Global Market Research Reports : Ken Research

Monday, October 3, 2022

5 Key Insights on US$ 45 Bn Opportunity in Global Dental Consumables Market: Ken Research

Driven by the increasing prevalence of dental problems along with the rising focus on physical attraction and surging demand for cosmetic dentistry, the Global Dental Consumables Market is Forecasted to reach nearly US$ 45 Bn by 2028 says Ken Research Study.

Dental Consumables are defined as products used by dental professionals on patients to treat or perform dental procedures associated with diagnostic, restorative, preventive, and emergency oral health issues. Dental hospitals & clinics, and laboratories are the major end-user of dental consumable products. The demand for dental consumables is increasing globally to treat and diagnose various dental problems including tissue problems, dental caries, dental impairment, and others. The increasing focus on physical appearance is driving the demand for dental consumables to perform cosmetic dentistry, which is expected to propel the growth of the market. Ken Research shares 5 key insights on this high opportunity market from its latest research study.

According to Ken Research estimates, the Global Dental Consumables Market – estimated to be around US$ 30 Bn in 2022 – is expected to grow further into around US$ 45 Bn opportunity by 2028- “Ken Research shares 5 key insights on this high opportunity market from its latest research study”.

1. Dental Consumables Market is expected to see Stable Growth owing to Rising Prevalence of Dental Problems

The global dental consumables market is expected to witness stable growth during the forecast period owing to the growing cases of dental problems or disorders including tooth erosion, tooth decay, gum diseases, mouth sores, and others. The increase in the geriatric population who are more prone to dental disorders due to increased gingival recession that exposes the surface of the roots and chronic diseases along with degenerative diseases makes older people more prone to dental infections. In addition, increasing focus on oral hygiene globally is anticipated to fuel the growth of the market.

In March 2022, according to World Health Organization (WHO), around 2 billion people are suffering from dental caries of permanent teeth globally and 520 million children are suffering from caries of primary teeth.

2. Advancements in Dental Technologies is the Major Growth Driver for the Global Dental Consumables market.

The advanced technology has the potential to reshape the dental industry by transforming treatments and making the process faster, simpler, and more efficient which eventually improves the customer experience. CAD/CAM is the latest technology in the dental industry, which uses software that makes it possible for dentists to perform complex dental surgeries more efficiently, accurately, and faster. CAD/CAM is gaining popularity among end users like hospitals, clinics, and laboratories especially to construct restorations like veneers, bridges, inlays, crowns, dentures, implant-supported restoration from high-strength ceramic, and others. The introduction of new technologies to make dental procedures more efficient, fast, and accurate is anticipated to fuel the growth of the market in the forecasted period.

In February 2022, Planmeca USA launched a new wet/dry chairside mill named the Planmeca PlanMill 35. It is one of the three key components of the FIT CAD/CAM system and is perfect for dentists who are looking to provide single-visit dentistry to their patients. It allows dentists to select materials from glass, zirconia, hybrid ceramics, composites and more and also provides improved accuracy, high speed, and ease of use in the scanning process.

According to IOPscience, the below figure depicts the patient satisfaction level of getting dental treatment with the help of CAD/CAM technology. The survey of patient satisfaction was conducted by IOPscience in Bosnia and Herzegovina 100 patients participated in the survey and gave their feedback and it was found that 75.20% reached the highest level of satisfaction with the use of new technology.

3. High Cost of Dental Treatments is the Most Significant Barrier to the Growth of the Dental Consumables Market.

The high cost associated with dental treatments, procedures, and consumables along with the lack of proper reimbursement policies for dental surgeries and implants is expected to restrict the growth of the market. The dental equipment including the dental chair, X-ray machines, connection to the compressor, surgical tools, materials, and medications like anesthesia and others contributes to the extravagant cost. Moreover, the maintenance of equipment, rent of hospital or clinics, electricity, technology, and others also adds up to the cost. In addition, it’s hard to afford expensive dental treatments, especially in developing countries.

According to The Board of Trustees of the University of Illinois, the treatment for gum diseases cost between USD 500 to USD 10,000 depending on the severity of the disease. More complicated treatments like crowns can cost between USD 600 to USD 1,000 and implants can cost around USD 2,000 or more.

4. Dental Hospitals & Clinics hold the major share in the End-User segment and are expected to maintain dominance during the forecast period.

Among the end-user segments, dental hospitals & clinics remained the dominant segment during the 2017-2021 period contributing to maximum market revenue share. Further, the Research Study found that this segment is likely to retain dominance even by 2028. Its dominance is owing to the growing number of dental hospitals and clinics globally along with the increasing adoption of new and advanced technologies by small and large dental clinics and hospitals. Moreover, the increase in dental tourism in emerging markets is anticipated to boost the demand for the segment in the market. In addition, companies are taking initiatives to develop portable dental clinics to provide oral healthcare services, which is expected to fuel the growth of the market.

