China Sports Equipment Market Regional Analysis — Ken Research

 Driven by the booming enthusiasm for country-level and international tournaments and the increasing popularity of sports and fitness activities, the Sports Equipment Market in China is increasing.     

Leading manufacturer of sporting goods: China's leading sports goods and equipment manufacturers are among the world's largest providers in the fitness sector. They create, manufacture, and distribute a wide range of white/private label or original design manufacturing (ODM) items and bespoke products (OEM) for the world's most well-known Western companies. In 2016, China was also the largest provider of sports supplies and equipment to Europe, accounting for over 38% of the union's imports. In 2022, the United States imported around $27 Bn in athletic goods from Chinese vendors.

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Consumers’ enthusiasm for sports is on rise: Up to 60% of the world's sports equipment is manufactured in China. Many corporations have sourced from the nation due to reduced labor and production expenses. There are around 80 exercise equipment firms and 500 sports goods-related factories in Xiamen alone. Furthermore, the physical environment and consumers’ enthusiasm for sports in China has driven many investments in sporting facilities by domestic and international rights holders.

International Standardisation for sporting equipment:  The China Sporting Goods Federation and the International Standards Organization Technical Committee in Sports and Leisure Facilities (ISO/TC 83) decided to work together, thus changing China's sports products and service standards into international standards and executing ISO-related international standards activities at the China Sports exhibition. It provided a comprehensive introduction to the German Standardization Association's work direction and made further ideas on the task of standardization of Chinese athletic products.

Design flaws and Quality issues: The production of sports equipment in China is a complex process that requires meticulous planning, as well as technical know-how to reduce lead and order times. Many companies underestimate this effort, and as a result, the mass-produced sports equipment ends up with design flaws, quality issues, or unnecessary product development costs. Moreover, complications commonly arise if clients have no local presence in China because they can’t physically assess the suppliers and make sure they follow the project timeframe. Thus, disrupted supply chains, wrong product specifications, and other setbacks are not immediately detected that take a lot of time to fix. Furthermore, quality issues in sports equipment can lead to accidents and injuries, therefore strict quality control is crucial in this industry and proper product testing is required to assess potential hazards.

Analysts at Ken Research in their latest publication “China Sports Equipment Market Outlook to 2027F - China Sports Equipment Market Outlook To 2027F- By Type (Ball Sports, Adventure Sports, Fitness and Golf Equipment), By Distribution Channel (Specialty and Sports Shops, Department/Discount Stores, Online, Other) and by Region” observed the potential of the Sports Equipment Market in China. The increasing popularity of sports and fitness activities, the rising disposable income of consumers, the growing demand for technologically advanced and innovative products, and the proliferation of online retail channels along with government incentives are expected to contribute to the market growth over the forecast period. The China Sports Equipment Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered

China Sports equipment Market:

• By Type:
• Ball Sports
• Adventure Sports
• Fitness Equipment
• Golf Equipment
• Other
• By Distribution Channel:
• Specialty and Sports Shops
• Department and Discount Stores
• Online Retails
• Other
• By Region:
• North China
• Northeast China
• East China, South China
• Central China
• Southwest China
• Northwest China

Key Target Audience

• Sports Equipment Companies
• Sports Equipment Manufacturers
• Sport retailers
• New market entrance
• Industrial Associations
• Government Bodies
• International Sports Companies
• Channel Partners

Time Period Captured in the Report:

• Historical Year: 2017-2022
• Base Year: 2022
• Forecast Period: 2022– 2027F

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 Companies Covered:

• Nike China
• Anta Sports
• Adidas China
• Li-Ning
• Xtep
• FILA
• Intersport
• Decathlon
• Puma
• Kappa
• Mizuno
• ERKE
• 361
• Taishan Sports Industry Group Co.Ltd
• Bestway
• WeihaiGuangwei (Group) Co., Ltd.
• Doublefish
• DHS-Sports

Key Topics Covered in the Report

• Market Overview and Genesis of China Sports Equipment Market
• Business Cycle and Timeline of China Sports Equipment Market
• Market Size Analysis of China Sports Equipment Market, 2017-2022
• Segmentation of China Sports Equipment Market, 2022 (by type, By distribution channel, By Region)
• SWOT Analysis of the China Sports Equipment Market
• Regulation in China’s Sports Equipment Industry
• Challenges and Bottlenecks in China Sports Equipment Market
• Trends and Developments in China’s Sports Equipment Industry
• COVID Impact on the China Sports Equipment
• Competition Framework of China Sports Equipment Market
• Future Market Size Analysis of China Sports Equipment Market, 2022-2027F
• Future Market Segmentation Analysis of China Sports Equipment Market, 2027F
• Case Study
• Analyst Recommendations

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China Sports Equipment Market

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India Sports Equipment Market Outlook to FY'2018 

Germany LED Lights Industry Research Report — Ken Research

 Due to the significant shift in demand for LED technology with improved features and usage, the need for outdoor LED lighting has historically experienced moderate growth. This is anticipated to accelerate the market's growth throughout the forecast period.

Dominance of Lamps: The lamp accounted for the largest share in 2021. The rising demand for A-type and T-type lamps in residential and commercial sectors helped the lamps segment acquire a significant share of the market throughout the period. The rising demand for advanced lamps such as MR-16 lamps and reflector lamps, especially in retail applications such as small stores, retail shops, and malls, is also expected to help the segment retain dominance.

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Expanding Commercial Sector: The expansion of the local IT and automotive sectors has contributed to the success of Germany's commercial and industrial sector. Additionally, the area has largely recovered from the financial crisis of 2008, and the majority of its affected industries have been seeing consistent development over the years. Since the aforementioned financial crisis, the region's office vacancy rates dropped to their lowest levels in 2021. Over the course of the forecast period, favourable business circumstances and expanding individual economies are anticipated to boost demand for LED lighting in the area.

Favorable Government Role: Government and electricity supply providers worked together to provide commercial businesses with discounted LED lighting. Such partnerships are anticipated to further promote the adoption of LED lighting solutions in the enterprise sector because LED lighting significantly reduces electricity and maintenance costs when compared to conventional technologies like gas discharge lights, incandescent lights, and compact fluorescent lights.

