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Ride Sharsizeg Market size The Biggest Trends to Watch out for to size 2025
by trendsmarketresearch · December 26 Dion Phaneuf Senators Jersey , 2019
Ride-share technology, facilitated by the universal smartphone penetration, has annihilated the taxi industry; meanwhile, coincidentally, carmakers have enjoyed the record sales. In this article, we are going to consider some possible long-term ramifications of the ride-sharing for broader auto industry. Rather than the declining sales volumes, as a lot of pessimists have predicted, the biggest threat seems instead to be the increased vehicle homogenization. This holds the potential to drastically affect the profitability of the new vehicle manufacturing & the viability of used car industry in general terms.
The objective of this article is to analyze the key impact of the ride-share services like Uber & Lyft on the private transportation market. For the dealers Mike Condon Senators Jersey , financiers, & manufacturers, the volume of the car sales is a critical determinant of the financial success. Assuming the constant mark-up in either the new or the used car market, industry profits will be verbalized by the number & dollar volume of the retail sales ultimately made to consumers or ride-sharing companies & contractors. Forces that erode industry pricing power are also a critical concern.
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Since ride-sharing has only existed for a very short duration, it is probably way too early to empirically identify any kind of structural break which may have occurred as the result of new technology. For this reason, there will be a more theoretical approach, and a simplified economic model will be sketched out. We will also relax some of the assumptions in the framework & consider the effect on the volume & pricing.
The global ride sharing market size has been provided in terms of revenue. Market numbers have been estimated based on the commuting distance, vehicle type Mark Stone Senators Jersey , service provider, autonomy level, operating body,聽聽business model, electric vehicle type and geography segments. Market size and forecast for each commuting distance, service provider, vehicle type, autonomy level Derick Brassard Senators Jersey , operating body, electric vehicle type, and business model have been provided in terms of global and regionalcountry markets.
Asia Pacific comprises rapidly developing countries such as China & India. Demand for the ride-sharing & ride-hailing services is at its peak across these major nations in APAC and is estimated to surge in near future. Presence of the leading global service provider, ominously lower number of vehicles per 1000 people, lower GDP , & flexible laws by the governments are driving the ride-sharing market across the APAC region.
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Key players operating in the global ride-sharing market include Uber Technologies Inc., ANI Technologies Pvt. Ltd., Lyft Erik Karlsson Senators Jersey , Inc., Careem, Grab, Taxify, Gett, Beijing Xiaoju Technology Co, , BlaBlaCar Mike Hoffman Youth Jersey , Wingz, Inc, , and Cabify.
Report Description:聽 Endoscopy Equipment – Emerging Innovations Indicates Impressive Growth in Global Medical Industry
by HealthcareNews · October 9, 2019
The growth of this market is driven majorly by factors such as growing demand for endoscopy, growing investments, funds, and grants Jean-Gabriel Pageau Youth Jersey , rising number of hospitals and increasing hospital investments in endoscopy facilities, and technological advancements.
What The Market Looks Like?
The global endoscopy equipment market is projected to reach USD 35.2 billion by 2024 from an estimated USD 25.6 billion in 2019 at a CAGR of 6.6% during the forecast period.
Based on the product, the global market is segmented into endoscopes, visualization equipment, other endoscopy equipment, and accessories. Endoscopes accounted for the largest share of the market in 2018, and this segment is also estimated to grow at the highest CAGR during the forecast period. The dominant market share and growth rate of this segment can be attributed primarily to the rising adoption of minimally invasive procedures, increasing technological advancements Craig Anderson Youth Jersey , and the use of disposable endoscopes.
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Based on application, the market is segmented into laparoscopy, gastrointestinal endoscopy, arthroscopy, obstetricsgynecology endoscopy, urology, bronchoscopy, mediastinoscopy Ryan Dzingel Youth Jersey , ENT endoscopy, and other applications. The GI endoscopy applications segment is expected to command the largest share of the market and grow at the highest CAGR during the forecast period. Rising geriatric population, improving healthcare infrastructure in developing countries, and an increasing number of colonoscopy procedures performed in developed countries, are some factors supporting the growth of this applications segment.
Based on end-user, the market is segmented into hospitals, ambulatory surgical centers (ASCs)clinics, and other end users (diagnostic centers Nate Thompson Youth Jersey , mobile endoscopy facilities, and office endoscopy services). The hospital segment is expected to register the highest CAGR during the forecast period. This can be attributed to increasing government and private funding and the growing preference among physicians and patients to perform endoscopic procedures in a hospital-based environment.
What Drives The Market?
The growth of the global market for endoscopy equipment is primarily influenced by the following factors:
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