Growth in Adoption of Genomic Technologies Expected to Drive Global Genomics Market: Ken Research

 Genomics referred as the study of a gene & its functioning. Its main aim is to understand the genome's architecture that comprises the ribonucleic acid (RNA), deoxyribonucleic acid (DNA), and proteins. It examines the molecular mechanisms and interaction of genetic & environmental factors in the diseases. Additionally, genomics is a wide spectrum that includes structural genomics, epigenomics (epigenetics), functional genomics, comparative genomics, and pharmacogenomics.

According to study, “Genomics Market Global Report 2020-30” the key companies operating in the global genomics market are Fluidigm Corporation, 10X Genomics, Qiagen NV, Johnson & Johnson Private Limited, Affymetrix, Angle PLC, Zephyrus Biosciences Inc., Illumina, Inc., Denovo Sciences Inc., Enumeral, Epic Sciences, Kellbenx Inc., Diagnologix LLC, Dolomite Bio, Agilent Technologies Inc., DNA Electronics Ltd, Resolution Bio Science Inc., Yikon Genomics Co. Ltd, Thermo Fisher Scientific Inc., Wafergen Bio-systems Inc., CellBio, Becton Dickinson, Bio-Rad, Beckman Coulter, Carl Zeiss Microscopy, Cellsee Diagnostics, CellSorter, Cell Microsystems, Cytena, CytoTrack, Fluxion Biosciences.

Based on product & service, genomics market is segmented as system & software, consumable and services. The consumable segment dominates the market as they are extensively consumed by the consumers and it provides accuracy & precision in the preparation of the genomics. The services segment is anticipated to witness higher growth due to services offered by the companies include service partnerships, analysis & data management solutions, and financial solutions during the forecast period. Based on technology, market is segmented as Polymerase Chain Reaction (PCR), sequencing, nucleic acid extraction & purification, microarray and others (single-cell genomics analysis, branched DNA analysis, and flow cytometry). The sequencing segment holds major share in global market as its variant libraries & genes, and increases the function of proteins. Based on application, market is segmented as drug discovery & development, agriculture & animal research, diagnostics, precision medicine and others (biofuel research, marine research and forensics). In addition, based on end-user, market is segmented as hospitals & clinics, research centers and academic & government institutes, pharmaceutical & biotechnology companies and others (agri-genomics organizations, non-profit organizations (NPOs), and direct-to-consumer genetic companies).

The genomics market is driven by growth in application areas of genomics, followed by rise in government funding & growth in number of genomics projects, increase in new players & start-ups in the genomics market. However, high cost of genomic equipment and dearth of trained professionals may impact the market. Moreover, rise in use of genomics in specialized/personalized medicine is a key opportunity for market.

Based on geography, the North-American region dominates the global genomics market owing to increase in research funding & government initiatives in genomics in the region. The Asian-Pacific and European regions hold major share in global market due to rise in the awareness and growth in adoption of numerous genomic technologies in the developing nations such as China and India for diagnosis, detection and treatment of multiple genetic disorders such as diabetes, cancer and others during the forecast period.  The global genomics market was valued at US $851.96 million in 2019 and it is projected to grow at a CAGR of 14.71% and reach US $1475.11 million by 2023.

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Global Genomics Market

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Effective Extend In Trends Of Bulgaria Agriculture Market Outlook: Ken Research

Agriculture is one of the hottest and greatest promising areas of Bulgaria. Bulgaria enjoys excellent natural circumstances for emerging the agriculture and forestry sector. Cultivated agricultural land lodges around 4.9 million hectares or 44% of the whole territory of the country. The favorable weather for crop production and the obtainability of agricultural land and long traditions have caused in well-developed plant rising and animal breeding. Additional benefits are the low labor budgets and the high-schools and colleges proposing training in modern farming and animal breeding.

