Essay on "Nanomedicine the Healthcare Field"

Essay 4 pages (1154 words) Sources: 3

[EXCERPT] . . . .

However, as one might assume, technological devices and gadgetry are much more involved in nanomedicine laboratories. That is, nanomedicine research teams are often comprised of researchers from the fields of biology, medicine and technology. The initial process is technologically intensive in that technology professionals are tasked with the assignment of designing and constructing not only the nanobots themselves, but also the applicable software for the purposes of the specific research objective. In many cases, medical and biological professionals are required to educate themselves in the field of biotechnology and software so that they can assist in the process of creating functional software programs. Once a functional nanobot design is constructed it is then tested in blood samples (first healthy blood and then infected blood) from lab rats, chimpanzees and humans. These tests typically monitor responsiveness and speed. Finally, if the nanobots pass these critical test stages, they are then injected into living lab rats. Upon their injection, the nanobots are technologically engaged and monitored for responsiveness, speed, rejection rate, and applicability with reference to the desired objective. Ultimately, several studies have already been published showing the effectiveness of nanobots in killing diseases like diabetes and cancer in lab rats (Pickup, Zhi, Khan, Saxl, & Birch, 2008; Trafton, 2010).

With the advancement of this revolutionary field of medical study combined with the highly inelastic consumer demand for medical services, this approach to healthcare will certainly gain a great deal of public attention in its future stages. Today, the inelastic demand for healthcare has dri
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ven economic costs up over the last number of decades. Consumers continuously struggle to remain insured and to access health and medical services. Under the present American healthcare system, there are still extremely large demographics that cannot afford healthcare and are not able to access the services they desperately need. The privatization of this critical industry by the United States government has created an extremely profitable sector, while leaving many people bankrupt and sick. Even though several advances have been made in the healthcare industry over the last number of years, such improvements hold little water when they are only available to ultra-wealthy populations. Seemingly, the field of nanomedicine collectively possesses the capacity to solve many of these existing healthcare problems. Without the massive diversity and variety in healthcare products (like pharmaceuticals, machinery, doctor specialties, etc.), prices would fall and access to services would be streamlined. Thus, even aside from this field's potential ability to cure numerous life-threatening diseases, nanomedicine may also be able to solve many of this nation's current healthcare woes.

Bibliography

Bloomberg Businessweek. (2011). The Nanomedicine Laboratory. Retrieved November 23, 2011, from http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=108448530

Diaz, J. (2010, March). This Is the Future of the Fight Against Cancer. Retrieved November 23, 2011, from http://gizmodo.com/5501103/this-is-the-future-of-the-fight-against-cancer

Eaton, M. (2009). Nanomedicine: Industry-Wise Research. Journal of Nature Materials, 6 (1), 251-253.

Moghimi, S.M., Hunter, A.C., & Murray, J.C. (2005). Nanomedicine: Current Status and Future Prospects. The Journal of the Federation of American Societies for Experimental Biology, 19 (3), 311-330.

Pickup, J.C., Zhi, Z.-L., Khan, F., Saxl, T., & Birch, D.J. (2008). Nanomedicine and its Potential in Diabetes Research and Practice. Diabetes/Metabolism Research and Reviews, 24 (8), 604 -- 610.

The United Nations. (2011, May 3). World Population to reach 10 billion by 2100. The United Nations Press Release .

Trafton, A. (2010, October). New Nanoparticles Could Improve… READ MORE

Quoted Instructions for "Nanomedicine the Healthcare Field" Assignment:

Select a service or product in healthcare that may be in demand by the health care consumer now or in the future. Discuss the effects of consumer demand on medical care services or products versus the economic variable of cost, access, and supply. Support the perspective and rationale for the continued provision of a current service, or for the implementation of a new service or product, based on economic principles or supply chain models.

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Nanomedicine the Healthcare Field.” A1-TermPaper.com, 2011, https://www.a1-termpaper.com/topics/essay/nanomedicine-healthcare-field-certainly/3334419. Accessed 6 Jul 2024.

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