This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
1ne: A new analysis predicts that by 2030, 48.9% Increased provider consolidation has decreased individual market competition, in which lower prices, improved productivity, and innovation can occur. Without this competition, these near-monopolies have providers and insurers in a position where they can drive up their prices unopposed.
The new Eco Line product family demonstrates our commitment to delivering sustainable, eco-friendly barrier bottles at competitive prices,” added Bassi. As such, bottle weight is reduced by up to 30 percent without compromising on Water Vapor Transmission Rate (WVTR).
However, before you jump directly to our sales hiring predictions for 2022, take the time to read the entire article to learn how the intense competition for talent is impacting sales professionals’ salaries and employers’ strategies for winning the talent war. jobs by 2030 while the workforce will only grow by 8.9M.
billion by 2030 BioNTech Development of mRNA-based oncology therapies for German biotech BioNTech is progressing. Omega Therapeutics’s share suggests increasing competition and diversification in this innovative field,” concluded Podder. Global RNA therapy clinical trials market to reach $3.5 subvariant.
4DMT is creating a gene therapy using an adeno-associated viral vector (AAV) and there is currently competition from several early-stage therapies in trial, such as Sangamo Therapeutics’s Fabry gene therapy that is currently at Phase III, which also uses AAV, and as of November 2022 has reported it is progressing to late-stage plans.
The time to population access for vaccines exceeds six years in a third of States, and the procurement mechanism for vaccines in most States doesn’t facilitate fair competition, timely access to vaccines and sustainable supply. The pipeline review determined there are disparities in market access to vaccines across Europe.
Mounjaro’s approval for obesity, particularly in the US and EU markets, means the drug is entering a significantly large market where it will have direct competition from Novo Nordisk’s Wegovy (semaglutide), which is currently the leading glucagon-like peptide-1 (GLP-1) therapy approved for obesity by both the FDA and EMA.
Deuroxilitinib (formerly CTP-543) – a JAK 1/2 inhibitor – is coming up against drugs in the class from Eli Lilly and Pfizer in the alopecia areata market, so will face heavyweight competition, although Sun reckons it is a “best in class” therapy. The report predicts that the alopecia areata market will grow to as much as $2.5
The UK’s association is set to create and support thousands of new job opportunities, helping to deliver the ambition to grow the economy and cement the UK as a science and technology superpower by 2030.
GlobalData’s Blockchain Market Size, Share, Trends, and Segment Forecast to 2030 report offers insights on application of blockchain in healthcare and other key sectors. For further understanding of GlobalData's Blockchain Market Size, Share, Trends, and Segment Forecast to 2030 buy the report here.
1 With pharmaceutical innovation increasingly focusing on a wider range of biotechnology-derived medicines, a surge in biological medicines losing market exclusivity is expected between now and the end of the decade, creating an opportunity eight times greater than that of the 2012-14 period, (peaking at 30 billion between 2030-2032).
Between 2023 and 2030, that number is expected to grow at a compound annual growth rate of 22.6%. Additionally, incorporating elements like leaderboards and challenges can foster a sense of competition among patients, further driving engagement. In 2022, the global healthcare gamification market was valued at 3.15 billion dollars.
In this final instalment of IQVIA EMEA Thought Leadership’s Nine for 2023 three-part series, focusing on issues that will change the direction of healthcare and the pharmaceutical industry this year, three key competitive issues for pharmaceutical companies in 2023 are assessed.
The AI healthcare market is projected to reach a value of $188 billion by 2030. Therefore, it’s crucial for healthcare organizations to understand the intersection of AI and patient experience to stay competitive and provide the best care possible.
from 2022 to 2030. The potential increase in industry competition could also spell trouble for some. Grand View Research published a report recently that captured some interesting highlights about the orthopedic medical device industry. The article puts the global market size for the sector at $40.9
As both government and commercial payers direct a greater share of volume to out-patient facilities and patient demand for same-day service increases, opportunity and competition in the ambulatory surgical center (ASC) space are increasing. Is there an ASC in your market you should merge with or acquire?
” Lilly is trying to stay ahead of rivals Novo Nordisk and Sanofi in an increasingly competitive insulin market, as well as tapping into the trend to make medicines safer and more effective through the use of digital technologies. billion in 2020 to more than $16 billion by 2030, according to GlobalData.
According to GlobalData, competition to develop a first-to-market drug for NASH is strong. In the European Union, NASH affects nearly 10 million people and is expected to increase by more than 40 percent by 2030. 89bio is one of several companies advancing treatments. It is becoming the leading cause for liver transplants.
The bi-weekly intramuscular shot – which was also approved in China in 2021 – will enter a crowded market for long-acing injectable (LAI) schizophrenia therapies in the US and have to take on heavyweight competition, including drugs that require less frequent dosing.
The pharma group said earlier this year it is hoping for eight new cardiovascular therapy approvals between now and 2030, for diseases like atherosclerosis, heart failure, and thrombosis as well as PAH, that will swell its sales from in the category to $10 billion around the end of the decade.
Pharma giant AstraZeneca also plans to make its supply chain carbon-negative by 2030; to reduce its Scope 1 emissions by 20%, Scope 2 emissions by 95%, and Scope 3 emissions by 25% per $1m of sales by 2025. In 2020, Fisher & Paykel Healthcare, a medical devices firm, made a SBTi commitment to reduce GHG emissions by 67% by 2034.
According to the Bureau of Labor Statistics, employment of medical and pharmaceutical sales representatives is projected to grow 3 percent from 2020 to 2030, about as fast as the average for all occupations. However, the industry is becoming more competitive and navigating the industry is becoming harder.
