Tuesday, September 3, 2019

Expand in Therapeutic Use of Botulinum Toxin Expected to Drive World Botox Market over the Forecast Period: Ken Research

Botox is a neurotoxic protein formed by the bacterium clostridium botulinum & related species in the reproduction process. Botox is a polypeptide with 150kD molecular weight. It is one of the most poisonous natural proteins. It comprises a highly purified botulinum-toxin protein. It is easy to be produced, purified and refined owing to its stable property. It initiates the release of acetylcholine (ACH), which is a neurotransmitter, responsible for actuating glandular secretions & muscle contraction. It is a non-invasive procedure and is approved by the Food and Drug Administration (FDA) in treating many health conditions. It is commercially viable for patients, patients may notice the results of Botox immediately. It is used to reduce fine lines & wrinkles by paralyzing the underlying muscles, also known as miracle wrinkler-eraser. The most frequently treated areas, where muscle activity influences facial features includes wrinkles around the eyes, such as crow’s feet, glabellar lines, corners of the mouth, forehead creases and cobblestoned appearance to the chin. It is widely used in experimental research and clinical application at the early stage.

The key benefits are included shorter hospital stay, small incision, and rapid wound healing. Apart from benefits, some of the side-effects are included allergic reactions, shortness of breath, neck & back pain, rash, difficulty in swallowing, and nausea.

According to study, “World Botox Market Research Report 2024(covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world Botox market are Lanzhou Institute of Biological Products Co. Ltd. (LIBP), US World Meds LLC, Revance Therapeutics Inc., Allergan Inc., Medytox Inc., Merz Pharmaceuticals GmbH and Co. KGaA, Ipsen Group. The key companies are focusing on the research endeavors in order to introduce innovative therapeutic applications of the existing products.

Based on type, Botox market is segmented into Botox type A and Botox type B. Botox type A and Botox type B are used in medicine for upper motor neuron syndrome, strabismus, chronic migraine, focal hyperhidrosis, and bruxism. Based on application, market is segmented into cosmetic and medical. In addition, based on end-use, market is segmented into outpatient centers and hospitals cosmetic centers.

The Botox market is driven by rise in demand for minimally invasive treatment, followed by growth in population aging between 25 to 65 years of age, introduction of new & improved products, rise in awareness level regarding non-surgical esthetic & therapeutic procedures, increase in prevalence of cervical dystonia, glabellar lines, spasticity & crow’s foot, favorable government regulations, increase in investment on research & development (R&D) projects and expand in therapeutic use of botulinum toxin. However, limited reimbursement coverage, high cost entailed in performing such expensive procedures, risk of side effects and misuse as bioterrorism may impact the market.

Based on geography, USA country holds major share, followed by EU in Botox market owing to increase in availability of a variety of aesthetic procedures and higher disposable income of the individuals in the country. China country is expected to witness higher growth rate due to increase in geriatric population over the forecast period. The market is expected to grow at a CAGR of approximately 13.3% over the next five years, will reach US $8500million in 2024, from US $4550 million in 2019.

For more information, click on the link below:
World Botox Market Research Report 2024

Contact Us:    
Ken Research                                   
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91 9015378249
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India Medical Consumables Market Research Report And Market Outlook: Ken Research


How the India Medical Consumables Market is Positioned?
The medical consumables market in India is currently at its growth stage with rise in number of domestic and foreign players. The huge number of domestic and international companies in India has made the medical consumables market highly fragmented. In terms of revenue, India medical consumables market size was witnessed to increase from INR ~ crore in the year 2013 to INR ~ crore in 2018, therefore showcasing a CAGR of ~% over the review period 2013-2018. Growing population in the country has increased the demand for healthcare services which in result have developed the medical devices and consumables market in India. Coupled with the growth in the road accidents and surgeries in India, the market has witnessed an increase in the demand for the medical consumables. The rise in the number of hospitals in India has also lead to the growth of the medical devices/consumables in the country. The 100% FDI in the medical devices sector has boost the medical device and consumables market in last few years with increasing Foreign Direct Investments (“FDI”) inflows.

