KSA Logistics industry Research Report: Ken Research

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Logistics industry in KSA is one of the major logistics markets in the world after UAE and is expected to be the next transhipment hub for Asian, African and European countries, given the favorable location of KSA. Growth in the industry has been stimulated due to the high ease of doing business and ranked 89th position in the World.

The industry is dominated by Sea and land freight Movements considering the strong position in Oil Exports and import Dependency for all the Essential Products too. The country has strong trade relations with Asian countries, European countries, and the US. Land freight is usually common with UAE, Bahrain, Jordan, and Egypt. Air freight is quite expensive than any other Mode and is usually used for Express Shipments. The KSA also has a strong warehousing market segment where the real estate players are leasing out their space to logistics companies and Captive players for longer durations. Warehouses are concentrated in areas of Riyadh, Jeddah, Dammam, Al Khobar due to the high population and presence of Seaports. The Courier, Express, and Parcel market is driven by growth in Last-Mile deliveries and the E-Commerce segment in the country.

Challenges for Logistics Market in KSA

Over-dependence on Imports and Oil Export Earnings: Levels of domestic manufacturing in the country have remained very low since 2009. Hence, the country is largely dependent upon Imports for essential commodities, food products, Automotives, and more. The country is largely dependent upon Oil Export earnings and is providing 100% FDI in retail, Industrial segments to promote Non-Oil Sectors under Vision 2030.

Dependence on Expats for Labor: The Lack of Skilled local Labor in Saudi Arabia elevated the dependency on Expats. Due to more Expat population and lesser minimum wage set by the Labor Ministry laws of Saudi Arabia, the companies prefer to work with Expats at a lesser salary in Saudi Arabia logistics Market.

Limited Progress in E-Payment Gateways: The sophistication level in the country’s e-payment gateways have been well below as compared to more developed international retail markets over the period. Cash on delivery has been the most preferred mode of payment for online shipments in KSA over the past few years.

Congestion at Ports: Uncertainties within the maritime transport industry regarding safety, security, and cyber-security incidents is still a hindrance. Although the Government is trying to automate the Process by Introducing Export, Import Platforms which has reduced a lot of waiting time, congestion and Long procedures regarding custom clearance on the Ports.

Competition Overview

The competition in the Logistics space in KSA can be divided on the basis of different service segments including Freight Forwarding, Contract Logistics (Warehousing) and Express Delivery.

Domestic and International players such as Bahri logistics, Kanoo Terminal, Kuehne + Nagel, DB Schenker, DHL, Agility were identified to be dominant when it comes to Air Freight and Sea Freight, as they are associated with some big Groups/Conglomerates or have a strong brand name in the Global Market for their quality services.  Local Domestic Transporters dominate the Road freight Market on the basis of type of fleets, number of trucks, Prices, delivery periods and more While the International Express market in KSA is concentrated among majorly global players such as DHL, FedEx and more, the Domestic Express market is more fragmented but is strongly dominated by NAQEL express, SMSA Express, Saudi Post, ESNAD express and more in Saudi Arabia logistics Market.

Future Growth

The logistics sector in KSA is expected to grow in future with a dip in 2020 due to lockdown for few days that disrupted the Imports and Export Movements by all Modes which is expected to revie back in 2021. Logistics Companies are growing and updating new technologies such as RFID tags, WMS, Fleet Management Softwares, Blockchain, and ASRS at nominal prices to win their clients by providing quality services and improving customer experience and enhance service quality. The pharma logistics segment and the e-commerce logistics segment are expected to drive growth in the future, given the expected increase in medical products requirements post COVID-19 and the growing penetration of e-commerce in the country.

Key Target Audience: -

3PL Logistics Companies

Integrated Logistics Companies

E-Commerce Companies

Oil & Gas Companies

Retail Companies

Pharmaceutical Companies

Logistics/Supply Chain Industry Associations

Time Period Captured in the Report:

Historical: 2015 to 2019

Future: 2019 to 2025

Companies Mentioned:

