Growing Mobile Gaming Market, Followed by Increased Integration of Augmented Reality Based Mobile Devices to Drive the Augmented Reality (AR) Gaming Market Over the Forecast Period: Ken Research

The augmented reality (AR) provides innovative technology which contains digital information by a composite view to user in the real-time. The AR technology permits gamers to scan physical world using an augmented experience via providing digital information. AR gaming refers to the management of visual & audio content of a game with the customer’s environment. Its main aim is to connect the virtual world with the real world & utilize the existing surroundings to make a playing field with it. The AR operates in devices for instance smart phones, tablets, laptops, and portable gaming systems. It uses the fixed cameras on mobile devices to cover objects & animations into existing worldview. In AR gaming, the occurrence of gaming is characterized into four aspects like emotional, social, mental, and physical. There is an increasing trend of using AR in the entertainment industry which provides a much more interactive way of game play contrasted to traditional game plays. AR Quake is a famous AR games in which the customer has to wear a head-mounted exhibit to play the game. Some other popular AR games are Splitter Critters, Stack AR, Shadows Remain, Pokemon Go, Conduct AR, Arise, Follow Me Dragon, My Tamagotchi Forever and The Machines.

According to study, “Augmented Reality (AR) Gaming Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023” some of the major companies that are currently working in the augmented reality gaming market are Nintendo Co. Ltd., Aurasma, Gamer, Microsoft Corp., Infinity Augmented Reality, Schneider Electric S.E., ABB Group, Qualcomm, Metaio, Vitaphone GmbH, Total Immersion, Wikitude, Assisted Living Technologies, Inc., VividWorks, Legrand SA, Tunstall Healthcare Ltd., Zappar, Catchoom, Apple, CareTech AB, Siemens AG, Honey International Inc., Augmented Pixels, Blippar, Google Inc., Niantic Inc., Sony Corporation. These key players are investing in the integration of AR technology into their products & providing enhanced gaming features to the consumers.

Based on game types, the augmented reality gaming market is segmented into fighting games, puzzle games, racing games, mystery thriller games, science fiction games, adventure games and shooting games. Based on components, the market is segmented into hardware components and software components. Based on devices, the market is segmented into HMDs, mobiles and smart glasses. Based on technology, the market is segmented as mobile tracking, RFID, GPS and others.

Most of the organizations are extremely investing in higher solutions which combine AR games into mobile devices, enrich business expansion, enable them to improve client experience, and increase revenue during the calculated period. Additionally, the data security breach is one of the key concerns of the market.

The augmented reality gaming market is primarily driven by growing mobile gaming market, followed by increased integration of AR into mobile devices, growing affordability & availability of games in the mobile devices, growing online population, rising demand for IoT-based applications and technology advancements in video gaming. Apart from the major profits, some of the key restraint impacting the market includes high cost of games and lack of content in AR. In addition, increase in research & development or R&D investments in AR is expected to remain a key opportunity to the market.

The AR gaming market is expected to reach US $284.93 billion, by 2023. Over the forecast period it is estimated that the market to increase internet penetration and online gamers globally providing a significant opportunity for the market development.

For more information, refer to below link:-

Global Augmented Reality (AR) Gaming Market

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Augmented Reality For MRO

Virtual & Augmented Reality in Tourism

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Profitable Landscape of the Us Inhalation Systems Market Outlook: Ken Research

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For the patients, the appearance of the inhaled drug therapy has been a significant advantage with the respiratory disorders such as COPD and the asthma due to its painless and flexible administration when equated to the injections. There are several types of the inhalation systems obtainable in the market, and these involve inhalers and nebulizers. The two greatest frequent prevalent respiratory disorders are the asthma and COPD.

According to the report analysis, ‘US Inhalation Systems Market Forecast up to 2024’ states that there are several key players which are presently functioning in this sector more actively for dominating the highest value of market share and leading the fastest market growth in the short span of time while increasing the prevalence of the respiratory diseases, effective advancements in the technology and decreased in the side effects allied with the drug inhalation includes Omron Corp., Boehringer Ingelheim GmbH, PARI GmbH, Philips Healthcare, Teleflex Incorporated, 3M, AptarGroup, Inc., Agilent Technologies, Inc., AstraZeneca PLC, Inspiro Medical Ltd., Teva Pharmaceutical Industries Ltd., Monaghan Medical Corporation, GlaxoSmithKline plc, Becton Dickinson.

