Tuesday, December 12, 2017

North America Contribute approximately 35% of the Global Seeds and Traits Market: Ken Research

GM seed segment is the leading market in the US seed industry owing to the increase in productivity and resistance from pests and herbicides.
The US seeds market is further expected to grow at a CAGR of more than 6% during 2017 – 2022
The report titled “The US Seed Market Outlook to 2022 – By Crop Type (Corn, Cotton, Soyabean, Wheat, Rice, Grain Sorghum, Oats, Vegetable Seeds), by Open Pollinated, Hybrid and Genetically Modified Seeds” by Ken Research anticipate a resilient and challenging outlook for incumbent seed segments such as Corn, soybean and see stable growth in Vegetable seed, Wheat and Sugarbeet seed space with anticipated growth in GM adoption in the next 5 years.
The US is the largest and the most diverse global commercial seed market, which is followed by China, France, Brazil and Canada. The seed industry is the US is concentrated among the few big players though there are over 750 private seed companies engaged in the business with an offering of over 60,000 seed varieties of planting seeds.
The distribution channel in US seed industry varies between multiple states however it is mostly led by the dealer channel and retail channel. Seed companies also tend to sell directly to the farmers in case of large operations. For input providers, channel retailers and dealers are significant partners as they manage directly the relationship with the farmer.
The US has observed the approval of 195 single trait events in 20 crop species: alfalfa (3 events), apple (3), Argentine canola (20), chicory (3), cotton (28), creeping bentgrass (1), flax (1), maize (43), melon (2), papaya (3), plum (1), potato (43), rice (3), rose (2), soybean (24), squash (2), sugar beet (3), tobacco (1), tomato (8), and wheat (1) since 1996. In 2016 itself, food, feed and cultivation approvals were made for apple (1 event), maize (2) and potato (3).
The GM seed crop area in the US recorded a growth of 3% at around 73 million hectares which is about 39% of the global biotech area in 2016. GM seed prices differs with trait stacking/bundling, perceived agronomic conditions in each US region in terms of pest infestations, rainfall, others and availability of substitute seeds, commodity prices, and farmer income.
As the biotech seeds adoption rate is rising, the competition in the seed business has become more challenging. Companies with a high market share in regions which experience significant acreage shifts could realize more loss than companies with a lower share.
According to Ken Research, DuPont Pioneer and Monsanto have continued to dominate over 70% of the corn seed business and about 60% of the soybean seed market in the US in 2016. This level of concentration among major corporations which sell patented seeds makes the seed sector a monopolistic nature in top grain markets. The proposed agrochemical mergers such as Bayer with Monsanto, Dupont with Dow Chemical and ChemChina with Syngenta will make the concentration more intense.
Key Topics Covered in the Report:
US Seed Market
US Seed Market Future
US Corn Seed Market
US Soyabean Seed Market
US Cotton Seed Market
US Wheat Seed Market
US Rice Seed Market
US Grain Sorghum Seed Industry
US Barley Seed Industry
US Oats Seed Demand
US Fruits and Vegetable Seed Consumption
Seed Treatment in US
Monsanto Market Share US Seed Industry
Syngenta Sale seed in US
Bayer competition US Seed Industry
LimaGrain growth US seed Market
Rijk Zwaan sale GM seed US
Sakata revenue seed sale US
Bejo seed sale in US
US Seed Market Overview
US Seed Market Evolution
GM Seed Adoption Rate US
Agricultural Farm Income in US
US Seed Industry Economics
Trends Seed Penetration in the US
United States Seed Competition
Market Share Seed Manufacturers US
Commercial Seed Sales in United States
Forecast Seed Expenditure in US
Farm Holding Structure in US
Average Farm Size in US
Cash Receipt US Soybean
Soybean Seed Export US
Hybrid Seed Market in US
Genetically Modified Seed Market US
GM Seed Sales in US
Revenue Forecast GM Seed US
For more information on the market research report please refer to the below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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South Africa Seed Market is led by Increase in Local Consumption of Seeds, Increase in Net Farm Income and Gradual Growth of Food and Seed Export to African Countries: Ken Research

