Posts

Showing posts from March, 2023

Contraceptive Market Expected To Fuel Industry Growth With $45.1 Billion By 2030: Grand View Research Inc.

Image
  The global contraceptive market size is expected to reach USD 45.1 billion by 2030 , registering a CAGR of 6.01% from 2022 to 2030 , based on a new report by Grand View Research, Inc. The growing prevalence of Sexually Transmitted Infections (STIs), especially HIV, and the introduction of new products exhibiting improved efficacy is expected to drive the industry growth during the forecast period. The presence of high unmet contraceptive needs coupled with the implementation of favorable government policies is expected to significantly contribute to market growth. The government spending on contraceptives is growing rapidly. This is expected to drive the growth of the market over the forecast period. According to the Family Planning 2020 Women at the Center report, Australia provided USD 22.2 million in bilateral family planning funding for the 2017 - 2018 fiscal year. The U.S. provided USD 630.6, the U.K. provided USD 292.2, Canada provided USD 81.8, and Germany provided USD 51.3

Remote Patient Monitoring Software And Services Market Expected To Fuel Industry Growth With $65.0 Billion By 2030: Grand View Research Inc.

Image
  The global remote patient monitoring software and services market size is expected to reach USD 65.0 billion by 2030 , registering a CAGR of 32.8% during the forecast period, according to a new report by Grand View Research, Inc. RPM software and services help the healthcare professionals to monitor disease progression in patients remotely. The solutions also allow clinicians to provide care plans and self-education to patients based on their condition. Rising healthcare spending by governments across the world is a major driver of the growth of the industry. For instance, the U.S. per capita healthcare spending increased from USD 10,921 in 2022 to USD 12,318 in 2021. This is anticipated to boost the growth of the market during the forecast period. Moreover, the rising demand to curb healthcare costs is anticipated to drive the growth of the industry. RPM software helps reduce hospital visits while also reducing the risk of disease transmission, which is anticipated to increase i

Swine Vaccines Market Projected To Exhibit Robust CAGR of 4.9% For The Forecast Period From 2022 To 2030: Grand View Research Inc.

Image
  The global swine vaccines market size is expected to reach USD 2.3 billion by 2030 , according to a new report by Grand View Research, Inc. The market is anticipated to witness a lucrative CAGR of 4.9% from 2022 to 2030. The increasing prevalence and incidence of swine diseases, rising concerns over zoonoses, and strengthening biosecurity measures among swine farms are some of the major factors augmenting the market growth. In addition, the initiatives taken by government and animal healthcare organizations in spreading disease awareness and supporting vaccination drives are further propelling the market growth during the projected period. The Covid-19 pandemic has directly or indirectly impacted the key player’s swine vaccine business operations and resulted in declined financial performance during the initial time. The effect of the pandemic with various production and supply chain bottlenecks delayed the delivery of necessary raw materials or active ingredients and postponed c

Healthcare Digital Twins Market 2030 Growing Worldwide By Best Key players- Atos; Dassault Systems (3DS System); Microsoft; Philips Healthcare; Unlearn.AI, Inc.; QiO Technologies; PrediSurge; Verto Healthcare; ThoughWire; Fasttream Technologies; Twin Health

Image
  The global healthcare digital twins market size is expected to reach USD 3.5 billion by 2030 , according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 25.6% from 2022 to 2030 . Digital twins are digital models or real-time replicas of an object or process that incorporates and updates all the available data in real time. The technology is used in healthcare to test the safety and economic viability of a scenario before it is launched into the real world. The adoption of digital twins in the healthcare industry is still in a nascent stage but scientists are adopting the technology to test viability of surgical procedures and develop personalized medicine. These are some of the key factors anticipated to fuel the market growth during the forecast period. For instance, digital twins are used in healthcare to study diseases such as multiple sclerosis and Alzheimer’s to better understand the treatment options and accelerate clinical trial ti

Welding Products Market Growth On The Basis Of Type, Application, Region & Forecast To 2030: Grand View Research Inc.

Image
  The global welding products market size is expected to reach USD 19.94 billion by 2030 , as per a new report by Grand View Research Inc. Rapid industrialization and growing investments in infrastructural developments in major economies such as the U.S., UK, China, India, and Brazil have propelled the market growth. Oxy-fuel welding technology is gaining significant growth on account of its growing use in industrial manufacturing applications. The welding equipment and products used in this technology are highly cost-efficient which promotes its implementation in welding fillet, butt, and lap joints with the object thickness of up to 5mm. The market is fragmented in nature with the presence of a number of global and regional players. Several manufacturers in the market have integrated themselves across the value chain on account of increasing opportunities and moderate growth rates. This helps the market players grab a higher market share. Welding products are consumables such as

Legal Process Outsourcing Market Expected To Witness A Substantial Growth Of $117.89 Billion By 2030: Grand View Research Inc.

Image
  The global legal process outsourcing market size is anticipated to reach USD 117.89 billion by 2030 , exhibiting a CAGR of 30.9% over the forecast period, according to a new report by Grand View Research, Inc. Legal process outsourcing provides legal support to law firms and legal organizations at a lesser cost. Even though the work outsourced to LPO providers is primarily process-oriented, there are several niche LPOs that carry out legal services with considerably high levels of analytical skills. These tasks include patent application drafting and legal research, subject to training imparted by the clients. The LPO industry has developed significantly over the years as the number of LPO providers has grown considerably. Currently, the services are delivered from the LPOs with staff in England, U.S., South America, the Philippines, and Canada. Moreover, the players have expanded from small boutique providers to Business Process Outsourcing (BPO), global consulting, and technolo

Automotive Plastics Market is Predicted to Observe a Tremendous Growth, With a CAGR of 4.7% From 2022 To 2030: Grand View Research Inc.

Image
  The global automotive plastics market size is expected to reach USD 43.4 billion by 2030 , according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.7% from 2022 to 2030. A rising preference for high-performance plastics to substitute conventional metals and rubber is expected to impel the market growth. The COVID-19 pandemic negatively impacted automotive plastics manufacturers by halting automotive production and reducing vehicle demand due to global financial instability. The outbreak disturbed the entire automotive supply chain on a worldwide scale. Since the market for automobiles is entirely dependent on vehicle sales, this outbreak affected this market significantly. However, the market grew substantially in 2021 primarily due to the increased electric vehicle sales and is therefore expected to stimulate the market growth over the forecast period. The polyurethane product segment is anticipated to witness significant growth ove