Research Insight

Top Feed Acidulants Companies: Yara (Norway), Kemin Industries Inc. (US) and Eastman Chemical Company (US)

The global feed acidulants market is estimated to be valued at USD 3.4 billion in 2023. It is projected to reach USD 4.7 billion by 2028, recording a CAGR of 6.2% during the forecast period. The post COVID-19 era has influenced the consumption of high-protein animal-based meals. Thus, players in the industry are undertaking multiple strategic initiatives such as agreements, innovative new product launches, acquisitions, and expansions to tap the growing market potential around the world, particularly in high-growth markets such as Asia.

• Published: March 2023

Surface Mount Technology (SMT) Companies - Fuji Corporations (Japan) and Nordson Corporation (US) are the Major Players

The surface mount technology (SMT) market is projected to grow from USD 5.8 billion in 2023 to USD 8.4 billion by 2028; it is expected to grow at a CAGR of 7.8% during the forecast period. The growing adoption of electric vehicles is one of the major drivers of the market.

Major Surface Mount Technology (SMT) Companies Include: 

• Fuji Corporations (Japan),
• Nordson Corporation (US),
• AB (Sweden),
• KLA Corporation (US), and
• Viscom AG (Germany) among others.

These companies operate globally and provide comprehensive surface mount technology equipment. They rely on their R& D capabilities and a balanced product potfolio to gain significant market share. 

• Published: March 2023

Clarifying Agents Companies - Milliken & Company (US) and ADEKA Corporation (Japan) are Leading Players in the Clarifying Agents Market

The clarifying agents market is projected to reach USD 338 million by 2027, at a CAGR of 7.5% from USD 235 million in 2022. The market growth is driven by influencing factors such as significant demand from end-industries such as packaging, consumer products, and electronics.

• Published: March 2023

Satellite Launch Vehicle Companies - SpaceX (US) and United Launch Alliance, LLC (US) are the Key Players

The satellite launch vehicle market is projected to grow from USD 15.7 billion in 2022 to USD 29.1 billion by 2027, at a CAGR of 13.1% during the forecast period from 2022 to 2027. The satellite launch vehicle market has witnessed significant growth in recent years due to the increasing demand for satellite-based services and applications, such as broadband internet, television broadcasting, remote sensing, and global positioning systems. The rise in space-based activities by private companies, such as SpaceX (US) and Blue Origin (US), has also contributed to the growth of the market by introducing innovative technologies and business models

• Published: March 2023

Top DevOps Companies - Progress Software. JFrog, Cisco, To The New

The DevOps market size is expected to grow from USD 10.4 billion in 2023 to USD 25.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period.

DevOps unifies people, processes, and technology in application design, development, delivery, and operations by combining development (Dev) and operations (Ops). DevOps makes it possible for formerly separate tasks such as development, IT operations, quality engineering, and security to coordinate and collaborate. Teams use DevOps culture, methods, and technologies to boost their trust in the applications they develop, improve how well they meet client expectations, and move more quickly toward business objectives. DevOps enables teams to continuously provide consumers with value by creating better, more dependable products.

Major DevOps Companies include

• Progress Software Corporation
• JFrog Ltd.
• Cisco 
• To The New

• Published: March 2023

GPS Tracking Device Companies - CalAmp Corp. (US) and Sierra Wireless, Inc. (Canada) are the Key Players

The GPS tracking device market is projected to grow from USD 3.1 billion in 2023 to USD 5.7 billion in 2028; it is expected to grow at a CAGR of 13.1% from 2023 to 2028. The growth of the market is attributed to growing number of commercial vehicles, such as trucks, buses, and vans, drive the market for GPS tracking devices. Vehicles that are engaged in the transportation of men, material, or machinery —where on-time delivery can make a significant difference in cost and productivity—are prompting players to adopt GPS-tracking devices.

• Published: March 2023

Top Cloud Native Applications Companies - IBM (US) and Oracle (US) | MarketsandMarkets

MarketsandMarkets forecasts the global cloud native applications market size is expected to grow from USD 5.9 Billion in 2023 to USD 17.0 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 23.7% during the forecast period. The improved security and app management, and usage of containers which are infrastructure agnostic and rooted in a cloud environment, hence enabling teams to develop apps that are cloud native, are a few driving forces that are encouraging the use of cloud native applications.

