Posts Tagged ‘Industry’

Global Spa Industry Now Valued at $94 Billion; Thermal/Mineral Springs Market at $50 Billion; Wellness Tourism Rises to $494 Billion

Global Spa Industry Now Valued at Billion; Thermal/Mineral Springs Market at Billion; Wellness Tourism Rises to 4 Billion












(PRWEB) September 18, 2014

At last week’s Global Spa & Wellness Summit (GSWS) in Marrakesh, Morocco, the organization’s independent, non-profit research partner, SRI International, released top findings from the most comprehensive data yet on the global wellness market. This included refreshed data on the spa and wellness tourism markets, and the first research to size and analyze the global thermal/mineral springs segment.

Key takeaways:


The spa industry grew 58% from 2007-2013: from billion to billion, with a 47% growth in spa locations, to reach 105,591 spas
The thermal/mineral springs industry is a billion market, spanning 26,847 properties
Wellness tourism expanded to 4 billion in revenues, rising 12.5% from 2012-2013 – significantly outpacing SRI’s original growth forecast of 9%.

“It has been six long years since our first spa industry research report, and to see nearly 60% growth across years marked by global financial collapse was as impressive as it was unexpected. Also exceeding our expectations: the growth in the wellness tourism market last year and the sheer scope of the thermal/mineral springs industry,” said Ophelia Yeung, senior consultant, Center for Science, Technology & Economic Development, SRI. “And key economic and demographic trends, we predict, will continue to fuel growth for these three segments, including the rise of the global middle class (at two billion people now, but expected to skyrocket to five billion by 2030); ongoing, phenomenal momentum for tourism, generally; millions more people each year proactively seeking a ‘wellness lifestyle’; and the story of developing markets, and so many new properties, across Asia, Middle East/Africa and Latin America.”

More findings:

Global Spa Industry: Near 0 Billion Market – With Over 100K Spas

SRI International’s calculations for core spa industry revenues put spa facility revenues at the center, but also include businesses directly, critically associated with spas, including spa investment capital and spa-focused education, consulting and media/associations/events.

Breakdown of the current billion spa industry: spa facilities billion, spa investment capital billion, spa education 0 million, spa media/education/events 0 million, and spa consulting 0 million
From 2007-2013, spa locations grew 47%: from 71,762 to 105,591

Regional Spa Industry Leaders & Growth 2007-2013

Europe: .8 billion (+62%)

Asia-Pacific: .8 billion (+65%)

North America: .3 billion (+35%)

Latin America/Caribbean: .7 billion (+86%)

Middle East/North Africa: .7 billion (+134%)

Sub-Saharan Africa: 0 million (+186%)

Europe retains its 2007 crown as the world’s largest spa market. And, notably, Asia-Pacific has since leapfrogged North America as the world’s second largest. And if Europe boasted the most spa locations in 2007 (22,607), Asia-Pacific now holds that title with 32,400+ spas today.

The spa revenue growth explosion is concentrated in emerging markets, with Sub-Saharan Africa ranking #1 (+186%) and Middle East/North Africa ranking #2 (+134%), both fast-developing regions that have added many spas from a low, 2007 base. But every region in the world except the mature North American market saw double-digit annual growth rates from 2007 to 2013. And Europe and Asia’s 60%+ growth is particularly impressive given its strong, existing base of spas in 2007.

See the presentation:

Hot Springs Eternal: Ancient Practice Now Billion Market

In places like Europe and Japan, thermal/mineral bathing has an ancient pedigree, and today “taking the waters” goes by dozens of names worldwide: from agua calientes, to balneotherapy, to therma. With a hot/mineral springs resurgence underway (so many countries modernizing old facilities and investing billions in new, springs-based resorts), SRI undertook the first research to size this “millennia-old-but-hot-again” market. While hundreds of thousands of springs occur naturally worldwide, SRI’s research only included revenue-earning springs (i.e., with built facilities).

