Showing posts with label Market Forecast. Show all posts
Showing posts with label Market Forecast. Show all posts

Wednesday, February 14, 2024

Exploring the Dynamics of the Pet Market Trends, and Growth Drivers

 

Introduction

The pet industry is a vibrant and rapidly evolving sector, driven by the growing humanization of pets, changing consumer preferences, and technological advancements. This comprehensive exploration delves into various dimensions of the pet market, offering insights into market trends, challenges, growth drivers, and growth prospects shaping the global landscape of pet ownership and care.

Insights from Research Reports: Unveiling Market Dynamics

Pet Market Research reports play a crucial role in understanding the complexities of the pet market. These reports provide detailed analyses of market trends, consumer behavior, competitive landscapes, and growth drivers, offering stakeholders valuable insights to inform strategic decision-making. Recent studies indicate robust growth in the global pet market, driven by factors such as increasing pet ownership rates, rising disposable incomes, and growing awareness of pet health and wellness.

Market Outlook: Navigating Challenges and Opportunities

While the pet market presents significant growth opportunities, it also faces various challenges, including increasing competition, regulatory complexities, and supply chain disruptions. Additionally, shifting consumer preferences and concerns about sustainability and ethical sourcing are influencing purchasing decisions, requiring industry players to adapt and innovate to stay competitive.

Market Demand: Meeting the Needs of Pet Owners

The pet market demand is driven by strong demand for a wide range of products and services catering to the needs of pet owners. From pet food and accessories to healthcare and grooming services, there is a growing demand for high-quality products and personalized experiences that enhance the well-being and happiness of pets. Factors such as urbanization, lifestyle changes, and the human-animal bond are driving pet ownership rates and fueling demand for premium pet products and services.

Market Forecast: Projecting Future Growth

The pet market forecast is expected to continue its growth trajectory in the coming years, fueled by factors such as increasing pet humanization, rising pet ownership rates in emerging markets, and technological advancements in pet care products and services. Projections indicate that the Global Pet Market could grow to USD 270 billion by 2026, driven by strong demand across regions and product categories.

Pet Market Revenue

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Market Growth Drivers: Expanding Opportunities

Several growth drivers are expected to shape the future of the pet market. These include:

  1. Humanization of Pets: The growing trend of treating pets as family members is driving demand for premium pet products and services, including organic and natural pet food, luxury accessories, and personalized healthcare solutions.
  2. E-commerce Expansion: The rise of e-commerce platforms and online pet stores is providing pet owners with convenient access to a wide range of pet products and services, driving market growth and expanding market reach.
  3. Health and Wellness Focus: Increasing awareness of pet health and wellness is driving demand for specialized pet foods, supplements, and healthcare services aimed at promoting optimal pet health and longevity.
  4. Technological Innovations: Advances in pet technology, such as smart pet devices, wearable trackers, and telemedicine platforms, are revolutionizing pet care and enhancing the pet ownership experience, driving market growth and innovation.

Market Trends: Embracing Innovation and Sustainability

Trends in the pet market underscore the industry's commitment to innovation, sustainability, and responsible pet ownership. From eco-friendly products and packaging to personalized nutrition and wellness solutions, companies are leveraging technology and consumer insights to develop innovative offerings that cater to the evolving needs of pet owners.

Market Challenges: Addressing Key Concerns

Challenges such as regulatory compliance, supply chain disruptions, and changing consumer preferences pose significant hurdles for industry players. Moreover, the ongoing COVID-19 pandemic has impacted pet ownership patterns and purchasing behavior, prompting companies to rethink their strategies and adapt to the new normal.

Market Opportunities: Unlocking Growth Potential

Despite challenges, the pet market presents abundant opportunities for companies to innovate, differentiate, and expand their offerings. From tapping into niche segments such as pet health and wellness to leveraging digital platforms for marketing and distribution, there are various avenues for growth and value creation in the dynamic Pet Industry.

Conclusion

The pet market continues to evolve and expand, driven by changing consumer preferences, technological advancements, and societal trends. By staying abreast of market dynamics, embracing innovation, and addressing key challenges, industry stakeholders can unlock new opportunities for growth and contribute to the well-being and happiness of pets and their owners worldwide.

