In a recent published report, Kenneth Research has updated the market report for Stoma or Ostomy Care Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Stoma or Ostomy Care Market products.
The Stoma or Ostomy Care Market is thriving on account of the rising awareness amongst individuals for the benefits of maintaining a good health and the increasing need for high quality healthcare services amongst individuals. With the increasing prevalence of diseases worldwide, people are opting for products that help them to stay fit and are also investing more on healthcare services. Alternatively, pharmaceutical manufacturers, along with other healthcare companies that manufactures devices and equipment, are increasingly focusing on the research and development of advanced treatment, drugs and equipment for the diagnosis and treatment of the diseases and for developing healthcare products. Organizations are raising their R&D expenses year-on-year so as to deliver quality healthcare products in the years to come. The advancements in the healthcare sector are also supported by the governments of nations worldwide with numerous financial aids. According to a statistical report titled “Global Spending on Health: A World in Transition”, released in theyear 2019 by the World Health Organization (WHO), the global spending on healthcare recorded USD 7.8 trillion in 2017, which was an increase by USD 0.2 trillion from the recorded value of USD 7.6 trillion in 2016.
The Global Stoma or Ostomy Care Market is expected to register a CAGR of 7.2% to reach USD 1,210.9 Million by 2024.A stoma or ostomy is a surgical opening created in the abdomen to expel waste associated with the digestive system. There are different types of ostomy operations such as colostomy, ileostomy, and urostomy, which are performed depending on the requirement of the disease and the patient.
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In an ostomy surgery, the end-opening of the small or large intestine is brought to the surface of the skin through the surgical opening to discharge the biological waste into an external accessory such as a bag or pouch placed outside the body. This surgery is performed in patients suffering from inflammatory bowel diseases (IBD) such as ulcerative colitis or Crohn’s disease, blockage or misfunctioning of the intestine or urinary tract, infection, intestinal cancer, and in specific accidental damage.
The major factors driving the growth of this market are the increasing prevalence of inflammatory bowel disease (IBD) and colorectal cancer, growing awareness about ostomy/stoma care and availability of accessories used to treat ostomy in the market, and stable reimbursement policies by both government and private organizations. However, factors such as postoperative complications, negative psychological and emotional impacts of having ostomy or stoma, and risks associated with the ostomy surgery are expected to hinder the growth of the market.
The two-piece systems segment accounted for the largest market share of 55.6% in 2018. Two-piece systems are easy-to-use, durable, and convenient for changing the bag without removing the skin barrier from the stoma. The one-piece systems segment was the second-largest market in 2018, as it is more cost-effective compared to the two-piece ostomy systems.
The Americas accounted for the largest market share of 42.8% in 2017. The US is one of the leading markets in the region, and it accounted for the largest market share of 86.4% in 2017. The growing number of ostomy procedures performed in the US is expected to propel the global stoma or ostomy care market further. The American Cancer Society estimates that there are likely to be 101,420 new cases of colon cancer and 44,180 new cases of rectal cancer in the US in 2019. However, the market in Asia-Pacific is expected to register the highest CAGR of 7.6% during the forecast period.
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The Europe stoma or ostomy care market is estimated to register the second-largest market share of 38.1% in 2017. The rising incidence of bladder cancer, congenital disabilities, and technological advancements in the field of stoma care are some of the factors responsible for the growth of the market in the region. Germany is the primary contributor to the growth of the regional market by share of 27.1% in 2017, followed by the UK.
The Middle East & Africa holds the lowest market for stoma or ostomy care. The increasing awareness about stoma or ostomy care and available products is projected to enhance the market growth during the forecast period.
The prominent players in the global stoma or ostomy care market are Coloplast Corp. (Denmark), ConvaTec Inc. (UK), 3M (North Carolina), Smith & Nephew (UK), B. Braun Melsungen AG (Germany), Hollister Incorporated (US), Flexicare Medical Limited (UK), Welland Medical Limited (West Sussex), Marlen Manufacturing & Development Co. (Ohio), and Tytex A/S (Denmark).The players operating in the global stoma or ostomy care market are likely to strengthen their presence worldwide through acquisitions during the forecast period.
