U.S. E-cigarette & Vape Market Latest Trends On The Basis of Product, Distribution Channels And Forecast to 2030: Grand View Research Inc.

San Francisco, 21 June 2024: The Report U.S. E-cigarette & Vape Market Size, Share & Trends Analysis Report By Product (Disposable, Rechargeable), By Distribution Channel (Online, Retail Store), And Segment Forecasts, 2023 – 2030

The U.S. e-cigarette & vape market size is expected to reach USD 69.53 billion by 2030, expanding at a CAGR of 29.8% from 2024 to 2030, according to a new report by Grand View Research, Inc.  Various factors, such as the rapid growth of vape shops in the U.S. and the increasing popularity of e-cigarettes among the youth population, is expected to drive the market growth over the forecast period. E-cigarettes and vape mods are being increasingly used by users as a substitute for smoking traditional cigarettes.

Due to the increasing health concern over the usage of conventional tobacco cigarettes, the market is expected to witness significant growth. The U.S. owns the widest e-cigarette and vape mod distribution network for sale. However, the new taxation rules among the states of the country are expected to act as potential threats to market growth during the forecast period.

Users across the globe are focusing on using personalized vaporizers. These vaporizers allow a high degree of customization by which the user can keep track of the battery strength, amount of vapor, and amount of nicotine consumed. The rapid surge in the number of available flavors that can be used to fill the cartridge is expected to drive the market growth over the forecast period.

In the U.S., the increasing usage of flavored electronic cigarettes among high school students is expected to propel the market growth. The cases of tobacco-related cancer in the U.S. are increasing. This, as a result, users are looking for alternatives to tobacco smoking, thereby driving the market growth.

Access Research Report of U.S. E-cigarette & Vape Market https://www.grandviewresearch.com/industry-analysis/us-e-cigarette-vape-market

U.S. E-cigarette & Vape Market Report Highlights

  • The modular devices segment is expected to emerge as the fastest-growing segment over the forecast period as these devices are known for their high vapor production. Moreover, these devices can be constantly refilled by users
  • An increasing shift in consumer preferences from conventional smoking to e-cigarette and e-liquids is expected to drive the e-liquid segment growth over the forecast period. To make sure that e-liquids are harmless for consumption in e-cigarettes, e-liquid manufacturers are collaborating with research scientists to improve on the safety standards
  • The online distribution channel segment is expected to emerge as the fastest-growing segment over the forecast period. Numerous players across the globe are planning and executing online advertising campaigns, which catch the attention of youth since e-cigarette and vape are growing as a trend in the extensive social media influencer community

U.S. E-cigarette & Vape Market Report Scope

Report AttributeDetails
Market size value in 2023USD 11.19 billion
Revenue forecast in 2030USD 69.53 billion
Growth rateCAGR of 29.8% from 2023 to 2030
Base year for estimation2022
Historical data2018 – 2021
Forecast period2023 – 2030

List of Key Players of U.S. E-cigarette & Vape Market

  • Reynolds American Inc.
  • Imperial Brands
  • Altria Group, Inc.
  • Japan Tobacco Inc.
  • Philip Morris International
  • International Vapor Group
  • British American Tobacco
  • NicQuid
  • Shenzhen IVPS Technology Co., Ltd.
  • Shenzhen KangerTech Technology Co., Ltd.

Access Press Release of U.S. E-cigarette & Vape Market @ https://www.grandviewresearch.com/press-release/us-e-cigarette-vape-market-analysis

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

Environment Health & Safety Market Scope By Product, Deployment Mode, End-Use, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 21 June 2024: The Report Environment Health & Safety Market Size, Share & Trends Analysis Report By Product (Services, Software), By Deployment Mode (Cloud, On-premise), By End-use (Construction, Healthcare), By Region, And Segment Forecasts, 2024 – 2030

The global environment health & safety (EHS) market size is expected to reach USD 77.0 billion by 2030, registering a CAGR of 6.6% during the forecast period, according to a new report by Grand View Research, Inc. Increasing stringent government regulations across various economies acts as a major driver for market growth. Moreover, the energy and chemical sectors, where workers handle hazardous products, use environment health & safety (EHS) software & services to prevent workplace mishaps. These aforementioned factors will propel the market demand in the coming years. The implementation of EHS technology is expected to improve the overall safety of workers and assist the organizations to reduce their environmental impact. The EHS service providers assist the governments as well as industrial clients to improve their overall business management.

Companies that have implemented a formal risk management system can identify the risks across all the operations. For instance, in November 2020, Intelex Technologies acquired ehsAI, a compliance automation technology provider that uses machine learning and artificial intelligence to help organizations reduce the risks and costs of permitting and compliance management. This acquisition has increased Intelex’s compliance offerings and has further strengthened its EHSQ position. The development of Big Data and the Internet of Things (IoT) is anticipated to augment the use of EHS technology. In addition, digital transformations, such as inexpensive computing power, the development of cost-effective sensors that can collect large volumes of information, and the overall connectedness of systems and devices are anticipated to augment the growth of EHS technology over the forecast period.

