Governor wants to invest $1 billion in mental health

By Taylor Knopf

In his State of the State address Monday, Gov. Roy Cooper said the “youth mental health crisis cannot be ignored,” adding that he would soon “propose a plan that makes historic investments in the whole-person health.” 

On Wednesday, Cooper announced his plan to invest $1 billion in mental health and substance use services in North Carolina. The money will come from the $1.8 billion sign-on bonus the Biden administration has extended to get holdout states such as North Carolina to expand Medicaid coverage. 

“The highest priority for that bonus must be making smart investments in our mental health and substance use system across the entire continuum of care,” the governor’s plan reads.

In the wake of the pandemic, North Carolina is contending with a growing mental health and substance use crisis.

More and more people are waiting longer at emergency departments to go to a psychiatric hospital. Drug overdose deaths increased by 72 percent over the pandemic. Crippling workforce shortages in health care mean that psychiatric beds sit empty as the state struggles to fill vacant positions. People with disabilities have lost their direct service providers to higher-paying jobs. And teenagers are reporting high levels of depression and suicidal thoughts. 

“Clinics closing, people can’t find care […], folks waiting in emergency departments, staff levels at record lows… Folks, it is only going to get worse,” NC Department of Health and Human Services Secretary Kody Kinsley said in February at the annual Legislative Breakfast on Mental Health, where he gave an update on the state of North Carolina’s mental health needs. “And I do not want to stand here next year and tell you how much worse it is. I want to sit here in front of you and say, ‘Here’s all the extra things we’re able to do because of Medicaid expansion.’” 

Kinsley has repeatedly said Medicaid expansion is the best investment for the state’s mental health system, as more people with behavioral health needs will be able to afford care. 

“There is not a better investment than Medicaid expansion,” NCDHHS Sec. Kody Kinsley said in February, slamming his hand down on the podium. “And I am tired of it not being done!” Photo credit: Taylor Knopf

“But after decades of no one being able to pay, we need to jumpstart our system of care,” Kinsley said Wednesday. “This plan does just that. It helps us invest wisely to make a system of care that prevents crises, serves people where and when they need it most, and helps increase health and decrease costs over people’s lifespans.”

“Not only is the system not working, it’s inefficient,” Kinsley added. “This plan allows us to save costs over time, by building better places and ways for folks to get preventative care and recovery supports.” 

Support from state lawmakers

After nearly a decade of debate, leaders of the North Carolina House and Senate announced in early March that they have reached an agreement on Medicaid expansion. 

Cooper’s plan to

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World-wide Related Wearable Device Sector in Healthcare, Wellness, and Fitness 2023: Sector to Attain $10.5 Billion by 2028 – ResearchAndMarkets.com

DUBLIN–(Business WIRE)–The “Linked Wearable Product Current market in Healthcare, Wellness, and Health and fitness by Device Sort, Use Scenario, and Application 2023 – 2028” report has been additional to ResearchAndMarkets.com’s featuring.

This report evaluates the latest point out of the wearable technology ecosystem such as equipment and apps within just the healthcare, wellness, and exercise marketplaces. The report addresses critical issues, industry gamers, answers, and the long run of wearables in health care and associated industries like physical fitness and perfectly-being.

The report also supplies an outlook for the foreseeable future of wearable gadgets in professional medical, wellness, and exercise with forecasts for the period of time 2023 to 2028. This incorporates software evaluation and forecasts by physiological activity and the purpose of wearables in elder treatment and assisted living.

Pick Report Conclusions

  • The world-wide market place for health and exercise trackers will access $10.5 billion by 2028
  • Privateness and stability problems carry on to damper the current market substantially at existing
  • Wearables are swiftly moving into the preventative treatment, diagnostics, and urgent care segment
  • There is a have to have for efficient machine monitoring in conditions of both equally treatment of custody for delivery as very well as utilization
  • The health-related device market is rapidly crossing more than into the typical wellness, conditioning, and properly-becoming category

There is a wonderful need in the healthcare marketplace for remote monitoring and diagnostics. Driving components consist of healthcare price inflation coupled with a fast aging global inhabitants inside designed countries. For example, virtually 25 p.c of United States citizens are projected to be age 65 or older by 2030.

In terms of solution and service demand, above two-thirds of medical professionals see a sturdy will need for accumulating health care facts remotely. A powerful bulk of health care companies total also see price in instructing their individuals to employ connected wearable medical equipment on a frequent basis. This aligns with robust field traits all round for distant monitoring.

Some of the biggest fears, on the other hand, continue being affected person potential to effectively use units, trustworthiness of details (which is partially impacted by the former), and wrong positives when it comes to alerts/alarming. Privateness and safety of details stays an general market concern ranging from reduction of individually identifiable info to product hacking.

Wearable units for professional medical, wellness and health and fitness purposes are many and various, consisting of several kind elements relying on the reason and placement of the human human body. Wearable gadgets can be worn and/or built-in into attire to grow to be considerably less intrusive. Sensors (biomechanical, motion, and many others.) could be positioned at specific parts of the body to talk with an all round System Space Community technique.

