Wednesday, January 27, 2021

Increasing Trends in Biosimilar Market Outlook: Ken Research

 The biosimilars market involves of sales of biosimilars and associated services that are cast-off to treat chronic sicknesses such as diabetes, arthritis, and cancer. The Biosimilars are pharmaceuticals that are produced using cell lines and offers no clinical difference as linked to biologics. The Biosimilars are made once the patent of biologics is deceased.

According to the report analysis, ‘Biosimilars Market Global Report 2020-30’ states that the worldwide biosimilars market was worth USD 7.79 billion during 2019. It is predicted to augment at a compound annual growth rate (CAGR) of 31.70% and reach USD 23.63 billion by 2023.


Additionally, the production of fresh insulin biosimilars is trending in the biosimilars market. The foremost players functioning in the biosimilars market are contributing in generating a biosimilar of insulin. This is also encouraging competition amongst several biosimilar producers. For instance, during 2019, Mylan, a U.S-based pharmaceutical company, in partnership with Biocon, an Indian grounded biopharmaceutical company launched biosimilar insulin glargine named Semglee. Also, during 2019, Oramed Pharmaceuticals, a Jerusalem based pharmaceutical company improved an oral insulin drug named ORMD-0801 to indulgence type 2 diabetes. Thus, corporates in the biosimilars market are underwriting in the improvement of insulin biosimilar to obtain the profits.

During June 2018, Japan-based Fuji Pharma Co., Ltd. obtained a 4.2% stake of Alvotech for USD 50 million. The acquisition comprises Alvotech to advance, produce and supply biosimilars and Fuji Pharma will sell the biosimilars during Japan. The Alvotech is an Iceland-based biopharmaceutical organization.

While, the shortage of awareness about biosimilars amongst the primary care physicians (PCPs) and specialists restricts the growth of the biosimilars market. Biosimilars are produced from cell lines and offer the similar effectiveness as biologics. However, shortage of familiarity with biosimilars decreases the likelihood of suggesting the drugs to patients which affects the requirement for fresh biosimilars in the market. For instance, during 2018, according to the PwC's Health Research Institute, out of 442 clinicians surveyed 55% of clinicians were unfamiliar with the biosimilars and 35% were disinclined to prescribe them owing to concerns involved protection of the follow-on biologic. Thus, the shortage of awareness about biosimilars amongst the primary care physicians (PCPs) and specialists limits the growth of the biosimilars market.

Whereas, the effective growth in the prevalence of chronic diseases such as arthritis, asthma, and cancer is predicted to be a foremost driver of the biosimilars market. Long working hours, restricted physical activity, unhealthy eating and drinking habits underwrite to the pervasiveness of chronic syndromes and biosimilars are progressively used to cure these chronic syndromes. Biosimilars activate the immune system rejoinder against the cancer cells thus supporting the immune system to eradicate the cancer cells from the body. According to a United Nations article, by 2030 the proportion of worldwide deaths owing to chronic diseases is predicted to augment to 70% of total deaths. The worldwide burden of chronic disease is predicted to reach nearly 60%. Therefore, the augment in the prevalence of chronic diseases is predicted to propel the demand for biosimilars, thus influencing the biosimilars market.

For More Information, Click on the Link Below:-

Global Biosimilars Market

Related Reports:-

Global Biosimilars Market - Increasingly Lucrative Market Fueled by Constrained Payer Environment and Patent Expiries for Best-Selling Biologics

Global Biosimilars Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

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Ankur Gupta, Head Marketing & Communications

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Forthcoming evolution Of Namibia Agriculture Market Outlook: Ken Research

Agriculture is one amongst Namibia’s most vital sectors. The majority of Namibia’s population be determined by directly or indirectly on the agricultural sector for their livelihoods. Agriculture’s contribution to Gross Domestic Product (excluding fishing) over the last five years has been simply over four percent. Livestock farming contributes to roughly two-thirds of agricultural production, with crop farming and biological science creating up the remaining third of production. The country contains of poorly vegetated steppe-like areas leading in southern and western regions, the Namib Desert within the west on the Atlantic Ocean, the Kalahari Desert within the southeast, extensive savannah and woodlands in the central and north-eastern areas, and subtropical forests within the far north-eastern regions. Five perennial rivers are found along the borders with neighbour countries; all alternative rivers are peripheral.

