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                BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

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                    Egypt launches first center to support innovative non-banking fintech solutions – ZAWYA

                    Planning Ministry calls for green projects to finance after 18 won last … – Egypt Today

                    Saudi leads most Gulf bourses higher; Egypt down – Business Recorder

                    Egypt's Military Is Under Pressure to Loosen Its Grip on Economy – The Wall Street Journal

                    IBM brings intelligent automation software to Telecom Egypt to … – PR Newswire

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                    With 5.3% CAGR, Global Libya Cosmetics Market Size to Surpass … – Digital Journal

                    Eye Hospital opens one of the major operation departments in the … – The Libya Observer

                    The Oil Price Collapse Continues After Brief Respite – Yahoo Finance

                    Maaloul & Jaziri called-up for Tunisia's double-header against Libya – KingFut

                    Italy says 30 migrants missing after boat capsizes off Libya – Macau Business

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                        Journalists Held Over South Sudan President Video Are Freed – Voice of America – VOA News

                        Kiir, Machar put S. Sudan on edge as political rows escalate – The East African

                        South Sudan's president dismisses political rival's wife – KRDO

                        After Pope Francis’ visit, South Sudan relief charity sees renewed interest and prayers – Catholic News Agency

                        South Sudan: Al-Burhan Attends Signing Ceremony of Juba Peace … – AllAfrica – Top Africa News

                        South Sudan's oil and water give it bargaining power – but will it benefit the people? – The Conversation Indonesia

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                          Why bank carnage in the west may boost China's appeal – The Business Standard

                          Ambassador of Belarus S.Terentiev meets the Deputy Minister of Foreign Affairs of Sudan – ZAWYA

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                          • Tunisia

                            Violence in Tunisia prompts increase in migrants heading for Europe – Arab News

                            Burgan Bank resumes its sponsorship of Dar Al-Athar Al-Islamiyyah’s 27th Cultural Season – ZAWYA

                            Human rights groups urge EU ministers to put pressure on Tunisia – Arab News

                            Italy pushing IMF to help Tunisia and avoid instability, minister says – Reuters.com

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                              أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

                              أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

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                              GCC health authorities and industry leaders meet to discuss pharma regulations and innovations

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                              • Middle east
                                Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

                                Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

                                BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

                                BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

                                أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

                                أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

                                أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

                                أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

                                تتعاون بيوماب و جامعة محمد بن زايد للذكاء الاصطناعي في مختبر مشترك للحسوبة الحيوية

                                تتعاون بيوماب و جامعة محمد بن زايد للذكاء الاصطناعي في مختبر مشترك للحسوبة الحيوية

                                BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

                                BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

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                                  Medical Information Market Size to Grow at a CAGR of 7.9% During the Forecast Period 2021-2026

                                  admin by admin
                                  February 5, 2022
                                  in Press Releases
                                  Phototherapy Equipment Market Size Forecast to Reach $1.2 Billion by 2026
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                                  (EMAILWIRE.COM, February 02, 2022 ) The Medical information market contributed a value of $2.9 billion in the year 2020 and is poised to grow at a CAGR of 7.9% over the forecast period of 2021-2026. Medical information caters to the needs of biopharmaceutical companies, innovators and patients. It helps in facilitating the transfer of knowledge and information to the parties interested. Publications, Drug Developments and other reviews related to the product are some of the information asked by the parties interested. The role of Medical Information specialists entails providing the data of pre-clinical research performed in-house or through other research platforms to those interested. COVID-19 has further pushed the market, as the clinical trials have increased to produce drugs and vaccines, which in turn will help the medical information market. Information related to health insurance is also facilitated by the medical information market through their outsourcing unit.

                                  Developments such as IoT, AI, and Big Data will fuel the medical information market over the forecast period and makes the overall industry outlook evenly paced.

                                  Medical Information Market Segment Analysis – By Service Provider

                                  The medical information market is bifurcated into two segments, namely- In House and the other Contract Outsourcing. The latter segment, Contract Outsourcing dominated the market in the given domain. The accompanying reason is owing to the rise of COVID cases and the necessary need to find vaccines and drugs. Bio-Pharmaceutical Companies had to outsource their medical information needs to other contractors and service providers to exempt resources and costs associated.