Bahri logistics

Saudi Post

NAQEL Express

Kuehne Nagel

Almajdouie logistics

DHL Express

Fedex Express

Al Ayed Transport

SMSA Express

Tamer logistics

BAFCO shipping and Logistics

DB Schenker

Agility

JAS Worldwide

Kanoo Terminal Services

LSC warehousing and logistics

Hala Supply Chain

Namma Cargo

Wared logistics

Al Rashed transport

UPS

Kerry logistics

Mubarrad transport

Hellman logistics

OCSCL Shipping and Logistics

Al karsf

SMT logistics

Saudi Lana logistics

Fourwinds logistics

Takhzeen

NTF cargo

Alpha Cargo

GAC

Platinum Shipping and Logistics

Key Topics Covered in the Report: -

Saudi Arabia logistics Market size by Revenues

Saudi Arabia logistics Market Segmentation By type of Service (Freight Forwarding, warehousing, Courier, Express and parcel Market and Value added services) By Revenues

Market Segmentation by Modes of Freight (Including Domestic and International Cargo traveled for each Mode of freight, FTK traveled, Price per ton per kilometer)

The market size of Warehousing (Revenue, Total warehousing Space Average Occupancy, Revenues, Average Price per sqm per month)

Warehousing Space by Type of Entity (Real estate companies, Logistics Companies, Captive Companies)

Warehousing Space by Type of Warehouses (Industrial/ Retail, Agricultural, Cold Storages, ICD/CFS)

Courier, Express and Parcel Market (Domestic/ International Revenues, Average Price per Domestic and International Shipments, Total Domestic/ International Shipments)

E-commerce logistics Market size in Saudi Arabia

Top Companies dealing in each Service and Sub Service (Land freight, Sea freight, Airfreight By Volume, warehousing companies by warehousing Space, Express companies by International/ Domestic Revenues)

Top Companies by revenues dealing in each Vertical (E-commerce, Retail, Oil, and Gas and Pharma logistics)

Market Share of Logistics Companies in KSA by Service Mix and By Each Industry Verticals

Competition Analysis of Major Logistics Players in KSA by Revenues

Competition Analysis of Major Logistics Players in KSA ( including Volume, Average warehousing Space, Fleets, Average Occupancy rate,  Network, Client Retention, Industries catered, Services offered, Technology, Certifications, Strength)

For More Information On The Research Report, refer to below link: -

Future Of KSA Logistics industry

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UAE Cold Chain Market Outlook to 2025 – By Cold Storage (Ambient, Chilled and Frozen Warehousing) and Cold Transport (Land, Sea and Air), By End User (Dairy Products, Meat and Seafood, Pharmaceuticals, Fruits and Vegetables and Others) and By Ownership (Integrated and Contract Logistics)

Competition Benchmarking in UAE Logistics Market Outlook to 2025: Driven by High Ease of Doing Business, Technology Enhancement and Status of UAE as a Trans-shipment Hub

Saudi Arabia Dry Logistics and Warehousing Market Outlook to 2025 – Warehousing Automation and Investment within Transport Infrastructure to Drive Market Revenue)

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

Dissimilar Trends and Developments across Global Fiber Cement Market Outlook: Ken Research

 The fiber cement is taken into account as a material which affixes to the outside of each residential and commercial spaces because of its characteristics as resistance to wear and tear to concrete along with benefiting the residential house by keeping it sustainable from harsh components of the atmosphere. The residential sector is that the primary user of fiber cement. The fiber cement market is primarily driven due to billowing construction sector that embody each residential and commercial spaces, escalating variety of sensible town projects, rising income of the people along with housing projects initiatives by the central governments.

According to the study, ‘Global Fiber Cement Market is valued approximately USD 15.80 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2019-2026’ categorical that there are some corporates that presently functioning any with success for dominant the foremost effective growth of the market and getting the productive competitive edge whereas acceptive the productive profitmaking that intervals throughout that and policies like joint ventures, mergers and acquisitions, partnership, merger and merchandise development includes Zykron Fibre Cement Solutions, Toray Industries Inc., Cembrit Holding, James Hardie Building Products Inc, Plycem, Etex Group NV, The Siam Fibre-Cement Company Ltd, Building Materials Corporation of America, Nichiha Corporation, CSR Limited. Moreover, the stormy construction sector that include each residential and industrial areas is acting as key issue towards the utility and adoption of fiber cement as fiber cement are majorly utilized in the outside applications of housing and buildings. For instance: In keeping with International Construction Market Survey, the growth rate of construction industry globally within the year 2017 was calculable to be around 3.5% and it has been calculated to achieve to 3.9% (approx.) in the year 2018. Additionally, as per the annual report of European Construction Industry Federation (FIEC) in 2017, it is stated that construction activity in entire Europe grew by around 2.2% in the year 2016 (reaching approximately 1,278 billion Euro) compared to the year 2015. Similarly, within the year 2017, a similar surge is forecasted (more than 2%) followed by increase of 3% in the year 2018 ensuring into absolutely positively influencing the development and growth of fiber cement market. However, high price of fiber cements as compared to traditional cements impedes the expansion of the market over the forecast period of 2020-2026.