The report analysis,’ Namibia Agriculture Market Trends, Statistics, Growth, and Forecasts’ To guard native farmers, to encourage larger production of grain merchandise, and to fulfil its food security goals the government (via the Agronomic Board) has established policies to manage bound grains. White maize, wheat, mahangu (pearl millet), and product resulting from these three grains are measured.  Controlled grain harvests will solely be imported or exported with authorisations issued by the Agronomic Board and therefore the Ministry of Agriculture, Water and Forestry (MWAF). Despite its marginal contribution to Gross Domestic Product (GDP), the agriculture sector remains central to the lives of the majority of the bulk of population. Directly or indirectly, it helps over 70 percent of the country's population. The sector may be divided into two distinct sub-sectors: the capital intensive, comparatively well developed and export bound industrial sub-sector; and the subsistence-based, high-labour, low-technology communal sub-sector.

Namibia’s agriculture sector is forced by a range of challenges. This section outlines a number of the main challenges, the Government’s responses to those and therefore the remaining gaps. Restricted human and institutional capacity, updating policy and turning it into observe, Lack of coordination on food and nutrition security problems, Weak access to agricultural knowledge by policy manufacturers and farmers, Low crop productivity, Livestock health problems, Low in-land fish production, Inadequate land use plans, Inadequate capability in land valuation, Constraints in post-settlement support services to farmers on re-settled land and Constraints in sustainable forestry management. Food safety has been a prime concern for Namibia consumers, particularly regarding farm turnout like grains, meat, vegetables and seafood. Recent scandals have somewhat dampened consumers’ confidence in food safety, and in response, the government has introduced rules to boost up food safety and strengthen quality observance.

In addition, the rising demand for high-quality agricultural merchandise versus their restricted offer ultimately ends up in multiplied imports.  Namibia’s agriculture sector delivers livelihoods to households in rural areas. Besides with forestry and fisheries, it is one amongst the biggest contributors to Namibia’s GDP.

Furthermore, the Federal Republic of Namibia government has for many years actively supported the agriculture area during mechanisms like plant food subsidies, and comfortable discarding circumstances, amongst others, approving farmers to specific a good approximation of their incomes and set up for consequential agricultural season consequently. Through a setup of public establishing and many programmes and schemes, Nigeria agriculture and regional establishments are trying to protection agricultural producers and enhancement production. Therefore, it is expected that the Namibia market will boost up throughout the forecast amount.

For More Information, refer to below link:-

Namibia Agriculture Market

Related Report:-

Paraguay Agriculture Market Trends, Statistics, Growth, and Forecasts

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

Different Developing Innovations around Veterinary Orthopedic Implants Market Outlook: Ken Research

 The veterinary orthopedic implants market comprises of sales of veterinary orthopedic implants and linked services. Veterinary orthopedic implants are utilized by veterinary surgeons for bone fixation surgeries, treating bone fractures in animals and are frequently made of metals such as pure commercial titanium (Ti) or titanium alloys, stainless steel, cobalt-chromium (Co-Cr) alloys. The orthopedic implants are also utilized as a support structure for medicinal fractures and reconstructive surgeries. Orthopedic implants comprise screws, plates, pins and wires which are utilized in the surgeries functioned on animals.


According to the report analysis, ‘Veterinary Orthopedic Implants Market Global Report 2020-30’ states that the worldwide veterinary orthopedic implants market was worth USD 98.11 million during 2019. It is probable to augment at a compound annual growth rate (CAGR) of 7.64% and reach USD 131.71 million by 2023.

The extraordinary cost of orthopaedic surgery obstructs the growth of veterinary orthopaedic implants market. The surgery cost embraces the equipment, X-ray, and consumables amongst others, which various of the households cannot have the funds for. For instance, around the USA, a typical examination of the problem expenses around USD 400 and the cost of orthopaedic surgery assortments from USD 1,500 to USD 4,000. Thus, the high fee of orthopaedic surgery impedes the growth of the veterinary orthopaedic market.

The corporates in veterinary orthopaedic implants market are participating in 3D printing approach for generating veterinary orthopaedic implants. 3D printing in the veterinary orthopaedics market is being employed for generating printed bone models, surgical attendants and titanium implants. The usage of 3D printing decreases the surgical time, cost and eradicated the engineering complexities in orthopaedic processes. Following the trend, several dogs with bone deformities have been preserved by Langford Veterinary Services, a UK based provider of veterinary services, through its cooperation with CBM. The collaboration empowered CBM to generate 3D printed models of animal implants exhausting titanium Ti6AI4V EL material. The MRI or CT scans are sent from Langford Veterinary Services in Bristol to CBM who then introduces 3D printed models optimizing the Arcam EBM Q10plus machine. CBM is a U.K based corporate aimed on advanced research, product improvement, and batch manufacturing facility. Thus, the convention of 3D printing is one of the modern trends in the veterinary orthopaedic implants market and will indorse to the growth of the market.

