Global Market Research Reports : Ken Research

Monday, June 27, 2022

UAE On-Demand Home Services Industry is expected to grow at a CAGR of ~9.7% in between 2022-2026: Ken Research

Digital is the Future:

Companies will continue to invest in digital marketing strategies to improve their service visibility and promoting sales. Advertisements on social media platforms such as YouTube, Instagram and Facebook will enable companies to enhance brand awareness and attract potential customers. Internet penetration is high in UAE, almost 99% of the population use internet. Around 51% individuals purchased a product or service online via a smartphone which indicates the customers’ continued reliance to procure products or services online due to increasing convenience and accessibility.

Ease of Market Entry:

In 2021, the regulations of provision for establishing a new company allows any individual of any origin to hold 100% ownership of the business. It does not require to partner with an Emirati to register the company. Companies now have reduced entry barrier to enter the industry, which is still at a nascent stage and is expected to grow.

UAE Home Cleaning Services Market Offer:

Increase in vertical expansion of service offerings such as introducing cooks and chefs who specialize in particular cuisine; baking at home services, providing tuitions, etc. could be booked online on-demand. Merging with food delivery and grocery marketplaces to expand its services offerings will give a new meaning to on-demand home services. Marketplaces will aim to increase the number of bookings of beauty services, as the average ticket size for these services is higher than cleaning services. Promotional offers and discounts would be offered to attract new customers.

Increase in development of residential real estate market:

It is forecasted that the residential real estate market in UAE would increase ~10% in the next 5 years. Also, it is predicted that the real estate prices will reduce in the region. This will led to shift to households from 1bhk to 2 bhk apartments, leading to an increase in the demand for on-demand home services. Government incentives such as special investor and retirement visas, golden long-term visas, as well as the reduction of the loan-to-value (LTV) for first time homebuyers to 20% by the UAE Central Bank, low interest rates and competitive mortgage products will give a boost to the industry.

The publication titled “UAE On-Demand Home Services Industry: Driven by changing consumer lifestyle and increasing adoption of digitally enabled services” provides a comprehensive analysis of the on-demand home services industry by analyzing historical statistics and corresponding developments in the on-demand home services market. The market growth spiked during COVID as people were reluctant to step out of their houses. People preferred booking home services online directly from these marketplaces or service providers. Given the fragmented completion structure in the on-demand home services industry, analysts have elaborated on competitive landscape of major marketplaces and service providers on the basis of services offered and operational parameters. The report also covers a snapshot on marketplace and service providers business model, value chain analysis, growth drivers, Porters 5 forces analysis, impact of COVID-19 and factors governing the future outlook of industry. The report also provides comprehensive insight on the market size and segmentation of the industry. The report highlights the pain points of the on-demand home services industry along with detailed company profiles of major service providers and marketplaces. The report concludes with projections for future industry market size, market segmentations and analyst take on future market scenario.

Key Segments Covered in UAE On-Demand Home Services Industry

· By Type of Services

· Cleaning

· Repair and Maintenance

· Beauty

· Others

· By Geography

· Dubai

· Abu Dhabi

· Others

· By Deployment

· Online

· Offline

𝗧𝗼 𝗚𝗲𝘁 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 𝗼𝗳 @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTI0MDUx

Time Period Captured in the Report:

· Historical Period: 2017-2021

· Forecast Period: 2022F-2026F

UAE On-Demand Home Services Players

· Marketplaces

· Justlife

· Urban Company

· ServiceMarket

· Rizek

· Usta

· Service Providers

· Hitches and Glitches

· MPlus

· Elite Maids

· Helpsters Cleaning Services

Key Topics Covered in the Report

· Socio-economic Landscape of UAE

· Evolution of UAE On-Demand Home Service Industry

· Ecosystem of UAE On-Demand Home Service Industry

· Future Outlook of On-Demand Home Services Industry

· UAE On-Demand Home Service major entities Business Model

· Market Size of On-Demand Home Services Industry by Revenue

· Demand Drivers and Trends in On-Demand Home Services Industry

· Impact of COVID on demand and user preferences in the On-Demand Home Services Industry