According to the analysis of report,’ Bulgaria Agriculture Market Trends, Statistics, Growth, and Forecasts’ The Bulgaria government has been helping the agriculture industry with a quantity of policies, making efforts to steady the productivity and in search of ways to make sure the area is rising healthily and sustainably. The Bulgaria federal government has been exceedingly caring of agriculture for many years, and there is broad political accord as to the essential for land, labour and tax reorganization to support the sector reach it’s prospective. Due to helpful policies, the agriculture sector’s performance has been up steady within recent years. Bulgaria keeps its initial position within the world in terms of farming production, producing big amount of rice, wheat, cotton, meat, poultry, eggs and fishery product. The innovative strategy calls for additional hard work to guarantee the amount of key farm products, promoting the supply-side structural reform and, more importantly, increasing environmental protection as well as pollution prevention and waste treatment. Despite the fast development of Bulgaria’s agriculture sector, glitches emerge in relative to a multiplicity of aspects, as well as the shrinking arable land, the deteriorating ecological status of atmosphere owing to the weighty usage of fertilizers and pesticides, and the issue of food security. There is also much room to improve in terms of increasing the use of machinery and advanced technologies in the agriculture sector.

The country has prepared determinations to participate innovative agricultural technologies to enhance the sector’s productivity and rise land productivity. The high charges and low incomes of agricultural production are the main internal inhibitors of Bulgaria’s agriculture sector. They are in addition the main factor obstructing the expansion of farmers’ income and resulting in withdrawal of the labour force in agriculture.

Bulgaria has taken economic expansion seriously and wants to feed its whetted hungriness. Bulgaria’s agriculture sector delivers livelihoods to households in rural areas. Together with forestry and fisheries, it is one of the leading contributors to Bulgaria’s GDP. Agricultural approaches including primitive subsistence farming, intensive subsistence farming, commercial farming and plantation farming as a variant of commercial farming are all present in India. Some states specialise in rising certain crops commercially, while others grow the same crops as a subsistence farming activity.

Furthermore, the Bulgaria government has for years actively sustained the agriculture sector with the help of mechanisms like fertiliser subsidies, and relaxed loaning conditions, amongst others, letting farmers to have a fair-minded estimation of their revenues and strategy for the succeeding agricultural season consequently. Through a network of public organisations and numerous programmes and schemes, Bulgaria’s federal and regional authorities are making efforts to defend agricultural producers and enhancement production. Therefore, it is expected that Bulgaria Agriculture Market will boost up in the upcoming years.

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Bulgaria Agriculture Market

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Germany Agriculture Market Trends, Statistics, Growth, and Forecasts

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Great Modernisation Across Germany Agriculture Market Outlook: Ken Research

Germany Agriculture is vital for the country's food security and additionally a supplier of jobs. Over 80 percent of Germany's land is utilized for agriculture and forestry. Like alternative sectors of the economy, it’s undergone profound structural changes within the half of the 20th century. Germany's farming sector is one in every of the four largest producers within the European Union. Germany is that the largest pork producer, the most important milk producer, and also the second largest beef & meat producer within the EU. It’s highest five commodities are milk, sugar, wheat, potatoes and barley.

According to the study, ‘Germany Agriculture Market Trends, Statistics, Growth, and Forecasts’ The Germany government has been supporting the agriculture commerce with a variety of policies, making an efforts to stabilise the output and seeking in which to make sure the area is growing healthily and sustainably. The Germany federal government has been exceedingly confirming of agriculture for many years, and there’s broad political compromise on the requirement for land, labour and tax reform to assist the area reach its potential. Due to confirming policies, the agriculture sector’s performance has been up steady in recent years. Germany keeps its original rank within the world in terms of farming output, manufacturing massive quantities of rice, wheat, cotton, meat, poultry, eggs and fishery product. The new strategy involves lot of efforts to make sure the quantity of key farm product, promoting the supply-side structural reform and, a lot of significantly, and enhancing environmental protection in addition as pollution prevention and waste treatment. Despite the fast development of Germany’s agriculture sector, issues emerge in regard to a spread of aspects, as well as the shrinking cultivatable land, the deteriorating ecological standing of surroundings because of the weighty use of fertilisers and pesticides, and also the issue of food security. There’s additionally abundant space to enhance in terms of accelerating the utilization of machinery and advanced technologies within the agriculture sector. The country has created efforts to integrate new agricultural technologies to enhance the sector’s potency and increase land productivity.

The high prices and low profits of agricultural production are the foremost internal inhibitors of Germany’s agriculture sector. They’re in addition the first issue obstructing the expansion of farmers’ income and resulting in shrinking of the labour force in agriculture. The government has adopted a variety of multi-year policies, like a pledge to double farmer incomes and become self-reliant in pulses over an unspecified short-rang amount. However, reform must go abundant deeper, particularly considering the actual fact that within the years to 2050, agriculture is predictable to produce livelihoods for about half the agricultural population, despite in progress urbanisation within the country. Most farmers are engaged in low-scale subsistence farming and have a tough time accessing credit and paying it back. So poverty and crop vacation years, in addition abandoning farming, or may be committing suicide, is widespread among farmers within the country.