In April 2022, Clowak Innovations a dental tech start-up based in Tamil Nadu, developed a complete set of compact “Portable Dental Clinic” (PDC) to fill the gap in the transportation of dental care in remote areas. PDC supports dentists to reach geriatric patients and pregnant women in remote areas.

5. North America region is expected to Dominate the Market with the Majority of the Market Share in 2022

North America region holds maximum market share and dominates the industry owing to a strong presence of a large number of dental consumables manufacturers coupled with the rising prevalence of dental caries among North American consumers. The increase in disposable income along with rising awareness regarding oral hygiene or care is expected to boost the growth of the market in the region. Furthermore, manufacturers of dental consumables are actively involved in strategic developments such as partnerships, acquisitions, launches, and others, which are further expected to augment the growth of the region in the dental consumables market.

In August 2022, Henry Schein, Inc. acquired Midway Dental Supply, a full-service distributor of dental products to clinics and hospitals across the U.S. The acquisition aimed to expand its business in the U.S. and bring new customers on board.

The Research study shows that the increasing prevalence of dental problems globally along with rising awareness about oral health among consumers is increasing the demand for dental treatment, diagnoses, and others in the region are anticipated to augment the growth of the dental consumables market in North America.

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Biomaterials Dental Consumables Market Size

Oman Blood Gas Analyzer, POC Immunoassay Analyzer and Transcutaneous Monitor Market Outlook to 2025 – Remarkable growth in the distribution and quality of health services in Oman has added to previous health achievements and stimulated the growth in future

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5 Key Insights on US$ 50 Bn Opportunity in Global NaaS Market

Driven by the Reduction in the amount of time and money spent on automation procedures and increasing inclination toward cloud technology, the Global NaaS Market is forecasted to Reach US$50 Bn by 2028 says Ken Research Study.

Network as a service (NaaS) is a cloud service model for delivering enterprise-wide area network services virtually on a subscription basis. NaaS allows companies to manage their own networks. Networking activities are controlled by software via NaaS providers, just like other cloud services, thereby allowing organizations to design their own networks entirely without hardware. Customers only need to have Internet connectivity. NaaS can take the place of traditional network configurations including virtual private networks (VPNs), connections using multiprotocol label switching (MPLS), and others. Additionally, it may take the position of local networking equipment like load balancers and firewall appliances. The business networking architecture has been significantly impacted by NaaS, a more recent approach for traffic routing and enforcing security requirements.

According to Ken Research estimates, the Global NaaS Market – which grew from around US$ 10 Bn in 2022– is expected to grow further to reach ~US$ 50 Bn opportunity by 2028 - “Ken Research shares 5 key insights on this high opportunity market from its latest research study”

1. NaaS market has seen Accelerated Growth after an increase in investment and collaboration in a cloud computing network.

The Global NaaS Market is expected to witness strong growth during the forecast period, owing to increasing investment and collaboration in cloud computing network virtualization and Software-defined networking. By leading market players by automating network services. Corporations need a network that enables on-demand access to their IT resources, apps, and infrastructure. To meet the connection demands of data centers, businesses are employing NaaS components to transform traditional networking components into available virtual resources. The majority of the business is working to integrate data from several sites and centralize operations in multi-tenant premises. Organizations go to cloud-based solution platforms as a result to run their business.

Furthermore, in March 2021, SDx Networks and Masergy communication Inc. entered into a partnership business to launch Australia’s next generation of ICT managed service providers. This partnership offers cloud networking in New Zealand, Asia Pacific, and Australia.

2. The increase in demand for high-speed networks by some of the end-user industries is major growth driver for Global NaaS Market.

NaaS enables the continuous launch of new patches, enhancements, and functionalities. It delivers synchronization and optimization for maximum efficiency while streamlining several processes, including new user onboarding. This can cut down on the time and expense associated with these treatments. As a result, it is driving the market's expansion.
Some of the factors driving the growth of the market include the increasing need for extensive and high-speed network coverage as well as rising acceptance and deployment of the cloud for data storage. Growing public NaaS deployment across a number of industries, including BFSI, manufacturing, retail, and transportation & logistics, among others, is favorably impacting the growth of the NaaS market.
5G and cloud computing technology have fueled the development of mobile applications. NaaS suppliers provide a distinct set of services for online platforms, such as data recovery, backups, and security, as well as licensing, support, maintenance, and server-based scalability. Developers may focus on enhancing their apps while NaaS providers handle the rest. This factor will drive the market in the near future.
In May 2022, Orange Business Services launched manage-watch, a solution for managing network and application services. In order to meet client expectations, it ensures end-to-end monitoring, the finest hardware, user interface, and application performance.

