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Lab Automation Market worth $7.71 billion by 2029

The report "Lab Automation Market by Product (Robotic Arm, Microplate Readers, Workstation, LIMS, ELN), Application (Drug Discovery, Diagnostics, Genomics, Proteomics, Microbiology), End User (Pharma, Diagnolab, Forensics, Environmental) - Global Forecast to 2029", will reach USD 7.71 billion by 2029 from USD 5.85 billion in 2024 and grows at a CAGR of 6.9% in the forecast period. High-throughput screening, which is gaining pace in drug discovery and diagnostics, is the key growth driver for the lab automation market. Automation reduces human error, leading to more consistent and accurate results, making it perfect for clinical and research use. Advancements of robotics, artificial intelligence, and integrating with data capabilities continue the advancements of lab automation systems closer to advanced capabilities. An increase in R&D spending in pharmaceutical industries to speed up drug development demands trends to this necessity. Alongside these, the growing demand for personalized medicine favors fast and accurate diagnosis tools. Government policies and expenditure on healthcare infrastructure in emerging economies will further foster growth in this market.

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December 18, 2024

Pharmaceutical Filtration Market worth $20.97 billion by 2029

The report "Pharmaceutical Filtration Market by Product (Consumables (Membrane, Depth filter), System (Single use, Reusable)), Technique (Microfiltration, Ultrafiltration), Application (API, Protein, Vaccine), Scale of Operation (Pilot, R&D) - Global Forecast to 2029", is projected to reach USD 20.97 billion by 2029 from USD 13.31 billion in 2024, at a CAGR of 9.5% during the forecast period of 2024 to 2029. Some factors contributing to the growth of the global market include increasing adoption of continuous manufacturing process, increasing purity requirement in pharmaceutical and biotechnology manufacturing, and growing adoption of single-use technologies. Notwithstanding this, technical limitation and high capital investments required for new production facilities are projected to impede market development.

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December 18, 2024

Therapeutic Drug Monitoring Market worth $3.44 billion by 2029

The report "Therapeutic Drug Monitoring Market by Product (Equipments,Consumables), Technology (Immunoassays), Drug Class (Anti–Epileptic Drugs,Anti–Arrhythmic Drugs), Therapeutic Area (Oncology, Cardiology), Specimen (Blood), End user - Global Forecast to 2029", global Therapeutic Drug Monitoring market is expected to reach USD 3.44 billion by 2029 from USD 2.30 billion in 2024, at a CAGR of 8.4 % during 2022–2029.

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December 17, 2024

Al in Clinical Trials Market worth $2.74 billion by 2030

The report "Al in Clinical Trials Market by Function (Patient Recruitment, Site Optimization, Data Management, Quality, Regulatory), Phase (I, II, III), Indication (Cancer, CNS, CVS), Tool, End-User (Pharma/Biotech, CRO, Hospitals) & Region - Global Forecast to 2030", is projected to reach USD 2.74 billion by 2030 from USD 1.35 billion in 2024, at a CAGR of 12.4 % from 2024 to 2030.

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December 17, 2024

Al in Clinical Trials Market worth $2.74 billion by 2030

The report "Al in Clinical Trials Market by Function (Patient Recruitment, Site Optimization, Data Management, Quality, Regulatory), Phase (I, II, III), Indication (Cancer, CNS, CVS), Tool, End-User (Pharma/Biotech, CRO, Hospitals) & Region - Global Forecast to 2030", is projected to reach USD 2.74 billion by 2030 from USD 1.35 billion in 2024, at a CAGR of 12.4 % from 2024 to 2030.

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December 17, 2024

Vaccine Adjuvants Market worth $0.96 billion in 2029

The report "Vaccine Adjuvants Market by Product (Emulsions, Pathogen, Saponin, Particulate), ROA (Subcutaneous, Intramuscular), Disease Type (Infectious, Cancer), Vaccine (Human, Veterinary (Companion, Livestock)), Type (Organic, Inorganic) - Global Forecast to 2029", is estimated to expand to a value of USD 0.96 billion in 2029 from USD 0.70 billion in 2024, growing at a CAGR of 6.5%. Some of the prominent factors driving the growth of the market are increased cases of infectious and non-communicable diseases, large-scale vaccination campaigns by governments and organizations such as WHO and GAVI, and advancements in adjuvant technology. Additionally, rising demand for livestock and aquaculture health, combined with zoonotic disease prevention and increased public & private funding for the development of vaccines, is likely to fuel the market growth in coming years.

