Thursday, May 30, 2019

Changing Dynamics of the Global Structural Heart Devices Market Outlook: Ken Research


The structural heart diseases are the idiosyncrasies in the heart by birth or which enhance later in life due to the aging infections, or injury, which leads to the heart attacks and the other fundamental ailments. The term structural heart disease includes a variety of ailments connected with the congestive heart failure (CHF) and embolic stroke, together with the atrial defect (ASD), ventricular septal defect (VSD), patent foramen ovale (PFO) and left atrial appendix (LAA). Moreover, the significant increase in the healthcare spending, rise in the number of outpatient procedures, and market development opportunities in emerging nations are delivering an opportunity for the market growth.


According to the report analysis, ‘Global Structural Heart Devices Market Forecast up to 2024’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and registering the high value of market share across the globe during the short span of time while employing the skilled healthcare professionals, increase in the minimally invasive surgery for the structural heart diseases and augmenting the prevalence of the cardiovascular disorders includes abbott Laboratories, Boston Scientific Corporation, Medtronic plc, Edward LifeSciences Corp., and LivaNova PLC. Lepu Medical Technology, CryoLife, Inc., JenaValve Technologies GmbH, TTK Healthcare, and Braile Biomedica. However, many of the potential players in the market are flooding into the TMVR arena, the market can suppose the robust and innovative state-of-the-art technologies, making the intense competition in the coming years. A Canadian company, NeoVasc has enhanced a novel technology device named Tiara to substitute any regurgitation of mitral valves. Not only has this, the mergers and acquisitions has been the foremost strategy followed by superior players in the market to continue their leadership in the market. The Edwards set its position in the mitral valve market by purchasing the Harpoon Medical, the DMR-aimed chordal surgical mitral valve repair startup company for ~USD 100M upfront.

The Global Structural Heart Devices Market is predicted to observe a CAGR of 10.2% during the forecast period of 2018-2024. Moreover, the market of global structural heart devices is segmented into different sectors which majorly involves type, end users and regions. Whereas, based on the region, the market of structural heart devices is spread across the globe which majorly involves North America, Europe, Asia Pacific, and Rest of the World (ROW). However, the North America registers for the principal share of the structural heart devices market, followed by Europe, Asia Pacific, and Rest of the World. More than 40% of the market is effectively attained by North America regions, with the US being the foremost contributor to the market growth in 2017.

Additionally, on the basis of end user, the market is sectored into hospitals, ambulatory surgical centers, and cardiac centers. Whereas, the hospitals are the principal among end-users and are favored for the treatment owing to the benefits such as availability of surgery specialists, reimbursement facility, and obtainability of high end equipment for the surgery.
Although, the significant growth in the aging population, growing prevalence of cardiovascular diseases, and effective increase in minimally invasive surgery for structural heart diseases are the aspects aiding for the growth of the structural heart devices market. therefore, in the coming years, it is predicted that the market of structural heart devices will increase around the globe more positively over the recent few years.

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Augmenting The Demand For The Biosimilar Globally Market Outlook: Ken Research


The Biosimilars are the authoritatively permitted versions of the innovative biologic drugs, and can be prepared when the original product’s patent deceases. Biosimilars are comparatively inexpensive than their biologic counterparts and hence, consumers have come to choose biosimilars over the biologics in the current years. Not only has this, the biosimilars have an extraordinary capabilities to lower the costs enhancing the patient admittance to life-saving medicines prescription drug costs continue to increase. Moreover, in 2016 the Indian Council for Medical Research predicted approximately 1.4 million new cancer circumstances and by 2020, this number is predicted to increase to 1.7 million. According to the prediction of the International Diabetes Federation, around 82 million people in the SEA economy live with diabetes and the figure is estimated to increase to 151 million by 2045. Whereas, in 2017, the underdeveloped region India alone registered for 72 million cases of diabetes.



The biologics have transformed patient management in numerous disease cases, involving the autoimmune diseases, solid tumors, hematologic malignancies, infectious diseases and hormone deficiencies over the past two decades. According to the expectation of American Cancer Society, nearly 1,688,780 new cancer cases are estimated to be diagnosed and 600,920 are anticipated to die in 2017. According to the report analysis, ‘Global Biosimilars Market 2018-2024’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and registering the high value of market share across the globe in the coming years while decreasing the restraints, spreading the information related to the application of biosimilars and effectively working with the growth strategies and policies includes Pfizer Inc., Novartis AG, Celltrion Healthcare, Dr. Reddy's Laboratories Limited, Teva Pharmaceuticals Industries, Biocon Ltd, STADA Arzneimittel AG, Mylan N.V., Amgen Inc., Synthon Pharmaceuticals Samsung Bioepis Co., Ltd and several other niche players.