Analysts at Ken Research in their latest publication “Germany LED Market Outlook to 2027F - by End Users (Commercial, Retail, Hospitality, Industrial), Product Type (Lamps and Luminaires), Distribution Channel (Direct Sales, Wholesale).” observed that Germany LED Market is expected to showcase considerable growth in the coming five years. It is anticipated to grow more quickly in the next years owing to the growing consumer awareness about the environment, the durability of these lights and the government mandates for energy efficiency. The LED market in Germany is expected to grow at ~% CAGR over the forecasted

Key Segments Covered in the report

• By End Users

• Commercial Offices
• Retail
• Hospitality
• Industrial
• By Product Type
• Lamps
• Luminaires
• By Distribution Channels
• Direct Sale
• Wholesale

Key Target Audience

• Existing LED Lighting Manufacturers in Germany
• New Market Entrants- Domestic OEMs
• New Market Entrants- Foreign OEMs
• Real Estate Companies
• Government Bodies
• Investors & Venture Capital Firms
• Lighting Equipment Manufacturers and Importers
• LED Lighting Retail Chains
• Lighting Equipment Distributors
• Lighting Equipment Associations

Time Period Captured in the Report:

• Historical Period: 2017-2022P
• Base Period: 2022P
• Forecast Period: 2022P-2027F

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Companies Covered:

• Eglo
• Ledvance
• Bega
• Eaton
• Dialight
• ShineLong
• MBN PROLED

Key Topics Covered in the Report

• Germany LED Market Overview
• Germany LED Market Segmentation
• Ecosystem and Business Cycle of Germany LED Market
• Market Share of Major Players in Germany LED Market
• Competition Scenario of Germany LED Market
• Industry Analysis of Germany LED Market
• Value Chain of Germany LED Market

• Key Growth Drivers in Germany LED Market
• End User Analysis of Germany LED Market
• Key Challenges of Germany LED Market

• SWOT Analysis of Germany LED Industry
• Future Outlook of Germany LED Market
• Trends and Development of Germany LED Market
• Analyst Recommendations
• Research Methodology

For more insights on the market intelligence, refer to the link below:-

Germany LED Lights Market

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Data Center and Cloud Services Market Size Thailand — Ken Research

 Focus on technology, functionality, security and network connectivity are major factor contributing towards development of Data Center and Cloud Services in Thailand

Geographic Location and Sustainability: Thailand has geo-political balance and suitable geography that can accommodate various routes of submarine cable (8 with 2 under construction). With huge investments in EEC corridor, a greater number of Data Centers are expected with rising end-use industries development. Whereas, many industries are gradually ‘going green’, including green finance, green transportation powered by EVs and green hotel standards.

Streaming Services and Government Initiatives: The rising emphasis on remote work has encouraged people to opt for various streaming platforms and OTTs such a Netflix, Prime, Apple TV, among others that has led to increase in data consumption. Furthermore, Thailand’s government also launched the “4.0 drive” initiative to move Thailand up the economic value chain and the user is further investment in various sectors such as AI, Agri-tech, manufacturing, among others.

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Network Coverage and Pandemic Boost: Thailand has the world’s 2nd fastest average download speed for fixed broadband access. There are currently 10 international internet gateways, 11 internet exchange points, and more than 200 Internet Service Providers, which will enable Thailand to be the Data Center and Cloud Services hub in ASEAN region in near future. Also, there has been an increase in the spending on public cloud services in the country as organizations focus on using cloud services to facilitate remote working after the pandemic situation.

Lack of Trained Resources and Lower No. Data Centers: The largest strength in Thailand's IT business, including data centers and the cloud services industry, is network connectivity, yet there is a severe workforce deficit in the whole IT industry. However, the biggest issue in the business is the lack of experienced workers with experience managing data centers. Additionally, with the exception of Singapore, the data center market in Southeast Asia is still in its adolescent-growth stage. This also many SEA countries such as India Philippines, Thailand and other as the number of Data Centers on average is comparatively less.

Analysts at Ken Research in their latest publication “Thailand Data Center and Cloud Services Market Outlook to 2027- Driven by rapid adoption to Digitalization, Strong Governments Initiatives and Huge Investments in the region” observed that Data Center and Cloud Service Market in Thailand is at growing stage. The sustainability, high density demand, tech savvy population with government initiatives is expected to contribute to the market growth over the forecast period. The data center and cloud service market are expected to grow at an 8.8% and 21.0% CAGR respectively during 2022-2027.

Thailand Super nap GWS Market Capture

INET Cloud Thailand Market Share

Thailand UIH-HM Cloud Income

Key Segments Covered in the report:

Thailand Data Center and Cloud Services Market

Thailand Data Center Market Segmentation:

• By Type of Data Center Facilities:
• Co-Location
• Managed
• Hyperscale
• By Type of Co-Location
• Wholesale
• Retail
• By End-User Data Center
• BFSI
• Government
• E-Commerce
• IT & Telecom
• Others
• By Region basis Number of Data Centers
• Bangkok
• Chon Buri
• Nonthaburi
• Others

Thailand Cloud Services Market Segmentations:

• By type of Cloud Service
• Infrastructure as a Service (IaaS)
• Software as a Service (SaaS)
• Platform as a Service (PaaS)
• By type of End-Users
• SME and BFSI
• E-Commerce, Retail and Logistics
• Media, Entertainment and Gaming
• Government
• Others
• By Clients-Cloud
• Domestic Clients
• Global Clients

Key Target Audience:

• Data Center Industry
• Cloud Services Industry
• Data Center Manufacturing Companies
• Data Center Operators
• Cloud Services Operators
• Co-Location Providers
• Uptime ranking association
• Telecom Industry
• IT/ITes Industry
• Government Sector
• Retail Sector
• Transport and Logistics Companies

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Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027

Companies Covered:

Thailand Data Center Companies

• NT Data Centers
• AIS-CSL
• INET
• True IDC
• NTT Thailand
• TCC Technology
• Super nap
• Pacific Internet
• AIMS
• ST Telemedia
• Etix Everywhere
• UIH
• Jastel Network
• Proen IDC
• Bridge Data Centers
• Kirz Co.

Thailand Cloud Services Providers

• AWS
• Azure
• Google
• Huawei
• Alibaba
• Tencent
• VMware
• Thai Data Cloud
• NT-IRIS Cloud
• AIS Business Cloud
• True IDC Cloud
• NTT Thailand
• Super nap GWS
• INET Cloud
• UIH-HM Cloud

Key Topics Covered in the Report:

• Regional Analysis of DC Market
• Thailand Data Center Market Overview and Segmentation
• Industry Analysis of Thailand Data Center Market
• Competition Framework of Thailand Data Center Market
• Future Outlook of Thailand Data Center Market
• Thailand Cloud Services Market Overview and Segmentation
• Industry Analysis of Thailand Cloud Services Market
• Competition Framework of Thailand Data Center Market
• Future Outlook of Thailand Cloud Services Market
• Case Study Analysis, Market Opportunities and Analyst Recommendations

For more insights on the market intelligence, refer to the link below:-

Thailand Data Center and Cloud Services Logistics Market Share

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Used Car Industry Research Report Australia — Ken Research

 1. The Australia Used Car Market witnessed a robust growth as a result of increased market supply and a shift towards organized and transparent trade.

