Wednesday, November 24, 2021

Global Ceramic Knife Market is predicted to Augment Owing to Increase in Number of Restaurants and Eateries: Ken Research

 The ceramic knife appeared to be prominent with the customers since ordinary kitchen knives and general metal tools are not enough to meet individual’s requirement. The ceramic knife is well-known as a “noble knife”, which has the benefits that ordinary steel knives cannot match, likewise sharpness, fashion, health, safety and environmental protection. The ceramic knife is a new type of knife made of nano-technology which is more than ten times as sharp as a steel knife. Therefore, the ceramic knives have the characteristics of high hardness, high-temperature resistance, high-density, magnetization and oxidation resistance.

According to the report analysis, ‘Global Ceramic Knife Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)’ states that Mitsubishi, Zwilling JA Henckels AG, Kyocera Corporation, Keramikos Kitchen, Oliver and Klin, MoiChef, Jaccard Corporation and many more are the key entities which recently operating in the ceramic knife market more proficiently for generating the high percentage of revenue, obtaining the competitive edge, keep maintaining the governing position, ruling around the globe, leading the highest market growth and registering the great value of market share.


On the basis of types, the global ceramic knife market is segmented into 3-inch Paring Knife, 4-inch Fruit Knife, 5-inch Utility Knife, 6-inch Utility Knife, 8-inch Utility Knife, and many others. On the basis of applications, the global ceramic knife market is classified into residential, commercial and industrial. It is predicted that the residential application was the greatest segment during the recent past years and is probable to enlarge further at a steady CAGR. This growth is accredited to the growing awareness concern to the prevalence of advanced products and customer disposable income levels, particularly in underdeveloped regions such as India and China.

In addition, the increasing popularity of the reality shows, likewise MasterChef, Top Chef, Hell’s Kitchen, Iron Chef, and Chopped, which have renewed the arena of cooking, is the foremost growth-propelling aspect for the market. Furthermore, cooking has become a prevalent career choice, which is predicted to have a positive impression on the requirement for the ceramic knife.

Not only has this, the effective growth in importance of visual appeal dishes will propel the product requirement over the next few years. Additionally, usage of knifes to generate the uncommon shapes comprising chiffonade, brunoise, julienne, and macedoine has become a primary trend due to the speedy globalization. This will boom up the product requirement. The introduction of improved product will also have a positive impression on the market growth during the coming years.

Cooking has become a prevalent career choice, which is predicted to have a positive impression of the product requirement. Augmented importance of the visual appeal in countless food dishes will propel the product requirement over the next few years. Product development is predicted to remain a critical accomplishment aspect for the market participants. Therefore, foremost entities have augmented their spending on new product improvement. Thus, it is predicted that the market of ceramic knife will increase around the globe more actively over the near future.

For More Information, Click on the Link Below:-

Global Ceramic Knife Industry

Related Reports:-

(COVID-19 Version) Global Ceramic Knife Market Status (2015-2019) and Forecast (2020-2025) by Region, Product Type & End-Use

Global Ceramic Knife Market Status and Future Forecast 2015-2025

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Tuesday, November 23, 2021

Rise in Demand for Pickles among Consumers as a Flavourful Product Expected to Drive Global Pickles Market: Ken Research

 Pickles are rich source of fundamental nutrients including iron, vitamins, calcium and potassium and possess various anti-oxidant properties. They are prepared to preserve the fruits, vegetables or a mixture of both, or to extend shelf life, either through anaerobic fermentation in brine or soaking in vinegar. They are known for a variety of health benefits for instance supplying essential minerals & vitamins, improving digestion and reducing the ulcers. Pickles are commonly sweet or sour in the taste and are often spicy. They attain the taste of key ingredient which is the fruit or vegetable of which the pickle is made. Increased promotional activities by the main manufacturers have increased the popularity of cross-cultural cuisine, which is an important factor for cucumbers around the world.