Expanding of the manufacturing units in India and developing a strong distribution network by the medical consumables companies have helped the revenue to grow at a CAGR of ~% during the review period. Competition within India medical consumables market was observed to be highly fragmented with the presence of major players such as Hindustan Syringes & Medical Devices Limited, Poly Medicure, Datt Mediproducts Pvt. Ltd., Sutures India, Romson Group and others. The India medical consumables market was dominated by the local production by both domestic and international companies with a revenue share of ~% in the year 2018.

India Medical Consumables Market Segmentations
By Business Activity:-
The local production of the medical consumables by both the domestic and international companies having their manufacturing unit in India capturing a massive revenue share of ~% in the year 2018 owing to the Make in India initiative and the low manufacturing cost in India. Also, owing to the no entry barriers in the medical consumables sector, international companies have established their manufacturing units to cut down on the manufacturing cost. They were followed by the imported medical consumables with respective revenue shares of ~% in the India medical consumables market in 2018.

By Mode of Selling:-
The Distributor mediated sales distribution dominated with revenue share of ~% in India medical consumables market in 2018 owing to a closer connect of the distributors with the end users. Medical consumable companies have started to develop a strong distributor network to tap a larger market and different regions of the country. The direct sales channel contributes a revenue share of ~% in the year 2018 in India.

By Type of Medical Consumables:-
The wound care segment within India was observed to dominate the country’s medical consumables market by capturing a massive revenue share of ~%, in the year 2018 owing to the awareness about the wound care product among the end users. Apart from the healthcare centers, general consumers also have a huge demand for the wound care products for the first aid purpose. The increasing number of accidents in the country has also contributed in the growth of the wound care market. In accordance with, Ministry of Road Transport and Highways the number of road accidents in India has increased from ~ in 2003 to ~ in 2018. Wound care products were followed by syringes with a revenue share of ~% owing to the preventive steps taken by WHO in relation to the unsafe syringes and increasing vaccinations in the country. Lastly, the Sutures, catheters, IV Canulas, IV sets, blood bags, ostomy, needles and the remaining medical consumables collectively captured the remaining ~% revenue share in the India medical consumables market in the year 2018P.

By Wound Care:-
Traditional wound care was observed to lead the wound care segment and captured a revenue share of ~% in the year 2018 owing to the high awareness about these products. Owing to perception of high cost-low benefit for advanced wound care products, the use of traditional products has been rampant. Counterfeit and local substitutes are easily available for products in this segment and there existed a continuous downward pressure on pricing.

By Sutures:-
Absorbable sutures are the most commonly used sutures in India and contribute a revenue share of ~% in the sutures segment of medical consumables in 2018.  The increasing awareness about these absorbable sutures among the general public has also resulted in the growth of absorbable sutures. Non-absorbable sutures are still in demand because of its effective tensile strength which remains for several months or even permanent.

By Catheters:-
Urinary and PIV catheters are the leaders in the catheters market and contributed a revenue share of ~% in the year 2018 followed by cardiovascular catheter, Haemodialysis catheter and other catheters. The increasing number of heart disease in India is leading to increased demand of the cardiovascular catheters. Cardiovascular diseases (CVDs) have now become the leading cause of mortality in India.

By End User:-
The Hospitals end user segment within India was observed to dominate the country’s medical consumables market by capturing a massive revenue share of ~%, in the year 2018 owing to the increasing number of hospitals in the country and high preference hospitals among patients to avail better and advanced facilities. The increasing number of accidents, disease and surgeries in the country is also boosting the hospitals to generate a larger revenue share in this market. Clinics and Dispensaries generated a revenue share of ~% in 2018 owing to the prevalence of diseases related to circulatory problems, diabetes, infections, parasites, and respiratory problems. The smaller clinics procure the medical consumables products owing to the high number of patients visiting for the smaller wounds and accidental injury treatment. The others end user segment includes the other healthcare centers which generated a revenue share of ~% in 2018.