3. Network Security and connectivity infrastructure have emerged as an immersive opportunity for NaaS Market.

Shifting to NaaS will be challenging and time-consuming for medium- to large-sized businesses that have made considerable investments in network security and connectivity infrastructure for campuses, data centers, remote sites, and regional hubs. Any WAN connection failure can significantly slow down or even completely cease business network activities since NaaS depends on rapid, low-latency internet connections. Because the service is still in its early stages, the cost of NaaS is unknown. Business executives may discover that real annual operational expenditures are higher than anticipated as a result. Furthermore, the emergence of cloud-based solutions will enable more efficient collection and analysis of digitalization, and provide valuable data for AI systems applications.

In April 2018, China Mobile International, a Chinese telecom carrier, and Aryaka, a top provider of SD-WAN solutions, collaborated to offer completely compliant SD-WAN solutions for multinational corporations. This collaboration made it easier to build and administer SD-WANs and to comply with Chinese regulations.

4. The Large Enterprises Segment is likely to grow significantly during the forecasted period.

The NaaS market is anticipated to be dominated by the large enterprise segment. To reduce the costs involved with operating and maintaining the physical infrastructure, many businesses are moving toward virtual network architecture. Enterprises may utilize their networks more flexibly, dynamically, and quickly thanks to NaaS. The pay-per-use approach for the on-demand delivery of computing resources gives major businesses incentive to deploy NaaS systems. The adoption of NaaS in big businesses is also influenced by higher uptime, better security, better Quality of Service (QoS), higher performance, and optimized systems.

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5. Asia Pacific is the Fastest Growing Market of NaaS owing to the Increased Adoption of Advanced Technologies, a reduction in cost and complexity, and Rising Investments from Key players in the Development of Networks.

The Asia Pacific is expected to see the fastest growth in the NaaS market during the forecast period. The desire for virtualization, which reduces the cost and complexity of the traditional network infrastructure, will help the market expand. The worldwide network solution providers are establishing a virtualization network in the region to capitalize on the growing sector.

In July 2018, VMware launched a new Virtual Cloud Network in Malaysia to expedite the uptake of digital technologies. Because of its expansion, the company has been able to create products that enable businesses to create software-based end-to-end network architectures that can serve applications and data wherever they may be.

Enterprises are gaining from the technological advance of cloud-based network infrastructure owing to the strict government regulations governing data privacy and cybersecurity in nations like Japan, Australia, and Singapore. For instance, Japan and the European Union decided to recognize each other's data protection laws in July 2018 to ensure that personal data was adequately protected.

Asia-Pacific is the fastest-growing region as, of China’s widespread adoption of 5G and 5G mobile networks that support many different service types such as health, automotive, Banking Services, and Telecom.

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

Top NaaS Service Providing Companies

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3 Key Insights on US$ 14 Bn Opportunity in Global Night Vision Device Market: Ken Research

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Driven by the increasing military and defense expenditure and modernization costs, the Global Night Vision Device Market is Forecasted to Cross US$ 14 Bn by 2028 says Ken Research Study.

Night Vision Devices are optoelectronic devices that intensify the infrared, gamma, and ultraviolet light and produce a visible image that can be seen during the night or when the light levels are low or if it is dark. These devices can be handheld, mounted, or integrated into vehicles. Due to the benefits provided by these devices, they find a wide range of applications in military, defense, wildlife, and security-related activities among a host of other areas.

According to Ken Research estimates, the Global Night Vision Device Market – which is estimated to be around ~US$ 8 Bn in 2022 – is expected to grow further into a more than ~US$ 14 Bn opportunity by 2028.

Ken Research shares 3 key insights on this high opportunity market from its latest research study.

1. Growing Applications Beyond the Traditional Defense and Security Related Areas to Boost the Market

The global night vision device market has grown due to its applications and effectiveness for military, security, defense, surveillance, and crime prevention-related areas. The market is also growing due to the adoption of state-of-the-art technologies and the availability of a wide range of products available to end consumers now which is going to drive the growth of the market during the forecast period.

The products have now found growing applications in areas of wildlife spotting and conservation as well as having been widely used during the Covid-19 pandemic situation.

2. Rising Spend on Military and Defence Related Activities Worldwide has Accelerated the Use of Night Vision Device

The growing concern by the governments worldwide on the safety of their citizens and the continuous efforts to safeguard their own land from any major mishaps from internal or external threats from terrorist attacks or any other security issues has resulted in increased military and defense budgets worldwide on a consistent basis.

