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Biomaterials Market Growth, Size, Share, Material, Application - Global Opportunity Analysis and Industry Forecast (2018-2023)
Meticulous Research® – leading global market research company published a research report titled “Biomaterials Market by Material Type [(Metal (Alloy, Pure Metal), Ceramic (Inert, Bioresorbable), Polymer, Natural Materials, Composites)], and Application (Heart Disease, Orthopedic, Opthalmic, Dental Application, Neurostimulator)- Global Forecast to 2023”
According to this latest publication from Meticulous Research®, the global biomaterials market will grow at a CAGR of 8.8% from 2018 to 2023 to reach USD 128.7 billion by 2023, driven by increasing incidence of chronic conditions with rising geriatric population, increasing demand for implantable medical devices, rising number of hip and knee replacements, significantly growing number of cosmetic & reconstructive plastic surgery procedures, and various technological advancements in this field. Moreover, factors such as growing healthcare market in emerging economies, increasing number of free trade agreement, and rising investments in the R&D for development of new biomaterials further provides major opportunities in the global biomaterials market.
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The global biomaterials market study presents historical market data in terms of value (2016 and 2017), estimated current data (2018) and forecasts for 2023 by type of material (metals & alloys, ceramics, polymers, composite materials, and natural materials), and application (cardiovascular, orthopedic, ophthalmology, dental, neurostimulators, and other applications). The study also evaluates industry competitors and analyzes the market at regional and country level.
Based on type of materials, metals & alloys held the largest share of global biomaterials market in 2017 and expected to continue its dominance during the forecast period owing to the wide adoption of metallic biomaterials in orthopedic implants due to their strength and resistance to fatigue degradation to provide strong and durable support & replacement to the damaged bones. In addition, they are also commonly used in dental, cardiovascular, and neuromuscular stimulation devices due to their good strength and electrical conductivity. However, composite biomaterials are the emerging and rapidly growing biomaterials owing to their rising adoption in various applications to optimize the level of mechanical, biological or chemical characteristics of various basic biomaterials in the bioimplants.
Based on application, cardiovascular disease area accounted for the major share in the global biomaterials market in 2017. This was mainly attributed to the rising adoption of implantable medical devices like pacemaker, defibrillators, valves, heart monitors, and stents, and others for the prevention of sudden cardiac deaths (SCD) in patients at high risk for SCD with increasing incidence of cardiac arrest, atrial fibrillation, and atherosclerosis; increasing burden of high blood pressure; and congenital heart defects. However, other applications including plastic surgery, wound healing, tissue engineering, urinary applications, and gastrointestinal application are expected to grow at the fastest CAGRs than other matured application areas during the forecast period.
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Based on geography, North America accounted for the major share of the global biomaterials market in 2017, followed by Europe, and Asia-Pacific. The major share of the North American region is mainly attributed to the matured healthcare market with higher healthcare expenditure, higher penetration & adoption of implantable medical devices and advanced surgical instruments, cordial reimbursement policies, and presence of large pool of patients with various chronic and non-communicable diseases. However, Asia-Pacific region offers lucrative growth potential for the biomaterials market during the forecast period owing to the increasing base of population with various chronic diseases, increasing awareness towards implantable devices coupled with rising healthcare expenditure, and increasing research and development activities in biomedical and translational field.
Key Players
The key players in the global biomaterials market are Koninklijke DSM N.V., Corbion N.V., EPTAM Plastics, Ltd., DiSanto Technology, Inc., CoorsTek Medical LLC, Carpenter Technology Corporation, Zapp AG, United Titanium, Inc., CAM Bioceramics B.V., Celanese Corporation, Victrex Plc, Wright Medical Group N.V., BASF SE, Evonik Industries AG, and Zimmer Biomet Holdings, Inc. among others.
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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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Industrial Enzymes Market by Type, Source, Form, Key Players, Global Industry Analysis, Forecast Year 2019 to 2024
Industrial enzymes are biological catalysts they accelerate chemical reaction. Industrial enzymes are mainly used in the pharmaceuticals, chemical, biofuel, food, feed, diagnostics, detergent, textile, paper, and leather industries etc. The demand for industrial enzymes is on continuous rise, owing to growing need for sustainable solutions. The broad biochemical diversity of microbes combined with the feasibility of large- scale production is the major factor responsible for the usage of microbes as the most common source of industrial enzymes.
The key factors driving the growth of industrial enzymes market are rising demand of biofuel, growing diversity in enzyme applications and niche products, increasing consumption of food and beverages, introduction of genetically engineered enzymes, and rising demand in textile industry. Moreover, new product innovation and expansion of application base, increasing demand from various industries in emerging economies, and industrial enzyme’s use as an alternative to synthetic chemical offer significant growth opportunities for industrial enzymes market players. However, stringent regulation and restricted temperature & PH levels of enzymes are expected to hinder the growth of this market to some extent. On the other hand, concerns related to quality, safety, and consumer perception towards enzymes is the key challenge of this market. In addition, recent advances in enzyme technology is the major trend observed in the industrial enzymes market.