However, the impact of COVID-19 has negatively compact the infrastructure development and construction activities in both developed and developing countries and would still do therefore because of shortage of labour and also the impact of this pandemic would result into the rise in prices of fiber cements ultimately leading to restraining the development and growth of fiber cement within the coming months.

The regional investigation of global Fiber Cement market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is that the most country over the world in terms of market share due to the stormy construction sector which include eacb residential and commercial spaces along with increasing income of the peoples. Whereas, Asia-Pacific is additionally expected to exhibit highest rate of growth / CAGR over the forecast period 2020-2026. Factors like escalating number of smart city projects along with government initiatives like housing projects would produce profitable growth prospects for the Fiber Cement market across Asia-Pacific region.

Furthermore, increasing demand for fiber cement from construction professionals due to product features is predicted to spice up the world fiber cement market in future. Rapid industrialization and growing construction activities globally are different key factors chargeable for the expansion of the global market. Fiber cement is extremely demanded within the global market because of the high efficiency of fiber cement products and quick urbanization & industrialization in developing countries any influencing the expansion within the global fiber cement market. Further, ban on asbestos merchandise and booming industry foster the global market growth. Moreover, increasing investments in infrastructure development and funding from government agencies is expected to boost the overall fiber cement market growth.

For More Information, Click on the Link Below:-

Global Fiber Cement Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Service Offerings, Network, Pricing, Feedback and Experience serving Similar Customers are Key Parameters Considered by the Companies while Selecting a Logistics Partner: Ken Research

Expo 2020, the marquee event for Dubai in UAE has been postponed to 2021. The world expo originally scheduled to happen October 2020, has now been postponed to October 2021 due to the pandemic situation in the Emirates and the Gulf.

The Dubai Logistics sector was one of the least hit by the disruption in global supply chain due to a mixture of foresight, innovation and investment in futuristic technologies. Dubai’s E-Commerce trade zone ensured ease of doing business and running of streamlined operations.

E-Commerce transactions reached a new peak due to the lockdown restrictions issued in the country, with daily usage items, medicines, FMCG goods, retail items being ordered online.

Strategic Geographic Location: UAE’s strategic geographical location has elevated the country’s status as a multi-modal transit and re-export hub in Middle East. It lies on the transcontinental route which enables huge freight volume at UAE airports and seaports. The country is a transshipment hub for Europe, China, India, Japan, USA and Middle Eastern Countries such as Oman, Qatar, Saudi Arabia, Kuwait and Bahrain.

Logistics Infrastructure: With a well defined multi-modal transport infrastructure, the UAE has world class facilities in terms of roads, airports, sea ports, telecommunications and a growing rail network. In the Global Competitive Index prepared by the World Economic Forum, the country was ranked number 1 on Road Quality Index, 3^rd on Airport Infrastructure, 4^th on Sea Port Infrastructure Quality Index and 4th on 4^th on the basis of Quality of Infrastructure. Dubai’s Jebel Ali Port is ranked the 9^th biggest sea 10 port globally, and has a handling capacity of 22.4 million TEUs.

E-Commerce Segment Growth: Increasing mobile and internet penetration, consumer demographics of population of UAE and huge dependence on international trade has fostered the growth of e-commerce market. Given the pandemic situation, the scope of E-Commerce and online selling grew with people not looking to move outside due to the lockdowns. Hence, delivery services and e-commerce logistics were given a huge push due to the pandemic situation.

Analysts at Ken Research in their latest publication "Competition Benchmarking of Top Logistics Players in UAE in Transportation, Warehousing, 3PL, International Express, Domestic Express, Automotive, Pharma, Oil and Gas and Retail Logistics" observed that the UAE logistics space is growing on the back of the strong transport infrastructure in the country, the favorable geographical position of the UAE, ease of doing business in the UAE as well as the import-dependent nature of the country for major sectors such as Retail. The UAE Logistics space grew at a CAGR of 3.8% from the year 2015 to 2018, with the Express segment growing the fastest during the period.