· Trends and Developments in On-Demand Home Services Industry

· Challenges faced in the On-Demand Home Services Industry

· Government Rules and Regulations in the On-Demand Home Services Industry

· Impact of COVID-19 on the On-Demand Home Services Industry

· Comparison of Pre and Post COVID scenarios

· Competitive Scenario of the On-Demand Home Services Industry

· Competition in On-Demand Home Services Marketplace

· Competition among On-Demand Home Services Providers

· Case Study on Urban Company Business Model

· Future Trends and Market Size of On-Demand Home Services Industry by Revenue

· Future Market Segmentation of On-Demand Home Services Industry by type of services, geography, deployment

· Industry speaks

· Analyst Recommendations

Indonesia On-Demand Services Market Outlook to 2021 - Increasing Internet and Smartphone Penetration and the Advent of Superior Technology to Foster Future Growth

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Ai in Financial Asset Management Market Growth is propelled by Changing Customer Behavior: Ken Research

Artificial intelligence (AI) has demonstrated a possible impact on the asset and wealth management industry over the past decade. For instance, AI-enabled solutions like conversational platforms or Chabot have enhanced customer interactions and connected services. In the Business-to-Consumer (B2C) domain, Fintech organizations propose the end-use industries a wide variety of AI-supported advisor services to make automated investment decisions. However, the applications in Business-to-Business (B2B) markets, such as fixed-income asset management, still dependent on traditional data processing based on human connections.

In recent years, financial institutions are implementing the artificial intelligence (AI) technology for managing their financial assets and decreasing operating cost, thereby growing the revenue. Several fintech companies and banks are speedily deploying voice assistants and chatbots to manage customer connections and resolve issues (queries) with negligeable human involvement. Machine learning, computer vision, and speech recognition technologies are in requirement and key number of acquisitions during the recent years were linked with these technologies, and the same technologies will register the the investment patterns in the coming years

According to the report analysis, ‘AI in Financial Asset Management Market - Global Forecast up to 2025’ states that the global AI in financial asset management market is categorized based on the existence of diversified small and large vendors. Genpact, IBM, Infosys, and Synechron are among the foremost vendors growing their global footprint in this space. However, several vendors such as IPsoft and Lexalytics are competing with them in the global market by delivering the solutions at a competitive price with the personalized product offering. The market growth is propelled by key vendors entering into strategic partnerships with suppliers and third-party vendors in the ecosystem to augment the global footprint and customer service capabilities.

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The aim of this report is to define, describe, segment, and review the AI in financial asset management market on the basis of technology, application, and regions. In addition, the report aids the venture capitalists in understanding the companies better and make well-well-versed decisions. The report is commonly designed to deliver the company's executives with strategically substantial competitor information, data analysis, and understandings about the market, development, and employment for an effective marketing plan.

Natural language processing (NLP) is the fastest increasing technology in the global AI in financial asset management market owing to the growing deployment of chatbots and virtual personal assistants across the banking sector. Additionally, developing demand for sentiment analysis and management of huge volumes of contracts, will propel the NLP segment during the forecasted duration.

Data analysis is having the greatest market share in the application segment of the global AI in financial asset management market primarily owing to availability of huge volumes of data being created from multiple sources and require to analyse theses datasets for decision making. Investment banks are implementing AI in the areas such as investment decisions, alternative investment strategies, managing hedge funds and others. Therefore, it is predicted that during the near period the market of AI financial Asset management will augment more proficiently over the forecast period around the globe.

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Global AI in Financial Asset Management Market

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North America Blood Purification Equipment Market Size, Share, Trends (2021-2031): Ken Research

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According to the report analysis, ‘North America Blood Purification Equipment Market 2021-2031 by Product (Hemodialysis, Blood Filtration, CRRT, Hemoperfusion, Plasma Exchange Device), Portability (Portable, Stationary), Indication (Renal Diseases, Sepsis, Others), End User (Hospitals and Clinics, Dialysis Centers, Others), and Country: Trend Forecast and Growth Opportunity’ states that North America blood purification equipment market is estimated to rise in the forecast period due to the developing prevalence of blood-related diseases, augmenting geriatric population, technological innovations, increasing the healthcare expenditure, developing adoption of home based healthcare, and the growing health consciousness amid COVID-19 pandemic.