• Published: March 2023

Cloud Native Applications Industry Trends: Navigating the Future of Digital Innovation

According to MarketsandMarkets, the cloud native applications market is anticipated to increase at a compound annual growth rate (CAGR) of 23.7% between 2023 and 2028, from USD 5.9 billion in 2023 to USD 17.0 billion in 2028. The improved security and app management, and usage of containers which are infrastructure agnostic and rooted in a cloud environment, hence enabling teams to develop apps that are cloud native, are a few driving forces that are encouraging the use of cloud native applications.

• Published: March 2023

Cloud Native Applications Market Size & Share - Insights into the Global Landscape

The global market for cloud native applications will increase at a Compound Annual Growth Rate (CAGR) of 23.7% over the course of the forecast period, from USD 5.9 billion in 2023 to USD 17.0 billion by 2028.

• Published: March 2023

Top 5G IoT Companies - Verizon (US), China Mobile (China), and AT&T (US) | MarketsandMarkets

The 5G IoT market size is projected to grow from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period. The massive 5G IoT ecosystem and critical communication services are driving the growth of the 5G IoT market.

• Published: March 2023

Emerging Trends in the Global Logistics Automation Market: E-commerce Driving Efficiency

The global logistics automation market is expected to increase from USD 32.7 billion in 2023 to USD 51.2 billion by 2028, with a compound annual growth rate (CAGR) of 9.3% throughout the forecast period. The logistics business benefits from technological advancements such as robotics, artificial intelligence, and the Internet of Things (IoT) in the logistics automation market.

• Published: March 2023

Key Growth Drivers and Market Leaders in the Global Logistics Automation Market

The global logistics automation market is expected to increase from USD 32.7 billion in 2023 to USD 51.2 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 9.3% throughout the forecast period. The logistics business is benefiting from technological advancements such as robotics, artificial intelligence, and the Internet of Things (IoT) in the logistics automation market.

• Published: March 2023

Zoetis, Inc. (US) and Merck & Co., Inc. (US) are Leading Players in the Companion Animal Pharmaceuticals Market

The global companion animal pharmaceuticals market is projected to reach USD 19.6 billion by 2027 from USD 14.4 billion in 2022, at a CAGR of 6.3% during the forecast period. Increasing R&D investments for animal healthcare

• Published: March 2023

5G IoT Market Booms Trends Driving Growth in Connectivity, Smart Cities & More

According to projections, the size of the 5G IoT market will increase at a Compound Annual Growth Rate (CAGR) of 35.1% between 2023 and 2028, from USD 13.2 billion to USD 59.7 billion. The massive 5G IoT ecosystem and critical communication services are driving the growth of the 5G IoT market.

• Published: March 2023

5G IoT Market Booms at 35.1% CAGR: Growth Drivers & Key Players

With a Compound Annual Growth Rate (CAGR) of 35.1% over the course of the forecast period, the size of the 5G IoT market is expected to increase from USD 13.2 billion in 2023 to USD 59.7 billion by 2028. The massive 5G IoT ecosystem and critical communication services are driving the growth of the 5G IoT market.

• Published: March 2023

Construction Lubricants Companies - Shell plc (UK), ExxonMobil Corporation (US) and BP p.l.c. (UK) are Leading Players in the Construction Lubricants Market

The construction lubricants market is projected to grow from USD 9.0 billion in 2022 to USD 10.6 billion by 2027, at a CAGR of 3.3% during the forecast period. The market growth is primarily driven by factors such as rising automation in the construction industry and growing demand for high-quality lubricants. The high growth in the construction industry in the Asia Pacific and, Middle East & Africa region benefits the construction lubricant suppliers and fuels the global construction lubricants market.

• Published: March 2023

Robot End Effector Companies - Schunk (Germany) and Schmalz (Germany) are the Key Players

The global robot end effector market is expected to grow from USD 2.3 billion in 2023 to USD 4.3 billion by 2028, registering a CAGR of 13.5%. The markets growth is attributed to the surging demand for modular end effectors by various industries.

• Published: March 2023

AI Sensor Companies - Robert Bosch GmbH (Germany) and Teledyne Technologies Incorporated (US) are the Major Players

The AI sensor market is projected to reach USD 22.1 billion by 2028, from USD 3.0 billion in 2022, at a CAGR of 41.6%. Growing demand for AI sensors in IoT-based devices across home automation and automotive applications is one the major drivers of the market.

