We Provide Analysis & Advisory Services for the Cyber Security Related Issues: Ken Research

Cyber security market is a fastest growing market in the global Information technology (IT) security sector. Rise in per capita cost of data breach is a major factor to boost the investments by the private companies for strengthening their network security. Growth in implementation of stringent government regulations along with increase in government as well as private sector spending towards ensuring cyber security and developing capable human resources is fueling the adoption of advanced cyber security solutions such as Security Information & Event Management, Unified Threat Management, Next-Generation Firewall (NGFW), Intrusion Detection System or Intrusion Prevention System etc. Increasing the role of cyber security analytics services for predicting the trend of cyber-attacks to assist organizations in mitigating financial losses acquired during a cyber-attack is anticipated to attract Research & Development (R&D) investments in the coming years. Predictable growth in R&D investments is probable to result in the development of advanced cyber security solutions to protect mobile devices, personal information, and content etc., which in turn would stimulate the growth in global cyber security market over the forecast period.

This Market Research Reports Of Cyber Security forecasts the revenue growth at global, regional, and nation levels that provides an analysis of the most recent industry trends in each of the sub-segments. For the purpose of this study, Ken Research has segmented the global cyber security market report on the basis of deployment type, security type and organization size. The cyber security market is bifurcated by deployment type into cloud and on-premises. The cloud deployment type is estimated to witness highest growth owing to its high demand by organizations, since it provides many benefits including scalability, reliability, affordable, flexibility, and remote location access during the forecast period. The market is also bifurcated by security type into network security, cloud security, endpoint security, application security and others (industrial control system (ICS) security, database security, content security, and web security). The network security type is projected to witness highest growth due to increase in number of security breaches targeting networks wherein hackers effort to get access to sensitive data during the forecast period. In addition, market is also segmented by organization size into large size and small & medium-sized enterprises (SMEs).

Nowadays, the cyber security market is expanding rapidly due to growth in number of internet users and proliferation of mobile & personal computing devices that resulted in increased threat level among the users, as a result, leading to rise in demand for antivirus software. Additionally, awareness among various end-users are increasingly rising, enterprises augmented their security budgets and have started investing a lot in these solutions. Anti-virus is software that protects & secures the user’s computer from the threats while browsing several websites simultaneously whereas, Anti-malware is interchangeably used with the anti-virus, generally used for stealing the personal & business information. Key enterprises in the global Antivirus and Antimalware Market are gradually shifting toward the reputation-based security for providing comprehensive features to their customers. The benefit with reputation scanning is its ability to recognize new threats as they are created. It is predicted that Global Antivirus and Antimalware Market will be reached at rapid pace because of increase in sales of mobile phones, tablets, and laptops coupled with rise in spending power among the vast middle class during the forecast period.

Antivirus is a type of program that protects PC/laptop or mobile/tablet from attack of malware such as viruses, worms, root kits etc. They may steal the important data from the computer or slow down the system. The antivirus checks the properties of each file to make sure that it is not part of malicious file. There is a variety of antivirus available in market. Most of antivirus has two or three types of scanning method for instance full scan, custom scan and quick scan. It is very significant to install antivirus before connecting system with internet. It is also very significant to keep updating antivirus software as hackers are always coming up with new infections.

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Antivirus and Antimalware Market

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Forthcoming Growth of Healthcare Packaging Market Outlook: Ken Research

 Healthcare packaging affords a variety of important functions, but its chief role is to safeguard a packaged medical device or pharmaceutical merchandise. As healthcare products might have unique conditions and sometimes need sterilization before packaging, packaging of healthcare merchandises is meant to equally uphold the very finest medical guidelines and standards, and at an equivalent time protect the integrity of the healthcare product. The package should make sure that the merchandise remains stable throughout its time period.

According to the analysis, ‘Healthcare Packaging Market Trends, Statistics, Growth, and Forecasts’ One common risk faced by the corporations is that of additive leaching into the liquid drug formulations. Enhanced adoption of pre-fillable syringes is predicted to increase the expansion of the market during the forecast period. The growing demand for pre-fillable syringes is fuelling innovations in syringes like the designing of multi-chambered syringes and therefore the adoption of technology to scale back leachable and extractable. Pre-fillable syringes provide many benefits like minimization of drug waste, extension of product life, and convenience in drug administration. The parenteral containers market is expected to rise at the second-highest rate among all the segments, showcasing a rate of 9.41% during the forecast period. These containers are popular because they assist maintain the high bioavailability of the drug and fast action rates. The utilization of those containers lowers the risk of contamination as they’re completed from highly aseptic products. A number of the opposite trends within the market are the mixing of packaging products with protective technologies, the growing popularity of superior plastics as a raw material, a rise in contract manufacturing, a rise within the demand for blister packs, and the growing use of child-resistant and tamper-evident packaging. With increases within the demand for and therefore the supply of products, the healthcare industry has become a big contributor to the GDP of most countries. Within the overall healthcare industry, the pharmaceuticals segment accounts for the very best share. The several players include in enhancing the market of the healthcare packaging are Gerresheimer AG, Schott AG, West Pharmaceutical Services Inc., Stolzle-Oberglas GmbH, SGD and lots of others.