South Africa Seed market size, market segmentations by open pollinated, hybrid and genetically modified seeds, by crop type (wheat, soybean, oats, sorghum, barley, dry bean, maize, ryegrass, triticale, vegetable seeds), by market structure (organized and unorganized market) and by market source (domestic production and exports). The report also covers market in different aspects such as decision making parameters to choose a seed producer, trends and developments, issues and challenges, SWOT analysis, regulatory scenario, market share of major seed producers, recent industry activities and opportunities, company profiles of major seed producers (DuPont Pioneer, Rijk Zwaan, Monsanto South Africa, Pannar Seed (Pty.) Ltd., Sakata Seed Southern Africa (Pty.) Ltd., Syngenta Seed South Africa (Pty.) Ltd.) in seed market. The report provides detailed overview on future outlook & projections with analyst recommendations for the industry.

•                    Seed market in South Africa has been supported by increase in local consumption of seeds and crops along with gradual stabilization of seeds and food export to other African countries.

•                    Increase in net farm income coupled with development of newer varieties of seed and increase in trade across the globe will lead to market growth in upcoming years.

South Africa seed market is expected to show promising growth over the next five years on account of gradual increase in consumption within the country and export of seeds and crops to other African countries. The SADC countries are fast growing markets and a great opportunity for the seed market of South Africa. Efforts by South African National Seed Organization (SANSOR) to increase the international trade across the globe by active representation at international platform and subsequent promotion will substantially boost the international export and benefit the South African seed market.
Major players such as DuPont Pioneer, Monsanto, Pannar, Syngenta, Sakata and others are continuously innovating and developing newer seeds with higher crop yield and greater resistance to diseases. Such improvements in the Research and Development sector with industry friendly government policies will result in future market growth. The companies are expected to increase their production gradually and in line with the increase in demand of seeds from other African countries.

Ken Research in its latest study, South Africa Seed Market by (Open Pollinated, Hybrid and Genetically Modified Seeds), by Crop Type (Wheat, Soybean, Oats, Sorghum, Barley, Dry Bean, Maize, Ryegrass, Triticale, Vegetable Seeds) - Outlook to 2022, suggests that demand for seeds in the South African market will grow at a modest rate owing to increase in local consumption of seeds and crops along with growth in export of food and seeds to African countries.

Key Topics Covered in the Report:
·         South Africa Seed Market Research Report
·         South Africa Seed Market Size
·         South Africa Seed demand in 2017
·         Competition South Africa Seed Industry
·         Major crop South Africa seed market
·         Market Share of Major Players in South Africa Seed
·         South Africa's Agronomic Seeds Exports
·         Future Outlook for South Africa Seed
·         South Africa seed future growth expected
·         Hybrid seed demand South Africa Seed market
·         GM seed demand South Africa Seed Market
·         DuPont South Africa Revenue from Seed
·         Pannar Seed Production South Africa
·         Sakata South Africa market share
·         Rijk Zwaan sale seed South Africa Market
·         Monsanto South Africa market share seed

For more information on the research report, refer to below link:
https://www.kenresearch.com/agriculture-and-animal-care/seed/south-africa-seed-market/142288-104.html

 Related Reports by Ken Research

Philippines Seed Industry Outlook to 2021- Rising Government Support to Improve Agriculture Sector with Demand for Hybrid Seed to Foster Growth

Philippines Seed Industry Outlook to 2021 - Rising Government Support to Improve Agriculture Sector with Demand for Hybrid Seed to Foster Growth

India Seed Market Outlook to FY’2020 – Rapid Hybridization and Increased Government Support to Foster Future Growth

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
 sales@kenresearch.com
+91-124-4230204
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Russia International Remittance Market is expected to Register Transaction volume of USD 67.9 billion by 2021: Ken Research