• Published: March 2023

Top Companies in Power Grid Industry - Hitachi Energy (Switzerland), Siemens (Germany) and General Electric (US)

The global power grid market is projected to reach USD 367.4 billion by 2028 from an estimated USD 282.1 billion in 2023, at a CAGR of 5.4% during the forecast period. Factors such as the electrification of industrial processes and fleets, and investments in upgrading and expanding transmission and distribution infrastructure are driving the growth of the power grids market.

• Published: March 2023

Top Companies List of Incident and IoT in Healthcare Industry - Cisco (US), IBM (US) and GE Healthcare (US) | MarketsandMarkets

The global IoT in Healthcare market size is projected to grow from USD 127.7 billion in 2023 to USD 289.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 17.8% during the forecast period. Various factors such as the rising focus on active patient engagement and patient-centric care, growing need for the adoption of cost-control measures in healthcare, increasing adoption of high-speed network technologies for IoT connectivity, evolution of complementing technologies, including AI and big data, and need for healthcare services in remote locations are expected to drive the growth of the IoT in healthcare market.

• Published: March 2023

IoT in Healthcare: 7 Emerging Trends Driving Market Growth

The global IoT in Healthcare market is expected to increase from USD 127.7 billion in 2023 to USD 289.2 billion in 2028, at a Compound Annual Growth Rate (CAGR) of 17.8% over the forecast period. Various factors, such as the growing emphasis on active patient engagement and patient-centric care, the growing need for cost-cutting measures in healthcare, the increasing adoption of high-speed network technologies for IoT connectivity, the evolution of complementary technologies, such as AI and big data, and the need for healthcare services in remote locations, are expected to drive the growth of the IoT in healthcare market.

• Published: March 2023

IoT in Healthcare Market Size, Share and Growth Landscape

The global IoT in Healthcare market is expected to increase from USD 127.7 billion in 2023 to USD 289.2 billion by 2028, with a compound annual growth rate (CAGR) of 17.8% throughout the forecast period. Several factors, including the growing emphasis on active patient engagement and patient-centric care, the growing need for cost-cutting measures in healthcare, the increasing adoption of high-speed network technologies for IoT connectivity, the evolution of complementing technologies, such as AI and big data, and the need for healthcare services in remote locations, are expected to drive the growth of the IoT in healthcare market.

• Published: March 2023

Nanosonics (US), STERIS plc (US), and Ecolab (US) are the Leading Players in the Ultrasound Probe Disinfection Market

The global ultrasound probe disinfection market is projected to reach USD 936 million by 2027 from USD 501  million in 2022, at a CAGR of 13.3% during the forecast period. The market growth is mainly driven by the growing number of ultrasounds imaging procedures and increasing incidence of hospital-acquired infections due to inappropriate reprocessing of ultrasound probes. However, high price of automated probe reprocessors are expected to restrain the growth of this market to a certain extent.

• Published: March 2023

Flow Computer Companies - Emerson Electric Co. (US), Honeywell International, Inc. (US) and ABB (Switzerland) are the Top Players

The flow computer market in oil & gas is projected to grow from USD 798 million in 2023 to USD 1,067 million in 2028; it is expected to grow at a CAGR of 6.0% from 2023 to 2028. The growth of the market is attributed to the technological advancements in oil & gas industry and need to maximize production potential from mature wells driving the flow computer.

• Published: March 2023

Bio-Acrylic Acid Companies - Arkema SA (France), BASF SE (Germany), LG Chem Ltd.(Korea) are Leading Players in the Bio-Acrylic Acid Market

The Bio-Acrylic Acid market is estimated to be worth USD 0.4 billion in 2022 and is projected to reach 0.9 billion by 2027, at a CAGR of 15.6%. Bio-acrylic acid is considered a more sustainable and environmentally friendly alternative to traditional acrylic acid, as it reduces the dependence on non-renewable resources and can potentially reduce greenhouse gas emissions associated with traditional acrylic acid production. It is used in a variety of applications, including the production of plastics, coatings, adhesives, and superabsorbent polymers.

