The Market Size of the Cardiac Pacemaker Market in Asia - Research Report 2019

Asia Pacific Cardiac Pacemaker Market Outlook to 2019 - Rise in Cardiac Disorders and Growing Awareness among People to Drive the Demand provides a comprehensive analysis of cardiac pacemaker market in Asia. The report covers various aspects such as market size of cardiac pacemaker market, segmentation on the basis of therapeutic specification, implantability, number of chambers, and volume of exports and imports for cardiac pacemakers. The report is useful for pharmaceuticals companies, retail chains, consultants, healthcare professionals and new players venturing in the market. The market is dominated by few global players including Medtronic, Biotronik, Boston scientific and others.

Asia Pacific Region

Asia Pacific Cardiac Pacemaker Market

The cardiac pacemaker market in Asia Pacific is driven by rising demand and investment level of government, registered revenues of USD ~ million in 2014. With the advent of new cardiac pacemaker manufacturers in the industry, the revenues increased by 11.8% compared to 2013 where the total revenues were USD ~ million. Each segment in the cardiac pacemaker market is subject to a gamut of different factors such as prevalence rate of cardiac disorders, price cuts and number of players in the market plays an important role in determining their respective revenues. The cardiac pacemaker market of Asia has grown at a CAGR of 12.4% from USD ~ million in’2009 to USD ~ million in 2014. In more developed markets of Asia-Pacific region, including countries such as Japan and China, the offerings from the market players are expected to be diverse, focused mainly on customized demands. Additionally, the market is predicted to witness expansion in terms of the new and innovative pacemakers because of rising cardiac related incidences and growing awareness. The Asia-Pacific cardiac pacemaker market is expected to grow at a CAGR of 15.2% from 2014-2019 on account of increasing affluence of consumers towards healthy lifestyles and treatment of cardiac disorders in the recent years.

The Asia cardiac pacemaker market is comprised of global manufacturers that specialize in designing, manufacturing of their products. Global market revenues of Medtronic from sale of anti-cancer drugs have increased noticeably to USD ~ million in 2014, making it the largest player in cardiac pacemaker space. Biotronik was the second largest player in 2014. An inclination in the death rates of cardiac patients due lack of proper treatment provides and a huge opportunity to pharmaceutical companies to deliver effective pacemaker products in the market and thus contributing to higher revenue of cardiac pacemaker market.

The market for Cardiac pacemaker in Asia-Pacific is changing at a rapid rate. Furthermore, new upcoming pacemakers, investment by government on Healthcare as well as competitive pressures have been significantly changing the market.

India

The cardiac pacemaker market in India, which is driven by the development of new and innovative cardiac pacemakers, involving move from pacemakers with VVIR to MRI Pacemakers has registered revenues of INR ~ million in 2014. With the entry of new cardiac pacemaker manufacturers in the industry, the revenues increased by ~% compared to 2013 where the total revenues was INR ~ million. A major factor that has contributed to such a stupendous growth of this market is advances in technologies. Owing to this advancement in technology, the cardiac health issues are diagnosed much frequently and thus better treatment can be provided to the patients. The cardiac pacemaker market of India has grown at a CAGR of ~% from INR ~ million in 2009 to INR ~ million in 2014. The main competitors’ in India oncology space include Boston scientific, Medtronic and Medived Innovations amongst others. The India Cardiac pacemaker market is expected to grow at a CAGR of 18.5% from 2014-2019 due to greater influx of patients in cardiac care centers which has originated from rising awareness among the people about the right place for best treatment and will continue to escalate the growth of cardiac treatment in India.

China

China has witnessed continuous and substantial rise in frequency of cardiac cases as well as deaths caused by cardiac disorders. This rapid rise has been attributed to factors such as changing lifestyles and dietary patterns, increasing consumption of tobacco, heavy smoking and several other proximate causes. The revenue of cardiac pacemaker market in China increased by 13.1% compared to 2013 where the total revenues was USD ~ million. The market has grown at a CAGR of 20.8% from USD ~million in 2009 to USD ~ million in 2014. The China cardiac pacemaker has been anticipated to incline at a CAGR of 20.9% to USD ~ million in 2019.

