India Healthcare IT Market Outlook to 2023: Ken Research

The report titled “India Healthcare IT Market Outlook to 2023 - By Hospital, Pharmacy, Medical Imaging and Laboratory Information Management Systems and by Delivery Mode (On Premise, Hosted and Cloud Mode), By Component and By End Users” provides a comprehensive analysis on the Healthcare IT market of India. The report covers various aspects including introduction, pricing analysis, Market Overview and Genesis, Porter’s Five Forces Model, trends and developments, issues and challenges, SWOT analysis, competitive landscape, India Healthcare Statistics and government regulations. The report concludes with future market projection and analyst recommendations highlighting the major opportunities and cautions.

Market Overview

India Healthcare IT market is at the growth stage. India Healthcare IT market in terms of revenue has increased at a positive double digit CAGR during the period FY’2013-FY’2018. The market is gradually increasing with more number of Pharmacies opening up and Hospitals and clinics moving towards IT solutions for recording and storing the patient’s data on premise as well as on Hosted and cloud services. The customers in the market are highly price sensitive as there are various players present in the market.

Healthcare IT services are used by major hospitals, clinics and pharmacies for better management purpose. The clients opting for Healthcare IT solutions largely use them for managing Pharmacies, in patients, out patients, laboratory testing, Medical imaging and keeping patient records.

India Healthcare IT Market Segmentation

HIMS

By Delivery Mode: The HIMS market on the basis of delivery mode is divided into on premise and Hosted and Cloud based. Hosted and Cloud services hold the major share in the market and will grow at a positive double digit CAGR from FY’2018-FY’2023E.

By Component: On the basis of component, the HIMS market is segmented into Software & Services and Hardware. Software & Services accounted more than half of the revenue share in the market as all the Hospitals opts for the Software which is of very high cost, and mostly the hardware component is already available with the hospitals.

By End Users: Private Hospitals are the largest contributor towards the HIMS system which accounted for more than half the market share. The second position is held by Government Hospitals followed by clinics which has shown a growth of positive double digit CAGR.

PIS

The PIS market is majorly dominated by the unorganized players and they are the ones controlling the market. With the expansion plans of large chains and increase in number of unorganized pharmacy stores, the industry will undergo some consolidation. The retail pharmacy sector is quite fragmented, posing a major challenge in addition to the complex supply and distribution chain comprising various stakeholders as well as the circulation of drugs. Many pharmacies have been implementing online tracking system for managing their inventory of medicines. Major companies offering PIS services in India include Cerner’s Pharmacy System, Mckesson, Logic Pharma and others.

LIMS

Laboratory information systems market in India is a niche segment of the healthcare IT market, which has been witnessing tremendous growth over the last few years and will continue to grow in the coming future. There are many standalone labs in the country and their number is increasing significantly. Most of the major players operating in the market have already adopted LIMS and the stand alone companies are also following their footsteps. Market is highly fragmented largely dominated by the local firms operating in the market. Major players include Thermo Fisher Scientific, Labware, NextGen and others.

MIIS

In the medical imaging arena common-use cases include 3-D viewing, clinical collaboration and easy PACS connectivity, which enable access to radiology reports and referral studies. Large imaging independent software vendors are investing in cloud-based MIIS platforms which will eventually enable integration of their medical devices across the world. Picture Archiving and communications Systems (PACS), Radiology Information System and Monitoring Analysis software are the major type of MIIS and accounted for the highest revenue share amongst the three MIIS components and will grow at a double digit CAGR in future.

Competitive Landscape

The India Healthcare IT market is highly fragmented. The market has several players operating in the market. The major players in the market are Wipro, Fujifilm, Thermo Fischer Scientific, Allscripts healthcare solution, Cerner Corporation, Innovative Medisoft, Mckesson Corporation, GTI Infotel, Birlamedisoft, Athenahealth and Shrishti Software. These players compete on the basis of Implementation cost, implementation ease, functionality, certification, customization and expertise.

India Healthcare IT market Future Outlook

In future, it is anticipated that India Healthcare IT market in terms of revenue will increase at a positive double digit CAGR during the period FY’2018 –FY’2023E. The demand for Healthcare IT technology services will be further augmented largely with increase in number of pharmacies, hospitals and pathology labs and rise in per capita expenditure on healthcare. The use of HIMS will increase in future largely due to the growth in number of Hospitals, medical Tourism and Telemedicine will further increase the demand of Healthcare IT services in hospitals.

