The global Healthcare CRM market is projected to grow from USD 17.87 billion in 2023 at a CAGR of 7.7% through 2031, driven by increasing demand for structured data and automation in healthcare. Key players include Microsoft, Oracle, and Salesforce, with a focus on enhancing consumer engagement through advanced technologies. The market analysis covers various segments and regions, identifying growth opportunities and competitive dynamics.
Most Asian stocks rose, led by tech firms, as new US restrictions on Chinese tech exports were less severe than anticipated. Japan's Topix gained 1.3%, while Hong Kong's Hang Seng fell 0.6%. The dollar strengthened, and traders are preparing for significant economic data this week, including the US jobs report. Oil prices dipped slightly ahead of an OPEC+ meeting, and gold remained stable within a narrow range.
South Korea's inflation rate rose to 1.5% in November, up from a 45-month low of 1.3% in October, but fell short of the 1.7% forecast by economists. The Bank of Korea cut interest rates by 25 basis points to 3%, marking its first consecutive cuts since 2009, to address economic risks amid a weakening won and slowing exports. The central bank also revised its inflation outlook for 2024 and 2025 down to 2.3% and 1.9%, respectively, citing stable prices due to declining global oil prices and subdued demand.
Commodity trading advisors (CTAs) faced significant losses in October, with the Tulip Trend Fund down 8.7% for the month and 7.1% year-to-date, primarily due to adverse currency and interest rate trends. The DUNN World Monetary & Agriculture Program reported an 8.92% loss, while the Quantedge Global Fund fell over 11% but remains up 17.88% for the year. Despite a challenging month, the Mulvaney Capital Global Diversified Program leads with a 51.51% annual gain, despite a 12.25% drop in October driven by currency bets.
The recent UN talks in Busan aimed at establishing a treaty to combat plastic pollution ended without agreement, largely due to resistance from fossil fuel-producing nations against capping plastic production. Despite over 100 countries advocating for stringent measures, divisions persisted, with negotiators expressing concerns over economic impacts and the need for higher-level political involvement. The next round of discussions is anticipated to be challenging, with calls for more decisive action to address the plastic crisis.
Data Bridge Market Research, established in 2015, aims to tackle complex business challenges with a focus on customer satisfaction, boasting a 99.9% rating. The healthcare CRM market is projected to grow at a CAGR of 9.78%, reaching USD 22,271.67 billion by 2028, driven by the increasing demand for virtual care. The market encompasses various segments, including operational, analytical, and collaborative CRM, with key players across multiple regions.
The Internet of Things (IoT) in Healthcare market is projected to grow from USD 53.65 billion in 2023 to USD 206.10 billion by 2032, driven by factors such as the aging population, rising chronic diseases, and advancements in AI and telemedicine. Key trends include the adoption of blockchain for data security and remote patient monitoring, while challenges like data privacy concerns and high implementation costs persist. Major players in the market include Medtronic, IBM, and Microsoft, highlighting a competitive landscape focused on enhancing patient care through connected devices.
South Korean President Yoon Suk Yeol faces a leadership challenge as the opposition seeks to control the annual budget. Yoon's government proposed a 677.4 trillion won budget, aiming for a 3.2% increase to support a cooling economy, but the Democratic Party has cut 4.1 trillion won from the total.
The Home Healthcare Software Market is projected to grow at a CAGR of 8.4%, reaching a valuation of USD 8.1 billion by 2031, driven by advancements in healthcare IT and infrastructure. Key segments include clinical management systems and tele-health solutions, with major players like GE Healthcare and Cerner Corporation leading the market. The report highlights opportunities for stakeholders and analyzes competitive dynamics through various strategic frameworks.
The Smart Home Healthcare Market is projected to grow at a CAGR of 28.5%, surpassing USD 13 billion in revenue by 2022, driven by increasing consumer adoption of IoT technology for remote health management. Key players include Apple, Google, and Samsung, with a focus on enhancing patient outcomes through innovative solutions. The market analysis covers various segments, regional dynamics, and competitive strategies, highlighting opportunities for stakeholders in this evolving landscape.
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