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Wednesday, January 2, 2019

Increase in Population Followed By Demand of Better Health Care Facilities to Drive Wound Care Product Market in Asia-Pacific Region: Ken Research

Asia-Pacific Wound Care Product Market
Wound care product is the dressings used for wound curing, decreasing scar formation, decreasing tissue loss, and facilitating homeostasis. It protects deeper matters from thermal damage (heat & cold), bacterial damage, mechanical damage (bumps & cuts), chemical damage (acids & bases), and ultraviolet radiation (sunlight) etc. Wound care products are of many types: wound care strips, surgical staples, hemostats, sutures, and adhesives & tissue sealants. It includes several therapy devices, for instance, oxygen & hyperbaric oxygen equipment; negative pressure wound therapy device (NPWT), cutting-edge wound therapy device and electrical stimulation devices. Some of the major wound care products include wound cleansers, bandages, adhesive removers, gauze & sponges, ointments & solutions, medicates wound dressings and tracheal care products etc.
Some of the key features are a moist healing environment, easy to use, flexibility, waterproof, highly absorbent and comfortable. Moreover, some of the major drawbacks are non-adherent and hard to eliminate. In addition, some of the side effects are rash, dizziness, swelling or itching (on face, tongue or throat) and trouble breathing.
According to study, “Asia-Pacific Wound Care Product Market (2018-2023)” some of the major companies that are currently working in the Asia-Pacific wound care product market are Medtronic Public Limited Company, Kinetic Concepts Inc., DattMediproducts, Acelity L.P. Inc., Sutures India, Baxter International, Convatec, KCI Medical, Smith and Nephew Plc., Monocycle Health Care., Beiersdorf, Teleflex Inc., BSN Medical, 3M Company, Johnson and Johnson Pvt. Ltd., Cova Tec, Coloplast Corporation.
The wound care products are classified into active wound care, moist wound dressings, and therapy devices. Active wound care is sub-segmented into growth factors and skin substitutes. The moist wound dressing is sub-segmented into hydrogels, foams, silver wound dressings, collagen, hydrocolloids, films, silver wound dressings, and alginate dressings. The therapy devices are sub-segmented into pressure relief devices, negative pressure wound therapy devices, and other devices.
The National Programme for Prevention of Burn Injuries (NPPBI) is accountable for construction of infrastructure, inhibition of burns and constructing manpower at different levels of health care provision system.
The Asia-Pacific wound care product is driven by increasing geriatric population, followed by raising awareness and increase in chronic wounds and ulcers with a large number of surgeries, rising medical tourism, growing middle class, increasing disposable income, the rapid rise in technological advancements and rising government initiatives towards prevention of injuries. Apart from the advantages price sensitivity is a major challenge followed by reluctance and acceptance of new technologies, expensive procedures and lack of proper reimbursement policies etc.
China is the major market of wound care product in the region owing to many government policies supporting the development of native advanced wound care product industrialists. In addition, India is the second largest market in the region due to increasing population & better living standards.
It is expected that the Asia Pacific wound care product market will be reached USD 3.4 billion, at a CAGR of 9.2 %, by 2023. In near future, it is estimated that new contributors will come in the prediction period will provide the economic support to the market for additional progression in the technology and to raise the efficiency of the wound care product.
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Friday, December 28, 2018

Increase in Business Strategies Followed by Rapid Rise in Businesses to Create Demand for Wound Care Product Market in Latin America: Ken Research