Strengthening source things involve advancements in electronics miniaturization and innovation main to lessened product price tag. R&D in wearable healthcare gadgets is foremost to increased operation, type element advancements, and frictionless integration with the Internet of Factors (IoT) programs and alternatives.

Machine-to-Machine (M2M) interaction

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Global Complementary and Alternative Medicine Market Demand, Size & Share to Surpass USD 265.0 Billion by 2028, Exhibit a CAGR of 21.3%

NEW YORK, Jan. 23, 2023 /PRNewswire/ — As per Facts and Factors study, The global complementary and alternative medicine market size was worth USD 83.2 billion in 2021 and is estimated to grow to USD 265.0 billion by 2028, with a compound annual growth rate (CAGR) of approximately 21.3% over the forecast period.

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Complementary and Alternative Medicine Market: Overview

Complementary and alternative medicine is utilized for a person’s medical care without a prescription from a doctor. It is not a component of routine care. Additionally, traditional drugs and treatments are employed in conjunction with alternative therapies. In contrast, traditional medications and treatments are substituted by alternative remedies. Although certain complementary and alternative medicinal therapies still lack scientific or medical support. Growing public knowledge of the advantages of natural complementary and alternative medicine propels the sector worldwide. However, most complementary and alternative medicine practices are less efficient and lack regulatory licensing, which is anticipated to impede the expansion of the industry.

Get a Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.fnfresearch.com/sample/complementary-and-alternative-medicine-market

Our Free Sample Report Includes:

  • As per the analysis shared by our research analyst, the global complementary and alternative medicine market value is to grow at a CAGR of 21.3 % over the forecast period.

  • In terms of revenue, the global complementary and alternative medicine market size was valued at around USD 83.2 billion in 2021 and is projected to reach USD 265.0 billion by 2028.

  • The prevalence of long-term conditions that require specialized treatment, such as cancer and neurological problems, and increased awareness of physical well-being is driving the complementary and alternative medicine market.

  • By intervention, the traditional alternative medicine/botanicals category dominated the market in 2021.

  • By distribution method, the direct sales category dominated the market in 2021.

  • Europe dominated the global complementary and alternative medicine market in 2021.

Facts and Factors published the latest report titled “Complementary and Alternative Medicine Market Size, Share, Growth Analysis Report By Intervention (Traditional Alternative Medicine/Botanicals, Mind Healing, Body Healing, External Energy, Sensory Healing), By Distribution Method (Direct Sales, E-sales, Distance Correspondence), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028into their research database.

Industry Dynamics:

Complementary and Alternative Medicine Market: Growth Drivers

Herbal remedies, homeopathic remedies, massage treatment, acupuncture, and chiropractic care are all examples of complementary and alternative medicine. Numerous illnesses, including pain, exhaustion, cancer, and nausea, are greatly treated by complementary and alternative medicine. The global complementary and alternative medicine market is expanding due to consumers’ increasing knowledge of natural remedies. The comfort and reduced stress linked to complementary and alternative medicine are anticipated to increase the demand for CAM globally. The use of CAM in the diagnosis and treatment of many medical conditions is growing.

Complementary and Alternative Medicine Market: Restraints

The high cost of the drug will restrain the market’s expansion rate. The global complementary and alternative medicine market

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Complementary and Alternative Medicine Market to Experience Substantial Growth of USD 477.29 Billion by 2029, Size, Share, Growth Rate, Demand, Opportunities and Competitive Landscape

NEW YORK, Dec. 22, 2022 /PRNewswire/ — Data Bridge Market Research has recently published a Report, titled, “Complementary and Alternative Medicine Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This Complementary and Alternative Medicine report proves to be a finest and excellent market report as it is generated with the myriad of critical factors. To put marketplace clearly into the focus, most up to date market insights and analysis has been offered via this report. The market data presented in the report helps to recognize different market opportunities present internationally. Complementary and Alternative Medicine report is also useful when launching a new product or expanding the business regionally or globally. Moreover, it considers both qualitative and quantitative techniques of market analysis where focus groups or in-depth interviews and customer survey or analysis of secondary data has been carried out respectively.

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Data Bridge Market Research analyses that the complementary and alternative medicine market was valued at USD 100.04 billion in 2021 and is expected to reach USD 477.29 billion by 2029, registering a CAGR of 21.57% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Download Sample Copy of Complementary and Alternative Medicine Market @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-complementary-and-alternative-medicine-market

Market Overview:

Medical products and practices that are not considered a part of traditional or mainstream medical therapy are referred to as complementary and alternative medicine (CAM). It combines self-administered items and activities, including homoeopathic remedies, herbal medications, dietary supplements, yoga, chiropractic, acupuncture, and massage therapy. Manipulative and body-based therapies, biofield therapy, and entire medical systems are all included.

