Wednesday, 20 April 2022

Europe Calcium Carbonate Market Booming Trends and Forecast Assessment for the Period 2022 to By 2030

 Europe Calcium Carbonate Market Growth & Trends

The Europe calcium carbonate market size is anticipated to reach USD 14.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2022 to 2030. The market is predominantly driven by the increasing product utilization in several applications such as paper, plastics, and concrete manufacturing. Calcium carbonate is widely used in industrial fillers due to superior properties such as special white color, light scattering and high brightness and inexpensiveness as compared to wood flour or sawdust. This, in turn, is expected to fuel market growth over the forecast period.

Growing demand from the rubber industry for nano calcium carbonate as an effective and cheap substitute to carbon black, owing to its superior chemical properties, is expected to propel the demand. Moreover, the rising requirement of upgrading the infrastructure in the region is expected to increase the demand for calcium carbonate in Europe owing to its surged usage in paint, coating, adhesive, and sealant industries. Growing application of ground calcium carbonate in other end-use applications such as rubber and elastomers, animal and pet feeds, plastic and composites, paints and surface coatings, carpet backing, household products, construction, food and pharmaceutical, glass and ceramics, construction (asphalt, plasters, concrete), fertilizers, and agriculture liming is expected to trigger product growth in the near future.

PCC offers improved opacity and gloss compared to GCC. It is also used as an alternative to additives and wood pulp for manufacturing high-quality paperboard and paper as it is a cost-effective mineral. In Europe, the market is characterized by the presence of various domestic and global players, such as Imerys, Omya AG, Carmeuse, Lhoist, CALCIT doo, and Nordkalk Corporation among others. Key manufacturers are engaging in mergers, acquisitions, and collaborations to expand their geographical footprint in the market. Growing competition in terms of product development is likely to pave way for more opportunities in the end-use application industry such as water treatment, plastics, and paper across the region.

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Europe Calcium Carbonate Market Report Highlights

  • The GCC segment accounted for revenue share of more than 83.0% in 2021 owing to its high brightness and affordable cost. The product is used in dietary supplements to maintain the strength of muscles, bones, heart, and nervous system which is driving the market
  • The industrial fillers segment dominated the application segment and is expected to witness a CAGR of 3.6% over the forecast period as it improves thermal conductivity, energy savings, offers higher output, a faster conversion rate, and reduces shrinkage and warping. Furthermore, the environmental benefits associated with the product in the production of plastics are to propel the demand for the segment over the coming years
  • In France, the market is expected to witness the fastest CAGR of 5.9% from 2022 to 2030 in terms of revenue, on account of the favorable government policies and increasing foreign investment are expected to drive the market. Moreover, the rising household income is favoring the growth of the construction sector, which is anticipated to trigger calcium carbonate consumption over the forecast period
  • The key market players are adopting various strategies including acquisitions, mergers, geographical expansion, and product portfolio expansion to enhance their market position and to increase their customer base. For instance, in In April 2020, Imerys transformed its calcium carbonate to support the rubber glove manufacturers. This step was taken to meet the unprecedented demand for medical gloves due to the COVID-19 outbreak

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-calcium-carbonate-market-analysis

Europe Calcium Carbonate Market Segmentation

Grand View Research has segmented the Europe calcium carbonate market on the basis of product, application, and region:

Europe Calcium Carbonate Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • GCC
  • PCC

Europe Calcium Carbonate Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Industrial Fillers
  • Rock Dust
  • Water Treatment
  • Citric Acid Production
  • Others

Europe Calcium Carbonate Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Europe
    • Germany
    • UK.
    • France
    • Italy
    • Spain
    • Russia
    • Norway
    • Denmark
    • Sweden
    • Finland

List of Key Players of Europe Calcium Carbonate Market

  • Imerys
  • Omya AG
  • SIBELCO
  • ACCM
  • Nordkalk Corporation
  • Carmeuse
  • euroMinerals GmbH
  • CALCIT doo
  • Lhoist
  • Provencale SA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Global Market For Product Lifecycle Management to Witness Tremendous Growth and Expansion by 2030

 

Product Lifecycle Management Market Growth & Trends

The global product lifecycle management market size is expected to reach USD 54.36 billion by 2030, registering a CAGR of 8.6% from 2022 to 2030, according to a new report by Grand View Research, Inc. Product lifecycle management is gradually advancing and witnessing continuous developments in the form of improved software capabilities. In addition to this, the demand for robust data analytics software platforms is also increasing and has been augmented by the evolution of core technologies such as blockchain, artificial intelligence, machine learning. Furthermore, the emergence of smart products and factories by small-scale enterprises is expected to open new avenues for the market players. These smart products have complex functionalities in terms of connectivity, security compliances, and others. Hence, the increasing demand for connected devices is anticipated to drive the growth of the product lifecycle management market over the forecast period.