Latin America Wound Care Product Market
Wound care products are primarily flexible dressings used for supporting wound curing, and scratch formation, decreasing nerve loss and aiding the hemostasis. It also protects deeper substances from infectious damage, machine-driven damage (bumps & cuts), thermal damage (heat & cold), organic damage (acids & bases), and electromagnetic radiation (sunlight) etc. The major types of wound care products are defined by therapy devices, dressings, surgical wound care, and active wound care. Surgical wound care products are classified as tissue adhesives, glues, sealants, and sutures & staples.
According to study, “Latin America Wound Care Product Market (2018-2023)” the major companies that are operating in the Latin America wound care product market Integra Life Sciences Holdings Corporation, DeRoyal Industries Inc., Derma Sciences Inc., Medtronic plc., Hollister Incorporated, Oculus Innovative Sciences, Johnson & Johnson Pvt. Ltd., Organogenesis Inc., Acelity L.P.Inc., Mo-Sci Corporation, Coloplast Corporation, ConvaTec Plc., Molyncke Health Care, Smith and Nephew Plc. Companies assisted in the expertise of making wound care products to prove it as an operative for acquiring the share by the market growth in the anticipated period.
On the basis of wound healing therapy, the wound care product market is segmented into silver, keratinocyte, biological dressings, collagen, Biological Skin Equivalents (BSE), Intermittent Pneumatic Compression Therapy (IPCT), pressure relief devices, platelet-derived wound healing, Electromagnetic Therapy (EMT), Topical Oxygen Therapy (TOT), Negative Pressure Wound Therapy (NPWT), Hyperbaric Oxygen Therapy (HBOT), platelet-rich plasma and Ozone Oxygen Therapy (OOT). NPWTis one of the main therapy device, which is segmented into stand-alone NPWT, NPWT accessories or canisters, single-use disposable NPWT devices, and portable NPWT devices.
The based on the application market is fragmented into wound care product such as surgical wound, skin ulcers and burn wounds. Some of the major product types are advanced wound care, surgical wound care, and traditional wound care. Advanced wound care product is segmented into Hydrofiber, hydrogels, films, foams, superabsorbent, collagen, alginates, foams, wound contact layers and hydrocolloids. Traditional wound care products are classified as sponges, gauzes, abdominal pads, bandages and others. In addition based on services, the market is segmented into inpatient services and outpatient services.
The Latin America wound care product is mainly driven by increasing new business strategies, rapid rise in the technological advancements, rising middle-class people, government initiatives, growing adoption of products, increasing funding for wound care research, followed by rising incidence of hard-to-heal wounds, improved access to better healthcare, increasing awareness about cost-effective therapies. Apart from the advantages, some of the major challenges are the absence of personnel, an increasing number of acquisitions, and high costs & repayment issues. In addition, some of the new prospects include the potential application of stem cell therapy, emerging economies and the growing popularity of active wound care products.
Brazil is one of the biggest markets in the Latin America region owing to enormous opportunities for wound care product producers to boost their businesses. It is expected that Latin America wound care product market is expected to reach the US $2.4 billion, at a CAGR of 6.4 %, by 2023. In near future, it is estimated that the market is expected to grow fast due to increasing chronic diseases and increasing demand for combination dressings.
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Location: Latin America

Wednesday, December 26, 2018

Growing Landscape Of The Catheters Across The Globe Market Outlook: Ken Research

Micro Guide Catheters Market
The catheters are the thin tubes which are used as medical devices made of high graded materials. Moreover, these are inserted into the body for the treatment of numerous diseases or while functioning surgeries. This process is called as catheterization. They are used in the cure of diseases such as neurovascular, cardiovascular, urology and several others. Catheters are inserted into the body for the administration of numerous liquid medication of gas for the cure of diseases. Increasing preference towards minimally invasive surgical procedures, technological advancements in over-the-wire micro-guide catheters, a growing number of patients suffering from cardiac and neurovascular disorders are the major drivers which lead the market grew more significantly across the globe in the forecasted period. While with the growth drivers the market is having few restraints which hinder the market growth such as the risk of infections may hinder the market and lack of skilled physicians. Whereas, for removing the restraints the market key players are adopting the market opportunities such as an increase in research and innovations and several others further which proved to be beneficial for acquiring the huge market share and leading the fastest growth across the globe in the near future.
According to the report analysis, ‘Global Over-the-wire Micro-Guide Catheter Market Research Report - Forecast to 2023’ states that some of the major companies which are recently functioning in this market more actively for acquiring the huge market share by doing more innovations and developments includes ASAHI INTECC Company Limited, Boston Scientific Corporation, Cook Medical, Medtronic plc., Merit Medical Systems Inc., Integer Holdings Corporation, Terumo Europe N.V., Penumbra Inc, Koninklijke Philips N.V, Cardinal Health, Teleflex Incorporated, DePuy Synthes, Enki – Microtubes and several others. Moreover, the introduction of catheters has completely changed the cure scenario of many surgeries such as cardiac surgery and many others. The minimally invasive cardiac surgery can be less troublemaking and distressing for the human body, making it predominantly beneficial in elderly patients who are at an increased risk of surgical complications.
According to the American Heart Association and Stroke Statistics (2017), about 92.1 million American adults are existing with cardiovascular diseases and strokes, and cardiovascular diseases are the main reasons of death across the globe which accounted for 17.9 million deaths per years in 2015. Moreover, the global over-the-wire micro-guide catheter market is split based on the end-user and applications. Whereas, based on the end-user, the market is segmented into clinics and hospitals, research and academic institutes and ambulatory surgical centers. Furthermore, the global over-the-wire micro-guide catheter market was worth at USD 102.6 million in 2017 and is predicted to account a CAGR of 9.4% over the forecast period. Not only has this, based on the application, but the cardiovascular sector also registered for the main market share of 58.1% and was worth at USD 59.6 million in the last years that is 2017. Furthermore, it is expected that in the near future the market of the over-the-wire micro-guide catheter will increase more actively over the recent few years with the more investment by the new entrants in the innovations and developments.
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Location: India