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Global Stoma or Ostomy Care Market, by Type
Global Stoma or Ostomy Care Market, by Facility of Use
Hospitals & Ambulatory Surgical Centres
Global Stoma or Ostomy Care Market, by Region
Rest of Europe
Rest of Asia-Pacific
Middle East & Africa
Available Additional Customizations
Company Profiles of Key Regional Players
Stoma or ostomy care products manufacturers
Medical devices companies
Retailers, distributors, and wholesalers
Governments, associations, and industrial bodies
Investors and trade experts
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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Top Benefits of Global Affiliate Network
One of the most important ways to help small businesses grow is to help them get access to more customers. As your business expands, you’ll be looking for new avenues to bring in customers, expand existing client bases, and give you the exposure you need to build your online brand. Global affiliate networks are one of the most effective ways to help your small business grow, because it’s a cost-effective way to advertise your business. It works so well, in fact, that other businesses invest thousands of dollars into these programs.
Here are the top five benefits you can expect when you choose to invest in a global affiliate network program for your small business.
Global affiliate network is able to deliver highly-targeted, targeted advertising to thousands of potential clients. That’s great, because there are millions of people around the world who love high-quality, local fashion and lifestyle content.
By partnering with affiliate networks, brands can target, send, and track thousands of consumers – making their marketing efforts even more effective. You can also compare your program’s advertising rates to other network brands to find out how much you can get in return for your advertising dollars.
Increased Brand Loyalty
As you build a relationship with potential clients through a global affiliate network, you’re able to turn this trusted relationship into real, long-term loyalty and referrals. Affiliates build trust with clients and earn reputations as trusted partners and online influencers.
You then get access to their vast network of connections and clients for a lifetime. Global affiliate networks are also useful for increasing brand awareness among those who may not yet be aware of your products or services.
Ads are short-lived and you’ll often have to endure delays or redirection in the customer journey. But global affiliate network marketing provides users with immediate reward – in the form of a discount code, discount or free product.
Global affiliate networks can instantly earn a commission on every sale, boosting their earnings. This creates huge rewards for marketing professionals.
People love to share brands they love. Every affiliate website you partner with – regardless of whether they’re a big-name, reputable brand – will have loyal followers who are happy to share the story with their peers and friends.
And, every time a user purchases from the affiliate, they’re immediately connected to the brand – as well as giving you feedback. This feedback will be invaluable for helping you refine your brand’s advertising strategies and tactics.
As you grow your business, you’ll be looking for more efficient ways to get new customers. Global affiliate networking is one of the most efficient means of getting new customers – because it lets you target, track, and engage with thousands of potential customers in a matter of minutes. It can even be conducted from the comfort of your own office.
Whether your business is targeting a broad range of customers or a high-level niche, a global affiliate network is a cost-effective way to drive brand awareness and further your sales. Your affiliate will have a website with a lot of traffic, which will always be looking for the latest content to share on social media. It will also regularly offer affiliate products and services, which can be easily found using their email list.
It’s never too late to start taking the next steps toward the success you want in your business. One of the easiest ways to start off is to use a global affiliate network marketing platform that will help you start earning for your online business.
7 Tips For Creating Your Website With A Big Hit
Customer satisfaction must be addressed throughout the whole development process while creating a website. This is particularly true in terms of website design because a poorly-designed website can leave users perplexed, dissatisfied, and less inclined to return.
Therefore, you have to create your website in a way that makes it a BIG HIT. With the help of a seasoned website design company, you can develop a visually appealing and user-friendly website.
However, in this article, we will discuss some useful tips you should follow to create a website with success. So, have a look at them!
7 Tips For Creating Your Website With A Big Hit:
Following are seven great tips you shouldn’t ignore if you want to create your website with a big hit:
1. Create A Website Plan
Before getting into the development of a website, you need ideas and plans to work on to build the required website. All great websites are built on proper plans and structures. What audience do you have to target? What are you going to sell? These are some important questions before getting practical.
2. Go For A Minimalistic Web Design Approach
While designing your website, understand that it must be simple, easy to understand, and appealing as well. For this, the best thing to do is to practice the minimalistic approach that helps you create a well-organized and well-structured web design. Only put essential features into your web design that people want to look into.
