Tablet Coatings Market - Emerging Trends to Bring Major Revolution in Global Healthcare Industry

Market Size Estimation:

This study's market size estimations and forecasts are the result of combining a top-down (evaluation of utilization/adoption/penetration trends by polymer type, functionality, type, end user, and region) and bottom-up (segmental analysis of important segments) methodology.

Projected Surge in Revenue Generation:

With a compound annual growth rate (CAGR) of 5.6%, the tablet coatings market is expected to reach a valuation of USD 969 million by 2025 from its estimated USD 739 million in 2020.

Major Growth Boosting Factors:

The pharmaceutical industry's growth and the rise in R&D in this area are the main factors driving this market's expansion. The market is expanding thanks to the burgeoning nutraceutical business, the fast expanding biopharmaceuticals sector, the growing generics market, and the increased use of orphan medications. Furthermore, there are a lot of prospects for market expansion due to the pharmaceutical industry's growing emphasis on emerging markets and the growing outsourcing of operations to these nations. The growing emphasis on technology developments in specialized markets also presents large growth prospects for companies involved in this industry.

However, throughout the projected period, the market's expansion is anticipated to be constrained by the tightening regulations pertaining to the licensing of pharmaceuticals and excipients, as well as the high cost of the microencapsulation process.

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Data Triangulation:

The entire tablet coatings market was split into a number of categories and subsegments when the market size was determined. In order to finalize the market engineering process and obtain precise statistics for every segment and subsegment, data triangulation and market breakdown techniques were utilized, if appropriate.

End Users:

The pharmaceutical industry end-user segment is expected to account for the largest share of the tablet coatings market

The tablet coatings market, by end-user, is segmented into pharmaceutical and nutraceutical industry. The pharmaceutical industry segment accounted for the largest market share in 2019. The demand for tablet coatings in the pharmaceutical industry is largely driven by the increasing number of drugs launched as tablet formulations and growing prevalence of diseases for which tablet-based formulations form the primary treatment. The rising demand for innovative drug delivery formulations is also supporting the growth of the tablet coatings market for the pharmaceutical industry.

Geographical Growth Dynamics:

Asia Pacific is expected to account for the highest CAGR for players operating in the tablet coatings market

The Asia Pacific tablet coatings market is expected to grow at the highest CAGR from 2020 to 2025. Increase in outsourcing of drug manufacturing to specialized contract manufacturing organizations (CMOs), rising number of companies setting up manufacturing units in these countries, favorable government regulations, low labor and manufacturing costs, and the large base for the generation of generics & biologics are factors expected to drive the growth of the market during the forecast period.

Global Key Players:

The prominent players in this market are Colorcon Inc. (US), Sensient Technologies Corporation (US), BASF SE (Germany), Evonik Industries AG (Germany), Ashland Global Holdings Inc. (US), DuPont De Numeours Inc. (US), Kerry Group plc (Ireland), Roquette Freres (France), Eastman Chemical Company (US), Air Liquide S.A. (France), and Merck KGaA (Germany).

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Contrast Media Market: A Major Revenue Surge is Predicted at a CAGR of 7.5% by 2029

Overview of this Study:

Analyzing the main market dynamics, including opportunities, challenges, constraints, drivers, and key player tactics, is the study's goal. The competitive landscape of the contrast media market is being monitored in order to keep tabs on business activities, including new launches, approvals, expansions, and partnerships of the dominant players. Additionally, market participants are being analyzed on a number of characteristics within the broad categories of business and product strategy. Two methods were employed to estimate the market size: top-down and bottom-up. The market split and data triangulation were used to estimate the market sizes of the various segments and subsegments.

Principal Growth-Inducing Factors:

Growing numbers of hospitals and diagnostic imaging facilities, increased awareness of early diagnosis, and an increase in the prevalence of chronic illnesses are the main factors driving market expansion. Conversely, the negative consequences linked to the usage of contrast media will limit this market's expansion somewhat.

Projected Surge in Global Revenue:

According to revenue estimates, the global contrast media market will be valued $6.3 billion in 2023 and is expected to rise at a compound annual growth rate (CAGR) of 7.5% to reach $9.7 billion by 2029.

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Global Industry Segmentation:

By application, the radiology segment held the biggest proportion of the contrast media market in 2022.

The contrast media market is divided into three segments based on application: interventional radiology, radiology, and interventional cardiology. By application, radiology held the biggest market share in 2022. radiological contributes to the increased demand for radiological operations by being essential in the early detection and monitoring of a variety of medical problems. The growing number of elderly people, the occurrence of chronic illnesses, and the need for minimally invasive procedures are just a few of the reasons for the high percentage of radiology applications.

By route of administration, the intravascular route segment held the biggest proportion of the contrast media market in 2022.

The global contrast media market is divided into intravascular, oral, rectal, and other routes of administration based on the mode of administration. According to the mode of administration, the intravascular route segment had the biggest market share in 2022. The reason for the segment's expansion is because, in contrast to powdered forms, injectable contrast media are more readily available and require less time to administer.

End Users:

According to end users, the Hospitals, Clinics, and Ambulatory Surgical Centers segment held the highest share in the contrast media industry in 2022.

The contrast media market is divided into categories based on the end user, including diagnostic imaging facilities, hospitals, clinics, and ambulatory surgical centers. The global market share held by hospitals, clinics, and ambulatory surgery facilities was the highest in 2022. The need for contrast media is increased because hospitals often make larger investments in and keep a wider variety of cutting-edge imaging equipment, including CT scanners, MRI machines, and interventional radiology suites.

Geographical Growth Scenario:

The contrast media industry's largest share was held by North America in 2022.

There are four main regions that make up the contrast media market: North America, Europe, Asia Pacific, and the Rest of the World. With the most market share in 2022, North America emerged as the top contributor. The number of product approvals in the region has increased as a result of the presence of significant businesses. These North American-based businesses have a wealth of experience, resources, and established sales networks, which help explain the region's market supremacy.

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Global Leading Companies:

The major players operating in this market are GE HealthCare (US), Bracco Imaging S.p.A. (Italy), Bayer AG (Germany), Guerbet (France), Lantheus Medical Imaging (US), Unijules Life Sciences Ltd. (India), JB Pharma (India), Sanochemia Pharmazeutika (Germany), TAEJOON PHARM Co., Ltd. (South Korea), Jodas Expoim (India), iMax Diagnostic Imaging Limited (Ireland), YZJ Group (China), Livealth Biopharma Pvt. Ltd. (India), Unispire Biopharma Private Limited (India), Acro Lifesciences (I) Pvt. Ltd. (India), Stanex Drugs & Chemical Pvt. Ltd. (India), Beijing Beilu Pharmaceutical Co., Ltd. (China), Rege Imaging & Cine Films Private Limited (India), K DIAM EXIM (India), Onko Ýlaç San. ve Tic. A.Þ. (Turkey), Fresenius Kabi (Germany), Biem Ilaç San. ve Tic. A.S. (Turkey), and AdvaCare (US).

Cell Isolation Market - Future Revenue Growth Looks More Promising Due to These Factors

Market Size Estimation:

Top-down approach was used to estimate and validate the total size of the cell isolation market. This method was also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

The key players in the industry and market have been identified through extensive secondary research
The revenues generated from the cell isolation products business of leading players have been determined through primary and secondary research
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources

Projected Revenue Surge, Globally:

According to revenue estimates, the global cell isolation market will be valued $4.4 billion in 2023 and is expected to increase at a compound annual growth rate (CAGR) of 13.4% from 2023 to 2028, when it reaches $8.2 billion. The market's industry trends are analyzed in the latest research study.

Major Growth Driving Factors:

The market is expanding due to factors like the rise in cell-based research and the growing emphasis on personalized therapy. However, the main things impeding the growth of this market are high cost, safety concerns, and ethical considerations.

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Data Triangulation:

Following the completion of the market size assessment process, the entire market was divided into a number of segments and sub-segments. Data triangulation and market breakdown processes were used where appropriate to finish the entire market engineering process and yield precise statistics for all segments and subsegments. Through an analysis of numerous variables and patterns from the supply and demand sides, the data was triangulated.

Driver: Government support for cell-based research has increased.

The crucial first stage in the development of cell-based therapies is cell isolation. Because cell-based research has many applications, funding for these kinds of studies has been provided by numerous governments worldwide. The National Institutes of Health (NIH), for example, stated in May 2021 that funding totaling USD 30.0 million will be given to assist research targeted at creating new instruments and technology for researching cells. A number of US universities, including Harvard University, the University of California, San Francisco, and the University of Texas Southwestern Medical Center, received financing. Moreover, the Stem Cell Therapies Mission is investing USD 150.0 million over a ten-year period under the Medical Research Future Fund (MRFF) of the Government.

