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Awareness and acceptability are fuelling the growth of the Rapid Diagnostic Tests market

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  The need for timely diagnosis as a first step in the treatment pathway is creating commendable growth opportunities for rapid tests.     For most people in India, the utility of rapid tests is limited to a pregnancy home test. However, these tests are also deployed as a screening tool for malaria, dengue and critical infections and most recently, COVID-19. In fact, the pandemic has generated widespread awareness for these tests making them a house-hold name. Growth drivers for the Rapid Diagnostic Tests (RDT) market The global RDT market stood at USD 23 bn in 2020 and is expected to grow at a steady CAGR of 8.14% up to 2026*. In India too, RDTs are gaining ground. Several factors are contributing to the growth of the market: Prevalence of infectious diseases including vector-borne diseases: Along with NCDs, India faces challenge from a range of infectious diseases including vector-borne diseases. The good news is that as a country we have made progress to achieve the el...

The diagnostic industry continues to stride ahead with AI technology

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  The COVID-19 pandemic has triggered a rapid implementation of new technologies in the diagnostic industry. With an increasing number of tests creating a burden on pathologists, digitization has helped enhance clinical lab workflow.    A TV commercial for a famous brand of a ceiling fan shows the fan obeying the command of two young children when they instruct it to be put on/off. And let’s not forget our assistants Alexa and Siri who follow each order to the ‘T’! Have you recently watched a crime thriller on Netflix? Wait…you now have a whole list of recommendations based on your past selection! By now, most people have experienced AI in some capacity or the other… be it a watch powered by AI, a food ordering app or an air conditioner! Of all the industries it has cast its magical spell on so far, AI is transforming the healthcare industry like never before. According to a published report, the market for Al/ML will reach USD 52 bn in 2024 from USD 29 bn in 2019. The im...

Screening for Transfusion Transmitted Infections - an important aspect in achieving the elimination goals for India

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  By now, it’s a known fact that every two seconds someone needs blood and each year thousands of lives are saved by blood transfusions, globally. Having said that, Transfusion Transmitted Infections (TTIs) are a global health concern. India has taken significant steps in line with the WHO guidelines to limit the prevalence of TTIs over the past few years . According to the latest data registered by WHO in 2020, of the 118.5 mn blood donations collected globally, 40% were collected in high-income countries, home to 16% of the world’s population. While this may give an indication of the number of patients benefitting through blood transfusions, another important aspect to consider is how many patients requiring transfusion get timely access to safe blood. Blood and blood components are life-saving but at the same time can often result in significant adverse events including immunologic reactions and infections, which can prove to be fatal. Transfusion Transmitted Infections (TTIs) a...

Diabetes – a growing health concern in India

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  A chronic metabolic disease, diabetes now affects more than 77 mn Indians, a number which is expected to grow to 134 mn by 2045. Diabetes and its types Diabetes occurs either when the pancreas doesn’t produce enough insulin to regulate blood glucose or when the body cannot effectively use the insulin it produces. The main types of diabetes are: Type 1: Previously known as Insulin Dependent Diabetes or Juvenile Diabetes, it is caused due to body’s malfunction to produce insulin. Type 2: This is caused due to insulin resistance, a condition in which cells fail to use insulin properly. This form was previously known as non-insulin dependent diabetes or adult onset diabetes. Besides this there is a third type, the Gestational diabetes that occurs in pregnant women, who develop a high blood glucose level without previous history of diabetes. Global prevalence of diabetes According to the International Diabetes Federation (IDF), there are 537 mn adults now living with diabetes and it...

World Thrombosis Day - how dangerous can blood clots be and why early detection is crucial

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  Thrombosis or blood clotting can be a clinically silent condition, proving to be critical without any warning signs. However, blood clots can be prevented and treated, if detected in time. On World  Thrombosis Day, Transasia Bio-Medicals sheds some light on the prevalence of VTE and its detection by a simple blood test such as D Dimer.  Blood clots - the first line of defense or a cause of concern? Blood clotting or coagulation is the body’s defense tactic against bleeding. In the case of an injury, the clotting system is activated to ‘plug’ the injury site and prevent excess blood loss. Once healed, the body breaks down the clot. In certain instances, the blood clot may fail to dissolve after an injury, or clots may form inappropriately, within a blood vessel, preventing normal flow. This process is called thrombosis. Know the different types Broadly speaking there are two main types - venous and arterial, depending on where the clot occurs. Arterial thrombosis can ...