Profitable Insights Of Global Deep Brain Simulation Devices Market Outlook: Ken Research

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Deep brain simulation (DBS) is a surgical operation used in the diagnosis of various neurological diseases like debilitating motor symptoms of Parkinson's disease (PD), essential tremor, and dystopia. DBS therapy is mostly suggested to patients who do not make a response to medicinal drugs for five years. During this medical aid, electrodes are inserted in specific areas of the affected brain that deliver electrical impulses that command abnormal impulses. Further, this treatment is allowable by the U.S. Food and Drug Administration (FDA), for patients who cannot have epilepsy surgery, which separates or eliminates the part of the brain which causes seizures.

The study of,’  Global Deep Brain Simulation Devices Market to reach USD 1.86 billion by 2026’  These key market players are focusing on launching innovative medical devices, building growth strategies, and technological advancements to strengthen their position in the world market. Major players in the industry include Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, Aleva Neurotherapeutics SA, Functional Neuromodulation Ltd., Beijing PINS Medical Co., Ltd., and NeuroPace, Inc. The market is further segmented on the premise of product, application, and end-user. By Product into Single Channel Deep Brain Stimulator and Dual Channel Deep Brain Stimulator. By Application into Pain Management, Epilepsy, Parkinson's disease, Essential Tremor and Others. By End-Use into Hospitals, Neurology Clinics, Ambulatory Surgical Centers and Research Centers.

An increase in the widespread presence of a neurological disorder like Parkinson, surging investment for neurologic R&D and escalating demand for low invasive methods owing to the increased patient results are the few factors responsible for the high expansion of the market over the forecast amount. According to a study of the Global Burden of Disease 2015, it is estimated that the prevalence of Parkinson's disease to be approximately 6.2 million people worldwide in 2015 and it would reach approximately 13 million people with Parkinson's by 2040. Additionally, various Parkinson's disease Foundations shows that approximately 60,000 Americans are treated with Parkinson's disease each year. Which, in turn, is anticipated to accelerate the demand for deep brain stimulation devices across the globe.

The geographical analysis of global Deep Brain Stimulation Devices Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is anticipated to emerge dominant during the forecast amount. This is attributable to the increasing developments in the healthcare sector as a result of growing research and development activities in the industry and also due to the increasing number of patients diagnosed with Parkinson, along with the wide availability of technologically advanced deep brain stimulation devices in the region. Asia Pacific is expected to expand at the highest CAGR over the forecast period because of factors like the rising prevalence of neurodegenerative disorders together with unmet demand for effective and long-term solutions. Increasing awareness about neurological disorder treatment options and improvements in clinical development framework of emerging economies are anticipated to propel the market expansion in this region.

Additionally, Potential benefits of deep brain stimulation devices, like long-term efficacy and good management of postoperative results, are predicted to drive the deep brain stimulation systems market growth. Moreover, these advancements aid clinical researchers in investigational efficacy studies for the inclusion of deep brain stimulation devices in the treatment of other neurological disorders. These key factors are expected to increase the demand for deep brain stimulation devices throughout the forecast amount.

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Press Releases Services have Significant Importance for All: Ken Research

The press release is a communication describing definite transient data associated to event, circumstance, product launch, or any other key event. The press release is usually hooked up to business or organization that has media coverage over a large varies of ways. Moreover, the substance over business announcements, sale or product launches, along with the acceptable press release in trade and specialist magazines. Most of press releases services are procurable for the immediate unleash, that suggests in sharing the information as presently as being desired to form that information public. The business aim for releasing the information over the public and future event, that majority of people like to encourage large audience and delivering the timely coverage of information over the global potential market.

The use and release of press release is said further limited as strategy goals set by companies. The scope of media and press release further consists of coverage and allowing the media sources to report. The press releases are said to be as a key alternative being offered over various alternative sources associated to websites, or the owners that desire to publicize the desired information at any given time. The frequency of press release is decided as per the distribution offerings that are low priced based on the enterprise budget, moreover the key online press release further assist in the noticeably meeting the goal of the distribution, services which approaching the feature and factors the creates news and the way more about for launching the required story, and helping the media launch performance. The information sharing is also said to be one of the key activities provided to stay secret over the different time which could specifically cover wide scale information.

