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Frost Radar™ Positions 14 Top Growth & Innovation Leaders in Global Healthcare Data Interoperability

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Frost & Sullivan’s Benchmarking System Highlights Leading Companies Poised for Growth and Advancing Healthcare Interoperability

SAN ANTONIO, Sept. 3, 2024 /CNW/ — The healthcare data interoperability market is expected to reach $19.28 billion by 2028, growing at a compound annual growth rate (CAGR) of 18.3% from 2023. This rapid expansion is fuelled by regulatory pressures urging payers and providers to accelerate interoperability initiatives, ensuring seamless information flow through APIs and semantic interoperability.

Frost & Sullivan has meticulously vetted over 80 healthcare data interoperability vendors, identifying the leading 14 companies poised to revolutionise the industry with their rapid corporate growth and visionary innovation. These companies are recognised for their strong presence across multiple segments and their capacity to enhance data management and orchestration by facilitating seamless data exchange among internal and external sources.

“Beyond establishing data flow between patients, providers, and payers, market leaders and new entrants should expand their solutions to incorporate other key industry players, such as life science companies, laboratories, and pharmacies. By doing so, they can create a unified data aggregation and analysis platform, empowering end users with comprehensive insights to effectively manage and oversee the entire patient journey,” says Nitin Manocha, Growth Expert at Frost & Sullivan.

The adoption of Fast Healthcare Interoperability Resources (FHIR) as the standard for data exchange, along with the formation of national alliances, is helping stakeholders develop cross-organisational solutions that advance the industry toward its future state. The rising trend of mergers and acquisitions (M&As) in healthcare is also increasing demand for interoperability solutions. As the combined organisations look to build synergies, heavy API use will follow, creating the need for application integration tools to build connected systems.

As healthcare increasingly shifts towards virtual and at-home care models, the need for seamless communication and collaboration between different systems and devices is becoming critical to ensure optimal patient care. The expansion of retail health, mergers and acquisitions (M&As), the growing influence of pharmacists, and the rise of telehealth are adding new dimensions to the patient’s healthcare journey. Consequently, merging patient data into a single, comprehensive view is essential.

The Master Patient Index (MPI) segment is expected to experience rapid growth during the forecast period, with vendors working to develop both national and enterprise-level MPIs. Regulatory initiatives will play a crucial role in supporting these efforts, including the push for national patient identifiers, which will enable patients to seamlessly transfer their health records across different care settings.

Spotlight on Industry Leaders

The Frost Radar™ highlights the following growth & innovation leaders, setting the benchmark for excellence in healthcare data interoperability: athenahealth, ELLKAY, Innovaccer, InterSystems, MatrixCare, Onyx Technology, Optum, Oracle (Oracle Health), Orion Health, Progress Software Corporation (Progress), Rhapsody, Salesforce, Snowflake, and Veradigm.

The Frost Radar™ benchmarks these companies and their solutions, which enable the effective exchange and utilisation of data between healthcare applications. “Enhanced interoperability is essential for improving continuity of care, fostering communication and connectivity among stakeholders – including payors, providers, patients, and public health bodies – and reducing inefficiencies,” Manocha emphasises.

To learn more about the Frost Radar™: Healthcare Data Interoperability, 2024, please click here.

About Frost & Sullivan

Frost & Sullivan, the growth pipeline company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Pipeline as a Service provides the CEO and the CEO’s Growth Team with transformational strategies and best-practice models to drive the generation, evaluation, and implementation of powerful growth initiatives. Frost & Sullivan leverages over 60 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 40 offices on six continents.

To engage with our growth experts for more information, click here.

Contact: 
Kristina Menzefricke
Marketing & Communications
Global Customer Experience, Frost & Sullivan
kristina.menzefricke@frost.com
+44 (0)20 331 01228

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SOURCE Frost & Sullivan

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The Hottest Dog Bronchial Health Supplement on Shopee in 2024

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SEOUL, South Korea, Nov. 10, 2024 /PRNewswire/ — As a dog owner, you may have often heard your furry friend coughing, whether it’s a dry hack or a honking sound. Though it might seem trivial, these coughs can cause serious discomfort for your furry friend and create anxiety for you as a caring pet parent.

DOCTORBY’s BREATH CARE is a nutritional supplement designed to support bronchial health in dogs, currently gaining attention among many pet owners on Shopee.

Coughing in dogs can be triggered by various factors, including temperature fluctuations, strong air conditioning, and dust or debris inhaled during walks. Additionally, as dogs age, their bronchial immunity can weaken, leading to potential health issues.

BREATH CARE contains a blend of functional ingredients like the plant-based complex extract TF-343, magnesium, and propolis, which can help alleviate respiratory issues such as coughing and support the elimination of waste accumulated in the bronchial passages.[1] With a taste dogs love, it doubles as a treat, making it incredibly easy for pet owners to administer. Furthermore, it has passed heavy metal and toxicity tests, ensuring safety without the use of synthetic sweeteners or colorings.

