Rising Digitalization Coupled with Growing Demand for Online & Mobile Computing Services to Drive Indian Data Center Infrastructure Market Over the Forecast Period: Ken Research

Data center infrastructure is the integration of building facilities & information technology (IT) functions being covered surrounded by an organization. It provides administrators with a holistic sight of data center & its concert using equipment. It assigns to the core physical or hardware-based resources & components. The data centers include all IT infrastructure equipments, devices, and technologies which contain data center. It is modeled & identified in a design plan which consists of complete listing of essential infrastructure components used to construct a data center.

According to study, “Data Center Infrastructure Market in India, By Products (Storage, Servers, Network Equipments), By Verticals (Manufacturing, BFSI, Public Sectors, IT & Telecom, Retail, Transportation, Energy, Healthcare, Media & Entertainment) - Trends & Forecast - 2015-2020” some of the major companies currently operating in the data center infrastructure market in India are Tata Communications, CISCO, International Business Machines (IBM), Netmagic Solutions, Hewlett-Packard Development Company, l.p, Dell EMC, NetMagic Solutions, Ctrls Data Centers Limited, Wipro Limited, Tulip Telecom Ltd. The vendors are offering data center infrastructure services which are cost effective & provide proficient solution to the associations. For instance, Hewlett Packard Enterprise is foremost in providing server, Dell EMC is leading storage, Cisco is offering strong networking, and others.

Based on component, the Indian data center infrastructure market is bifurcated into software, hardware and services. Services include routers, storage, virtualization software, servers, Ethernet switched, Storage Area Network (SAN) switches and network security etc. Based on product, the market is bifurcated into IT racks & enclosures, cooling, LV/MV distribution, power (UPS) and DCIM. DCIM tools convey the same capabilities to data centers, allowing managers to store, collate, and analyze data related to power & cooling in real time. Power & cooling services include generators & air conditioners. Based on application, market is bifurcated into government, collocation, healthcare, BFSI, energy, IT & telecom, manufacturing and others.

The Indian data center infrastructure is primarily driven by rising digitalization followed by growing demand for online & mobile computing services, growing need for cloud storage, increasing need for multi-layered operational security, changes in the Indian political environment, growing usage of social media, rapid increase in the organizational data, increasing investments in public sector, increasing government initiatives, rise in the costs on infrastructure technologies (power, cooling, and networking).

Due to significant improvements over the financial system various enterprises are planning to increase their businesses resulting providing the huge opportunities for the service providers. In terms of data center by sectors, third party data centers are expected to grow much quicker than captives due to enterprises focusing interest towards third party data centers that assists to focus on their core business areas. The total Indian data center infrastructure market is expected to grow at a CAGR of 4.30% from 2015-2020. In addition, the storage segment is mounting at a CAGR of 5.76% followed by network equipment & servers segments growing at a CAGR of 2.99% & 5.17%, respectively, throughout the forecast period. It is expected that the future of Indian data center infrastructure market will be bright owing to increase in outsourcing activities and rapid industrialization.

For More information about the report, refer to below link:-

India Data Center Infrastructure Market

Related Report:-

Global Data Center Infrastructure Market Study 2015-2025, by Segment (Cooling, Power, UPS), by Market (BFSI, Colocation, Energy), by Company (Airedale International Air Conditioning Ltd, ANEXIA Internetdienstleistungs GmbH, Asetek)

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Ankur Gupta, Head Marketing & Communications
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Increase in Technological Advancements Coupled with Burden of Cardiovascular Diseases to Drive Pacemaker Market over the Forecast Period: Ken Research

The pacemaker is an artificial or non-natural device implanted in the chest that produces low-energy electrical pulses to control the abnormal heart rhythm. They are used in the medical conditions for instance arrhythmia, heart block, atrial fibrillation, and long QT syndrome. The devices are the preferred alternative of treatment in cardiovascular diseases due to non-invasive nature of these devices. The use of pacemaker devices comes with the numerous complications like operational failure, due to use of battery depletion, random component failure or mishandling, connected with the temporary external pacemakers.