The leading aim of all press releases is to assists in marketing vast and specific product or services, then attaining this over a so much side. There are completely different businesses globally that are currently coming up with the exploitation of press launch distribution services over a paid service are now undoing the help with the specified functions. The press launch is also record adhering with the strict layout that serves as per the advertising and selling, and all promotional functions. The paid & free press release submission site proposes press launch for a much wider audience. There is said to be alternative that may be technically confined to their distribution with the most effective launch on low- newswires and websites.

The free press release submission sites  have offered significant the potential for distributing the circulating them over the newswires, and websites globally. Moreover, key objective of on-line distribution is to supply data visibility by press distribution. There may be several benefits associated to press release that provides much assistance and offerings to create a much-desired outcome and then selling a campaign much seamless, like writing, enhanced offerings, and social media campaigns. Press releases aren't the features. They are the casual pitches which are formal, reliable bulletins regarding to new or the life-size over the enterprises, event, or something of such kind. The enterprises currently archive the vital record of destiny that use, and enhance the SEO. The public press unleash services conjointly focusing on the alternatives earned by reporters globally, at the side of the print, day to day media, television, radio, and virtual reporters and influencers.

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Highly Productive Landscape Of Free Press Release Submission Services Market Outlook: Ken Research

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Future Of Global Electric Bus Market Growth: Ken Research

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Electric buses can store electricity either on board or can be consumed unceasingly from an external source (i.e. overhead wires, as in the trolleybus, or with non-contact conductors exist on the ground). A bus that stores power are majorly known as battery-electric buses, in which the electric motor takes energy from an on-board battery, although instances of additional storage modes do exist, like the gyro that uses flywheel energy storage.

 According to the study,’ Global Electric Bus Market to reach USD XXX billion by 2026’ The global electric bus market is dominated by major players such as Volvo Group, Daimler AG, Iveco Bus, Anhui Ankai Automobile Co. Ltd, BYD Co. Ltd., New Flyer Industries, Proterra Inc., Ryobi Bus, Scannia AB, and Zhengzhou Yutong Bus Co. Ltd. These companies have strong distribution networks at a global level. In addition, these companies offer an extensive product range in this market. These companies have adopted strategies such as new product developments, collaborations, and contracts & agreements to sustain its market position.  For instance, in India, the National Electric Mobility Mission Plan 2020 is released with the aim to accelerate the growth of the electric and hybrid components of the automotive industry. It primarily emphasizes fast tracing the production and introduction of electric vehicles in India. Similarly, in 2017, the Government of China paid over an average of USD 10,000 per electric vehicle. This factor would contribute to the rising demand for electric buses around the world. However, the outbreak of COVID-19 pandemic across the globe has a swift and severe impact on every single sector including the automotive industry.

Government-issued strict guidelines on the movement of public, goods & services, due to which automobile companies cannot produce vehicles. As a result, the production of electric buses has substantially declined and affected the topline of electric bus manufacturers thereby, impacting the market growth in recent years. In addition, the high manufacturing cost is being always considered as the major limiting factor to the market growth over the forecast period of 2020-2026.

The regional analysis of the global Electric Bus market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to increased government funding to accelerate the production of electric buses, along with the presence of a significant number of OEMs such as BYD, Yutong, etc. in the countries, particularly China and India. Whereas, Asia-Pacific is also projected to exhibit highest growth rate / CAGR over the forecast period 2020-2026, due to the rapidly growing electric vehicle (EV) charging infrastructure in the region.

Vehicle emissions are extensively liable for discharging 29% of ozone-depleting substances that bring about air pollution and are dangerous for the atmosphere. The consumption of unrefined petroleum and rising fuel costs have brought about an ascent in fame and demand vehicles that are less harmful to nature and utilize energy. This has additionally prompted an expansion in the adoption of this type of bus to set the reliance on petroleum fuels. Increasing demand for the hydrogen fuel cell bus, rising focus on emission-free and energy-efficient mass transit solutions, and growing government initiatives for stimulation the adoption of electric bus are the few factors responsible for the high CAGR of the market over the forecast period.

