Rise in Participation in Outdoor Activities Expected to Drive Global Camping and Caravanning Market: Ken Research

 Camping & caravanning market comprises of sales of camping & caravanning services and related goods in sites to contain campers and their equipment such as tent trailers, tents, travel trailers, and RVs (recreational vehicles). These establishments recommend access to facilities for instance recreation halls, washrooms, stores, playgrounds, laundry rooms, and snack bars. Camping & caravanning industry incorporate establishments primarily engaged in operating overnight recreational camps like family vacation camps, children's camps, hunting & fishing camps, and outdoor adventure retreats, that offer white water rafting, hiking, trail riding, and similar activities. These establishments also provide accommodation facilities like cabins & fixed campsites, and other amenities including recreational facilities & equipment, food services, and organized recreational activities.

Referring to the study, “Camping And Caravanning Global Market Opportunities And Strategies To 2023” leading players that are currently operating in the global camping and caravanning market include Bourne Leisure Holdings Limited; Camping Flamboyant; Alaskan Anglers RV Park; Banyan Tree Al Wadi; Camping Pod Lasem; Duncans Mills camping club; Easycamp; Discovery Parks Private Limited; Elangeni Holiday Resort; European Camping Group; Fallen Rock RV Parke & Campground; Ellevacanze; Equity Lifestyle Properties; George Country Resort; Kampgrounds Of America, Inc.; Keurbooms Lagoon Caravan Park; Glamp-Inn; Green Fountain Caravan Resort; Jellystone Park; Koppisol Holiday Resort; Normandy Farms; Mbizi Game Lodge & Spa; Parkdean Holidays Limited; Siblu; Sun Communities; Prefab Caravan; Queensburgh Caravan Park; The Golden Nugget RV Park; Zion River Resort, Top Parks; Victoria Bay Caravan Park. The key companies are more focused on retaining customers. These companies are offering e-gift cards to their clients to promote the customer loyalty towards their brands.

Based on type, camping and caravanning market is segmented as recreational & vacation camps, car camping, RVs parks and campgrounds and others. Based on consumer orientation, market is segmented as male, female and kids. In addition, based on age, market is segmented as 6-12 yrs, 13-17 yrs, 18-24 yrs, 25-44 yrs and 45+ yrs.

The camping and caravanning market is driven by restoration of heritage and camping sites, followed by rise in participation in outdoor activities, improving lifestyles, increase in millennial preference for camping, and increase in popularity of adventure travelling in remote areas. However, natural disasters and availability of other domestic & international tourism alternatives may impact the market. Moreover, increase in spend on leisure and favorable government initiatives are key opportunities for market. Furthermore, increase in government initiatives to support expansion of caravanning tourism is a major trend for market.

Based on geography, the North-American region holds major share in global camping and caravanning market owing to growth in infrastructural & facility developments at camping grounds in the region. The Asian-Pacific and European regions are estimated to exhibit substantial growth rate due to rise in disposable income and increase in aging population over the forecast period. It is projected that future of the global market will be optimistic on account of growth in preference of camping & caravanning to traditional vacationing during the forecast period. It is also projected that global camping and caravanning market will be reached at US $66.7 billion by 2023, at a CAGR of 7.5%.

For More Information, Click on the Link Below:-

Global Camping and Caravanning Market

Related Report:-

Global Camping and Caravanning Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Rapid integration of health technology solutions and various virtual channels has led to a seamless penetration of health technologies in the Philippines: Ken Research

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Shortfall in Medical Facility: The Philippines experienced a major shortage of medical workers. Each Filipino has to wait for several hours to connect to a medical professional. It was also seen that the minimum time to reach a nearby healthcare facility was around 39 minutes. Another major problem associated with healthcare accessibility is the Philippines archipelago geography. All the medical facilities are concentrated in or around the capital city. Most of these issues can be addressed by the adaptation of technological tools in the healthcare sector. With an increase in the healthcare expenditure of the hospitals and clinics, the emergence of innovative healthcare IT solutions will be one of the major health tech markets in the coming years. This will also ensure a high increase in revenues in the industry.

Impact of Covid-19: Lockdown imposed during Covid pandemic has been a major growth driver of the health tech market. Covid-19 brought a moment of realization for the government, as it has highlighted all the existing gaps in the healthcare industry’s infrastructure. There has been a significant increase in the end-users for nearly all the sectors of the health tech industry that eventually resulted in the increase in the number of players in the market.

Rising Competition: All the sectors saw a rise in the number of players in the year 2020. The online consultation market saw the maximum number of entrants that includes both domestic and international players. Existing players diversified their portfolios and new players entered with different operating models. The market is expected to see tough competition in the coming years and players will be competing on the basis of the price, value-added services, and new technological advancements.

Collaborative Approach: As the healthcare market is flourishing in the Philippines, the health tech service providers are focusing more on collaborative approaches to expand their reach. Most players are focusing on introducing end-to-end solutions for the target end-users. Digital health solutions, such as e-pharmacies and online consultations are connecting to a common platform by keeping certain profit margins. Integration of various health tech sectors, all in one place has become a new trend in this market.

The report titled “Philippines Health Tech Market Outlook to 2025 - By Service Type (E-Pharmacy, Online Consultation and Healthcare IT Solutions) and By Region (Manila, Central Luzon, Mindanao/Davao, and Others)” by Ken Research suggested that the health tech market is expected to grow at a double-digit positive CAGR. Technological advancements and the availability of various services on these platforms is driving the health tech market in the Philippines. The health tech sales revenue in the Philippines is expected to grow over the next few years owing to the introduction of new domestic as well as international players in the country and an increase in product awareness amongst the rising population.