The global hot springs market is now worth billion, with nearly 27,000 facilities across 103 nations
The research segmented the industry into thermal/mineral springs facilities that offer bathing with spa services, and those without. Those without spa services heavily dominate location-wise, at 20,343 establishments, vs. 6,504 with spa.
But while springs with spa services represent only roughly a third of global establishments, in aggregate they earn more than twice the revenue as springs without spa services: billion vs. billion annually

Hot Springs Markets: Asia & Europe Heavily Dominate

Asia-Pacific: .7 billion

Europe: .7 billion

Latin America: 0 million

North America: 0 million

Middle East/North Africa: 0 million

Sub-Saharan Africa: million

The thermal/mineral springs industry is intensely concentrated: ten countries account for 85% of revenues and Japan and China comprise a staggering 51% of the market (driven by the thousands of onsens in Japan and massive, ongoing investment in resorts in China). The rest of the “top ten” national markets are in Europe, where hydrotherapy has long been part of the medical equation.

More preliminary hot springs data:

Wellness Tourism: Near Half-Trillion-Dollar Market – Up 12.5% from Last Year

SRI’s 2013 report, “The Global Wellness Tourism Economy”, put the wellness-focused travel segment firmly on the map, finding that wellness travel is growing nearly 50% faster than the global tourism overall. For 2014, key numbers are updated:

As a 4 billion industry, wellness tourism represents more than one in seven (14.6%) of all travel dollars spent worldwide
Wellness-focused trips jumped from 524 million to 586.5 million from 2012-2013
Wellness tourists remain big spenders: international wellness travelers spend 59% more than the average border-crossing tourist, while domestic wellness tourists spend 159% more
SRI makes the crucial distinction between “primary” wellness tourists (where wellness is the motivating reason for the trip) and the “secondary” variety (people opting for wellness-related activities as part of a trip). The former remains the more niche group (13% of the market), and primary wellness tourism trips grew 11.2% – while secondary-purpose trips grew 11.9% – last year.
Domestic wellness trips (the lion’s share of the market, at 68% of spend) grew 12.1%, while international trips grew 10.1%.
North America (6.5 billion market, 8% growth 2012-2013) and Europe (8.1 billion, 12% growth) firmly remain the largest markets. But the developing story is again developing nations: Sub-Saharan African wellness tourism grew 57%; Middle East/North African 39%; Asia-Pacific 21% and Latin America 16%, between 2012-2013.

More preliminary wellness tourism data:

More Research Coming: While preliminary findings from the GSWS’s “Global Wellness Economy Monitor” were shared last week, the full report (sizing wider wellness industries like healthy eating/weight loss, preventative/personalized medicine, beauty/anti-aging, complementary/alternative medicine, fitness/mind-body and workplace wellness – as well as providing more detailed data on regional spa and wellness tourism markets – will be released September 30 at a media event in New York City.

To learn more about the research or the September 30 event – or to speak with an SRI analyst – please contact Beth McGroarty: beth.mcgroarty [at] gsws [dot] org or (+1) 213-300-0107.

About the Summit: The Global Spa & Wellness Summit (GSWS) is an international organization representing senior executives and leaders joined by a common interest in driving economic development and understanding of the spa and wellness industries. Delegates from diverse sectors, including hospitality, tourism, health and wellness, beauty, finance, medical, real estate, manufacturing and technology attend the organization’s annual Summit, held in a different host country each year and attracting delegates from over 45 nations. After just eight years, the GSWS is now considered the leading global research and educational resource for the .4 trillion, multi-sector wellness industry. It’s known for introducing major industry initiatives such as the Global Wellness Tourism Congress, whose forums bring public and private stakeholders together to chart the course of the fast-growing wellness travel sector, and WellnessEvidence.com, the world’s first online portal to the medical evidence for common wellness approaches. For more information, visit http://www.gsws.org











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More Alternate Medicine Press Releases

Healthcare Trailblazer Partners with Education Powerhouse to Create a Groundbreaking Remedy for the Current Healthcare Industry

Healthcare Trailblazer Partners with Education Powerhouse to Create a Groundbreaking Remedy for the Current Healthcare Industry











Houston, TX (PRWEB) August 15, 2014

2nd.MD CEO Clinton Phillips and The Flippen Group Founder and Chairman Flip Flippen are pleased to announce their joint venture to create 1stMD, a brand new primary care telemedicine service which will launch on September 1, 2014. 1stMD will integrate with Phillips’ 2nd.MD, an innovative specialty care 2nd opinion service, to provide an end-to-end health benefit that will bring access to millions of Americans.