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Analysis of Industrial Enzymes Market Segments
The global industrial enzymes market is segmented by Type (Carbohydrases, Proteases, Lipases, Phytases, and Others), Source (Plant, Animal, and Microorganisms), Form (Liquid, Solid), Application (Food Processing, Detergents and Cleaners, Biofuel, Textiles, Cosmetics, Leather Processing, Pulp and Paper, Animal Feed, and Others), and Geography.
Based on Type, carbohydrases segment commanded the largest share of the industrial enzymes market in 2018, owing to the increasing usage in food and beverages. Amylase is the most common type of carbohydrases, which finds applications in various industrial processes, such as food, fermentation, etc. However, protease segment is expected to witness a rapid growth during the forecast period. The rapid growth of this segment is primarily attributed to their growing use in the detergent industry.
Based on Application, the industrial enzymes market is segmented into food processing, detergents and cleaners, biofuel, textiles, cosmetics, leather processing, pulp and paper, animal feed, and others. Food processing segment accounted for the largest market share in 2018. The large share of this segment is mainly attributed to the rising demand for food, disposable income, and health awareness.
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Industrial Enzymes Market Key Players
The major players operating in the global industrial enzymes market are DSM N.V. (The Netherlands), F. Hoffmann-La Roche AG (Switzerland), AB Enzymes GmbH (Germany), Advanced Enzyme Technologies Ltd. (India), Sigma-Aldrich Corporation (U.S.), Adisseo France SAS (France), AEB Africa (Pty) Ltd. (South Africa), Zymetech ehf (Iceland), Enzymatica AB (Sweden), Novus International, Inc. (U.S.), Bioresource International, Inc. (U.S.), Biocatalysts Limited (U.K.), Lesaffre et Compagnie, SA (France), Qingdao Vland Biotech Co.,Ltd. (China), Aum Enzymes (India), Novozymes A/S (Denmark), Nature Bioscience Pvt.Ltd. (India), E. I. Du Pont De Nemours and Company (U.S.), BASF SE (U.S.), Dyadic International Inc. (U.S.), and Chr. Hansen Holding A/S (Denmark).
Industrial Enzymes Market Future Outlook
Industrial enzymes are most widely used in the food processing industry. The innovations in the field of various process technologies in the past decade have helped to improve the yield through fermentation, selection of appropriate enzymes, altered specificity, and increased stability. Such techniques have extended the applications of enzymes in the food technology and several other sectors. The food industry companies are continuously involved in developing new dairy products, beverages, and various food items for the consumers. With the development of new products in the food and beverage industry, the demand for industrial enzymes is expanding at a positive rate.
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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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Nutritional Premixes Market is Expected to Reach USD 12,397.8 Million by 2023, at a CAGR of 4.0%, Global Industry Forecast to 2023
Meticulous Research® – leading global market research company published a research report titled “Nutritional Premixes Market Global Opportunity Analysis and Industry Forecast (2018-2023)”.
According to this latest publication from Meticulous Research®, the global nutritional premixes market will grow at a CAGR of 4.0% from 2018 to 2023 to reach USD 12,397.8 million by 2023, driven by growing health and wellness trend, changing food landscape, increasing demand for fortified food products, convenience in usage as a single ingredient over multiple ingredients, and increasing demand for compound animal feed. In addition, expanding middle-class population in emerging economies with growing awareness of nutrition and emergence of developing countries as strong consumers for the feed applications provides a significant opportunity for the manufacturers of nutritional premixes globally.
The global nutritional premixes market is mainly segmented by type (vitamin premixes, mineral premixes, amino acid premixes, nucleotide premixes, fiber premixes, nutraceutical premixes, and others), form (powder and liquid), application (animal feed, nutrition and health supplements, food and beverages, pharmaceuticals, and others), and geography.
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Based on type, vitamin premixes commanded the largest share of the global nutritional premixes market in 2017 and are expected to dominate the global nutritional premixes market during the forecast period. The large market share of this segment is attributed to increasing consumer preferences for blends of different functional ingredients, multiple nutritional benefits of vitamins to humans and animals, growing consumption of vitamin supplements due to rising number of vitamin deficiency cases, and increasing demand for vitamin fortified feed and food products. However, nucleotide premixes market is expected to witness a rapid growth among all types during the forecast period, primarily due to the increasing demand from infant nutrition and nutraceutical sectors.
Based on form, powdered nutritional premixes commanded the largest share of the global nutritional premixes market in 2017 and are expected to dominate the market during the forecast period. The large share of this segment is mainly due to its advantages over a liquid form such as better homogeneity, ease of handling, simple transport economics, and better stability of premixes. However, the liquid form is expected to witness a rapid growth during the forecast period, due to its increasing demand from beverages manufactures.