Over the past few years, the product lifecycle management market has been witnessing several new developments, particularly in the end-use sectors to increase transparency in supply chain & manufacturing processes. Product lifecycle management software has the potential to offer improved supply chain accuracy, lower lead times, and increase sales. For instance, in June 2021, Accenture, an Ireland-based company that provided professional services, acquired DI Square, a Japan-based IT company specialized in data analytics software, for firm’s consulting for product lifecycle management (PLM) and application lifecycle management (ALM) systems integration. This acquisition of DI Square will increase Accenture’s engineering expertise for the automotive and other manufacturing clients in Japan and other markets.

The growing need for the latest IT technologies, such as cloud computing, Artificial Intelligence (AI), big data, and communication technologies, such as 5G, is expected to open new opportunities for the adoption of product lifecycle management solutions in various end-use industries. Several large enterprises are already pursuing a cloud-first strategy for deploying their enterprise software and other systems. It has led to the amalgamation of interconnected devices, robots, and a quick knowledge network within a factory environment. Moreover, the PLM cloud deployments are mostly focused on non-conventional industries and small and medium enterprises. It allows the manufacturers to consolidate information about product development, streamline or change orders and requests, and improve communication with the suppliers. In addition to this, the increasing specialization in customer experience, rapid implementation times, and deeper integration capabilities are propelling the growth of the market over the forecast period.

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Product Lifecycle Management Market Report Highlights

  • The design and engineering management segment accounted for a significant market share of over 30% in 2021. The design and engineering PLM software is extensively used by the manufacturing sector to manage designing, development, and engineering processes for continuous industrial digitization. For instance, Dassault Systèmes use CATIA, an engineering and design leading software for product, which is used to design, simulate, analyze, and manufacture products in various industries including aerospace, automotive, consumer goods, and industrial machinery
  • The cloud segment is expected to register a significant CAGR of 9.0% over the forecast period. The segment growth can be attributed to an increase in demand for customer management, integration into Enterprise Resource Planning (ERP) system, IoT, and managing re-engineering in real-time
  • The automotive and transportation segment is expected to register a significant CAGR of 7.7% from 2022 to 2030. The increasing use of digital manufacturing and the rising integration of IoT in producing autonomous cars is one of the key trends expected to drive the automotive and transportation market during the forecast period
  • North America is expected to reach USD 17.97 billion by 2030. The region is expected to continue dominating the market over the forecast period in line with the aggressive adoption of next-generation technologies, such as IoT, additive manufacturing, augmented reality, and telecommunications technologies, such as LTE and 5G

Access Press Release@ https://www.grandviewresearch.com/press-release/global-product-lifecycle-management-market

Product Lifecycle Management Market Segmentation

Grand View Research has segmented the global product lifecycle management market based on software, deployment, end use, and region:

Product Lifecycle Management Software Outlook (Revenue, USD Million, 2017 - 2030)

  • Portfolio Management
  • Design & Engineering Management
  • Quality & Compliance Management
  • Simulation, Testing, & Change Management
  • Manufacturing Operations Management
  • Others

Product Lifecycle Management Deployment Outlook (Revenue, USD Million, 2017 - 2030)

  • On-premise
  • Cloud

Product Lifecycle Management End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Aerospace & Defense
  • Automotive & Transportation
  • Healthcare
  • IT & Telecom
  • Industrial Equipment & Heavy Machinery
  • Retail
  • Semiconductor & Electronics
  • Others

Product Lifecycle Management Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa (MEA)

List of Key Players in the Product Lifecycle Management Market

  • ANSYS, Inc.
  • Aras Corporation
  • Arena Solutions, Inc.
  • Oracle Corporation
  • SAP SE
  • AUTODESK, INC.
  • Siemens AG
  • PTC Inc.
  • Dassault Systèmes
  • Synopsys Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Tuesday, 19 April 2022

Proactive Services Market to Register Stable Expansion During 2022 – 2030: Grand View Research Inc.

 Proactive Services Market Growth & Trends

The global proactive services market size is expected to reach USD 18.19 billion by 2030, and register a CAGR of 20.3% from 2022 to 2030, according to a new report by Grand View Research, Inc. The heightened customer expectations, increased use of smartphones, and high adoption of e-commerce and other shopping applications have triggered the need for proactive services. Benefits such as increased availability and uptime, lower operational cost, increased brand loyalty, and better retention rate among others will further support the growth of proactive services. Implementing the latest technologies such as Artificial Intelligence (AI), advanced analytics, and Machine Learning (ML) helps differentiate the types of customers and offers them personalized experiences, which is expected to drive market growth.

The adoption of proactive services allows the organization to not only meet regular customer expectations but also understand their latent needs. Proactively reaching out to customers before an issue arises helps in strengthening the customer relationship. Moreover, the implementation of proactive services can protect organizations against escalations by identifying negativity at the earliest warning. By utilization of real-time data, proactive services help accurately categorize the customers which can further be used for offering customized products and services. Additionally, proactive services allow customers to give valuable feedback that in turn helps organizations to improve their productivity by correctly understanding areas of improvement.

