10 pharmaceutical technologies that will pave opportunities in the healthcare industry

10 pharmaceutical technologies that will pave opportunities in the healthcare industry

An important part of the total research and development of countries is channelled by the pharmaceutical industry. It contributes to almost 13% of total R&D in Europe. The global pharmaceutical market is expected to collect a revenue avenue of around $1170 billion by the end of 2021, growing at a CAGR of 5.8% annually. The growing rate of evolution and emergence of diseases coupled with the industrial revolution 4.0 are giving rise to various technologies, which are set to create a positive impact on the pharmaceutical industry. These diverse changes will create opportunities for several market leaders creating jobs for the career pursuers.

Here are some of the latest pharmaceutical technologies that will re-invent healing and upgrade the healthcare industry :-

Personalized Medicine
Through the transformation of DNA into data through genome sequencing, information can be obtained that helps in the development of an approach to merge molecular and clinical information to study the biological basis of disease. These will be then studied by researchers to make effective drugs for specific patients.

Artificial Intelligence (AI)
While AI is making a mark on every industry, the pharmaceutical industry is nothing less. Various potential AI-based tools are being explored to discover new lead compounds and drug agents to figure out their properties and risks. Also, AI-based software is assisting in making chemical synthesis to get interesting compounds. AI is also used to analyse various clinical trials and data. For instance, IBM Watson is used to analyzing huge data for research and biotechnology.

mHealth Sensors
Just like anything can be done through smartphones, pharma researchers are developing upgraded healthcare that will be accessible through smartphones. With advanced processors and sensors, they can measure, track and record movement, information and others to improve the sector. Apple has some mhealth apps already in their system. With some modifications, they are trying to diagnose diabetes, asthma, cardiovascular disease and breast cancer.

Nanotechnology
Researchers are trying to gauge the potentiality of nanobots or microscopic robots, which can be easily consumed by patients like pills or injections. These will act as nanoparticles travelling around the human body through the bloodstream and deliver anti-cancer drugs.

3D Printing
Many patients face the issue of swallowing medicines. With the help of this technology, a pill can be made by spreading layers of drugs over one another. It has the ability to deliver almost 1000 mg dose of medicine. On the other hand, Cellink is one of the first 3D printable bioink producers of the world, who manufactures inks that can grow human cells. They are also currently making bioprints of body parts like noses, ears for cosmetics and drug testing.

Bioinformatics
This is a social media program where patients will connect online and exchange experiences with various diseases. This will act as a technology driver to develop therapies to enhance the healthcare system at a low cost.

Robotic Surgery
Automation is advancing every day and in the coming years, we can see a robot performing surgery on its own. This technology will help surgeons perform complex and delicate surgeries involving difficult methods.

Cell-free Fetal DNA Testing
Earlier fetus' cells were extracted from pregnant women to test chromosomal defects like Edwards’s syndrome and down syndrome. This test often had the risk of miscarriage and increased the stress of pregnant women. However, the advanced technology has made it easier and the test can be done directly from a mother's blood and is not harmful to the baby or mother.

Localized Drug Delivery
A pharmaceutical research organisation developed two drug technologies that can deliver drugs at a specific site. While microcapsule technology can be injected or delivered at the site of injury like a fine mist spray, nanocoating technology is applied to pain pumps, pacemakers, artificial limbs and other biomedical devices.

Synthetic 3-D Tumours
This technology gives an enhanced look about tumours behaviour and how they would respond to treatments. It helps the researchers to understand the development, metastasis, invasion, and treatment of cancer cells from patients.

With these technologies, the life of people will be surely increased and complex diseases can be well handled. Also, these technologies will create more opportunities for the pharmacy industry and contribute to the development in the coming years.

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