• Published: March 2023

Global Quality and Lifecycle Management Software Market Size and Share Growth and Key Factors

According to MarketsandMarkets, the size of the worldwide QLM software market is anticipated to increase at a compound annual growth rate (CAGR) of 7.2% from USD 24.6 billion in 2022 to USD 34.9 billion by 2027. The presence of a large number of passenger cars has increased the need to improve the driving experience, which is encouraging the use of QLM software.

• Published: March 2023

Emerging Trends & Growth : Global QLM Software Market

According to MarketsandMarkets, the size of the global QLM software market is anticipated to increase at a compound annual growth rate (CAGR) of 7.2% between 2022 and 2027, from USD 24.6 billion to USD 34.9 billion. The presence of a large number of passenger cars has increased the need to improve the driving experience, which is encouraging the use of QLM software.

• Published: March 2023

IO-Link Companies - Siemens AG (Germany), Rockwell Automation, Inc. (US), OMRON Corporation (Japan) are the Key Players

The IO-Link market is projected to reach USD 33.9 billion by 2028 from an estimated USD 13.6 billion in 2023, at a CAGR of 20.0% from 2023 to 2028. The rise in demand for IO-Link solutions is attributed to growing demand of remote configuration, monitoring, and maintenance.

• Published: March 2023

Foremost Companies in the Acupuncture Needles Market: Seirin Corporation (Japan) and Suzhou Zhongjing Life & Science Technology Co., Ltd. (China)

The global acupuncture needles market is projected to reach USD 308 million by 2027 from USD 240 million in 2022, at a CAGR of 5.1% during the forecast period. Growth in this market is driven by the increasing prevalence of chronic diseases such as cancer and diabetes and the increasing prevalence of back, muscle, and neck pain.

• Published: March 2023

Top Quality and Lifecycle Management Software Companies - Aras (US), Arena Solutions (US), Oracle (US), SAP (Germany) and Micro Focus (UK)

According to MarketsandMarkets, the size of the worldwide QLM software market is anticipated to increase at a compound annual growth rate (CAGR) of 7.2% from USD 24.6 billion in 2022 to USD 34.9 billion by 2027. Because there are so many passenger cars on the road, there is a growing demand to enhance the driving experience, which is driving up the adoption of QLM software.

• Published: March 2023

Top Middle East and Africa Cybersecurity Companies - IBM (US), Sophos (UK) and Palo Alto Networks (US) | MarketsandMarkets

MarketsandMarkets forecasts the Middle East and Africa Cybersecurity market to grow from an estimated USD 22.2 billion in 2023 to USD 36.2 billion by 2028 at a compound annual growth rate (CAGR) of 10.2%. Rising cases of cybercrimes, stringent government regulations, digital transformation initiatives and digital payment solutions are some factors driving the Middle East and Africa Cybersecurity market growth.

• Published: March 2023

Silicon Battery Companies - Amprius Technologies, Inc. (US) and Enovix Corporation (US) are the Key Players

The global Silicon Battery Market Size is expected to grow from USD 55 million in 2023 to USD 414 million by 2028, at a CAGR of 49.5% from 2023 to 2028.

Silicon batteries can be used in various applications, from electric vehicles to medical equipment, energy, aviation, and consumer electronics. Excellent performance, long life, and greater safety make these batteries ideal for electric vehicles, energy storage, and aerospace applications.

• Published: March 2023

Middle East and Africa Cybersecurity Market - Secure Your Digital Future (Market Growth & Solutions)

The Middle East and Africa cybersecurity market is expected to develop at a compound yearly growth rate (CAGR) of 10.2%, from an estimated USD 22.2 billion in 2023 to USD 36.2 billion by 2028, according to MarketsandMarkets. Rising cases of cybercrimes, stringent government regulations, digital transformation initiatives and digital payment solutions are some factors driving the Middle East and Africa Cybersecurity market growth.

• Published: March 2023

Middle East & Africa Cybersecurity Market Trends Driving 10.2% CAGR Growth

According to MarketsandMarkets, the Middle East and Africa Cybersecurity market is expected to expand at a compound yearly growth rate (CAGR) of 10.2%, from an anticipated USD 22.2 billion in 2023 to USD 36.2 billion by 2028. Rising cases of cybercrimes, stringent government regulations, digital transformation initiatives and digital payment solutions are some factors driving the Middle East and Africa Cybersecurity market growth.