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Australia Used Car Market is currently in its growing phase and registered a CAGR of 21.8% in the period of 2016-2021. Due to supply chain problems for new vehicles and Australians selling their cars after a year or two in order to upgrade, the market for used vehicles is increasing. Fast increasing disposable income per household, greater supply in the market, and a move towards organized and transparent trade will drive the used-car market. The market growth is further supported by manufacturers investments in expanding the network of used cars dealers, building the brand and enabling customers to choose this option.

2. Used to new car ratio is representative of the maturity of the pre-owned car industry. This ratio has held steady between 2019-2020, which signifies the beginning of a new era in the pre-owned car market.

Entry level used cars are perceived to be safer than two-wheelers. Hence there is a shift towards used car buying, resulting in greater customer pull for the demand of used cars in Australia. With rising income levels, there is also a lower ownership cycle now - people upgrade or change cars faster than ever before. Due to the impact of COVID-19, there has been a substantial decrease in the denominator while the numerator, i.e. the pre-owned car market, has been relatively stable.

The primary factor driving the expansion of the used car industry is the lack of original manufacturing facilities, importation of all automobiles, and lack of an assembling facility in Australia. As a result, people choose to buy used cars solely, making it difficult to balance supply and demand. Used to new car sale is rising as used vehicle models have lots of the latest technologies that large families can easily accommodate and enjoy good features & new technology at relatively low rates compared to the new vehicles.

3. The Un-organized sector dominates the Used Car Market in Australia.

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Un-organized sector dominates the overall market share, driven by awareness about buying and selling used cars through online advertisements. The awareness about buying and selling used cars has increased through online advertisements and publicity. Independent dealers have major influence on the market due to large presence across the country. These dealers are increasing their online presence by listing their inventory on their own website/Facebook account or platforms, thereby attracting customers.

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Australia Used Car Market

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India Social E-Commerce Market Research Report — Ken Research

 1. The trend towards avoidance of public transportation after COVID 19 and digitization of used vehicle sales/purchases will lead to higher demand for used two-wheelers in India.

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The advent of COVID-19 positively reinforced customers to avail digital medium for their daily purchases due to the restrictions on physical movements imposed. Revenue generated by social e-commerce market grew by 143% Y-o-Y in between FY’20 and FY’21.Coupled with that, “Digital India” initiative launched by the government of India in FY’15 to ensure improvement in online infrastructure and citizens digital literacy is contributing in the adaptation to social e-commerce platforms. One of the major determinant of the surging growth of social e-commerce market is attributed to the digital boom, backed by higher internet and smartphone penetration rate in India.

2. Women consumers contributed to the highest share of 66% on the basis of overall revenue generated by the social e-commerce market in India in FY’22.

The user base of social commerce platforms were vastly different from other online platforms such as Amazon and Flipkart as of FY’22. The target customer base for these social commerce platforms are majorly women from Tier 2 and Tier 3 cities.

Therefore, on the basis of gender, women consumers contributed to the highest revenue share of more than 60% in FY’22 from sales of products on social commerce platforms. Whereas, sales of products to male consumers through social e-commerce platforms only constituted ~35% share of the overall revenue generated by the industry in FY’22.

3. Integration of various domestic start-ups in the ecosystem coupled with government’s “Digital India” initiative is contributing in enhancing the demand of availing social commerce platforms.

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Realizing the massive potential of the social e-commerce market which is currently in the nascent phase, various home grown start-ups have ventured in the social commerce business to capitalize on this opportunity as of FY’22. Integration of these start-ups in the ecosystem opens up avenue for the sellers especially from Tier 2 and Tier 3 cities. Domestic start-ups could provide the required support to these sellers to transition in the digital world and offer unique customer insights.

In addition to this, the advent of COVID-19 positively reinforced customers to avail digital medium for their daily purchases due to the restrictions on physical movements imposed. Coupled with that, government strategy such as “Digital India” initiative along with increasing internet and smartphone penetration rate, which stood at 47% and 66% respectively in FY’22, are serving as the major catalysts for the adaptation of social e-commerce ecosystem by the consumers.

With the growing popularity of social commerce, international social media platforms such as Facebook have initiated the process of innovating and implementing new features to make it convenient for sellers and buyers to interact in order to integrate the social e-commerce space by utilizing their large customer base.

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India Social E-Commerce Market

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Singapore Used Car Market Business Opportunity — Ken Research

 1. Singapore sustains 1^st rank in Asia in the World Bank's Ease of Doing Business index 2020, ranked 2^nd globally

In 2020, Singapore ranked 2nd out of 190 countries in the World Bank’s Ease of Doing Business Index. The country has maintained its second position for four consecutive years. In the Global Competitiveness Index ranking, Singapore stood in 5th position in 2021, down from 1st the year before on the basis of unfavorable geography. Presence of high investment and R&D expenditure. Automobile manufacturers are focusing on connected and autonomous driving vehicles to play a significant role over the coming years. Automobile companies in Singapore benefit from high exports to other countries. Being one of Asia’s primary hubs for wealth management and investments and home to one of the largest foreign exchange trading centers, Singapore fosters entrepreneurship.

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2. Social Media Platform is Widely Used for Used Car Sales as it Offers Free Ads for Dealers and Customers

Car dealers use blogs to generate traffic to their website from search engine results pages. They often put-up educational content related to cars maintenance, help guides, knowledge material in order to create a brand presence. Unlike online portals and market places, social media provides an opportunity to dealers to advertise their cars for free. This platform is also used by individuals involved in C2C purchases.

Also, major dealerships use this platform to announce promotional offers and local events. Partnership with online platforms to supply used cars to customers. Online portals follow lead generation process, sellers list cars and company facilitate the overall transaction of acquiring the vehicle. Other Services include providing car valuation and quality checks.

3. Age, Brand, Price Influence the buying decision of customers in Singapore’s Used Car Market

Consumers generally do not prefer to buy cars that more than 4-5 years old. They are willing to pay higher prices for newer cars.

Japanese cars are preferred to Continental cars due to longer durability and lower prices. Toyota and Honda are the most preferred brands in the country. Luxury brands are in demand. Difference between a luxury new car and a luxury used car is about 50%.

Buyers are looking for cheaper cars when buying pre-owned vehicles. Lower OMV value leads to lower ARF as it is a percentage of the same.

15,000 Km- 17,000 Km is considered best for the car. The mileage of the car along with the age of the vehicle, together affect the buying decision.