Aethlon Medical, Inc., Asahi Kasei Corporation, B. Braun Melsungen AG, Baxter International Inc., Cerus Corporation, CytoSorbents Corporation, Fresenius SE and Co. KGaA, Healthwell Medical Tech. Co., Ltd., Infomed SA, Jafron Biomedical Co., Ltd., Kaneka Corporation, Nikkiso Co., Ltd., Spectral Medical Inc., SWS Medical Group and many others are the foremost entities which recently functioning in the North America Blood Purification Equipment Market more efficiently for leading the highest market growth, registering the great value of market share, obtaining the competitive edge, generating the highest percentage of revenue and keep maintaining the governing position by implementing the policies of profit making and strategies of expansion, delivering the better customer satisfaction, spreading the awareness connected to the applications and advantages of blood purification equipment, decreasing the associated prices of such, increasing the features and benefits of blood purification equipment, improving the qualitative and quantitative measures of such, and establishing the several research and development.

North America blood purification equipment market will be robust with the U.S. witnessing an augmented requirement for hemodialysis. A notable surge in the chronic dialysis population has encouraged regional leaders to contribute in advances in technology to facilitate the applications of the renal replacement therapy. Clinical practices and R&D activities are probable to boost the penetration of the dialysis technology.

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Over the past couple of decades, a plethora of therapeutic technologies and cutting-edge blood purification equipment has entered the market. The effective growth in knowledge and understanding of pathophysiology and hematology owing to additional research and development coupled with remarkable progress in bio separation techniques are some of the other aspects contributing to the complete growth of the global blood purification equipment market. Furthermore, present advancements in pathophysiology of a range of diseases have resulted in the augmenting adoption of blood purification therapies owing to which, the requirement for blood purification equipment has observed steady growth, thus aiding in the blood purification equipment market.

The effective growth in prevalence of metabolic and autoimmune diseases around the region such as kidney failure is one of the major factors fueling the implementation of blood purification equipment. Over the past couple of decades, a number of therapeutic developments in technology has been made and new blood purification equipment have been developed– a trend that is probable to continue during the forecast duration. Therefore, it is predicted that during the near future the market of blood purification equipment will augment more efficiently over the review period around the globe.

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North America Blood Purification Equipment Market Revenue

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Global Dry Wire Drawing Lubricants Market Size and Research 2021, CAGR Status, Growth Analysis, Key Manufacturer and Strategies till 2027: Ken Research

The global Dry Wire Drawing Lubricants market was valued at 167.9 Million USD in 2021 and will grow with a CAGR of 2.3% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography (North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Lubrication in the drawing process is essential for maintaining good surface finish and long die life. The global dry wire drawing lubricants consumption market is led by Asia Pacific, and it is the largest region consumption market, accounting for about 58% of global consumption.

Global Dry Wire Drawing Lubricants Market Future Outlook

By Market Verdors:

Kyoeisha

Adeka

Chemetall

Aztech Lubricants

Pan Chemicals

Blachford

Jiangyin Ouyate

By Types:

Sodium Soap Based Lubricants

Calcium Soap Based Lubricants

By Applications:

Carbon Steel Wire

Stainless Steel Wire

Tire Bead & Cord

Galvanized Wire

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Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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Global Dry Wire Drawing Lubricants Market Research Report

Global PET Preform Making Machine Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027

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Saudi Arabia Leisure and Entertainment Market: Ken Research

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Saudi Arabia movie theater market had begun taking shape after a 35-year hiatus. The Saudi government, in a bid to augment the entertainment opportunities across Saudi Arabia, enabled screening of movies during 2018. AMC Cinemas was the first international movie theater chain to function in Saudi Arabia with the KAFD screen that accommodates 490 patrons. As of December 2019, more than 9 movie theaters are operational in the Saudi Arabia, with a maximum in Riyadh.