Night Vision Devices are a critical part of the military and defense equipment for the security forces which is going to drive its demand in the near future also.

3. Increased Focus on Border Security is Driving the Surveillance Segment’s Growth

The prevalence of incidents across the globe on border infiltrations is driving countries and regions to spend more on their border security. Countries like USA, India, and Regions such as European Union have increased their spending on border surveillance to protect themselves from any threat that can result from these incidents.

For example, after the India-China border issues in 2020, India spent INR ₹ 20,776 crores (US$ 2.6 Bn) on enhancing its military capabilities to deal with the challenges that arose on the border.

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

Global Night Vision Device Market

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3 Key Insights on Competitive Landscape in Global Dental Consumables Market: Ken Research

Regional Players Dominate the Market Holding of nearly 40% of Revenue Share Despite Presence of about 400 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Dental Consumables Market by Ken Research

Dental Consumables are the products that are utilized by dentists to treat dental health problems including tooth restoration, dental caries, tissue problems, dental impairments, periodontal diseases, and others. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players that constitute about 10% of the Total Number of Competitors Hold nearly 35% While Regional Companies Also Have a Strong Presence and Hold the largest revenue share of 40%

A comprehensive competitive analysis conducted during the Research Study found that the Global Dental Consumables market is highly competitive with ~400 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in dental consumables. The regional players comprise about 40% in terms of the number of companies and hold around 40% of the market revenue share followed by large global players that account for nearly 35% of the market revenue. Most of the country-niche players are operating their dental consumables business and continuously engaged in strategic developments such as innovative product launches, expansion, and others, and also large global players are expanding their dental consumables business through strategic partnerships, acquisitions, and others.

Leading Key Players' Ongoing Efforts To Provide Innovative Dental Consumables Are Driving Their Revenue Growth From This Market

Detailed comparative analysis of key competitors available within the Research Study shows that key players such as Dentsply Sirona, 3M, Ivoclar Vivadent, and others are highly focused on providing new and innovative dental consumable products for various end-users, and are deeply involved in strategic developments such as partnership, expansion, and others. Furthermore, several companies are aggressively involved in partnerships with other players for manufacturing new dental consumable products and are involved in launching new online platforms to offer all dental products on one platform.

In May 2022, Ormco Corporation launched a new online store for orthodontics in North America. The company aimed to provide a seamless and one-stop shopping experience for orthodontics through an online platform.

The Ongoing COVID Pandemic Led to the Rapid Decline in the Dental Consumables Market

The COVID-19 pandemic had negatively impacted the dental consumables market globally. Dental treatment possesses a huge risk of cross infection as it requires close physical proximity of dentists with patients and to curb the situation, the non-essential imaging and diagnosis were put on halt. The pandemic increased the demand for tele dentistry. However, Covid-19 has decreased the patient flow and resulted in a lack of routine dental check-ups and decreased demand for dental consumables. However, with the ease of lockdown and an increasing number of vaccinations, the market is anticipated to grow at a steady pace.

The rising incidence of dental diseases due to lack of oral care and bad eating habits during the COVID-19 pandemic is expected to boost the demand for dental treatments and diagnoses, which will eventually fuel the growth of the global dental consumables market during the forecasted period.

According to European Observatory on Health System and Policies, a partnership hosted by World Health Organization (WHO), the pandemic had a significant impact on routine check-ups due to restrictions by governmental bodies. The World Dental Federation (FDI) stated that due to disrupted routine check-ups and deteriorating eating habits, the incidence of tooth decay and oral diseases increased.

The growing need for Dental Consumables among End-User Led to Major Industry-Wide Developments, Acquisitions, Partnerships, and Expansion.

In January 2021, Nobel Biocare launched Xeal and TiUltra surfaces that are applied to implants and abutments, which optimize tissue integration at every stage. The new Xeal abutments are designed in such a way to promote soft-tissue attachment and the TiUltra surface promotes early osseointegration.
In February 2021, Align Technology announced the launch of the iTero Element Plus Series, a series of new solutions that feature next-generation technology to improve the scanning experience and increase practice productivity in the dental market.

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Dental Consumables Manufacturing Companies

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5 Key Insights on US$20 Bn Opportunity in Global Cloud Gaming Market

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Driven by 5G technology’s low latency capability and an increasing number of gamers across the globe: Global Cloud Gaming Market is forecasted to cross ~US$20 Bn by 2028 says Ken Research Study

Cloud gaming refers to a game that lives on a company server rather than on the gamer’s device or computer. The gamer enters the game by installing a client program that can allow to access the server where the games are running. The main advantage of cloud gaming is that the gaming company can upgrade or modify the games without having to worry much about the capabilities or performance of users’ computers. Cloud gaming has been there since the late 2000s, but the technology and internet speeds were not properly optimized for its performance until several years later.