Nonetheless, the effective increase in the incidence of obesity and arthritis augments the requirement for veterinary orthopedic implants market. Obesity is a situation where the weight of the pet disturbs the pet's health to a point where it results in dwindling of bones, whereas arthritis in pets results in injury of strength in bones. Obesity and arthritis may also result in fractures and many other bone-joint connected issues and both the conditions result in unfavorably affecting the entire health of the pet, subsequently leading to abbreviate lifespan. Thus, the augment incidents of obesity and arthritis increases the requirement for veterinary orthopedic implants. Therefore, in the upcoming years, it is anticipated that the market of veterinary orthopedic implants will increase around the globe more effectively over the forthcoming years.

For More Information, Click on the Link Below:-

Global Veterinary Orthopedic Implants Market

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Global Veterinary Orthopedic Implants Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

Global Veterinary Orthopedic Implants Market Analysis 2013-2018 and Forecast 2019-2024

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Future Growth Of Paraguay Agriculture Market Outlook: Ken Research

Paraguay agriculture has been the mainstay of the economy. This trend has continued these days and within the late 1980s the agricultural sector usually accounted for 48 percent of the nation's employment, 23 percent of GDP, and 98 percent of export earnings. The area comprised a sturdy food and crop base, an oversized livestock subsector as well as cattle ranching and beef production, and an exciting timber manufacturing. Paraguay agriculture leading agricultural merchandise are soybeans, indigenous cattle meat, cassava, indigenous pig meat, whole fresh cow milk, wheat, maize, hen eggs, sugar cane and indigenous chicken meat.

According to the study analysis,’ Paraguay Agriculture Market Trends, Statistics, Growth, and Forecasts’ The Paraguay government has been supporting the agriculture trade with variety of policies, attempting to stabilise the output and seeking ways in which to make sure the sector is expanding healthily and sustainably. The Paraguay federal government has been extremely adjuvant of agriculture for many years, and there is broad political accord on the necessity for land, labour and tax reform to assist the sector reach its potential. Owing to supportive policies, the agriculture sector’s performance has been rising steadily in recent years. Paraguay keeps its first rank within the world in regards of farming output, manufacturing huge quantities of rice, meat, poultry, eggs and fishery products. The new strategy necessitates additional efforts to make sure the availability of key farm merchandise, promoting the supply-side structural reform and, additional importantly, enhancing environmental protection also pollution prevention and waste treatment. Despite the rapid development of Paraguay’s agriculture sector, issues emerge in reference to a various of aspects, together with the shrinking arable land, the deteriorating ecological standing of environment because of the heavy utilization of fertilisers and pesticides, and so the problem of food security. There is conjointly much room to enhance in terms of rising the use of machinery and advanced technologies within the agriculture sector.

The country has created efforts to integrate developed agricultural technologies to boost the sector’s potency and raise land productivity. The extraordinary prices and little profits of agricultural production are the main internal inhibitors of Paraguay’s agriculture sector. They are conjointly the first issue limiting the expansion of farmers’ financial gain and resulting in shrinking of the labour force in agriculture.

The government has adopted a variety of multi-year policies, like a pledge to double farmer incomes and become independent in pulses over an unspecified short-term period. However, reform has to go a lot of deeper, particularly considering the actual fact that within the years to 2050, agriculture is predicted to supply livelihoods for regarding half the rural population, despite ongoing urbanisation within the country. Paraguay has taken economic process seriously and desires to feed its whetted craving. Paraguay’s agriculture sector provides livelihoods to households in rural areas. In conjunction with forestry and fisheries, it is one in all the most important contributors to Paraguay’s GDP.

Furthermore, the Paraguay government has for many years actively supported the agriculture sector through mechanisms like fertilizer subsidies, and relaxed offering conditions, amongst others, letting farmers to own a good approximation of their incomes and arrange for the successive agricultural time consequently. Through a network of public establishments and numerous programmes and schemes, Paraguay’s federal and regional authorities are attempting to safeguard agricultural producers and boost production. Therefore, it is expected that the market of Paraguay Agriculture will boost up throughout the forecast period.