According to the WHO, approximately 235 million people are presently suffering from the asthma, and it is very much general in the children. The Chronic respiratory disease such as asthma and COPD are accountable for the considerable financial and health burden in the US, and in 2015, 6.7% death in the US were owing to the chronic respiratory disorders. Moreover, chronic obstructive pulmonary disease is the third important reason of death around the globe, in 2016 accounting for approximately 3 million deaths. State of West Virginia has the uppermost pervasiveness of COPD, and nearby 12% of the populace are detected with COPD.

However, in the present years, there is an augment in the approvals owing to the acceptance of the systems and also the drug companies are introducing the new inhalation systems and cooperating with the other vendors to enhance the innovative devices in the market. For instance, in February 2017, FDA permitted two products advanced by Teva Pharmaceutical Industries Ltd., ArmonAir RespiClick and AirDuo RespiClick, to delight the adolescent and adult patients with asthma.

Additionally, the US Inhalation Systems Market is predicted to witness an effective CAGR of 5.8% during the forecast period of 2018-2024. Whereas, the market of inhalation systems in US is segmented into different sectors which majorly involves products, applications and end-users. Whereas, based on the end user, the market is further divided into hospitals, ambulatory care centers, and home care centers. For instance, the hospitals attained a major market share in 2017, and home care sector is predicted to increase during the forecast period owing to the ease in the utilization of modern products, less homecare cost, and the accessibility of reimbursement.

Although, the US inhalation systems market is fueled by an upsurge in the prevalence of respiratory diseases, augmenting the geriatric population, and favorable reimbursement. Therefore, in the coming years, it is predicted that the market of inhalation systems in US will increase more positively over the recent few years.

To know more, click on the link below:-

US Inhalation Systems Market

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Indonesia Used Car Market Outlook to 2023: Ken Research

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The report titled “Indonesia Used Car Market Outlook to 2023 - Rising Popularity of Online Platforms and Reduction in Average Ownership Period to Drive Used Car Sales“ provides a comprehensive analysis of used car/ pre-owned car services in Indonesia. The report focuses on the overall market size, segmentation by market structure (unorganized and organized sector), by unorganized distribution channel of (C2C and local dealership) and organized distribution channel (multi-brand dealership, repossessed cars, OEM Certified outlet), by unorganized and organized lead generation source (dealership walking, online auto portal), by type of used cars (MPV/Sedan, Economy/Hatchback, SUV), sales by major cities (Jakarta, Surabaya, Medan, Bandung and others), by type of used passenger cars (Private/Commercial), by kilometers are driven, by year of manufacture, by fuel type (gasoline, diesel and others). The report also covers the overall competitive landscape; government role and regulations, issues and challenges, trends and developments. The report concludes with market projections for the future, highlighting the major opportunities and cautions.

Indonesia Used Car Market Overview and Size

The used car industry in Indonesia had a lack of transparency and customer assurance which made used car buying risky in the country. Previously, people used to prefer buying used cars in Indonesia on the basis of suggestions given by friends and families which were not up to the mark in terms of quality check. The market was dominated with numerous unorganized used car dealers (consisting of local dealerships, local vendors and others) that provided second-hand cars at cheaper rates and it benefited the price-sensitive customers within Indonesia. The biggest evolution can be seen via the organized structure which constitutes multi-brand organized showrooms and OEM certified dealerships that provide numerous used car brands which are subsidiaries of international automobile brands? Growing smartphone and internet penetration in Indonesia led to the emergence of online auto classified portals such as OLX, Mobil123, Carmudi, Mobil88, Oto.com, BeliMobilGue and others which have created a trading platform where both potential buyers and sellers can visit and indulge in a C2C transaction from the convenience of their home. The market has attained speedy growth over a period of five years from 2013 to 2018. The demand for used cars has seen a constant rise over the past few years.

