Wednesday, July 18, 2018

Sweden Telemedicine Market is Driven By Increase in the Number of Medical Applications, Rise in the Geriatric Population and Increasing Shortage of Nurses and Hospital Beds: Ken Research Analysis


Rise in the number of general practitioners, rise in the migration of domestically trained doctors, rise in geriatric population, rise in number of smartphone users and increasing coverage of government or social health expenditure insurance will be the key factors driving revenue growth in Sweden Telemedicine Market.


Telemedicine companies in Sweden are currently offering a limited number of medical applications, with major focus on tele consultation. Some already established companies have started providing Tele Psychology service to cater to needs of mental healthcare of the people. Tele Assistance is another growing medical application. Tele Assistance service was earlier provided by very few companies. As the elderly population of Sweden has grown, the demand for Tele Assistance has also increased which has paved the way for new start-ups to enter in Tele Assistance service practice. Expansive use of Tele pathology to reach expert pathologists remotely has driven the demand for this particular application.

The geriatric population of Sweden has increased strongly since 2012. Elderly people require frequent medical care and it is difficult for them to commute to hospitals that often. Thus, the demand for providing the medical care facility at their home has increased. Moreover, the elderly demand Tele Assistance and Tele psychology.

Sweden has faced an acute shortage of nurses and with approximately 70% of the nurses reaching their retirement age in the coming decade will further aggravate this shortage. Due to a shortage of nursing staff, hospitals find it difficult to provide medical care to the patients who visit the hospital. Due to shortage of nurses, patients are not able to receive the medical care they need or they have to wait a lot to receive medical treatment. To overcome this problem, hospitals have started to use Telemedicine service. Therefore, hospitals have started referring their patients to the Telemedicine companies like KRY, My Doctor and others for primary care services and as an alternate source of medical care to reduce the burden on emergency rooms and patient’s waiting time in the hospitals.

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Sweden Telemedicine Market Outlook to 2022-Ken Research


The report titled Sweden Telemedicine Market Outlook to 2022 – By Technology (Software and Hardware) and By Services (Service Platform-Tele Hospitals & Clinics, Tele Home and M-Health and By Clinical Application -Tele Consultation, Tele Radiology, Tele Assistance, Tele Pathology, Tele Psychology and Others) provides a comprehensive analysis of the status of telemedicine services and technology market in Sweden. The report focuses on telemedicine services market by Clinical application (Tele Consultation, Tele radiology, Tele Assistance, Tele Pathology, Tele Psychology and Others), by service platform (Tele Hospitals and Clinics, Tele Home and M-Health). The report also covers the overall competitive landscape of major Telemedicine companies including (KRY, My Doctor, Doktor.se, Telemedicine Clinic, Ortivus and other); government role and regulations, value chain analysis, growth drivers, trends and developments. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions.
The report is useful for telemedicine service centers, telemedicine hardware manufacturers, telemedicine software developers, hardware distributors, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Sweden Telemedicine Market Size and Overview
In terms of revenue, the Telemedicine market within Sweden has registered a steady growth trajectory witnessing a positive CAGR in last five years (2012-2017). Growth was majorly due to entry of new players, increase in the elderly population and acute shortage of nursing and hospital beds in Swedish hospitals. In terms of value, Sweden Telemedicine market size has increased by more than 80% in terms of revenue from 2012 to 2017.

Moreover, owing to the increased awareness regarding telemedicine services, increased product innovation in the market, expanding services portfolios of major players and aggressive marketing & sales strategies have helped the market to grow and expand during the review period.

Sweden Telemedicine Market Segmentation
Technology and Services: Services have continued to dominate the revenue share of telemedicine market since 2012. However, the share of services has been declining relative to technology. Services accumulated more than double the share of technology in 2017.

By Services: It was witnessed that in the market segment by service platform, Tele-Hospitals and Clinics have dominated the market size since 2012; however its share in the revenue has fallen relative to Tele-Home and M-Health in 2017. By Clinical applications, Tele Consultation and Tele Radiology have acquired equal share in 2017, however, Tele radiology has dominated the market since 2012. The share of tele assistance has increased from 2012-2017 but at a very slow pace. Tele Pathology and Tele Psychology constitutes the lowest share in the market. Other clinical applications such telepsychology, teleneurology, telemonitoring have contributed the remaining share.

