The heavy burden of cervical cancer, rapidly growing geriatric population, and technological advancements in colposcopy are the key factors driving the growth of this market.
The Colposcopy Market is expected to reach USD 740.1 Million by 2023 from USD 532.6 Million in 2018, at a CAGR of 6.8%. Ask for PDF Brochure: - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=210884594 Optical colposcopes are estimated to account for the largest share of the colposcopy market in 2018 The colposcopy market is segmented on the basis of instrument type into optical colposcopes and digital colposcopes. In 2018, the optical colposcope segment is expected to account for the largest share of the colposcopy market. The large share of this segment can be attributed to advantages such as easy installation and low cost of these instruments. The portable colposcopes are expected to account for the largest share of the global colposcopy market On the basis of instrument portability, the market is segmented into portable, fixed, and handheld colposcopes. The portable colposcopes segment is expected to account for the largest share of the market in 2018 and it is also expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the advantages portable colposcopes offer, which include ease of installation and movement within medical settings, better result reproducibility, and the ability to produce high-definition images, and stable cervix examinations. North America is expected to command the largest share of the market during the forecast period. Based on region, the colposcopy market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is expected to dominate the colposcopy market in 2018 and this trend is likely to continue during the forecast period. The large share of this segment can primarily be attributed to the high burden of cervical cancer, availability of technologically advanced screening tools, the presence of major players in this region, and the presence of quality healthcare infrastructure. Request for Sample Pages: - https://www.marketsandmarkets.com/requestsampleNew.asp?id=210884594 Key players in the Colposcopy market include DySIS (US), CooperSurgical (US), Atmos (Germany), Olympus (Japan), Karl Kaps (Germany), McKesson (US), Danaher (US), and Carl Zeiss (Germany).
0 Comments
High spending capacity combined with an increase in spending on apparel is expected to upsurge the growth of the global eCommerce platform market over the next few years. Furthermore, the eCommerce industry has grown unusually well in the earlier years and is expected to witness exponential growth in the upcoming years.
The E-commerce platforms help businesses in handling the online store processes, right from their inventory, to adding or eliminating products, to calculating taxes and fulfilling orders in the best possible way. The Best e-commerce platforms market has an estimated value of around 5.6 billion U.S. dollars in 2020 and is estimated to grow to approximately 6.7 billion U.S. dollars by 2023. With the fast growth of e-commerce sales, international retail e-commerce sales are predicted to reach 6.6 trillion U.S. dollars by 2023. Know More: – https://www.360quadrants.com/press-release/360quadrants-releases-quadrant-on-best-e-commerce-platforms Market SegmentationThe market is categorized in five major regions that include North America, Asia Pacific, Europe, Middle East & Africa and Latin America regions. Amongst these regions, Asia Pacific is likely to lead the overall ecommerce platform market over the next few years. Increasing number of business formations is providing the best opportunities for the e-commerce platform service providers. Based on type of platform, the market is classified into, commerce, order management, business intelligence, shipping and others, amongst which, commerce is accounted for the biggest market share in complete worldwide ecommerce platform market. Technology Overviewbest e-Commerce platforms also be termed as a shopping cart solution, shopping cart software, ecommerce website builder, online store builder or ecommerce platform and it caters a sole purpose that is to help businesses in selling their products online. Ecommerce platform comprises customizable site templates, a unified shopping cart, SEO, email marketing, inventory management and analytics. E-Commerce Platform: Drivers and LimitationsThe international e-Commerce platform market is driven by the software that is user-friendly and also inexpensive for small scale businesses. The price of adding an ecommerce constituent to present business and enter in a newer market falls anywhere between US$ 100 to US$ 150 per month and it allows expansion through online business. e-commerce is quickly accounting for a larger quantity of the total retail sales in the U.S. According to the U.S. Department of Commerce, customers spent about US$ 194 billion online in 2011. With this kind of consumption and trend, a growing number of small and mid-size companies are taking the online platform for all or some of its operations. However, higher prices of hybrid and cloud based software and low internet penetration rate in emergent countries are some of the important factors which are likely to restrict the growth of global ecommerce market in the near future. Market growth is primarily driven by factors such as growing production of large molecules and biologics, technological advancements in nanofibers, growth in the generics market, and regulatory mandates for cleanrooms in pharmaceutical production. Other factors supporting market growth include an increase in R&D spending by biopharmaceutical companies to offer a strong biologics pipeline.