RESTRAINT: Ethics and safety concerns will impede commercial expansion

The embryo from which the cells are formed must be destroyed in order to isolate the embryonic stem cells. Given that some people believe an embryo to be a potential human person, this creates ethical questions regarding the taking of human life. Teratomas are tumors that comprise cells from all three germ layers, and they can be formed by embryonic stem cells. Without adequate screening, embryonic stem cells put into a patient have the potential to develop into tumors and cause damage. As a result, these elements may hinder market expansion to some degree.

Opportunity: Prospects for expansion in developing economies

The biopharmaceutical sector is expanding quickly in emerging nations like China, India, and Brazil. This is caused by a number of causes, including rising healthcare costs, an aging population, and an increase in chronic illnesses. The necessity for cell separation technologies is driving the development and manufacturing of biopharmaceuticals, as these markets see an increase in demand for these goods. Furthermore, growing markets are funding the creation and use of cutting-edge technologies including flow cytometry, magnetic cell separation, and microfluidics.

As a result, cell isolation procedures are becoming more accurate and efficient, and these technologies are becoming more widely available and reasonably priced in these markets. Additionally, there is an increasing trend in emerging markets for R&D activity. In these areas, public and private organizations are funding research to create novel cures and treatments for long-term illnesses. Since cell isolation is a crucial stage in the creation of various treatments, the market is expanding as a result of the expansion of research efforts in these areas.

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North America dominated cell isolation market in 2022.

Geographically, the market is divided geographically into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America held the greatest market share for cell isolation in 2022, followed by Europe and the Asia-Pacific region. A number of variables, including technical development, expansion of the biotechnology and pharmaceutical industries, and rising incidence of infectious and chronic diseases, account for the major share of the American market.

Leading Companies Operating in This Industry

Key players in the cell isolation market are Danaher Corporation (US), Merck KGaA (Germany), Thermo Fisher Scientific, Inc. (US), Becton, Dickinson and Company (US), Terumo Corporation (Japan), Agilent Technologies, Inc. (US), Bio-Rad Laboratories, Inc. (US), Corning Incorporated (US), F. Hoffmann-La Roche Ltd. (Switzerland), Miltenyi Biotec (Germany), STEMCELL Technologies (Canada), Alfa Laval (Sweden), Sartorius AG (Germany), Akadeum Life Sciences (US), Bio-Techne (US), PerkinElmer Inc. (US), Invent Biotechnologies, Inc. (US), Takara Bio, Inc. (Japan), MiCareo Inc. (US), Proteintech Group, Inc. (US), QIAGEN (Germany), Lonza (Switzerland), Promega Corporation (US), PluriSelect Life Science UG (Haftungsbeschränkt) & Co. KG (Germany), and MagBio Genomics (US).

Healthcare IT Market - Major Revenue Surge is Predicted in the Near Future

Market Size Estimation:

The total size of the healthcare IT market was arrived at after data triangulation from different approaches, as mentioned below. After each approach, the weighted average of approaches was taken based on the level of assumptions used.

Projected Surge in Revenue Generation:

Revenue-wise, the worldwide healthcare IT market was projected to be valued at $394.6 billion in 2022 and is expected to rise at a compound annual growth rate (CAGR) of 19.8% to reach $974.5 billion by 2027.

Major Growth Influencing Factors:

Instead of using numerous tables, the redesigned report edition presents each listed company's financial data until 2022 in a single diagram. This will make it simple to examine the current state of the organizations that have been profiled in terms of their R&D investments, business segment focus in terms of the top revenue-generating segments, financial strength, profitability, and important revenue-generating locations or nations. The increasing use of mHealth, telemedicine, e-prescribing, and other HCIT solutions is fueling the expansion of the healthcare IT sector. But security worries and interoperability problems are hindering the expansion of the worldwide market somewhat.

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Data Triangulation:

The individual shares of each HCIT product & service, component, and end-user segment were determined by assigning weightages based on their utilization/adoption rate. Regional splits of the overall HCIT market and its subsegments are based on the adoption or utilization rates of the given products and services in the respective regions or countries.

Global Industry Segmentation:

By component, the services sector held the most proportion of the healthcare IT market.

Hardware, software, and services are the three component segments that make up the healthcare IT market. The services sector held the biggest market share in 2021. The advent of complicated software and the requirement for software integration and interoperability, which necessitates intensive training and frequent upgrades, are to blame for the services segment's growth. The requirement for software upgrades and updates due to the constantly evolving healthcare laws is also driving increased demand for HCIT services.

During the projection period, the healthcare provider solutions market had the highest growth, by type, in the clinical HCIT solutions segment.

In the healthcare IT market, the clinical HCIT solutions category is anticipated to grow at the fastest rate. One of the main factors propelling this market's expansion is the requirement to manage the escalating costs of healthcare and boost the effectiveness of healthcare services by lowering medical errors. However, the market's expansion is being hindered by high installation prices and a lack of qualified medical experts.

Geographical Growth Dynamics:

For the duration of the projection, Asia Pacific is anticipated to develop at the fastest rate.

Over the course of the projection period, the APAC market is anticipated to grow at the fastest rate. The APAC HCIT market is expanding due to a number of factors, including a sizable patient population—particularly in China and India—growing per capita income, increased healthcare industry investments by major participants in the market, and growing consumer awareness of cutting-edge technology.

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Key Players:

Optum (US), Cerner Corporation (US), Cognizant (US), Change Healthcare (US), Philips (US), Epic Systems Corporation (US), Dell Technologies (US), Allscripts (US), athenahealth (US), GE Healthcare (US), Oracle Corporation (US), Wipro (India), IBM(US), eClinicalWorks (US), Infor Systems (US), Conduent (US), Conifer (US), Nuance (US), 3M (US), SAS (US), Carestream Health (US), Inovalon (US), Practice Fusion, Inc. (US), InterSystems (US), and Tata Consultancy Services (India) are the major players in this market.

Different Growth Strategies Adopted by Them:

These companies are majorly focusing on the strategies such as acquisitions, product launches, agreements, collaborations, partnerships, and expansions in order to remain competitive and further increase their share in the market.

Neurovascular Devices Market - Future Revenue Growth Predictions by 2028

Overview of This Market:

The objective of the study is analyze the key market dynamics such as drivers, opportunities, challenges, restraints, and key player strategies. To track companies developments such as acquisitions, product launches, expansions, collaborations, agreements and partnerships of the leading players, the competitive landscape of the neurovascular devices market to analyzes market players on various parameters within the broad categories of business and product strategy. Top-down and bottom-up approaches were use to estimate the market size. To estimate the market size of segments and subsegments the market breakdown and data triangulation were used.

Major Growth Driving Factors:

The rise in the prevalence of various neurovascular diseases, the growing popularity of minimally invasive surgical procedures, the development of the healthcare infrastructure in developing nations, and the strategic alliances and collaborations between research institutions and manufacturers to advance new advancements in interventional neurology are all factors contributing to the market's growth. The acceptance of neurovascular treatment is hampered, nevertheless, by the high cost of neurovascular interventional procedures and associated devices, particularly in developing nations with lax reimbursement rules.

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Projected Surge in Revenue Generation:

The global neurovascular devices market in terms of revenue was estimated to be worth $3.6 billion in 2023 and is poised to reach $5.5 billion by 2028, growing at a CAGR of 8.7% from 2023 to 2028.

Market Segmentation:

Cerebral Aneurysms Segment is expected to account for the largest neurovascular devices market share in 2022, by disease pathology

Based on disease pathology, the neurovascular devices market is segmented into cerebral aneurysm, ischemic strokes, carotid artery stenosis, arteriovenous malformations & fistulas, and other disease pathologies (includes cavernous malformations and moyamoya disease).  The cerebral aneurysm segment is anticipated to hold the largest market share of neurovascular devices market. The increasing market demand for neurovascular devices for aneurysm treatment can be attributed mainly to the presence of neuro-interventional devices for cerebral aneurysm such as embolic coils, increase in the technological advancement in the neurovascular devices, and rise in the cases of cerebral aneurysm globally.

The ambulatory care centers segment is anticipated to register highest CAGR during the forecast period.

The neurovascular devices market is divided into three segments based on the end user: hospitals and surgical centers, ambulatory care centers, and academic institutions and research labs. Over the course of the projection period, the ambulatory care centers segment is expected to exhibit the greatest CAGR. The ambulatory care centers segment is expected to grow in the coming years due to a number of factors, including an increasing number of ambulatory surgery centers in developed countries, ease of scheduling, clinical staff that is focused, improved productivity, increased safety, and efficacy of these centers, and growing preference for minimally invasive surgical procedures.

