At the start of 2023, many financial observers (including the MarketResearch.com economics department) expected the US economy to suffer a recession during the year, most likely during the first half of the year. The Federal Reserve was fighting inflation with a campaign to raise short-term interest rates. Those higher rates were expected to cool business and residential investment spending and eventually lead to decline in overall economic activity.

Health coaching has emerged as a $7.6 billion service market, with a strong growth outlook. There are now an estimated 128,000 health coaches and health educators that advise and motivate clients to change bad lifestyle habits and to manage chronic conditions such as diabetes.

Health care expenditures continue to rise in the U.S. and throughout the world. Total U.S. health care expenditures were estimated to be $4.12 trillion in 2022 and are projected to soar to $5.51 trillion in 2030.

In 2023, the MarketResearch.com blog published data from a variety of leading market research firms. Our most-read articles discussed influential market trends, high-growth industries, and the rise of artificial intelligence.

Obstructive sleep apnea (OSA) affects roughly one out of every five people in the United States and it is estimated that 85% of people suffering from OSA are underdiagnosed (Santilli, et al., 2021).

Many global industries are being transformed by advances in technology, and education is no exception.

The ear, nose, and throat (ENT) specialty, also known as otorhinolaryngology, is a medical field with over 300 million procedures conducted globally in 2022. This market is set to grow larger than its current value as innovations continue to bring more solutions to the table, to help a wider range of patients.

Profits at veterinary clinics are increasingly squeezed by dropping usage and competition from online pet prescription services. In this challenging market environment, many veterinary clinics are looking to expand their sources of revenue. 

The consumer electronics industry has undergone a significant transformation over the past few years, driven by the increasing demand for smarter and more advanced devices.

High-performance computing (HPC), characterized by its capacity to analyze data and perform complex computations at remarkable speeds, is at the forefront of technological innovation. According to a recent report by The Business Research Company, the HPC market is experiencing strong growth: