According to a recent research report by BIS Research, titled Global Unmanned Ground Vehicle Market - Analysis and Forecast (2016-2023), the global unmanned ground vehicle market is expected to reach $9.06 billion by 2023. The major factors contributing to the growth of the market are reduced human intervention, increased efficiency and the flexibility offered by unmanned ground vehicles (UGVs).

Welcome to our new recurring blog series, where we'll bring you up to speed on the latest industry analysis and market research blogs from the past week. 

Take a look at recent articles from MarketResearch.com and our publishing divisions, plus a few top picks from other relevant websites and forums. 

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.

The construction equipment industry is a classic cyclical market, with pronounced ups and downs and the potential for significant year-to-year swings in demand. But even this pattern has been disrupted over the last eight years or so as the industry has struggled to come to terms with the immediate aftermath of the global financial crisis.

As one of the world’s leading publishers of business intelligence, IBISWorld provides up-to-date market information on a wide variety of industries and business sectors.

IBISWorld currently has 8,189 reports available on MarketResearch.com. Here’s a quick look at some notable industry reports and their key findings.

Last month, MarketResearch.com's publishing divisions were cited in a number of high-profile publications including The Economist, Bloomberg Businessweek, The Wall Street Journal, and Forbes, among many others.

Read on to learn about the newsy insights, quotes, and data covered by the press. To access additional information about a particular subject, click the link to the related report page.

The subscription economy is one of several alternative business models gaining traction across sectors and is explored in a recent report, Engage, Return, and Repeat: The Subscription Economy, by Euromonitor International.

The subscription model has wrought major changes across many industries — from Dollar Shave Club’s disruption of the razor market, to Birchbox’s explosion into cosmetics, and the impact of companies like Zipcar selling mobility rather than the car itself. Many businesses are asking themselves how they can tap into the subscription model, but should they is another important question.

Forbes recently published an article written by Ken Long, a Senior Industry Analyst at The Freedonia Group, a division of MarketResearch.com. The article highlights seven key facts you need to know before investing in drone technology.

Read the article to learn:

• Forecasts of U.S. drone sales to 2020
• Which markets are poised to explode and which will climb at moderate rates
• Where you can find possible investment opportunities

Clinical laboratories are a critical component of health care. Approximately 80% of physicians’ diagnoses are a result of laboratory tests, according to Kalorama Information, a healthcare market research firm.

Common routine tests include cholesterol level tests, HIV tests, pap tests, pregnancy tests, and substance abuse tests. Clinical lab testing is also used to monitor diseases and drug treatments. Specialty testing, which is often more costly, may include genetics, immunology, oncology, endocrinology, and other segments.

According to a recent report by Lucintel, the worldwide skincare products industry is forecast to reach $135 billion by 2021, with opportunities in anti-aging, body lotion, sun protection, and multi-functional skin cream.

Facial care, in particular, is expected to exhibit above-average growth. Skincare creams that do double-duty — such as combining sun protection and anti-aging properties — will help boost the market as well.