Thursday, January 3, 2019

Executive education Market Research Reports : Ken Research


According to Executive Education Market Research Reports, it is stated that there are several key players which are recently functioning in this market more actively for dominating the huge market share across the globe by adopting the effective market strategies and policies for improving the techniques of providing executive education includes Management Development Institute, Indian institute of Management, Indian School of business, National Institute of Financial Management, Harvard Business School, National HRD Network, Jaro Education, Onyx Education, Modi Academic International Institution, Columbia Business School, Kellogg School of Management, University of Chicago Booth School of Business, Stephen M. Ross School of Business and Baruch College and several others. Moreover, the key players of this market are working effectively for removing the restraints from the market which become beneficial for leading the highest market growth across the globe. Not only has this, the key players of this market are investigating and studying the policies and strategies of competitors and government for ruling smoothly across the globe and attaining the highest amount of share globally.
The Online Executive Education Market Research Reports is that term which refers to an academic programs at graduate-level business schools around the globe for the functional managers, business leaders and executives. Whereas, the executive education programs of short time incline to aim on specific role or markets, or on improving specific leadership skills which involves communications, persuasion, negotiation, and teambuilding. The market players of this are doing an effective developments in the technology for leading the fastest market growth in the short span of time. With the attractive developments in the technology and extensive application of ICT in the education sector, the online executive education sector in India has experienced an effective growth during the forecasted period. Whereas, many other nations are also doing an effective job for attaining the highest market share across the globe. Therefore, the market of executive education will increase more effectively across the globe during the forecasted period.
Additionally, the need for executive education has chucked with the integration and economic development with the regions around the globe. The executive education market is a brand modified market and for this reason clients have anticipated the branded documentations which would help them in the development and effective transformation in their career. Meanwhile, on the basis of type of courses, the global market of executive education is segmented into finance and strategy, women and leadership, marketing and several others. In addition, the sector of finance and strategy programs involve analyzing, driving corporate performance and several others whereas, the program of women and leadership includes strategy, communication, negotiation, leadership and several others.
Furthermore, geographically, with the significant functioning of the key players and effective applications of the executive education, the market of executive education is spread across the globe. However, the developed regions are effectively dominating the highest market share across the globe while, the underdeveloped regions are making changes in the techniques of providing services. Therefore, in the near future, it is expected that the market of executive education will grow more significantly across the globe over the recent few years.
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Increase in Demand of Technology to Drive the 3D Printing for Healthcare Industry in the Asia Pacific Region: Ken Research

3D printing is defined as a computerized or automated process for manufacturing medical devices, prototypes and implants. It exploits a layer-by-layer accumulation technique to produce substantial objects from a three-dimensional digital file, also known as additive manufacturing. It helps surgeons to improve the success rate of dense procedures. Additionally, this technology has transformed preclinical drug testing by facilitating testing on 3D printed organs.
Some components of the 3D printer are a nozzle, power supply, threaded rods or lead screws, enclosure, idler gear, bed leveling, user interface, thermistor, filament, frame, motherboard, hobbed gear, stepper drivers, extruder, layer cooling fan, and stepper motors etc.
According to study, “Asia-Pacific 3D Printing in Healthcare Market (2018-2023)” some of the major companies that are currently working in the Asia-Pacific 3D printing in healthcare market are Stratasys Ltd., Renishaw, KCbots, Imaginarium, JGroup Robotics, Brahma 3, Altem Technologies, Organovo, Formlabs, Cellink.
On the basis of type, the 3D printing in the healthcare market is segmented into implants, hearing aid, prosthetics and surgical guides. On the basis of material, the market is segmented into metal & alloys, polymers, biological cells and ceramic etc. Metal & alloys are further sub-segmented into titanium, silver, steel, and gold. A polymer is sub-segmented into epoxy resins, nylon and glass filled polyamide. On the basis of technology, the market is segmented into electron beam melting (EBM), stereolithography, deposition modeling, laser beam melting (LBM), droplet deposition, jetting technology, photopolymerization and laminated object manufacturing etc. In addition, on the basis of application, the market is segmented into prosthetics, tissue engineering, medical implants, and wearable devices and many others.
The Asia-Pacific 3D printing healthcare market is driven by factors such as increasing technological advancements, increasing disposable income, increasing dental laboratories& hearing aid manufacturers, increasing scope of bioengineering products, rising demand for patient-centric products in orthopedics &maxillofacial surgery, the reduction in the costs of 3D models and the availability of a range of material options such as nylon, polymers, etc.
Some of the major advantages include complex shape, rapid prototyping, and easy to use, clean process and reduce design complexity. Some disadvantages are a slow process, being expensive. Additionally, some of the major challenges include the high cost of 3D printed organs & tissue, lack of regulatory issues and trained professionals.
The National Additive Manufacturing Innovation Cluster (NAMIC) is a pan-national initiative of Singapore. The main aim of this initiative is to increase the adoption of additive manufacturing technologies to improve competitiveness in the fast developing landscape of digital industrialization. The China Food and Drug Administration (CFDA) is a government regulatory authority in China, which provides specific requirements for validation of additive manufacturing products of 3D printing medical devices.
South Korea, Singapore, Japan, and China are some countries of this region, which are accountable for driving the 3D printing in the healthcare industry due to an increasing focus on bio-printing. Additionally, Japan and India, along with China, have privileged potential because of importance on 3D printing of orthopedic tackle, which provides to the augmented demand from the aged population.
It is estimated that Asia-Pacific 3D printing in the healthcare market will reach at US$ 0.59 billion by 2023.
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Enhanced Landscape Of Technologies In The Asia Pacific Car Rental Market Outlook : Ken Research


