Monday, December 9, 2019

Rise in Prevalence of Traumatic Brain Injuries expected to drive Global Intracranial Pressure (ICP) monitoring market: Ken Research

Intracranial Pressure or ICP monitors are devices that measure ICP and are commonly placed in any patient in whom there is a concern for elevated ICP. ICP monitors are mainly designed to measure the pressure within the cranium which is affected by accident and trauma. Such devices are usually used to treat traumatic brain injury. It measures the pressure in the skull by placing a minor or small pressure-sensitive probe in the skull, which is attached at the other end to a monitor. It helps to sense the pressure caused inside the skull & transports the measurements to a recording device.
Some signs of raised ICP are a headache, increased blood pressure, nausea, decreased mental abilities, vomiting, double vision, confusion about time and pupils that don't respond to changes in light.
Global Intracranial Pressure Monitoring Device Market
According to the study, “Global Intracranial Pressure (ICP) Monitoring Market Information: by Route of Intervention (Intraventricular, Epidural Sensor), Technique (Invasive, Non-invasive), Application (Traumatic Brain Injury, Subarachnoid Hemorrhage), Device (Intraventricular Catheter, Epidural Sensors), End-user (Hospitals & Clinics), and Region - Global Forecast Till 2024” the key companies operating in the global Intracranial Pressure (ICP) monitoring market areSpiegelberg GmbH & Co. KG, Sophysa SA, RAUMEDIC Inc., Boston Neurosciences, Terumo Corporation, Medtronic Plc., Continental Medtronic Plc., Vittamed, Focus Medical Group Inc., Natus Medical Incorporated, DePuySynthes, Integra LifeSciences Corporation.
Based on the route of intervention, the ICP monitoring market is segmented into the epidural sensor and intraventricular. Based on the mode of devices, the market is segmented into the subarachnoid screw, non-invasive ICP monitors, intraventricular catheter, and epidural sensors. Based on the technique, the market is segmented into invasive techniques and non-invasive techniques. Invasive techniques include micro-transducer and External ventricular drainage (EVD). Non-invasive techniques include transcranial doppler ultrasonography, optic nerve sheath diameter sonography, Tympanic Membrane Displacement (TMD) Analyzer, MRI/CT and fundoscopy (papilledema). Based on application, the market is segmented into traumatic brain injury, subarachnoid hemorrhage, intracerebral hemorrhage, meningitis and others (cerebral edema and CNS infection). In addition, based on end-user, the market is segmented into trauma centers, hospitals & clinics, and others.
The ICP monitoring market is driven by a rise in the prevalence of traumatic brain injuries, followed by favorable reimbursement policies, rise in industrial as well as road accidents, growth in prevalence of neurovascular diseases for instance brain aneurysm, Arteriovenous Malformations (AVMs), and rise in product development & commercialization. However, the high procedural cost of ICP monitoring devices and a shortage of trained professionals may impact the market. Moreover, the increase in the use of endovascular embolization for the treatment of brain aneurysm is a key opportunity for the market.
Based on geography, the North-American region dominates the ICP monitoring market, followed by European region owing to growth in awareness regarding the neurodegenerative disease, presence of rapid growth in economies, increase in number of patients suffering from moderate to severe brain injury and constant initiatives are undertaken by the government for providing a better infrastructure in the region. The Asia Pacific region is estimated to witness substantial growth rate due to the presence of well-established critical care centers & hospitals and a rise in the number of patients who are suffering from brain disorders over the forecast period. In upcoming years, it is projected that the market will be reached at a rapid pace on account of a well-developed healthcare system and growth in technological advancements in medical devices.
Key Players:-
Integra LifeSciences Corporation
DePuy Synthes
Spiegelberg GmbH & Co. KG
RAUMEDIC Inc, Sophysa SA
Boston Neurosciences
Medtronic Plc, Terumo Corporation
And Natus Medical Incorporated
Target Audience
Brain Monitoring Device Manufacturers & Suppliers
Contract Research Organizations (CROs)
Research and Development (R&D) Companies
Government Research Laboratories
Regional Analysis
Americas
North America
US
Canada
South America
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Republic of Korea
Rest of Asia-Pacific
Middle East & Africa
Middle East
Africa
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Rise in Demand from Manufacturing Industry Anticipated to Drive Industrial Automation Market over the Forecast Period: Ken Research

