Personal Care Market Intelligence

  Facial Injectable Industry Overview The global facial injectable market size was valued at USD 16.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.1% from 2022 to 2030. A growing focus on physical appearance among consumers has led to an increased demand for facial injectables in recent years. Increasing awareness regarding minimally invasive procedures due to various beauty campaigns being organized by key players in the market is also a driving factor for market growth. The ongoing COVID-19 pandemic has increased the time spent on video calls. Known as the ‘Zoom Boom’, several adults are becoming more aware of their appearance. This has increased demand for cosmetic surgeries, with Botox being one of the most popular products preferred. Gather more insights about the market drivers, restrains and growth of the Global Facial Injectable Market Patients are also opting for cosmetic surgeries owing to ease of recovery while staying at h...

  U.S. Revenue Cycle Management Industry Overview The U.S. revenue cycle management market size was valued at USD 126.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.3% from 2022 to 2030. The rapidly transforming healthcare system and adoption of digitalization are paving a path for implementing healthcare IT services such as revenue cycle management (RCM) systems to organize and streamline workflows of healthcare organizations using synchronized management software solutions. RCM solutions are an integration of payment models, reimbursement guidelines, codes, and third-party payers. Medical services are facing complex challenges in billing and precise payment, which is anticipated to drive the demand for innovative RCM solutions. The availability of advanced innovative RCM solutions offered by renowned third-party service providers enables the healthcare industry to leverage the economic value and efficacy of these RCM solution...

  Orthopedic Braces and Supports Industry Overview The global orthopedic braces and supports market size was valued at USD 4.35 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.6% from 2022 to 2030. Increasing product and technological developments, rising geriatric population, prevalence of chronic and acute conditions, and initiatives by major companies are some of the key drivers of this market. For instance, in February 2021, BREG, Inc. launched Pinnacle and Ascend lines of orthopedic braces comprising of 15 products for patients with spinal injuries. With this development, the company expanded its portfolio in manufacturing in every major orthopedic bracing category. The COVID-19 pandemic adversely impacted the market for orthopedic braces and supports in 2020 with low demand and sales. The bracing & support market is largely driven by surgeries, injuries, and access to physicians all of which were affected by the pandemic and ...

  Virtual Events Industry Overview The global virtual events market size was valued at USD 114.12 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 21.4% from 2022 to 2030.  The widespread use of collaboration and communication tools in various industries and industry verticals, including retail & e-commerce, healthcare, manufacturing, construction, and education, among others, is anticipated to boost the market growth during the forecast period. The growing adoption of Unified Communication as a Service (UCaaS)-based solutions by various organizations and enterprises, including academic institutions, allows the employees and other resources to virtually engage with all the business proceedings and help in realizing a more efficient and effective workflow, which bodes well for the market growth. Google LLC’s Hangouts, Microsoft Corporation’s Microsoft Teams, and Zoom Video Communications, Inc.’s Zoom are some of the UCaaS-based...

  Brain Computer Interface Industry Overview The global brain computer interface market size was valued at USD 1.52 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 17.16% during the forecast period. Key drivers of the brain computer interface (BIC) market include the increasing prevalence of neuroprosthetic conditions, rising global geriatric population base, and rapid technological developments facilitating communication and movement in paralytic patients. Furthermore, the use of this technology in virtual gaming, home control systems, and military communication enhance the applicability of the market, fueling its growth. The COVID-19 pandemic severely affected the market. Market players, such as Natus, reported an impact on their supply chain during the pandemic. This is because most of their materials are single source and need lengthy qualification periods.   Gather more insights about the market drivers, restrains and growth of t...

  Disposable Syringes Industry Overview The global disposable syringes market size was valued at USD 13.45 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.12% from 2022 to 2030.  The growth is attributed to the growing prevalence of chronic disorders, increasing adoption of safety syringes, and a growing number of surgeries globally. For instance, according to Mölnlycke Health Care AB in 2021, 70 million surgical procedures are performed every year in Europe. Earlier the syringes were expensive and were used to be manufactured abundantly. Hence, healthcare professionals had to reuse syringes on different patients. As a result, it was critical for all doctors/physicians to properly sterilize and sharpen the syringe after each use. Therefore, many chronic diseases began to spread in past years. Due to this demand for disposable syringes has been increased due to their several benefits over reusable syringes. Several benefits of disposabl...