Geographical Growth Dynamics

North America to dominate  the global neurovascular devices  market

Based on the region, the neurovascular devices market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America accounted for the largest share of neurovascular devices market. The large share of North America can be attributed to the high adoption of neurovascular devices in the region, the strong presence of device manufacturers, and the availability of significant R&D investments for product development.

Asia Pacific is expected to grow at the highest CAGR during the forecast period owing to the presence of a large target patient population, rising awareness on the advantages of minimally invasive neurosurgical processes., geographical expansion of players in region, and government initiatives to modernize & expand healthcare infrastructure.

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Global Leading Companies:

The neurovascular devices market is dominated by players such Stryker (US), Johnson & Johnson (US), Medtronic plc (US), Terumo Corporation (Japan), and Penumbra, Inc. (US), among others.

Human Microbiome Market - Major Revenue Surge is Predicted by 2029

Report Objectives:

# To define, describe, and forecast the human microbiome market based on products, type, application, and disease.

# To provide detailed information regarding the major factors influencing the growth of the market (such as drivers, restraints, challenges, opportunities, and trends).

# To strategically analyse micro markets with respect to individual growth trends, future prospects, and contributions to the overall human microbiome market.

# To analyse opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders.

# To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies.

# To track and analyze competitive developments such as acquisitions, product launches, expansions, agreements, partnerships, and R&D activities in the human microbiome market.

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Market Size Estimation:

Both top-down and bottom-up approaches were used to estimate and validate the total size of the human microbiome market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

# The key players in the industry and market have been identified through extensive secondary research
# The revenues generated from the human microbiome business of leading players have been determined through primary and secondary research
# All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources

Projected Revenue Growth During Forecast Period:

The global human microbiome market in terms of revenue was estimated to be worth $0.3 billion in 2023 and is poised to reach $1.7 billion by 2029, growing at a CAGR of 36.1% from 2023 to 2029.

Major Growth Driving Factors:

The major factors driving the growth of the market are the surging demand for personalized medicine, and growing demand for natural and holistic approaches is expected to propel the growth of the market. However, limited understanding of microbial interactions are expected to restrain market growth to a certain extent.

Data Triangulation:

After arriving at the overall market size from the market size estimation process, the total market was split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all segments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

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Global Geographical Segmentation:

Asia Pacific: The fastest-growing region in the human microbiome market.

The Asia Pacific human microbiome market is projected to grow at the highest CAGR during the forecast period, mainly due to increasing awareness of the importance of the microbiome in health and disease, the rising demand for personalized medicine, and advancements in sequencing technologies. The Asian market has also garnered significant attention from global players due to the increased focus on preventative healthcare and personalized medicine, driving the demand for human microbiomes.

Key Players:

The market for human microbiome is highly consolidated, with key players strategizing to capture the market. Prominent players in the human microbiome market are Seres Therapeutics, Inc. (US), Enterome (France), 4D pharma plc (UK), International Flavors & Fragrances Inc. (US), OptiBiotix Health Plc (UK), Ferring Pharmaceuticals (Switzerland), Synlogic, Inc. (US), Second Genome, Inc. (US), Vedanta Biosciences, Inc.  (US),  YSOPIA Bioscience (France), FlightPath Biosciences, Inc. (US), Finch Therapeutics Group, Inc. (US), AOBiome Therapeutics (US), BioGaia (Sweden), Quantbiome, Inc. (dba Ombre) (US), Viome Life Sciences, Inc. (US), BIOHM Health (US), DayTwo (US), Atlas Biomed (UK), Bione Ventures Private Limited (India), Luxia Scientific (France), Metabiomics (US), Sun Genomics (US), Seed Health (US), and Gnubiotics Sciences (Switzerland).

Dental Laboratories Market - Drivers, Restraints & Global Opportunities

Report Objectives:

# To define, characterize, and project the worldwide dental laboratory market according to prostheses, materials, equipment, and geography.

# To offer comprehensive details about the key elements (drivers, constraints, opportunities, and challenges) affecting the market's growth.

# To examine micromarkets in terms of their respective growth patterns, future potential, and market share contributions.

# To assess market opportunities for stakeholders and give important market players information about the competitive environment.

# To estimate market size in relation to the five key regions: Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.

# To create a complete analysis of the core competencies and market shares of the major companies in the worldwide market with respect to important market developments, product portfolios, and financials.

# To monitor and assess competitive developments, including agreements of major participants in the worldwide market, partnerships, product launches, expansions, and mergers and acquisitions.

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Projected Revenue Growth During Forecast Period:

The market for dental laboratories worldwide Revenue was projected to be $35.0 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% to reach $46.5 billion by 2027.

Driver: An increase in the elderly population and instances of dentulism

The number of incidences of edentulism and the increase in the older population are driving demand in the market. The industry is growing as a result of the advancement of new technologies like as 3D printing and CAD/CAM, which enable the production of dental prostheses like veneers, crowns, bridges, and dentures that are customized for every patient. In addition, growing awareness of oral hygiene and the need for cosmetic dentistry operations are driving market expansion.

Restraint: high price of dental supplies and equipment

One major barrier to the market could be the high price of dental equipment and supplies. It's possible that many dental laboratories cannot afford the newest tools and materials needed to remain competitive. In the event that dental laboratories are underfunded or do not have access to financing, it may be difficult for them to make the investments in the newest equipment and materials needed to generate high-quality work. The financial burden of personnel training, equipment maintenance and repair, and other costs can also be very high for dental laboratories. Therefore, the high cost of dental supplies and equipment may limit the market's potential for expansion.

Opportunity: Rising demand for dental cosmetic procedures

In the upcoming years, it is expected that the global market for cosmetic dental procedures would grow significantly due to the growing demand. The primary causes of this growth include the advent of new technology, such as CAD/CAM systems and 3D printing for dental prostheses, as well as better access to dental care services and rising knowledge of oral hygiene. The growing need for cosmetic dentistry operations including veneers, crowns, implants, and bridges is another factor propelling the industry. Preventive dentistry is also driving market expansion as more people select examinations and treatments. Furthermore, the industry is expected to be further stimulated by the growing senior population and rising disposable incomes in emerging economies.

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Global Geographical Segmentation:

Over the course of the projection period, the dental labs industry in APAC is expected to develop at the fastest rate.

In the Asia-Pacific region, dental laboratories accounted for almost 30% of the global market. The APAC market is expanding due to a number of factors, such as an aging population, a rise in dental tourism, a development in dental laboratories, and an increase in the outsourcing of various industrial services to the region. UN estimates indicate that 727 million individuals globally will be 65 years of age or older by 2020. There will be 1.5 billion older persons on the earth by 2050.

Dental lab product demand is expected to rise because this population is more prone to experience tooth loss and conditions like cavities and gum disease. The industry is also influenced by customer adoption of cutting-edge technology and need for improved aesthetics.

Brain Monitoring Market - All You Need to Know About Emerging Trends

Report Objectives:

# To define, characterize, and project the market for brain monitoring according to the following factors: end user, medical condition, modality, product, process, and geography.

# To give comprehensive details about the key elements (drivers, constraints, opportunities, and challenges) affecting the market's growth.

# To carefully examine each micromarket's potential, growth trends, and contributions to the market for brain monitoring as a whole.

# To give market leaders with information on the competitive environment and to assess the market's opportunities for stakeholders.

# To create a detailed analysis of the market's major players' market shares and core capabilities.

# To project market segment sizes with regard to the following four major regions: Europe, Latin America, Asia Pacific, North America, and the Middle East and Africa.

# To monitor and assess developments in the competition, such as the introduction of new products, contracts, alliances, and expansions.

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Key Growth Factors:

The main factors driving the market for brain monitoring are the increasing incidence and prevalence of neurological disorders, increased public awareness of neurodegenerative diseases, an increase in traumatic brain injuries, and the growing use of brain monitoring in clinical trials. Furthermore, it is predicted that market participants will have development possibilities due to the growing demand for minimally invasive and non-invasive devices, the rising therapeutic uses of brain monitoring instruments, and the growing healthcare sector in emerging nations.

Projected Surge in Revenue Generation:

The global brain monitoring market in terms of revenue was estimated to be worth $3.5 billion in 2023 and is poised to reach $4.8 billion by 2028, growing at a CAGR of 6.3% from 2023 to 2028.

