Global Automotive OEM Coatings Market Is Predicted to Propel Owing to Surge in Demand for Recreational Vehicles among Youngsters: Ken Research

Automotive coatings are utilized to coat the surfaces of automobiles and demonstrate the futuristic technologies, which are capable of manufacturing durable surfaces, maximizing entire efficiency while meeting environmental norms. Moreover, they improve the complete durability and appearance of a vehicle and also protection it from UV radiation, extreme temperature, and foreign particles.

According to the report analysis, ‘Global Automotive OEM Coatings Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)’ states that Valspar Corporation, Beckers Group, Clariant AG, Cabot Corporation, Lord Corporation, Eastman Chemical Company, Solvay S.A, Royal DSM, Deft, Inc., Berger Paints, Jotun A/S and many more are the foremost companies which presently working in the global automotive OEM coatings market more proficiently over the review period more proficiently for registering the great value of market share, generating the highest percentage of revenue, leading the highest market growth, obtaining the competitive edge and keep maintaining the governing position by analysing the strategies and policies of government as well as contenders, implementing the policies of profit making and strategies of expansion, establishing the several research and development programs, improving the qualitative and quantitative measures of such, increasing the features and benefits of automotive OEM coating, spreading the awareness connected to the applications and advantages of automotive OEM coating, delivering the better customer satisfaction and decreasing the associated prices of such.

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The passenger cars segment proposes the maximum market potential in the automotive OEM coatings market, due to augment in requirement for passenger cars and general utility vehicles around the globe with growth in public transportation expenditure and augment in inclination of consumers towards efficient and easy transportation requirement boost the overall requirement for automotive OEM coatings in the passenger cars segment. The usage of automotive OEM coatings in light commercial vehicles has witnessed foremost developments, due to constant growth in per capita disposable incomes and augment in requirement for commercial utility vehicles. The passenger cars segment is projected to register a CAGR during the forecast duration. However, augment in concerns connected to the environmental hazards associated with the solvent-borne automotive coatings may affect the complete the market growth in the developed and the developing countries, but investments in R&D in new production alternatives are projected to deliver the opportunities for growth in the future.

The speedy urbanization and upsurge in personal mobility requirements are projected to boost market growth. Automotive OEM coatings possess benefits such as higher reliability, longer equipment life cycle, maintenance cost deduction, and low toxic emissions. Moreover, the augment in the public transportation expenditure and adaption of the automotive coating by end-users are some aspects imposing a positive outlook on the market growth. 

Also, an augment in the consumption of powder coatings, due to its excellent characteristic properties, such as lowering emissions of volatile compounds and comparatively thicker layer as associated to traditional automotive coatings, is projected to drive the global Automotive OEM Coatings Market. Therefore, it is predicted that during the near period the market of automotive OEM coating will augment more proficiently over the review period.

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MEA Digital Transformation Market Is Predicted to Propel Owing to Increasing Adoption of Various Technologies: Ken Research

Digital transformation is the efficient procedure of integrating digital technologies into the business functions which are connected to their products and services, customers, workforce optimization, infrastructure, and financial functions. These digital technologies are cloud computing, big data analytics, artificial intelligence, IoT, blockchain, and many others.

According to the report analysis, ‘MEA Digital Transformation Market: Current Analysis and Forecast (2021-2027)’ states that IBM Corporation, Cognizant, SAP SE, Dell Corporation, Microsoft Corporation, Adobe Systems Incorporated, Accenture PLC, Capgemini, Oracle Corporation, and Google Inc are the foremost key companies which recently operating in the MEA digital transformation market more proficiently for ruling around the globe, generating the highest percentage of revenue, obtaining the competitive edge, leading the highest market growth and keep maintaining the governing position by establishing the several research and development programs, increasing the features and benefits of digital transformation, decreasing the associated prices of such, delivering the better customer satisfaction, spreading the awareness connected to the applications and advantages of digital transformation, implementing the policies of profit making and strategies of expansion, establishing the several research and development programs and improving the qualitative and quantitative measures of such.