Key Target Audience:-

3PL Logistics Companies

Integrated Logistics Companies

E-Commerce Companies

Oil & Gas Companies

Retail Companies

Pharmaceutical Companies

Logistics/Supply Chain Industry Associations

Time Period Captured in the Report:-

Historical: 2015 to 2019

Future: 2019 to 2025

Companies Mentioned:-

Kuehne + Nagel

Agility

Emirates Post

Al-Futtaim Logistics

DB Schenker

DHL

FedEx Express

UPS

Allied Transport

Freightworks

Zajel Courier Services

Time Express

Bollore Logistics

Danzas AEI

Mohebi Logistics

Hellmann Worldwide Logistics

Tristar

Gulf Agency Company

CEVA Logistics

ATS

Skynet

Sky Express

Avalon General Land Transport

GSL (Global Shipping and Logistics)

RSA Global

Roadlink Transport

Al Mujarad Transport

For More Information on the research report, refer to below link:-

Logistics industry in the UAE

Related Reports:-

Saudi Arabia Dry Logistics And Warehousing Market Outlook To 2025 – Warehousing Automation And Investment Within Transport Infrastructure To Drive Market Revenue)

Philippines Logistics Market Outlook to 2024– By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)

India Logistics Market Outlook to FY24–Driven by Government Infrastructure Push, New Age Logistics Startups, and Technology Innovation

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

Competition Benchmarking of Top Logistics Players in UAE: Ken Research

The Logistics industry in the UAE is one of the top 5 logistics markets in the world, given the favourable location of UAE at the intersection of Asia, Africa & Europe. Growth in the industry has been stimulated due to the high ease of doing business in the Emirates, due to which the country is home to a lot of global and multi-national brands.

The industry is home to an extremely strong Freight Forwarding segment, driven by the UAE’s position as a key facilitator for global re-exports. Moreover, given its high dependence on Imports for Consumer Products and Technology, the UAE has strong trade relations with far-Eastern countries, European countries and the US. Given its oil-producing capabilities, the country relies heavily on Sea Freight as a mode of cargo transport, with the service being almost a common feature amongst freight forwarding companies in the country. The UAE also has a strong warehousing market segment, driven by players that lease warehousing space for long durations of time. Warehousing operations near to the Jebel Ali Port and Dubai Airport are considered most favourable to reduce the transportation cost from port to mother-hub. The Courier, Express and Parcel market is driven by growth in Last-Mile deliveries and the E-Commerce segment in the country.

Challenges for Logistics Market in the UAE

Over-dependence on Imports: Levels of domestic manufacturing in the country have remained very low since 2009. On the account of this industries have majorly required freight forwarding services from logistics service providers during this period. This has left very limited scope for end-to-end logistics services in country. Moreover, small size of the domestic manufacturing has forced the logistics companies to serve the international markets in the recent years which have made cost effectiveness very important.

Limited Progress in E-Payment Gateways: The sophistication level in the country’s e-payment gateways has been well below as compared to more developed international retail markets over the period. Cash on delivery has been the most preferred mode of payment for online shipments in UAE over the past five years.

Limited Options in Surface Transportation: While the UAE possesses a top notch sea and air transportation network, the options available in surface transportation have remained limited since 2009. Companies can send consolidated freight only by road as there is a lack of an efficient rail network in the country. Due to this the contribution of road transport in the overall logistics revenues of the country has remained significantly low over the past five years, especially when compared to logistics markets in countries like Saudi Arabia.

Competition Overview

The competition in the Logistics space in the UAE can be divided on the basis of different service segments including Freight Forwarding, Contract Logistics (Warehousing) and Express Delivery.

International players such as Kuehne + Nagel, DB Schenker, DHL, Agility were identified to be dominant when it comes to Air Freight and Sea Freight, simply due to the large MNC accounts managed by these companies and the strong volumes they transport from international markets to the UAE. When it comes to Land Freight, local companies such as Avalon, Allied Transport, ATS, Mohebi Logistics and NTDE were identified to be most dominant, because of their trucking fleet in the Emirates.

While the International Express market in the UAE is concentrated among majorly global players such as DHL, FedEx and UPS, the Domestic Express market is more fragmented due to heavy competition among local players such as Zajel Courier Services, Skynet, and Time Express. Emirates Post is a government owned entity that leads the Domestic Express market.