Monday, December 17, 2018

Landscape Of The China Conjugate Vaccine Market Outlook: Ken Research

Conjugate Vaccine Market in China
The conjugate vaccine is a type of vaccine that comprises a bacterial capsular polysaccharide, committed to a protein to improve immunogenicity and safeguard against invasive diseases. Moreover, conjugate vaccines association a weak antigen with a strong antigen so that the immune system has a stronger response to the weak antigen. Vaccines are used to avert diseases by appealing an immune response to an antigen, the foreign part of a bacteria or virus that the immune system distinguishes. The conjugate vaccine is frequently proficient with a diminished or dead version of a pathogenic bacterium or virus in the vaccine so that the immune system can distinguish the antigen later in life. Whereas, as many of the vaccines encompass a single antigen that the body will identify. In addition, the key players of this region are playing an effective role by doing significant developments in the technology and acquiring the huge market share which further becomes profitable for leading the fastest growth in the forecasted period.
According to the report analysis, ‘China Conjugate Vaccine Market (2018-2023)’ states that some of the major companies which are recently functioning in this market more actively for leading the handsome amount of share by doing significant development in the treatment of doing vaccines with the effective technologies includes GlaxoSmithKline, Pfizer Inc., Merck & Co., Novartis, Sanofi Pasteur, CSL Limited, Bharat Biotech, Biological E. Limited, Serum Institute of China and several others. Moreover, all Expanded Program on Immunization (EPI) vaccines (includes polio, tuberculosis and diphtheria-tetanus-pertussis (DTP), meningococcal, rubella, mumps, Japanese encephalitis, and hepatitis A and B) in China are free and mandatory for school admissions. In China, the immunization clinic also offers non-EPI vaccines to children but for a fee (and are not covered by insurance programs), concerning influenza, Haemophilus influenza type B (Hib), varicella, pneumococcal vaccines, varicella and rotavirus, and several others.
On the basis of disease indication, the market is split into Meningococcal, Diphtheria-tetanus-pertussis, Pneumococcal, Haemophilus influenza type B and several others. Not only has this, with the end user phase the market is segmented into Adult and Paediatric. Whereas, China is predicted to be an effective market for conjugate vaccines during the near future. Extensively increasing geriatric population, growth in consumer awareness, rising disposable income and healthcare expenditure, modernization of healthcare infrastructure and a rising medical tourism industry will operate the growth of the conjugated vaccines market in China.  According to the United Nations, China is aging more speedily than almost any country in the present history. For adult vaccines, this acts as a key driver, due to more requirements by the geriatric populace. Since the toll of pneumococcal disease in China in massive, pneumococcal vaccination could develop children’s health and protect lives and is, therefore, a prime selection for attachment in the EPI schedule. The conjugate vaccine market in China is predicted to have significantly high growth. Moreover, this region spent marvelous resources on the eradication of measles, but such eradication efforts should be collected with other immunization initiatives, such as educating caregivers about the benefits of other vaccines. In addition, it is expected that the market of conjugate vaccine in China will increase more actively in the near future.
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Thursday, December 13, 2018