Industrial automation is defines as the controlling & processing of heavy industrial machines, equipment and devices with the help of advanced systems & software, which are backed up by advanced technologies for instance cloud, machine learning, robotics and others. The automation devices include PCs, Programmable logic controller (PLC), Programmable automation controller (PAC), etc. The system can be very complex in nature, has huge number of devices working in synchronization using automation technologies.
The key advantages are included lower operating costs, lower wastage, reduction in human errors, efficient manufacturing, improve quality production, raise the level of safety, synchronization of procedures, reduce routing checks and a faster product lifecycle.
According to study, “Industrial Automation Market, by Type (Fixed Automation and Programmable Automation), by Technology (SCADA, PAC, PLC, DCS, HMI) and End-User (Machine Manufacturing, Oil & Gas, Aerospace & Defense, Electronics, Automotive, Pharmaceuticals) - Forecast to 2023” the key companies operating in the industrial automation market are Emerson Electric Co., Schneider Electric SE, General Electric Company, Honeywell International, Inc., Yokogawa Electric, Mitsubishi Electric Corporation, Rockwell Automation, Inc., Fanuc Corporation, Siemens AG, Ametek, Inc., ABB Ltd. Key companies in the manufacturing industry are focused on adopting & implementing industrial automation solutions to enhance the overall productivity & educate their employees and reduce high cost while accomplishing precision & flexibility.
Based on type, industrial automation market is segmented into fixed automation and programmable automation. Based on component, market is segmented into industrial robots, control valves, industrial 3D printing and machine vision market. Based on technology, market is segmented into Supervisory control and data acquisition (SCADA), PLC, PAC, Distributed control system (DCS), Human-machine interface (HMI), Operator training simulators (OTS), Variable frequency drive (VFD), Product lifecycle management (PLM), Asset performance management (APM), Plant asset management (PSM), Manufacturing execution system (MES) and Plant asset management (PSM) and Computer numerical control (CNC) routers. In addition, based on end-use industry, market is segmented into oil & gas, electrical & electronics, machine manufacturing, automotive & transportation, aerospace & defense, food & beverages, chemical, mining & metals, pharmaceuticals, electric power generation and others.
The industrial automation market is driven by rise in demand of industrial automation in manufacturing industries, followed by increase in government policies supporting adoption of industrial automation, rise in interconnectivity & Internet of Things (IoT) developments in computer-aided systems, growth in focus on economic diversification in emerging markets, rapidly surge in demand for fast production capacities and growth in organizations focused on worker safety. However, high implementation cost of equipment is a major restraint factor of market. Moreover, growth in adoption of industrial 4.0 across various industries and rise in industrial robotics are key opportunities for market.
Based on geography, the European region dominates the industrial automation market owing to growth in automotive production and rise in consumer electronics production in the region. The Asian-Pacific and North-American regions are anticipated to witness lucrative growth rate due to upsurge in economic growth, increase in the use of industrial robots and expand in urbanization over the forecast period. The global market is predictable to reach US $341.41 billion in 2023, growing at a CAGR of 9.35%, during 2019-2023.
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Rise in Adoption of Digital Technology Estimated to Drive Global Big Data Security Market over the Forecast Period: Ken Research

Big data security refers to a process for all the measures & tools used to guard both data and analytics processes from theft, attacks, or other malicious activities that could harm or negatively affect them. It has various characteristics that include variety, volume, velocity & veracity. It is used when traditional data mining & handling techniques cannot uncover the insights or meaning of the underlying data.

According to study, “Global Big Data Security Market, By Component (Software, Service), By Software (Encryption, Data Masking, Access Control, Security Intelligence, Data Governance), By Service (Professional, Managed), By Deployment (Cloud, On-Premise) - Forecast 2023” the key companies operating in the global big data security market are Hewlett Packard Enterprise Company, McAfee LLC, IBM Corporation, Symantec Corporation, Rapid7, Inc., FireEye, Inc., LogRhythm, Inc., Microsoft Corporation, Amazon Web Services, Gemalto NV, Check Point Software Technologies Ltd., Proofpoint, Inc., Fortinet, Cloudera, Inc., Zettaset, Inc., Hortonworks Inc., Pivotal Software, Inc., Centrify Corporation, Thales E-Security, Imperva, Inc.

