Healthcare Claims Management Market Top Players, Segments, Cost Structure, Demand, Sales | 2030 Forecast

 Healthcare Claims Management Market Growth & Trends 

The global healthcare claims management market size is expected to reach USD 136.67 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 23.4% from 2022 to 2030. The rising complexity of claims administration and the medical billing process is one of the most immediate concerns confronting health insurance companies and other private payers. The capacity to digitize every stage of the claims process, implying process improvement, from data entry to claims management and billing processing, holds enormous promise for increasing medical billing and claims management efficiency and accuracy. When done correctly, the result may be cheaper expenses and a better customer experience. Thus, improvements to the overall healthcare organization’s process are expected to propel industry growth. 

Furthermore, the growing importance of denial management is expected to further boost industry growth. According to a Kaiser Family Foundation recent analysis, around 17% of in-network claims were refused across HealthCare.gov issuers in 2019 and approximately 14% were denied in 2018. Specific issuer rates differed greatly from these averages. As a result, financial strategists who are truly focused on the transition from volume to value undervalue it. This is a mistake since dealing with rejections is as important now as it was decades ago. 

The global COVID-19 pandemic has had a mixed impact on the overall market. Furthermore, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was designed in developed countries such as the U.S. to provide healthcare resources required to combat COVID-19. The CARES Act incorporated medical billing rules, which increased claim denials and their management. This will further boost the overall market for medical billing and healthcare claims management. 

Despite the expected rise in the market, there have been rising concerns in terms of data privacy. For instance, modern technologies such as cloud, mobile, and next-generation databases are increasingly being used to manage, store, and retrieve such claims data as technology advances. These elements have conspired to form healthcare data security an ongoing concern for the overall healthcare industry. To guarantee that patients have the data protection they need and deserve, rules and regulations governing healthcare data are always evolving. 

Due to the clear nascent nature of technology innovation in the medical billing and claims processing market, the share is widely distributed across various competitors. This is bolstered by the fact that a large number of businesses have joined the market due to the minimum capital requirements for establishing and maintaining technological infrastructure. However, there has been a reduced risk of entry to some extent due to the complexity in the healthcare medical billing and claims processing market dynamics. 

Larger, established players and well-known players have a credibility advantage, which reduces the threat of entry from smaller, less established players with minimal IT experience in healthcare. However, due to the expanding number of advanced solution providers, such as CareCloud, Inc., and AdvancedMD, who are increasingly focusing on lowering claim denial rates and improving the medical billing rates, the industry is set to experience a higher new entrant rate. 

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Healthcare Claims Management Market Report Highlights 

• Providers actively wanted methods to enhance their claim management and medical billing systems. As a result, one strategy is to create an integrated billing and claims processing system, which offers several advantages. As a result, integrated solutions accounted for a dominant revenue share of more than 70.0%
• By component, the software segment accounted for the largest revenue share of more than 65.0% in 2021. It is expected to maintain its dominance throughout the forecast period
• The healthcare industry has been revolutionized by overall digitization, which has improved patient treatment guidance systems and software technologies that have provided simple access to healthcare data through cost-effective automated billing and claims processing systems. Medical billing and claims processing software have several advantages, including more accurate bills, fewer administrative errors, fewer insurance claim denials, invoice tracking, and speedier payments, which boosts efficiency and accuracy even more
• The web-based and cloud-based deployment mode segments have a strong competitive presence in the market. They together accounted for more than 85.0% share of the overall revenue in 2021. Furthermore, regardless of the industry, overall cloud billing services assist organizations in saving money while still offering excellent customer service. According to a Flexera study from 2021, 93% of organizations are using cloud-based technology, with 73% seeking to optimize their present cloud utilization for cost savings. As a result, the cloud-based billing industry's overall growth is being supported by a growing need for cheaper capital and operating costs
• The healthcare providers' end-use segment is anticipated to rise moderately over the forecast period, with growth aided by the adoption of rigorous regulatory rules in various countries, such as the U.S. Healthcare payers are expected to expand rapidly during the forecast period, supported by the implementation of stringent regulatory requirements, an in-house lack of experienced individuals for claims processing, and growing healthcare costs and related frauds
• North America accounted for the largest revenue share of over 35.0% in 2021 owing to an increase in patient load and healthcare coverage, adoption of EHRs and e-prescribing services, growing government spending, and improving healthcare infrastructure
• The Asia Pacific market is likely to witness the fastest growth over the forecast period mainly owing to a quick expansion of the healthcare business, government attempts to improve the quality of healthcare delivery systems and the adoption of technological advancements such as healthcare IT systems
• Key players also contribute to the industry growth by entering partnerships, mergers, and acquisitions, and launching new products. For instance, in October 2021, The SSI Group developed a strategic alliance with RCxRules to provide updated automated billing solutions for healthcare organizations' population health and revenue cycle operations, resulting in revenue growth as the strategic partnership grows

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Healthcare Claims Management Market Segmentation

Grand View Research has segmented the global healthcare claims management market by product, component, solution type, deployment mode, end-use, and region:

Healthcare Claims Management Product Outlook (Revenue, USD Million, 2017 - 2030)

