2 minute read
Industry Trends: By The Numbers
Compiled by Cari Kraft, Jacobs Management Group, Inc.
450,548,197
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Covid-19 tests worldwide
As of April 30, 2020, over 450 million Covid-19 tests had been conducted around the world, yet countries continue to ramp up their testing capabilities and assess which tests are most accurate. Source: Our World In Data, Total COVID 19 tests, April 2020
291
Active clinical trials on COVID-19
As of April 2, there were 291 trials specific to Covid-19. Of these 291 trials, approximately 109 trials (including those not yet recruiting, recruiting, active, or completed) included pharmacological therapy for the treatment of COVID-19 in adult patients. Of these 109 trials, 82 are interventional studies, with 29 placebo-controlled trials. Per description of the studies, there are 11 phase 4, 36 phase 3, 36 phase 2, and 4 phase 1 trials. Twentytwo trials were not categorized by phase or not applicable. Source: JAMA. Published online April 13, 2020. doi:10.1001/jama.2020.6019
88%
Suppression rate of Covid-19 in South Korea with help of mobile app
There is growing evidence that epidemic control is enhanced with digital contact tracing via apps. South Korea has achieved sustained epidemic suppression: 76 new cases on March 24, down from a peak of 909 on February 29, a decline of 88%. South Korea is using a mobile phone app for recommending quarantine. Source: Science, Mar 31,2020
250,000
Data points from wearables help researchers track patients
Michael Snyder, a professor of genetics and director of the Center for Genomics and Personalized Medicine at Stanford, says a typical wearable device “will measure 250,000 data points per day,” offering a treasure trove of health data for researchers, including heart rate, sleep patterns and skin temperature. There is a Stanford study and a Scripps study, both involving crowdsourcing participants who use wearable devices, including Fitbit, Apple, Garmin and others. The first step is training algorithms to establish ranges for participants’ baselines readings, so they can then recognize when there is a significant change from normal levels. Source: Forbes, April 17, 2020
65K
Number of field-based sales reps in US
The industry has 65,000 field-based sales reps who are distributed throughout the country roughly in proportion with the U.S. population. This is one of a host of resources that aren’t being optimized during the pandemic. The trick is to figure out how to tap these resources – which also include information-sharing platforms and data sets that reveal local treatment patterns – and repurpose them to fill the gaps. Source: ZS, as reported in Biopharmadive, April 2020
$36.88B
Anticipated 2026 size of healthcare cyber security market
Covid-19 is rapidly raising the size of the healthcare cyber security market. A report from Market Growth Insight gives reliable market forecasts showing that the sector should rise from $6.88 billion in 2017 to $36.88 billion by 2026 growing at a CAGR of 20.5% during the forecast period. Source: Market Growth Insight, April 4, 2020