According to study, “Pacemaker Market - Global Forecasts upto 2024” some of the major companies that are currently working in the pacemaker market are Abbott Laboratories, Inc. (St. Jude Medical, Inc.), Medtronic, Boston Scientific Corporation, Oscor Inc., SORIN Group, BIOTRONIK SE & Co. KG, MicroPort Scientific Corporation, Livanova, Lepu Medical Technology Co. Ltd., Osypka Medical GmbH, Qinming Medical, Vitatron Holding B.V., Medico, S.p.A, Shree Pacetronix Ltd. Several market vendors in the emerging economies such as Middle East & Asia-Pacific have resulted into products compatible with concert levels so that of high-end implantable cardiac pacemakers at reasonable costs can be manufactured.

Based on type, the pacemakers market is segmented into conventional pacemakers and MRI compatible pacemakers. Based on device type, market is separated into external pacemakers and implantable pacemakers. The external cardiac pacemaker is used for momentary pacing & requires a fully furbished medical facility. The implantable pacemaker device is located under the skin on left side of the chest, and is connected with leads guided by a blood vessel to the heart. Based on technology, market is classified into single chamber pacemakers, dual chamber pacemakers and biventricular or CRT pacemakers. Single-chamber pacemaker fixes pulse generator to one of the chambers of heart. Dual-chamber pacemaker includes two leads, which are placed in ventricle and right atrium. Additionally, biventricular pacemaker is used in patient that illustrates lack of synchronization between contractions of the right & a left ventricle, which is a most ordinary condition, known as ventricular desynchrony. Based on usage, market is classified into heart block, arrhythmia, atrial fibrillation, tachycardia, bradycardia and long QT syndrome. The arrhythmia heart is not able to pump sufficient blood to the other parts of the body, which causes fainting & fatigue. Arrhythmia is of two types, bradycardia and tachycardia. When the heart beat is too slow it is termed as bradycardia and when it is too slow it is known as tachycardia. Moreover, based on end-user type, market is described as ambulatory surgical centers (ASCs) and hospitals & cardiac centers.

The global pacemaker market is driven by the increase in technological advancements. Some other driven aspects are increasing burden of cardiovascular diseases (CVD), combined efforts of government & domestic players, various supportive government initiatives, food reimbursement facilities, increasing research & development (R&D) investments and increasing aging population. Apart from benefits, some of the restraints include unfavorable reimbursement scenario, high cost of pacemakers, stringent regulatory approval process, side effect of pacemakers and lack of skilled healthcare professionals. Furthermore, market is also impacted by the key challenges that include frequent product recalls and shortage of cardiac surgeons. Moreover, the key opportunities associated include implantable micro pacemakers designed for fetal use and emerging markets.

In the upcoming years, future of global pacemaker market is expected to be bright due to increase in the availability of skilled physicians & healthcare practitioners.

For more information, click on the link below:

Pacemaker Market

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Qatar Education Market Driven by Rising Expatriate Community, Increasing Preference among Nationals for Private Schooling and Higher Investment: Ken Research

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“Increase in government funding in education sector resulted in construction of new education facilities and the support of a wide range of innovative development and reform programmes formulated by the Ministry of Education and Higher Education pushed the growth of Qatar Education Market.”

Analysts at Ken Research in their latest publication “Qatar Education Market Outlook to 2023- By K-12 Education, Higher Education, and Test-Preparation Education Market” believe that the increase in number of private and public universities and higher investments by the Qataris government will drive growth in the Qatar Education Market in the future. Growth in the sector has also been fuelled by the increasing number of scholarships being offered by the Ministry of Qatar and emphasizing more on female education. The market has witnessed a positive CAGR of 4.6% in terms of revenues during the forecasted period 2013-2018.

Growth Potential: Qatar education market has witnessed an increase in its overall revenue in the past few years, at a positive CAGR from 2013 to 2018. The major growth drivers of the Qatar Education market are the improvement in the Qatar education system, increasing number of expatriates in Qatar and a rising desire for higher studies. Expats are a major reason for the market growth as they make up nearly 85-88% of the population and they prefer sending their children to private schools owing to better teaching standards and international curriculum being taught in the private schools. The K-12 market makes up the vast majority of revenues in the education sector, with the highest revenues coming from Primary schools, followed by Preparatory, Pre-Primary and Secondary schools. The shift to private schools has led to new establishments of private schools in the country which are offering better education platforms because of the increased competition among the private players.