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Different Develpoing and Increasing Trends across World Nitrogen Trifluoride (Nf3) (Mcp-1381) Market Research Report 2024 (Covering USA, Europe, China, Japan, India and Etc) Outlook: Ken Research

 Nitrogen trifluoride (NF3) is an inorganic compound and has toxic, odourless, non-flammable properties. NF3 is factory-made by the reaction of hydrochloric acid (HCL) and ammonia (NH3) and primarily utilized in the cleansing of silicon wafers in semiconductor and solar energy applications. NF3 is taken into the account in place of different cleansing agents like sulfur hexafluoride, per fluorocarbon, and hexafluoroethane on account of its environmental effectiveness. Increasing solar power generation is predicted to spice up the NF3 market demand for thin-film solar cells.

According to the study, ‘World Nitrogen Trifluoride (NF3) (MCP-1381) Market Research Report 2024 (Covering USA, Europe, China, Japan, India and etc)’ specific that there are some corporates that presently functioning further with success for dominant the foremost effective growth of the market and obtaining the productive competitive edge whereas acceptive the productive moneymaking ways within which at intervals throughout which and policies like joint ventures, mergers and acquisitions, partnership, merger and merchandise development includes Liming Research Institute of Chemical Industry, SK Materials, Versum Materials, PERIC, Central Glass, Shandong FeiYuan technology, Mitsui Chemical, Hyosung, Kanto Denka Kogyo. In addition, NF3 is utilized in plasma process for fabricating the integrated circuits of televisions, laptops, and tablets. It principally cleans the silicon wafers at Plasma Enhanced Chemical Vapor Deposition (PECVD) in Liquid Crystal Displays (LCDs). NF3’s element content is utilized for cleaning the silicon-based impurities within the chamber. Hence, rising demand for LCD televisions is predicted to spice up NF3 market demand to be used in televisions. However, the Kyoto Protocol has recognized NF3 because the second most GWP gas after SF6 and enclosed it within the list for the second commitment period from 2013.

Based on the regional investigation, the World Nitrogen Trifluoride (NF3) Market is assessed across the planet that majorly involves USA, Europe, Japan, China, India and the last region is South East Asia. Whereas, North America is predicted to be the most country across the world in terms of market share thanks to the rising type of Nitrogen Trifluoride shoppers among the region. While, the China is additionally predicted to exhibit highest rate of growth/ CAGR over the forecast period owing the significant advancement in the economy, increasing disposable income and effective functioning of organized players.

The growth in demand for LCDs is predicted to increase the demand for NF3 over the forecast period. However, several makers have begun to use NF3 catering to solar cells and LCDs thanks to their environmentally friendly nature. The increased use of NF3 in uranium enrichment is predicted to any augment its demand for nuclear production. In addition, the preference of Gas Insulated Switchgears (GIS) over Air Insulated Switchgears (AIS) is predicted to rise the demand of NF3 as a dielectric medium intended for electrical applications. Moreover, rising nf3 demand, primarily used in a semiconductor, flat panel display, LED and solar PV cell industries as a chamber cleaning gas is projected to drive the nitrogen trifluoride market growth.

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Profitable Insights Of Global Satellite Transponder Market Outlook: Ken Research

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Satellite Transponders are a series of interconnected units that type a communication channel among the transmittal and receiving antennas. These are used in satellite communication to transfer the received signals. One single satellite contains approximately 15 to 30 transponders. The signals transmitted from these satellites to the earth are of terribly low power level because of the large distinction within the distance between the satellite and therefore the transmitter. Here the transponders that are created at a different frequency vary are accustomed amplify the low power signals. The amplified signals are transmitted by the satellite back to the world.

