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Follow on Google News | ![]() BizTechReports Features Insights from Boston Consulting Group, Frost & Sullivan and ABI ResearchLatest Roundup Offers Analyst Perspectives on: Global Wealth, Personalized Medicine and Machine Learning
By: Biztechreports Boston Consulting Group finds that global wealth reached a record high of $530 trillion in 2021, fueled by strong equity markets and a surge in demand for real assets. Despite current geopolitical and economic destabilizers, approximately $80 trillion in new wealth is likely to be created over the next five years. To read more, please visit: https://www.biztechreports.com/ New technologies, sequencing methods, novel software algorithms, and multi-omic (such as genomes and biomes) analysis are empowering patients to take more active control of their health outcomes. It also offers an opportunity for patients to take advantage of a new generation of personalized medicine, according finds Frost & Sullivan. As the forces of change and new partnerships forge the foundation for better engagement with patients, personalized medicine revenue is expected to grow from $99.23 billion in 2021 to $138.34 billion by 2026. To read more, please visit: https://www.biztechreports.com/ In recent years, the industry has witnessed the migration of Machine Learning (ML) closer to the data source to create a better user experience and enhance privacy. To ease the challenges in design and development while accelerating adoption, many companies are offering development platforms, tools, libraries, and solutions for edge ML applications. ABI Research expects the edge ML enablement market to exceed $5 billion by 2027. To read more, please visit: https://www.biztechreports.com/ BizTechReports is a syndicated independent reporting agency with offices in the Washington, D.C. area that is dedicated to covering the researchers, analysts, consultants and industry influencers who report on the new developments that are making a difference with how it is that we live our digital lives. End
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