Rail Network is Prime Focus of Construction Sector in Russia: Ken Research

Ken Research announced latest publication on, “Russia 2016 Construction Outlook: Growing Market with USD 300 Billion of Infrastructure Mega-Projects Pipeline”, offer insights on the changing trends and key issues within the Infrastructure and Construction industry in Russia. The analysis of the aforementioned trends has been done across main sectors: Real Estate; Transportation; Energy, Industrial & Utilities; and Social Infrastructure, within the industry with comprehensive overview of key sectors: Power sector, Railways sector and Real estate-Mixed Use sector.
Key Topics Covered in the Report

• Detailed profile of Infrastructure and Construction industry in Russia
• Overall, Regional and Sector wise analysis of Megaprojects spending in Russia
• Changing Dynamics, Opportunities and Challenges in the Russian Infrastructure industry
• Detailed coverage of ‘Project Financing’ and ‘Project Risks (Cost & Time overruns) & Returns’
• Comprehensive overview of Key sectors: Power sector, Railways sector & Mixed-use sector
• Competitive landscape of the Infrastructure and Construction industry in Russia
• Regulatory framework (including PPP growth) applicable toInfrastructure and Construction industry in Russia

Economic Environment of Russia
Russia is one of the most affluent mixed economy in the world. Vast natural resources are the key determinant of the Russian economy. It has abundant oil, natural gas and precious metals making up a major share of Russian exports and comprising about half of the Govt.’s revenue. This huge revenue helped Russia overcome the economic collapse of 1998and is also presently one of the key drivers of country’s growth. The Russian economy is characterised by significant state-control on key sectors of the economy. Large state-owned institutions hold strong influence over political and financial institutions; and distort the economy. From early 2014,, as a result of falling oil prices and economic sanctions from EU & US, the economy is in recession and expected to show recovery by 2017 (World bank).
Looking at the macroeconomic landscape, Russia is home to 143.7 million people. With GDP 1.178 trillion USD and GDP (PPP) 3.6 trillion USD, it is the fifteenth largest economy in the world as per nominal GDP and sixth largest as PPP. The sector wise contribution to GDP includes 59.7%, 36.3% and 4% by services, industry and agriculture respectively. Consumption and investment has expanded although with a declining rate. Surging inflationary pressure is a major cause of turbulence to macroeconomic stability. Russian govt. is not very welcoming to the external global world. FDI inflows amounts to just 21billion USD. Government’s import substitution policy aims at substituting imports with domestic goods restricts the inflow of foreign products as well as market players in the country.Exports have also shown impressive increase with Russian Exports value standing at 82.1 billion USD and dominated by petroleum products, natural gas and metals.
Brief Overview of the Construction Industry in Russia
Construction industry is the pillar of a country’s development and growth. Unfortunately, Russia has a struggling one. In 2015, the industry witnessed significant deterioration on account of declining construction activity due to weak economic growth, declining fixed capital investments, reduced oil & gas investments, currency depreciation, international sanctions, and declining oil prices. As a result, the country has consistently been placed low on the infrastructure quality by the Global Competitiveness Report. This has led to an immediate need to restore its deteriorating assets, build new ones and improve its global position. Russian Govt. has placed Infrastructure & Construction industry at the centre of the national policies and agendas, with the commitment of investing more than 1 trillion USD by 2020.
Despite strong growth of the Russian infrastructure industry since independence, the industry is still ranked low on the global platform. With some improvement in its global ranking to 74th position in 2015 from 101st in 2012; the country still lags behind in providing best infrastructure facilities.It has a decent power and railway network but inefficient infrastructure in transport and telecommunication sector. Primarily focussing on the power and railway sector, huge investments are committed by the govt. under various development & strategy programmes. Under ‘Energy Strategy 2030’ the govt. aims to double the electricity generation capacity by 2030. Russia has a megaprojects pipeline worth USD 300 billion. Similarly, to strengthen the railways, the backbone of Russian trade, govt. has announced few high speed rail projects costing more than USD 20 billion. Looking at strategic trends in Russian Megaprojects, investment in brownfield megaprojects have increased along with increasing average size of the megaprojects. Since most of these projects are public centric, hence are largely funded by state, with 60-70% of the fund coming from state budget. However, global crisis has forced the govt. to look for other financing options especially PPP. There has been a significant growth in PPP projects in Russia. As a result of low interest rates offered on loans, many foreign construction companies & domestic private companies have entered the industry. Apart from the govt. creating vast opportunities for the growth of the industry, it still faces challenges such as few stalled big projects with little progress due to delays in finding investors, also impacting the final cost and timely delivery of these projects.
Major Market Players in the Construction Industry in Russia
To reduce the burden of Govt. of financing megaprojects, private players are increasingly being attracted through various ways. From PPP projects to offering low interest rates on loans, govt. is trying hard to incentivise the private companies to enter the industry.
Some major market players in selected sectors of construction industry such as Power sector, Railway sector and Real estate sector include: RusHydro, ROSATOM, RUSAL, Interbering,  Russian Railways, Gazprom, Rosneft, Mitsubishi, Mitsui & Co, Shell, Eastern Energy Company, State Grid Corporation of China, Russia Ministry of Transport, Moscow Ring Railway, Saint Petersburg City Administration, Kaltchuga Capital Management SA, Rublyovo-Arkhangelskoye, CDS Group, Sibur, LukOil Company, Vnesheconombank, African Development Bank, KFW Development Bank, Clean Technology Fund, European Investment Bank, World Bank, SK Most, AO Institute Stroyproekt, Jsc Bamstroymekhanizatsia, VTB, Rosmorport, Uralkali, Suek, United Grain Corporation, Global Ports Investments Plc, Metalloinvest MC LLC, Sberbank, Power Construction Corporation of China, SUE Moscow Metro, Mosinzhproekt, CRCC, China International Fund Management, COMEX Holding,  Classic Group Ltd, RDI Group, DON Story Invest etc.
The weak performance of the industry over the last few years is expected to continue in 2016 as well with a slight further contraction of the construction industry on account of worsening business environment and capital outflows due to Russia-Ukraine conflict. However, the growth momentum will be steadily regained through expanding infrastructural construction over the coming years. Also, increased investment in brownfield projects are expected as the country focuses on improving its existing assets. Industry competitiveness is also anticipated to increase on account of influx of foreign and domestic players in the industry as a result of PPP and low interest rates on loans.
Some key factors that will be driving the growth of Russian Construction Industry in coming years include:

• Recognition of Infrastructure construction as a major contributing factor to country’s long term growth
• Huge investment by the govt. under various socio-economic development plans such as ‘Energy Strategy 2030’ and ‘Strategy for Developing Rail Transport in the Russian Federation to 2030’
• Rising disposable income boosting the residential construction in the country
• Fifa World Cup, 2018, expected to generate increased demand for infrastructure construction in related areas such as hospitality and transportation, along with attracting investment
• Growing number of PPP projects in Russia& low interest rates charged on loans

However, international sanctions and low oil prices will continue to challenge the growth of the Russian Construction Industry over next few years.
To know more on coverage, click on the link below:
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/russia-construction-outlook/38143-97.html
Related Reports:
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/vietnam-construction-outlook/38145-97.html
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/saudi-arabia-construction-outlook/38144-97.html
 Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

Rising Infrastructure Megaprojects to Boost Russia Construction Industry: Ken Research

Ken Research announced its latest publication on, “Russia 2016 Construction Outlook: Growing Market with USD 300 Billion of Infrastructure Mega-Projects Pipeline”, offer insights on the changing trends and key issues within the Infrastructure and Construction industry in Russia. The publication includes an insightful analysis of recent & strategic trends, project financing, project risks, leading players, opportunities and challenges within theInfrastructure and Construction industry in Russia. The analysis of the aforementioned trends has been done across main sectors: Real Estate; Transportation; Energy, Industrial & Utilities; and Social Infrastructure,within the industry with comprehensive overview of key sectors: Power sector, Railways sector and Real estate-Mixed Use sector.

Brief Overview of the Construction Industry in Russia
Construction industry is one of the most crucial industries for a country’s development and growth. Recognizing the importance of the industry for the long term growth of a country, Russian govt. has also placed it at the centre of their development policies. Unfortunately, the Russian Construction Industry is struggling over last few years and has witnessed declining construction activity, reason being, weak economic growth, declining fixed capital investments, reduced oil & gas investments, currency depreciation, international sanctions, and declining oil prices. As a result of this, Govt. has announced various socio-economic development projects aiming at the infrastructural renovation & development of the country.
These efforts have led to improvement in the global ranking of Russia to 74th position in 2015 from 101st in 2012. However, the industry still has to cover along way for a respectable global ranking. With decent power and railway networks, the country lacks efficient transport and telecommunication infrastructure. Govt. has primarily focussed on the development and strengthening of the power and railway sector infrastructure, through huge investments in related developments plans with a look towards 2030. Currently, Russia has a megaprojects pipeline worth USD 300 billion, and four key high speed rail projects. Compared to Greenfield projects, investment in Brownfield projects have gained popularity. Also, the project financing methods have been diversified by the govt. to reduce its burden during global crisis. Projects that were largely funded by the state now have PPP option along with increasing investment by private domestic and foreign companies. Even though vast growth opportunities have been created in the industry, its effect on growth is hampered by the challenges faced by the industry such as delays in finding investors, impacting the final cost and timely delivery of these projects.
Key Factors Driving Growth in Russia’s Construction Industry
Government efforts are playing a pivotal role in the growth of Construction industry in Russia. Whether the driving factors are demand-side or supply-side, majority of them are underpinned by Govt. actions. Some of the key factors driving growth in the industry include:

• Recognition of Infrastructure construction as a major contributing factor to country’s long term growth. This has made the construction industry to the centre of the Russian Policy-makers’ agendas.
• Announcement various socio-economic development plans such as ‘Energy Strategy 2030’ under which the govt. aims to double the electricity generation capacity by 2030and ‘Strategy for Developing Rail Transport in the Russian Federation to 2030’ for strengthening the railways and boost trade.
• Rising disposable income has led to a boost in the residential as well as retail construction sector.
• Fifa World Cup, 2018, which is to be hosted in 11 cities of Russia, is expected to be a major source of increase in construction activity in coming years. The event will lead to a surge in demand for stadia construction along with infrastructure construction in related areas especially transportation, accommodation and retail.
• offering PPP options as well as lower interest rates on loans is, eventually incentivising the private market players to enter the industry and invest in megaprojects. This induces a major supply side factor for the growth of the industry.