The global Pharmaceutical Filtration Market is poised to reach USD 22.71 Billion by 2021 from USD 13.73 Billion in 2016, at a CAGR of 10.6% from 2016 to 2021. Ask for PDF Brochure: -https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=209343847 The global pharmaceutical filtration market is segmented on the basis of product, technique, application, scale of operation, and region. On the basis of product, the pharmaceutical filtration market is segmented into membrane filters, prefilters and depth media filters, cartridge & capsule filters, single-use systems, filter holders, filtration accessories, and other products. In 2016, the membrane filters segment accounted for the largest share of the market. This segment is also expected to register the highest CAGR during the forecast period. The key factor driving the growth of the membrane filters segment is the ease of installation in large and small manufacturing facilities owing to the availability of a variety of pore and surface types. Based on application, the final product-processing segment is expected to register the highest CAGR during the forecast period owing to the rapidly growing biologics and generic drug production coupled with the presence of stringent regulatory guidelines to maintain a clean and safe manufacturing environment. North America accounted for the largest share of the global pharmaceutical filtration market in 2016, followed by Europe. Stringent regulatory guidelines to provide safe drugs is encouraging the use of pharmaceutical filtration products and the presence of a large number of market players are propelling the growth of the North American pharmaceutical filtration market. The Asian region is expected to register the highest CAGR in the forecast period. Growing investments in the biopharmaceutical industry and the rise in contract research and manufacturing organizations in emerging Asian countries are the key factors driving the growth of the Asian market. Request for Sample Pages: - https://www.marketsandmarkets.com/requestsampleNew.asp?id=209343847 The pharmaceutical filtration market is dominated by established players such as Merck KGaA (Germany), GE Healthcare (U.S.), Pall Corporation (U.S.), Parker Hannifin Corporation (U.S.), and Sartorius Stedim Biotech S.A. (France). The growth of this market is primarily driven by the factors such as growing prevelance of dental disorders, increasing demand for the cosmetic dentistry and expanding applications of CBCT. In addition to this, new product launches and approvals, partnerships, agreements and collaborations among market players and are also providing impetus for the growth of this market. Moreover, acceptance of the CBCT systems in breast imaging and untapped emerging economies provide significant growth opportunities in the market. However, high cost of the CBCT systems may hinder the growth of this market during the forecast period.
The global CBCT/Cone Beam Imaging Market is expected to reach USD 801.2 Million by 2021 from USD 494.4 Million in 2016, at a CAGR of 10.1% during the forecast period (2016-2021) Ask for PDF Brochure: -https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=226049013 Market Segmentation: - In this report, the Global CBCT/cone beam imaging market is segmented on the basis of application, patient position, end user and region. Based on end user, the CBCT/cone beam imaging market is segmented into hospitals, practices and academic and research institutes. The hospital segment is expected to account for the largest share of the CBCT/cone beam imaging market in 2016. However, private practices are expected to grow at highest CAGR during the forecast period. Growing awareness of dental healthcare, growth in geriatric population (especially in Japan), increasing prevalence of orthopedic disorders, partnerships/collaborations among key players, growing medical tourism for dental services, improving healthcare infrastructure, and growing disposable incomes in emerging Asian economies (such as China and India) are some of the key factors fuelling the growth of this market. Target Audience:
Based on region, the CBCT/cone beam imaging market is segmented into North America, Europe, Asia and Rest of the World (RoW). In 2016, North America is expected to dominate the market, followed by Europe. Request for Sample Pages: - https://www.marketsandmarkets.com/requestsampleNew.asp?id=226049013 Top key Players: - Some of key players in this market include Danaher Corporation (U.S.), Carestream Health, Inc. (a subsidiary of Onex Corporation) (Canada), Planmeca Group (Finland), Vatech Co., Ltd. (South Korea), Dentsply Sirona (U.S.), Cefla S.C. (Italy), J. Morita MFG. Corp (Japan), Asahi Roentgen IND.CO., LTD. (Japan), PreXion Corporation (Japan), and CurveBeam LLC (U.S.). New product launches, product approvals, agreements, partnerships, and collaborations were the most-preferred growth strategies adopted by key players between 2013 and 2016. Growing applications of multimodal imaging systems, technological advancements in diagnostic imaging modalities, availability of funding for research, favorable reimbursement scenario, growing insurance coverage, and increasing R&D into radiotracers are some of the key factors driving the multimodal imaging market.