• Medical Billing
  • Professional
  • Institutional
• Claims Processing

Healthcare Claims Management Component Outlook (Revenue, USD Million, 2017 - 2030)

• Software
• Services

Healthcare Claims Management Solution Type Outlook (Revenue, USD Million, 2017 - 2030)

• Integrated Solutions
• Standalone Solutions

Healthcare Claims Management Deployment Mode Outlook (Revenue, USD Million, 2017 - 2030)

• Cloud-based
• On-premise
• Web-based

Healthcare Claims Management End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Healthcare Providers
• Healthcare Payers

Healthcare Claims Management Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Healthcare Claims Management Market

• McKesson Corporation
• The SSI Group, Inc.
• Quest Diagnostics
• Kareo
• Optum, Inc. (a subsidiary of UnitedHealth Group)
• Conifer Health Solutions
• CareCloud
• eClinicalWorks
• IBM
• Cerner Corporation

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.

Dental Tourism Market: Advanced Technologies and Growth Opportunities Worldwide By 2030

 Dental Tourism Market Growth & Trends

The global dental tourism market size is expected to reach USD 43.9 billion by 2030, registering a CAGR of 22.0% over the forecast period, according to a new report by Grand View Research, Inc. The industry is expanding significantly due to factors, such as high insurance premium prices, an increase in the number of uninsured & underinsured persons in developed countries, and lengthier waiting times in the home country. In addition, cheaper air rates, easy availability of superior healthcare treatments, and the tourism component all contribute to the advantages of outbound dental tourism. The selection criteria for dentists for medical tourists depends on variables including cost, accessibility, and service quality. According to a report published by Congress the "Dental Crisis in America" found that almost 50% of Americans lack dental insurance.

On the other hand, the National Health Service (NHS) in the U.K. handles a portion of the cost of dental care. In developed nations like Australia, dental care is also quite expensive for individuals with dental insurance. In Australia, dental implants and cosmetic dentistry are not covered by dental insurance. The COVID-19 pandemic in 2020 resulted in significant challenges for the dental industry, including reduced activity and constraints on dental office operations. Unlike businesses that were able to transition to work-from-home in response to the pandemic, the personalized & hands-on nature of patient care by dental professionals could not be done remotely. As countries began instituting lockdowns in early 2020, dental tourism experienced reduced demand for incoming patients in Asia, Europe, the U.S., and various other markets.

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Dental Tourism Market Report Highlights

• Based on services, the dental implants segment held the largest revenue share in 2022.The rising incidence of dental injuries due to car accidents and sports injuries are factors supporting the need for dental implants
• The dental cosmetics segment is expected to grow significantly in the coming years. Cosmetic dentistry is thriving because developing nations have created a great quantity of disposable wealth
• The dental clinics segment accounted for the largest revenue share in 2022 and is expected to witness a lucrative growth rate over the forecast period. The rising number of independent dentistry clinics, as a result of increased competition among providers and the demand for cost-effective treatments, will support the segment growth
• Asia Pacific dominated the industry in 2022 due to various factors, such as the availability of highly skilled & experienced dentists, superior dental infrastructure, and regional government permissions for foreign patient intake at medical institutions
• Europe is expected to witness the fastest CAGR over the forecast period due to the high adoption of the French healthcare system as an alternative to the American healthcare system owing to the growing medical prices in the U.S. for various treatments including dental care, women’s care, preventive care, cancer treatment, cosmetic surgery, and other major surgeries/treatment procedures

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Dental Tourism Market Segmentation

Grand View Research has segmented the global dental tourism market based on service, provider, and region:

Dental Tourism Service Outlook (Revenue, USD Million, 2017 - 2030)

• Dental Implants
• Orthodontics
• Dental Cosmetics
• Others

Dental Tourism Providers Outlook (Revenue, USD Million, 2017 - 2030)

• Hospitals
• Dental Clinics
• Others

Dental Tourism Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Costa Rica
• Europe
  • Italy
  • Spain
  • Poland
  • Czech Republic
  • Hungary
• Asia Pacific
  • Japan
  • China
  • India
  • Thailand
  • Malaysia
  • Philippines
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Israel

List of Key Players ofDental Tourism Market

• Franco-Vietnamese Hospital
• Apollo Hospitals Enterprise Ltd.
• Fortis Healthcare
• Clove Dental
• Medlife Group
• Raffles Medical Group
• Oris Dental Centre
• Dubai Dental Hospital
• Imperial Dental Specialist Center
• Liberty Dental Clinic
• ThantakIt International Dental Center
• ARC Dental Clinic

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.

Genomics Market Size, Industry Share And Growth Analysis For 2023-2030: Grand View Research Inc.

 Genomics Market Growth & Trends

The global genomics market size is expected to reach USD 94.86 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 16.5% in the forecast period owing to the increasing demand for novel therapeutic and research applications in genomics. Moreover, it is extensively used for a wide variety of applications, such as pharmacogenomics, and metagenomics. The emerging applications of genomics are braced up by industrial collaborations and expansions. For instance, in June 2020, Merck & Co., Inc., and 10x Genomics, Inc., collaborates to develop powerful genomics-based experiments to better understand the relationship between specific genes and disease by using 10x Genomics’ barcode technology to screen single cells using CRISPR libraries.

