A Concrete Chemistry: India’s Construction Chemicals Market to witness a booming trend with a 12.1% CAGR (2022-2028) : Ken Research

 A booming construction sector alongside government aid to be the backbone of India’s Construction Chemicals Market, says a report by ken Research

The India Construction Chemicals market is highly fragmented in nature, with the presence of many international players as well as local players. Some of the major players in the industry, are Pidilite, Asian Paints, Sika, Fosroc, Aqua Prof and Fibrex.

India Construction Additives Market

1. Government driven boom: Railways, Roads & Energy Projects Propel Infrastructural Activities, creating Lucrative Opportunities for India’s Construction Chemical Market.

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The Indian Government’s strategic initiatives, including the National Infrastructure Pipeline (NIP) alongside the Production Linked Scheme (PLI), are propelling the infrastructure sector & encouraging the Indian construction Industry to reach around INR 2.0 Tn by 2025. Moreover, with demand for residential properties surging with the support of schemes such as Pradhan mantri Awas Yojana Urban (PMAY-U), Pradhan Mantri Gramin Awas Yojana (PMAY-G), the Tamil Nadu Housing Board Scheme (TNHB) alongside government’s reduction of GST taxes on housing from 12% to 5% has significantly increased investment in residential sector which is ultimately boosting the construction chemicals market

2. Rising Construction Sector, M&A Activities, and Government Support Propel India's Construction Chemicals Market in Southeast Asia.

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The India construction chemicals market is experiencing a significant boost due to increased investments in the commercial and residential infrastructure sectors, as well as strategic collaborations with government organizations. This industry has always been characterized by active mergers and acquisitions, as companies recognize the importance of inorganic growth strategies to maintain a competitive edge across various segments. By leveraging these opportunities, players in the construction chemicals sector are able to expand their market presence, capitalize on emerging trends, and enhance their product portfolios to cater to the evolving needs of the construction industry.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:

• Construction Companies
• Engineers
• Industrial & Commercial Companies
• Distributers & Retailers
• Infrastructure Consultants & Research Institutions

 Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2028

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

India Construction Chemicals Market Outlook to 2028

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Malaysia Construction Chemical Market Outlook 2027F

Vietnam Construction Chemical Market Outlook to 2027F

Indonesian Construction Chemicals Market Outlook to 2025

The Middle East Catering Services Market was valued at USD 2.7 Bn in 2021. Will Middle East continue to support Catering market players domestically and internationally in future? : Ken Research

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The Middle East catering market is a highly competitive and diverse industry with many major players operating in the region. Here are some of the leading catering companies in the Middle East. Top players such as Shaqab, Zad, Amwaj, Qatar Caterers and Contractors in Middle East Catering Market hold major market share. The market is largely driven by rising demand for healthier fresh food and international cuisine and rising culture of on-site catering.

1.Incline towards healthy food and beverages is now a major trend among the masses in Middle East.

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The Middle East catering market is a diverse and rapidly evolving industry, with several trends shaping its growth and development. One of the most significant trends in the Middle East catering market is the increasing demand for healthy and sustainable food options.

As people in the Middle East become more health-conscious, there has been a growing preference for fresh and healthy foods that are made with locally sourced, organic ingredients. Caterers are responding to this trend by incorporating more fresh fruits and vegetables, whole grains, and lean proteins into their menus.

2.Middle East Inflight Catering Market Trends

Currently, full-service carriers are dominating the inflight catering market, and though their market growth rate is lower than that of low-cost carriers, they are expected to continue dominating the market. On account of the rising competition and the lower operating costs, due to the reduction in oil prices, full-service airlines have been rapidly upgrading their inflight catering, along with aircraft interior and services. This has freed up a lot of liquidity with the carriers. There are many FSCs in the Middle East that are known for providing the best passenger amenities. They are Qatar Airways, Singapore Airlines, ANA All Nippon Airways, Cathay among others. Few airlines have started providing customized menus and onboard chefs to better serve the business and first-class passengers. The growing full-service carrier routes and new partnerships of the airlines with local restaurants in these regions are the major factors that are likely to support the growth of the segment during the forecast period.

