Showing posts with label market forecast. Show all posts
Showing posts with label market forecast. Show all posts

Buying a Used Car can be a Good Deal

Buying a car always makes sense, but it is not always a brand-new car, that makes sense. This statement might spring a surprise to many, but it is a fact that a used car comes with its own perks. This blog will focus on some of the pekes, offered by used cars.

Come, let us have a look at them

Save Money Along with Upgrading your Car

If you want to upgrade to a luxury car, and your budget is stopping you from going forward, then you can give a nod to buying a used car. This way, you can buy a luxury car or any car of your choice, and that too at a considerably lower price than that of a brand-new car. So, it can be said that, by going for a used car, you can save money as well as upgrade your car and rule the roads.

 Indulge in Tension-Free Driving

If you are still a rookie on the driver’s seat or go on long trips often, then you may not be that inclined to try your hands at a new car. It is very obvious to be doubtful about taking it out on the roads tension free. But, with a used car, there is no such tension. You can go driving through uneven and rough terrains without the tension of getting dents and scratches on the car.

 Get Used Cars with Warranty

The market of used car s is growing all around the globe, and the total demand will reach USD 2,980.2 billion by the end of this decade. With so much inclination toward buying used cars, most of the dealers have entered the segment of used cars. 

If you are in any sort of a doubt that, whether you will get a genuine and certified used car or not, don’t bear any sort of doubt. There are authorized car dealers, who will ensure that you get the best car and that too with a warranty.

 Less Depreciation More Saving

Every car goes through depreciation from the day, it is bought. A new car loses most of the value in the initial 3-4 years It might surprise you that a used car undergoes less depreciation than a brand-new car. This is because, it is bought, when most of the depreciation is already happened. It has a direct implication that, with less depreciation, your will be able to save more with a used car.

Pay Less Insurance Premium

Insurance is to be done at the time of purchasing a car. It is a no-brainer that the insurance of a used car will cost you much lesser than a brand-new car. It will be because the insurance amount is calculated according to the value of the car. And, since the car is new, and no depreciation has happened yet, the insurance premium will be high.

It is because of the increasing prices of new cars, that the demand for used cars is rising considerably all over the world.


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Increasing Cases of Chronic Diseases Calls for EHR Systems

When there are a lot of people in need of medical attention, there is a need for the digitization of healthcare to cope with the ever-increasing patient count. All the people seeking medical attention need to be provided with a diagnosis and prescriptions. In this ever-changing world, there is havoc created by chronic diseases. Between the years 2000 and 2030, Americans having chronic conditions will go up by 37%, an upsurge of 46 million persons.



It is a given that older people are in more need of medical assistance, as they are more prone to succumb to all kinds of health issues. The EHR market will continue to rise with the rising number of the elderly population. As per WHO, the elderly people will rise to 22% in 2050, approximately doubling the value of 125 in the year 2015. 80% of the older population will live in low-income countries.

The paybacks of EHR in epidemiology are another main factor for the development of the growth of the EHR market. For example, the FDA has requested over $100 million, for an EHR initiative, to assess the safety of the drugs controlled by it, as EHR allows researchers to analyze data. Additionally, with the use of this system, healthcare workers and patients can have an idea of the present drug development stage and clinical trials and outcomes that were attained from formerly accomplished trials.

Worldwide, North America had the highest demand for EHR in the past and the trend is continuing in the current scenario as well. This has a lot to do with the growth in its elderly population and the upsurge in the consciousness about the significance of EHRs in healthcare settings. The U.S will be the leader of the industry in the region. With scientific developments and the inclusion of AI, the demand for EHR has grown leaps and bounds.

The demand for EHR systems is rolling because of the increasing elderly population and the government initiatives for the same.


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Improving Quality of Life: The Rising Demand for Pressure Relief Devices in the Global Market

Pressure ulcers are defined as localized injuries to the skin underneath the tissue induced by the bony portion as a result of continuous pressure or pressure combined with sheer friction.

Devices that relieve pressure include those that spread out the weight of the body across a wide area and offer a conforming support surface. Patients of all age groups who have pressure ulcers should use these devices. Patients with numerous lifestyle-related disorders, including cardiovascular disease, diabetes, and obesity, benefit from the usage of such devices.


Geriatric Population Growth and Obesity

Obesity-related disorders and the rise in the senior population are driving the need for pressure ulcer devices. For example, research carried out in North America shows that the number of Americans 65 and older is expected to double from 45 million to 95 million in 2060.

Between 2009 and 2012, the "Population Reference Bureau" reported a sharp rise in obesity among older individuals in the United States, which now affects almost 40% of those between the ages of 65 and 75.

Numerous Low-Tech Devices Are in Use

Due to their simple operation, low cost, and outstanding performance in ulcer prevention, low-tech devices had the most share in the past and are anticipated to continue doing so in the coming years. Foam-based mattresses are the most prominent investors among low-tech gadgets because they absorb movement pressure, allowing for pain relief and uninterrupted sleep.

Need for Healthcare Infrastructure Is Growing

The worldwide healthcare system has been advancing and changing throughout time. The need for cutting-edge medical equipment, including pressure relief devices, has been rising in tandem with the fast growth of the healthcare infrastructure to meet the needs of pressure ulcer patients.

Growing public-private partnerships (PPP) and investments from third parties in medical facilities are also fostering the expansion of the medical sector, which in turn is fueling the demand for pressure relief devices.

Why Does North America Control the Most of the Market?

Due to the high frequency of pressure ulcers there, the North American market now owns a 37% share, and it is anticipated that the area will continue to dominate the industry. In addition, the development is being fueled by government support as well as the presence of an established reimbursement network.


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