Russia International Remittance Market by Inbound and Outbound Remittance, by Major Flow Corridors (CIS and Non-CIS Countries), by Mode of Transfer (Cash and Electronic Transfer) and by Channel (Banks and MTOs), Russia Domestic Remittance Market by Region (Central Russian Federal District, Volga Federal District, North-Western Federal District and Others) and by Channel (Bank and Non-Bank), Russia Bill Payment Market by Recurring and Non-Recurring Bills, by Type of Payment (Groceries, Utilities, Fuel, Mobile Recharge and DTH & Broadband), by Mode of Payment (Cash, Debit/Credit/E-Wallets and Electronic Transfer) and by Offline and Online Bill Payment.
The growing number of migrants from the different CIS and Non-CIS countries around the world will support the overall growth of the international remittance market.
The infrastructural and communicational growth initiatives by the Government of Russia will uplift the remittance market and will attract additional migrants to Russia which will lead to the growth in the domestic remittance and bill payment market.
Increase in number of smartphone users and internet penetration will act as catalysts for the growth of the remittance and bill payment overall industry.
The overall remittance market of Russia is expected to grow hand in hand with the revival of the global economy from the economic crises. The number of migrants from the CIS and the non-CIS countries are expected to grow considerably. This will increase the remittance outflow of the country in the coming years. The expanding size of the market will attract more players of the industry into Russia with tailored remittance and bill payment digital services. Companies like KoroanPay, Contact, Western Union, Moneygram and UniStream are the major players of the market and are expected to augment their network into the rural market. These factors collectively are expected to trigger the growth of the international outbound remittance market in Russia. The government envisions tightening the Anti-Money Laundering Law with the sight to reduce tax evasion by making the country a cashless economy and considers the digital remittance and bill payment industry as an ally of the government in achieving this objective. Russia will host many sporting events in the future including FIFA World Cup 2018, ISU European Skating Championship 2018, Universaide 2019 and UEFA European Championship 2020. The infrastructural and communication sector growth will lead to increase in job opportunities and will be the main trigger for internal migration in the country. This trend of migration to major cities in Russia will be the driver for growth in the domestic remittance and the bill payment industry. The increase in number of households, number of smartphone users, internet usage, DTH connections and utility bills will continue to augment the bill payment market.
Ken Research in its latest study, “Russia Remittance and Bill Payments Market by Inbound and Outbound International Remittance, By Mode of Transfer (Cash or Electronic Transfers), By Channel (Bank and Non-Bank) - Outlook to 2021” analyzed that the companies can encourage their customers to use digital modes of transfers to reduce the float time. Both the remittance and bill payment companies can focus on mobile transfers to withstand the competition in the market. Moreover, the companies can offer door to door pickup, innovative discount schemes and after transfer confirmation service which will aid in increasing their customer base.
The Russia Remittance Market is estimated to register a positive CAGR during 2017-2021. Future growth in the migrant population, rising number of mobile phone and internet users are expected to be key drivers of growth in the market.
The report provides information on the remittance channels, mode of transfer, type and remittance corridors which dominates the market in terms of transaction volume. It also covers the company profiles of the major players (i.e. KoronaPay, UniStream, Western Union and MoneyGram), banks (Sberbank, VTB Bank, Gazprom Bank and Alfa Bank), major e-wallets (i.e. Yandex, Webmoney, Paypal and Visa Qiwi) and Russian Post.
Key Topics Covered in the Report:
Russia Remittance and Bill Payments Market Overview and Genesis
Value Chain Analysis in Russia Remittance Market
Russia International Remittance Market Size
Russia International Remittance Market Segmentation
Future Outlook and Projections of Russia International Remittance Market
Russia Domestic Remittance Market Size
Russia Domestic Remittance Market Segmentation
Future Outlook and Projections of Russia Domestic Remittance Market
Russia Bill Payments Market Size
Russia Bill Payments Market Segmentation
Future Outlook and Projections of Russia Bill Payments Market
Trends and Developments in Russia Remittance and Bill Payments Market
Issues and Challenges in Russia Remittance and Bill Payments Market
SWOT Analysis of Russia Remittance and Bill Payments Market
Competitive Landscape of Major Players in Russia Remittance and Bill Payments Market
Macroeconomic Factors affecting Russia Remittance and Bill Payments Market
For more information on the market research report please refer to the below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Monday, December 11, 2017