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Market Taxonomy

By Services Type

• Contractual
• Non-Contractual

By End-Users

• Healthcare
• Corporates
• Education
• Hospitality
• Industrial
• In-flight
• Others

By Region

• Bahrain
• Kuwait
• Oman
• Qatar
• Saudi Arabia
• United Arab Emirates
• Yemen

By Basis of Applications

• Wedding Catering
• Corporate Catering
• Social Events Catering
• Others

Key Target Audience

• Airline Catering Companies
• Fine Dining Caterers
• School Caterers
• Hotels
• Industrial Caterers
• Government Bodies
• Facility Management Companies
• Industries
• Schools
• Hospitals

Time Period Captured in the Report:

• Historical Year: 2017-2022
• Base Year: 2022
• Forecast Period: 2022– 2027

Major Players Mentioned in the Report:

• Qatar Aircraft Catering Company (QACC)
• Integral Food Services
• Shaqab
• Qatar Star Services
• Yemek Doha
• Sodexo Teyseer
• Newrest Gulf
• Tamimi Group
• Compass Group
• PDC Tamween
• Zad Catering Services
• Amwaj
• Crompton Catering
• Food Services Company

For More Insights On Market Intelligence, Refer to the Link Below: –

Middle East Catering Market Outlook to 2027

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 Global Catering and Food Service Contractor Market 2019 by Company, Regions, Type and Application, Forecast to 2024

India Catering Services Market Outlook to 2027F By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Catering

Australia Catering Services Market Outlook To 2027F By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Catering

Unlocking The Potential: How Digital Freight Aggregator Platforms And The South Africa CEP Market Will Drive Growth In The Logistics Industry, And What Lies Ahead? : Ken Research

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The Logistics Market in South Africa highly fragmented with highly competitive rivalry among the competitors. Some of the popular Logistics brands like DHL, UPS, Value Logistics, Bidvest, One Logix, Titan Cargo and many more compete on the basis of type of fleet, warehousing space, freight volume, clients, and more.

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1. Revolutionizing the Freight Industry: How Digital Freight Aggregator Platforms Deliver Efficient Freight Matching, Better Profitability, Smarter Operations, and Greater Service Quality.

Digital freight aggregator platforms offer standardized shipping order posting for shippers, and quick quote options from reliable truckers. Truckers can easily find shipments while on the go, without waiting at logistics parks, resulting in higher income and utilization rates. Shippers enjoy lower shipping costs and more transparent pricing as they can interface directly with truckers, and software supports both shippers and truckers with transportation management systems and data-driven algorithms. The platforms act as an escrow agent, ensuring secure transactions, and provide customer service and dispute resolution protocols.

2. DSV, Schenker, and Rhenus Group lead the way in modernizing South Africa's logistics industry with new state-of-the-art warehouses and storage facilities.

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DSV consolidates Gauteng operations in South Africa to create Africa's largest centralized facility near O.R. Tambo International Airport. The new logistics center covers 130,000 m² of buildings and offers supply chain solutions under one roof. Rhenus Group expands its warehousing space in Durban with a new storage warehouse of 7,700 m², strengthening its local capabilities and creating new jobs. Truworth signs a deal to build a new 53,000 m² Western Cape distribution center in Cape Town, which includes a modern warehouse and storage facilities.

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3. Revving Up: How Online Retail, Swift Deliveries, and Tech are Fueling the Explosive Growth of the CEP Market in South Africa.

Online retail in South Africa surged by 35% in 2022, spurring demand for home deliveries. The rapid growth of smartphone usage is also driving e-commerce. Courier companies can enhance competitiveness and reduce shipping costs by offering fast, one-day, and same-day delivery options. Firms like Bidvest, Fastway, and The Courier Guy are already providing same-day delivery services. Integration of technology into products, parcels, delivery networks, and warehouses is improving the ROI for CEP companies. The adoption of RFID tags enables real-time tracking and value-added services.

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

South Africa Transportation Market

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Indonesia Logistics Market Outlook to 2027

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Ignite Your Engines: Explore how the Tech Trends will Shape the Automotive Industry in KSA! : Ken Research

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With a strategic roadmap to reduce oil dependency and curb imports, KSA is stepping on the accelerator to rev up domestic manufacturing and turbocharge industrial development. With a notable decline in import volume during the period of 2016-2021, KSA's government initiatives to build in-house manufacturing capabilities have been gaining traction. As a result, the automotive industry in KSA is experiencing a remarkable growth ride.

Curious to delve deeper into the exciting journey of KSA's automotive market? Read more to uncover the key growth drivers that are sculpting the future of the industry. Discover the strategies, innovations, and potential that lie ahead.

