Dissimilar and Profitable Trends in Mobile Phone Accessories Market Outlook: Ken Research

 The Mobile phone plays an imperative role in the modern day to day life. During the recent trend, phones enable its users to admittance internet, take pictures, and listen to music, as well as feature as storage devices. The worldwide mobile phone accessories market is projected to witness significant growth in the future, due to augment in the purchasing power and fluctuations in lifestyles of the people.

According to the report analysis, ‘Mobile Phone Accessories Market by Product Type (Battery, Headphone/Earphone, Portable Speaker, Charger, Memory Card, Protective Case, Power Bank, Battery Case, Screen guards, Popsockets, and Others), Distribution Channel (Online and Offline), and Price Range (Premium, Mid, and Low): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the mobile phone accessories market there are several companies which presently operating more effectively for leading the fastest market growth and registering the handsome value of market share around the globe in the near years while spreading the awareness related to the applications, benefits and features of such, developing the applications and productivity of such, delivering the better consumer satisfaction, decreasing the price, implementing the profitable strategies, studying and analyzing the strategies of the government and competitors, employing the young work force and improving the specifications of the production technologies includes Panasonic Corporation, Sennheiser Electronic GmbH & Co. KG, Sony Corporation, Samsung Electronics Co., Ltd., Apple Inc., Bose Corporation, BYD Co Ltd., Plantronics, Inc., Energizer Holdings, Inc., JVC Kenwood Corporation and several others.

The speedy technological advancement of smartphones, powered with AI, sensors, and several others, has made it an imperative part of our private and professional life. In the present digital era, we are greatly dependent on our smartphones for several day to day personal and professional activities. For instance, now a days compensating our utility bills, travel & groceries expenses, and several others, can straightforwardly be tracked and supervised through one click in smartphone. . Also, the online delivery people, sales people, and several other vendors, utilize it for tracking the products or locations, and also for gathering purposes. Moreover, the features such as handsfree and several others create the need of headsets and earphones urge the user to purchase these mobile accessories. Furthermore, the fragile frame and display screen of mobile propel the users to purchase protecting case and screen guards as well. Such protective trappings are produced in terms of design and quality to fascinate users. Therefore, the augment in penetration of smartphone augments the mobile accessories market as well.

The increasing vertical of media and entertainment has brought developed photographic and video graphic mobile phone accessories. The imaging accessories utilized in smartphones likewise tripods, stabilizer stands, phone lenses, instant photo printer, and several others. Further, dissemination in the utilization of social media applications such as Facebook, Instagram, and several others has elevated the number of casual photographers, which is projected to boost the market of photo and imaging mobile accessories. Furthermore, the advancement in miniaturization of photo and printing accessories such as HP Sprocket photo printer, that deliver the instant printouts connected over mobile phone and can be quartered in the pockets of users deliver ease of handling and excellence. In addition, the infotainment websites and applications utilized in smartphones likewise YouTube offers mementos and money to encourage its users who have high-end public ratings. Therefore, the dissemination of social media application and its penetration amongst the users is projected to boost the growth of the mobile accessories market throughout the projected period.

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Global Mobile Phone Accessories Market

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Increase in Demand for Better Picture Quality and Wireless Transmission Platforms Expected to Drive Global OTA Transmission Platform Market: Ken Research

OTA is a form of wireless transmission platform being widely used over the broadcasting industry. It is widely being used in the television and the radio platforms over the broadcasting channels wirelessly. The advancement in technology, and broadcasting industry further broadcasting the channel platform by adopting it over the advanced technology transmission platforms. One of the key technology being used over the OTA transmission platform as ARTC 3.0, which is just next-generation transmission platform being deployed over the advanced error correction associated to the physical layer and the new technologies designed to generate wireless data over an IP delivery system. The advanced transmission platforms over-the-air would further change delivery platforms audio, video and other services over the forecast period.

According to study, “OTA Transmission Platform Market by Component (Platform and Services) and Platform Type (Television, Radio, Mobile, and Streaming Devices): Global Opportunity Analysis and Industry Forecast, 2018-2026”. Some of the key companies operating in the global OTA transmission platform market are AirTV L.L.C, GatesAir Inc., Channel Master, Gemalto NV, LG Electronics Inc., Harmonic, Inc., One Media 3.0, LLC, SK Telecom Co., Ltd., Sinclair Broadcast Group, Inc., and TiVo Corporation. The companies are further exploring the market by mergers & acquisitions, expansions, investments, new service launches and collaborations are some of the preferred strategies being adopted.