The effective growth in number of mobile devices, augmenting the IT spending to deploy digital solutions by business, and developing advanced communication and networking infrastructure are some of the foremost factors propelling market growth. However, the lack of skill set required to improve and deploy the digital technologies and stringent regulations of the ICT sector are some of the aspects limiting the market.

The effective growth in adoption of countless technologies to generate the new processes, services, products, and business models through the usage of digital tools is escalating the requirement for digital transformation, therefore influencing the market growth. Moreover, with the significant growth in penetration of smartphones and the internet, various organisations and segments are encouraging the digitisation by enabling the usage of the latest technology for augmented the efficiency and productivity. As digital transformation can integrate applications, databases, and software for business intelligence and advance the productivity, it is progressively used by organisations to transform consumer experience, which is further booming up the market growth. The rising requirement for faster and cost-effective innovations through the usage of technologies like blockchain, machine learning, and quantum computing, are also augmenting the market growth.

Digital transformation is crucial in revolutionising countless industries, involving healthcare. Digital transformation in the healthcare sector helps healthcare providers to streamline operations and advances their consumer services through countless technologies. The growing use of wearable devices, virtual reality, and big data is bridging the gap between healthcare providers and patients. Hence, the effective growth in investments and aim on digital health are projected to bolster the growth of the digital transformation industry. Moreover, the speedy adoption of cloud deployment is resulting in the integration, automation, and enhancement of businesses, hence are delivering further impetus to the market growth. Therefore, it is predicted that during the near period the market of digital transformation will augment more proficiently over the review period.

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MEA Digital Transformation Market

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North America Clinical Diagnostics Market 2021-2031 Research Report, Size, Share, Demand, Growth, Revenue, Forecast, Major Players, Industry Analysis, Restraints and Challenges: Ken Research

According to our research analysis, North America clinical diagnostics market 2021-2031 is projected to grow by 6.6 % annually in the forecast period and reach USD 53,670.4 million by 2031, driven by the rising patient awareness and rising demand for high-quality care amid the COVID-19 pandemic, growing healthcare spend, technological advancement, benefits of clinical diagnostics such as quick test results and easy procedure, increasing prevalence of chronic diseases caused due to sedentary lifestyle such as diabetes, cardiovascular diseases, high blood pressure, lipid disorders, kidney diseases and cancer.

Highlighted with 23 tables and 58 figures, this 108-page report North America Clinical Diagnostics Market 2021-2031 by Test (Lipid Panel, Infectious Disease Testing, Liver Panel, CBC), Product (Instruments, Assay Kits & Reagents, Software & Services), Indication (Cardiovascular, Cancer, Infectious Disease), Patient Gender (Male, Female), Age Group (44 and below, 45-64, 65 and over), End User, and Country: Trend Forecast and Growth Opportunity is based on a comprehensive research of the entire North America clinical diagnostics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year.

In-depth qualitative analyses include identification and investigation of the following aspects:

·       Market Structure

·       Growth Drivers

·       Restraints and Challenges

·       Emerging Product Trends & Market Opportunities

·       Porter's Fiver Forces

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America clinical diagnostics market in every aspect of the classification from perspectives of by Test, Product, Indication, Patient Gender, Age Group, End User, and Country.

Based on Test, the North America market is segmented into the following sub-markets with annual revenue (USD mn) for 2021-2031 included in each section.

·       Lipid Panel

·       Infectious Disease Testing

·       Liver Panel

·       Complete Blood Count (CBC)

·       Electrolyte Testing

·       Renal Panel

·       Other Tests

Based on Product, the North America market is segmented into the following sub-markets with annual revenue (USD mn) for 2021-2031 included in each section.

·       Instruments

·       Assay Kits & Reagents

·       Software & Services

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By Indication the North America market is segmented into the following sub-markets with annual revenue (USD mn) for 2021-2031 included in each section.

