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Showing posts from May, 2024

E-Prescribing Market Size To Reach $19.28 Billion By 2030

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  E-Prescribing Market Growth & Trends The global  E-Prescribing market   size is expected to reach USD 19.28 billion by 2030, expanding at a CAGR of 26.8%, according to a new report by Grand View Research, Inc. Increasing emphasis on reduction of drug abuse & fraud, rising initiatives by the government to digitalize healthcare systems, and growing efforts on reducing medication errors are the major factors driving growth. However, high initial investment and resistance to the adoption of new technology, by both patients & healthcare providers, restrain growth. On the other hand, improving healthcare infrastructure and increasing healthcare expenditure in developing countries are anticipated to provide numerous growth opportunities for the market. Moreover, using Electronic Healthcare Records (EHRs) with e-prescribing increases the growth potential. Healthcare providers have increased interoperability tool adoption for boosting price transparency, healthcare management, and

Over-The-Counter Hearing Aids Market To Reach $1.74 Billion By 2030

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  Over-The-Counter Hearing Aids Market Growth & Trends The global  over-the-counter hearing aids market  size is expected to reach USD 1.74 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.60% over the forecast period. The key factors driving the market growth include the rise in the prevalence of auditory impairment, technological advancements, and the launch of new products. Favorable government initiatives undertaken by governments to increase awareness about the devices is expected to further drive the demand for the devices during the forecast period. In October 2021, FDA passed an order wherein the FDA approved a new class of over-the-counter (OTC) hearing aids for patients suffering from mild to moderate impairment. Under this law, consumers will be able to buy these devices from stores or online retailers without the need for prescriptions. The law is also expected to reduce the prices of the devices. The FDA has establis

Crypto ATM Market Size To Reach USD 5,451.0 Million By 2030

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  Crypto ATM Market Growth & Trends The global  crypto ATM market   size is expected to reach USD 5,451.0 million by 2030, growing at a CAGR of 62.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. Several countries such as Central African Republic and El Salvador recognize Bitcoin as legal tender which will contribute to the use of crypto ATMs over the forecast period. The market growth can be attributed to the growing use of cryptocurrencies for making payments at several retail stores. The rise in the number of prominent retail stores installing crypto ATMs is expected to be a major contributor to the growth of the crypto ATM industry. In March 2023, Giant Eagle supermarket’s café arm under GetGo Café + Market announced plans to install online Bitcoin ATMs in more than 125 locations across the U.S. Similarly, prominent chains such as Circle K, 7-Eleven, and Shell have ramped up the demand for online Bitcoin ATMs. Leading cryptocurrencies' popu

Outdoor LED Display Market To Reach USD 23,381.5Mn By 2030

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Outdoor LED Display Market Growth & Trends The global  outdoor LED display market  size is expected to reach USD 23,381.5 million by 2030, registering a CAGR of 15.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for digital advertising and the rising popularity of large-scale events drive market growth. The expansion of exhibitions and sports events, ceremonies, seminars, and other similar events are the key factors for the market for outdoor displays. Sponsors can more efficiently present information about their company's products and services and reach a larger audience at a lower cost using displays at popular events to advertise and display their offerings to potential consumers. The increased use of advanced technology tools and devices in human lives in recent years has resulted in a strong demand for electronics worldwide. Digital displays have grown increasingly important in a digital society, with tremendous improv