Globe News Wire

The global  breast pump market  is expected to reach USD 5.20 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 8.3% from 2022 to 2030. Improving healthcare infrastructure in emerging economies, increasing global women's employment rates and the presence of favorable demographics are the key driving factors for the breast pump market. Breast Pump Market Segmentation Grand View Research has segmented the global breast pump market report on the basis of product, technology, application, and region: Based on the Product Insights, the market is segmented into Open Systemand Closed System. The closed system segment held the largest market share of 65.3% in terms of revenue, in 2021 and is anticipated to witness the fastest growth rate during the forecast period. The growth is mainly owing to their higher usage rates as these systems are relatively more hygienic and contamination-free. Closed breast pumps are rapidly...

The  U.S. population health management market  size is expected to reach USD 103.7 billion in 2030, registering a CAGR of 19.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. Increase in healthcare expenditure, need for value-based healthcare delivery, and effective disease management across different care settings are among the key factors expected to drive the market during the forecast period. U.S. Population Health Management Market Segmentation Grand View Research has segmented the U.S. population health management market based on product and end use: Based on the Product Insights, the market is segmented into Software and Services. ·       The services segment dominated the market in 2021 with a revenue share of more than 52% owing to the high demand for post-purchase assistance for PHM solutions. On the other hand, the software segment is expected to register the fastest CAGR over the forecast years. The grow...

The  U.S. healthcare staffing market  size is expected to reach USD 34.7 billion by 2030, exhibiting a CAGR of 5.6% from 2022 to 2030, based on a new report by Grand View Research, Inc. Increasing geriatric population is leading to rising demand for medical services and shortage of nurses and other medical staff. The cost-effectivity of temporary staffing is likely to drive the market in the coming years. Technological advancements are one of the major drivers of rising healthcare employment. With the advent of various innovations, such as telehealth and medical informatics, the need for skilled labor to handle both technical and non-technical aspects of these devices has increased. Hence, recruitment of new professionals along with training of existing ones has become essential. The flexibility in work timings and attractive wages are primary reasons for the increasing number of nurses becoming per diem and travel nurses. U.S. Healthcare Staffing Market Segmentation Grand Vie...

The global  disposable syringes market  size is anticipated to reach USD 22.81 billion by 2030, registering a CAGR of 6.12% over the forecast period, according to a new report by Grand View Research, Inc. The market is expected to expand due to the increasing adoption of safety syringes, technological advancements, increasing demand for vaccines along with growing adoption of self-administration of drugs are supporting the market growth of disposable syringes. The COVID-19 pandemic has resulted in a significant surge in demand for emergency supplies, medical disposables, medicines, and hospital equipment. As a result of COVID-19, there has been an increase in the production of COVID-19  vaccines , resulted in rise in demand for disposable syringes. Disposable Syringes Market Segmentation Grand View Research has segmented the global disposable syringes market based on product, application, and region: Based on the ProductInsights, the market is segmented into Conventional ...

The global  contact lenses market  size is expected to reach USD 21.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.3% from 2022 to 2030. Innovative materials for manufacturing contact lenses and the increasing adoption of contact lenses are prominent factors boosting the market's growth. The rising tendency of youngsters to enhance their aesthetic appearance and the growing aging population is expected to drive the demand for contact lenses over the forecast period. The rise of astigmatism and myopia cases worldwide and the increased acceptance of these lenses in developing countries are boosting market expansion over the forecast period. Also, global factors such as the rising disposable income and improvement in the overall economy are anticipated to propel the market's growth. Contact lens manufacturers are the source for wholesale and retail distributors, and manufacturers distribute their contac...

The global  revenue cycle management market  size is expected to reach USD 658.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.6% from 2022 to 2030. Growing digitalization of healthcare is driving organizations to adopt healthcare IT solutions such as Revenue Cycle Management (RCM) systems. Unorganized data siloes generated from multiple healthcare functionalities and the increasing need to streamline workflows to enhance productivity and efficiency are driving the adoption of RCM systems and propelling market growth. The existing healthcare systems are transitioning and readily adopting electronic processes for claims management, coding, and reimbursements. The growing digital literacy across the globe and increasing healthcare IT spending coupled with technological advancements in  healthcare  infrastructure are anticipated to boost the market growth. Rising demand for workflow optimization ...