·       Cardiovascular

·       Cancer

·       Infectious Disease

·       Stroke

·       Chronic Lower Respiratory Diseases

·       Diabetes

·       Other Indications

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

·       Selected Key Players:

·       Abbott Laboratories

·       Becton, Dickinson and Company

·       BioMerieux SA

·       Bio-Rad Laboratories Inc.

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North America Clinical Diagnostics Market Future Outlook

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Europe Clinical Diagnostics Market 2021-2031 by Test (Lipid Panel, Infectious Disease Testing, Liver Panel, CBC), Product (Instruments, Assay Kits & Reagents, Software & Services), Indication (Cardiovascular, Cancer, Infectious Disease), Patient Gender (Male, Female), Age Group (44 and below, 45-64, 65 and over), End User, and Country: Trend Forecast and Growth Opportunity

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Global Rifle Scopes Market is predicted to Propel Owing to Demand for Highly Precise Strikes in Army: Ken Research

The riflescope is a telescopic vision attached on the uppermost of a weapon that assistances to improve one’s aim by pointing and magnifying a target. It is mostly utilized for armed forces, and hunting and shooting sports. Companies are delivering the various improved features in the riflescope to make it easy to focus and shoot. New technology is being utilized to make actual shooting same to a computer game. Producers are also integrating night-vision and thermal imaging optics technology in riflescope. There are several types of riflescopes prevalent in the market. These reliant on the type of shooting, for instance, riflescope utilized in hunting will be dissimilar from the riflescope utilized in sports and armed forces. Riflescope also differs in weight and the requirement for riflescope magnification also reliant on the target size. 

According to the report analysis, ‘Global Rifle Scopes Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)’ states that Bushnell, Zeiss, Sightmark, Leupold, Aimpoint, Vortex Optics, Ultimak, Barska, EOTech, Burris, Redfield, Bushnell, Schmidt &Bender, Nikon, Millett, Warne and many more are the foremost entities which presently working in the global rifle scopes market more actively for registering the great value of market share, leading the highest market growth, keep maintaining the governing position, generating the highest percentage of revenue and obtaining the competitive edge by analysing the strategies and policies of government as well as contenders, increasing the features and benefits of rifle scopes, delivering the better customer satisfaction, implementing the policies of profit making and strategies of expansion, improving the qualitative and quantitative measures of such, decreasing the associated prices of such, spreading the awareness connected to the applications and advantages of rifle scopes, and establishing the several research and development programs.

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The innovations in technology for precision attack and their growing demand for hunting and shooting sports are some of the aspects expected to propel the growth of the riflescopes industry. However, Hight cost of riflescopes is a challenge the market is facing. There are several opportunities for producers to gain a substantial market share through military modernization contracts.

The requirement for global riflescope market is projected to boost the growth in several end-user industries in the Asia-Pacific region. Augment in the usage of telescopic screening in dissimilar applications such as hunting and military is the foremost factor that boosts the growth of the global riflescope market throughout the forecast period. In addition, new rifle has been introduced with an in-built laser range finder to confirm the accuracy. It also involves a riflescope with the color graphics display. Similarly, more such innovative technologies are being announced in the riflescope. In addition, producers are also developing smart shooting solutions with augmented riflescope magnification, smart rangefinder, and GPS geotagging. However, high cost of riflescopes and ban on hunting in some regions of the Asia-Pacific region are the foremost factors limiting the growth of the riflescope market. Requirement for highly precise strikes in the army is projected to boost the growth of the riflescope market.