Based on application, animal feed segment accounted for the largest share of the global nutritional premixes market in 2017, primarily due to growing livestock industry with the increasing meat consumption, ban on antibiotics, and increasing importance for animal health and wellness. However, food and beverages segment is expected to witness a rapid growth during the forecast period, mainly attributed to the large number of functional benefits offered by nutritional premixes to food and rising demand of fortified food and beverages products. It is being increasingly used to enhance flavour & texture, boost nutrient content, improve appearance, and add nutritional stability to finished products.
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Geographically, the global nutritional premixes market is segmented into North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, Australia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa. Asia-Pacific commanded the largest share of the global nutritional premixes market in 2017, followed by North America, and Europe. The largest share of this region is due to growing compound animal feed industry, growing economy, increasing demand of fortified food products, and rising investments from major players in the region.
Key Players
The key players operating in the global nutritional premixes market are Koninklijke DSM N.V. (The Netherlands), Glanbia Plc (Ireland), BASF SE (Germany), Corbion N.V. (The Netherlands), Watson Foods Co., Inc. (U.S.), Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), SternVitamin GmbH & Co. KG (Germany), Vitablend Nederland B.V. (The Netherlands), Hellay Australia Pty. Ltd. (Australia), Nutreco N.V. (The Netherlands), InVivo Agrosciences (France), Farbest-Tallman Foods Corporation (U.S.), Jubilant Life Sciences Ltd. (India), and Koninklijke Coöperatie Agrifirm U.A. (The Netherlands).
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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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Laboratory Information Management System Market Demand, Trend, Growth, Global Industry Analysis, Forecast Year 2018 to 2023
Meticulous Research®, leading global market research company published a research report titled “Laboratory Information Management System Market by Type (Multipurpose, Purpose built), Component (Services, Software), Delivery (On Premise, Web, Cloud), End User (Pharma, Biotech, MDx, Biobank, CRO, F&B, Oil, Gas, Petroleum, Chemical, Environment) – Global Forecast to 2023”.
According to this latest publication from Meticulous Research®, the global laboratory information management system market will grow at a CAGR of 7.3% from 2018 to 2023 to reach USD 1,133.5 million by 2023, driven by various factors such as growing automation in laboratories, technological advancements in LIMS systems, growing need for regulatory compliance, and increasing R&D spending, and increasing awareness through conferences, seminars & workshops. Emerging economies such as Latin America, Asia-Pacific, and Middle East & Africa further provides significant potential for growth. Moreover, rapid adoption of cloud-based LIMS solutions provides immense growth opportunities for various stakeholders in the laboratory information management system market.
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The laboratory information management system market is mainly categorized by type (multi-purpose LIMS, and purpose-built LIMS), mode of delivery (on-premise solutions, cloud-based solutions, and web-based solutions), component (services and software), end user (life sciences industry, food & beverage and agriculture industries, petrochemical and oil & gas industries, chemical testing laboratories, environmental testing laboratories, and others), and by geography.
Based on type, multi-purpose LIMS segment is expected to continue to dominate the market during the forecast period, mainly due to various technological advancements in LIMS, growing replacement of old legacy LIMS with COTS LIMS, and growing application of LIMS in biobanking, academic research institutes, and CROs.
Based on mode of delivery, on-premise solutions held the largest share in the laboratory information management system market in 2017. This is mainly because these solutions are more customizable than other deployment models; laboratories have total ownership and authority; and this model is perceived to be more secure.
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On the basis of component, services is the largest component of laboratory information management system market in terms of value, mainly due to huge demand for cloud services and increasing lab automation which subsequently propels the demand for LIMS services such as implementation, validation, integration, maintenance, and training and support.
Based on end user, life sciences industry commanded the largest share in the laboratory information management system market in 2017, mainly due to growing regulatory pressure to maintain data integrity, validity, and security. Moreover, increasing need to improve lab productivity and cost efficiency and trend towards automation is driving life sciences industries to invest in lab informatics.
Key Players
The major players in the global laboratory information management system market are Abbott Informatics (a subsidiary of Abbott Laboratories), Astrix Technology Group, Autoscribe Informatics, Blaze Systems Corporation, Computing Solutions, Incorporated (CSI) (LabSoft), Csols, Inc., Dassault Systemes SE, EuSoft Srl., Genohm SA, Genologics, Inc., (Illumina Company), Dohmen Company (HORIZON), Infosys Limited, LabLynx, Inc., LabVantage Solutions, Inc., LabWare, Inc., LabWorks LLC, Novatek International, Promium, LLC, Thermo Fisher Scientific Inc., and Waters Corporation, among others.