Manufacturers are looking for partnerships, mergers, and acquisitions to create cutting-edge and original solutions. Also, manufacturers are implementing several methods, such as geographic growth and the development of new products, to increase their market penetration and serve end-use industries. For instance, AECOM and Conservation International collaborated to co-found the Green-Gray Infrastructure Community of Practice in January 2021. Members of the GGI COP come from academic, government, non-profit, and corporate organizations in a range of fields, including engineering, conservation, building, and finance.

Access Research Report of Environment Health & Safety Market https://www.grandviewresearch.com/industry-analysis/environmental-health-and-safety-market

Environment Health & Safety Market Report Highlights

  • The demand for environment health & safety (EHS) software product segment accounted for 3.7% of the global revenue share in 2023. The growth of the environmental health & safety (EHS) software segment can be primarily attributed to rising investments by organizations in automated environmental, health, and safety solutions to reduce the harmful impact of their operations on the environment and provide a safer working environment for the employees
  • The cloud deployment mode segment accounted for a 28% share of the global revenue in 2023. The vast range of capabilities and essential features that cloud-based solutions offer are boosting the adoption of these solutions to increase at a significant rate and this trend is anticipated to continue throughout the projection period
  • The chemicals & petrochemicals end-use segment accounted for a share of 24.5% in 2023. The rapid increase in the production of shale across the globe has led to an increased demand for petrochemicals and their derivatives. The chemical & petrochemical industry significantly releases contaminants in water bodies making them prone to emission norm violations. The effective use of EHS services and software can assist these industries in tracking and reporting their regulatory compliance and environmental impact
  • North America accounted for a share of 37.6% in 2023 due to the high demand for EHS services in North America on account of the presence of a large number of oil & gas extraction industries in the region, which use these services to adhere to the regulations and ensure the health & safety of their employee
  • In January 2021, AECOM formed a partnership with Conservation International and co-founded the Green-Gray Infrastructure Community of Practice (GGI COP). The GGI COP includes members from government, non-profit, private, and academic organizations in various sectors including engineering, conservation, construction, and finance.

Environment Health & Safety Market Report Scope

Report AttributeDetails
Market size value in 2024USD 52.3 billion
Revenue forecast in 2030USD 77.0 billion
Growth rateCAGR of 6.6% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players of Environment Health & Safety Market

  • AECOM
  • Jacobs
  • Intelex Technologies
  • Enablon
  • Tetra Tech, Inc.
  • SAP SE
  • Golder Associates
  • SGS SA.
  • ERM Group, Inc.
  • VelocityEHS
  • John Wood Group PLC
  • RPS Group
  • ETQ
  • Cority (Medgate)
  • Sphera

Access Press Release of Environment Health & Safety Market @ https://www.grandviewresearch.com/press-release/global-environmental-health-and-safety-market

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

U.S. Hospital Facilities Market Trends Analysis Report By Patient Service, Facility Type, Service Type, Bed Size And Forecast 2030: Grand View Research Inc.

San Francisco, 21 June 2024: The Report U.S. Hospital Facilities Market Size, Share & Trends Analysis Report By Patient Service, By Facility Type (Private Hospitals, Public/Community Hospitals), By Bed Size, By Service Type, And Segment Forecasts, 2023 – 2030

The U.S. hospital facilities market size is anticipated to reach USD 2540.4 billion by 2030 and is anticipated to grow at a CAGR of 7.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Technological advancements, such as telehealth, mobile apps, artificial intelligence, and wearable devices, are boosting market growth. Furthermore, the demand and supply gap in the U.S. healthcare system is increasing rapidly. This can mainly be attributed to the growing number of patients and the limited resources available to provide necessary care.

Lifestyle changes and an increase in the number of sedentary jobs are transforming the disease profile of the U.S. population. Noncommunicable diseases such as cancer, diabetes, and cardiovascular diseases are increasing in prevalence. For instance, according to a CDC report, diabetes prevalence had risen to an estimated 37.3 million patients in 2022. Lifestyle diseases due to poor dietary habits, lack of exercise, and smoking, irrespective of gender, age, & heredity, lead to several health problems, such as low body oxygen levels & breathing difficulties. Chronic disease prevalence is expected to rise in the country.

The COVID-19 pandemic adversely impacted the U.S. healthcare system. Healthcare facilities across the U.S. were facing both financial and organizational difficulties. One of the major steps taken by the hospitals at the start of the pandemic was to delay elective procedures, which culminated in monumental monetary losses for the hospitals. According to AHA COVID-19 Financial Impact Report Estimates, due to canceled services during the pandemic, non-federal hospitals lost around USD 161.4 billion in income during the four months from March 2020 to June 2020. Furthermore, the decline in visits was mostly attributed to the cancellation of elective treatments, which resulted in a revenue loss of millions of dollars. According to CovidSurg, 28.4 million surgeries were canceled or postponed during the first 3 months of disruption caused by the pandemic. The aforementioned factors negatively impacted the market.