Government’s Role: The Ministry of Qatar Education has offered various types of scholarships which encourages students to pursue education in Qatar. In Qatar, the government is improving the education system in order to make Qatar’s economy less reliable on its petroleum sector. The government has continued to encourage more number of public as well as international colleges to set up education institutes in the ‘Education City’ of Qatar and have also introduced reforms to increase investment in this sector.

Rising Prominence of E-Learning: The Qatari government is focusing on digitizing education in Qatar, by implementing and promoting online education portals in the country. The academic environment of Qatar has witnessed significant changes with the growing importance of information and the influence of instructional technologies (ICTs) on learning and teaching platforms.

For more information on the research report, refer to below link:-

Qatar Education Market Outlook to 2023

Related Reports by Ken Research:-

UAE Education Market Outlook to 2023 - By K-12, Higher Education, E-Learning & Test-Preparation, Adult Education and Vocational and Training)

Kuwait Education Market Outlook to 2022 - by K-12 Education, Higher Education, E-Learning, Vocational Training, Teacher Training, Private Tutor and Test-Preparation Education Market

Saudi Arabia Education Industry Outlook to 2022 - By Higher Education, K-12 Education, E-Learning, Vocational Training and Test-Preparation Education

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Ken Research

Ankur Gupta, Head Marketing & Communications

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Global RFIDs (Radio Frequency Identification) Market Outlook To 2024: Ken Research

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RFIDs (Radio Frequency Identification) are the use of radio waves to capture information presented in the bar codes of products. This technology is similar to bar-coding where the data from the tag or labels are captured and stored in a database. This has several advantages over systems using barcode asset tracking software. Barcodes to be read must be aligned with the optical scanner. In the case of RFID tags, data can be read even outside the line of sight, which makes it more attractive. RFID requires little or no human intervention at all, since it automatically identifies the objects, collects data and stores it into the system. All of this is accomplished using radio waves. The system of RFID consists of three components – the RFID tag, the RFID reader and an antenna.  The identification and storage of data take place through these components, where the reader is used to read the tag and the data so collected is transmitted through the antenna to a computer system. The RFID technology is used mostly in inventory management, personnel tracking; ID badging, asset tracking, supply chain management and so on.

The Report “Global RFID Market: Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2024 “gives a detailed report on the global market for RFID. The report contains an in-depth analysis of the vendor’s profile, which includes financial health, business units, key business priorities, SWOT, strategies, and views; and competitive landscape. Few of the key players profiled in this study include ZIH Corp., ASSA ABLOY, AVERY DENNISON CORPORATION, Honeywell International Inc., Siemens AG, Impinj Inc., Identiv Inc., Alien Technology, LLC, Omni-ID, and Mojix, Inc.

The global market is expected to see growth during the forecast period. Due to an increase in government initiatives, this is expected to see a positive trend. Many governments are integrating RFID technology across various applications and expanding the Internet of Things (IoT) infrastructure. However, there are other issues that deter the growth in the market like security and health-related. Issues surrounding the legitimacy of data collected and privacy are deterring the growth in the market. Region-wise, North America is leading the market followed by the Asia Pacific. Rising need for efficient supply chain management is expected to be a growth driver in North America. Asia Pacific market is led by China followed by other countries located in the South East Asian territory.

 New technological innovations include the application of RFID in the retail sector for identifying and locating the merchandise, associates, and shoppers in a store. Another new advancement is the integration of RFID with IoT to enhance value in asset management and equipment management. Important collaboration in the market includes Impini Inc’s partnership with Stanley Healthcare to integrate the former’s platform with MobileView Real-Time Location Systems (RTLS) software to offer RFID products in the healthcare sector.