Future Growth

While the COVID-19 situation has hit global supply chains largely, the UAE has been comparatively less impacted. The logistics market in the country is expected to grow on the back of new technologies such as Automation, Blockchain and Internet of Things, which will be explored to increase efficiency, improve customer experience and enhance service quality. The pharma logistics segment and the e-commerce logistics segment are expected to drive growth in the future, given the expected increase in medical products requirements post COVID-19 and the growing penetration of e-commerce in the country.

Key Target Audience:-

3PL Logistics Companies

Integrated Logistics Companies

E-Commerce Companies

Oil & Gas Companies

Retail Companies

Pharmaceutical Companies

Logistics/Supply Chain Industry Associations

Time Period Captured in the Report:-

Historical: 2015 to 2019

Future: 2019 to 2025

Companies Mentioned:-

Kuehne + Nagel

Agility

Emirates Post

Al-Futtaim Logistics

DB Schenker

DHL

FedEx Express

UPS

Allied Transport

Freightworks

Zajel Courier Services

Time Express

Bollore Logistics

Danzas AEI

Mohebi Logistics

Hellmann Worldwide Logistics

Tristar

Gulf Agency Company

CEVA Logistics

ATS

Skynet

Sky Express

Avalon General Land Transport

GSL (Global Shipping and Logistics)

RSA Global

Roadlink Transport

Al Mujarad Transport

Key Topics Covered in the Report:-

UAE Logistics Industry Overview

UAE Logistics Industry Market Size by Sub-Service, 2015-2025

UAE Logistics Industry Market Size by Vertical, 2015-2025

UAE Logistics Sub-Service Market Segmentation by End User Verticals, 2019-2025

UAE Warehousing Market Segmentation by Type of Warehouses, 2019

Competitive Landscape including Major Players in each Service Segment, 2019

Competitive Landscape including Major Players in each Vertical Segment, 2019

Cross-Comparison of Major Freight Forwarding and Express Players, 2019

Company Profiles of Major Players in each Segment

Major Trade Lanes for Land Freight, Sea Freight, Air Freight and International Express, 2019

Pricing Analysis for Major Players by Service Mix, 2019

For More Information on the research report, refer to below link:-

Logistics industry in the UAE

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Saudi Arabia Dry Logistics And Warehousing Market Outlook To 2025 – Warehousing Automation And Investment Within Transport Infrastructure To Drive Market Revenue)

Philippines Logistics Market Outlook to 2024– By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)

India Logistics Market Outlook to FY24–Driven by Government Infrastructure Push, New Age Logistics Startups, and Technology Innovation

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

Dissimilar Trends And Developments Across Global Immunohistochemistry Market Outlook: Ken Research

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 Immunohistochemistry (IHC), is a major application of polyclonal and monoclonal antibodies which makes to recognize the tissue distribution of an antigen. It is utilized in the identification of antigens, tumour cell proliferation, enzymes and tumour suppressor genes. Immunohistochemical staining is extensively used in the treatment of abnormal cells like as found in cancerous tumours. Certain molecular markers are characteristic of definite cellular events like proliferation or death of cell also known as apoptosis. Further, immunohistochemistry is widely used in ultra-critical research to recognize the circulation and localization of biomarkers and differentially expressed proteins in different parts of biological tissue. Rising prevalence of chronic diseases like cancer, cardiovascular, etc., raising drug discovery and development activities and the launch of technologically advanced immunohistochemistry solutions are some factors accountable for high CAGR of the market during the forecast amount.

The report interpretation of,’ Global Immunohistochemistry Market is valued approximately at USD 1.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.5% over the forecast period 2020-2026’ The global market for immunohistochemistry demonstrates a highly competitive business landscape with a significantly high number of participants Danaher Corporation, Agilent Technologies, Inc., Thermo Fisher Scientific Inc., PerkinElmer, Inc., Abcam PLC, Cell Signalling Technology, F. Hoffmann-LA Roche AG, Merck Millipore, Bio-Rad Laboratories,  and Bio SB, Inc. are the vital key players in the market. These companies are presently focusing on innovation and advancements in their products to remain pertinent in this competitive environment. But their focus is anticipated to shift towards strategic alliances in the upcoming years, in an effort to expand their reach across various countries. The market is further divided on the basis of product, application and application. By product into Antibodies, Equipment, Reagents, Kits. By Application into Diagnostics, Drug Testing. By End-User into Hospital & Diagnostic Laboratories, Research Institutes and Others.