The Global Biosimilars Market is estimated to witness a CAGR of 57.03% during the forecast period 2018-2024. Nonetheless, the global market of biosimilars is segmented into different sectors which majorly involves applications, regions and products. Whereas, based on the product the market of biosimilars is sectored into recombinant glycosylated protein, recombinant non-glycosylated protein, recombinant peptides, and others. However, the Recombinant glycosylated protein, that involves the monoclonal antibody and erythropoietin, engaged the foremost share in 2017, and is predicted to increase at a high CAGR in the near years owing to the some factors such as augmented patient admittance to treatment owing to its lower cost associated to its corresponding biological drugs, extensive therapeutic applications, and many block buster mAbs going off patent in next few years.
Although, many of the top selling biologic drugs are going off-patent in the next five years, flooring the method for biosimilar players to attain a strong foothold in the market with their advanced product offerings. The key market players are effective attaining the other companies to develop their product portfolio and to toughen their position in the market.
Nevertheless, the significant increase in the incidences of cancer and chronic diseases, cost efficiency of biosimilars over biologics, strategic collaborations, auspicious pipeline of biosimilars with the termination of biologics patents, and an augmented requirement for such drugs in the underdeveloped countries are the primary factors fueling the biosimilar global market.therefore, in the coming years it is predicted that the global market of biosimilars will increase more positively over the recent few years.

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Indonesia Light Emitting Diodes (LEDs) Market Outlook: Ken Research

The common uses of LEDs are for illumination and indication. Illumination is when you need lights to shine onto something as in the case of flashlights or headlights. The indication is when you need to point something like a turn signal or brake lights. Getting the incorrect lights can harm the eyes of the beholder. These days, LEDs are found everywhere and find their application in all the industries and domestic uses. There are LEDs which are both diffused and clear and serve different purposes.
Indonesia Led Market
They are all very energy sufficient and consume very less amount of energy in comparison to incandescent light bulbs. Thus LED lights are both energy and money efficient. There are decreased maintenance and replacement costs in LEDs. Due to this, there is a surge in the use of these lights in rural electrification projects. Along with these, LEDs are proven to be safer due to the less emission of heat and is cool to touch the bulbs. This means they can be left on for hours and would cause no harm, unlike incandescent lights. The market for LEDs is rapidly advancing with new innovations bringing longevity and increased brightness. LED lightings are preferred by all – professional, commercial, government.
The report “Indonesia Light Emitting Diodes (LEDs) Market - Drivers, Opportunities, Trends, & Forecasts: 2015-2022” gives a detailed analysis of the LED market in Indonesia. The study covers and analyzes the Indonesia LEDs market, bringing out the complete key insights of the industry. The report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and make informed decisions. The top companies in the market are LeKise International, Mouser Electronics, SolarensLedindo, PT Philips Indonesia and PT OSRAM Indonesia.
In the Southeast Asia’s belt, Indonesia is an important market for LEDs. Though the country has a high population, electricity penetration is poor and this makes Indonesia one of the countries with high power shortage. Even Jakarta, the capital of Indonesia faces occasional blackouts due to power shortage. Government’s initiatives to make the country self – sufficient in a few years will ensure a steady supply. They plan to reach there by investing in solar lighting equipment. With increased investment in solar power and growing awareness on uses of non-conventional sources of energy, it is expected to increase the market for LED lighting applications in commercial and traffic lighting.  Indonesia’s collaboration with China on their One Belt One Road (OBOR) is also expected to boost the market for LEDs.
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Wednesday, May 29, 2019

Increased Number of Vehicles, Coupled with Increased Government Initiatives towards the Road Safety Development to Drive the Global Road Safety Market over the Forecast Period: Ken Research

Traffic safety includes crash cushions, median barrier, truck escape ramps, guardrail & end treatments and breakaway supports for signs & light standards. As countries make road safety a priority and adopt policies and measures to improve road safety, accurate monitoring and evaluation methods are required in providing the information for related to road safety solutions.