Technological advancements in the genomics market such as research on chromosomal instability and gene signatures utilizing unique samples from huge databases give out comprehensive insights into their clinical applicability. For instance, in June 2022, researchers from Cambridge University and the National Cancer Research Center (at Madrid, Spain) deduced to track chromosomal instability and copy number variations to understand the role of internal factors in driving such genomic alterations in cancers that are fatal in nature.

Diseases caused by genetic inheritance can cause a wide range of disease conditions such as cardiovascular, diabetes, and cancer conditions. Genetic disorders can be effectively combatted by understanding specific characteristics of an individual’s genome sequence. For instance, in November 2021, Illumina, Inc. and the Genetic Alliance, collectively declared the launch of the iHope genetic health program so as to facilitate access to whole-genome sequencing to survivors of genetic disorders across the globeDee with one-third of the efforts to support subjects in Africa.

The market is positively driven by the lucrative support from the government and other research organizations for advancement in research on the genome sequence. There has been an increasing focus on funds for data-driven initiatives on genome sequence research to derive outcomes that are helpful for the treatment of rare diseases, infectious diseases, inherited disorders, and cancers. For instance, in August 2022, Medical Device Innovation Consortium launched its somatic reference samples initiative to develop clinically relevant samples and public genomic datasets to aid the enhancement of NGS-based cancer diagnostics. Similarly, in September 2022, the Centres for Disease Control (CDC) declared 5-year awards to establish the pathogen genomics centers of excellence (PGCoE) network to foster innovation and capabilities in bioinformatics, pathogen genomics, and molecular epidemiology.

One of the most important factors anticipated to impact the genomics market is how much and to what extent the medical community will make use of available genomic information in personalized medicine. Furthermore, plummeting costs of sequencing support an increase in the adoption of whole genome sequencing. Scientists are combining the data generated from sequencing with diagnostics, which has proven effective in enhancing the personalized treatment landscape. According to a report published by OGL, as of July 2021, the UK exceeded 600,000 SARS-CoV-2 genomically sequenced tests. Genomic sequencing has been helpful in the fight against SARS-CoV-2 by quickly identifying variations that are of concern, elucidating how they spread, and halting them.

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Genomics Market Report Highlights

• The overall growth of the genomics market is attributed to the rising dependence of novel therapeutics for genetic disorders and cancers on genomics-based understanding
• Functional genomics held the largest market share in the year 2022, owing to the demand for rising applications in diagnostics and gene therapy. Biomarker discovery is anticipated to be the fastest-growing segment in the forecast period due to rising applications of biomarkers in disease and therapeutics research
• North America dominated the market in 2022 due to the presence of key players and rising support from the government and research institutes to advance the research on Genomics in the region

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Genomics Market Segmentation

Grand View Research has segmented the global genomics market on the basis of application, deliverables, end-use, and region:

Genomics Application & Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Functional Genomics
  • Real-Time PCR
  • Transfection
  • SNP Analysis
  • Mutational Analysis
  • Microarray Analysis
  • RNA Interference
• Epigenomics
  • Bisulfite Sequencing
  • Chromatin Immunoprecipitation (ChIP & ChIP-Seq)
  • Methylated DNA Immunoprecipitation (MeDIP)
  • High Resolution Melt (HRM)
  • Chromatin Accessibility Assays
  • Microarray Analysis
• Pathway Analysis
  • Microarray Analysis
  • Bead-Based Analysis
  • Real-time PCR
  • Proteomics tools (2-D PAGE; yeast 2-hybrid studies)
• Biomarker Discovery
  • DNA Sequencing
  • Microarray Analysis
  • Real-time PCR
  • Mass Spectrometry
  • Statistical Analysis
  • Bioinformatics
• Others

Genomics Deliverables Outlook (Revenue, USD Million, 2018 - 2030)

• Products
  • Instruments/Systems/Software
  • Consumables & Reagents
• Services
  • Core Genomics services
  • NGS-based Services
  • Biomarker Translational Services
  • Computational Services
  • Others

Genomics End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Clinical Research
• Academic & Government Institutes
• Hospitals & Clinics
• Pharmaceutical & Biotechnology Companies
• Other End Users

Genomics Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Spain
  • Italy
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
  • Thailand
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in Genomics Market

• Agilent Technologies
• Bio-Rad Laboratories, Inc.
• BGI Genomics
• Color Genomics, Inc.
• Danaher Corporation
• Eppendorf AG
• Eurofins Scientific
• Hoffmann-La Roche Ltd.
• GE Healthcare
• Illumina, Inc.
• Myriad Genetics, Inc.
• Oxford Nanopore Technologies
• Pacific Biosciences of California, Inc.
• QIAGEN N.V.
• Quest Diagnostics Incorporated
• Thermo Fisher Scientific, Inc.
• 23andMe, 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.

Surgical Sealants And Adhesives Market To Reap Over USD 5.4 Billion In Revenues By End Of 2030: Grand View Research Inc.