The report Multimodal Imaging Market is projected to reach USD 2.9 billion by 2024 from USD 2.3 billion in 2019, at a CAGR of 4.4%. Ask for PDF Brochure: - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=3358876 The PET/CT segment accounted for the largest share of the multimodal imaging market, by technology, in 2018 Based on technology, the multimodal imaging market is broadly segmented into PET/CT systems, PET/MR systems, SPECT/CT systems, OCT/Fundus Imaging systems, and other multimodal imaging systems (tri-modality systems such as SPECT/CT/PET, PET/CT + MR, and IVUS + NIRS systems, among others). The PET/CT systems segment accounted for the largest share of the multimodal imaging market in 2018. This can be attributed to the increasing demand for early and accurate cancer diagnosis, growing clinical evidence for the early detection of Alzheimer’s disease, increasing applications of PET/CT systems in cardiology, favorable reimbursement scenario, and the technological advancements in the field of PET/CT. The oncology segment registered the highest CAGR in the multimodal imaging market in 2018 On the basis of application, the multimodal imaging market is segmented into brain & neurology, cardiology, oncology, ophthalmology, and other applications. The oncology segment registered the highest CAGR in 2018. This can be attributed to the expanding use of multimodal imaging systems in oncology diagnosis, increasing demand for the early & accurate diagnosis of cancer, and growing clinical evidence on the use of multimodal imaging in the diagnosis of novel cancer types. North America accounted for the largest share of the multimodal imaging market in 2018 The multimodal imaging market is segmented into four regional segments, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of the multimodal imaging market owing to factors such as the increasing availability of radiotracers, technological advancements in diagnostic imaging modalities, high incidence/prevalence of diseases such as breast cancer and colorectal cancer, large number of multimodal imaging procedures performed, growing awareness about the benefits of early diagnosis of diseases, and the rapid adoption of technologically advanced imaging systems. Request for Sample Pages: - https://www.marketsandmarkets.com/requestsampleNew.asp?id=3358876 Top Key Players:- The major players operating in the multimodal imaging market are GE Healthcare (US), Siemens Healthineers (Germany), Koninklijke Philips N.V. (Netherlands), United Imaging Healthcare Co., Ltd. (China), Canon Medical Systems Corporation (Japan), Mediso Medical Imaging Kft (Hungary), Neusoft Medical Systems Co., Ltd. (China), Spectrum Dynamics Medical (Switzerland), Infraredx, Inc. (Japan), Topcon Corporation (Japan), Carl Zeiss AG (Germany), and Heidelberg Engineering (Germany). Factors such as the rising companion animal population, increasing demand for pet insurance, and the growth in the number of veterinary practitioners in developed countries are driving the growth of this market. Also, the growing demand for rapid tests and portable instruments for point-of-care services and the use of advanced technologies like machine learning is expected to offer potential growth opportunities for market players in the coming years. However, increasing pet care costs are expected to restrain market growth to a certain extent.
The report Companion Animal Diagnostics Market is projected to reach USD 3.0 billion by 2025 from an estimated USD 1.8 billion in 2020, at a CAGR of 9.8%. Ask for PDF Brochure: - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=173823870 Immunodiagnostics segment to account for the largest share of the companion animal diagnostics market in 2019 Based on technology, the companion animal diagnostics market is segmented into immunodiagnostics, clinical biochemistry, hematology, urinalysis, molecular diagnostics, and other companion animal diagnostic technologies. These methods have been used clinically for decades in the veterinary industry, and are the only reliable option to test animals for several infectious diseases such as equine infectious anemia virus and feline immunodeficiency virus. Immunodiagnostic tests can identify the presence of antibodies to viruses that are inactive and no longer present in the body. These advantages are further used to widen the clinical applications of immunodiagnostic tests in the veterinary health market. Clinical pathology segment to dominate the companion animal diagnostics market, by application Based on application, the companion animal diagnostics market is segmented into clinical pathology, bacteriology, virology, parasitology, and other applications. In 2019, the clinical pathology segment was expected to account for the largest share of the companion animal diagnostics market. Clinical pathology encompasses hematology, clinical chemistry, cytopathology, endocrinology, urinalysis, coagulation, immunohematology, and general pathology. In the case of chronic diseases, veterinarians recommend routine blood and urine check-ups where clinical pathologists work along with veterinarians to evaluate the cause of the disease. The rising volume of pathology tests performed is expected to increase the demand for diagnostic products and consumables for clinical pathology applications in the coming years. North America to dominate the global companion animal diagnostics market in 2019 North America is expected to account for the largest share of the companion animal diagnostics market in 2019, followed by Europe. Factors such as the increasing adoption of companion animals, growing pet insurance industry, rising veterinary healthcare expenditure, and the growing number of veterinary practices are expected to drive the companion animal diagnostics market in North America. The US is the largest market for companion animal diagnostics in the North American region, primarily due to the large and growing companion animal population in the country. Request for Sample Pages: - https://www.marketsandmarkets.com/requestsampleNew.asp?id=173823870 Top Key Players:- The key players operating in the global companion, animal diagnostics market, are IDEXX Laboratories, Inc. (US), Zoetis, Inc. (US), Thermo Fisher Scientific, Inc. (US), Virbac (France), Heska Corporation (US), Neogen Corporation (US), bioMérieux SA (France), IDvet (France), INDICAL Bioscience GmbH (Germany) [QIAGEN N.V. (Netherlands)], and Randox Laboratories Ltd. (UK). High spending capacity combined with an increase in spending on apparel is expected to upsurge the growth of the global eCommerce platform market over the next few years. Furthermore, the eCommerce industry has grown unusually well in the earlier years and is expected to witness exponential growth in the upcoming years.
