Latest Market Trends

Peptide Therapeutics Market Will Reach Height of USD 48.04 billion By 2025

Global Peptide Therapeutics Market is predicted to reach USD 48.04 billion by 2025 owing to rise in demand for efficient & speedy treatment of cancer and other lifestyle-related disorders. Peptides are the naturally occurring biological molecules that are used in drugs to improve the patient’s medical condition. They are highly safe and effective due to which they are widely accepted by physicians and patients for treating several ailments.

In the medical practice, they are ideal for diabetes, infectious diseases, several type of cancers, cardiovascular and other medical conditions. Peptides are highly modifiable and versatile in comparison to other drugs, which make them highly profitable to sponsors. Due to their feature of versatility, they are used in multiple medical conditions that leads to higher penetration of peptide therapeutics industry. Apart from therapeutics effects, the market is also gaining attraction due to comparatively easy marketing approval and familiarity.

Along with the growing prevalence of cardiovascular disorders and cancers, the increasing research & development activities and rich peptide therapeutics pipeline are predicted to support the growth of the market in near future. The patent expiration of various peptide drugs in future is expected to create ample opportunities for the market contributing to its growth at a significant rate.

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Peptide therapeutics have application in CNS (Central Nervous System) disorders and respiratory disorders due to features like safe, efficiency and versatility. Advanced research & development facilities and new peptide developments by pharma companies are driving the demand for reasonably priced peptide therapeutics.

Nevertheless, the large scale production of peptide with increasing complexities of peptides is a major challenge for peptide therapeutics market. The development of multifunctional peptides and rise in number of collaboration for the progress of peptide conjugates are currently ruling the market.

Latest advances in peptide synthesis technology is projected to be the key driver for the growth of peptide therapeutics industry. From among the different methods of peptide synthesis, enzymatic and chemical synthesis are important. This technology has integrated structure-activity relationships (SARs) and analog generation to increase bioavailability, increase safety & efficacy of drugs, impart protease resistance, reduce adverse effects, and develop formulations.

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The other driving factor of the market is the shift towards unexploited market. The market is witnessing several vendors focusing on developing economies due to presence of large population groups and clinical trial subjects. Factors like presence of lenient regulatory guidelines, skilled labor, limited market competition, and low manufacturing costs will encourage vendors to shift their manufacturing processes to the developing economies.

Peptide therapeutics market is categorized on the basis of application, technology, route of administration, molecule type, API peptide type, and geography. On the basis of application, the market is divided into Cancer, Metabolic, CVD, Respiratory, GIT, Anti-infective, Dermatology, CNS, Renal, etc. In terms of route of administration, the market is segmented as Parenteral, Oral, etc.

On the basis of type, peptide therapeutics industry is divided into Innovative and Generic. On the basis of technology, the market is classified into Liquid Phase, Solid Phase, and Hybrid Phase. Type of Molecule is classified into Vasopressin, Somatostatin, Calcitonin, Immunopeptide, Natriuretic, and others. On the basis of API Peptide Type, the market is divided into In-house, and CMO (contract manufacturing organization).

Geographically, peptide therapeutics market is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America and Latin America are predicted to hold larger share of the market owing to the rising incidences of cancer and other life-style related disorders.

The key peptide therapeutics industry players comprise AstraZeneca plc, Amgen Inc., Eli Lilly and Company, Sanofi, CordenPharma International GmbH, Teva Pharmaceutical Industries Ltd., Novartis AG, Ipsen S.A., Lonza Group Ltd., Merck & Co. Inc., F. Hoffmann-La Roche AG, Bachem Holding AG, PolyPeptide Group and Novo Nordisk A/S.

Market Segment:

Peptide Therapeutics, Application Outlook (Revenue, USD Million; 2014 – 2025)
• Cancers
  • Metabolic
  • Cardiovascular Disorder
  • Respiratory
  • GIT
  • Antiinfection
  • Pain
  • Dermatology
  • CNS
  • Renal
  • Others

Wiper Systems Market Will Reach Height of USD 11.07 billion By 2025

The global wiper systems market is expected to cross USD 11.07 billion by 2025. A wiper system gauges the force between blade and glass. Using a uniform wiper system leads to excellent visibility through the windshield whereas an uneven profile with a high force with one or two claws might result in single or multiple scratches. In case of low force regions, irregular wiping operations take place.