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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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#Pharma#Biotech#Chemical#Biobank#Research#MDx#Environment#Oil#Gas#Petroleum#Healthcare#Food#Beverages
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Industrial Margarine Market Worth $2,945.5 million by 2023 at a CAGR of 3.0%, Global Industry Analysis, Forecast Year 2018 to 2023
Meticulous Research® – one of the leading global market research companies published a research report titled “Industrial Margarine Market – Global Opportunity Analysis and Industry Forecast (2018-2023)”
According to this latest publication from Meticulous Research®, the global industrial margarine market will grow at a CAGR of 3.0% from 2018 to 2023 to reach USD 2,945.5 million by 2023, driven by increasing consumption of margarine, growing bakery and confectionery industry, and low price of margarine. However, factors such as rising health issues and disorders related to obesity, growing need to comply with international quality standards, and stringent regulations are expected to hinder the growth of this market to some extent.
Key Market Segments to Watch
The global industrial margarine market is mainly segmented by type (all-purpose margarine, spreadable margarine, butter blend margarine, spray margarine), form (hard and soft), source (plants and animals), application (bakery, confectionery, toppings, sauces, spreads, convenience food, and others), and geography.
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Based on type, all-purpose margarines accounted for the major share of the global industrial margarine market in 2017, owing to its range of benefits, such as it ensures high organoleptic properties of the finished product (clean milky taste and aroma) throughout the shelf life, stability of shape of deposited products after baking, and high resistance to oxidizing (low acid and peroxide values). It is also characterized by good aeration properties, as it has the ability to absorb air producing rich mass saturated with air; and has a presence of specially developed emulsifiers in its formula, promoting formation of fine emulsion. In addition, all-purpose margarine has good frying properties, produce a pleasant smell during frying, have good spread ability and flavor release, and create good volume in cakes and creams. These properties further increase the demand of all-purpose industrial margarine in many countries across the globe.
Based on form, hard margarine accounted for the major share of the global industrial margarine market in 2017, due to its ability of being resistant to oxidation. It can also, however, generate a firm texture that is less spreadable. Based on source, plant sourced industrial margarine held the largest share of the market in 2017 and is expected to dominate market during the forecast period, as it contains less calories; rich in antioxidants, especially carotenoids; and has high oxidative stability due to its high level of natural antioxidants and high saturated fatty acid content.
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Regional Market Growth Trends
Geographically, this market is segmented into North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and RoE), Asia Pacific (China, India, Japan, Australia, and RoAPAC), Latin America, and Middle East & Africa. Asia Pacific region is expected to witness significant growth during the forecast period due to rising household income and consumption levels, which have increased the demand for bakery products; high levels of foreign investment and large numbers of foreign-funded enterprises that promote technologies improvements in the industry; strengthening government food regulations, which standardized the operations and maintained consumer confidence in food safety; and growing consumer preferences for high-quality products.
Top Companies Operating in the Global Industrial Margarine Market
The key players operating in the global industrial margarine market are Wilmar International Limited (Singapore), Bunge Limited (U.S.), Remia C.V. (The Netherlands), Currimjee Group (Mauritius), FUJI OIL HOLDINGS INC. (Japan), Richardson International Limited (Canada), s.a. Aigremont n.v. (Belgium), Vandemoortele (Belgium), NMGK Group (Russia), EFKO Group (Russia), Royale Lacroix SA (Belgium), Conagra Brands, Inc. (U.S.), and Puratos Group NV (Belgium).
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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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Breast Imaging Market Worth $5,128.5 million by 2024 at a CAGR of 8.2%, Global Industry Analysis, Forecast Year 2019 to 2024
Meticulous Research® –leading global market research company published a research report titled “Breast Imaging Market by Technology [Ionizing (FFDM, Analog, 3D Mammogram, PEM, CT, CBCT, EIT), Non-Ionizing (Breast Ultrasound, Breast MRI, AWBU, Breast Thermography)], End User (Hospital, Diagnostic Imaging Center) - Global Forecast to 2024”
Future looks buoyant for breast imaging
In a report published, Meticulous Research® has stated that the size of the global breast imaging market will reach $5.13 Billion by 2024. The researchers believe that the growth will be driven by a variety of factors. These include: rising prevalence and incidence of breast cancer, growing awareness forearly detection of breast diseases, technological advancements in breast imaging equipment, increasing investment and funding in R&D for breast cancer treatment, rising women aging population, and launch of advanced systems and software for diagnosing dense breast tissue.
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The report states that ionizing technology accounts for the largest share of the market. Meticulous Research® speculated as to why this area has emerged as the largest segment: “The higher adoption of this technology for breast cancer screening is majorly attributed to their availability in the market from last many decades, continuous ongoing technological advancements to offer better results, and increasing incidence and prevalence of breast cancer”.
Moreover, within ionizing technology, Full Field Digital Mammography (FFDM) segment commanded the largest share due to higher detection rate of malignant breast cancer coupled with lesser relative cost compared to other ionizing technologies. Though FFDM has the largest share, 3D Breast Tomosynthesis (3DBT) expected to be the fastest growing segment due to its rising adoption with advantages such as sharp image outcomes and decreased recall rates. Based on technology, non-ionizing technology is expected to grow at the fastest CAGR due to their advantages such as enhanced safety, accurate detection of breast tumor location, and higher sensitivity for smaller breast lesion in dense breast women.