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December 16, 2024

Fusion Biopsy Market worth $0.91 billion in 2029

The report "Fusion Biopsy Market by Route Type (Transrectal, Transperineal), Product (Equipment, Consumables), Application (Prostate Cancer), End User (Hospitals), and Region - Global Forecast to 2029", is expected to grow from USD 0.65 billion in 2024 to 0.91 billion in 2029 at a CAGR of 7.1% . The increasing prevalence of prostate cancer and the growing geriatric population, the availability of reimbursements & investments by the public and private sectors, and the increasing prevalence of minimally invasive surgery contribute to the market growth. Furthermore, technological advancements in fusion biopsy devices offer growth opportunities for market players in this market.

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December 13, 2024

Structural Heart Devices Market worth $25.69 billion in 2029

The report "Structural Heart Devices Market by Product (Heart Valve Devices Transcatheter and Surgical), Occluders, Closure and Delivery Systems, Annuloplasty Rings, Accessories, Procedure (Replacement(TAVR/TAVI), Repair & End-Users - Global Forecast to 2029", is valued at an estimated 16.31 billion in 2024 and is projected to reach USD 25.69 billion by 2029, at a CAGR of 9.5% during the forecast period.

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December 12, 2024

Minimal Residual Disease Market worth $2.55 billion by 2029

The report "Minimal Residual Disease Market by Product (Kits, Instruments), Technology (PCR, NGS), Application (Leukemia, Lymphoma, Multiple Myeloma, Solid Tumors), End User (Hospitals, Diagnostic Labs, Research Institutes), & Region - Global Forecast to 2029", is valued at an estimated USD 1.43 billion in 2024 and is projected to reach USD 2.55 billion by 2029, at a CAGR of 12.2% during the forecast period.

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December 10, 2024

Artificial Intelligence (AI) in Medical Diagnostics Market worth $4.72 billion by 2029

The report "Artificial Intelligence (AI) in Medical Diagnostics Market by Modality (MRI, CT, X-ray, Ultrasound), Applications (IVD, Radiology, Cardiology, Neurology, Obstetrics/GYN), End User (Hospitals, Imaging Centers, Diagnostic Labs) & Region - Global Forecast to 2029", is expected to grow and achieve a projected market size of USD 4.72 billion by 2029 from USD 1.71 billion in 2024, at a CAGR of 22.5% during the forecast period.

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December 9, 2024

Lithium-ion Battery Dispersant Market worth $1.70 billion by 2029

The report "Lithium-ion Battery Dispersant Market by Dispersant Type (Block Copolymers, Naphthalene Sulfonates, Lignosulfonates), End-Use (Consumer Electronics, Electric Vehicles, Military, Industrial), Formulation Type, and Region - Global Forecast to 2029", is projected to grow from USD 0.91 billion in 2024 to USD 1.70 billion by 2029, at a CAGR of 13.2% during the forecast period. The growth in the dispersant market for lithium-ion batteries is closely related to the expanding usage of lithium-ion batteries in consumer electronics, electric vehicles, industrial applications, and other fields. Demand for compact, high-capacity batteries in consumer electronics requires efficient dispersants that may boost the final performance, and the EV boom requires advanced dispersants that could support battery longevity and better energy density. These applications along with such emerging sectors as renewable energy systems, increase demand by using high-performance batteries for reliable operations altogether boosting the market growth of dispersants.

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December 6, 2024

IVD Reagents Market worth $87.41 billion by 2029

The report "IVD Reagents Market by Type (Antibodies, Nucleic Acid Probes), technology (Hematology), Application (Genetic Testing, Autoimmune disease), Test Type (Laboratory Test, Point-of-care Tests), End User (Hospitals & Clinics) & Region - Global Forecast to 2029", is projected to reach 87.41 billion by 2029 from USD 60.45 billion in 2024, at a CAGR of 7.7% during the forecast period. The market growth is mainly due to growing burden of chronic diseases among aging population. In addition, increasing number of clinical laboratories providing in vitro diagnosis to offer growth opportunities for players operating in the IVD Reagents market during the forecast period. However, the stringent regulatory guidelines is expected to hamper the adoption of these products.