For More Information, refer to below link:-

Paraguay Agriculture Market

Related Report:-

Romania Agriculture Market Trends, Statistics, Growth, and Forecasts

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Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Monday, January 25, 2021

Qatar Retail Restaurant Industry is driven by large young and diverse urban population, rising levels of disposable income and heavy tourism traffic in the country: Ken Research

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Favorable Demographics and Income Levels: Qatar’s economy has grown by over ~150% (inflation-adjusted) over the last decade. More than 2Mn people in the country lying between the age group of 20-49 yrs while ~99% population living in urban areas having a median income of ~QAR 20,000-QAR 25,000 per month. This has translated into a boost in per capita expenditure levels on discretionary activities such as eating out in the country. It has become a major source of entertainment for cultural reasons as well as a climate that impedes outdoor activities for most of the year.

Impact of COVID on Retail Restaurant Market: Many Restaurant chains in Qatar shut down their outlets in 2020 due to shifting in consumer behavior from Dining out to cooking at home with a preference for more healthy and organic dishes. Restaurants such as Cheesecake Factory laid off their workers due to loss of revenue and difficulty in cash flow management. All types of Retail Outlets started focusing on Online Food Deliveries as well as protective measures such as face masks, regular checking of temperature, and more.


High Diversity in Qatar Population: Qatar has observed one of the highest rates of growth in the world with its population growing fourfold in the last 15 years. Economic blue-collar migrants from Asia and Africa as well as professional and managerial staff from across the world account for more than 80% of Qatar’s population. Middle income and high-income expatriates are key customer segments for Casual, QSR, and Fine Dining Outlets while cafeterias target blue-collar customers. This ethnic diversity of the workforce has led to the introduction of a range of cuisines from all across the world in the country.

Construction Projects are undertaken by the Government: Construction of new malls, supermarkets, metro stations as well as purpose-built, family-friendly entertainment locations with heavy tourist influx, such as Souq Waqif, Katara, and the Pearl have provided ample space for expanding dining facilities such as QSRs, Cafes, and Casual/Fine Dining Outlets in the country.

The report titled "Qatar Retail Restaurant Industry Outlook to 2025-Hosting of FIFA 2022 Worldcup is Anticipated to Drive Number of Domestic and International Visitors by Ken Research suggested that the Retail Restaurant Industry of Qatar is expected to grow in the near future due to heavy tourist influx owing to upcoming sports events (FIFA World Cup 2022) in the country. Moreover, initiatives are taken by Government under Qatar National Vision 2030 including construction of planned communities, development of new malls and hotels will also play a major role in the industry’s future growth. The Industry is expected to register a positive five-year CAGR of 6.9% in terms of revenue during the forecast period 2020-2025F.

Key Target Audience: -

Restaurant Chains, Hotel Chains

Food Aggregators

Catering Companies, Real Estate Companies

Potential Market Entrants

Time Period Captured in the Report:

Historical Period – 2014-2020

Forecast Period – 2020-2025F

Companies Mentioned:

Casual Dining Outlets-

Asha’s

Biella

The Noodle House

The Cheesecake Factory

Yasmine Palace

Caravan Bukhara

Burj Al Hamam

Melenzane

Layali

Neo

L’wzaar Sea Food

PF Chang’s

Vapiano

Fine Dining Outlets-

La Mar

La Spiga

Hakkasan

Isaan

Nusr-Et

Market by Jean Georges

Cafes-

CAF

Starbucks

Volume Cafe

Café Vergnano

Rosemary Cafe

Coffee Beans and Tea leaf

Caribou Cafe

QSRs/Burger Chains-

Subah W Masa

Zaatar W Zeit

Elevation Burger

Fat Burger

McDonalds

KFC

Sandwich Factory

Five Guys

Hotel Chains

W Hotel

Intercontinental Doha

Wyndham Grand Regency Doha

Double Tree by Hilton

Ritz-Carlton Doha

Key Topics Covered in the Report: -

Socio-Demographic Outlook of Qatar

Snapshot on Food & Beverage Industry

Retail Restaurant Services Industry in Qatar (Market Size and Segmentation)

Competitive Landscape of Firms (Operational Performance, Financial Performance, Company Profiles)

