Dynamic Landscape Of The North America Vitro Diagnostics Market Outlook: Ken Research

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In the vitro diagnostics are medical devices and the accessories effectively utilized to function the tests on the samples in order to support the detect infection, prevent the patient from hazardous diseases, monitoring the drug therapies and diagnose medical conditions. Moreover, the range of devices varies from the simple tests to sophisticated DNA technology involving the calibrators, kits, control materials, reagents, software, and several other relatable instruments. Furthermore, these in vitro diagnostics can involve the next-generation sequencing the tests, which scan a person’s DNA to perceive the genomic dissimilarities. Most of the tests are utilized in the laboratory or several other health professional backgrounds and other tests are for the customers to utilize at home.

Additionally, the market of vitro diagnostics has observed the balanced growth in the past few years, and the improvements in the technology with the overview of the pioneering products have augmented the implementation of in the vitro diagnostics products in the market.

According to the report analysis, ‘North America In Vitro Diagnostics Market Forecast up to 2025’ states that there are numerous key players which recently functioning in this sector more actively for leading the fastest market growth and registering the high value of market share across North America during the coming years more positively while analyzing and studying the stringent regulatory approval procedures, decreasing the price of the test and the unclear reimbursement policies and increasing significance of the companion diagnostics includes Abbott Laboratories, Hoffmann-La Roche (Roche), Thermo Fisher Scientific Inc., Danaher Corporation, Sysmex Corporation, bioMerieux S.A., Becton Dickinson and Company, Bio-Rad Laboratories, Qiagen N.V., Siemens Healthiness, Ortho-Clinical Diagnostics (Carlyle Group) and several others.

North America in Vitro Diagnostic market will increase at a significant CAGR of 5.17% during the forecast period of 2019-2025. The market has observed study growth in the past few years, and the improvements in the technology with the overview of the innovative products have augmented the acceptance of in vitro diagnostics products in the market. The market is propelled by the augmenting the occurrence of the lifestyle and chronic diseases, increasing acceptance of point-of-care testing (POCT), the improvement in the biomarker-based tests, and the increasing importance of companion diagnostics.

Nonetheless, the market endures to augment, and in vitro diagnostics is one of the most broadly utilized the techniques for screening, diagnosis, treatment, and monitoring purposes. The field is receiving revolutionized with the improvement in technology. Vendors are majorly aiming at the new product launches, endorsements, and targeted toward end user's perspective.

Moreover, based on the applications, the North America market of vitro diseases is sectored into Oncology, Infectious Disease, Diabetes, Cardiology, Nephrology, Autoimmune Disease, several others. Whereas, the infectious disease sector employed a foremost market share in 2018 and the oncology sector is anticipated to grasp a significant share during the review period. The significant augment in the pervasiveness of the disease such as tuberculosis & pneumonia and increasing the healthcare consciousness among the populace makes the sector a dominant shareholder.

Hence, it is predicted that the market of vitro diagnostics will increase across the North America region in the coming years over the forecasted period.

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Global Enzyme Replacement Therapy Market

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Increase in Consumption of Biscuits & Breads Coupled with Rapidly Westernized Lifestyles is Set to Drive Global Bakery & Confectionary Market Over the Forecast Period: Ken Research

Confections are high in calorie and low in nutrients. The confectionery market is divided into two broad categories such as bakers’ confectionery and sugar confectionery. Bakers’ confectionery includes pastries, doughnuts, cakes, and cookies. Sugar confectionery includes sweets, chocolates, candies, and chewing gum. These products are consumed by people of all age groups.