Japan

The cardiac pacemaker market in Japan in the future is envisaged to augment at a CAGR of 13.0% during 2014-2019. The revenues are expected to reach USD ~ million by 2019. Japan cardiac pacemaker market revenues have inclined at a CAGR of 8.7% from USD ~ million in 2009 to USD ~ million in 2014. The cardiac pacemaker market in Japan has been primarily dominated by the internal pacemakers, which has commanded a massive share of ~% in the overall revenues of the cardiac pacemaker market during 2014. Japan cardiac pacemaker market in the outlook period, is likely to augment at a positive CAGR of 13.0% during 2014-2019, owing to consistent surging growth of cardiac disorders and innovations by these major players, coupled with enhancement in production capacity as well as extension in the coverage areas, towards newer states and expanding to newer geographies.

South Korea

South Korea’s has highly fragmented cardiac pacemaker market, where major proportion of the market being covered by global pharmaceutical companies and very less in hands of local pharmaceutical companies. The sales of pacemaker were registered as USD ~ million in 2009 which grew at a CAGR of 24.6% to reach USD ~ million in 2014.

Key Topics Covered in the Report:

• The market size of the cardiac pacemaker market in Asia
• The market size of the internal and external pacemaker in Asia cardiac pacemaker market.
• The market size of the local and global players in Asia cardiac pacemaker market.
• The market size of the India cardiac pacemaker, China cardiac pacemaker, Japan cardiac pacemaker market and South Korea cardiac pacemaker market.
• Market segmentation of the cardiac pacemaker on the basis of implantability, number of chambers and specifications
• SWOT and Porter Five force Analysis of India, China and Japan cardiac pacemaker market.
• Trends and Development in the Asia cardiac pacemaker market.
• Government Regulations in the India and China cardiac pacemaker market.
• Competitive landscape detailed company profiles and market share of the major manufacturers of cardiac pacemaker in Asia as well as India, China, Japan and others
• Macro Economic factors affecting India, China and Japan cardiac pacemaker market.
• Future outlook and projections of Asia cardiac pacemaker market on the basis of – geography.

Source: https://www.kenresearch.com/healthcare/medical-devices/asia-pacific-cardiac-pacemaker-research-report/655-91.html

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

Automotive Market Report: Used Car Sales Industry in India (2015-2020)

·         India Used Car Market is estimated to record around INR 1.5 billion revenues by FY’2020.

·         Future Growth of Used Car Market is expected to be led by emergence of web aggregators and rise in preferences towards used car

·         In the Used Car Market, the market has been dominated by Maruti True Value, while in the online used car market; Car Dekho has subjugated the online used car market.

Ken Research announced its latest publication on “India Used Car Market Outlook to 2020” which provides a comprehensive analysis of the used car sales in India through online and offline means. The report first analyzes the market of used car in detail, with major segmentation of distribution channels, marketing channels and by demand from major cities. On the competition front, market share of major players in the used car market with detailed company profile has been presented. On the other side, online used car market has been presented with a focus on the positioning of major online web aggregators in the market, with detailed company profile. The report also shed light on the market size of online used car market. The report also includes Macroeconomic factors which have been analyzed to determine the future prospects of the Industry. The report will help car dealers as well as online car web aggregators, car manufacturers, retailers, and other stakeholders to align their market centric strategies.

Used Car Market India

India’s used car market has been subject to several changes over the years due to the entrance of new players and as a result, there has been a shift in the way this market has been functioning. In other words, the used car market at present is more customer-oriented than it was a decade ago. Being more customer-oriented is also working in favor of the sellers which can be seen in the form of higher sales by volume and revenue generated in the recent years. The used cars market has also penetrated to the tier 2 and tier 3 cities and the market size in terms of revenue was INR ~ billion in FY’2015 and this value is expected to grow further in the next few years with the online players increasing their presence in the market and the changing outlook of the people towards second hand cars.