According to the report analysis, ‘Car Rental market Research Reportsstates that in the recent trend the car rental industry is undergoing with the significant changes from the numerous factors such as developed consumer experience and new developed technologies. Additionally, the concern is increasing related to the global warming which is having major impact on the car rental industry. The technologies in the Asia Pacific car rental market is playing significant role and this technological development transform the industry of car rental. The various car rental companies are serving mobile and tablet technology that turned up the market at a digital stage and eliminate administrative bottleneck at rental space. Moreover, the development and current scenario in the technology reflect the significant growth in the near future of the Asia Pacific car rental market. Furthermore, the key leading players of the car rental market are doing effective job for enhancing the applications of technologies such as IoT, GPS technology, and others.
Undoubtedly, the car rental industry is a multibillion dollar market around the world as this market have signify that they are now not only utilizing to serve access to supervision but rather have to hub on potential solutions. Additionally, more efficient technologies in the Asia Pacific car rental market has been pledging to build rental choices that will appeal to a customer with an environmental conscience. Many key players who are initiatively transforming the way of utilizing the Asia Pacific car rental industry to meet the needs of the ever-growing environmentally friendly industry. According to report analysis, ‘CAR Hire Market Analysis’ states that the Asia Pacific is dominating the industry of car rental market as the ASIAN key players are doing significant job with the IoT, GPS technology and several others such as AVIS, HERTZ and others. Meanwhile, the working of key players will lead to market growth more effectively. The introduction of IoT in this market eliminate the traditional manner of booking car and reduce the time as in the earlier times while doing booking consumer have to wait in line for hours. Moreover, the significant increase in the urbanization and digitalization the usage of advanced technology is growing in the Asia pacific car rental market whereas the digitalization fueling the car rental industry more significantly in an effective manner in this region.
Asia Pacific region is having the significant share in the technologies of the car rental industry with the growing urbanization and digitalization and in the forecasted period it is predict that with the more transformation in the technology will operating high revenue. The AVIS service is more accessible in a various Asia Pacific countries, including China, Japan and India. Moreover, the IKEA and Costo are another major leading players in the Asia pacific car rental industry and make the market more competitive and attractive, which can attract numerous investors in the car rental market across the globe. Therefore, in the coming years it is expected that with the more development in the technologies of Asia Pacific car rental, market will grow more significantly over the decades.
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Growing Landscape Of The Self-Driving Car In Europe Market Outlook: Ken Research