To Know More, Click On The Link Below:-

Global RFID Market Outlook

Related Reports:-

Global RFID Handheld Reader Market Analysis 2013-2018 And Forecast 2019-2024

Global RFID Smart Antenna Market Analysis 2013-2018 And Forecast 2019-2024

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Ken Research

Ankur Gupta, Head Marketing & Communications

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Global Crowd Analytics Market Research Report and Forecast To 2024 – Ken Research

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Crowd analytics is a product of innovation – it is the culmination of collaborative ideation, communication and behavioural data. Crowd analytics uses data mining, statistical modelling, and algorithm development – everything available on crowdsourced data and social network. The newfound data, which includes psychological and behavioural elements, are mostly influenced by political opinions and other social elements. This data helps in generating ideas, evaluating them and thus in effective decision making. The data so collected will be able to quantify potential returns and determine the sustainability of projects and other costs associated with them. Given the growth in population, crowd analysis is being used to develop crowd management strategies. Depending on the crowds, certain aspects can be observed and others cannot. Crowds can be casual or with a purpose like at a protest or contest. The main subject, as well as the anomalies, can be studied to understand behavioural aspects.

The Report” Crowd Analytics Market: Global Drivers, Restraints, Opportunities, Trends, and Forecast up to 2024” give a detailed analysis of the global market for crowd analytics. The report discusses the market in terms of components, applications, verticals, and regions. Further, the report provides details about the major challenges impacting market growth. The report contains an in-depth analysis of the vendor's profile, which includes financial health, business units, key business priorities, SWOT, strategies, and views. The prominent vendors covered in the report include NEC Corporation, Nokia, Sightcorp, AGT International, CrowdVision, Savannah Simulations, Walkbase, DFRC, Crowd Dynamics, and iOmniscient among others.

In the case of retail stores, many of them are shutting down because of the inability to retain customers. Also given the increasing real estate and maintenance costs, it is becoming difficult for the companies to maintain brick and mortar stores, notwithstanding attractive e-Commerce coupons and offers. But what they lack is the real-time presence in terms of feel, touch and trial which still keeps the retail stores going. Retailers are bringing in technology to stay in the game by using crowd analytics. It is using the data collected through the free and natural movement of the buyers through high-end resolution cameras. It helps in improving efficiency and profits whilst enhancing the customer experience. Like all the other businesses, retail is one of the businesses that will adapt to these changes in technology.

Crowd analytics finds application in almost all the sectors – tourism, transportation, media, public safety and so on. Region-wise, North America is the leading market due to technological advancements. This is followed by Europe and the Asia Pacific. The market is characterised with various significant mergers and acquisitions.

To Know More, Click On The Link Below:-

Global Crowd Analytics Market

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Philippines Fitness Service Market Research Report & Market Forecast to 2023: Ken Research

How Fitness Market is Positioned in Philippines?

The Fitness market in Philippines is currently at its growth stage. The market has been categorized into two sub-categories; organized and unorganized fitness services markets. Rising population in the age group of 15-44 years and increasing obesity rate has been complimenting the size of this industry. Coupled with increasing percentage of females in the population, there has been a significant shift of fitness service providers towards female-specific gyms and fitness clubs. According to our research the market has grown significantly during the period 2013 to 2018.

The penetration rate has been evaluated to be ~% in 2018. The one month package has the biggest share followed by 3 months and 6 months’ packages, while 1 year package was least popular in 2018. Major reasons for the increase in demand have been the higher per capita income in Philippines, penetration of international players and diversified services portfolio in the country. The increase in the disposable incomes of the Filipinos will provide them the liberty to opt for expensive memberships in the fitness centers. This will directly impact the growth rate of the number of people going to fitness centers in the country.

Expanding services portfolio of major players and aggressive marketing Strategies have helped the revenue to grow at a CAGR of ~% during the review period. Few of the top fitness market players are Anytime Fitness, Pound for Pound Fitness, Fitness First, Gold's Gym, Slimmer's World, Yoga Plus, Options Studio, 4Fitness, Beyond Yoga and many others. The services provided are Cardio, Zumba, Pilates, Martial Arts, Cross fit, Yoga, and many others. Nowadays, there are many additional facilities provided to the members to make them feel satisfied and increase their retention rate in the particular fitness club. Few of the additional facilities are sauna, spa, diet consultant, nutrition specialists, and others, which attract the crowd to take part in the fitness regime in Philippines.

Due to the above mentioned factors, the fitness industry has witnessed a growth at the rate of approximately ~% in terms of memberships during the review period of 2013 to 2018.

Is the Market Structure Organised in Philippines? Which revenue stream has been more successful in 2018?