Large enterprises are implementing proactive services to gain a competitive advantage over others, whereas more and more startups and Small and Medium Enterprises (SMEs) are also observed to take the help of proactive services for strong brand establishment. A reactive business model faces more inbound calls which can be costly for business, thus, to manage cost and save time organizations prefer to identify and remediate the issue before they turn into bigger problems. For instance, Facebook provides content on their website and mobile application that would answer frequently asked questions. In this way they reduce the chances of support tickets being raised, Facebook would additionally allow users to connect with their dynamic help section that provides documentation on various topics.

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Proactive Services Market Report Highlights

  • The managed servicesegment accounted for the largest revenue share of over 35% in 2021, attributable to the benefits that this segment offers such as IT monitoring with zero blind spots, compliance to service-level agreement requirements, reduced operational expense, and enhanced operational efficiency among other
  • The artificial intelligence segment is expected to observe the highest CAGR of 21.3% during the forecast period. AI offers multiple capabilities to organizations such as advanced search options, recommendation mechanisms, automated decision making, and voice recognition, among others. All these features help in delivering proactive services, moreover, it supports sophisticated analytical capabilities which is one of the most crucial factors driving the growth of the segment
  • The small and medium enterprise is anticipated to witness an exceptional CAGR of 22.1% during the forecast period. It can be due to multiple benefits that SMEs can avail while implementing proactive services such as increased operational efficiency, reduced operational cost, and access to enterprise-level support
  • The end-point management segment is anticipated to register a considerable CAGR of 22.1% over the forecast period. This segment has strong demand due to its ability to supervise and authenticate the access rights of endpoint devices. With the ease of automation comes the risk of security, thus, to reduce security threats and ensure adherence to security policies organizations are investing resources into end-point management
  • The retail segment is expected to witness a significant CAGR of 20.1% during the forecast period owning to fulfilling heightened customer expectations and keeping the customers aware and update about the latest offerings. Additionally, the retail industry is focusing on offering personalized products and services which can be conveyed to customers with the help of proactive services
  • North America is expected to reach USD 5.66 billion by 2030. The region has a strong demand for proactive services due to the growing retail sector that highly believes in delivering customized products and services. Additionally, North America supports stable IT infrastructure which is very essential for smooth implementation of proactive services

Access Press Release@ https://www.grandviewresearch.com/press-release/global-proactive-services-market

Proactive Service Market Segmentation

Grand View Research has segmented the global proactive services market based on service, technology, enterprise, application, end-use, and region:

Proactive Services Outlook (Revenue, USD Million, 2017 - 2030)

  • Design & Consulting
  • Managed Services
  • Technical Support

Proactive Services Technology Outlook (Revenue, USD Million, 2017 - 2030)

  • Analytics
  • Artificial Intelligence
  • Others

Proactive Services Enterprise Outlook (Revenue, USD Million, 2017 - 2030)

  • Large Enterprise
  • Small & Medium Enterprise

Proactive Services Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Cloud Management
  • Customer Experience Management
  • Data Center Management
  • End-point Management
  • Network Management
  • Others

Proactive Services End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • BFSI
  • Government
  • Healthcare
  • Manufacturing
  • Media & Communications
  • Retail
  • Others

Proactive Services Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • MEA

List of Key Players in the Proactive Services Market

  • Microsoft Corporation
  • Symantec Corporation
  • Fortinet, Inc.
  • Juniper Network, Inc.
  • Avaya Inc.
  • DXC Technology Company
  • Hewlett Packard Enterprise Company
  • Huawei Technologies Co., Ltd
  • International Business Machines Corporation
  • Cisco Systems, Inc.
  • LivePerson, Inc.
  • NICE
  • Genesys

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Goat Milk Products Market To Hold a High Potential for Growth by 2030: Grand View Research Inc.

 Goat Milk Products Market Growth & Trends

The global goat milk products market size is anticipated to reach USD 17.90 billion by 2030, registering a CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. The global market is predominantly driven by the increasing demand for goat milk in infant food and follow-on formula. In addition, goat milk is considered healthier than cow milk owing to its nutritional profile. According to Ausnutria Dairy Corporation Ltd., the demand for goat milk is increasing in infant foods and follow-on formula products application. This is on account of the easy digestibility of goat milk and its high nutritional quality. In addition, it contains all essential amino acids with a high Digestible Indispensable Amino Acid Score (DIAAS).

It also contains naturally higher nucleotide levels, which are important for cell metabolism, and has a high level of oligosaccharides, which are essential elements as they act as a prebiotic. All these benefits associated with goat milk are driving its demand among consumers and manufacturers. The prices of goat milk products were observed slightly high in some countries in 2020 owing to the disruption in the supply chain due to the outbreak of Coronavirus. As per the National Center for Biotechnology Information (NCBI), Asia Pacific is the largest producer and consumer of goat milk in the world. The market is developing in countries, such as New Zealand and China, which do not have a tradition of goat milk.