According to study, “Bakery & Confectionary Global Market Report 2019” includes the key companies operating in global bakery & confectionary market are Grupo Bimbo, McKee Foods, Finsbury Food Group, Lotte Confectionery Co. Ltd., BreadTalk Group, The Hershey Company, Lindt & sprngli AG, WM Wrigley JR Company, Yamazaki Baking, Mars Inc., Nestle S.A., Associated British Foods, JAB Holding Company, Ferrero SPA, Ezaki Glico Co. Ltd., Flowers Foods, Delfi Ltd., Mondelez International Inc., Arcor Group, Candy Tops (Pty) Ltd., Brookside Foods Ltd., Cloetta AB, Dongguan Hsu-Fu-Chi Food Co. Ltd., Crown Confectionery Co., Ltd. , DS Group, HARIBO Dunhills (Pontefract) PLC, Grupo Bimbo S.A.B. de C.V, Intercontinental Great Brands LLC, Kerr Bros. Ltd., ITC Limited, Meiji Co., Ltd. (Japan), Orion International Euro, LLC, Morinaga & Co., Ltd., Perfetti Van Melle, Parle Products Pvt. Ltd., Specialty Food Association, Inc., Unilever Plc, The Natural Confectionery Co. Pty Ltd. Many manufacturers & producers are widely adding to natural ingredients and have reduced the use of artificial flavors and colors.

Based on product type, global bakery & confectionary market is segmented into cakes & pastries, bread & roll, biscuits, organic & gluten-free products, chocolate, sweeteners and emulsifiers. Organic & gluten-free products are organic coconut flour, multigrain based products, whole-wheat, gluten-free sorghum bread and gluten-free banana bread. Based on form, market is segmented into liquid form and dry form. Based on processing equipment, market is segmented into mixers, bread slicer, bread systems, divider & rounder, pan greasers, ovens & proofers, moulder and depositors. Based on distribution channel, market is segmented into hypermarkets or supermarkets, specialty stores, convenience stores and online retailing. In addition, based on the end-use, market is segmented into wholesale baker and retail baker.

The bakery & confectionary market is driven by increase in consumption of biscuits & breads, surge in popularity of healthy organic and all natural baked goods, followed by increase in product innovation, rise in middle-class population, retail market expansion, followed by increase in economic growth & rise in disposable income. However, fluctuating cost & availability of raw materials and growing health awareness may impact the market over the forecast period. Moreover, growing demand for sugar free, organic and low calorie products is a major opportunity for market.

Based on geography, the Asia-Pacific region holds major market share in bakery and confectionary market, followed by Western Europe owing to increase in demand for bread coupled with production healthy bakery items in the region. The North American region is expected to witness higher CAGR, followed by European region due to incorporating healthy ingredients innovative new flavors, evolving taste palettes, and increase in consumption frequency over the forecast period. In near future, it is estimated that the global bakery & confectionary market to grow at significant pace on an account of rapidly westernized lifestyles, exponential population growth and increasing sophistication in flavor preferences.

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Bakery & Confectionary Global Market

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Rise in Prevalence of Rare Diseases Followed by Increase in Healthcare Expenditure, Growing Demand for ERT to Drive Global Enzyme Replacement Therapy Market over the Forecast Period: Ken Research

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Enzymes are molecules perform catalytic functions in different biochemical reactions which occur in the body. Lysosomal Storage Disease (LSD) occurs owing to a deficiency of enzymes in body & leads to malfunction of body organs. The replacement of enzyme is a process of transferring of artificial enzymes in patients suffering from lack of enzymes. It is done when enzymes give the patient an intravenous (IV) infusion of a solution containing the enzyme. This therapy is carried out with administering intravenous infusion or with oral administration of enzyme-containing preparation. The use of enzyme replacement therapies is intended to boost the concentration of enzymes that are available for various diseases such as for instance hunter syndrome, digestive diseases, Fabry disease, and more gauche disease.

According to the study, “Global Enzyme Replacement Therapy Market 2019 by Company, Regions, Type and Application, Forecast to 2024” key companies currently operating in global enzyme replacement therapy market are Sanofi, BioMarin Pharmaceuticals Inc., Shire Plc., Alexion, AbbVie, Merck KGaA, Genzyme Corp., Horizon Pharma, Allergan, Sigma-Tau Pharmaceuticals Inc., Abbvie Inc., Essential Pharmaceuticals Ltd., Recordati Rare Diseases, Johnson & Johnson, Digestive Care, Actelion, Leadiant Biosciences, Pfizer Inc.