Based on component, OTA transmission platform market is segmented as services and platform. Platform segment is further sub-segmented as television, supply chain management, mobile, radio, streaming devices and others. Radio segment dominates the market owing to increase in government intervention in the digitization of radio signals and broadcasting. Based on services, market is segmented as installation services, consulting services and support or maintenance services. In addition, based on end-user, market is segmented as media & entertainment, information technology (IT), healthcare, education, individual and others.

The OTA transmission platform market is driven by rise in need for enhanced channel presentation and operations efficiency, followed by increase in demand for better picture quality & wireless transmission platforms and rise in adoption of technologies in various verticals. However, lack of sufficient OTA infrastructure may impact the market. Moreover, increase in research & development (R&D) spending or IT investment in broadcasting industry and growth in advent of ATSC 3.0 standards are key opportunities for market. Furthermore, rise in demand for online/on-demand content services is a major trend for market.

Based on geography, the North-American is a prevalent region in global OTA transmission platform market owing to presence of major market players and growth in developments in OTA transmission platform in the regions. Whereas, the Asian-Pacific region is anticipated to exhibit considerable growth rate due to surge in involvement of government for digitization of television broadcasting and radio signals over the forecast period. In upcoming years, it is projected that future of the market will be bright because of rise in demand for subscription video on demand (SVoD) services provided by numerous over-the-top media services providers such as Netflix, Disney+, and Amazon Prime video during the forecast period.

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Global OTA Transmission Platform Market

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Rise in Demand for Dairy Beverages Expected to Drive Global Fermented Milk Market over the Forecast Period: Ken Research

 The fermented dairy products are one of the major sources of probiotic bacteria. It is prepared by inoculation of culture and other enzymes that convert lactose to the lactic acid. The fermentation of milk further involves the addition of lactic acid bacteria such as Lactobacillus over the dairy products that increases the shelf life and further enhancing the taste and improving the digestibility of milk. The Fermentation process is further facilitated by adding a number of bacteria such as Lactobacillus, Lactococcus, and Leuconostoc that breaks down milk proteins. Moreover the fermented milk further helps in reducing the blood pressure, cholesterol and thereby preventing the cancer growth. Moreover, it is further used in the cosmetic industry for the ailment against the canker sores, sunburns, skin ulcers, and many others.

The fermented milk consists of dairy products such as kefir, cheese, sour cream, yogurt, and many more. The fermented milk products further provides the benefits associated to the enhanced digestibility, new and unique flavor, added probiotics, vitamins, minerals and preservatives that and the extended product shelf life. Moreover, it is further gaining the popularity among the health conscious consumers owing to the health beneficial attributes.

According to study, “Fermented Milk Market by Type (Cheese, Yogurt, Butter, Sour Cream, and Others) and Distribution Channel (Specialty Stores, Supermarket & Hypermarket, and Online Stores): Global Opportunity Analysis and Industry Forecast 2019-2026”. Some of the key companies operating in the global fermented milk market are Danone, Britannia Industries Limited, ParmalatS.p.A., Nestle,Yakult, Yoplait , Arla Foods, Chobani LLC, Muller, and FrieslandCampina.

Based on type, fermented milk market is segmented into yogurt, sour cream, kefir, cheese, and others. Based on packaging type, market is segmented into cartons, pouches, tubs, and others. In addition, based on distribution channel, market is segmented into store-based and non-store-based. The store-based segment is further sub-segmented into convenience stores, hypermarkets & supermarkets, and others.

The fermented milk market is driven by rise in awareness among people for losing weight, followed by increase in health awareness of fermented milk market and rise in demand for dairy beverages. However, increase in awareness for vegan products and harmful additives & ingredients in yogurt may impact the market. Moreover, rise in trend for organic yogurt and increase in demand of fermented milk in the developing nations are key opportunities for market.