The combined benefit of 1stMD and 2nd.MD will provide a more comprehensive healthcare service for employees and a one-stop shop for employers. Forward thinking companies will save on wasted health care dollars while providing access to top notch medical advice to their employees. Whether they are facing a common medical condition or a difficult medical decision, benefit holders will now have the care they deserve at their fingertips. More details will be released in conjunction with the September 1st launch date.

“Behavioral health has always been at the core of what we do. It seemed only natural that we would continue to follow the developments of the health care delivery system through these changing times. One of the most intriguing companies in the emerging health care world is 2nd.MD, and we have chosen to be the primary care delivery system for their company in large part because of the values, the expertise, the technology, the absolute commitment to the patients well-being and their leadership team,” says Flippen.

Phillips reciprocates the sentiments, “The Flippen Group’s impact in corporate development, behavioral health and education gives them unique insights into solving some of the current challenges within healthcare. The character of their leadership team and the care they have shown to their clients of over 25 years make them an ideal partner for 2nd.MD. Together we expect that the industry will be completely revolutionized.”

Clinton Phillips is the Founder and CEO of 2nd.MD, launched in 2011, a revolutionary online resource that connects members with the nation’s leading medical minds for 2nd opinions. Members can choose from over 300 nationally recognized, board-certified medical specialists that cover over 25 specialties and 120 sub-specialties. These world-renowned physicians are available for consult via video or phone within 3 days from virtually anywhere. 2nd.MD is currently covering over 1.5 million lives world-wide and continues to gain praise from across the globe. 2nd.MD was inspired by Phillips’ daughter Gabi who suffered a stroke at birth. Finding the right doctor and getting the answers they needed proved to be immensely difficult, costly and time consuming. He has since vowed to make peace of mind only a click away.

Flip Flippen is the Founder and Chairman of The Flippen Group, started in 1990, which was recently voted the number two company to work for in the State of Texas by Texas Monthly. Today, The Flippen Group is one of the largest educator training companies and one of the fastest-growing leadership development organizations in North America. The company’s breakthrough processes that emphasize changing behaviors and attitudes have helped organizations achieve dramatic improvement in performance, leadership, trust, and productivity. As a psychotherapist, Flippen has worked with thousands of individuals, organizations and sports teams. The success of his efforts has been documented on The Today Show, The Super Bowl Pre-Game Show, Speed Channel’s NBS 24/7 among others, and in countless publications over the last twenty years. He is widely recognized as a world-class entrepreneur and philanthropist who together with his wife Susan has helped to raise over twenty children.

Logos and imagery are available upon request. To learn more about the two companies, visit http://www.1stmd.com, and http://www.2nd.md, or contact contactus(at)1stmd(dot)com, or press(at)2nd(dot)md.


























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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









LTE Solutions and Market Opportunities: Industry Trend, Size, Growth And Research Reports

LTE Solutions and Market Opportunities: Industry Trend, Size, Growth And Research Reports











MarketResearchReports.biz

Albany, NY (PRWEB) December 25, 2013

LTE is ushering into the world a new range of opportunities and challenges for every industry constituent including everything from new business models and industry participants to operational support systems for improved quality of service and user experience. While there are many challenges including implementation of small cells, network optimization, and other OSS/BSS impacts, there are also many opportunities.