Based on enzyme type, global enzyme replacement therapy market is segmented into imiglucerase, taliglucerase, agalsidase beta, velaglucerase alfa, alglucosidase alfa, laronidase, galsulfase, pancreatic enzymes, idursulfase, pegademase, and others. Based on indication, the market is segmented into gaucher disease, scheie syndrome, fabry disease, pompe disease, combined immunodeficiency disease digestion (SCID), hunter disease, and others (gastrointestinal disease and Mucopolysaccharidosis (MPS) disease). Gaucher disease enlarges with the lack of an enzyme called glucocerebrosidase. The enzyme aids to break down fatty ingredients in the body. Based on the route of administration, the market is segmented into the parenteral route and oral route. Moreover, based on end-user, the market is segmented as homecare settings, hospitals, and infusion centers.

The global enzyme replacement therapy market is driven by rising in prevalence of rare diseases followed by an increase in healthcare expenditure, growing in demand for ERT to improve the treatment of rare diseases, increase in government spending on healthcare infrastructure like favorable reimbursement for ERT and socioeconomic factors are expected to boost in the prevalence of rare diseases. Apart from the benefits, few of restraint factors include a dearth of skilled healthcare professionals, followed by an increase in the availability of alternative treatment options and lack of regulatory framework in emerging economies.

The North American region is estimated to register substantial share in global enzyme replacement therapy market due to the rise in prevalence of enzyme deficiency as well as an increase in acceptance of newer therapies in the region. In addition, drug availability, favorable reimbursement policies, and advanced healthcare infrastructure likely to drive the market in Europe and North America region. Asia Pacific region is also expected to register high CAGR during the projected period caused by raising awareness about enzyme replacement therapy and low cost of enzyme replacement therapies in the region. It is expected that market to reach the US $15,800 million, by 2024, growing at a CAGR of 13.4% between 2019 and 2024.

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Global Enzyme Replacement Therapy Market

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+91-9015378249

Saudi Arabia Logistics and Warehousing Market Outlook to 2023: Ken Research

The report titled “Saudi Arabia Logistics and Warehousing Market Outlook to 2023 (Second Edition) – Expected Recovery in Demand Growth with Rising Infrastructure Spending, Government Reforms and Surge in Trade” provides a comprehensive analysis of the logistics market of Saudi Arabia. The report also covers logistics infrastructure in the country, cross comparison of the market with other GCC countries, value chain analysis, industry revenue, segmentation by service mix, end users, by mode of freight, type of delivery, level of freight, owned and third party logistics, flow corridors and domestic and international companies for freight forwarding market; segmentation by business model, type of warehouses, end users, cities and ownership for warehousing market; segmentation by level of courier, type of international express, type of domestic express and business model for express logistics market; segmentation by time duration, mode of payment and location for e-commerce logistics market; segmentation by market type for third party logistics market; trade scenario in the country, trends and developments, issues and challenges, government role and regulations, SWOT analysis, recent mergers and acquisitions, competitive scenario, company profiles, strengths and weakness, heat map and directory of major players. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions.

Saudi Arabia Logistics and Warehousing Market Size

The Saudi Arabia logistics and warehousing market was witnessed to remain buoyant over the past five years despite the temporary stagnation of the economy and decrease in oil prices owing to the global oil price shock. The market increased at a positive CAGR during the period 2012 to 2018. The improving road infrastructure, rise in government support in the form of incentives and subsidies, improving corporate working environment due to large availability of expatriate workforce and rise in the industrial activities are expected to support the growth of the market in future. Freight forwarding segment has dominated the logistics and warehousing industry in Saudi Arabia over the past few years.