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December 6, 2024

Data Protection as a Service Market worth $74.91 billion by 2030

According to a research report "Data Protection as a Service Market by Service Type (Backup as a Service, Storage as a Service, Disaster Recovery as a Service, Data Archiving, Other Services), Deployment mode, Organization Size, Vertical and Region - Global Forecast to 2030" published by MarketsandMarkets, the global Data protection as a Service market will grow to USD 74.91 billion by 2030 from USD 26.04 billion in 2024, at a CAGR of 19.2 % from 2024 to 2030.

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December 6, 2024

Functional Safety Industry worth $7,896.7 million by 2029

According to the new market research report "Functional Safety Market by Safety Sensors (Emergency Stop, Temperature, Pressure, Gas), Safety Light Curtain, Safety Controller, Programmable Safety System, Safety Switches, TIC Analysis Type (Fault & Event Analysis), Robotics – Global Forecast to 2029" The global functional safety market will  USD 7,896.7 million by 2029 from USD 5,883.4 million by 2024, at a CAGR of 6.1% during the forecast period.

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December 6, 2024

DERMS Market worth $1.44 billion by 2029

According to a research report "DERMS Market by Offerings (Software, Services), Application (Solar PV Systems, Wind Energy Systems, Energy Storage, Combined Heat & Power Systems, EV Charging Solutions), End-User (Residential, Commercial, Industrial) & Region - Global Forecast to 2029" published by MarketsandMarkets, the Distributed energy resource management systems (DERMS) market is expected to grow from an estimated in USD 0.61 billion in 2024 to USD 1.44 billion by 2029, at a CAGR of 18.8% during the forecast period. The market for DERMS is thus growing rapidly. Some of the key factors driving the market are increased adoption of renewable energy sources such as solar and wind power, which are considered significant for the improvement of grid reliability and efficiency. Such a rise is being driven by increased environmental concerns, advances in technology, and government policies that encourage clean energy solutions. Meanwhile, significant investment in smart grid infrastructure and the increasing digitization of energy systems would further spur market growth.

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December 6, 2024

Zero Liquid Discharge Systems Market worth $11.48 billion by 2029

The report "Zero Liquid Discharge Systems Market by Type (Conventional, Hybrid), Process, Capacity, Application, End-use industry (Energy & Power, Chemicals & Petrochemicals, Food & Beverage), and Region - Global Forecast to 2029", size is projected to grow from USD 7.80 billion in 2024 to USD 11.48 billion by 2029, registering a CAGR of 8.0% during the forecast period.

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December 5, 2024

Electronic Shelf Labels Industry worth $4.18 billion by 2029

The report "Electronic Shelf Labels Market by Full Graphic E-paper, LCDs, Segmented E-paper, Retail, Industrial, Label Management, Inventory & Stock Management, Transceivers, Infrared, Radio Frequency, Near-field Communication and Region - Global Forecast to 2029" The electronic shelf labels market was valued at 2.34 billion in 2024 and is projected to reach USD 4.18 billion by 2029; it is expected to register a CAGR of 12.3% during the forecast period.

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December 5, 2024

Animal Genetics Market worth $4.19 billion by 2029

The report "Animal Genetics Market by Animal (Bovine, Porcine), Products & Services (Genetic Materials, Genetic Testing Services), Technology (PCR, NGS, rDNA, Microarray Technology), End User (Animal Farms, Veterinary Hospitals & Clinics) - Global Forecast to 2029", is anticipated to grow at a CAGR of 7.1% and register a growth from USD 2.97 billion in 2024 to USD 4.19 billion by the end of 2029. The growth in the market is mainly driven by advances in genetic technologies as well as distribution systems in the advanced regions of North America and Europe. Demand for livestock-based food products is slowly increasing and further fueling the use of genetically enhanced materials like semen and embryos. The breeding farms along with the animal food industry are taking up this solution to enhance productivity and meet the increasing expectations of the consumer in terms of productivity to produce food efficiently and sustainably.

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December 5, 2024

Content Detection Market worth $31.42 billion by 2029

According to a research report "Content Detection Market by Detection Type (Content Moderation, AI-generated Content Detection, Plagiarism Detection), Content Type (Video, Text, Image, Audio), Offering (Solutions, Services), End- User, and Region - Global Forecast to 2029" published by MarketsandMarkets, the content detection market is projected to grow from USD 16.48 billion in 2024 to USD 31.42 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period. Effective content management and the emergence of online content create a pull for industries dealing with content detection. Social media, content-rich systems, streaming services, etc. are facing an increasing threat from misinformation, offensive materials, copyright infringements, etc. AI and ML developments have enhanced the detection of any offensive, illegal, or misleading information, and regulations. The increased concern about brand safety and cybersecurity further exacerbates the need for detection systems. Increasing globalization of digital platforms compounds the challenges of managing multilingual and multimodal content, thereby provoking the need for automated and scalable detection systems.

