Anna
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San Francisco, 5 July 2023: The Report Digital Education Market Size, Share & Trends Analysis Report By Course Type (Business Management, Science, Technology, Engineering, & Mathematics), By Learning Type (Self-paced, Instructor-led), By End-user, By Region, And Segment Forecasts, 2021 - 2028
The global digital education market size is expected to reach USD 77.23 billion by 2028. The market is anticipated to register a CAGR of 30.5% from 2021 to 2028. The education industry has witnessed a paradigm shift from conventional exam-oriented learning to personalized and interactive learning in recent years. As digitization continues to penetrate the education industry, the latest technologies and new and creative techniques are being used to deliver knowledge and educational content, thereby transforming learning and development into a lifelong process. Looking forward to the future, digital education is predicted to benefit several beneficiaries across various geographies, demographics, ages, and socioeconomic conditions.
Digital education has changed the way people are pursuing learning. The interactive, flexible, high-quality, and collaborative learning facilitated by online learning platforms is particularly stimulating the growth of digital learning. Digital learning also provides users with the flexibility to take courses at their convenience. Hence, several institutions are offering online learning to their students. Corporates are also adopting online training modules for training their employees and helping them in upgrading their skill sets. Digital learning can also help overcome the barriers associated with the conventional teaching approach, such as the difference in the pace of learning of different students.
Education institutes have adopted digital learning to improve the efficiency of various processes, such as tracking students, reducing operational costs, and enhancing safety and security while providing information tools for teachers, administration staff, students, and researchers. Progressive educational institutions are looking forward to adopting the latest technology to transform the learning environment and merge the physical and virtual world to derive better student outcomes. The global market is a rapidly growing sector with companies spanning from early-stage start-ups to publicly traded organizations. The market is gaining a lot of attention from seasoned industry participants and generalist investors, primarily across the three main categories, i.e., K-12, higher education, and corporate learning. Each sector is unique and has different funding mechanisms, end users, and buyers.
Access Research Report of Digital Education Market @ https://www.grandviewresearch.com/industry-analysis/digital-education-market-report
Digital Education Market Report Highlights
Digital technology can improve access to education. Learners are increasingly shifting toward eBooks that can be accessed online from anywhere across the globe. Digital content is comparatively easy to generate than printed content, which tends to incur higher production costs
Digital books are available in different languages and can be easily translated and retrieved by a wider user base. Moreover, learners, especially with physical disabilities, can listen to the educational content in an audio format to improve their vocabulary and encourage better interpretive reading
Enhancing student engagement is emerging as a prime concern for educators. Hence, market players are responding to such concerns by introducing advanced interactive whiteboards and are shifting from projector-based displays to touch screen displays. Such initiatives are encouraging active learning and developing critical readiness skills into the learners
To gain a competitive edge in the market, players have started adopting the client base expansion strategy by raising funds for the development of their platform. For instance, in November 2020, Udacity, Inc. raised USD 75 million in the form of a debt facility. The company will be using the funding amount to invest in its online course platform to attract more business customers
Sugar Alcohol Market Report Scope
Report Attribute
Details
Market size value in 2022
USD 3.59 billion
Revenue forecast in 2028
USD 5.13 billion
Growth Rate
CAGR of 6.0% from 2022 to 2028
Base year for estimation
2021
Historical data
2017 - 2020
Forecast period
2022 - 2028
List of Key Players of Digital Education Market
Coursera Inc.
edX Inc.
Pluralsight LLC
Brain4ce Education Solutions Pvt. Ltd. (Edureka)
Udacity, Inc.
Udemy, Inc.