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India Home Healthcare Market Size, Share and Research Report 2022 : Ken Research

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The India Home Healthcare Market report titled “India Home Healthcare Market Outlook to 2025 (Second Edition)– By Patient Profile (Elderly Care, Post Operative Care, Physiotherapy, Palliative Care, Stroke Rehabilitation and Others), By Organized (Subscription and Non-Subscription Model) and Unorganized, By Patient Age Profile and By Major Cities" provides a comprehensive analysis on the Home Healthcare Market of India. The report covers various aspects including market introduction, ecosystem, business model, the market size by revenue, market segmentation by the profile of patients, by organized and unorganized market, by subscription and non-recurring models, by region/tier, and by age group of patients. It also provides insights on the setting up of home healthcare agency in India, QAI accreditation, pricing solutions offered in the market, competition scenario, SWOT analysis, company profiles of major players in the market, growth drivers, trends and developments, and issues and challenges in the industry. The report concludes with future market projection for the home healthcare industry, the impact of COVID-19, and analyst recommendations highlighting the major opportunities and cautions for the India home healthcare market.

India Healthcare Market Overview

Healthcare has become one of the largest sectors in India, in terms of revenue as well as employment. Healthcare comprises hospitals, medical devices, pharmaceutical goods, medical equipment, and services like doctor consultations, clinical trials, telemedicine, e-health services, health tourism, home healthcare, and health insurance among others. The Indian healthcare sector has been growing majorly due to greater coverage, expansion of services, and increasing public and private expenditure in this sector. The overall market size of the healthcare market in India estimated to be at INR 1,070k Crores as of FY’2019.

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India Home Healthcare Market Overview

The home healthcare market in India is still in its early growth stage with the presence of a large number of players, with some offering only a single specialty service to others offering multiple services across various regions. The organized market has witnessed high growth in 30-35 companies and they have gained the utmost brand visibility and traction in terms of sale of services across various regions. The overall market size has grown at a CAGR of 17.2% over the past five years.

India Home Healthcare Market Segmentation

By Region/Tier of Cities:  Tier 1 cities contribute the highest share to the total market size of the home healthcare market in India. The market share of tier 1 cities alone stands somewhere over 76.0% in the overall market. Major cities such as Delhi/NCR, Mumbai, Chennai, Bangalore, Hyderabad, Jaipur, Ahemdabad, Kolkata, and Pune have shown major shifts in demand from traditional healthcare services to home healthcare services.

By Market Structure: The Indian home healthcare market is currently dominated by the unorganized sector. The organized sector constitutes a rather small part of the total home healthcare market size of the home healthcare market in India. The unorganized sector still dominates the market as the home healthcare market is still in its early growth stage and major players are still working on establishing their presence beyond Tier-1 cities. Although we have seen some tremendous growth in a few cities, a paradigm shift in demand is yet to be seen in this sector basis PAN India.

By Age Group: Patients above 60 years of age contribute to the lion’s share to the home healthcare market in India. Services availed by people above the age of 60 include elderly care, homecare pertaining to a chronic ailment, physiotherapy among others.

Patients between 40-60 years contribute the second largest share followed by patients of age groups of 20-40 years and 0-25 years

By Subscription and Non-Recurring Model: Subscription models make up for a smaller proportion as they are yet to gain popularity and the industry has seen numerous cases of patients opting out of these subscriptions before the stipulated time owing to service quality inconsistency.  Another reason for the popularity of non-recurring models oversubscription model is the lack of insurance coverage. Insurance is bound to make homecare services more affordable for the patients and thus, subscription models may witness growth in this aspect.

By Profile of Patients: Elderly care services constitute the largest part of the home healthcare services market. The other segments include physiotherapy, stroke rehabilitation, palliative care, and others. These segments contribute relatively lower proportions to the total market size.

Competitive Landscape

The home healthcare market in India is in its early growth stage. The market shows a lot of potentials to grow over the coming years due to the shift in preferences and types of services demanded. The current market structure is highly fragmented with a high proportion of unorganized players as compared to organized players. The major players in the market compete on factors such as brand value, services offered, expertise and coverage, deliverable workforce, QAI accreditation, clinical outcomes among others. The major players in the market include Portea Medical, Medwell Ventures, Healthcare AtHome, Care24, India Home Health Care, CallHealth, Bharath Home Medicare, and Apollo Homecare among others.