 Surgical Sealants And Adhesives Market Growth & Trends

The global surgical sealants and adhesives market size is expected to reach USD 5.4 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 11.6% from 2023 to 2030. Proper closure of injured tissues post-operation is a major step to restore tissue’s structure and function. Postoperative leakages occur in 3% to 15% of cases and are considered serious complications. They are responsible for one-third of postoperative deaths in patients. Surgical sealants and adhesives are designed to improve patient outcomes by reducing the prospect of postsurgical complications, such as leakages, thus resulting in improved patient outcomes through the prevention of leakage and a decrease in length of stay and mortality rates.

The rapid advancements in sealants and adhesives are major impact rendering drivers, and their usage in modern surgery to reduce anastomotic leakage has risen significantly. Surgical adhesive is expected to replace traditional surgical sealing agents such as sutures, wires, and staples. These are time taking, can result in further tissue trauma, and are hard to use in some surgical locations. Surgical sealants overcome these issues and create immediate and proper sealing, compared to sutures and staples. The factors contributing to the growth of the market are the rising demand for surgical services worldwide and increasing concerns to reduce postoperative wound infections. Surgical procedures are increasing worldwide, with the WHO estimations projecting surgeries to account for approximately 235 million per year globally.

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Surgical Sealants And Adhesives Market Report Highlights

• North America held the largest revenue share in 2022 owing to the growing demand for high-quality healthcare in the region
• Asia Pacific is expected to observe lucrative growth over the forecast period due to the transformation of healthcare delivery systems into advanced value-based healthcare practices to establish a sustainable health system
• In the natural and biological adhesives and sealants type segment, the fibrin sealants segment accounted for the largest revenue share in 2022
• In the synthetic and semi-synthetic adhesives and sealants type segment, the cyanoacrylates segment is expected to register the fastest growth rate in the forecast period owing to its fast-drying properties, strong mechanical strength, and ease of adhesion
• Market participants combine a blend of both large public companies and more specialized small companies. These companies focus on only one segment or product. An example of such companies is Cohera Medical, Inc.

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Surgical Sealants And Adhesives Market Segmentation

Grand View Research has segmented the global surgical sealants and adhesives market on the basis of type, application, and region:

Surgical Sealants & Adhesives Product Outlook (Revenue, USD Million; 2018 - 2030)

• Natural/Biological Adhesives And Sealants 
  • Fibrin Sealants
  • Collagen Based Adhesives
  • Gelatin Based Adhesives
• Synthetic & Semi Synthetic Adhesives And Sealants 
  • Cyanoacrylates
  • Polymeric Hydrogels
  • Urethane Based Adhesives

Surgical Sealants & Adhesives Application Outlook (Revenue, USD Million; 2018 - 2030)

• Central Nervous System Surgery
• Cardiovascular Surgery
• General Surgery
• Orthopedic Surgery
• Cosmetic Surgery
• Pulmonary Surgery
• Urology Surgery
• Ophthalmology Surgery
• Others

Surgical Sealants & Adhesives Regional Outlook (Revenue, USD Million; 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Thailand
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in Surgical Sealants And Adhesives Market

• Baxter International, Inc.
• CryoLife, Inc.
• R. Bard, Inc.
• Medtronic PLC
• Braun Melsungen AG
• Cohera Medical, Inc.
• Ethicon, Inc. [J&J]
• Mallinckrodt plc
• Cardinal Health
• Integra LifeSciences Holdings Corporation

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.

Home And Laundry Care Market to Incur Meteoric Growth During 2022 to 2030: Grand View Research Inc.

 Home And Laundry Care Market Growth & Trends

The global home and laundry care market size is expected to reach USD 321.51 billion by 2030, registering a CAGR of 6.8% from 2022 to 2030, according to a new report by Grand View Research, Inc. The growing population in developing economies such as Brazil, India, and China is boosting the demand for laundry and home care products. This market has noteworthy potential growth in the coming years owing to increasing awareness regarding the benefits of laundry and home care products such as hygiene and cleanliness products among consumers.

Major market players are introducing innovative cleaners for laundry and homes in terms of quality, packaging, and fragrance. Similarly, they are launching eco-friendly cleaning products in the market. Also, they are introducing innovative cleaning infused with natural ingredients to advance the effectiveness of the product. For instance, in October 2021, Unilever South Africa launched a dishwashing liquid made with captured carbon as a part of Unilever’s global Clean Future strategy. Furthermore, the rising adoption of natural-based cleaning products among consumers has positively impacted this market. Correspondingly, growing awareness concerning the harmful side effects of chemical-based laundry and home care products has encouraged consumers to opt for eco-friendly and sustainable products. All these factors are expected to drive the market during the forecast period.

The online sales channel is expected to play an important role in making a significant contribution to market growth. Leading home and laundry care product manufacturers across the globe are extending their business partnerships with online retailers to reach out to millennials and new customers. According to the statistics published by the United States Census Bureau, the pandemic has changed the way consumer shop and e-commerce sales increased by 43% in 2020. In the upcoming years, it is also projected that an increase in sales of home and laundry care goods, mostly through company-owned websites and other e-commerce platforms such as Amazon and Walmart will fuel the expansion of the online distribution channel sector.