On the basis of end-user, hospitals commanded the largest share owing to higher purchasing power, well-equipped operating & diagnostic rooms, presence of highly skilled healthcare professionals, ease in accessibility, and better health coverage for hospital based healthcare services from various private and group insurance plans.
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This research report analyzes major geographies and provides comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and RoE), Asia-Pacific (Japan, China, India, and RoAPAC), Latin America, and the Middle East & Africa. North America captured a significant share in 2018, while Asia Pacific is expected to register highest CAGR during the forecast period. The high growth of this region in the forecast period will be due to accelerated economic growth of many countries, growing government focus on healthcare sector, rising prevalence of breast tumor, increasing health insurance penetration, and growing female aging population in the region.
Key players operating in the global breast imaging market are Hologic, Inc., GE Healthcare, Siemens Healthcare GmbH, Carestream Health Inc., Koninklijke Philips N.V., FUJIFILM Holdings America Corporation, Canon Medical Systems Corporation, Hitachi Medical Systems, Dilon Technologies, Inc., CMR Naviscan Corporation, Aurora Healthcare US Corporation, Planmed Oy, and SonoCine Inc. among others.
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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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With the industrial revolution, life sciences industry embarks the new phase of transformation in technologies.
Meticulous Research® – leading global market research company published a research report titled “Life Sciences and Laboratory Equipment Market by Technology (Spectroscopy, Chromatography, Lab Automation, Surface Science, DNA Amplification & Sequencing, Immunoassay Analyzer, Flow Cytometry, Microarray, Electrophoresis) and End User- Global Forecast to 2023”
The Driving Forces in the Life Sciences and Laboratory Equipment Market
According to this latest publication from Meticulous Research®, the global life sciences and laboratory equipment market is expected to grow at a CAGR of 7.2% from 2018 to 2023 to reach USD 55,932.4 million by 2023, driven by various government initiatives, increasing investments and funding for life sciences, increasing clinical capabilities, expansion in the various application areas, and growing academic-industry collaborations. Moreover, growing proteomics market, rising investments in the personalized medicine, growing data analysis and management systems, and significant opportunities from emerging Asia-Pacific and Latin American markets provides significant opportunities for the various stakeholders in this market.
The global life sciences and laboratory equipment market is mainly segmented by technology (spectroscopy, chromatography, lab automation, surface science, DNA amplifiers & sequencers, immunoassay analyzers, flow cytometry, microarray, and electrophoresis), and end user (pharmaceuticals and biotechnology industry, environmental testing industry, academic research institutes, agriculture and food industry, hospitals & diagnostic laboratories, and forensic laboratories), and geography.
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Based on technology, spectroscopy held the largest share in the global life sciences and laboratory equipment market in 2017. This was mainly attributed to increasing need of sophisticated instruments for separation and purification of molecules, growing proteomics & genomics-based research, rising government funding for R&D in emerging countries, and increasing life science-based research programs.
Based on end users, pharmaceutical & biotechnology industry commanded the largest share in 2017 due to increasing demand for innovative products with rising aging population, growing incidence & prevalence of various chronic diseases, rising unmet medical needs in the area of many chronic & rare disease across the globe, and increasing demand for pharmaceutical & biopharmaceutical products from emerging countries.
Geographically, this market is segmented into North America (U.S., and Canada), Europe (Germany, France, U.K., Italy, Spain, and RoE), Asia Pacific (Japan, China, India, and RoAPAC), Latin America, and Middle East & Africa. North America commanded the largest share in the global life sciences and laboratory equipment market in 2017, followed by Europe and Asia-Pacific. The large share of this market is mainly attributed to rising drug discovery & development programs, increasing funding for life science research from various private & public organizations, growing life sciences sector (biotechnology/healthcare) based research, presence of many key vendors in this region, and increasing development in healthcare technologies. However, Asia Pacific and Latin America regions are expected to witness significant growth during the forecast period due to rapidly developing countries, high population zone, increasing investment from government & non-government bodies in this sector, and various technological advancements in the region.
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The key players in the global life sciences and laboratory equipment market are Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Danaher Corporation, Waters Corporation, PerkinElmer, Inc., Becton, Dickinson and Company, F. Hoffmann-LA Roche AG, Bruker Corporation, Bio-Rad Laboratories, Inc., and Shimadzu Corporation.
Key questions answered in the report: -
Which are the high growth market segments in terms of technology, end user, and regions/countries?
What is the historical market for life sciences and laboratory equipment across the globe?
What are the market forecasts and estimates from the period 2018-2023?
What are the major drivers, restraints, and opportunities in the global life sciences and laboratory equipment market?