According to the report analysis, ‘Saudi Arabia Leisure and Entertainment Market Outlook to 2025-Movie Theatre Market by Revenue (Ticket Admissions, Food and Beverage Sales, Advertisements and Sponsorships), Amusement Park Industry (Ticket Admissions, Food and Beverage, Merchandize, Games and Others) and Alternate Entertainment Avenues (VR Gaming, Bowling Alley and Trampoline Parks)’ states that as of 2019, the movie theater industry is concentrated among 4 players, with VOX Cinemas operating 7 out 9 theaters as of 2019. The Saudi Authority for a movie, General Entertainment Authority has conveyed the movie theater licenses to 7 operators as of January 2020. Presently, 4 cinema chains are functional in Saudi Arabia, namely Dubai based VOX, and USA based AMC, Saudi based MUVI Cinemas and Middle Eastern-based Empire Cinemas. Presently, VOX controls the market leadership position with more than 7 functional theaters across KSA, followed by AMC and MUVI with 2 areas each. Entities compete on the basis of ticket prices, type of screen formats, F&B packages and discount offers among others.

Not only has this, these companies in the market are efficiently working for keep maintaining the governing position, leading the highest market growth, obtaining the competitive edge and generating the highest percentage of revenue by analysing the strategies and policies of government as well as contenders, increasing the features and benefits of such, improving the qualitative and quantitative measures of such and spreading the awareness connected to the applications and advantages of such.

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The nature of competition is fragmented in terms of amusement parks. The region has several amusement parks, family entertainment centers, water parks, and theme-based parks. Al-Shallal Theme Park is the oldest functioning theme park across Saudi Arabia and holds the greatest market share in terms of revenue as well as admissions as of 2019. Other parks entail Al Hokair Land and Atallah Happy Land which have the next greatest revenues.

The nature of competition in terms of controlling companies is temperately concentrated as Majid Al Futtaim and Al Hokair group are market leaders with annual revenues from entertainment and family-oriented destinations surpassing SAR 1 Billion for 2019. Fakieh Group is another holding company, which possesses Al-Shallal theme park.

Furthermore, for the duration of 2019-20205, the movie theater industry in Saudi Arabia is predicted to augment at a CAGR of 15% as more movie theater chains enter the market. As movie theaters face footfall challenges, discounts, movie passes can be projected on tickets as well as greater margins on F&B sales. For nationals with greater spending capacity, premium movie viewing formats such as 4D, IMAX and other deluxe offerings such as fine dining and private viewing will aid the movie theater operators to gain greater revenue from fewer admissions.

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Saudi Arabia Leisure and Entertainment Market Outlook to 2025

Related Reports:-

International Remittance Industry in Saudi Arabia: Outlook to 2025

Saudi Arabia Dry Logistics and Warehousing Market Outlook to 2025 – Warehousing Automation and Investment within Transport Infrastructure to Drive Market Revenue)

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Global Flower and Ornamental Plants Market Size and Research 2021, CAGR Status, Growth Analysis, Key Manufacturer and Strategies till 2027: Ken Research

The global Flower and Ornamental Plants market was valued at 422.22 Million USD in 2021 and will grow with a CAGR of 6.32% from 2021 to 2027, based on HNY Research newly published report. The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography (North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Global Flower and Ornamental Plants Market Outlook

Ornamental plants are plants that are grown for decorative purposes in gardens and landscape design projects, as houseplants, for cut flowers and specimen display. The cultivation of these, called floriculture, forms a major branch of horticulture. Cut flowers and ornamental plants belong to the family of floriculture. Floriculture involves propagating, growing and marketing cut flowers, flower seeds and seedlings, bulb growing, nursery operation, chemical protection of plants, post-harvest storage and handling and use of preservatives. It is an international, multi-billion dollar industry. In export market, the Netherlands is still a major junction in global cut flower trade, but the four cut flower exporters close to the equator-Colombia, Kenya, Ecuador and Ethiopia-are gathering speed. The Netherlands plays a key role in the global cut flowers trading as it has more than 40% export share. When refers to the import side, Europe, USA and Japan are the major importers.

By Market Verdors:

Dummen Orange

Syngenta Flowers

Finlays

Beekenkamp

Karuturi

Oserian

Selecta One

Washington Bulb

By Types:

Potted Plants

Cut Flowers

By Applications:

Home

Commercial

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Key Indicators Analysed

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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Global Flower and Ornamental Plants Market Research Report

Global Smart Juicer Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027

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Immunotherapy Drugs Market Growth is projected to Develop Due to Rising Prevalence of Target Diseases: Ken Research

Immunotherapy drugs are utilized to boost or deduct the body's immune system. They are mostly utilized to treat cancer and work by interesting the body's immune system and triggering an immunological response that helps in the generation of antibodies. Antibodies that are generated in response to an antigen kill malignant or tumour cells.

