India Liquid Packaging Market has grown at a CAGR of 7% over the last five years: Ken Research

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Market is characterized by leading players expanding their production capacities aggressively in the past few years.

The biggest segment of liquid packaging market in revenue terms is flexible packaging market, i.e., Tetra Pak, which is also one of the fastest growing packaging segments. The end user market, which drives the demand for liquid packaging market include firms from F&B, Pharma, Liquor, Personal Care, Household Care and Industrial sector. The glass segment includes major manufacturer for pharma, liquor and F&B segment and the share of this segment in the liquid packaging market has been dwindling in the recent years.

Recycling rate of glass packaging in India is at double digit percentage. Almost all households in India dump their waste in a single bin instead of segregating glass, metal, paper wastes and hence all these end up in landfills thereby making it difficult to get glass cullets. Ragpickers in India picks up a bottle of glass and a bottle of plastic, the bottle of glass is around 400gm; the bottle of plastic is around 40gm. So, the economics of rag-picking or economics of recyclability doesn’t favor glass.

SIG, a leading systems and solutions provider for aseptic packaging, announced its entry into the Indian market, with Kandhari Beverage being the first SIG customer. Mitsu Chem Plast to diversify portfolio by entering pails for packaging segment to cater to lubricant, paints, ink and the food (FMCG) industry.

Cases of same liquid being packaged in glass and other packaging materials are observed. Alcoholic beverages, which traditionally relied on glass packaging are slowly moving to PET and tetra packs because of convenience and sustainability reasonsTetra Pak emerging as preferred packaging for alcohol in Karnataka. After states like Karnataka, Andhra Pradesh and Maharashtra, Delhi has also started selling liquors in tetra packs.

The report titled “Market Study on India Liquid Packaging Market- Characterized by leading players expanding their production capacities aggressively in the past few years”, provides an exhaustive analysis of the liquid packaging market in India. It is expected that in retailing, as trends like drone delivery come into being, Tetra Pak will hold an advantage over glass and tin packaging as their packaging is lighter. In terms of Co₂ emission at the production stage, Tetra Pak cartons are the winner, followed by plastic, then aluminum, and then glass is the worst. The market is expected to witness enhancing use of Tetra Pak over long term as well as it is also one of the fastest growing packaging segments. The liquid packaging market has shown a positive CAGR of 7% for period 2018-2022P.

Key Segments Covered in the report:-

India Liquid Packaging Market:

Ecosystem

Supply Side

Demand Side

Supply Side (by Material Type)

Glass

Plastics

Metals

Tetra Pak

Others

Demand Side

Pharma

F&B

Personal Care

Household Care

Others

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Market Size

Revenue

Volume

Market Segmentation by Material Type on the basis of Revenue as well as volume

Glass

Plastics

Metals

Tetra Pak

Others

Market Share of Liquid Packaging (FY’18-FY’22)

Total Revenue (in INR Cr)

Total Volume (in ‘000 MTPA)

Domestic Revenue (in INR Cr)

Domestic Volume (in ‘000 MTPA)

Market Share of Glass Packaging (FY’18-FY’22)

Total Revenue (in INR Cr)

Total Volume (in ‘000 MTPA)

Domestic Revenue (in INR Cr)

Domestic Volume (in ‘000 MTPA)

Competitive Assessment

Liquid Packaging

Glass Packaging

Import Scenario

Value

Volume

Market Dynamics

Liquid Packaging

Glass Packaging

Key Target Audience

Liquid Packaging companies

Pharmaceutical companies

F&B companies

Personal Care companies

Time Period Captured in the Report:-

FY’2018-FY’2022

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Companies Covered:-

Uflex

Tinplate

Essel

Tetra Pak

Huhtamaki

PGP Glass

HNG

AGI Greenpac

Canpack

Firozabad Cluster

Manjushree

Alpla

Mold Tek

Hitech Group

Schott Poonawalla

Empire Industries

Pragati glass Pvt. Ltd.

Vitrum

Mitsu

Key Topics Covered in the Report

India Liquid Packaging Market Overview

Market Ecosystem of Liquid Packaging Market- Supply Side

Market Ecosystem of Liquid Packaging Market- Demand Side

Market Size by Revenue of Liquid Packaging Market in India

Market Size by Volume of Liquid Packaging Market in India

Market Segmentation by Material Type basis Revenue

Market Segmentation by Material Type basis Volume

Market Share of major players in Liquid Packaging by Total Revenue

Market Share of major players in Liquid Packaging by Total Volume

Market Share of major players in Glass Packaging by Total Revenue

Market Share of major players in Glass Packaging by Total Volume

Market Share of major players in Liquid Packaging by Domestic Revenue

Market Share of major players in Liquid Packaging by Domestic Volume

Market Share of major players in Glass Packaging by Domestic Revenue

Market Share of major players in Glass Packaging by Domestic Volume

Competitive Assessment of Liquid Packaging

Competitive Assessment of Glass Packaging

Import Scenario on the basis of Value

Import Scenario on the basis of Volume

Porter’s Five Force Analysis of Glass Packaging Segment

Market Dynamics of Liquid Packaging

Market Dynamics of Glass Packaging

The Future of Liquid Packaging

Case Study of same liquid being packaged in glass and other packaging materials

For more insights on the market intelligence, refer to the link below:-

India Liquid Packaging Market

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USA E-Commerce Logistics Market Outlook to 2026

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Changing lifestyles and rising per capita income is increasing the demand for Brazil Cold Chain Market: Ken Research

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1. Cold Chain Industry in Brazil expanded at a CAGR of ~7.6% in 2022 and is poised to climb further in 2027F

Brazil Cold Chain Market is estimated to grow at a positive CAGR of 15.3% in between 2023F and 2027F.