Key Segments Covered:-

HIMS:-

By Delivery Mode

On Premise

Hosted and Cloud

By Component

Software and Services

Hardware

By End Users

Private Hospitals

Government Hospitals

Clinics

PIS:-

By Delivery Mode

On Premise

Hosted and Cloud

By Component

Software

Services

By End Users

Popular Chain Brand

Standalone

LIMS:-

By Delivery Mode

On Premise

Hosted and Cloud

By Component

Software

Services

By End Users

Chain Labs/Multispecialty Labs

Standalone Labs

MIIS:-

By Type

PACS

Radiology Information System

Monitoring Analysis Software

Key Target Audience:-

Healthcare IT Companies

Hospitals

Clinics

Pharmacies

Path Labs

Private Equity Firms

Government Associations

Investors

Time Period Captured in the Report:-

Historical Period: FY’2013-FY’2018

Forecast Period: FY’2019-FY’2023E

Companies Covered:-

HIMS

Cerner Corporation

Allscripts Healthcare Solutions

Athenahealth

Innovative Medisoft / MED-E-NOVA

Birlamedisoft Pvt. Ltd.

GTI Infotel

MIS

Wipro

Fujifilm

Siemens Healthenieers

SRIT (Shobha Renaissance IT Limited)

Shrishti Software

Telerad Tech

PIS:-

Mckesson Corporation

Logic Pharma Reatail

Go Frugal Pharmacy Software

LIMS:-

Thermo Fisher Scientific

LabWare

LabVantage Solutions

NextGen Healthcare IT Solutions

Caliber LIMS

Vanuston (Medeil)

Abbott Informatics/ Star LIMS

Key Topics Covered in the Report:-

Executive Summary

Research Methodology

Value Chain Analysis

India National Health Statistics

India Healthcare IT Market Overview and genesis

India Healthcare IT Market Size by Revenue (FY’2013-FY’2018)

India Healthcare IT Market Segmentation (FY’2013-FY’ 2018)

India HIMS Market Size by Revenue

India HIMS Market Segmentation

India HIMS Market Upcoming Technologies

Pricing and Software Analysis of HIMS market

India HIMS Market Competitive Scenario and Major Company Profiles

India PIS Market Size by Revenue

India PIS Market Segmentation

India PIS Market Upcoming Technologies

India PIS Market Competitive Scenario and Major Company Profiles

India LIMS Market Size by Revenue

India LIMS Market Segmentation

India LIMS Market Upcoming Technologies

India LIMS Market Competitive Scenario and Major Company Profiles

India MIIS Market Size by Revenue

India MIIS Market Segmentation

India MIIS Market Upcoming Technologies

India MIIS Market Competitive Scenario and Major Company Profiles

India Healthcare IT Market Analyst Recommendations

For more information, refer to below link:-

India Healthcare IT Market

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

Increasing in Adoption of Photography Enthusiasts, Coupled with Rise in Disposable Income to Drive the Global Consumer Drones Market Over the Forecast Period: Ken Research

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A Consumer Drone is also known as personal or hobby drone. It is a form of Unmanned Aerial Vehicle (UAV). These are designed for the mass market. The consumer drones market has a utility for both public as well as private sector. The drones have easy control features and can also fly vertically with the long and durable flight time that optimizes the power source. The consumer drones have the capacity to carry out more weight may also broad the array of activities to search, weather monitoring, surveillance, traffic monitoring, fire fighting, geographical mapping, agriculture along with the other delivery of services. The consumer drones are either controlled autonomously (via onboard computer) or may further be controlled by the remote control (ground or another vehicle) or based on the range which from large to small size. The Large-sized drones are used for the tactical missions which are motorized by the internal combustion engine.

According to study, “Global Consumer Drones Market Size study, by Product (Multi-Rotor, Nano, Other Product), by Application (Prosumer, Toy, Photogrammetry) and Regional Forecasts 2018-2025” some of the major companies that are currently working in the global consumer drones market are 3D Robotics Inc., Cheerson, Blade, AeroVironment, Inc. Eachine, JJRC, Hubsan, Aeryon Labs, Airware, Inc., AgEagle Aerial Systems Inc., Dajiang Innovation Technology Inc. (DJI), Ascending Technologies GmbH, Draganfly Innovations, EHANG, Inc., Drone Deploy, Guangdong Syma Model Aircraft Industrial Co., Ltd., Guangdong Cheerson Hobby Technology Co., Ltd., GoPro, Inc., Hobbico, Inc., PrecisionHawk, senseFly/Parrot, Hubsan Technology Co., Ltd., Skycatch Inc., Shenzhen Zero UAV Tech. Co., TSHobby GAUI, Walkera, UDIRC Toys Industrial Co., Yuneec International.