According to the study, ‘Global Satellite Transponder Market to reach USD 29.68 billion by 2026.’express that there are some corporates that presently functioning further successfully for dominant the foremost effective growth of the market and getting the productive competitive edge whereas acceptive the productive profitmaking ways that within throughout which and policies like joint ventures, mergers and acquisitions, partnership, merger, and merchandise development includes Lockheed Martin Corporation, Loral Space and Communications, Inc., Northrop Grumman Innovation Systems, Eutelsat Communications S.A., Boeing Company, Arianespace SA, SES S.A., Airbus SE, Thales Alenia Space, Intelsat S.A.. For example, there are 4.39 billion internet users in 2019, a rise of 366 million equivalent to 9% as compared to its price in 2018 at the side of 5.11 billion distinctive mobile customers within the world these days, up 100 million (2 percent) as compared to the past year. Dynamical the launch of a lot of satellites and therefore new proving a large marketplace for Satellite transponders. As per the Satellite Industry Association (SIA), the number of operational satellites on-orbit increased by 20% numbering to 2100 satellites in 2018 of which 300 were launched in the same year. However, quality in installation and high capital investment, growth of fiber optics & cable transmissions and failures in satellite launches impedes the expansion of the market over the forecast period of 2020-2026. Although, Emerging/evolving demand for connectivity in maritime and airborne services at the side of rising demand for high throughput satellites (HTS) and high-data-rate applications would produce a profitable chance for the market growth.

The regional investigation of the global Satellite Transponder market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading country in the world in terms of market share because of the widespread utilization of the C-band video services segment and therefore the dominating prevalence of 4K-UHD TV services by the satellite operators and the evolving demand for Ka-Band transponders would drive the market within the region. Whereas, Latin America and Middle Eastern are also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2026. Factors like rising in demand for direct-to-home (DTH) satellite TV, high definition (HD) to replace standard definition (SD) offerings, need for secure communications for military and defense, and therefore the spirited broadcast trade would produce profitable growth prospects for the Satellite Transponder market across the region.

Furthermore, with a growing range of network connections across the world, the broadband property has become essential technology to support rising next-generation technologies like Internet of things and good infrastructure. These devices propel the demand for satellites for quick transfer of information and therefore boost the market for Satellite transponder. Factors like the rising range of video broadcasting subscribers, the evolution of high definition channels, and UHDTVs drive the market for Satellite transponder. Also, the increasing subscribers for Ku band frequency that is primarily used for information, voice, and video communications drive the market growth. Thus, the Satellite Transponder Market can increase in the upcoming years.

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Global Satellite Transponder Market Status and Future Forecast 2015-2025

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Intensifying Insights of Global Active Noise Cancellation Market Outlook: Ken Research

 Noise cancellation and strong wireless connectivity in client and skilled headphones have become apparent because the most prolific advancements in audio technology. Active noise cancellation headphones are a sort of headphones that cut back spare close sounds with the assistance of active noise control technology. Active noise cancellation makes it possible to pay attention to audio content while not increasing the volume excessively. It also helps a rider to sleep during a creaky vehicle like in plane. Within the aviation trade, noise-cancelling headphones raise the signal-to-noise ratio significantly over passive noise headphones, creating hearing an important information easier.

According to the study, ‘Global Active Noise Cancellation Headphones Market to reach USD 11.8 billion by 2026’ it’s states that there are some corporates that presently operational heap of successfully to dominant the foremost market growth and obtaining a good competitive edge whereas deed the effective profitmaking ways and policies like joint ventures, mergers, and acquisitions, partnership, amalgamation, and product development includes Bose Corporation, Logitech UE, Monster, Phiaton Corporation, Syllable Corporation, Audio-Technica Corporation, Beats Electronics LLC, Sony Corporation, Plantronics, Inc.. As an example, as per the CISCO Annual Internet Report, the overall variety of mobile subscribers can increase to 5.7 billion by 2023, a rise of virtually a pair of 2.25% from 2018 that holds nearly 5.1 billion mobile subscribers. Similarly, consistent with Zenith's Mobile Advertising Forecasts 2017, in Asia-Pacific, China holds the best variety of smartphone users with 1.3 billion users as compared to 530 million users in India. This, in turn, is anticipated to accelerate the demand for active noise cancellation headphones round the world. The recent irruption of COVID-19 has been destruction many countries round the world and cause severe challenges to world electronic device companies. Therefore, ACN headphones makers even have to face fluctuations in demand of its raw materials, thus, production and provider of electronic elements is considerably declining. That results. However, would like for top capital and technological expertise are number of the most important issue that hamper the market growth over the forecast period of 2020-2026.