According to Ken Research estimates, the Global Cloud Gaming Market – which grew from around US$ ~0.3 Bn in 2017 to nearly US$1 Bn in 2021 – is expected to grow further into a more than US$20 Bn opportunity by 2028. Ken Research shares 5 key insights on this high opportunity market from its latest research study.

Global Cloud Gaming Industry is Expected to Witness Exponential Growth, as the Number of Gamers and Access to 4G & 5G Technology Increases across the Globe

The Global Cloud Gaming Market is expected to witnessed an exponential growth of ~60% during the forecast period 2022-2028 primarily due to growing access to 4G and 5G technology’s low latency capability and the increasing number of gamers across the globe. Furthermore, during the Covid-19 pandemic, the Gaming industry developed a focus as companies relied on the launch of 5G technology to enhance efficiency due to low latency for the proper functioning of the games due to higher internet speed. The market is forecast to reach ~ 20Bn by 2028 from ~1Bn in 2021, witnessing a CAGR of around 60% during this period.

North America has the Fastest Adoption of Cloud Technology in the Gaming Sector Due to More Investments in The Industry and The Availability of Proper Fast Internet Infrastructure

Cloud gaming market growth is mainly driven due to an increase in people's inexpensiveness in the region and the region's strong economic foundation with the acceptance of cloud technology. Furthermore, free and mobile games are boosting the region's market growth with the presence of high-speed internet infrastructure in the region.

According to Ericsson, mobile operators can earn revenue from their 5G networks in North America and boost their service revenues by targeting segments of their subscriber base like cloud gamers with performance-oriented network slices.

Lack of High-Speed Internet in countries where 5G network is limited in countries like Latin America and the Caribbean acts as a challenge for the market

The challenge which the cloud gaming industry is facing is the lack of availability of high-speed internet within several countries as cloud gaming requires reliable and consistent speed of internet with proper bandwidth and setting up such a connection might be expensive. So lag in gaming or proper responsiveness of the game while playing might be an issue. Within developing geographies like Latin America there is very limited access to 5G mobile technology even as of 2022.

File Streaming Solution Segment Dominate the Market Contributing over half of the Revenue Share and they are Likely to Retain Dominance Even During Forecast Period

Among the Solution segments, File Streaming remained the dominant segment during the 2019-2021 period contributing over half of the market revenue share. Further, the Research Study found that this segment is likely to retain dominance even by 2028. File streaming is also known as stream file transfer. This technology allows players to have access to the game after downloading a small number of files to their devices. It allows game developers to decrease the cost of media production and send patches to gamers.

However, the Video Streaming Solution Segment is expected to witness the fastest growth. The growth is mainly as it can be used or played on any kind of device without the help of any technology. It has decreased the latency-related issue for cloud-based gamers.

The smartphone segment is the fastest growing Device segment in the cloud Gaming Market

Low cost of internet subscription and proper investment in the 5G technology increases the possibility of using Smartphones by people which boosts the potential of Cloud Gaming solutions.

The adoption of Smartphones is expected to increase to 85% by 2025 from 81% in 2021 according to Global System for Mobile Communications Association (GSMA) which also attracts gaming companies to focus more on mobile-based games.

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

Online Game Streaming Service Providers: Ken Research

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Sunday, October 2, 2022

About 25 Global Players Dominate Global Polyurethane Market Holding Over 40% of Revenue in 2021 Says Report: Ken Research

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Few Diverse Global Players Dominate the Market Holding ~40% of Revenue Share Despite Presence of about ~250 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Polyurethane Market by Ken Research.

Plastic substance polyurethane comes in a variety of shapes and sizes. It is the material of choice for a wide range of end-user applications and may be modified to be either rigid or flexible. Polyurethanes are adaptable, contemporary, and secure. They are employed in a wide range of processes to produce a wide range of consumer and industrial goods that are essential in making our lives more practical, cozy, and ecologically friendly. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Global Players that Constitute Just 10% of Total Number of Competitors Hold Largest Revenue Share of 40% While Regional Companies Also Have A Strong Presence and Hold 30%

A comprehensive competitive analysis conducted during the Research Study found that the Global Polyurethane Market is highly competitive with ~250 players which include globally diversified players, regional players as well as a large number of country-niche players. The large global players comprise about 10% in terms of the number of companies and hold ~40% of the market revenue share followed by regional players which account for ~30% of the market revenue. Most of the country-niche players are foam and raw material suppliers. Some of these who successfully evolve to create application-specific solutions often get acquired by large global players seeking to grow and diversify quickly.