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4. Singapore Used Car Buyers Protected by the Lemon Law Against Car Defects For 6 Months From Purchase

• The Lemon Law protects consumers against defects of goods purchased within 6 months. Consumer can take action against the dealer if the good does not meet performance, safety and quality standards specified in sales contract at the time of purchase.
• The Standard Vehicle Assessment Report (SVTA) members perform 54 visual, road-test and equipment checks for the used car.
• When a fault is reported within 6 months, the dealer is legally bound to resolve the issue. If the repairs are not completed within a reasonable time period, the car buyer is entitled to a full or partial refund.
• The law does not cover wear and tear items. Consumer to Consumer transactions do not benefit from the lemon law. If a car is bought from a direct dealer or consignment dealer that will not be covered. If a defect was highlighted before in the (SVTA) vehicle report, then lemon law does not apply.

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Singapore Used Car Market

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Emerging Players in India Crypto Exchange Market — Ken Research

 

1. Indian Crypto Exchange Market expanded at a robust rate, fueled by demonetization, access to the internet, and during & post-COVID investment surge.    

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Between 2016 and 2021, the Indian crypto exchange market grew significantly, with a massive increase in the adoption of cryptocurrencies as a mode of investment due to rising industry valuations, an influx of new investors, and the emergence of crypto exchange startups that went beyond the typical crypto exchange model. In the Indian market, cryptocurrency as a cross-border payment medium will make a significant difference. It would drive the prosperity of digital currency growth in India for a long time due to high remittance demand. Because cross-border transactions are often expensive, utilizing bitcoin or other cryptocurrencies as a cross-border payment medium allows Indians to save a significant amount of money on remittance costs. The increased acceptance of cryptocurrencies following COVID-19 is also helping to boost the crypto exchange business by growing its user base.

2. Awareness about Virtual Currencies, with the shift to the P2P model and visualization of cryptocurrencies as a mode of investment is the major contributor to the crypto exchange market in India.        

Indians began to seek alternative currency models by 2018 post demonetization in 2016. Many Indians, especially those in the 40 percent bracket with access to the internet began to take up Bitcoin and other cryptocurrency investments. Even, before the union budget for the fiscal year 2022-23, where a 30% tax is levied on cryptocurrencies, virtual currencies were seen as the assets where more tax could be saved than the usual investments done where a higher rate of tax is charged. Also, rapid urbanization in the region complements the demographic change as consumers are shifting to urban cities for better job opportunities.

Moreover, increasing the financial stability of consumers leads them in availing better access to education which helps them to understand a better and clearer version of the cryptocurrency market. Furthermore, constant hindrances from the government, either publishing a circular for preventive measures against cryptocurrency trading or rolling out a circular regarding the ban of all private cryptocurrencies created a dilemma scenario in the mind of traders for regular transaction methods hence they shifted to the peer-to-peer model.

3. Government of India played a major role in the wild journey of the crypto exchange market from forming a committee to draft laws to RBI’s constants warnings regarding the risk associated.

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An inter-ministerial committee under the chairmanship of Subhash Chandra Garg, Secretary of the Department of Economic Affairs, was constituted to draft the regulatory framework for cryptocurrencies. Additionally, India’s “Department of Revenue has been actively involved in the working papers being developed by the FATF on various issues (such as virtual currency, and proliferation financing) which will act as guidance for the member countries.

Moreover, the Financial Action Task Force (FATF), a global standard-setting body created to combat money laundering and terrorist financing, told the G20 recently that it is updating policies on crypto regulation which will be presented at the G20 summit. In addition to several warnings about the risk of investing in cryptocurrencies, the RBI issued a circular on April 6 2018 prohibiting regulated entities from dealing in cryptocurrencies or providing “services for facilitating any person or entity in dealing with or settling” cryptocurrencies.

4. Though India is booming as a hub for cryptocurrencies, there are several issues associated with it such as Operational risks, Cyber risks, and Governance risks

Cyber risks include high-profile cases of hacking-related thefts of customer funds. Such attacks take place on centralized elements of the ecosystem (for example, wallets and exchanges) but can also arise on the consensus algorithms that underpin the operation of blockchains. Other risks include operational risks that can result in significant downtime when failures and disruptions prevent the use of services and even result in large losses of customer funds. Such risks have coincided with periods of high transaction activity and can result from poorly designed systems and controls. For example, on May 19, when liquidations of leveraged positions peaked, major exchanges reported outages, citing “network congestion.” Moreover, as of 2021, there was no proper regulatory framework for cryptocurrencies in India and also the circular by RBI to ban all digital currencies led to investors’ loss as they are afraid of trading their money.

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Indian Crypto Exchange Market

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Kuwait Fitness Service Market Technology Trends – Ken Research

 Ecosystem of Fitness Service Market in Kuwait

Kuwait Fitness Service Market is at growing stage and has fragmented market with many organized and unorganized players in market. Players are competing against each other on the basis of packages, number and type of equipment, service portfolio, fee’s structure. Al Corniche, Fitness First, Flex fitness, Circuit Plus, Palms Beach Club are few leading organized players.

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Key Findings

• Digital Fitness and At- Home workouts will gain traction in the near future as majority of the population intend to make virtual classes a regular part of their routine post pandemic.

• Fitness operators have an enormous opportunity to capture an ever-increasing segment of the population who are exercising or considering doing so.

The advent of integrated exercise services: Profitability associated with fitness services in Kuwait is highly correlated with multiple factors such as improving the effectiveness of fitness services provided, cost reduction related to equipment procurement, customer retention, and using the most up-to-date gym equipment, among others. Furthermore, the advent of integrated exercise services such as Yoga, Pilates, and Swimming will play a significant role in the income increase of the fitness industry in Kuwait.

Significant Rise after Covid: Despite being confined to their homes, exercise aficionados did not let their ambitions for improving their health go. Many people are inspired to create a home exercise regimen that can go beyond requirements for social distance. Specialized gyms and fitness studios start to become more and more well-liked as hectic lifestyles reduced the amount of time available for workouts.

Ladies Fitness Center and Services Diversification: Opening up of ladies dedicated gyms with female professional trainers to guide woman's pursuing exercises has created new segment and increased the female memberships in the country. The market growth would be facilitated by the increase in number of value-added services like Pilates, Zumba, Martial Arts, Spa, Jacuzzi, salon, aqua aerobics, yoga & others.

Analysts at Ken Research in their latest publication “Kuwait Fitness Service Market Outlook to 2027F- Segmented by Market Structure (Organized and Unorganized), By Revenue Stream (Membership, Personal Trainer and Supplementary Services), By Subscription (3 months, 6 months, 1 year and others), By Gender (Male and Female), By Age (Below 18 years, 19 to 30 years, 31 to 60 years and above 60 years),  By Income Group and By Region” observed that Fitness Service Market in Kuwait is at growing stage. The consumer preferences, online fitness services, female participation and healthy lifestyle with government initiatives are expected to contribute to the market growth over the forecast period. The market is expected to grow at an ~% CAGR during 2022-2027F.