On the other hand, original manufacturers often face tough competition, as the market becomes flooded with alternatives. It’s a dynamic that keeps the industry competitive and ensures patients benefit from a range of choices. For pharma sales reps, this shift changes the conversation. In 2022, it was valued at approximately $898.7
from 2022 to 2030, the pharma industry will reach USD 9,241.34 million by 2030. from 2023 to 2030. Now is the time for various B2B businesses targeting the pharma industry to buckle up, get competitive and align their strategies for propensity. Poised to grow at a CAGR of 29.4%
The Proposal hopes to address the concerns with the current system and support the EC’s vision for the EU’s digital transformation by 2030. It has been proposed that the amount of these fees charged by the data holder must be transparent, proportionate, and “must not restrict competition” 10. Rights for individuals.
According to one estimate from P&S Research , this market is expected to grow nearly 5x by 2030! Cons: Highly competitive with new options continually emerging. The Regenerative Medicine sector has exploded in popularity in recent years, with that trend expected to continue for the foreseeable future.
16,17 However, care must be taken to ensure that chemicals from biomass are not produced in competition with food production and do not have a negative impact on the environment or natural habitats. In the context of CO 2 neutrality, the years 2030 and 2050 are mentioned as crucial milestones.
Lifted by increased interest after the onset of the Covid-19 pandemic, the sector is expected to balloon to US$853 billion by 2030. Hamilton offers more competitive prices than Toronto and the city is only an hour away from its larger neighbour. City Competitiveness Index. per square foot (/ft2) in Hamilton, versus C$9.06/ft2
Pharma M&A activity was muted in 2022, coming in at its lowest level since 2013 – something of a surprise, given the looming patent cliff and pharma’s past reliance on M&A and biopartnering as a quick fix for revenues lost to generics and biosimilars competition. billion based on seven preclinical ADC candidates.
from 2022 to 2030. The potential increase in industry competition could also spell trouble for some. Grand View Research published a report recently that captured some interesting highlights about the orthopedic medical device industry. The article puts the global market size for the sector at $40.9
Top Strategies to Improve Patient Engagement in Healthcare Practices must consistently attract and retain patients to stay ahead in the competitive healthcare market. By 2030, that number is expected to rise to over 187 billion dollars. Therefore, the role of AI in patient engagement is set to grow exponentially.
Expressing a desire that a shared passion for innovation and excellence within cancer care should be put at the centre of policies in order to establish resilience and competitiveness, Montserrat did note that sustainability was also important across the 27 EU member states. Horizon Europe and cancer care post-2020.
Furthermore, the organization predicts it will outpace the GDP by 2030. Increased competition Your sales team also faces more competition than ever before. This method won’t cut it in years to come if you expect to separate yourself from the competition. The medical field is growing. What does this look like?
billion in 2030 ). Differentiating medical devices can be challenging due to commoditization and the fast pace of technological advances, but it’s critical to stand out in a competitive device market. Over the next seven years, the medical device market will nearly double in size (from USD 495.46 billion in 2022 to 964.90
In fact, experts claim that 15% of American households will have solar photovoltaic (PV) systems in place by 2030. This indicates enormous potential for solar companies—but competition for business is fierce. Your company will be compared to the competition to see how it stacks up. If it can’t, it won’t.
ZS analysis shows the top pharma companies have more than $230B in worldwide revenues at risk from 2022 to 2030; the top 10 pharma companies combined have more than 45% of their revenues at risk. Ask: Is this component truly a competitive advantage? During this time, 69 blockbusters will lose patents. The Payoff Is Real.
million by 2030, growing at a CAGR of 26.3%, showcasing it as a testament to the industry’s potential for expansion and innovation. Similarly, for chiropractors, staying informed and engaged with these trends is key to staying ahead of the competition. It is leading to attain a staggering market valuation of USD 2,871.8
billion) by 2030. As the COVID-19 pandemic continues to take its toll on businesses worldwide, it’s time to look for new ways to create value, prepare for the future, and remain competitive in the ever-changing landscape. The UK government also has its own plans for funding research. billion ($18.2 Horizon Europe has a budget of €95.5
The BioPIPS project is in line with Singapore’s wider “Manufacturing 2030” program, which aims to boost the country’s manufacturing by 50%. According to GlobalData’s Contract Service Provider database, Merck & Co currently owns three facilities in Singapore, and Novartis and GSK each own two facilities.
According to a GlobalData epidemiology forecast, there will be nearly 190 million cases of dysphagia globally by 2030. As the COVID-19 pandemic continues to take its toll on businesses worldwide, it’s time to look for new ways to create value, prepare for the future, and remain competitive in the ever-changing landscape.
Led by a multidisciplinary committee of patient advocacy leaders, healthcare professionals, biosimilar experts, and industry leaders from across the globe, it aims to increase biosimilar adoption by 30 percentage points in over 30 countries by 2030. 2021 was a year of continued innovation and change in the Biopharmaceutical industry.
Touchlight estimates that the DNA market is currently worth $1bn and will grow 20% annually until 2030. As the COVID-19 pandemic continues to take its toll on businesses worldwide, it’s time to look for new ways to create value, prepare for the future, and remain competitive in the ever-changing landscape.
By 2030, global spending on digital health is projected to represent 8% of all healthcare expenditure, up from 3% currently 2. Funding has followed the technology, with the digital health sector seeing significant growth globally due to strong investor confidence and perceived investment opportunities.
We organize all of the trending information in your field so you don't have to. Join 8,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content