The Cold Chain market in Brazil is emerging with key projects due to high exports of fruits and vegetables. The number of new companies is constantly increasing in the market which are small and still capturing market share. The evolution of Cold Chain is being driven by the appearance of new companies with a vision of opportunity in the business and aim to capture market share. The surging growth is attributed to the increasing demand for meat and seafood and rising export and imports in the country.

The increasing consumption for meat and seafood and other items helped in growing demand for cold chain facilities in Brazil which attributed to the growth of the industry.

2.  Southern and South-eastern region capture the majority of Brazil Cold Chain Market with a share of 54% in 2022

The southern region of the Brazil has geographical advantage as it is near to coastline which makes it strategically better for transportation. It also has the second largest industrial base in the country. It contributes to the maximum share of 31% to the Brazil Cold Storage Market.

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The Southeast region comprises of state of Sao Paulo, Rio de Janerio, Minias Gerais etc. It is the wealthiest and most populous region of the country. It contributes 27% to the total revenue of Brazil Cold Storage Market, all these states are situated near the rich coastline which provide ample opportunities for import and export. Many companies established their first warehouses in Sao Paulo. The prices charged here are competitive due to presence of many companies here.

3.  Lack of infrastructure, transport security, increasing operational costs are some of the challenges faced in the Brazil Cold Chain Market

Lack of Infrastructure

There is difficulty related to infrastructure of the distribution centers and transport routes, both on the railroads and on the highways hindering speed and quality of travel. Majority of the roads are unpaved and seaways are underutilized posing several challenges for the transporters.

Rising Cost of Operations

It is very difficult for the companies to keep their accounts scaled considering the operational costs of operating the business. Increasing taxes, high investments required in cold storages and reefer trucks, lack of infrastructure causing severe damage among other things make it difficult for companies to maintain profitability.

Transport Security

A company would expect its load to arrive complete and on time.

The number of accidents on the country’s highways is increasing and many of these incidents involve trucks.

Thus, one of the major logistic challenges is to find solutions so that occurrence of accidents can be reduced.

There are other problems like health of employees driving the vehicle, goods can be damaged or lost causing losses to investors.

4.  Recommendations to meet Brazil cold chain challenges 

• Infrastructural Development
• Adopting Automation and Modern Technology
• Expansion to untapped and underdeveloped areas of Brazil
• Increasing number of cold storage warehouses
• Simplifying Tax Structure
• Improving Transport Security

For more insights on the market intelligence, refer to the link below:-

Brazil Cold Chain Market

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The Thailand Dental Services Market is expected to contribute ~$1.7 Bn owing to ageing population, rising dental tourism and government’s initiatives in healthcare: Ken Research

 Ecosystem of Thailand Dental Services Market

Thailand Dental Services Market is at a growing stage and has highly fragmented market with MOS Dental as the market leader. Country has 200+ organized clinics and 5,000+ unorganized clinics. Thailand dental services market is in growth stage as there is moderate growth owing to rising independent dental clinic chains and dental tourism.

Key Findings

• The Kingdom of Thailand wants to stimulate its economy by becoming an international hub for medical and dental treatment.
• Cosmetic dentistry and implants are the growing field in the near future. This is because cosmetic dentistry is usually expensive but travelling to a dental hub like Thailand saves a lot of cost.
• The government is also increasing insurance coverage for dental care services through their public health schemes which would further increase demand for dental services.

Rising Dental Services Market: The rising age of the population is gearing them towards better oral health practices as well as increasing their demand for dental treatments. Dental services market is anticipated to witness significant growth over the forecast period due to the increasing accessibility, rising dental tourism and government initiatives.

Rise in the number of Dentists: The number of dentists is expected to rise in the coming years owing to the new opportunities in the dental services market. The increase in the overall population and dental tourism are considered to be the factor for these developments.  The total number of Dentists in Thailand was 17,738 in 2021 growing with expected CAGR of more than 9 % over the period 2021-2026F. By 2025, the Thai population per dentist is expected to be around 2,500 people.

New Government Policies: The government provides dental coverage in its national insurance schemes for simple procedures and has introduced initiatives to expand access and awareness. The Thailand National Digital Healthcare Workforce Development Initiative (WDI) was officially launched to focus on the development of a three-year work plan to address the demand of patients for digital healthcare services in light of the Thailand 4.0 digitization journey.

Analysts at Ken Research in their latest publication “Thailand Dental Services Market Outlook to 2026F- Driven by Rising Dental Awareness, Dental Tourism, Lower Dental Services Cost and Government’s Strong Initiatives in Healthcare System” by Ken Research observed that Dental Services market is an emergent healthcare market in Thailand at a rebounding stage from the economic crisis after pandemic. The rising government policies and demand for cosmetic dentistry, dental consciousness among the population along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 7.1% CAGR during 2021-2026F owing to increasing accessibility, rising dental tourism and government initiatives.

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Key Segments Covered in the report

Malaysia Dental Services Market

• By Type of Services
  • Endodontics
  • Orthodontics
  • Prosthodontics
  • Cosmetic Dentistry
  • Periodontics
  • Others
• By Institutions
  • Hospitals
  • Dental Clinics
• By Dental Clinics
  • Organized Clinics
  • Unorganized Clinics
• By Revenue
  • International Revenue
  • Domestic Revenue
• By Cities
  • Chonburi
  • Bangkok
  • Mueang Nonthaburi
  • Udon Thani
  • Other Cities

Key Target Audience

• Dental Clinics
• Dental Equipment Manufacturers and Distributors
• Dentists
• Hospitals
• Market Research and Consulting Firms
• Healthcare Companies
• Pharmaceutical Companies
• Tourism Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

• Historical Period: 2018-2021
• Forecast Period: 2021-2026F

Companies Covered:

• LDC Dental Clinic
• MOS Dental Clinic
• Delta Joy
• Smile Signature
• Thantakit
• Siamdent
• BFC Dental
• Sea Smile
• Beauty Smile
• Bangkok New Smile
• Thantakit International
• Zenitoni
• Smile Dental Group Pattaya

Key Topics Covered in the Report

• Thailand Healthcare Overview
• Thailand Dental Services Market Overview
• Ecosystem, Business Cycle and Genesis of Thailand Dental Services Market
• Thailand Dental Services Market Size by Revenue, 2018-2021
• Thailand Dental Services Market Segmentation (By Type of Services, By End Users, By Dental Clinics, By Revenue Division, By Cities), 2021
• End User Analysis of Thailand Dental Services Market
• Industry Analysis of Thailand Dental Services Market
• Key Growth Drivers in Dental Service Market in Thailand
• Trends Driving Adoption of Digital Innovation
• Major Challenges and Bottlenecks in Thailand Dental Services Market
• Regulatory Framework in Thailand Dental Services Market
• Competition Framework for Thailand Dental Services Market
• Market Share of Major Dental Services Providers in Thailand Dental Services Market
• Cost Sheet of Major treatments and Price List of major Players
• Impact of Covid-19 on Thailand Dental Care Market
• Future Outlook and Projections of the Industry, 2026F
• Market Opportunities and Analyst Recommendations

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

Thailand Dental Services Market

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Global Vegan Chocolate Confectionery Market is expected to reach a market size of US$ 1200 million by 2028: Ken Research

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Global Vegan Chocolate Confectionery Market was valued at ~US$ 335 million in 2017. The demand for vegan products has been driven by consumers' growing acceptance of such lifestyles, particularly among teenagers and employees in the workplace, and the market is expected to expand significantly during the estimated period. It is estimated to be ~US$ 575 million in 2022 and is expected to reach a market size of ~US$ 1,200 million by 2028 growing at a CAGR of ~13% during 2022-2028.

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An increase in consumer health awareness is driving up demand for vegan chocolate since a well-planned vegan diet that follows healthier dietary guidelines provides a body with all the nutrients it requires.

• Consumers are becoming more sensitive and empathetic to animals as they become more aware of the conditions and environments in which animals are raised. Because of animal welfare issues, consumers are rapidly turning to plant-based foods, especially plant-based chocolates. Vegan chocolate is produced without the use of dairy milk, which many people these days believe is a significant contributor to environmental problems.
• Vegan chocolate is very nutrient-dense for consumers, but since it is more expensive than normal than traditional chocolate, vegan chocolate producers find it challenging to compete in the world market.
• The COVID-19 pandemic had a negative impact on the market since most countries imposed lockdowns, which hindered the supply of cocoa around the world, reduced output, and limited sales.

Key Trends by Market Segment

By Product- Molded Bars dominated the market in 2021 since chocolate bars have become the most popular type worldwide.

• Molded bars are becoming increasingly popular among young adults. As a result, industry manufacturers have the advantage of launching new products targeted at such age groups. In addition, the convenient size of the product adds to its growth.
• Molded bars are used in premium bakery products for various festivals and small events grows.

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By Type- The milk segment accounted for the highest market share in 2021, due to the increasing demand for such products because of its sweet and creamy flavor.

• Major market players are also developing vegan versions of well-known chocolate confectionery. Such an approach allows the firm to enjoy global brand loyalty that results in increased sales of such products.
• Endangered Species Chocolate introduced a new Animal-Free range of Oat Milk Chocolate in March 2020. This product line includes oat milk bars that are vegan and gluten-free and come in three flavors.

By Distribution Channel- Hypermarkets/Supermarkets dominated the market in 2021, due to the public preference for buying food and snacks from Hypermarkets/Supermarket.

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• Such dominance can be attributed to consumers' strong preference to purchase goods from large supermarkets since they have a wide variety of brand and pricing options.
• Furthermore, vegan chocolate is offered at a discount and is a premium quality food product at supermarkets and hypermarkets.

By Geography: North America accounted for the largest market share among all regions in 2021, owing to the region's growing vegan population is expected to boost the market growth.

• As the vegan population in Canada and the United States grows, North America will see a rise in vegan chocolate confectionery.
• Furthermore, owing to the subcontinent's existing recognized product manufacturers and the introduction of new food innovations supporting the market value of vegan diets among the younger population, this region will witness significant growth in market size.

 Competitive Landscape

The Global Vegan Chocolate Confectionery Industry is competitive with ~100 players which include globally diversified players, regional players as well as several country-niche players each with their niche in Vegan Chocolate Confectionery. Large global players constitute ~15% of competitors, while country players represent the largest number of competitors. Some of the major players in the market include Alter Eco, Endangered Species Chocolate, LLC, Endorfin Foods., Equal Exchange Coop, Goodio, Mondelēz International, Nestle, No Whey Chocolate, The Hershey Company, Theo Chocolate, Inc., and others.

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Recent Developments Related to Major Players

• In April 2021, Mondelez International, Inc., a world leader in snacking, and Olam Food Components (OFI), a top supplier of cocoa beans and cocoa ingredients announced a new collaboration in Indonesia to establish the largest sustainable commercial cocoa plantation in the world.
• In January 2021, Alter Eco launched two new super-dark chocolate bars to their Blackout range: Total Blackout and Raspberry Blackout.

Conclusion

The Global Vegan Chocolate Confectionery Market is anticipated to grow significantly during the projected period (2022-2028) due to an increase in the number of initiatives and public awareness about environmental protection and animal suffering. Furthermore, adolescents and adults are dealing with issues such as food allergies and lactose intolerance, which have influenced individual eating habits in recent years. Though the market is competitive with ~100 participants, few country-niche players control the dominant share and regional players also hold a significant share.

Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of two working weeks.

Ken Research has recently published report titled, Global Vegan Chocolate Confectionery Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 segmented into Product, Type, and Distribution Channel. In addition, the report also covers market size and forecasts for the four regions. The revenue used to size and forecast the market for each segment is US$ Million.

Market Taxonomy 

By Product      

• Molded Bars
• Chips & Bites
• Boxed
• Truffles & Cups
• Others

By Type            

• Milk
• Dark
• White

By Distribution Channel         

• Hypermarkets/Supermarkets
• Convenience Stores
• Specialty Stores
• Online Retail
• Others

By Geography

• North America

USA

Canada

Mexico

• Europe

France

Italy

Germany

Spain

UK

Rest of Europe

• Asia Pacific

China

India

Japan

South Korea

Australia

Rest of Asia Pacific

• LAMEA
• Latin America
• Middle East
• Africa

Key Players     

• Alter Eco
• Endangered Species Chocolate, LLC
• Endorfin Foods.
• Equal Exchange Coop
• Goodio
• Mondelēz International
• Nestle
• No Whey Chocolate
• The Hershey Company
• Theo Chocolate, Inc.

Global Biophotonics Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

 The Global Biophotonics Market was valued at ~US$ 30 billion in 2017. Furthermore, owing to the development in biosensors and increased use of biophotonics in the nonmedical sector, it is estimated to be ~US$ 50 billion in 2022 and is expected to reach a market size of ~US$ 100 billion by 2028 growing with a CAGR of ~12% during 2022 to 2028.

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Key Growth Drivers

• The recent surge of nanotechnology, combined with increasing demand for home-based Point-of-Care (POC) devices, is expected to drive market growth in the coming years.
• Advances in optical technologies in the aerospace and telecommunications sectors, combined with the availability of private and government funds for R&D, are also expected to boost the market growth.
• The complexity of biophotonics technology, combined with the high cost of biophotonics-based instruments, may stifle market growth.
• The ongoing COVID-19 pandemic has hampered biophotonics market growth by disrupting hospital care for non-COVID-19 patients in hospitals and other end-user facilities across countries.

Key Trends by Market Segment

By Technology: The In-Vitro segment held the largest market share of the global biophotonics market in 2021.

• In-Vitro basically used studying cells in culture or methods of testing the antibiotic sensitivity of bacteria.
• Furthermore, in-vitro optical imaging is being conducted in a variety of medical applications, such as optical breast cancer imaging, functional brain imaging, endoscopy, exercise medicine, and monitoring the photodynamic therapy and progress of neoadjuvant chemotherapy.

By End-User: The Medical Diagnostics segment held the largest market share of the global biophotonics market in 2021.

• Diagnostic biophotonics is used to detect diseases in their initial stages before actual medical symptoms occur in patients.
• Furthermore, they provide several advantages of sensing and imaging at the molecular level and also collect multidimensional data for evaluation.

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By Application: The Analytical Sensing segment held the largest market share of the global biophotonics market in 2021.

• It is a two-part analytic device that consists of two major components: a (bio) chemical microzone (recognition element) that comes into contact with the sample and is closely associated (connected or integrated) with an optical, electric, thermal, mass, or acoustic transducer for converting the recognition pattern into a (usually electric or optical) primary signal that can be amplified and measured by a detector (instrument).
• Furthermore, they typically respond to the presence and/or concentration (activity) of an analyte species.

By Geography: North America accounts for the largest share among all regions within the Global Biophotonics market.

• Rapid advancements in the development and adoption of digital health technologies (DHT) across North America, notably in the United States, are one of the major contributing factors to the growth of biophotonics.
• Increasing regional government initiatives and strategies, favorable healthcare infrastructure, increased investment in R&D activities to develop the industry, and regulatory science activities across the healthcare industry are also propelling the biophotonics market growth in North America.

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Competitive Landscape

The Global Biophotonics market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in pharma and diagnostics solutions, and technologies, such as vitro analyses of DNA variation, RNA expression, metabolite quantification, vivo measurements of biological processes, and others, for end-user industries. The biophotonics market's growth is heavily reliant on technological advancement and R&D investment. Nowadays, numerous pharmaceutical companies are investing in R&D or drug research, and governments are also making significant investments in cancer research.

Country-Niche players comprise about ~50% of the competitors, while regional players hold a share of ~30%. Some of the major players in the market include Affymetrix Inc., Andor Technology, BD (Becton, Dickinson and Company), Carl Zeiss AG,  Olympus Corporation, Hamamatsu Photonics K.K,  Zecotek Photonic Inc., Idex Corporation,  IPG Photonics, Oxford Instruments Plc., and among others.

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Conclusion

The Global Biophotonics Market is forecasted to continue an rapid growth that is witnessed since 2019, during the forecast period also, primarily driven by the emergence of applied science, important technological advancements over a few years, and their adoption in the medical sector. Though the market is highly competitive with over ~200 participants, few country-niche players control the dominant share.

Note: This is an On-Demand/Planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients and the report delivered within a maximum of 2 working weeks.

Ken Research has recently published report titled, Global Biophotonics Market Size, Segments, Outlook, and Revenue Forecast 2022-2028. In addition, the report also covers market size and forecasts for the four major regions in the stem cell banking Market. The revenue used to size and forecast the market for each segment is US$ billion.