1. To reduce dependence on oil & imports, KSA has made a Strategic framework to develop domestic manufacturing & facilitate industrial development

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2. As a result, Industrial clusters and the private sector are increasingly investing in the production of advanced mobility materials and vehicle parts

3. Four Key Trends are Re-Shaping the Automotive Industry with Serious Implications on OEMs and Suppliers in KSA

4. Further, Huge export opportunities are available in KSA with the establishment of the automotive industrial clusters, helping in filling demand in Africa & other GCC countries as well

Some of the Intelligence Curated by Ken Research in Automotive Market Space:

• UK EV Charging Equipment Market Outlook to 2027 Driven by Rising Demand for Eco-friendly Transport and Strong Government Policies and Incentives
• India MBO Two Wheelers Market Outlook to 2027 Driven by economic recovery after COVID and increasing demand for 2Ws is helping the MBOs players to sustain their market position in the high fragmented market structure
• USA EV & EV Charging Equipment Market Outlook to 2027 Driven by growing market driven by government support and customer drive towards cost-efficient mobility
• Global Used Vehicle Market Outlook to 2027 Driven by Type of Market Structure, by Type of Vehicle, by Age of vehicle, by kms Driven and by Region
• Vietnam Car Rental Market Outlook to 2027F Driven by Increasing Internet Penetration Rate, Tourism and Urbanization

To Know more about this Whitepaper, Visit this link:-

KSA Automotive Market

Remittance flows rose in the Middle East and North Africa (MENA) in 2022, growing an estimated 5% to $620 Bn. Will Remittance Market in MENA region continue to grow? Ken Research

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One of the major trends is the increasing competition in the Remittance Market, with many new players entering the market and existing players expanding their services. This is driving innovation and improving the quality of remittance services, as providers try to differentiate themselves by offering new features and competitive pricing.

1.Lebanon’s financial crisis worsens

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Lebanon currently enduring an unprecedented economic crisis, pushing large numbers of people into poverty and triggering the largest anti-government protests in over a decade. As this infographic shows, IMF estimates put the country's national debt at 162 percent of GDP in 2020 - the fourth highest in the world.

As Lebanon’s financial crisis worsens, the Lebanese became increasingly dependent on the financial support from family members abroad. In the last year, remittance inflows constituted a lifeline for many struggling families and communities. In turn, the country became the second top remittance recipient in the world in terms of percentage of GDP. According to the World Bank, in 2022, the remittance inflows in Lebanon are estimated at 38% of the country’s GDP, a significant jump from 25.6% and 14.4% respectively in the years 2020 and 2019.

 2.Foreign Remittance is helping poor economies to scale

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Some studies have found evidence favouring foreign aid’s positive impact in more significant growth in human capital, rapid accumulation of capital, and improved welfare for the recipient economies. The proponents believe in the positive effect of foreign aid as it helps the poor economies achieve higher economic growth levels by eliminating the difference between investments and saving. Foreign aid becomes vital for developing economies through better utilization of domestic resources and bridging the gap between savings and foreign exchange created due to lack of foreign currency. Usually, foreign aid is aimed to enhance economic welfare and support economic growth; however, foreign aid’s effectiveness on economic growth has been a substantial debate.

Market Taxonomy

By Mode of Transfer

• Digital
• Traditional

By Type of Remittance

• Inward Remittance
• Outward Remittance

By Type of Channel

• Banks
• Money Transfer Operators
• Online Transfers

By Type of End Use

• Migrant Labor Workforce
• Personal
• Small Business
• Others

By Region

• North Africa
• Middle East

Key Target Audience:

• Banks
• Money Transfer Operators
• Digital Payment Companies
• M-Wallet Companies
• Bills Payments Companies
• Investors & Venture Capital Firms
• Government Bodies
• Mobile Money Companies
• Al Dar for Exchange Works
• Al Fardan Exchange
• Al Jazeera Exchange
• Unimoni Exchange
• Gulf Exchange
• Doha Exchange
• Al Mana Exchange
• Habib Qatar International Exchange
• Travelex

Time Period Captured in the Report:

• Historical Period:2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027

Key Players Covered:

• Al Dar for Exchange Works
• Al Fardan Exchange
• Al Jazeera Exchange
• Unimoni Exchange
• Gulf Exchange
• Doha Exchange
• Al Mana Exchange
• Habib Qatar International Exchange
• Travelex
• Citi Group
• Bank of America
• OFX
• JP Morgan Chase

For More Insights On Market Intelligence, Refer to the Link Below: –

MENA Remittance Market Outlook to 2027

Related Reports by Ken Research:

Global Remittance Market Outlook to 2027

Germany Remittance Market Outlook to 2027F

The US Data Center Market is poised to register a growth of 9% from 2022-2027 owing to a boost given to the sector in the aftermath of COVID-19 alongside massive investment influx. Will the projections justify the Growth Rate: Ken Research

 1. “Covid-19 providing a boost:” The Covid-19 situation actually ended up boosting the US data center market as a result of more people opting for work from home.