Based on type, global consumer drone market is segmented into nano, multi-rotor and other product. Based on type of wing, market is divided into fixed wing, rotary wing and hybrid wing. Based on the technologies, the market is alienated into autonomous technology, semi-autonomous technology and remotely operated technology. Based on application, the market is breakdown into hobbyist or toys, prosumer and photogrammetry.

The market of global consumer drones is primarily driven by increasing adoption by photography enthusiasts, followed by rising disposable income of the individual, advancement & emergence of low-cost drones and ease of operation. Apart from benefits, existence of certain rules or regulations associated with drone, lack of proper training to fly drone and high costs are few of the restraining factors for market.

North America is the leading region due to increase in adoption of technology for new capturing & discovering new video, films, and the aerial photography. In the U.S. relaxation by the Federal Aviation Administration (FAA) on the use of the drone for recreational & non-recreational purposes is also expected to have a considerable impact on the expansion of market. In addition, the European market is further expected to grow owing to the decrease in regulations & in increase in use of drones for the agricultural and the law enforcements. Further the Asia Pacific region is estimated to witness rise in demand of drones due to expansion in retail sector and the continuous initiatives supported by the government. In near future, it is anticipated that the global consumer drones market to reach at a fast pace due to supportive government initiatives and increase in investments in the industry.

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

Global Consumer Drones Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

Landscape Of The Air Cargo Based Services Globally Market Outlook: Ken Research

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The market of air cargo transportation services comprises of sales of air cargo transportation services by the entities that utilize the aircraft which involves, the airplanes and helicopters to deliver the air transportation of cargo and mail on a contract basis over the fixed international routes. Moreover, air cargo is well-defined in two major segments such as air freight and airmail. The segment of air freight of the air cargo market around the globe is anticipated to hold the foremost market share during the review period and is predicted to bring in revenues of a handsome amount. Owing to the factors such as speedy enhancement of the businesses, the building of cargo hubs and significant growth of the e-commerce business model is predicted to foster the prospects for the growth in this market sector.

As the market of cargo is augmenting, there are several new policies and strategies allowing for the growth in the market. However, the ‘Open Skies’ is an international policy that pleas for the liberalization of the rules and regulations in the aviation industry particularly the air cargo industry has a superior impact of this policy.

According to the report analysis, ‘Air Cargo Services Global Market Report 2019’ states that there are several key players which are recently functioning in this sector more actively for leading the fastest market growth and dominating the handsome value of market share across the globe in the coming years while studying the rules and regulations actively which further benefitted for leading the business at a large scale and attaining the high value of revenue during the short span of time includes Cathay Pacific Cargo, FedEx, The Emirates Group, United Parcel Service, DHL Aviation and several others.

Additionally, the digitization of systems has attained its admiration in the cargo transportation markets by simplification the documentation procedure and delivers integration and transparency. According to The International Air Cargo Association, the Air Waybill (AWB), a 20-step, 21-documents, is changed to an e-AWB to decrease the information re-entry to decrease the wastage of time and deliver proficiency. Moreover, the e-AWB desktop tool was established to support the small and medium air freight forwarders to build, send, and maintain thee-AWBs effortlessly and professionally.

The Asia Pacific region was the foremost region in the global air cargo services market, accounting for 39% of the market in 2018. North America economy was the second largest region accounting for 29% of the global air cargo services market. Meanwhile, Africa was the smallest region in the global air cargo services market.

Nonetheless, the admiration of autonomous vehicles has also tattered into the logistics segment. For example, the self-driving vehicles have made inroads in logistics, accomplishment a level of development for commercial usage in the warehouse operations. In August 2016, it was witnessed that the production of the vision-guided autonomous forklifts augmented the Giant Eagle’s warehouse efficiency by more than 10%. Therefore, in the coming years, it is expected that the market for air cargo services will increase across the globe more positively over the coming years.

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Air Cargo Services Global Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

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+91-9015378249

Changing Dynamics of the North America Entertainment and Leisure Robots Market Outlook: Ken Research

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For the domestic applications the personal and domestic robots are accepted more significantly around the globe. However, in the North America region the implementation of such robots has been high for the household purposes. The social robots are attaining the traction related to the entertainment, personal applications and education with the boost in digital technology. Not only has this, the devices and robots with the greater displays are being accepted on a superior scale for entertainment, education and personal applications.

The entertainment robots can also be perceived in the perspective of media arts where the artists have been commissioning the advanced technologies to generate the surroundings and artistic countenance also using the actuators and sensor to enable their robots to react and transform the relation to audiences.