By Region:-
South region of the country was witnessed to dominate the medical consumables market with a revenue share of ~% in 2018 owing to the largest number of hospitals and blood banks available in different states of the south region. The south region also recorded the highest cases of road accidents majorly in Tamil Nadu and Maharashtra. South region of the country was followed by North with a revenue share of ~% as it is the most populated part of India owing to which the number of patients visiting the hospitals and healthcare centers is also massive contributing in the medical consumables sector. Lastly, the west and east region of the country contributed a collective revenue share of ~% in 2018.

Key Segments Covered:-
By Type of Business Activity:
Local Production
Import

By Mode of selling:
Distributor Mediated
Direct Sales

By Type of Medical Consumables:
Wound care:
Traditional Wound Care:
Gauze
Dressing
Tape and Bandage
Compression Bandage and Plasters

Advanced Wound Care
Dressings:
Advanced Silver Dressings
Foam
Collagen
Hydrocolloid
Alginate

Devices:
Negative Pressure Wound Therapy
Pressure Relief
Hyberbaric
Syringes

Sutures:
Absorbable:
Synthetic
Catgut

Non -Absorbable
Catheters:
Urinry and PI
Cardiovascular catheter
Haemodialysis Catheter
Others
IV Cannula
IV Set

Blood Bags:
Single Bags

Multiple Bags:
Double Bags
Triple Bags
Quadruple Bags
Inline Filter Bags
Ostomy
Needle

Others:-
HME
Endotracheal Tubes
Tracheostomy Tubes

By Type of Material Used For Wound Care Market:-
Glass
Plastic
Textile

By End users:-
Hospitals
Clinics and dispensaries
Others

By Region:-
South
North
West
East

Key Target Audience:-
Medical Consumable Manufacturers
Raw Material Suppliers
Medical Consumables Distributors
Ministry Of Health
Venture Capitalist

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

Major Companies Covered:-
Hindustan Syringes & Medical Devices Limited
Poly Medicure
Datt Mediproducts Pvt. Ltd.
Sutures India
Romson Group
Becton Dickinson India Pvt. Ltd
B Braun Medical India Pvt. Ltd
Coloplast India Pvt. Ltd
BSN Medical Pvt. Ltd
Terumo Penpol India Pvt. Ltd

Other Players
India Medtronic Pvt. Ltd
Hollister Incorporated
Vygon
Smiths Medical India Pvt. Ltd
Triage Meditech Pvt. Ltd
Fresenius Medical Care India Pvt. Ltd.
Meril Life Sciences India Pvt. Ltd
Teleflex Medical
Lotus Surgical
Centenial Surgicals
Global Medikit
Hemant Surgicals
Peter Surgicals
Convatech
3M
Smith and Nephew Healthcare Pvt. Ltd

Keywords:-
India Medical Consumables Market
India Clinics Medical Consumables Market
India Plastic Wound Care Market
India Glass Wound Care Market
India Textile Wound Care Market
Major Blood Banks in India
India Medical Devices Market
India Syringe Market Revenue
India Sutures Market Size
India Catheters Market Analysis
India IV Cannulas Market
India IV Sets Market
India Blood Bag Market
India Ostomy Market Analysis
India Needle Market Revenue
India Urinary Catheters Market
India Peripheral IV Catheter Market
India Epidural Catheter Market

For more information on the research report, refer to below link:-
India Medical Consumables Market

Related Reports:-
Philippines Medical Devices Market Outlook to 2023 - Surge in Demand for Used/Refurbished Medical Equipments and New Healthcare Infrastructure Projects to Maintain Healthy Growth.