3. Opt For The Best Fonts
Make a point of using different fonts for your website’s headers, body text, and footers. Hence, it is great if your brand standards allow you to use only one font on your website. The best thing is to simply ensure that the font is readable and at a reasonable size. The standard size for the font is 14-16 px.
4. Choose The Best Template
The catchier the website is, the more traffic its drives, resulting in bigger hits and better revenues. The heavy work of formatting validation is taken care of by using the best web template. What kind of product or service you offer or what kind of format you should have is not determined by which web template you pick. A template is nothing more than a starting point for creating a well-designed homepage.
5. Pick Up The Right Colors
Your website should have a consistent color scheme. There is no need to get over-excited and use all the colors in the bucket. The simpler is the better. A decent combination of colors for headers, body text, and footers set high standards for the website. The more pleasing to the eye it is, the more customers will come to the website again and again.
6. Have A Contact Page
If the visitors are in regular contact with you, it is better to create more interaction and get more clicks on your website. For this purpose, you need to have a contact page from where they can get in touch with you. A monthly email subscription is another way of boosting a great website launch.
7. Perform Website Testing
Testing is the most important part of building a website. Sometimes, you run a feature and it works perfectly well in 1st attempt but fails on the 2nd or 3rd. For this very reason, you need to check each feature multiple times and then launch your website with the confirmation that everything is performing well on your website.
In the end, you need to practice all the tips mentioned above while creating a website with a Big Hit. Hence, for the proper implementation of such tips and tricks, you must get in touch with an expert website development company.
3 Things You Need to Grow Your Catering Business
Are you struggling to grow your catering business? Perhaps you opened your company a few months ago, but currently, you’re considering closing down your catering business for good because it is not turning in any profit? You’re not alone; many first-time catering entrepreneurs struggle for months to get their businesses off the ground.
Growing a catering business is no stroll in the park. Hence, most catering businesses fail. In most cases, catering businesses fail because entrepreneurs ignore certain factors, which this article will explore. But let’s clear this right away:
Is building a brand online pretty easy?
You’d expect that technology will make things easier when building a brand. But it is difficult for numerous reasons. First, in your city alone, you might be competing with thousands of other catering entrepreneurs that use the exact keywords to promote their brand online. So if you don’t fuse creativity in your marketing campaigns, chances are all your effort will fall flat.
It would help if you had a marketing plan to use as a blueprint for growing your brand and driving more sales into your business. Use one of the below tips to kick-start your catering business:
1. Consider hosting tasting events once a month
Perhaps this year, you should make hosting tasting events your monthly goal. You can use social media to promote such events or to invite people. Because your business is still new, in your first tasting event, don’t expect throngs of people. Your initial target should be between 20 and 70 people, and if the turnout exceeds that number, your event was a resounding success. Create a list of corporate prospects or anyone likely to use your catering services. Introduce them to your menu, food, and some of the services that you offer.
2. Manage your costs
Failure to manage costs is one of the main reasons catering businesses fail today. But managing costs can’t be neglected, especially if you want to grow a business. It will allow you to see the financial position of your business and know when to cut down costs. There is management software for catering businesses that you can use to invoice clients, integrate budgets, and manage costs.
3. Use brand ambassadors
No social media campaign today will work out without including influencers. The good news is most people can agree to become your brand ambassadors without receiving any payment. All you need to do is agree on how you will reward them. However, ensure that you are careful when you select brand ambassadors. Target only people who have good credentials. To be on the safe side, screen everyone applying to become your brand ambassador.
Emergency Locksmith Toronto Services: Benefits AndKey Highlights
Do you need an emergency locksmith? Then, it’s time to get in touch with the best company in your area. With an emergency locksmith like Matrix Locksmith, you know that they are available 24/7 and can be there quickly. This is great for when something goes wrong at home or on the job site.
Locksmiths provide a range of services, including lock picking, key cutting, installation of new locks, rekeying of existing locks, and more!
When you need a locksmith, it’s never convenient. You may be locked out of your car or find yourself in an emergency situation and need to get into your home as quickly as possible.
