The global video telemedicine market is evaluated at US$7.044 billion for the year 2019 and is projected to grow at a CAGR of 35.23% to reach a market size of US$58.251 billion by the year 2026. The technology of video telemedicine is used to provide healthcare services even in a remote areas. It is the systematic blend of information technologies and telecommunication in consideration to provide healthcare services even at a distant place. Video telemedicine market is anticipated to lucrativ Read more...
Global Home Healthcare Services market was valued at US$275.945 billion in 2019. Home healthcare services allow people to stay in their homes rather than use institutional-based healthcare services. Rising incidence of chronic diseases all around the world due to an unhealthy lifestyle and dietary patterns is the major driver of the global home healthcare services market. According to the International Diabetes Foundation (IDF), around 463 million adults (20-70 years) had diabetes in 201 Read more...
The health and fitness services market was valued at US$125.968 billion in 2019. The health and fitness services market is primarily driven by the growing concerns over a healthy lifestyle across the population throughout the globe. Increasing health awareness regarding the benefits of exercise and fitness services is anticipating the demand for these services an adding up to the market growth over the coming years. In addition, the rising disposable income coupled with the changing life Read more...
The athleisure market is estimated at US$288.864 billion for the year 2019. The major factors that drive the growth of the athleisure market include the rising concerns regarding physical fitness and personal grooming among the young population. Also, the shifting consumer preferences towards comfortable wear combined with fashion, especially at workplaces and social gatherings is also considered to be an important factor which is increasing the use of athleisure and adding up to the mar Read more...
Global Spa Services market is estimated at US$19.429 billion for the year 2019. The spa services market is poised to surge at a notable rate throughout the forecast period owing to the rising adoption of these services especially in the developed economies due to the presence of a higher proportion of urban population along with the hectic lifestyle of the people. Spa services refer to those services which collectively include the various personal care services such as massage, facials, Read more...
The medical cloud market is projected to grow at a CAGR of 22.23% during the forecast period, reaching a total market size of US$47.268 billion in 2024 from US$14.175 billion in 2018. The medical and health care sector is witnessing continuous technological advancements. Cloud computing systems have made the healthcare sector more cost-efficient and convenient. A rise in the adoption of information technology in the health care sector has boosted the growth of the market. Stringent regu Read more...
Cloud Computing services are used in healthcare in order to store and manage the healthcare data which are mainly related to the patients. The healthcare cloud computing services market is expected to have a significant market growth driven by the growing amount of data being generated by healthcare organizations. The growth in data is further accentuated by the use of wearable devices and IoT in healthcare. The improved storage, scalability and flexibility provided by cloud services are also ex Read more...
AR in healthcare market is witnessing a big boost with a high expected CAGR of 31.63% and market value expected to rise from US$779.994 million in 2019 to US$4,057.144 million in 2025. Augmented Reality (AR) and Virtual Reality (VR) technologies are gaining significant traction among healthcare experts owing to their numerous applications that range from assessment of surgical preparation to minimally invasive surgery and rehabilitation. Other applications of augmented reality in healthcare Read more...
The global healthcare consulting services market is projected to grow at a CAGR of 6.63% to reach US$13.523 billion by 2024, from US$9.200 billion in 2018. Healthcare consulting services refer to financial planning, operations management, marketing strategy, HR planning and facility planning services among other services which is focused on the upgradation of the healthcare system in order to improve the efficiency and productivity. This indirectly helps in improving the patient care. The gro Read more...
The global laboratory automation market is projected to grow at a CAGR of 5.87% to reach US$18.191 billion by 2024, from US$12.922 billion in 2018. Growing awareness regarding the advantages of laboratory automation coupled with technological advancement being made in the field is some of the major factors driving the demand for these automation solutions. In addition, growing funds by government and private funding to make advancement in the field of biotechnology and drug discovery will fur Read more...
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