The E-commerce platforms help businesses in handling the online store processes, right from their inventory, to adding or eliminating products, to calculating taxes and fulfilling orders in the best possible way. The Best e-commerce platforms market has an estimated value of around 5.6 billion U.S. dollars in 2020 and is estimated to grow to approximately 6.7 billion U.S. dollars by 2023. With the fast growth of e-commerce sales, international retail e-commerce sales are predicted to reach 6.6 trillion U.S. dollars by 2023. Know More: – https://www.360quadrants.com/press-release/360quadrants-releases-quadrant-on-best-e-commerce-platforms Market SegmentationThe market is categorized in five major regions that include North America, Asia Pacific, Europe, Middle East & Africa and Latin America regions. Amongst these regions, Asia Pacific is likely to lead the overall ecommerce platform market over the next few years. Increasing number of business formations is providing the best opportunities for the e-commerce platform service providers. Based on type of platform, the market is classified into, commerce, order management, business intelligence, shipping and others, amongst which, commerce is accounted for the biggest market share in complete worldwide ecommerce platform market. Technology Overviewbest e-Commerce platforms also be termed as a shopping cart solution, shopping cart software, ecommerce website builder, online store builder or ecommerce platform and it caters a sole purpose that is to help businesses in selling their products online. Ecommerce platform comprises customizable site templates, a unified shopping cart, SEO, email marketing, inventory management and analytics. E-Commerce Platform: Drivers and LimitationsThe international e-Commerce platform market is driven by the software that is user-friendly and also inexpensive for small scale businesses. The price of adding an ecommerce constituent to present business and enter in a newer market falls anywhere between US$ 100 to US$ 150 per month and it allows expansion through online business. e-commerce is quickly accounting for a larger quantity of the total retail sales in the U.S. According to the U.S. Department of Commerce, customers spent about US$ 194 billion online in 2011. With this kind of consumption and trend, a growing number of small and mid-size companies are taking the online platform for all or some of its operations. However, higher prices of hybrid and cloud based software and low internet penetration rate in emergent countries are some of the important factors which are likely to restrict the growth of global ecommerce market in the near future. Factors such as the growing rate of infertility across the globe, increasing public-private investments in the field of preimplantation genetic testing, rising number of fertility clinics worldwide, technological advancements in the field of genetic analysis, and high risk of chromosomal abnormalities in the fetus with increasing maternal age are driving the growth of this market.
