India Hospital Furniture Market Outlook to FY’2025:- Ken Research

The report titled “India Hospital Furniture Market Outlook to FY’2025- By Type of Products (Hospital Beds, OT Tables, OT Lights, Stretchers and Others), By Organised and Unorganised Market, By End Users (Hospitals, Clinics and Diagnostic Chains and Home Healthcare Companies) provides a comprehensive analysis on the status of the hospital furniture manufacturing industry in India. The report covers various aspects including the market size, value chain, ecosystem, market segmentation by value and volume, industry structure in the country, demand and supply analysis, growth facilitators, bottlenecks faced by the industry, government initiatives and more. The report concludes with projections for future of the industry including forecasted market size & segmentation in terms of revenue by 2025, COVID-19 impact and analysts’ take on the future.

India Hospital Furniture Market Overview and Size:-

India is expected to rank amongst the top 3 healthcare markets in terms of incremental growth by 2020. Increasing public healthcare expenditure in India at a CAGR of 14.6% over the last 5 years and cost advantage over its peers in the West and Asia offering high- quality medical services has led to the increasing demand of hospital furniture by the hospitals and other end users. The India Hospital Furniture industry has grown at a CAGR of 7.0% on the basis of revenue over the period 2015-2020.  Growth of ~25% in medical tourism is one of the largest growth drivers for this industry. Medical tourism industry size has doubled from USD 3.0 billion in 2017 to USD 6.2 billion in 2018.

India Hospital Furniture Market Segmentations:-

By Type of Products: Hospital Beds contributed the major chunk of revenue in 2019 on the basis of revenue owing to the high sales volume. Motorized or electrical beds have been the most demanded furniture product for big private hospitals attributed to the growing number of patients requiring bariatric care as well as the rising geriatric population. OT Tables and OT lights are the other major segments owing to the high price associated with these products. Stretchers and other products contribute a smaller share owing to the low prices and low volume requirement.

By Organised and Unorganised Market: Unorganised segment dominates the revenue share because of the fragmented nature of the market and the lack of regulatory authority and guidelines. There is a need for conferring to benchmark for quality standards of devices which are lacking because of which poor quality products have captured a significant proportion of the market. It is anticipated that the industry will soon come under the umbrella of a recognized body to maintain the standards.

By End Users: Hospitals contributed the majority revenue share in the end-user segment. Low share of government spending and strong demand trends has led to increasing investment by private players.  Home healthcare is one of the growing segments as people are getting more and more aware about the benefits of availing healthcare services at home.

Competitive Landscape of India Hospital Furniture Market

The industry is highly competitive with around 220 manufacturing firms present in the market. The industry is still dependent on imports owing to the use of excellent quality and patient friendly products. Moreover, the raw material and the parts are imported majorly from China basis the low cost of products. The market is highly fragmented with the leading local players namely Midmark, Steelcraft, Narang Medical, PMT Healthcare, GPC Medical capturing <10.0% of the market share in FY’2019. These players compete on the basis of parameters such as product pricing, distribution network, product quality, clientele, partnerships, product innovation, customer support and more.

India Hospital Furniture Market Future Outlook & Projections

The hospital furniture industry is expected to recover from the Covid-19 pandemic and witness growth by end of 2021. The growth of end-user entities including hospitals and home healthcare companies is expected to drive the growth of the industry. Indian medical tourism industry is growing at the rate of 18% y-o-y and is expected to reach USD 9bn by end of 2020-21, thereby showcasing the need of healthcare establishments. The adoption of higher quality and technology-centric products by local manufacturers is also expected to increase over the forecast period. Government initiatives such as Make in India and Ayushman Bharat Scheme are expected to boost the healthcare furniture industry in India.

Key Segments Covered:-

By Type of Products

Hospital Beds (Manual and Motorized)

OT Tables (Local and Imported)

OT Lights (Local and Imported)

By Stretchers (Single Fold, Trolley Based and Hydraulic)

Others

By End Users

Hospitals

Clinics and Diagnostic Chains

Home Healthcare Companies

Companies Covered:-

Arjo Huntleigh

Hill-Rom Services Inc

Paramount Bed Holdings

Stryker Corporation

Narang Medical

Steelcraft Hospital Furniture Industries Pvt. Ltd. – Vissco Group

Midmark India Pvt. Ltd. (Janak Healthcare)

Getinge

GPC Medical

Qualisurge Surgicals (Bharat Surgical Co.)