Key Segments Covered: -

E-Pharmacy Market Size, 2017-2025F

Online Consultation Market Size, 2017-2025F

Healthcare IT Solutions Market, 2017-2025F

Product Type

E-Pharmacy Market

Order Split (Prescribed, OTC and Others)

Order Platform (Mobile and Web)

Cities/Region (Manila, Region III-IV, Mindanao/ Davao and others)

Online Consultation Market

Mode of Consultation (Chat, Audio, Video)

Type of Doctor (General and Specialized)

Cities/Region (Manila, Region III-IV, Mindanao/ Davao and Others)

Healthcare IT Solutions Market

Products (HMS, CMS, PMS/PIS, EMR)

Cities/Region (Manila, Central Luzon, Mindanao/Davao others)

Key Target Audience

Healthcare Professionals

Hospitals& Clinics

Venture Capitalists

Government and Regulatory Bodies

Health Tech Companies

Health Tech Industry Consultants

Time Period Captured in the Report:

Historical Period: 2017-2020P

Forecast Period: 2020P–2025F

Companies Covered:

Online Consultation

AIDE

Konsulta MD

Medifi

Medgate

Zennya

eZConsult

Dima

HealthNow

My Pocket Doctor

Kitika

icliniq

E-Pharmacy

Mercury Pharmacy

Watson

Southstar drug

Rose Pharmacy

AIDE

Muramed

GetMeds

MedGrocer

Healthcare IT Solutions

Hybrain

Exist Healthcare

BizBox

KCCI Medsys

Comologik

Medcurial

Serious MD

Ascendant Technologies

MedCheck

MedProjects

Segworks

Key Topics Covered in the Report: -

Philippines Health Tech Market Introduction

Philippines Health Tech Market Size, 2017-2020P

Philippines Health Tech Market Segmentation, 2017-2020P (By GMV and on the basis of type of product – E-Pharmacy, Online Consultation and Healthcare IT Solutions)

Detailed Analysis on Philippines E-Pharmacy Market (By GMV - By Order Split on the basis of Prescribed drugs, OTC drugs, Medical devices and other products, By city – Manila, Region III-IV, Mindanao/ Davao and Others, By Order platform – Mobile application and web browser, By No. of Orders - By Order Split on the basis of Prescribed drugs, OTC drugs, Medical devices and other products, By city – Manila, Region III-IV, Mindanao/ Davao and Others, By Order platform – Mobile application and web browser)

Detailed Analysis on Philippines Online Consultation Market (By No. of Consultations: By Mode of Consultation – Chat, Video and Audio, By Type of Doctor – General Practitioners and Specialized Doctor, By City/Region – Manila, Region III-IV, Mindanao/ Davao and Others, By GMV - By Mode of Consultation – Chat, Video and Audio, By Type of Doctor – General practitioner and Specialized Doctor, By City – Manila, Region III-IV, Mindanao/ Davao and Others)

Detailed Analysis on Philippines Healthcare IT Solutions Market (By Revenue –By Product Type – Software and IT Services)

Trends and Developments in Philippines Health Tech Market (Future Projections on

Regulatory Landscape in Philippines Health Tech Market

Target End Users (target End users for the E-Pharmacy segment, online consultation segment and healthcare IT solutions segment)

Competitive Landscape in Philippines Health Tech Market

International Success Case Study for Philippines Health Tech Market

Philippines Health Tech Market Future Outlook and Projections, 2020P-2025F (By GMV and on the basis of type of product – E-Pharmacy, Online Consultation and Healthcare IT

For More Information on the Research Report, Click on the below link: -

Future of Philippines Health Tech Market

Related Reports by Ken Research: -

Indonesia Health Tech Market Outlook to 2025 ( BY GMV - By Order Split on the basis of Prescribed drugs, OTC drugs, Medical devices and other products, By city – Jakarta, Bandung, Surabaya and Others, By Order platform – Mobile application and web browser, By No. of Orders - By Order Split on the basis of Prescribed drugs, OTC drugs, Medical devices and other products, By city – Jakarta, Bandung, Surabaya and Others, By Order platform – Mobile application and web browser)

Philippines Retail Pharmacy Market By Market Structure, (Organized and Unorganized Market) , By Type of Store Location (Standalone and Hospital Based Pharmacies) By Region (North, Central and South), By Type of Sales (Prescribed Medicines, OTC Products, Non-Pharmaceutical Products and Medical Equipment) By Type of Drug (Generic and Patented Drug) and by Therapeutic Class.

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

Shortfall in Medical Facility: The Philippines experienced a major shortage of medical workers. Each Filipino has to wait for several hours to connect to a medical professional. It was also seen that the minimum time to reach a nearby healthcare facility was around 39 minutes. Another major problem associated with healthcare accessibility is the Philippines archipelago geography. All the medical facilities are concentrated in or around the capital city. Most of these issues can be addressed by the adaptation of technological tools in the healthcare sector. With an increase in the healthcare expenditure of the hospitals and clinics, the emergence of innovative healthcare IT solutions will be one of the major health tech markets in the coming years. This will also ensure a high increase in revenues in the industry.

Impact of Covid-19: Lockdown imposed during Covid pandemic has been a major growth driver of the health tech market. Covid-19 brought a moment of realization for the government, as it has highlighted all the existing gaps in the healthcare industry’s infrastructure. There has been a significant increase in the end-users for nearly all the sectors of the health tech industry that eventually resulted in the increase in the number of players in the market.

Rising Competition: All the sectors saw a rise in the number of players in the year 2020. The online consultation market saw the maximum number of entrants that includes both domestic and international players. Existing players diversified their portfolios and new players entered with different operating models. The market is expected to see tough competition in the coming years and players will be competing on the basis of the price, value-added services, and new technological advancements.

Collaborative Approach: As the healthcare market is flourishing in the Philippines, the health tech service providers are focusing more on collaborative approaches to expand their reach. Most players are focusing on introducing end-to-end solutions for the target end-users. Digital health solutions, such as e-pharmacies and online consultations are connecting to a common platform by keeping certain profit margins. Integration of various health tech sectors, all in one place has become a new trend in this market.

The report titled “Philippines Health Tech Market Outlook to 2025 - By Service Type (E-Pharmacy, Online Consultation and Healthcare IT Solutions) and By Region (Manila, Central Luzon, Mindanao/Davao, and Others)” by Ken Research suggested that the health tech market is expected to grow at a double-digit positive CAGR. Technological advancements and the availability of various services on these platforms is driving the health tech market in the Philippines. The health tech sales revenue in the Philippines is expected to grow over the next few years owing to the introduction of new domestic as well as international players in the country and an increase in product awareness amongst the rising population.

Key Segments Covered: -

E-Pharmacy Market Size, 2017-2025F

Online Consultation Market Size, 2017-2025F

Healthcare IT Solutions Market, 2017-2025F

Product Type

E-Pharmacy Market

Order Split (Prescribed, OTC and Others)

Order Platform (Mobile and Web)

Cities/Region (Manila, Region III-IV, Mindanao/ Davao and others)

Online Consultation Market

Mode of Consultation (Chat, Audio, Video)

Type of Doctor (General and Specialized)

Cities/Region (Manila, Region III-IV, Mindanao/ Davao and Others)

Healthcare IT Solutions Market

Products (HMS, CMS, PMS/PIS, EMR)

Cities/Region (Manila, Central Luzon, Mindanao/Davao others)

Key Target Audience

Healthcare Professionals

Hospitals& Clinics

Venture Capitalists

Government and Regulatory Bodies

Health Tech Companies

Health Tech Industry Consultants

Time Period Captured in the Report:

Historical Period: 2017-2020P

Forecast Period: 2020P–2025F

Companies Covered:

Online Consultation

AIDE

Konsulta MD

Medifi

Medgate

Zennya

eZConsult

Dima

HealthNow

My Pocket Doctor

Kitika

icliniq

E-Pharmacy

Mercury Pharmacy

Watson

Southstar drug

Rose Pharmacy

AIDE

Muramed

GetMeds

MedGrocer

Healthcare IT Solutions

Hybrain

Exist Healthcare

BizBox

KCCI Medsys

Comologik

Medcurial

Serious MD

Ascendant Technologies

MedCheck

MedProjects

Segworks

Key Topics Covered in the Report: -

Philippines Health Tech Market Introduction

Philippines Health Tech Market Size, 2017-2020P

Philippines Health Tech Market Segmentation, 2017-2020P (By GMV and on the basis of type of product – E-Pharmacy, Online Consultation and Healthcare IT Solutions)

Detailed Analysis on Philippines E-Pharmacy Market (By GMV - By Order Split on the basis of Prescribed drugs, OTC drugs, Medical devices and other products, By city – Manila, Region III-IV, Mindanao/ Davao and Others, By Order platform – Mobile application and web browser, By No. of Orders - By Order Split on the basis of Prescribed drugs, OTC drugs, Medical devices and other products, By city – Manila, Region III-IV, Mindanao/ Davao and Others, By Order platform – Mobile application and web browser)

Detailed Analysis on Philippines Online Consultation Market (By No. of Consultations: By Mode of Consultation – Chat, Video and Audio, By Type of Doctor – General Practitioners and Specialized Doctor, By City/Region – Manila, Region III-IV, Mindanao/ Davao and Others, By GMV - By Mode of Consultation – Chat, Video and Audio, By Type of Doctor – General practitioner and Specialized Doctor, By City – Manila, Region III-IV, Mindanao/ Davao and Others)

Detailed Analysis on Philippines Healthcare IT Solutions Market (By Revenue –By Product Type – Software and IT Services)

Trends and Developments in Philippines Health Tech Market (Future Projections on

Regulatory Landscape in Philippines Health Tech Market

Target End Users (target End users for the E-Pharmacy segment, online consultation segment and healthcare IT solutions segment)

Competitive Landscape in Philippines Health Tech Market

International Success Case Study for Philippines Health Tech Market

Philippines Health Tech Market Future Outlook and Projections, 2020P-2025F (By GMV and on the basis of type of product – E-Pharmacy, Online Consultation and Healthcare IT

For More Information on the Research Report, Click on the below link: -

Future of Philippines Health Tech Market

Related Reports by Ken Research: -

Indonesia Health Tech Market Outlook to 2025 ( BY GMV - By Order Split on the basis of Prescribed drugs, OTC drugs, Medical devices and other products, By city – Jakarta, Bandung, Surabaya and Others, By Order platform – Mobile application and web browser, By No. of Orders - By Order Split on the basis of Prescribed drugs, OTC drugs, Medical devices and other products, By city – Jakarta, Bandung, Surabaya and Others, By Order platform – Mobile application and web browser)

Philippines Retail Pharmacy Market By Market Structure, (Organized and Unorganized Market) , By Type of Store Location (Standalone and Hospital Based Pharmacies) By Region (North, Central and South), By Type of Sales (Prescribed Medicines, OTC Products, Non-Pharmaceutical Products and Medical Equipment) By Type of Drug (Generic and Patented Drug) and by Therapeutic Class.

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

Philippines Health Tech Market Outlook to 2025: Ken Research

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The report titled “Philippines Health Tech Market Outlook to 2025- By Service Type (E-Pharmacy, Online Consultation and Healthcare IT Solutions) and By Region (Manila, Central Luzon, Mindanao/Davao, and Others)” provides a comprehensive analysis of the health tech industry of Philippines. The report also covers an overview and genesis of the industry, overall market size in terms of revenue, market segmentation by, product types, cities; snapshot on E-Pharmacy Market, Online Consultation Market and Healthcare IT Solutions Market, trends and developments, regulatory landscape, customer level profiling, issues and challenges and comparative landscape including competition scenario, cross-comparison, opportunities and bottlenecks and company profiling of major players in the health tech industry. The report concludes with future market projections on the basis of sales revenue, by market, product types, region, cause and effect relationship, and success case studies highlighting the major opportunities and cautions.

Philippines Health Tech Market Overview and Size

Philippines Health Tech Market had a slow growth initially. The slow growth corresponded to poor internet penetration and lack of technology awareness. Unorganized health tech infrastructure and a less tech-savvy population led to the accumulation of unharmonized healthcare data. The government faced a major difficulty when the healthcare challenges kept on increasing with the growing population. Increasing need and high government interest positively drove the Philippines health tech industry.

Philippines Health Tech Market Segmentation

By Product Type: The health tech market is segmented on the basis of the type of products available in the Philippines. The market is segmented in-pharmacy, online consultation, Healthcare IT solutions, and Appointment Booking. The Health IT segment holds a higher share in the Philippines health tech market during 2020 owing to the increasing need to organize and structure the previously existed unharmonized data.  Lockdown in the initial months of 2020 helped both E-Pharmacy and Online Consultation market to boon. Whereas on the other hand, the appointment booking segment held a very minute share in the market due to its low product awareness and presence of very few players in the market.

Detailed Analysis on Philippines E-pharmacy Market:

The E-pharmacy market was observed to be in its initial growing stage. A vast increase in growth was witnessed over the recent years. The reason behind the slow growth was the strict government regulations. Prescription-based drugs/products are slowly contributing more towards the sales revenue in the e-pharmacy market. The e-pharmacy market is further segmented on the basis of order split, order platform, and cities.  The competition in the e-pharmacy market was observed to be concentrated with major players competing on the basis

of availability of products, pricing/discounts, product variety, and other factors. Some of the major players include Mercury, MedGrocer, Muramed, and others, with Mercury Pharmacy leading the market in terms of GMV in 2020P.

Detailed Analysis on Philippines online Consultation Market:

The online consultation market was in its nascent growth stage. It witnessed regular growth over the last year as it bridged the gap for healthcare availability in the Philippines during the Covid pandemic. Video consultation contributes the maximum share towards the overall market revenue in the online consultation market. The competition in the online consultation market was observed to be highly concentrated amongst the domestic players. They compete on the basis of availability of doctors, type of doctors, and other factors. Some of the major players include Serious MD, Konsulta MD, Medifi, AIDE, Health Now, and others with Serious MDleading the market in terms of sales revenue by value in 2019.

Detailed Analysis on Philippines Healthcare IT Solutions Market:

The Healthcare IT Solutions market was observed to be in its steady growth stage initially as compared to other markets, alongside witnessing adequate growth over the years. Clinics being the majority of end Users contribute the largest revenue value for the healthcare IT solutions market. The healthcare IT solutions market is further segmented on the basis of end-users, type of product, type of payment, and cities.  The competition in the healthcare IT solutions market was observed to be highly concentrated with major players competing on the basis of product variety, service offerings, clientele, and other factors. Some of the major players include inbox, KCCI Medsys, Comologik, and others with BizBox leading the market in terms of sales revenue by value in 2019. Owing to the increasing need for harmonized and organized data for both the doctors and the patients the sales are expected to grow in the near future.

Competitive Landscape in Philippines Health Tech Market

The competition was again observed to be moderately fragmented however, within some product segments; the competition is expected to become concentrated with the entry of international especially in the Health IT sector.

Philippines Health Tech Market Future Outlook and Projections

Factors such as cheap product variants, additional availability of doctors, shifting from traditional to online health services will drive the Philippines Health Tech market in the near future both in terms of revenue and sales volume. Apart from domestic players, numerous other international players might enter the market and will contribute towards the growth of the Philippines health tech industry in the future.

Key Segments Covered

E-Pharmacy Market Size, 2017-2025F

Online Consultation Market Size, 2017-2025F

Healthcare IT Solutions Market, 2017-2025F

Product Type

E-Pharmacy Market

Order Split (Prescribed, OTC and Others)

Order Platform (Mobile and Web)

Cities/Region (Manila, Region III-IV, Mindanao/ Davao and others)

Online Consultation Market

Mode of Consultation (Chat, Audio, Video)

Type of Doctor (General and Specialized)

Cities/Region (Manila, Region III-IV, Mindanao/ Davao and Others)

Healthcare IT Solutions Market

Products (HMS, CMS, PMS/PIS, EMR)

Cities/Region (Manila, Central Luzon, Mindanao/Davao others)

Key Target Audience

Healthcare Professionals

Hospitals& Clinics

Venture Capitalists

Government and Regulatory Bodies

Health Tech Companies

Health Tech Industry Consultants

Time Period Captured in the Report:

Historical Period: 2017-2020P

Forecast Period: 2020P–2025F

Companies Covered:

Online Consultation

AIDE

Konsulta MD

Medifi

Medgate

Zennya

eZConsult

Dima

HealthNow

My Pocket Doctor

Kitika

icliniq

E-Pharmacy

Mercury Pharmacy

Watson

Southstar drug

Rose Pharmacy

AIDE

Muramed

GetMeds

MedGrocer

Healthcare IT Solutions

Hybrain

Exist Healthcare

BizBox

KCCI Medsys

Comologik

Medcurial

Serious MD

Ascendant Technologies

MedCheck

MedProjects

Segworks

Key Topics Covered in the Report: -

PhilippinesHealth Tech Market Introduction

Philippines Health The Market Size, 2017-2020P

Philippines Health Tech MarketSegmentation, 2017-2020P (By GMV and on the basis of the type of product – E-Pharmacy, Online Consultation, and Healthcare IT Solutions)

Detailed Analysis on Philippines E-Pharmacy Market (By GMV - By Order Split on the basis of Prescribed drugs, OTC drugs, medical devices, and other products, By city – Manila, Region III-IV, Mindanao/ Davao and Others, By Order platform – Mobile application and web browser, By No. of Orders - By Order Split on the basis of Prescribed drugs, OTC drugs, medical devices, and other products, By city – Manila, Region III-IV, Mindanao/ Davao and Others, By Order platform – Mobile application and web browser)

Detailed Analysis on Philippines Online Consultation Market (By No. of Consultations: By Mode of Consultation – Chat, Video, and Audio, By Type of Doctor – General Practitioners and Specialized Doctor, By City/Region – Manila, Region III-IV, Mindanao/ Davao and Others, By GMV - By Mode of Consultation – Chat, Video and Audio, By Type of Doctor – General practitioner and Specialized Doctor, By City – Manila, Region III-IV, Mindanao/ Davao and Others)

Detailed Analysis on Philippines Healthcare IT Solutions Market (By Revenue –By Product Type – Software and IT Services)

Trends and Developments in Philippines Health Tech Market (Future Projections on

Regulatory Landscape in Philippines Health Tech Market

Target End Users (target End users for the E-Pharmacy segment, online consultation segment, and healthcare IT solutions segment)

Competitive Landscape in Philippines Health Tech Market

International Success Case Study for Philippines Health Tech Market

Philippines Health Tech Market Future Outlook and Projections, 2020P-2025F (By GMV and on the basis of the type of product – E-Pharmacy, Online Consultation, and Healthcare IT

For More Information on the Research Report, Click on the below link: -

Future of Philippines Health Tech Market

Related Reports by Ken Research: -

Indonesia Health Tech Market Outlook to 2025 ( BY GMV - By Order Split on the basis of Prescribed drugs, OTC drugs, Medical devices and other products, By city – Jakarta, Bandung, Surabaya and Others, By Order platform – Mobile application and web browser, By No. of Orders - By Order Split on the basis of Prescribed drugs, OTC drugs, Medical devices and other products, By city – Jakarta, Bandung, Surabaya and Others, By Order platform – Mobile application and web browser)

Philippines Retail Pharmacy Market By Market Structure, (Organized and Unorganized Market) , By Type of Store Location (Standalone and Hospital-Based Pharmacies) By Region (North, Central and South), By Type of Sales (Prescribed Medicines, OTC Products, Non-Pharmaceutical Products and Medical Equipment) By Type of Drug (Generic and Patented Drug) and by Therapeutic Class.

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

Rise in Consumption of Rice and Vegetables Expected to Drive Japan Agriculture Market: Ken Research

The agriculture sector is a very significant sector in Japan. Agriculture sector exists in every part of country, but is especially essential on the northern island of Hokkaido that accounts for approximately 10% of national production. Modern methods such as commercial fertilizers, hybrid seeds, insecticides, and machinery, have been used so efficiently in farming. Japan is the second major agricultural product importer in the world (after the U.S.). Almost all soybeans, feedstuffs and wheat are imported to the country. Beside this, Japan is also a leading agriculture product exporter in world. Popular products include strawberries, beef, eggs, sweet potatoes, and apples, which are largely exported to other Asian countries like Hong Kong and China and also the United States.

According to study, “Japan Agriculture Market Trends, Statistics, Growth, and Forecasts” the key companies operating in the Japan agriculture market are involved in various growth and expansion strategies to gain the competitive advantage. Key companies are also developing the data & software solutions for improving the food & agriculture productivity.

Based on crop type, Japan agriculture market is segmented as barley, wheat, soybeans, rice and large variety of fruits & vegetables. Rice and vegetables hold major share in country’s agriculture production. The Japanese people strongly prefer to eat the native Japonica or sticky rice. A small amount of rice from China, California, Taiwan and other areas is imported each year. Apart from this, agriculture sector in country also pays more for inputs for instance chemicals, fertilizers and seed, which are generally procured from the other countries. For example, in rice production the price of these inputs are generally four times higher than the prices in China and the U.S.

The Japan agriculture market is driven by growth in rice production, followed by unique & complex food import and distribution network, increase in the number of corporation farms, rise in consumption of fruit & vegetables and increase in government support to farmers. The government has provided support for Japanese farmers' efforts including export of agricultural products, farmland concentration & intensification, and the primary producers’ diversification into processing & distribution. At the same time, it is also required for the government to develop an environment where farmers can take free business actions as well as solve structural problems that are unable to be solved by themselves. However, surge in adoption of western food, growth in urbanization and increase in aging population may impact the market. Moreover, growth in innovative Artificial Intelligence (AI), Internet-of-Things (IoT), robot technologies and increase in involvement of corporation farms are key opportunities for market. IoT technology enables farmers to track the data of the water levels & water temperatures of paddy fields collected by sensor on their tablet device.

The agriculture market of Japan is a very flexible, which are able to rebuild quickly despite country’s volatile climate bringing earthquakes & hurricanes, as well as continually striving for better quality & new innovations despite challenges. It is expected that future of the Japan agriculture market will be optimistic on account of rise in demand for quality produces both domestically and internationally during the forecast period.

For More Information, refer to below link:-

Japan Agriculture Market

Related Report:-

South Africa Agriculture Market Trends, Statistics, Growth, and Forecasts

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

Growth in Number of New Businesses Expected to Drive Global Accounting Services Market: Ken Research

 Accounting services market comprises of sales of accounting services & related goods by entities that provide recording and financial transactions analysis and other financial values pertaining to businesses and other organizations. Accounting services are type of service that provides the recording and analysis such as payroll, tax preparation, bookkeeping, auditing, and among others. The accounting service involves analyzing, summarizing, auditing & reporting of the financial transactions to tax collection agencies or entities. It involves designing accounting systems, auditing & preparing financial statements, developing budgets and accounting advisory. These services undertake the processes where human capital is a major input. They make available the knowledge & skills of their employees, often on the assignment basis, where a team or individual is responsible for the delivery of services to the customer.

According to study, “Accounting Services Global Market Opportunities And Strategies To 2023” the key companies operating in the global accounting services market are Crowe Horwath, RSM, Studio International Tornamb, Ruihua CPA, Accenture, DSG Chartered Accountants, Pan-China CPA, ADP (Automatic Data Processing, Inc.), Italian Accountants Studio Del Gaizo Picchioni, KPMG, PWC (PricewaterhouseCoopers), Moore Stephens UK, Alvarez and Marsal, RWT, Spira Twist and Associates, Rodl Partner, Champion Accountants, Ernst and Young, Grant Thornton, Mazars, BDO International, Deloitte, Charles Ghadban Accounting, Baker Tilly, Picco Accounting, KML Bookkeeping Services, HRBlock. Key companies are adopting various business strategies such as expanding in other geographies, investing in technology to digitalize the business, integrate & gain competitive advantage and in acquisitions & mergers to strengthen their service offerings.

Based on type, accounting services market is segmented as financial auditing, tax preparation services, payroll services, bookkeeping, and other accounting services. The tax preparation services segment holds major share in global market owing to increase in number of new businesses & startups. The payroll services segment is anticipated to witness higher growth rate due to rise in demand for such solutions across different enterprises in order to ensure effective management during the forecast period. In addition, based on end-use industry, market is segmented as IT services, financial services, manufacturing, construction and others.

The accounting services market is driven by growth in number of new businesses, followed by increase in start-up culture and rise in government initiatives towards creating more employment avenues. However, shortage of skills may impact the market. Moreover, growth in technological development and regulatory reforms are key opportunities for market.

Based on geography, the North-American region dominates the global accounting services market owing to growth in outsourcing for accounting tasks across the organization in the region. The European and Asian-Pacific regions are anticipated to witness higher growth rate due to increase in government initiatives over the forecast period. It is expected that future of the global market will be optimistic because of change in standards of financial reporting during the forecast period. It is also expected that global accounting services market will be reached at US $734.7 billion by 2023, at a CAGR of 6.3%.

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Global Accounting Services Market

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Increase in Consumption of Fruits & Vegetables Expected to Drive South Africa Agriculture Market: Ken Research

The South Africa has a market-oriented agricultural economy, which is much diversified and includes the production of all the key grains (except rice), deciduous, oilseeds, and subtropical fruits, sugar, wine, citrus, and most vegetables. Livestock production includes sheep, cattle, dairy, and a well-developed poultry & egg industry. Value-added activities in the agriculture sector include processing & preserving of fruit and vegetables, crushing of oilseeds, chocolate, slaughtering, processing & preserving of meat, dairy products, grain mill products, prepared animal feeds, sugar refining & cocoa, and sugar confectionery amongst other food products.

Growth in the population level of the South-Africa has fueled the demand for cereals. Maize is a staple food in the country, consumed in its direct form, and used for products, for instance bread, sweeteners, and cornmeal. Wheat is also a major staple food in the country, which is generally imported because it is economical to import rather than produce it locally. Fruits consumed in the country are litchis, mangoes, apples, pears, plums, peaches, pineapples, avocados, apricots, grapefruit, and lemons. There is also boosting demand for products derived from fruits including fruit juices and jams, in the region that drives the market. Additionally, the most demanded vegetables are lettuce, tomatoes, chicory, pumpkins, and carrots. Apart from this, leafy vegetables including cleome, amaranth, Jews mallow and blackjack, which are locally produced, are consumed in the country.

According to the study, “South Africa Agriculture Market Trends, Statistics, Growth, and Forecasts” key market players focus on integrating new advanced technologies for strengthening their market position.

Based on agriculture sub-sectors, the South Africa agriculture market is segmented as corn industry, grain industry, and others. Corn is the major locally produced field crop, and the most significant source of carbohydrates in the region for animal & human consumption. Additionally, the grain industry (maize, sorghum, barley, oats and wheat) is also leading industry in the South-Africa, comprises of numerous key stakeholders including input suppliers, millers, bakers, farmers, silo owners, traders, research organizations, financiers, etc. The animal feed industry is a significant client & role player in the grain supply chain.

The South Africa agriculture market is driven by supportive government policies, followed by an increase in demand for fruits & vegetables and favorable climatic conditions. However, lack of knowledge about transfer activities and unavoidable climatic conditions may impact the market. Moreover, improved consumer spending toward fruits & vegetables is a key trend for market. Furthermore, increase in government initiatives and introduction of projects like project Khulisa are anticipated to promote the farming of food crops in the South-Africa.

The United States exported million of agricultural, fish & forestry products to South-Africa. Major products exported by the U.S. to the South Africa included, wheat, planting seeds, poultry meat, distilled spirits and tree nuts. Other products imported by country from the U.S. included dairy products and sorghum. It is estimated that the South Africa agriculture market will be reached at rapid pace as a result of increase in consumption of fruits & vegetables due to rise in health consciousness of people during the forecast period.

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South Africa Agriculture Market

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Ukraine Agriculture Market Trends, Statistics, Growth, and Forecasts

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Ankur Gupta, Head Marketing & Communications
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Growth in the Insights of Pharmaceutical Sterility Testing Global Market Outlook: Ken Research

 The pharmaceutical sterility testing market be made up of sales of pharmaceutical sterility testing products and interrelated services which are castoff to confirm that pharmaceutical products are free from the attendance of the viable microorganisms. Pharmaceutical sterility tests are processes for checking the occurrence of microorganism in biological parenteral which are proposed for human usage. Pharmaceutical sterility testing is an imperative process in pharmaceuticals, medical equipment, and drugs manufacturing to calculate the effectiveness of a sterilization procedure and is carried out at all levels of manufacturing to diminish the risk of product contamination.

According to the report analysis, ‘Pharmaceutical Sterility Testing Global Market Report 2020-30: Covid 19 Impact and Recovery’ states that the worldwide pharmaceutical sterility testing market is probable to deduct from USD 1.02 billion in 2019 to USD 1 billion during 2020 at a compound annual growth rate (CAGR) of -3%. While the entire sterility testing market is a deduction in 2020 owing to COVID-19, some market segments (medical devices and drugs used for covid19), will increase significantly. Stopping of pharmaceutical and medical devices introduction owing to COVID-19 has impacted the sterility testing market. The market is predicted to recover and reach USD 1.39 billion during 2023 at a CAGR of 8%.

Additionally, major players in the pharmaceutical sterility testing market are Pacific Biolabs, STRERIS Corporation, Boston Analytical, Gibraltar Laboratories, Sartorius AG, SolviasAG, SGS AG, Toxikon, Inc., Pace Analytical Services LLC and Charles River Laboratories International, Inc. Companies in the pharmaceutical testing market are establishing the new pharmaceutical sterility testing products and services to augment its product portfolio and enlarge its existence in the market. The corporates are launching technologically advanced products and well-equipped services to exploit growth potential of the increasing pharmaceutical sterility market. For instance, during 2019, RSSL launched a sterility testing service for pharmaceutical and medical device companies which offers reckless, responsive and flexible test services.

The RSSL's new sterility testing service comprises two methods, membrane filtration for aqueous, alcohol, solvent and oil-based products and direct inoculation tests for non-soluble to regulate the existence of contaminating microorganisms in sterilized or aseptic drug products. Similarly, during December 2018, Merck, a leading sterility testing device producer, launched Steritest NEO Device, an opportune and effective sterility device utilized for pharmaceutical drug testing.

Augmented in the number of drug launches and growing the investment on research and development (R&D) underwritten to the growth of pharmaceutical sterility testing market. Sterility is an essential step in the production of drugs to avoid product contamination and generate the drugs free from any viable microorganism. According to a report circulated by International Federation of Pharmaceutical Manufacturers & Associations during 2017, nearly USD 149.8 billion was spent by worldwide pharmaceutical industry for R&D activities. Additionally, according to Pharma and Annual Review 2019 report, 1,273 fresh drugs were launched in the worldwide market in 2019, a 6.2% augment from the previous year. Augmented the emphasis in the quality and sterility coupled with growing R&D activities in pharmaceutical segment and rising production and launch of drug and medical devices is propelling the market.

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Global Pharmaceutical Sterility Testing Market

Related Report:-

Global Sterility Testing Market Research Report: Product Type (Instruments, Services), Test Type (Membrane Filtration, Direct Transfer) End-User (Pharmaceutical Companies, Hospitals & Clinics, Academic & Research Laboratories) - Global Forecast Till 2023

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Growth in Grain Production Expected to Drive Ukraine Agriculture Market: Ken Research

Agriculture is one of the vital sectors of the Ukrainian economy. It is natural that Ukraine became world’s major sunflower oil exporter, second major grain exporter, forth corn & barley, sixth wheat and soybean and seventh poultry & honey exporter, and ninth major egg producer. The primary food harvest products are mainly barley, sugar beets, potatoes, rice, maize, soybeans, and wheat.  Apart from this, primary meat products are beef & veal, chicken, horse, lamb, pork, and rabbit. In terms of value, the largest agricultural exports are basically sunflower seed, raw sugar, refined sugar, beef & veal, and fish. Ukraine country is one of the few countries in the world that is in a position to significantly expand grain net exports, owing to its strategic location & agro-ecological potential of its soils. The grain production prospective of country depends on the two main factors: land area cultivated and yield. Increasing government policies, rising foreign investments, stimulating the development of food processing and growing technologies are some leading factors for growth of the country’s agriculture market. However, absence of crop insurance system, extreme weather conditions and lack of environmental measures & unsustainable mid-term/long-term state policy in grain production or trade are major challenges for country’s agriculture market. Moreover, growth in improvements in production, logistics and new trade links or agreements, including an organization agreement with the European Union, have helped to increase the Ukrainian exports.

According to study, “Ukraine Agriculture Market Trends, Statistics, Growth, and Forecasts” the key companies operating in the Ukraine Agriculture market are Ukrland farming, Agroprosperis, Kernel, Myronivsky Hlibo product, Mriya, Astarta-Kyiv, IMC, UKRPROMINVEST-AGRO, Agro Generation, Agrain, Epicenter-Agro, HarvEast, AgroVista, NIBULON, LNZ Group, BKW Group, Agromino.

Ukraine is abundantly endowed with chernozem (black soil), one of the most fertile soils globally that contains a very high percentage of humus (3% - 15%) along with phosphoric acids, phosphorus & ammonia, occupies approximately 41% of country’s total area and even more of its agricultural land approximately (54%), and arable land approximately (58%). Only two chernozem belts are present worldwide: one is extending from the northeast Ukraine to Russia, and the other is in the Canadian Prairies.

To maintain & improve the positions on global agricultural markets, Ukraine country’s producers would be required to increase the investment in order to decrease production costs, enter higher value-added & niche segments, improve products quality, and improve the marketing of their products. These would include: decreasing the costs by applying precision agriculture techniques, increasing the crop yields by catching up on use of irrigation, fertilizers, and machinery; increase in shifting from the export of agricultural commodities to export of food, rise in investments in additional storage capacity, passing required certification procedures to enter new markets, entering high-margin niches including fresh & organic products and improvement in marketing of Ukrainian products to strengthen the brand recognition & customer loyalty.  It is projected that future of the Ukraine agriculture market will be bright on account of growth in development & promotion of small & medium enterprises (SMEs) farming during the forecast period.

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Ukraine Agriculture Market

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Russia Agriculture Market Trends, Statistics, Growth, and Forecasts

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Ken Research
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Customer Retention Strategy | Field Ready Sales Plan: Ken Research

 The Field Ready Sales Plan is a particular arrangement that sets out the sales targets & system for your business, and identifies different steps you take to meet your objectives. It assists you to choose the sales strategies that are appropriate to your target market, define a set of sales targets for your business, motivate, activate, and focus your sales team, recognize sales tactics for your sales team budget & clarify steps you will take to achieve your targets review your objectives periodically and improve your approaches to sales.

An effective sales plan is required to provide strategic direction for the sales team, monitor sales team’s progress to organizational goals, to communicate the company’s goals or objectives to your sales team and outline the roles & responsibilities for sales team & leadership. A typical Field Ready Sales Plan includes revenue targets, target customers, pricing & promotions, strategies & tactics, team structure, market conditions, deadlines & DRIs (Directly Responsible Individuals).

Many businesses develop/update sales plans periodically every 6 or 12 months. You should treat your sales plan as a living' document, which you can revise regularly. Ken Research has numerous customer retention strategies to increase your sales. Customer retention refers to various activities that companies do for reducing the number of customers they lose each quarter, month, and year. Customer retention is essential for long term survival of your eCommerce business and eStore. Some stages of customer retention include social bond, financial bond, structural bond, and customization bond etc. Social bond focuses on building social bonding with the customer that builds longer time profits. In financial bond, customers are offered financial benefits for instance discounts and other free cross-services to avoid the churn. The business uses this stage of retention to get customers’ attention for other levels of retention. Structural bond stage works in Business-to-Business (B2B), in which the business forms a bonding intimate enough that they share a part of business structure that is hard to break. Therefore the retention becomes a crucial part of business structure. Additionally, customization bond stage involves the mass communication with the customer & developing an intimate understanding between the two. With this bonding, the product or services are no longer of one standard but get customized as per the customers’ requirements. The price or charges become more flexible.

Some of the key Customer Retention Strategy includes form customer councils, preview & validate new features, run contextual in-app surveys, onboard new customers, set cleat expectations, act of customer feedback, utilize product announcements, offer multi-channel support, send customer satisfaction surveys, start a customer loyalty program, trigger emails to bring back inactive users, incentives customers with referral programs, use a discount to re-engage first time buyers, use the element of surprise, publicly acknowledge your mistake, empower customers with self-serve resource, thank your customers, and among others. With the effective customer retention strategies, you can boost sales revenue, protect your business resources, build a strong commercial relationship with your clients, and take your business towards branding, all in most cost-effective ways.

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Customer Retention Strategy

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Future Growth of Qatar Facility Management Market: Ken Research

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Facility Management has become one of the persuasive sectors yearnings for concentrated recognition for a long duration of time. The improvement began about a few decades ago when end-users measured the choice of outsourcing the operation, conservation, and other non-core activities connected to the facility to a professional corporation that formed a fresh industry called FM. Today, the FM has grown as a customer delight by utilizing the advanced technology and modular building models to accommodate several needs, providing the way to managing facilities. FM Services are categorized into two major types: Hard Services: Electrical, Mechanical, Plumbing, HVAC, Fire protection, and other systems/solutions connected to the construction maintenance. Cleaning, Security/Staffed Guards, Landscaping, Waste Collections, Pest Control, Rope Entry, Catering, and several other related services are involved.

According to the report analysis, ‘Qatar Facility Management Market: Market Segments: By Service (Property[HVAC Maintenance, Mechanical & Electrical Maintenance], Cleaning, Security, Catering, Support, Environmental Management and Other Services);By End User (Commercial, Residential Industrial)By Mode (In-House Outsourced[Integrated, Bundled, Single]); By Type (Hard, Soft and Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030’ states that the effective growth in the country's market is propelled by the increasing usage of facility management services in the commercial buildings, residential construction projects, infrastructure projects, and industrial projects. As several projects are underway, the requirement is expected to enlarge in Qatar, following governments' strategic measures to quicken demand improvement during the coming years.

In addition, the contribution in the infrastructure sector has been progressing owing to the upcoming mega-events around the country, such as the FIFA World Cup 2022, the Gulf Expo, and several others; the Qatar facility management market has an auspicious future. For example, in order to host the 2022 FIFA World Cup, more than $200 billion is being contributed in infrastructure improvement in the country, comprising the new rail lines, new international airports and ports, highways, hotels, and several others. Also, the speedy enlargement of tourism, education, and real estate sectors would underwrite toward the economic growth of the country and result in a requirement for facility maintenance services.

Not only has this but Qatar's National Vision 2030 was also introduced during 2008 which is one of the foremost forces projected to drive the development of Qatar's facility management segment. It is aimed at four major pillars, comprising human growth, social development, economic improvement, and the advancement of the environment. The aim of the national vision is to improve the country by decreasing its economic dependence on the oil and gas industry and by consolidating other segments, such as infrastructure and tourism. The vision lays the groundwork for the speedy growth of infrastructure and investments to obtain its objectives. The vision will involve the large areas of choices for the creation and growth of the region’s facility management sector. Therefore, in the near years, it is anticipated that the Qatar facility management market will increase around the globe more effectively over the forthcoming years.

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

Qatar Facility Management Market Growth Rate

Related Report:-

Vietnam Facility Management Market Outlook to 2023 - By Single, Bundled And Integrated Services; By Soft Services (Housekeeping, Security, Landscaping And Others) And Hard Services (Electromechanical Services, Operations And Maintenance Services, Fire Safety And Security Systems), By End User Sectors (Commercial, Industrial, Hospitality, Residential, Infrastructure And Others)

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249