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Home And Laundry Care Market Report Highlights

• Asia Pacific dominated the global market in 2021 owing to the rising middle-class population in emerging countries including China, Malaysia, and India. Additionally, there has been a sizable demand in this region for eco-friendly laundry and house cleaning products, which will boost the regional market growth throughout the projection period
• The use of some chemicals was subject to strict laws, which forced producers to develop organic laundry care solutions. By using eco-friendly packaging and creating phosphate-free formulations, certain rules were put in place to promote sustainability and biodegradability. To achieve a competitive advantage in the laundry care sector, major manufacturers are now focusing on offering sustainable alternatives

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Home And Laundry Care Market Segmentation

Grand View Research has segmented the global home and laundry care market based on type, distribution channel, and region.

Home And Laundry Care Type Outlook (Revenue, USD Million, 2017 - 2030)

• Laundry Care
• Household Cleaners
• Dishwashing Detergents
• Polishes, Room Scents & Insecticides

Home And Laundry Care Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Offline
• Online

Home And Laundry Care Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa

List of Key Players of the Home And Laundry Care Market

• The Procter & Gamble Company
• BASF SE
• Unilever plc
• Bayer AG
• Henkel AG & Co. KGaA
• 3M Company
• DuPont de Nemours, Inc.
• Reckitt Benckiser Group plc
• Colgate-Palmolive Company
• Kao Corporation

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.

Thyroid Ablation Devices Market to Reflect a Holistic Expansion During 2023 to 2030: Grand View Research Inc.

 Thyroid Ablation Devices Market Growth & Trends

The global thyroid ablation devices market size is expected to reach USD 460.5 million by 2030, registering a CAGR of 13.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The availability of advanced treatment methods and the increasing prevalence of thyroid cancer is anticipated to augment the overall industry growth Commercialization & ongoing developments for technologically advanced thyroid ablation systems, and proven clinical efficacy is expected to favor the product demand. The ease of treatment, compared to other surgical procedures, is anticipated to boost the growth. Rising awareness about the benefits of thyroid ablation and an increasing number of thyroid cancer patients for surgical cancer treatment is predicted to foster the product demand.

Minimally invasive surgery is gaining popularity over traditional surgery due to various associated advantages, such as the need for a smaller incision, reduced pain, faster recovery time, and minimal scarring. In addition, in some instances, minimally invasive surgery is considered more accurate than traditional surgery. Minimally invasive procedures reduce hospital stays, which, in turn, helps in saving extra costs associated with the treatment. Increasing cases of thyroid cancer across the globe are predicted to contribute to industry growth. For instance, as per the American Cancer Society, around 43,720 new cases of thyroid cancer were observed in the U.S. This cancer is about 3 times more common in women than men, creating a high product demand among women.

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Thyroid Ablation Devices Market Report Highlights

• The Radiofrequency Ablation (RFA) segment held the largest revenue share in 2022 owing to a surge in the adoption of RFA devices due to better efficiency
• The thermal-based devices segment held the largest revenue share in 2022 as these devices significantly decrease intraoperative blood loss and shorten the operational time
• The thyroid cancer application segment is anticipated to gain the highest market share by 2030 due to the rising number of thyroid-related cancer cases across the globe
• The North America region led the industry in 2022 owing to the high product demand for the treatment of various thyroid diseases
• Asia Pacific is anticipated to exhibit the fastest CAGR from 2023 to 2030 owing to the rising adoption of minimally invasive surgeries across several countries in Asia

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Thyroid Ablation Devices Market Segmentation

Grand View Research has segmented the global thyroid ablation devices market based on product, usability, application, and region:

Thyroid Ablation Devices Type Outlook (Revenue, USD Million, 2018 - 2030)

• Radiofrequency Ablation
• Microwave Ablation
• Others

Thyroid Ablation Devices Product Outlook (Revenue, USD Million, 2018 - 2030)

• Thermal-based Devices
• Non-thermal-based Devices

Thyroid Ablation Devices Application Outlook (Revenue, USD Million, 2018 - 2030)

• Thyroid Cancer
• Thyroid Nodules

Thyroid Ablation Devices End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Cancer Specialty Centers
• Others

Thyroid Ablation Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Thailand
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in the Thyroid Ablation Devices Market

• Boston Scientific Corp.
• BVM Medical System
• Integra Life Sciences
• Johnson & Johnson
• Medtronic Plc.
• MedWaves Inc.
• Olympus Corp.
• StarMed Co. Ltd.
• Terumo Europe
• Theraclion

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.

Event Management Software Market Advanced Technologies and Growth Opportunities Worldwide By 2028

 Event Management Software Market Growth & Trends

The global event management software market size is anticipated to reach USD 14.48 billion by 2028, registering a CAGR of 12.5% from 2021 to 2028, as per the research conducted by Grand View Research, Inc. The growing popularity of cloud-based solutions and the increasing preference for hosting virtual events are some of the major factors that are anticipated to drive the growth of the market over the forecast period. Given the growing reliance of organizations on a dedicated IT infrastructure to improve business productivity, cloud-based managed services are emerging as a cost-effective alternative for organizations, which bodes well for the growth of the market. The availability of various subscription-based pricing models is also expected to contribute to the growth of the market.

