Monday, February 26, 2018

Vietnam Medical Devices Market Outlook to 2022 - By Equipments (Consumables, Diagnostic Imaging, Dental Products, Orthopedics and Prosthetics, Patient Aids and Other Medical Devices)


The report titled Vietnam Medical Devices Market Outlook to 2022 - By Equipments (Consumables, Diagnostic Imaging, Dental Products, Orthopedics and Prosthetics, Patient Aids and Other Medical Devices) provides a comprehensive analysis of Vietnam Medical Devices Market Overview and Size, growth drivers and restraints. The report also provides data points on Vietnam Medical Devices market by Application (Orthopedic and Prosthetic Applications, Diagnostic Imaging Equipment, Paraclinical Equipment, Emergency Medical Equipment, Operation Room Equipment and Others), by Material (Textile Products, Electronic Products, Plastic Products, Rubber Products and Other Products), by Equipments (Consumables, Diagnostic Imaging, Dental Products, Orthopaedics and Prosthetics, Patient Aids and Other Medical Devices) and by End Users (Government Funded Hospitals, Local Private Hospitals, Foreign Owned Hospitals and Medical Education, Research Institution and Others) along with company profiles of Japan Vietnam Medical, Danameco, Armephaco, B Braun, Shimadzu, General Electric, Terumo BCT and Phillips. The report also covers SWOT Analysis, Roadmap for Tender Application for Medical Device Company in Vietnam, Regulatory Process, import by value and destination, Vietnam Medical devices competitive landscape, Analyst Recommendations and future outlook.


Vietnam Medical Devices Market Size and Overview
Vietnam medical devices market recorded growth at a CAGR of ~% during 2012-2017, driven by liberal import policies, and surge in Orthopedic and Prosthetic medical equipments. Increase in investments in public healthcare facilities and tax exemption for newly established private healthcare providers increased the demand for medical devices. With a need to improve healthcare services in Vietnam, healthcare providers are focusing on using advanced technological medical equipments which will help in early detection of diseases and increase pace in diagnosis and recovery timelines.

Market Segmentation By Application (Orthopedic and Prosthetic Applications, Diagnostic Imaging Equipment, Paraclinical Equipment, Emergency Medical Equipment, Operation Room Equipment and Others): Orthopedic and Prosthetic Applications dominated the type of applications in medical devices market in Vietnam in 2017 generating revenue share of ~%. Diagnostic imaging equipment generated second highest revenue with a share of ~% due to increase in the number of units. Paraclinic equipment generated third highest revenue share of ~% due to rise in chronic diseases in Vietnam owing to changing lifestyles and aging population. Emergency Medical equipment followed Paraclinic equipment with ~% revenue share. The product with least share was medical supplies, hygiene disposables and therapeutic equipment as the product quality of these products are not very critical to research, diagnosis and treatment quality and there is already an abundance of such products in the market from local players and end users prefer cheaper options. Others include Medical furniture, medical utensils, Clothing medical and accessories.

By Material (Textile Products, Electronic Products, Plastic Products, Rubber Products and Other Products): Textile products dominated the market structure of Vietnam medical devices by materials generating revenue with ~% share in 2017 due to major expansion in fields such as wound healing and controlled release, bandaging and pressure garments, implantable devices and extracorporeal devices. Electronics products generated second highest revenue with a share of ~%. Technological advancement in semiconductor and nanotechnology has aided in large-scale integration and reduced power consumption in medical devices which helped in building better portable medical devices for users in home healthcare services, telemedicine facilities and specialty hospitals. Plastic products generated third highest revenue share of ~% followed by the rubber products generating ~% revenue share. Other products include the products made of steel, iron, brass or combination of two or more.