On the idea of geographical distribution, the global Immunohistochemistry market is divided for the key regions such as Asia Pacific, North America, Europe, Latin America and Remainder of the World. North America has been leading and dominating in this market across the world with regards to market share due to the high adoption of IHC instruments in laboratories and diagnostic centres, with the availability of well-established healthcare facilities in the region. Whereas, Asia-Pacific is additionally anticipated to exhibit highest growth rate / CAGR over the forecast period amount, because of the rapidly increasing elderly population and increase in the prevalence of chronic diseases in the countries such as China and India.

Furthermore, rising regulatory approval and development of novel IHC products are expected to support IHC market expansion. Additionally, the global market for immunohistochemistry is advantaging substantially from the rising prevalence of cancer and various other chronic diseases across the world. Aside from this, the alarming need in the medical and healthcare spending and the shifting focus on value-based healthcare solutions are also supporting the growth of the global market, substantially. Moreover, the increasing uptake of advanced technologies in the medical and healthcare industries is likely to spice up this market over the coming years.

For More Information on the Research Report, refer to below links: -

Global Immunohistochemistry Market Growth

Related Report:-

Tissue Diagnostic Market by Product Type (Consumables and Instruments), by Technology (Immunohistochemistry (IHC), in Situ Hybridization (ISH), Digital Pathology and Workflow Management, and Special Staining), by Diseases (Breast Cancer, Gastric Cancer, Lymphoma, Prostate Cancer, Non-Small Cell Lung Cancer (NSCLC), and Others), and by End-users (Hospitals, Research Laboratories, Ambulatory Surgical Centers, Diagnostic Centers, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2026

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Profitable Insights of Global Cell Surface Makers Detection Market Outlook: Ken Research

 Cell surface markers are also expressed as cell surface antigens that provide monograms to find and categorise cells. The proteins expressed on the surface of cells usually suitable to serve as markers of specific cell types. There are certain combinations of markers or antigens can be detected through cell surface makers detection, in the distinct kinds of cells, this molecule identification aid in detection of diseases, and to observe the direct treatment for the disease, drug invention, and so on. It additionally helps in the calculation of cell type expression of particular receptors, necessary for biological response. 

The study analysis of,’ Global Cell Surface Markers Detection Market is valued approximately USD 4.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 10.2% over the forecast period 2020-2026’ Companies are actively entering into strategic agreements and collaborations with other players in the industry to improve their product and increase visibility owing to strategic product placement. Some of the key market players are Abbott Laboratories, Beckman Coulter, Inc., BD Biosciences, BioRad Laboratories Inc., Grifols SA, Janssen Diagnostics, Inc, Nihon Kohden Corporation, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific, Inc. and Siemens Healthcare.  Partnerships, product inaugurate, merger & acquisition, research and development are the competitive ways acquired by these players. The market is further segmented into type and applications. On the basis of type fragmented into Flow Cytometry, Haematology Analyzers, Cell Imaging Systems and Reagents and Kits. On the basis of application into Drug Discovery & Research, Disease Diagnosis & Identification and Others. Further, it may be advantageous in personalized medicine, in which it assists the physician to choose the most systematic therapy to be used for analysing and understanding the cells isolated from patients. Thus, increase in prevalence of cancer, rising funding for life science and stem cell research and the development in monoclonal antibody production and creation of cell-specific antibodies are the few factors responsible for high CAGR of the market over the forecast amount.

The geographical analysis of global Cell Surface Markers Detection market is considered for the key regions includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the foremost region across the globe with regards to market share because of rising number of R&D activities and surging use of cell surface markers in drug discovery and personalized medicine in the country. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast amount, because of growing number of life sciences research activities and supportive government initiatives & grants to enhance the biotechnology and pharmaceutical industries in the countries such as China and India.

Moreover, the increase in a number of research projects for cell biology and molecular biology techniques is attributed to the predicted expansion in this sector. Also, rising incidence of different cell-associated and oncology diseases also drive the in vitro diagnostics demand relying on the principle of cell analysis and quantification and advancements in monoclonal antibody production and generation of cell-specific antibodies for diagnostic and prognostic usage are expected to boost growth. Furthermore, availability of reagents and staining dyes that are useful in specific cytological protocols are also attributed to the growth of market throughout the forecast amount.

For More Information, Click on the Link Below:-

Global Cell Surface Markers Detection Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249