According to study, “Global Road Safety Market -By Solutions (Red light enforcement, Speed enforcement, Incident detection & communication system, Bus lane compliance, Automatic license plate recognition, & Others); By Services (Professional services, Managed services); By Technology(Radar & Sensor-based devices, Analytics, and Surveillance); By Regions (Americas, EMEA, and, APAC) Drivers, Opportunities, Restraints, Trends, and Forecast to 2024” some of the major companies that are currently working in the global road safety market are Motorola Solutions, Aabmatica, Rad Data Communication, American Traffic Solutions, Jenoptik AG, Redflex Holdings, 3M, Trifoil, Conduent, Laser Technology, Sensys Gatso Group AB, Swarco AG, Alcatel Lucent, Kapsch TrafficCom AG, Vitronic, Thales Group S.A., Optotraffic, Idemia, Kria, Alcatel-Lucent, Tyco, Clearview Intelligence, Cubic Corp., Truvelo, Syntell, Flir Systems Inc., Traffic Management Technologies, Zhejiang Dahua Technology Co Ltd., Information Engineers Group, Siemens AG. These companies are offering real time traffic flow systems, enforcement suites, and video surveillance solution & communication system to handle traffic obstruction with the elevated reliability for maximizing safety on roads.

Based on type of components, global road safety market is segmented into services components and solutions components. Services components include managed services and professional services (system integration & deployment, consulting & training and support & maintenance). Solution components include incident detection & response, automatic license plate recognition or automatic number plate recognition (ALPR or ANPR) and enforcement solution etc. Enforcement solution is further sub-segmented into speed enforcement, section enforcement, red light enforcement and bus lane enforcement. Based on technology mode, the market is split into analytics technology, radar & sensor-based devices and surveillance technology. Growing traffic volumes need sensor-based technologies to handle both urban & non-urban traffic. Sensors help drivers by providing essential information like lane departure warning, collision warning and high-beam assist. In addition, based on application mode, the market is divided into tunnels, highways, bridges, urban roads and others.

The global road safety market is primarily driven by the increase number of vehicles, increasing number of government initiatives for enhancing road safety, increase in the penetration rate of connected devices, rapid urbanization, increasing number of road accidents or fatalities and growing adoption of cloud computing. Apart from benefits, some of the restraints include growing concerns about privacy & protection of personal information and lack of standardized & uniform technologies. Moreover, the key opportunities include open data movement and public-private partnership ecosystem.

The American region is probable to lead the market, with Canada and U.S. being the forefront adopters of technologies with improved test facilities & rapid implementations backed with enough funding to execute infrastructural projects speedily compared to other regions. The global road safety market is expected to reach US $7.01 billion by 2024, growing at a higher growth rate of 17.1% during the forecasted period. The experience in development due to rise in the number of vehicles on road and increased mobility. In addition, the development of infrastructure protecting pedestrians & cyclists, construction of safer roads, and adoption of safer riding measures to further reduce injuries & adding to the safety among the population.

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Growing Demand For The Supervisory Control And Data Acquisition (Scada) Systems oil And Gas Market Outlook: Ken Research


However unsurprisingly, in the last decade, the dependence of oil and gas industry on automation has augmented and is anticipated to double in the forecasted period. The segment of automation has developed from the distributing of hardware equipment with the aftermarket services to becoming more service based, contribute tools that can translate massive volumes of data into meaningful, intelligent information that can be leveraged to make imperative business pronouncements. Although, SCADA indicates an exceedingly configurable set of industrial software submissions that can be utilized to support management of almost any form of production procedure. Furthermore, the players of SCADA systems in the oil and gas industry are playing an important role while increasing the ability of this system to collect data at remote oil and gas sited for decreasing the personnel visits and developing the industrial processes more significantly which further benefitted for leading the fastest market growth during the forecasted period more positively.



According to the report analysis, ‘SCADA Systems in Oil & Gas Industry: Global Market by System Component, Architecture Type, Operation Stage and Geography 2014-2023’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and dominating the handsome value of market share around the globe more positively while betting that SCADA will be commanding platform solution for streamlined operation at many different points in the oil and gas supply chain includes ABB Ltd., Emerson Electric Co., Endress+Hauser AG, Fanuc Corp., General Electric Co., Hitachi, Ltd., Honeywell International Inc., International Business Machines Corporation (IBM), Larsen & Toubro Limited, Mitsubishi Electric Corp., Omron Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, TechnipFMC plc, Yokogawa Electric Corporation and several others. Moreover, the supervisory control and data acquisition (SCADA) efficiently based on the automation and control technology has been utilized for the remote management of the critical pipeline infrastructure.