Future of Russia’s Construction Industry
Although the performance of the Russian Construction Industry has been weak in the last few years, the industry is expected to gain growth momentum on account of expanding infrastructure construction in the country in coming years. However, before the momentum will be regained, a slight contraction of the industry in 2016 is expected.Worsening business environment and capital outflows due to Russia-Ukraine conflict are the major reasons behind this further contract. Also, Brownfield projects are expected to receive huge investments with the govt. aiming to reinforce its existing assets. Competition in the industry is expected to increase as the number of market players increase attracted by govt. incentives such as PPP options, low interest rates etc. Even though the industry has various potential growth opportunities, international sanctions and low oil prices will remain as big factors obstructing the industry growth to its full potential.
To know more on coverage, click on the link below:
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/russia-construction-outlook/38143-97.html
Related Reports:
Vietnam 2016 Construction Outlook: Infrastructure Megaprojects Opportunities and Challenges
Saudi Arabia 2016 Construction Outlook: Compare Rising Infrastructure Megaprojects Opportunities with Increasing Project Risk

Companies Covered:

• RusHydro
• ROSATOM
• RUSAL
• Interbering
• Russian Railways
• Gazprom
• Rosneft
• Mitsubishi
• Mitsui & Co
• Shell
• Eastern Energy Company
• State Grid Corporation of China
• Russia Ministry of Transport
• Moscow Ring Railway
• Kaltchuga Capital Management SA
• Rublyovo-Arkhangelskoye
• CDS Group
• Vnesheconombank
• African Development Bank
• KFW Development Bank
• European Investment Bank
• United Grain Corporation
• Global Ports Investments Plc
• Metalloinvest MC LLC Sberbank
• Power Construction Corporation of China

Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

UAE Healthcare Market Outlook to 2020 - Rising Medical Tourism and High Prevalence of Diabetes to Foster Future Growth

UAE Healthcare Market Outlook to 2020 - Rising Medical Tourism and High Prevalence of Diabetes to Foster Future Growth" focuses on the medical devices used in the hospital setting, diagnostic laboratories, clinics and polyclinics, pharmaceutical drugs and injectables used for treatment and diagnostic purposes, and services provided by healthcare providers for maintaining healthy population. The report covers aspects such as overall healthcare market by its key segments including medical devices, pharmaceuticals, hospitals, independent diagnostic laboratories, clinics/polyclinics, home healthcare and telemedicine and their sub-segments.
UAE healthcare market is one of the fastest growing markets in the world with the growth rate of ~% from 2010 to 2015. The market is also expected to experience high growth during the forecast period and exhibit a CAGR of ~% from 2016 to 2020.
Medical Device Market

UAE is an import driven market in context to medical devices. The imports of medical devices accounted for a lion share of ~% from the total revenue market in 2015. The market is observed to grow at a rapid pace of ~% by value from 2010 to 2015 owing to the expanding healthcare infrastructure in the country; both the government and private healthcare sector is investing heavily to provide country satisfactory healthcare solutions to the residents, expats, and medical tourists. Diagnostic imaging products were observed to capture the major share of the market (~% in 2015), however medical consumables recorded the highest growth rate of 17.2% in span of six years from 2010 to 2015. UAE being the economically stable country, the healthcare professionals across the nation prefer the branded medical devices from GE Healthcare, Philips Medical Systems, and Siemens Healthineers, providing all of them leading position in the market. The three players together captured around ~% of the total revenue share in 2015. The market is further expected to register a growth of ~% from 2016 to 2020, and reach at a value of USD ~ million in 2020. Orthopedic devices are expected to register the highest growth during the period specifically due to aging population.
Pharmaceutical Market
Pharmaceuticals market is the UAE similar to medical devices is dependent upon imports of pharmaceutical products. Imports accounted for ~% of the total revenue in 2015 for pharmaceuticals market in the UAE. The total pharmaceuticals market in UAE has exhibited the growth rate of ~% from 2010 to 2015. Patented drugs are observed to be preferred more than generic drugs and have captured the revenue share of ~% in 2015, however generic drugs have experienced high growth rate of ~% from 2010 to 2015 and is estimated to expand at a CAGR of ~% during the forecast period. Julphar is the major domestic player who is manufacturing drugs for the UAE pharmaceuticals market. The company accounted for total of ~% of the domestic manufacturers share in 2015. Among the prescribed and OTC drugs, prescribed drugs accounted for ~% of the share. Patented drugs are majorly imported from the other countries to meet the high demand among the nationals. City Pharmacy was observed to import highest value of drugs in 2015 and accounted for ~% of the total importers share.
Pharmacy Retail Market
Pharmacy retail is a fast growing market with the growth rate of ~% from 2010 and 2015, and the market revenue of USD ~ million and USD ~ million in the respective years. Elevating demand for pharmaceutical goods, and home use devices the major factor which has led to the growth of the segment. Majority of the pharmacies (~%) are observed to be based in Dubai, generating revenue from tourists and medical tourists. Various organized players such as Life Pharmacy, Bin Sina Pharmacy, Aster Pharmacy, and Super Pharmacy are dominated the market by capturing major share of the market.
Hospitals Market
Hospitals market in UAE has experienced rapid increase in number of hospitals, number of inpatients and outpatients from 2010 to 2015. Number of hospitals recorded the growth rate of ~%, however, number of inpatients and outpatients increased by ~% and ~% respectively. Rise in number of patients has resulted in revenue generation at a high pace, exhibiting a growth rate of ~%. Private hospital was observed to be major revenue generator with ~% of revenue share in 2015, while public hospitals recorded the growth rate of ~%. The major revenue contributor among private and public hospitals was multispecialty hospitals with market share of ~%. However, the establishment of single-specialty hospitals was on high speed from 2010 to 2015, increasing the revenue at a rate of ~% in the respective years. Multi-specialty hospital group NMC healthcare dominated the market with the revenue share of ~% during this period.
Independent Diagnostic Laboratories Market
Independent diagnostic laboratories is most recently established market in the UAE with revenue of USD ~ million and growth rate of ~% in span of six years (2010 - 2015). The rising self care attitude among people coupled with increasing prevalence of chronic diseases is the major factor which has led to growth of independent diagnostic laboratories. These laboratories are actively engaged in providing pathology tests, and pathology tests contribute approximately ~% of the total revenue in 2015. Radiology tests generated low share of the market majorly due to presence of limited number of radiology services including X-ray and ultrasound. Organized players including Proficiency Healthcare Diagnostics, National Radiology Laboratory, Al Borg Laboratories and Medsol Laboratories captured major share of the market with revenue share of approximately ~%. Proficiency Healthcare Diagnostics led the market with ~% share.
UAE Telemedicine Market
Emergence of Abu Dhabi Telemedicine Center in 2013 marked the initiation of core telemedicine services in the UAE. The center has experienced a high growth during this period with revenue of USD ~ million in 2013 and USD ~ million in 2015, and the market is expected to grow at a CAGR of ~% during the forecast period. Prior to this, teleradiology was the only segment which was generating revenue for UAE in telemedicine market. Teleradiology segment has experienced the growth rate of ~% from 2010 to 2015.
UAE Home Healthcare Market
Home healthcare market is newly established market with large number of unorganized players operating in the market. Americare Home Health Services, Manzil Healthcare Services, and Emirati Canadian Home Healthcare Services are the major among many. The market has exhibited the growth by ~% in between 2010 to 2015 and is expected to experience growth rate of ~% during the forecast period. Aging population and high prevalence of diabetes leading to kidney failures and subsequently increase in demand for home peritoneal dialysis are the major factors which are expected to contribute in the growth of the market.
Key Topics Covered in the Report:

• The market size of UAE Healthcare Market
• Market segmentation of UAE Healthcare market on the basis - By Healthcare Segments - Medical Devices, Pharmaceuticals, Hospitals, Independent Diagnostic Laboratories, Clinics/Polyclinics, Home Healthcare and Telemedicine
• The market size of UAE Medical Devices Market
• Market segmentation of UAE medical devices market on the basis
• The market size of UAE pharmaceuticals Market
• Market segmentation of UAE pharmaceuticals market on the basis
• The market size of UAE hospitals Market
• Market segmentation of UAE hospitals market on the basis
• The market size of UAE independent diagnostic laboratories Market
• Market segmentation of UAE independent diagnostic laboratories market on the basis
• The market size of UAE clinics/polyclinics Market
• Market segmentation of UAE clinics/polyclinics market on the basis
• The market size of UAE Telemedicine Market
• The market size of UAE Home Healthcare Market
• The market size of UAE Pharmacy Retail Market
• SWOT Analysis of UAE Healthcare Market
• Trends and Developments in UAE Healthcare Market
• Investment Model of UAR Hospitals Market
• Revenue Stream of Independent Diagnostic Laboratories
• Purchase Decisions regarding Medical Devices
• Competitive landscape and detailed company profiles of the major market players
• Government Regulations in UAE Healthcare Market
• Future outlook and projections of UAE Healthcare Market
• Analyst Recommendations
• Macro-economic Factors Impacting the UAE Healthcare Market

Market research report :  https://www.kenresearch.com/healthcare/general-healthcare/uae-healthcare-market-report/37505-91.html
Contact Us
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

High Prevalence of Diabetes and Obesity in the UAE is Generating Revenue for Healthcare Devices, Products and Service Providers: Ken Research

Ken Research announced its latest publication on “UAE Healthcare Market Outlook to 2020 – Rising Medical Tourism and High Prevalence of Diabetes to Foster Future Growth” provides a comprehensive analysis of the healthcare market in the UAE. The report focuses on the medical devices used in the hospital setting, diagnostic laboratories, clinics and polyclinics, pharmaceutical drugs and injectables used for treatment and diagnostic purposes, and services provided by healthcare providers for maintaining healthy population. The report covers aspects such as overall healthcare market by its key segments including medical devices, pharmaceuticals, hospitals, independent diagnostic laboratories, clinics/polyclinics, home healthcare and telemedicine and their sub-segments. The study also includes market analysis for retail pharmacies in the UAE. The publication also includes the competitive landscape in each section, which discusses the major market players in every segment along with the detailed discussion about the organization. Investment model of the hospitals and revenue stream of independent diagnostic laboratories is also explained in detail with information about total revenue which could be generated from healthcare services. The future analysis of overall UAE Healthcare has also been discussed along with recommendations from analyst view. The report also includes important information about scenario of UAE Healthcare including information about health insurance in UAE, regulatory bodies governing healthcare policies in the UAE, regulations which impact healthcare market and procedure to import healthcare medical devices and pharmaceuticals in the UAE.

Retail pharmacy market in the UAE has observed a magnificent growth over the past decade with rising demand for home healthcare devices and OTC drugs.  High incident rate of chronic diseases in the country has increased the self caring attitude among the UAE population, which has resulted in increased sales of retail pharmacy and OTC drugs boosting the overall UAE retail pharmacy market. It has been observed that the retail pharmacy market in the UAE has recorded growth from USD ~ million in CY2010 to USD ~million in CY2015 at a CAGR of ~%.
Telemedicine being the future of the healthcare has been given high importance during the study. The market for telemedicine is valued at USD ~million in CY2010, and is observed to exhibit a CAGR of ~% from 2010 to 2020, to reach at a value of USD ~million during 2020. Abu Dhabi Telemedicine Center is observed to be the only telemedicine center located in the UAE catering around 1.2 million patients a year. This telemedicine center provides services to only members of Daman, the national health insurance provider, to its Thiqa and Enhanced card holders only. In addition to telemedicine center, various teleradiology centers are also operating in the market which transfers images of radiology tests from one place to another and are used for taking second opinions. According to the research report, the UAE healthcare market will grow at a considerable CAGR rate thus reaching USD 20 billion by 2020.
“In order to penetrate into the growing healthcare market of the UAE, the medical devices and pharmaceutical products manufacturers could plan to establish their manufacturing units in the country. The UAE is currently import driven market and the manufacturing unit would decrease the total cost of medical devices and pharmaceutical products. Moreover, awareness about the company and customer loyalty would also increase the demand for products, according to the Research Analyst, Ken Research.
Key Topics Covered in the Report:

• The market size of UAE Healthcare Market by Revenue
• Market segmentation of UAE Healthcare market on the basis
• By Healthcare Segments – Medical Devices, Pharmaceuticals, Hospitals, Independent Diagnostic Laboratories, Clinics/Polyclinics, Home Healthcare and Telemedicine
• The market size of UAE Medical Devices Market by Revenue
• Market segmentation of UAE medical devices market on the basis
• By Type of Application – Diagnostic Imaging Products, Medical Consumables, Dental Products, Assistive Devices, Orthopedic and Implants, and Others
• By Institutional and Household Demand
• By Domestic Demand and Imports
• By Emirates – Abu Dhabi, Dubai, Sharjah, Ras Al Khaimah, Ajman, Fujairah, and Umm Al Quwain
• The market size of UAE pharmaceuticals Market by Revenue
• Market segmentation of UAE pharmaceuticals market on the basis
• By Therapeutic Area – Diabetes, Cardiovascular, Anti-infectives, Respiratory, Supplements and Nutritional Products, and Others
• By Generic and Patented Drugs
• By OTC and Prescribed Drugs
• By Emirates – Abu Dhabi, Dubai, Sharjah, and Others
• The market size of UAE hospitals Market
• By Revenues
• By Number of Hospitals
• By Number of Beds
• By Number of Inpatients
• By Number of Outpatients
• Market segmentation of UAE hospitals market on the basis
• By Public and Private Hospitals
• By Different Services – Inpatient and Outpatient Services, and Hospital-based Pharmacy
• By Single and Multi-specialty Hospitals
• By Emirates – Abu Dhabi, Dubai, Sharjah, Ras Al Khaimah, Ajman, Fujairah, and Umm Al Quwain
• The market size of UAE independent diagnostic laboratories Market
• By Revenues
• By Number of Independent Diagnostic Laboratories
• Market segmentation of UAE independent diagnostic laboratories market on the basis
• By Radiology and Pathology Tests
• By Organized and Unorganized Players
• By Emirates – Abu Dhabi, Dubai, Sharjah, and Others
• The market size of UAE clinics/polyclinics Market
• By Revenues
• By Number of Clinics/Polyclinics
• Market segmentation of UAE clinics/polyclinics market on the basis
• By Clinics and Polyclinics
• By Public Clinics/Polyclinics and Private Clinics/Polyclinics
• By Outpatient and Diagnostic Services
• By Emirates – Abu Dhabi, Dubai, Sharjah, and Others
• The market size of UAE Telemedicine Market by Revenue
• The market size of UAE Home Healthcare Market by Revenue
• The market size of UAE Pharmacy Retail Market
• SWOT Analysis of UAE Healthcare Market
• Trends and Developments in UAE Healthcare Market
• Investment Model of UAR Hospitals Market
• Revenue Stream of Independent Diagnostic Laboratories
• Purchase Decisions regarding Medical Devices
• Competitive landscape and detailed company profiles of the major market players
• Government Regulations in UAE Healthcare Market
• Future outlook and projections of UAE Healthcare Market
• Analyst Recommendations
• Macro-economic Factors Impacting the UAE Healthcare Market

Key Products Mentioned in the Report
Diagnostic Imaging Products, Medical Consumables, Dental Products, Assistive Devices, Orthopedic and Implants, Generic Drugs, Patented Drugs, OTC Drugs
Key Market Players Covered in the Report:
Gulf Drug LLC
Abu Dhabi International Medical Services
Modern Pharmaceutical Company Healthcare
Pharmatrade LLC
Atlas Medical
Julphar
Neopharma
Globalpharma
Medpharma
Key Retail Pharmacies Covered in the Report:
Life Pharmacy
Bin Sina Pharmacy
Aster Pharmacy
Super Care Pharmacy
Key Healthcare Groups Covered in the Report:
NMC Healthcare
Zulekha Hospital
American Hospital
Mediclinic Middle East
Al Zahra Hospital
Cleaveland Clinic Abu Dhabi
VPS Healthcare
Aster DM Healthcare
Key Independent Diagnostic Laboratories Covered in the Report:
Al Borg Laboratories
Proficiency Healthcare Diagnostics
National Reference Laboratory
Medsol Diagnostics
Key Telemedicine Center Covered in the Report:
Abu Dhabi Telemedicine Center
Ver2
Global Hawk Imaging and Diagnostics
Key Home Healthcare Providers in the Report:
Americare Home Health Services
Manzil Healthcare Services
Emirati Canadian Home Healthcare Services

Research Report : https://www.kenresearch.com/healthcare/general-healthcare/uae-healthcare-market-report/37505-91.html
Related Reports:
India E-Health Services Market Outlook to 2020 - Focus on On-Call Home Healthcare, Telemedicine, M-Health and Healthcare IT Segment
India Pharmacy Retail Market Outlook to 2020 - Growth Driven by Surge in OTC Drugs Sales and Expansion of Online Pharmacies
Saudi Arabia Healthcare Market Outlook to 2019 - Rising Lifestyle Diseases and Government Investment to Spur Future Growth
Contact Us
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Future of Global Packaging Industry Driven by US, Germany and Canada : Ken Research

The unpredictable future of the packaging will not thwart the growth of packaging industry as for the coming six months due to focus on innovations and survival of the fittest conditions. The firms have to keep adapting to the competitive conditions by enhancing the existing customer base, making a persistent effort to introduce new products and working on the lines of Kaizen technique of making continuous improvements in the current scenario. There has been growing use of ecommerce which has made the packaging industry more cost-efficient that is it produces the same level of output at a reduced cost that marks serious improvement in manufacturing processes.