By Equipments (Consumables, Diagnostic Imaging, Dental Products, Orthopaedics and Prosthetics, Patient Aids and Other Medical Devices): The consumables dominated the equipments in medical devices market in Vietnam in 2017 generating ~% revenue share as syringes, needles and catheters have been the most popular and fastest growing sub-categories of imported goods over the last five years. Diagnostic imaging equipment generated second highest revenue with a share of ~% due to the growing awareness among people about early disease diagnosis, improving healthcare expenditure and a high number of ongoing research activities across the country. Orthopaedics and Prosthetics generated third highest revenue share of ~% followed by Patient Aids with ~% revenue share. Other Medical Devices generated revenue with ~% of share in equipments in medical devices market in Vietnam in 2017.

By End Users (Government Funded Hospitals, Local Private Hospitals, Foreign Owned Hospitals and Medical Education, Research Institution and Others): Government funded hospitals dominated the end users of the medical device market with ~% share amounting to USD ~ million. Local Private Hospitals were the second largest end user segment and accounted for ~% of the medical device market amounting to USD ~ million. Foreign Owned Hospitals contributed third highest revenue share of ~% in the medical device market as this segment tends to purchase devices from their sponsoring country. Research institutions generated least revenue share of ~% in the end user segments of the medical devices market as this segment is open to experimentation with new and innovative techniques.

Future Outlook to Vietnam Medical Devices Market
The Vietnam medical devices market will record growth at a CAGR of ~% during 2017-2022, driven by growing investment in public and private health care sector and emphasis on local production. Future growth will be attributed to growing demand from expanding/upgrading healthcare resources (both in public as well as in private healthcare) opens up a valuable opportunity for market players. Vietnam may turn into a regional manufacturing hub for medical device manufacturers which are looking forward to expand their footprint in other south east nations. Other future growth drivers for the medical devices market in Vietnam will include increase in domestic production and technological tie-ups.

Key Topics Covered in the Report:-
Medical Devices Market in Vietnam
Vietnam Medical Devices Value Chain
Vietnam Medical Device Application
Orthopedic and Prosthetic Devices Market Vietnam
Diagnostic Imaging Equipment Market Vietnam
Paraclinical Equipment Market Vietnam
Emergency Medical Equipment Industry Vietnam
Operation Room Equipment in Vietnam
Vietnam Medical Device Industry
Vietnam Medical Equipment Market
Dental Devices Market Vietnam
Medical Consumable Market Vietnam
Electronic Medical Devices Market Vietnam
Medical Furniture Market Vietnam
Plastic Medical Devices Industry Vietnam
Trends Medical Equipments Vietnam
New Technology Medical Device Vietnam
Medical Device End Users Vietnam
Wound Care Market Vietnam
Patient Aids Market Vietnam
Orthopedic Devices Market Vietnam
Prosthetics Revenue Vietnam
SWOT Medical Devices Vietnam
Regulations Medical Devices Vietnam
Imported Medical Devices Vietnam
Competition Medical Equipment Vietnam
Major Players Medical Devices Vietnam
International Players Medical Devices
Import Value Medical Devices Vietnam
Japan Vietnam Medical Sales Vietnam
Danameco Vietnam Revenue
Armephaco Vietnam Market Share
B Braun Vietnam Medical Devices
Shimadzu Vietnam Sales
General Electric Vietnam Performance
Terumo BCT Vietnam Profile
Phillips Vietnam Company Profile
Vietnam Medical Device Future
Forecast Medical Devices Sales Vietnam

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Lysosomal Storage Disorder Global Clinical Trials Review H2 2017: Ken Research

GlobalData'sclinical trial report, Lysosomal Storage Disorder Global Clinical Trials Review, H2, 2017" provides an overview of Lysosomal Storage Disorder clinical trials scenario. This report provides top line data relating to the clinical trials on Lysosomal Storage Disorder. Report includes an overview of trial numbers and their average enrollment in top countries conducted across the globe. The report offers coverage of disease clinical trials by region, country (G7 & E7), phase, trial status, end points status and sponsor type. Report also provides prominent drugs for in-progress trials (based on number of ongoing trials). GlobalData Clinical Trial Reports are generated using GlobalData'sproprietary database-Pharma eTrack Clinical trials database. Clinical trials are collated from 80+ different clinical trial registries, conferences, journals, news etc across the globe. Clinical trials database undergoes periodic update by dynamic process. The report enhances the decision making capabilities and helps to create an effective counter strategies to gain competitive advantage.