Challenges and risk to the Retail Restaurants

Operating Model of Casual Dining Outlet in Qatar

Regulations and Certifications applicable to industry

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

Future Growth of Retail Restaurant Services Industry in Qatar

Related Reports by Ken Research: -

Qatar Catering Services Industry Outlook to 2024 (Third Edition) – Analyzing potential of incumbents to host World Cup 2022

Qatar Catering Services Market Outlook to 2022 - By Event Catering, Industrial, Education, Flight, Healthcare, Corporate and Other Catering

Saudi Arabia Canned Food Market Outlook to 2022 - by Product Categories (Canned Dairy, Canned Meat, Canned Fish, Canned Cooking Sauces, Canned Legumes and Beans and Canned Fruits and Vegetables), by Distribution Channels (Bakalas, Hypermarkets, Supermarkets, Others), by Regional Sales (Riyadh, Jeddah, Mecca-Medina, Dammam and Others), by End User (Hotels, Restaurants and Catering Companies, Fast Food Outlets and Retail Consumers)

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

Future of Global Parking Management Market: Ken Research

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Parking management refers to strategies that result in the more proficient use of parking resources. Parking management systems assist people in quickly find parking spots and also provide the requisite guidance for making the entire process smooth, reduce confusion, and enhancing the visitor experience. These systems include parking alerts in real-time, traveler information systems, video surveillance, vehicle tracking in real-time, and easy payment options. Many advanced parking management systems need users to make phone/internet reservations and pay for a parking space.

According to study, “Parking Management Market: Market Segments: By Component (Solution and Services); By Parking site (Off-street Parking and On-street Parking); By Deployment Type (On-premises and Cloud); By Application (Transport Transit, Commercial and Government); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030” some of the key companies operating in the global parking management market are Infocomm Group LLC, DEPLOT, TIBA Parking, Q-Free ASA, Siemens AG, SAP SE, Passport Inc., Bond Traffic Solutions, Nex Valet LLC, Amano McGann, Parkmobile USA Inc., FlashParking Inc. The key players operating in parking management are forming partnerships with automakers for developing advanced parking assistance solutions for Advanced Driver Assistance Systems (ADAS) applications. They are also helping the public-private establishments monetize on the accessible parking facilities.


Based on components, the market is segmented as services and solutions. Services include system integration & deployment, consulting services, and support & maintenance. Solutions include revenue management, access control, parking reservation management, security & surveillance, valet parking management, and others. Based on the parking site, the market is segmented as on-street parking and off-street parking. The off-street parking segment is further sub-segmented as lot parking and garage parking. The on-street segment holds the major share in the global market due to growth in adoption by government authorities across the globe. Based on the deployment model, the market is segmented as cloud and on-premise deployment. The cloud-based segment dominates the market owing to multiple advantages offered by the cloud. Based on application, the market is segmented as government, commercial, and transport transit. In addition, based on end-user, the market is segmented as retail, healthcare, government, corporate & commercial parks, academia, BFSI, transportation, recreation, hospitality, and others. The government sector is anticipated to witness a higher growth rate because of growth in a number of smart city projects in developed regions during the forecast period.

The market is driven by rising in demand for optimum utilization of parking spaces, followed by Proliferation of mobile & smart-phones, rise in urban population to actuate smart parking management, the surge in demand for seamless traffic flow & reduction in fuel consumption, and growth in adoption of cloud, IoT, and data analytics technologies. However, system integration complexities and high implementation costs may impact the market. Moreover, the emergence of autonomous cars, the increase in smart city initiatives across the globe, and the rise in demand for innovative parking management solutions are key opportunities for the market.

Based on geography, the North-American region holds the major share in the global market owing to growth in technological advancements coupled with the early adoption of parking management in the region. The Asian-Pacific and European regions are estimated to witness a higher growth rate due to an increase in government expenditure on smart city development over the forecast period. It is expected that the future of the global market will be bright as a result of growth in demand for Artificial Intelligence (AI)-based services during the forecast period.

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

Global Parking Management Market Analysis

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Prominent Development In Trends Of Saudi Arabia Automotive And Spare Parts Logistics Market Outlook: Ken Research

Overview

The Automotive and spare parts logistics is the administration of the movement of parts or products that are necessitated by dissimilar producers from one domicile to another. The worldwide automotive spare parts logistics market is projected to enlarge owing to an augment in vehicle production around the globe. The Spare parts logistics service encompasses storage, post-production, and modifications comprising the technical conditions and/or pre-delivery inspections, which contain of several tests that are carried out beforehand delivery of automotive parts to the consumer. Finished vehicles are acknowledged by a precise number that is delivered by the vehicle manufacturer, which would support to recognize the parts location.