According to the report analysis, ‘Europe Self-driving Car Market (2018-2024)’ it is stated that some of the major key players for dominating the huge market share are working more significantly in Europe by doing developments and innovations for gaining profit more extensively includes Apple, Microsoft, IBM, Volvo, Nissan, Bosch and several others. With the effective working of the key players the international key players are willing to come for gaining higher return on their investment which makes the market more competitive and fruitful for both the key player and user. It is expected that the 90% crashes would reduce with the introduction of self-driving cars. The market of self-driving car in Europe is expected to grow at a CAGR of 49.9%, foremost to global revenue of USD 38.51 Billion by 2024.
A self-driving car is also known as an autonomous car, a robotic car or a car in which requirement of a driver not compulsory. Whereas, the self-driving car is a combination of radar sensor, cameras, artificial intelligence and GPS system for travelling between destinations without the requirement of any human drivers. Moreover, the self-driving car market in Europe is further divided based on applications, automation and technology components. The sector of applications is also split into personal use and commercial use. However, major portion of the self-driving cars on the road are owned for personal usage. 'Robo taxi' i.e. the self-driving taxi is predictable to take over the transportation system. It would help to decrease buying cost and preservation cost. It is supposed to improve the share riding conception. Furthermore, the key players of this market are playing an important role for dominating the huge market share in Europe by doing significant developments in the specifications of the technology which become profitable for leading the fastest market growth in the near future.
Based on the regions, the market of self-driving car is divided into EU5 and rest of EU5. The EU5 would shelter with the uppermost market share because countries such as U.K. and France are succeeding with self-driving cars. Moreover, on the basis of automation, the self-driving automation levels are characterized into semi-autonomous and full autonomous technology. However, semi-autonomous cars are governing the automation sector. Fully autonomous operated vehicles are still a long way to be established on the roads. European automakers are employed on the introducing of semi-automation cars. Companies like Google, Audi and BMW are pursuing its autonomous analysis to handle security challenges.
Feature that may confine the acceptance of self-driving cars is lack of skill; limit the data protection regulation set by the European Union. For instance, by 2035, it is anticipated that there would be 25% of self-driving car dissemination in this region. The countries would not observe a fully automated vehicle but would operate lots of manual cars with computerized features. Therefore, in the near future, it is expected that the market of self-driving car in Europe will grow more significantly with an effective development and investment by the focused key players.
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Wednesday, January 2, 2019

Growing Landscape of the Asia Pacific Advanced Driver Assistance System Market Outlook: Ken Research

Advanced driver assistance systems are that systems which support, complement, or substitute the driver of a vehicle. Such systems support the drivers to avoid collisions and crashes. Moreover, it is a combination of systems that are used in vehicles to serve an intelligent and contented operating experience. They use cameras and radar to support the drivers by serving real-time knowledge about the environments. Furthermore, the ADAS is permitting the way towards autonomous vehicles. In the Asia-Pacific region the market of ADAs is projected to observe a substantial and speedy growth over the next decade because of the numerous improvements in its main economies, especially the market in China. The market of ADAS in Asia Pacific region is divided into three primary sector based on sensor, vehicle and components. Not only has this, on the basis of sensors, the market is split into radar, image and other sensors such as infrared, laser sensors and ultrasonic while, based on the vehicle it is divided into passenger and commercial vehicles. With the attractive applications and classifications, the market of advanced driver assistance systems will rise more actively during the reviewed period in the Asia Pacific region.

According to the report analysis, ‘Asia-Pacific Advanced Driver Assistance Systems (ADAS) Market (2018-2023)’ states that some of the major key players which are presently functioning in this market with the support of new and innovated equipment for attaining the huge market share in Asia Pacific region includes Continental AG, Autoliv Inc., Delphi Technologies, Bosch, BMW AG, Aisin Seiko Co., Denso Corporation, Magna International, Ford Motor Company and several others. Moreover, combination of systems are the profound of next-generation automotive electronic protection systems and autonomous cars. A vehicle's ADAS can perceive objects, alert the driver of dangerous circumstances or impending danger. The Asia-Pacific ADAS market is anticipated to reach USD 9.69 Billion by 2023 with a CAGR of 28.6% during the period of 2018-2023. Furthermore, on the basis of components, the market of ADAS is divided into blind spot detection (BSD), adaptive cruise control (ACC), autonomous emergency braking (AEB), tire pressure monitoring (TPM), lane departure warning (LDW) and several others such as forward collision warning, head-up display, driver monitoring systems and few more.

In China, not every ADAS technology will observe a significant growth in the near future. Some systems such as night vision, driver monitoring, multi-view systems, intelligent speed adaptation and night vision are predicted to display nonaggressive growth in the near future. Whereas, the implementation of ADAS applications such as ACC, BSD, LDW and night vision are prominent to decrease in the number of crashes. The increasing requirement for a safe dynamic environment has led to the ultimatum for comfort driving among people. Increasing per capita income and government protection guidelines are also underwriting to the growth of the safety systems in the automotive industry. Therefore, in the near future, it is expected that the market of advanced driver assistance system will rise more actively over the recent few years with the significant investment by the new investors for more developments in the technology.