India Home Healthcare Future Outlook

The India Home Healthcare Market is expected to grow at a positive CAGR of 19.2% during the period FY’2019-FY’2025. The growth is expected to be driven by factors such as the rise in the geriatric population, increasing demand for convenience-based healthcare services, increasingly unhealthy lifestyles of the younger population leading to a higher prevalence of chronic diseases among others. In addition, the expected onset of regulations, introduction of QAI accreditation and the measures to bring home healthcare services under the purview of insurance are also expected to help the market grow further in the coming years.

Key Segments Covered

India Home Healthcare Market, FY’2014-FY’2025

India Home Healthcare Market Segmentation, FY’2019-FY’2025

By Market Structure (Organized and Unorganized)

By Region/Tier (Tier 1, Tier 2and Tier 3 cities)

By Age Group (0-25 Years, 25-40 Years, 40-60 Years and Above 60 Years)

By Profile of Patients (Elderly care, Physiotherapy, Post-Operative Care, Stroke Rehabilitation, Palliative Care and Others )

By Subscription and Non-Recurring Model

Key Target Audience

Homecare Providers

Hospital Chains

Private Sector Investors

Healthcare Regulatory Bodies

Government and Industry Associations

Medical Device Companies & Distributors

Pharma Manufacturing and Distribution Companies

Time Period Captured in the Report:

Historical Period – FY’2014-FY’2019

Forecast Period – FY’2020-FY’2025

Companies Covered:

Portea Medical (Health Vista Pvt Ltd)

Healthcare AtHome

Medwell Ventures

Care24

CallHealth

 

Apollo HomeCare

India Home Healthcare

Critical Care Unified

Bharath Home Medicare

Key Topics Covered in the Report

India Home Healthcare Market Introduction

India Home Healthcare Market Business Model

National Health Statistics

India Home Healthcare Market  Size by Revenue in INR Crores

India Home Healthcare Market  Segmentation

Setting Up a Home Healthcare Agency in India

QAI Accreditation Process and Fees

Pricing Analysis of Various Home Healthcare Services

Competition Scenario of India Home Healthcare Market

Company Profiles of Major Home Healthcare Providers

SWOT Analysis and Growth Drivers

Trends and Developments in India Home Healthcare Market

Issues and Challenges in India Home Healthcare Market

Key Funding and Mergers and Acquisitions in India Home Healthcare Market

Failure Case Studies in India Home Healthcare Market

India Home Healthcare Market Future Projections

Impact of COVID-19 Pandemic on India Healthcare and Home Healthcare Market

Analyst Recommendations

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India Home Healthcare Market Research Report

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Egypt Logistics Market by Service Mix Outlook to 2022: Ken Research

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Essential to every country’s economy is an efficacious transport and logistics segment, which enables commercial activity to flow unobstructed from introduction to consumption. An efficacious transportation system also facilitates admittance to raw materials, services and functioning, all of which are indispensable for the accomplishment of any viable business venture. Egypt’s unique geographic location amalgamated with an expanding infrastructure base is improving the country’s position as a foremost global logistics hub for companies looking to do business in, or trade between, Europe, Asia and Africa.

The logistics market of Egypt has augmented at a CAGR of ~ % during 2012-2017. The market has developed from USD ~ million in 2012 to USD ~ million during 2017. The Egyptian logistics sector incorporates three foremost service mix involving freight forwarding, warehousing and value added services. Freight forwarding is the foremost contributor in the revenues of the industry underwriting the percentage share of ~% in 2017, followed by warehousing (~ %) and value added services (~ %) during 2017. Foremost growth drivers for Egypt logistics market are growing FDI, unique geographic location, along with oil and gas exports to the foreign countries.