ARVS (Cognate India)

PMT Healthcare

Key Target Audience:-

Hospital Furniture Manufacturing Companies

Hospital Furniture Exporting Companies

Hospital Furniture Importing Companies

Original Equipment Manufacturers

Consultancy Companies

Industry Associations

Regulatory Bodies

Time Period Captured in the Report:-

Historical Period – 2015-2020

Forecast Period – 2020-2025

Key Topics Covered in the Report:-

India Healthcare Industry Overview

Key Market Drivers- India Healthcare Industry

Industry Landscape- Indian Hospital Furniture Manufacturers

India Hospital Furniture Industry Size, FY’2015-FY’2020

Government Schemes & Initiatives for Healthcare Industry

Demand and Supply Side Analysis – Hospital Furniture Industry

Industry SWOT Analysis

Key Factors Determining the Choice of Hospital Furniture

Bottlenecks Faced by Hospital Furniture Industry

Import and Export Scenario- Hospital Furniture Market

Competitive Landscape of India Hospital Furniture Market

Future Market Size and Segmentations, FY’2020-FY’2025F

Covid-19 Impact on the Industry & the Way Forward

Analysts’ Recommendations

For More Information on the research report, refer to below link:-

India Hospital Furniture Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Rise in Demand of Water Sports & Navigation to Drive Water Scooter Market over the Forecast Period: Ken Research

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The water scooters are used as personal watercraft or the recreational watercrafts consisting of a platform over the riders can drive the water scooter. The water scooters are used movement or the adventure activities over the sea coasts and it also used by the force such as coast guards for patrolling and ensuring the safety & security over the beach coast. The water scooters demand mainly consists of water scooters or the jet skis are propelling the surface and underwater scooters. An upsurge over the demand for efficient water scooter and an increase in recreational activity registered a significant rise over the past years and is expected to grow substantially over the forecast period is creating a lucrative opportunity for market players.

According to the study, “Water Scooter Market by Application (Personal, Commercial, and Military), Propulsion Type (Fuel Operated and Battery Operated), and Vehicle Type (Underwater and Abovewater): Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global water scooter market are Bombardier Recreational Products (BRP), Kawasaki Motors Corp., U.S.A., DiverTug, Yamaha Motor Co., Ltd., Dive Xtras Inc., Dive Gear (a subsidiary of Nellis Engineering Inc.), Sub-gravity, Torpedo Inc., SUEX S.r.l., TUSA (a subsidiary of Tabata Co., Ltd.). The key companies have started offering various water scooters and diver propulsion vehicles (DPVs) owing to an increase in the inclination for water sporting and scuba diving. In addition, the demand for better, efficient, and robust water scooters for the long-distance range further propelling the growth of the market. The inorganic growth strategies associated with market including acquisitions, and partnerships & collaborations. Moreover, these strategies have now paved the way for the expansion of business and customer base. The key market players from the water scooter market are expected to drive lucrative growth opportunities for the water scooter market over the forecast period.

Based on the propulsion type, the water scooter market is segmented into battery operated and fuel operated. The battery-operated segment is expected to exhibit a higher CAGR owing to growth in technological advancements coupled with the introduction of new types of fuels for propulsion during the forecast period. Based on the application, the market is segmented into commercial, personal, and military. The commercial segment dominates the market due to continuous developments carried out in water scooters and a rise in inclination towards water sporting. In addition, based on vehicle type, the market is segmented into underwater and above-water.

The water scooter market is driven by a rise in the use of water scooters for underwater exploration, followed by the ability to increase the driving range, increase in inclination towards scuba diving & other water sport activity and wide range of applications of water scooters in rescue operations. However, underwater safety issues may impact the market. Moreover, the increase in recreational activity and upsurge in demand for efficient water scooters are key opportunities for the market.

Based on geography, the North-American is a leading region in the global water scooter market owing to a rise in trend for deep-sea diving using water scooter and extensive applications of water sporting in the region.

For More Information on the Research Report, refer to below links: -

Global Water Scooter Market Analysis

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Global Diving Underwater Scooters Market Research (2015-2019) and Future Forecast (2020-2025)

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Saudi Arabia E-Learning Market Driven by Entrance of Foreign Players and Government Initiatives: Ken Research

“Amplified demand from Higher Education has driven the growth of E-Learning market in Saudi Arabia.”

Developing Academic Environment Boosting E-Learning Market: The emergence of information and instructional technologies and their influence on teaching and learning has brought about significant changes in academic environment in Saudi Arabia. The new learning trend has made it mandatory to equip teachers in educational institutions with the necessary skills to cope with the new challenges. The developing skills among the teachers and trainers across the country have contributed towards improved quality of e-learning content. E-Learning companies in Saudi Arabia are providing training for the teachers for developing the academic environment along with the development in e-learning market.