The market is captured by the unorganised players based on the number of fitness centres and membership attained in 2018. While in terms of revenue generated, organised sector took the lead. According to our research, there is approximately ~ number of organized fitness markets. The organized fitness markets capture around ~% of market share in 2018. This is due to expensive membership fee charged. Further, the high dominance of the unorganized fitness market in the industry is due to lower fees, custom packages and nearby easy access of these centres.

The overall fitness market has been evaluated based upon the revenue generated by the membership fees and personal training charges, in both organized and unorganized markets. The revenue generated by the membership fee in the organized fitness market accounts for USD ~ Million in 2018. Demand for personal training has increased on account of increase in health awareness of the urban population especially in the age bracket of 25 years and above. The revenue generated from gym membership was USD ~ Million in 2018. Personal training services have generated revenue of USD ~ Million in 2017. This accounts for ~% share of the total fitness service market size.

What has been the share of different membership packages in THE REVIEW PERIOD?

The people in Philippines have the highest preference for the one month package as it provides the option of experimenting with several gyms for short durations and trying new activities. It is highly preferred by people joining gyms for the first time. The second most preferred package is the 3 and 6 month package as fitness centers use tier pricing to attract customers to buy long-term packages. The one year packages have been the least popular in relation to the other membership packages. Also, customers look for the best offers and discounts in the market when choosing a membership package. The 3 and 6 month packages generally come with several offers including 1-2 month free, freezing option, free services (massage, personal training sessions) and others which attract the customers. The increasing certification courses and training facilities for personal trainers have increased the quality of their services which has raised popularity of quick courses. This continuous growth in the demand for crash courses will help market growth in coming future. Also, tourists have been seen using the one month trial package popularly.

Key Segments Covered:-

By Market Structure (On the basis of Revenue, Number of Members, Number of Gyms Centers)

Organized

Unorganized

By Revenue Streams

Membership Fees

Personal Training Fees

By Membership Subscription Packages (On the basis of Revenue, Number of Members)

1 Month

3 Months

6 Months

12 Months

By Regions (On the basis of Number of Gyms)

Luzon

Visayas

Mindanao

By Gender (on the basis of Revenue and Number of Members)

Male

Female

Key Target Audience:-

Organized Fitness Service Centers/Gyms (Branded)

Women Fitness Service Centers

Mixed Fitness Service Centers

Major Fitness Equipment Manufacturers

Investors

Fitness Managers

Fitness Club Franchisers

Personal Training Certification Institutes

Standalone Yoga Centers

Time Period Captured in the Report:-

Historical Period – 2013-2018

Forecast Period – 2019-2023

Companies Covered:-

Anytime Fitness

Pound for Pound

Snap Fitness 24/7

Krav Maga

Fitness First

Gold’s Gym

Slimmer’s World International

Beyond Yoga

360 Fitness

Bliss Yoga

UFC Gym

Curves Fitness

Kerry Sports Manila

Keywords:-

Philippines Fitness Service Industry

Fitness Service Market In Philippines

Philippines Fitness Service Market Revenue

Number of Fitness Outlets In Philippines

Philippines Fitness Club Membership

Philippines Fitness Classes Market

Pilates Market Philippines

Yoga Studio Market Philippines

Health Club Market Philippines

Philippines Gym Market Analysis

Philippines Gym Membership Fees

Filipino Fitness Services Market

Fitness Gyms in Luzon

Fitness Gyms in Visayas

SWOT Analysis Philippines Fitness Market

Investment in Gym Philippines

Snap Fitness 24/7 Revenue Philippines

Gold’s Gym Sales Philippines

Curves Fitness Philippines Fee

Philippines Yoga Market Revenue

For More information about the report, refer to below link:-

Philippines Fitness Service Market

Related Reports:-

Oman Fitness Services Market Outlook to 2022 - By Gym Membership and Personal Training, by Region (Al Batinah North, Al Batinah South, Ad Dakhiliyah, Dhofar and Muscat) , by Gender and by Membership Subscription (Annual, 6 months, 3 months, 1 month)

Kuwait Fitness Service Market Outlook to 2022 - by Revenue Stream (Gym and Personal Training), by Region, by Gender, by Membership Subscription, by Organized- Men’s Gym, Women’s Gym, Mixed Gym, CrossFit and Unorganized

