Asia Attracts Health Tourism with Low Prices and High Quality

Asia is one of the leading destinations for health tourism. Countries such as India, China, Malaysia, and Thailand are witnessing large numbers of medical tourists due to cheaper treatment costs and high-quality healthcare services. In 2016, Indians and Chinese spent around $68 and $431 per head respectively on medical treatment while Americans spent at least 19 times more. This is one of the key themes explored in The Business Research Company’s recent Healthcare Market Global Report 2017.

Topics: Pharmaceuticals Healthcare Industry Insights

4 Major Trends to Follow in the Veterinary Services Industry

Groundbreaking technological advances are rapidly transforming the veterinary services industry — expanding treatment options and boosting potential revenue growth. While these developments are creating exciting new possibilities, veterinary service providers that are slow to adapt may fall behind and miss a key window of opportunity.

The Veterinary Services Global Market Report 2017 from the Business Research Company highlights four major trends in the veterinary market that should be followed in order to stay competitive.

Topics: Healthcare Pets Industry Insights

Global Dermatology Sector Set for Expansive Growth Over Next 10 Years

In a recent GMR Data report, figures indicate that revenues for the dermatology drug market will reach $83.2 billion in 2026 from a base of $31.6 billion in 2016.

The largest dermatology drug markets in 2016 include areas such as acne, worth $3.89 billion globally, skin infections ($6.59 billion), and skin cancer ($5.06 billion).

Robust sales in western markets, entrance of new drugs into emerging markets, and increasing prevalence of skin conditions are all driving the global forecast for the next decade.

Topics: Pharmaceuticals Healthcare Industry Insights

Retail Health Clinics Poised for Growth in 2017

Retail clinic locations have increased 38 percent in the last five years, according to Kalorama Information, a leading publisher of healthcare market research. Retail clinics are positioned for significant growth in the future, as patients continue to seek out convenient, low-cost healthcare services.

Because doctor's offices are usually only open during business hours on weekdays, it can often be challenging to make an appointment, take time off work, and sit in the waiting room before being seen by a medical professional. In contrast, retail clinics offer walk-in services seven days a week, including evenings and weekends.

Topics: Healthcare Kalorama Information

MarketResearch.com in the News: July Highlights

This past month, MarketResearch.com’s publishing divisions were cited in a wide variety of publications including the New York Times, Slate Magazine, and numerous trade journals. Take a look at a selection of press highlights below. To access more information about a particular topic, click the link to the report page.

Topics: Food & Beverage Healthcare Pets Industry Insights Heavy Industry

MarketResearch.com in the News: June Highlights

The publishing divisions at MarketResearch.com are frequently cited in top publications and trade journals. In June, research by Kalorama information appeared in articles on direct-to-consumer laboratory testing, the market for electronic medical records, and outsourcing in drug discovery. A variety of media outlets turned to Packaged Facts for its expertise on pet litter products, coffee creamer trends, and meal kit delivery services.

Take a look at press highlights from June below. To access more information, click the link to the report page.

Topics: Food & Beverage Healthcare Pets Industry Insights Heavy Industry

Home Health: Key Issues and Trends [Infographic]

The home care industry is worth $84 billion in the U.S. alone and employs more than 1.7 million people. As seniors age, exponential growth is projected in this industry in the coming decade. The global home healthcare industry is forecast to produce revenues of $300 billion in 2020, up from $180 billion in 2014.

For more information on these healthcare industry trends, check out the infographic created by Be Independent Home Care, which draws on data and analysis found on MarketResearch.com and other sites.

Topics: Healthcare Industry Insights

The Future of Virtual Reality and Augmented Reality

Despite past failures and false starts, virtual reality is taking off. According to a report by Rider Research, virtual reality has become one of the hottest technology buzzwords for 2016. Consumer demand is rising fast as realistically priced virtual reality and augmented reality products hit the market.

But what exactly are augmented reality and virtual reality products? Who can use them? And which industries are going to most benefit from these new technologies? Read on to find out.

Topics: Travel & Leisure Consumer Electronics Healthcare Media Industry Insights

9 Leading Companies in Direct-to-Consumer Genetic Testing

As patients take a more proactive role in their own health care, direct-to-consumer (DTC) laboratory testing is becoming increasingly popular. DTC genetic tests allow consumers to access information about their genetics without necessarily involving healthcare professionals in the process. 

A number of established and emerging companies are competing in this growing market. Kalorama Information, a healthcare market research firm owned by MarketResearch.com, recently profiled a variety of prominent market participants in its report The Market for Direct-to-Consumer Genetic Testing and Routine Laboratory Testing. This blog post highlights 9 of these companies that are among the leaders in the industry.

Topics: Diagnostics Healthcare Kalorama Information

Long-Term Care Market Exceeds $300 Billion

The long-term care market in the United States reached $305 billion last year, according to a new report by Kalorama Information, a healthcare market research firm own by MarketResearch.com. Long-term care encompasses a continuum of services including home care, assisted living, hospice, and skilled nursing care. It is estimated that two out of five Americans will need long-term care at some point in their lives. The vast majority of people using long-term care services are senior citizens.

Topics: Healthcare Kalorama Information Industry Insights