Rising Initiatives by the Ministry of Education: The e-learning industry in Saudi Arabia is expanding owing to the rising initiatives by the Ministry of Education to improve quality education by providing modern teaching methodologies in the Kingdom. Ministry of Higher Education (MOHE) established Computer and Information Centre (CIC) to provide a range of ICT services to schools and educational centers across the country contributing to an increased access of e-learning services to these institutions. The MOHE has set up a repository for e-learning material to help universities adopt e-learning and e-books for engineering, medical, computer science and humanities courses, these are either planned or available and academics are able to receive training.

COVID-19 positively impacting the E-Learning Market: Saudi Arabia is witnessing a country wide lockdown owing to the COVID-19 with all the education institutions, offices and others shut. This complete lockdown has led the students and teachers in Saudi Arabia to shift to the E-Learning platforms to continue the education. The e-learning companies are witnessing a huge demand for content and technology services from higher education sector, corporate sector and K-12 Schools. The schools are delivering all the courses online and also conducting the test and assessment for the students on these e-learning platforms. The country is also witnessing an increase in the demand for the certification courses from the corporate sector.

Analysts at Ken Research in their latest publication “Saudi Arabia E-Learning Market Outlook to 2025: Rising initiatives by the Ministry of Education to Boost the E-Learning Market” believe that the e-learning industry in Saudi Arabia has been growing and is expected that it will expand further owing to the surging internet users, technological advancement in E-learning, increasing Smartphone penetration, Surge in number of distance learning users and various other factors. The market is expected to register a positive CAGR of 21% in terms of revenue during the forecast period 2020-2025F.

Key Segments Covered of E-Learning:-

By Content and Technology Services:-

Content Services

Technology Services

By End Users:

Higher Education

K-12

Corporate and Government Sector

Individual/Home User Segment

Others (preparation institutes, vocational colleges and technical training centers)

Key Segments Covered of Content Services Market:-

By Product Category:-

Multimedia

Open Courseware

Online Test and Assessment

By Type of Content Format:-

Video

Audio

Text

By Source:-

M-Learning

MOOCs

SPOC

Gamification

E-Books

Key Segments Covered of Technology Services Market

By Product Category:-

Learning Management System (LMS)

Smart Classroom

Smart Authoring Tool

By End Users of LMS:-

Higher Education

Corporate Sector

K-12

Others (preparation institutes, vocational colleges and technical training centers)

By Webbased and Installed LMS:

Webbased LMS

Installed LMS

Key Target Audience:-

E-Learning companies

Content companies

Technology companies

Education Institutions

Authoring Tool companies

Private Equity and Venture Capitalist

Industry Associations

Time Period Captured in the Report:-

Historical Period – 2015-2020P

Forecast Period – 2020-2025F

Companies Covered:-

Content Companies:-

New Horizon

K12

Alwasaet

Bakkah

Udacity

Edx

Nafham

Noon

Integrated Solutions for Business (ISB)

Harf Information Technology

Smartway

Edutacs

Dolf Technologies

Board Middle East (BME)

Classera

Edraak

Rawaq.org

Technology Companies:-

Naseej

Innovito

Integrated Solutions for Business (ISB)

Harf Information Technology

Smartway

Edutacs

Dolf Technologies

Board Middle East (BME)

Classera

Edraak

Rawaq.org

For More Information, refer to below link:-

Saudi Arabia E-Learning Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Future Of India Dental Insurance Market Growth: Ken Research

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Insurance may be a contract type that's represented by a policy. In insurance, a private or the entity receives financial reimbursement or protection just in case of loss over the insurance firm. Dental insurance may be a sort of insurance that covers dental health or the oral health of an individual. This insurance reimburses the dental costs incurred by patients. The high cost of dental procedures, that led to the prevalence of dental problems, and increasing awareness about dental insurance are fueling the demand for the dental insurance market.

Some leading players operating in the India dental insurance market include Chain Clinics, Sabka Dentist, Clove Dental, Health Insurance Companies, Apollo White Dental, Dental Insurance Company, 32 Dental, Max Bupa, Axiss Dental, Apollo Munich, Bajaj Allianz, ICICI Lombard, LIC, Bharti AXA, and Ocare. Dental insurance companies have been profiting from a rise in per capita earnings, the development of the working class, and a rise in the number of individuals with a high income. Dental insurance companies have further simplified their products & offerings and made them quite straightforward. This progress has made it demanding for purchasers of insurance to compare the terms of protection and therefore the policies being sold to them.