The online used car market has emerged as a result of the popularity of e-commerce not only in India but in almost every East Asian and South East Asian country. Electronic or e-commerce consists of all those commercial activities which are conducted by the use of computer network and that of information technology such as Electronic Data Interchange (EDI) and it basically involves the buying and selling of goods and services over the World Wide Web (www).

According to the research report, the used car market will grow at a considerable CAGR rate to reach INR 1.5 billion by 2020 due to the increasing number of car dealers and preferences for used cars in India.

“Easy access to high-speed internet and therefore, availability of nearly perfect information about the used cars has also led to a decline in the ‘search costs’ for the buyer, which is the main reason why people are increasingly willing to buy or sell cars on the web”, according to the Research Associate, Ken Research.

Key Topics Covered in the Report:

Used Car Market

-          Market Size by Value, Volume

-          Market Segmentation by

o   Organizational Structure

o   Types of Cars

o   Distribution Channels

o   Marketing Channels

o   Major Cities

-          Trends and Development

-          SWOT

-          Competition and Market Share

-          Growth Drivers

-          Future Outlook

-          Macro Economic Parameters

Online Used Car Market

-          Market Size by Value

-          Business Model

-          Consumer Profiles

-          Market Share of Online Used Car Web Aggregators (Carwale.com, Cartrade.com, Cardekho.com, Zigwheels.com, Olx, Quikr)

-          Future Outlook

Key Products Mentioned in the Report

Used Car

Online Auto Portals

Companies Covered in the Report

Used Car Players:

·         Maruti True Value

·         Tata Motors

·         Mahindra First Choice

·         Hyundai Advantage

·         Honda Auto Terrace

Online Used Car Players:

·         Car Wale.com

·         Car Trade.com

·         Car Dekho.com

·         Zig wheels. Com

·         Olx

·         Quikr

Related Reports:

The US Used Car Market Outlook 2016 - Driven by Late Model Used Cars

India Car Rental Market Outlook to 2019 - Rising Online Booking to Drive the Future Growth

Source: https://www.kenresearch.com/automotive-transporation-and-warehousing/automotive-and-automotive-components/india-used-car-2015-edition/3-547.html

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

Spices Market is expected to reach USD 18 Billion by 2020 - Ken Research

·         Future Growth of Spices Products is expected to be led by branded spices and spice mixes.

·         The market leader, MDH spices is expected to maintain focus on Emerging Markets and global brands  to compete with other players in the industry

Ken Research announced its latest publication on “India Spice and Spice Mixes Market Outlook to 2020” which provides a comprehensive analysis of the spices and spices products in India. The report covers various aspects such as market size of overall India Spices market, segmentation on the basis of chilly, garlic, ginger, turmeric and coriander and volume of exports and imports for spices products. The report also provides a snapshot on the Spice mix market in India. The market is presented by ongoing trends and developments, SWOT analysis and growth drivers. The competition in spice market is comprehensively been presented with a focus on market share of major players coupled with their detailed company profile. In addition, the report also showcases the investment required to start a spice processing plant in India, with the future outlook of the overall Industry. The report is useful for spice manufacturers, wholesalers of spices, retail chains, spices machinery manufacturers and new players venturing in the market.

India Spice Market

The spices market in the India has witnessed a growth in recent years on account of rising demand for spices fueled by expansion in spice mixes. The surge in growth is majorly originated from growth in chilly and turmeric as a segment of spice market. The growth in this segment has been largely led by the domestic factors such as increase in the area under cultivation and increasing demand from international markets. 

Unorganized segment has been dominating the spices market in India for the last many years. The market share of unorganized segment ~% in FY’2015. The dominance of the unorganized segment in spices market in India can be attributed to the presence of huge number of local players selling open and unbranded products in the market. However, the spices market in India is comprised of large companies such as Everest, MDH, MTR, Ramdev, Catch spices and Spice Board of India which posses a large product portfolio of Spices products. The India spice market revenues have grown at a CAGR of ~% from 2010-2015.