Data Triangulation:

After arriving at the overall market size, from the market size estimation process explained above, the Brain Monitoring market was split into segments and subsegments. To complete the overall market engineering process and to arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the Brain Monitoring industry.

End Users:

In the brain monitoring market, hospitals held the most proportion of the end-user segment.

The global market for brain monitoring devices is divided into hospitals, neurology centers, diagnostic centers, ASCs & clinics, and other end users based on end-users. In 2022, the hospital sector accounted for the greatest proportion of the worldwide brain monitoring market. Brain monitoring requires complex processes with expensive, high-tech equipment that is usually found in hospital settings. Compared to smaller clinics and other end users, hospitals see a noticeably higher volume of patients. Furthermore, hospitals in particular can afford the maintenance expenditures connected with brain monitoring devices, which place a significant strain on healthcare facilities. Consequently, brain monitoring gadgets are primarily utilized in hospitals, which adds to their market share and supremacy in this particular category.

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Geographical Growth Scenario:

In 2022, North America held the most market share for brain monitoring worldwide.

The market for brain monitoring is divided into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. In 2022, the brain monitoring market's greatest share belonged to North America. This is explained by the rising prevalence of neurological disorders, the rise in brain monitoring product clinical trials, and the US's availability of medical coverage.

Leading Companies Operating in This Market:

Some of the leading players in the Brain Monitoring market include Advanced Brain Monitoring (US), Masimo Corporation (US), Unilabs Holdings AB (Sweden), Cadwell Industries (US), NeuroWave Systems, Inc. (US), Siemens Healthineers (Germany), Compumedics, Ltd. (Australia), Medtronic (Ireland), Luciole Medical AG (Switzerland), Drägerwerk AG & Co. KGaA (Germany), Natus Medical, Inc. (US), Nihon Kohden Corporation (Japan), Philips Healthcare (Netherlands), GE Healthcare (US), Nonin Medical, Inc. (US), Integra LifeSciences Corporation (US), and Neurosoft (Russia).

Emerging Trends in Drug Discovery Services Industry

Overview of This Research Study:

The present investigation entailed a comprehensive utilization of secondary sources, directories, and databases to ascertain and gather crucial data for the appraisal of the worldwide drug discovery services industry. Key industry participants, subject-matter experts (SMEs), C-level executives of major market players, and industry consultants were among the many primary respondents with whom in-depth interviews were conducted in order to gather and validate crucial qualitative and quantitative data and evaluate the market's growth prospects. To get the ultimate market size, the projected worldwide market size from secondary research was triangulated using data from primary research.

Major Growth Boosting Factors:

The market for drug discovery services is expanding due to a number of factors, including rising R&D spending from biopharmaceutical and pharmaceutical companies, an increasing R&D pipeline that is necessitating more outsourcing of analytical testing, efforts to research orphan drugs and rare diseases, and the high cost of in-house drug development. In addition, participants in this market could anticipate development prospects from technical advancements, the launch of novel drug discovery methods, patent expiration, and the increasing demand from end users for specialized testing services.

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Factors Which May Hinder Growth:

Strict laws controlling the use of animals in drug research

Securing safety and efficacy is regulatory agencies' primary focus during the drug approval process. These methods greatly raise the expense of the medication development process for the finished product, even if they validate the quality of the items introduced to the market. The uptake of a specific treatment can be greatly impacted by this issue in places where emerging markets are price-sensitive. In addition, a number of laws (such GMP and GLP) that guarantee product quality typically raise manufacturing costs.

Projected Growth in Revenue Generation:

The global drug discovery services market in terms of revenue was estimated to be worth $20.6 billion in 2023 and is poised to reach $41.3 billion by 2028, growing at a CAGR of 14.9% from 2023 to 2028.

Regional Growth Prospects:

In terms of the drug discovery services market, the Asia Pacific region is projected to develop at the quickest rate in 2022.

Geographically speaking, there are five main regions that make up the drug discovery market: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The developing middle class, growing government spending on pharmaceutical R&D, expanding therapeutic area expertise, and the region's rapidly expanding pharmaceutical and biopharmaceutical industries are all expected to contribute to the Asia Pacific market's predicted highest growth during the forecast period.

Key Players:

The drug discovery services market is dominated by a few globally established players such as Laboratory Corporation of America Holdings (US), Charles River Laboratories International Inc. (US), WuXi AppTec (China), and Thermo Fisher Scientific Inc (US), among others, are the key service providers that provided drug discovery services in last few years. Major focus was given to the deals, expansions, and new service launches due to the changing requirements of pharmaceutical and biopharmaceutical companies, academic and research institutes, and other end users across the world.

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Recent Developments of Drug Discovery Services Industry:

# In February 2023, Charles River Laboratories (US) announced a multi-program agreement with Pioneering Medicines, an initiative of Flagship Pioneering (US), allowing access to its Logica AI platform to discover small-molecule drugs.

# In February 2023, Evotec SE (Germany) and Related Sciences (US) expanded their partnership for an integrated multi-target drug discovery agreement. The two companies aimed to select, discover, and develop precisely targeted medicines for unmet patient needs.

# In January 2023, Charles River Laboratories (US) acquired SAMDI Tech, Inc. (US), which offers label-free HTS solutions for drug discovery research. The acquisition offered CRL expertise in label-free HTS MS platforms and created a comprehensive library of drug discovery solutions.

# In April 2022, Charles River Laboratories (US) and Valo Health, a data-driven AI company, launched Logica, an AI-powered drug discovery services.

Dental Labs: Newer Trends to Revolutionize Global Dentistry

Overview of This Research Study:

In order to find and gather data for the study, this research project made considerable use of secondary sources, directories, and databases (including D&B Hoovers, Bloomberg Businessweek, and Factiva). A number of industry experts from both the core and associated industries, as well as preferred manufacturers, distributors, suppliers, service providers, and technology developers, served as primary sources. Standard and certification bodies from businesses and organizations associated with every link in the value chain of this industry were also considered primary sources.

Major Growth Boosting Factors:

The geriatric population's rapid growth and the resulting rise in the prevalence of edentulism, technologically advanced solutions' development, the rise in dental tourism in emerging markets, the rising incidence of periodontal diseases and dental caries, the growing outsourcing of customization, and the growing number of dental laboratories investing in CAD/CAM technologies are the main factors driving this market's growth. There are significant development prospects shown by the rising demand for cosmetic dental operations.

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Factors Which May Hinder Growth:

However, the high cost of dental supplies and equipment, the rising expense of dental procedures, and the difficulty in obtaining medical reimbursement policies are the main obstacles that are anticipated to impede market expansion. Two of the biggest issues facing the market are the pricing pressures that leading companies are under and the lack of qualified workers.

Projected Growth in Revenue Generation:

The global dental laboratories market In terms of revenue was estimated to be worth $35.0 billion in 2022 and is poised to reach $46.5 billion by 2027, growing at a CAGR of 5.9% from 2022 to 2027.

Regional Growth Prospects:

Over the course of the projection period, the dental labs industry in APAC is expected to develop at the fastest rate.

In the Asia-Pacific region, dental laboratories accounted for almost 30% of the global market. The APAC market is expanding due to a number of factors, such as an aging population, a rise in dental tourism, a development in dental laboratories, and an increase in the outsourcing of various industrial services to the region. UN estimates indicate that 727 million individuals globally will be 65 years of age or older by 2020. There will be 1.5 billion older persons on the earth by 2050.

Dental lab product demand is expected to rise because this population is more prone to experience tooth loss and conditions like cavities and gum disease. The industry is also influenced by customer adoption of cutting-edge technology and need for improved aesthetics.

Key Players:

Prominent players in the dental laboratories market are Dentsply Sirona, Inc. (US), Envista Holdings Corporation (US), 3M Company (US), GC Corporation (Japan), Mitsui Chemicals (Japan), Planmeca Group (Finland), BEGO GmbH & Co, KG (Germany), Ivoclar Vivadent (Liechtenstein), VOCO GmbH (Germany), Shofu Dental Corporation (Japan), VITA Zahnfabrik H. Rauter GmbH & Co. KG (Germany), Kuraray Noritake Dental Inc. (Japan), Amann Girrbach AG (Austria), Schütz Dental GmbH (Germany), Nakanishi Inc. (Japan), COLTENE Holding AG (Switzerland), Institut Straumann AG (Switzerland), A-dec Inc. (US). Stratasys (US and Israel), 3D Systems (US), Formlabs (US), Roland DG Corporation (Japan), SHINING 3D (US), and Zirkonzahn (US).

