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CES 2018 – More than 700 exhibitors focused on digital health, a $21 billion market in 2021January 17, 2018Digital health was a continuing trend at CES 2018 with 26% of exhibitors having an offering within biometrics, health and biotech, sports and fitness, or wearables. Looking at just companies related to digital health, more than 18% of exhibitors were related to consumer-side healthcare. IHS Markit forecasts the global market for digital health will grow from $15.6 billion in 2017 to $21.6 billion during 2021 at a CAGR of 8.5%, rapidly outpacing the traditional medical equipment markets. While much of the show was an evolution from previous years, including sleep monitoring, embedded sensors in clothing, and wrist-worn activity trackers, a few items incorporated broader technology trends such as machine learning, blockchain, medical-related wearables, and home-based diagnostics.
In 2018, Analytics and AI in Healthcare Look to Take Center StageJanuary 04, 2018The 103rd Scientific Assembly and Annual Meeting of the Radiological Society of North America (RSNA) brought together over 50,000 attendees at Chicago’s McCormick Place from November 26th to December 1st, 2017. Companies of all sizes brought their A game to the exhibit floor with leading companies showcasing gargantuan booths filled with the latest and greatest medical imaging technologies.
Outpatient growth drives ultrasound equipment volumesNovember 03, 2016The global ultrasound imaging equipment market is estimated to have been worth $6.16 billion in 2015; an increase of 1.2% from 2014. This rate of growth is lower than previously forecast, which is primarily due to the impact of a strong US dollar and other foreign exchange fluctuations, which affected the sales of foreign US subsidiaries. The market also experienced a period of highly competitive pricing which lowered average sales prices (ASP), particularly in Latin America and Europe. For some vendors, this ASP erosion was further exacerbated by the effects of shifting foreign exchange rates. Stronger growth is predicted for 2016 because of new product launches from Carestream, Fukuda Denshi, Hitachi-Aloka, and VisualSonics (Fujifilm SonoSite), and because of increased volumes in point of care and obstetrics applications. On a unit volume basis, shipments were up by 4% over 2014. The results for 2016 are expected to be closer to a 5% increase. Growth in the market through 2020 is being driven by uptake of mid-range and high-end cart-based systems in both emerging and developed markets for use in traditional applications. Uptake will also be bolstered by further development of the use of compact ultrasound systems in point-of-care (POC) applications.
Qualcomm Life and Philips Healthcare Partner for Personalized Connected HealthcareSeptember 21, 2016At the 5th annual Qualcomm Life Connect conference held in San Diego during August, Rick Valencia (SVP Qualcomm Life) and Jeroen Tas (CEO Connected Care Health Informatics, Philips) delivered keynote presentations concerning a new partnership that seeks to spur forward personalized connected health care from healthy living and prevention to chronic care management and home care—IHS Markit refers to the varied technologies surrounding patient connectivity simply as digital health. The goal in creating the partnership is to leverage each company’s respective capabilities, which includes Philip’s connected health informatics and regulated health care cloud data management and analytics (2net), and Qualcomm Life’s platform for secure, medical-grade device connectivity and integration (HealthSuite). Philips will also enable third party medical devices to connect to HealthSuite.
Consumer Medical Devices Set for Stable Market GrowthOctober 11, 2013The world market for consumer medical devices will enjoy steady growth in the years ahead as aging populations climb in number and diseases exacting their toll require observation and supervision. Global revenue for ...
3-D is Key to Next-Generation NAND FlashOctober 02, 2013Three-dimensional technologies will smooth the way for the next frontier in flash memory as production of 3-D NAND accelerates much more quickly than initially anticipated...
Mobile DRAM Posts Improved Revenue in Q2 from Dismal First QuarterSeptember 20, 2013The market for mobile dynamic random access memory (DRAM) grew in the second quarter in light of anticipated demand for the upcoming hot selling season, but mobile DRAM’s share of the overall DRAM...