The regional investigation of global Active Noise Cancellation Headphones market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is that the significant country over the world in terms of market share because of high variety of millennials with the growing inclination toward smartphones, and early adoption of technological advanced products in the region. Whereas, Asia-Pacific is additionally predicted to exhibit highest rate of growth / CAGR over the forecast period 2020-2026, because of the presence of serious variety of market players like Sony, beside the billowing adoption of smartphones among youths within the countries like China and India.

Increasing penetration of smartphone, rising adoption of advanced sound and audio technology for product improvement and dynamic client preference towards headphones that offer higher audio quality are few factors to blame for high CAGR of the market over the forecast period. Increasing inclination of client towards headphones that provide higher audio quality is encouraging audio device corporations to include advanced technologies and offer the noise cancelling feature in headphones is further fuelling the market growth. Thus, the Active Noise Cancellation Headphones Market can increase in coming years.

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We Provide Reports with Most Update Information: Ken Research

The market intelligence report majorly includes of market size, market share, key trends & forecasts, drivers, market segmentation, opportunities, and plenty of other factors. Moreover, we have provided and made market reports with the feature and added with hard to find based information. Further, we have design and assisted all our clients for utilizing the most effective market intelligence activities designed and developed for getting a greater business gains and further designing the effective business development strategies and supporting users with unmatched comfortable faster, better and cheaper experience altogether We aim for providing the unrivalled knowledge and report quality compared to the other marketing research report companies. We tend to even have highest client satisfaction on this. Our market research report comprise of best analysis associated to addition of the correct use analytical data over varied markets, applications, technology, business analysis, market shares, and technology shifts, key players, conjointly the} developments analysed each} & every market. Our reports and future analysis market research reports supports all needs.

We additionally assure that our marketing research reports are designed to supply all information with the most update on their investment returns. Moreover, market research reports are always demanded by various corporations and corporate considering the addition services. The market reports are further designed for continuously working towards the key parameters comparable and finalised on scope and methodology. We also have a tendency to provide information related to all key updates and market intelligence activities that may be brought out with the substantial experience in market intelligence at a global, national, and all native levels. We have a tendency to seem and simply skilled with being niche in providing information and reports further lies in delivering tailored business intelligence that is exclusive for the precise client. We have expertise in sectors such as healthcare, ICT, food and beverages, chemical, materials and energy.

We have a tendency to expertise in providing best information for all our reports. Our analysts and specialists are further renowned in associated to their in-depth data associated to different publishers and variety being found over a large vary of reports in individual of various industries. We further facilitate in purification the search parameters, reviewing of the scope and methodology over the reports being chosen, locating the complete vary of obtainable reports, and therefore supply them the foremost information with meeting out the desired objective and recommendation and making sure simplifying and finding, creating the most effective analysis purchase decisions.

We always add strategic analysis by using the advanced methodology designed to serve all our purchasers to broad overview with precise information in and around all corners. We have information related to real-world primarily based on providing success to the overall market. Moreover, all our standard research activities associated to research suppose & acts designed for building the holistic approach and creating the operational move for driving the business. We have got winning ways & frameworks permitting the translating and the facility of research for the business context. We further aim in bringing out the expert views associated to different industries thereby making it most accurate and intelligent platform enabling user and the client over the market forecasts, innovations, and time series analysis over the future scenarios driving to decisive actions making business to lead all over.

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Protruding perceptions Of Product Expansion Strategy Outlook: Ken Research

 The Market expansion is an operative business evolution strategy. Quite a few corporate espouse a market expansion strategy when their growth supports in prevailing channels. Victory depends on approving that they have comfortable prevailing markets. The corporate must then effectively distinguish other markets that are stress-free to reach.