Saudi Arabia Freight Forwarding Market: Freight forwarding industry has observed a slight decline in past few years, which is majorly due to the decrease in freight movement in the country. However, expanding FMCG, retail, food & e-commerce industry in the kingdom is expected to stabilize the growth of the freight forwarding industry in future. The market decreased at a single digit CAGR during the period 2012 to 2018. Introduction of Saudization has resulted in several labour immigrants to leave the kingdom which has further resulted in the decrease of expatriate population in the country. Additionally, a decrease in oil prices and stagnation of the economy has resulted in low freight movement in the country. International freight forwarding contributed the majority share in the overall revenue of the industry. Major companies operating in this segment include DHL, Panalpina, UPS, DB Schenker, Kuehne + Nagel and several others. It is forecasted that the market will moderately grow at a positive CAGR during the review period of 2018-2023.

Saudi Arabia Warehousing Market: The warehousing sector in Saudi Arabia has increased at a positive CAGR during the review period 2012-2018. The country is experiencing a major rise in the demand for warehousing services. Industrial and retail warehousing has led the warehousing industry by acquiring majority of the total revenue share in 2018. The expanding e-tail companies in the country have also triggered the growth of this industry. Online stores have become quite popular in the kingdom lately. The major reason for their popularity is the convenience of placing an order while sitting at home and getting the product delivered at the door step. The growth in the market is also driven by increased demand for the outsourcing of warehouse services. Vendors in the market provide multiple value-added services to customers, including packaging and kitting, inventory management and others which is difficult to maintain during in-house warehouse operations thereby accelerating the demand for warehousing on lease and rent on third party logistics basis. In case of warehousing market segmentation by city, Jeddah contributed the majority revenue share in warehousing industry. In future, it is anticipated that the market will continue to grow at a single digit positive CAGR during the period 2018-2023.

Saudi Arabia Express Logistics Market: Despite the high cost of express logistics in comparison with non-express logistics, the revenue share of express delivery has been observed grow at a positive CAGR during the review period 2012-2018. Express logistics has been observed as a premium segment of the logistics industry as it involves time sensitive shipments of goods via multi-modal modes of transportation. The rising prominence of online shopping has attributed to the increasing demand for express delivery, especially by B2C segments over the past few years in the kingdom. The express logistics market has evolved from the delivery of documents and parcels to specialist items such as high-tech products, semiconductors and general airfreight commodities. The services provided by the companies such as guaranteed delivery services, door to door delivery, track your orders and others have strengthened the growth of the logistics. Air express has dominated the market by acquiring majority revenue share in 2018 owing to the presence of well planned airport infrastructure to support cargo. In case of express logistics segmentation by business model, B2B dominated the market. The leading companies in this segment include DHL, Aramex, UBS, FedEx-TNT, SMSA, Naqel Express, Zajil Express, Almajdouie Logistics and Abdul Latif Jameel Logistics.

Saudi Arabia E-Commerce Logistics Market: E-Commerce Market in Saudi Arabia has increased at a single digit positive CAGR during the period 2012-2018. The customers have begun demanding quick deliveries which has led to an increase in the logistics and warehousing requirements in the country. E-commerce companies such as Souq.com, Noon, JollyChic, Wadi, and Ali Express are some of the major players that promise one day delivery to its clients. Thus, the rise in demand for quick delivery requires streamlined freight movement thereby augmenting the e-commerce contribution. In the forecast period of 2018-2023, the market is anticipated to grow at a double digit positive CAGR.

Saudi Arabia Third Party Logistics (3PL) Market: Third party logistics market witnessed a marginal increase over the past five years in Saudi Arabia. Third-party logistics (3PL) outsourcing is rapidly gaining prominence as more corporations across the world are entering the kingdom and are unable to manage their complex supply chains and hence are outsourcing logistics activities to the 3PL service providers.