Click to Read Full Article: US Data Center Market Outlook to 2027

With fewer people out in public during the pandemic, the internet has seen a rise in global traffic. Many organizations have encouraged working from home and limiting the number of staff and employees on site. As a result, Data centers are essential for keeping business operations running smoothly. There was a 30-35% increase in data centers capacity due to the trend of remote working and increased internet usage in 2021. This growing demand for data center capacity drives the market growth in the post-pandemic situation.

2. “Investment to soar high:’ US Data Center & Cloud services Market is getting massive investment boost & emergence of new startups”

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Various companies operating in the US Data Center & Cloud Services market are getting massive investment influx owing to government regulations & the infrastructure development. For instance, Google decided to invest $13 Bn to increase its grip in the US Data Centre Market Moreover, Iron Mountain acquired IO Data Center’s US operations for $1 Bn. All in all, the market is currently growing at a robust rate with startups & companies showing interest in entering the US market owing to vast opportunities.

Market Taxomony:-

US Data Center Market Segmentation

By Type of Services

• Monitoring Services
• Professional Services
• System Integration

By Solution

• Power
• Server
• Management Software
• Networking Technology
• Cooling

By Type

• Enterprise Data Center
• Managed Service Data Center
• Colocation Service Data Center
• Cloud Service Data Center

By End-User

• Healthcare
• IT
• Telecom

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Key Target Audience:

• Hospital
• ASC
• Consulting service Providers
• Government
• IT Service providers

Time Period Captured in the Report:

• Historical Period:2017- 2022
• Base Year: 2022
• Forecast Period: 2022-2027

Companies Covered:

• Amazon Web Services
• Google Clouds
• Cyrus One
• NTT
• IBM
• Verizon
• Flexential
• Switch
• Microsoft Corporation

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

US Data Center Market Outlook to 2027

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KSA Data Center and Cloud Services Market Outlook to 2026F

Thailand Data Center and Cloud Services Market Outlook to 2027

Unlocking Brazil's Cold Chain Potential: Exploring Market Growth Propelled by Rapidly Increasing Trade – Ken Research

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With increasing exports and imports, Brazil's Cold Chain Market is poised for significant growth. However, challenges such as dependence on the road sector, certification requirements, and technology lag hinder its progress. Robust certifications and advancements in logistics and storage solutions are needed to ensure product quality and safety. As Brazil aims to strengthen its position in global trade, it becomes crucial to analyze market dynamics and drivers for growth. So, will the market achieve double-digit CAGR growth? Let's find out

1. Cold Chain Industry in Brazil has been constantly evolving due to demand of such facilities driven by export and import of certain products

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2. However, there still remain some road blocks like Lack of infrastructure, transport security, and increasing operational costs that restrain the growth in the Brazil Cold Chain Market

2.1. Dependence on road sector, certifications and technology lag are some of the other challenges faced in the Brazil Cold Chain Market

3. Still, Increasing exports of perishable products and growing demand from chemical sector coupled with an increase in per capita income is driving the cold chain market in Brazil

4. Moreover, increasing government initiatives, rising per capita income, and growing exports of certain products will enable the Brazil cold chain market to grow with double-digit CAGR

Some of the Intelligence Curated by Ken Research in Cold Chain Market Space:

• Indonesia Cold Chain Market Outlook to 2026F Driven by Rising Fisheries Industry & Convenience Food Consumption Owing to Growing Population and Infrastructural Development
• Thailand Cold Chain Market Outlook to 2026F Driven by Rising Import-Export Trade Volume and Domestic Consumption of Meat, Seafood and Popularity of Ready to Eat Frozen Processed Food
• Singapore Cold Chain Market Outlook to 2026F Driven By Rising Meat and Seafood Consumption Coupled With Demand for Temperature Sensitive Health Care Products
  Portugal Cold Chain Market Outlook to 2026F: Driven by Rising Packaged Foods Consumption Owing to Growing Millennial Population
• KSA Logistics Market Outlook to 2026 driven by infrastructural enhancement, administration & regulatory reforms, privatization of logistics sector