2. Leading Specialist Global Players' Ongoing Efforts To Provide Range Polyurethane Foams To Multiple End User Industries are Driving Revenue Growth of this Market

Detailed comparative analysis of key competitors available within the Research Study shows that specialist companies, such as Foamcraft Inc, and Laxness are highly focused on providing a significant number of polyurethane products that can be used across multiple industries, including furniture, building and construction, and more.

3. A Temporary Halt in Manufacturing Activities Caused By The Prolonged COVID-19 Hindered The Global Production Of Raw Materials.

Government restrictions on travel, lockdowns, and factory closures caused by the COVID-19 pandemic affected the polyurethane industry. The building and construction sector’s stagnancy harmed the polyurethane market. Storage apparatuses, such as specific refrigerators, where COVID-19 vaccine vials can be kept, are prepared using rigid polyurethane foams. These are deployed in the global shipment of vaccines.

Due to the COVID-19 pandemic, there was a temporary halt in manufacturing activity that hampered the production of raw materials around the world. It affected both the market and other concurrent activities in the end-user segment. Several raw material orders, including those for MDI, TDI, polyols, and isocyanates, were delayed or canceled, resulting in production bottlenecks.

However, the building and construction industry, along with the furniture market, is in a recovery mode, putting the Polyurethane market back on the growth trajectory.

Increased Government Initiatives And Policy To Support The Growth Of The Global Polyurethane Market

The use of methylene chloride at foam production processes is forbidden by the final National Emission Standards for Hazardous Air Pollutants (NESHAP). Local manufacturers of flexible polyurethane foam Cut or glue pieces of flexible polyurethane foam extension of the Time for Public Comment the planned RTR's public comment period has been extended until March 29, 2021. These components are then employed in upholstered products including furniture, automobiles, some appliances, and other products, either together or to other substrates.

The phase-down of HFCs for low GWP blowing agents has the complete backing of the American Chemistry Council (ACC). In accordance with the AIM Act, the Center for the Polyurethanes Industry (CPI) petitioned the EPA in May to gradually reduce the usage of HFCs in the polyurethane industry. With effect from January 1, 2023, the petition asks the EPA to reinstate the limitations on HFCs from the Significant New Alternatives Policy initiative.

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

Global Polyurethane Market

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Growth of Cosmetic Surgery and Procedure Market is driven by Moving Dimensions of Beauty: Ken Research

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Cosmetic surgery is a surgical or non-surgical procedure that is dedicated to the reconstruction of facial and body structure. Cosmetic processes are becoming more prevalent and expanding at a speedy rate due to the technological innovations and the development of sophisticated materials such as silicone implants, among others are influencing the industry forward. The introduction of technologically improved products, such as non-invasive body contouring systems, which utilize fat freezing technology, is predicted to generate the lucrative growth choices.

The market has observed a spike during the past few months and it is projected to be in high requirement throughout the reviewed duration. According to the report analysis, ‘Cosmetic Surgery and Procedure Market: Current Analysis and Forecast (2021-2027)’ states that growing awareness in the population universally through, peer pressure for appearance and attractiveness, and moving dimensions of beauty, will propel the growth of the market.

COVID-19 is a global health emergency that distresses almost every industry, this pandemic has been proceeding to move the growth of dissimilar market sectors. In the healthcare industry, the pandemic directly affected the producing, demand, and supply chain of several medical devices and pharmaceutical companies.

Some of the foremost companies functioning in cosmetic surgery and process include Abbvie Inc., Bausch Health Companies Inc., Cynosure Technologies, Galderma SA, Merz Pharma GmbH & co. KgaA, Sinclair Pharma plc, Syneron, Teoxane Laboratories, Vital Esthetique, Johnson & Johnson among others are the key companies which recently working in the market for keep maintaining the governing position, leading the highest market growth, obtaining the competitive edge, registering the great value of market share and generating the highest percentage of revenue.

Based on our report analysis, ‘Cosmetic Surgery and Procedure Market: Current Analysis and Forecast (2021-2027)’ it was witnessed that the capacity of both surgical and nonsurgical cosmetic processes has augmented during the past few years. This can be accredited to growing disposable income, growing safety of the surgical processes, increasing faith of patients on such surgeries and increasing medical tourism.

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This report forecast revenue growth at regional, global and country level and delivers an analysis of the latest industry trends in each of the sub-segment from 2021-2027.

Based on procedure, the cosmetic surgery and procedure market is classified into surgical and non-surgical. Among these, the non-surgical category is projected to witness a proficient growth rate over the review period. Individuals are progressively adopting non-surgical procedures mainly due to the growing affordability of cosmetic procedures, augmenting the safety of surgeries, the existence of skilled surgeons, and long-lasting results.