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December 5, 2024

Self-driving Cars Market worth 76,217 thousand units in 2035

According to a research report "Self-driving Cars Market by Level of Autonomy (Semi-Autonomous (L1, L2, and L3) and Autonomous (L4 and L5), Component Type, Mobility Type (Personal Mobility and Shared Mobility), Vehicle Class (A&B, C&D, and E&F), and Region - Global Forecast to 2035" published by MarketsandMarkets, the global self-driving cars market is projected to reach from 37,090 thousand units in 2024 to 76,217 thousand units in 2035, at a CAGR of 6.8%.

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December 5, 2024

Cloud AI Market worth $327.15 billion by 2029

According to a research report "Cloud AI Market by Cloud AI Infrastructure (Compute, Storage, Network), AI & ML Platforms (Auto ML), MLOps and Lifecycle Management (AI Workflow Orchestration), AIaaS, Technology (Generative AI and Other AI) - Global Forecast to 2029" published by MarketsandMarkets, the global cloud AI market will grow from USD 80.30 billion in 2024 to USD 327.15 billion by 2029 at a compounded annual growth rate (CAGR) of 32.4% during the forecast period. The cloud AI market keeps growing as businesses use AI for efficiency, make better decisions, and develop new business strategies. Cloud AI solutions make it easier and more affordable for companies to use advanced tools like machine learning, natural language processing, and predictive analytics. These tools help companies automate tasks, understand large amounts of data, and offer personalized experiences to their customers. Cloud AI integrates smoothly with existing systems, making operations more flexible and reducing the need for expensive in-house technology.

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December 4, 2024

3D Metrology Industry worth $15.01 billion by 2029

The report "3D Metrology Market by Coordinate Measuring Machine (CMM), Optical Digitizer and Scanner (ODS), Form Measurement Equipment, X-ray and CT Equipment, Video Measuring Machine (VMM) and 3D Automated Optical Inspection System - Global Forecast to 2029" The global 3D metrology market was estimated to be valued at USD 11.13 billion in 2024 and is projected to reach USD 15.01 billion by 2029; it is expected to register a CAGR of 6.2% during the forecast period.

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December 4, 2024

Fragrance Ingredients Market worth $21.94 billion by 2029

According to a research report "Fragrance Ingredients Market by Source, (Natural, Synthetic), Ingredient Type (Commodity, Specialty, Proprietary), Application (Personal Care, Household, Cosmetics, Food & Beverage, Industrial), Form (Liquid, Powder), Technology - Global Forecast to 2029" published by MarketsandMarkets, the fragrance ingredients market is estimated at USD 17.11 billion in 2024 and is projected to reach USD 21.94 billion by 2029, at a CAGR of 5.1% from 2024 to 2029.  

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December 4, 2024

Graphite Market worth $36.40 billion by 2030

The report "Graphite Market by Type (Natural, Synthetic), Application (Electrode, Refractory and Foundry, Battery, Friction Products, Lubricants), Purity (High, Low), and Region - Global Forecast to 2030", is projected to grow from USD 15.67 billion in 2024 to USD 36.40 billion by 2030, at a CAGR of 15.1% from 2024 to 2030. Due to the increasing number of Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs), Hybrid Electric Vehicles (HEVs), Fuel Cell Electric Vehicles (FCEVs), and Extended Range Electric Vehicles (EREVs) in the market, graphite demand has therefore increased accordingly. Growing adoption of EVs coupled with other industries such as renewable energy storage and consumer electronics means a continuous increase in graphite requirement.

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December 4, 2024

Distributed Fiber Optic Sensor Industry worth $2,630.7 million by 2030

The report "Distributed Fiber Optic Sensor Market by Fiber Type (Single-Mode, Multimode), Operating Principle (OTDR, OFDR), Scattering Process (Rayleigh, Brillouin, and Raman Scattering Effects), Application (Temperature, Acoustic, Strain) - Global Forecast to 2030" The distributed fiber optic sensor market is projected to grow from USD 1,411.7 million in 2024 and is estimated to reach USD 2,630.7 million by 2030; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.9% from 2024 to 2030. The increasing innovation in sensor technologies is enhancing wellbore surveillance, enabling better data accuracy and reliability in energy exploration and production. The rise of smart cities and the widespread adoption of the Internet of Things (IoT) are also pivotal, as they create demand for DFOS in applications ranging from environmental monitoring to perimeter security, further driving market growth.