Although, the SCADA is extremely applied in the midstream, upstream and downstream oil and gas segment in the United States. However, in the upstream segment, its performance is often stereotyped as being largely in support of remote data transmission. Not only has this, SCADA, integrated with ERO, is becoming widespread in the oil and gas industry, due to the aim on the safety. In the downstream associations, such incorporation is enabling associations to appropriately map business procedures, control mechanisms and risk factors, thus reorganization the resource usage and maintenance abilities.

Additionally, the global market of SCADA systems in oil and gas industry is sectored into different segments which majorly involves system component, architecture type and operation stage and country. Whereas, based on the system component, the market is further divided into Supervisory Station, Remote Terminal Unit, Programmable Logic Controller, Human Machine Interface, and Communication Infrastructure for instance, on the basis of architecture type, the market is split into Hardware, Software and Services. Therefore, with the efficient market segmentation, it is predicted that the market of SCADA system in the oil and gas industry will increase more positively across the globe over the forecasted period.

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Handsome Growth in the Trends of Global Fraud Detection and Prevention Market Outlook: Ken Research


The fraud detection and prevention systems are the software applications utilized to deliver the analytical solutions for against the fraud incidents and aid to identify or safeguard future occurrences. Whereas, the fraud detection and prevention solution assists associations operate more efficiently while saving the costs, which has been the major factor for the market growth. Not only has this, the identity theft application field sector is anticipated to account the growth at the uppermost CAGR in the FDP market throughout the reviewed period. However, the identity theft or identity fraud is mistreating a person’s identity or credentials by some other person for the fraudulent businesses/transactions or criminal activities. The stole identity is utilized by the cyber criminals for generating the fraudulent procurements or the transactions for their personal gains.


Additionally, in the present era, the potential enterprises are more susceptible to incidents of frauds that may result in financial losses due to the creation of the massive amounts of enterprise data and effective growth in the technological advancements. According to the report analysis, ‘GLOBAL FRAUD DETECTION AND PREVENTION MARKET SIZE STUDY, BY COMPONENT (SOLUTION AND SERVICES), BY APPLICATION AREA (IDENTITY THEFT, PAYMENT FRAUD, MONEY LAUNDERING AND OTHERS), BY DEPLOYMENT MODE (CLOUD AND ON-PREMISES), BY ORGANIZATION SIZE (SMALL AND MEDIUM-SIZED ENTERPRISES AND LARGE ENTERPRISES) AND BY VERTICAL (BANKING, FINANCIAL SERVICES, AND INSURANCE, RETAIL, TELECOMMUNICATION, GOVERNMENT/PUBLIC SECTOR, HEALTHCARE, REAL ESTATE, ENERGY AND POWER AND MANUFACTURING )AND REGIONAL FORECASTS 2018-2025’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and dominating the handsome value of market share around the globe in the coming years more positively while developing the working techniques and adopting the expansion policies more enormously for augmenting the application of decreasing and detecting frauds and generating the handsome value of revenue throughout the reviewed period includes Fico, IBM, Fiserv, FIS Global, ACI Worldwide, Bae Systems, Experian, Lexisnexis Risk Solutions, Iovation, Friss, Nice, DXC Technology, Dell Technologies, SAS Institute, SAP and several others.

The Global Fraud Detection and Prevention Market is valued at around USD 19.2 billion in 2017 and is predicted to increase with a healthy growth rate of more than 26.5% over the forecast period of 2018-2025. The significant increase in the frauds and its related loss is anticipated to fuel the market growth more positively. According to report of National Audit Office (NAO) United Kingdom, in 2016 approximately 1.9 million cyber associated fraud incidents was found in United Kingdom that results into loss of nearly USD 11.35 billion. Thus, the growth in the cases of fraud and its cost is predicted to drive the fraud detection and prevention market over the review period.

Additionally, the establishment of the big data analytics and cloud computing services, and speedy growth in the mobile banking are the other foremost factor that drive the growth of the fraud detection & prevention market more significantly across the globe. The Cloud infrastructure enables the organizations to encounter the cloud security compliance demands for the encryption, separation of the duties, and admittance control of endangered data. In addition, the growth in the generation of enterprise data and its complication, extraordinary industry-specific requirements, and augment in the incidence of fraud further enhancement the fraud detection & prevention market growth.
Therefore, in the coming years, it is anticipated that the market of fraud detection and prevention will increase around the globe more positively over the forecasted period. 