Indonesia Medical Devices Market Outlook to 2022 - By Medical Consumable Products, Diagnostic Imaging Products, Auxiliary Devices, Orthopedic Implants, Dental Products, Aesthetic Devices, By Imports & Domestic Production

Singapore Medical Devices Market Outlook to 2022 - by Type of Medical Device (Consumables, Diagnostic Imaging, Patient Aids, Orthopedic & Prosthetics, Dental Products and Others)

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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Transformations In The Global Market Insights On Cloud Infrastructure Outlook: Ken Research

According to the report analysis, ‘Global Market Insights on Cloud Infrastructure: Insights and Forecast, 2018-2024: Emphasis on Deployment Type (Public Cloud, Private Cloud), Public Cloud Services (SaaS, PaaS, IaaS, Cloud Advertising, BPaaS), End User (Banking, Financial Services and Insurance, Retail, Telecom & IT, Healthcare, Media & Entertainment, Government Agencies, Education, Energy, Manufacturing, Other Industries)’ states that in the global market insights on cloud infrastructure, there are several key players which recently functioning more positively for leading the fastest market growth and registering the high value of market share across the globe during the analyze period while positively enormously analyzing the market growth drivers and opportunities likewise fostering the information technology, solving the issues related to the security concerns, proliferation of the internet of things, advanced the mobility and bring your own device (BYOD) and the substantial increase in the implementation by the small and medium enterprises includes Cisco System Inc., Equinix Inc., Google Inc., IBM Corporation, Salesforce. Salesforce.com, AT&T Inc, Amazon Web Services Inc., DXC Technology Company, HP Inc., Rackspace Hosting Inc. and several others.



The infrastructure of cloud effectively refers to the hardware and software components essentially involves connections, servers, storage and virtualization software that are positively needed to support the computing requirements of the cloud computing model. Nonetheless, the infrastructure of cloud includes an abstraction layer that virtualizes the foundations and understandably presents them to the clients with the application program interfaces and API-enabled command-line. In the cloud computing, such virtualized foundations are demonstrated by a services presenter or IT department and are given to the clients over a network or the internet.

Not only has this, in the cloud computing construction, cloud infrastructure available to the beck-end components, the hardware elements found within the foremost enterprise data centers. Such effectively involve the multisocket, multicore servers, persistent storage and local location connection equipment namely routers and switches but no ample extraordinary scale.

Based on the country, the market of cloud infrastructure is spread across the globe which majorly involves North America, Asia Pacific region, Europe, Africa and Rest of the World. Whereas, US being the boss of the industry and being the principal market for the cloud computing, has through North America the foremost region in the implementation of the cloud infrastructure with a handsome amount of market share in global cloud infrastructure market.

Additionally, the fresh players in the global cloud infrastructure market are effectively obtaining the proficient strategies and policies such as joint ventures, partnerships and mergers and acquisitions for ruling around the globe and registering the handsome value of market share.

The rising demand for the cost effective and bendable IT resources has theatrically bring up the cloud computing services at global scale. Growing distinction of Cloud computing, Big Data and IoT gigantic corporate spending has ominously bolstered the growth of global cloud infrastructure market. Extensive Surge in espousal of cloud computing service by small and medium enterprises has further afford the enormous growth opportunities for the establishments operating in the industry. Therefore, in the coming years, it is anticipated that the global market insights on cloud infrastructure will increase around the globe more positively over the coming years.