According to the research report, the India spice market will grow at a considerable CAGR rate thus exceeding USD 18 billion by 2020 due to the increasing proportion working class population and rising number of spice parks.

“While rising disposable incomes, boom in infant population and an increase in the preferences will result in increased spending on spices products in the India, volatility in global spices product prices and quality are few of the major challenges which will affect the growth of this industry in the future”, according to the Research Associate, Ken Research.

Key Topics Covered in the Report:

Spice Market

-          Market Size by Production, Consumption and Revenue

-          Market Segmentation by

o   Organized/Unorganized

o   Regional Production

o   Organic and Inorganic Spices

o   Urban and Rural Consumption

o   Type of Spices

-          External Trade Scenario of Spices

-          Snapshot on Spice Mix Market

-          Trends and Development

-          SWOT

-          Investment Model

-          Competition and Market Share

-          Growth Drivers

-          Future Outlook

-          Macro Economic Parameters

Key Products Mentioned in the Report

Chillies

Ginger

Turmeric

Garlic

Coriander

Cumin

Tamarind

Fennel

Fenugreek

Pepper

Cardamom

Ajwain

Cinnamon

Clove

Companies Covered in the Report

Everest

MDH

MTR

Catch Salt and Spices

Ramdev Spices

Related Reports:

India Protected Cultivation Industry Outlook to 2017 - Government Initiatives Paving the Way for Future Growth

Tanzania Spice Industry Outlook to 2018 - Driven by Local Association Endeavors and Organic Farming

India Organic Food and Beverages Outlook to 2019 - Growing Potential of Online Retailers to Steer Growth

Source: https://www.kenresearch.com/food-beverage-and-tobacco/general-food/india-spice-spice-mix-market-research-report/11-314.html

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

Middle East Real Estate Market Revenues Have Augmented At A CAGR Of 4.7% During 2009-2014

The Middle Eastreal estate industry is one of the fastest growing sectors across the world. Foreign real estate developers have infused billions of dollars into places such as Oman, Qatar, Dubai, Saudi Arabia and other countries in Middle East region, which has pushed the growth of this market. The real estate market in Middle East encompasses the activities related to the real estate development including management, trading, rentals and leasing in the regions of United Arab Emirates (UAE), Saudi Arabia, Egypt, Kuwait, Qatar, Jordan, Bahrain and Oman in residential, office/commercial, retail (shopping malls and complexes) and hospitality (hotels and resorts) segments.

Real Estate Market Middle East

UAE real estate market has been one amongst the major real estate market throughout Middle East countries. However, the real estate market of UAE was perhaps one of the most affected economies in the Middle East during the global economic slowdown in 2008. However, the market in Dubai has entered into the recovery phase in 2010 with a decline in the rental rates. On the other hand, Abu Dhabi’s real estate market has continued to feel the pressure with an oversupply of office spaces and declining rates in the neighbouring cities such as Dubai. The property markets for both Dubai and Abu Dhabi have experienced even larger amounts of volatility over the last couple of years in comparison to their neighbours. This is because both countries were seeking ways to diversify their economy away from oil.

The real estatemarket in Saudi Arabia has shown a positive growth in the recent past however prices or rental rates of residential properties remain comparatively higher than the other regions in the Middle East. This has been attributed by the shortfall in the supply of residential properties and rapidly rising demand from young domestic population.

On the other side, the real estate market in Egypt has stabilized itself in 2010-2011 with majority of demand emanated through young domestic population. In addition, the real estate market in Egypt has entered a quick recovery phase in 2009 due to the booming domestic economy and increasing development activities, along with higher investment inflows. This as a result, has augmented the real estate market of Egypt, and is likely to follow the same growth trend in the coming years.

Kuwait conversely has experienced a slowdown in the price of real estate during 2008 and into early 2009. The severity of the drop was as deep as in other countries throughout the region. This is because the country’s real estate sector is the second largest contributor to economic growth behind oil. As a result, asset prices in Middle East region has dropped between 25 to 50%, depending upon the asset class.

