Thailand Ophthalmology Market, Thailand Ophthalmology Industry, Covid-19 Impact Thailand Ophthalmology Market: Ken Research

 How Ophthalmology is growing in Thailand

The population of Thailand has long been impacted by eye diseases including Cataract, Refractive Error, Glaucoma, Pterygium and Conjunctivitis among others. The country actually set its sights on 2020 and formed a Vision 2020 plan, to improve the ophthalmic care landscape in the country, and reduce the incidence rate of untreated eye ailments and disorders.

Thailand has a total of ~ ophthalmologists, registered under the Royal College of Ophthalmologists, which is the official association of Ophthalmologists in Thailand. The College mandates the ophthalmology curriculum and conducts the Thai Board of Ophthalmology examinations. It also mandates the good practice standards for ophthalmologists around the country. It also undertakes measures for prevention of blindness and promotion of eye care in collaboration with both governmental and non-governmental organizations.

The demand for ophthalmic care has been majorly stimulated due to a rise in the incidence of eye ailments and diseases among the Thai population. Ailments/Diseases such as Cataract, Refractive Error, Glaucoma and Retina-related diseases have been pretty common across all segments of the Thai population, from children to the elderly. Moreover, the incidence of eye diseases is higher among the elderly in Thailand, whose size is indicated by the ever increasing life expectancy rate in the country. Elderly people also suffering from other ailments such as diabetes contract retina-related diseases and age-related macular degeneration. These diseases require detailed eye surgical operations conducted by specialized ophthalmologists.

There has also been a growth in eye consultations along with eye surgeries, which has directly translated to revenue growth for ophthalmology in the country. Ophthalmology clinics have also increasingly started to sell eye-wear products, which has emerged as an additional revenue stream for clinics.

Segmentation by Type of Consultation

By Consultation Type (Eye Strain/Aesthenopia, General Check-Up, Decreased/Reduced Vision, Allergic Reaction, Deformities of Eye/Eyelids)

Eye-Strain was identified to dominate the reasons for consultations, followed by General Check-Up

Segmentation by Type of Surgery

By Type of Surgery (Cataract, Refractive Error, Glaucoma, Retina Related Diseases and Others)

In terms of surgeries, Cataract surgery and Refractive Surgery were identified as the most popular surgeries, one due to the high incidence rate of cataract in Thai population and two the high demand for LASIK surgeries among Thais and foreign tourists.

Segmentation by Region

By Region (Bangkok, Central, South, North-East and North)

Bangkok, Central Thailand and Southern Thailand were identified to be dominant for ophthalmology, due to high population density and strong ophthalmic healthcare infrastructure in the regions.

Bangkok, Central Thailand and Southern Thailand were identified to be dominant for ophthalmology, due to high population density and strong ophthalmic healthcare infrastructure in the regions.

Segmentation by Type of Hospital

By Type of Hospital (Single-Specialty and Multi-Specialty

Multi-Specialty Hospitals were identified to be dominant in terms of number of consultations, number of surgeries, corresponding revenues and number of branches. The same can be attributed to the more number of branches that multi-specialty hospitals have in Thailand, for ophthalmology.

Competition Landscape

Competition in the Ophthalmology space in Thailand is moderately fragmented, with top 6 players accounting for approximately 42% market share in terms of revenues. Competition growth stage is pre-maturity with strong scope for entry of new players among regions such as North and North-East Thailand. In terms of regions, Bangkok was identified as the major regional cluster for ophthalmology in the country. Private and public health establishments exist for ophthalmology in the country, with private clinics and hospitals strongly dominating the landscape.

Key Segments Covered

Type of Consultation (Eye Strain/Aesthenopia, General Check-Up, Decreased/Reduced Vision, Allergic Reaction, Deformities of Eye/Eyelids)

Type of Surgery (Cataract, Refractive Error, Glaucoma, Retina Related Diseases and Others)

By Region (Bangkok, Central, South, North-East and North)

Type of Hospital (Single-Specialty and Multi-Specialty)

Hospitals and Clinics Covered

Rutnin Eye Hospital

TRSC International LASIK Center

Bumrungrad Hospital

Bangkok Hospital

Samitivej Hospital

Thonburi Hospital

Metta Pracharak Hospital

Vichaiyut Hospital

Thainakarin Hospital

Top Charoen Eye Center

Key Target Audience

Single-Specialty Hospitals and Clinics

Multi-Specialty Hospitals

Ophthalmologists

Ophthalmology Associations

Medical Universities and Colleges

Health Ministry of Thailand

Time Period Captured in the Report:-

Historical Period: 2015-2020

Forecast Period: 2020-2025

Key Topics Covered in the Report

Ophthalmology Healthcare Infrastructure in Thailand

Government Initiatives to Promote Superior Eye Care in Thailand

Revenue Sources for an Ophthalmology Facility

Ophthalmology Business & Operating Landscape of SEA Countries: Comparison with Thailand

Regional Analysis of Ophthalmology in Thailand

Common Eye Ailments & Surgeries in Thailand

Technological Innovations in the Ophthalmology Field in Thailand

Infrastructural & Ophthalmological Ecosystem Challenges & Solutions

Mapping the Impact of the Pandemic on Ophthalmology in Thailand

Investment Model for Setting up an Ophthalmology Clinic in Thailand

Competition Landscape

Projected Clinic Landscape for Ophthalmology in Thailand

Optimizing Existing Ophthalmological Healthcare in Thailand

Launching an Ophthalmology Facility in Thailand

Potential Risk Factors for New Entrants & Existing Players

For More Information on the Research Report, Refer to Below Link:

Thailand Ophthalmology Market

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Vietnam Ophthalmology Market Outlook to 2023 - By Diseases (Cataract, Myopia, Glaucoma, Retina related Diseases, Blindness with Poor Eyesight, Conjunctivitis and Others), By Regions and By Hospitals (Single Specialty Eye Hospitals and Multi Specialty Hospitals)

Contact Us:

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Ankur@kenresearch.com

+91-9015378249

Increment in Trends of Commercial Services Global Market Outlook: Ken Research

 The commercial services market entails of the sales of commercial services by numerous entities (organizations, sole traders and partnerships) that function support activities for the day-to-day operations of other businesses or organizations. Examples comprise office amenities management services, travel arrangement services.

According to the report analysis, ‘Commercial Services Global Market Report 2020-30: Covid 19 Impact and Recovery’ states that Adecco Group; Randstad Holding; Manpower Inc; Waste Management Inc; Iss A/S and many others are the key companies which recently functioning in commercial services global market for leading the highest market growth and registering the handsome value of market share around the world more significantly while decreasing the associated cost, developing the applications and characteristics of commercial services, spreading the awareness connected to the applications and qualities of such, analysing the strategies and policies of the government as well as corporates, opting the policies of profit making and enlargements, establishing the several research and development programs, and delivering the better consumer satisfaction.

In addition, with the companies aiming on core business functions, automated billing systems are broadly being used to decrease the billing errors and decrease costs. Automated systems produce the and send electronic copies of the invoices unswervingly to consumers. The Automated billing systems allow tracking of unpaid bills, automate payment reminders and periodic invoices, manage discounts and coupons, and generation of customized invoices. Such systems also produce the real time reports on sales, orders, budgets that support track business performance. Several software as a service-providers are suggesting the CRM applications which offer solutions for billing, sales and other operation in an organization. Some of the prevalent automated billing systems comprise Zoho Invoice, Salesforce, QuickBooks, Invoice2go and Intacct.

Not only has this, the Artificial intelligence is widely being optimized by business organizations in consumer support activities as it considerably decreases the operational costs. The Artificial intelligence systems functions tasks that normally demand the human intelligence such as speech recognition, translation amongst the languages, visual perception, decision-making. This technology allows the handling of consumer grievances and other communications without human intervention, thereby increasing efficiency and decreasing the operational costs. It also assists the manage support tickets in bulk, delivers the multi-language assistance and auto responding of bulk emails.

Although, the speedy increase in the capacity of enterprise data and increasing the automation of business procedures across several end-use industries such as retail, manufacturing, healthcare, and transportation are projected to drive the requirement for business software and services over the review period. Significant growth in deployment of enterprise software and services around the IT infrastructure for allowing the better strategic decision-making, decreasing inventory cost, advancing the profitability, and allowing organizations to developing their market position is estimated to influence the market growth over the forecast duration. Therefore, in the near years, it is anticipated that the market of commercial services will increase around the globe more proficiently over the forthcoming duration along the effective amount of investment by the coming investors as well as prevailing corporates.

For More Information, Click on the Link Below:-

Global Commercial Services Market

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Commercial Services Global Market Forecast To 2022

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Ken Research

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Global Population Health Management Market Outlook: Ken Research

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The process of categorizing groups of persons is population health management (PHM) that aims to sustain and improve health outcomes for these assemblies. Population Health Management solutions objective population-level data-driven healthcare and permit patient segmentation established on common medical circumstances and attributes. PHM lets collection of data, danger stratification, coordination of treatment, and interaction with patients. PHM is a patient-friendly system, which promotes the control of care prices by better price-effective alternatives. The platform also permits payers and sellers to control risks associated to reimbursement policies. The healthcare system has progressively been patient-centric within recent years. The usage of Population Health Management has resulted in an upsurge in the quality of life and a decrease in general spending. In addition to classifying target high-risk populations, disease management systems estimate demographic characteristics and usage of healthcare.

According to the analysis, ‘Global Population Health Management Market: Market Segments: By Component (Software and Service); By Delivery Mode (Web Based, On-Premise, and Cloud Based); By End User (Health Provider, Healthcare Payers, Employer Group and Government Bodies); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030’ there are so numerous key performers that are functioning for the enrichment of the market which takes account of Allscripts Healthcare Solutions, Siemens Healthcare GmbH, Cigna,  Health Catalyst, Conifer Health Solutions, LLC.,  Cerner Corporation.,  Koninklijke Philips N.V, Allscripts,  Optum, Inc., McKesson Corporation, ZeOmega. Makers are investing in research and development to introduce fresh products to support healthcare organizations as healthcare prices are increasing. From a paper-based structure to a digitized structure, the medical industry is progressively evolving, quickening the demand for healthcare IT services. Moreover, a change from Fee-For-Service (FFS) to Value-Based Payment (VBP) models has led to an increased demand for strategies inspiring value-based care delivery by healthcare stakeholders. It is as well predicted that cumulative demand for successful disease management plans would improve the market growth. However, the expansion of this market is unfavorably affected by data breaches, a shortage of qualified analysts, and interoperability glitches. Furthermore, the danger posed by computer viruses is as well accumulative that can lead to deterioration within the skills of population health management. During the forecast period, this danger of low information security is predictable to restrict the development of the market for population health management.

Global Population Health Management Market is divided based on regional analysis into five foremost regions. These take in North America, Latin America, Europe, APAC, and MENA. Global Population Health Management Market within North America held the largest market within the year 2018. The North American market is rising significantly due to the effective government rules, high costs on healthcare, built infrastructure for healthcare, and the increasing prevalence of chronic diseases.

Additionally, the increasing geriatric population ensures the growth of the demand for population health management. Since they are in danger of illness owing to low levels of immunity and rose recovery time, the elderly population requirements extensive treatment. The elderly is more at danger of chronic diseases like cancer and cardiovascular diseases, thereby cumulative the essential for better diagnosis, prevention, and care. As they have reduced immunity and are more in danger of drug reactions, the older population often has an augmented need for personalized medication. Augmented demand for PHM is thus created by the increasing geriatric population. Thus, it is predicted that the Global Population Health management market can increase within approaching years.

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

Global Population Health Management Market Analysis

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Global Bottled Water Market Research Report: Ken Research

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The Packaged drinking water that is sieved and free from contaminants is bottled water. It is sold in plastic and glass water bottles and is opportunely available in local grocery stores and supermarkets as the most opportune way for the body to gratify its hydration requirements. The most convenient source of water is bottled water, since it is available in dissimilar convenient packets, allowing the customers to conveniently control it. These bottles of water are expedient and perfect for usage on the go.

According to the report analysis, ‘Bottled Water Market: Market Segments: By Product (Purified, Mineral, Spring, Sparkling, Distilled and others); By Distribution Channel (Offline and Online); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030’ states that the requirement is driven by an augmented understanding of waterborne diseases such as malaria, typhoid, diarrhea, food poisoning, and several others in health care. Besides, since it is handy, bottled water is more compressed and easier to utilize, thereby supporting the growth of the market. Besides, over the review period, growing customer perception of the health advantages of drinking bottled water is expected to propel market growth. Product sales are influenced by the inclination towards bottled water rather than ordinary water, specifically among younger consumers. Numerous restaurants are offering bottled water to meet consumer demand in light of this improvement. For health-conscious consumers, water seems to have found a sweet spot. The speedy expansion of restaurants in the U.S. is also foreseen to generate a significant demand for bottled water in the forthcoming years.

In addition, the Bottled water market is projected to witness substantial growth in the coming years owing to change in lifestyle patterns of customers as they are more inclined towards the most expedient sources of water and food to save their time. The key factor propelling the growth of the market studied over the review period has been increasing consumer requirement for functional beverages. The ease of consumption and its impression on human nutrition are the aspects driving the market's demand. Functional water's increasing popularity amongst the working class and millennial populations is projected to enhance the market growth.

Plain and flavored types of still and sparkling water have become broadly popular drinks on a worldwide level in recent years. This is an ongoing megatrend and is estimated to remain prevalent during years to come.  With increasing health consciousness, consumers are opting for packaged water and decreasing the consumption of sugary drinks. The consumption of still drinking water has augmented in food outlets and restaurants, which is booming the market growth.

Furthermore, transforming water consumption habits, increasing organized retail sectors, and the establishment of innovative products, such as flavored water is further projected to support the Asia Pacific region market growth. India and Israel signed a memorandum of understanding (MoU) to encouarge India's desalination technology. This government-led initiative to boom the technology to introduce purified water is projected to positively impression the segment growth over the forecast duration.

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

Global Bottled Water Market Analysis

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+91-9015378249

India Construction Chemicals Market Growing with the Surging developments in End User Sectors of Real Estate and Infrastructure: Ken Research

“Amplified demand for Concrete Admixtures has driven the growth of Construction Chemicals Market in India.”

Surging Government Initiatives: The Government has launched a massive National Infrastructure Pipeline (NIP) till 2025, as of 2019, with ~24 lakh crore investment on Infrastructure. The government is also taking various steps to restructure corporate taxes and make them more appealing to foreign investors. The move is anticipated to boost investments in the healthcare, education, housing, transportation, and water infrastructure sectors, leading to the growth of the Construction Chemicals industry in India.

Growing Market Share of Organized Construction Chemical Players: The organized construction chemical companies contribute a market share of ~55-60% in the India construction chemical market. The market has witnessed a large number of global construction chemical companies entering this market in the past few decades, leading to the growth in their market share. The surging demand for high quality construction chemical products is leading to the growing demand for the organized construction chemical Companies. These Organized Players have started providing a varied product portfolio with products such as waterproofing, concrete admixtures, sealants, Adhesives and others targeting a larger user segment. High complexity in manufacturing along with limitations related to technical assistance and after sales service are some of the factors leading to the limited entry of Unorganized Players in the market.

Increasing Demand for Concrete Admixtures: Concrete Admixtures are contributing majorly to the construction chemicals market (by Value) in India. The market for concrete admixture in India is witnessing a significant growth, owing to the rapid growth and Project Execution in the construction industry. Government initiatives like “Housing for all by 2022” have largely facilitated the growth of the construction sector in the country. Low complexity in manufacturing the concrete admixtures has led to the sustenance of a large number of unorganized concrete admixture companies in India. The unorganized concrete admixture companies are dominating the market with a market share of ~55-60%, by value.

The report titled “India Construction Chemicals Market Outlook to 2025: Surging Construction Industry in India is leading to the Growth of Construction Chemicals Market” by Ken Research suggested that the India construction chemicals market is further expected to grow in the near future with the growing Residential and Commercial construction along the massive pipeline of Infrastructure Projects anticipated to be executed in the forecasted period. The market is expected to register a positive CAGR of 10.0% in terms of revenue during the forecast period of FY’20-FY’25, with the Organized market anticipated to grow at a faster rate.

Key Segments Covered in India Construction Chemicals Market:-

By Type of Construction Chemical Market

Organized

Unorganized

By Type of Construction Chemicals

Concrete Additives

Waterproofing

Tile Adhesives

Flooring

Repair and Rehabilitation Chemicals

Sealants

Grouting chemicals

Coatings

By Type of Concrete Additives Market

Organized

Unorganized

By Type of Waterproofing Market

Organized

Unorganized

By Type of Tile Adhesives Market

Organized

Unorganized

By Type of Flooring Market

Organized

Unorganized

By Type of Repair and Rehabilitation Chemicals Market

Organized

Unorganized

By Type of Sealants Market

Organized

Unorganized

By Type of Grouting Chemicals Market

Organized

Unorganized

By Type of Coatings Market

Organized

Unorganized

Key Target Audience:-

Construction Chemical companies

Concrete Additive companies

Waterproofing companies

Adhesive and Sealant Companies

Grouting chemical companies

Coating companies

Time Period Captured in the Report:-

Historical Period: FY’15-FY’20

Forecast Period: FY’20-FY’25

Construction Chemical Companies in India:-

Fosroc

Sika

Jotun

BASF

Thermax

MYK Laticrete

Asian Paints PPG

Asian Paints

Chryso

Chembond

Pidilite

STP Limited

Mapei

Ardex Endura

Zydex

Flowcrete

McCoy Soudal

Bostik

Choksey

Sunanda

Cipy

Saint Gobain Weber

MC

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

India Construction Chemicals Market

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Growth in Patients reporting Eye Discomfort and Reduced Vision Problems along with Increasing Proportion of Elderly Citizens Population has Stimulated Growth in Ophthalmology Market in Malaysia: Ken Research

 Lower Ophthalmology Costs in Malaysia: Ophthalmology cost in Malaysia is estimated to be comparatively less i.e. 40% less or even more than the spending made by a patient on an average for the same treatment in the US and European countries such as the UK, France, Germany and others. Low cost of Ophthalmology in Malaysia allows patients from the other countries to save a significant amount of money while benefiting from the one among the world-class medical treatment.

Hence, Malaysia is witnessing Growth in Number of Healthcare Travelers increased from 921 Thousand in 2016 to 1.2 Million in 2018, i.e. a growth of 14.1% during the period of just 2 years, i.e. 2016-18.

Diabetic Prevalence Rate in Adults: 12% of Overall Malaysian Population is suffering from diabetes in 2020. More than 18% Adults recorded Diabetes as on 2020, an increase from 11.2% in 2011, comparatively a higher proportion than other South East Asian Countries. Diabetes is a major health concern among Malaysians, and the prevalence of Type 2 diabetes (T2D) has escalated to more than 20% in adults above the age of 30 in 2020. Higher diabetic patients contributed to the growth of more patients who are suffering from Eye diseases like Diabetic Retinopathy, Cataract and Glaucoma.

Growing Share of Healthcare in GDP: GDP of Health Services in Private Sector increased from 8.0 Million in 2015 to around 12 Million in 2020P with a CAGR of 8.1% during 2015-20P whereas in Public Sector increased from 13.1 Million in 2015 to around 18.5 Million in 2020P with a CAGR of 7.2% during the same period. Gross Domestic Product (GDP) of health services provided an indication of the demand trends for health services including Ophthalmology Services in Public and Private Healthcare Settings in Malaysia.

Impact of COVID-19 on Malaysia Ophthalmology Market: COVID19 has severely impacted all the industries across the Globe. Eye related Elective Surgeries were stopped amidst the Movement Control Order (MCO) which was introduced by Federal Government of Malaysia to control COVID19 Pandemic effect on the Country. Guidelines were issued with respect to the Operations and Precautions to be followed across by the Ophthalmology Clinics. Guidelines majorly included timely Sterilization of Equipments, necessary Face Shields and Masks and Temperature Check of the Patient before they enter the clinic. Consultations and Surgeries declined in the Month of April, May and June as Customer footfall at the Clinics and Surgeries performed were reduced and only Patients with Severe Eye Problems could take the treatment.

Analysts at Ken Research in their latest publication “Malaysia Ophthalmology Market Outlook to 2025- Increase in Ophthalmic Surgeries & Consultations driven by Increasing Ageing Population Proportion and Ophthalmology Technological Advancements” observed that the Ophthalmology Market in Malaysia has been growing over the years as a result of Rising Number of Ophthalmologists, Growing Number of Clinics, Increasing Health Budget and Growth in Prevalence of Non Communicable Diseases such as Hypertension and Diabetes. 

Malaysia Ophthalmology Market in terms of Number of Consultations and Number of Surgeries is expected to growth with a CAGR of 9.2% and 6.5% in the forecast period 2020-2025.

Key Segments Covered

Number of Consultations and Consultations Revenue

By Type of Specialty

Single Specialty Hospital/Clinic

Multi Specialty Hospital/Clinic

By Regions

Selangor

Kuala Lumpur

Johor

Perak

Penang

Others

By Ailment Type

Reduced Vision

Red Eyes

Eye Strain

General Check-Ups

Allergic Reactions

Deformities of Eye and Eye Lids

By Type of Clinic/Hospital

Public Hospitals/Clinics

Private Hospitals/Clinics

Number of Surgeries and Revenue from Surgeries

Type of Surgeries

Cataract

Refractive Error

Glaucoma

Retinal Disorders

Oculoplastic and Eye Lid Surgery

ARMD

Others

Malaysia Ophthalmology Market Companies Covered

ISEC Malaysia

Optimax Eye Specialist

Tunn Hussein Onn National Eye Hospital (THONEH)

Vista Eye Specialist

Top Vision Eye Specialist

Sunway Eye Centre

KPJ Centre for Sight

Oasis Eye Specialist

KL Eye Specialist

IKONIK Eye Specialist

Key Target Audience

Government and Regulatory Bodies

Industry Associations

Single Specialty Eye Clinics and Hospitals

Multi Specialty Eye Clinics and Hospitals

Eye Clinics

Ophthalmologists

Medical Device Companies

Ophthalmology Device Instrument Companies

Time Period Captured in the Report:-

Historical Period: 2015-2020

Forecast Period: 2021-2025

Key Topics Covered in the Report

Malaysia Ophthalmology Market Overview

Malaysia Ophthalmology Market Ecosystem

South East Asian Countries Ophthalmology Market Cross Comparison

Cross Comparison- Major Ophthalmology Players in Malaysia

Malaysia Ophthalmology Revenue Streams

Malaysia Ophthalmology Market Landscape

Malaysia Ophthalmology Market Size

Malaysia Ophthalmology Market Segmentations 2020

Malaysia Ophthalmology Market Growth Drivers

Malaysia Ophthalmology Market Government Regulations

Malaysia Ophthalmology Market Trends & Developments

Malaysia Ophthalmology Issues and Challenges

Malaysia Ophthalmology Market Major Company Profiles

Malaysia Ophthalmology Clinic Investment Model

Malaysia Ophthalmology Market Future Market Size and Segmentations, 2020-2025F

Covid-19 Impact on Malaysia Ophthalmology Market

Analyst Recommendations

Case Studies

For More Information on the Research Report, Refer to Below Link:

Ophthalmology Market in Malaysia

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Contact Us:

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Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249