Russia Remittance and Bill Payments Market is Expected to be Led by Rising Migration, Growing Internet Penetration and industrial Growth: Ken Research

Increase in the number of immigrants, industrial growth, and growing mobile application based payments were the key factors driving growth in the remittance and bill payments market in Russia.      
Russia is one of the most preferred migrant destinations in the world. In 2016 it was the 3td largest country in the world in the list of remittance sending countries. International migration to Russia is very high because of which the market is dominated by outflow of remittance funds. The migrants migrate to Russia in search of better job opportunities with high salaries and an improved standard of living. The migrants in Russia belong to both CIS as well as Non-CIS countries. The outflow to CIS countries is dominated by Uzbekistan and the outflow to non-CIS is dominated by Switzerland. The inflow of funds is dominated by the Kazakhstan owing to the large base of Kazakhstani students in Russia. The country has a large portion of population living in rural areas. People in search of better job opportunities and higher education migrate to developed cities such as Moscow, Saint Petersburg and Novosibirsk results in substantial rise domestic remittance in the country. The mushrooming migrant population in cities has also led to an increase in the households which resulted to an overall increase in use of groceries, utilities such as electricity and water. This increase has sustained the healthy growth of the bill payment market. In the past few years, the Russian currency has weakened against USD and the fall in oil prices has disturbed the growth of the remittance industry in Russia. The existence of a large number of unlicensed MTOs and a large percentage of unbanked population are some of the major concerns for the remittance and bill payment market.
The bill payments market in Russia includes the payments made for all the groceries, utilities consumed in the country by both immigrants and citizens in the country. The market grew at a CAGR of ~% during 2011-2016. The bill payment transaction volume has grown on the back of rising utility consumption and growing number of immigrants. Furthermore, rising consumption of electricity and water has led the government to cut the subsidies on these utilities for the citizens and to raise its cost for immigrants.
The report titled “Russia Remittance and Bill Payments Market by Inbound and Outbound International Remittance, By Mode of Transfer (Cash or Electronic Transfers), By Channel (Bank and Non-Bank) - Outlook to 2021” by Ken Research suggested a positive CAGR in terms of transaction volume in the remittance and bill payments market for the next 5 years till 2021.
Key Topics Covered in the Report:
Money Transfer Channel in Russia
Russia Vtb Bank Remittance Transactions
Money Transfer Data Russia
Internal Migration in Russia
Money Transfer Within Russia
Inmigrant Data Russia
E-Wallet Market in Russia
For more information on the market research report please refer to the below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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What is the Scenario of Global Robotic Surgery market?

Rise in need for faster recovery, reduced pain and discomfort has led to growth of global robotic surgery market in the past few years. Owing to rising adoption of minimally invasive surgeries, the market for global robotic surgery grew at a healthy CAGR of ~% during 2012-2017 from USD ~ million in 2012 to ~ million in 2017. During the concerned period, market grew predominantly due to increase in sales of da Vinci systems across the world and surgical procedures performed by them. The number of installed da Vinci systems grew from ~ in 2012 to ~ in 2017 and the number of surgical procedures conducted inclined from 359,000 in 2011 to 753,000 in 2016.

The market growth was also aided due to the commercial launch of several new systems in the US and/or Europe and other territories. Some of the surgical robots approved and commercially launched included MAKO, OMNIBotics, ARTAS, ROSA, NAVIO, TSoultion One, Neuromate,

Mazor X and Renaissance for a variety of indication such as spine and brain surgeries, total/partial knee and total hip arthroplasty and hair transplant. Over ~ spine and brain surgeries and more than ~ total/partial knee and total hip replacement procedures were performed using surgical robots in 2017.