According to the report analysis, ‘Egypt Logistics Market by Service Mix (Freight Forwarding Market, Warehousing Market and Value Added Services), by Third Party Logistics, by Cold Chain Logistics, by Express Delivery and by Industries (Oil & Gas, Engineering Equipment, Food & Beverages, Metals, Automotive and Others) - Outlook to 2022’ states that Egyptian Pharmex Logistics, Agility, Ceva Logistics, National Navigation Company, Egyptair Holding, DB Schenker, DHL Egypt, FedEX Egypt, UPS Supply Chain and among others are the foremost companies which presently working in the Egypt Logistics market more proficiently for keep maintaining the governing position, leading the highest market growth, generating the highest percentage of revenue, obtaining the competitive edge and registering the great value of market share by analysing the strategies and policies of government as well as contenders, implementing the policies of profit making and strategies of expansion, establishing the several research and development programs, improving the qualitative and quantitative measures of such, delivering the better customer satisfaction, and spreading the awareness connected to the applications and advantages of logistics.

Egypt Logistics Market is expected to augment at a CAGR of ~% throughout 2018 to 2022 to reach at USD ~ million by 2022. With the growth in the E-commerce industry, retail industry, manufacturing and several other industries in Egypt, the requirement for freight forwarding services will positively augment in forthcoming years. Freight forwarding services and warehousing will underwrite in the complete market of logistics with the share of ~% and ~% respectively throughout 2022.

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When logistics business prolongs and it becomes difficult for 3PL to deliver 100% satisfaction, companies will shift their aim towards 4PL solutions to ease business requirement. This showcases growth in the industry but Egypt doesn’t observe any such trend as 4PL market is very small or negligible across the country. With the introduction of 4PL services in the industry complete market revenues will augment in future.

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Egypt Logistics Market by Service Mix (Freight Forwarding Market, Warehousing Market and Value Added Services), by Third Party Logistics, by Cold Chain Logistics, by Express Delivery and by Industries (Oil & Gas, Engineering Equipment, Food & Beverages, Metals, Automotive and Others) - Outlook to 2022

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Oxygen Concentrators Market Is Predicted To Propel Owing To Existence Of Several Leading Global Manufacturers: Ken Research

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Oxygen concentrators are utilized to supply oxygen to individuals suffering from breathing diseases. Individuals with lower oxygen levels in the blood than normal will commonly require an oxygen concentrator to substitute that oxygen. Oxygen concentrator cleanses the surrounding air and compresses it to the required density, and then supplies purified oxygen into a pulse-dose delivery system or unceasing stream system to the patient.

According to the report analysis, ‘Oxygen concentrators Market based on Type (Portable and Stationary), Technology (Pulse Flow and Continuous Flow), End-User (Hospitals, Home Care Settings, and Ambulatory Surgical Centers & Physician Offices), and Geography - Global Forecast up to 2027’ states that a surging number of cases linked with respiratory and lungs diseases with growing prevalence of chronic obstructive pulmonary diseases are the foremost attributes probably to drive the oxygen concentrators market. Few other aspects to stimulate the market growth are growing incidence of strokes owing to the ever-growing elderly population and companies making substantial investments in integrating advanced technology to deliver the high quality, latest technology products to hospitals and healthcare units. But, the accessibility of less-cost substitutes of oxygen concentrators by local manufacturers is probable to restrain the market growth. 

In the Global Oxygen Concentrators Market segmentation by type, the market is classified into portable and stationary devices segments, with the portable segment controlling a larger share in the market. The requirement for portable concentrated oxygen concentrators is propelled by the rising demand for oxygen, the rising elderly population base, and the growing younger populations with COPD. For oxygen therapies, portable devices with greater concentrations of oxygen than ambient air are utilized. Further, due to the benefits such as smaller dimensions, better portability, and greater capacities for oxygen suited for all situations, this equipment is conceivable for travelers.

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In the market by technology, the market is categorized into pulse flow and continuous flow. The unceasing flow segment has generated a greater market share. This is owing to the advancements in technology in the development of new products is predicted to increase the usage of oxygen concentrators. Moreover, the continuous usage of respiratory equipment for oxygen treatments is projected to drive the segment market growth.

On the basis of end-user, the market is classified into hospitals, home care settings, and ambulatory surgical centers & physician offices. The home care settings sector is having a momentous share in the market growth. The significant share is accredited to the factors such as the growth in the elderly population, increasing cases of chronic obstructive pulmonary disease, and escalated requirement for household healthcare oxygen treatments.