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Rising Digital Economy with Need of Fast Data Transmission to Drive the 5G Market in India: Ken Research


5G or fifth generation is an imminent standard for mobile telecommunications service to facilitate guarantees to be much faster than today's 4G technology. It is an inclusive wireless communication. It supports effective private network. It can facilitate real-time database access, remote medical assistance, video imagery surveillance and remote monitoring for safer living. It is classified as Subscriber Identity Module (SIM) machine-to- machine (M2M) cellular connections and SIM cellular connections. Both are further segmented into 5G data traffic and data per user. Some of the essential features associated with 5G technology are reduced latency, high data rate, energy saving, higher system capacity, less traffic, cost reduction and massive device connectivity.

According to study, “India 5G Market (2018-2025)” some of the major companies that are currently working in the India 5G market are Airtel, BSNL, Reliance, Vodafone, Idea. These vendors are focusing on growing 5G with extremely developed features and functions, which provide an enhanced digital experience.

On the basis of type, the 5G market is segmented into Network functions virtualization (NFV), Software Defined Networking (SDN) and Multi-access Edge Computing (MEC). On the basis of usability, the market is segmented into mission critical services, enhanced mobile broadband massive machine type communication (MTC) and ultra reliable MTC. On the basis of networking infrastructure, the market is segmented into small cells, macro cells and others.

On the basis of technology, the market is segmented into global system for mobile (GSM), Wi-Fi, worldwide interoperability for microwave access (WiMAX) and high speed package access (HSPA). In addition, on the basis of application, the market is segmented into smart cities, smart farming, smart home, retail, public safety & surveillance, consumer electronics, energy & utilities, industrial IOT and autonomous driving etc.

It is now realized that the 5G technologies will be helpful in creating employment, increasing gross domestic product (GDP) and digitizing the economy. Some of the benefits associated with 5G use are effective & attractive, high capacity, high connectivity speed (25 Mbps), faster data transmission, large broadcasting of data, interactive multimedia (voice, internet and streaming video) and large phone memory etc.

The market of India 5G is primarily driven by increasing adoption of 5G, continuous evolution towards enhanced bandwidth, low cost, enhanced security, increasing demand for M2M communication, continuous investment on fiber communications & 4G network up gradation, lower latency and openness of mobile networks. However there are some challenges which are widely used cover, high bit rates and regulatory pressure.

In India, 5G technology provides a vision for business to extend to global markets. SIM cellular connections segment is the major segment of market share while it is predicted that SIM M2M cellular connections will be grown at an escalating rate. Moreover, the government has set up a bureau, which will be making the roadmap of the accomplishment of “5G in India”, by 2020.  The main aim of this bureau is to growth of 5G mobile phones & other internet connected smart devices and to achieve the high speed of internet in country.

It is expected that the revenue value of Indian 5G market will be around USD 20 billion, by 2025. It is also estimated that this technology will convey about socio-economic changes through sustainability, productivity and well-being. In upcoming years, it is estimated that, this market will be registered a triple-digit growth due to high HD premium videos by 5G networks.

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The Requirement of Advanced Diagnostic Technology to Drive Advanced Visualization Market in European Region: Ken Research