Who are the major players in the global life sciences and laboratory equipment market and what share of the market do they hold?
Who are the major players in various countries and what share of the market do they hold?
What are the competitive landscapes and who are the market leaders by sub-region in the global life sciences and laboratory equipment market?
What are the recent developments in the global life sciences and laboratory equipment market?
What are the different strategies adopted by the major players in global life sciences and laboratory equipment market?
What are the geographical trends and high growth regions/ countries?
Who are the local emerging players in the global life sciences and laboratory equipment market and how do they compete with the global players?
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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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Humanoid Robot Market Demand, Current Outlook, Future Growth, Size – Global Industry Analysis, 2019-2025
Meticulous Research® – leading global market research company is researching on humanoid robot market titled “Humanoid Robot Market by Motion Type (Biped, Wheel Drive), Component (Hardware, Software), Application (Education and Entertainment, Research & Space Exploration, Personal Assistance and Caregiving, Search and Rescue, Public Relations), and Geography- Global Forecast to 2025”.
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Robotic industry is witnessing a significant surge in past few years and the growth is not expected to cease anytime soon. Robots are taking over humans for performing critical and monotonous tasks and offer exceptional productivity and repeatability. Out of several forms and types of robots, humanoid robots have always created interest and are now playing a vital role across several end-use applications. Various factors such as rising adoption of humanoid robots in retail industry for personal assistance, increasing use of robot in education and research purposes, and significant technological advancement in the robotics are driving the growth of the humanoid robot market across the globe. In addition, rapidly ageing population as well as increasing number of rehabilitation centers are further augmenting the growth of the humanoid robot market as it can provide a helping hand to elderly people.
Software Dominate the Humanoid Robot Market in 2019
Based on components, humanoid robot market is classified into hardware and software. Software commanded the largest share in the humanoid robot market in 2018. Owing to extensive adoption of artificial intelligence algorithms in humanoid robots to boost robot’s performance, software segment is expected to retain its dominance throughout the forecast period.
Biped Motion Type Dominate the Humanoid Robot Market in 2019
Biped motion type commanded the largest share of the humanoid robot market in 2018. The share of this segment is mainly attributed to rising demand of biped robots as they are capable of walking on the feet like humans. In addition, the advancement in technology has made humanoid robots more stable with the precise movements, leading to its high demand from almost every application.
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North America Dominates the Market, While APAC Leads the Growth
North America commanded the largest share of the humanoid robot market in 2018, followed by Europe and Asia-Pacific. The major share of this region is mainly attributed to the rising adoption of humanoids for all the major applications such as public relation, personal assistance and caregiving, and education and entertainment. However, Asia Pacific region is expected to register the fastest CAGR during the forecast period owing to growing geriatric population in major economies such as China, India, and Japan.
Key players
The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 5 years (2015-2019). The key players operating in the global humanoid robot market are SoftBank Corp. (France), KAWADA Robotics Corporation (Japan), Honda Motor Co., Ltd (Japan), PAL Robotics (Spain), Toyota Motor Corporation (Japan), Hajime Research Institute, Ltd. (Japan), ROBOTIS (South Korea), HANSON ROBOTICS LTD. (Hong Kong), UBTECH Robotics, Inc. (China), DST Robot Co., Ltd. (South Korea), Engineered Arts Ltd (U.K.), ROBOTLAB Inc. (U.S.), Qihan Technology Co., Ltd. (China), Trossen Robotics (U.S.), and Willow Garage (U.S.).
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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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Radiotherapy Market - Global Opportunity Analysis and Industry Forecast (2019-2025)
Meticulous Research® – leading global market research company published a research report titled “Radiotherapy Market by Product (Radiotherapy devices, Software, Service), By Procedure (EBRT, Brachytherapy, Systemic Radiotherapy), By Technology (IMRT, SRT, VMAT, HDRBT, LDRBT, PDRBT), By Application (Prostate, Breast) – Global Forecasts to 2025”.
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According to this latest publication from Meticulous Research®, the global radiotherapy market is expected to grow at a CAGR of 5.6% from 2019 to reach $10.15 billion by 2025. The growth in radiotherapy market is mainly attributed to growing awareness about the benefits of radiotherapy for cancer control and eradication, increasing incidence & prevalence of cancer, and technological advancements in the field of radiotherapy. In addition, significant opportunities from emerging economies and growing government investments for treatment of cancer offer growth opportunities for the players operating in this market. However, high cost and complexities associated with the radiation procedures, paucity of skilled healthcare professionals, and lack of advanced infrastructure facilities are the key factors expected to hinder the adoption of radiotherapy products.