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U.S. Hospital Facilities Market Report Highlights

  • The cardiovascular segment dominated the market, accounting for a share of around 20% in 2022. The segment is further expected to dominate the market over the forecast period.
  • The public/community hospitals segment dominated the market with a share of over 52% in 2022. Community hospitals hold the highest number of patient beds and offer a wide variety of care areas through different services.
  • The outpatient services segment dominated the market with a share of around 51% in 2022 and is additionally poised to be the fastest-growing segment with a CAGR of 9.0% over the forecast period.
  • Based on bed size, the market is segmented into 0-99, 100-199, 200-299, and 300-more. The 0-99 segment dominated the market in 2022 with a revenue share of 53.2%. This segment comprises small hospitals that primarily serve rural or remote areas with low population density.

U.S. Hospital Facilities Market Report Scope

Report AttributeDetails
Revenue forecast in 2030USD 2,540.4 billion
Growth RateCAGR of 7.7% from 2023 to 2030
Base year for estimation2022
Historical data2018 – 2021
Forecast period2023 – 2030

List of Key Players in the U.S. Hospital Facilities Market

  • The Johns Hopkins Hospital
  • Mayo Clinic
  • Cleveland Clinic
  • Cedars-Sinai
  • Massachusetts General Hospital
  • UCSF Health
  • NewYork-Presbyterian Hospital
  • Brigham and Women’s Hospital
  • Ronald Regan UCLA Medical Center
  • Northwestern Memorial Hospital

Access Press Release of U.S. Hospital Facilities Market @ https://www.grandviewresearch.com/press-release/us-hospital-facilities-market-analysis

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

Cannabis Cultivation Market Overview By Biomass, Application, Region And Forecast To 2030   : Grand View Research Inc.

San Francisco, 20 June 2024: The Report Cannabis Cultivation Market Size, Share & Trends Analysis Report By Biomass (Hemp, Marijuana), By Application, By Region, And Segment Forecasts, 2023 – 2030

The global cannabis cultivation market size is expected to reach USD 1,844.1 billion, expanding at a CAGR of 21.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. Growing legalization and adoption of cannabis for the treatment of chronic diseases is positively impacting the market growth. Furthermore, the liberalization of laws related to hemp and marijuana by various countries is projected to further bolster revenue growth during the forecast period.

Furthermore, while the authorities imposed lockdown measures during COVID-19, European consumers hoarded supplies. Between January and March 2020, the value of items sold on Cannazon, a platform for hemp products, reached roughly USD 5.04 million reflecting a volume of 1.6 metric tonnes. In the U.S., a similar increase in sales was observed, with people stockpiling in anticipation of government-mandated shelters. As a result, increased stocks and strong consumer demand, as well as a growth in areas recognizing the product as a necessary commodity for recreational and medical uses, are projected to fuel market expansion throughout the forecast period.

Based on biomass, the hemp segment dominated the market in 2022. Factors contributing to increasing demand include the increasing adoption of hemp and derived products and its growing acceptance among users due to its low THC content. It is mainly used by people who intend to reap the medical benefits of the plant without getting intoxicated. In addition, positive government reforms regarding the utilization of hemp in many countries are further propelling market growth.

In 2022, the industrial consumption segment accounted for the highest revenue share. This growth is attributed to the growing application of marijuana and hemp in various industries such as pharmaceuticals, personal care & cosmetics, nutraceuticals, and food and beverages. In addition, the growing usage of cannabis and its derivatives as raw material by companies to produce their products is further fueling the growth. For instance, CBD oil and tinctures obtained from the plant are used by pharmaceutical companies for the production of cannabis-infused drugs. Hence, its consumption for various applications boosts the overall growth of the market.

Asia Pacific is expected to expand at the fastest CAGR in the forecast period owing to the presence of the largest cultivation markets in the region such as China, South Korea, India, and Australia. Furthermore, favorable climatic conditions, increasing awareness about the plant and its medical benefits, and a growing patient pool eligible for medical marijuana treatments are the other factors boosting the growth of the market in the region.

Access Research Report of Cannabis Cultivation Market https://www.grandviewresearch.com/industry-analysis/cannabis-cultivation-market

Cannabis Cultivation Market Report Highlights

  • The market is anticipated to witness significant growth owing to the growing legalization and adoption of hemp and marijuana for the treatment of chronic diseases
  • The hemp segment dominated the market in 2022, owing to the increasing adoption of hemp and derived products due to low THC content
  • The industrial consumption segment dominated the market in 2022, owing to the growing application of marijuana and hemp in various industries
  • In May 2022, Aurora Cannabis Inc. completed the purchase of TerraFarma Inc., which will contribute to their Canadian recreational cannabis company and Aurora’s worldwide expertise in the cannabis market
  • In March 2022, HEXO and Tilray Brands Collaborate to Form Strategic Alliance, Uniting Two Canadian Cannabis Industry Leaders
  • In December 2021, As part of its continuous development plan, the Company purchased Quebec-based Laurentian Holdings Inc., boosting its presence in Quebec’s second-most populated province

Cannabis Cultivation Market Report Scope

Report AttributeDetails
Market size value in 2023USD 475.9 billion
Revenue forecast in 2030USD 1,844.1 billion
Growth RateCAGR of 21.3% from 2023 to 2030
Base year for estimation2022
Historical data2017 – 2021
Forecast period2023 – 2030

List of Key Players in the Cannabis Cultivation Market

  • Pacific Cannabis Growers, Inc.
  • Atlas Growers
  • CannTrust Holdings, Inc
  • The Hydropothecary Corporation
  • Better Holdings
  • Canopy Growth Corporation
  • Aphria, Inc.
  • Aurora Cannabis
  • Tilray
  • Organigram Holdings, Inc.
  • The Cronos Group

Access Press Release of Cannabis Cultivation Market @ https://www.grandviewresearch.com/press-release/global-cannabis-cultivation-market

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

Games And Puzzles Market Scope By Type, Licensing, Distribution Channel, Region And Forecast To 2030: Grand View Research Inc.