The India dental insurance market is split into insurance type, mode of distribution, and end-user. By insurance type, the dental insurance market is segmented into preventive, basic/minor, and major. the essential segment includes emergency look after pain relief, composite fillings (white fillings), re-cementing of dental crowns, amalgam fillings, sedative fillings, periodontal surgery, passage treatment, periodontal scaling and root planning, routine tooth extractions, crowns, chrome steel (prefabricated), and non-routine x-rays. Thus, the basic/minor segment is one of the key segments covering mostly both the important and customary dental procedures. The mode of distribution for the dental insurance market includes insurance agents, corporates, and online channels. The web channel segment is anticipated to point out a high rate of growth within the years ahead, due to the rise within the use of the web and electronic gadgets in every region. Based on end-user, the dental insurance market consists of individuals and families. Families dominate the market owing to the availability of family plans and lower costs of family plans as compared to the individual plans.

The India Dental Insurance Industry is supported by the economic development, changes activities by governments, strategies welcoming foreign investment, advancements in health care, positive demographic patterns, rise in salary levels, and an increase in awareness regarding dental care. Furthermore, the incorporation of advantages for information technology, cloud computing, data analytics, and other techniques is anticipated to speed up demand for dental insurance services globally. However, the dental insurance market may face some of the critical challenges related to extreme competition and really tough profit margins. Changing economic conditions have further led to a substantial amount of uncertainty in the global market. In the forecast period, it's expected that the Indian dental insurance market is expected to be lucrative owing to the growing awareness about care procedures and therefore the benefits of dental insurances and the growing prevalence of oral health problems in the country.

Companies Mentioned: -

Chain Clinics

Clove Dental

Apollo White Dental

32 Dental

Sabka Dentist

Axiss Dental

Health Insurance Companies

Apollo Munich

Max Bupa

ICICI Lombard

Bharti AXA

LIC

Bajaj Allianz

Dental Insurance Company

Ocare

Key Topics Covered in the Report: -

Overview of India Healthcare Infrastructure

Improvement in Infrastructure led by Private Players

Comparison of Healthcare Infrastructure with Developed Countries

Government Support

Overview of Dental Infrastructure in India

Patient Profile (Age-wise common Diseases, Prevalence of Diseases)

Challenges in Delivery of Oral Healthcare

Case Study of Clove Dental (Business Model, Operational Matrix, Financial Analysis)

Recent Investments in the Dental Industry

Evaluating Dental Infrastructure in Major Cities (Chennai, Bangalore, Delhi NCR, Mumbai, and Kolkata)

Number of Chain Clinics

Patient Profile of Chain Clinics

Prices of Common Treatment Procedures

Ticket Size per Visit

Macroeconomic Variables of City affecting Dental Insurance

Feasibility of Dental Insurance in India

Comparison of Dental Coverage in Top 6 Health Insurance Plans

Case Study of Ocare (Company Overview, Traditional Business Model, Success of Model, Strengths, Weaknesses, Insurance Plan, New Business Model, Current Status)

Interview with Dr. Neeraj Sheth, Founder and Group Director at Ocare

For More Information, Click on the Link Below: -

India Dental Insurance Industry

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Rise in Adoption of Internet of Things (IoT) and Smart Technologies Expected to Drive Global Data Fabric Market: Ken Research

Data Fabric is an advanced software approach designed for data movement and its management; by providing a customized set of capabilities and services, over a span a choice of endpoints and application ecosystems connected across the cloud and on the premises. Data fabric further simplifies and integrates the overall data management across the cloud and on-premises to accelerate the digital transformation.

According to study, “Data Fabric Market by Deployment (On-premise and Cloud), Type (Disk-based Data Fabric and In-memory Data Fabric), Enterprise Size (Small and Medium Enterprises and Large Enterprises), and Industry Vertical (BFSI, Telecommunications & IT, Retail, Healthcare, Manufacturing, Government, Energy & Utilities, Media & Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the data fabric market include Denodo Technologies, Software AG, Hewlett Packard Enterprise Company, Global IDs., IBM Corporation, Oracle Corporation, SAP SE, NetApp, Splunk Inc., and Talend.