Growth Prospects in Radiotherapy Market
The global radiotherapy market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025 - by product (radiotherapy devices, radiotherapy consumables & accessories, software, and services), by procedure (external beam radiotherapy and internal beam radiotherapy), by technology (external beam radiotherapy (IMRT, IGRT, SRT, 3DCRT, Particle Therapy), internal beam radiotherapy (high-dose rate brachytherapy, low-rate brachytherapy, image-guided brachytherapy, pulse-dose rate brachytherapy, intravenous systemic radiotherapy and oral systemic radiotherapy), application (breast, prostate, brain, lung, lung, head & neck, colorectal, cervical, and others), end user (hospitals, independent radiotherapy centers, cancer research institutes), and Geography. The study also evaluates industry competitors and analyzes the market at regional and country level.
Based on product, the radiotherapy devices segment accounted for the largest share of this market in 2018. The large share of this segment is mainly attributed to increasing installations of radiotherapy systems globally and frequent product launches with advanced technology.
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Based on procedure, the external beam radiotherapy segment accounted for the largest share of this market in 2018. The large share of this segment is mainly attributed to higher & growing adoption of external beam radiotherapy procedures due to better clinical outcomes and less damage to normal tissues even at high radiation dose, and increasing installations of the external beam radiotherapy systems, globally. In external beam radiotherapy segment, linac based teletherapy accounted for the largest share. The high growth of this segment can be attributed to their growing adoption owing to accuracy in tumor treatment, high radiation penetration, and radiation deposition within small volume limiting damage to normal cells.
Based on technology, the external beam radiotherapy market is classified into IMRT, IGRT, SRT, 3DCRT, Particle Therapy, and VMAT. The particle beam therapy segment is projected to grow at a fastest CAGR during the analysis period, mainly due to continuous innovations in the particle beam therapy technologies, increasing availability of advanced proton therapy systems, and increasing investment in the proton therapy room across the globe.
Based on application, breast cancer segment is forecasted to grow at a fastest CAGR during the forecast period due to rising incidence of breast cancer and related mortality, rising diagnosis and treatment rate of the disease with growing awareness about the fatality and benefits of early diagnosis and treatment across the globe.
The hospitals segment held the largest share in the global radiotherapy market in 2018. This is primarily attributed to large volume of radiotherapy procedures performed in hospitals owing to their easy accessibility, availability of advanced infrastructure, and availability of wide range of healthcare services across various disease areas. Growing number of hospitals and government initiatives to develop advanced healthcare facilities are further supporting the growth in this segment.
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This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and RoAPAC), Latin America, and Middle East & Africa. North America commanded the largest share of the global radiotherapy market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific region is expected to grow at the higher CAGR during the forecast period. Growth in this market is expected to be driven by large pool of cancer patients; increasing government focus on healthcare sector; and increasing disposable income of the population driving access to better healthcare services and cancer diagnosis and treatment. In addition, favorable government policies and healthcare structural reforms are further expected to drive the market growth.
Key players
The key players operating in the global radiotherapy market are Varian Medical Systems, Inc., Elekta AB, Accuray Incorporated, C. R. Bard, Inc., Mevion Medical Systems, Inc., Hitachi, Ltd., ViewRay, Inc., Panacea Medical Technologies Pvt. Ltd., IsoRay, Inc., Optivus Proton Therapy, Inc., P-Cure, Ltd., Provison Healthcare, LLC, Ion Beam Applications S.A., and Theragenics Corporation.
Key questions answered in the report-
Which are the high growth market segments in terms of product, procedure, technology, application, end-user, and region/countries?
What was the historical market for radiotherapy across the globe?
What are the market forecasts and estimates for the period 2019–2025?
What are the major drivers, restraints, challenges, and opportunitiesss in the global radiotherapy market?
Who are the major players in the global radiotherapy market?
How is the competitive landscape and who are the market leaders in the global radiotherapy market?
What are the recent developments in the global radiotherapy market?
What are the different strategies adopted by the major players in the global radiotherapy market?
What are the geographical trends and high growth regions/ countries?
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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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Livestock Diagnostics Market - Global Opportunity Analysis and Industry Forecast (2019-2027)
Meticulous Research®– leading global market research company published a research report titled “LivestockDiagnostics Market by Product (Consumables, Systems, Software), Technology (Immunodiagnostics, Molecular Diagnostics), Animal Type (Ruminants, Poultry, Swine), End User (Reference Lab, Veterinary Hospital and Clinic, POC) - Forecast to 2027”.
According to this latest publication from Meticulous Research®, the livestock diagnostics market is expected to grow at a CAGR of 7.8% between 2019-2027 to reach $1.85 billion by 2027. The high growth of livestock diagnostics market is mainly attributed to the rising demand for livestock derived food products, rising prevalence of food borne and zoonotic diseases, favorable government initiatives, and advancements in the veterinary diagnostics field.
The overall livestock diagnostics market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2027 - by product [consumables (by diseases - bovine viral diarrhea (BVD), influenza, foot and mouth diseases (FMD), and other diseases), systems, software], technology [immunodiagnostics (including ELISA tests and other immunodiagnostic tests), molecular diagnostics (including polymerase chain reaction, and other molecular diagnostic tests), and other technologies], animal type [ruminants, poultry, swine, and other animals (including equine and fish)], end user [veterinary hospitals and clinics, reference lab, point of care). The study also evaluates industry competitors and analyzes the market at regional and country level.