Germany to Add Significant Wind Capacity Installations: Ken Research

Wind Power Market in Germany
Wind is converted into wind power and used as a medium of electricity. It depends on the amount of air, speed of air and mass of air. It can create substantial energy to replace the non-renewable fossil fuel energy sources that create pollution and destroy the landscape and atmosphere. The process of wind energy conversion is completed by wind turbines, wind pumps, and windmills. One wind turbine can give power up to 500 homes. Wind turbines have the ability to be located offshore and send energy back to land.
It’s a good source of electricity because it is a renewable source. Wind power generation in the country partly balanced out by solar installations. It is mainly of two types: onshore wind power and offshore wind power. Onshore wind power is a central pillar of Germany’s transition to low-carbon energy generation: it gives insight into the industry’s most important actors, financial support of the technology. Offshore wind power is used for wind farms constructed in bodies of water, usually in the ocean on the continental shelf, to harvest wind energy to generate electricity. Bard Offshore 1 is the country’s largest offshore wind farm with 400 MW capacities.
According to report, “Wind Power in Germany, Market Outlook to 2030, Update 2018 - Capacity, Generation, Investment Trends, Regulations and Company Profiles” some of the major companies that are currently working in the wind power in Germany are Windl and Energieer zeugungs GmbH, Vattenfall AB, RWE AG, Ocean Breeze GmbH & Co. KG, EWE Aktiengesellschaft, ENOVA Energieanlagen GmbH, ENERTRAG Aktiengesellschaft, E.ON SE, Allianz Capital Partners GmbH.
Some advantages of wind power are environmentally friendly, unlimited and cleanest form of energy etc. Some disadvantages of wind power are inconsistency, produce noise pollution an impact on local wildlife, difficult to install & maintain etc.
Recently country's wind power electricity generation is dropped due to falling wholesale power prices with potentially adverse effects for the industry. Therefore Germany’s Federal Network Agency rated the country’s coastal regions and hinterland as a “grid expansion area" due to the high concentration of wind power in northern states, where new wind power installations will be capped at about 60 % of previous levels in order to make leeway for lagging grid expansion. By this process, turbine efficiency will be increased.
In 2018, installing onshore wind power capacity is only 1,600 MW. In addition, the offshore wind energy will be expanded to reach 6.5 GW by 2020 and 15 GW by 2030. As well as combined wind, solar, biomass and hydroelectric power output hit a record 104 billion kilowatt hours. The country's federal government capped support to an annual onshore expansion capacity of 2,800 Mw until 2019 and decided to slowly expand this “expansion corridor” over the following years. It is also expected that the cover rate of current electricity consumption with wind energy will be 40% by 2030. The German government’s aim is to bring wind power capacity up to 15,000 MW by 2030. The use of wind power is increasing so quickly that it is estimated that by 2050 wind power will account for 1/3rd of the energy produced on the earth. In the upcoming years, for increasing efficiency and practicality of turbines, the wind turbine design will be changed, from blade to bladeless. These designs may be looping and mixer-ejector wind turbine (MEWT). Loop wing requires a very low wind speed to start- the only 1.6mph. The MEWT design creates a low-pressure area within the turbine to suck in even more wind and generate more energy, making it more efficient than traditional wind turbines.
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Location: Germany

Collaborative Industrial Robots are Mandatory within all the Global Electrical & Electronics Industries: Ken Research