The report Preimplantation Genetic Testing Market is projected to reach USD 541.8 Million by 2022 from USD 336.4 Million in 2017, at a CAGR of 10.0%. Ask for PDF Brochure: -https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=605 The preimplantation genetic screening segment accounted for the largest share of the market in 2016 By type, the preimplantation genetic screening segment accounted for the largest share of the market. The large share of this segment can primarily be attributed to the decrease in female fertility (due to rising maternal age), increasing prevalence of genetic disorders in offspring, and benefits of PGS, such as increased chances of healthy pregnancy across all age groups, better implantation rate, reduced risks of miscarriage, reduced IVF cycle time, and comprehensive analysis of all 24 chromosome types. By application, the aneuploidy segment is expected to be the fastest growing segment in the forecast period The aneuploidy segment is expected to grow at the fastest CAGR. Growth of this segment can be attributed to the increasing maternal age, rising incidence of aneuploidy disorders, and strategic initiatives by key players to provide technologically advanced PGS products for aneuploidy screening. Aneuploidy screening has been reported to increase the chance of successful embryo implantation, decreases miscarriage rate, and reduce the chance of having a child with a chromosome abnormality). North America dominated the market in 2016 Geographically, the preimplantation genetic testing market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the largest share of the market in 2016, followed by Europe. Rising number of IVF procedures (with decreasing fertility rates), significant adoption of genomic techniques, ongoing trend of replacing traditional genomic technologies with advanced and innovative genetic techniques (such as FISH and NGS), and increasing private-public funding to develop and commercialize novel PGS & PGD procedures are the key factors that account for the larger share of the preimplantation genetic testing market in North America. Request for Sample Pages: - https://www.marketsandmarkets.com/requestsampleNew.asp?id=605 As of 2016, the major product manufacturers operating in the global market included Illumina, Inc. (U.S.), CooperSurgical, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), PerkinElmer, Inc. (U.S.), Abbott Laboratories (U.S.), Natera, Inc. (U.S.), Rubicon Genomics, Inc. (U.S.), Oxford Gene Technology (U.K.), Yikon Genomics (China), and SciGene Corporation (U.S.), among others. The growing target patient population and the rising focus on minimally invasive surgical procedures over conventional surgery are the major factors driving the growth of this market.
The report Catheters Market is Projected to Reach USD 24.2 Billion by 2025, at a CAGR of 8.7% from 2020 to 2025 Ask for PDF Brochure: - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6247803 In 2019, the cardiovascular catheters segment accounted for the largest share of the market. On the basis of type, the global catheters market is segmented broadly into cardiovascular, urological, intravenous, neurovascular, and specialty catheters. Cardiovascular catheters commanded the largest share of the catheters market in 2019 and are expected to grow at the highest CAGR during the forecast period. This is primarily attributed to factors such as the high incidence of CVD, the growing geriatric population, and increasing awareness regarding early diagnosis. These factors have resulted in an increase in cardiovascular surgeries, which positively impacts the cardiovascular catheters market. Hospitals to be the largest end users of catheters Based on end user, the catheters market is segmented into hospitals, long-term care facilities, diagnostic imaging centers, and other end users. In 2019, hospitals were the largest end users of catheters. This segment is expected to grow at the highest CAGR, majorly due to the high volume of target procedures performed in hospitals. The presence of big cath labs and electrophysiology labs in hospitals and a growing patient population are other key drivers of this market. The emergence of advanced diagnostic imaging catheters, coupled with the demand for minimally invasive procedures, is accelerating the adoption of catheters in hospitals. North America was the largest regional market for catheters in 2018 The catheters market has been divided into four major regions, namely, North America, Europe, the Asia Pacific, and the Rest of the World (RoW). North America accounted for the largest share of the global catheters market in 2019. This is attributed to various factors such as the large number of target procedures performed in the region, the presence of a well-established healthcare system, and investments by hospitals to upgrade & expand operating capabilities. Request for Sample Pages: - https://www.marketsandmarkets.com/requestsampleNew.asp?id=6247803 Top Key Players:- The prominent players operating in this market include Medtronic (Ireland), Edwards Lifesciences Corporation (US), Teleflex Incorporated (US), Abbott (US), B. Braun Melsungen AG (Germany), Becton, Dickinson and Company (US), Boston Scientific Corporation (US), ConvaTec Group (UK), Coloplast (Denmark), Johnson & Johnson Services (US), Terumo Corporation (Japan), Hollister Incorporated (US), Stryker (US), Cook Medical (US), and Merit Medical Systems (US). With an emphasis on satisfying market demands for fast distribution, innovation, product selection, and quick returns while managing difficult supply chain globalization, there have been significant changes in warehousing trends. For the last few months, supply chains and distribution markets worldwide have been significantly affected by the COVID-19 pandemic. Some first-time users made use of e-commerce platforms to make secure, interactive orders for necessities and at their doorsteps for contactless customer service. The market has also seen a significant change from fashion and lifestyle sales to purchasing simple necessities such as food, medicines, office and residential items, e-learning instruments, and even the distribution of major food varieties.