Currently, BREATH CARE ranks as one of the top products in Shopee’s pet nutrition and supplement category. In May 2024, it achieved the number one sales position in the pet nutrition category on Shopee Singapore, garnering immense popularity. Shopee has reported a staggering 3,000% growth in sales compared to 2023. Notably, DOCTORBY has not only topped the charts on Shopee but has also held the number one position on Amazon Japan for 22 consecutive weeks, establishing itself as a leader in the South Korean pet nutrition market and rapidly expanding in the global market.

For cat owners, the cat-specific bronchial supplement, CAT BREATH CARE, is also enjoying tremendous popularity. Additionally, DOCTORBY offers a variety of health supplements, including ‘SKIN & COAT’ for skin support, ‘EYES CARE’ for eye health and tear stain improvement, and ‘HAIRBALL CARE’ to assist with hairball elimination in cats. In Singapore, DOCTORBY products are exclusively available on Shopee.

Enjoy fast delivery via Shopee’s reliable fulfillment services, with most orders arriving within 2 to 3 days for a satisfying shopping experience. Shopee also hosts monthly promotional events, such as Double Day and Pay Day, offering a range of exciting deals. Moreover, a special Mega Day event is planned for November 11, promising additional benefits for shoppers.

[1] Korean J. Food Sci. Technol. Vol.35, no.5, pp980-987 (2003)

 

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SOURCE DOCTORBY

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LG Display Succeeds in Developing World’s First Stretchable Display that Expands by 50 Percent

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SEOUL, South Korea , Nov. 9, 2024 /PRNewswire/ — LG Display, the world’s leading innovator of display technologies, announced today its unveiling of the world’s first Stretchable display capable of expanding up to 50%, the highest rate of elongation in the industry. At LG Science Park in Seoul on Nov. 8, the company demonstrated the panel at a meeting of more than 100 South Korean industry, academia, and research stakeholders involved in a Stretchable display national project.

Stretchable displays are seen as the ultimate free-form screen technology because they can be freely transformed into any shape, including by stretching, folding, and twisting.

The new prototype features a 12-inch screen that stretches up to 18 inches, while simultaneously delivering a high resolution of 100ppi (pixels per inch) and full red, green, and blue (RGB) color.

Compared to the first Stretchable display prototype unveiled in 2022, the new panel’s maximum elongation rate has more than doubled from 20% to 50%. This enhanced stretchability enables various display design possibilities, raising the technology’s potential competitiveness when commercialized.

By applying a number of new technologies, such as improving the properties of a special silicon material substrate used in contact lenses and developing a new wiring design structure, LG Display improved the panel’s stretchability and flexibility, exceeding the original national project’s target of 20% elongation.

In addition, by using a micro-LED light source of up to 40μm (micrometers), the new prototype’s strengthened durability means it can be repeatedly stretched over 10,000 times, maintaining clear image quality even in extreme environments such as exposure to low or high temperatures and external shocks.

Stretchable displays are not only thin and lightweight but also capable of adhering to irregularly curved surfaces like clothing and skin. They are expected to be widely applied in various industries, from fashion and wearables to mobility.

The company showcased numerous concepts for the application of Stretchable displays, including an automotive panel that stretches out into a convex shape and can be operated by hand as well as a wearable display attached to firefighters’ uniforms that provides real-time information.

LG Display was selected as the lead company for the national project to develop Stretchable displays in 2020 and since then has been conducting joint R&D with 19 domestic industry and research institutes. It is one of the major tasks of a wider project to develop core technologies for next-generation displays promoted by South Korea’s Ministry of Trade, Industry and Energy (MOTIE) along with the Korea Planning & Evaluation Institute of Industrial Technology.

By successfully completing the project, LG Display has not only secured core technologies that can lead the next-generation display market but also contributed to localizing materials, components, and equipment as well as building an R&D infrastructure.

“We will continue to build a sustainable future display ecosystem through close cooperation between South Korean industry, academia, and research stakeholders,” said Soo-young Yoon, CTO and Executive Vice President of LG Display.

About LG Display

LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world’s leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.

Media Contact:
Joo Yeon Jennifer Ha, Manager, Communication Team
Email: hjy05@lgdisplay.com 

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SOURCE LG Display

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Stay Better in China: Tell the Beautiful China to the World

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NANCHANG, China, Nov. 9, 2024 /PRNewswire/ — A report from Jiangxi International Communication Center (JXICC): Komurcu Busra, an international student from Nanchang University, talks about her life in China. She felt the simplicity of Chinese countryside and pure beauty of nature here. She wants to tell the beautiful China to the world.

https://www.youtube.com/watch?v=vQGbRJc4ncc

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SOURCE Jiangxi International Communication Center(JXICC)

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