Market Taxonomy

By Technology	In-Vivo In-Vitro
By End User	Tests and Components Medical Therapeutics Medical Diagnostics Non-Medical Application
By Application	Surface Imaging Inside Imaging See-through Imaging Microscopy Bio Sensors Analytical Sensing Spectromolecular Others
By Region	North America (USA, Canada, and Mexico) Europe (France, Italy, Germany, Spain, UK, and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia Pacific) LAMEA (Latin America, Middle East, and Africa)
Key Players	Affymetrix Inc. Andor Technology BD (Becton, Dickinson and Company) Carl Zeiss AG Olympus Corporation Hamamatsu Photonics K.K Zecotek Photonic Inc. Idex Corporation IPG Photonics Oxford Instruments Plc

Philippines Clinical Laboratory Market is forecasted to grow 1500 USD Mn by 2027: Ken Research

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1. Rapid Urbanization, growing GDP, Ease of doing business, increasing healthcare budget and Improvement in quality of life is contributing towards growth of the industry.

Clinical Laboratory Market in Philippines was increasing at a steady rate of 2 to 3% before 2020. Then due to covid-19 pandemic, there is a spike of 50% in revenue. Due to covid-19, the covid-19 tests spiked and a large chunk of the revenue in 2021 and 2022 came from covid-19 tests which are quite costly too as compared to other tests. The industry grew at a compounded annual growth rate of 5.16% from 2017 to 2022. Rapid Urbanization, increasing GDP, ease of doing business, increasing healthcare budget and improvement in quality of life is contributing towards growth of the industry.

2. Over-Regulation, migration of workers, expensive tests among others are some challenges in the industry.

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Poor Internet: Philippines is a country with one of the slowest internet speeds in the world. Additionally, the cost of internet is also high in Philippines. A 2020 Digital Quality of Life Index ranked the Philippines 82nd in terms of internet affordability out of 85 countries.

Brain Drain: Filipinos are well educated and skilled but a lot of health workers migrate to other countries which leads to dearth of health workers in Philippines.

Lack of Affordability: Universal Health Policy is still a Blackbox for many people. Various healthcare tests are still very expensive for people that they prefer to not get tested as cost of getting sick is high and people can’t afford it.

3. There are various growth drivers like Universal Healthcare coverage and technological advancements in the industry which can open up various untapped opportunities in the industry.

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• Government is increasing it Healthcare budget every year which is promoting this industry. Additionally various countries are also providing assistance in Philippines Healthcare sector.
• PPP Model is common in healthcare segment of Philippines. After the pandemic, it has become more prevalent due to cash crunch.
• E-Health is emerging in Philippines especially after the pandemic. More number of patients can be catered through online mode. It reduces paper work, errors and makes it easier to create awareness.
• Healthcare industry in Philippines is gradually adopting advance technologies to automate the procedures and to diagnose and treat complex health issues. Health Technology Assessment Council (HTAC) has been formulated to perform technology assessment from time to time.

Global Anti-Drone Systems Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

 The Global Anti-Drone Systems Market was valued at ~US$ 500 million in 2017. Furthermore, owing to the increased use of drones to counter terrorism and prevent illicit activities, it is estimated to be ~US$ 1,500 million in 2022 and is expected to reach a market size of ~US$ 6,000 million by 2028 growing with a CAGR of ~25% during 2022 to 2028.

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Key Growth Drivers

• The increased use of unidentified drones for terror attacks and illicit activities is driving up demand for Anti-Drone.
• The advancement of remote sensing and surveillance technologies, such as automatic dependent surveillance-broadcast (ADS-B) is driving the demand for Anti-Drone.
• The higher costs of technologies associated with drones, such as radio frequency (RF) analyzers, sensors, and radar, are a major concern for the Anti-Drone market's growth.
• The ongoing COVID-19 pandemic initially disrupted the supply of Anti-Drone, but demand from the military sector was high, as global militaries' defense expenditures increased even during the peak of the pandemic.

Key Trends by Market Segment

By System: The detection segment held the largest market share of the global Anti-Drone systems market in 2021.

• Drone detection system is the most commonly known as they automatically detect unmanned aircraft systems (UAS), or drones.
• There are numerous technologies, including radio frequency (RF) technology, radar, and visual tracking, used to detect drone activity in the airspace, each technology has unique features relying on drone size and detection range.

By Technology: The laser system segment held the largest market share of the global Anti-Drone systems market in 2021.

• Its popularity largely stems from its ability to damage UAV cameras and temporarily disable the drone.
• Furthermore, an anti-drone laser system replaces conventional bullets to directly damage targets or render them ineffective by using a laser beam directed at the fire to produce three effects: ablation, shock wave, and radiation.

 By End-User: The military & defense segment held the largest market share of the global Anti-Drone systems market in 2021, owing to the increasing government initiatives to adopt counter-drone to monitor terrorist activities.

• The rapidly increasing number of terror attacks and illegal activities worldwide has fueled demand for anti-drone machines, which assist in safeguarding the area by preventing unauthorized drones from accessing.
• Growing concerns about the security risks posed by uncooperative and unregistered drones to both military and civilian entities were also likely to propel the anti-drone technology market forward.

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By Geography: North America accounted for the largest share of the global Anti-Drone Systems Market in 2021 and will remain dominant during the forecast period (2022-2028).

• The US Department of Defense's (DoD) increased investments in developing and deploying counter-drone systems are driving demand for Anti-Drone.
• For instance, in May 2022, according to the Congressional Research Service, a U.S.-based government agency, the United States Department of Defense (US DoD) announced plans to invest US$ 668 million on Counter-UAS (C-UAS) R&D and US$ 78 million in the procurement of such systems in May 2022.

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Competitive Landscape

The Global Anti-Drone Systems market is highly competitive with ~100 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche tech offerings, such as radio frequency (RF) analyzers, acoustic sensors, optical sensors, radar, GPS Spoofers, high-power microwave (HPM) devices, and more.

Country-Niche players comprise about ~45% of the competitors, while regional players hold a share of ~35%. However most of the regional and country players are either suppliers of components or assembling partners of global players. Some of the major players in the market include Israel Aerospace Industries Ltd., Leonardo S.P.A, Rafael Advanced Defense Systems Ltd., Droneshield Ltd., Liteye Systems, Inc., Dedrone, DeTect Inc.,  MBDA, Battelle Memorial Institute, Saab Ab, Boeing, Drone Defense and among others.