Saudi Arabia Fitness Services Market Outlook to 2022 - By Revenue Stream (Gym Membership and Personal Training), by Organized and Unorganized, by Region, Gender and Membership Subscription

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Introduction of Cost-Effective Facial Injectables with Rise of Aging Population, and Growing Awareness towards Facial Injections to Drive Worldwide Facial Injectables Market over the Forecast Period: Ken Research

Facial injectable are products that contain hyaluronic acid fillers, collagen fillers, and synthetic fillers for instance calcium hydroxyl apatite. The use of these products like hyaluronic acid enhances skin hydration, improves skin, and defends from Ultra Violet (UV) damage & has relatively low side effects. It helps in rejuvenating facial skin by raising scar depressions, reducing or eliminating wrinkles, and enhancing lips.

According to study, “Worldwide Facial Injectables Market Drivers, Opportunities, Trends, and Forecasts: 2017-2023” some of the major companies that are currently working in the worldwide facial injectables market are Advanced Dermatology, Allergan Plc, Merz Pharma GmbH & Co., Suneva Medical Inc., L.P., Fibrogen, Integra Lifesciences, Valeant Pharmaceuticals International Inc., Sanofi SA, ColBar LifeSciences Ltd., Ethicon, Merz Pharma GmbH & Co. KGaA, Tei BioSciences, Medytox Inc., Ankita Therapeutics Inc., Teoxane SA, Galderma S.A., KGaA, Nestle Skin Health (Galderma Pharma SA), Sinclair Pharma Plc, Ipsen S.A., Bloomage Biotechnology Corp. Ltd. All these key vendors are adopting partnerships and product launches policies in order to address the unmet aesthetic requirements thereby, offering physicians with new & better options.

Based on type, worldwide facial injectable market is segmented into dermal fillers or injectable implants and wrinkle relaxers. Dermal fillers include collagen, hyaluronic acid, calcium hydroxylapatite, fat injection, Polymethyl-methacrylate microspheres (PMMA), polylactic acid and others (polyalkylimide). Wrinkle relaxers include dysport, botox and xeomin. Based on product type, market is segmented into Restylane-Hyaluronic Acid-Based Filler, PREVELLE Silk-Hyaluronic Acid-Based Filler, Juvederm-Hyaluronic Acid-Based Filler, Belotero-Hyaluronic Acid-Based Filler, Hydrelle-Hyaluronic Acid-Based Filler, Evolence-Collagen-Based Fillers, Cosmoplast-Collagen-Based Fillers, Radiesse-Semi-Permanent Fillers, Sculptra-Semi-Permanent Fillers, BOTOX-OnabotulinumtoxinA, ArteFill-Permanent Fillers, Xeomin-IncobotulinumtoxinA, Dysport-AbobotulinumtoxinA, Myobloc-RimabotulinumtoxinB. Furthermore, the other applications include lip augmentation, lipoatrophy treatment, face lift, facial line correction and others (earlobe rejuvenation & chin augmentation). Additionally, based on end-users, market is segmented into beauty clinics, hospitals, dermatology research institutes and dermatology clinics.

The International Society of Aesthetic Plastic Surgery (ISAPS) is an association for board-specialized aesthetic plastic surgeons, dedicated to encouraged related to excellence in the field of aesthetic plastic surgery worldwide. The Society recommends symposia, instructional courses, and educational courses, while the members of ISAPS have entrance to the most advanced techniques such as dermal fillers and botulinum toxin. Furthermore, the American Academy of Facial Esthetics (AAFE) aims to give information about non-invasive and non-surgical facial injectable techniques to healthcare experts globally. AAFE is also devoted to providing the most excellent possible outcomes in areas of facial pain treatment and facial esthetics.

The worldwide facial injectable market is driven by the introduction of cost-effective facial injectables with the increase in aging population, growing awareness about facial injections, and rising aesthetic consciousness leading to increase in cosmetic procedures. Apart from profits, some of the major restraints leading to reimbursement policies supporting cosmetic procedures, followed by presence of counterfeit products & unregistered practitioners and side-effects of available products are impacting the market growth substantially. The worldwide facial market is witnessing the rise in trends in medical tourism and increase in demand for combination treatments etc.

