Friday, November 26, 2021

UAE Fitness Services Market Outlook to 2025F: Ken Research

 The report titled UAE Fitness Services Market Outlook to 2025F (Second Edition) – Driven by increasing health concerns resulting in addition of number of health clubs and gyms in the country” provides a comprehensive analysis of the fitness industry of UAE. The report covers various aspects including the Market Size, Current Penetration, Total Number of Establishment, Total Number of Active Members, Direct Economic Impact and Indirect Economic Impact,  Socio  Economic Implications, Consumer Preferences and Trends Analysis, Technological Disruptions, Major Trends and Development, Government Initiatives and COVID Impact. The report concludes with market projections for future of the industry including forecasted industry size by revenue.


UAE Fitness Services Market

The fitness market in UAE has witnessed strong growth with a considerable expansion in the number of boutique and budget fitness centers directly contributing to the economy. Growing health conscious population, increasing disposable income, rising awareness regarding obesity and to overcome health issues such as diabetes, hypertension and cardiovascular diseases has been the major key factors which drives the demand for fitness services centers in UAE.

Analyzing the Direct Economic Impact of Fitness Industry in UAE

The UAE fitness Industry has expanded significantly over the last decade with several fitness centre chains securing a key market foothold across the country. It is characterized by a high proportion of part‐time employment with majority of staff employed on a casual or part‐time basis. Boutique and medium sized fitness centers dominate the sector, with more 70% of centers employing fewer than 15 people in 2020.

Commercial Gyms: The rise of female-only fitness centres, online fitness apps along with growth in boutique gyms are driving the commercial fitness market in the country. Disruptors, such as Gym Nation with their low-cost and big facilities along with aggregators, such as ClassPass offering classes in more than 140 gyms across the city for a set monthly fee instead of annual memberships is dramatically increasing member penetration

Hotels/Resorts: Majority of the Luxury Hotels and Resorts in the UAE have well-equipped gyms offering special memberships to the public. Hotels are also collaborating with fitness centres to provide special trainings thereby increasing member penetration and increasing employment.

Schools/Universities: 70%-80% of the Universities in UAE have well equipped gyms either on campus or hostel for the students who aspire for physical wellbeing thus promoting an active healthy lifestyle. Initiatives such as Dubai Fitness Challenge are also encouraging students to take part in activities and events

Residential Townships/Compounds: A number of large apartment buildings in the UAE have a fitness center on their premises following the trend of combining fitness and convenience. The closure of public gyms, fitness centers and clubs since COVID 19 has led to an astounding demand for residential/community gyms.

Assessment of the Indirect Economic Impact of Fitness Industry in UAE

The fitness market has a ripple effect on other sectors such as fitness equipment industry, construction, real estate, apparel and footwear and technology. With growing population and presence of huge number of expat population, UAE is the largest and potential markets for fitness equipment in the GCC region. It is based on imports from international players of various countries such as USA and China and distributed to various end users. Treadmill, Elliptical, Stationary Bike, Rowing Machine are the bestselling equipments.

Assessment the Socio-Economic Implications for Fitness Industry in UAE

UAE has been facing many healthcare challenges such as Diabetes and Obesity due to prevalence of unhealthy lifestyle with NCD’s accounting for 77% of all deaths in the country. Assuming a significant percentage of the population affected with lifestyle diseases goes to a fitness centre, the estimated savings in direct health care costs from UAE’s fitness centres is $9.8 Bn in a year. The largest component of this saving arises from the avoided costs of cardiovascular disease, which provides a saving of around $6.9 Mn in a year along with increase in workforce participation and increase in workforce productivity 28.3% and 45% respectively.

UAE Fitness Market Future Outlook and Projections

The fitness market in UAE is expected to experience double digit growth with employment level expected to rise substantially with the growth of fitness centres establishments along with increasing active members in the country. Growing interest in fitness among the middle class along with the rise of lower-cost alternatives such as Gym Nation, Metro Fitt, and Snap Fitness, is expected to disrupt the industry. Focus towards digital classes and offering group classes exercises which includes Pilates, Cross fits, Zumba, Aerobics, Martial Arts and many others will be key to success for independent gyms.

Key Segments Covered in UAE Fitness Market

Direct Economic Impact of Fitness Centres

Overview of Commercial Gyms in UAE Health and Fitness Market

Overview of Fitness Centres in Hotels and Resorts

Overview of Fitness Centres in Schools and Universities

Overview of Fitness Centres in Residential Townships/Compounds

Overview of Fitness Centres in Hospitals

Overview of Fitness Centres in Sports Clubs and Govt. Organizations

Indirect Economic Impact of Fitness Centres

UAE Fitness Equipment Industry Market Size

Evaluation of Premiumization on Real Estate Sector

Estimated Cost of Constructing a Fitness Centre

Technological Disruptions for Fitness Centres in UAE

Key Target Audience

Fitness Equipment Manufacturers

Fitness Equipment Distributors

Fitness Centres

Government Organizations

Time Period Captured in the Report:

Historical Period: 2015-2020

Forecast Period: 2020–2025

Key Topics Covered in the Report

Socio-Economic Landscape of UAE

Direct and Indirect Economic Impact of Fitness Industry in UAE

Overview of Commercial Gyms in UAE Health and Fitness Market

Snapshot of Digital Fitness Market in UAE

Assessment of the Indirect Economic Impact of Fitness Industry in UAE

UAE Fitness Equipment Industry Market Size

Evaluation of Premiumization on Real Estate Sector

Technological Disruptions for Fitness Centres in UAE

Assessment of the Indirect Economic Impact of Fitness Industry in UAE

Overview of Healthcare Scenario/Health Statistics

Potential Health Implications and Health Cost Reductions

Customer Mindset for Fitness Services

Impact of COVID 19 on Fitness Industry in the UAE

Future Outlook and Projections for UAE Fitness Services Market

White space and Opportunities existing in the UAE Fitness Services Market

Research Methodology

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

UAE Fitness Services Market

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United Arab Emirates Medical Devices Market Report: Ken Research

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The report titled “UAE Medical Device Market Outlook to 2025 – Driven by technological advancement, increase in the aging population and a rise in the prevalence of chronic diseases in the countryprovides a comprehensive analysis on the status of the medical device market in UAE. The report covers various aspects including the current market scenario in UAE, procurement and pricing trends, market potential of each medical device, major growth drivers, tech disruptions and innovations, and competitive benchmarking. The report concludes with market projections for future of the industry including forecasted industry size by revenue and business activity.

UAE Medical Device Market Overview and Size

UAE is the fourth largest medical device market in the Middle East and Africa region, growing @8.7% CAGR in 2015-2020. It is a highly price sensitive and import dependent market with advanced medical devices imported from countries such as US, Germany, Japan and China and local production limited to prototype units, spare parts and disposables such as surgical gloves, syringes, and needles. UAE’s increasing budget allocation for the healthcare sector and ongoing healthcare development projects has played a pivotal role in the continued growth.


UAE Medical Device Market Segmentation

By Procurement: Imports have accounted for majority of the revenue share in UAE Medical Device Market in 2020. The imports are largely related to more sophisticated medical and surgical instruments and infrastructure.

By Mode of Sales: Distributor Mediated Sales have accounted for majority of the revenue in UAE Medical Device Market in 2020. Majority of the international companies hire distributors in UAE through which it sells the medical devices to hospitals, diagnostic laboratories and other non-residential customers.

By Type of Medical Device: Medical Consumables have accounted for the largest revenue share in UAE Medical Devices market in 2020, followed by Diagnostic Imaging product and Respiratory Products with Public & private hospitals and diagnostic labs/clinics make up the larger end users for each segment/sub-segment of the industry.

By Type of Medical Consumables: Surgical Gloves and Masks, Syringes, Needles and Catheters and Intravenous IV Administration Sets contributed more than 50.0% revenue in 2020. The COVID-19 outbreak and increasing hospital admissions across the country have significantly increased the demand for medical disposables.

By Type of Diagnostic Imaging Product: CT Scans contributed the highest revenue share in 2020 followed by X Ray Based Products, Ultrasound and MRI. The CT Scan segment witnessed the fastest growth since they are one of the primary diagnostic tools for COVID-19 patients.

By Type of Cardiac Device: Angioplasty Device Angioplasty and CRM have accounted for the major share in the UAE medical device market in 2020. 6.5 mn people have at least one major risk factor for heart diseases driving the for the growth of cardiac device market.

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By Type of Respiratory Product: Oxygen Concentrators contributed highest revenue share in 2020. The UAE population has high risk of exposures to occupational and environmental factors that lead to illnesses such as asthma, chronic bronchitis and emphysema. Prevalence of asthma in UAE is 8.6% in male and 11.8% in female young adults 20-44 years.

By Type of Hospital Furniture: Hospital Beds with Mechanical Fittings and Dentists' Chairs contributed highest revenue share in 2020. Increasing number of hospitals and lifestyle diseases along with operations on morbidly obese patients increasing by more than 5,000 cases a year is driving growth.

By Type of Auxiliary Product: Hearing Aids have accounted for the major share in the UAE medical devices market in 2020. Increase in hearing loss (4% of people in UAE live with impaired hearing) is the main reason for the growth of hearing aids devices in the country.

By Type of Dental and Orthopedic Products: Orthopedic Appliances contributed the highest revenue in 2020. Oral implant surgery, products for sensitive teeth and gum are some of the major areas in dental care which led to demand of these equipment’s.

By End Users Hospitals along with Clinics and Diagnostic Lab Centers contributed highest to the market revenue in UAE Medical Devices Market in 2020. Consumer and provider attitudes toward telehealth have improved since the post-COVID-19 era.

Competitive Landscape in the UAE Medical Market

The competition scenario in UAE medical devices market is highly fragmented due to the presence of large number of international companies and local distributors leading to dilution of market share. The international companies distribute their products through authorized distributors located across the country. GE, Siemens, Philips, Hill-rom, Fresenius, Phonak, Stryker are the major companies operating in the UAE Medical Device market. Pharma trade, Gulf & world traders, Pure Health and Al Zahrawi are few top distributors in UAE. The major competitive parameters include product portfolio, price, and distribution network, pricing, after support services and marketing activities.

UAE Medical Device Market Outlook & Projections

The UAE medical device market is expected to generate ~ revenue in 2025, with imports contributing highest share to the market revenues. The creation of a world-class healthcare sector is a top priority for the UAE and the healthcare sector is expected to advance and expand significantly in the next few years which will support the growth of Medical Device Market in the country. The Healthcare expenditure in UAE is expected to rise from $15.5 Bn in 2019 to $ 29.2 Bn in 2029. Aging population along with increase in number of hospitals and clinics, increase in total healthcare expenditure by the government and increase in medical tourism in the country are going to impact the demand for medical devices in the positive manner.

Key Segments Covered: -

By Type of Business Activity

Import

Local Production

By Mode of Selling

Distributor Mediated

Direct Sales

By Type of Device

Medical Consumables

Diagnostic Imaging Products

Respiratory Products

Dental and Orthopedic Products

Cardiac Device

Hospital Furniture

Auxiliary Devices

Ophthalmic Devices

Dialysis Machine

Others

By Type of Medical Consumable

Indoor surgical Gloves and Masks

Syringes, Needles and Catheters

Intravenous Administration Set

Sutures and catgut

Infusion Pumps

Ostomy

Bandages, Dressings and Others

By Type of Diagnostic Imaging Product

CT Scan

X-ray Based Products

Ultrasound

MRI

Electro diagnostic apparatus (Functional Examination)

ECG

Others

By Type of Cardiac Device

Angioplasty Device

Cardiac Rhythm Management

ICD

Implants

Pacemakers

Heart-Lung Machines

Others

By Type of Respiratory Products

Oxygen Concentrator

Nebulizers

Humidifier

Ventilators

Airway Pressure devices

Others

By Type of Hospital Furniture

Hospital Beds with Mechanical Fittings and Dentists' Chairs

Operating Tables

Examination Tables

Medical, surgical, dental or veterinary furniture

Others

By Type of Auxiliary Product

Hearing Aids

Artificial body parts (excluding artificial teeth and joints)

Others

By Type of Dental and Orthopedic Products

Orthopedic Appliances

Artificial teeth and dental fittings

Dental appliances

Surgical Belts

Trusses

Crutches

Others

By Type of End-Users

Hospitals

Clinics

Labs and Others

By Type of Region

Dubai

Abu Dhabi

Ras Al Khaimah

Sharjah

Others

Companies Covered

  1. Braun

Becton Dickinson (BD)

Boston Scientific

Canon

Dräger

Fresenius Medical Care

Fujifilm

GE Healthcare

Getinge

Hitachi

Johnson & Johnson

Medtronic

Nihon Kohden

Philips HealthTech

Siemens Healthineers

Smith & Nephew

Stryker

Zimmer Biomet

Cochlear

Oticon

Starkey

Widex

Hill-Rom Holdings Inc.

Invacare Corporation

Paramount Bed Holdings

Key Target Audience

Medical Device Manufacturers

Medical Device Distributors

Medical Device Importers

Research organizations and consulting companies

Government bodies such as regulating authorities and policy makers

Market research and Consulting firms

Time Period Captured in the Report: -

Historical Period – 2015-2020

Forecast Period –2020-2025F

Key Topics Covered in the Report

Executive Summary

Overview of UAE Healthcare System

UAE Medical Device Market Introduction and Overview

Industry Life Cycle and Value Chain of UAE Medical Device Market

Key Market Drivers in the UAE Medical Device Market

Demand & Supply Side Ecosystem, Preferences & Trends across UAE Medical Device Market

UAE Medical Device Market Size by Revenue

UAE Medical Device Market by Type of Devices and Sub Segments

UAE Medical Device Market by End Users

UAE Medical Device Market by Regions (Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain)

Competitive Factors and Assessment in UAE Medical Device Market

Market Trends and Development

Market Issues and Challenges

Government Rules and Regulations

UAE Medical Device Market Future Outlook

Upcoming Technologies in the Medical Device Market

Analyst Recommendations

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

UAE Medical Device Market Growth Rate

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Global Intelligent Cash Counter Market 2021– Recent Trends, Size, Share, Geographical Outlook, Business Opportunities and Forecast to 2027: Ken Research

The global Intelligent Cash Counter market was valued at 2108.56 Million USD in 2020 and will grow with a CAGR of 2.23% from 2020 to 2027, based on HNY Research newly published report. The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography (North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A cash counter is a device designed to accurately count a quantity of banknotes. Additionally, it can check the cash damaged or counterfeit notes. Intelligent cash counter is a device that have more functions included: Computerized counting, adding batch creating capabilities, automatic Start, automatic detection half-notes and double-notes, automatic detecting UV (ultraviolet) MG (magnetic), suitable for most currencies in the world. At present, in the foreign industrial developed countries the Intelligent Cash Counter Market is generally at a more advanced level, the world's large enterprises are mainly concentrated in the United States, Japan and China. Meanwhile, foreign companies have more mature equipment, strong R & D capability, the technical level is in a leading position. But foreign companies' manufacturing cost is relatively high, compared with china's companies, the manufacturing cost has disadvantage. As the China's Intelligent Cash Counter manufacturers production technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increases too.

By Market Verdors:

Company A

Company B

By Types:

Bank-grade

Businesses

By Applications:

Bank

Grocers

Convenience stores

Druggists

Departmental stores

Sports stadiums

Gas Stations

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Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

For More Information, refer to below link:-

Global Intelligent Cash Counter Market Research Report

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Thursday, November 25, 2021

UAE Used Car and Auto Classified Market Size and Research 2021, CAGR Status, Growth Analysis by Countries, Development Factors, Business Updates and Strategies till 2027: Ken Research

UAE Used Car and Auto Classified Market Outlook to 2025 ( Second Edition ) - Driven by Growing Expat population and increased Awareness on health and hygiene due to covid-19.

UAE used car market revenue stood at AED ~XX Billion in CY’20 and recorded a CAGR of XX% during CY’15-CY’20. The market is fragmented with various players operating in the used car sales channel specifically dealership networks, online marketplace player, and classified platforms. As of 2020, there are more than XX number of dealers in the market and approximately ~XX number of online portals dealing in used cars.

Consumers increasing awareness on health and hygiene due to the onset of COVID-19 has led to the surge in the demand of used cars as they are preferring to avail private transportation medium rather than public transport system. Weaker economic sentiment as a result of COVID-19, initially impacted the market due to supply chain disruption, however it has also fueled the growth prospect of the market as the preference of consumers is shifting towards purchasing affordable pre-owned vehicles rather than spending hefty sums on new cars.

Large number of expatriate population in UAE coupled with shifting preference towards private vehicle ownership would act as major growth drivers for the used car market in coming years. Along with that export prospect of used cars from this region will contribute to the optimistic growth outlook for the market in future.

Competitor’s in UAE Used Car Market competes on various parameters such as price, presence of digital platform, value added services such as warranty & financing options, brand awareness, retail space, and sourcing of cars among others.

Major dealership network present in UAE used car market realm are Al-Naboodah, Arabian Automobiles and Al-Tayer Motors among others. Online marketplace player includes Al-Futtaim, Cars24, Alba Trading etc. On the other hand classified companies include Dubizzle, Dubicars, Yalla Motor and Carmudi among others.

By Type of Car, 2020

The UAE used car market can be segmented on the basis of type of car that consumers prefer. It has been estimated that SUV remains the top choice of customers as of CY’20. Market share, average ticket size and sales volume has been estimated for each segment.

By Type of Manufacturer, 2020

In the used car segment in UAE, Japanese, German, Korean, and American manufactured cars are the most popular among customers. Variety of determinants such as resale value, affordability and condition of the car among others plays a pivotal role in customer’s perception towards these brands.

The report also presents an insight on major automobile companies with sold used cars brand in UAE. Toyota, Lexus and Nissan remains the top used car brand choice among customers.

By Region, 2020

The UAE used car market is further classified on the basis of sales volume in different regions. Used car sales in Dubai has been historically among the highest in comparison to other regions of UAE.

By Sales Chanel on the basis of Sales Volume and Transaction Value, 2020

In recent times as the ecosystem is getting more organized with the integration of number of players, online marketplace and dealership platforms became the major platforms for the sales of used cars rather than conventionally dominant sale of used cars through car repair shops and garages. As of CY’20 it is estimated that online marketplace players contribute up to XX% of the overall sales of used cars in UAE.  This is due to their multi-brand option approach which helps the customer in choosing from a wide range of used car brands rather than specific sales of brands which is offered by a dealership platforms.

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Export and Re-Export of Used and New Cars by Value, 2015-2020

With respect to used cars, the re-export and export are primarily carried out to the Middle East, Africa, Latin American and South East Asia. Majority of the dealers export only left-hand drive used vehicles as UAE has strict laws against steering wheel modifications. This essentially leaves out the Indian sub-continent from the market.

Export industry of used cars in UAE is not a significant as the import and re-export due to the lack of indigenous manufacturers. The size of the export industry of stands at XX billion AED in 2015. This number has grown over the last five years, reaching a value of XX billion AED in 2020.

The total value of re-export of used cars increased from XX billion AED in 2015 to XX billion AED in 2018. However, the value of re-export has decreased in the subsequent years to XX billion AED in 2020. The impact of COVID-19 affected the trading sector as well, which is reflected by the XX% drop in 2020 numbers.

The UAE used car market is fragmented with multiple players operating in the ecosystem, thereby, making the market share of these players well segregated. Dealers, online marketplace and classified platforms are the major sales channel available for a consumer willing to buy a pre-owned vehicle in UAE. These players compete on the basis of price offered, digital presence and value-added services among others. As of CY’20, there are more than XX dealership operating in the ecosystem and ~XX number of online portals dealing in used cars.

The players in the used car market compete on the basis of price, value added services, digital presence, technical know-how, brand awareness, retail space, demographic diversification and sourcing of cars.

For More Information, refer to below link:-

UAE Used Car and Auto Classified Market Growth

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Global Automated Fare Collection System Market Industry Trends, Analysis, Share, Market Size, Application Analysis, Growth Rate And Forecast 2021-2027

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The global automated fare collection system market is projected to grow at a compound annual growth rate (CAGR) of 9% during the forecast period 2021-2027, according to the new report published by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into ‘Global Automated Fare Collection System Market 2021-2027. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, company share of market leaders, growth rate and market segments.

The automated fare collection system market is segmented on the basis of application, technology platform, component, and region. The automated fare collection system market is segmented as below:

By Application:

- Bus

- Car Rental

- Toll

- Train

- Others

By Technology Platform:

- Near Field Communication (NFC)

- Optical Character Recognition (OCR)

- Smart Card

- Others

By Component:

- Hardware

- Software

By Region:

- Asia-Pacific

- Europe

- North America

- Middle East and Africa (MEA)

- South America

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The automated fare collection system industry is characterized by a high level of market share concentration. The market research report covers the analysis of key stake holders of the automated fare collection system market. Some of the leading players profiled in the report include ATOS SE, Cubic Transportation Systems, Inc., dormakaba Holding AG, Lecip Holdings Corporation, LG CNS, NXP Semiconductors N.V., Omron Corporation, Thales Group, among others.

Historical & Forecast Period

This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report

- To analyze and forecast the market size of the global automated fare collection system market.

- To classify and forecast the ‘Global Automated Fare Collection System Market based on application, technology platform, component, and region.

- To identify drivers and challenges for the global automated fare collection system market.

- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global automated fare collection system market.

- To conduct pricing analysis for the global automated fare collection system market.

- To identify and analyse the profile of leading players operating in the global automated fare collection system market.

For More Information, refer to below link:-

Global Automated Fare Collection System Market Forecast 2021-2027

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Advancements In The Technology Of Bioprocessing Systems Fuelled The Global Single-Use Bioprocessing Market Outlook: Ken Research

Single-use systems are generally made up of the plastics which are being mostly sanitized and vacuum-packed using gamma radioactivity. Also, it is said that the single-use systems are bioprocessing products which are being generally used for a single time purpose and then discarded. But, problems for such as extracting and disposing of plastic bags generally provide the environmental harm. Some of the major factors that are restricting the growth of the single-use bioprocessing market include the wastage of disposal of single-use plastics in the market.

According to the report analysis, ‘Single-Use Bioprocessing Market: Current Analysis and Forecast (2021-2027)’ states that some of the major players operating in the market include Thermo Fisher Scientific, Inc., Merck KGaA, Sartorius AG, Corning Incorporated, Pall Corporation, General Electric Company (GE Healthcare), Eppendorf AG, Rentschler Biopharma SE, Lonza, and Meissner Filtration Products, Inc, and many more which have been covered in the report at the various level with multiple cross comparisons and product and services offered along with partnerships which have been commenced by these players to enhance their existence in different regions.

Furthermore, report also covers comprehensive information about the market which is further segmented on the basis of product, application, and end users. The report on Single-Use Bioprocessing market is further segmented by product (Media Bags and Containers, Filtration Assemblies, Single-Use Bioreactors, Disposable Mixers, and others), by End-User (Life Science R&D and Biopharmaceutical Manufacturers), and Application (Filtration, Storage, Cell Culture, Mixing, and Purification).

Moreover, some of the major factors which have influenced the market demand of the single use bioprocessing market include growing popularity of disposables in biopharmaceutical manufacturing; rising instances of chronic illnesses leading to the need for organic cure, inexpensive throwaway products and tools, and emerging life science research substructure positively impacts the global single-use growth bioprocessing systems market. Also, the growing statistics of acquisitions and joint ventures plus quick introduction of novel products are some of the major factors that have significantly impacted the trends of this global single-use bioprocessing systems market.

The Single-Use Bioprocessing market is being further analysed on the basis of regional split followed by the country split including North America (United States, Canada, and Other region of North America), Europe (France, Germany, United Kingdom Italy, Spain, and Other regions of Europe), Asia-Pacific (China, India, Australia, Japan, and other regions of APAC), and other part of the World.  Therefore, North America constitutes a major market for the Single-Use Bioprocessing industry and generated significant revenue in 2020 owing to the high R&D expenditure, the presence of large-scale manufacturing components, rising acceptance of disposables, growing healthcare spending, along with the existence of well-established healthcare arrangement.

In the near future, it is projected that the Global Single-Use Bioprocessing Market will expand significantly with a double digit CAGR during the period 2021-2027F. The global single use bioprocessing market is anticipated to observe an enhancement on account of growing demand for biopharmaceuticals coupled with the high energy efficiency, along with the emerging new players offering attractive products & services worldwide. Also, with the rising acceptance of paper-bags and containers in transportation & storage, and chromatography columns in course of improvement.

For More Information, refer to below link:-

Global Single-Use Bioprocessing Market

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Increasing Prevalence of Diabetes Among the Population Driving Global Smart Insulin Pens Market Outlook: Ken Research

In the recent times, demand for the insulin pens has been augmented extensively in this majorly due to the upsurge in prevalence of diabetes among the patients along with the cost effectiveness when it is being equated to insulin pumps. Smart insulin pens offer numerous aids as equated to other insulin equipment have. As they are comparatively easy to use when compared with the injections and are being convenient in nature which can be easily taken-up even outside home as well. In addition, the pen allows dialling the dose accurately, which helps the people with vision problems to administer insulin easily.

According to the report analysis, ‘Smart Insulin Pens Market: Current Analysis and Forecast (2021-2027)’ states that some of the major players operating in the market include Novo nordisk, companion medical, Eli Lilly and Company, companion Medical, Ypsomed holding AG, DIAMESCO, Emperra GmbH, F. Hoffmann-La Roche AG, Insulet Corporation, Jiangsu Delfu medical device Co., Medtronics, and many more which have been covered in the report at the various level with multiple cross comparisons and product and services offered along with partnerships which have been commenced by these players to enhance their existence in different regions.

In addition to this, report also covers comprehensive information about the market which is further segmented on the basis of type, usability, distribution channel and end users. The report on Smart Insulin Pens market is further segmented by Types (First Generation and Second-Generation devices), by Usability (Pre-filled, and Reusable), by Distribution Channel (Hospital Pharmacy, Online Sales, Retail Pharmacy, and Diabetes Clinics/Centres), and End User (Hospital, Ambulatory Surgery Centres, and Homecare Settings). Moreover, some of the major factors which driving the market positively includes increasing prevalence of diabetes among the population, rising government initiatives and widening margins of healthcare spending are some of the major factors which have considerably impacted the demand of smart insulin pens. However, strict government rules, policies and extended monotonous sanction process, absence of healthcare structure and inaccessibility to resources which can provide support to the Research and development work in country’s which are still under developed leads to restrict the development of smart insulin pens market.

The market adoption of the Single Pair Ethernet market is analysed based on its worldwide penetration in the countries namely North America (United States, Canada, and Other region of North America), Europe (France, Germany, United Kingdom Italy, Spain, and Other regions of Europe), Asia-Pacific (China, India, Australia, Japan, and other regions of APAC), and other part of the World.

North America constitutes a major market for the Smart Insulin Pens industry owing to the high prevalence for diabetes. The North American and Caribbean region spent some billion dollars on health care for people with diabetes in the year 2019. In the near future, it is anticipated that the smart insulin pens market will increase at a significant CAGR during the period 2021 – 2027 majorly due to easy portability and wireless connectivity coupled with the surge in the number of patients suffering from diabetes across the world.

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Global Smart Insulin Pens Market

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Global Electric Truck Market Industry Trends, Analysis, Share, Market Size, Application Analysis, Growth Rate And Forecast 2021-2027

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The global electric truck market is projected to grow at a compound annual growth rate (CAGR) of 32.3% during the forecast period 2021-2027, according to the new report published by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into ‘Global Electric Truck Market 2021-2027. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, company share of market leaders, growth rate and market segments.

The electric truck market is segmented on the basis of propulsion, vehicle type, range, and region. The electric truck market is segmented as below:

By Propulsion:

- Battery Electric Truck

- Fuel-Cell Electric Truck

- Hybrid Electric Truck

- Plug-In Hybrid Electric Truck

By Vehicle Type:

- Heavy-Duty Electric Truck

- Light-Duty Electric Truck

- Medium-Duty Electric Truck

By Range:

- 0-150 miles

- 151-300 miles

- 300 miles above

By Region:

- Asia-Pacific

- Europe

- North America

- Middle East and Africa (MEA)

- South America

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The electric truck industry is characterized by a high level of market share concentration. The market research report covers the analysis of key stake holders of the electric truck market. Some of the leading players profiled in the report include AB Volvo, BYD Company Ltd., Daimler AG, Dongfeng Motor Group Co., Ltd., Man SE, Scania AB, Tesla, Inc., among others.

Historical & Forecast Period

This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report

- To analyze and forecast the market size of the global electric truck market.

- To classify and forecast the global electric truck market based on propulsion, vehicle type, range, and region.

- To identify drivers and challenges for the ‘Global Electric Truck Market.

- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global electric truck market.

- To conduct pricing analysis for the global electric truck market.

- To identify and analyze the profile of leading players operating in the global electric truck market.

For More Information, refer to below link:-

Global Electric Truck Market Revenue 2021-2027

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Global Platform Screen Door System Market Size 2021 COVID-19 Impact Analysis by Business Opportunities, and Future Outlook till 2027

 

The global platform screen door system market is projected to grow at a compound annual growth rate (CAGR) of 4.4% during the forecast period 2021-2027, according to the new report published by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into ‘Global Platform Screen Door System Market 2021-2027'. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, company share of market leaders, growth rate and market segments.

The platform screen door system market is segmented on the basis of product, application, and region. The platform screen door system market is segmented as below:

By Product:

- Full Height

- Half Height

- Semi Height

By Application:

- Airport

- Bus Stop

- Metro

By Region:

- Asia-Pacific

- Europe

- North America

- Middle East and Africa (MEA)

- South America

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The platform screen door system industry is characterized by a high level of market share concentration. The market research report covers the analysis of key stake holders of the Global Platform Screen Door System Market. Some of the leading players profiled in the report include Fangda Intelligent Innovation Technology Co., Ltd., Gilgen Door Systems AG, Manusa, Panasonic Corporation, Wabtec Corporation, Westinghouse Electric Corporation, among others.

Historical & Forecast Period

This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report

- To analyze and forecast the market size of the ‘Global Platform Screen Door System Market.

- To classify and forecast the global platform screen door system market based on product, application, and region.

- To identify drivers and challenges for the global platform screen door system market.

- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global platform screen door system market.

- To conduct pricing analysis for the global platform screen door system market.

- To identify and analyze the profile of leading players operating in the global platform screen door system market.

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Global Platform Screen Door System Market Sales

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Global Limonene Market is predicted to Augment Owing to Increasing Requirement of Limonene in Various Industry: Ken Research

 The limonene is a colourless liquid hydrocarbon with lemons such as fragrance and exist in the essential oil of citrus fruits likewise lemon essential oil, orange oil and several others. Limonene is majorly utilized as the flavor and fragrance additive in the end-use industry.

According to the report analysis, ‘Global Limonene Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)’ states that Florachem, Citrosuco, Agroterenas Citrus, Firmenich, Tropfruit, Lemon Concentrate, Sucorrico, Florida Chemical Company, Citrus Oleo, Ernesto Vents and many more are the key entities which recently functioning in the global limonene market more proficiently for leading the highest market growth, obtaining the competitive edge, generating the high percentage of revenue, keep maintaining the governing position, and ruling around the globe. Additionally, the key entities in the market are proficiently focusing on establishing the several research and development programs, implementing the policies and strategies of enlargement and profit making, improving the qualitative and quantitative measures of such, analysing the strategies and policies of government as well as similar entities and increasing the benefits and applications of limonene.


The effective growth in requirement for bio-based solvents and its application utilization function as the foremost propelling the requirement for limonene in the global market. The effective growth in usage of limonene in supplement followed by beverage is predicted to propel the growth of limonene in the worldwide market.

The proficient augment in application from end-user industries such as Pharmaceuticals Industry, Food Additives, Daily Chemicals Products, Chemical Industry, and several others. Speedy transformation in food processing industry towards incorporating natural ingredients in products will deliver the substantial booms up the food additives limonene market.

Region wise, the North America is predicted to holds a proficient market share in global limonene market. The United States is the greatest producer of citrus fruit around the world. Limonene and its derived products are utilized in countless personal care products. Augmented in requirement for natural ingredients in cosmetics and preferences towards the bio-degradable product will propel requirement of limonene during the coming years.  Asia Pacific is projected to observe robust growth in the throughout the forecast period. Moreover, with growing awareness among consumers, it is expected that the requirement for limonene market is predicted to grow over the review period.

Furthermore, in the global terpene market, the requirement of limonene is growing at a high growth rate in homecare, food and beverage and pharmaceutical industry. The requirement is also augmenting as the replacement of petroleum-based paints due to its biodegradability and low VOC emission.

Limonene has citrus aroma due to the fact that it is extracted from the peels of citrus fruit majorly oranges. Meanwhile, in the food and beverage industry, countless companies are contributing in research and development to add limonene in their food products where it is not being utilized currently. Presently, researchers have tested for its operation as a crystallizing agent in chocolates. Therefore, in the near years, it is predicted that the market of limonene will increase around the globe more actively over the near future.

For More Information, Click on the Link Below:-

Global Limonene Industry

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Global Limonene Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

Global Limonene Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

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