• Published: March 2023

Top Emotion Detection and Recognition Companies - IBM (US), NEC (Japan), and Cognitec (Germany) | MarketsandMarkets

The global emotion detection and recognition market size is projected to grow from USD 23.5 billion in 2022 to USD 42.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period. The widespread deployment of AI, ML, and deep learning technologies, the increasing need for emotion recognition models by intelligent systems, and the expanding popularity of wearable technology are the key drivers propelling market expansion.

• Published: March 2023

DENTSPLY SIRONA Inc. (US), and Envista Holdings Corporation (US) are leading players in the Dental Digital X-ray Market

The global dental digital X-ray market is projected to reach USD 7.0 billion by 2027 from USD 4.0 billion in 2022, registering a CAGR of 11.9% during the forecast period.

• Published: March 2023

Emotion Detection and Recognition Market - Top Trends Shaping the Future

The size of the global market for emotion detection and recognition is anticipated to increase at a Compound Annual Growth Rate (CAGR) of 12.8% from USD 23.5 billion in 2022 to USD 42.9 billion by 2027. The widespread deployment of AI, ML, and deep learning technologies, the increasing need for emotion recognition models by intelligent systems, and the expanding popularity of wearable technology are the key drivers propelling market expansion.

• Published: March 2023

Emotion Detection and Recognition Market Size, Share, Growth, and Future Landscape

At a Compound Annual Growth Rate (CAGR) of 12.8% over the course of the forecast period, the size of the global market for emotion detection and recognition is expected to increase from USD 23.5 billion in 2022 to USD 42.9 billion by 2027. The widespread deployment of AI, ML, and deep learning technologies, the increasing need for emotion recognition models by intelligent systems, and the expanding popularity of wearable technology are the key drivers propelling market expansion.

• Published: March 2023

Foremost Companies in the Sterility Testing Market: Charles River Laboratories (Us) and bioMérieux SA (FRANCE)

The global sterility testing market is expected to reach USD 1.9  billion in 2028 from USD 1.1 billion in 2023 at a CARG of 10.5%. Factors such as expanding pharmaceutical & biotechnology production capacities, increasing development of novel biopharmaceutical products, and rising investments in life sciences research are expected to drive market growth. However, the growing adoption of single-use technology and stringent regulatory guidelines for product approval are expected to restrain market growth to a certain extent.

• Published: March 2023

Lithium-ion Battery Binders Companies - Arkema (US) and Solvay (Belgium) are Leading Players in the Lithium-ion Battery Binders Market

The lithium-ion battery binders market is projected to grow from USD 1.6 billion in 2022 to USD 3.7 billion by 2027, at a CAGR of 18.7% during the forecast period. Growing demand for batteries in electric vehicle and consumer electronics along with the growing usage in energy storage devices is expected to drive the market during the forecast period. Key players in the lithium-ion battery binders market include Arkema (US), Solvay (Belgium), LG Chem (South Korea), ENEOS Corporation (Japan), and Zeon Corporation (Japan), among others.

• Published: March 2023

Market Leaders: Majority of Big Players are Focusing on Investment, Partnership and Expansion to Strengthen their Market Position in Potato Protein Market

According to MarketsandMarkets, the potato protein market is projected to reach USD 144 million by 2028 from USD 105 million by 2022, at a CAGR of 5.4% during the forecast period in terms of value. Potato protein being a type of plant-based protein consists of particularly high content of essential amino acids. It is produced together from potato starch and is available in the form of isolates and concentrates with approximately 78% high protein content. Most potato proteins are soluble in water and in water & salt solutions. Driving manufacturers in the potato protein demand is due to increasing joint and muscle mass-related health issues, especially among women.

• Published: March 2023

Automotive IoT Companies - NXP Semiconductors (Netherlands) And Harman (US) are the Key Players

The automotive IoT market is projected to grow from USD 131.2 billion in 2023 and is projected to reach USD 322.0 billion by 2028; it is expected to grow at a CAGR of 19.7% from 2023 to 2028.

• Published: March 2023

The key players operating in the patient handling equipment market include Arjo (Sweden), Baxter International, Inc. (US) and Savaria (Canada).

The global patient handling equipment market is projected to reach USD 14.0 billion by 2027 from USD 10.4 billion in 2022, at a CAGR of 6.2% during the forecast period.  Growth in this market is largely driven by the increasing number of geriatric and obese populations, growing risk of accidents to caregivers while manually handling patients, rising number of patient admissions in hospitals, and the implementation of regulations and guidelines to ensure healthcare worker safety during the manual lifting. However, improper training provided to healthcare providers for the efficient operation of patient handling equipment is a major challenge that is  hampering the market growth.