NAND Flash Memory Encounters Surprise Shortage in Q1Rising demand for the memory in smartphones and tablets is the key factor—along with ChinaJuly 30, 2013
A surge in demand for low-end smartphones in China caught memory suppliers by surprise and pushed the NAND flash market to growth—and shortages—during the first quarter this year. Shipments of NAND flash memory from January to March amounted to 8.7 billion units in 1-gigabyte-equivalent pieces. The latest total is up from 8.2 billion units in the fourth quarter last year and also represents the highest figure of the last five quarters, but a run in supply ensued nonetheless.
DRAM Market in Q1 Sustains Gains Made Late Last YearCommodity prices rise, and market remains slightly undersuppliedJuly 17, 2013
The market for dynamic random access memory (DRAM) continued its implausible rally in the first quarter, buoyed by rising commodity prices and a slight undersupply that would have been unthinkable just a year ago. Global DRAM shipments from January to March this year amounted to 8.29 billion units as measured in 1-gigabit-equivalent pieces, up a small 2 percent from 8.10 million units in the fourth quarter of 2012. The minor uptick contrasts with the mighty 13 percent expansion posted in the previous quarter, but the relatively small gain in shipments during the period proved welcome nonetheless for the industry.
Evolving Ultrabooks to Help Counter PC Struggles in Driving Growth of Solid-State DrivesLong-term SSD prospects remain undimmed; innovation also needed for market to strengthen in the short termJuly 16, 2013
Despite the generally weak state of the PC industry, ultrathins will still form the main market for solid-state drives (SSD), in a business that retains significant long-term upside. Shipments in 2013 of SSDs will reach a projected 64.6 million units, up a notable 87 percent from 2012. SSD growth ahead will also be substantial, exceeding 30 percent each year for the next three years, before moderating to the high teens in 2017. By 2017, SSD shipments will amount to some 224.1 million units.
Beset by Ails, Mobile DRAM Underperforms in Q1Samsung remains leader but loses market shareJuly 04, 2013
Laboring under the combined weight of a seasonal slump and sharply lower average selling prices, the market for mobile dynamic random access memory (DRAM) posted lackluster results in the first quarter. Mobile DRAM industry revenue fell to $2.2 billion, down from $2.6 billion in the fourth quarter of 2012, and its share of the total DRAM market shrank. Mobile DRAM, used for mobile devices like smartphones and tablets, lost out to the normally staid segment of PC commodity DRAM, riding high at present because of elevated prices.
Thinner Hard Disk Drives with Rapidly Growing Shipments to Present New OpportunitiesNew 5.0- and 7.0-mm. HDDs could make inroads into tablets and ultrathins now home to rival SSDsJuly 03, 2013
Newly released thinner hard disk drives (HDD) sized 5.0 and 7.0 millimeters have the potential to gain back some HDD market share lost to solid-state drives (SSD), especially if the new hard drives find their way into future ultrathin PCs and PC tablets. Lighter in weight and thinner in breadth, the 5.0- and 7.0-mm models will form a new class of ultraslim HDDs that are forecast to eventually displace the much thicker 9.5-mm drives that currently rule the industry. The combined shipments of 5.0- and 7.0-mm HDDs will reach 133 million units by 2017, up from just 5 million last year. Meanwhile, shipments of 9.5-mm HDDs will deteriorate over time, to 79 million in 2017, down from 245 million units in 2012.
NOR Flash Faces Dim Prospects in an Overly Crowded Field of ProducersThe market suffered further indignities as 2012 turned out to be the worst in over 10 yearsApril 17, 2013
The NOR flash market is set for another challenging year in 2013 as a packed field of manufacturers all vie for a piece of a gradually shrinking pie. Global revenue for NOR this year is set to decline to approximately $3.41 billion, down from the $3.48 billion in 2012, with the projected 2013 takings representing just 40 percent of the industry’s $9.3 billion peak in 2004. While the business overall has been active in establishing multimemory strategies designed to bolster diversification and boost fading NOR prospects, the projected revenue trajectory for the future remains discouraging.