Emergency locksmith services
What is the best way to ensure that your home remains secure? One of the most important things you can do for this is to make sure that your locks are in good working order. This means regular maintenance and getting them replaced when they’re old or worn out.
But what happens if disaster strikes, like a fire, robbery, or natural disaster? The first step to take when you need locksmith services is to call one of the many reputable companies that offer them.
This ensures that you will get the best service possible, and it also means you can make sure your locks are changed before someone else gets ahold of the keys! When you need a locksmith, it’s usually an emergency.
Whether you’re locked out of your home or car, have lost your keys, or just want to upgrade the locks on your business for security purposes – we’ve got you covered!
Here are some of the benefits and key highlights when it comes to such services:
1) They offer competitive prices with no hidden fees like travel charges. In addition, all quotes include labor costs which means that if something takes longer than expected, then there won’t be any additional costs.
2) This is great for when something goes wrong at home or on the job site. Locksmiths provide a range of services, including lock picking, key cutting, installation of new locks, rekeying of existing locks, and more!
3) You can be assured that they are licensed and insured. This gives you peace of mind knowing that if something goes wrong while they are working on your locks, then you are covered.
4) They are available 24/ hours a day, so you can get the help that you need right away.They offer 24/7 service and specialize in any type of lock job: residential, commercial, and automotive. Also, provide access control systems and other security products so that you can feel safe at all times!
5) Quick service- When you’re in an emergency situation, you need help fast, and that’s exactly what you’ll get with these professionals. They understand that time is of the essence, and they’ll work quickly to resolve your issue.
One of the biggest benefits of emergency locksmith services is that they’re a very affordable option for anyone who needs help with their lock. However, when trying to figure out what you’ll have to pay, it’s best to get multiple quotes from different professionals so you can see which one offers you the most competitive rates and prices.
To Sum Up
Emergency locksmith services can be a very useful service for people who find themselves in an emergency situation. Whether you need to get into your car because the keys are locked inside, or if you’re looking for a new lock on your home, these professionals will help, and they’ll do it quickly.
Architecture Firm Australia: Tips for Finding and Hiring an Architecture Firm
Architectural firms are one of the most important aspects of a building project. They take the architectural drawings and make them a reality. But, finding an architecture firm is not always as simple as opening up your phone book or Google search engine to find one. This blog post will go over six tips to help you find and hire the best architecture firm like i2c for your next project!
1. Make sure you are hiring an architecture firm, not just an architect
An architectural firm is more than one licensed architect. They usually have a team of people with various skill sets that work together to complete projects.
A licensed individual with the title “architect” does not mean they can do all aspects of a project from start to finish.
2. Research the firms you are considering
It is essential to do your research before choosing a firm. Check out their website and social media pages, read reviews from past clients, see if they have any awards or recognitions with different organizations.
This information will give you an idea of who they are as a company and how professional they may be. In addition, you can also call the firm and ask any questions that may help you determine if they would be the right fit for your project.
3. Ask for recommendations
One of the best ways to find a good architecture firm is by asking people you know who have recently completed a building project.
They will recommend firms they had a positive experience with and ones to avoid. You can also ask your friends, family, or colleagues if they have any connections with an architectural firm.
4. Ask about their portfolio
In addition to asking for recommendations, you can also ask the firm if they have a portfolio of past projects. This will give you an idea of what types of buildings they specialize in and show examples of their work. If possible, take time to visit some sites that the architecture firm designed so you can see their work in person.
5. Make sure they have experience in the types of buildings you need
There are many different kinds of architecture, each specializing in a certain field. For example, if you were building a commercial property, hiring an architecture firm specializing in commercial properties would be best. In contrast, hiring an architectural firm for your home renovation project may not be the best idea because they may not have as much experience in that field.
It is essential to ask the firm about their past projects and what types of buildings they are comfortable working on.
6. Ask about their fees
Fees can vary significantly from one architecture firm to another. Therefore, it is essential to get an idea of the fees before signing any contracts.
Some firms may charge a flat fee, while others may charge by the hour. Be sure to ask about any additional expenses that may come up during the project, such as travel expenses or materials fees.
In conclusion, there are many things to consider when hiring an architecture firm. However, by following the tips in this blog post, you will find and hire a perfect firm for your project!
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