Based on component, big data security market is segmented into services component and software component. Services segment includes professional services (consulting, support & maintenance and education & training) and managed services. Software segment includes encryption & tokenization and data masking, access control, backup & recovery, big data governance, security intelligence and others (big data discovery, audit & reporting, and classification). Based on technology, market is segmented into Identity & Access Management (IAM), Intrusion Detection System/Intrusion Prevention System (IDS/IPS), security information and event management, Unified Threat Management (UTM) and others. Based on deployment model, market is segmented into cloud based deployment and on-premise based deployment. Cloud based deployment segment holds major share in market owing to growth in use of cloud computing in big data and improved flexibility & cost-efficiency. Based on organization size, market is segmented into large enterprises and small & medium-sized enterprises. In addition, based on industry vertical, market is segmented into Banking, Financial Services, and Insurance (BFSI), retail & ecommerce, telecommunications and IT, government & defense, healthcare & life sciences, media & entertainment industry, manufacturing industry, energy & utilities and others.

The big data security market is driven by rise in cyber-attacks demand for scalable & high security solutions, followed by increase in variety & volume of business data generated from various sources, rise in adoption of digital technology, growth of e-commerce industry, increase in trend of smartphone ownership & respective applications (apps), high investments in research & development (R&D) and growth in developing regulatory landscape. However, low data security budget & high installation cost of solutions and lack of data security awareness may impact the market. Moreover, rise in demand from small & medium enterprises and growth in demand for third-party managed security service providers are key opportunities for market.

Based on geography, the North-America region holds major share in big data security market owing to presence of large vendors with a strong customer base, growth in expenditure with regards to adoption of new technologies and rise in innovative technologies in the region. The European and Asian-Pacific regions are also expected to witness higher growth rate due to rise in cyber-security attacks and surge in demand for managed security services over the forecast period. In upcoming years, it is estimated that future of the market will be bright caused by rapid growth in the volume of the business data during the forecast period. The global market is anticipated to reach around US $ 36.5 billion by 2023 at a CAGR of 16.9%.

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Nigeria Logistics Industry | Nigeria warehousing Market: Ken Research