Major Forecasts for the Global Packaging Industry
‘Packaging Industry Business Outlook and Procurement Survey H1 2016’ published by Canadean delivers the management’s stance on business perspectives and procurement activities for the period spanning from April 2016 to September 2016. It underlines supplier price fluctuations, main operational priorities, firm’s take on procurement using digitalization techniques and the expected alterations in capital expenditure. Furthermore, it puts forward the prognosis of vertical and horizontal mergers and acquisitions within the packaging industry for the coming time period of six months.
The way a product is packaged can lead to serious changes in product selection patterns of the consumers since it helps the organization to position its product in a better and correct way in the minds of the consumer. Packaging and branding is imperative to products as it is an important element for positioning the product correctly in the minds of the buyer. It signifies the social and economic status of the buyer and gives him something to relate to. The market for packaging products cannot be safely assumed to be stable in countries where there are severe fluctuations in the per capita disposable incomes of the suppliers. Packaging markets is divided into segments on the basis of material used and the type of packaging i.e. flexible packaging, rigid packaging and packaging accessories. There are certain tendencies that will hit the global packaging industry are brand transparency that builds brand trust, digital revolution, exceptional flexibility, eco-friendly packaging for the environmentally conscious buyers and apt size packaging.
The market for packaging products can be safely assumed to be stable in countries where there are no severe fluctuations in the per capita disposable incomes. These can be provided only for highly developed nations like Germany and the US and these are expected to emerge as prominent targets for the same reasons. Some of the management executives of big packaging brands expect the supplier price to soar in the coming time periods but 29% of them choose to remain on the risk averse side expecting no change to occur. The optimistic ones are leaving no stones unturned and are striving to introduce new launches in the market to tap more of the niche customers, spending more on capital goods to enhance manufacturing capabilities and henceforth drive the forecast of continuous growth prospects in the packaging industry.

To know more on the coverage, click on the link below:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/packaging-industry-procurement-report/29269-100.html
Related Report:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/global-food-beverage-packaging-market-research-report/562-100.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

Expected Recovery of the Bulgarian Construction Sector: Ken Research

The construction sector is perhaps not one of the most lucrative sectors in Bulgaria. Despite that construction of every type of property, whether residential, commercial or industrial is a very fascinating investment proposition in Bulgaria since construction and land costs are fairly low, while the demand for modern and high quality real estate in expanding. Also, there has been a significant improvement in lending of loans to both businesses and households for the purchase of real estate in Bulgaria by the Bulgarian and foreign banks. Bulgaria, in the recent years has experienced a boom in the industrial and commercial construction sector. The growth in the commercial sector can be attributed to rapid growth in Business in Bulgaria and establishment of operationsby foreign companies in Bulgaria. And since Bulgaria has joined the European Union, projects in the industrial construction sector are now eligible for EU financing which marks the boom in the industrial construction sector. The construction industry in 2015 was characterized by favorable dynamics and a change in the growing negative trend established over the years.Statistical data for some indicators bear a positive sign and indicate the expected pace of recovery and rebuilding growth of the construction sector.
The shrinkage of the Bulgarian construction industry occurred because many projects nationwide were frozen. Projects from real estate to office space, logistical centers, warehouses, and others, were either postponed or scrapped altogether. Infrastructure projects, which were prioritized during the global crisis, although helpful, could not offset the industry's stagnation and compression. This decline can also be attributed to the country's high unemployment rate, economic slowdown, a large budget deficit, weak business confidence and consumer demand, and the Eurozone’s depressed economic environment.

Composition of the Construction Output in Bulgaria
In Bulgaria, there has been a massive increase in the civil engineering sector while the residential construction sector has experienced a significant decline.
Unemployment Rate in Bulgaria decreased to 9.88 percent in March from 10.19% in February of 2016. Unemployment Rate in Bulgaria averaged 12.04% from 1991 until 2016, reaching an all-time high of 19.27% in February of 2001 and a record low of 4.68% in April of 1991.
According to the National Statistical Institute, Bulgaria registered real GDP growth of 0.7% in the third quarter of 2013. Bulgarian real GDP is expected to report a growth rate in the range of 0.4-0.7% which is mainly due to low private consumption and high unemployment in the economy. Bulgaria’s GDP growth is predicted to improve to an annual 3.0% over 2014-2017 supported by gradual improvement in domestic demand and an anticipated recovery in the Eurozone that will boost Bulgaria’s exports. According to the Bulgarian National Statistical Institute (NSI), the number of new start up buildings was 2,935 in the third quarter of 2012 while in the third quarter of 2013 was 3,156 which represents the increase of 7.5%.
Infrastructure construction was the largest market in the Bulgarian construction industry during the review period, accounting for 47.1% of its total value in 2015. The market is expected to increase in importance over the forecast period, to account for 48.7% of the industry's total value in 2020. The market will be supported by the government's plans to improve the country's transport infrastructure, such as the Transport and Transport Infrastructure 2014-2020 program. Various road infrastructure projects are expected to be completed over the forecast period.             
Key Trends Expected to Drive Growth of Bulgaria Construction Sector
There are various macroeconomic factors that can be associated with the growth of the Construction sector in Bulgaria. The government of Bulgaria has taken a lot of measures to improve the economy’s construction sector. The government passed 3,817 permits for new residential buildings construction and 56 permits for new administrative buildings in the third quarter of 2013 which will support demand in the construction industry over the forecast period. In addition to this, to revive the housing market, the government has cut interest rates on mortgage loans as low interest rates are expected to support growth in residential property demand in Bulgaria. Due to urbanization and an improving economy, demand for residential construction will support the market.

