Aging Global Population to Drive $1 Trillion Nursing Care Market

According to a recent report from The Business Research Company, the global nursing care market will grow to more than $1,100 billion at an annual rate of 8.6% to 2022. The market will be driven by the growing aging population and the introduction of robots to complement overburdened care workers, reducing current labor shortage issues that are restraining the market.

Topics: Healthcare Industry Insights

Virtual Reality and Augmented Reality in Healthcare: A Market Overview

Augmented reality overlays digital information in an augmented form in the physical world. It enables the gathering of data and presents the data in 3D condition. Virtual reality (VR), on the other hand, is where computer-assisted technology is used to construct a simulated environment virtually. At present, the global virtual reality and augmented reality market across different end-user industries was valued at $12.15 billion in 2018 and is projected to reach $78.45 billion by 2025.

Topics: Software & Enterprise Computing Healthcare Industry Insights

Virtual Weight Loss Market Grows to $1.4 Billion

The total weight loss market is now worth more than $72 billion, and a growing share of it takes place online and digitally. Technology and increased usage of the Internet and smartphones have changed the way Americans lose weight, and how they access weight loss programs. New companies like Noom have entered the market with apps in attempts to “disrupt” long-established players like Weight Watchers, NutriSystem, and Jenny Craig.

Topics: Food & Beverage Healthcare Industry Insights

Top 9 Things to Know About the Weight Loss Industry

The total U.S. weight loss industry hit a new peak in 2018, growing 4% to $72 billion. The largest diet companies are shifting direction and changing ownership as Weight Watchers rebrands itself to its new name WW and focuses more on wellness, Jenny Craig is up for sale, NutriSystem gets acquired by Tivity Health, and Slim-Fast is acquired by Glanbia, a multilevel marketing firm.

Topics: Food & Beverage Pharmaceuticals Healthcare

3 Key Ways Walgreens Is Advancing the Market for Retail Clinics

In 2018, the U.S. retail health market continued to adapt and change. While much of the recent news cycle has been dominated by talk of the mega-merger between CVS (operator of the MinuteClinic) and Aetna, another key industry player – Walgreens Boots Alliance – has been quietly growing its already expansive network of partnerships with regional health systems and other entities.

Topics: Healthcare Industry Insights

Blood Glucose Test Strips to Reach Record Sales Due to Global Diabetes Epidemic

In 2021, the global market for blood glucose test strips will be worth $12.93 billion, its highest ever level, a new report from the Business Research Company shows.

Topics: Healthcare Medical Devices Industry Insights

Opportunities in the Shoulder Replacement Implants Market

The US market for shoulder arthroplasty implants is worth over 40% of the entire global market for all types of minor orthopedic replacement implants and is growing at 6.6% year on year, according to a recent report by The Business Research Company.

Topics: Healthcare Medical Devices Industry Insights

Key Factors Driving the Laparoscopy & Endoscopy Devices Market

According to a market intelligence report from BIS Research, the laparoscopic and endoscopic devices market is expected to reach $27.92 billion by 2025. The market is likely to grow at a CAGR of 4.80% from 2018 to 2025.

Topics: Healthcare Medical Devices Industry Insights

Top 6 Things to Know About the U.S. Fertility Clinics Industry

According to a new report from Marketdata, the fertility clinics industry in the United States is booming, thanks to growing demand from American couples that have delayed childbearing, more widespread acceptance of fertility treatment and usage by gay couples, improved success rates, a strong economy, and significant demand from medical tourists coming from Europe and China. The industry is fragmented, largely untapped, and is ripe for consolidation.

Topics: Diagnostics Healthcare Industry Insights

U.S. Weight Loss Industry Outlook Strong for 2018 and Beyond

There are very few negatives in this year’s outlook for the U.S. weight loss market. The largest competitors are back in high-growth mode, unemployment is down, obesity rates are still high, and more DIY dieters seem to be joining structured programs.

The industry appears to be hitting on all cylinders, propelled by a strong overall economy and continued high demand for weight loss programs by a largely overweight population.

Topics: Food & Beverage Healthcare Industry Insights