Furthermore, Germany is one in every of the most important markets for agricultural machinery and implements in Europe supported by the big turnover for this business within the country. The Germany government has for many years actively supported the agriculture sector through mechanisms like fertilizer subsidies, and relaxed loaning conditions, amongst others, permitting farmers to own a good estimation of their revenues and arrange for consecutive agricultural season accordingly. Through a network of public establishments and varied programmes and schemes, Germany’s federal and regional authorities are tried to safeguard agricultural producers and boost production. Thus, it is predicted that the Germany Agriculture Market can increase within upcoming years.

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Germany Agriculture Market

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China Agriculture Market Trends, Statistics, Growth, and Forecasts

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Increase in Infertility Rate among Adults Expected to Drive Global Fertility Drugs Market: Ken Research

 Fertility Drugs are drugs which are considered to be the primary treatment for treating the infertility in men and women. These drugs enhance the reproductive ability by improving the quality of egg or sperms by enhancing the levels of certain hormones in human body. Fertility drugs regulate the ovulation. These drugs generally work like the natural hormones luteinizing hormone (LH) and follicle-stimulating hormone (FSH) to trigger ovulation. They are also used in women who ovulate for trying to stimulate a better egg or extra egg/eggs. These drugs may include Gonadotropins, Clomiphene citrate, Metformin etc. Apart from this, fertility drugs carry some risks such as Pregnancy with multiples, ovarian hyperstimulation syndrome (OHSS), and Long-term risks of ovarian tumors.

According to study, “Fertility Drugs Market Global Report 2020-30” the key companies operating in the global fertility drugs market are Berlex Laboratories, Inc., Merck & Co. Pharmaceutical Company, Eli Lilly, Noven Pharmaceuticalorganon, Inc., Baxter Healthcare Corporation, Personal Products Company, Ferring Pharmaceauticals, Inc., Pfizer, Inc., Janssen Pharmaceuticals Inc., Ther-Rx Corporation, Leadiant Biosciences Inc., Procter & Gamble Pharmaceuticals, Solvay Pharmaceuticals, Inc., Emd Serono, Inc., Bayer Healthcare Pharmaceuticals, Actavis Generics, Roche Pharmaceutical, Takeda Pharmaceautical Co. Ltd. and Emd Serono Inc. The key companies are focusing on the product innovations, expansions, Mergers & Acquisition (M&A), finding new market in their core competency in order to increase individual market share.

Based on gender type, fertility drugs market is segmented as male fertility treatment and female fertility treatment. Based on treatment type, market is segmented as Intra Cytoplasmic Sperm Injection (ICSI), In Vitro Fertilization (IVF), Hormonal, Alternative & Complementry Treatment and Intra Uterine Insemination (IUI). Based on infertility type, market is segmented as unexplained infertility, endometriosis, blocked or damaged tubes, polycystic ovarian syndrome, and others. Based on route of administration, market is segmented as intravenous, oral, intramuscular and subcutaneous. Based on type of drug, market is segmented as over-the-counter drugs and prescription fertility drugs. In addition, based on distribution channel, market is segmented as retail pharmacies, hospital pharmacies and online pharmacies.

The fertility drugs market is driven by rise in prevalence of polycystic ovarian syndrome among younger women, followed by increase in average age of conceiving in women, change in lifestyle & cultural shift, increase in infertility rate among adults, surge in investment by pharma companies in fertility treatment centers, increase in sexually transmitted diseases among men & women and increase in government policies & schemes for infertility treatment. However, side-effects associated with fertility drugs such as birth defect, high cost of fertility drugs, black market of fertility drugs and high failure rate of treatment may impact the market. Moreover, growth in technological advancement, increase in awareness among people and growth in medical tourism are key opportunities for market.

Based on geography, the North-American region holds major share in global fertility drugs market owing to rise in prevalence of sedentary lifestyles & obesity in the Americas, particularly in the U.S. The Asian-Pacific and European regions are estimated to witness higher growth rate due to increase in awareness about women’s health & fertility treatments over the forecast period. The global fertility drugs market was valued at US $4.26 billion in 2019 and it is likely to grow at a CAGR of 5.80% and reach US $5.33 billion by 2023.

