Grand Opportunity

Healthcare & Life Sciences

Navigating through the technology hype

What is the grand opportunity?

The healthcare, pharmaceutical, and food and beverage industries are currently undergoing a variety of transformations. These transformations are being driven by customer demand for more sustainable practices that close the circular economy loop and by the development of improved methods for personalising foods and medicines for individual customers. For example, emerging game-changing technologies related to microbial fermentation, alternative ingredients and formulations, and speech virtual assistants will unlock new business opportunities in this sector over the next two years. These developments will be especially relevant for industries developing products related to biotechnology, alternative foods, and telemedicine. CamIn will guide you away from the potential pitfalls and help you use the opportunities created by new technologies to enter new industries, markets, and implement new business models.
12

Billion dollar estimated size of the market for cell & gene therapies by 2025

75

of healthcare service providers have expressed interest in using telemedicine services after COVID-19

Which Industries Will Benefit The Most From Healthcare & Life Sciences Technologies?

Download our latest insight identifying which industries will benefit the most from the healthcare & life sciences over the next two years.
Which Industries Will Benefit The Most From Healthcare & Life Sciences Technologies?

Biotechnology

Microbial Fermentation

Over the next two years, game-changing technologies in microbial fermentation will create opportunities to develop new medical and industrial products, as well as new types of foods and alcoholic beverages. Innovations in microalgae, enzyme technologies, synthetic biotechnology, biomass chemistry, and industrial fermentation will increase yields, improve the quality of products, and reduce the time and costs required for production. We are now entering the post-genomics era when many genomes of fungi, plants, and microorganisms have been sequenced. This enables the selection of markers and improved cellular transformation strategies. In addition, as part of the circular economy movement, microbial fermentation technology can offer ways to utilise food waste as raw materials to transform processes towards environmentally friendly alternatives for medical-grade products.

Cell & Gene Therapy

Recent innovations in cell and gene therapy, such as the advances related to CAR-T, stem cells, siRNA, oligonucleotides, gene editing, and viral transfections are helping to move cell and gene therapies from clinical trials into practice. Recent trials of CAR-T therapy have confirmed an increase in both potency and targeting when combining chimeras with CART-T cells. For gene editing techniques, even though CRISPR, TALENs and Zinc Fingers are established technologies, recent advances in SSRs, ZFNs and meganucleases are allowing faster multiplexing and easier introduction of multiple genes into cells. Such processes have already allowed the generation of more potent anti-cancer T cells. Lastly, recent innovations in electroporation has increased yields and reduced the cost of viral vector manufacturing by developing gentler methods of permeabilizing cell the mechanical and chemical disruption.

Alternative Foods & Systems

Alternative ingredients & formulations

Over the next two years, game-changing technologies in plant proteins, mycoproteins, probiotics, and alternative functional ingredients will help the food and beverage industry make progress towards healthier high-protein, vegan, and dairy-free alternatives. New innovations in nanoencapsulation technologies have extended the shelf-life of products containing probiotics and encapsulated antioxidants, both of which are often difficult to integrate into functional foods. Customer demands for food and beverage producers to reduce food waste and help close the circular economy loop are increasing. Meeting such demands has created new business opportunities in using food surplus, upcycled, and rescued ingredients into sustainable alcoholic beverages, snacks, and bio-materials packaging. Lastly, increasing growth in demand for alternative sources of proteins, such as pea protein and soy protein, is creating new opportunities in the fortified dairy-free products industries, including new types of non-dairy milks, yoghurts, and cheeses.

Last-mile personalised food delivery

Over the past two years, the demand for personalised nutrition and home delivery of healthier and more sustainable food has grown significantly. Meeting this demand may be challenging, as the costs associated with the conventional production of fresh meals are higher, requiring fresh ingredients, more equipment, and fast last-mile delivery of meals to customers. However, the recent emergence of portable “ghost kitchen” businesses in combination with smaller autonomous last-mile delivery vehicles and drones for high-payload delivery have created opportunities to reduce both production and delivery costs and create branches with smaller kitchens across the catchment area. In addition, smarter portable chilling systems—such as pressure-injected cyclopentane foam—and heating systems—such as tray-sized inductive heating plates—allow fresh meals to be maintained at appropriate temperatures on their journey from the kitchen’s tray stack to the customer’s plate.

Telemedicine

Speech Virtual Assistants

Speech Virtual Assistants (VA) are systems that enable conversational interactions between a human and computer enabled by AI and other advanced technologies. These systems have already proven effective as a hands-free method for requesting information and obtaining answers to simple queries. However, they also have potential as a clinical diagnostic tool, as patterns of speech and changes in speech are detectable with AI monitoring. Such systems could be used detect changes in a patient’s speech patterns over time, track the progression of cognitive conditions such as Parkinson’s or Alzheimer’s, and measure a patient’s improvement during a speech therapy program.

Computer image recognition

Computer image recognition applied to phone-captured images is advancing the state-of-the-art and enabling the remote diagnosis of skin conditions, such as carcinomas, rashes, and diabetic wounds. Deep learning AI neural networks trained to recognize these conditions and allow the patient to monitor their own condition with greater convenience and frequency. This technology is also being deployed in a variety of other industries to automate and improve visual inspection processes.

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