Industrial Robots for Electrical Market.
Industrial robots play a crucial part in the manufacturing industries around the globe. It was estimated that the number of robots supplied to factories around the world is increasing drastically because the latest robots are embedded with advanced technical knowledge to upshot precision, intelligence, and endless energy levels. This factor makes the robots perfect employees for a wide range of jobs around the globe which humans cannot afford to perform. Advanced technological developments within the automotive industry such as connected vehicles, autonomous vehicles, and electric cars are all driven by the electronics industry. Therefore, industrial robots are used extensively to produce electrical/ electronic parts for automobiles.
According to the study “Industrial Robots for Electrical & Electronics Industry: Global Market 2016-2022”, industrial robots deployed in electrical /electronics (E&E) industry are programmed to perform the task of assembling of electronic components and equipment. They are used across the entire production cycle starting from cutting metal housings to assembling miniature components on boards, applying sealants, adhesives buffing, polishing surfaces, perform quality inspections, packing and palletizing the finished electrical /electronic products. All the electronic assemblies require rapid, precise placement of miniature objects that are very fragile. Industrial robots can perform such multiple tasks in sequence such as mounting different types of components on a base plate. Newer industrial robots are equipped with advanced technology such as grippers, vision technologies, and force sensors so that robots can handle huge industrial productions, assembling processes and multiple finishing tasks. It was observed that the automotive sector was the largest industry that deployed robots over the past few years. However, according to global statistics, electrical /electronics (E&E) industry has dominated the automotive industry in deploying robots.
The major end-users of industrial robots within the electrical & electronics industry are for the manufacture of electronic components, telecommunication devices, electrical & electronics equipment, other products such as computers and office instrument. A number of industrial robots are deployed for the production of electronic components and is the largest category attracting more number of new installations. Geographically, global industrial robots for electrical and electronics industry is spread across the Americas, Asia-Pacific, EMEA and rest of the world. Industrialization in China, Japan, South Korea, Taiwan, and India accounts for the major contribution within the industrial robots market. The leading players within the global material handling robotics market are ABB, KUKA, Fanuc, Yaskawa, Toshiba Machine, Kawasaki Robotics, Adept Technology, Apex Automation and Robotics, Aurotek and Axium.
Industrialization in Asia coupled with increasing demand for automotive has accounted for a larger share in the sales of industrial robots with multiple operations. Vietnam is the second largest exporter of smartphones in the world and ranks seventh in the robot market. Expansion of electrical /electronics (E&E) industry in Malaysia accounts for more than half the global industrial robots sales market. Newly deployed robots share workspaces with employees in the electrical /electronics (E&E) industries. All the electrical /electronics (E&E) industries need to be equipped with collaborative robots for quick movement because product cycles often last for a few months. The increasing adoption of industrial robots in almost all electrical /electronics (E&E) industries has double over the recent years and this trend would continue over the next few years with the advent of more sophisticated robotics.
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Location: Japan

Wednesday, December 12, 2018

Use of Advanced Products to Drive the Wound Care in United States over the Forecast Period: Ken Research

US Wound Care Product Market
Wound care products constitute the most important part of the healthcare industry. These products are used for caring the wound heal, decrease tissue loss, minimizing scar formation and facilitating hemostasis. Majority the wound care products have advanced and traditional wound care products which are used for acute or chronic wounds. Chronic wounds generally take a longer time to heal and are expensive to treat. Nowadays the advanced wound care products have gradually replaced the traditional wound care products due to their efficacy and effectiveness in managing wounds by enabling faster healing of the wound.
Wound care products are widely classified to many types such as surgical staples, wound care strips, sutures, hemostats, and adhesives & tissue sealants. Moreover, the essential features of wound care products include performance, user-friendliness, quality, and durability.
According to study, “United States Wound Care Product Market (2018-2023)” some of the major companies that are currently working in the United States wound care market are Smith & Nephew, Molyncke Healthcare, Acelity L.P. Inc., 3M Company, LayerBio Inc, Organogenesis Inc., Ethicon Inc., DeRoyal Industries, Inc., Hill-Rom Holdings Inc., Derma Sciences Inc.,NovaBay Pharmaceuticals Inc., Leap Therapeutics Inc., Wound Care Technologies Inc., Alliqua Bio Medical Inc., Fidia Pharma USA Inc.
In the U.S., all wound care products are licensed or certified through Wound Ostomy and Continence Nurses Society (WOCN) board, the National Alliance of Wound Care, or the American Academy of Wound Management (AAWM). This certification or license is commonly employed by the Band-Aid brand.
On the basis of product type, the wound care product market is segmented into advanced wound care, wound therapy devices, surgical wound care, active wound care products, and traditional wound care. Advanced wound care includes foam dressings, advanced wound dressings, hydro cell foam dressings, alginate dressings, collagen dressings, hydrogel dressings, others. Surgical wound care includes staples, sutures, and glues. In the U.S. the reimbursement, schemes are good and well utilized by a practitioner, which makes it less labor intensive and cheap.
The demand of wound care product market is mainly rising due to an increase in the number of surgeries, increasing in aging population, rising in technological advancements, change in lifestyle and living, and rising in chronic wounds. To support the technological development key players have launched new advanced products across the region. In addition, some of the restraints factors include lack of proper reimbursement policies, expensive procedures, and reluctance in the acceptance of new technologies etc.
The U.S. Department of Health and Human Services is a national agency, associated with health care initiatives. Some of the major institutions providing health care services are The National Institutes of Health, Agency for Healthcare Research and Quality, Centers for Disease Control & Prevention and the Centers for Medicare & Medicaid Services (CMS). The developed countries like the United States are expected to continue to absorb a much larger share of total world wound management product demand. Moreover the increase in demand expected to support the advanced nature of medical delivery systems, widespread coverage of residents for essential patient treatment, and increasing preferences of medical providers for high value-added supplies and devices in the U.S.
The U.S. is the largest regional market of wound care product, in the world. It is expected that the United States wound care product market will register a significant growth over the forecast period.
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Location: United States