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Recent Developments of Dental Laboratories Industry:

# National Dentex Corporation Acquires Dental Services of Tennessee: National Dentex Corporation, a leading national network of dental laboratories, announced in February 2021 that it has acquired Dental Services of Tennessee (DST). The acquisition will expand National Dentex’s footprint in the Southeast region of the United States and add new capabilities to its product portfolio.

# Glidewell Acquires Florida-based Dental Lab: Glidewell Laboratories, one of the world’s largest integrated dental companies, announced in March 2021 that it has acquired Citrus Dental Lab, a full-service dental laboratory based in Florida.

# 3M Acquires Dental Lab Technology Provider Digital Dental: In April 2021, 3M announced that it has acquired Digital Dental, a developer and provider of software and hardware solutions for dental laboratories and practices. The acquisition will enable 3M to offer an expanded suite of dental lab technology solutions and expand its reach in the dental lab market.

# Patterson Dental Acquires Dental Lab Equipment Manufacturer DMD Solutions: Patterson Dental announced in April 2021 that it has acquired DMD Solutions, a leading manufacturer of dental laboratory equipment. The acquisition will enable Patterson to expand its portfolio of dental lab solutions and provide customers with a more comprehensive range of products and services.

Healthcare IT: Future Growth Prospects for Key Players

Overview of This Study:

The present investigation entailed a comprehensive utilization of primary and secondary materials. To determine segmentation types, industry trends, key players, the competitive landscape of the market, and important market dynamics, including drivers, constraints, opportunities, challenges, and key player strategies, a variety of industry-affecting factors were examined.

Global Growth Driving Factors:

Government mandates and support for HCIT solutions, together with the potential presented by growing healthcare markets, are the main drivers of market growth. Nonetheless, it is anticipated that the development of this sector would be somewhat constrained by the lack of IT infrastructure in poorer nations and opposition from conventional healthcare providers.

Projected Surge in Revenue Generation:

The global healthcare IT market in terms of revenue was estimated to be worth $394.6 billion in 2022 and is poised to reach $974.5 billion by 2027, growing at a CAGR of 19.8% from 2022 to 2027.

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Leading Players:

Prominent players in the healthcare IT market include Optum, Inc. (US), Cerner Corporation (US), Cognizant (US), Change Healthcare (US), Koninklijke Philips (Netherlands), Epic Systems Corporation (US), Dell Technologies, Inc. (US), Allscripts Healthcare Solutions, Inc. (US), athenahealth (US), GE Healthcare (US), Oracle Corporation (US), Wipro Limited (India), IBM (US), eClinicalWorks (US), Infor (US), Conduent (US), Conifer Health Solutions, LLC (US), Nuance Communications, Inc. (US), 3M (US), SAS Institute, Inc. (US), Carestream Health (US), Inovalon (US), Practice Fusion, Inc. (US),  Intersystems Corporation (US), Tata Consultancy Services (India).

Different Growth Strategies Adopted by Them:

These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to further expand their presence in the human microbiome market.

In 2021, Optum, Inc. (US) held a prominent position in the healthcare IT industry. Healthcare payers, providers, employers, the government, and life science firms can all benefit from Optum, Inc.'s HCIT solutions. OptumHealth, OptumInsight, and OptumRx are the three business segments through which the corporation principally conducts business. The OptumHealth segment offers health financial services, wellness & consumer engagement, care management, and care delivery. Organizations in the healthcare sector can obtain software and information products from the OptumInsight category, including clinical documentation solutions, advisory consulting services, and business process outsourcing. OptumRx offers services and solutions to the pharmaceutical industry. The corporation has offices across the globe and invests USD 6.4 billion yearly in technology and innovation. It is well-known in the US, Australia, the UK, Canada, Brazil, Singapore, and India.

Cerner Corporation (US) is a global provider of HCIT solutions. The company offers a range of products and services such as medical device integration solutions, document management, imaging solutions, professional services, remote hosting, HCIT solutions, and other welfare and health services. Licensed Software, Technology Resale, Subscriptions, Professional Services, Managed Services, Support and Maintenance, and Reimbursed Travel are the seven key sectors through which the corporation offers these solutions. Hospitals, solo practitioner practices, healthcare providers, individual consumers, employer groups, and healthcare payers are among the company's primary end users.

In more than 35 countries, the company licenses its solutions to about 25,000 facilities, which include extended care facilities, employer sites, retail pharmacies, hospitals, physician practices, and ambulatory facilities (such as labs, behavioral health centers, cardiac facilities, radiology clinics, and surgery centers). Cerner Deutschland GmbH (Germany), Cerner France, Cerner Iberia S.L. (Spain), Cerner Ireland Ltd., and Cerner Limited (UK) are among the subsidiaries that the corporation uses to conduct business. By combining its PHM solutions with other healthcare IT solutions including telehealth, EHR, and patient portal platforms to provide virtual patient care, Cerner is continuously enhancing its product offerings.

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Geographical Growth Dynamics:

For the duration of the projection, Asia Pacific is anticipated to develop at the fastest rate.

Over the course of the projection period, the APAC market is anticipated to grow at the fastest rate. The APAC HCIT market is expanding due to a number of factors, including a sizable patient population—particularly in China and India—growing per capita income, increased healthcare industry investments by major participants in the market, and growing consumer awareness of cutting-edge technology.

Human Microbiome Market: Prominent Players, Globally..!

Overview of This Study:

In order to estimate the present size of the human microbiome market, this study includes four primary actions. A thorough investigation was conducted using secondary research methods to gather data about the market, its parent market, and its peer markets. The following stage involved conducting primary research to confirm these conclusions, hypotheses, and sizing with industry experts throughout the value chain. A combination of top-down and bottom-up methods was used to assess the overall market size. Subsequently, methods for data triangulation and market breakdown were employed to estimate the market size of various segments.

Global Growth Driving Factors:

The market is predicted to rise at a rapid pace due to the growing demand for natural and holistic treatments as well as the booming need for individualized medication. Nonetheless, market expansion is anticipated to be somewhat constrained by our incomplete knowledge of microbial interactions.

Projected Surge in Revenue Generation:

With a predicted revenue of $0.3 billion in 2023 and a projected compound annual growth rate (CAGR) of 36.1% from 2023 to 2029, the worldwide human microbiome market is expected to reach $1.7 billion.

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Leading Players:

The market for human microbiome is highly consolidated, with key players strategizing to capture majority of the market. Prominent players in the market are Seres Therapeutics, Inc. (US), Enterome (France), 4D pharma plc (UK), International Flavors & Fragrances Inc. (US), OptiBiotix Health Plc (UK), Ferring Pharmaceuticals (Switzerland), Synlogic, Inc. (US), Second Genome, Inc. (US), Vedanta Biosciences, Inc.  (US),  YSOPIA Bioscience (France), FlightPath Biosciences, Inc. (US), Finch Therapeutics Group, Inc. (US), AOBiome Therapeutics (US), BioGaia (Sweden), Quantbiome, Inc. (dba Ombre) (US), Viome Life Sciences, Inc. (US), BIOHM Health (US), DayTwo (US), Atlas Biomed (UK), Bione Ventures Private Limited (India), Luxia Scientific (France), Metabiomics (US), Sun Genomics (US), Seed Health (US), and Gnubiotics Sciences (Switzerland).

Different Growth Strategies Adopted by Them:

These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to further expand their presence in the human microbiome market.

Seres Therapeutics, Inc. (US)

The goal of Seres therapies is to create microbiome therapies to cure dysbiosis-related illnesses. The company has a robust pipeline of drugs in different stages of development, such as SER-287, which is being developed for the treatment of inflammatory bowel disease (IBD), and SER-109, which is intended to treat recurrent Clostridium difficile infection (CDI).

Seres Therapeutics' cutting-edge technological platform, which integrates bioinformatics, machine learning, and high-throughput DNA sequencing to find possible treatment candidates from the human microbiome, is another aspect that helps explain the company's dominance in the microbiome sector. With the help of this platform, the business may create tailored treatments meant to enhance patient outcomes and return the microbiome to its natural equilibrium.

Enterome (France)

Enterome's creative approach to creating microbiome-based medicines and diagnostics has made it a major participant in the human microbiome market. It is creating a series of diagnostic tests based on the microbiota. Microbial biomarkers are used in these tests to help diagnose and track a number of conditions, such as liver disorders, colon cancer, and inflammatory bowel disease.

To further enhance its R&D endeavors, Enterome has also formed a number of strategic alliances. For instance, the business and Takeda Pharmaceuticals have been working together since 2016 to develop microbiome-based medicines for the management of inflammatory bowel disease. The business and Nestlé Health Science collaborated in 2022 to create treatments and diagnostics based on the microbiome.