The corporate exploring impending markets must take stock of their proficiency and assets. Such may encompass new or prevailing products with an entreaty in untapped locations. Through what channels will they encounter such prospective consumers? Corporates must envisage who fresh clienteles are. Then they can involve them with an exhaustive brand message.

In addition, the corporates must funding their creativities. They must also disclose the perils of financial disillusionment. Even the most well-developed market expansion strategies do not newcomer the success. But victory will lead to boost the sales and a boon for the financial imminent of those corporates.

The Ken research is one of the leading distributes of market research reports which consent business to communicative their market entry and expansion strategy. Our reports will offer you an end user perspective to the market which will support you appreciate the inspiration behind improvement of business expansion strategy. We are backing corporates to bring the commanded transformation in business by calculating present and future investments, succeed perils and by distributing the new ideas for business enlargements. Although, we dynamically follow prominent steps to grow your business universally.

We have originated in the encroachment of several product expansion strategies and international expansion strategies for abundant corporates. We deliver the convention market expansion strategy to our regulars by delivering the information concerning market size, prevailing requirement, market entry barriers, market segments, market trends, opposition scenario, and consumer decision producing parameters, future reviews and analyst endorsements. There are numerous manners in which you can broaden your business such as product modification, geographical extension, product creativeness or enlargement or growth through mergers and acquisition.

We can engender a roadmap for you to consequent you through every step of your business enlargement. Our reports have confirmed to be indispensable to decision building for investors, manufacturers, and industry connotations as well as to government institutions in order to enhance the proficient growth and expansion strategies, by tolerating them to categorize disorderly business models, revenue streams, and success and disenchantment case studies, due diligence, entry strategy, pain points, gap examination and investment plant model.

With us you might plan to countersign in novel product development as part of your market expansion strategy. This releases new revenue opportunities that can drive businesses to victory. Not only has this, we comprise your prevailing consumers in the objective market throughout the proposal phase. Exploit the social media or a web portal to amalgamate with them. With this you will be fixated on consumer paybacks as you progress your product. And they can fund you with a name for the product as well. We expressively help you in achieving the foothold in your fresh market. We assure you your product expansion strategy expedition ahead will be entirely dissimilar and profitable.

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Effective Increment in Trends of Global Covid-19 Sample Collection Tools Market Outlook: Ken Research

 Today's technologies, facilitate testing on an impressively intensive kind of samples collected from the human flesh. The basic and essential sample needed for testing may be a blood sample. However, samples of saliva, sputum, urine, semen, feces and alternative bodily fluids and tissues can also be tested. Sample assortment sometimes takes place in an exceedingly testing laboratory collection centre where trained specimen collectors (phlebotomists) are working. The trained phlebotomists collect the samples by subsequent all safety precautions and utilizing sample collection tools like swabs, vials and rengent transport kits. For COVID-19, the sample are going to be collected in a viral transport medium (VTM) to manage the soundness of the sample & get transported in a cold chain. Further, the samples can also collect at hospitals and day clinics and even at home either self-collected or by domiciliary staff.

According to the study, ‘Global COVID-19 Sample Collection Tools Market is valued approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2020-2026’ categorical that there are some corporates that presently functioning a lot of successfully for dominant the foremost effective growth of the market and getting the productive competitive edge whereas acceptive the productive profitmaking that intervals throughout that and policies like joint ventures, mergers and acquisitions, partnership, merger and merchandise development includes 3M, Thermo Fisher Scientific, Puritan Medical Products, Laboratoire CCD, Becton, Dickinson and Company, Lucence, Medtronic, Copan Diagnostics, Biosigma, Apacor Ltd.. As an example, on 21 April 2020, the U.S. Food and Drug Administration (FDA) approved the primary diagnostic test with a home collection possibility for COVID-19. Significantly, the FDA republished the emergency use authorization (EUA) for the Laboratory Corporation of America (LabCorp) COVID-19 RT-PCR check to permit the testing of samples composed by patients at home utilizing LabCorp COVID-19 Test home collection kit. So, this factor is predicted to increase the demand of COVID-19 sample collection tools. Further, rising cases of COVID-19 in developed & developing economies, along with the favorable government initiatives are the few factors to blame for high CAGR of the market over the forecast period. In step with Vindobona organization, as of 21 April 2020, there have been around 2,471,930 confirmed cases of COVID-19 that are registered throughout the planet. However, limited availability of COVID-19 testing kits is one amongst the foremost major factors expected to hamper the expansion of the market over the forecast period of 2020-2026.