The report provides a snapshot of the global clinical trials landscape Report provides top level data related to the clinical trials by Region, Country (G7 & E7), Trial Status, Trial Phase, Sponsor Type and End point status The report reviews top companies involved and enlists all trials (Trial title, Phase, and Status) pertaining to the company The report provides all the unaccomplished trials (Terminated, Suspended and Withdrawn) with reason for unaccomplishment The Report provides enrollment trends for the past five years Report provides latest news for the past three months

Key Topics Covered in the Report:
Lysosomal Storage Disorder Global Clinical Trials
Global Lysosomal Storage Clinical Trials Market Size
Global Lysosomal Storage Clinical Trials Market Trends
Global Lysosomal Storage Clinical Trials Market Share
Global Lysosomal Storage Clinical Trials Market Outlook
Global Lysosomal Storage Clinical Trials Market Growth
Europe Lysosomal Storage Clinical Trials Market
Global Lysosomal Storage Clinical Trials Market Forecast
US Lysosomal Storage Clinical Trials Market Revenue
Global Lysosomal Storage Clinical Trials Market Volume

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Ken Research
Ankur Gupta, Head Marketing & Communications
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What is the Potential of India Cold Chain Market?

The cold chain industry revenue increased from INR ~ billion in 2012 to INR ~ billion in 2017 at a CAGR of ~%. The total cold storage capacity is estimated at ~ million MT with ~ cold storages and ~ reefer trucks operating in the space. The cold chain potential remain untapped due to certain reasons such as high share of single commodity cold storage, high initial investment, lack of enabling infrastructure leading to poor quality produce. The market growth was driven by growth in production of horticulture produce, dairy and meat products. Adding to this increasing urbanization and growth of organized retail, food servicing and food processing sectors created demand for cold storage facilities.