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4D pharma plc (UK)

Because of its creative approach to the development of microbiome-based treatments, 4D Pharma Plc is one of the major participants in the human microbiome market. Utilizing a proprietary platform technology known as MicroRx, the business is able to recognize, separate, and cultivate live bacteria from the gut microbiome. Through the process of identifying and isolating helpful bacteria with therapeutic properties, this approach allows the company to create accurate and focused medicines for particular ailments.

Furthermore, 4D Pharma is developing a robust portfolio of microbiome-based treatments at different phases of development, including Phase II and Phase III clinical trials to treat diseases like asthma, cancer, and irritable bowel syndrome. In addition, the company collaborates with major pharmaceutical companies such as MSD and AstraZeneca, which provides it with access to their expertise and resources.

Geographical Growth Dynamics:

Asia Pacific: The fastest-growing region in the human microbiome market.

The Asia Pacific human microbiome market is projected to grow at the highest CAGR during the forecast period, mainly due to increasing awareness of the importance of the microbiome in health and disease, the rising demand for personalized medicine, and advancements in sequencing technologies. The Asian market has also garnered significant attention from global players due to the increased focus on preventative healthcare and personalized medicine, driving the demand for human microbiomes.

Air Quality Monitoring System Market: Key Players Operating Globally

Overview of This Study:

This research employed a large number of primary and secondary sources. In order to determine the segmentation kinds, industry trends, major players, competitive landscape, important market dynamics, and major player strategies, the research procedure entailed analyzing a variety of industry-affecting aspects.

Global Growth Driving Factors:

The market is expected to grow as a result of rising global air pollution expenditures, government regulations governing efficient air pollution monitoring and control, rising public-private funding for efficient air pollution monitoring, rising public awareness of the negative effects of air pollution on the environment and human health, and expanding government initiatives supporting the growth of environmentally friendly industries.

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Projected Surge in Revenue Generation:

With a predicted revenue of $4.9 billion in 2023, the global market for air quality monitoring systems is expected to rise at a compound annual growth rate (CAGR) of 7.0% to reach $6.9 billion by 2028.

Leading Players:

As of 2022, the air quality monitoring systems market was dominated by Thermo Fisher Scientific (US), 3M (US), Siemens (Germany), Teledyne Technologies (US), GE Healthcare (US), Emerson Electric Company (US), Honeywell International Inc (US), HORIBA, Ltd. (Japan), Merck KGaA (Germany), and TSI Incorporated (US), among others.

Different Growth Strategies Adopted by Them:

These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to further expand their presence in the air quality monitoring systems market.

Thermo Fisher Scientific (US)

One of the top suppliers in the worldwide market for air quality monitoring systems is Thermo Fisher Scientific (US). The primary reason for its substantial market share is its extensive product line and widespread geographic reach over important areas like North America, Europe, the APAC region, and Africa. Thermo Fisher concentrates on intensive research and development as well as ongoing product development. Its broad range of products includes gas analyzers, air samplers, monitoring systems, particle matter monitors, probes, and other accessories. Thermo Scientific AerosolSense Sampler, a surveillance tool for in-air viruses, including SARS-CoV-2, was introduced by the business in March 2021.

Among the other products that have been introduced are the TSQ 9000 triple quadrupole GC-MS systems, the SOLA iQ total sulfur analyzer, the TriPLus 500 gas chromatography headspace autosampler, and the Orbitrap exploris GC 240 MS and GC-MS. Because their products are produced in compliance with international safety standards, the company is a market leader.

Siemens AG (Germany)

Siemens AG, a German company, holds a prominent position in the worldwide market for air quality monitoring systems due to its robust R&D capabilities and extensive geographic reach. With a strong sales and distribution network spanning over 190 nations, Siemens is present throughout Europe, the Americas, Asia-Pacific, the Middle East, and Africa. With about 285 significant production and manufacturing sites spread out across the globe, the corporation boasts a strong manufacturing base. It is anticipated that a broad product offering and ongoing product development as a result of large investments in noteworthy R&D projects will bolster its position in the AQM market.

Siemens' Symaro line of air quality sensors, which are utilized for demand-controlled ventilation, has helped the company establish a significant foothold in the CO2 and O2 measurement market. It is anticipated that Siemen will considerably grow its market share over the course of the projected period thanks to its strong industry presence and excellent brand recognition in the AQM market.

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Geographical Growth Dynamics:

Over the course of the forecast period, the air quality monitoring system industry is anticipated to grow at the fastest rate in the Asia Pacific region.

Over the course of the forecast period, the air quality monitoring system market is anticipated to grow at the fastest rate in the Asia-Pacific region. The region's high compound annual growth rate (CAGR) can be attributed to a number of factors, including rising air quality monitoring spending by regional governments, the increasing adoption of advanced environmental monitoring technologies, and the modernization of public and industrial infrastructure due to rising middle-class disposable income and rising GDPs of Asian countries.

Pipette Calibrators Market: Role of Leading Companies in Global Growth

Overview of This Study:

Analyzing the major market dynamics—drivers, opportunities, challenges, restrictions, and key player strategies—is the study's goal. The competitive landscape of the pipette calibrators market can be used to track company developments, including product launches, acquisitions, agreements, and partnerships with leading players, as well as to analyze market players on a variety of parameters within the broad categories of business and product strategy. Two methods were employed to estimate the market size: top-down and bottom-up. The market split and data triangulation were used to estimate the market size of the various segments and subsegments.

Global Growth Driving Factors:

Industry trends, pricing analysis, patent analysis, conference and webinar materials, important stakeholders, and market purchasing behavior are all included in the latest research study. The expanding need for pipettes in research facilities, the increased use of portable handheld calibration equipment, and the use of cloud-based calibration management are all factors contributing to the market's expansion. The existence of substitute straightforward approaches or strategies, however, may limit this market's expansion.

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Projected Surge in Revenue Generation:

The global pipette calibrators market in terms of revenue was estimated to be worth $286 million in 2024 and is poised to reach $391 million by 2029, growing at a CAGR of 6.5% from 2024 to 2029.

Leading Players:

The pipette calibrators market is consolidated and is dominated by few players. The major players operating in this market are METTLER TOLEDO (US), Sartorius AG (Germany), A&D Company, Limited (Japan), and Advanced Instruments (US).

Different Growth Strategies Adopted by Them:

These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to further expand their presence in the pipette calibrators market.

METTLER TOLEDO (US)

In 2022, METTLER TOLEDO (US) will hold a dominant position in the pipette calibrators industry. The company is well-established in over 40 nations and sells its products in over 140 countries, mostly in the pipette calibrators sector. The company's clientele is geographically broad and purchases its items. It keeps refining its global supply network, which contributes to maintaining product availability. It is anticipated that this will assist the business in holding onto its market share.

SARTORIUS AG (GERMANY)

In terms of pipette calibrators, Sartorius AG (Germany) ranked second in 2022. The company's wide range of products is principally responsible for its dominant market position. The company provides a large selection of pipette calibrators, including software and systems. In addition, the company's robust customer base is mostly due to its wide regional presence. Furthermore, the corporation receives approximately 64.3% of its sales from important markets including the Americas and EMEA. Furthermore, Sartorius stands out from its rivals because to the depth of its product offering.

A&D COMPANY, LIMITED (JAPAN)

In 2022, A&D Company, Limited, a Japanese company, ranked third in the pipette calibrators market. The Measurement and Weighing Instruments division of A&D Company handles the pipette calibrators business, which takes care of pipette testing and calibration requirements. Japan provides the corporation with 71% of its revenue.

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Geographical Growth Dynamics:

North America dominates the global pipette calibrators market.

The pipette calibrators market has been divided into four regions: North America, Europe, Asia Pacific, and Rest of the World. The availability of cutting-edge goods and the expansion of monoclonal antibody research in the biopharmaceutical industries are driving the North American market. Over the course of the projection period, the Asia Pacific segment is expected to achieve the greatest CAGR. Some of the key reasons propelling the expansion of this regional market are the increase in pharmaceutical research outsourcing, particularly in drug trials, and the advancement of life sciences research throughout Asian nations.

Respiratory Care Devices Market: Revenue Growth Predictions by 2028

Global Growth Driving Factors:

The number of patients with respiratory conditions like COPD and asthma, the rise in the number of overweight and obese people, and the rising number of preterm births are the main factors driving this market's growth. Over the past 20 years, preterm birth rates have increased globally. There is an increased risk of preterm delivery when a woman becomes pregnant at an inappropriate age, usually over 40 and under 20.