Qatar’s real estate market has experienced extreme boom and bust cycles as experienced in 2009 with no more than 10%. This is significant because it has highlighted how Qatar has been through a similar situation as the United Arab Emirates. The property market in Jordan has faced similar challenges as other real estate markets throughout the Middle East regions where prices have dropped between 10% and 15% since the peak in 2008. The property market in Bahrain has been affected severely by the global property markets as prices have dropped by 37% since peaking. The luxury property markets were hardest hit as investors canceled orders on a variety of construction projects.

Overall, the real estate market in the Middle East has entered a correction phase in the year 2010 with a major portion of demand inflow from the residential segment. The demand is primarily generated by the low and medium income segment of the population and therefore the developers were focusing towards building affordable and economic housing properties to cater to their requirement.

For more information on the market research report please refer to the below mentioned link:

Source: https://www.kenresearch.com/mining-construction-infrastructure/real-estate-industry/middle-east-real-estate-market-research-report/637-97.html

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

Africa Accounted For Nearly 70% Of The World’s Active Mobile Money Customers In 2013

Mobile money is an emerging concept in the global market which represents a profitable opportunity with a massive social impact by allowing customers to access services which can help them to effectively manage their day to day routines. It also presents crucial commercial prospects for the companies to pursue this strategy as the prospective channel for establishing direct connection with the customers and achieve future growth.

Global Mobile Money Market

The prime benefits of usage of mobile money include lower costs, faster speeds and ease of accessibility. This is of crucial importance in the third world countries, where technology sublimation has fostered a rather well-built mobile infrastructure and services have witnessed immense traction in the number of users. The development of various mobile financial services including mobile insurance, mobile credit and savings has enabled service providers to extend their reach of the product offerings through alternate channels. The mobile insurance industry has been gaining foothold in the recent years, supported by the involvement of specialist intermediaries, which have created commercial and partnership models which have been accelerating product launches.

In 2009, Asia Pacific accounted for the highest number of mobile payment users worldwide, followed by Europe and North America. Consequently, the region also noted the highest share in the transactions being operated through mobile devices, which was registered at 71.2% in 2009.

The value of the mobile money transactions in North America has expanded at a CAGR of 35.8%. North America mobile payment market is extremely fragmented and cumbersome, featured with technological splits and battling business models.

Europe registered a share of 6.7% in global mobile money transitions, as observed in 2009, which has fell down to only 1.1%. The estimated value of transactions processed via mobiles in Europe was registered at USD 51.2 billion.

The Latin American mobile payments industry has increased at a decent pace over the period of 2009-2013, however it is expected to witness brisk growth in the coming years, with increasing efforts of operators and banks to extend their offerings, banking upon the technology of mobile payments. The mobile payment market has gained the support of the government in various economies, with the region witnessing increasing number of collaboration of MNOs and financial institutions to roll out services across different countries.

Middle East has witnessed a steady growth in the adoption of mobile payment services over the course of 2009-2014. However, the user base is still very low as compared to other regions with only 2,140.0 thousand people using mobile payment services in 2013. However, factors such as large number of migrants, transient workers and swiftly growing mobile user base have been paving the way for growth of mobile payments market in the Middle East region. The total value of transactions processed in this region in 2014 has grown at cumulative annual growth rate of 57.9% over the period of 2009-2014.

For more information on the market research report please refer to the below mentioned link:

Source: https://www.kenresearch.com/banking-financial-service-insurance/financial-services/global-mobile-money-market-research-report/630-93.html

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

China Dominated The Asian Online Jewellery Market In 2014 By Generating Revenue Over USD 4,000 Million

China has accounted its first position in terms of online jewellery sales in Asia during 2014. The Chinese market has grown at a brisk pace primarily due to rapid economic expansion in Tier 2 and Tier 3 cities. Additionally, the relatively lower number of traditional retail stores in these cities has given rise to online jewellery sales. The Chinese online Jewellery market has been segmented on the basis of types of metals being purchases online which incorporate gold, diamond, platinum, colored gemstone and silver. The Chinese online jewellery market was dominated by sales of Gold jewellery in terms of number of items sold.