International expansion has been slow over the past decade due to the fact that the majority of these companies are US based. Most companies have been focused on gaining regulatory approvals from the FDA and subsequently market the product aggressively before launching the systems elsewhere in the world. The process of individually gaining approval in various countries has slowed the growth of the entire surgical robotics industry. Additionally, all robotics companies face the challenge of convincing hospitals to purchase systems that are usually priced in excess of USD 1 million.

Which Segments are doing Well in Global Robotic Surgery Market?
North America accounted for the highest market share (~ %) in 2017, in terms of revenue. This was primarily due to high standards of healthcare infrastructure, high patient awareness levels and high healthcare expenditure by consumer and government as compared to other regions of the world.

Over ~ % of the North American revenue was due to high adoption of robotic surgery systems in the US. The US market for surgical robotics has been driven by the financial capability of hospitals to invest in these systems, strategic collaboration with insurance players, rising patient acceptance owing to superior post-operative outcomes, and general awareness about computer-assisted surgeries.

Of the 3,919 da Vinci systems installed worldwide, 2,563 of them were installed in the US alone. Europe, Asia-Pacific and Rest of the World (ROW) comprised for ~ %, ~ % and ~ % market share as of 2017, respectively.

Snapshot on Us Robotic Surgery Market
The US accounted for more than ~% of the overall robotic surgery market in 2017, in terms of revenue. Hence, the US robotic surgery market stood at over USD ~ billion in 2017. High healthcare standards, financial capability of hospitals to invest in these systems, strategic collaboration with insurance players, rising patient acceptance owing to superior post-operative outcomes, and general awareness about computer-assisted surgeries have led to high adoption of robot-assisted surgeries in the US.

The US is at the forefront of medical research and is more often the first country to adopt new, innovative surgical robots for a variety of indications. Although robot-assisted surgeries are expensive, insurers pay no more for surgeries that utilize robotic systems than for other types of minimally-invasive procedures, such as laparoscopy. Higher treatment cost with surgical robots has resulted in slower adoption of robotic surgeries amongst the citizens of the US.

Major Companies:
A vast majority of the companies developing and marketing surgical robots are based out of the US. This includes the market leader Intuitive Surgical, which generated about ~% of its entire annual revenues from the US itself in 2016. Several other major players in this sector such as Accuray, Stryker, Zimmer Biomet, OMNIlife Science, Think Surgical, Restoration Robotics, Medrobotics, TransEnterix and Auris Surgical are based in the US. Even those companies which are not based out of the US, sale of robotic systems in the US contributed for a fair portion of their overall annual revenues.

In terms of product development, US based medical device companies clearly dominated over others in developing surgical robots indicated for radio surgery, hair transplant and soft tissue surgeries involved in urology, gynecology, cardiothoracic and general surgical procedures.

Market Potential:
At present, the US is currently experiencing a severe shortage of general surgeons. The number of total active physicians in all specialties rose less than 2% annually to 860,939 in 2015 from 799,501 in 2010, according to the AAMC’s (Association of American Medical Colleges) 2016 Physician Specialty Data Report. The US will face a shortage of between 61,700 and 94,700 doctors by 2025, according to AAMC.

As of 2016, only ~% of the ~ million applicable soft tissue surgeries were performed using robotic surgical technology.

Da Vinci system for soft tissue surgeries were installed in about ~ US hospitals, with potential to be installed in over ~ more hospitals and ~ ambulatory surgical centers.

The number of total hip replacement procedures in the US was approximately ~ each year, and is expected to increase threefold by 2030.

The demand for total-knee replacements is expected to increase more than six fold by 2030 from current ~ each year.

Within five years, ~ of all surgeries in the US, more than double the current levels, are expected to be performed with robotic systems.

Source:https://www.kenresearch.com/healthcare/medical-devices/global-robotic-surgery-market/142287-91.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-1244230204
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