Miriadax
Jigsaw Academy
Iversity
Intellipaat
Access Press Release of Digital Education Market @ https://www.grandviewresearch.com/press-release/global-digital-education-market
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Anna
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San Francisco, 5 July 2023: The Report Meningitis Diagnostic Testing Market Size, Share & Trends Analysis Report By Test Type (Latex Agglutination Tests, Lateral Flow Assay, PCR Assay, ELISA Tests, Culture Test), By End-user, By Region, And Segment Forecasts, 2023 - 2030
The global meningitis diagnostic testing market size is expected to reach USD 154.06 million by 2030, according to a new report by Grand View Research, Inc, registering a CAGR of 3.68% over the forecast period. The growth of the market is accredited to the rising awareness among the people about early disease diagnosis and increasing demand for rapid diagnosis coupled with the high accuracy of the test. Moreover, the increasing government support to reduce the burden of disease and the rising number of diagnostic centers are other factors fueling market demand.
The increasing prevalence of infectious diseases, and HIV is increasing the risk of developing meningitis, which is increasing the demand for meningitis diagnostic tests, worldwide. For instance, according to the WHO, over 38.4 million people were living with HIV worldwide in 2021. In addition, according to CDC in 2020, around 30,635 people received HIV diagnoses in the U.S. High number of HIV infections may increase the testing rate for meningitis. Moreover, EV meningitis is estimated to result in around 30,000-50,000 hospitalizations every year in the U.S.
Thus, such a high incidence of target diseases is pushing manufacturers to develop precise diagnostic solutions. For instance, Cepheid offered Xpert EV, a fast molecular in vitro diagnostic EV test, which provides results in 2.5 hours with optimum sensitivity and specificity. Similarly, M-DiaMult of Diagenode Diagnostics is a type of PCR- CE-IVD kit that detects many bacterial infections including Neisseria meningitidis.
Meningitis infection has emerged as a global issue owing to its long-term consequences and high mortality rate. The government is offering active support to provide sophisticated diagnostic tests and treatment regimens to eradicate the disease. For instance, the Meningitis Research Foundation and the CDC offer referral diagnoses for different infectious diseases such as tuberculosis, malaria, and meningitis among others that are not available in hospitals. Thus, such government initiatives to promote the diagnosis of various infectious diseases are likely to offer lucrative growth opportunities for the market.
Furthermore, the surge in the healthcare sector developments and growing technological advancements in diagnostic tests are likely to offer robust growth opportunities for the market. For instance, in July 2022, Abacus Diagnostica, a leader in molecular diagnostic testing, launched a novel rapid PCR test in Europe markets for the quick identification of viruses causing encephalitis and meningitis. This newly launched test allows healthcare professionals to identify the most common virus those causes meningitis in a span of 70 minutes. The introduction of rapid tests with high accuracy is anticipated to propel the market growth in the coming years.
Access Research Report of Meningitis Diagnostic Testing Market @ https://www.grandviewresearch.com/industry-analysis/meningitis-diagnostic-testing-market-report
Meningitis Diagnostic Testing Market Report Highlights
PCR assay segment held the largest market share in 2022 owing to a high preference for PCR tests and higher sensitivity and lower turnaround times of the test
Lateral flow assay is expected to be the fastest segment during the coming years due to the increasing adoption of rapid tests at different healthcare facilities
Hospitals segment was the leading revenue contributor during the base year and its high revenue is attributed to increasing access to novel diagnostic technologies and improved healthcare coverage
The diagnostic centers segment is anticipated to exhibit the fastest growth rate owing to the surge in the burden of infectious diseases and the increasing adoption of technologically advanced products
Asia Pacific is expected to exhibit the fastest growth over the forecast period due to rising investments in the region and ongoing trials in the region
Meningitis Diagnostic Testing Market Report Scope
Report Attribute
Details
Market size value in 2023
USD 120.00 million
Revenue forecast in 2030
USD 154.06 million
Growth rate
CAGR of 3.68% from 2023 to 2030
Base year for estimation
2022
Historical data
2018 - 2021
Forecast period
2023 - 2030
Key Players in the Meningitis Diagnostic Testing Market
Thermo Fisher Scientific, Inc.
Bio-Rad Laboratories, Inc.
Abbott
ELITechGroup
Seegene Inc.
Luminex Corporation
CERTEST BIOTEC
IMMY
Uniogen Oy
Access Press Release of Meningitis Diagnostic Testing Market @ https://www.grandviewresearch.com/press-release/global-meningitis-diagnostic-testing-market
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