India remained the world’s largest producer of goat milk products. The lower-middle-class group in the country has the majority of goats and deliver milk to dairies. In 2019, the total goat milk production in India was recorded at around 5.4 million tons. India is the largest producer of goat milk in the world. The country alone accounts for approximately one-fourth of the global production. Europe is the second-largest market. Germany, Italy, and France are the major contributors to the Europe regional market. Germany is the largest importer and exporter of goat milk in the world. France is the largest producer and Italy is the largest consumer of goat milk in the region.

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Goat Milk Products Market Report Highlights

  • The powdered product segment is expected to register the fastest CAGR over the forecast period
  • The demand for powdered goat milk is increasing among both consumers and manufacturers mainly due to long shelf life, which played a key role during pandemic-induced lockdown
  • The demand for powdered milk is increasing among infant formula manufacturers owing to its high nutritional value, low sugar, high beta-casein, and lower alpha S1-casein, which help in easy digestion
  • The B2B segment is expected to witness the CAGR over the forecast period. This is due to the increasing demand for various goat milk products, such as chevre, butter, cheese, flavored milk, and yogurt among others

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Goat Milk Products Market Segmentation

Grand View Research has segmented the global goat milk products market on the basis of type, distribution channel, and region:

Goat Milk Products Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Liquid Milk
  • Powdered Milk

Goat Milk Products Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • B2B
  • B2C
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Online Retail
    • Others

Goat Milk Products Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK.
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • South Africa

List of Key Players of Goat Milk Products Market

  • Ausnutria Dairy Corporation Ltd.
  • AVH Dairy Trade B.V.
  • Goat Partners International
  • Holle baby food AG
  • Meyenberg
  • Redwood Hill Farm & Creamery
  • St Helen's Farm
  • Stickney Hill Dairy Inc.
  • Woolwich Dairy Inc.
  • Xi'an Baiyue Goat Dairy Group Co. Ltd. (Baiyue)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

U.S. Hospital Facilities Market to Exhibit Impressive Growth During 2022– 2030: Grand View Research Inc.

 U.S. Hospital Facilities Market Growth & Trends

The U.S. hospital facilities market size is expected to reach USD 2,540.4 billion by 2030 and is expected to expand at a CAGR of 7.62% over the forecast period, according to a new report by Grand View Research, Inc. According to the American Hospital Association (AHA), there were more than 36.2 million patients admitted to U.S. hospitals, in 2021. Hospital services include a broad range of medical offerings, ranging from essential health care to training & research for major medical school centers to services developed by an industry-owned network of institutions, such as Health Maintenance Organizations (HMOs). According to the CDC, in 2018, around 130 million people visited emergency departments, out of which, 12.4% of the visits resulted in hospital admission.

Hospitals provide treatment for a variety of indications, including neurology, cardiology, infectious disorders, gastrointestinal diseases, and psychiatric disorders. The rising prevalence of these illnesses is contributing to the high frequency of visits. Moreover, as the elderly population frequently requires emergency care, the growing geriatric population in the U.S. is contributing to a rise in the number of medical visits, thereby driving the market growth. The COVID-19 pandemic adversely impacted the U.S. healthcare system. Healthcare facilities across the U.S. were facing both financial and organizational difficulties. One of the major steps taken by the hospitals at the start of the pandemic was to delay the elective procedures that culminated in the hospital’s monumental monetary losses.

According to the AHA, COVID-19 Financial Impact Report Estimates, due to canceled services during the pandemic, non-federal hospitals lost around USD 161.4 billion in income during the four-month period from March 2020 to June 2020. Furthermore, for COVID-19 hospitalizations, between March 2020 and June 2020, the country’s hospitals and health systems collectively lost around USD 36.6 billion, including payments for COVID-19 patients. The aforementioned factors negatively impacted the market. The cardiovascular service type segment dominated the market in 2021 due to changing & sedentary lifestyles and the increased geriatric & obese population.

According to HCUP, heart failure is the second leading cause of hospital admission, with around 4.1% of the total inpatient stays in 2018. The acute care segment is anticipated to register the fastest CAGR from 2022 to 2030. A high number of inpatient admissions during flu season in the U.S. is likely to fuel the segment growth. For instance, according to HCUP, nearly 1.5 million influenza-related inpatient stays were recorded during flu season in 2016. As per the CDC, during the 2019 flu season, there were a total of 16.1 million medical visits. Mergers, acquisitions, and partnerships are some of the key strategies undertaken by market players. For instance, in February 2021, Northwestern Medicine Kishwaukee Hospital partnered with Lurie Children’s for the Pediatric Emergency Medicine telemedicine program.