The regional investigation of healthcare packaging market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America and remainder of the World. North America is anticipated to the foremost country across the planet in terms of market share due to the increasing sort of health care packaging consumer within the region. While, Asia pacific is predicted to exhibit highest rate of growth/ CAGR over the forecast period.

One of the main factors driving the healthcare market is advances in technology to enhance the lives of patients. Improving the lives of patients involves finding better treatment as well as ensuring that patients have access to medications once they require them. Thus, new inventions within the industry not only foster medical development, but also attempt to make sure that patients have quick access to the medicines resulting in innovations in packaging. The rising demand for anti-counterfeiting techniques to guard the interests of patients has further strengthened the pharmaceutical packaging's growth. The expansion prospects of the market studied are expected to depend upon the general growth of the pharmaceutical and healthcare sectors. The arrival of latest healthcare medicines is one of the significant drivers of growth. The quickly growing pharmaceutical industry over the world is boosting the expansion of the market.

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Global Healthcare Packaging Market

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Covid-19 Impact On Indonesia Pharmacy Retail Market Growth: Ken Research

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In-Depth Analysis Of The Covid-19 Impact On Indonesia Pharmacy Retail Market

The global outbreak of the Covid-19 virus has led to massive disruptions in all industries, majorly due to supply chain disruptions. The looming public health crisis has claimed over 17,479 thousand lives in Indonesia as of 4^th December 2020 and apart from that, it continues to pose a threat to the lives, livelihoods, and businesses across the world.

Indonesia has been severely affected by the COVID-19 crisis. The lack of a centralized and adequate government response has led to uncoordinated responses, including a lockdown on Jakarta and business-as-usual in various sectors. August 2020 report from the Central Statistics Agency (BPS) stated that Indonesia's economic growth in the second quarter of 2020 was -5.32%. Previously, in the first quarter of 2020, BPS reported that Indonesia's economic growth only grew by 2.97%, down considerably from the growth of 5.02% in the same period in 2019. The healthcare capacity constraints have been an issue in Indonesia, even before the start of COVID. According to the Ministry of Health, Indonesia currently has only about 321,544 hospital beds to serve a population of about 270 million people as of January 2020. This accounts to about 1.2 hospital beds per 1,000 populations.

Effect on Drug Demand in the First Half of 2020: The imposed lockdown in the country and the social distancing norms have severely impacted the pharmaceutical demands in the country. Companies that had the widest product portfolios, and were not dependent on a few medication items (particularly prescribed medications) were stronger in withstanding the market shock brought about by the pandemic. The companies that were built on a single product line were impacted as during the pandemic the number of patients visiting hospitals for treatment for acute or chronic conditions slowly decreased. Pharmaceutical companies saw declines in demand for drugs during the Covid-19 pandemic as people avoided visiting medical facilities. ‘Kalbe Farma” a premier drug maker in Indonesia saw a 4.2% decrease in the sale of prescription medicines for the year ended June 30 2020. The production capacity of various pharmaceutical companies was as low as 50% due to a drop in demand during Q2-20. Due to COVID-19 restrictions in the country, the annual growth rate of the chemical, pharmaceutical and traditional medicine industry was just 5.59% in the first 3 months of 2020, down from the 11.53% annual growth recorded in the same period in 2019.

Effect on Online Retail Demand in the First Half of 2020: Stay-at-home orders amidst the pandemic increased the sales of telemedicine and Online Drug Retail companies. ‘Halodoc’, a telemedicine startup in Indonesia saw a 35% increase in basket size for pharma orders between weeks 8-13 of a pandemic. Another telemedicine platform provider in Indonesia Alodokter reported a skyrocketing uptake in the demand for the apps and related services. The growth of online retailing has helped in bridging the gap between the pharmacies and customers, especially during the pandemic. Growing internet penetration coupled with an improving logistic landscape has complemented the growth in sales of the pharmacy retail market via their e-stores.