India cold chain market has been propelled by government initiatives such as 100% FDI, monetary and tax benefits, establishment of National Center for Cold Chain Development and others. Additionally, rising export demand for frozen food has also boosted the revenues of the cold chain market of India over the period 2010-2015. India’s cold chain industry is still evolving and is highly fragmented with more than ~ companies in the value system. Organized players contribute only ~% of the cold storage industry market. Approximately ~% of these cold storages in India has capacity below 1,000 MT and majority of the cold storages in the country are located in Uttar Pradesh, Gujarat, Punjab and Maharashtra.
How has India Cold Storage Market grown?
India Cold storage market increased from INR ~ crore in 2012 to INR ~ crore in 2016 at a CAGR of ~%. The market was supported by increase in storage capacity and the number of cold storage warehouses in the country. During this period, the total capacity of cold chain industry increased from ~ million MT in 2012 to ~ million MT in 2016. In addition to this, the number of cold storages increased from ~ in 2012 to ~ in 2016. The cold storage market growth was facilitated by the growth in agricultural and allied sectors such as fishery, poultry and others from USD ~ billion in FY’15 to USD ~ billion in FY’17. The agricultural export was estimated at USD 33.9 billion in FY’17.
Favorable government policies have assisted major companies to expand their geographic reach and allowed international players to enter the market. The country is dominated by a large number of small and medium sized cold storage units located near farms, seaports, airports, pharmaceutical hubs and food processing clusters. Almost ~% of the cold storages are dedicated for the storage of potatoes. This is supported by increasing disposable income levels and changing consumer lifestyle.
How Have the Various Segments Performed in India Cold Storage Market?
The market has been further segmented on the basis of organized and unorganized market, size of firms, products, domestic and international companies, owned and rented and region
India cold storage market is dominated by a large number of small unorganized firms which have accounted for ~% of the overall revenue of cold storage market in 2017 whereas the organized players have gathered ~% of the market in 2017. Small warehouses with a capacity of less than 1,000 pallets have accounted for ~% of the cold storages in India in FY’2017. The medium sized cold storages with a pallet size of 1,000 to 5,000 have captured ~% of the market and the large scold storages have gathered ~%. Further, the market is dominated by domestic cold storage companies with ~% of the total cold storages in India in FY’2017 and the international companies have captured the rest ~% of the cold storages.
On the basis of products, fruits and vegetables have accounted for the major share of ~% of the total cold storage capacity in FY’2017. This is followed by milk and milk products with ~% of the storage capacity and meat and fish with ~%
How has India Cold transport Market grown?
India cold transport is in the growth stage with ~ reefer trucks as of 2017 dominated by small and non integrated firms. The industry faces challenges such as high petrol cost and operational cost, lack of skilled drivers and outdated technology. Key growth drivers include meat products export, rising demand for confectionary, frozen food and packaged food. Growth in dairy industry and a gradual shift in transportation mode from insulated to reefer containers for fruits and vegetables, milk, curd and processed dairy products has been steadily driving the transport reefer industry. Digital revolution has enabled fleet owners to monitor the truck movement and noting the performance parameters through a mobile app. This has helped them track and reduce theft, secure and control the number of door openings, and optimize time for loading/unloading. In India, due to renewed focus on developing the rural areas, especially due to the PMGSY (Pradhan Mantri Gram Sadak Yojna), the rural road infrastructure network has improved which has enabled cold transport players to traverse large distances.
How Have the Various Segments Performed in India Cold transport Market?
India cold transport market has been segmented on the basis of organized and unorganized market, domestic and international companies, mode of transport and domestic and international transport.
The unorganized sector has accounted for ~% of the revenue share in India cold transport market in 2017. The share of organized sector has increased from ~% in 2012 to ~% in 2017.
Domestic cold transport companies have accounted for ~% of the revenue share in India cold transport market in 2017 whereas international companies have occupied only ~% of the revenue share
Road and rail freight has accounted for ~% of the revenue in India cold transport market in 2017. This is driven by growth of online grocery, food processing industry and improving road infrastructure. Air freight transport has gathered ~% of the market revenue in 2017. Highly temperature sensitive goods such as pharmaceutical products majorly use air transport. Sea transport has captured a minor share of ~% in the total revenue of India cold transport market in 2017.
Who are the Major Players in India Cold Chain Market?
India cold chain market is in the growing stage with major players undertaking expansion strategy to tap the huge potential present in sector. The market is highly fragmented with the organized sector contributing ~% of the revenue in the cold storage market. The companies compete on various parameters including the warehouse capacity, number of pallets, fleet, temperature range, network coverage and locations. In future, the market is expected to consolidate. The major players in India cold chain market include Snowman Logistics, Cold Star Logistics, Schedulers, Gubba Coild Storage, Kailash Agro Cold Storage, M J Logistics Services Ltd, Deccan Cold Storage Pvt Ltd, Dev Bhumi Cold Chain, Gati Kausar Cold Chain Solutions and ColdEx Pvt. Ltd
What is the Future Outlook for India Cold Chain Market?
India cold chain market is projected to reach INR ~ billion at a CAGR of ~%. The cold storage capacity will expand to ~ million MT. The growth of online grocery retail and food processing industry will further create demand for cold storage and transportation facilities as major players and QSR chains undertake expansion across various cities in the country. The demand from pharmaceutical industry is expected to grow at the fastest rate. This will be driven by prevalence of diseases which is expected to rise in the country owing to increase in the aging population. The proportion of population above 65 years of age is expected to increase from 6.1% in 2017 to approximately 7.0% in 2019. Further, favorable government initiative such as SAMPADA scheme will facilitate the growth of small and medium size cold chain companies. Agro food, fruits, vegetables and processed food industry will account for ~% of the revenue in India cold chain market in 2022. The food processing industry is expected to grow three fold by 2020 to reach USD ~ billion by 2020.
Companies Cited in the Report
List of Companies                          Companies Covered in the Report
Snowman Logistics
Cold Star Logistics
Schedulers
Gubba Cold Storage
Kailash Agro Cold Storage
M J Logistics Services
Deccan Cold Storage Pvt Ltd
Dev Bhumi Cold Chain
Gati Kausar Cold Chain Solutions     Major Players in India Cold Chain Market
R K Foodland
FHEL, CONCOR
Kelvin Cold Chain Logistics
Crystal Logistics Cool Chain Ltd
Credent Cold Chain
Cold Rush
Swift Cold Chain Group
Agility India
Frost Global
Kool-ex
Future Supply Chain
ColdEx Pvt. Ltd
Key Factors Considered in the Report
India Cold Chain, Cold Storage and Cold Transport Market Size, 2012-2017
India Cold Chain Market Segmentation (by Cold Storage & Cold Transport and by type of Products)
India Cold Storage Market Segmentation (By Organized and Unorganized, By Size Of Firms, By Products, By Domestic and International Cold Storage, By Region and By Owned and Rented Cold Storage)
India Cold Transport Market Segmentation (By Organized and Unorganized, By Domestic and International Cold Chain Transport, By Mode Of Transport and By Domestic and International Cold Chain Companies)
India Cold Chain Market Competitive Landscape
Potato Storage India
Cold Chain Logistics India
Subsidy Scheme for India Cold Chain
Cold Storage Capacity India
Number of Cold Storages India
Cold Chain Projects India
India Cold Chain, Cold Storage and Cold Transport Market Future Outlook and Projections, 2018-2022
Investment Cold Storage Facility India
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Friday, February 23, 2018