The players of this market are doing significant developments in the technology of entertainment robots for increasing the demand of such and delivering the better consumer satisfaction. According to the report analysis, ‘North America Entertainment and Leisure Robots Market by Component, Application, End-user and Country 2014-2025: Growth Opportunity and Business Strategy’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and dominating the handsome value of market share across the North America during the forecasted period while increasing the applications and manufacturing such robots with the attractive and effective structure includes Blue Frog Robotics SAS, Hasbro, Inc., Lego System A/S, Mattel, Inc., Modular Robotics Incorporated, RoboBuilder Co., Ltd., Softbank Robotics, Sony Corporation, Sphero, Inc., Toshiba Machine Co., Ltd., WowWee Group Limited and several others.

Nonetheless, iRobot, GeckoSystems, Adept Technology (a subsidiary of Omron Corporation), Google, and Amazon are the superior associations in the mobile robots market based in the US. Besides this, growing aging populatce in North America is fostering the market for telepresence and personal subordinate robots.

The North America entertainment and leisure robots market will reach USD 2.508 billion by 2025 due to an increasing adoption of all types of entertainment and leisure robots in both household and commercial applications across the region. Moreover, the market of entertainment and leisure robots is sectored into different segments which majorly involves component, application, end-user and region. However, based on the applications, the market of entertainment and leisure is further divided into Robotic Toys & Hobby Systems, Education & Research Robots, Robotic Companion Pets, and Commercial & Art Robots.

Although, a significant increase in the number of working administrators across the globe is predicted to put forth a requirement for the robots for delivering the companionship to the elderly and toddlers. This aspects is predicted to drive the growth of the market for entertainment, education, and personal applications during the review period. Therefore, in the coming years, it is anticipated that the market of entertainment and leisure robots will increase across the North America more significantly over the recent few years.

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North America Entertainment and Leisure Robots Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249

Significant Convergence In The Global Air Based Defense Equipment Manufacturing Market Outlook: Ken Research

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The Market of air-based defense equipment comprises of sales of air-based defense equipment by the specific entities that introduce air-based defense equipment involving the assistance and auxiliary equipment for the air-based defense such as satellites, sonars, radar and several other auxiliary types of equipment. Moreover, the players in this market are playing an important role while developing the specifications of the employed technologies in the aircraft for changing the manner of businesses to interact with their customers, for better decision making and build workflows.

Whereas, Aircraft manufacturers are utilizing machine-learning techniques such as artificial intelligence (AI) to develop the protection, efficiency, and quality of aircraft. Machine learning algorithms gather the data from the machine-to-machine and machine-to-human interfaces and utilize the data analytics to fuel-efficient decision making. These technologies enhance manufacturing operations and expenses. For example, GE Aviation utilized the machine learning and data analytics to recognize the faults in engines, which augments the lifecycle of parts and decreases the preservation costs. Boeing (Company) has efficaciously generated the machine-learning algorithms for aircraft designing and to systematize the factory operations.

According to the report analysis, ‘Air based Defense Equipment Manufacturing Global Market Report 2019’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and registering the foremost value of market share across the globe in the coming years while improving the strategies of work and developing the design and applications of the technology which further benefitted for increasing the worth of technology and generating a high amount of revenue includes The Boeing Company, Lockheed Martin, General Dynamics Corporation, Northrop Grumman, Safran Group and several others.

Additionally, the Asia Pacific region was the leading region in the global air-based defense equipment manufacturing market, accounting for 29% of the market in 2018. However, Eastern Europe was the second foremost region accounting for 28% of the global air-based defense equipment manufacturing market. Meanwhile, the South America economy was the smallest region in the global air-based defense equipment manufacturing market.

The artificial intelligence algorithms are able to cooperate with the physical world, such as by functioning a vehicle, airplane, or vessel, if the algorithmic “brain” has been unprotected to adequate operational data. In other words, we are already in a place where the human operatives do not unavoidably demand to be in the mechanism. These “autonomous vehicles” can previously securely navigate between the points in “autopilot” mode to deprive of the human support by leveraging both prevailing and speedily emerging technologies such as big-data, cameras, sensors, active steering, cloud-sourced mapping, radar, GPS navigation, and lasers. In this way, it is suitable to vision autonomous vehicles as a speedily evolving application of machine learning and AI.

Furthermore, it is anticipated that the market of air-based defense equipment manufacturing will increase across the globe more positively over the coming years with the more and widespread developments in the technology of aircraft.

To Know More, Click On The Link Below:-

Global Air Based Defense Equipment Manufacturing Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249