In recent years, the complementary and alternative medicine market is anticipated to grow rapidly during the forecast period. Approximately two-thirds of the population in most industrialized and developing nations has reported using alternative or complementary medicine. Several countries are moving toward the legalisation of alternative medicine and therapies that are substantiated by clinical evidence. Complementary and alternative therapies are utilized to treat chronic illnesses, long-term discomfort, and supplementary vitamins and food supplementation in addition to a conventional diet.

Opportunities for Players:

Moreover, the market’s growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the complementary and alternative medicine market growth. Along with this, rising drug approvals and launches will further propel the market’s growth rate.

The market has grown substantially as a result of new product introductions in response to increased demand for treatments and continual innovation. For instance, Optum had purchased DaVita Medical Group in 2019. This purchase is towards the development of Novel therapies that children may administer and that can assist physicians, health professionals, physical therapists, and chiropractors. Furthermore, nearly two-thirds of the population in most industrialized and developing nations reported utilizing some type of alternative or complementary treatment as

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Complementary and Alternative Medicine Market to Reach $437.9 Billion, Globally, by 2031 at 15.6% CAGR: Allied Market Research

Rise in prevalence of various chronic diseases such as cancer and cardiovascular diseases drives the growth of the global complementary and alternative medicine market.

PORTLAND, Ore., Aug. 26, 2022 /PRNewswire/ — Allied Market Research published a report, titled, Complementary and Alternative Medicine Market by Type (Medicines, Therapy), by Disease Indication (Diabetes, Cardiovascular, Neurology, Cancer, Arthritis, Others), by Distribution Channels (Direct Sales, Online Sales, Distance Correspondence): Global Opportunity Analysis and Industry Forecast, 2021–2031.” According to the report, the global complementary and alternative medicine industry generated $102.0 billion in 2021, and is estimated to reach $437.9 billion by 2031, witnessing a CAGR of 15.6% from 2022 to 2031.

Drivers, Restraints, and Opportunities

Rise in prevalence of various chronic diseases such as cancer and cardiovascular diseases and surge in popularity of complementary and alternative medicines & therapies along with rise in costs of traditional medicines and their side effects drive the growth of the global complementary and alternative medicine market. However, side effects associated with self-medication restrain the market growth. On the other hand, rise in adoption of strategies such as collaborations, mergers, and acquisitions by leading players create new opportunities in the coming years.

Download Sample Report- https://www.alliedmarketresearch.com/request-sample/11547

Impact of Covid-19 on Complementary and Alternative Medicine Market Scenario-

  • Owing to the surge in COVID-19 infection worldwide and lack of availability of therapeutics for treatment against COVID-19, people turned toward complementary and alternative medicines as preventive measures and treatments.
  • According to the research published by Mahlagha Dehghan et. al. in January 2022, nearly 84% of the participants of the survey reported usage of one of the complementary and alternative medicines (CAMs) during the COVID-19 pandemic in Iran.
  • Adoption of yoga and meditation experienced a sharp rise during the pandemic due to closure of fitness centers, gyms, swimming pools, and sports stadiums with lockdown restrictions in place. So, people began therapies and exercising at home. This, in turn, led to the growth of the global complementary and alternative medicine market.
  • Surge in online classes and sessions that offer beginner and advanced courses related to alternative therapies such as yoga, aerobics, and meditation impacted the market positively during the pandemic.

Get detailed COVID-19 impact analysis on the Complementary and Alternative Medicine Market- https://www.alliedmarketresearch.com/request-for-customization/11547?reqfor=covid

The medicines segment to maintain its leadership status during the forecast period

Based on type, the medicines segment accounted for the highest market share in 2021, contributing to nearly two-thirds of the global complementary and alternative medicine market, and is estimated to maintain its leadership status during the forecast period. Moreover, this segment is estimated to witness the highest CAGR of 15.9% from 2022 to 2031. This is due to surge in prevalence of chronic and autoimmune disorders and increase in the adoption of natural remedies such as Ayurvedic medicines and herbal supplements. The report also analyzes the therapy segment.

The diabetes segment to maintain its dominant share during the forecast period

Based on disease indication, the diabetes segment contributed to the largest market share in 2021, accounting

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U.S. Dental Services Market 2022: Forecast & Market Share Analysis Examines the $50 Billion Market

DUBLIN, May 09, 2022–(BUSINESS WIRE)–The “Dental Services Market Research Report by Services Type (Cosmetic Dentistry, Dental Implants, and Dentures), End User, State – United States Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The United States Dental Services Market size was estimated at USD 47.16 billion in 2021, USD 50.42 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.32% to reach USD 72.09 billion by 2027.

Market Statistics:

The report provides market sizing and forecast across five major currencies – USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

Market Segmentation & Coverage:

This research report categorizes the Dental Services to forecast the revenues and analyze the trends in each of the following sub-markets:

  • Based on Services Type, the market was studied across Cosmetic Dentistry, Dental Implants, Dentures, Laser Dentistry, Oral & Maxillofacial Surgery, Orthodontics, Periodontics, Root Canal or Endodontics, and Smile Makeover.

  • Based on End User, the market was studied across Dental Clinics and Hospitals.

  • Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Dental Services Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market

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