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Recent Developments Related to Major Players and Organizations

• In October 2022, Dedrone, a U.S.-based software company, launched its next-generation handheld mitigation system named ‘Dedrone Defender’ with end-tan o-end counter-drone solution to deliver a connected gun for targeted precision Radio Frequency (RF) jamming.
• In June 2022, Israel Aerospace Industries (IAI), an Israeli manufacturer of aerial and astronautic systems, launched the 'Green Lotus,' a multi-sensor system. It is intended to provide maneuvering and stationary forces with high-performance counter-rocket, artillery & mortar (C-RAM), and air & ground surveillance capabilities.

CONCLUSION

The global Anti-Drone systems market is forecasted to continue the exponential growth that is witnessed since 2017. The major driving factor contributing to their expansion is the rising adoption of advanced technologies, including artificial intelligence (AI), and machine learning (ML) across industries and increased application areas, including military and defense, aerial imaging, cargo management, and others. Though the market is highly competitive with ~150 participants, few global players control the dominant share and regional players also hold a significant share.

Note: This is an On-Demand/Planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within maximum 2 working weeks.

Ken Research has recently published report titled, Global Anti-Drone Systems Market Size, Segments, Outlook, and Revenue Forecast 2022-2028. In addition, the report also covers market size and forecasts for the four major regions' Anti-Drone markets. The revenue used to size and forecast the market for each segment is US$ billion.

Market Taxonomy

By System	Neutralizing Systems Detection Systems
By Technology	Electronic Systems Laser Systems Kinetic Systems
By End-User	Government Military & Defense Commercial Others
By Geography	North America (USA, Canada, and Mexico) Europe (France, Italy, Germany, Spain, UK, and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia Pacific) LAMEA (Latin America, Middle East, and Africa)
Key Players	Israel Aerospace Industries Ltd. Leonardo S.P.A. Rafael Advanced Defense Systems Ltd. Droneshield ltd Liteye Systems, Inc. Dedrone DeTect Inc. MBDA Battelle Memorial Institute Saab Ab Boeing DroneDefense

Global Smart Grid Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

 The Global Smart Grid Market is expected to record a positive CAGR of ~12% during the forecast period (2022-2028) and is expected to reach approximately US$ 100 billion by 2028.

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Key Growth Drivers

• The market is anticipated to be driven by factors like the popularity of smart meters, regional government initiatives, and funding for smart grid projects.
• The favorable regulatory frameworks of the governments of various countries that promote the implementation of smart grids are what largely drive the global smart grid market. By raising awareness of the advantages of smart grids, the legislative framework established by the government encourages and requires the implementation of such grids. The network defect can be detected by smart grids, and the network problem can then be automatically self-healed. Thus, the economy and numerous businesses are anticipated to benefit significantly from the reliable and efficient power supply provided by smart grids in the years to come.
• The high initial cost of automation becomes the market limitation
• Smart grid implementation in industries is a step in the automation process. The process of adopting automation equipment can be one of the most expensive ones. The cost of automating a process as well as the price of upkeep, repairs, and research and development are some of these expenditures.
• COVID-19 harmed the market in 2020. The market has now returned to its pre-pandemic levels. Long-term market growth is anticipated to be fueled by elements like expanding the use of renewable energy sources and growing the number of smart grid meters installed. During the projection period, the growing investments in EV charging infrastructure to encourage the adoption of EVs and reduce carbon emissions from the transportation sector are projected to present a market opportunity for the smart grid market.

Key Trends by Market Segment

By Component: The software segment held the largest share of the global smart grid market in 2021.

Utilizing digital technologies, smart grid software solutions enable the two-way exchange of energy and data between suppliers and customers. Digitizing the power grid reduces carbon emissions, lowers operating and managerial costs, lessens outages, increases security, and facilitates integrations with both traditional and renewable energy sources. A smart-grid meter, for instance, can be remotely programmed by the software developer or the utility company to enable two-way communication between provider and consumer. This is transforming the utility environment. Additionally, some businesses offer smart meter systems that feature improved metering infrastructure, automatic meter reading, and meter data management.

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By Technology: The advanced metering infrastructure technology segment held the largest market share in the global smart grid market in 2021.

• The expanding use of smart meters around the world is linked to upgraded metering infrastructure technology. Smart meters guarantee a regular, efficient, and dependable power supply that promotes market expansion. The cutting-edge metering infrastructure lowers operational costs, guarantees data security, detects network errors, and does many other things. The adoption of AMI is associated with a wide range of advantages, which is a major factor in this segment's growth.

By Application: The transmission application segment held the largest share of the global smart grid market in 2021.

• This can be ascribed to the increased global demand for safe, high-quality, and dependable transmission. Additionally, a significant worry that encourages the expansion of the transmission segment globally is transmission and distribution losses.
• Contrarily, it is anticipated that during the forecast period, the consumption category will expand the fastest. The primary drivers of this market category are the short reaction time for outages, better energy efficiency, and effective resource usage. Additionally, the segment's growth is accelerated by the growing use of ICT technology in smart grid systems.

By Geography: North America accounted for the largest market share in 2021 within the total global smart grid market.

• The formation of adequate and supportive regulatory frameworks linked to the implementation of smart grids in the region has received growing attention from the government in nations like the USA and Canada. Due to the region's early adoption of the smart grid and the improved financial stability of its economy, North America has become the market leader in this sector.
• The most opportunistic segment, on the other hand, is anticipated to be Asia Pacific during the projected period. Due to increased government initiatives and investments in the construction of smart grid systems across the nation for the effective delivery of power, countries like China, Thailand, and India are expected to offer attractive growth prospects in the years to come. For instance, to improve the operational effectiveness of Thailand's energy generation facilities, the Ministry of Energy collaborated with the New Energy and Industrial Technology Development Organization and the Marubeni Corporation.

