Insights from BCC Research

Cloud Computing Is Capturing Healthcare

Written by Laurie L. Sullivan on Feb 1, 2018 12:45:00 PM

Cloud_Computing.pngInitially approached with caution by healthcare organizations, cloud computing is becoming more widely adopted in this arena. As cost savings outweighed potential data protection concerns, cloud adoption in healthcare increased during 2017. Healthcare information technology (IT) systems are expensive to implement, update and maintain. Cloud economics changes that by shifting from individual budgets to cost-sharing models enabled by private, multitenant and in some cases, public clouds. These trends are shifting in favor of increased IT spending on cloud hardware, software and networks.

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Topics: Life Sciences, Healthcare

Continuous Glucose Monitoring Finds Sweet Spot Without the Sting

Written by Laurie L. Sullivan on Jan 9, 2018 2:30:00 PM

Glucose Monitor.jpegThe continuous glucose monitoring market, introduced nearly 20 years ago, is presently experiencing strong growth as diabetics, physicians, hospitals and clinics witness the benefits these devices can lend to the management of glucose levels. The market now includes blood glucose monitors, diabetes test strips, insulin durable and patch pumps, glucose sensors, and transmitters and receivers. The global market for continuous glucose monitoring equipment is expected to top $20.6 billion by 2022, according to a new study by BCC Research, at a five-year compound annual growth rate (CAGR) of 10.1%.

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Topics: Life Sciences, Healthcare

Google Spin-Off Jumps Into the Wearable Device Game

Written by Laurie L. Sullivan on Dec 28, 2017 11:45:00 AM

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Earlier this month, BCC Research hosted an event “Connected Medical Devices: Bridging the Gap Between Wearables and Clinical Applications” in Boston, MA. BCC Research Senior editors Michael Sullivan and Robert G. Hunter discussed the future of wearable medical devices, especially those that link clinical and consumer applications. In her blog post from August 2017, Laurie Sullivan writes about one Google spin-off coming ever closer to “bridging the gap.”

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Topics: Life Sciences, Healthcare

Can Getting A “Young” Blood Transfusion Turn Back Time?

Written by Laurie L. Sullivan on Nov 8, 2017 10:00:00 AM

Blood Transfusion.jpegConditions such as immunodeficiency and bleeding disorders are powerful growth factors of the blood plasma industry. In a recent analysis, BCC Research found that the rising demand for immunoglobulins (more commonly known as antibodies), an integral part of the immune response, is the main driver of the global market for blood plasma products. Product launches and improvements in existing technologies are expected to expand this market from approximately $16.8 billion in 2016 to $23.0 billion by 2021.

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Topics: Life Sciences, Healthcare