Temporary & Long Term Shifts in the Business Practices: The demand for prescribed drugs including both generic and patented is expected to remain low throughout 2020 due to the reduced number of trips to hospitals and pharmacies. The demand for OTC drugs is however expected to recover in the second half of the year with increased activity in e-commerce and logistics sectors and to support commercial supply chains with relaxations in mobility restrictions coupled with increasing self-medication behavior in the country. The increasing health awareness among the citizens in the country along with government efforts to reduce the prices of medicines is expected to drive the demand for OTC drugs, especially the non branded generics. The ease in the lockdown is expected to increase the footfall for the pharmacy stores and increase average revenue per pharmacy in the coming future.

The industry is expected to witness a steady recovery from 2021 onwards and the sales volume reaching pre-COVID levels in the next few years. In the longer run, pharmacy chains are expected to shift towards online sales channels including e-commerce platforms, online marketplaces, and investing in an official online store, particularly for OTC drugs, which might account for the majority of the retail sales volume in the future. As a result of the Covid-19 pandemic, online buying is expected to dominate the buying preferences of consumers in the future. Strategic partnerships with independent & franchisee pharmacy store owners, and as well other stakeholders in the industry are expected to lead the industry to recover and boost drug sales volume in the future. This would be coupled with a focus on generic medicines, the introduction of new and innovative OTC products, and continued investment in marketing and promotion to drive the sales revenue. Basis all these factors, the Indonesia Pharmacy Retail Market is expected to grow at a CAGR of 1.5% on the basis of sales revenue during the forecast period 2019-2025.

Key Segments Covered: -

By Market Structure (Organized & Unorganized),

By Type of Product (Prescribed Drugs, Over-The-Counter, Non-Pharmaceutical Products & Medical Equipments)

Further Segmentation of Product Type based on Hospital-based and Street/Mall Based Pharmacies

By Region (West Java, East Java, Central Java, Jakarta, North Sumatra  & Others)

By Type of Drugs (Patented & Generics)

By Therapeutic Areas (Anti-Infective, Cardiovascular, Pain/Analgesics, Vitamins/Minerals /Nutrients, Antibiotic, Respiratory, Gastro-Intestinal, Gynecology, Neuro & Others)

Companies Covered: -

Kimia Farma Apotek

Apotek K-24

Guardian

Watsons

Century

Viva Apotek

Griya Farma

Key Target Audience

Pharma/Medicine Manufacturers

Medicine Distributors/Wholesalers

Health Supplements and OTC Products Manufacturers

3PL Logistic Players

Government Organization catering to the Pharmaceutical Industry

E-Pharmacy Players

Offline Pharmacy Players

Hospitals

Industry Associations

Time Period Captured in the Report:-

Historical Period – 2014-2019

Forecast Period – 2020-2025

Key Topics Covered in the Report: -

Healthcare Overview of Indonesia

Trends and Growth Drivers in the Industry and Challenges Faced

Contraceptive Usage and Trends in Indonesia

Indonesia Pharmacy Retail Size and Segmentations, 2014 - 2019

Ecosystem and Value Chain of Pharmacy Retail Industry in Indonesia

Industry SWOT Analysis and BCG Matrix

Customer Decision Making Parameters

Cross Comparison between Major Players and Company Profiles & Product Portfolios

Future Market Size and Segmentations, 2019-2025F

Covid-19 Impact on the Industry & the Way Forward

Analysts’ Recommendations

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

Indonesia Pharmacy Retail Market Growth

Related Reports by Ken Research: -

Thailand Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized & Unorganized Segment); By Region / Cities (Bangkok & its Vicinity, Central, South, Northeast, North, Eastern & West); By Product Categories (Prescribed, OTC, Non-Pharmaceutical Products and Medical Equipment); By Therapeutic Areas; and By Product Type (Patented & Generic Drugs)

Taiwan Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized and Unorganized), By Region (Taipei Division, Northern Division, Central Division, Southern Division, KaoPing Division, and Eastern Division), By Product Sales (Prescribed Medicines, OTC Products, Non-Pharma Products and Medical Equipment’s), By Drug Type (Generic And Patented) and By Therapeutic Class

Philippines Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized and Unorganized), By Location (Standalone and Hospital-Based), By Region (North, Central, and South), By Product Sales (Prescribed Medicines, OTC Products, Non-Pharma Products, and Medical Equipments), By Drug Type (Generic And Patented) and By Therapeutic Class

Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Intensifying Insights Of Philippines Information Technology Market Outlook: Ken Research

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Philippines’ information technology is calculable to be one in all the rising markets within the future, which needs hardware, software, and different IT services. Through database management, IT technology is utilized in libraries, hospitals, banks, shops, prisons, hotels, airports, train stations, and others. Non-public and government consumption can additionally support IT spending in the Philippines. It’s the utilization of computers to store, retrieve, transmit, and manipulate data or information. It’s generally used in the context of business operations as opposed to personal or entertainment technologies.