The research report titled “Construction in Bulgaria - Key Trends and Opportunities to 2020” provide deep insights into commercial, residential and industrial construction industry in Bulgaria. The market has been defined by project type, by cost and by activity. Major players have also been discussed highlighting their share in the market and current performance.
To know more on “Construction in Bulgaria - Key Trends and Opportunities to 2020”, click on the link
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/construction-bulgaria-key/25242-97.html
Related Reports
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/commercial/29569-97.html
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/worldwide-construction-industry-research-report/115-97.html

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Ken Research
Ankur Gupta, Head Marketing & Communications
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+91-124-4230204

Non -Life Insurance Sector Buoyant Share in the Insurance Industry Albania : ken Research

• The insurance industry growth is immensely hinged on motor third-party liability insurance in Albania
• The Albania insurance industry will support private agriculture insurance

Ken Research announced its latest publication on, “The Insurance Industry in Albania, Key Trends and Opportunities to 2019”, which provides a detailed analysis of the insurance industry in Albania. Category-wise coverage of different segments in the industry is also included in the report. It analyzes the various distribution channels in Albania. The report enables the reader to interpret future outlook on how the market will shape up by the end of this decade.
The communist era in Albania hindered the growth of the insurance sector for more than 50 years. This led the sector behind and underdeveloped compared with other European countries with gross written premium of near 0.66 percent of GDP. With insurance consumption of Euro 20 per capita, the sector remains small. There were 11 companies in the insurance market by the end of 2012. The real growth of insurance premium was 3.0% from 2009 to 2012, tumbling below the cumulative GDP growth over the same period despite a low market penetration rate. The share of life insurance was very low accounting for one tenth share of the total insurance industry in the country. The largest share of the total non-life premium was of motor third-party liability insurance. The industry showed a CAGR of 7.6% during 2010-2014.

The insurance sector has relatively low importance in the country’s financial system. In 2014, the banking system made approximately 91.7% of the financial system while the insurance industry made only 1.8% of GDP. To assist the Albanian Financial Supervisory Authority (AFSA) in implementing legal and regulatory reforms to enhance the insurance industry’s supervision and regulation, the World Bank initiated the Albania Insurance Market Reform in 2014. The private agriculture insurance is expected to be carried by an increase in the number of agriculture and related businesses. The country’s population decreased from 3.06 million in 2001 to 2.88 million in 2016 due to increased emigration and falling fertility rate which further decreases insurance incentive.

Global Insurance Industry
The global insurance industry is forecasted to show growth of 6.3 percent in the coming years. Health insurance sector has shown tremendous growth over past years and continue to remain the major insurance sector at the global market. The macroeconomic environment around the world shows significant improvement in the insurance market i.e. increasing GDP in many countries, expansion of financial resources of middle class and high net worth population. These boost the need for property casualty and life annuity insurance companies. The key challenges for the insurance are increasing competition, tight margin profits and soft pricing conditions. Technological solutions are used by the insurers to improve sales, distribution and customer service.

Key Topics Covered in the Report:

• Detailed analysis of Albania insurers
• Value and volume analysis for Albania insurers
• Historic and Forecast value analysis by category
• Key issues in the market
• Investor trend framework

• Analysis of mega-trends

To know more on coverage, click on the link below:
https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/insurance-industry-albania-key/25247-93.html
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https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/insurance-united-arab-emirates/28021-93.html

Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

Gold Gym, Fitness First, NuYu and Fitness Time are the Leading Players in Fitness Services Market in Saudi Arabia : Ken Research

The wellness industry has evolved rapidly in Saudi Arabia from its nascent unstructured beginning to comprehensive ecosystem today including companies, centers, customers and government support.

The overall Saudi Arabia Wellness Market had increased because of the surge in demand for personal care products and the services offered by the Fitness centers and Spa & salons. The increase in population in the country has increased the consumption of personal care products owing to the increase in market size of the industry.

Wellness products are the major contributor in the Wellness industry of the country. The wellness products include all personal care products and the Nutraceutical Products. The Personal care products also include the products which are of basic Necessities such as soaps, Face creams, Shampoos and others. These products are required by every individual of the country, thus making this sector as the leading sector in the Wellness industry of Saudi Arabia.

The few categories of personal care products and Nutraceutical products are costly (such as perfumes, Nutrition supplements and others) and also, these products are used frequently by the population. Thus increasing the market size of the wellness products in the country.

The demand for nutraceutical products had also increased in the country (especially for Functional food and beverages) which had also increased the revenue of wellness products in the country. The population in the country prefers more digestive foods such as oats and fiber biscuits, energy boosting drinks and others.

It had been witnessed that the wellness products market had been increasing in absolute terms, but it had decreased in the percentage terms. The major reason for the decrease in the percentage of the wellness products in the country are the increase the demand of the wellness services by the population of the kingdom.

Spa and salon concept is more than a therapeutically ritual for the body. In Saudi Arabia people are spending more on body and hair treatments, which has increased the demand of salon and spa services in the country.

Majority of people in the country have dry and sensitive skin and due to the high temperature, they usually suffers from number of infections such as rashes, tanning, acne and others. This had also increased the demand of facial treatments in the salons.

Some of the major players operating in Spa Market are Four Spa, Astralis Spa, Oriana Spa & Salon and Enaya Care.