Online Jewellery Market

Japan held the third position in terms of revenue generated from online jewellery sales. Despite having a mature e-commerce market, the Japanese online jewellery market has displayed slow growth. The small size of the Japanese online jewellery market can be attributed to slow economic growth coupled with few online jewellery retailers in the country.

In India, the market was incepted in the year 2011 due to slow internet penetration. Singapore and Indonesia have accounted for a minute proportion of overall revenue generated from online jewellery sales in Asia during 2011.

India OnlineJewellery market has been segmented on the basis of types of metals which generally remain in demand namely Gold, Silver, Diamond, Platinum and others. The Indian online jewellery market is dominated by Diamond and Gemstone solitaires in terms of revenue. This is primarily due to the fact that prices of rough solitaires fell by 6-7% in 2014.

The Asian Online jewellery market has been steadily grown since its inception. Online jewellery sales in Asia were amounted to USD 1,117.0 million in 2011. Over the years, China has been regarded as the highest contributor to revenue from online jewellery sales in Asia. China’s contribution to jewellery sales revenue was significantly higher relative to all other Asian countries. It was followed by Japan, which has a well established e-commerce market.

Asia online jewellery market is poised to grow at a noteworthy growth rate in the outlook period 2015-2019. The consumer demand for jewellery which was dampened in the past due to global recession has revived to grow at a substantial growth rate. However, the online jewellery industry is highly dynamic due to constant changes which took place in the e-commerce market. Thus, online retailers have to be conscious towards latest trends and developments which have taken place in the industry. The Asian market is dominated by unbranded jewellery.

For more information on the market research report please refer to the below mentioned link:

https://www.kenresearch.com/consumer-products-and-retail/global-luxury-goods-market/asia-online-jewellery-market-research-report/634-95.html

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

The Payment Industry in India Ranks Fifth Amongst The Asian Countries With Revenues Expected To Grow At 17.0% CAGR

In India, 60.0% of total online payments were made from top metropolitan cities such as Delhi, Mumbai, Kolkata and Chennai in FY’2014. Additionally, cities such as Bangalore, Hyderabad, Ahmedabad and Pune accounted for 25.0% of total online payments made in FY’2014.

Bill Payment Market

The M-Wallet market in India is segmented by open loop, closed loop and semi-closed mobile wallets. Mobile wallets in the country presently can be issued by banks or non-bank entities which have been certified by the RBI. Wallets issued by the banks provide higher benefits such as a higher fund transfer limit and cash withdrawals through ATM. Semi-closed loop is a prepaid wallet offered primarily by the non-bank entities as licensed prepaid instrument issuers. The cash-out or cash withdrawal facility is not allowed in this model.

M-POS system in India has been a relatively new concept originated few years back. The M-POS technology which allows customer transaction to be carried out by a portable mobile device has made a significant impact on the Indian market in a short duration. The impact of M-POS in India has majorly resulted due to the flexibility and high functionality that the system offers.

The bill payment market structure in India is complex and diverse and comprises of a large number of national, regional, private and state owned entities. In the bills paid through the electronic payments infrastructure, bank account funding has the largest share followed by cards and the ECS (Electronic Clearing Service). A large proportion of the bill payments in the country are done at the biller’s location by walk-in customers. As a result, there lies a huge opportunity for an efficient bill payment system which can meet the demand for payments towards various bills such as insurance premium, utility payments, taxes, school fees and others.

A payment gateway tool authenticates online transactions by providing verification steps between various parties and related banks. It is basically an encrypted channel through which transaction must pass from in order to verify the credentials of the user. India has become a rising hub of technology with more and more number of industries moving to internet based processes. Businesses such as ecommerce, fund transfers, loan management and others have been establishing an online presence to reach a wider range of customers. This trend has been aggregated by the rapid advancement in technology in the country increasing business opportunities for entrepreneurs.

For more information on the market research report please refer to the below mentioned link:

https://www.kenresearch.com/banking-financial-service-insurance/financial-services/india-payment-services-market-research-report/625-93.html

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