Whereas, in April 2016, Saudi Arabia proclaimed its Vision 2030 which comprises transforming the Kingdom into a favored logistics hub. Great investments in road infrastructure under Saudi Vision 2030, a 680 Km Saudi-Oman thoroughfare and the UAE-Saudi Mafraq-Ghuwaifat International Highway underway. Although, the government of Saudi Arabia is running on fresh multi-mode logistic stations and two newfangled railway lines to linkage GCC regions across the east & Yanbu-Jeddah across the west.

Major influencers of the automotive and spare parts logistics market

The effective augment in the vehicle registrations in both underdeveloped and developed countries coupled with prearranged warehousing activities of automotive is influencing the automotive and spare parts logistics market. Prominent growth in third-party logistics service vendors, which are offering integrated warehousing solutions comprising order entry system and warehouse management system, is predicted to boost the logistics industry. Enhancement in technology, comprising voice picking system and RFID, are probable to further foster the automotive and spare parts logistics market.

Saudi Arabia Automotive & Spare Parts Freight Forwarding Market

Freight forwarder bargains an assortment of services depending on their size, number of personnel, and number of branches. Growing auto exports to other Gulf countries & East African countries comprising Sudan, Libya, Djibouti and several others is motivating the requirement. Saudi Arabia launched fresh logistics zone during 2019 which is open to private investors across the Red Sea port city of Jeddah therefore, expanding the economy away from oil and generating more jobs for local Saudis. Road was witnessed as the most prominent freight mode across Saudi Arabia for automotive and spare parts logistics, followed by sea and air during the year 2019.

Moreover, the domestic freight had intervening share due to outsized association of vehicles & spare parts from the ports to the towns inside in KSA. Foremost export destinations of automotive & spare parts comprised GCC countries such as Bahrain, Jordan, the UAE and several others.

Growth is predicted to be majorly underwritten by economic & industrial activities linked with logistics services such as transportation of goods & warehousing. The KSA government focuses to aggressively propel and position 50 islands and 100 miles of Red Sea as a worldwide tourist destination. The amplification of Red Sea passage across Jeddah, minerals hub around the Yanbu, King Abdullah port and NEOM predict are also anticipated to inspire freight forwarding industry.

Comparative Scenario in Saudi Arabia Automotive & Spare Parts Logistics Market

Competition was witnessed to be exceedingly fragmented across both freight forwarding and warehousing sector along with the existence of both international and domestic players. Nevertheless, the local / domestic players have a greaterexistence in the market and were witnessed to compete on the basis of foremost clientele, revenue matrix, logistics networking, average pricing, technological improvement and value added services.

Saudi Arabia Automotive & Spare Parts Logistics Market Future Viewpoint and Predictions

The automotive and spare parts logistics is projected to witness negative growth during 2020, owing to lockdown measures, restriction on several businesses and ban on transportation in the preliminary phase. Requirement revival for the logistics services is projected to take close to 10-12 months, before the Industry will get back to customary levels. The government is scheduling to pump investment into economic regions and other industrial projects to boom up the logistics and transportation centers. KSA government is greatly encouraging the integration of multi-modal hubs around the country. FDI within logistics infrastructure improvement, constructing regional & international logistics service centers and developing the proficiency of trade routes can collectively support the region in fetching a hub over long term.

Key Segments Covered in KSA Automotive & Spare Parts Logistics Market:-

By Service Mix

Freight Forwarding

Warehousing

Value Added Services

KSA Automotive & Spare Parts Freight Forwarding Market:-

By Mode of Freight

Road Freight

Air Freight

Sea Freight

By Type of Transport

Domestic Freight

International Freight

By 3PL & Integrated Logistics

3PL Logistics

Integrated Logistics

By Cost Split

Last Mile

First Mile

By Automotive Segment

Vehicles

Spare Parts

By Sea Flow Corridors

Sudan

GCC

Egypt

Others

By Air Flow Corridors

Sudan

Egypt

Kuwait

Libya

Oman

UAE

Others

By Road Flow Corridors

Bahrain

Jordan

Lebanon

UAE

Kuwait

Oman

Others

KSA Automotive & Spare Parts Warehousing Market:-

By Business Model

Industrial / Retail

Container Freight / Inland Container Depots

By Cities

Jeddah

Riyadh

Dammam

Others

By Type of Warehouse

Closed Warehouse

Open Warehouse

Key Target Audience:-

International Domestic Freight Forwarders

Warehousing Companies

Logistics Companies

Logistics Consultants

Automotive OEMs

Automotive Dealers/Distributors

Spare Parts Manufacturers

Spare Parts Dealers/Distributor

Time Period Captured in the Report:-

Historical Period: 2014-2019

Forecast Period: 2019–2025

Companies Covered:-

Oriental Commercial & Shipping Co.