By Technology: Amongst telemedicine technology, telemedicine market has been dominated by revenue generated through software by almost more than double. Major services are extended through cloud based delivery model.

Comparative Landscape in Sweden Telemedicine Market
In Sweden, there are 10-12 Telemedicine centers. The market has largely been fragmented due to the fact that all major telemedicine centers provide varied type of services. However, there is no major center dominating the market share in the country. Major players include KRY, My Doctor, Doktor.se, Doktor24, DocOnNet and Telemedicine Clinic. Philips Healthcare, Polycom and Ortivus. Ortivus, Polycom and Philips Healthcare are the major ICT and Hardware providers in the Telemedicine Market in Sweden.

Sweden Telemedicine Market Future Outlook and Projections
Sweden Telemedicine Market has been anticipated to showcase a sound growth at a CAGR of close to 12% during the forecast period of 2017-2022. The growth during this period is expected to be supported by growing elderly population, increasing shortage of nursing staff and hospital beds, increasing number of smartphone users, increasing number of general practitioners and expansion in the number of clinical applications of telemedicine services in Sweden.

Key Topics Covered in the Report:
·         Executive Summary
·         Research Methodology
·         Sweden Telemedicine Market Overview and Genesis
·         Value Chain Analysis
·         Issues And Challenges
·         Trends and Developments
·         Sweden Telemedicine Market size by Revenue
·         Sweden Telemedicine Market Segmentation By Services and Technology
·         Government Regulations and Initiatives
·         Competitive Landscape
·         Company Profiles of Major Players
·         Analyst Recommendation
·         Future Outlook and Projections
·         Macro Economic Indicators & Analysis

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Oman Cold Chain Market is Driven by Rising Demand and Change in the Government Economic Policies resulting in Huge Requirement for the Development of Cold Storage Facilities: Ken Research


The report titled Oman Cold Chain Market Outlook to 2022 - By Type (Cold Storage and Cold Transport); By End-user Industries (Meat and Seafood, Poultry and Eggs, Confectionaries and Others); By Entity (Logistics Owned and 3PL) by Ken Research suggested a positive CAGR of 11.4% in terms of total revenue of the Oman cold chain logistics market in the next 5 years till 2022.
Most of the food manufacturers and importers in Oman demand cold storage facilities from the contractors owing to cost concerns, consumer preferences and to avoid the complexities involved in the product handling, management and storage.
There has been increase in the cold storage capacity by increase in the number of cold storage pallets and cold transport infrastructure by companies to cater to rising demand in Cold Storage facilities.          
Omani government decision to diversify the economy of the country to reduce its huge dependence on oil money has led them to earmark Logistics as key industry. This is majorly to leverage the geographical advantage of Oman as the entry gate of GCC. With this huge investment in logistics infrastructure, Oman will be the entry point of all major goods entering into GCC especially the food import. The cold storage facilities are maximum utilized by meat and seafood importing and exporting companies, followed by Poultry and Eggs. Confectionaries also contribute to a major portion of the usage percentage of the existing facilities. Increase in the number of supermarkets and restaurant have triggered the demand for cold storage and transport systems to keep the products fresh and maintain their quality. There has been a rise in ‘just in time’ inventory systems utilized by various companies to meet the demand for different products such as meat, fisheries and agricultural and food products.
Rise in E-commerce and the growing tech savvy population has triggered the online ordering of food which has enhanced the demand for cold storage systems as various foods and drinks require cold storage. The capacity of Oman Cold chain industry has increased over the years. With the rise in food and pharmaceutical imports in the future the demand for cold storage facilities in Oman is further going to peak up. Major players in the cold chain logistics are preparing for this expected increase in demand by expanding their capacity.
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Evolution in Industrialization to Drive Compression Load Cell Industry in Asia: Ken Research

Technically, a load works as a transducer that is used to converts force or weight into equivalent electrical signals. Load is an immensely accurate device used to measures weight or force for a various different applications such as compression, tension, bending, or shear forces. The load cell device is designed such that it is stressed when a force is applied due to its strain gauge technology. This technology is a well established technology and metal foils are used to manufacture strain gauges. Under a normal regulated voltage when the load, stress is applied, an equivalent electrical output signal proportional to the force or strain is displayed. Such electrical output signal requires amplification before directly displaying the results of stress. There are many types of load cells available and are used in various applications such as compression load cell.