North America being the leader in the global facial injectables market increasing the emphasis about physical appearance and increasing awareness on the advanced beauty treatments. In 2017, approximately 2 million women in U.S. have undergone an aesthetic injectable procedures, while approximately 17 million were considered to be aesthetic injectable cure, leading to growing demand for facial injectable.

For more information, click on the link below:

Worldwide Facial Injectables Market

Contact Us:                                     

Ken Research                                   

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

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Increase in Tendency to Enhance Aesthetics, Followed by Growing Technological Advancements, and Rise in Public Awareness to Drive Demand of Global Contact Lenses over the Forecast Period: Ken Research

Contact lenses are thin plastic lenses. These are directly placed on eye ball providing the accurate vision. These are the medical devices regulated by Food and Drug Administration (FDA) therefore requires prescription. Contact lenses are sensitive & handled with care to avoid infections & dislocation. These lenses are layered with scratch resistance materials, anti-refractive materials, and ultraviolet protection materials to get better relaxing benefit of lenses, and thus provide comfort to the user. The use of lenses also adds to the compatibility as it can be worn below the eye wear choices for instance sunglasses. Lenses also eliminate glare & are more relaxed to wear or carry. Contact lenses are classified into bifocal contact lenses, daily disposable contact lenses, color contact lenses, bifocal lens for astigmatism, and scleral contact lenses. The contact lenses are used for the treatment of eye disorders like astigmatism (distorted vision), myopia (near-sightedness), presbyopia (long-sightedness), hypermetropia, and glaucoma (blindness).

According to study, “Global Contact Lenses Market 2018-2024” some of the key companies currently operating in the global contact lenses market are Novartis AG, Johnson & Johnson Vision Care Inc., STAAR Surgical Company, Cooper Companies (CooperVision Inc.), Bausch Health, Valeant Pharmaceuticals International, Menicon Co. Ltd., Contamac Holdings Ltd., Haohai Biological Technology, NeoVision Co. Ltd. Essilor International SA, X-Cel Specialty Contacts, ClearLab SG Pte Ltd., Eagle Optics, Oculus Private Ltd., Seed Co. Ltd., Carl Zeiss Meditec AG, Abbott Medical Optics, Inc., St. Shine Optical Co. ltd., BenQ Materials Corporation, SynergEyes Inc., Camax Optical Corp., Accu Lens, Hoya Corporation.

Based on product type, global contact lenses market is segmented into hybrid contact lenses, soft contact lenses (methacrylate hydrogel and silicon hydrogel), rigid gas permeable contact lenses and others. Based on usage, market is segmented into therapeutic contact lenses, lifestyle-oriented, prosthetic contact lenses, cosmetic contact lenses and corrective contact lenses. Based on modality type, market is defined as disposable modality (monthly & daily) and conventional modality. Based on the design, market is segmented as toric, spherical, multifocal and other designs. Based on technology scenario, market is defined as ASD technology, PC technology, lacreon technology, hydraclear technology, peg technology, lightstream lens technology, digital zone optics lens design technology, optimized toric lens geometry technology, light intelligent or adaptive technology and smart contact lens technology. Based on color variation, market is segmented as enhancers or tinted contact lenses, opaque contact lenses and visibility tinted contact lenses. In addition, based on distribution channel, market is categorized into online store, spectacle stores and other distribution channels.

The global contact lenses market is primarily driven by increase in tendency to enhance aesthetics, followed by growing technological advancements, rising public awareness, growth in online sales, improving economy, increasing disposable income, changing lifestyle, rising ageing population, rising visual defects among children & young people, usage of computers, mobiles, & other devices, growing number of visual inaccuracies, and increase in prevalence of optical disorders. In addition, some of the market restraint includes complication associated with lens, shortage of ophthalmologists, regulatory barriers and availability of alternative techniques. Moreover, growing initiatives promoting safe usage of contact lens is expected to be key trend to the market.

The global contact lenses market is expected to witness a CAGR of 6.4% during the forecasted period 2018-2024. It is expected that the global market will be reached at US $20.2 billion, by 2024.

For more information, click on the link below:

Global Contact Lenses Market

Contact Us:                                     

Ken Research                                   

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91 9015378249