India Cold Chain Market is driven by Growth in Multi-Purpose Cold Storage and 3PL Temperature Controlled Distribution: Ken Research

Launch of National Centre for Cold Chain Development, subsidy scheme for setting up a cold storage, increase in horticulture produce were the key factors driving growth in India Cold Chain Market.
The cold chain industry in India remains underserved and presents huge potential in terms of expansion. Market revenue has shown positive growth during 2012-2017 driven by growing demand from food processing industry, QSR chains and supermarket chains. The modern retail industry increased at a growth rate of 17.5% from 2015 to 2016 aided by easier access to credit and payment options, increasing internet penetration and speed, 24-hour accessibility and convenient and secured transactions. The food and beverage retail has accounted for 70.0% of the retail market revenue in FY’2015.
The cold storage market further augmented with the set up of mega food parks by the government of India which has led to the growth of processed food sector. Some major Mega Food Parks include Patanjali Food and Herbal Park, Haridwar, Srini Food Park, Chittoor, North East Mega Food Park, Nalbari, International Mega Food Park, Fazilka, Integrated Food Park,Tumku and Jharkhand Mega Food Park. Government of India encouraged investments in cold storages for more efficient distribution of farm produce and recommended several steps to strengthen the agriculture supply chain by developing robust cold chain infrastructure. Ministry of Food Processing Industries has been constantly involved in setting up new cold chain infrastructure which has both cold storage and processing facilities. The Ministry announced sanction of 30 Cold Chain Projects in 2015. Further, the logistics sector has been one of the biggest beneficiaries with the implementation of GST. The transit time has been cut down by about 30%. The long haul tractor trailers have observed increase in demand as compared to the rigid trucks with the implementation of hub and spoke model.
Such developments have propelled the market revenue and facilitated the shift from traditional cold storages to more integrated multipurpose cold storages.
Key Topics Covered in the Report:
Cold Chain Projects India
Subsidy Scheme for India Cold Chain
India Cold Chain Challenges
India Cold Chain
India Cold Chain Market
Number of Reefer Trucks India
Investment Cold Storage Facility India
Potato Storage India
Cold Chain Logistics Infrastructure India
Value Chain Cold Chain India
Number of Cold Storages India
Major Companies in Cold Chain Industry
Cold Chain Logistics India
Cold Storage Capacity India
Size of Cold Storages India
For more information on the research report, refer to below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204