E-Commerce in India: What next after Flipkart-Walmart deal?

E-Commerce is the buzz word now in the start-up ecosystem of India. Dominated by foreign players like Amazon and Walmart, the Indian ecommerce industry is bustling with activity. No who doesn’t remember the Flipkart-Walmart deal. For more than a month the internet was busy speculating the specifications of this deal and the start-up ecosystem of India was rife with rumours of who is making what after the deal. In fact the media was obsessed with this news, from international players like the BBC and CNN to even native news apps and social media platforms were all talking about this deal which was set to become a landmark which will be etched in the history of Indian ecommerce market.

As per a study by Research on Global markets on E-commerce market in India “It is estimated that between 2018 and 2023 the value of the Indian e-commerce market will increase at a compound annual growth rate (CAGR) of nearly 41% from INR 2,375.43 Bn in 2017.” This can be attributed to the fact that internet users in the country are growing with each passing day and the purchase capacity of people is increasing at the same time. Hence, India is on a global map as the hotbed for new retail and financial services. So, what are the prominent moves that took place in India e-commerce market after the Flipkart-Walmart deal?

The latest buzz is about digital malls. An innovative concept which can revolutionize the India e-commerce ecosystem. Digital malls are basically a unique virtual portal for retailers to offer a unique and exciting shopping experience to consumers. Digital Malls of Asia (DMA) an initiative by Yokeasia Malls is an attempt to ease the pressure off retailers who are suffering due to boom in e-commerce in India. It’s a unique virtual mall where retailers will enjoy the liberty of being single sellers of a product category, this will eliminate undue competition and price advantage.

E-commerce Market in India

More importantly this virtual ecosystem will operate at zero -commission model unlike the major e-commerce platforms. Even payments driven through the DMA will come at no additional service charges. This takes away a huge cost burden off sellers and they can make their products available at cheaper prices for buyers. This should attract buyers to come to the virtual shopping mall and enjoy an all immersive digital shopping experience at much lower costs than other e-commerce market players in India.

The retailers are eagerly waiting for this disruptive concept to come alive and help them break the monopoly enjoyed by players like amazon when it comes to online shopping.

Download the free sample reports: https://www.researchonglobalmarkets.com/free-reports

Growing importance of Nutritional Supplements Market in India

Nutritional deficiencies is seriously detrimental to the overall health conditions, and typically result in damaging the DNA as well as chronic diseases. Nutritional supplements are compelling products to meet any kind of deficiencies in nutrition, and are devised to balance the daily intake of nutrients like vitamins and minerals. Ideally, eating a balanced diet ensures that you get all the essential nutrients. However, given the hectic schedule people follow nowadays, healthy eating can be a difficult proposition. This is where nutritional supplements step in to provide the additional nutrients that a diet lacks. Nutritional supplements are also beneficial for certain health conditions arising from any kind of dietary insufficiency.

Why nutritional supplements are witnessing massive popularity?

Nutrient supplementation is gradually gaining prominence as most fruits and vegetables are artificially cultivated nowadays and lack in key nutrient content. Since these plants lack nourishment, the animals that feed on these plants, in turn, remain undernourished. So, despite eating a nutritive diet comprising fruits, vegetables and meat, there are chances that people lack in vital nutrients. Also, following a low-calorie diet for losing weight has emerged as a trend, and the downside to following such a diet is the fact that you can lose out on the essential nutrients that are present on animal foods.

Nutritional Supplements Market in India

Another factor driving the popularity of the nutritional supplements market in India is the fact that nutrition supplementations provide all the basic micronutrients (vitamins and minerals) that the body lack, and these are generally safe because they contain only small amounts of each of these essential nutrients. Nutritional supplements are also beneficial in certain situations when the human body has a deficit of vital nutrients regardless of sticking to a healthy diet.

Not only in India, the adoption of nutritional supplements is rising globally, primarily driven by increased awareness about following a balanced diet, an aging population, higher healthcare costs, and increasing self-medication among consumers. Thanks to the widespread adoption of nutritional supplements, the nutritional supplement industry is witnessing significant growth and the trend is set to continue in the foreseeable future.

Download the free sample reports: https://www.researchonglobalmarkets.com/free-reports

What is driving the Popularity of Ambulatory Surgery Market in India?

Ambulatory surgery, which refers to a surgical procedure that allows patients to return home on the same day of the surgery, is gaining significant popularity across India. The rapid technological advancements in the Indian healthcare sector facilitates almost 60% of all surgeries to be performed at ambulatory surgical centre (ASC). Ambulatory care services are also provided at various healthcare facilities like dialysis clinics, hospital outpatient departments, and outpatient clinics, among others.

One of the most defining factors contributing to the unprecedented growth of the ambulatory surgery market in India is the improved outcomes on offer. Ambulatory surgeries takes lesser time, recovery is faster and there is 50% lesser chance of developing an infection when surgeries are performed in an ASC setting. Healthcare research studies on ankle fracture surgeries found that patients who underwent the surgery in an ASC had less chances of developing urinary tract infections, pneumonia and blood clots, and were less likely to need blood transfusions than those who received the surgery in a hospital setting. Further research showed that the time a patient spent in an ASC is almost 26% lower than in a hospital outpatient for the same surgery. Additionally, ASC patients were less likely to visit the hospital in the week following the surgery.