San Francisco, 20 June 2024: The Report Games And Puzzles Market Size, Share & Trends Analysis Report By Licensing (Licensed, Non-licensed), By Type (Games, Puzzles), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2023 – 2030

The global games and puzzles market size is expected to reach USD 54.19 billion by 2030, registering a CAGR of 17.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. The availability of a wide variety of puzzles and games coupled with the ability of these puzzles to offer intellectual stimulation and mental exercise is favoring the market growth. This can be appealing to people who enjoy using their minds and problem-solving abilities. Jigsaw puzzles, for instance, help enhance visual-spatial reasoning, problem-solving abilities, and short-term memory, as well as lower the dementia risk and fight cognitive decline. Moreover, the trend of 3D and 4D puzzles has brought innovation and elation to the market. These puzzles provide an immersive experience, increased engagement, and can offer educational benefits.

Wrebbit Puzzle Inc.is a Canadian company that specializes in 3D puzzles. It produces a range of puzzles in various themes, including Harry Potter, Game of Thrones, and Lord of the Rings. In April 2021, Wrebbit Puzzle Inc. released its 440-piece 3D jigsaw puzzle called Central Perk! inspired by the TV show Friends. In addition, personalized puzzles & games that feature customized photos and designs are becoming increasingly popular as consumers look for ways to make their leisure time more unique and personal. Dowdle, a U.S.-based puzzle company offers wooden puzzles featuring personal photos mounted on wood. These are available in two sizes, 280 pieces and 510 pieces. These customized products are preferred for gifting purposes, or can be a fun way to commemorate a special event or occasion. In this industry, some products have become “collector’s items.”

These refer to puzzles & games that are valuable due to their uniqueness or rarity, making them highly sought-after by enthusiasts and fans. Consumers are actively seeking out rare or unique versions featuring their favorite games or pop culture characters. This can increase demand and interest in these types of products, leading to higher sales and revenue for companies. For instance, in April 2023, Funko Games unveiled ‘The Star Wars Rivals Card Game’. It provides an expandable card gaming experience with unlimited layers of strategy and a fun set throughout the Star Wars galaxy. Market players have been adopting strategies, such as innovations, partnerships, and mergers, to reach new audiences. For instance, in February 2023, Hasbro, Inc. partnered with Ageless Innovation, a producer of robotic pets for seniors, to develop a series of gaming experiences designed for an older audience.

The partnership aims to offer playful and fun social interaction through intergenerational play via a collection of unique games. These games will help calm anxiety, and social isolation, and combat loneliness. Furthermore, sustainability is becoming increasingly important in this industry, with more and more consumers looking for eco-friendly and sustainable options. This includes using sustainable materials, such as recycled paper and cardboard, and reducing packaging waste. For instance, UK-based The Wentworth Wooden Jigsaw Company Ltd. produces puzzles using wood from forests that are sustainably managed, and the box is made from recycled materials. Zero plastic is used during packaging and all their puzzles are made to last.

Access Research Report of Games And Puzzles Market https://www.grandviewresearch.com/industry-analysis/games-puzzles-market

Games And Puzzles Market Report Highlights

  • Games dominated the market in 2022 owing to the social interactive experience it provides. Moreover, its increased replay value makes it a more versatile & dynamic form of entertainment. These games offer a variety of themes and gameplay styles, making them accessible and appealing to a wide range of audiences
  • Licensed puzzles & games are expected to witness substantial growth over the forecast period. These provide a unique and immersive experience for fans of the brand or franchise, further increasing their appeal
  • The online distribution channel segment is set to grow at the fastest CAGR from 2023 to 2030 due to the convenience, flexibility, and comfort offered by online channels
  • Asia Pacific is projected to emerge as a lucrative regional market due to a rise in the adoption of board games in cafes as a concept in countries, such as China and India, owing to an emerging need among people to engage in more meaningful interactions and activities

Games And Puzzles Market Report Scope

Report AttributeDetails
Market size value in 2023USD 17.05 billion
Revenue forecast in 2030USD 54.19 billion
Growth rateCAGR of 17.3% from 2023 to 2030
Base year for estimation2022
Historical data2017 – 2021
Forecast period2023 – 2030

List of Key Players of Games And Puzzles Market

  • Buffalo Games
  • Hasbro, Inc.
  • Mattel, Inc.
  • Ceaco, Inc.
  • Ravensburger AG
  • Schmidt Spiele
  • Cubicfun 3D Puzzle
  • Educa Borras
  • Castorland
  • Cobble Hill

Access Press Release of Games And Puzzles Market @ https://www.grandviewresearch.com/press-release/global-games-puzzles-market

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

U.S. Concierge Medicine Market Demand By Specialty, Ownership And Forecast To 2030: Grand View Research Inc.