                                  Over the forecast period of 2021-2026, the mentioned segment, Contract Outsourcing is set to dominate the medical information market and grow at a lucrative CAGR of 8.3%. The reason for the paradigm shift is to avoid the associated costs aligned with the medical information market, as the organizations need to obtain data management and proficiency skills, along with fulfilling the basic regulatory requirements. Another reason which will fuel this industry demands is that, by outsourcing these services, companies can work on their core revenue-generating activities.

                                  Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=19504

                                  Report Price: $4500 (Single User License)

                                  Medical Information Market Segment Analysis – By End Use

                                  The medical information market is segmented into three segments namely- Pharmaceuticals, Biotechnology and Medical Device Manufacturers. Pharmaceuticals dominated the market segment in the year 2020. The uprising demand was associated with the newly fed demand to manufacture drugs and vaccines to stop the spread of the pandemic. Pharmaceutical companies were paid upfront costs to research and develop drugs and vaccines, which in turn helped the medical information market as they helped in facilitating and providing various drug reactivity manuals and unsolicited documents. The demand for medical information also aided in answering various questions about adverse drug reactions and also helped in providing information to the general public.

                                  CAGR will continue to grow for the pharmaceutical segment at the swiftest pace of 8.5% over the forecast period of 2021-2026. The growing demand for medical information will be created by the “innovators”, as this segment requires a much higher data input of regulatory norms and fixtures.

                                  Medical Information Market Segment Analysis – By Geography

                                  North America dominated the regional segment by contributing a market share of 37.1% in the year 2020. The demand was created in this region owing to multiple regulatory norms and requirements to fulfil and approve for any drug, vaccine or device. Higher regulatory requirements fuel the medical information market, as product quality complaints and other needs can be facilitated by them.

                                  Asia-Pacific shows the highest potential for growth in the forecast period of 2021-2026. The medical Information Market is backed by new healthcare policies and regulatory requirements, along with a succeeding presence of billion-dollar pharmaceutical companies. India and China amongst the region of Asia-Pacific will cater to the demand for medical information as the labour cost in both countries are cheap compared to other countries.

                                  Medical Information Market Drivers

                                  Outsourcing is the new normal in Pharmaceutical companies

                                  The medical Information Market will be driven by the rising preferences of pharmaceutical companies to outsource this function to a subsidiary. The following method benefits both the parties, for one it helps in reducing the costs, for other, it helps in growing across regions.

                                  Elevated Regulatory Requirements

                                  The pandemic has shaped the world to find lucrative solutions, but this comes with rising regulatory requirements. The following reason will act as a driver for the medical information industry.

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                                  Medical Information Market Challenges

                                  Technology Integration

                                  Businesses planning to operate in this market will have to invest substantially higher amounts to cater to various technological needs. Although adopting technology offers better ROI, the upfront costs for deploying is on a higher end.

                                  Medical Information Market Landscape

                                  Acquisitions, Mergers and New Product developments are the ways by which the medical information market will develop. The top 10 companies operating in medical information markets are- IQVIA, Parexel International Corporation, C3i Solutions, PrimeVigilance, McKesson Corporation, Propharma Group, Accenture, Cognizant, Infosys Limited, and PharmCentre.

                                  Developments

                                  In June 2020, IQVIA announced a game-changer innovative solution known as “OCE Optimizer”. The following development aids the healthcare professionals to engage in refiner communication. The following solution works by intelligently drawing insights from various information sources and call reports. It will help the Medical Information Market service provider to grow in terms of revenues and will provide better solutions to the clients in concern.

                                  Key Takeaways

                                  North America took the majority stake in the medical information market for the year 2020. Owing to its medical infrastructure and regulatory frameworks, the medical information market was stationed affirmatively.

                                  Asia-Pacific poses to grow at a lucrative growth, owing to fresh investments across the medical fraternity that will, in turn, support the medical information market.

                                  Strength, Weaknesses, Opportunities and Threats would be provided in our premium report.

                                  Upfront costs are impeding research and development affairs that may hamper the growth of this industry.

                                  Related Reports:

                                  A. Oncology Information System Market

                                  https://www.industryarc.com/Report/16705/oncology-information-system-market.html

                                  B. Medical Outsourcing Market

                                  https://www.industryarc.com/Report/4338/Medical-Outsourcing-Market-Research-Report.html

                                  For more Lifesciences and Healthcare Market related reports, please click here

                                  About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



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