Maternal health issues such as diabetes, high blood pressure, and extensive use of infertility treatments are contributing factors to preterm births. In addition, women from particular ethnic groups have a genetic predisposition to preterm births. For example, preterm births are highly likely among African-American and Hispanic populations in the United States. Preterm birth rates are further increased by obesity and smoking during pregnancy.

Market Size Estimation:

After data triangulation from two distinct approaches, the market size for respiratory care devices was determined, as will be discussed below. Based on the degree of assumptions made in each approach, a weighted average of all approaches was determined after each one.

Revenue Growth Dynamics:

Revenue from respiratory care devices was projected to reach $21.8 billion globally in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.8% to $31.8 billion by 2028.

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Objectives of this Study:

# To define, describe, segment, and forecast the global respiratory care devices market on the basis of product, disease indications, end user, and region.

# To provide detailed information about the factors influencing the market growth (such as drivers, restraints, opportunities, and challenges).

# To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall respiratory care devices market.

# To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players functioning in this market.

# To forecast the size of the respiratory care devices market in five main regions as well as country-wise segmentation (North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa).

# To profile key players in the respiratory care devices market and comprehensively analyze their core competencies and market shares.

# To track and analyze competitive developments such as acquisitions; product launches; expansions; collaborations, partnerships, and agreements of the leading players in the respiratory care devices market.

Opportunity: Point-of-care Diagnostics

At or close to the location of patient care, point-of-care (POC) testing is carried out. The main factors creating a niche market opportunity for POC devices in respiratory diagnostics are improvements in test accuracy and the growing number of diagnostic tests available for various conditions.

Growing patient self-testing is one of the main factors propelling the POC respiratory disease diagnostics market. In the upcoming years, technological developments that are facilitating microfabrication processes and devising miniaturization are anticipated to bolster the trend of POC testing and the treatment of respiratory disorders. Government agencies in developed and developing nations alike have realized that POC technology offers a perfect opportunity to grow public healthcare networks and meet patients' unmet medical needs. Furthermore, POC testing is becoming more and more preferred as the number of qualified technicians in the centralized system declines.

Challenge: Lack of patient compliance

A major factor impeding the market's growth is patient noncompliance with CPAP therapy. Patients with respiratory and sleep-related diseases have historically had trouble adhering to their treatment plans, primarily because of a variety of problems like comfort and cost.

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Another reason why patients are unwilling to pay for treatment is the extremely low reimbursement rates in regions like Asia (China and India) and the Rest of the World. It is discovered that non-compliance is more common among CPAP users. According to studies, the claustrophobic nature of CPAP therapy makes it difficult for between 30% and 50% of patients to continue receiving it. According to another survey, discomfort from the masks or airflow was the main cause of non-compliance with treatment, with approximately half of CPAP patients stopping their device within 1-3 weeks of starting to use it.

Geographical Growth Dynamics:

The respiratory care devices market was dominated by the North American segment.

The regions of North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa comprise the global respiratory care devices market. The respiratory care devices market was dominated by North America in 2022. The North American market for respiratory care devices is anticipated to grow as a result of the region's sophisticated healthcare infrastructure and high healthcare spending. Throughout the forecast period, the US's high prevalence of asthma is anticipated to fuel demand for respiratory care devices.

Global Leading Players:

The global respiratory care devices market is dominated by a few globally established players such as Koninklijke Philips N.V. (Netherlands), General Electric Healthcare (US), ResMed Inc. (US), Fisher & Paykel Healthcare Corporation Limited (New Zealand), and Medtronic plc (Ireland). Major players adopt growth strategies to expand their geographical presence and garner higher shares in the global market.

Growth Strategies Opted by Them:

To stay competitive and grow their market share, these businesses are mainly focused on tactics like partnerships, product launches, acquisitions, agreements, collaborations, and expansions.

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Pharmaceutical Drug Delivery Market: Emerging Trends to Boost Global Growth

Global Growth Driving Factors:

Increased R&D spending, the expanding biologics market, the emergence of new products, the growing prevalence of chronic illnesses, and technology breakthroughs are all major contributors to the growth of the pharmaceutical drug delivery sector. Additionally, research and development (R&D) is a priority for pharmaceutical and biopharmaceutical companies as they create novel molecules for a range of therapeutic uses and drug delivery systems.

The companies make significant investments in R&D in order to provide the market with innovative and high-quality products. Biopharmaceutical companies have also increased their R&D spending over time. However, it is anticipated that in the upcoming years, the risk of needlestick injuries and the increased pricing pressure will somewhat restrict the market's growth.

Market Size Estimation:

Following data triangulation from various methods, the pharmaceutical drug delivery market's overall size was determined, as will be discussed below. Based on the degree of assumptions made in each approach, a weighted average of the approaches was determined after each one.

Revenue Growth Dynamics:

With a compound annual growth rate (CAGR) of 5.9%, the global pharmaceutical drug delivery market is expected to reach $2,206.5 billion by 2026 from its estimated $1,656.9 billion in revenue in 2021.

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Objectives of this Study:

# To define, describe, and forecast the pharmaceutical drug delivery market by route of administration, facility of use, application, and region.

# To provide detailed information regarding factors influencing the market growth, such as drivers, restraints, opportunities, and challenges.

# To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall pharmaceutical drug delivery market.

# To analyze the market opportunities for stakeholders and provide details of the competitive landscape for key players.

# To forecast the size of the pharmaceutical drug delivery market in five main regions (along with their respective key countries), namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa.

# To profile the key players in the pharmaceutical drug delivery market and comprehensively analyze their core competencies and market shares.

# To track and analyze competitive developments, such as acquisitions, product launches, expansions, collaborations, agreements, partnerships, and product approvals of the leading players in the pharmaceutical drug delivery market.

# To benchmark players within the pharmaceutical drug delivery market using the competitive leadership mapping framework, which analyzes market players on various parameters within the broad categories of business strategy, market share, and product offering.

Opportunity: Self-management and in-home care

Players in the pharmaceutical drug delivery market should see substantial growth prospects from self-administration and home care. The primary cause of this is the growing geriatric population, as they represent a significant market for home care medication delivery devices. This factor is also driving up demand for application-specific topical, injectable, inhalation, and transdermal drug products that meet patients' and caregivers' needs.

Challenge: Pressure on prices

Government agencies are pushing cost-cutting initiatives like lowering prescription reimbursement rates and encouraging the use of generics more frequently in both developed and developing nations. Government agencies, insurers, and patients are putting tremendous pressure on drug manufacturers worldwide to reduce costs. Because there is a high demand for affordable therapeutics in emerging markets, there is a greater uptake of drugs as a result of this downward pricing pressure. Still, this is hurting a number of pharmaceutical companies' bottom lines.

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Due to constant pressure from pharmacy benefit managers (PBMs), insurers, and public and private payers to lower pharmaceutical prices because they are worried about paying for more new medications to treat common conditions like diabetes and high cholesterol, this trend is anticipated to continue in the upcoming years.

Geographical Growth Dynamics:

Among companies involved in the pharmaceutical drug delivery market, Asia Pacific is anticipated to have the highest compound annual growth rate.

Asia Pacific is anticipated to grow at the fastest rate among regional markets for pharmaceutical drug delivery during the forecast period. The APAC market is anticipated to grow during the forecast period due to a number of factors, including the rapidly aging population, the rising prevalence of chronic diseases, the rise in healthcare spending, the increased R&D activities carried out in this region, the expansion of technological collaborations for pharmaceutical drug delivery technologies, the favorable reimbursement policies, and the rise in disposable incomes in the emerging Asian economies, like China and India.

Global Leading Players:

Major players in this market include Johnson & Johnson (US), Novartis International AG (Switzerland), F. Hoffmann-La Roche AG (Switzerland), Pfizer Inc. (US), Bayer AG (Germany), Antares Pharma, Inc. (US), Becton, Dickinson and Company (US), GlaxoSmithKline plc (UK), 3M (US), Merck & Co., Inc. (US), Sanofi (France), Amgen, Inc. (US), AbbVie Inc. (US), Genmab A/S (Denmark), Gilead Sciences, Inc. (US), Boehringer Ingelheim (Germany), among others.

Growth Strategies Opted by Them:

These companies are primarily focused on strategies such as agreements, product launches, acquisitions, partnerships, collaborations, and expansions in order to maintain their competitiveness and increase their market share.

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API Manufacturing: Global Opportunities & Forthcoming Trends

Global Growth Driving Factors:

Some of the key factors propelling this market's growth are the expansion of production capacity by biopharmaceutical and pharmaceutical companies, the increasing significance of generics, and technological developments in API manufacturing. However, it is anticipated that in the upcoming years, the market for active pharmaceutical ingredients will be restrained by the unfavorable drug price control policies in many different countries as well as the growing prevalence of counterfeit drugs.