San Francisco, 20 June 2024: The Report U.S. Concierge Medicine Market Size, Share & Trends Analysis Report By Specialty (Primary Care, Pediatrics, Osteopathy, Internal Medicine, Cardiology, Psychiatry), By Ownership (Standalone, Group), And Segment Forecasts, 2024 – 2030

The U.S. concierge medicine market size is anticipated to reach USD 13.3 billion by 2030, based on a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 10.37% from 2024 to 2030. Rising waiting times for a physician appointment, shortage of physicians, and rising prevalence of chronic diseases are driving patients from conventional settings to non-traditional care settings. This, coupled with more time with physicians, fewer hospitalizations, and a focus on preventive care is driving market growth.

Concierge medicine is not only beneficial for patients but also for providers. Owing to this, many physicians are switching to this practice. As per Concierge Medicine Today, LLC, there are around 10,000 to 25,000 physicians or subscription-based programs across the U.S. A large number of female doctors are switching to concierge practice. Female doctors are more burned out and stressed. Physician burnout is the prime reason for the increase in the adoption of concierge medicine.

Hybrid concierge model successfully addresses the issues of primary care physician shortages. In hybrid model, the primary care doctor provides an option to patients to choose between subscription-based care or receiving care in the traditional way under insurance. Owing to shortage of physicians in the near future, access to healthcare will become difficult resulting in many patients moving to concierge physicians for convenient care. The subscription-based model will ensure easy access to care even if there is a physician shortage. This is expected to drive market growth over the forecast period.

Access Research Report of U.S. Concierge Medicine Market https://www.grandviewresearch.com/industry-analysis/us-concierge-medicine-market-report

U.S. Concierge Medicine Market Report Highlights

  • Growing patient awareness, rising disposable income, and increasing demand for quality healthcare services are anticipated to boost the demand for concierge medicine in the U.S. The interest of the millennials in concierge practice is increasing owing to its advantages, which are favoring market growth
  • Based on speciality, the primary care segment dominated the market in terms of revenue in 2023. Growing demand for primary care services and the sizeable aging population have increased the work burden on existing physicians. Hence, to reduce their stress and maintain work-life balance, many physicians are downsizing to membership-based medicine where they maintain less patient volume
  • In terms of ownership, the group segment held the maximum market portion in 2023 owing to the VIP services provided in membership model. As transitioning to a retainer model requires legal compliance, high advertisement, and patient communication, many physicians merge their practice with concierge medicine companies
  • Although concierge medicine is priced high when compared to traditional care, the patients get value services for their money. Physicians provide full attention to their patients and provide personalized care
  • The demand for membership-based care skyrocketed during COVID-19 pandemic due to the presence of patients with chronic diseases such as diabetes that require continuous monitoring. Many concierge physicians are actively adopting telemedicine to connect to these patients virtually

U.S. Concierge Medicine Market Report Scope

Report AttributeDetails
Revenue forecast in 2030USD 13.3 billion
Growth rateCAGR of 10.37% from 2024 to 2030
Base year for estimation2023
Historical data2018 – 2022
Forecast period2024 – 2030

List of Key Players in the U.S. Concierge Medicine Market

  • MDVIP
  • Signature MD
  • Crossover Health
  • Specialdocs Consultants, LLC
  • PartnerMD
  • Concierge Consultants & Cardiology
  • Castle Connolly Private Health Partners
  • Peninsula Doctor
  • Cambell Family Medicine
  • Destination Health
  • Priority Physicians, Inc.
  • S. San Diego Health

Access Press Release of U.S. Concierge Medicine Market @ https://www.grandviewresearch.com/press-release/us-concierge-medicine-market-analysis

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

Gallium Nitride Semiconductor Devices Market Latest Trends On The Basis of Product, Component, Wafer Size, Application, End-use, Region And Forecast to 2030: Grand View Research Inc.

San Francisco, 19 June 2024: The Report Gallium Nitride Semiconductor Devices Market Size, Share & Trends Analysis Report By Product, By Component (Power IC, Transistor), By Wafer Size, By Application, By End-use, By Region, And Segment Forecasts, 2024 – 2030

The global gallium nitride semiconductor devices market is anticipated to reach USD 12.47 billion by 2030 and is projected to grow at a CAGR of 26.4% from 2024 to 2030, according to a new report by Grand View Research. The growing demand for fast chargers used in various consumer electronics applications worldwide is expected to drive market growth. Various smartphone companies such as Apple and Samsung are making efforts to develop fast chargers to enhance their customer experience and gain a competitive edge.

Gallium nitride semiconductors are also used in data center servers to offer potential energy savings, thereby contributing to the growth of the market. The proliferation of cloud technology necessitates the expansion of data centers, which are significant energy consumers. One strategy to mitigate energy loss involves eliminating an entire stage of power conversion when transferring power within the data center.