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Competitive Landscape

The Global Smart Grid Market is highly competitive with ~400 players which include globally diversified players, regional players as well as a large number of country-niche players.

Large global players hold the highest market share of 45% which is followed by the regional players holding a 30% share. Most of the regional and country-niche players are suppliers of components or assembling partners of global players. Some of the major players in the market include General Electric, Schneider Electric, ABB Ltd., Siemens, Itron, Inc., Cisco Technology Company, Aclara Software Inc., OSI Systems, Oracle, Wipro, IBM, and others.

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Recent Developments Related to Major and Emerging Companies

• In May 2022, the introduction of electric vehicle charging stations throughout Saudi Arabia was announced by Electromin, a fully-owned subsidiary of Petromin and a turnkey solutions provider for e-mobility. A customer-focused smartphone application powers the network, which consists of 100 locations across the nation. To serve all consumer segments, Electromin's charging network will provide a full range of services, including AC home/office chargers, DC fast chargers, and DC ultra-fast chargers.
• In November 2022, together with Vodafone Corporation, Qatar Electricity and Water Corporation (KAHRAMAA) installed roughly 600,000 smart meters across Qatar. On Vodafone's Internet of Things (IoT) SIM platform, the smart meters are distributed, giving KAHRAMAA real-time data. The smart meter is run on the Vodafone Managed IoT Connectivity platform, a safe self-service platform that makes IoT management simple and gives the state-owned utility corporation all visibility and control over the smart meter systems.

Conclusion

The Global Smart Grid Market is forecasted to continue a gradual growth that is witnessed during the forecast period. Key trends driving market expansion include the development of renewable and sustainable energy sources and growing efforts to reduce carbon emissions. Furthermore, the adoption of hybrid and electric vehicles has increased quickly around the world, which has led to an increase in energy demand. The market is highly competitive with ~400 participants concentrating on expansion strategies through product innovations as well as acquisitions and mergers.

Note: This is an On-Demand/Planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of two working weeks.

Ken Research has recently published report titled, Global Smart Grid Market Size, Segments, Outlook, and Revenue Forecast 2022-2028. In addition, the report also covers market size and forecasts for the four major regions’ smart grid market. The revenue used to size and forecast the market for each segment is US$ billion.

Market Taxonomy

By Component	Hardware Software
By Technology	Advanced Metering Infrastructure Distribution Management Substation Automation Communications Security Network Management
By Application	Generation Transmission Distribution Consumption
By Geography	North America (USA, Canada, and Mexico) Europe (Germany, UK, France, Spain, and Italy) Asia Pacific (China, Japan, South Korea, India, Indonesia, and Australia) LAMEA (Latin America, Middle East, and Africa)
Key Players	General Electric Schneider Electric ABB Ltd Siemens Itron, Inc. Cisco Technology Company Aclara Software Inc OSI Systems Oracle Wipro IBM

The Clinical Laboratories Industry in Vietnam is still growing, with a number of new opportunities on the horizon: Ken Research

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1. The Covid-19 pandemic, foreign investment and technological advancement were largely the factors boosting the Clinical Laboratories Market in Vietnam

The Clinical Laboratory market was initially facing a decline in growth rate between 2017-2019 owing to population not interested in taking regular diagnostic tests. Also, Covid-19 2020 generated exponential revenues as the number of RT-PCR conducted in 2020 was over 10 million. The Ministry of Health (MoH) Vietnam is also investing heavily into healthcare post this black swan event and the market is expected to grow in the coming years.

2.  Technological Advancements, Increasing Awareness and Rising Disposable Income are driving forward the Clinical Laboratories Market in Vietnam

There is a shift in focus from curative to preventive medicine which will give impetus to the consolidation of primary health and wellness centers.  Also, The Vietnamese population has become receptive to new technologies in healthcare. With Genetic Analysis Test introduced. Awareness about the routine health check-ups is increasing with an increase in media reach and Internet penetration and Vietnam faced a Covid-wave in early 2022 which has resulted in comorbidities in several patients and they are advised to take up regular diagnostic tests as a preventive measure.

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3.  Privatization, Change in Patient behavior and Government Support expected to contribute to the growth of Vietnam Clinical Laboratories Market

The Post-Covid comorbidities would contribute to major part of Testing revenue for the next 12-24 months in the market. Tests like D-dimer, Embolism, Myoglobin shall be essential. With the Healthcare Expenditure by the Vietnam Government expected to grow at a steady rate in the next 5 years and The CAGR of 10.4% in the Market reflects opportunity to enter the market in the coming years before the Market moves towards maturity.

For more insights on the market intelligence, refer to the link below:-

Vietnam Clinical Laboratories Market

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Philippines Clinical Laboratory Market Outlook to 2027F

Indonesia Clinical Laboratory Market Outlook to 2026F (Second Edition)

The Global Network Telemetry Market is expected to record a positive CAGR of ~20% during the forecast period (2022-2028) and is expected to reach approximately US$ 900 million by 2028.

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Key Growth Drivers

The increasing cases of cyberattacks which are targeted toward the companies’ servers and networks are helping the market grow.

• The cyberattacks can cause huge damage to companies as critical data and confidential information are stolen from their servers during such attacks. So, in order to have a safer network infrastructure, more and more companies are adopting network telemetry solutions and services thus positively impacting market growth.

The high upfront investments that are required for an organization to go for network telemetry services and solutions act as a constraint for market growth.