Based on geography, the North-American and European regions are known to be the dominant regions in the fermented milk market owing to rise in demand from consumers, surge in per-capita income and rise in health awareness in the regions. Whereas, the Asian-Pacific region is expected to witness higher growth rate due to surge in the number of millennials and rise in demand for various types of fermented milk products for instance butter and cheese consumed in fast food products over the forecast period. The fermented milk market size was valued at US $264.77 billion in 2018, and is anticipated to reach US $396.87 billion by 2026, growing at a CAGR of 5.1% from 2019-2026.

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Global Fermented Milk Market

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Different Trends in Hearables Market Outlook: Ken Research

 The Hearables is an electronic device that is premeditated for multiple commitments that range from wireless transmission to communication commitments, fitness tracking, and medical observing. Hearables are highlighted with biometric, proximity, movement, and several other sensors that allow them to gain context about user. Hearable devices are precisely advanced electronic devices that are structured for several purposes ranging from wireless transmission to communication objectives. Also, such devices perform several functions such as heart rate pursuing voice based personal assistants, contextual location-based suggestions, environment-based noise suppression or audio development, and gesture & touch-based control along with is principal function of listening to the audio signals.

According to the report analysis, ‘Hearables Market by Products (Headsets, Earbuds, Hearing Aids), Type (In Ear, On Ear, and Over Ear), Connectivity Technology (Wired and Wireless), and End User (Consumer, Industrial, and Healthcare): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the hearables market there are several companies which presently operating more actively for leading the fastest market growth and dominating the great value of market share around the globe while analyzing and studying the policies and strategies of the competitors, implementing the profitable strategies, spreading the awareness related to the applications of such, decreasing the linked prices, advancing the applications of such, delivering the better consumer satisfaction, employing the young work force and improving the specifications of the production technologies includes Apple, Inc, Bose Corporation, BRAGI GmbH, Koninklijke Philips N.V., Samsung Electronics Co., Ltd., Sony Corporation, Sennheiser Electronic GMBH & Co., KG, Skullcandy, Inc, Jabra (GN Store Nord A/S), LG Electronics and several others.

The worldwide hearables market size was worth at USD 21.20 billion in 2018, and is projected to reach USD 93.90 billion by 2026, increasing at a CAGR of 17.2% from 2019 to 2026. The Headphones have progressed and witnessed vast enhancements in terms of technology over the years. Modification in preference of regulars from wired headphones to wireless headphones is probable to affect the market significantly. Wireless communication via Bluetooth technology has been a development for headphones. This is accredited to the fact that wireless headphones are allowed with Bluetooth and Wi-Fi technology, which allow the users to connect their phones to other devices and headsets.

Whereas, the surge in requirement for miniaturized wearable electronic devices for health observing is also propelling the market growth. However, adversative effect on hearing ability owing to overuse of headphones and great cost of industrial hearable can hinder the market growth. In addition, the hearable computing is a next emerging technology, which encourages hands-free calling and communication, guarantees voice communication in a piercing environment, and delivers a solution by combining signals from in-ear and exterior microphones.

Not only has this, the increase in requirement for wireless headphones and infotainment devices is majorly underwriting to the hearables market growth, due to shift in preference of customers from wired headphones to wireless headphones, as wireless headphones are allowed with Bluetooth and Wi-Fi technology, which allow the users to connect their phones to other devices and headsets. Therefore, in the near years, it is predicted that the market of hearables will increase around the globe more effectively over the coming years.

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Global Hearables Market

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Developing Scenario of Electric Actuator Market Outlook: Ken Research

 The Electric actuators are effectively utilized for all factor of remote manual control and some automatic control loops in concurrence with electronic control equipment. The electric actuator encompasses three units likewise motor unit, drive unit, and gear unit. Motor unit is utilized for functioning small valves, whereas gear unit has controlled gear ratios that resolute in conjunction along the motor size and drive unit.

According to the report analysis, ‘Electric Actuator Market By Type (Linear Actuator and Rotary Actuator) and End User (Oil & Gas, Energy & Power, Automotive, Aerospace & Defense, Water & Wastewater, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the electric actuator market there are several companies which presently operating more effectively for leading the fastest market growth and dominating the handsome value of market share around the globe during the forthcoming duration while studying and analyzing the strategies and policies of the government and competitors, developing the applications and features of such, advancing the specifications of the production technologies, spreading the awareness related the awareness related to the applications and benefits of such, delivering the better consumer satisfaction, decreasing the linked prices, and employing the young work force includes Emerson Electric Co., Flowserve Corporation, Curtiss-Wright Corporation, ABB, Rotork, General Electric, AUMA Riester GmbH & Co. KG, Moog Inc, Ewellix, Actuonix Motion Devices and several others.