Currently, power undergoes two conversions: from 48 V on the backplane to 12 V for distribution on processing boards and finally to around 1 V at the point of use. Leveraging the high switching speed, compact size, and improved efficiency of gallium nitride, power supply designers can now convert directly from 48 V to the required 1 V at the point of use, bypassing the intermediate step at 12 V. This single-stage architecture presents substantial potential energy savings, especially considering the rapid growth of computing power and data centers supporting cloud infrastructure.

The enhanced-mode version of GaN is widely used in the development of space applications, and it is further driving market growth. The demand for commercial GaN power devices is high among businesses as these devices offer high performance compared to traditional silicon technology-based Rad Hard devices. GaN power devices are used in applications such as drones, satellites, spacecraft, and robotics.

Access Research Report of Gallium Nitride Semiconductor Devices Market https://www.grandviewresearch.com/industry-analysis/gan-gallium-nitride-semiconductor-devices-market

Gallium Nitride Semiconductor Devices Market Report Highlights

  • In terms of product, the opto-semiconductors segment dominated the market in 2023. The widespread integration of opto-semiconductors across various sectors, including automotive and consumer electronics, is driving innovation and enhancing performance in applications such as LED lighting and LiDAR technology.
  • In terms of component, the power IC segment dominated the market in 2023. The power IC segment is experiencing a surge driven by demand for energy-efficient solutions in various sectors like automotive, consumer electronics, and industrial applications.
  • In terms of wafer size, the 4-inch segment dominated the market in 2023 owing to the growing demand for advanced devices, particularly in high-power and high-temperature applications.
  • In terms of application segment, the Radio Frequency (RF) segment dominated the market in 2023. The RF segment growth can be attributed to the growing demand for wireless communication and the need for higher power efficiency in RF devices.
  • In terms of end-use, the information & communication technology segment dominated the market in 2023. The segment growth can be attributed to the increasing demand for high-frequency, high-power devices essential for 5G infrastructure and data centers.
  • North America dominated the regional market in 2023. The region boasts a thriving ecosystem of companies dedicated to advancing semiconductor technology, driving the adoption of gallium nitride devices.
  • In September 2023, IXTRON SE, the semiconductor equipment provider, launched G10-GaN, a new cluster solution for GaN-based power and radio frequency (RF) devices. The G10-GaN, along with its innovative features, was showcased at the SEMICON Taiwan event held in Taipei from September 6 to 8, 2023. This new platform boasted top-notch performance, a sleek, compact design, and the lowest cost per wafer in its class.

Gallium Nitride Semiconductor Devices Market Report Scope

Report AttributeDetails
Market size value in 2024USD 3.06 billion
Revenue forecast in 2030USD 12.47 billion
Growth RateCAGR of 26.4% from 2024 to 2030
Base year for estimation2023
Actual Data2017 – 2022
Forecast period2024 – 2030

List of Key Players in the Gallium Nitride Semiconductor Devices Market

  • Fujitsu Ltd.
  • Efficient Power Conversion Corporation
  • Transphorm, Inc.
  • Infineon Technologies AG
  • NXP Semiconductors.
  • Qorvo, Inc
  • Texas Instruments Incorporated.
  • Toshiba Corporation
  • GaN Systems
  • NTT Advanced Technology Corporation.

Access Press Release of Gallium Nitride Semiconductor Devices Market @ https://www.grandviewresearch.com/press-release/global-gan-gallium-nitride-semiconductor-devices-market

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

U.S. Active Adult (55+) Community Market Scope By Gender And Forecast To 2030: Grand View Research Inc.

San Francisco, 19 June 2024: The Report U.S. Active Adult (55+) Community Market Size, Share & Trends Analysis Report By Gender (Women, Men), And Segment Forecasts, 2023 – 2030

The U.S. active adult (55+) community market size is estimated to reach USD 805.0 billion by 2030, expanding at a CAGR of 4.02% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing interest of older adults below 65 years of age in a maintenance-free lifestyle, structured activities, socialization, and a sense of community are the major factors driving the market. In addition, retirement not being in the eligibility criteria, and the variety of optional care and support services available at these facilities are the factors boosting the market growth.

An increasing population aged between 55 to 64 years is categorized as active adults seeking a social and friendly environment. According to the U.S. Census Bureau, baby boomers aged between 55 and 73 have brought both challenges and opportunities to the economy, infrastructure, and institutions. Active adult communities are quite similar to any other residential community, apart from their age restrictions, most of them are designed for a low maintenance lifestyle. These communities are mostly built near shopping malls, parks, restaurants, and other places for socializing, as the residents want to live a healthy lifestyle during their final years of retirement. The communities do not provide on-site dining facilities or healthcare services to the residents. The Homeowners Association (HOA) dues of these communities pay for assured communal amenities.