The outbreak of the COVID-19 pandemic has been particularly driving the adoption of event management software. Lockdowns imposed in different parts of the world as part of the efforts to arrest the spread of coronavirus have affected several industries and industry verticals. Several small, medium and large enterprises have adopted the work-from-the-home working model to protect their employees in the wake of the outbreak of the pandemic. On the other hand, educational institutions and corporates are particularly resorting to virtual events, which is typically driving the demand for event management software.

The key players in the market include Cvent Inc.; Aventri Inc.; Eventbrite; and Zoho Corporation. These market players are majorly focusing on strategic partnerships and collaborations to enhance their business operations. For instance, in June 2018, Eventbrite, a ticketing and event management company based in the U.S., and Elrow Family, a party series and event concept company based in Barcelona, Spain, entered into a multi-year ticketing partnership, which envisaged Eventbrite handling the ticketing requirements of over 100 festivals and shows under the Elrow brand. The festivals and shows under the Elrow brand attract more than 2.4 million attendees every year.

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Event Management Software Market Report Highlights

• The software segment is expected to dominate the market over the forecast period, owing to the continued adoption of event management software by various small and large enterprises across the globe. The segment is expected to reach USD 9,10 billion by 2028
• The managed service segment is anticipated to expand at the highest CAGR of 14.3% over the forecast period
• The deployment and integration segment accounted for a market share of over 45.0% in 2020 and is anticipated to reach USD 1.59 billion by 2028
• The cloud segment is expected to dominate the market over the forecast period and reach USD 9.54 billion by 2028
• The corporate segment is anticipated to register the highest CAGR of 13.2% over the forecast period in line with the growing preference among corporates for technologically advanced solutions to host virtual events
• North America is projected to account for the largest market share over the forecast period. The regional market is anticipated to reach USD 6.21 billion by 2028 driven by the presence of several prominent players in the region and the rapid adoption of technologically advanced solutions
• Some of the prominent market participants include Cvent Inc.; Eventbrite; Zoho Corporation; and Aventri Inc.

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Event Management Software Market Segmentation

Grand View Research has segmented the global event management software market based on component, service, professional service, deployment type, organization size, application, and region:

Event Management Software Component Outlook (Revenue, USD Million, 2018 - 2028)

• Software
• Service

Event Management Software Service Outlook (Revenue, USD Million, 2018 - 2028)

• Professional Service
• Managed Service

Event Management Software Professional Service Outlook (Revenue, USD Million, 2018 - 2028)

• Consulting
• Deployment & Integration
• Support & Maintenance

Event Management Software Deployment Type Outlook (Revenue, USD Million, 2018 - 2028)

• On-premise
• Cloud

Event Management Software Organization Size Outlook (Revenue, USD Million, 2018 - 2028)

• Small & Medium Enterprise
• Large Enterprise

Event Management Software Application Outlook (Revenue, USD Million, 2018 - 2028)

• Event Organizers & Planners
• Corporate
• Government
• Education
• Others

Event Management Software Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of Event Management Software Market

• Aventri Inc.
• Cvent Inc.
• Eventbrite
• Zoho Corporation

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.

Intellectual Property Management Software Market is Anticipated to Upgrade USD 431.6 Million Revenue By 2028: Grand View Research Inc.

 Intellectual Property Management Software Market Growth & Trends

The global intellectual property management software market size is anticipated to reach USD 431.6 million by 2028, expanding at a CAGR of 15.6% over the forecast period, as per the research conducted by Grand View Research, Inc. Development in the Information and Communication Technologies (ICT) sector, coupled with the growing awareness and adoption of intellectual property management software across emerging economies such as China and India, are expected to offer lucrative opportunities for the market growth.

Furthermore, increasing government initiatives toward creating a digital infrastructure and regulatory framework to monetize and protect creations are also expected to contribute to the growth of the market. For instance, China’s central government has developed a specialized intellectual property division in courts to deal with infringement and is committed to streamlining enforcement processes for trademark violations. Additionally, India is building a digital infrastructure in line with the country’s national IP policy. This initiative will safeguard and promote patents while protecting intellectual properties.

The outbreak of the COVID-19 pandemic has negatively impacted the growth of the market for intellectual property management software. The lockdown restrictions imposed by various governments across the globe have significantly impacted the use of the software. However, the market is expected to witness significant growth with the gradual leniency in restrictions and resumption of businesses.

North America contributed around 40.0% to the total market share in 2020, attributed to the increasing use of patents in the region. For instance, as per the data published by United States Patents and Trademarks Office, the number of patents used in the U.S. totaled 399,055 in 2020, compared to 370,423 in 2019. The regional market is anticipated to witness steady growth over the forecast period as well.

Some of the prominent players in the market for intellectual property management software include Anaqua Inc.; Clarivate; Innovation Asset Group, Inc.; Gemalto NV; CPA Global; and Questel. These players focus on launching new products, applications, and services to enhance their business operations. For instance, in November 2019, CPA Global announced its customer-focused strategy to enhance IP outcomes from improved data-enabled IP decision-making and improved IP productivity across the industry. After the acquisition of ipan/Delegate Group, CPA global operates in two core business divisions namely Software and Tech-Enabled Services.