Europe Advanced Visualization Market
Advanced visualization (AV) is the latest innovative data visualization that helps hospitals or ends users to analyze data in depth. It helps the doctors with a superior understanding of medical issues. It provides improved image quality and high-quality healthcare facilities. AV systems provide multi-process function in which a doctor read, share, store, interpret and transfer the diagnostic pictures besides considering the concurrent images in a computer frame occurring in the body.
According to study, “Europe Advanced Visualization (AV) Market (2018-2023)” some of the major companies that are currently working in the Europe Advanced Visualization (AV) market are Fujifilm Holdings Corporation, Qi Imaging LLC, Toshiba Corporation, Siemens AG, Pro Medicus, Agfa-Gevaert Group, Canon Inc., Terarecon Inc., Ziosoft, Koninklijke Philips N.V, Conmed, General Electric Company. These key players are gradually more focusing on offering high-quality products and exhibit long-term reliability. All these vendors are competing against each other that are based on factors like price, features and product quality.
In the AV process, many products, for instance, post scale product, implementation service product, software products, hardware products, and maintenance services products are used. Based on the imaging modality, AV market is defined by ultrasound imaging modality, nuclear medicines, magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET) and x-ray. Based on the end-user, the market is classified into surgical centers & hospitals, imaging centers, and research & academic centers. Additionally, based on the application, the market is defined by vascular, orthopedics, oncology, neurology, cardiology, radiology or interventional radiology, and other clinical applications
The AV demand is generally driven by increasing chronic diseases like cancer, strokes, heart attacks and diabetes. Some of the other factors driven are increasing technological advancements in the field of software and hardware, integration of picture archiving and communication system, need for targeted therapies, shift from thick client to thin client & cloud computing or multi-modality functions, dedicated workstations, rising demand for early diagnosis & better treatment plans and increasing disposable income. In addition, some of the major restraints factors are hacking related concerns, shortage of skilled professionals and high financial costs.
Nowadays, Europe’s political environment has created a challenge due to the breakout of political disorder such as the Euro zone crisis, Brexit, anti-immigration, anti-trade, and others. This might impede the development of the AV industry. Additionally, data capturing is another main challenge of the industry, which includes reading and storing unstructured data for instance doctors notes and comprehensively analysis of data via artificial intelligence (AI).
In 2018, Siemens Healthineers launched new ultrasound organization, which is called the Acuson Sequoia provide elevated resolution imaging of different sized patients with clarity and consistency. In addition, the General Data Protection Regulation (GDPR) developed in the same year, which enforces various restrictions on individual data transfer and storage by the new Safe Harbor agreement that may restrict the growth of the industry.
Germany is the major market of AV in Europe, followed by U.K and France. The Europe AV market is anticipated to reach USD billion by 2023 with a compound annual growth rate 9.5% of during 2018-2023. It is estimated that this market will be grown increasingly due to the requirement for advanced diagnostic technology and various factors like raising awareness about medicinal imaging tools & favorable reimbursement policies.
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UAE Baby Food Market is driven by Rising Demand for Organic Baby Food and Surging Online Sales: Ken Research


“Consumers across various emirates of the UAE have become more aware and conscious especially, when it comes to their babies.”
The report titled, UAE Baby Food Market Outlook to 2022 – By Category (Dried Baby Food, Prepared Baby Food, Milk Formula and Other Baby Food), By Inorganic and Organic Baby Food, By Region (Abu Dhabi, Ajman, Sharjah, Dubai, Fujairah, Ras Al Khaimah and Umm Al Quwain) by Ken Research believe that the innovations will see an upward trend in the usage of baby food, which will further drive UAE baby food market in the future.
Shift towards Organic Baby Foods in UAE Region: The demand for organic baby food has been growing in the UAE majorly due to increasing preference of parents towards more non-contaminated, naturally and minimally-processed foods. Organic foods are grown and processed without synthetic fertilizers or pesticides. In addition to that, feeding babies with natural foods limit their exposure to these substances thereby, taking care of their health. Increasing health concerns among parents of new born coupled with rising income levels of households have created a positive impact on the demand for organic baby food products in India.
Consumer Shift towards E-Commerce and Baby-Specialty Store: UAE consumers were witnessed to shift towards online portals for purchasing baby food products owing to easy availability of wide variety of product variants. E-commerce retailers are able to significantly compete better majorly due to reduced capital investment in physical infrastructure. As a result, promotional discounts and schemes are offered by online players for reaching to a large chunk of consumers. Some of the leading websites for groceries include Trolley.ae, Supermarket.ae and others that offer a broad range of products, from fresh fruits and vegetables to baby foods. They offer a variety of international brand names in the baby food market such as Nestle.
UAE Government Efforts to Promote Breast Feeding in the Country: Favourable government regulations such as maternity leave allowances have widely benefitted female working force by providing them with a greater work-life balance. For instance, in the year 2016, the emirate of Abu Dhabi announced an increase in the maternity leave allowance from 45 days to 3 months for all government employees, whereas the emirate of Sharjah and Ras Al Khaimah made similar increases. However, these government regulations have negatively impacted the demand for baby food products in the country as the policies’ prime focus was to encourage breast feeding among mothers.
Launch of Innovative Products: The baby foods market within UAE region was also witnessed to be flourishing along with the integration and launch of new baby food products. Major companies such as Camelicious introduced new entrants, camel-milk based baby products in the year 2018. Increasing purchasing power coupled with the emergence of high quality products containing iron, DHA, omega enriched milk formulas has been driving the growth of milk formula products in the country.
Keywords:-
UAE Baby Food Market
Baby Food Market Size UAE
UAE Baby Food Revenue
UAE Baby Food Type
Baby Food Products UAE
Baby Food Sales UAE
Baby Food Demand UAE
Baby Food Supply UAE
Regulations Baby Food UAE
Grocery Baby Food UAE
Baby Food Retailing UAE
Non Grocery Baby Food UAE
Pricing Strategy Baby Food UAE
Key Players Baby Food UAE
Brand Baby Food Market UAE
Nutrition Value Baby Food UAE
Guidelines UAE Baby Food
Key Segments Covered:-
By Food Category:-
Dried Baby Food
Prepared Baby Food
Milk Formula
Other Baby Food
Nature of Food:-
Inorganic Baby Food
Organic Baby Food
By Age:-
0-6 months
6-12 months
12+ months
By Region:-
Abu Dhabi
Ajman
Sharjah
Dubai
Fujairah
Ras Al Khaimah
Umm Al Quwain
By Channels of Distribution:-
Hypermarkets
Supermarkets
Independent Small Grocers
Health and Beauty Specialist
Other Foods
Non Grocery Specialist
Internet Retailing
Key Target Audience:-
Baby Product Manufacturers
Baby Product Distributors
Government Agencies
Baby Food Store Retailing
NGO’s Supporting Baby Food and Care
Pharmaceutical Stores
Online Sales and Retailing Agencies
Time Period Captured in the Report:-
Historical Period: 2012-2017
Forecast Period: 2017-2022
Companies Covered:-
Nestle SA
Danone Group
Abbott laboratories Inc.
Kraft Heinz Co
Hipp GmBH & Co
Vertrieb KG
Hero Group GmbH)
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Increase in Demand of Automated Equipment to Drive Advanced Visualization in Middle East and Africa Region: Ken Research