The regional investigation of global COVID-19 Antibody Detection Kits market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is anticipated to the foremost country across the world in terms of market share because of the increasing variety of Antibody Detection kits consumer within the region. While, North America is predicted to exhibit highest rate of growth/ CAGR over the forecast period 2020-2024.

Furthermore, as COVID-19 diagnostic testing continues to scale-up, many studies are being conducted to investigate totally different sample collection approaches that yield correct results. A research study found that saliva samples collected from patients with the infection give higher detection sensitivity and consistency than the widely-used nasopharyngeal approach. It was also determined that there was low variability in results obtained using saliva samples that is predicted to expand their penetration of this approach within the future. Thus, the Covid-19 Sample Collection Tools Market will increase in coming years.

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Industry structure of Catering Services in Qatar: Ken Research

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Catering players in Qatar have been in existence for more than 50 years. These companies were primarily established to provide meal services to the construction workforce, residing in camps. Further propelled by a high number of ex-pat workers, firms in Qatar started providing free meal services/food allowances to all their employees. Following this trend, end-user firms have entered into multi-year contracts with catering firms.

Throughout the vintage, ~30 players have entered the industry focusing on providing meals to all kind of end-users including event catering, construction/industrial, corporate, government, and healthcare clients. To build differentiation and establish a niche in a particular segment, firms such as Al Nawras Hospitality and Taste catering are focussing on ‘Event catering’ specifically while Compass Qatar has established its leadership in serving healthcare clients including Hamad Medical Corporation.

Similarly, Qatar Aircraft Catsssering Company (QACC) enjoys the monopoly of providing in-flight catering to all passengers commuting via Qatar Airways. During 2019, QACC served around 155,000 meals on a daily basis. Firms such as Zad Catering (part of Al-Jaber Group) were primarily set up to serve the employees of its 60+ affiliate companies and save the increased cost of outsourcing catering services to any other provider. Hotel based companies have also been providing ‘Outside Catering’ services dedicated majorly to serving VVIP, VIP guests.

Owing to high requirements and potential of earning super-normal profits (concentrated the structure among the top 10 domestic firms), many international players (headquartered elsewhere except Qatar) entered the industry. Such firms include Newest Gulf (part of Newrest International), Yemek Doha (leveraging its experience in Turkey), Compass Qatar (part of Compass Group), Sodexo Teyseer (49% ownership by Sodexo), Qatar Star Services (part of Kuwait based Mezzan Holdings) and others. These firms have also been able to gain popularity and on-board big clients; providing them with decent operating margins of >15%.

However, the imposition of blockade resulted in some firms exiting the industry such as Karam Services, Manhal Trading, La Villa Food & Catering, etc. The woes were augmented due to the economic downturn caused by COVID-19 resulting in firms such as Dunes Catering filing for bankruptcy and on-going serious discussions of the potential takeover of Amwaj.

The industry experienced a decent growth rate of 3.2% (compounded annually) during 2015-19, serving ~1 Mn meals daily in 2019, which is further expected to grow at a CAGR of 5.7% during 2019-24E.

While industry is preparing itself to serve the increased requirements of FIFA Football World Cup in 2022, analysts at Ken Research note that incumbents must resort to cost control, diversify their clientele across industries, and should maintain a target operating margin of ~10% to mitigate such disruptions.