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Intellectual Property Management Software Market Report Highlights

• The service component segment is expected to dominate the market owing to the increasing demand for post-sale services for software across the globe. The segment is expected to reach USD 237.8 million by 2028
• The cloud deployment segment is anticipated to expand at the highest CAGR of 16.3% over the forecast period
• The commercial end-user segment is expected to dominate the market over the forecast period. It is anticipated to reach USD 255.2 million by 2028
• The patent management segment is anticipated to witness the fastest CAGR of 16.1% over the forecast period. The growth can be attributed to increasing patent registrations and applications globally
• North America is projected to account for the largest market share over the forecast period. The regional market is anticipated to reach USD 163.9 million by 2028. The rapid adoption of technological innovations and the presence of various prominent players in the region are some of the major growth drivers for the market in this region
• Prominent industry participants include Anaqua Inc.; Innovation Asset Group, Inc.; Gemalto NV; CPA Global; and Questel

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Intellectual Property Management Software Market Segmentation

Grand View Research has segmented the global intellectual property management software market based on component, deployment type, end-user, application, and region:

Intellectual Property Management Software Component Outlook (Revenue, USD Million, 2018 - 2028)

• Service
• Software

Intellectual Property Management Software Deployment Type Outlook (Revenue, USD Million, 2018 - 2028)

• On-premise
• Cloud

Intellectual Property Management Software End-user Outlook (Revenue, USD Million, 2018 - 2028)

• Individual
• Commercial

Intellectual Property Management Software Commercial Outlook (Revenue, USD Million, 2018 - 2028)

• BFSI
• IT & Telecom
• Automotive
• Technology
• Others

Intellectual Property Management Software Application Outlook (Revenue, USD Million, 2018 - 2028)

• Patent Management
• Trade Management
• Licensing

Intellectual Property Management Software Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of Intellectual Property Management Software Market

• Anaqua Inc.
• Questel
• Gemalto NV
• CPA Global
• Innovation Asset Group 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.

Bathroom Vanities Market Is Expected To Accomplish A Valuation Of Around $65.54 Billion By 2030

 

Bathroom Vanities Market Growth & Trends

The global bathroom vanities market size is expected to reach USD 65.54 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.9% from 2023 to 2030. The increasing disposable income and changing consumer lifestyles in Asia Pacific and Europe are projected to drive demand for bathroom vanities. Also, the growth of the leisure and hospitality industries across the globe is expected to boost the demand for bathroom vanities.

The rising disposable income and proliferating economic growth are escalating the purchasing power, as a result, there is a rise in demand for high-end and aesthetic home and bathroom products, which is likely favoring the growth of the market across the globe. The National Kitchen and Bath Association (NKBA) predicted bath product spending to reach USD 199 billion in 2022. Moreover, house construction and remodeling projects to be major growth factors in the market for bathroom vanities.

Additionally, consumers' purchase decisions are mainly impacted by their changing lifestyles and the equal importance they place on interior and exterior décor. However, with rising home prices, homes are becoming compact, and the number of rooms-and their size-is decreasing. As a result, consumers are increasingly investing in storage and furniture items that are multifunctional, have enough storage, and can be easily assembled at home.

In terms of design and style, although traditional and modern bathroom vanities are popular among consumers, they mainly prefer modern styles. According to data published by Bathroom Planet, a bathroom furniture and accessories retailer in the U.K., around 79% of consumers purchased modern-style bathroom vanities in 2021. Bathroom vanities have evolved over the years, and in response, key manufacturers have been introducing new styles, patterns, and designs to meet the changing demands of consumers. Vintage-style bathroom vanities are popular among consumers who prefer unique and retro-style bathrooms.

Furthermore, with the increasing expansion of real estate as well as commercial construction, the market is bound to witness growth in the bathroom fittings industry, which is likely to propel the demand for bathroom vanities in commercial and residential settings. According to a Global Real Estate report published by Morgan Stanley Capital International (MSCI) in 2021, the efficiently managed real estate market's size increased to USD 11.4 trillion from USD 10.5 trillion in 2020.

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Bathroom Vanities Market Report Highlights

• The glass segment is expected to expand at the fastest CAGR over the forecast period. The growing inclination toward elegant, stylish, modern, and fancy bathrooms is anticipated to widen the scope of premium-quality bathroom vanities over the forecast period
• The residential segment accounted for the largest market share in 2022 and is expected to dominate the market over the forecast period. An increasing number of millennials buying homes, particularly pre-owned homes, is also fueling the demand for bathroom vanities
• The Asia Pacific region accounted for the largest share in the global market in 2022. The growth is attributed to the rising spending on home renovation projects in the region. Moreover, the increasing population and improved standard of living have spurred the growth prospects of the construction sector in the region

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Bathroom Vanities Market Segmentation

Grand View Research has segmented the global bathroom vanities market based on application, material, size and region:

Bathroom Vanities Application Outlook (Revenue, USD Million; 2017 - 2030)

• Residential
• Non-residential

Bathroom Vanities Material Outlook (Revenue, USD Million; 2017 - 2030)