Key Segments Covered in the report:

Kuwait Fitness Service Market

• By Market Structure:
• Organized
• Unorganized
• By Revenue Stream:
• Membership
• Personal Trainer
• Supplementary Services
• By Subscription:
• 3 months
• 6 months
• 1 year
• Others

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• By Gender:
• Male
• Female
• By Income Group:
• Below KWD 38,000
• KWD 38,000 to KWD 94,000
• KWD 94,000 to SAR 150,000
• Above KWD 150,000

• By Region:
• Northern Region
• Southern Region
• Western Region
• Eastern Region
• Central Region

Key Target Audience:

• Fitness Equipment Manufacturers
• Fitness Equipment Distributors
• Fitness Centres
• Government Organizations

Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027F

Companies Covered:

• Fitness First
• Flex Fitness
• Spark Athletic Centre
• Flare Fitness
• Al Corniche
• Palms Beach Club
• C-Club
• Platinum Health Club
• Peak Fitness
• Desert Fitness
• Circuit Plus
• Orange Theory Fitness
• Studio X
• Hero Gym
• Steam Gym
• Trim Club
• Hype Gym
• Physique
• Alta Fitness
• Vie Fitness Studio
• 207 Fitness Studio
• Hiltonia
• Gold's Gym

Key Topics Covered in the Report:

• Kuwait Fitness Service Market Introduction
• Kuwait Fitness Service Market Size, 2017-2022
• Kuwait Fitness Service Market Segmentation, 2022
• Growth Driver and Issues in Kuwait Fitness Service Market
• SWOT Analysis and Trends in Kuwait Fitness Service Market
• Snapshot of Personal Training in Kuwait Fitness Service Market, 2022
• Company Profiles of Major Players
• Future Outlook to Kuwait Fitness Service Market
• Analyst Recommendations

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Kuwait Fitness Service Market

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Egypt Fitness Services Market Outlook to 2025F

Algeria Fitness Services Market Outlook to 2025F

Morocco Fitness Services Market Outlook to 2025F 

Used Car Market Future Outlook Egypt — Ken Research

 1. The Egypt Used Car Market witnessed a sharp growth rate in terms of Used Car Market Revenue with higher number of user’s decision to buy used cars. 

Egypt Used Car Market is currently in its growing phase and registered a CAGR of 5.9% in the period of 2016-2021. Buyer’s decision to buy used car has been positively affected due to several reasons such as the ease of resale and ease of maintenance and availability of spare parts at reasonable prices on the other. The market growth is further supported by manufacturers’ investments in expanding the network of used cars dealers, building the brand and enabling customers to choose this option. Use of advanced technologies such as AI to valuate car online by looking at the pictures only, 360-degree view of the interiors of the car, etc., has been taken into use to enhance digital experience of consumers.

2. 3 in 4 consumers prefer to buy used car due to several factors, including the cost of license, the decline in car’s value once they are licensed, affordable maintenance and low price of spare parts, etc.

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Consumers buy a new car every three to four years, while others prefer to buy used cars to avoid paying licensing costs for new models. On an average, Egyptians use ~3 used cars on a purchase of 1 new car as new cars are currently facing a shortage in supply, due to the agents changing their import policy on the back of the economic fallout of the COVID-19 pandemic. Used to new car sale is rising as used vehicle models have lots of the latest technologies that large families can easily accommodate and enjoy good features & new technology at relatively low rates compared to the new vehicles.

3. The Un-organized sector dominates the Used Car Market in Egypt.

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Un-organized sector commands the lion’s share in overall market. The awareness about buying and selling used cars has increased through online advertisements and publicity in Egypt. Independent dealers have major influence on the market due to their large presence across the country. These dealers are increasing their online presence by listing their inventory on their own websites and Facebook accounts or platforms, thereby attracting customers.

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Kuwait Fitness Service Market Research Report — Ken Research

 Focus on growing health and fitness consciousness, increasing obesity and lifestyle are major factor contributing towards development of Fitness Service Services in Kuwait

Evolution of Consumer Preferences: Catalyzed by the pandemic, awareness of exercise has increased rapidly with consumers shifting towards virtual classes such as using pre-recorded video and livestream classes to carry out their exercises. Leading tech-giants are collaborating with market leaders in the fitness industry to foray into the market as consumers are inclined toward digital fitness subscriptions than traditional gym memberships.

Increase in the healthy lifestyle: As the country's obesity rate rises, adult health consciousness rises, women's demand for fitness services rises, and there are more foreign fitness brands operating in Kuwait, the market for fitness services has expanded. The market is now growing and has a strong chance of expanding quickly in the future. Additionally, Kuwait is seeing an increase in tech-enabled high-end fitness solutions, which are frequently supported by cult followings and solid social media profiles.

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Unorganized fitness centers are on the rise: The majority of Kuwait's total revenue from fitness services has been earned by the unorganized sector. The organized sector, which consists of different organizations including men's gyms, women's gyms, mixed gyms, and CrossFit engaged in offering a variety of fitness services, has contributed the remaining market share. Because it is less expensive and more straightforward to start up an unorganized fitness center than an organized one, unstructured centers have been better able to take advantage of this opportunity and enter the fitness business.

Lack of experienced, and skilled trainers: The country's conservative culture and disregard for female fitness provide a significant barrier for Kuwait's fitness services sector. Other obstacles in Kuwait's fitness service business include the country's extremely fragmented market, a lack of qualified and experienced trainers, and a high startup cost for establishing a facility.

Analysts at Ken Research in their latest publication “Kuwait Fitness Service Market Outlook to 2027F- Segmented by Market Structure (Organized and Unorganized), By Revenue Stream (Membership, Personal Trainer and Supplementary Services), By Subscription (3 months, 6 months, 1 year and others), By Gender (Male and Female), By Age (Below 18 years, 19 to 30 years, 31 to 60 years and above 60 years),  By Income Group and By Region” observed that Fitness Service Market in Kuwait is at growing stage. The consumer preferences, online fitness services, female participation and healthy lifestyle with government initiatives are expected to contribute to the market growth over the forecast period. The market is expected to grow at an ~% CAGR during 2022-2027F.

Key Segments Covered in the report:

Kuwait Fitness Service Market

• By Market Structure:
• Organized
• Unorganized
• By Revenue Stream:
• Membership
• Personal Trainer
• Supplementary Services
• By Subscription:
• 3 months
• 6 months
• 1 year
• Others
  
• By Gender:
• Male
• Female
• By Income Group:
• Below KWD 38,000
• KWD 38,000 to KWD 94,000
• KWD 94,000 to SAR 150,000
• Above KWD 150,000
• By Region:
• Northern Region
• Southern Region
• Western Region
• Eastern Region
• Central Region

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Key Target Audience:

• Fitness Equipment Manufacturers
• Fitness Equipment Distributors
• Fitness Centres
• Government Organizations

Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027F

Companies Covered:

• Fitness First
• Flex Fitness
• Spark Athletic Center
• Flare Fitness
• Al Corniche
• Palms Beach Club
• C-Club
• Platinum Health Club
• Peak Fitness
• Desert Fitness
• Circuit Plus
• Orange Theory Fitness
• Studio X
• Hero Gym
• Steam Gym
• Trim Club
• Hype Gym
• Physique
• Alta Fitness
• Vie Fitness Studio
• 20 7 Fitness Studio
• Hiltonia
• Gold's Gym

Key Topics Covered in the Report:

• Kuwait Fitness Service Market Introduction
• Kuwait Fitness Service Market Size, 2017-2022
• Kuwait Fitness Service Market Segmentation, 2022
• Growth Driver and Issues in Kuwait Fitness Service Market
• SWOT Analysis and Trends in Kuwait Fitness Service Market
• Snapshot of Personal Training in Kuwait Fitness Service Market, 2022
• Company Profiles of Major Players
• Future Outlook to Kuwait Fitness Service Market
• Analyst Recommendations

Related Reports By Ken Research:

Egypt Fitness Services Market Outlook to 2025F

Algeria Fitness Services Market Outlook to 2025F

Morocco Fitness Services Market Outlook to 2025F

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Kuwait Fitness Service Market

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Australia Corporate Training Blended Learning Market — Ken Research

 Ecosystem of Corporate Training Market in Australia

Australia Corporate Training Market is at growing stage and has moderately fragmented market with more than 70 players in market. Spectra Training and Leadership Management are the top players in the market. Players are competing against each other on the basis of price, post training support, brand value, clientele, trainer’s qualifications, customizations and value-added services.

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Key Findings

• Companies in Australia have already to shift from the traditional classroom training to the digital training set-up. Changing working style is expected to drive the employee training demand.
• Corporate training is intended to enrich the professional skill set of employees through activities and lessons, and help them improve their work performance, resulting in organizational productivity.
• Increasing use of technology will also boost the market, with latest device and mobile learning are some of the next generation technologies which will help the market to grow.

Utilization of AI in Corporate Training: Artificial intelligence is making inroads into corporate training solutions. Service providers rely on bots to guide learners through the software. Integrating artificial intelligence with an LMS for corporate training will help predict learner behavior, allowing the programme to generate personalized learning patterns. Voice-guided bots are being used in the corporate training ecosystem to ensure an interactive learning experience. The shift to micro learning is also assisting with these AI-based training solutions. This pattern will significantly increase people's average retention capacity, driving demand.

Government Initiatives: Government bodies are taking a variety of initiatives which will promote the incorporation of modernized learning tools such as LMS in training programme of institutions and businesses in order to increase efficiency among students and employees. UNESCO's post-2015 development agenda emphasized the importance of open educational materials in ensuring student literacy and development. Along with educational materials, there was a need for a platform to house all of the teachers' instructional content, student assignments and feedback, and course collection. LMS proved to be an effective platform for meeting a variety of end-user requirements.

Analysts at Ken Research in their latest publication ““Australia Corporate Training Market Outlook to 2027F- Segmented by industrial vertical (IT, Telecom, BFSI, FMCG, Automotive, Manufacturing and Healthcare), by deployment (On-Site and Off-Site), by designation of employee (managerial, non-managerial and integrated), by mode of learning (instructor led classroom only, blended learning, virtual classroom, online or computer-based methods and mobile and social learning” observed that Corporate Training Market in Australia is at growing stage. The AI based learning, cost-effective e-learning training, mobile-based training and the emergence of IoT along with government initiatives are expected to contribute to the market growth over the forecast period. The market is expected to grow at an ~% CAGR during 2022-2027F.

Key Segments Covered in the report:

Australia Corporate Training Market

• By Industry Verticals
• IT/ITES
• Telecom
• BFSI
• FMCG/Retail
• Automobile
• Manufacturing
• Healthcare
• By Types Of Training Services
• Technical
• Leadership
• Managerial
• Sales
• Customer Management
• Quality Training
• Technical Training
• Soft Skills
• Brand Training
• By Deployment
• On-Site
• Off-Site
• By Designation Of Employee
• Managerial
• Non-Managerial
• Integrated
• By Mode Of Learning
• Instructor Led Classroom Only
• Blended Learning
• Virtual Classroom
• Online or Computer Based Methods
• Mobile and Social Learning

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Key Target Audience:

• Corporate Training Companies
• Ed-tech Companies
• Self-Based Learning Platforms Companies
• Freelance Trainers
• Industry/Corporate Coach
• Contractual Professional Trainers
• Industry Veterans
• IT Solutions and Support Companies
• Top UG/PG Private Universities
• Retired Experienced Faculties

Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027F

Companies Covered:

• The Dream Collective
• Sonder
• Language Trainers Australia
• Fast Track Computer Solutions
• Tradies Accelerator
• Saasguru
• Sandler Training
• DDLS
• BSI Learning
• Work Smart
• Train west
• Training Services Australia

Key Topics Covered in the Report:

• Australia Corporate Training Market Overview
• Supply Scenario & Decision-Making Parameters
• Business and Investment Models Australia Corporate Training Market
• Australia Corporate Training Market Size
• Australia Corporate Training Market Segmentation
• SWOT Analysis and Issues of Australia Corporate Training Market
• Porters Five Forces Analysis and Growth Driver in Australia Corporate Training Market
• Competition Landscape in Australia Corporate Training Market
• Analyst Recommendations

For more information on the research reports, refer to below link:

Related Reports By Ken Research:

India Corporate Training Market Outlook to 2027 (Third Edition)

India Executive Education Market Outlook to FY’2027

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Australia Corporate Training Education Market

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Cold Chain Market Research Report Qatar — Ken Research

 1. The Qatar Cold Chain Market witnessed a growth in the last few years.

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The Qatar Cold Chain Market is in the growth stage and is heading towards saturation amongst competitors with established International and Domestic players operating and expanding in Qatar. The market is highly concentrated in places like free zones. The cold chain operators in Qatar offer a plethora of services under one roof, including packaging, labeling, batch separation, film-stretch application and palletizing. However, many manufacturers are hesitant to sign multi-year contract with a single 3PL cold storage provider. Whereas, they want to renegotiate contracts or find more value-added services with other companies.

2. Meat and seafood dominate the Qatar Cold Chain Market.

Meat and seafood hold majority of the market revenue share at ~35% in 2021, closely followed by dairy products. Apart from lifestyle, people's trust in frozen food is getting higher. The frozen food sales have gained traction primarily due to the expansion of modern retail outlets across the country. The pharmaceutical industry saw a boost post-Covid. Consumption of fruits and vegetables increased due to growing health concerns in the country. The use of e-commerce has grown so much in the last few years, pandemic accelerated online activities and businesses’ shifted to digital operations.

3. The Cold Storage Segment saw a huge rise in terms of revenue in Qatar.

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The Qatar Cold Storage Market saw a CAGR of 5.2% in the period of 2016-2021P. Adoption of warehouse automation is gaining traction. More and more warehouses are making space for technologies such as automated storage and retrieval systems for speeding order deliveries and implementing social distancing. Warehouses are trying to increase their capacity post-COVID for a variety of reasons such as increased Inventory on-hand, meeting increased demand. This additional capacity might be spread out in smaller or more local or decentralized warehouses.

Grocery was one of the fastest growing e-commerce sector during the COVID times.   Hence, warehouses are trying to increase their cold storage capacity to adopt to this change in online shopping pattern. In the wake of COVID, warehouses are looking to implement scalable processes to manage unpredictable demand.  Using a combination of material handling technologies and software solutions, warehouses are trying to deploy flexible order picking strategies to easily handle peaks or valleys in demand.

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Australia Corporate Training Market Research Report — Ken Research

 Focus on investment on digitalization, work from home trainings and technological developments are major factor contributing towards development of Corporate Training Market in Australia.

Rise of Video Based Learning: Video-based e-learning has quickly became one of the most useful forms of education. The use of videos in the learning process, both uploaded and streamed, is a result of advances in high-speed internet networks. Learning techniques are enhanced by video-based learning. Furthermore, video-based learning allows the user to watch the video at any time and from any location, and students can rewind, save, and re-watch the content at their leisure. The expansion of wireless network connectivity has assisted the expansion of e-learning software.

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Low running cost and better information on capital investment decision: To ensure workforce efficiency, an increasing number of organizations in Australia has modernized their training environment by incorporating e-learning tools. Learning management systems, which provide all of the requirements for successful training practice management, such as performance management, administration, and content management, as well as the delivery of distinct and customized courses for employees, complement these solutions. As a result, people's attention is shifting to online learning platforms, which is helping the LMS market grow.

Complex Functioning: There are different types of training institutes for different qualifications. Corporate clients are more inclined to choose institutes recommended by third‑party intermediaries and training institutes rarely have the chance to have direct dialogue. Training institutes tend to be more passive and can only convey their opinions to clients through intermediaries, so they may not be able to truly understand clients’ real needs.

Budgetary Concerns Limiting Corporate Training: The main barrier to the growth of the corporate training market is cost. Regardless of its use in a variety of industries. Corporate training solutions, on the other hand, are frequently prohibitively expensive to deploy. Corporate training is available at a high cost, so demand is limited to a small segment of the market. Internal training solutions, which are highly customized and less expensive option, will limit the corporate training market.

Analysts at Ken Research in their latest publication ““Australia Corporate Training Market Outlook to 2027F- Segmented by industrial vertical (IT, Telecom, BFSI, FMCG, Automotive, Manufacturing and Healthcare), by deployment (On-Site and Off-Site), by designation of employee (managerial, non-managerial and integrated), by mode of learning (instructor led classroom only, blended learning, virtual classroom, online or computer-based methods and mobile and social learning” observed that Corporate Training Market in Australia is at growing stage. The AI based learning, cost-effective e-learning training, mobile-based training and the emergence of IoT along with government initiatives are expected to contribute to the market growth over the forecast period. The market is expected to grow at an ~% CAGR during 2022-2027F.

Key Segments Covered in the report:

Australia Corporate Training Market

• By Industry Verticals
• IT/ITES
• Telecom
• BFSI
• FMCG/Retail
• Automobile
• Manufacturing
• Healthcare
• By Types Of Training Services
• Technical
• Leadership
• Managerial
• Sales
• Customer Management
• Quality Training
• Technical Training
• Soft Skills
• Brand Training
• By Deployment
• On-Site
• Off-Site
• By Designation Of Employee
• Managerial
• Non-Managerial
• Integrated
• By Mode Of Learning
• Instructor Led Classroom Only
• Blended Learning
• Virtual Classroom
• Online or Computer Based Methods
• Mobile and Social Learning

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Key Target Audience:

• Corporate Training Companies
• Ed-tech Companies
• Self-Based Learning Platforms Companies
• Freelance Trainers
• Industry/Corporate Coach
• Contractual Professional Trainers
• Industry Veterans
• IT Solutions and Support Companies
• Top UG/PG Private Universities
• Retired Experienced Faculties
  

Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027F

Companies Covered:

• The Dream Collective
• Sonder
• Language Trainers Australia
• Fast Track Computer Solutions
• Tradies Accelerator
• Saasguru
• Sandler Training
• DDLS
• BSI Learning
• Work Smart
• Train west
• Training Services Australia

Key Topics Covered in the Report:

• Australia Corporate Training Market Overview
• Supply Scenario & Decision-Making Parameters
• Business and Investment Models Australia Corporate Training Market
• Australia Corporate Training Market Size
• Australia Corporate Training Market Segmentation
• SWOT Analysis and Issues of Australia Corporate Training Market
• Porters Five Forces Analysis and Growth Driver in Australia Corporate Training Market
• Competition Landscape in Australia Corporate Training Market
• Analyst Recommendations

For more information on the research reports, refer to below link:

Related Reports By Ken Research:

India Corporate Training Market Outlook to 2027 (Third Edition)

India Executive Education Market Outlook to FY’2027

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Australia Corporate Training Education Market

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Growth and Expansion of Regenerative Medicine Market — Ken Research

 Global Regenerative Medicine Market by Application

The Global Regenerative Medicine market is segmented by Application into Dermatology, Musculoskeletal, Wound Healing, Oncology, Cardiovascular, Ophthalmolog, Other.

The oncology segment held the largest market in 2021, owing to the rising incidence of cancer worldwide. Oncology cures cancer using medication such as chemotherapy, immunotherapy, and targeted therapy.

In September 2022, Celltrion USA, a biopharmaceutical company, receives U.S. FDA approval for its oncology biosimilar Vegzelma for the treatment of six types of cancer.

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Competition Scenario In Global Regenerative Medicine Market

The global Regenerative Medicine market is highly competitive with ~200 players which include globally diversified players, and regional players as well as a significant number of country-niche players having their niche in regenerative medicine testing and surgeries for severe diseases, infections, and wounds.

Regional players held the largest market share by type. While large global players control about 20% of the market share by type. Some of the major players in the market include Integra Lifesciences, Amgen, AstraZeneca, Tissue Regenix, Company Limited, Bayer AG, Novartis AG, Smith+Nephew, Vericel, GSK plc., and others.

What is the Expected Future Outlook for the Overall Global Regenerative Medicine Market Across the globe?

The Global Regenerative Medicine market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Regenerative Medicine market is driven surging trauma cases, genetic disorders, chronic diseases, and other infectious viruses.

In January 2021, Integra LifeSciences Holding Corporation acquired ACell Inc., to strengthen comprehensive wound care management solutions.

In October 2022, Astellas Pharma Inc. and Pantherna Therapeutics GmbH entered into a new technology evaluation agreement for research to generate mRNA-based regenerative medicine programs using reprogramming.

The Global Regenerative Medicine Market is anticipated to grow significantly throughout the projected period (2022-2028) owing to the rising number of cancer patients worldwide, and continuous upgradation in the technology. The growth rate is expected to remain significant during the forecast period.

Though the market is significantly competitive with ~200 participants, the majority of regional players dominate the market share by type, and global players also hold a significant share.

Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of 2 working weeks.

Key Topics Covered in the Report

• Snapshot of the Global Regenerative Medicine Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Regenerative Medicine Market
• Historic Growth of the Overall Global Regenerative Medicine Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Regenerative Medicine Industry
• Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
• COVID-19 Impact on the Overall Global Regenerative Medicine Market
• Future Market Forecast and Growth Rates of the Total Global Regenerative Medicine Market and by Segments
• Market Size of Material / Application Segments with Historical CAGR and Future Forecasts
• Analysis of the Global Regenerative Medicine Market
• Major Production/Supply and Consumption/Demand Hubs in Each Major Region
• Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Continent

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Notable Emerging Companies Mentioned in the Report

• Betalin Therapeutics Ltd.
• Aspen Neuroscience
• LIfT BioSciences Ltd.
• ExCellThera
• Celaid Therapeutics

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Regenerative Medicine Manufacturing Companies
• Regenerative Medicine Hospitals and Clinics
• Regenerative Medicine Material Supplier Companies
• Potential Investors in Regenerative Medicine Companies
• Alliances for Regenerative Medicine
• Consulting Companies in the Regenerative Medicine Market
• Government And Research Organizations Working in Medical Sector
• Government Ministries and Departments of Healthcare
• Healthcare Regulatory Authorities
• Healthcare Research Institutes
• Investment Banks Targeting New Health Care Technology

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below:-

Global Regenerative Medicines Market

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Leading Players in Regenerative Medicines Market — Ken Research

 What Is The Size Of Global Regenerative Medicine Industry?

Global Regenerative Medicine market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Industrial Automation and Control Systems Market is largely driven by surging trauma cases, genetic disorders, chronic diseases, and other infectious viruses.

According to World Health Organization, a specialized international public health organization, stated that nearly 10 million deaths in 2020 are caused by cancer worldwide, the most common cases of cancer were lung, prostate, skin, stomach, colon, and rectum. Cancer immunotherapy activates, replaces, and regenerates the immune system in order to fight cancer. Cancer immunotherapy is a form of regenerative medicine.

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Patients suffering from wound injuries, serious disorders, and others require cell and gene therapies, representing advanced technology. The high cost of cell and gene therapies is hampering the growth of the market. In 2017, the Food and Drug Administration (FDA), a federal agency of the department of health and human services, approved Luxturna to treat a rare form of inherited blindness that affects 100 to 2000 people in the USA.

COVID-19 has accelerated the growth of the regenerative medicine market. In May 2020, the Global Institute of Stem Cell Therapy and Research (GIOSTAR), received FDA approval for COVID-19 clinical trials with stem.

Global Regenerative Medicine Market By Product Type

The Global Regenerative Medicine market is segmented by Product Type into Cell Therapy, Gene Therapy, Tissue Engineering, Stem Cells Control valve component dominated the market in 2021, due to the rapid advancement of technology. The cell therapy segment held the largest market share of the global Regenerative Medicine market in 2021, owing to the growing availability of regenerative medicine, and advancement in technologies.

Cell therapy is the transplantation of human cells to replace or restore damaged tissues and cells. Cell therapy is used for curing cancer, restoring spinal cord injuries, autoimmune systems, neurological disorders, and others.

Global Regenerative Medicine Market By Material

The Global Regenerative Medicine Market is segmented by Material into Synthetic Material, Biomaterial, Genetically Engineered Material, Others.

The biomaterial segment accounted for the largest market share in 2021, owing to the surging infectious viruses and diseases. Biomaterials are key components in tissue engineering and regenerative medicine application.  It is used to reduce the burden of disease.

Biomaterial has ample applications including medical implants, healing human tissues, restoring human cells, molecular probes, biosensor, and others.

Global Regenerative Medicine Market By Geography

The Global Regenerative Medicine market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America accounted for the largest market share within the global regenerative medicine market in 2021, owing to technological advancement in the healthcare sector, and rising cases of illness and diseases.

US Department of Health and Human Services, mentioned regenerative medicines are the next evolution of medical treatments. With its potential to heal, this new field of science is expected to revolutionize healthcare. Therefore, the increasing popularity and demand are expected to fuel the regenerative medicine market.

Key Topics Covered in the Report

• Snapshot of the Global Regenerative Medicine Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Regenerative Medicine Market
• Historic Growth of the Overall Global Regenerative Medicine Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Regenerative Medicine Industry
• Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
• COVID-19 Impact on the Overall Global Regenerative Medicine Market
• Future Market Forecast and Growth Rates of the Total Global Regenerative Medicine Market and by Segments
• Market Size of Material / Application Segments with Historical CAGR and Future Forecasts
• Analysis of the Global Regenerative Medicine Market
• Major Production/Supply and Consumption/Demand Hubs in Each Major Region
• Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Continent

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Notable Emerging Companies Mentioned in the Report

• Betalin Therapeutics Ltd.
• Aspen Neuroscience
• LIfT BioSciences Ltd.
• ExCellThera
• Celaid Therapeutics

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Regenerative Medicine Manufacturing Companies
• Regenerative Medicine Hospitals and Clinics
• Regenerative Medicine Material Supplier Companies
• Potential Investors in Regenerative Medicine Companies
• Alliances for Regenerative Medicine
• Consulting Companies in the Regenerative Medicine Market
• Government And Research Organizations Working in Medical Sector
• Government Ministries and Departments of Healthcare
• Healthcare Regulatory Authorities
• Healthcare Research Institutes
• Investment Banks Targeting New Health Care Technology

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below:-

Global Regenerative Medicines Market

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