The COVID-19 pandemic resulted in senior living facilities becoming a hub for COVID-19 infections. This resulted in a fall in occupancy in adult community homes. The immediate impact was the drop in revenue of the adult community market, resulting in losses. According to the National Investment Center for Seniors Housing & Care’s MAP Data, the occupancy at retirement centers hit a 16-year low in 2020 due to the pandemic. The pandemic has also resulted in a staffing crisis for the active adult living communities due to restrictions on the workforce and the non-availability of a quality workforce for the amenities, resulting in a challenge in providing the best services for restaurants, clubs, housekeeping, and others. In addition, many elder staff members retired due to the pandemic.

Access Research Report of U.S. Active Adult (55+) Community Market https://www.grandviewresearch.com/industry-analysis/us-active-adult-community-market

U.S. Active Adult (55+) Community Market Report Highlights

  • People in the U.S. buying homes at active adult retirement communities look forward to various amenities like sports, restaurants, clubs, & recreational activities among others. Common areas are the most important amenity in demand by seniors because they all have different hobbies and want to spend each day engaged & content
  • By gender, women held the maximum share in 2021 attributed to a greater life expectancy for women. The men segment is expected to witness a high CAGR during the forecast period attributed to the postponement of disability to older ages
  • Strategic initiatives undertaken by various market players are expected to keep growth prospects upbeat in the following years. For instance, in December 2019, The Villages announced a partnership with the University of Florida, aimed at facilitating advanced healthcare & wellness services for the village community
  • There are different types of active adult communities based on the population, including luxury communities, college town & university communities, retirement parks, golf and resort communities, religion-specific communities, active senior communities, single-only communities, and gated communities. The college town and university communities are more preferred among older people who want to continue working
  • The increasing number of retirements since the COVID-19 pandemic, growing life expectancy, and rising focus of investors on senior living are factors driving the entry of new players

U.S. Active Adult (55+) Community Market Report Scope

Report AttributeDetails
Market size value in 2023USD 611.1 billion
Revenue forecast in 2030USD 805.0 billion
Growth RateCAGR of 4.02% from 2023 to 2030
Base year for estimation2022
Historical data2017 – 2021
Forecast period2023 – 2030

List of Key Players of the U.S. Active Adult (55+) Community Market

  • The Villages
  • Pultegroup, Inc.
  • Latitude Margaritaville
  • Hot Springs Village
  • Rossmoor Walnut Creek
  • Robson Ranch
  • Sun Lakes
  • Green Valley

Access Press Release of U.S. Active Adult (55+) Community Market @ https://www.grandviewresearch.com/press-release/us-active-adult-community-market-analysis

 About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

Australia Legal Cannabis Market Focusing On The Basis Of Source, Derivative, End-use And Forecast 2030: Grand View Research Inc.

San Francisco, 18 June 2024: The Report Australia Legal Cannabis Market Size, Share & Trends Analysis Report By Source (Marijuana, Hemp), By Derivative (CBD, THC), By End-use (Medical Use, Recreational Use, Industrial Use), And Segment Forecasts, 2024 – 2030

The Australia legal cannabis market size is expected to reach USD 540.6 million by 2030, registering a CAGR of 27.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Factors such as a growing patient population, cannabis legalization, government initiatives, and the presence of local and foreign players in the country contribute to market growth. For instance, according to the data published by the Penington Institute in 2022, approximately 250,000 medicinal cannabis prescriptions were approved up to June 2022.

The marijuana industry is booming due to the increasing adoption of marijuana for medical and adult use. Marijuana has only been legalized for medical use in Australia and is anticipated to be legalized for recreational use as well. Through these legalizations, the government can try to curb the illicit marijuana market and focus on gaining substantial revenue from taxes levied on cannabis products. Moreover, the legalization and adoption of cannabis and the launch of new cannabis products are anticipated to increase market growth. For instance, in September 2023, MediPharm Labs Corp., a pharmaceutical company, launched new GMP cannabis products, such as Beacon inhalation cartridges and medical cannabis oil, in the Australian healthcare market.

The number of patients seeking medical marijuana for therapeutic benefits has increased. Moreover, the number of companies operating in the medical marijuana market is growing. Many companies have also been listed on the Australian Stock Exchange (ASX). As the market evolves, small local players and entrepreneurs increase in the Australian legal cannabis market. These players apply for cultivation licenses and are being funded or acquired by major players. For instance, in October 2023, Vitura Health Limited, a provider of medicinal cannabis products and digital health solutions, acquired Doctors On Demand, a telehealth service company, to enter new service and product verticals.

Moreover, growing awareness among people regarding the therapeutic applications of cannabis and the launch of new cannabis-based products drive market growth. For instance, according to data published by the Penington Institute in 2022, TGA has given 70,000 medicinal cannabis approvals for chronic pain in 2021. Moreover, medicinal cannabis is approved for sleep issues, anxiety, and cancer pain.