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U.S. Hospital Facilities Market Report Highlights

  • The public/community hospitals segment led for the market in 2021. According to the AHA, the number of non-government not-for-profit community hospitals increased from 2,937 in 2020 to 2,946 in 2021
  • A rise in the number of patient admissions and funding received from business groups are factors projected to fuel the segment growth
  • The outpatient services segment led the market in 2021 due to increased efforts to shift care to outpatient settings with minimally invasive procedures and diagnostics
  • The adoption of AI by healthcare facilities to improve care is expected to create new growth opportunities
  • For instance, in January 2017, Mayo Clinic’s Center for Individualized Medicine collaborated with Tempus, a startup focusing on the development of personalized cancer care by using a machine learning platform

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U.S. Hospital Facilities Market Segmentation

Grand View Research has segmented the U.S. hospital facilities market on the basis of patient service, facility type, and service type:

U.S. Hospital Facilities Patient Service Outlook (Revenue, USD Billion, 2017 - 2030)

  • Inpatient Services
  • Outpatient Services

U.S. Hospital Facilities Type Outlook (Revenue, USD Billion, 2017 - 2030)

  • Private Hospitals
  • State-owned & Federal Hospitals
  • Public/Community Hospitals

U.S. Hospital Facilities Service Type Outlook (Revenue, USD Billion, 2017 - 2030)

  • Acute Care
  • Cardiovascular
  • Cancer Care
  • Neurorehabilitation & Psychiatry Services
  • Pathology Lab, Diagnostics, and Imaging
  • Obstetrics & Gynecology
  • Others

List of Key Players of U.S. Hospital Facilities Market

  • The Johns Hopkins Hospital
  • Mayo Clinic
  • Cleveland Clinic
  • Cedars Sinai
  • Massachusetts General Hospital
  • UCSF Health
  • NewYork-Presbyterian Hospital
  • Brigham And Women's Hospital
  • Ronald Regan UCLA Medical Center
  • Northwestern Memorial Hospital

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

U.S. Healthcare Discount Plan Market to Reach USD 3.8 Billion by 2030: Grand View Research Inc.

 U.S. Healthcare Discount Plan Market Growth & Trends

The U.S. healthcare discount plan market size is expected to reach USD 3.8 billion by 2030, registering a CAGR of 10.2% over the forecast period, according to a new report by Grand View Research, Inc. Growing chronic diseases burden, increasing health expenses, and rising out-of-pocket expenditures are boosting the demand for health/medical discount plans offering affordable treatment solutions. Market players are focusing on increasing investments, innovating products & services, collaborating & partnering with other players to deliver affordable and accessible treatment solutions. Furthermore, the growing demand for enhanced treatment quality and improved patient experience, which would drive clinical outcomes & coordinate patient care is further boosting the adoption of health/medical discount plans.

For instance, United Healthcare, in June 2019, launched UnitedHealthcare Hearing, an innovative service provider offering affordable, quality hearing solutions. Moreover, as a part of their public awareness campaign, United Healthcare donated 20,000 reusable silicone plugs to police departments and fire departments across the country. The growing presence of Discount Medical Plan Organizations (DMPOs) providing affordable medical plans for a wide array of services is expected to drive the market. A rise in demand for affordable dental care, vision care, hearing aids, prescription drugs, and chiropractic care for individuals as well as groups who lack insurance coverage is expected to drive the demand further and promote the development & growth of the market. The growing prevalence of chronic ailments and increasing health-consciousness are driving the need for hassle-free, affordable treatment solutions.

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U.S. Healthcare Discount Plan Market Report Highlights

  • The other services segment dominated the market in 2021 owing to the growing demand for advanced discount plans amalgamated with additional benefits covering diagnostics, diabetic supplies, laboratory tests, and endoscopies
  • The virtual visits services segment is anticipated to register the fastest growth rate over the forecast years
  • This growth can be attributed to the increasing availability of telemedicine services, such as online consultation, and 24/7 access to care professionals
  • The dental care services segment accounted for the second-largest share of the overall revenue in 2021

Access Press Release@ https://www.grandviewresearch.com/press-release/us-healthcare-discount-plan-market-analysis

U.S. Healthcare Discount Plan Market Segmentation

Grand View Research has segmented the U.S. healthcare discount plan market based on service:

U.S. Healthcare Discount Plan Service Outlook (Revenue, USD Million, 2016 - 2030)

  • Health Advocate
  • Virtual Visits
  • Alternative Medicines
  • Prescription Drugs
  • Dental Care
  • Vision Care
  • Hearing Aids
  • Chiropractic Care
  • Nurse Services
  • Vitamins & Supplements
  • Wellness Plans
  • Podiatry Plans
  • Others

List of Key Players of the U.S. Healthcare Discount Plan Market

Discount Medical Plan Organizations (DMPOs)

  • New Benefits, Ltd.
  • Access One Consumer Health, Inc.
  • CARRINGTON International Corporation
  • Ameriplan
  • Coverdell
  • Alliance Healthcard of Florida, Inc.

