Global health service company Cigna Corporation has released the results of its 2019 Cigna 360 Well-Being Surv...Read more
A study by Onco.com, the world’s first online cancer care platform, has come up with startling findings ...Read more
The precision medicine and biotechnology company Macrogen has announced on April 24 that it had signed a ...Read more
Medtronic plc, the global leader in medical technology, has announced the launch of the Medtronic MedTech Inno...Read more
Veeda Clinical Research Pvt. Ltd., a leading independent CRO has announced that its clinical (Shivalik, Ahmeda...Read more
Asia capitalizing on digital tech innovations
Digital technology is becoming central to the future growth of the healthcare sector globally. Healthcare companies around the world are now taking advantage of the new and exciting technologies such as artificial intelligence (AI), robotics, machine learning, 3D- bioprinting and blockchain to create value for patients, clinicians, and shareholders alike. Currently, Asia is entering a zone of grim reality where age and chronic conditions affect ever-growing masses of its populations. It has become obvious that Asia cannot resolve its healthcare challenges without the intervention of these new age technologies.
According to CBInsights, Venture Capitalists invested more than $2 billion in healthcare AI startups in 2018, a dramatic rise when compared to the $100 million invested just five years ago. With this rate, deep Learning and its applications in medical imaging and diagnostics are expected to hold the major share of the market in the coming years. Remaining resilient to the inevitable AI based technological revolution, Asia is capitalizing on this opportunity and investing in innovations likewise. Asian enterprises see AI as a complete disruptive force across technology, industry, product, go-to-market, academic, and economic dimensions. On the occasion of World Health Day, being celebrated on April 7, 2019, BioSpectrum Asia covers 25 innovative health tech startups bringing unique AI and robotics based healthcare solutions across China, India, Korea, Taiwan, Singapore, Japan and Australia