As per analysis, Global Pickles Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread). Few of the key companies operating in the global pickles market include Del Monte Foods, Gundelsheim, Van Holten's Pickles, Vlasic, ADF Foods, Kraft Heinz., Bluebonnet Creek Farms, Sucker Punch Gourmet, Maille, McClure's Pickles, Del Monte Foods, Best Maid Products, Mt. Olive Pickle Company, Gundelsheim, Pickle Juice and among others. These major companies form joint ventures or enter into the partnerships for specific projects, mergers & acquisitions to achieve technological advances. They strive to develop end products & services that are unique, profitable, competent in their work and can provide precise solutions to the respective problems.


Based on types, pickles market can be segregated as kosher dill pickles, polish-style pickles, brined pickles and others. In addition, based on application, market can be segregated as online retailers, retail store, wholesale markets and others.

The pickles market is primarily driven by increase in health benefits of pickles include reducing ulcers, improved digestion, source of anti-oxidants that help the body from free radicals attack and rise in awareness about GMO products & longer shelf life. Apart from this, decrease in usage of preservatives in organic pickles and rise in awareness about the harmful effects of GMO products may impact the market.

Based on regional analysis, the North-America is a leading region in global pickles market owing to growth in consumption of cucumber pickles & olives across the region. The Europe and Asia-Pacific regions are estimated to witness higher growth rate due to easy availability of seasonal fruits & vegetables with which pickles are made and increase in acceptance of different & new cuisines and continually changing the eating behavior of consumers over the forecast period. Furthermore, increase in use of a variety of pickled fruits, vegetables, seafood and meat in the meal accompaniment form is likely to pave the way for mushrooming growth of pickles market in the Asia-Pacific region. It is anticipated that future of the global pickles market will be bright because of rise in demand for pickles among consumers as a flavourful product and also as the food enhancers during the forecast period.

For More Information, Click on the Link Below:-

Global Pickles Market

Related Reports:-

Global Pickles and Pickle Product Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

Global Pickles and Pickle Product Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

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Decoding the landscape of International remittance Industry in Saudi Arabia: Ken Research

 November 2021

  • The Saudi Arabia Remittance market is anticipated to grow at a CAGR of 2.8% during the forecast period FY’20-FY’25.
  • Growth of digital payments solutions, along with rising fintech ecosystem are further expected to give a boost to numerous entities that facilitate online payments in the country.
  • Opening of the market to allow foreign MTOs will encourage entry of new players in the oligopolistic remittance market

Saudi Arabia is one of the most economically prosperous country in Asia and hence is a prominent emigration destination to a many South Asian countries. Of the current population of 33 Million, more than 37% of population comprises of expats with India, Pakistan, Nepal, Philippines, Bangladesh, Sri Lanka and Egypt being key source countries. This results in a high contribution of outbound remittance in the industry as the expats send money to their home country periodically.

Due to increased focus on hiring Saudi nationals at higher level posts, more and more people are looking to move from Saudi Arabia. This led to a decline in the remittance industry size by value. However post-COVID the scenario has reversed due to higher propensity to save.

Until 2019, the foreign MTOs were not allowed to set up business independently. But based on G20 National Remittance Plan, Saudi Arabia has opened the markets for foreign MTOs which will boost the industry growth.

How is the competitive landscape in International Remittance Industry of Saudi Arabia?

The Saudi Arabian Remittance market is dominated by major 7-8 which are providing remittance services from a very long back.  A very high amount of capital would be required to make any position in the oligopoly remittance market of Saudi Arabia. More than 95% of the remittance market is hold by 8 firms and the competition has been growing largely since the increase in penetration of digital channels. Entry of STC pay has gained a substantial market share since it begin their operations and all other banks are now focusing on strengthening their digital channels.

In Saudi Arabia, foreign MTOs were not allowed to open their branches and providing remittance services independently in the Kingdom. Since 2019, the plan have been introduced but there are many rules and regulations which are to be followed for the foreign money exchanges. The paid up capital has not been standardized for the foreign players and it is to the discretion of Saudi Central Bank SAMA. This means that the entry barriers are high for the remittance industry in the Kingdom.

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What is the future takeaway for industry players?

Given the backdrop of increase in volume and value of outbound international remittance transactions, analysts at Ken Research expect a growth of 4.5% during 2020-21 and CAGR of 2.8% during 2020-25F.

During this period, value of transactions is expected to peak in 2025 which will be driven by the opening of the market for foreign MTOs and growing adoption of digital solutions.

Analysts at Ken Research further expect that digitalization of services and corresponding marketing campaigns are expected to drive the revenue of remittance industry at a CAGR of 3.1% during 2020-25F

Key Topics Covered in the Report

Overview of International Remittance Industry in Saudi Arabia (Statistics on Corridor wise Transaction volume and value)

Industry segmentation (By Type of Transfers, Corridor wise)

Cross Comparison of Major players on Operational and Financial Parameters (December 2020)

Company Profile of Major Players (Overview, Products and Services, USP, Business Strategies, Branch wise Operational Performance, Cumulative Financial Performance, Recent Developments)

Growth Drivers and Challenges to Saudi Arabia International Remittance Market

Industry trends and developments

Risk factors in the industry

Rules and Regulations by Government Bodies

Impact of COVID-19 and Future Outlook of Industry

Related Reports:

Russia Remittance and Bill Payments Market Outlook to 2023 (Second Edition)- By Domestic Remittance Banking & Non -Banking Channels; International Remittance Flow Corridors and Channel; and Bill Payment Segment

Indonesia Domestic and International Remittance Market Outlook to 2023 - By Inbound & Outbound Remittance, By Banking and Non-Banking Channel, By Income Level Group and By Inflow and Outflow Remittance Corridor

Singapore International Remittance Market Outlook to 2023 - By Inbound & Outbound Remittance, By Banking and Non-Banking Channel, By Inflow & Outflow Remittance Corridors

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Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

Global Heat Exchangers Market 2021 by Application, Size, Technology, Opportunities, End Users, Regions And Forecast 2027

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A heat exchanger is specific type of system, generally used to transfer heat between two or more liquids, mainly between hard surface and a liquid with different temperatures and thermal contact. Heat exchangers don’t use external heat or working communications. Some of the factors that will drive the heat exchanger market are increased investments in the chemical, petrochemical and fuel processing industries, rising energy demands, technical improvements, and strict environmental standards & regulations. Due to benefits such as low price, the heat exchanger market is becoming widespread in various industries. However, the power generation industry is the main end-use industry for the global heat exchanger market.

Referring to the study, “Global Heat Exchangers Market, 2021-2027” the key companies operating in the global heat exchangers market include Paharpur Cooling Towers Private Limited, Alfa Laval AB, Kelvion Holding GmbH, SPX FLOW, Inc., Baltimore Aircoil Company and among others. The leading companies have pursued various organic & inorganic growth strategies to strengthen their market positions. The introduction of new products is the main growth strategy of these leading companies in order to strengthen their regional presence and develop the product-portfolios to meet the rising demand for heat exchangers from emerging countries.

Based on product type, heat exchangers market can be segmented as cooling tower systems, shell & tube heat exchangers, air-cooled heat exchangers, gasketed plate & frame heat exchangers, brazed plate heat exchangers and others. Shell & tube heat exchanger segment dominates the global market owing to ease of servicing & their compatibility for use with various types of seawater coolants. In addition, based on application type, market can be segmented as power, chemicals, HVAC, oil & gas, refrigeration and others. The chemicals segment is predicted to witness higher growth rate as their application in the complex series of processes for instance heating, cooling, evaporation, condensing, separation, and others during the forecast period.

Rise in HVACR deployments & growth in construction activities, followed by rapid industrial expansions in developing economies, growth in technological advancements in heat exchangers market and stringent environmental regulations are some major factors, which are responsible for growth of the heat exchangers market. Apart from this, lack of awareness about buildings’ energy efficiency and regulations pertaining to fluorinated greenhouse gases may impact the market. Moreover, large aftermarket for heat exchangers and surge in nuclear power generation are leading opportunities for market.

Based on regional analysis, the Asia-Pacific is a leading region in “Global Heat Exchangers Marketowing to increase in number of power projects under construction across the region. The North-America and Europe regions are estimated to witness higher growth rate due to rise in preference for heat exchangers in oil & gas industries and increase in focus to reduce carbon footprint over the forecast period. It is predicted that future of the global heat exchangers market will be bright as a result of rise in demand for centralized heating systems coupled with growth in the economy of various countries during the forecast period.

For More Information, refer to below link:-

Global Heat Exchangers Market Size 2021-2027

Related Reports

Global Brazed Plate Heat Exchangers Market, 2021-2027

World Plate Heat Exchangers Market by Product Type, Market, Players and Regions-Forecast to 2026

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Global Brazed Plate Heat Exchangers Market Industry Trends, Analysis, Share, Market Size, Application Analysis, Growth Rate And Forecast 2021-2027

 

Brazed plate heat exchangers are commonly designed to provide unmatched performance at the lowest life cycle cost by using the most efficient type of heat transfer. These types of heat exchangers are maintenance free, resist high-temperatures and can maintain extremely high design pressures. One of the main drivers of the market for brazed plate heat exchangers is the properties of BPHEs such as high efficiency, compactness, flexibility and economy. In addition, heat transfer rate is high with these heat exchangers, because of the large conductive surface area that is likely to increase fluid turbulence, which in turn increases the demand for brazed plate heat exchangers across the globe.

As per analysis, “Global Brazed Plate Heat Exchangers Market, 2021-2027” the key companies operating in the global brazed plate heat exchangers market include Danfoss A/S, Kelvion Holding GmbH, Alfa Laval AB, Dover Corporation, Xylem Inc., Boyd Corporation, HYDAC Group and among others. Manufacturers are mainly dedicated to optimize the performance of brazed plate heat exchangers through the development of advanced and proprietary technologies for instance Equalancer system and Dualaced technology.

Based on product type, brazed plate heat exchangers market can be segmented as single circuit and multi-circuit. Single circuit segment dominates the global market due to rise in demand for use in heat pumps & water heating applications. Additionally, multi-circuit segment is predicted to witness higher growth rate as it provides various advantages such as low maintenance cost, smaller footprint, and energy efficiency during the forecast period.  In addition, based on application, market can be segmented as industrial and HVAC. The HVACR industry is projected to grow fast caused by rise in demand from the global construction sector. The global construction sector is growing due to urbanization, globalization, rise in living standards, and growth in infrastructure development, increase in purchasing power parity (PPP) and rise in demand for megacities in the countries.

Increase in number of construction activities, followed by growth in technological advancements, rise in demand of the product due to high efficiency, compactness and flexibility, increase in use of HVACr systems and surge in usages of the product in economizers, condensers, floor heating, super-coolers and other industrial applications are some major factors, which are responsible for growth of the brazed plate heat exchangers market. Apart from this, non-movable nature of the product may impact the market. Moreover, rapid industrialization, growth in number of technological development and increase in research & development (R&D) activities are leading opportunities for market.

Based on geographic analysis, the Europe region is a prevalent region in the “Global Brazed Plate Heat Exchangers Market owing to increase in levels of investment for the development of infrastructure across the region. The North-America and Asia-Pacific regions are anticipated to exhibit substantial growth rate due to growth in development of advanced infrastructure and rise in usages of the product in HVAC & industrial applications over the forecast period. It is projected that future of the global brazed plate heat exchangers market will be bright because of increase in number of construction activities coupled with rise in the per capita income of people during the forecast period.

For More Information, refer to below link:-

Global Brazed Plate Heat Exchangers Market Research Report

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Global Nickel Brazed Plate Heat Exchangers Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

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Ankur Gupta, Head Marketing & Communications

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Global Body Control Module Market - Application, Industry Analysis, Size, Demand Forecast 2027

 

The Body Control Module (BCM) is a specific type of electronic control-unit, which is responsible to monitor & regulate the electronic devices that are installed in an automobile. It interacts with the on-board processors by the vehicle bus, an internal communication-network that interconnects segments inside the vehicle whose prime application is commanding the load drivers – actuating relays that in turn perform various actions in the vehicle for instance securing the doors and dimming the salon overhead lamp. BCM enables the linking of inputs & outputs via powerful microprocessors. The most important functions of the BCM include the control of electrically adjustable mirrors, power windows, air conditioning, central locking, immobilizer and various other functions. Rising demand for small & reliable BCMs is a vital aspect of the growth in the market revenue of body control module as well as the integration of novel features in BCM and maturing the autonomous vehicles concept will foster market growth.

Referring to the study, “Global Body Control Module (BCM) Market, 2021-2027” the key companies operating in the global body control module market include Hella KGaA Hueck&Co., Robert Bosch GmbH, Continental AG, Aptiv PLC, Infineon Technologies AG and among others. The renowned players have strong distribution networks at worldwide level. Additionally, these players provide an extensive product range. Key strategies adopted by these players to maintain their market position are collaborations, new product developments, and contracts & agreements.


Based on product type, body control module market can be segregated as local interconnect network (LIN) bus and Controller Area Network (CAN) bus. The CAN bus dominate the global market owing to growth in internet of things (IoT) & connected car and growth of cloud computing technologies. In addition, based on application, market can be segregated as MCVs & HCVs, LCVs and passenger cars. Passenger car segment is anticipated to witness higher growth rate due to rise in demand for passenger cars in developing and developed countries during the forecast period.

Rise in demand for automotive components, followed by stringent safety regulations set by government for automotive industry, increase in body electronic functions in modern vehicles and rise in demand for advanced safety, comfort, and convenience features in vehicles are some major factors, which are responsible for growth of the body control module market. Apart from this, increase in complexity of module may impact the market. Moreover, increase in need for advanced driver assist features and rise in demand for electric & hybrid vehicles across the globe are leading opportunities for market.

Based on regional analysis, the Asia-Pacific is a leading region in “Global Body Control Module Market owing to high adoptive rate of new technology across the region. The North-America and Europe regions are estimated to exhibit substantial growth rate due to proactive government support for development of novel technology over the forecast period. It is projected that future of the global body control module market will be bright because of large-scale demand for passenger & heavy commercial vehicles and growth in production of automotive vehicles as well as inclusion of more numbers of electronic units during the forecast period.

For More Information, refer to below link:-

Global Body Control Module Market Forecast 2021-2027

Related Reports

Global Automotive Body Control Module Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

Body Control Module Market by Type (CAN and LIN), Vehicle Type (Passenger Car, Commercial Vehicle, and Electric Vehicle), and Application (Interior and Exterior): Global Opportunity Analysis and Industry Forecast, 2020-2027

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Ken Research

Ankur Gupta, Head Marketing & Communications

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Global Disposable Medical Device Sensors Market Predicted to Augment Owing to Significant Technological Advancements: Ken Research

Disposable medical device sensors are the portable scanning devices, which are majorly utilized for the patient observing and diagnosis of the syndromes. Such sensors are utilized to measures breathing rates, body temperature and heart rates. Disposable medical device sensors benefit in on-site patient observation and remote patient monitoring as they measure vital components likewise temperature, pulse rate, breathing rate, blood oxygenation level and several others. Such are used by countless by medical specialties comprising radiology, neurology, cardiology, ophthalmology and several others.

According to the report analysis, ‘Disposable Medical Device Sensor Market: Current Analysis and Forecast (2021-2027)states that the Market growth is greatly driven by growing concerns over hospital-acquired infections and contamination, the augmenting the incidence of target situations, the growing requirement for home-based medical care devices, proficient technological advancements during the last few years, and government assistance for R&D activities for these devices. The arrival of newer technologies such as Micro-Electro-Mechanical-Systems (MEMS) and Complementary Metal-Oxide-Semiconductor (CMOS) has underwritten to the growth of image sensors making it the fastest increasing segment obtaining the maximum CAGR during the review period.

Based on product type, disposable medical device sensors are sectored into strip sensors, Implantable sensors, invasive sensors, and ingestible sensors. The strip sensors segment registered for the greatest share of the market during 2020. The great share of this segment can be accredited to the extensive utilization of glucose test strips and infectious disease test strips and the growing prevalence of diabetes and several other infectious diseases around the globe. The prevalent adoption of these sensors in diagnostic applications owing to their wide-ranging benefits, such as cost-effectiveness, ease of use, non-infectious nature, and quicker results, also assistance market growth.

Based on sensor type, the medical device sensors market is classified into biosensors, accelerometers, temperature sensors, Pressure sensors. The biosensors segment registered for the largest share during 2020. The great share of this segment can be accredited to the wide utilization of these sensors in glucose test strips, infectious disease test strips, pregnancy test strips, drug and alcohol test strips, and unceasing blood glucose monitoring.

Based on application, the disposable medical device sensors market is sectored into patient monitoring, diagnostic testing, therapeutics, and imaging. The diagnostic testing sector accounted for the largest share during 2020. The great share of this application sector can principally be attributed to the growing incidence of lifestyle diseases around the globe. The prevalent usage of glucose test strips, infectious disease test strips, and pregnancy test strips in homes as well as in clinics is additional factor propelling the market growth.

Furthermore, market growth is principally driven by increasing concerns over hospital-acquired infections and contamination, the growing incidence of target conditions, the increasing demand for home-based medical care devices, proficient technological improvements in the last few years, and government assistance for R&D activities for such devices. The emerging markets in underdeveloped countries are also projected to deliver the growth opportunities for players in the disposable medical device sensors market.

For More Information, refer to below link:-

Global Disposable Medical Device Sensors Market

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Ken Research
Ankur Gupta, Head Marketing & Communications
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+91-9015378249

Decoding the landscape of International remittance Industry in Qatar: Ken Research

Qatar is home 2.8 Million population with more than 88% of population being expatriates from India, Nepal, Philippines, Bangladesh, Sri Lanka, Egypt and other countries. With an unemployment rate of less than 1%, expat population is employed majorly in construction, manufacturing, wholesale and retail trade and other industries. A poll opinion conducted by Ken Research indicated that ~55-60% of total expat population earns less than QAR 5,000 per month while only ~5-8% earned more than QAR 15,000 per month. These migrant workers send money back to their home, generally during the first and last week of month.

Moreover, migrant workers prefer to send money in a single transaction to avoid paying transaction charges multiple times. During 2019, the worldwide average remittance cost of sending USD 200 was around 7% while in Qatar it averaged around 4.5% to send USD 200 to India. The remittance fees has been decreasing steadily in Qatar since Q3 2017 yet is still higher than the sustainable development goal of 3% by 2030.

International remittance Market Size in Qatar

How is the competitive landscape in International Remittance Industry of Qatar?

Owing to high quantum of expat population working as blue collar workers in construction, mining and manufacturing sectors, exchange houses are preferred entity for remitting money. Al Dar for Exchange works, established in 2006, operates the highest number of 21 branches across Qatar. Further, top 5 exchange houses contribute ~50% to total industry size with players majorly competing on the basis of exchange rates, branch proximity, marketing campaigns, corridor specific quality services (same day credit, cash pickup) etc.

What is the future takeaway for industry players?

Given the backdrop of decrease in volume and value of outbound international remittance transactions, analysts at Ken Research expect a growth of ~9% during 2020-21 and CAGR of 3.5% in international remittance transaction value during 2020-25F. During this period, value of transactions is expected to peak in 2022 owing to expected arrival of more than 1.5 Million foreign travelers for FIFA World Cup 2022 event with strong focus on digitalization of services by leading players. The need of the hour is to re-assess the business strategy and strengthen technological capabilities aimed at offering hassle free, do-it-yourself experience to customers.

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Key Topics Covered in the Report

Overview of International Remittance Industry in Qatar (Statistics on Corridor wise Transaction volume and value)

Industry segmentation (By Type of Transfers, Type of Intermediary Operators, Corridor wise, Type of Source Entities)

Cross Comparison of Major Exchange houses on Operational and Financial Parameters (December 2020, June 2021)

Company Profile of Major Exchange Houses (Overview, Products and Services, USP, Business Strategies, Branch wise Operational Performance, Cumulative Financial Performance, Recent Developments)

Growth Drivers and Challenges to Qatar International Remittance Industry

Industry trends and developments

Rules and Regulations by Government Bodies

Impact of COVID-19 and Future Outlook of Industry

For More Information, refer to below link:-

International Remittance Market Growth in Qatar

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Qatar Auto Finance Market Outlook to 2023 –By Banks, Non-Banking Financial Companies and Captives, By New and Used Vehicles Financed, By Type of Vehicle Financed (Motor Bikes, Cars and Light Commercial Vehicles) and By Loan Time Period

UAE ATM Managed Services Market Outlook to 2024 – By Off-Site and On-Site ATMs and By Type of Service (Cash Management Services, ATM Maintenance Services and ATM Supply)

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Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

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Global Blood Purification Equipment Market Predicted to Propel by Favourable Government Regulations Concerning Blood Purification Equipment: Ken Research

Blood purification is an approach that comprises withdrawal of blood from patient’s body into a device or an equipment to eradicate impurities and pump it back into the body. As blood purification plays a proficient role in countless kidney and blood related disorders, the market is purportedly to witness a considerable growth throughout the forecast period. Improvements in dialysis and filtration approaches coupled with adsorption processes have positively impacted the implementation of these equipment in countless critical treatments. Blood purification devices majorly find their utilization in organ or renal failures, immune-metabolic disorders and plasmapheresis.

According to the report analysis, ‘Blood Purification Equipment Market: Current Analysis and Forecast (2021-2027)states that the Blood Purification Equipment market is predicted to observe robust growth owing to the augment in the prevalence of chronic kidney patients. FDA-Regulated blood purification medical equipment follows specifically documented processes and their performance increasing popularity for higher convenience and better clinical outcomes. Transplantation and dialysis are the favored treatment methods for End-Stage Renal Diseases which led to the initiation of the global blood purification Equipment Market. Blood purification devices may be operative at treating certain patients with COVID-19 by decreasing the various pathogens, cytokines, and several other inflammatory mediators. The small energetic proteins in the bloodstream that control a cell's immune rejoinder are filtering the blood and returning the filtered blood to the patient.

Based on Type, the Global Blood Purification Equipment Market is classified into Dialysis, CRRT, Hemoperfusion, and several others. Basic advancements in the dialysis system, from the membrane and the tubing system to the dialysis monitor, have laid the basis for this improvement. The understanding of underlying purification equipment and their settings in terms of optimum therapy has also led to the deduction of side effects that utilized to occur and therefore advanced the quality of life and decreased mortality. The dialysis segment controlled major share of the global blood purification equipment market during 2020.

In terms of application, the global blood purification equipment market has been segmented into sepsis, COVID-19, infectious diseases, acute kidney injury, and several others. The acute kidney injury segment is projected to lead the worldwide blood purification equipment market throughout the forecast duration.

Based on end user, the global blood purification equipment market has been classified into hospitals & clinics, dialysis centers, and several others. The clinics sector would display a proficient growth rate during the throughout period. Clinics are combined with cutting-edge medical devices & equipment. Utilizing the blood purification services, clinics can deliver the speedier patient recovery as such clinics follow international regulations. The individuals who are presently going through renal failures are commonly inclined towards blood purification from clinics that would propel the growth of the global market.

Region wise, the North America constitutes a foremost market for the hardware as a service industry and created revenue of USD XX million during 2020 due to the existence of well-established players in the region, such as growing geriatric population. A foremost segment of the geriatric population suffers from one or other types of chronic renal diseases that would function as a driver for the growth of the market. In addition, the growth of the regional market would be influenced by favourable government regulations concerning blood purification equipment.

For More Information, refer to below link:-

Global Blood Purification Equipment Market

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Ken Research
Ankur Gupta, Head Marketing & Communications
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Global Oxygen Conserving Devices Market Anticipated to Augment Owing to Increasing Incidences of Chronic Respiratory Diseases: Ken Research

An oxygen conserving device (OCD) controls the flow of oxygen from the oxygen source to the patient. The OCD releases oxygen only when the patient inhales, thus dramatically growing the amount of time a patient can utilize the oxygen supply. This proposes patients augmented mobility and comfort from circumventing the continuous flow of oxygen into the nostrils. Eventually, oxygen conserving devices look to make the oxygen therapy more proficient, more transferrable, and less intrusive.

According to the report analysis, ‘Oxygen Conserving Devices Market: Current Analysis and Forecast (2021-2027)states that countless advancements in oxygen conserving devices have taken place for making them contented and portable for the patients which are propelling the industry's growth. In addition, Inogen Inc., Chad Therapeutics, GCE Group, Precision Medical, Inc, DeVilbiss Healthcare, Medline Industries, Inc., GF Health Products, Inovo, Inc, Essex Industries, and Krober Medizintechnik are the key entities which recently operating in the oxygen conserving devices market more actively for obtaining the competitive edge, generating the high percentage of revenue, ruling around the globe, registering the great value of market share, keep maintaining the governing position and leading the highest market growth by establishing the several research and development programs, increasing the benefits and applications of oxygen conserving devices, implementing the policies and strategies of enlargement and profit making, improving the qualitative and quantitative measures of such, delivering the better consumer satisfaction, analysing the strategies and policies of government and similar competitors, spreading the awareness connected to the applications and features of oxygen conserving devices and employing the young and active personnel.

In addition, the pandemic has generated a huge requirement for oxygen conserving devices and, in that condition, countless countries and foremost key players have assisted these countries by delivering the oxygen supplies and funds. For example, Consumer goods giant Hindustan Unilever provided 4,000 oxygen concentrators to India to assistance meet the medical oxygen demand of home-bound patients and hospitals amid the devastating second wave of Covid-19.

Based on Product type, the market is classified into electronic oxygen conserver, pneumatic oxygen conserver, disposable oxygen conserver, and several others. The electronic oxygen conserver segment grasped the foremost market throughout 2020 as such products are structured for better patient flexibility and conserve O2 flow. It advances the efficiency of O2 delivery and is mostly recommended for patients with greater flow requirements.

Based on indication, the market is segmented into chronic bronchitis, emphysema, sleep apnea, and others. The chronic bronchitis segment is predicted to record proficient growth over the review period due to its high prevalence around the globe. Also, it is a very common COPD disease among the individuals of the U.S. according to the National Health Interview Survey 2019.

Based on end-user, the market is segmented into hospitals & clinics, home care settings, and others. The hospitals & clinics segment grabbed the foremost market during 2020 as hospitals have every type of infrastructure and facilities to treat chronic respiratory diseases such as COPD, Asthma, and Covid-19. These diseases demand oxygen conserving devices for the proper supply of oxygen to the patients. Region wise, the North America is predicted to constitutes a foremost market for oxygen conserving devices and generated the maximum revenue during 2020 owing to the growing occurrences of chronic respiratory diseases and the existence of primary companies with vigorous infrastructures.

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Global Oxygen Conserving Devices Market

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