According to the study, ‘Philippines Information Technology Market Trends, Statistics, Growth, and Forecasts’ Philippines plays a significant role within the IT outsourcing services and is one of all the most important markets within the IT sector. High dependency and exposure to China, increasing trade wars between the US and China can impact the expansion of the Philippines IT market. The software and IT services segments are growing at a maximum rate within the country particularly within the cloud applications because of the rising adoption of cloud services by the private sector corporations. The computer hardware market growth within the country is supported by enhanced spending to renewed components of the installed computers. The country has a big share of windows 7 users as of January 2020. Windows has stopped updates for Windows 7 in January 2020 and this is often possible to encourage private corporations to upgrade their computers, which can boost the sales of computer hardware and software. Government specializes in investing in supporting IT systems, giant-scale IT infrastructure projects in the air, sea, and railway sector can additionally generate demand for the IT sector. Accenture, Convergys Philippines, JP Morgan Chase, Sutherland Global are some of the major key players in this segment.

In addition, Information Technology and Business Process Management are one of all the foremost prospective sectors within the country with its revenue increasing 15 times over 2004-2018. The IT-BPM has contributed to around 2.7% of the GDP in 2004 and has enhanced its share to 6.2% by 2016. The utilization within the IT-BPM sector has exaggerated to 1.14 million by 2016, increasing by 1200% over 2004. Philippines is projecting itself as a significant world destination for IT-BPM and is that the 2ndlargest market globally within the non-voice services. Low trade barriers, low operating prices, advancements in the IT market, price-efficient delivery of services, and the presence of a huge skilled workforce are the key factors that have led to the success of the IT-BPM phase. Around half of the courses within the college are associated with the IT-BPM market and has the third-largest in terms of talent within the world, once China and India. Government support for the industry has also contributed to the development of the IT-BPM sector within the country. In the IT-BPM segment, Business Process Outsourcing has the most important share followed by IT services and animation.

 The growth of the internet has driven technological advancements within the IT sector. The Philippines IT market is predicted to grow at a maximum growth over the medium term with increasing spending within the IT sector and improving economic activity within the producing and services sector. Growing demand from the retail sector and increasing digitization within the retail and different sectors are additionally supporting the growth of the sector. Thus, it is predicted that the Philippines Information Technology market can increase in the upcoming years.

For More Information on the Research Report, refer to the below links: -

Philippines Information Technology Market Growth

Related Report:-

Information Technology Global Market Report 2020-30: Covid 19 Impact and Recovery

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We Provide Consulting Services for Both Cloud and Data Center Related Technologies: Ken Research

Ken Research cloud consulting leverages widespread client engagements for developing the benchmark operating models, modernization frameworks, and refine change management for profitable end-to-end cloud deployment & utilization. Our cloud consulting services facilitate you to select the right cloud solutions that integrate smoothly as well as deliver optimal return on technology investment. We have remained at the front position of this cloud development, directing our customers through adoption of virtualization & joined infrastructure solutions toward the software defined foundation model and all the benefits that come with cloud computing.

Our qualified cloud consultants can assist you to determine the efficacy and implement various cloud solutions such as digital transformation, converged & hyper converged infrastructure, virtualization, Software Defined Data Center (SDDC), Software as a service (SaaS) & Infrastructure as a service (IaaS) solutions and many other cloud solutions. We use various methodologies for cloud consulting services including execution strategy, assessment-as-a-service and cloud consulting.  The execution strategy includes migration strategy, compliance, information & workloads classification strategy, governance and cloud security strategy. The assessment-as-a-service includes the total cost of ownership, cloud infrastructure, the availability & Business Continuity Planning (BCP) implications, return on investment (RoI) estimate, compliance & regulatory implications, enterprise adaptation and security & data sovereignty implications and others. Additionally, cloud consulting methodology includes solution architecture, capacity planning & sizing, services provider decisions, compliance & security consulting, cloud v/s TCO costing evaluation and High Availability (HA), Disaster Recovery (DR) and BCP solutions. The key benefits are included increased competitiveness, high success probability and insight into problems.

We provide Cloud Consulting Service for creation and improvement of maintenance & operations of new data centers. Data center server is a very high performance computer, packed with a lot of memory. It is very faster as well as more powerful processor. This data center server may be dedicated to single task, various applications and specific customers. Data center includes many components such as firewalls, servers, routers, cyber security systems switches and storage systems.