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Global Fertility Drugs Market

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Global Fertility Drugs Market Report 2019, Competitive Landscape, Trends and Opportunities

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Rise in Prevalence of Genetic Diseases Expected to Drive Global Proteomics Market: Ken Research

 Proteomics referred as the study of proteomes, which is a set of proteins that is produced in an organism, system, or any biological context. They may vary from cell to cell and changes over a specific period of time. They are used in various applications such as in transcriptional & post transcriptional studies, to investigate protein expression, metabolic pathways, to study localization of sub cellular proteins, to study protein interaction in diseases viz. cancer etc. Proteomics can be studied using various technologies including gel-based techniques, mass spectrometry, and others.

According to study, “Proteomics Market Global Report 2020-30” the key companies operating in the global proteomics market are Thermo Fisher Scientific, Inc.; Merck KGaA; Waters Corporation; Perkinelmer, Inc.; Agilent Technologies, Inc.; Danaher Corporation;  Bio-Rad Laboratories, IncCaprion Biosciences; Luminex Corporation; .; Bruker Corporation; GE Healthcare; LI-COR, Inc.; Siemens Ltd; Genzyme Corporation; Creative Proteomics; Becton, Dickinson and Company; Promega Corporation

Based on instrumentation technology, proteomics market is segmented as spectroscopy, protein microarrays, chromatography, x-ray crystallography, electrophoresis protein fractionation and surface Plasmon resonance. Spectroscopy includes NMR spectroscopy, mass spectroscopy, and CD spectroscopy. Protein microarrays include microarray instruments (arrayers, integrated systems and microarray scanners) and biochips (lab-on-chips and protein chips). Chromatography includes Ion chromatography, HPLC, supercritical fluid chromatography and affinity chromatography.  Electrophoresis includes capillary electrophoresis and gel electrophoresis. Based on reagent, market is segmented as spectroscopy reagents, immunoassay reagents, protein microarray reagents, electrophoresis reagents, x-ray crystallography reagents, protein fractionation reagents, chromatography reagents. Based on software & services, market is segmented as bioinformatics software & services and core proteomics services. Bioinformatics software & services are further sub-segmented as bioinformatics tools, bioinformatics databases and bioinformatics services. Core proteomics services are further sub-segmented as protein separation services, protein identification services, protein sequencing services, custom assay services, protein characterization services, quantitative proteomic services and others. In addition, based on application, market is segmented as clinical diagnostics (diabetes, cancer, cardiovascular diseases, infectious diseases, immune diseases, neurological disorders and others), drug discovery (preclinical studies, lead optimization, lead identification and target discovery) and others.

The proteomics market is driven by rise in demand for advanced diagnostics in targeted disease treatment, followed by increase in geriatric population demanding personalized medicines, rise in prevalence of target diseases and increase in pharmaceutical & biotechnology Research & Development (R&D) expenditure and government funding for proteomics. However, low biomarker discovery-to-approval ratio and high cost of instruments may impact the market. Moreover, personalized proteomics for precision health and growth in prominence of nanoproteomics are key opportunities for market.

Based on geography, the North-American region holds major share in global proteomics market owing to increase in research activities, rise in government funding, improved healthcare infrastructure, rise in awareness regarding applications of proteomics, increase in prevalence of cancer and increase in health care expenditure in the region. Whereas, the Asian-Pacific and European regions are anticipated to witness higher growth rate due to increase in cancer research activities and presence of key market players over the forecast period. It is estimated that future of the global market will be optimistic as a result of presence of a large number of drug manufactures globally during the forecast period. The global proteomics market was valued at US $18.01 billion in 2019 and it is expected to grow at a CAGR of 14.79% and reach at US $31.28 billion by 2023.

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Global Proteomics Market

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Online Advertising Market Future Outlook: Ken Research

 Internet advertising is the effective procedure of utilizing the internet as a medium to provide marketing or promotional messages to an acknowledged as well as intended audience. It reliefs to attract website traffic & brand acquaintance and is designed to encourage the targeted shopper to engage in a specific action such as making an obtaining. It is one of the most operative ways for all businesses to find fresh customers, expand their reach, and differentiate their revenue streams.