Time Period Captured in the Report:-

Historical Period: 2015–2019

Forecast Period: 2020-2024

Key Topics Covered in the Report:-

Socio-Demographic Outlook of Qatar

Snapshot on Food & Beverage Industry

Catering Services Industry in Qatar (Market Size and Segmentation)

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

Overview of Global players with prior experience in organizing sporting events

Regulations and Certifications applicable to industry

Future Outlook of Industry – including the impact of COVID-19

Best Selling MENUSs – End-user segment-wise

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Jordan Catering Service Market Outlook to 2022 - By Type of Catering (Event Catering, Government/Defense Catering, Industrial Catering, Airline Catering, School Catering and Hospital Catering)

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Qatar Catering Services Industry Outlook to 2024: Ken Research

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The publication titled ‘Qatar Catering Services Industry Outlook to 2024 (Third Edition) – Analyzing the potential of incumbents to host World Cup 2022’ undertakes an analysis of the domestic catering players, International firms, and Hotel based catering firms operating in Qatar across various operational and financial parameters, existing clientele, and their readiness to serve massive requirements posed by FWC in 2022.

The high ex-pat population coupled with a boom in construction activities has resulted in an uptake of catering services led by industrial (construction) camps over the last 5 years. The trend witnessed upheavals owing to the downturn caused by COVID-19 but is expected to re-gain pre-COVID-19 levels by Q2 2021. Furthermore, the FIFA Football World Cup 2022 is being organized in Qatar, leading to a massive spike and increased adoption of catering services.

What is the socio-demographic outlook of Qatar with respect to F&B Industry?

With a 60% young population, QAR 200,000 annual per capita national disposable income and ~2 Mn tourist arrivals in 2019 have resulted in the growth of the F&B industry, valued at QAR 8.6 Bn in 2019. The recent trends of online food delivery and cloud kitchens are gaining momentum as ex-pat young population prefers dining out compared to cooking at home frequently.

What is the status of Catering services Industry in Qatar?

50+ years in vintage, the industry has witnessed the entry and exit of many players. To date, there are 20+ vertical players operating in the industry. The majority of the firms were set up during the 2000-10 decade owing to the boom in construction activities. At end of 2019, the industry was serving ~1Mn meals per day; majorly to industrial and government clients. While some players cater to every type of end-user, some players have positioned themselves on specific segments such as event catering, catering to healthcare sectors, etc.

What is the competition scenario of the industry?

The moderately concentrated industry with top tier firms (supplying >50,000 meals per day) constituting 72% of the industry size. Major firms include Shaqab, Yemek Doha, Qatar Star Services, Integral Food Services, Compass Qatar, Sodexo Teyseer, etc. Firms are generally competing for basis the scope of services being provided (Facility Management Services), food quality certifications, logistics, and delivery management, MENUs and cuisines offered, etc.

Impact of COVID-19 on Industry

Catering services are largely dependent on ex-pat the population engaged in the industrial and corporate sectors. While most of the ex-pats returned to their home country, a decrease in an annual number of events being hosted, restriction on tourism, and non-operational flights led to a decline in meals served on a daily basis. However, with the opening up of cities and relaxed restrictions, the industry is gradually approaching the pre-Covid levels. It is expected that FY’2020 would experience a slight decline with pre-COVID levels being achievable by Q2 2021.

How are firms gearing up for FIFA Football World Cup?

Incumbents are considering the Football World Cup event as a tipping point for their operational performance and global recognition. To avoid losing out the business to international players, incumbents are undertaking capacity expansion plans, re-branding their firm, opening restaurants aimed at tapping individual customers, diversifying their MENUs, and partnering with international firms. It would be interesting to watch how companies position themselves while applying for the tender process.

Time Period Captured in the Report:-

Historical Period: 2015–2019

Forecast Period: 2020-2024

Key Topics Covered in the Report:-

Socio-Demographic Outlook of Qatar

Snapshot on Food & Beverage Industry

Catering Services Industry in Qatar (Market Size and Segmentation)

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

Overview of Global players with prior experience in organizing sporting events

Regulations and Certifications applicable to industry

Future Outlook of Industry – including impact of COVID-19

Best Selling MENUSs – End user segment wise

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

Qatar Catering Services Industry Growth

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Jordan Catering Service Market Outlook to 2022 - By Type of Catering (Event Catering, Government/Defense Catering, Industrial Catering, Airline Catering, School Catering and Hospital 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)

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Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249