  U.S. Healthcare Staffing Industry Overview The U.S. healthcare staffing market size was valued at USD 24.1 billion in 2021 and is estimated to expand at a compound annual growth rate (CAGR) of 5.6% from 2022 to 2030. Some of the factors responsible for the market growth are the increasing demand for temporary staffing for medical professionals due to the rising geriatric population and the lack of skilled nursing staff across the country. An increase in life expectancy has led to a rise in the geriatric population. According to the U.S. Census Bureau, the number of adults aged 65 or older is on track to grow an estimated 80% between 2020 and 2030. People over 65 are three times more likely to have a hospital stay and twice as likely to visit a physician's office, compared with the rest of the population. An aging population is expected to have a significant impact on healthcare delivery because they are highly susceptible to lifestyle diseases and chronic conditions.   ...

  U.S. Population Health Management Industry Overview The U.S. population health management market size was valued at USD 20.6 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 19.5% from 2022 to 2030. The market is majorly driven by the growing demand for healthcare IT services and solutions that support value-based healthcare delivery, resulting in a transition from Fee-For-Service (FFS) to a Value-Based Payment (VBP) model. Increasing healthcare expenditure and the rising need for value-based healthcare and effective disease management across different care settings are expected to drive the market in the U.S. More than 130 million people in the U.S. suffer from at least one chronic condition. Chronic conditions are responsible for around 70% of deaths in the U.S. each year, resulting in 1.7 million deaths.  Gather more insights about the market drivers, restrains and growth of the U.S. Population Health Management Market Managing...

  Breast Pump Industry Overview The global Breast Pump Market size was valued at USD 1.84 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 8.3% from 2022 to 2030. The key factors driving market growth include rising global women's employment rates, improved healthcare infrastructure in emerging economies, and government initiatives to support working mothers. The International Labor Organization (ILO) reports that there has been visible progress in terms of employment opportunities and gender equality over the last 20 years.  The ILO initiated the 2030 United Nations Agenda, which declares that the genders of youth and the disabled population are likely to have equal pay without discrimination in order to achieve gender equality and empower all women and girls in order to achieve productive employment, gender equality, and economic development. Gather more insights about the market drivers, restrains and growth of the Global Breast Pum...

  Europe Nutrition And Supplements Industry Overview The Europe Nutrition And Supplements Market size was valued at USD 61.8 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2030. Europe's population has become more aware of health and fitness and has been increasingly adopting nutritional supplementation for achieving thesir dietary goals. The demand for natural and organic products has grown, and so has the demand for plant-based products and functional foods owing to the rapidly increasing geriatric population across the sub-continent. As per Europa in 2021, approximately 20.8% of the population in the EU was aged 65 or above. Nutritional supplementation is seen as an effective means to boost immunity. Supplementing one’s diet with necessary micronutrients and vitamins to reach one’s health goals has been gaining a lot of momentum across all age groups, more so during COVID, to avoid any lapses in immunity and as a prevent...

  Mining Automation Industry Overview The global mining automation market size was valued at USD 4.6 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.3% from 2022 to 2030. The rapid advancement in technology such as Artificial Intelligence (AI) and robotics have resulted in increased usage of mining automation solutions as a means of boosting production efficiency. The increasing trend of deploying innovative technologies is driving the growth of automated mining solutions. The emergence of the Internet of Things (IoT) in this sector offers mine management with real-time data and analytics with the help of visualization tools. Several operators are teaming up with technology companies for deploying wireless networks underground. For instance, in April 2021, International Business Machines Corporation (IBM) announced the acquisition of myInvenio, an Italian startup company. The Company builds and operates process mining software. The initiativ...

  Veterinary Artificial Insemination Market pr1 The global veterinary artificial insemination market size was valued at USD 4.2 billion in 2021 and is estimated to expand at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2030. Growing demand for improved animal efficiency and productivity, demand for animal protein, supportive initiatives by industry stakeholders, need for sustainable food production, and adoption of sexed semen in developing markets are some of the key drivers of this market. Genus IntelliGenTM is Genus’ sexed semen technology that is used to develop sexed bovine genetics for Red Sindhi, Gir, Jersey, Holstein, Sahiwal Crossbreeds, and Mehsana and Murrah buffaloes, under the ‘Sexcel’ brand in India. The COVID-19 pandemic presented several challenges for the market for veterinary artificial insemination. This included challenges in performing AI procedures on-site, dampened demand for AI products and services, and risks and uncertainty due to fluctuatin...