• The installation of network telemetry poses compatibility challenges for many organizations due to their existing legacy network. So, the complexities associated with the installations of the network telemetry solutions and services also act as a constraint for the market’s growth.
• Additionally, the strict regulations that are in place for network infrastructure-related activities also act as a constraint to the market’s growth.

The COVID-19 outbreak had a negative impact on the demand for Network Telemetry as various companies stalled their operations due to the imposition of the lockdowns initially. However, later as more and more organizations started operating from home, the companies required network telemetry solutions and services for managing their network infrastructure effectively which resulted in the market’s growth.

Key Trends by Market Segment

By Component: The Solutions segment held the largest market share in the Global Network Telemetry Market in 2021.

• As the adoption of network telemetry systems grows, the demand for network telemetry solutions among companies and service providers also grows.
• Services such as consulting, deployment, training, support, and maintenance are also growing as network telemetry companies are striving hard to offer the best services to their customers in managing the network telemetry system.

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By Deployment: The On-Premise segment held the larger share of the Global Network Telemetry Market in 2021.

• The on-premise segment offers greater control to the companies in terms of managing their data and also is more resilient than the Cloud-based tools. Also, the on-premise option helps companies manage real-time data to a more granular level which is helping this segment dominate.
• Cisco’s DNA Center appliance stores data for 14 days locally at its client’s location and the local network telemetry is neither sent to the cloud nor it is shared with any other servers.

By Enterprise Size: The Small & Medium Enterprises segment held the larger share of the Global Network Telemetry Market in 2021.

• The increase in the number of small and medium enterprises globally in almost all the industries such as Healthcare, IT, Telecommunications, Retail, Banking, etc., and a growing need to upgrade their existing network infrastructure as well as to have advanced technology and secure network infrastructure are helping this segment to dominate the market.

By End-user: The Service Providers segment held the larger share of the Global Network Telemetry Market in 2021.

• The increasing use of network telemetry systems by large global telecom companies to improve their network communication infrastructure and by cloud service providers to manage their network infrastructure through better analysis and optimization is helping the segment dominate.

By Geography: North America accounted for the largest market share in 2021 within the total Global Network Telemetry Market.

• North American region dominated the network telemetry market due to the presence of large data centers in this region, the presence of some of the biggest players in the market, and the growing investment by end clients to optimize their network infrastructure and IT data centers.
• The high volume of digital services also mandates that the network administrators demand better network telemetry systems to manage the already huge network infrastructure efficiently.

Competitive Landscape

The Global Network Telemetry Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players.

Approximately, the large global players constitute 10%, the regional players 30%, and country-niche players 60% of the market by type of companies operating in the market. Some of the major players in the market include Arista Networks, Inc., Cisco Systems, Inc., Juniper Networks, Inc., NVIDIA Corporation, VOLANSYS Technologies (An ACL Digital Company), Intel Corporation, Advanced Micro Devices, Inc, Marvell, Google, Netronome, and Apcela among others.

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Recent Developments Related to Major and Emerging Companies

• In June 2022, Arista launched its next-generation converged ultra-low 7130 Series for in-network applications. This system can integrate with CloudVision which is the multi-domain network telemetry management platform of Arista and can provide switching, monitoring, routing, etc. for the company’s extensive portfolio.
• In June 2022, Nvidia Corp. launched the latest version of NVIDIA NetQ to reduce downtime and automate network monitoring. It combines advanced telemetry and a user interface that simplifies troubleshooting as well as automates the network with reduced maintenance and downtime.
• In October 2021, Intel developed Open Standard Packet Telemetry that can help in improving data center visibility and making it more resilient. It is capable of tracking packets traversing the network and hence greater visibility on the performance of the network.

Conclusion

The Global Network Telemetry Market is forecasted to continue a strong growth that is witnessed during the forecast period. Key trends driving market expansion include the increasing importance of highly secure and scalable network infrastructure, optimization of business performance through advanced network telemetry systems, and the need to have minimum downtime. The market is highly competitive with ~200 participants concentrating on expansion strategies through product innovations as well as acquisitions, partnerships and mergers.

Note: This is an On-Demand/Planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of two working weeks.

Ken Research has recently published report titled Global Network Telemetry Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 that segmented by Component (Solutions and Services [Consulting, Integration & deployment, and Training, Support & Maintenance]), Deployment (On-Premise and Cloud), Enterprise Size (Small & Medium Enterprises and Large Enterprises), End User (Service Providers [Telecom Service Providers (TSPs), Cloud Service Providers (CSPs), Managed Service Providers (MSPs)], and Verticals), and Region (North America, Europe, Asia Pacific, Latin America Middle East and Africa (LAMEA)).

Market Taxonomy

The Network Telemetry Market is segmented by component type, deployment, enterprise size, and end user. In addition, the report also covers market size and forecasts for the four major regions’ Network Telemetry Market. The revenue used to size and forecast the market for each segment is US$ million.

By Component

• Solutions
• Services
• Consulting
• Integration and Deployment
• Training, Support, and Maintenance

By Deployment

• On-Premise
• Cloud

By Enterprise Size

• Small and Medium Enterprises
• Large Enterprises

By End User

• Service Providers
• Telecom Service Providers (TSPs)
• Cloud Service Providers (CSPs)
• Managed Service Providers (MSPs)
• Others
• Verticals

By Geography

• North America (USA, Canada, and Mexico)
• Europe (Germany, UK, France, Spain, and Italy)
• Asia Pacific (China, Japan, South Korea, India, and Australia)
• LAMEA (Latin America, Middle East, and Africa)

Key Players

• Arista Networks, Inc.
• Cisco Systems, Inc.
• Juniper Networks, Inc.
• NVIDIA Corporation
• VOLANSYS Technologies (An ACL Digital Company)
• Intel Corporation
• Advanced Micro Devices, Inc
• Marvell
• Google
• Netronome
• Apcela