Businesses utilize internet advertising (such as banners, pay-per-call ads, pay-per-click ads, and pop-ups) in e-newsletters, on search engines, on like-minded websites, and in online versions of magazines and newspapers as a way of accomplishment out to people who utilize the internet for shopping or to collect information. Internet advertising not only services brands to find the accurate audience but it is also the fast & easy way of advertising, which comforts keep the target audience engaged.

Online advertising utilizes numerous tools and approaches for online marketing functions which embrace sales CRM, e-commerce, e-mail, marketing automation, WCM, social CRM, and web analytics. All such software tools communally facilitate an organization to change and implement operative and resourceful marketing strategies.

The worldwide online advertising market endures rising in tandem with the international internet user base, social networking websites, income, and the widespread embracing of broadband. The industry is being encouraged by mobile internet activity, aggregate attractiveness, and fame of mobile devices which embraces tablets and smartphones that are proving to be advantageous.

The major factors that are pouring the Online Advertising Market Forecast are improved focus on digital media, cost-effectiveness, smartphone penetration, advertising by content providers, and intensifying numbers of advertisers on social networking sites. The foremost factor that is limiting the growth of online advertising is the lack of practiced personnel and still use of traditional advertising influences such as television and newspapers. The central opportunity for the growth of online advertising in the future would be the occurrence of SAAS based solutions.

In addition, North America is probable to emerge as a protruding market for online advertising, with the U.S. underwriting a significant share. The great proliferation of online content, growing consultation of online sources by buyers, and a noteworthy amount of time spent online are influencing the growth of the market across this region.

Moreover, the Asia Pacific is slated to unveil substantial growth over the review period, promising a foremost chunk of share in the worldwide market. India and China are the foremost markets across this region, on account of their growing adoption of technology, widespread urbanization and industrialization, and promising government initiatives. As a number of market players are inflowing terrains such as the food and beverage industry, the growth of the market across this region is further reinforced. Therefore, in the near years, it is predicted that the market for online advertising will increase around the globe more significantly over the forthcoming years.

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Online Advertising Market Growth

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Oman Online Advertising Market Outlook to 2023 – By Medium (Desktop and Mobile), By Type (Search Advertising, Social Media Advertising, Banner Advertising, Video Advertising, Online Classifieds), By Sectors (Hospitality & Tourism, FMCG, BFSI, Telecommunications, Healthcare, Automotive, Retail and others) and By Model (Cost Per Mile, Cost Per Click and Cost Per Action)

Singapore Online Advertising Market Outlook to 2023 – By Type (Search Ads, Social Media Ads, Video Ads, Banner Ads, Online Classifieds and others), By Type Medium (Desktop, Mobile), By Sectors (FMCG, Entertainment & Media, BFSI, Automotive, Retail, Healthcare and others) and By Models (Cost Per Click, Cost Per Mile and Cost Per Action)

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Prominent Growth Across Norway Agriculture Market Outlook: Ken Research

Norway incorporates marginal production space for several important crops, and is one in every of few European countries that can’t grow sugar crops. Agriculture has continually been of great importance for Norway, as feeding the world’s largest population is not a simple task. Norway keeps its initial rank within the world with regards to farming output, manufacturing large quantities of rice, wheat, cotton, meat, poultry, eggs and fishery products. The new strategy requires additional efforts to confirm the availability of key farm products, promoting the supply-side structural reform and, additionally significantly, enhancing environmental protection in addition pollution prevention and waste treatment.

The report analysis of,’ Norway Agriculture Market Trends, Statistics, Growth, and Forecasts’  The Norway federal government has been extremely supportive of agriculture for many years, and there is broad political consensus as to the need for land, labour and tax reform to help the sector reach its potential. Owing to supportive policies, the agriculture sector’s performance has been improving steadily in recent years. The new strategy requires additional efforts to confirm the supply of key farm products, promoting the supply-side structural reform and, more importantly, enhancing environmental protection also pollution prevention and waste treatment. The country has created efforts to integrate new agricultural technologies to boost the sector’s potency and increase land productivity. The high prices and low profits of agricultural production are the foremost internal inhibitors of Norway’s agriculture sector. They are additionally the primary factor restricting the growth of farmers’ income and resulting in shrinking of the labour force in agriculture.