Compression load cell is designed for measuring pressure or pushing force or compression. It is a block designed to hold a load at a point in order to measure the compressions. Compression load cell placed beneath the object where the pushing force is measured. This device is ideal for general weighting applications, in vessel and silo weighting. Compression load cells measurement capacities ranges from 50kg to 5 tons with accuracy up to +/- 0.1%

According to the study “Asia Compression Load Cell Industry Situation and Prospects Research Report”, the increasing investment in industrial automation technologies, use of compression load cells in automotive assembly lines, logistics and R&D applications has led to a huge demand for compression load cells in Asian countries. Advanced technology such as wireless and innovative software features has led to installation of digital compression load cells in various required locations. Advanced technology in compression load cells need specialized applications to display precision signals that would accelerate the compression load cell market. Furthermore, the increase cost of raw materials and rising regulatory obligations for high quality industry rated materials is increasing the cost of various production process that hinder the growth of compression load cell market.

Asia compression load cells market is segmented based on technology such as analog and digital. On the basis of type, Asia’s compression load cells market is categorized into S beam load cell, Z beam load cell, column load cell, annular load cell, force washer load cell and others. Compression load cells are utilized in agriculture equipment, oil and gas industry, aerospace & defense, automotive, retail, healthcare and bulk material handling. The leading players in Asia’s compression load cells market are ZEMIC, Spectris, Vishay Precision Group, Mettler Toledo, MinebeaMitsumi Inc., Keli Electric Manufacturing (Ningbo) Co., Ltd., A&D, Measurement Specialists and National Scale Technology, PCB Piezotronics, Inc., Flintec, Honeywell, FUTEK Advanced Sensor Technology, Inc., Yamato Scale Co., Ltd., Interface, Inc., Kubota, Rice Lake Weighing Systems, Novatech Measurements Limited and Thames Side Sensors Ltd, and LAUMAS Elettronica. All the leading vendors are increasingly focusing on creating strong brand names, offering well-established products, and exhibit long-term reliability. Various product types in compression load cells are pedal force type, high capacity type, load button type and others. Geographically, Asia compression load cells market is spread across China, Japan, India, South Korea, Saudi Arabia, India and other regions.

Compression load cells account for the largest market share due rapid industrialization in Asian economies where there is an increasing demand for industrial weighting equipment and almost all the manufacturing firms are installing more automated systems for better results. The increasing use of sensors in industrial and commercial electronic devices has led to an increase in demand for compression load cells in Asian markets and this trend will continue over the next few years.

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China Pigments Market Outlook to 2022: Ken Research

