2014 Compilation
Biotechnology
Nanotechnology
Information technology
Population
Urbanization
Disease and globalization
Resource management
Environmental degradation
Economic integration
Knowledge dissemination
Conflict
Governance
Biotechnology
In the span of a decade, biotechnology has evolved from an R&D initiative to a major commercial force in the agriculture and healthcare industries. Even other manufacturers should prepare for an increase in biotech applications as well.Companies that develop safe biotech applications accepted by the public and countries that address safety concernsa and provide support to Biotech will reap enormous profits.
In February 2013, the U.S. Food and Drug Administration approved, for the first time, a bionic eye. The eye allows individuals with a blindness called retinitis pigmentosa to detect light and dark.
Ernst & Young estimated the worldwide biotech industry revenue for publicly held companies to be $89.8 billion in 2012. Of that, the U.S. accounted for $63.7 billion.
Currently, the pharmaceutical industry is perhaps the biggest beneficiary of biotech.
global drug sales hit the $1 trillion mark last year for the first time in history. Genetically engineered drugs – drugs generated with living cells rather than with chemicals – account for an estimated 10 percent of the total global prescription drugs market.
China’s pharmaceutical market, worth $108 billion in 2005, is estimated to grow to $900 billion by 2020.
In 2010, the U.N.’s Food and Agriculture Organization predicted that global agricultural output must increase 70 percent by 2050 to feed the world’s anticipated population of 9 billion.
Source: Industrial Management, January - February 2014
http://www.iienet2.org/Details.aspx?id=36514
10 Breakthrough Technologies 2014 - MIT Review
Agricultural drones
http://www.technologyreview.com/featuredstory/526491/agricultural-drones/
Key companies - 3D Robotics, Yamaha, Precision Hawk
Ultraprivate smart phones
http://www.technologyreview.com/featuredstory/526496/ultraprivate-smartphones/
Brain mapping
Neuromorphic chips
Genome editing
Microscale 3-D printing
Mobile collaboration
Oculus rift
Agile robots
Smart wind and solar power
http://www.technologyreview.com/lists/technologies/2014/
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