Ken Research assessments clearly characterize the data centers facility infrastructure & operational problems, leading to existent solutions related to power & cooling capacity, operational consistency, or energy usage. They also include basic capacity surveys, an ITSM-based capability assessments and infrastructure condition & capacity analysis, which are specific to data centers. Data centre facilities assertion enables the superior operating services life at high reliability & performance levels through our consulting for the maintenance & operational programs consulting.

Selecting Data Centre Consultants is a major investment decision for our company as they would be hosting all of their significant data in the operator’s facility. Choosing the correct data centre operator can lead to considerable cost savings and improve competence of the business in the long run. Our data center consulting services combine both priceless, upfront tactical assessments & planning with the continued support in the delivery of the evaluation outcomes and recommendations. These consulting services deliver the hybrid infrastructures & organized data centers as an integrated aspect of IT strategy.

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Need Analysis for data Center

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Growing Insights Of Brazil Infrastructure Market Outlook: Ken Research

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The Infrastructure sector in Brazil covers the growing construction projects in different sectors, like Social Infrastructure, Transportation Infrastructure, Extraction Infrastructure, Manufacturing Infrastructure also this sector is varied, comprising road, railroad, port, airport, telecommunications, and electric power generation and transmission infrastructure. Each of these subsectors enjoys specific driving forces and advantages, as well as being plagued by specific challenges.  A common denominator is that they all rely heavily on government spending and PPP projects, which in turn largely hinge on loan or debt-instrument financing. Infrastructure projects are characterized by long gestation periods and cumbersome land clearance and other procedures, which often result in project schedule and cost overruns.

According to the analysis,’ Brazil Infrastructure Market Trends, Statistics, Growth, and Forecasts’ the market is expected to grow during the forecast period due to private and venture capital investment in the infrastructure sector and many other factors are driving the market. Some of the prominent players in the market Construtora OAS S/A Em, CNO S.A, Cobra Brasil services, Tabocas Partipacoes, Empreedimentos S/A, and Polimix Concreto Ltda. The needs of Brazil’s foreign trade have put a strain on existing ports in the country, necessitating the construction of new ones. That many infrastructure projects are PPPs means that smaller companies often work side by side with larger ones, which helps them increase their level of specialization. On the other hand, small-sized companies are not equipped to handle large-scale projects, which means that the sheer size of Brazil’s typical infrastructure project (alongside other factors such as access to financing) is conducive to sector consolidation.

As the largest country in Latin America, Brazil has great potential for economic development and the most talked about venture capital market in the region. The impressive performance of the Brazilian venture capital ecosystem in recent years has demonstrated the attractiveness. Brazil's infrastructure sector is undergoing a major transformation, with the expected growing participation of the private sector in main projects. This transformation is facilitated by the low benchmark interest rate expected to stay at record low levels, which will allow companies and investors to raise cash at low costs.

 Brazil needs to expand its existing ports and, in some cases, even build new ones, as some have become landlocked in urban areas that were developed after the ports were built. The expansion of such ports is impossible, necessitating the building of new ones. As Brazil welcomes more international passengers ever and boasts an increasing number of domestic air travelers, it needs more, larger, and better airports too. Brazil, therefore, has a substantial project backlog over the short- to mid-term, which bodes well for the growth of its infrastructure sector and the economy in general, given that good infrastructure is essential for successful business activities.

Brazil transports the majority of its road passengers and cargo on the national highway network, which represents a minuscule share of all roads in the country. There is therefore substantial demand for new roads, as well as for re-surfacing existing roads.  The government has adopted measures to attract more FDI into the country in order to boost tourism, both in terms of domestic travelers and large-scale international MICE events. This has also created a higher demand for airports and airport infrastructure. Therefore, it is anticipated that the market of Brazil Infrastructure Market will boost up throughout the forecast amount.

For More Information on the Research Report, refer to the below links: -

Brazil Infrastructure Market Growth

Related Report:-

Philippines Road Freight Market Outlook to 2024 – Driven by Government Spending on Road Infrastructure and Technological Advancements

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Utilize Our Latest and Advanced Technological Services of Data Center: Ken Research

 Data is the most precarious asset of any organization and business are faced with the impending challenges of managing and leading data while confirming the data compliance. The data management is perilous for the every corporate to develop the business quickness with up-to-date information prevail anywhere, anytime to the workforce who demand it most. There are whole ecosystem that develop the perpetually across the big data and data analytics, which makes the enterprises focus for meritoriously critical tools to maintain everyday data.

With the businesses appreciating the dynamism of what can be done with their data, they are affecting on from their prevailing resources to well-equipped Data Centers to support better data management. The Data Centers have become highest priority for businesses around the globe to measure up their IT infrastructure necessities. With this modification in addressing the information, Data Centers have stimulated beyond being just an additional storage capability. Infact, they have appeared as a foremost business parameter. Here is why Data Centers are compulsory for the enterprise businesses.