According to the report analysis, ‘Immunotherapy Drugs Market’ states that the market has observed steady growth in the past few years, and the introduction of novel products has augmented the acceptance of immunotherapy drugs in the market. The market is propelled by an expansion in the incidence of lifestyle and chronic disease around the globe, deduction in disease recurrence, augmenting the product approval, and high preference for immunotherapy over the traditional chemotherapy.

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The increasing market trend continues and is becoming one of the progressively accepted treatments across several countries around the globe. The producers are aiming on new approvals, collaboration, and development of new products owing to the growth in demand for immunotherapy drugs for the treatment of cancer and several other diseases. Most of the revenue is produced from the leading players in the market with dominant sales such as AbbVie, Inc., Amgen, Inc., F. Hoffmann-La Roche Ltd., Bristol-Myers Squibb, Johnson and Johnson, and Merck & Co., Inc.

North America accounted for the greatest share of the global immunotherapy drugs market during the recent past years. The US dominates the market due to the existence of most of the immunotherapy drugs producers in the region. Asia Pacific is projected to grow at the fastest rate throughout the forecast period, due to aspects such as growing incidence of lifestyle diseases, growing implementation of novel treatment, and low manufacturing cost.

North America is dominant in the global immunotherapy drugs market, followed by Europe and Asia Pacific. The proficient share of the North America market comes from the US owing to the obtainability of favorable reimbursement policies.

The global immunotherapy drugs market has enormous growth opportunities in both developed and underdeveloped regions. The introduction of a novel product with affordable drug cost is projected to augment the competition among the market players. Several companies are presently focused on approvals, collaboration, and development of new products connected to immunotherapy drugs due to augmented demand for this therapy to treat several disease types.

The growth of this market is majorly accredited to the growing prevalence of target diseases, increasing requirement for monoclonal antibodies and biosimilars, augmenting the adoption of immunotherapy drugs over conventional treatments, and a favorable endorsement scenario. However, timeline issues, side-effects, and manufacturing complexities and a great attrition rate in the product development cycle are predicted to challenge market growth.

The augmented preference for monoclonal antibodies and biosimilars is the crucial aspect accountable for the surge in market growth. The monoclonal antibodies are beneficial since the research scientists can design antibodies that can precisely target a particular cancer antigen.

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Global Immunotherapy Drugs Market

Related Reports:-

World Immunotherapy Drugs Market by Product Type, Market, Players and Regions-Forecast to 2025

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Medical Tourism Market Growth is propelled by Availability of Latest Medical Technologies: Ken Research

Medical tourism can be well-defined as an organized travel around the international borders to advantage medical treatment of some form, which may or may not be prevalent in the travelers’ home country. Medical tourists travel around the international borders for the maintenance, improvements, or restoration of their health through economical healthcare facilities & treatments obtainable in other countries, which are comparatively luxurious in their own country. Medical tourists travel to obtain the medical treatments such as dental treatment, neurological treatment, and cardiovascular treatment.

According to the report analysis, ‘Medical Tourism Market’ states that the global medical tourism market observed a flat growth in the past few years but sustained owing to high cost of medical treatment in developed countries such as US and UK in fact, most of the outbound medical tourists are from North America and Europe.

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The industry precise parameters that are propelling the global medical tourism market are primarily the growing healthcare related costs in the patient's country of origin, lack of insurance and healthcare coverages, inferior cost of medical treatment in destination countries, accessibility of highly trained, skilled, and competent specialists in the countries providing services, and growing costs of long-term care in developed regions. With respect to mega trends or macro factors propelling the growth of the global medical tourism market are the populace growth, urbanization, and easy admittance to prominent medical tourism destinations.

Though more assistance from government agencies and organizations and strategic marketing initiatives are required to augment the medical tourism in the underdeveloped countries. Industry partnerships with the international medical travel agents, logistic suppliers, hotels, and hospitals have facilitated in proposing the packaged facilities. For example, Apollo has collaborated with the American International Medical University (AIMU) for emerging medical tourism schedules in the regions such as Bahamas and St Lucia.