Future Outlook and Projections for Saudi Arabia Logistics and Warehousing Market: Saudi Arabia logistics and warehousing market is expected to grow at a single digit CAGR during the review period of 2018 to 2023. Rising demand of warehousing and cold storage, growing E-commerce and retail industry, entry of foreign players, rising government support, increasing trade with other major import & export countries will drive the market in coming future. Rising retail and FMCG industry of the country will accelerate the demand for warehouses storage and transportation & logistics facility. Freight forwarding services will majorly contribute in the overall market of logistics by acquiring maximum revenue share in 2023. This decline in share of the freight forwarding market is anticipated to be followed by a corresponding increase in the revenue share of warehousing sector of the kingdom.

Key Segments Covered

Logistics and Warehousing:

By Service Mix (Freight Forwarding, Warehousing and Value Added Services)

By End User Industry (Oil and Gas, Food and Beverages, Automotive, Industrial/Retail Sector, Engineering Equipment, Metals and Others)

Freight Forwarding:

By Mode of Freight (Road Freight, Sea Freight and Air Freight)

By Type of Delivery (Non-Express and Express Delivery)

By Level of Freight (International and Domestic Freight)

By Owned and Third Party Logistics

By Flow Corridors (Asian Countries, North American Countries, European Countries, Middle East, NAFTA and Others)

By International and Domestic Companies

Warehousing:

By Business Model (Industrial / Retail, Container Freight/Inland Container Depot and Cold Storage)

By Cities (Jeddah, Riyadh, Dammam and Others)

By Type of Warehouses (Closed Temperature Controlled, Closed Non-Temperature Controlled, Cold Storage and Open Yards)

By Owned and Third Party Logistics

By End Users (Food and Beverages, Automotive, Consumer Retail, Healthcare, Automotive and Others)

Express Logistics:

By Level of Courier (Domestic and International Express)

By Type of International Express (Air and Ground Express)

By Type of Domestic Express (Air and Ground Express)

By Business Model (B2B, B2C and C2C)

E-Commerce Logistics:

By Time Duration (6-12 Hours, 1 Day, 2 Day and More than 2 Day Delivery)

By Mode of Payment (Cash on Delivery and Online Payment)

By Location (Intra-City and Inter City)

Third Party Logistics:

By Market Type (Freight Forwarding and Warehousing)

Key Target Audience

Logistics Companies

Warehousing Companies

Cold Chain Companies

Express Logistics Companies

E-Commerce Logistics Companies

E-Commerce Companies

Logistics Association

Government Association

Investors and Private Equity Companies

Time Period Captured in the Report:

Historical Period: 2012 - 2018

Forecast Period: 2019E - 2023E

Companies Covered:

Freight Forwarding Market:

Basem International Shipping and Logistics Co. Ltd.

Kuehne Nagel

Panalpina

DB Schenker

DHL

Expeditors

FedEx – TNT

Mubarrad (Saudi Transport and Investment Co.)

Warehousing Market:

LSC Logistics and Warehousing

Agility Logistics

Almajdouie Logistics

Mosanada Logistics

Tamer Logistics

BAFCO International Shipping and Logistics Co. Ltd.

Hala Supply Chain Services

United Warehouse Co. Ltd.

Wared Logistics

Takhzeen Logistics

Etmam Logistics (Shahini Group)

Aramex

Kaden Logistics

Panda Retail Company

Express Logistics Market:

UPS

SMSA Express

Naqel Express

Zajil Express

Abdul Latif Jameel Logistics

Third Party Logistics Market:

Wared Logistics

Abudawood Logistics

Mosanada Logistics

Tamer Logistics

DB Schenker

Abudawood Logistics

Kuehne + Nagel

DHL

Agility Logistics

Key Topics Covered in the Report

Logistics Infrastructure in Saudi Arabia Logistics and Warehousing Market

Cross Comparison of Saudi Arabia Logistics and Warehousing with GCC Countries

Value Chain Analysis of Saudi Arabia Logistics and Warehousing Market

Saudi Arabia Logistics and Warehousing Market

Saudi Arabia Freight Forwarding Market

Saudi Arabia Warehousing Market

Saudi Arabia Express Logistics Market

Saudi Arabia E-Commerce Logistics Market

Saudi Arabia Third Party Logistics (3PL) Market

Trade Scenario in Saudi Arabia Logistics and Warehousing Market

Trends and Developments in Saudi Arabia Logistics and Warehousing Market

Issues and Challenges in Saudi Arabia Logistics and Warehousing Market

Government Role and Regulations in Saudi Arabia Logistics and Warehousing Market

SWOT Analysis of Saudi Arabia Logistics and Warehousing Market

Recent Mergers and Acquisitions in Saudi Arabia Logistics and Warehousing Market       

Saudi Arabia Logistics and Warehousing Market Future Outlook and Projections

Analyst Recommendations for Saudi Arabia Logistics and Warehousing Market

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

Saudi Arabia Logistics and Warehousing Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

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+91-9015378249

Increase in Number of Patients, Followed by Rise in Adoption of Artificial Skin Substitutes to Drive the Global Pressure Ulcer Treatment Products Market over the Forecast Period: Ken Research

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Pressure ulcer is an open wound on skin. It develops from breakdown of upper skin & underlying tissues through extreme pressure on an area of the skin. The major symptom associated with pressure ulcer treatment includes redness of skin which worsens with time, and blisters on area and then an open sore. The major body areas of pressure ulcer treatment are required on back of the head, elbows, ankles, buttocks, shoulders, heels, hips, and back.

According to study, “Global Pressure Ulcer Treatment Products Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” some of the major companies currently operating in global pressure ulcer treatment products market are Getinge, Linet Spol S.R.O., Recticel, Hill-Rom Company Ltd., Stryker, James Consolidated Inc., Stiegelmeyer, Permobli, EHOB, GF Health Products Inc., Smith & Nephew plc, Hill-Rom Holdings, Inc., Invacare Corp., ArjoHuntleigh, Integra LifeSciences Corporation, Molnlycke Health Care AB, Cardinal Health, Essity Aktiebolag, 3M Healthcare, Acelity L.P., Inc., B. Braun Melsungen AG, Coloplast Group, ConvaTec, Inc.

Based on wound type, global pressure ulcer treatment products market is segmented into stage 1, stage 2, stage 3, and stage 4. Based on products, market is segmented into beds, cushions, mattresses, and others. Based on treatment type, market is segmented into wound care dressings, active therapies, wound care devices, and others. The wound care dressings segment is classified as antimicrobial dressings, hydrocolloid dressings, foam dressings, film dressings, hydrogel dressings, alginate dressings, and other dressings. The active therapies segment is further sub-segmented into skin grafts & substitutes and others (sealants (collagen & fibrin sealants) and hemostatic agents). The wound care devices segment is categorized into ultrasound therapy, negative pressure wound therapy (NPWT), and others (HBOT and electromagnetic). The others segment includes traditional wound care products, pressure relief devices, and others. Moreover, based on end-user, market is bifurcated into hospital inpatient settings, hospital outpatient settings, community health centers, and home health care.

The global pressure ulcer treatment products market is driven by increase in number of patients, followed by rise in adoption of artificial skin substitutes, innovation in the field of dressings, better reimbursements for home care, growing awareness, and rise in mobility disorders. However, unfavorable reimbursement policies and high cost of advanced wound care products are some of the hindering aspects of market.

North American region is likely to account for leading share of global pressure ulcers treatment market in the accommodating years and will be followed by Europe. The major factors in the region are rise in the number of cases of pressure ulcers among geriatric population, an increase in the geriatric population, and surge in demand for devices, dressings, and sealants. The Asia Pacific market is expected to expand at a significant CAGR owing to technological advancements, the participation of domestic companies, and developing health care infrastructure. Additionally, low diagnosis & treatment rate of pressure ulcers and inadequate health care infrastructure are predictable to hamper the growth of in Middle East & Africa and Latin America. In 2019, the value of global pressure ulcer treatment products market is reached at US $1810 million and is expected to reach at US $2400 million, by 2024.

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Global Pressure Ulcer Treatment Products Market

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Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249