Indonesia Used Cars Market Segmentation

By Market Structure

In 2018 the sales volume through the unorganized sector is generated through individual sellers (C2C) and local dealerships who collectively contributed to a majority of the proportion in the overall used cars market.

By Distribution Channel

Unorganized- Due to higher discounts are given by the unorganized market, the majority of transactions conducted in the market are through C2C or local dealership channel. The local dealership channel controlled a major proportion of the total sales volume in the unorganized used car market during 2018. C2C trade-in had the remaining where potential buyers and sellers negotiate themselves without any involvement of a third party.

Organized- Within the organized space, multi-brand showrooms and OEM certified outlets took had a massive market share in terms of sales volume whereas, the remaining volume share was captured by the bank repossessed cars segment during the year 2018.

By Type of Used Car

MPVs and sedan have dominated the sale of used cars in Indonesia during 2018 due to an increase in demand for bigger cars because of growing family sizes in Indonesia. Economy and hatchback had the second highest market share followed by SUV.

By Major Cities

Jakarta dominated the sales of used cars in Indonesia because of the large population base and high disposable income. Surabaya had the second highest sales followed by Medan, Bandung and other small cities.

By Kilometers drove

Pre-owned cars are driven for a range of 50000-80000 km collectively dominated the Indonesian Used car market. Cars who have clocked around 50,000-80,000 km are highly affected in terms of checking mechanical conditions (car battery and others) of the vehicle, physical conditions (tires, paint, scratches as well as dents and others) causing wear and tear thus, reducing the total price of the vehicle.

Competitive Landscape in Indonesia Used Cars Market

Competition within Indonesia used cars market was observed to be highly fragmented with the presence of a large number of local dealerships, small mechanics and individual sellers, which collectively makes up the unorganized space. Majority of the used cars market in terms of sales volume was observed to be highly unorganized. On the other hand, the market constitutes of the organized players like Mobil88, Tunas, Andre Motors Auto2000, Sun star motors. There are OEM certified players too such as Toyota Trust, Autosafe, Mercedes Certified, BMW premium selection. The online lead generation happened through major online auto portals such as OLX, Carmudi, Mobil123, and others. Certification and authentication, brand, price, mileage and performance, engine quality/power and a total number of dealers are some of the critical parameters on the basis of which companies compete in the organized segment.

Indonesia Used Cars Market Future Outlook and Projections

It is anticipated that the used cars a market in Indonesia will continue to grow in the coming years as used vehicles are much cheaper to purchase than a new one. The used car industry in Indonesia is likely to witness vibrant growth in terms of sales volume in 2023E years owing to the introduction of new car variants along with the rising aspirations of low and middle-income consumers in the country. Stabilization of macro-economic variables and an overall improvement in the standard of living in low-income regions including Lampung, Denpasar, and Palembang is projected to boost sales in the used car market. The market is expected to be driven by higher sales of luxury cars and MPV’s due to the increasing brand consciousness coupled with the growth in a number of families.

Key Segments Covered:-

Market Structure

Unorganized Sector

Organized Sector

Distribution Channel

Unorganized (Local dealership, C2C)

Organized (Multi-brand dealership and OEM certified, Repossessed cars)

Unorganized and Organized lead generation source

Dealership Walk-ins

Online Auto Portal

Type of used cars

MPVs/Sedan

Economy/Hatchback

SUV

Sales by major cities

Jakarta

Surabaya

Medan

Bandung

Others

Type of Used passenger cars

Private

Commercial

Kilometers driven

>5000

5000-20000

20000-50000

50000-80000

80000-120000

120000 and above

Year of manufacture

Before 2000

2000-2002

2003-2005

2006-2008

2009-2012

2013-2018

Fuel Type

Gasoline

Diesel

Others (Hybrid, electrical, CNG)

Key Target Audience

Automobile Companies

OEM certified companies

Online Classifieds

Multi Brand Organized Car Dealers

Time Period Captured in the Report:-

Historical Period - 2013-2018

Forecast Period - 2019-2023

Companies Covered:-

Multi-brand Dealerships (Mobil88, Andre Motors, Auto2000, Tunas, Sun Star motors and others)