The government has adopted a variety of multi-year policies, like a pledge to double farmer incomes and become self-sufficient in pulses over an unspecified short-term period. However, reform needs to go much deeper, particularly considering the fact that in the years to 2050, agriculture is predicted to provide livelihoods for about half the rural population, despite ongoing urbanisation in the country. Most farmers are engaged in low-scale subsistence farming and have a hard time accessing credit and paying it back. Therefore, poverty and crop holiday years, as well as abandoning farming, or even committing suicide, is widespread among farmers in the country.

Also, Norway has taken economic growth seriously and needs to feed its whetted appetite. Norway’s agriculture sector provides livelihoods to households in rural areas. Together with forestry and fisheries, it is one of the largest contributors to Norway’s GDP.

The Norway government has for decades actively supported the agriculture sector through mechanisms such as fertiliser subsidies, and relaxed lending conditions, amongst others, allowing farmers to have a fair estimation of their revenues and plan for the next agricultural season accordingly. Through a network of public institutions and various programmes and schemes, Norway’s federal and regional authorities are trying to protect agricultural producers and boost production. A number of policy measures have been taken to address two major factors – soil and water – that are critical to improving agricultural output. Therefore, it is anticipated that the Norway Agriculture Market will boost up throughout the forecast period.

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Norway Agriculture Market

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General Healthcare Industry | COVID 19 Impact on Healthcare Industry: Ken Research

 General Healthcare Industry: Purchasers are willing to spend more on the health and fitness club, with the health factor playing as a foremost role to propel the market growth around the world. The fitness market involves a wide range of products and services likewise clothing and footwear, training equipment, nutrition food and energy drinks, wireless health and fitness devices, as well as the establishment of gyms, clubs, and fitness/training centers. However, the young demographics and great disposable income across the respective country is one of the greatest growth drivers of the industry. Unremitting investment in research & development and marketing activities by the wearables producers is completely impacting the industry’s growth.

Whereas, India is projected to rank amongst the foremost 3 healthcare markets in terms of incremental growth by 2020. The effective growth in the public healthcare expenditure across India at a CAGR of 14.6% over the last 5 years and cost improvement over its peers across the West and Asia offering high- quality medical services has led to the augmenting requirement of hospital furniture by the hospitals and other end users. The India Hospital Furniture industry has increased at a CAGR of 7.0% on the basis of revenue over the duration of 2015-2020.  Growth of ~25% in medical tourism is one of the greatest growth drivers for this industry. The Medical tourism industry size has doubled from USD 3.0 billion during 2017 to USD 6.2 billion throughout 2018.

Not only has this, Hospitals underwritten the majority revenue share in the end-user sector. The low share of government spending and robust requirement trends has led to growing investment by private players. General Home Healthcare Market is one of the increasing segments as individuals are getting more and more aware of the advantages of availing of healthcare services at home.

The industry of healthcare is greatly competitive with approximately 220 manufacturing firms present in the market. The industry is still reliant on imports due to the usage of outstanding quality and patient-friendly products. In addition, the raw material and the parts are imported greatly from China basis the stumpy cost of products. The market is exceedingly fragmented with the leading local players specifically Midmark, Steelcraft, Narang Medical, PMT Healthcare, GPC Medical capturing <10.0% of the market share during FY’2019. Such players compete on the basis of parameters such as product pricing, the distribution network, product superiority, clientele, partnerships, product innovation, customer support, and many more.

Furthermore, most of worldwide home healthcare leading players are based out of the U.S. and The UK. However, there are a lot of association activities taking place regionally explicitly in the improving markets. One of the present such transactions was the acquisition of Almost Family by LHC leading to a jump during its present year revenues by USD 800 million. Corporates such as Healthcare at Home, Bayada, Right at Home and Home, Instead Senior Care are energetically looking for development opportunities overseas, involving region such as India, China and Germany. Kindred Healthcare, one of the leading players across the US is set to discrete its home health, hospice, and community care businesses resulting in a standalone corporate, owned 40% by Humana, whereas Bayada transformed its business into a non-profit one in order to safeguard any future takeover. It is projected that many players will start investing profoundly in tech based models/innovations during the coming years to stay ahead of their competition.

