Global Geriatric Care Services Market Is Expected To Reach USD 1,012.02 Billion By 2022 :Grand View Research, Inc

Constantly increasing geriatric population prone to chronic medical conditions is expected to drive market growth over the forecast period. Presence of favorable reimbursement policies in the U.S. which are primarily driven by Medicaid, and Medicare is also expected to positively reinforce market growth. In 2012, according to data published by the Center of Disease Control (CDC) it has been estimated that nearly 95% nursing homes, 77% adult day care service centers, 78% home health agencies and 52% residential care communities were certified to participate in Medicaid. Furthermore, nearly 99% home health agencies, 100% hospice, and 96.5% nursing homes were Medicare certified.

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Further key findings from the study suggest:

• The home care services market was valued at 255.36 billion in 2014 and is expected to grow at a healthy rate over the forecast period. Home care services enable the elderly to stay at home and receive care without altering their lifestyles. Services include medical and non medical services.
• Institutional care services were the leading segment of the market in 2014. Large presence and high usage rates of institutions offering geriatric care services such as nursing homes, assisted living facilities, hospital based geriatric care and independent senior living communities is a key factor attributing to its market position.   
• North America was one of the highest revenue generating regional market in 2014 majorly on account of favorable reimbursement policies, large presence of pertinent facilities and high awareness and disposable income levels. Recent statistics support the aforementioned statement. Data published by the CDC in 2012, suggest that the total number of long term care facilities and adult day care centers amounted to 58,600 and 4,800 respectively.

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About Grand View Research

Grand View Research, Inc. is a United State of America based market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/

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Global Solar Pumps Market Size, Industry Trends, Growth Prospects Till 2022: Grand View Research, Inc

DC surface suction pump was the largest product segment and accounted for 83.4% of the total market volume in 2014. Increasing micro-irrigation activities coupled with continuous & clean drinking water supply in remote places with irregular electric supply is expected to drive this segment over the forecast period. AC submersible pump is expected to witness the highest growth of 40.7% from 2015 to 2022. Increasing adoption of AC submersible pumps particularly in high growth markets such as India and Bangladesh is expected to drive this segment over the next seven years.

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Further key findings from the study suggest:

• Global solar pumps market was 120,786 units in 2014 and is expected to reach 1,571,028 units by 2022, growing at a CAGR of 38.1% from 2015 to 2022.
• Agriculture was the largest application segment and accounted for 62.9% of total market volume in 2014. Agriculture is also expected to witness the fastest growth of 38.5% from 2015 to 2022. Increasing agricultural activities in emerging markets such as India, China, Bangladesh, Morocco and South Africa is expected to drive this segment over the forecast period.  
• Asia Pacific emerged as the largest regional market and accounted for 33.0% of total market volume in 2014. Asia Pacific is also expected to be the fastest growing regional market for solar pumps. The region is expected to grow at a CAGR of 43.4% from 2015 to 2022. Government support to the farmers in the form of subsidies particularly in China, India and Bangladesh is expected to drive the regional market over the forecast period. Middle East & African solar pumps market is expected to exceed USD 600 million by 2022. 

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About Grand View Research

Grand View Research, Inc. is a United State of America based market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/

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Global Bathroom Vanities Market Size, analysis, Competitive Strategies and Forecasts, 2015 to 2022 - Grand View Research, Inc

Health concerns due to the use of urea formaldehyde which is a resin used to bind the fibers are expected to hamper market growth through the forecast period. However, the U.S. Environmental Protection Agency (EPA) is currently developing compliance and testing provisions for various standards. Additionally, increasing number of wood products and finished goods in California, are becoming CARB (Califonia Air Resource Board) compliant which is expected to yield opportunities for the bathroom vanities market.

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Further key findings from the study suggest:

• The residential application segment accounted for majority of the market in 2013 and is further expected to generate high revenue through the forecast period. Rising demand for new housing and remodeling activities has led to significant increase in the market penetration in the residential sector. Design trends for large storage cabinets and medications are also to promote gains.
• Non-residential application segment is expected to witness growth over the forecast period. Rising healthcare, offices, education, and retail shop construction spending is expected to support demand for bathroom vanities, as these structures incorporate secure storage with lesser space requirements.
• Asia Pacific accounted for over 30% of the overall market share in 2013 and is expected to witness high growth due to rapid installations of cabinets in new and existing homes as well as non-residential buildings. China is expected to witness robust demand; growing urbanization is expected to support infrastructure development in the region. North America is expected to witness high growth due to rising consumer demand towards premium bathroom features.

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About Grand View Research

Grand View Research, Inc. is a United State of America based market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/

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Global Novel Drug Delivery Systems (NDDS) in Cancer Therapy Market Growth Till, 2015 to 2022: Grand View Research, Inc

Growing prevalence of various types of cancer such as carcinoma, sarcoma, etc. and increasing awareness regarding the drawback of chemotherapy are few factors which are expected to boost NDDS in cancer therapy market. Additionally, growing demand for ART for the patients suffering from HIV/AIDS, changing lifestyles such as high tobacco and alcohol consumption and rising demand for novel drug delivery systems such as transdermal patches are the high impact rendering drivers for the growth of this market. Furthermore, rising awareness among healthcare professionals regarding benefits associated with nanoparticles & embrolic agents and technological advancement such as incorporation of nanotechnology in drug delivery system, vaccine drug delivery system & prodrugs for targeted drug delivery are few factors expected to positively reinforce NDDS in cancer therapy market over the forecast period.

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On the basis of technologies the market is segmented into liquid embrolic, nanoparticles and embolization particles. In 2014, Nanoparticles was one of the highest revenue generating technological segment. Key factors attributing to its large share include growing demand for protecting the drugs from being damaged before reaching the specified area, easy diagnosis by the oncologist to observe how well they are working and preventing the drug interaction with the normal cells or tissues. Nanoparticles used for cancer therapy include DepoCyt (liposomal cytarabine), Megace ES (megestrol acetate), Abraxane (paclitaxel), Doxil (doxorubicin), Myocet (doxorubicin) and DaunoXome (daunorubicin citrate). Embolization particles are further segmented into PVA particles, microspheres, drug eluting beds (DEB), microspheres, radioembolization microspheres/selective internal radiation therapy (SIRT). 

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Key regional markets included in the study are North America, Europe, Asia Pacific, MEA and Latin America. In 2014, North America accounted for significant market share in terms of revenue owing to the factors such as rising incidences of cancer, growing awareness regarding upcoming technologies and treatment options such as target drug delivery, nanoparticles and rising government investment in this sector. However, Asia pacific region is anticipated to witness significant growth over the forecast period. Key factors attributing to its rapid growth include economic development in countries such as Japan, China, India, New Zealand and Australia, favorable government initiatives pertaining to the development of healthcare infrastructure and constantly improving reimbursement policies.

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About Grand View Research

Grand View Research, Inc. is a United State of America based market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/

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