Ambulatory Surgery Market in India

Ambulatory surgeries are also a cost-effective option when compared to traditional surgeries. Ambulatory surgical centers can result in 45-60% lower costs when compared to hospitals, and offers significant savings to patients, insurers as well as taxpayers. Importantly, these cost savings typically come without compromising on the quality of the healthcare delivery. The considerably lower price of ASCs is simply due to the lean infrastructure and increased efficiency. The operational efficiency of ASCs is also down to the fact that they are not compelled to operate 24/7 and perform surgeries on an emergency basis. As a result, ASCs are highly specialized and agile.

Access full report or request for free sample at: https://www.researchonglobalmarkets.com/ambulatory-surgery-market-in-india-2018-2023.html

How the Global Telehealth Market is redefining Healthcare Delivery?

Doctors making house calls for checking on a patient has become a thing of the past nowadays. With the exemplary technology available for healthcare delivery, patients have access to medical professionals for a face-to-face conversation from within the comforts of their home. Telehealth services facilitates experiential healthcare delivery by leveraging cutting-edge IT solutions that allows health monitoring and patient consultation from even a remote location. Not only this, telehealth services allow as well as seamless transmission of medical records. Growing number of healthcare service providers are adopting telehealth as it offers to significant benefits to both patients and medical professionals. Amongst the emerging technologies in the healthcare industry, telehealth has been crucial for expanding and improving healthcare services, and it has also enhanced patient engagement with care providers considerably.

Telehealth services are witnessing increased adoption

Perhaps the biggest reasons for the widespread acceptance of telehealth services across the world is the easy access to on-demand care it offers. Through a telehealth communication, doctors typically inquire about symptoms, analyze treatment procedures and even prescribe medicines. Telehealth services have become life-saver for patients who are located in obscure locations that lack adequate means of transportation. The global telehealth market is also ripe with facilities for patients who are faced with mobility challenges or disabilities. Telehealth services has emerged as a boon for such patients, and has facilitated significant life improvement. Telehealth services also come in the aid of patients living with chronic conditions, which require frequent check-ups with the doctor.

Moreover, telehealth services are a cost-effective treatment option as it enables doctors to monitor patients outside the healthcare facilities, thereby eliminating hospital admission fees as well as other related charges. Moreover, telehealth services are deemed as a boon for the rural population who somewhat lack access to experienced medical professionals. Telehealth services facilitate communication between medical professionals and patients for healthcare service delivery even in the remotest locations. And the cost incurred by patients for telehealth consultations is often lower than fees levied on hospital visits. The potential to reduce these rates has made telehealth an attractive proposition in the global healthcare industry.

Research reports reveal that the market is expected to expand considerably in the foreseeable future, owing to the continued advancement of the telehealth services to provide innovative care delivery, health care consumerism, changing regulatory standards, and technological capabilities.

For more information, download global telehealth market : https://www.researchonglobalmarkets.com/global-telehealth-market-2017-2022.html

Benefits of Conducting Competitive Benchmarking of Mobile Gaming Companies

Benchmarking is currently being used by a number of businesses to manage, change and monitor company performance with respect to other companies operating in the same industry. Efficient management teams of companies operating in any industry typically compare their policies, products and strategies against a standard. However, in case of competitive benchmarking, the comparison is done against competition in the marketplace to gain better insights into current market conditions.

Relevance of Competitive Benchmarking in Mobile Gaming Industry

Competitive benchmarking of mobile gaming companies facilitates accurate comparisons and better understanding of how a particular game developer stacks up against its peers. Insight into the mobile gaming market portrays a clear picture of the global mobile gaming companies with respect to how they are placed in the market. It helps identify the best practices that can help companies remain competitive, by tracking the performance and activities of competitors. The benchmarking also provides an understanding about the operational efficiency of the entities. Start-ups as well as relatively smaller yet growing companies can track how leaders in gaming industry are performing in the market. Companies can also choose to trace their investments, organic and inorganic growth strategies, and innovations that their competitors are actively pursuing.

Competitive Benchmarking of Mobile Gaming Companies

Business benefits –
• With competitive benchmarking, companies can gain valuable insights about the leaders, challengers, innovators, and niche players
• Gain information about the prospective competitors for gaining an edge and progressing ahead of them rapidly
• Helps understand customer preferences for differentiating between competitors and their products
• Understand the kind of brand image that the mobile gaming companies have in the market
• Analyze how different companies are focusing on R&D and innovation
• Understanding how the competitors are planning expansion and product development, and where does their priorities lie
• With competitive benchmarking, companies can replenish business efforts and form new market strategies based on the evaluation
• The benchmark can also act as the early indicator of which companies are best suited for investments, prospecting, and strategic alliance