Tuesday, December 11, 2018

Advanced Technology in Industrial Robots Enhances Seamless Communication among Industrial Robots: Ken Research

Increasing demand for automation and rapid growth in industrialization fostered the use of industrial robots in food and beverages industries. Deployment of industrial robots in food & beverages industries for automating processes has led to increased efficiency, reduced human errors, and enhanced the safety of the workforce. Multiple functions are carried out by robotic arms, which reduce complexity and possibility of errors bolstering robots to deliver high-quality products and services. Therefore, the use of industrial robots helps in increasing the quality of products, enhances the capabilities of manual labor in terms of efficiency, provide better customer services, and efficiently manage processes.
According to the study “Industrial Robots for Food & Beverage Industry: Global Market 2016-2022”, it was estimated that the industrial robotics market in the food and beverage industry will experience a drastic growth over the next few years. Global population demand for clean and contamination-free production areas within food and beverage industries; thereby, driving the manufacturers to deploy industrial robots for better productivity. Japan, the US, South Korea, and Australia deploy industrial robots in huge numbers for their food and beverage companies. The world's first robotic rotary dairy was introduced in the year 2006 and since then, there has been an exponential increase in the adoption of robots in the global food and beverage industries. Palletizing segment in the food and beverage industries deploys industrial robots for automatic palletizing that increases the consistency in the loading and unloading process in the food and beverage industry. Palletizing industrial robots handle any objects such as bags, crates, drums, and cases.
Geographically, global industrial robots market for food and beverage industry is spread across the Americas, Asia-Pacific, EMEA and rest of the world. Industrialization in China, Japan, South Korea, Taiwan, and India accounts for the major contribution within the industrial robots market. The leading players within the global material handling robotics market are ABB, KUKA, Fanuc, Yaskawa, Toshiba Machine, Kawasaki Robotics, Adept Technology, Staubli International AG, Pari Robotics and Yamaha Robotics. Different types of robots are deployed based on the types of foods and beverages manufactured. Articulated robots, Cartesian robots, SCARA robots, cylindrical robots, delta robots, polar robots are the various types of robots deployed to perform multiple tasks. Robots within the food and beverage industry are utilized for palletizing, packaging, repacking, picking, placing, production, food processing. Dispensing and others large-scale processes.
With the advent of technological aspects such as Industrial Internet of Things (IIoT), artificial intelligence, and Big Data within the manufacturing facilities has ensured the establishment of seamless communication channels among various robotic machines deployed within an industry. These technological applications allow food manufacturers to monitor real-time operations, manage volumes or variants of foods manufactured and stored. Deploying industrial robots has encouraged connectivity between machines, industrial workers, and robots. The introduction of automation is essential to reduce labor-intensive production and packaging activities.
Food and beverages manufacturers have opted for advanced packaging operations to ensure seamless productivity, improved quality, and faster supply chains. Asia-Pacific is the largest revenue contributors within the industrial robotics market due to increasing preference of packaged food and the need for automation within food and beverages manufacturing facilities. Shortage of skilled labor due to rapid industrialization in developed and emerging economies in countries such as China, Japan, Germany, Russia, and France has propelled the deployment of numerous robots in various industrial operations. Robots are integrated with advanced technology which is one of the major factors driving the industrial robots market’s growth in recent years and will continue over the next few years.
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