Marketer

  • United Health Group
  • American Dental Care Partners, Inc.
  • Blue Cross and Blue Shield Association
  • com, Inc.
  • Sam’s West, Inc.
  • Humana, Inc.
  • Cigna
  • Freshbenies
  • Discounts by Design
  • Xpress Healthcare

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Asia Pacific Digital Health Market Growth in the Coming Years

 Asia Pacific Digital Health Market Growth & Trends

The Asia Pacific digital health market size is expected to reach USD 326.7 billion by 2030 and is expected to expand at a CAGR of 26.5% over the forecast period, according to a new report by Grand View Research, Inc. Growing chronic disease patient population, and favorable government initiatives to develop digital healthcare platforms are some of the major factors anticipated to drive the market growth over the forecast years. In addition, rapidly growing healthcare IT infrastructure and increasing demand for remote patient monitoring services are also expected to boost the market growth in the region. Moreover, the growing penetration of smartphones and the internet is supporting the market growth.

For instance, according to GSMA’s, The Mobile Economy Asia Pacific report, in 2021, 1.8 billion people will subscribe to mobile services by 2025, which is 62% of the total population of the region. The telehealthcare segment dominated the market in terms of revenue share in 2021 due to the increasing consumer-centric digital health ecosystems and rapid change towards the implementation of telehealthcare platforms for remote patient monitoring. The government-imposed lockdowns and restrictions on social movement have risen the adoption of telehealthcare services during the COVID-19 period in the region. The main services provided by telehealth includes specialist consultant services, prescribing drugs/pharmacy, and mental health.

Moreover, due to the lockdown and travel ban, many patients turned to remote treatment and diagnosis using telehealth platforms, which, in turn, is anticipated to drive the segment over the forecast periods. Based on components, the hardware segment dominated the market in 2021 owing to the rapid digitalization of healthcare institutions and the high adoption of hardware platforms, such as mobiles, tablets, computers, and wearables by patients. In addition, the increasing focus of hospitals on investing in digitalization to increase patient satisfaction and minimize error further supports the segment growth. However, the highest growth rate is anticipated from the software segment during forecast years owing to the rapid digitalization of healthcare facilities and increasing adoption of healthcare software & applications to improve patient engagement for health management.

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Asia Pacific Digital Health Market Report Highlights

  • The rise in cases of coronavirus decreased the in-person health consultation and increased the demand for virtual health consultation
  • This factor boosted the adoption of digital health during the COVID-19 pandemic. In addition, promotional activities are undertaken by the governments during the pandemic to use mobile applications for remote health management also propelled the market growth
  • The continuous lockdown and shut down the impact and higher patient population coupled with the concerns regarding medical staff shortage also drove the adoption of virtual healthcare services, thereby accelerating the market growth
  • Furthermore, a rise in developmental activities of medical and fitness apps by the manufacturers due to high consumer demand also boosted the market growth

Access Press Release@ https://www.grandviewresearch.com/press-release/asia-pacific-digital-health-market-analysis

Asia Pacific Digital Health Market Segmentation

Grand View Research, Inc. has segmented the Asia Pacific digital health market on the basis of technology, component, and region:

APAC Digital Health Technology Outlook (Revenue, USD Million, 2016 - 2030)

  • Tele-healthcare
    • Tele-care
      • Activity Monitoring
      • Remote Medication Management
    • Telehealth
      • LTC Monitoring
      • Video Consultation
    • mHealth
      • Wearables
        • BP Monitors
        • Glucose Meters
        • Pulse Oximeters
        • Sleep Apnea Monitors
        • Neurological Monitors
        • Activity Trackers/ Actigraphs
      • mHealth Apps
        • Medical Apps
        • Fitness Apps
      • Services
        • mHealth Service, By Type
          • Monitoring Services
            • Independent Aging Solutions
            • Chronic Disease Management & Post-Acute Care Services
          • Diagnosis Services
          • Healthcare Systems Strengthening Services
          • Others
        • mHealth Services, By Participants
          • Mobile Operators
          • Device Vendors
          • Content Players
          • Healthcare Providers
        • Healthcare Analytics
        • Digital Health Systems
          • EHR
          • E-Prescribing Systems

APAC Digital Health Component Outlook (Revenue, USD Million, 2016 - 2030)

  • Software
  • Hardware
  • Services

APAC Digital Health Regional Outlook (Revenue, USD Million, 2016 - 2030)

  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Australia

List of Key Players of Asia Pacific Digital Health Market

  • Cerner Corp.
  • Allscripts
  • Apple, Inc.
  • Telefonica S.A.
  • McKesson Corp.
  • Epic Systems Corp.
  • QSI Management, LLC
  • AT&T
  • Vodafone Group
  • Airstrip Technologies
  • Google, Inc
  • Samsung Electronics Co. Ltd
  • HiMS
  • Orange
  • Softserve
  • Qualcomm Technologies, Inc.
  • MQure
  • Computer Programs and Systems, Inc.
  • Vocera Communications
  • IBM Corp.
  • Cisco Systems, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Monday, 18 April 2022

Animal Health Market Outlook, Leading Manufacturers, Industry Analysis And Forecast: Grand View Research Inc.