Based in type of data fabric, data fabric market is segmented as in-memory data fabric and disk-based data fabric. Based on business application, market is segmented as governance, risk, and compliance management, fraud detection & security management, sales & marketing management, customer experience management, business process management and other applications. Based on deployment model, market is segmented as on-demand deployment and on-premises deployment. Based on enterprise size, market is segmented as small & medium enterprise and large enterprise. The small & medium scale enterprises are further expand to support the rapid market growth owing to large scale spur over the demand for the cloud-based data and on-demand fabric solutions with the time-efficient and cost-effective properties globally. In addition, based on industry vertical, market is segmented as telecommunications & IT, BFSI, retail, healthcare, government, energy & utilities, manufacturing, media & entertainment, and others. BFSI segment dominates the market because of increase in dependence on data generated from IT systems for financial transactions as well as the need for data security.

The data fabric market is driven by rise in need for business agility and accessibility, followed by increase in volume & variety of business data, growth in investment in research & development (R&D) of virtualization technologies and rise in demand for real-time streaming analytics. However, lack of integration with legacy systems and lack of awareness about data fabric may impact the market. Moreover, advancement of in-memory computing and increase in adoption of cloud are key opportunities for market.

Based on geography, the global data fabric market is being led by North-American region followed by European and Asian-Pacific regions. The technological advancements and rise in adoption of data management systems in North-American region is likely to lead the market. The market in Asian-Pacific region is anticipated to grow rapidly due to huge opportunities across industry verticals in APAC countries, especially India, China, and Japan over the forecast period. In upcoming years, it is predicted that future of the market will be optimistic on account of growth in adoption of Internet of Things (IoT) and smart technologies during the forecast period.

For More Information, Click on the Link Below:-

Global Data Fabric Market

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Ken Research                                    

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Growth in Development of Autonomous Vehicle Expected to Drive Global Drive by Wire Market: Ken Research

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A drive-by wire is a technology that makes use of key electronic systems to control a vehicle. It is also known as a semi-automatic computer-controlled advanced technology being widely used in the cars. This technology also employs the key electronics components such as sensors and actuators to efficiently control the vehicular system including the brake, steering, acceleration, handling, and fueling the engine demand.

According to study, “Drive by Wire Market by Application (Throttle By Wire, Shift By Wire, Brake By Wire, Park By Wire, and Steer By Wire), Vehicle Type (Passenger Car, Commercial Vehicle, Electric Vehicle, and Off-highway Vehicles) and Component (Actuator, Electronic Control Unit (ECU), Engine Control Module (ECM), Electronic Throttle Control Module (ETCM), Electronic Transmission Control Unit (ETCU), Feedback Motor, Parking Pawl, Sensors, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026” . Some of the key companies operating in the drive-by-wire market include Continental AG, ZF Friedrichshafen, Robert Bosch GmbH, Nissan Motor Corporation, Nexteer Automotive Group Limited, DENSO Corporation, Kongsberg Automotive, Curtiss-Wright Corporation, Ficosa Corporation (Panasonic Corporation), Hitachi Automotive.

Based on vehicle type, drive by wire market is segmented as a commercial vehicle, passenger car, off-highway vehicle (agriculture tractor, forklift, and construction & mining equipment) and electric vehicle. The passenger car is expected to register the high sales of the premium & luxury vehicles equipped and driven by the wire systems offering and high performance along with the safety and comforting features. Based on sensor type, the market is segmented as throttle position sensor, gear shift position sensor, throttle pedal sensor, brake pedal sensor, pinion angle sensor, hand wheel angle sensor, and park sensor. Based on components, the market is segmented as electronic control unit (ECU), actuator, electronic throttle control module (ETCM), feedback motor, electronic transmission control unit (ETCU), engine control module (ECM), sensors, parking pawl, and others. ECU segment dominates the market because of its usage in every drive by wire application and its cost compared to other elements makes it the best market. In addition, based on application, the market is segmented as shift by wire, throttle by wire, steer by wire, brake by wire, and park by wire. Steer by the wire segment is consisting of embedded software, the integrated electronic control unit, and control network bus interface, reducing the need for the maintenance services over the drive-by the-wire system. This system will also consist of the electronic encoders that have sensors to track the steering wheel movement.

The drive by the wire market is driven by the growth of connected infrastructure, followed by a rise in the development of autonomous vehicles. However, the Threat of data hacking and malfunctioning and high cost of drive-by-wire systems may impact the market. Moreover, growth in the development of smart cities is a key opportunity for the market.

Based on geography, the North-American and European regions hold a major share in drive-by-wire market owing to an increase in awareness among the people in the regions. Whereas, the Asian-Pacific region is estimated to exhibit substantial growth rate due to drastic changes in the economy coupled with growth in the automotive industry over the forecast period.

For More Information on the Research Report, refer to below links: -

Global Drive by Wire Market Analysis

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Contact Us: –

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249