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Brazil Cold Chain Market

With Clean Energy & digitalization trends in place, massive investment inflow alongside a growth rate of 11% is being anticipated for Africa’s Data Center & Cloud Services Market. Are Policy Reforms the way ahead? : Ken Research

 Africa’s Data Center & Cloud Services market is experiencing a series of digitalization & clean energy reforms with companies anticipated to expand their market share in the upcoming years, says a report by Ken Research

1. “Digitalization as a boon:” African economy has seen a massive breakthrough in terms of digitalization attracting a massive investment inflow.

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In the last couple of years, South Africa has attracted data center infrastructure investments from big tech companies like Google, Amazon, Microsoft, and Oracle, as well as other data center infrastructure companies like Teraco, Africa Data Centers, and Convergence partners. Most of the development is the market is being carried out of as a result of rapid digitalization which means that tons of data is being produced, driving up the demand for public cloud facilities and hyper-availability zones. Companies like Amazon & Microsoft were amongst the first to recognize the massive opportunity in 2019, utilizing local data facilities to power their public clouds in South Africa. Today, over 80% of the space in these facilities is used by these public cloud providers, or hyperscalers as they are known.

2. Clean energy is becoming the trend with African companies opting to integrate clean energy sources.

A new trend has emerged in the African Data Centre market with companies opting for clean energy technologies. Africa Data Centers has a target to power all its data centers with clean, zero-carbon sources of energy. “This new deal will provide over 30% of our South African data centers with renewable energy, a great stride forward in our aim to reach carbon neutrality.”

DPA is a pan-African renewable energy company with key operations in South Africa, Kenya and Zimbabwe whose vision is to power Africa to a brighter future. Commenting on the partnership Norman Moyo, CEO of DPA, said: “Our customers are looking for cost-effective and efficient ways of meeting their green targets and reduce energy costs for their businesses in a climate of increased power shortages. We are excited to embark on this milestone project with Africa Data centers as it will demonstrate our innovation in deploying renewable energy solutions.”

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Africa Data Center and Cloud Service Market Segmentation

By Type of Services

• Monitoring Services
• Professional Services
• System Integration

By Solution

• Power
• Server
• Management Software
• Networking Technology
• Cooling

By Tyeps

• Enterprise Data Center
• Managed Service Data Center
• Colocation Service Data Center
• Cloud Service Data Center

By End-Africaer

• Healthcare
• IT
• Telecom

Key Target Audience:

• Hospital
• ASC
• Consulting service Providers
• Government
• IT Service providers

Time Period Captured in the Report:

• Historical Period:2017- 2022
• Base Year: 2022
• Forecast Period: 2022-2027

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

Africa Data Center & Cloud Services Market Outlook to 2027

Related Reports by Ken Research:-

Thailand Data Center & Cloud Services Market Outlook 2027

KSA Data Center & Cloud Services Market Outlook 2026

UAE Data Centre & Cloud Services Market Outlook 2026

 

Middle East Post-Acute Rehabilitation market is expected to grow over CAGR 10% in the forecast period of 2022 to 2027. Will Middle East: Ken Research

 Middle East Post-Acute Rehabilitation Market is consolidated with few major players. In March 2021, Priory Group announced that they had joined the mental health app MY POSSIBLE SELF. This app allows monitoring the parameters required for the treatment and Rehab therapy and will increase the demand for the mental therapy in the U.K region in the forecast period.

Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for rehabilitation therapy services through expanded range of size.

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1. Growing number of traffic accidents and sports injuries in Middle East.

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Growing number of traffic accidents and sports injuries increasing disabilities among the geriatric population around the world are poised to drive post-acute rehabilitation market in Middle East.

A total of 10,855 patients with road traffic injuries were encountered at the hospital emergency department. Out of these patients, 8035 were males (74.02%) while 2820 were females (25.97%). Among the males, 6037 were Saudi (75.13%) while 1998 were non-Saudi (24.86%). Among the females, 2015 were Saudi (71.45%) while 805 were non-Saudi (28.54%).