According to the estimations, the existing business scenario of the electric actuators exhibits an expansion in the utilization of hydraulic press machinery, due to various aspects such as augment in requirement from the oil & gas industry, as the oil & gas industry is witnessing an augment in requirement of electric linear actuators, growth in the water and wastewater treatment industry, and augment in safety measurements across industries.

The proficient impacting aspects in the electric actuator market involve the surge in requirement from the oil & gas industry, growth in water and wastewater treatment industry, technologically advanced treating methods, gradual augment in the need for automation in the procedure industries, and augment in investments by the emerging regions in the oil &gas industry. However, augment in the competition from domestic manufacturers is projected to restrict the growth of the electric actuator market. Each of these factors is projected to have a definite impact on the electric actuator market throughout the forecast duration.

Furthermore, as the worldwide automotive industry continues to increase, the requirement for automated production is also enlarging to control quality and production prices. As a result of this augmented automation, several automotive producers employ electric linear actuators in dissimilar automotive manufacturing processes. These actuators are utilized in several vehicle assembly progressions involving pressing, elevation, conveying cutting, bending, stamping, and lifting. Apart from this, other application involves opening and closing of vehicle doors, robotic spot welding, assembly unrelenting, robotic dispensing, and compressing and fixtures in the automotive industry. Such actuators deliver the high accuracy, high speed, and high reliability. This is potentially propelling the market growth rate for the electric linear actuators in the worldwide market. Therefore, in the near years, it is predicted that the market of electric actuator will increase around the globe more effectively over the inflowing duration.

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Global Electric Actuator Market

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Landscape of Baby Nail Trimmer Market Outlook: Ken Research

 Over the past couple of years, the parents of newborn child have been very cognizant about their child's health and hygiene aspect. As a result, such parents have a holistic method when they deliberate purchasing different forms of hygiene or baby personal care products. Since grownup nail causes infection and bruises on infant's face, baby's nails require to be trimmed from time to time. Thus, increase in concern over infant's hygiene propels the demand for baby nail trimmers amongst the concerned parents.

According to the report analysis, ‘Baby Nail Trimmer Market by Product Type (Traditional and Electric) and Distribution Channel (Hypermarket/Supermarket, Specialty Store, and Online Store): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the baby nail trimmer market there are several corporates which presently operating more effectively for leading the highest market growth and registering the handsome value of market share around the globe throughout the inflowing years while implementing the profit making strategies and policies, delivering the better consumer satisfaction, analyzing and studying the strategies of the competitors, decreasing the linked prices, spreading the awareness related to the benefits of such, decreasing the linked prices, advancing the specifications of the production technologies and employing young work force includes ZoLi Inc., Green bell, Buy Buy Baby, Inc., Frida, TUNG LING INDUSTRIAL Co. (Piyo Piyo Nail Trimmer), Little Martin's Drawer, Bed Bath & Beyond Inc., TOMY International, Inc., Momadise., Bubs n Tots and several others.

In addition, the worldwide baby nail trimmer market was worth at USD 23.9 million in 2018 and is anticipated to reach USD 43.1 million by 2026, increasing at a CAGR of 7.8% from 2019 to 2026. However, over the past couple of years, there has been an effective increase in demand for dissimilar types of baby care products involving baby nail trimmers. Taking the benefit of situation, there are producers in the market that avail its products to be branded and capacities of greater efficiency. However, in reality such products are being advertised by third party merchants with false claims. This results in loosing consumer loyalty and more prominently customer base. Hence, the accessibility of counterfeit products ultimately hampers the entire growth of the market.

Although, there are dissimilar forms of baby nail trimmers accessible in the market. These involve standard nail clippers, baby-sized nail scissors, electric nail files, and several others. However, even when it comes to trimming of infant's nails, parents are apprehensive over the injury and bruises occurring throughout the process. Taking such concerns of the parents into consideration, baby nail trimmer producers have been coming up with the innovative products that feature supplementary customization. For instance, Safety First Sleepy Baby Nail Trimmers comes features an in-built LED, which is also well-known as Nighttime Trimmer. Such products simplify convenient trimming of nails when the baby is sound asleep. As a result, the accessibility of innovative products attract greater number of customers based in worldwide baby nail trimmer market. Therefore, in the near years, it is predicted that the market of baby nail trimmer will increase around the world more actively over the upcoming years.

