced some fluctuations it remains a profitable market. Global prescription drug expenditures are estimated […]
In an effort to increase clinical and administrative capacity through telehealth, researchers are developing AI-driven technology for healthcare professionals and consumers. […]
In this article, we present representative examples of virtual medical assistants that could help with transcription, information search and health record navigation, as well as the current progress (funds raised, pilot applications, etc) of each example. […]
Health insurance is a critical component of the healthcare industry with private health insurance expenditures alone estimated at $1.1 billion in 2016, according to the latest data available from the Centers for Medicare and Medicaid Services. This figure represents 34 percent of the 2016 National Health Expenditure at $3.3 trillion. In this article, we […]
According to the U.S. Department of Health and Human Services, the progress of the value-based healthcare delivery system in the U.S. — a provider payment model based on patient outcomes — has run almost parallel to the significant implementation rate of electronic health records/electronic medical records (EHR/EMR). […]
The healthcare industry is evolving into an increasingly digital environment, and as a result cybersecurity continues to be a top priority for protecting sensitive data such as financial records and patient medical records. Market research firm Grand View Research estimates that the global healthcare cybersecurity market will reach $10.85 Billion by 2022. Grand View Research […]
The opioid overdose crisis continues to maintain a strong grip on the nation. According to the National Institute on Drug Abuse (NIDA), the epidemic claims more than 115 lives in the United States every day. The cumulative effects of this public health crisis also extend to loss of workforce productivity, addiction treatment costs, and criminal […]
Hearing loss is a condition affecting an estimated 48 million individuals in the U.S. While the degree of severity may vary across age groups, the Hearing Loss Association of America reports that hearing loss ranks third after arthritis and heart disease among the most common physical ailments. Many efforts have been made to improve quality […]
Dermatology is defined as a branch of medicine primarily focused on the evaluation and treatment of skin disorders, including hair and nails. Market research firm BCC Research projects that the global market for skin disease treatment technologies will reach $20.4 billion in 2020. Based on $17.1 billion in market revenue in 2015, this anticipated increase […]
Chatbots are gradually being adopted into the healthcare industry and are generally in the early phases of implementation. Market research firm Grand View Research estimates that the global chatbot market will reach $1.23 billion by 2025. This projected growth reflects a compounded annual growth rate (CAGR) of 24.3 percent. Healthcare has become an attractive market […]