While looking for a favourable medical destination most of the medical tourists virtually visit countless JCI-accredited hospitals delivering the amenities and exceptional atmosphere for treatment and healing duration after a lengthy period of continuing surgical procedures. The growth of the elderly population is also one of the foremost factors propelling the medical tourism market because of the requirement of high-quality long-term care. The increasing lifestyle-related disorders and incidence of cancers are growing rapidly around the globe, with high treatment costs cancer treatment is also propelling the growth of medical tourism around the globe.

A large population of foreigners seeks surgeries such as facial aesthetics processes, dental implants, breast implants, facelifts, and liposuction in these regions. Advancements in healthcare infrastructure and the obtainability of high-quality healthcare services at reasonable prices will propel the international market growth.

Affordability and convenience of high-quality healthcare services and assistance from tourism departments and local governments are the foremost factors that propel the growth of the global medical tourism market. In addition, obtainability of latest medical technologies in medical tourism hubs, throughout the globe, is predicted to propel the market growth.

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Global Medical Tourism Market

Related Reports:-

Medical Tourism Market by Treatment Type (Cancer Treatment, Orthopedic Treatment, Fertility Treatment, Cardiovascular Treatment, Neurological Treatment, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024

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Europe Blood Purification Equipment Market Size, Share, Trends (2021-2031): Ken Research

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Blood purification is a technique that entails withdrawal of blood from patient’s body into a device or an equipment to eradicate the impurities and pump it back intothe body. As blood purification plays a proficient role in countless kidney and blood related disorders, the market is supposedly to observe a considerable growth throughout the forecast period. Advancements in dialysis and filtration techniques coupled with the adsorption processes have positively impacted the implementation of these equipment in several critical treatments. Blood purification devices majorly find their utilization in organ or renal failures, immune-metabolic disorders and plasmapheresis.

According to the report analysis, ‘Europe Blood Purification Equipment Market 2021-2031 by Product (Hemodialysis, Blood Filtration, CRRT, Hemoperfusion, Plasma Exchange Device), Portability (Portable, Stationary), Indication (Renal Diseases, Sepsis, Others), End User (Hospitals and Clinics, Dialysis Centers, Others), and Country: Trend Forecast and Growth Opportunity’ states that Europe Blood Purification Equipment market is efficiently growing during the forthcoming future owing to the augmenting prevalence of blood-related diseases, significant augment in the geriatric population, technological innovations, rising healthcare expenditure, rising adoption of home based healthcare, and the developing health consciousness amid COVID-19 pandemic.

Aethlon Medical, Inc., Asahi Kasei Corporation, B. Braun Melsungen AG, Baxter International Inc., Cerus Corporation, CytoSorbents Corporation, Fresenius SE and Co. KGaA, Healthwell Medical Tech. Co., Ltd., Infomed SA, Jafron Biomedical Co., Ltd., Kaneka Corporation, Nikkiso Co., Ltd., Spectral Medical Inc., SWS Medical Group among others are the key companies which presently working in the Europe Blood Purification Equipment Market more efficiently for ruling around the globe, registering the great value of market share, keep maintaining the governing position, leading the highest market growth, generating the highest percentage of revenue and obtaining the competitive edge by implementing the policies of profit making and strategies of expansion, analysing the strategies and policies of government as well as contenders, improving the qualitative and quantitative measures of such, increasing the features and benefits of blood purification equipment, establishing the several research and development programs, delivering the better customer satisfaction, decreasing the associated prices of such, employing the young and active personnel and spreading the awareness connected to the applications and advantages of blood purification equipment.

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Surge in pervasiveness of metabolic & immune disorders such as kidney failures, augment in incidences of diabetes & hypertension, along with complete rise in geriatric population who are more susceptible to kidney connected diseases across the globe are some of the factors projected to impel the growth of the blood purification equipment market. In addition, upsurge in innovations associated with blood purification techniques, hematology and pathophysiology of diseases is probable to further supplement the market growth during coming years. On the contrary, greater costs of the equipment and risks accompanying the blood purification processes may limit the growth of the blood purification equipment market during near future.

Europe is expected to manage its second dominant position throughout the forecast period owing to the availability of technologically improved equipment in critical care units, growth of awareness about blood purification procedures among the patient population, and well-established healthcare infrastructure across the region.

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Europe Blood Purification Equipment Market Share

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