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Global Baby Nail Trimmer Market

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Effective Developments In Nephrology Devices Market Outlook: Ken Research

The Nephrological devices are well-defined as the machines that are engaged for the cure of nephrologicalsyndromes. The nephrological disorders that are cured utilizing the nephrology devices involve the renal failure, interstitial nephritis, and chronic kidney disease. In addition, the nephrological devices are utilized to function several functions in the treatment of dissimilar nephrological conditions. For instance, in patients with renal disappointment, devices such as dialysis machines are used to filter toxins from blood. Correspondingly, lithotripter is engaged in the treatment of patients suffering from the kidney stones. The machine functions by pulverizing the stones with the support of electromagnetic shock waves.

According to the report analysis, ‘Nephrology Devices Market by Device Type (Dialysis Instrument, Lithotripter, Dialysis Catheters, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the nephrology devices market there are several companies which presently functioning more effectively for leading the fastest market growth and dominating the handsome value of market share around the globe while spreading the awareness related to the nephrology devices, decreasing the linked prices, advancing the applications of the cure, developing the specifications of the technology, delivering the better consumer satisfaction, implementing the profitable strategies and analyzing the strategies and policies of the government and competitors includes Baxter International, C.R.Bard, Fresenius Medical Care, Nikkiso Co. Ltd, Dornier Medtech, Asahi Kasei Corporation, DaVita, Nipro Corporation, Cantel Medical Corporation, B. Braun Melsungen AG and several others.

In addition, the growth of the worldwide nephrology market influenced by surge in geriatric population and increase in the prevalence of chronic kidney diseases around the globe. Furthermore, modernization in the nephrology devices and growth in the healthcare expenditure propel the growth of the market. However, great cost associated of these devices restrains the growth of the worldwide market. On the contrary, increase in awareness about the assistances associated with the nephrology devices such as decreased treatment and recovery time amongst the renal disease patients is projected to provide remunerative opportunities for market enlargement throughout the forecast period.

Not only has this, the North America registered for the major nephrology device market share in 2018, and is projected to continue this trend due to tranquil availability of nephrology devices. Moreover, outpouring in geriatric populace which is more predisposed to nephrological disorders is another foremost factor that boosts the growth of nephrological devices market across North America. However, Asia-Pacific is projected to register the fastest growth throughout the forecast duration, owing to surge in awareness related to the usage of nephrology devices. Moreover, the continuously progressing life science industry propels the growth of the market in the underdeveloped economies such as India, China, and Malaysia. Furthermore, the effective increase in the prevalence of kidney disappointment and end-stage renal syndromes has resulted in clinical urgency for devices that can developed the existing patient outcomes and curb long-term costs linked with treatment of kidney diseases. Therefore, in the coming years, it is predicted that the market of nephrology devices will increase around the globe more effectively over the upcoming duration.

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Global Nephrology Devices Market

Related Report:-

United States Nephrology and Urology Devices Market Outlook to 2023-Incontinence Devices, Lithotripters and Renal Dialysis Equipment

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Changing Trends in Prostate Cancer Treatment Market Outlook: Ken Research

 The Prostate cancer is a form of cancer that advances in the male reproductive system. It is asymptomatic, and develop slowly at its earliest stages. In addition, it is the second most common cancer in the male after skin cancer. In case of cure, the initial stage of the prostate cancer are cured by the radiation therapy, and for the end stages, where tumor has blowout beyond the prostate gland, drug therapies are suggested. The drug therapies involve the chemotherapy, biological therapy, and hormone therapy. Xtandi and Zytiga are the foremost therapeutic drugs that are utilized for the cure of prostate cancer.