Data revenues are estimated to be roughly 7 B USD in 2013 growing to just short of 0 B USD in 2018. During this same period of time, global revenue for Voice over LTE (VoLTE) is expected to grow from 0 M to 31.5 B USD from 2013 to 2018 respectively. In addition to opportunities to expand voice to IP, we see several excellent opportunities for Value-added Service (VAS) applications enabled or enhanced by LTE including:

To check out the complete table of contents, visit: http://www.marketresearchreports.biz/analysis-details/lte-solutions-and-market-opportunities


    Mobile Advertising
    Social Networking Services
    LBS Service Subscriptions
    Gaming Subscription Services
    Virtual Goods Market
    Streaming TV, Pay-TV, and Multiscreen
    Mobile Health Services
    Music Subscriptions Services
    Automotive Market Vertical
    Public Safety LTE
    Ad Revenues from Small Cells
Some of these VAS application opportunities are particularly attractive, such as the Automotive Market Vertical, which we see growing at a rate of CAGR 98% between 2014 and 2019. However, there are obstacles to overcome to realize the potential for LTE in this market segment and others covered in our reports within this research bundle.

This is the most comprehensive research package available as it covers LTE technology, OSS/BSS impacts and solutions, market analysis, business case assessment, company analysis, opportunity assessment, application evaluation, and more. It is a must have bundle of reports for anyone focused on broadband wireless business, market, and/or technology.

Audience:

    Cellular, wireless ISP’s, cable TV MSO’s, and fixed network service providers
    LTE vendors, start-ups, vendors, investors, and industry analysts
    IP backbone service providers and VoIP service providers
    Telecom regulators and government agencies
    Enterprise telecom and IT managers
    Municipal IT and telecom managers

Click Here To Download Detail Report: http://www.marketresearchreports.biz/sample/sample/20645

Table of Contents:

Global Broadband Traffic Management: Business Case, Market Analysis, Roadmap, and Forecast

Strategies for Small Cell Network Deployments for 4G and Beyond

Voice over LTE (VoLTE) Market Opportunities and Forecast 2013 – 2018

Mobile Value-added Services in 4G: Market Analysis and Forecasts for LTE-based VAS 2013 – 2018

Carrier WiFi and Small Cells in LTE & Beyond: Market Opportunities and Forecasts 2013 – 2018

LTE Broadcast: Global Market Game Changer for Mobile Video and TV in the post-4G World

LTE Real-time Billing Support Systems (BSS) Operational Issues and Market Opportunities

LTE Strategy 2013 – 2018

Self Organizing Networks Challenges and Market Opportunities for LTE and beyond, Third Edition

LTE in Industry Verticals: Market Opportunities and Forecasts 2013 – 2018

Public Safety LTE: Global Market Size, Technology, Vendors and Spectrum Allocation 2013 – 2018

The ROI of Video in an LTE World

Mobile Security and Privacy in 3G & LTE: Strategies, Solutions and Market Forecast 2012-2017

4G Cloud Services for Mobile Governance

LTE Operator Strategies: Key Drivers, Deployment Strategies, CAPEX, OPEX, Price Plans, ARPUs and Service Revenues 2012 – 2016

Mobile Operator Subscriptions, Spectrum, Ownership & Infrastructure Contracts Database

The LTE Device Marketplace: Ecosystem, Roadmap, Key Trends, Shipments/Market Share, and Global Forecast by Vendor 2012 – 2016

The LTE Infrastructure Market: Vendors, Market Share, Key Trends & Forecasts

LTE Support of the Smart-grid Solutions, Applications, and Market Outlook

Global Cellular Handset Update: Market, Technology, Vendor, and Application Analysis

4G Handsets: Evaluating the Impact of LTE, Applications, and Anticipated Usage

Tekelec: LTE Drives Opportunities in Diameter, Policy and Subscriber Management

The Definitive Analysis of Broadband Wireless Networks: WiMax, WiFi, LTE, and 4G Infrastructure

Mobile Commerce in LTE: The Future of Commerce in 4G and Beyond

IMS Applications: Moving Beyond Voice over LTE (VoLTE)

Market Opportunity: Call Continuity in Voice over LTE (VoLTE)