Middle East Advanced Visualization Market
Advanced Visualization (AV) has played an important role in healthcare organizations. It is primarily used imaging modalities with clinical areas. These systems are commonly adopted in diagnostic centers and hospitals. It comprises of software and hardware applications used in developed three dimensional (3D) or four-dimensional (4D) processing of data obtained by magnetic resonance imaging (MRI), computed tomography (CT), conventional nuclear medicine, positron emission tomography (PET) and ultrasound. AV systems enable clinicians to efficiently analyze and visualize assessment results.
According to study, “Middle East and Africa Advanced Visualization (AV) Market (2018-2023)” some of the major companies that are currently working in the Middle East and Africa Advanced Visualization (AV) market are Koninklijke Philips N.V, Toshiba Corporation, Terarecon Inc., Fujifilm Holdings Corporation, Ziosoft, General Electric Company, Siemens AG, Conmed. The private key players play an important role in funding the healthcare zone in Africa, with an extra 50% of the venture being undertaken by them.
Based on the application the market is divided into vascular, orthopedics, oncology, cardiology, radiology or interventional radiology and neurology. Based on the end-user market is segmented by hospitals & surgical centers, imaging centers, academic & research centers, and others. Moreover, some of the key advantages are direct interaction, a better understanding of operational & business activities, and enhanced adaptation of business information, rapid identification, and quick access to relevant business insights, predictive sales analysis and easy comprehension of data and many others.
The market of the Middle East and Africa Advanced Visualization is mainly driven by increasing technological advancements in AV software (integration of picture archiving and communications systems or PACS & AV tools). Some of the other driving factors are improved diagnostic interpretation with AV tools, rising demand for advanced diagnostic procedures and rising frequency of target diseases etc. Apart from advantages, some of the challenges include technical restrictions related to current advanced visualization analysis and limited medical reimbursements and many others.
The AV market is growing at a slow rate owing to the unstable economy and battles. Additionally, the main hinder factors of the AV market are low penetration rate. Some countries like Congo, Ghana, and Egypt create political threats to Multinational Companies (MNCs) to venture the market. One of the major challenges as 40% of the population is poor. Under such conditions, affordability of the systems in hospitals becomes complicated as people cannot pay treatment due to the systems being expensive.
The middle class or upper-middle class inhabitants have a considerable rise in countries such as Ethiopia and Nigeria, which provide a boost to the market. The sickness and dominance of chronic disease such as cardiovascular and cancer diseases followed by mounting population, people to insist well-organized and early diagnostic & detection methods, which also adds constraints in the AV market.
In 2018, the value of the Middle East and Africa AV Market is USD 0.1 billion. It is predictable that market is expected to reach US$ 0.2 billion, at a CAGR of 9.5%, by 2023. In the future, it is predicted that the market to grow fast due to vast investment in financial sectors.
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