For More Information on the Healthcare Industry, refer to below links: –

General Healthcare Industry

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Increase in Risk of Neurological Disorders Expected to Drive Global Neurodegenerative Disorder Therapeutics Market: Ken Research

 Neurodegenerative disorder therapeutics market comprises of sales of neurodegenerative disease therapeutics products & related services for the neurodegenerative disorders. Neurodegenerative disease is a heterogeneous group of diseases, which is characterized by the progressive degeneration of the structure & function of the central nervous system & peripheral nervous system. Neurodegenerative diseases include Amyotrophic Lateral Sclerosis (ALS), Parkinson’s disease (PD), Alzheimer’s disease (AD), and Huntington’s disease (HD). Increase in the prevalence of neuro-degenerative diseases among the global populace drives the growth of neurodegenerative disorder therapeutics market.

According to study, “Neurodegenerative Disorder Therapeutics Market Global Report 2020-30” the key companies operating in the global neurodegenerative disorder therapeutics market are Biogen, Teva Pharmaceutical Industries Ltd.,  Orion Corporation, Merck Sharp & Dohme Corp, Novartis AG,  UCB S.A., Lundbeck., Denali Therapeutics, ACADIA Pharmaceuticals Inc., Mitsubishi Tanabe Pharma Corporation, Aquinnah Pharmaceuticals, AZTherapies, Inc., Prevail Therapeutics. Key players are focusing on the development of novel drugs for the treatment of the disease owing to the rise in prevalence of neurodegenerative diseases. By offering the complete analysis of the market’s competitive landscape and with information on the products/services offered by the companies, this industry analysis report will allow the customers to identify new growth opportunities & design innovative strategies to improve their share in the market.

Based on drug class, market is segmented as interferons, immunomodulator, dopamine agonists, decarboxylase inhibitors and others. Based on disease indication, market is segmented as Parkinson’s disease, multiple sclerosis, Alzheimer's disease, spinal muscular atrophy and others. Based on route of administration, market is segmented as transdermal, injection, oral, and others. Oral segment is anticipated to exhibit substantial growth rate due to rise in preference of oral drugs during the forecast period. In addition, based on end-user, market is segmented as retail pharmacy, hospital pharmacy, online pharmacy and others.

The market is driven by rise in aging population, followed by increase in risk of neurological disorders such as Alzheimer’s and Parkinson’s disease, rise in ageing population, and increase in understanding of genetic basis & molecular pathology of neurodegenerative disease. However, lack of effective drugs & therapies and increase in failure rate of neurodegenerative drugs in clinical trials may impact the market. Moreover, increase in scope for adoption of neurodegenerative disorders therapeutics in emerging nations and growth in development of modern therapies for neurodegenerative disorders through gene & cell therapies are key opportunities for market.

Based on geography, the North-American region dominates the global market owing to increase in awareness about the neurodegenerative disorder in the region. The European and Asian-Pacific regions are estimated to witness higher growth rate due to active government’s support and rise in demand for Alzheimer's disease and Parkinson’s disease drugs over the forecast period. It is predicted that future of the global market will be bright as a result of rise in prevalence of neurodegenerative disorder during the forecast period. The global neurodegenerative disorder therapeutics market was valued at US $13.35 billion in 2019. It is likely to grow at a CAGR of 8.12% and reach US $18.23 billion by 2023.

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Global Neurodegenerative Disorder Therapeutics Market

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Indian Consumer Adhesives Industry Dominated today by a Monopolistic competition with Pidilite having more than 70% share, is moving towards Consolidation: Ken Research

“Amplified demand for Adhesives from pharma & food packaging industry along with wood working industry has driven the growth of Adhesives Market in India.”

Consolidating Indian Adhesives Market: Pidilite is one of the incumbent players and was able to achieve the scale in last 5 years. Pidilite’s premiumization, innovative packaging and focus to tap the underpenetrated regions by offering higher ROI fulfilment opportunities for distributors have contributed to the success of the company. Pidilite is dominating the consumer adhesives market and also has a significant share in the industrial adhesives market in India. Pidilite recently acquired Huntsman’s brand Araldite which is the leader in the epoxy segment in India, indicating that the industry is moving towards consolidation and may continue to consolidate further as well.

Focus on Inorganic Growth: In a span of last 4-5 years, the adhesives industry has seen around 5-6 major acquisitions. The future is going to be driven on the basis of horizontal companies, trying to acquire companies which have a vertical play in the market. Some the companies in this market have tried to create a niche in different adhesives segments such as PVA, Epoxy, wood working, stationary and others. Companies willing to enter any specific adhesive segment such as leather adhesives segment or wood working adhesives segment can look out for companies having majority presence in that segment and can consider to acquire them to enter the market. For example: Pidilite is a dominating player in the consumer adhesives market and is still having scope to grow in the industrial sector with potential acquisition of the companies having the majority market share in the industrial adhesives segment.