As per the market by geography, among the regions North American region is having a momentous share in the market. This is registered for the factors such as the existence of several leading global producer in the region, along with the companies ramping up their production capacity and increasing expenditure on healthcare, and augmenting the disposable income. Therefore, it is predicted that during the near duration the market of oxygen concentrators will propel more progressively over the reviewed duration.

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Global Oxygen Concentrators Market Research Report

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Global Monoclonal Antibodies (mAbs) Market Size, Share, Trends: Ken Research

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According to the report analysis, ‘Global Monoclonal Antibodies (mAbs) Market 2020-2030 by Source (Human, Humanized, Chimeric, Murine), Category (Branded, Biosimilar), Production Type (In Vitro, In Vivo), Application (Cancer, Autoimmune, Inflammatory), End User, and Region: Trend Forecast and Growth Opportunity’ states that global monoclonal antibodies market is predicted to propel during the review period owing to the growing incidence of new cancer cases and several other diseases, growth in the geriatric population, growing pharmaceutical R&D spending, upsurge in the healthcare expenditure and the effective growth in the implementation of cost-proficient biosimilar monoclonal antibodies.

Abbott Laboratories, AbbVie, Inc., Amgen Inc., AstraZeneca plc, Bayer AG, Bristol-Myers Squibb Company, Eli Lilly, F. Hoffmann-La Roche Ltd., GlaxoSmithKline Plc, Johnson & Johnson, Merck & Co., Inc., Mylan N.V, Norvatis AG, Pfizer, Sanofi S.A. and many more are the key companies which presently working in the global monoclonal antibodies (mAbs) market more proficiently for ruling around the globe, leading the highest market growth, registering the great value of market share, keep maintaining the governing position, generating the highest percentage of revenue and obtaining the competitive edge by analysing the strategies and policies of government as well as contenders, increasing the features and benefits of monoclonal antibodies, spreading the awareness connected to the applications and advantages of monoclonal antibodies, improving the qualitative and quantitative measures of such, implementing the policies of government as well as contenders, establishing the several research and development programs, delivering the better customer satisfaction, and decreasing the associated prices of such.

The monoclonal antibodies are becoming ubiquitous in the treatment of dissimilar forms of cancer in developed nations, and this has been attributed to the speedy growth of the global monoclonal antibodies market. The other aspects, which may underwrite positively toward the high growth of the global monoclonal antibodies market, are new gene-based therapy, new research connected to the application of monoclonal antibodies in treating some other deadly diseases, like COVID-19, syndromes diagnostics, and treatment of other diseases, such as auto-immune, viral disease treatment, and also the endorsement of new antibodies by governments may lead to the growth of the market.

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The cost linking with monoclonal antibodies is very high owing to their complex manufacturing procedure and owing to the cost included in R&D, and it is one of the major limiting aspects for the growth of the global monoclonal antibodies market. The high cost of monoclonal antibodies is the major reason why it is still widespread only in developed countries and not in developing and underdeveloped countries. Another factor accountable that can prove a limitation for this market will be the loss of patents by companies.

Due to the significant increment in the prevalence of cancer cases, around the globe, in the global monoclonal antibodies market, cancer monoclonal antibodies may occupy a foremost market share. Increment in prevalence of cancer, increase in requirement for cost-efficient biosimilar monoclonal antibodies, high requirement for biologics, and development in R&D activities in genomics coupled with the introduction of technologically improved genetic platforms, such as next-generation sequencing are the major aspects that propel the growth of the market.

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Global Monoclonal Antibodies (mAbs) Market Forecast 2021–2031

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Global Drug Discovery Market 2020-2030 by Drug Type (Small Molecule, Biologics), Service (Medicinal, Biological, DMPK), Process, Technology, Therapeutic Area, End User, and Region: Trend Forecast and Growth Opportunity

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