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On the basis of product, the consumables segment accounted for the largest share of the overall livestock diagnostics market in 2019. This segment is projected to grow at the fastest CAGR during the forecast period. The commercial availability of diverse range of reagents and consumables for the diagnosis of various diseases and animal health screening; their expenses being recurrent in nature; and growing awareness leading to its frequent use are some of the key factors propelling the growth of this product segment. Moreover, emergence of various POC tests and assays serves as significant opportunity for the players operating in the livestock diagnostic consumables market.
On the basis of technology, ELISA technology-based tests accounted for the largest share of the overall livestock diagnostics market in 2019 and expected to register the fastest growth during 2019-2027. Some of the key factors fueling the growth of this segment are continuous development of new biomarkers, cost benefit, high accuracy and sensitivity, and growing adoption of automated platforms for ELISA.
On the basis of animal type, the overall livestock diagnostics market is segmented into ruminants, swine, poultry, and other animals. In 2019, ruminants segment dominated the overall livestock diagnostics market. This is mainly attributed to the availability of wide number of commercialized diagnostic products for all types of ruminants, prevalence of various infectious diseases in ruminants, growing consumption of food products derived from cattle and goats, and initiatives & schemes undertaken by the governments for improving the health of these animals.
Geographic Review:
This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, and RoAPAC), Latin America, and the Middle East & Africa. North America commanded the largest share of the global livestock diagnostics market in 2019, followed by Europe and Asia Pacific. Increasing awareness for animal disease diagnosis, and increased spending on farm animals is accelerating the livestock diagnostics market in the North American region. However, Asia Pacific region is expected to grow at the highest CAGR during the forecast period due to large population of livestock animals, rising incidence of various diseases in animals, and growing veterinary expenditure in this region.
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Key Players:
The key players operating in the global livestock diagnostics market are IDEXX Laboratories, Inc. (U.S.), Zoetis Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), bioMérieux S.A. (France), Qiagen N.V. (Netherlands), Agrolabo Spa (Italy), Neogen Corporation (U.S.), IDvet (France), and GD Animal Health (Netherlands) among others.
Table of Contents
1. Introduction
1.1. Market Definition 1.2. Market Ecosystem 1.3. Currency and Limitations 1.3.1. Currency 1.3.2. Limitations 1.4. Key Stakeholders 2. Research Methodology
2.1. Research Process 2.1.1. Secondary Research 2.1.2. Primary Research 2.1.3. Market Size Estimation 3. Executive Summary 4. Market Insights
4.1. Introduction 4.2. Drivers 4.2.1. Rising Demand for Poultry-Derived Food Products 4.2.2. Rising prevalence of food borne and zoonotic diseases 4.2.3. Favorable government initiatives 4.2.4. Advancements in veterinary diagnostics & in-clinical diagnostic methods 4.3. Opportunity 4.3.1. Growth Prospects in Emerging markets 4.4. Challenges 4.4.1. Shortage of Veterinary Practitioners for farm animals 5. Global Livestock Diagnostics Market, by Product
5.1. Introduction 5.2. Consumables 5.2.1. Consumables Market, By Diseases 5.2.1.1. Bovine Viral Diarrhea (BVD) 5.2.1.2. Influenza 5.2.1.3. Foot and Mouth Diseases (FMD) 5.2.1.4. Other Diseases 5.3. Systems 5.4. Software 6. Global Livestock Diagnostics Market, by Technique
6.1. Introduction 6.2. Immunodiagnostics 6.2.1. ELISA Tests 6.2.2. Other Immunodiagnostic Tests 6.3. Molecular Diagnostics 6.3.1. PCR Tests 6.3.2. Other Molecular Diagnostic Tests 6.4. Other Technologies 7. Global Livestock Diagnostics Market, by Animal Type
7.1. Introduction 7.2. Ruminants 7.3. Swine 7.4. Poultry 7.5. Other Animals 8. Global Livestock Diagnostics Market, by End User
8.1. Introduction 8.2. Reference Laboratories 8.3. Veterinary Hospitals & Clinics 8.4. Point-Of-Care/In-House Testing 9. Global Livestock Diagnostics Market, by Geography
9.1. Introduction 9.2. North America 9.2.1. U.S. 9.2.2. Canada 9.3. Europe 9.3.1. Germany 9.3.2. France 9.3.3. U.K. 9.3.4. Italy 9.3.5. Spain 9.3.6. RoE 9.4. Asia-Pacific 9.4.1. Japan 9.4.2. China 9.4.3. India 9.4.4. RoAPAC 9.5. Latin America 9.6. Middle East & Africa
…..Continued
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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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