For more information on the research report, refer to below link:
Global Cloud Infrastructure Market Research Report

Related reports
Public Key Infrastructure Market by Solution (PIN Authentication, Enrollment Services, Inventory of Digital Identities, Secure Roaming, Self-Recovery, Self-Registration), Deployment (Cloud-Based, On-Premise), End-User (Aerospace and Defense, Health and Life Sciences, Human Resources, Manufacturing, Government, BFSI, Education, Retail, and Others), and Region-Global Forecast to 2023

Global Cloud Infrastructure Testing Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-9015378249
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Nigeria Freight Forwarding Market is Driven by Increasing Oil Exports, Infrastructural Investment, and Boost in Foreign Trade: Ken Research

“On the back of the new Standard Gauge Railway and improving foreign trade ties, the logistics sector in Nigeria experienced high growth in 2018.”
Analysts at Ken Research in their latest publication “Nigeria Freight Forwarding Market Outlook to 2023 – By Sea, Land, Air, Rail and Pipeline Freight Forwarding; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding” believe that the Freight Forwarding market has grown due to government spending on infrastructural projects, increasing volumes of imports and exports and geographical placement of Nigeria. The market is expected to grow at a CAGR of 15.4% during 2019-2023E.
Freight Forwarding Market Nigeria
Strategic Location: Nigeria is the world’s gateway to West Africa and Lagos is one of the most vibrant international trading hubs in Nigeria. Most of the sea transportation is done by two seaports in Lagos namely Lagos Port Complex and Tin can Port. A new Deep Sea Port in Lekki and Trans-African Highway is being constructed, which is expected to further open up Nigeria to international trade.  Also, Airport connectivity is great with major foreign countries with MMI Airport in Lagos as the busiest one involved in cargo transportation.
Focus on Manufacturing Sector: Nigeria is focusing on making the country self-dependent. Hence, Manufacturing and Agriculture related industries are increasing due to the benefits and issuance of single-digit interest rate loans to firms, thereby having a ripple effect on the logistics sector used to transport the goods manufactured.
Infrastructure Development: Improving infrastructure in the country happens to be a key growth driver for the logistics industry of the county. A combined of N200bn (USD 646.6 million) of investment in new port infrastructure in just 10 years has been made. Also, Abuja-Kaduna SGR has been completed to facilitate cargo and passenger movement. The willingness of international players to enter the market has made Nigeria step up their logistics infrastructure and spending.
Focus on International Trade: For an import oriented country like Nigeria, it is all the more crucial to participate in international initiatives towards trade relations. Nigeria has signed various trade agreements like ECOWAS, AGOA and AFCFTA. Therefore Nigeria has wide access to the entire African market as well as the Asian, European and North American markets for a number of goods.
Technological Advancement: While GPS and Control Towers are standard practices in logistics in developed countries, it is employed by only big domestic players and international companies in Nigeria. Supply chain visibility has become an increasing demand of clients and freight forwarders in Nigeria are also adopting new technologies such as ICT enabled vehicles, RFID Tags, Tracking solutions, among other such technologies.
Key Segments Covered:-
Nigeria Freight Forwarding Market
By Mode of Freight
Road Freight
Rail Freight (Volume and Revenue)
Air Freight (Airfreight in Nigeria (Volume- Imports and Exports of Cargo and Mail by Airports)
Sea Freight (Volume By Import –Export And Cargo Type, Logistic cost, Container Freight Rates, CARGO duty, General Cargo Delivery Charges, And Ship Dues)
By Type of Freight
International Freight Revenue
Domestic Freight Revenue
By Flow Corridors
Asian Countries
European Countries
Middle East
America
African Countries
By Contract and Integrated
Contract Logistics Revenue
Integrated Logistics Revenue
By End-User
Food and Beverages
Industrial and Retail
Automotive
Others (Chemical products, fertilizers, pharmaceutical products, perfumes etc)
Companies Covered:-
DHL
BHN Logistics
Bollore Logistics
ABC Transport
UPS (United Postal Services)
Redstar Logistics
Maersk Line
MSC (Mediterranean Shipping Company)
TSL Logistics
Key Target Audience
Freight Forwarding Companies
E-Commerce Logistics Companies
3PL Companies
Consultancy Companies
Express Delivery Logistics Companies
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023
Keywords:-
For More Information, Refer To Below Link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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Location: Nigeria
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