2. Increasing need for chronic healthcare, especially to tackle Alzheimer’s, Dementia, Parkinson's and Multiple Sclerosis conditions.

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Increasing need for chronic healthcare, especially to tackle Alzheimer’s, Dementia, Parkinson's and Multiple Sclerosis conditions among the growing elderly population (3.4% are 65 yrs.+ in 2019 vs forecast of 17% in 2050).

World Health Organization mandated rehabilitation as a core recommendation in the global action plan on the public health response to dementia and Alzheimer’s. Rehabilitation services are widely recognized as a practical framework to maximize independence and community participation in dementia care. A rehabilitation program is customized to achieve the desired goals, acknowledging that each person with dementia has a unique experience, preference, motivation, strength, and requirement. It is an interdisciplinary-team approach with the involvement of several health care professionals. The clinician heading the team could be a neurologist/psychiatrist.

Key Target Audience:

• Healthcare Companies
• Hospitals
• Hospital Equipment Manufacturer
• Heath-tech Companies
• Post Rehabilitation Service Providers
• Post Hospitalization Service Providers
• Elderly Care Service Providers
• Post Cancer treatment Centers

Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027

Companies Covered:

Key Players Covered 

• Amedisys, Inc.
• LHC Group, Inc.
• Encompass Health Corp.
• Brookdale Senior Living Inc.
• National HealthCare Corporation
• Select Medical Holdings (Select Medical Corporation)
• The Ensign Group, Inc.
• Cambridge Medical & Rehabilitation Centre (CMRC)
• Amanat Holdings
• Sukoon International Holding Company
• Priory Group

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

Middle East Post-Acute Rehabilitation Market Outlook to 2027

The US Medical Device Market stood at $170 Bn in 2021 owing to an upsurge in chronic lifestyle diseases & rising demand for cosmetic procedure. Will the growth sustain? Ken Research

 With total number of MedTech companies crossing the 6500 marks in 2021, the US Medical device market is currently witnessing a robust growth rate with a positive future forecast as well, says a report by Ken research

1.“Need rather than want:” An upsurge of lifestyle diseases & government intervention is propelling growth of the US medical device market.

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Growing prevalence & increasing cost of burden of lifestyle diseases have led growing emphasis of healthcare agencies, government & healthcare providers on the timely & routine treatment of patients. Thus, through awareness programs & events, several regional & national healthcare agencies have actively promoted the diagnosis & treatment of these widely prevalent diseases. This factor increases the awareness of geriatric population towards products & services for diagnosing & treatment, which is presenting a large patient pool undergoing treatment. Further, high treatment costs are driving the demand for these devices in hospitals, clinics & other healthcare settings. Additionally, to cater to the growing demand for advanced devices, market players are now investing in R&D in order to introduce advance healthcare devices with innovative capabilities such as artificial intelligence, 3D imaging, wearable heart rate trackers & others. According to sources, the total number of MedTech companies in USA crossed 6500 marks as of 2021. Furthermore, the US government is also keen on developing the medical device infrastructure provided that the total spending on devices market was over 5% of the overall health budget ($200 Bn) in 2019. All in all, rising approval of medical devices & an increased presence across the globe have further propelled market growth.

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US Medical Device Market Growth Drivers

2.“When fashion met medical requirements:” Rising demand for cosmetic procedures in the US is currently boosting the market growth of US Medical Device market.

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According to the ASPS annual plastic surgery statistics report, there were more than 18 million surgical and minimally-invasive cosmetic procedures performed in the United States in 2018, a number that has risen steadily over the past five years. Cosmetic surgical procedure includes different type of surgeries like breast augmentation, rhinoplasty (Nose reshaping), liposuction, facelift, eyelid surgery (blepharoplasty). Along with that there are some gender specific cosmetic surgeries, in female genital cosmetic surgery includes numerous procedures, including hymenoplasty, labia majora augmentation, vaginoplasty, labiaplasty and G-spot amplification and in male breast reduction (gynecomastia surgery). These factors which mainly comes under fashion trends, are propelling a robust growth of US Medical device market.

Key Target Audience:

• Hospital
• ASC
• Clinics
• Government Agencies
• Distributors

Time Period Captured in the Report:

• Historical Period:2017- 2022
• Base Year: 2022
• Forecast Period: 2022-2027

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

US Medical Devices Market Outlook to 2027

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Global Respiratory Devices Market Outlook to 2027

India POCT Market Outlook to 2027F