According to the report analysis, ‘Prostate Cancer Treatment Market by Drug Type (Chemotherapy, Biological Therapy, Hormone Therapy, and Others) and Distribution Channel (Hospital Pharmacies, Drug Stores & Retail Pharmacies, and Online Pharmacies): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the prostate cancer treatment market there are several corporates which presently operating more effectively for dominating the greatest value of market share and leading the highest market growth during the near duration while accepting the policies of profit making, advancing the applications of the prostate cancer treatment, developing the specifications of the technologies, employing the young work force, analyzing and studying the strategies of the government and competitors, spreading the awareness related to the features of such, and decreasing the linked price includes Astellas Pharma Inc., AstraZeneca plc, Bayer AG, Bristol-Myers Squibb Company, F. Hoffmann-La Roche AG, Ferring Pharmaceuticals Inc., GlaxoSmithKline Plc, Ipsen Pharma, Johnson & Johnson, Takeda Pharmaceutical Company Ltd and several others.

Whereas, the worldwide prostate cancer treatment market was worth at USD 6,887 million in 2018, and is predicted to reach USD 9,904 million by 2026, dominating a CAGR of 4.6% from 2019 to 2026. However, substantial increase in pervasiveness of prostate cancer, increase in the geriatric population, surge in awareness amongst the people regarding the treatment of prostate cancer, augment in the demand for prostate cancer treatment products, and growth in the uptake of hormonal agents in non-metastatic castration resistant (nmCRPC) & metastatic hormone nave (mHNPC) prostate cancer settings are the foremost factors that influence the growth of the prostate cancer treatment market. Not only has this, convenience of fresh prostate cancer treatments, robust emerging pipeline drugs, developed R&D investment by drug innovators, improved diagnosis & incidence rates in developed economies, augment in the generic products, and increase in the pharmaceutical industries & diagnostic centers around the globe underwrite toward the growth of the market. Meanwhile, the prolonged treatment durations and poor requirement for prostate cancer treatment drugs in underdeveloped countries are projected to restrict the growth of the market.

Though, the Asia-Pacific presents lucrative opportunities for the foremost players operating in the prostate cancer treatment market, due to growth in awareness concerned prostate cancer treatment and growth in implementation of the prostate cancer treatment products. Moreover, speedy advancement in the healthcare infrastructure, increase in number of hospitals equipped with advanced medical facilities, advancing the R&D sector, growth in the healthcare reforms, and technological advancements in the field of healthcare further underwrite to the market growth. Therefore, in the near years, it is projected that the market of prostate cancer treatment will be growing more effectively over the forthcoming years.

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Global Prostate Cancer Treatment Market

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Rise in Number of Chronic Venous Leg Ulceration (VLU) Patients Expected to Drive Global Compression Stockings Market: Ken Research

The compression stockings are primarily designed hosiery products which helps in improvising the blood flow to legs, blood clotting, and preventing the progression of various venous disorders and conditions. These products consist of compression garments used in the lower extremities, especially around the legs, these help in compressing the limb. The compression further decreases the diameter of swollen veins & boosts the velocity of venous blood and valve effectiveness. This form of therapy prevents venous stasis and venous walls impairment, relieves aching and heavy legs, and decreases venous pressure.

According to study, “Compression Stockings Market by Type (Knee High and Thigh high), Demography (Men and Women) and Distribution Channel (Departmental Stores and E-commerce): Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global compression stockings market are Creswell Sock Mills,Spanx Inc., 2xu Pty Ltd., Triumph International Corporation, Leonisa, Ann Chery, I-Runner, Colfax Corporation (DJO Global), European Lingerie Group, and Zhende Medical Group.Some of the key manufacturers are now actively involved in the new product launch and the acquisition of companies designed to gain a larger market share for the compression socks market. The investments towards the product development and the overall collaboration with the various healthcare organizations some of the key strategies that is being adopted by manufacturers.

Based on product type, compression stockings market is segmented into thigh high compression stockings, knee high compression stockings, and pantyhose compression stockings. The knee-high segment is estimated to register the fastest CAGR due to availability of the product in various designs and attractive colors during the forecast period. Based on size, market is segmented into small size, medium size and large size. Based on demography, market is segmented into men and women. Based on condition, market is segmented into lymphedema, venous disorders, sports-related injuries, and others. In addition, based on distribution channel, market is segmented into hospital pharmacies & clinics, online specialty stores, retail stores, and others.