 Animal Health Market Growth & Trends

The global animal health market size is expected to reach USD 92.8 billion by 2030, registering a CAGR of 10.0% during the forecast period, according to a new report by Grand View Research, Inc. The market is driven by technological advancements in veterinary care, which are anticipated to offer the market future growth opportunities. For instance, MediLabSecure, a laboratory network project, was initiated with an aim of identifying emerging viruses and pathogens in 19 countries in the Mediterranean regions. In addition, the emergence of veterinary health information systems, specifically in developed economies, is expected to provide high growth potential in the future.

With the help of these systems, data generated in veterinary clinics can be uploaded on the internet, which can be further shared with other researchers and clinicians. The incorporation of this technology will facilitate real-time analysis for fluctuations in disease prevalence. As a consequence of the aforementioned factors, it is presumed that there will be a significant improvement in the overall penetration rate of veterinary health products, which is anticipated to fuel market demand as well as revenue. The threat of zoonotic infections spreading through mosquitoes, ticks, and fleas or through contact with animals is high. The WHO is involved in various cross-sectoral activities for the purpose of addressing health threats at the human-animal-ecosystem interface.

Food-borne zoonoses, antimicrobial resistance, and emerging zoonoses are some of the threats in the market. The implementation of a wide range of technologies for the detection and monitoring of various animal diseases is one of the major growth contributing factors. North America captured a substantial share in the global market, owing to a wide range of definitive measures adopted by welfare organizations, technological advancements, rising incidence of zoonotic diseases, and an increasing number of pet owners. Asia Pacific is expected to exhibit lucrative growth over the coming years as a consequence of consistent R&D investments deployed by prominent players and their efforts to commercialize branded and generic therapeutics at a relatively inexpensive price. 

Key market participants employ sustainability strategies, such as expanding product portfolio, to gain a competitive advantage. For instance, in January 2021, Zoetis launched the Poulvac Procerta HVT-IBD vaccine for the protection of poultry against Infectious Bursal Disease (IBD). This added to Zoetis’ product portfolio of recombinant vector vaccines. 

Request a free sample copy or view report summary: Animal Health Market Report

Animal Health Market Report Highlights

  • By product, diagnostics are expected to dominate the market due to a significant increase in the adoption of pets, which demands long-term health plans
  • Based on animal type, the companion animal segment is anticipated to witness a lucrative rate of 10.5% during the forecast period owing to associated health benefits for humans such as lower blood pressure, greater psychological stability, and reduced anxiety attacks
  • By distribution channel, retail channels and e-commerceplatforms accounted for a notable share owing to factors such as convenience associated with online pharmacies and the increasing number of retail pharmacies
  • The point-of-care testing segment is expected to witness a CAGR of 12.4% over the forecast period due to an increase in demand for highly productive animals and growing investments in R&D for novel animal products
  • In 2021, North America accounted for the largest revenue share in the market owing to the local presence of established pharmaceutical companies, consistently striving for extensive commercialization of their products
  • In Asia Pacific, the market is anticipated to witness a CAGR of 10.5% over the forecast period owing to the high clinical urgency to curb incidence of zoonotic diseases and management of disease outbreaks, such as swine influenza and Ebola.
  • Industry rivalry for the market is expected to remain at a higher level over the forecast period. Market players are involved in adopting extensive growth strategies such as entering strategic alliances, increasing product differentiation, and expansion of product portfolios in an attempt to capture a larger share of the market.
  • The market is consolidated in nature. The market growth remains steady regardless of disruption in the supply chain due to pandemic
  • In February 2021, Ceva and INRAE signed an agreement to collaborate in animal health. This partnership is expected to accelerate the innovation and development of products
  • Animal healthcare is rebounding faster as compared to others post-pandemic. Large animal health companies are focusing on innovative strategies to gain a competitive edge

Access Press Release@ https://www.grandviewresearch.com/press-release/global-animal-health-market

Animal Health Market Segmentation

Grand View Research has segmented the global animal health market on the basis of animal type, product, distribution channel, end use, and region:

Animal Health Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Production Animal
    • Poultry
    • Swine
    • Cattle
    • Sheep & Goats
    • Fish
  • Companion Animal
    • Dogs
    • Cats
    • Horses
    • Others

Animal Health Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Vaccines
    • Live Attenuated Vaccines
    • DNA Vaccines
    • Recombinant Vaccines
    • Inactivated Vaccines
    • Others
  • Pharmaceuticals
    • Parasiticides
    • Anti-infectives
    • Anti-inflammatory
    • Analgesics
    • Others
  • Medicinal Feed Additives
  • Diagnostics
    • Instruments
    • Consumables
  • Equipment & Disposables
    • Critical Care Consumables
    • Anesthesia Equipment
    • Fluid Management Equipment
    • Temperature Management Equipment
    • Rescue & Resuscitation Equipment
    • Research Equipment
    • Patient Monitoring Equipment
  • Others
    • Veterinary Telehealth
    • Veterinary Software
    • Livestock Monitoring