The report titled “China Pigments Market Outlook to 2022 - By Applications (Paints & Coatings, Plastics, Printing Inks, Construction, Others), By Organic Pigments (Azo Yellow, Red, Blue, Orange; Phthalocyanine Blue and Green, HPP Red, Yellow and Orange), Inorganic Pigments (Titanium Oxide, Iron Oxide, Chrome Oxide, Others)” provides a comprehensive analysis of organic and inorganic pigments market in China. The report focuses on overall market size, pigments market segmentation by market structure (unorganized and organized market), by product type (organic and inorganic), by application (Paints & coatings, Plastics, Printing Inks, Construction and Others), by export and domestic sales. The report also covers the overall competitive landscape of major companies such as JECO Group, Lomon Billions, Penglai Xinguang Pigment Chemical Co. Ltd., Jufa Pigments, Lily Group Co. Ltd., Yabang Pigments, Zhejiang Huayuan Pigment Co., Ltd., Changzhou North American Chemical Group, Sunlour Pigment Co., Ltd., Yippin Pigments, Jiangsu Taibai Group Co. Ltd, Longkou Union Chemical Company, Wenzhou Jinyuan Chemicals Co., Ltd, Hunan Guani Pigment Co., Ltd and others. The report concludes with market projection for future for pigments market and analyst recommendations highlighting the major opportunities and cautions for overall China pigments market.
China Pigments Market Size
The China pigment industry has witnessed a positive CAGR over the review period 2012-2017 owing to high usage of pigments in several end-user industries such as paints and coatings, plastics and construction. In China, best selling inorganic pigments include carbon black pigment and titanium dioxide, which is majorly used in paints and process of plastics. With stricter environmental regulations more companies such as Jufa Pigment are focusing on research and development, production and sales of new environment-friendly inorganic pigment.
China Pigments Market Segmentation
China pigment industry is dominated by organized players which focus on high performance pigments, and adoption of green methods of production. Since the products manufactured are exported to developed countries such as USA, UK and others, the manufacturers focus mainly on producing high quality pigments. The inorganic pigments have dominated China pigments industry with more than half of revenue share in the year 2017. Amongst the inorganic pigment segment, titanium oxide remains the most demand pigment type in China by revenues and is primarily used in paints and coatings industry whereas, pigments such as iron oxide, chrome oxide are also in demand. Organic pigments was majorly dominated by Azo pigments were observed to be on top by capturing more than half of the organic pigments market. Phthalocyanine pigments and high performance pigments were other important pigments. The paint and coatings segment dominated the China pigment industry. Applications such as plastics, printing inks and construction are other major end users.
Comparative Landscape in China Pigments Market
The pigment market is dominated by inorganic manufacturers but with the implementation of various environmental regulations, the market is moving towards production of high performance organic pigments. Major players in the industry have undertaken expansion strategies and undergone restructuring their supply chain processes to adapt to the environmental regulations and increased investment in sewage treatment plants. Major players such as Lily group have increased their production capacity due to increased demand from foreign countries and increase in demand from end users for high quality pigments. For instance, Lomon Billions plans to undertake organic expansion by increasing its production capacity to 1.3 million tons by mid 2020. Major competition parameters include product portfolio, quality, integrated manufacturing process, pricing, technology and end users served. Other major players in the market include Lomon Billions, Yabang pigments, Lily Group, JECO Group, and others.
China Pigments Market Future Outlook and Projections
The growth will be facilitated by growing investment in manufacturing process and product development in terms of color fastness, reduce fiber damage, reduce energy consumption, increase productivity and reduce environmental pollution.
The growth of pigments sector in the future will be highly dependent upon the performance of end-user applications such as printing inks, paper, plastics, foodstuff and others. China pigments market is expected to register a positive growth rate growing at a CAGR of approximately 6.3% in the forecasted year 2017-2022E. The pigment market will witness increased investment in high performance organic pigments as major end users demand for high end pigments increase.
Key Topics Covered in the Report
Overview of Global Chemical Industry
Value Chain Analysis in China Pigments Market
Cross Comparison of China Pigments Market with India Pigments Market
China Pigments Market Size
China Pigments Market Segmentation by Market Structure, By Export and Domestic Sales, By Applications and By Product Type
Pricing Analysis in China Pigments Market
China Pigments Market Future Outlook and Projections
Comparative Landscape in China Pigments Market
Parameters for Competing in China Pigments Market
Cross Comparison of Major Players Operating in China Pigments Market
China Pigments Market Heat Map
Company Profiles of Major Players Operating in China Pigments Market
Mergers and Acquisitions in China Pigments Market
PESTEL Analysis in China Pigments Market
Trends and Developments in China Pigments Market
Trade Scenario in China Pigments Market
Regulatory Landscape in China Pigments Market
Analyst Recommendations
Products Covered:
Organic Pigments (Azo Yellow, Red, Blue, Orange; Phthalocyanine Blue and Green, HPP Red, Yellow and Orange)
Inorganic Pigments (Titanium Oxide, Iron Oxide, Chrome Oxide, Others)
By Applications (Paints & Coatings, Plastics, Printing Inks, Construction, Others)
Companies Covered:
JECO Group
Jufa Pigments
Lomon Billions
Penglai Xinguang Pigment Chemical
Lilly Group
CNNC Huayuan Titanium Dioxide
Yabang Pigments
Zhejiang Huayuan Pigment Co., Ltd.
Changzhou North American Chemical Group
Sunlour Pigment Co., Ltd.
Yippin Pigments
Jiangsu Taibai Group Co. Ltd
Longkou Union Chemical Company
Wenzhou Jinyuan Chemiclas Co., Ltd
Hunan Guani Pigment Co., Ltd
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Ankur Gupta, Head Marketing & Communications
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