The global  oleoresin market  is expected to reach USD 2.60 Billion by 2030, as per the new report by Grand View Research, Inc. The growth is majorly driven by increased demand from the pharmaceutical, healthcare, and food and beverage industries. Therapeutic properties and multiple health benefits of oleoresins are considered to be major driving forces for the oleoresin market. Oleoresins are usually found in semi-solid states. They are derived from a variety of spices such as turmeric, garlic, paprika, and others. Oleoresins is a developed comprehensive market with the most important applications in the  food & beverage  and pharmaceutical sectors. Oleoresins are driven by cumulative demand for flavors, fragrances, and rising utilization in the pharmaceutical sector. Oleoresin Market Segmentation Grand View Research has segmented the global oleoresin market report based on the product, application and region Based on the Product Insights, the market is segmente...

The  Europe nutrition and supplements market  size is expected to reach USD 102.5 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.8% from 2022 to 2030. The growing inclination of the European population towards fitness and health is a key factor driving the market. The demand for enriched foods, functional foods, and nutritional supplements across European countries has also risen. The newfound interest in preventative health using supplementation and functional foods has also contributed significantly to the growth. Europe Nutrition and Supplements Market Segmentation Grand View Research has segmented the Europe nutrition and supplements market on the basis of product, consumer group, formulation, sales channel, and country: Based on the Product Insights, the market is segmented into Sports Nutrition, Dietary Supplements and Functional Foods. The functional foods and beverages segment held the largest revenue sha...

The global  lecithin market  size is expected to reach USD 1,068.8 million by 2030, expanding at a CAGR of 7.7% from 2022 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by rising demand for lecithin, which has compelled the end-use manufacturers to include it in their product formulations. Growing demand for lecithin in the developed economies of North America and Europe, despite the high prices of the products, is estimated to offer various opportunities for natural ingredient manufacturers, thereby opening new avenues to market entrants. Companies operating in the product market can focus on expanding their production capacities and product offerings. Lecithin Market Segmentation Grand View Research has segmented the global lecithin market report based on source, end-use, form, and region: Based on the Source Insights, the market is segmented into Soy, Sunflower, Rapeseed and Others. The soy segment dominated the lecithin market ...

The global  biochar market  size is estimated to reach USD 3.1 billion by 2025, according to a new report by Grand View Research, Inc.. It is expected to expand at a CAGR of 13.2% over the forecast period. Globally increasing demand for the product in organic farming has been a major factor influencing the growth. In addition, increasing consumption in livestock feed and awareness pertaining to benefits of biochar as soil amendment are expected to drive the demand. Biochar is an evolving industry and is anticipated to become a major influencing factor in increased crop yield and productivity of the agriculture sector. It improves soil fertility and provides necessary nutrition to crop. Moreover, applications in energy production and greenhouse gas remediation are expected to provide new revenue opportunities to the sector. The market consists of organized and unorganized manufacturers. Growing economies such as China, India, Japan, Mexico, and Brazil produce significant amount...

The global  plant-based meat market  size is projected to reach USD 24.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 19.3% from 2022 to 2030. Growing adoption of vegan lifestyle and diet among health-conscious consumers in traditionally meat-eating developed economies are expected to drive the market over the forecast period. Growing concern of consumers regarding animal welfare and greenhouse gas emission created by the distinguished practices of the  meat industry  is driving the market. Celebrity endorsements of vegan/vegetarian diets are projected to augment the demand for meat alternatives in the global market. In addition, launch of new products by the manufacturers similar to meat in terms of flavor, texture, color, and taste is increasing product demand. Plant-based Meat Market Segmentation Grand View Research has segmented the global plant-based meat market on the basis of source, prod...