Animal Health Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • E-commerce
  • Retail
  • Veterinary Hospitals & Clinics

Animal Health End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Point-of-care Testing/In-house Testing
  • Reference Laboratories
  • Veterinary Hospitals & Clinics
  • Others

Animal Health Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Russia
    • Spain
    • Netherlands
    • Switzerland
    • Sweden
    • Ireland
    • Poland
  • Asia Pacific
    • Japan
    • China
    • India
    • Indonesia
    • Thailand
    • Australia
    • South Korea
    • Philippines
    • Malaysia
    • Singapore
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Turkey
    • Iran
    • United Arab Emirates
    • Israel

 List of Key Players of Animal Health Market

  • Merck Animal Health
  • Ceva Sante Animale
  • Vetoquinol S.A.
  • Zoetis
  • Boehringer Ingelheim GmbH
  • Elanco
  • IDEXX
  • Heska Corporation
  • Covetrus
  • DRE Veterinary
  • Mars Inc.
  • Virbac
  • Televet
  • Phibro Animal Health Corporation
  • Vetoquinol S.A
  • Braun Vet Care

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

In-vehicle Payment Services Market Predicted to Witness Steady Growth During the Forecast Period

 

In-vehicle Payment Services Market Growth & Trends

The global in-vehicle payment services market size is expected to reach USD 14.43 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.2% from 2022 to 2030. The aggressive spending by automakers on enabling drivers to make payments and authenticate transactions from the vehicle itself coupled with the rising levels of disposable income, especially in the developed economies, and the growing preference for contactless payments are expected to drive the growth of the market over the forecast period.

Busy schedules are prompting drivers to look forward to hassle-free experiences as part of an upgraded lifestyle. At this juncture, the ability to shop, order, and pay on the go without performing any cash transactions for swiping credit/debit cards would allow commuters to save time and ensure a convenient commute. In-vehicle payment services offer drivers and passengers the convenience of making payments through various payment modes from the vehicle itself. The demand for In-vehicle payment services is expected to increase over the forecast period in line with the proliferation of connected cars and the growing preference for advanced infotainment.

Automakers, such as BMW AG, Mercedes-Benz, Ford Motor Co., Honda Motor Co. Ltd., General Motors Co., and Jaguar Land Rover Automotive PLC, have already started integrating in-vehicle payment services and solutions into their vehicle models. Payment service providers, such as MasterCard, Visa, and PayPal, are also striking strategic partnerships and collaborations with automotive OEMs to deliver efficient in-vehicle payment platforms.

The preference for contactless payments is growing in the wake of the outbreak of the COVID-19 pandemic. As such, the majority of the parking systems, gas stations, and toll collection booths have already incorporated mobile payment technology. The popularity of e-wallets is rising owing to the convenience and ease of payment e-wallets can offer. Digital wallet and online payment platforms, such as Google Pay, Amazon Pay, and Apple Pay, are also getting immensely popular and their adoption is expected to increase significantly over the forecast period.

However, automotive OEMs are looking forward to designing and developing a payment ecosystem that would allow drivers and passengers to avail and pay for all the desired services, such as filling gasoline or charging electric cars, booking and paying for parking slots, paying tolls at toll booths, and ordering food and coffee, among others, without having to get out of the vehicle. Hence, the market for in-vehicle payment services is expected to grow significantly over the forecast period.

Request a free sample copy or view report summary: In-vehicle Payment Services Market Report

In-vehicle Payment Services Market Report Highlights

  • The food/coffee segment held a significant revenue share of over 27% in 2021, attributed to the high preference for ordering food and coffee on the go
  • The credit/debit card segment dominated the market for in-vehicle payment services in 2020 and is estimated to generate a revenue of over USD 7.36 billion by 2030
  • North America accounted for the largest revenue share in 2021. Continued integration of the latest technologies in automobiles and the rising levels of disposable income are anticipated to drive the growth of the regional market

Access Press Release@ https://www.grandviewresearch.com/press-release/global-in-vehicle-payment-services-market

In-vehicle Payment Services Market Segmentation

Grand View Research has segmented the global in-vehicle payment services market based on mode of payment, application, and region:

In-vehicle Payment Services Mode of Payment Outlook (Revenue, USD Million, 2018 - 2030)

  • NFC
  • QR Code/RFID
  • App/e-wallet
  • Credit/Debit Card

In-vehicle Payment Services Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Parking
  • Gas/Charging Stations
  • Shopping
  • Food/Coffee
  • Toll Collection
  • Others

In-vehicle Payment Services Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

List of Key Players in the In-vehicle Payment Services Market

  • BMW AG
  • Daimler AG
  • Ford Motor Co.
  • General Motors Co.
  • Honda Motor Co. Ltd.
  • Hyundai Motor Co.
  • Jaguar Land Rover Automotive PLC
  • Volkswagen AG
  • ZF Friedrichshafen AG
  • Google
  • Amazon
  • Visa
  • MasterCard
  • PayPal

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...