For a well understanding of the market, the report makes available a detailed analysis of major regions and countries comprising North America (U.S., Canada, Rest of America); Europe (Germany, U.K., France, Spain, Italy, Rest of Europe); Asia-Pacific (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific) and Rest of World. During 2020, North America registered for a proficient market share. This is mainly owing to the growing cosmetic surgeries, high income, improved healthcare infrastructure, and implementation of cosmetic procedures such as liposuction, eyelid surgery, botulinum toxin, and hair removal treatment, around the region.

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Global Cosmetic Surgery and Procedure Market: Ken Research

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Global Cosmetic Surgery and Procedures Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery

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5 Key Insights on US$ 10 Bn Opportunity in Global Surface Disinfectant Market: Ken Research

Driven by Growing incidences of healthcare-associated infection, increasing product demand from non-healthcare industries, health clubs & gyms, and outbreaks of infectious diseases like Covid-19, the Global Surface Disinfectant is Forecasted to reach ~US$ 10 Bn by 2028 says Ken Research Study.

A surface disinfectant is a synthetic substance used to treat or sanitize the microorganism present on the surfaces such as walls, tabletops, floors, etc. Surface disinfectants help in reducing or eliminating the presence of pathogens, minimizing the risk of spreading bacteria along with maintaining hygiene. Furthermore, the Covid-19 outbreak and awareness to maintain sanitation driving the growth in this industry.

According to Ken Research estimates, the Global Surface Disinfectant Market – which grew from ~US$ 4 Bn in 2017 to ~US$ 6 Bn in 2022 – is expected to reach ~US$ 10 Bn opportunity by 2028. Ken Research shares 5 key insights on this high-opportunity Global Surface Disinfectant market from its latest research study.

1. World has Seen Accelerated Growth in the Surface Disinfectant Market Due to Covid-19 and the Awareness Among People to Maintain Sanitation

The outbreak of COVID-19 increased the need for surface disinfection and cleaning practices significantly. Since the outbreak in 2020, the virus spread very quickly to all parts of the world, infecting millions. All the known measures were being taken to curb the spread of the deadly virus, including disinfection and cleaning of surfaces. This increased the demand for the surface disinfectant to multiple folds. Many companies had to increase their production due to disinfectant’s high demand. Disinfection practices were vital in reducing COVID-19 virus contamination in non-healthcare settings, such as homes, offices, schools, gyms, publicly accessible buildings, faith-based community centers, markets, transportation, and business settings or restaurants. So, demand from non-healthcare settings also increased.

2. Global Surface Disinfectant Market is Driven by Growing Incidences of Healthcare-Associated Infections

The Global Surface Disinfectant Market is expected to witness strong growth during the forecast period, due to the rising demand for surface disinfectant products in hospitals & clinics. Increasing incidence of healthcare-associated infections and rising occurrences of chronic disorders are expected to propel the market growth. Surface Disinfectant products are frequently used in healthcare facilities as it maintains hygiene and prevents healthcare-associated infections. As per a study conducted by the U.S. Department of Health and Human Services, in every 20 diseases, one in the U.S. is a healthcare-associated Infection.

3. Most of the Surface Disinfectant Available in the market have Some Toxic Properties which create a Barrier to the Growth of the Surface Disinfectant Market.

Most of the chemical disinfectants currently available in the market have toxic properties. For example, sodium hypochlorite is an effective treatment against blood-borne pathogens but due to its highly corrosive and respiratory irritant nature, it is dangerous for cleaning personnel and building occupants because it is toxic when released into the environment and causes damage to many surfaces. In almost all surface disinfectant products volatile organic compound (VOC) amount is high which causes health issues to people when used frequently.

According to a study conducted by the National Library of Medicine, in the United States, Australia, the United Kingdom, and Sweden 15.7% of the general population, and 32.9% of asthmatics, reported health problems from being in a room after it has been cleaned by fragranced products.

4. Increasing Popularity of Biobased Surface Disinfectants

Biobased surface disinfectants are viewed as alternatives to their chemical counterparts owing to their non-toxic, biodegradable, and eco-friendly characteristics. The FDA approval to use biobased products in formulations of surface disinfectants is expected to create huge growth opportunities for market participants. Also, the increasing application scope of biobased surface disinfectants along with the high potential to replace chemical counterparts at economical levels is anticipated to create lucrative opportunities for the existing as well as new market participants. Biobased surface disinfectants have less impact on the environment.