Furthermore, the deductions in the purposeful expenditure and the proficiency to aim your IT team on your essential business, means that the data centers advocate the organizations capability to take full advantage of the potential within their businesses. Nonetheless, if you are willingly looking for looking for edge data center, simply count on Ken Research, as we destructively loyal on the way to cracking the unhinged and complex challenges within every stage of the Data Center Lifecycle such as Aptitude Planning, Scalability Problems, Uptime, Performance Preservation and Rate.

Not only has this, we as due diligence data center provider arrange for the whole thing from the conceptual physical data center design to schematic design, comprehensive design construction documents, and several other tools. This eventually helps you regulate availability, reliability, and topology requirements, as well as total data center costs. We enthusiastically deliver a superior operating service life at abundant reliability and performance levels.

Furthermore, if you are seeking cloud services, just contact us as we are having 10+ cloud partners submissions Iaas, SaaS, BPaaS, PaaS and quite a few other cloud services. Not only has this, we are having associating contacts around the devices and vendor qualifies for skillful cost deduction, and prominently simplifies the account management practice to. The Data centers with us benefit to complete economical and competent running of a business while attaining other related backings, such as supporting them to aim on their primary business activities. The Data center outsourcing empowers the corporations to flexibly accomplish their ICT infrastructures, without exchanging on security and trustworthiness.

Although, our modern data centers consume much less power and conquer much less space. Their growth be contingent on the mandate for services. They increase as the requirement for services increases. Basically, they are intuitive small and count on the energy ingestion, carbon emissions and global warming. The sustainability and its influence on the atmosphere is a real concern, though there are more encouraging results for the corporates themselves, within the viewpoint of “green technology”.

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In-depth Analysis of the Impact of COVID-19 on Vietnam Pharmacy Retail Market: Ken Research

The outbreak of the Corona Virus Pandemic has led to massive changes in the way the industries used to function; the healthcare sector of all the countries faced the major changes and perception of health and fitness also changed among the consumers. As of December 10, 2020, the number of cases crosses 68.8 million cases globally and more than 1.57 million people lost their lives. With one of the lowest cases and deaths worldwide, Vietnam’s journey has stood out in all of South East Asia and the world as it managed to successfully combat the virus, especially the first wave. Experience with SARS and Avian influenza helped the country take appropriate and timely action against Covid-19.

The credit for the country’s success can be largely given to the government in keeping COVID-19 transmission rates under control due to its swift decision-making, effective public health messaging, and aggressive contact tracing. Vietnam crushed its first wave of coronavirus infections in April and went nearly 100 days without local transmission until the virus remerged and was quickly contained in the central city of Da Nang in July. On November 30, the country reported its first locally transmitted case in almost three months and resorted to measures such as tight screening, contact tracing, border closures and suspension of inbound international flights. As of December 10, 2020, the number of Covid-19 cases in the country reached 1,381, with total deaths reaching 35. Vietnam is also expected to conduct the first phase of human trials of a locally made COVID-19 vaccine from December 17 as per the health ministry.

In the first half of 2020, Vietnam’s economy was severely hit due to Covid-19, and recorded the lowest GDP growth rate in the last three decades, according to World Bank. However, Vietnam’s growth in the year could be one of the highest in the world due to its success with containing the spread of the virus in the country. The IMF projected Vietnam’s GDP growth rate at 2.4% for the 2020 in November.

Impact on Vietnam Pharmaceutical Industry: At the beginning of 2020, the pharmaceutical industry in Vietnam faced temporary shortage of API as it is reliant on China & India for majority of its API imports. Factory closures in some regions in China and restricted exports from India due to lack of raw material from China, impacted the industry. As a result, the total pharmaceutical imports into the country declined by 30.8% during Jan-Feb 2020 as compared to the same period in 2019.

Change in Consumer Attitude towards Health and Wellness: The outbreak of corona virus pandemic stimulated the shift from prescribed medicines towards OTC products. The overall consumer spending on OTC & supplements increased by 2% during Feb-March 2020 as compared to the same period in 2019. A shift towards preventive healthcare also accelerated during this period. Consumers started demanding higher amounts of immunity boosters, functional foods, vitamins, minerals etc. as a precaution against the virus.