• Published: March 2023

Assured PNT Companies - L3Harris Technologies (US) and Honeywell International, Inc. (US) are the Key Players

Assured PNT systems play an important role in precise modern military warfare and enhance the functions of airborne, land, and naval platforms in navigation, positioning, and survivability. Assured PNT is made of four major products:

• Published: March 2023

Foremost Companies in the Population Health Management Market: Cerner Corporation (US) and Allscripts Healthcare Solutions, Inc. (US)

Population health management (PHM) refers to the practice of improving and managing the overall health of a population, with the aim of reducing disease, illness, and mortality. It involves the collection and analysis of health data, the development of strategies to address health disparities, and the implementation of activities to improve public health. PHM includes a variety of activities, such as public health surveillance, health promotion, health education, and health care delivery.

• Published: March 2023

Market Leaders: ADM (US), DSM (Netherlands), IFF (US), and Sensient Technologies Corporation (US) are Increasing their Market Shares Steadily Through Strategic Deals in Food Colors Market

The food colors market is projected to reach USD 6.0 billion by 2028 and growing from USD 4.6 billion by 2023 growing at a CAGR of 5.4% from 2023 to 2028. Food colors are contained in many processed food & beverage products, including snack foods, margarine, cheese, jams and jellies, desserts, and drinks, among others. The increase in consumption of natural colors, especially in developing countries due to rising disposable income, changing consumer preferences, and growing demand for convenience food among consumers are the key factors contributing to the growth of the market. Technological advancements, an increase in R&D activities, and consumer interest in organic products are the key factors projected to drive the growth of the food colors market in the developed markets of North America and Europe.

• Published: March 2023

Thermo Fishers Scientific (US), Danaher Corporation (US) and Corning Incorporated (US) are the Major Players in the Cell Dissociation Market

The cell dissociation market is projected to grow from USD 0.6 billion in 2023 to USD 1.4 billion by 2028 at a CAGR of 17.8%. The growth in this market is attributed to expanding pool of operational entities in the market and established protocols for using enzymatic dissociation agents are key contributors to market growth. Moreover, the growth opportunities in emerging markets are expected to provide growth opportunities for players in the cell dissociation market during the forecast period.

• Published: March 2023

Hologic, Inc. (US), Abbott Laboratories (US) and Grifols, S.A. (Spain) are Leading Players in the Isothermal Nucleic Acid Amplification Technology Market

The isothermal nucleic acid amplification technology market is projected to reach USD 6.8 billion by 2028 from USD 4.4 billion in 2023, at a CAGR of 9.2% during the forecast period. Growth in the isothermal nucleic acid amplification technology market can be attributed to factors such as recent launches of INAAT consumables by prominent market players and the high prevalence of infectious diseases.

• Published: March 2023

String Wound Filter Materials Companies - Market Leaders in String Wound Filter Materials Market

The market for String wound filter materials is approximated to be USD 1.4 billion in 2022, and it is projected to reach USD 1.8 billion by 2027 at a CAGR of 4.5%. String wound filter cartridge is a type of depth cartridge filter that is made by weaving yarn around a core. Materials used for the construction of a string wound filter cartridge include yarn and core. The yarn is wound over the core in a honeycomb-shaped weave pattern, which forms a gradient structure allowing better filtration. The performance of a wound filter cartridge also depends on the yarn type and the material of the core. Different types of yarns are used in the construction of string wound filter cartridges. Yarn types include polypropylene, cotton and others. Core is mainly made of polypropylene and stainless steel depending on the operating temperature and pressure.

• Published: March 2023

Illumina, Inc. (US), Thermo Fisher Scientific Inc. (US) and PerkinElmer Inc. (US) are Leading Players in the NGS Sample Preparation Market

The NGS Sample Preparation Market is projected to reach USD 4.0 billion by 2028 from USD 1.9 billion in 2022, at a CAGR of 13.4% during the forecast period. The key factors driving the growth of the global NGS sample preparation market are the increasing application in diagnostics and genetic research, and development of NGS data analysis solutions. However, the stringent regulatory policies are expected to restrain market growth to a certain extent.

• Published: March 2023