Hala Shipping Services

Gulf System

Uniworld Logistics

Abdui Global

NTF Logistics

Four Winds

KWE Transport

Glaube Logistics

Al Rashed Transport

Arabian Transport Co.

SITCO Logistics

Takhzeen Logistics

Kanoo Terminal

Agility Logistics

Al Khodari Sons & LV Shipping & Logistics Co.

BAFCO International

Wolf Transport

Almajdouie Logistics

GAC Logistics

JAS Logistics

Platinum Logistics

Kerry Logistics

Namma Cargo

Al Jabri Transport

Automotive & Spare Parts Companies Covered:-

Audi

Mercedes

Isuzu motors

Nissan

Kia Motors

Toyota

Hyundai

Mazda

General Motors

Mitsubishi

Ford

Changan

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

Saudi Arabia Automotive & Spare Parts Logistics Market

Related Reports:-

Saudi Arabia Dry Logistics and Warehousing Market Outlook to 2025 – Warehousing Automation and Investment within Transport Infrastructure to Drive Market Revenue)

Philippines Logistics Market Outlook to 2024 (Sixth Edition)– By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)

UAE Logistics and Warehousing Market Outlook to 2025 – By Road , Sea and Air Freight Forwarding; Domestic and International Freight, Major Flow Corridors, Integrated and Contract Freight Forwarding; By Warehousing (Industrial / Retail, CFS / Inland Container Depot & Cold Storage, Agriculture), End Users (Manufacturing, Retail, Food and Beverage, Automotive, Oil and Gas, Healthcare), Type of Warehouses; By Courier Express & Parcel Market , and, E-commerce Logistics

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

Covid-19 Impact On Global Peptic Ulcer Drugs Market: Ken Research

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Gastrointestinal conditions such as gastritis, gastric ulcers, and duodenal ulcers or gastroesophageal reflux disease (GERD) are denoted as peptic ulcers. Drugs utilized to cure peptic ulcers comprise the drugs that deduct the secretion of gastric ulcers, such as antagonists of the PPI and H2 receptors, and acid neutralization agents such as antacids and antibiotics against H. Pylori. Such medications, however, are also utilized in conjunction with efficacious treatment.

According to the report analysis, ‘COVID-19 Impact on Global Peptic Ulcer Drugs Market by Disease Indication (Gastric Ulcers, Duodenal Ulcers, and Esophageal Ulcers); By Application (Hospital Pharmacies, Drug Stores, Retail Stores and Online Sales) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030’ states that the worldwide Peptic Ulcer Drugs Market the size was accounted at USD 4.9 billion during 2019 and is projected to reach USD 6.8 billion by 2030, accounting a CAGR of 3.17 % from 2020 to 2030. The prominent increase in the prevalence of peptic ulcers, growing the implementation of peptic ulcer drugs over surgery, interesting R&D through government policies, snowballing the number of generic producers of peptic ulcer drugs, enhancements in disease management, etc., are factors influencing the growth of the worldwide peptic ulcer market. Also, aspects such as the augmented prevalence of stress-induced ulcers owing to changing lifestyle and diet augmented smoking rates and broadminded geriatric population is anticipated to facilitate the enlargement of the worldwide market for peptic ulcer drugs.


In addition, the worldwide pandemic COVID-19 has become worldwide stress, not just for human lives, but also for industries around different industry verticals. The COVID-19 syndrome has infected numerous million people around the globe, with an augmenting number of active cases daily, the duration of the pandemic is still problematic to predict. Owing to the ongoing COVID-19 pandemic-an acute respiratory suffering syndrome triggered by the original coronavirus-the most unparalleled organizational and economic difficulties have arisen. Also, a substantial amount of time is required to establish and market efficacious treatment choices for this new COVID-19 pathogen. During the coming quarters of 2020 and 2021, such amalgamated difficulties of infection transmission and treatment are projected to delay the diagnosis and treatment of GI syndrome.

