Technology and Media Market Research Reports

The  Missouri medical cannabis market  size is estimated to be valued at USD 102.4 million in 2026 and is predicted to register a lucrative CAGR of 22.0% over the forecast period, according to a new study by Grand View Research, Inc. Legalization of marijuana for medical applications and growing number of patients qualifying for the same is expected to boost the market in Missouri. Based on product type, the market is divided into buds, oil, and tinctures. The buds segment is anticipated to hold the largest market share in 2020 with a revenue of USD 20.6 million. Buds being the primary plant product, can be used readily without any processing, which makes it relatively affordable for low-income patients. Moreover, easy availability of buds as compared to other cannabis products is further anticipated to increase their adoption in the state. Based on application, the chronic pain segment is expected to dominate the Missouri market in 2020 owing to a large patient pool. On

The U.S. hospice market size is expected to reach USD 53.2 billion by 2026, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.3% over the forecast period. Rising healthcare expenditure, awareness about the benefits of the hospices, and favorable reimbursements are some of the major growth drivers. According to the U.S. Centers for Medicare & Medicaid Services, the U.S. healthcare spending increased by 4.6% and reached USD 3.5 trillion in 2017. It is projected to reach USD 6.0 trillion by 2026. According to the Centers for Disease Control and Prevention (CDC), the number of hospice care agencies in U.S. reached 4,500 by 2018 from 4,300 in 2016. According to the Hospice Demographic and Outcome Measures Report, the percentage of accredited hospices reached 63% in 2017. In addition, a substantial growth in the use of these benefits among the Medicare beneficiaries is anticipated to boost the market growth. According to the National H