What Are the Top 6 Growth Opportunities for Clinical Diagnostics That You Can Capitalize On?
Approval of new tests and laboratory automation solutions are driving transformational growth
Overview
Accounting for 2%-3% of total healthcare expenditure and influencing 70% of clinical decision-making, diagnostics is the silent champion supporting all stages of precision health, including risk stratification, screening, early diagnosis, prognosis, monitoring, and relapse.
The discovery and translation of blood-based neurology biomarkers, sustained growth in drug-diagnostic combinations seeking regulatory approval, and unique opportunities in rapid antimicrobial resistance diagnostics necessitate built-in adaptability in diagnostics applications to improve therapeutic decisions and transform precision healthcare pathways. Moreover, given the persistent challenges the sector is facing, including the pathology workforce shortage, accuracy concerns, and uneven distribution of prices and resources, cloud-based solutions, remote access, and real-time data monitoring are evolving unprecedentedly and promising to reshape operations globally.
As the sector undergoes a seismic shift to improve therapeutic decisions and transform precision pathways, the trifecta of technological advancements, market demands, and patient expectations is transforming the global diagnostics ecosystem. The need to make products and services more affordable, reduce capital expenditure, and free up funds to improve cybersecurity will forge demand for greater diagnostics efficiency. The key for stakeholders will be to upgrade products' information technology (IT) components through dashboards and real-time analytics and forge.
- How can your team leverage blood-based neurology biomarkers to accelerate growth in the diagnostics industry?
- What role do real-time data monitoring, remote access, and cloud-based solutions play in driving growth within diagnostics?
- What are the best practices for developing diagnostics solutions that align with the shift towards precision healthcare pathways?
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