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December 3, 2024

Human Organoids Market worth $2.33 billion by 2029

The report "Human Organoids Market by Product (Liver, Kidney, Pancreatic Models (2D, 3D)), Disease Area (Oncology, GI, Neurological Disorders), Application (Drug Toxicity, Personalized Medicine), End User (Pharma & Biotech Companies, CROs) - Global Forecast to 2029", is valued at an estimated USD  1.19 billion in 2024 and is projected to reach USD  2.33 billion by 2029 at a CAGR of 14.4% during the forecast period.

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December 3, 2024

Ceramic Sanitary Ware Market worth $45.33 billion by 2029

The report "Ceramic Sanitary Ware Market by Type (Toilet Sinks/Water Closets, Washbasin, Urinals), Application (Commercial, Residential), Technology (Slip Casting, Pressure Casting), Distribution Channel (Direct, Indirect), and Region - Global Forecast to 2029", size was USD 34.36 billion in 2024 and is projected to reach USD 45.33 billion by 2029, at a CAGR of 5.7%, between 2024 and 2029.

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December 3, 2024

Gas Insulated Switchgear Market worth $33.53 billion by 2029

According to a research report "Gas Insulated Switchgear Market by Installation (Indoor, Outdoor), Insulation Type (SF6, SF6 free), Voltage Rating, Configuration ( Hybrid, Isolated Phase, Integrated three phase, Compact GIS), End-User, and Region - Global Forecast to 2029" published by MarketsandMarkets, the global gas-insulated switchgear (GIS) market is expected to grow at a CAGR of 6.1%, by 2024 the value of the GIS market was estimated at around USD 24.93 billion and around USD 33.53 billion by 2029, marking a constant growth. This is attributed to the increase in strength across the power distribution infrastructure to meet the high demand for electricity, in addition to increasing investments into renewables and industrial production. In addition, the rapid growth in the deployment of high-voltage direct current (HVDC) systems will further boost market expansion during this period.

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December 3, 2024

AI in Energy Market worth $58.66 billion in 2030

According to a research report "Artificial Intelligence in Energy Market by Application (Energy Demand Forecasting, Grid optimization & management, Energy Storage Optimization), End Use (Generation, Transmission, Distribution, Consumption) - Global Forecast to 2030" published by MarketsandMarkets, the AI in energy market is expected to reach USD 8.91 billion by 2024 from USD 58.66 billion in 2030, at a Compound Annual Growth Rate (CAGR) of 36.9 % from 2024–2030. AI can help decarbonize and reduce the energy demands of the construction of buildings themselves. Cement, as the primary building material used today, represents 7-8% of global carbon emissions, according to a report published by the United States Department of Energy. AI can be used to design and optimize low-carbon cement designs, enabling accelerated materials formulation and innovation. AI can also be used to identify efficiencies in building construction. The planning and sequencing steps for building construction is a manual process and can be optimized with AI to unlock process efficiency and reduce waste at construction sites.

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December 3, 2024

Aircraft Platforms Industry worth $301.19 billion by 2030

The report "Aircraft Platforms Market by Type (Transport Aircraft, Special Missions Aircraft, UAVs), Power Source (Fuel Cell, SAF-Based, Battery-Powered), Propulsion Technology (Turbofan, Turfoprop, Turbojet, Electric) and Region - Global forecast to 2030" The global aircraft platforms market is projected to reach USD 301.19 billion by 2030, from USD 235.24 billion in 2024, at a CAGR of 4.2%. This growth is mainly driven by increased air traffic, higher defense budgets due to geopolitical tensions, advancements in aerospace technology, and evolving UAV and UAM regulations. Key developments focusing on enhancing aircraft efficiency, integrating advanced technologies such as AI, and increasing payload capacities. Additionally, the leading players in this market focus on large R&D expenditures in creating advanced systems to fulfill strategic requirements of all major countries, which also include the North American, European, Asian-Pacific, and Middle East regions.

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December 2, 2024

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