Market Size Estimation:

The global API market size was estimated using the revenue-based approach separately for the consumable and instrument segments.

Revenue Growth Dynamics:

The market for active pharmaceutical ingredients is expected to grow at a compound annual growth rate (CAGR) of 8.2% from 2022 to 2027, from an estimated $145.9 billion in revenue in 2022 to $216.4 billion.

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Objectives of this Study:

# To define, describe, and forecast the global APIs market on the basis of type, potency, type of synthesis, type of drug, therapeutic application, and region.

# To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges).

# To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market.

# To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders.

# To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, the Asia Pacific, and the Rest of the World.

# To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies.

# To track and analyze competitive developments such as partnerships, agreements, collaborations, joint ventures, alliances, mergers & acquisitions, approvals, expansions, and R&D activities in the global APIs market.

Opportunity: Emerging biosimilars market

The main factors propelling the growth of the biosimilars market are the rising incidence of various diseases, the rise in off-patent biologic drugs, the positive results of ongoing biosimilar clinical trials, and the growing demand for biosimilars in various therapeutic applications (like blood disorders and rheumatoid arthritis). Because biosimilars are generic versions of biologics that are patented, they are less expensive than patented biologics because they are exempt from the strict regulations of many regulatory bodies. It is anticipated that over the course of the next ten years, the patents and other intellectual property rights pertaining to originator biologics will expire, providing biosimilars with an opportunity to enter the market.

Challenge: Increasing penetration of counterfeit drugs

Falsified or fake medications may contain toxic or subpar ingredients administered in the incorrect dosage amounts. The WHO estimates that less than 10% of medications are fake. It is estimated that in nations with stronger regulatory frameworks and stricter control over the pharmaceutical supply, the rate of pharmaceutical fraud is approximately 1% of all pharmaceuticals. But in low- and middle-income nations, the percentage of phony medications increases to about 50%.

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The increasing prevalence of fake medications is costing legitimate API producers money. According to estimates from the EU Intellectual Property Office (EUIPO), counterfeit drugs cost the EU pharmaceutical industry USD 30.70 billion (or EUR 26.9 billion) a year, or almost 7% of its total sales. Also, the region loses about 7,100 jobs a year as a result of fake or counterfeit medications.

The European Union's (EU) legal supply chain is intended to be kept free of counterfeit medications through the implementation of the European Falsified Medicines Directive (FMD). The European Union (EU) is concentrating on enforcing stricter safety regulations throughout Europe in areas like APIs and excipients, pharmaceutical safety features, supply chains, GDPs, and online sales.

Geographical Growth Dynamics:

North America is expected to account for the largest size of active pharmaceutical ingredient industry during the forecast period.

The market for active pharmaceutical ingredients are divided geographically into the Rest of the World (RoW), Europe, Asia Pacific, and North America. The market was dominated by North America and then by Europe. Major pharmaceutical and biopharmaceutical manufacturing facilities, a growing government emphasis on generic drugs, the growing demand for biologics and specialty drugs, and technological advancements in API manufacturing processes are the main factors propelling the overall growth of the APIs market in this region. The introduction of affordable generic versions of branded drugs, coupled with healthcare severity measures and economic factors, is expected to contribute to the modest growth of this market segment.

Global Leading Players:

The key players in the market are Pfizer, Inc. (US), Novartis AG (Switzerland), Sanofi (France), Boehringer Ingelheim (Germany), Bristol-Myers Squibb (US), Teva Pharmaceutical Industries Ltd. (Israel), Eli Lilly and Company (US), GlaxoSmithKline plc (UK), Merck & Co., Inc. (US), AbbVie Inc. (US), F. Hoffmann-La Roche Ltd. (Switzerland), and AstraZeneca plc (UK).

Growth Strategies Opted by Them:

To stay competitive and grow their market share, these businesses are primarily concentrating on tactics like agreements, product launches, acquisitions, partnerships, collaborations, and expansions.

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Healthcare IT: Global Growth Opportunities & Challenges

Global Growth Driving Factors:

Instead of using numerous tables, the updated report edition presents each listed company's financial data through 2022 in a single diagram. This will make it simple to analyze the current state of the companies that have been profiled in terms of their R&D investments, business segment focus in terms of the highest revenue-generating segments, financial strength, profitability, and important revenue-generating regions or countries. The increasing use of mHealth, telehealth, e-prescribing, and other HCIT solutions is fueling the expansion of the healthcare IT sector. But security worries and interoperability problems are hindering the expansion of the global market somewhat.

Market Size Estimation:

After data triangulation from various methods, the overall size of the healthcare IT market was determined, as will be discussed below. Based on the degree of assumptions made, a weighted average of all approaches was determined after each one.

Revenue Growth Dynamics:

Revenue-wise, the global healthcare IT market was projected to be valued at $394.6 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 19.8% to reach $974.5 billion by 2027.

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Objectives of this Study:

# To define, describe, and forecast the healthcare IT market based on product & service, component, end user, and region.

# To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges).

# To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market.

# To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders.

# To forecast the size of the HCIT market with respect to five geographic regions-North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa.

# To profile key players and comprehensively analyze their core competencies and market shares.

# To track and analyze competitive developments such as agreements, partnerships, collaborations, acquisitions, product / technology / service launches, and R&D activities of leading players.

Opportunity: Outpatient care facilities are increasingly utilizing healthcare IT solutions.

The industry is moving toward outpatient settings to cut costs of care in response to mounting pressure on health systems to do so. The estimated cost of a procedure in an outpatient surgery center is 30% to 60% less than that of an inpatient hospital setting. Convenience is yet another significant factor contributing to the growth of ambulatory care. The need for and use of HCIT solutions in outpatient settings will rise in tandem with the expansion of outpatient settings and the influx of new patients.

About 10% of US hospitals had specialized HCIT clinical documentation improvement programs for their outpatient settings, per a United Health (US)-sponsored survey. Within the next six months, an extra 10% is supposed to be put these services into place. In addition, 14% of hospitals intended to use cutting-edge solutions soon. In the upcoming years, it is anticipated that this trend will propel the use of HCIT solutions, like RCM solutions, in outpatient settings.

Challenge: Problems with interoperability

Healthcare providers are moving closer to coordinated value-based care, but there are still obstacles to overcome before HCIT solutions can be implemented, primarily related to information system interoperability. In the highly information-intensive healthcare sector, patient data is created in every department at every point of care within a healthcare organization. However, if it is not properly integrated to create a comprehensive and accurate patient record, the usability of this information is very low. There is a greater need to integrate IT systems to support accurate decision-making by healthcare professionals at various points of care delivery because many HCIT tools are being used within healthcare systems. Furthermore, the complete utilization of HCIT solutions is impeded by the lack of interoperability among health organizations with a regional or national health IT platform for data exchange.

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Integrating the more established solutions becomes more challenging as consumer technology companies release more and more medical apps and health information exchange solutions. Numerous healthcare institutions have already made investments in a range of medical devices and information management systems from different manufacturers, each with their own models and makes. In order to ensure optimal utilization, there is an increasing need to integrate various information technology systems into an organization's IT architecture as healthcare organizations adopt more and more different HCIT systems. Consequently, one of the main areas of concentration for IT infrastructure development projects is the effective integration of HCIT systems with other systems.

Geographical Growth Dynamics:

During the forecast period, North America held the largest share of the healthcare IT market.

North America led the healthcare IT market in 2021, with shares coming from Europe, Asia Pacific, Latin America, the Middle East, and Africa. The region's widespread adoption of healthcare IT solutions, strict laws governing healthcare quality, and the growing need to use healthcare IT solutions to slow down the rise in healthcare costs are all reasons for North America's sizeable share.

Global Leading Players:

Optum (US), Cerner Corporation (US), Cognizant (US), Change Healthcare (US), Philips (US), Epic Systems Corporation (US), Dell Technologies (US), Allscripts (US), athenahealth (US), GE Healthcare (US), Oracle Corporation (US), Wipro (India), IBM(US), eClinicalWorks (US), Infor Systems (US), Conduent (US), Conifer (US), Nuance (US), 3M (US), SAS (US), Carestream Health (US), Inovalon (US), Practice Fusion, Inc. (US), InterSystems (US), and Tata Consultancy Services (India) are the major players in this market.

Growth Strategies Opted by Them:

These companies are majorly focusing on the strategies such as acquisitions, product launches, agreements, collaborations, partnerships, and expansions in order to remain competitive and further increase their share in the market.

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