The market of Saudi Arabia for Cosmetic and toiletries is one of the most attractive markets in the Middle East region. The personal care market has increased during the period majorly due to the increase in the fragrance market of the kingdom. In Saudi Culture, perfume and fragrance determines about the life style of a person. People of the kingdom spent huge amount of money in fragrance segments. The increase in fragrance market accompanied by the increase in skin care, hair care and color cosmetic market has enhanced the market revenues of the personal care product.  

The dietary and supplement market is dominated by standard supplements such as vitamins, irons, calcium, essential enzymes and others in Saudi Arabia.

The major reason accounted for this large share is due to the increasing market offerings in this segment. Introduction of various innovative products which caters to age-specific and problem-specific requirements that have supported the growing revenues of this market in Saudi Arabia

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

https://www.kenresearch.com/healthcare/general-healthcare/saudi-arabia-wellness-market-report/31980-91.html

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Ankur Gupta, Head Marketing

ankur@kenresearch.com

+91-0124-4230204

Huge Unmet Insulin Demand Attracts Drug Makers to China : Ken Research

Diabetes has become a common household in disease in China over the past two decades. In fact, the prevalence of diabetes in China increased from 1% per capita in 1980 to over 12% per capita by 2013. Data reveals that diabetes is about to reach catastrophic levels in the near future.

MORE THAN 150 MILLION EXPECTED TO HAVE DIABETES BY 2040

Though this figure is unexpectedly high, it also has some direct impact on the Chinese diabetes care market. For instance, the consumption of insulin is expected to gain a rapid momentum.  The Insulin market in China showcased a growth rate at a CAGR of 18.3% during 2008-2013. This indicates tremendous growth opportunities for both local Chinese drug manufacturers and international drug makers. With such a huge need for proper diabetes care, the first step is to fulfill the unmet insulin needs, the basis for diabetes treatment. While multinational companies continue to focus on urban China, the local producers are better positioned to promote insulin products in the rural areas by building better relationships with healthcare professionsals.

PLAYER’S POSITIONING

This growing need for diabetes treatment in China has attracted several leading players from across the globe. Companies such as Novo Nordisk, Eli Lilly and Sanofi Aventis capture a large proportion of the market, whereas domestic players including TonghuaDongbao and Shanghai Fosun Pharmaceutical share a small fraction of the Chinese insulin market.

Talking in terms of latest developments, multinational Sanfoi has announced plans of setting up joint venture with Zhejiang Hisun Pharmaceutical Co. Ltd. for developing insulin and other diabetes related treatments. Other international giants like Eli Lilly and Novo Nordisk have also announced plans for developing close ties with government’s healthcare workers for educating about diabetes. In terms of a long term perspective, the government has also collaborated with several of these leading insulin companies for spreading awareness via campaigns and free diagnostic services.

THE FUTURE FOR CHINESE INSULIN MARKET LOOKS POSITIVE

The government has awakened and taking rational steps to provide better access to medical treatment. Not only is it increasing awareness in the rural areas, but it is also urging both multinational and domestic producers to focus on the production of insulin which is the first step in meeting the needs of a largely diabetic population. Medical insurance, drug supply security, medical-service provision and public health services are some of the initiatives undertaken by the government. The drug manufacturing firms are also carrying out extensive R&D within China to understand the local trends and supplying corresponding solutions to meet future demand.

To know more about what is happening in the China’s Insulin Market, click on the link

https://www.kenresearch.com/healthcare/pharmaceuticals/china-insulin-market-research-report/574-91.html

https://www.kenresearch.com/tag/healthcare/diabetes/228.html

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Ken Research

Ankur Gupta, Head Marketing & Communications

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+91-124-4230204

China Online Organic Food Market is Expected to Grow at a CAGR of More than 30% in the Future : Ken Research

The market for organic food in China has seen a magnificent growth rate over the period 2010-2015 considering the very low proportion of organic food consumers in the country. The growing demand in the healthy, non-industrialized production has led to the development of several subscription farms to cater to the demand, especially from the urban populations. Organic food consumption has been predominantly limited to the economically richer section of the society over the period 2010-2015. China has currently become the world’s fourth-biggest consumer of organic food. International organic food fairs that had major organic nations such as Denmark, Germany and Australia showcasing their organic products like dairy, meat and wine reflect the growing popularity of this market outside. Also, rampant food scams in 2012 and 2013 led to surge in demand for imported organic products from foreign destinations like North America, EU, Denmark and Australia. Besides, foreigners residing in the mainland have brought with them different food habits to the nation which has led to widening of the organic food portfolio in the nation.

China Organic Food

Organic tea market in China has been heavily encouraged because of its substantial demand in the domestic as well as export market. There is a high potential for tropical fruit market in China on account of low domestic production. Producers having exotic tropical fruits like banana, durian, pineapple, pamelo, star fruit, rambutan and guava in their product portfolio can penetrate the market. Additionally, fruits like strawberries, grapes, apples and pears have been traditionally favored in the market.

The competitive scenario in the market is quite fragmented with presence of around 730 companies engaged in China organic food and beverage production. There are only a handful of small companies who have their businesses totally dedicated to organic production and processing. Yili and Mengniu are the two largest organic dairy companies. Hebei Qimei, Taian Taishan Asia and Tony’s Farm are the three of the largest organic food manufacturers in China.

The rapid growth of organic food and beverages coupled with the growing e-commerce market in China has incentivized many organic retailers to venture into the online segment of organic food and beverages. Most of the online retailers have tie ups with various producers of organic food whereas others operate their own online portals. Online stores help in saving costs as online retailers save considerable amount of money in terms of infrastructure investment. On the other hand, they can penetrate a huge internet customer base.

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

https://www.kenresearch.com/food-beverage-and-tobacco/general-food/china-organic-food-market-report/29848-11.html

Contact:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-124-4230204