:: AZoNanotechnology Article
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Topics Covered
Background
Key Drivers To Nanomedicine In Healthcare
Emerging Technologies
Patient Centric Preventative Care
Informatics
Changing Demographics
Healthcare Economics
Restructuring Commercial R&D
Background
CPI recognises that the North East of England has an established
healthcare R&D capability that can be nurtured and further evolved to
innovate new healthcare solutions. The 21st Century will witness major transformations
in the healthcare sector to meet the increasing expectation of citizens.
At the same time, many Governments are struggling with existing and rising
healthcare costs driven by modern lifestyles and ageing populations.
Several firms operating in this sector
are experiencing a rapid increase in innovation costs and risks. Deep medical
practical experience, knowledge of emerging medical technology, an understanding
of healthcare economics and entrepreneurship will be key factors in maximising
return on private and public investment and in bringing new diagnostic devices
and medical treatments to market.
Key
Drivers To Nanomedicine In Healthcare
CPI has identified six key drivers influencing the transformation
of the healthcare sector, which will create many opportunities for innovation:
- Emerging Technologies
- Patient-centric preventative care
- Informatics
- Changing demographics
- Healthcare economics
- Restructuring commercial R&D
Emerging Technologies
Advances in genomics, proteomics, biosensors,
nano-scaffolds, lab-on-a-chip, nanoparticles, clinical diagnostics, silicon
quantum dots, optical analysis, terahertz imaging, smart drug delivery,
new generation implants, biocompatible materials and gene therapy technologies
are offering novel approaches and new thinking for innovating preventative
and personalised healthcare solutions
Patient
Centric Preventative Care
Increasingly, diagnosis and treatment
will be patient-centric. Personalised medicine, such as targeted drugs prescribed
in-line with the individual patient¡¦s metabolism, and point-of-care genetic
diagnostics for immediate near-patient prognosis will start to occur.
Informatics
Information technology will play an increasing
role in tomorrow¡¦s healthcare systems in areas such as bioinformatics,
electronic records, wireless technologies for interconnecting medical devices
to hospital computer systems, telemedicine, digital information resources
and remote patient monitoring and alarms via smart wearable devices. As
healthcare approaches decentralise, information and communication technologies
(ICT) offer effective solutions to integrate systems and analyse diagnostics
to aid prognosis
Changing Demographics
Changes in population demographics are
also driving the transformation of the healthcare sector. People are living
longer and in many developed countries the birth rate is falling resulting
in an ageing population. The European Commission predicts that, in Europe,
the population will peak around 2023 and then start declining. People's
lifestyles, knowledge and diet are also influencing change
Healthcare Economics
Governments today are challenged to manage their increasing
healthcare budgets. They are seeking new strategies to shift the focus away
from reactive 'cure' to more proactive 'prevention'. They favour early detection
approaches with the aim of lowering costs and lifting the quality of healthcare
services. Many governments are also looking at decentralising healthcare services,
such as increasing home visits to reduce pressure on hospital wards, point-of-care
diagnostics and paramedics attending only selected emergency calls
Restructuring
Commercial R&D
The cost of commercial R&D is soaring - the cost of innovating
new drugs since the mid 1990's has increased by a factor of 10. This is driving
structural change and shifts in the global healthcare industry. Increasingly,
large corporations are seeking to acquire new technologies from leading small
companies and universities in order to reduce costs as well as restructuring
their own organisations.
Source: CPI
For more information on this source please visit CPI.