OEM Certified Dealerships (Toyota Trust, Hyundai Autosafe, Mercedes certified, and BMW premium select)

Online auto portals (OLX, Mobil123, Carmudi, Mobil88, OTO others)

Key Topics Covered in the Report:-

Executive Summary

Research Methodology

Indonesia Used Cars Market Overview and Genesis

Business Models Prevalent in Indonesia Used Cars Market

Indonesia Used Car Market Size, 2013-2018

Ownership Transfer Registration for Cars in Indonesia

Indonesia Used Car Market Segmentation

Customer Profile in Indonesia Used Car Industry

Decision Making Process for Buying and Selling Used Cars in Indonesia

Government Regulation in Indonesia Used Car Market

Trends and Developments in Indonesia Used Car Market

Issues and Challenges in Indonesia Used Car Market

Comparative Landscape in Indonesia Used Cars Market

Indonesia Used Car Market Future Outlook and Projections, 2019-2023

Analyst Recommendations for Indonesia Used Cars Market

Macroeconomic Factors Affecting Indonesia Used Cars Market, 2013-2023

For More Information On The Research Report, Refer To Below Link:-

Indonesia Used Car Market Outlook

Related Reports by Ken Research:-

China Used Vehicle Market Outlook to 2022 - by Type of Vehicle (Sedans, SUVs, Micro Vans, MPVs, Trucks, Buses, Cross Type Vehicles, Trailers, Motor Cycles and Low Speed Trucks), by Vehicle Age, by Distribution Channels, by Region, by Price of Vehicle

Russia Used Car Market Outlook to 2022 - by Type of Car (Sedans, Crossovers and SUVs, Hatchbacks and Others include Micro Vans and MPVs) by Car Age, by Distribution Channels (Dealers and Online)

India Used Two Wheelers Market Outlook to 2023 – By Unorganized and Organized Sector, By C2C and B2C Distribution Channel, By Stock Piece and Customized Two Wheelers; By Motorcycles and Scooters”

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Ken Research
Ankur Gupta, Head Marketing & Communications
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+91-9015378249

Convergence In The Global Smart Signaling Market Outlook: Ken Research

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Smart traffic signals are a portion of an assimilated traffic management system, utilized for the well-organized control of the traffic from a centralized location. Such systems are prepared with the entrenched sensors that are utilized to scrutinize the peak traffic volumes all day. The Smart traffic signals and sensors efficiently hold the flow of traffic around the cities in response to unambiguous requirement levels. With this employment, there will be a deduction in the traffic overcrowding by flattening the traffic flows and highlighting the traffic in response to need in the real time and decrease in the pollution around the city. Moreover, such system support more enormously in the eradication of stop-start driving, which is unproductive and contaminating. Not only has this, the smart signal gathers the event-based high-resolution traffic information from the multiple connections instantaneously and generates the real-time signal performance processes, involving the arterial travel time, number of stops, procession length, connection delay, and level of service.

According to the report analysis, ‘Smart Signalling Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts 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 dominating the handsome value of market share around the globe more positively while increasing the applications of integrated traffic management systems, working on the weak points of such systems and studying the policies of legal authorities more effectively involves Onnyx, Trafficware, Rapid Flow Technologies, GE, Siemens AG, and several others.

According to research, the global smart signaling market is predicted to reach revenue of USD 339.5 million by 2024, increasing at an estimated CAGR of around 41.4% during the forecast period. Moreover, based on the region, the Europe is anticipated to be one of the significant regions in the smart signaling market, due to the high investment in smart city and smart transportation projects for decreasing the congestion and developing the traffic flow. Nonetheless, the Asia Pacific region and MEA are predicted to be the fast-increasing regions owing to the augmenting concern toward congestion-free roads. The European Union (EU) is the important adopter of smart signaling in Europe economy. EU has broadcasted to spend over USD 1.2 billion on transport infrastructure around the EU countries. The mission would majorly aim on building infrastructure to attain the low-emission mobility to allow the sustainable transport.