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Philippines Fitness Service Market is Driven by Growing Number of International Players, Adoption of Aggressive Marketing Strategies and Increasing Focus on Value Added Services & Personal Training Provided: Ken Research Analysis


Rising health awareness, diversifying services portfolio with new value added services in the organized sector, increasing health problems including diabetes, obesity, stress & others, establishment of new fitness centers by international players and rising demand for personal training services will be the key factors driving growth in Philippines Fitness Service Market”.

Analysts at Ken Research in their latest publication Philippines Fitness Service Market Outlook to 2023 - By Revenue Streams (Membership Fee and Personal Training), by Membership Subscription Package (1 Month, 3 Months, 6 Months & 12 Months), by Regions (Luzon, Visayas and Mindanao) and by Gender believes that an increase in the number of fitness centers, adoption of active marketing strategies and high disposable incomes would surge the overall revenue generated in Philippines Fitness Services market. The market has witnessed a positive CAGR of close to 8% in terms of revenue collected from membership fees and personal training sessions, during the review period 2013-2018.

Rise in the Number Of Women Specific Fitness Gyms: In 2018, it was observed that although the male population has been more active & responsive towards personal health regime by joining fitness service centres, women opting for fitness services is quit comparable. The organised gyms have more skewed proportion owing to high cost of personal training & professionalism involved. This gap is expected to be bridged with the establishment of more number of women specific fitness gyms such as Curves fitness Gym. Provision of special classes for women in mixed gyms is also expected to increase women penetration in the market by 2023.


Heath Awareness Events/Workshops to Propel People towards Joining Gyms: Existing players, government and various NGOs have contributed well towards analysing the importance of being fit. Westernisation and fashion trends would accompany this effort hence, has already influenced people to join fitness centres at a young age. Smart marketing strategies, opting for fitness brand ambassadors, sampling would prove to be the tactics of the next generation fitness industry.

Business Partnerships and Tie-ups: Corporate tie-ups with special custom made packages offering discounts are expected to increase market penetration by 2023. The disposable income of the Filipinos has been anticipated to increase at the growth rate of approximately 14% during the period 2018 to 2023. It is expected that in general, people would then opt for costlier membership packages offering supplementary sauna, pool, shower and other facilities.

Players operating in the fitness market have consistently adopted innovative marketing strategies in order to gain a competitive advantage. Fitness centers have regularly involved themselves in promoting gym services not only amongst higher income groups but also in middle income groups through adjusting their pricing policies. The fitness centers in Philippines have started providing all-inclusive memberships. They have been providing cheaper renewal options and include one to two months freezing free in the long term packages to attract customers.

Key Segments Covered:-
By Market Structure (On the basis of Revenue, Number of Members, Number of Gyms Centers)
Organized
Unorganized

By Revenue Streams
Membership Fees
Personal Training Fees

By Membership Subscription Packages (On the basis of Revenue, Number of Members)
1 Month
3 Months
6 Months
12 Months

By Regions (On the basis of Number of Gyms)
Luzon
Visayas
Mindanao

By Gender (on the basis of Revenue and Number of Members)
Male
Female

Key Target Audience:-
Organized Fitness Service Centers/Gyms (Branded)
Women Fitness Service Centers
Mixed Fitness Service Centers
Major Fitness Equipment Manufacturers
Investors
Fitness Managers
Fitness Club Franchisers
Personal Training Certification Institutes
Standalone Yoga Centers

Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023

Companies Covered:-
Anytime Fitness
Pound for Pound
Snap Fitness 24/7
Krav Maga
Fitness First
Gold’s Gym
Slimmer’s World International
Beyond Yoga
360 Fitness
Bliss Yoga
UFC Gym
Curves Fitness
Kerry Sports Manila

Keywords:-
Philippines Fitness Market
Pilates Market Philippines
Yoga Studio Market Philippines
Fitness Industry Philippines
Health Club Market Philippines
Philippines Gym Revenue
Philippines Gym Market Analysis
Philippines Gym Industry
Philippines Gym Members
Philippines Gym Outlets
Philippines Gym Membership
Philippines Gym Fees
Filipino Fitness Services Market
Philippines Fitness Sector
Philippines Fitness Region
Philippines Fitness Growing
Philippines Fitness Growth
Fitness Gyms in Luzon
Fitness Gyms in Visayas
Fitness Gyms in Mindanao
Trends Philippines Fitness
Philippines Fitness Forecast
Gold’s Gym Sales Philippines
UFC Gym Philippines Price
Curves Fitness Philippines Fee
Gym Franchise in Philippines
Philippines Yoga Revenue
Philippines Yoga Market

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