5. North America is the Largest Region of the Global Surface Disinfectant Market owing to the Increase in Healthcare Spending

The pandemic has disrupted healthcare systems all over the world, with hospitals being overwhelmed due to the increasing influx of patients. Temporary hospitals are also being set up to deal with an increasing disease incidence. Hence, the spread of COVID-19 has spurred a surge in demand for cleaning and disinfection products due to the growing awareness about safety, hygiene, and health. Increasing healthcare expenditure in North America and an increase in the number of temporary hospitals are some of the major factors driving the demand and uptake of antiseptics and disinfectants.

As per the report of “Healthcare Facilities Today”, published in 2021 the United States will spearhead the growth of surface disinfectants in North America, accounting for maximum sales of surface disinfectants. Increasing healthcare spending will seal the dominance of the United States.

For More Information, refer to below link:-

Industrial Cleaning Disinfectant Market

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3 Key Insights on Competitive Landscape in Global Surface Disinfectant Market: Ken Research

Diverse Global Players Dominate the Market Holding the Majority Revenue Share Despite Presence of ~250 Competitors Comprising a Large Number of Country-Niche Players and Regional Players, finds a recent market study on Global Surface Disinfectant Market by Ken Research

A surface disinfectant is a synthetic substance used to treat or sanitize the microorganism present on the surfaces such as walls, tabletops, floors, etc. Surface disinfectants help in reducing or eliminating the presence of pathogens, minimizing the risk of spreading bacteria along with maintaining hygiene. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players that constitute about 10% of the Total Number of Competitors Hold the Largest Revenue Share While Regional Companies Also Have a Strong Presence

A comprehensive competitive analysis conducted during the Research Study found that the Global Surface Disinfectant market is highly competitive with ~250 players which include globally diversified players, regional players as well as country-niche players having their own niche in surface disinfectant products for specific segments. The large global players comprise about 10% in terms of the number of companies and hold the majority of the market revenue share followed by regional players. Most of the country-niche players are local suppliers of disinfectant products and sell their products in small shops or by direct selling method. Some of these who successfully evolve to capture some markets often get acquired by large global players seeking to grow and diversify quickly.

Leading Global Players' Ongoing Efforts To Provide Advanced Surface Disinfectant Product To A Variety of End-users Are Driving Their Revenue Growth From This Market

Detailed comparative analysis of key competitors available within the Research Study shows that global players such as Reckitt Benckiser Group PLC, SC Johnson Professional, Procter and Gamble, are highly focused on providing a significant number of surface disinfectant products that can be used across multiple end-user industries like hospital & Clinics, household, commercial facilities, educational institutions, etc. Furthermore, several companies and organizations are aggressively investing in R&D to improve product quality, introduce more products in spray form, and introduce biobased surface disinfectants.

In March 2021, BASF signed a partnership agreement with Allied Carbon Solutions Co., Ltd. (ACS) Japan to strengthen its global position in bio-based surfactants and actives.
In April 2021, Unilever partnered with LanzaTech and India Glycols to produce a surfactant made from industrial carbon emissions instead of fossil fuels.

The Ongoing COVID-19 Led to A Significant Increase in Demand for Surface Disinfectant Products Across the Globe. Even After the Pandemic Major Players are Developing and Launching New Products to Maintain their Market Share

In February 2021, P&G launched Microban 24, the new disinfectant brand in the UK, the product range offers protection against bacteria in homes, not only initially killing 99.9% of bacteria and select viruses, including COVID-19 virus and flu virus, but continuing to kill bacteria for up to 24 hours, even after multiple touches. In April 2020, ITC launched its product Savlon Surface Disinfectant Spray which claims that spray kills 99.99% of germs around the home, including viruses, bacteria, molds & fungi.

Increased Regulations of Regulatory Bodies and Governments to Maintain Hygiene for Covid-19 and Major Players’ Interest in Surface Disinfectant Market Led to Industry-Wide Developments, Acquisitions, And Deal-Wins

On 31^st March 2022, World Health Organization (WHO) updated its regulation regarding non-healthcare settings like sodium hypochlorite may be used at a recommended concentration of 0.1% or 1,000ppm. Alcohol at 70-90% can also be used for surface disinfection.
Since the Pandemic Health Canada has published a list of hard-surface disinfectants that are likely to be effective for use against (COVID-19). This list is updated regularly.
In March 2020, Chimcoplex received approval from the Ministry of Health, Romania, for the production of 1.25% sodium hypochlorite. This is further expected to support the surface disinfectant manufacturers for production and thus drive the growth of the market segment.

For More Information, refer to below link:-

Global Hospital Disinfectant Products Market

Thailand Medical Device Market Outlook to 2026F – Driven by prevalence of chronic diseases in the country combined with the government’s supportive policies and the BOI’s incentives

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Ken Research

Ankur Gupta, Head Marketing & Communications

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