That being said, the massive increase in e-commerce has resulted in higher digital penetration and raised the scope for the future growth of the industry, facing obstacles such as stagnation in production, labor shortages, transport issues, and instabilities in domestic and foreign freight transportation. This involves, but is not restricted to, certain important technological adoptions that help render this change. Cloud-based supply chain software The secret to fast and error-free processes is to exploit big data to handle dynamic distribution networks in an accurate and timely manner. Although data analytics help anticipate, schedule, and maximize efficiency, a cloud-based warehousing system allows this important data to be gathered, tracked, processed, and used efficiently on a regular basis for increased organizational effectiveness. The blockchain and data analytics technologies also enable forecasting and controlling market spikes, addressing and avoiding unforeseen supply chain disruptions, and promoting smooth operations. These include product monitoring, visibility of the end-to-end production process, and integration of real-time strategic data into all operations in a single seamless portal. A cloud-based automated solution further enables effective processes across geographic regions and time zones to be coordinated, controlled, and guided, reducing human dependence. Read More: - https://www.360quadrants.com/press-release/360quadrants-releases-quadrant-on-best-e-commerce-platforms AI and automation For warehouse management infrastructure, this has become one area of advancement. The new technological adoptions that are transforming the future of a once labor-intensive industry include the use of autonomous mobile robots (AMR) for physical activities, self-managing inventory control, automatic selection and packaging equipment, even fully automated forklifts and automated cars (driverless vehicles) for inventory, and automated storage and recovery (ASRS) operations. IoT and business integration In digitalization, integration has become a crucial term, particularly for the logistics and distribution business. Web-based connected devices such as wearable technology, QR codes, BLE, intelligent systems, and surveillance cameras are used to provide superior monitoring of goods and vehicles and to handle larger warehousing activities. These enable facilitating and optimizing automated systems to use smarter procedures to cope with unpredictable conditions and react more effectively in complex environments. Whereas the aforementioned technologies have ensured that logistics and distribution planning are enabled with the implementation of the latest technology. E-commerce has also influenced the framework of organizations for future Indian warehousing expansion. The major inventions include: Emphasis majorly on A-grade facilities in major cities: The largest logistics insights portal in India reports that Tier III and IV cities amounted to 67 percent of online transactions, as digital marketing, financial technology, and mobile connectivity increased. This, together with accessibility to the geographic regions of inexpensive commercial real estate property, is contributing to the growth in Grade A warehousing in Tier II and III cities. Competent last-mile shipments: Since it was first launched, e-commerce has radically transformed the landscape of last-mile delivery. The pandemic has further underlined innovative developments such as contactless shipments and the declining demand and use of COD payments. The increase in the demand for FMCG and perishable items requesting same-day or fast delivery and the evolving categories requiring comprehensive temperature-controlled supply networks, such as temperature-sensitive food supplements, have influenced the increased implementation of technology to further enhance customer service. Sustainable supply chain and storage: Indian warehousing and distribution networks have also adopted sustainable practices along with multinational companies who have embraced these. They vary from innovative, energy-efficient warehouse architecture, package restructuring, increased use of energy usage monitoring and optimization technologies, introduction of paperless commerce to the substitution of plastics with environment-friendly packaging material, waste reduction and reuse, which are some fields that help make the industry responsive to global market developments. Substantial position in peripheral, non-storage operations: Ultimately, a significant change in the equilibrium among 3PL-4PL service providers and suppliers was driven by the pandemic. Global logistics companies are changing from just being retailers and distribution network intermediaries to being valuable partners to their clients, helping them overcome the crisis by providing various value-added advantages. Although the trend has already been increasing before the COVID-19 pandemic, the outbreak has intensified growth, with an increasing number of suppliers for activities such as just-in-time packaging services, inventory assembling, product differentiation, and at times even end-to-end outbound logistics, for cost optimization and streamlined processes, based on logistics providers. Key Findings The Indian logistics and distribution industry is expected to expand at a significant pace, backed by rapid digitalization, supporting government actions, strengthened transport network, expanded PE investments in real estate warehouse operations, and changes in approaches for service procurement. Furthermore, key warehousing developments are expected to drive the growth of the storage and distribution industry in the coming years, such as increased stocking levels, shifting emphasis to critical supplies that are expected to push cold supply chain expansion, strengthening of the warehousing segment and faster creation and development of Grade A warehouses in Tier II and Tier III cities. |
AuthorWe are providing and consulting the healthcare Industry Research Report. Archives
March 2022
Categories |