Access Research Report of Australia Legal Cannabis Market https://www.grandviewresearch.com/industry-analysis/australia-legal-cannabis-market

Australia Legal Cannabis Market Report Highlights

  • By source, the hemp segment dominated the legal cannabis market in 2023, owing to its application in several medical products, textile and non-textile industries
  • Based on derivative, the CBD segment led the market in 2023, owing to the legalization of low-dose CBD products by the Therapeutic Goods Administration (TGA)
  • By end-use, the industrial application segment dominated the market in 2023, owing to the application of cannabis products in construction, personal care, food and beverage, automotive, and textile industries

Australia Legal Cannabis Market Report Scope

Report AttributeDetails
Market size value in 2024USD 123.9 million
Revenue forecast in 2030USD 540.6 million
Growth rateCAGR of 27.8% from 2024 to 2030
Historical data2018 – 2023
Forecast period2024 – 2030

List of Key Players in the Australia Legal Cannabis Market

  • Cann Group Limited
  • Zelira Therapeutics
  • AusCann Group Holdings Ltd.
  • Bod Australia
  • Althea Group
  • ECOFIBRE
  • Botanix Pharmaceuticals
  • EPSILON
  • Little Green Pharma
  • Incannex

Access Press Release of Australia Legal Cannabis Market @ https://www.grandviewresearch.com/press-release/australia-legal-cannabis-market-analysis

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

Voice And Speech Recognition Market Overview By Function, Technology, Vertical, Region And Forecast To 2030   : Grand View Research Inc.

San Francisco, 18 June 2024: The Report Voice And Speech Recognition Market Size, Share & Trends Analysis Report By Function (Speech Recognition, Voice Recognition), By Technology, By Vertical, By Region, And Segment Forecasts, 2024 – 2030

The global voice and speech recognition market size is anticipated to reach USD 53.67 billion by 2030, registering a CAGR of 14.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is anticipated to witness an upsurge in the adoption of voice-activated systems, voice-enabled devices, and voice-enabled virtual assistant systems owing to the rising applications in the banking and automobile sectors. The escalating need to counter fraudulent activities and enhance security in the banking sector is boosting the adoption of voice biometrics for the authentication of users. The automobile sector is expected to gain momentum owing to advances in technology & emergence of innovative concepts, such as autonomous and connected cars.

The integration of the voice-activated software in future cars is anticipated to adopt technologies, such as noise abatement for selectively ignoring driving & passenger noises for providing an error-free and seamless experience to the operator. Voice recognition is also a core technology that is widely used in the healthcare sector to enhance the Electronic Health Record (HER) systems by providing an ease to the doctor to speak and keep the records instead of manual typing or writing. In 2018, the healthcare vertical held the largest market share and it is expected to grow significantly over the forecast period. AI-based voice and speech recognition software is expected to grow at the fastest CAGR from 2023 to 2030.

This is due to the continuous development of machine learning techniques and the integration of connected devices with personal assistants. For instance, Dragon Drive is a personal assistant developed by Nuance Communication Inc. that integrates various household appliances, cars, and smartphones that can be connected to a hub through the internet. Thus, an individual can get alerts about daily chores, work schedules, traffic updates, and many more alerts through the Dragon Drive. In addition, sentiment analysis using the changes in the pitch of the voice is anticipated to provide an opportunity to the market. However, the lack of accuracy of these technologies in recognizing the regional accents and dialects is expected to limit the market growth.

Access Research Report of Voice And Speech Recognition Market @  https://www.grandviewresearch.com/industry-analysis/voice-recognition-market

Voice And Speech Recognition Market Report Highlights

  • A rising trend in the development of Artificial Intelligence (AI)-based systems is expected to be the key factor driving the market growth over the forecast period
  • Leveraging deep learning algorithms in voice & speech solutions for better search results is expected to be the key factor for the growth of the AI-based technology segment
  • The deployment of speech recognition solutions in consumer and retail verticals is anticipated to lead to the high market growth
  • This can be attributed to the changing lifestyles in countries, such as the U.S., Germany, and the U.K.
  • Moreover, the growing adoption of smart electronics in India, China, Japan, and Brazil is likely to drive the market growth in the consumer vertical
  • North America and the Asia Pacific are anticipated to witness considerable growth owing to the presence of several U.S.- and China-based players, such as Apple, Inc., Facebook, Inc., Baidu, Inc., Amazon.com, Inc., and Alphabet, Inc., working toward the development of this technology
  • Key industry participants are focusing on integrating the AI technology in speech & voice recognition software to build superior products that would increase their user customer base

Voice And Speech Recognition Market Report Scope

Report AttributeDetails
Market size value in 2024USD 23.70 billion
Revenue forecast in 2030USD 53.67 billion
Growth rateCAGR of 14.6% from 2024 to 2030
Actual data2017 – 2023
Forecast period2024 – 2030

List of Key Players of Voice And Speech Recognition Market

  • Advanced Voice Recognition Systems, Inc.
  • Agnitio S.L.
  • com, Inc.
  • ai
  • Apple, Inc.
  • Anhui USTC iFlytek, Ltd.
  • Baidu, Inc.
  • BioTrust ID B.V.
  • CastleOS Software, LLC
  • Facebook, Inc.
  • Google, Inc.
  • International Business Machines Corp.
  • Microsoft Corp.
  • MModal, Inc.
  • Nortek Holdings, Inc.
  • Nuance Communications, Inc.
  • Raytheon Company
  • SemVox GmbH
  • Sensory, Inc.

Access Press Release of Voice And Speech Recognition Market @ https://www.grandviewresearch.com/press-release/global-voice-recognition-industry

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

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