Free VoIP over Wireless vs. VoLTE

LTE Feasibility, Applications and Potential by Region 2011 to 2015

Latest Reports:

Drugs Abuse Testing Market – Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 – 2019: http://www.marketresearchreports.biz/analysis-details/drugs-abuse-testing-market-global-industry-analysis-size-share-growth-trends-and-forecast-2013-2019

Drug testing business is described as providing of drug testing services to the various private and government agencies. Drugs testing services are primarily required for screening devices, defensive tools and for legal requirement. Drug testing is gaining importance in various parts of the world due to year on year rising instances of drug abuse among employees, students and athletes. Annually, millions of samples are tested for the presence of drug metabolites and alcohol. Moreover, drug testing agencies play an important role in indentifying drug addicts and providing solutions to help them quit the habit.

In order to create a safe and productive work environment, various multinational companies now prefer to perform employee drug testing. This also helps to reduce crime associated with drug abuse, productivity loss, serious health problems and social dysfunction.

Companies have also come to realize the various business opportunities behind drug testing. In the US alone, drug abuse cost more than 0 billion a year, which includes drug abuse and addiction due to tobacco, alcohol and illegal drugs. Moreover, illicit drug use in the region cost around 0 billion to health care system and drug enforcement agencies. On the other hand, due to globalization, drug abuse has become a worldwide problem and developing countries in Asia and Africa are now reporting more problems of drug abuse; such regions hold immense business potential for drug testing service companies.

Some of the major companies operational in this industry are Abbott Laboratories, AdnaGen, Beckman Coulter/Danaher, Biomedical Diagnostics, BioMerieux, Bio-Rad, Dako, DiaSorin, Eiken and Fujirebio.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

    North America
    Asia Pacific
    Europe
    Rest of the World
This report provides comprehensive analysis of

    Market growth drivers
    Factors limiting market growth
    Current market trends
    Market structure
    Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Click Here To Download Detail Report: http://www.marketresearchreports.biz/sample/toc/181222

Reasons for Buying this Report

    This report provides pin-point analysis for changing competitive dynamics
    It provides a forward looking perspective on different factors driving or restraining market growth
    It provides a technological growth map over time to understand the industry growth rate
    It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
    It helps in understanding the key product segments and their future
    It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
    It provides distinctive graphics and exemplified SWOT analysis of major market segments

Flavored And Functional Water Market – Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 – 2019: http://www.marketresearchreports.biz/analysis-details/flavored-and-functional-water-market-global-industry-analysis-size-share-growth-trends-and-forecast-2013-2019

Flavored water is a category of bottled mineral, spring or purified water containing flavours. The functional water is a derivative of flavored water with added functional ingredients such as botanicals, vitamins, minerals and oxygen. These types of drinks do not contain caffeine, colour, carbonation or preservatives. The growing health concern of the masses, which is making them refrains from consuming carbonated or artificial flavored drinks, acts as major driving factor for the industry. These drinks are priced similar to the carbonated drinks, which reduces the switching cost of the consumer, thus increasing the attractiveness of these drinks.

The common flavours in the flavored and functional waters market are orange, apple, cherry, lemon, peach and mixed. Asia Pacific has been emerging as a strong market registering double digit growth in 2012. Some of the major companies operating in the market are Nestle, Danone, Coca Cola and PepsiCo.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include:

    North America
    Asia Pacific
    Europe
    Rest of the World

This report provides comprehensive analysis of:

    Market growth drivers
    Factors limiting market growth
    Current market trends
    Market structure
    Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Click Here To Download Detail Report: http://www.marketresearchreports.biz/sample/toc/181221

Reasons for Buying this Report

    This report provides pin-point analysis for changing competitive dynamics.
    It provides a forward looking perspective on different factors driving or restraining market growth.
    It provides a technological growth map over time to understand the industry growth rate.
    It provides a seven-year forecast assessed on the basis of how the market is predicted to grow.
    It helps in understanding the key product segments and their future.
    It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors.
    It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
    It provides distinctive graphics and exemplified SWOT analysis of major market segments.

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