• Stone
• Ceramic
• Glass
• Wood
• Metal

Bathroom Vanities Size Outlook (Revenue, USD Million; 2017 - 2030)

• 24 - 35 inch
• 38 - 47 inch
• 48 - 60 inch

Bathroom Vanities Regional Outlook (Revenue, USD Million; 2017 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa

List of Key Players in the Bathroom Vanities Market

• American Woodmark Corporation
• Avanity Corporation
• Bellaterra Home, LLC
• Design Element Group, Inc.
• Design House (DHI Corp.)
• Empire Industries, Inc.
• Foremost Groups
• Wyndham Collection
• Kohler Company
• Water Creation, Inc.
• Wilsonart LLC
• Dupont Kitchen and Bath Fixtures
• Caesarstone

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.

Genome Editing Market With Strong Application and Scope By 2030

 Genome Editing Market Growth & Trends

The global genome editing market size is expected to reach USD 24.99 billion by 2030, exhibiting a CAGR of 17.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 17.8% from 2023 to 2030 The increasing advancements in genome editing technology, the growing funding & investments in the genomics industry, the increasing prevalence of genetic disorders, and the need for improved treatments and therapies are major factors driving revenue growth.

The evolution of genome editing technologies is another contributing factor to drive revenue growth in the market. Most effective and accurate gene editing is now possible through the enhancement of new and advanced genome editing methods including CRISPR-Cas13,prime editing, and base editing, amongst others. This creates genome editing methods used more often in academic and medical contexts. For instance, in January 2020, ERS Genomics and New England Biolab collaborated to develop and commercialize CRISPR gene modification tools & reagents.

The increasing application of gene-modification tools in therapeutic research has resulted in the rising number of advanced therapeutics entering clinical trials. Furthermore, the use of artificial intelligence to advance the implementation of novel gene modification systems exhibits great potential for the technology developer. This is anticipated to greatly favor revenue generation in the foreseeable future. Research communities are exploring the potential of gene-modification instruments such as CRISPR as a potential fast screening solution for various chronic diseases. Such research programs are likely to benefit the market for genome editing in the coming years.

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Genome Editing Market Report Highlights

• By technology, the (CRISPR)/Cas9 segment held the highest share of 42.9% in 2022. It is due to an increased usage of CRISPR owing to its advantages such as targeted gene disruption
• Ex-vivo accounted for the dominant share of 52.6% in the delivery method segment in 2022. The dominant share is attributed to the growing high control offered by the model in DNA modification
• The genetic engineering segment dominated the global market in terms of application, due to the increasing number of gene therapy clinical trials
• By end-user, biotechnologyand pharmaceutical companies segment held a major share of 51.2% in 2022 due to a growing number of research activities for novel therapeutic development within various biotechnology companies
• The contract-based segment dominated the market in 2022, due to the cost-effective services offered by contract service providers
• North America held a dominant share of 47.9% in 2022. The major reason is the presence of strong research, as well as a commercial base for advanced therapy development coupled with a high number of clinical trials being conducted for gene and stem cell therapies in the region
• A few of the key players include Merck KGaA; Cibus; Recombinetics, Inc.; Sangamo; Editas Medicine; Precision Biosciences; CRISPR Therapeutics; Intellia Therapeutics, Inc.; Caribou Biosciences, Inc.; Cellectis S.A.; AstraZeneca; Takara Bio USA; Horizon Discovery Group plc; Integrated DNA Technologies, Inc.; Egenesis Inc.; GenScript; New England Biolabs; and OriGene Technologies, Inc.

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Genome Editing Market Segmentation

Grand View Research has segmented the global genome editing market based on technology, delivery method, application, mode, end-use, and region:

Genome Editing Technology Outlook (Revenue, USD Billion, 2018 - 2030)

• (CRISPR)/Cas9
• TALENs/MegaTALs
• ZFN
• Meganucleases
• Others

Genome Editing Delivery Method Outlook (Revenue, USD Billion, 2018 - 2030)

• Ex-vivo
• In-vivo

Genome Editing Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Genetic Engineering
  • Cell Line Engineering
  • Animal Genetic Engineering
  • Plant Genetic Engineering
  • Others
• Clinical Applications
  • Diagnostics
  • Therapy Development

Genome Editing Mode Outlook (Revenue, USD Billion, 2018 - 2030)

• Contract
• In-house

Genome Editing End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Biotechnology & Pharmaceutical Companies
• Academic & Government Research Institutes
• Contract Research Organizations

Genome Editing Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Thailand
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait 

List of Key Players in the Genome Editing Market

• Merck KGaA
• Cibus, Recombinetics, Inc.
• Sangamo
• Editas Medicine
• Precision Biosciences
• CRISPR Therapeutics
• Intellia Therapeutics, Inc.
• Caribou Biosciences, Inc.
• Cellectis S.A.
• AstraZeneca
• Takara Bio USA
• Horizon Discovery Group plc
• Integrated DNA Technologies, Inc.
• Egenesis Inc.
• GenScript
• New England Biolabs
• OriGene Technologies, Inc.
• Lonza
• Thermo Fisher Scientific, 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.