The compression stockings market is driven by rise in number of chronic venous leg ulceration (VLU) patients, followed by change in lifestyle, rise in demand from geriatric population and growth in advancement in fabrics and garments designs. However, Rise in awareness of probable side effects of compression garments may impact the market. Moreover, rise of social media marketing and continuous product innovation are key opportunities for market.

Based on geography, the North-American region dominates the compression stockings market owing to ongoing efforts by government & non-government organizations for creating awareness about conditions for instance venous disorders, lymphedema, etc. in the region. Whereas, the Asian-Pacific and European regions are likely to exhibit significant growth rate due to rise in incidence of venous disorders among the population over the forecast period. In upcoming years, it is expected that future of the market will be optimistic because of rise in number of health conscious consumers during the forecast period. The Compression Stockings market size was valued at US $1.6 billion in 2018 and is anticipated to reach US $2.4 billion by 2026, registering a CAGR of 5.6% from 2019-2026.

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Global Compression Stockings Market

Related Report:-

Global Compression Stockings Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

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Increase in Prevalence of Psoriatic Arthritis Expected to Drive Psoriatic Arthritis Treatment Market: Ken Research

The Psoriatic arthritis is a joint disease associated to psoriasis it affects the skin and musculoskeletal system. It is caused by genetic and environmental factors. Some of the key symptoms include swollen toes, fingers, and tender joints, lowered back pain, pitted nails, and stiffness of psoriatic arthritis. Diagnosis of the psoriatic arthritis is largely done by the tests associated to joint fluid test, X-ray, rheumatoid factor (RF), and magnetic resonance imaging (MRI). Psoriatic arthritis is majorly treated with the drug such as NSAIDs, disease-modifying antirheumatic drugs (DMARDs), biologics, and immunosuppressant drugs.

According to study, “Psoriatic Arthritis Treatment Market by Drug Type (NSAIDs, DMARDs, Biologics, and Others), Type (Prescription, and OTC), and Route of Administration (Topical, Oral, and Injectable): Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global psoriatic arthritis treatment market are Amgen Inc., Bristol-Myers Squibb Company, AbbVie Inc., Celgene Corporation, Johnson & Johnson, Eli Lilly And Company, Merck & Co Inc., Pfizer Inc., Novartis AG, and UCB S.A. Strategic initiatives including mergers and acquisitions, collaborations, partnerships, and joint ventures make a cumbersome market dynamics among the key players.

Based on drug type, psoriatic arthritis treatment market is segmented into Disease Modifying Anti-Rheumatic Drugs(DMARDs), Nonsteroidal anti-inflammatory drugs (NSAIDs), biologics, and others. The biologics segment dominates the market owing to surge in adoption of biological therapies, rise in demand & higher acceptability for innovative therapies, and availability of generic biologic drugs. Based on type, market is segmented into Over-the-Counter (OTC) and prescription. In addition, based on route of administration, market is segmented into oral, topical, and injectable. The injectable segment is predictable to exhibit substantial growth rate due to surge in research & development (R&D) to develop novel drugs, rise in healthcare budgets of developed & developing countries, increase in awareness toward psoriatic arthritis treatment, reimbursement available for injectable drugs and increase in consumption of injectable psoriatic arthritis treatment drugs during the forecast period.

The psoriatic arthritis treatment market is driven by increase in number of pipeline drugs, followed by rise in prevalence of psoriasis & psoriatic arthritis disease, increase in R&D activities to develop new products for effective treatment of psoriatic arthritis, surge in awareness toward availability of treatment for psoriatic arthritis, increase in risk of diseases, frequent product launches by key players and increase in government expenditure on healthcare. However, high cost of treatment and lack of standardization tools for diagnosis may impact the market.

Moreover, based on geography, the North-American is a leading region in global psoriatic arthritis treatment market owing to commercial sales of products in the U.S., proactive government initiatives, presence of key manufacturers in the region. Whereas, the Asian-Pacific is anticipated to be one of the fastest-growing regions due to growth in economic development, increase in disposable income, improvement in healthcare infrastructure, and rise in consumer awareness over the forecast period. The psoriatic arthritis treatment market was valued at US $7,860 million in 2018, and is expected to reach at US $13,744 million by 2026, registering a CAGR of 7.2% from 2019-2026.

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Global Psoriatic Arthritis Treatment Market

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Ankur Gupta, Head Marketing & Communications

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+91-9015378249