Impact on Pharmacy Sales and Future Outlook: At the onset of the pandemic, pharmacies & drugstores in Vietnam witnessed higher sales with an increase of 162-164% in February 2020 as compared to February 2019. The sales and customer footfall in pharmacy stores declined a little after a nationwide lockdown was imposed in April. The sales however started stabilizing after the lockdown restrictions were lifted and the market started to recover. Pharmacies witnessed higher demand for analgesics, antipyretics, pain relievers, cough & fever, eye drops, nasal solutions & more due to stockpiling mentality of consumers as people started storing these at their homes. Higher sales volume was also recorded for preventive products such as face masks, hand sanitizers, personal care products and more. The market is expected to recover by 2021, with sales and customer footfall reaching the pre-covid levels. Rapid store expansion of pharmacy chains and growing health awareness is further expected to positively influence the growth of the industry in future. Basis all these factors, the pharmacy retail market in Vietnam is expected to grow at a CAGR of 8.1% basis revenue and 4.6% basis number of pharmacy stores over the period 2019-2025.

Vietnam Pharmacy Retail Market (Basis Revenue and Number of Pharmacies):-

Vietnam Pharmacy Retail Market Segmentations (On the basis of Sales Volume)

By Market Structure (On the basis of Revenue and Number of Pharmacies)

Organized Market

Unorganized Market

By Product Category (On the basis of Revenue)

Prescribed Drugs

Over-the-Counter Products

Non-Pharmaceutical Products

Medical Equipment

By Region (On the basis of Revenue & Number of Pharmacies)

North

Central

South

By Therapeutic Areas (On the basis of Revenue)

Cardiovascular

Anti-Diabetic

Pain Relief/Analgesics

Vitamins/Minerals/Nutrients

Anti-Infective

Respiratory

Gastrointestinal

Neuro

Gynecology

Others

By Drug Type (On the basis of Revenue)

Generics

Patented

By Location (On the basis of Number of Pharmacies)

Street/Mall Based

Hospital Based

Pharmacy Retail Chains Covered:-

Pharmacity

Long Chau

Guardian

Medicare

Phano Pharmacy

An Khang

Trung Son

VinFa

Eco Pharmacy

My Chau

SK Plus Pharmacy

Key Target Audience:-

Pharmaceutical Manufacturing Companies

Pharmacy Retail Companies

Independent Pharmacies

Industry Associations

Government and Regulatory Bodies

Telemedicine Companies

Pharmaceutical Distributors & Wholesalers

Time Period Captured in the Report:-

Historical Period: 2014-2019

Forecast Period:  2020-2025

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

Vietnam Pharmacy Retail Market

Related Reports:-

Taiwan Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized and Unorganized), By Region (Taipei Division, Northern Division, Central Division, Southern Division, KaoPing Division and Eastern Division), By Product Sales (Prescribed Medicines, OTC Products, Non Pharma Products and Medical Equipment’s), By Drug Type (Generic And Patented) and By Therapeutic Class

Philippines Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized and Unorganized), By Location (Standalone and Hospital Based), By Region (North, Central and South), By Product Sales (Prescribed Medicines, OTC Products, Non Pharma Products and Medical Equipments), By Drug Type (Generic and Patented) and By Therapeutic Class

Thailand Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized & Unorganized Segment); By Region / Cities (Bangkok & its Vicinity, Central, South, Northeast, North, Eastern & West); By Product Categories (Prescribed, OTC, Non-Pharmaceutical Products and Medical Equipment); By Therapeutic Areas; and By Product Type (Patented & Generic Drugs)

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Glamour And Sharp Preamble Of Due Diligence: Ken Research

Market due diligence, not linked other appearances of diligence, does not base its happenstances on information carried by the construction. Instead, the market due diligence embraces congregation data from industry connoisseurs, competitors, customers, and alternating suppliers and other third-party market participators. In niche markets, it is imperious to advantage the standpoint not only of shoppers, lost accounts, and visions, but third-party market professionals, and, most significantly, direct and indirect contestants.

Although, contingent on the Dossier 360 which is well-acknowledged as a supreme subscription platform of Ken Research and furthermore deals a comprehensive assemblage of over 10,000+ Premium Industry Reports, 30,000+ equity and private entities reports, Press Releases, Investment and Economy news, Due Diligence Reports patterned from 100+ Notorious Universal Publishers and Sources. The exhibition location of dossier 360 commendably suggest an admission to the primary library of significant and sincere news and business content embracing international news, country analysis, industry updates, entity news, supervisory information, and mutual records. Not only has this, the Dossier360 giveaways a renovated and spontaneous interface which makes it serene for the user to entrance the subscription podium.

Whereas, Ken Research backing the clients to be pitch-ready by compassionate their fund constraint and business model and create the collateral compulsory for fund nurturing or for business sale/acquisition. We curates and publishes succeeding deliverable: Information Memorandum for fund raising, Teaser for Preliminary Investor Interest, Financial Functioning and Business Model with Picture Analysis and Exit Schedule for the Investors.