Decreases physician and hospital visits owing to prioritization of COVID-19 care for non-indispensable health issues would limit market development. Owing to the availability of COVID-19 vaccines, the market for peptic ulcer medications is projected to rebound to pre-pandemic market demand during 2021. This will characterize the COVID-19 pandemic in terms of recuperating developed and emerging regions. Also, local governments arrange healthcare services to meet the complications of COVID-19, which is also predicted to slow the pace of the requirement for peptic ulcer medications in the short term.

Moreover, the foremost driving aspects for the drug market for peptic ulcers are stress, ulcers caused by medications, growing incidence of H.Pyrroli infection, enhancements in food, augmentin cancer, usage of tobacco, and alcohol. Patent expiry, a reasonably good treatment regimen of proton pump inhibitors, H.Pyrolli resistance, severe market fragmentation in several businesses, and wide generic dissemination are constraining aspects in this market.

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

Global Peptic Ulcer Drugs Market Analysis

Related Report:-

Global Anti-Peptic Ulcer Drugs Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Effective Growth in Trends of Oral Biologics Biosimilars Market Outlook: Ken Research

 The oral biologics and biosimilar market contain of sales of oral biologics and biosimilar products and associated services utilized to treat chronic syndromes such as diabetes, arthritis, cancer. Biologics are drugs completed from living cells using exceedingly complex technology while biosimilars are generated to function similarly to biologics but are not matching to biologics. Biosimilars offer energetic properties as any licensed biologic drug. The oral biologics and biosimilar market encompass of biologics and biosimilar drugs taken orally for the besieged treatment of Alzheimer's, numerous sclerosis, HIV/AIDS and other solemn conditions.


According to the report analysis, ‘Oral Biologics & Biosimilars Market Global Report 2020-30’ states that the worldwide oral biologics & biosimilars market was worth USD 1.15 billion during 2019. It is expected to increase at a compound annual growth rate (CAGR) of 34.31% and reach USD 3.74 billion by 2023. The up-to-date trend in the oral biologics and biosimilar market is the manufacture of new insulin biosimilars. The foremost player’s functioning in the oral biologics and biosimilar market are participating in engendering a biosimilar copy of insulin. This is also ncouraging competition amongst various biosimilar constructors. Following the trend, Mylan, a USA reliant pharmaceuticals company, in partnership with the Biocon launched biosimilar insulin glargine named Semglee, during 2019 across Australia. Biocon is an Indian based biopharmaceutical company. During 2019, Oramed Pharmaceuticals, a Jerusalem based pharmaceutical company improved an oral insulin drug named ORMD-0801 to generate type 2 diabetes. Thus, corporates in the oral biologics and biosimilar market are participating in the trend of improving biosimilar of insulin to gain profit.

While, the stringent regulations imposed on authorization of biosimilar is projected to hinder the growth of oral biologics and biosimilar market in the review period. The governments of dissimilar regions impose different rules concerning the production and usage of biologics and biosimilars. Further, problems such as patent infringement or agreement issues limit the manufacturers of biologics and biosimilars from commercializing the government-approved biosimilars. The US Food and Drug Administration demands a double regulatory approval for biosimilars, limiting the usage of biosimilars as an interchangeable drug to biologics whereas, across Europe, the European Medicines Agency (EMA) supports biosimilars as interchangeable products for biologics. During February 2019, out of the total 17 approved biosimilars only 7 biosimilars involving 4 originating biologics could enter the US commercial market. The robust government policies for authorization of such drugs impact the producers in oral biologics and biosimilar market.

In addition, the rising predominance of chronic diseases such as arthritis, asthma, cancer is expected to be a foremost driver of the oral biologics and biosimilar market. Long working hours, restricted physical activity, insalubrious eating and drinking habits contribute to the commonness of chronic diseases and biologics are gradually used to treat these chronic syndromes. Biologics stimulate the immune system response against the cancer cells thus supporting the immune system to disregard the cancer cells from the body. According to a United Nations article, by 2030 the proportion of worldwide deaths owing to chronic diseases is probable to augment to 70% of total deaths. The worldwide burden of chronic disease is probable to reach nearly 60%. Therefore, the augment in the commonness of chronic diseases is projected to boost the requirement for biologics and biosimilars, thus propelling the biologics and biosimilar market.

For More Information, Click on the Link Below:-

Global Oral Biologics and Biosimilars Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249