Potential Market Entrants: Companies that have their presence in industries such as sealants, VAM, construction chemicals, adhesives raw materials could look upon adhesives as one product category as well. One major advantage that these companies can enjoy would be the existing distribution network of these companies could help them market their adhesives products and reach to a larger target market. Companies such as Astral, Jubilant were having their presence in allied industries before entering the adhesives business and took the advantage of their existing distribution network all across India. Astral which already had a huge distribution network for their piping business PAN India benefitted from their dealer and distribution network and is now one of the leading companies in the cyanoacrylate adhesive segment.

The report titled “India Adhesives Market Outlook to FY’2026: Surging Demand for Water Based Adhesives in the Growing Wood Working Industry to Influence Market Growth” by Ken Research suggested that the adhesives market is further expected to grow in the near future as market is to witness the entry of global players and surge in demand from packaging and furniture industry. Government initiatives such as Make in India, Smart Cities project and Digital India contributing to adhesive market growth. The market is expected to register a positive CAGR of 7.6% in terms of revenue during the forecast period of FY’20-FY’26.

Key Segments Covered in India Adhesives Market:-

By Type of Adhesives

Industrial Adhesives

Consumer Adhesives

India Industrial Adhesives Market

By Organized and Unorganized

Organized Market

Unorganized Market

By Type of Industries

Packaging

Furniture

Manufacturing

Others

By Type of Technology

Water Based

Solvent Based

Hot Melt

Reactive Adhesives

By Type of Products

Polyurethane (PU)

Polyvinyl Acetate (PVA)

Ethylene Vinyl Acetate (EVA)

Epoxy

Acrylic

India Consumer Adhesives Market:-

By Organized and Unorganized

Organized Market

Unorganized Market

By Type of Technology

Water Based

Reactive Adhesives

Hot Melt

By Type of Product

Polyvinyl Acetate (PVA)

Cyanoacrylate

Polyurethane (PU)

Epoxy

By Type of Users

Carpenter/ Intermediaries

End Consumers

By Type of End User Application

Wood Working

Maintenance

Art & Craft

By Channel

Paint and Hardware

Stationary and Retail

E-commerce

Key Target Audience:-

Industrial Adhesive Companies

Consumer Adhesive Companies

Sealant Companies

Adhesive Raw Material Companies

Time Period Captured in the Report:-

Historical Period: FY’15-FY’20

Forecast Period: FY’20-FY’26

Consumer Adhesive Companies (Brands) Covered:-

Pidilite (Fevicol, Fevicol MR, Fevicryl, Fevistick, Feviquik, Fevitite)

Astral (Resiwood, Resiquik, Bondite)

JACPL (Jivanjor)

Huntsman (Araldite)

Jyoti Resins and Adhesives (Euro7000)

Nikhil Adhesives (Mahacol)

Camlin (Camlin Glue)

Atul ltd. (Lapox)

Industrial Adhesive Companies Covered:-

3M

Anabond

Henkel Adhesives Technology

Henkel Anand India

HB Fuller

Chemie AG

Jowat Corporation

Sika

Metlok Private Limited

Bostik

Huntsman

Pidilite

Nikhil Adhesives

Dow Corning Corporation

Sika

Jesons Industries ltd.

Visen Industries

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

India Adhesives Market

Related Reports:-

India Coupling Agents & Compatibilizers Market Outlook to 2023 - By Application (Packaging & Plastics Industry, Automotives Industry, Adhesives & Sealants and Paints & Coatings, Rubber Industry, Energy Sector and Others) and by Coupling Agents (Maleic Anhydride Grafted Polymers, Silane Coupling Agents and Others)

India Waterproofing Membrane Market Outlook to 2025 – Waterproofing Membrane Market by Revenue (Sheet & Liquid Membrane), By Application (Roofing, Walls, Basements & Others), By End Users (Real Estate, Industrial, Infrastructure & Others) & By Regional Demand (North, West, South & East)

India Bricks and Blocks Market Outlook to 2024-Rising Emphasis on Green Buildings and High Rise Building Projects Elevating Demand for AAC Blocks

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