Although, the continuing smart mobility investments are leading in the mobility-as-a-service business model. The smart regions in the UK, Switzerland, Finland, and Spain have previously seen mobility-as-a-service obtainable on a monthly subscription basis to the commuters. Furthermore, the market of smart signaling is likely to observe a considerable growth with augmenting government initiatives towards building the smart and supportable cities. Numerous smart city initiatives around the US and Canada have begun executing the pilot projects for smart signaling. The Canadian cities, Toronto and Montreal, are predicted to attain the smart signaling systems as the inhabitants spent over 45 hours in traffic per annum in 2016 and 2017. Therefore, in the coming years, it is predicted that the global market of smart signaling will increase more positively over the recent few years.

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

Smart Signalling Market Research Report

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Ankur Gupta, Head Marketing & Communications

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The Health Problems Such as Obesity Pandemic Followed by, High Cost of Healthcare Treatment to Drive Global Artificial Intelligence in Diabetes Management Market over the Forecast Period: Ken Research

Artificial intelligence or AI is an area of computer science which emphasizes in creation of smart machines which work & reacts like humans. The AI in healthcare uses software and an algorithm to fairly accurate human cognition in analysis of composite medical data. Diabetes is a metabolic disorder illustrated by the lack of insulin in the pancreas. The main cause of the diabetes is mellitus includes genetics and unhealthy lifestyle. Diabetes mellitus condition in which a person has high blood glucose levels. Insulin-dependent (type 1) diabetes which can be controlled by monitoring the blood glucose levels and blood tests which are performed throughout the day by adjusting the insulin levels based on such readings. This invasive method is time-consuming, inconvenient, painful, and not good enough for managing a dynamic & complex disease condition for instance diabetes. In addition, the non-invasive methods of blood glucose measurements including insulin delivery are under the development.

The diabetes cure is dependent on the type of diabetes, and its strictness. The technological development is expected to be more advanced in AI is expected to continue and will remove the disorders related to diabetes mobile solutions & healthcare sector.

According to study, “Global Artificial Intelligence in Diabetes Management Market: Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023” the key companies operating in the global artificial intelligence in diabetes management market are IBM Corporation, Tidepool, Apple Inc., Bigfoot Biomedical, Glooko Inc., XBIRD, Sensyne Health plc., Google Inc. Diabnext, Vodafone Group Plc., Livongo Health, Medtronic, medicsen, PredictBGL, DreaMed Diabetes, Ltd., GlucoMe, Hedia, Sweetch, Virta Health Corp, TypeZero Technologies, Inc., Wellthy Therapeutics Pvt Ltd. These vendors come with a thought of several applications in diabetes management which would facilitate in controlling & managing diabetes. In addition, the increase in use of mobile phones permitting these vendors to design apps which directly or indirectly assist to manage the diabetes mellitus.

Based on device type, global artificial intelligence in diabetes management market is classified into diagnostic devices, glucose monitoring devices, insulin delivery devices and other devices. Based on type of techniques market is segmented into intelligent data analysis and the case-based reasoning. Based on type of methods the market is segmented into convolutional neural network (CNN), fuzzy logic or fuzzy system, random forest, Support vector machine (SVM), multilayer perceptron, logistic regression, K-nearest neighbors algorithm and natural language processing. Based on application form market is segmented into predictive population risk stratification, clinical decision support, automated retinal screening, patient self management tools and others. In addition, based on end-users, market is segmented into diabetes management centers, hospitals & clinics and research institutes.

The global artificial intelligence in diabetes management market is primarily driven by rise in urbanization. Some of the driven factors include obesity pandemic, favorable demographics and rising healthcare costs. Apart from benefits, the major restraining factors include lack of curated data sets, less digital savvy patients, reimbursement & cost coverage issues and patient privacy & data security concerns. Additionally, some of the other key opportunities include rise in prevalence for all types of diabetes, growing product innovations, democratization of knowledge and growing usage of mobile technology in diabetes management.

Diabetes is a chronic disease that widely impact the global population. It is a global epidemic & the most costly disease. Center for Disease Control and Prevention, the U.S. incurs $245 billion a year in lost wages. Additionally, millions of people are distressed with the diabetes globally and this number is growing at a rapid pace creating a profitable opportunity for companies & entrepreneurs. In the upcoming years it is expected that the global artificial intelligence in diabetes management to grow rapidly due to rising the digital affinity.