Nigeria Courier, Express and Parcel Logistics Market
The overall revenue generated by the CEP Logistics market has increased from USD ~ Million in 2013 to USD ~ Million in 2018 at a positive CAGR of ~%during the period.
By B2B, B2C, and C2C: The growth of e-commerce business has led to a convergence of B2B and B2C traffic, with parcel logistics providers increasingly embracing both to serve clients’ Omnichannel supply chains. B2C is the segment that is contributing the most revenue in Nigeria. The B2B and C2C are contributing ~% and ~% revenue in the Nigeria CEP Market.
By International/Air and Domestic/Ground Express: The Revenue of International shipments increased from USD ~ Million to USD ~ Million in the period 2013-2018. The international shipments are done majorly by air which is expensive than the nominal charges of road express delivery. Hence, the revenue of international shipments dominates the market.
By Delivery Period:
It is contributing ~% in the courier, express and parcel market. It has a smaller share in the market but is expanding by the International companies and local players even to the International locations from Nigeria. Next day delivery, Two days and Three days delivery and more hold a greater share in the market.
By Intercity and Intracity:
Almost ~% of the revenue is coming from intercity shipments from cities such as Lagos as it is the commercial hub of the country and ~% of the revenue is coming from Intracity shipments. Intercity shipments are more than Intracity Shipments.
By Region:
Lagos State is holding a dominating share in the market due to the presence of major companies and Nipost followed by Abuja and Kano due to populated areas. Others include Nassaraw, Port Harcourt, Enugu, Calabar and more.
Snapshot on Nigeria Road Trucking Aggregators
There are few trucking aggregators that have emerged due to the problem of empty trucks traveling on the road leading to high logistics costs in the country. Various platforms such as Kobo360 and Lori systems have recently moved into the country where the company connects truckers and companies for delivery services through an application.
This is solving problems by providing reverse logistics in the country and also providing additional facilities such as financial aid, HMO facilities, and insurance. Big companies are partnering with aggregator platforms to reduce their logistics cost and also help self-employed truckers to earn better income by more number of trips.
Nigeria Third Party Logistics Market
The overall Nigeria 3PL market has grown from USD ~ Million in 2013 to USD ~ Million in 2018 at a positive CAGR of ~%. The companies do not generally invest in fleets and outsource the services to local players for their technology updated vehicles and assets.
By Market Type: The freight forwarding segment within Nigeria 3PL market dominated with a massive revenue share of ~% in the year 2018. The logistics companies especially the international companies instead of purchasing their own fleet for transportation of goods, outsource the contract to 3PL logistics companies.
Nigeria 3PL Market Competitive Scenario and Market Share of Major Players:
The Nigeria Logistics market is dominated by 3PL firms since the infrastructural challenges and low level of technological advancements discouraged core logistics firms to invest heavily in their own assets. The 3PL services are provided by international players such as DHL, UPS and domestic players such as MDS, GMC, GMT, Flux Logistics, Tranex and many more.
Snapshot on Nigeria E-Commerce Logistics Market
The overall e-commerce logistics revenue has increased from USD ~ million in 2013 to USD ~ million in 2018 with a CAGR of ~% which has further provided an impetus to the growth of logistics the market in the country.
The e-commerce sector is facing problems due to the pay on delivery option as the customers cancel the orders at the time of delivery causing loss to the e-commerce players. Poor customer service and questionable return policies have seen the trust deficit largely worsen among Nigerian customers. Major E-Commerce players in Nigeria are Jumia Nigeria, Konga, Payporte, OLX (used cars), Jiji Nigeria, and Mall for Africa, WaWooh and many more.
Competitive Landscape of the Market
The competition within Nigeria Logistics and Warehousing Market is highly fragmented in nature with the presence of national and international players such as DHL, FedEx-Redstar, UPS, GMT Logistics, MDS logistics, GIG, ABC transport, Bollore, Maersk Line, TSL and many more. The competition in the freight forwarding companies is more than warehousing due to the presence of multiple players with diversified solutions at competitive prices.
The logistic cost in the market is high leading to contraction of the manufacturing sector in the GDP. The warehouses that are near to Lagos are generally charged higher than other places due to its strategic location, trade centralization, and the presence of Industrial parks.
Nigeria Logistics and Warehousing Market Future Outlook and Projections
The overall Logistics Market in Nigeria is expected to increase from USD ~ Million in 2018 to USD ~ Million in 2023 at a positive CAGR of ~% during the period.
The key growth drivers for the market include the rising demand for products through online purchases which has augmented the E-commerce market. The increasing international trade volumes and domestic manufacturing are expected to increase the demand for freight forwarding services.
The key growth drivers of the warehousing sector will be the increasing investment in the industrial parks in export promoting zones with the PPP framework. The growing middle-class population and increasing retail stores and supermarkets will increase the demand for warehousing in the future. The logistics companies are expected to invest in advanced technologies solutions such as autonomous logistics, real-time tracking, and automation in order to provide improved customer service.
Key Segments Covered:-
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)
Warehousing Market
Revenue by Business Model
Industrial/Retail
CFS/ICD
Cold storage and agriculture
Revenue by Region
Lagos
Kano
Kaduna
Ogun
Nassaraw
Others
Revenue by Type of Warehouses
Open warehouses
Closed warehouse
Revenue by Contract and Integrated warehouses
Contract warehouses
Integrated warehouses
Revenue by End User
Food and Beverages
Automotive
Consumer retail
Health care
Others (Agricultural products and other perishable commodities)
Revenue by Market Structure
Regulated
Unregulated
Courier, Express and Parcel Logistics Market
Revenue by International and Domestic Shipments
International Shipments
Domestic Shipments
Revenue by Type of Express
Air Express
Ground Express
Revenue by Market Structure
B2B
B2C
C2C
Volume by Delivery Period
Same Day Delivery
Next Day Delivery
Two or More Days Delivery
Revenue by Intra City and InterCity
Intra City
InterCity
Revenue by Region
Lagos
Abuja
Kano
Others (Enugu, Port Harcourt, Calabar and many more)
3PL Logistics Market
By Market Type (Freight Forwarding and Warehousing)
Snapshot on E-Commerce Logistics Market in Nigeria
Snapshot on Trucking Aggregators
Kobo360
Lori system
Companies Covered
DHL
BHN Logistics
ABC Transport
UPS (United Postal Services)
Redstar Logistics
Maersk Line
MSC (Mediterranean Shipping Company)
TSL Logistics
Bollore Transport and Logistics
UPS (United Postal Services)
GMT Logistics
GIG logistics
Nipost (Nigerian Postal Service)
MDS logistics
Key Target Audience
Freight Forwarding Companies
E-Commerce Logistics Companies
3PL Companies
Consultancy Companies
Express Delivery Logistics Companies
Logistics/Warehousing Companies
Real Estate Companies/ Industrial Developers
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023F
Key Topics Covered in the Report:-
Logistics Industry Nigeria
Open warehouse Market Share
Import and Export Shipment Cost Nigeria
Industrial parks in Nigeria
Special Economic zones in Nigeria
Nigeria food and beverages industry
Nigeria Packaged food industry
International trade of Nigeria
Nigeria logistics and warehousing services
Nigeria export Revenue Market
Bollore Transport and logistics market share
UPS Nigeria Logistics Market Analysis
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Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249