For creating the due diligence report more active we actively analyzing the a number of factors to evaluation an entities commercial prospective, calculating the financial sustainability of the entity in the terms of its assets and the liabilities at a wide-ranging level and fact-finding the operation more enormously and corroborating the material aspects interrelated to the entity in the allusion to a recommended transaction. Not only has this, the Ken Research engendered the Information memorandum for fund raising and business plan grounded upon the investment prerequisite on each business occupation, burgeoning financial enactment on the basis of plan for next 5 years and exit strategy. Also subsidized the client on list of imminent healthcare immersed seed funds and underwritten them in relating to them and be pitch well-appointed.

Data points sheltered in IM:

Administrative Summary and Anticipated Transaction

Company Impression

Industry Overview including Competitors (if Any)

Fissure in the Sector –Pain Point

Products and Services/Resolution – gap it fills

Company Business Proposal – Revenue Streams, Monetization Plan, Inter-correlation with several other entities in the ecosystem

End Users Size/ Triumph Strategy/ Shopper Acquirement cost.

Remaining Pilot – Test Case Circumstances (Phases Finalized – Pilot, Phase I, Phase II) - Journey So far

Investment Compulsory

Roadmap for the Future Growth – Speculation Consumption

Not only has this, we help you in how to select a vendor qualification criteria as our Due diligence persistence is multi-layered prompted from the standpoint of the wholesaler assemblage based on admissibility specification, client confirmation and case studies/ rejoinder, financial health report We assistance the international organizations to understand contemplative about their partners on trade union incursion, management background, constricting progression and growth, control on balance sheet, sustenance services check and distinction administration in pre and post sales course. Whereas, in the Ken Research’s financial due diligence report satisfied transactions encirclement mergers and acquisitions, partnership, joint venture and coalitions and equity transaction support recommended services.

For More Information, refer to below link:-

Financial Due Diligence Report

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Generate Comprehensive Plan to Enlarge Customer Base with Our Go to Market Strategy: Ken Research

 There are number of manners to define a go to market strategy and it is fair to say that this can be construed contrarily by the people, corporates and industries. Some describe a go to market strategy in a very comparable manner to that of a business plan, albeit with a narrower, more marketing-centric aim. Others see a go to market plan as the entire strategy for a specific product or service, incorporating some of the elements such as value proposition, target market, and several other.

Although, it is an action plan assembled to determine to stakeholders, managers and clients what happens next after the all-encompassing strategy has been signed off. A go to market plan can be convenient at several different stages in the strategy -> execution procedure and, therefore, one of the skills marketers must possess is the capability to choose the accurate go to market strategy for the accurate moment.

Ken Research’s Go-to-Market Strategy will meritoriously assist your business win crosswise favorable geographies, products and solutions, with streamlined operating models likewise industry potential business model, pinpointed pricing strategy, raised sales capacity, pricing strategies assessment, operating marketing competencies, business framework model and many other. We make several effort meticulously with your team and succor your Organization with a tailored methodology that make straight with your unambiguous goals. Our blueprint will dispose for you a sharp bottom-up view of the market and highlight the target customer segments along pricing strategies assessment, to speedily renovate decisions to schedules. In addition, we dynamically help you detect B2B and Consumer Market Opportunities that can be leveraged by your commercial aptitudes.

In addition, in anything you do with affections to your business, decreasing costs is always a highest priority. With our go-to market strategy, you can decrease the marketing costs linked with failed product launches, as we provide you a bulletproof and operative plan. With our go-to strategy services, you’re sure that your products are not only prodigious but will also have achievement in the market because we advertised it well.

The go to market strategy will reprieve a business illuminate why it's hurling the product, apprehend who the product is for, and form a plan to participate with the customer and convince them to agree the product or service. In addition, the corporate developing a go to market strategy and clarifying its customer acquisition practice should also wish on who the shopper will be.

Although, the design of our go to market strategy effectively targets a business to judge and consider all the issues purchaser might have with your product or service. Diagnosing and mapping probable pitfalls maintenances brands to advance their patron observation – from product extension to informing sales and support teams – creating positive sentiment and unending customer loyalty.

On the other hand, we have a resounding understanding of the Business Environment in immeasurable emerging geographies likewise Saudi Arabia, UAE, Oman, Vietnam, Philippines, Indonesia and immeasurable others, in Sectors comparable Retail, Shopper Products, Automotive, Logistics, Manufacturing & Construction, Chemicals, Agriculture, Defence, Healthcare, Education, Media and Financial Services. We backing you in all stages of your evolution expedition.

For More Information, Click on the Link Below:-

Pricing Strategies Assessment

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249