For more information, click on the link below:

Global Artificial Intelligence in Diabetes Management Market

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Ankur Gupta, Head Marketing & Communications

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Increase in Demand for Mobile Phone Application for Payment, Health & E-Commerce Industries to Drive Asia Pacific A2P SMS Market Over the Forecast Period: Ken Research

Application to Person or A2P is an emerging messaging form of telecommunications. A2P is also known as enterprise or business SMS. A2P SMS offers updates related to authorized info (secure info), notifications, transactions, reminders, promotions, alerts, search and enquiry without any monetary deductions. It is a gainful communication tool for end-users to boost their customer base, lower implementation costs, reduce operation costs, reach billions of customers, and improve the brand visibility in customer landscape.

According to study, “Asia Pacific A2P SMS Market-By Services (Transactional & Promotional), By Verticals (BFSI, Retail, IT & Telecom, Transport, Media & Entertainment, Healthcare, Government, Utilities & Logistics, Education), By Countries-Drivers, Opportunities, Trends, and Forecasts, 2016-2022” the key companies currently operating in the Asia-Pacific A2P SMS market are Vodafone Group, MBlox, Wegus Infotech, SK Telecom Co Ltd, Tyntec, Bharti Airtel Ltd, Infobip, CLX Communications, Genesys Telecommunications, China Unicom Ltd, 3Cinteractive, mGage, Singapore Telecommunications Ltd, Silverstreet BV, Vibes Media, Syniverse Technologies LLC, SAP SE, Tanla Solutions Ltd, SO Mobile, Nexmo Co. Ltd., AMD Telecom S.A., Forty Two Telecom AB, Soprano, Orange Business Services, Wavecell, TATA Communications Ltd, RouteSMS Solutions Ltd.

Based on services, Asia-Pacific A2P SMS market is segmented into promotional services and transactional services. Promotional services include pushed content services, promotional campaigns and inquiry & search services. Transactional services include interactive services and customer relationship management (CRM). Interactive services are One Time Password (OTP) interactive services, Unstructured Supplementary Service Data (USSD) and Two Factor Authentication (2FA). The transactional services extensively getting adopted in enterprises as a result of the increase in different business activities (online purchase & mobile banking or net banking etc.) via mobile phones. Based on verticals, market is defined as retail, transport, telecom, utilities, entertainment and BFSI. In addition, based on countries, market is segmented into developing and developed countries. The key developing countries adding to major market includes India, Vietnam, China, Philippines, Malaysia, Thailand, and Indonesia. The developed countries include ANZ, Singapore, Japan, and South Korea. China is the foremost country for this market growth followed by Japan & India.

The Asia-Pacific A2P SMS is primarily driven by rising demand for A2P SMS platform in enterprise sector, followed by increasing demand for mobile application (mobile banking, mobile payment, mobile health & e-commerce), increase in mobile subscriber base, rising population and no need of internet. Apart from advantages, some of the restraints are changing customer lifestyle, lack of infrastructure, growing business models and government regulatory. Additionally, some of the key opportunities are increasing adoption of smart technologies, A2P SMS platform is enterprise business strategy and business opportunities in South-East Asian countries.

It is anticipated that the Asia-Pacific A2P SMS market to grow at a CAGR of 6.3% during 2016-2022 to cumulative US $26.31 billion by 2022. In the forecast period it is expected that the Asia Pacific region to grow at a faster rate owing to the mounting mobile subscriber base (feature to smart-phone), internet user base, population, and emerging Internet of Things (IoT) technologies for instance connected cars, identity verification, smart home, and mobile commerce. In addition, the adoption & penetration of the A2P SMS technology are anticipated to support the market growth over the forecast period.

For more information, refer to below link:-

Asia Pacific A2P SMS Market

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America A2P SMS Market Report 2016-2022

Global Enterprise A2P SMS Market Analysis 2013-2018 And Forecast 2019-2024

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

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

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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.

To know more, click on the link below:-

Global Structural Heart Devices Market

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Ankur Gupta, Head Marketing & Communications

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