A typical windshield possess compound curves that create certain challenges in working of arm. For instance, the blade can go well with glass positions but not on the entire surface. Sequential static movements induce up-stroke and down-stroke movements that determine how well an arm assembly goes with windshield curves.

Wiper systems market is driven by factors such as surge in automobile production and rise in GDP in developing regions. Increasing developments for road infrastructure across developed and developing regions are likely to attain a significant market share in the forecast period. In addition, the market is stimulated by after sales service offered by vehicle manufactures. Rise in competition and competitive pricing also acts as a catalyst in forming a channelized market growth.

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“Type” segment for wiper systems market includes rain sensing wiper system and traditional wiper system. Rain sensing wipers account for a significant growth in the forecast period owing to the minimal cost of hardware that lessens the total cost of wiper system. “Application” segment for wiper systems industry includes commercial vehicles and passenger cars. Commercial vehicles are expected to dominate the market in the forecast period owing to rise in commercial car business for medium and large enterprises.

Geographical segmentation for wiper system market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific’s market is likely to dominate the market in the forecast period owing to a wider presence of automobile industry and rise in OEM sector. North American and European markets are anticipated to grow significantly at an astounding CAGR in the forecast period due to increase in use of automobiles and novel techniques used in manufacture of wipers of different sizes according to the size and use of vehicle.

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Prominent players in the wiper systems industry include Mitsuba, Robert Bosch GmbH, WEXCO industries, DOGA S.A., Federal-Mogul, PMP Auto Components Pty Ltd, ASMO Co Ltd, Valeo S.A., Denso and Trico Products.

Market Segment:

Wiper System Type Scope (Revenue, USD Million; 2014 – 2025)
• Traditional Wiper System
• Rain Sensing Wiper System

Wiper System Application Scope (Revenue, USD Million; 2014 – 2025)
• Passenger Cars
• Commercial Vehicles

Pressure Monitoring Market Will Reach Height of USD 11.9 billion By 2025

Blood pressure measurement is important in the diagnosing and monitoring multiple clinical conditions. It is measured with auscultatory technique (a non-invasive technique)

Global Pressure Monitoring Market is estimated to reach USD 11.9 billion by 2025 owing to the increasing pressure fluctuations occurring in important body parts that lead to chronic disorders like glaucoma, respiratory disorders, and cardiac disorders. Blood pressure measurement is important in the diagnosing and monitoring multiple clinical conditions. It is measured with auscultatory technique (a non-invasive technique).

The pressure in the cuff is then measured with the help of sphygmomanometer (also known as a blood pressure monitor, blood pressure meter, or blood pressure gauge). Pressure monitoring industry presents a favorable approach for monitoring different types of pressures in various body parts. It is extremely crucial in identifying diverse health issues of a patient. The major pressure fluctuations in important body parts may cause several chronic and acute disorders like cardiac arrest, diabetes, and glaucoma.

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The demand for pressure monitoring instruments is predicted to increase in the forecast period since they help early diagnosis of a patient’s deteriorating health condition. Additionally, the enhanced blood pressure monitoring instruments are essentially designed for subjective use which help to record patient’s health status remotely.

Patients dealing with lifestyle disorders are expected to suffer from hypertension throughout their life. Therefore, the need for pressure monitoring among these type of patients is increasing, which also increases the need for pressure monitoring instruments. The increasing aging population is yet another significant driver encouraging the growth of pressure monitoring market. The geriatric population normally suffer from hypertension and are prone to chronic disorders. This age group mostly experiences respiratory & cardiac diseases and is predicted to contribute highly toward the growth of the market in the coming years.

Technological modernizations are also fueling the growth of the market due to the emergence of novel pressure monitoring instruments. Most products are adeptly connected to smartphones and wrist-watches that self-record their blood pressure easily. Moreover, the other major players in the pressure monitoring industry are focusing on manufacturing instruments that measure intraocular pressure for the reducing the risk of glaucoma. Major manufacturers from pressure monitoring market have resorted to new product launch as their progressive strategy to carve a niche for themselves. This has proved beneficial for the healthcare centers to present vital symptoms of data directly from root automatically that reinforces the manufacturer’s portfolio of patient monitoring instruments.

Pressure monitoring industry is categorized on the basis of product type, end-users, application, and geography. On the basis of product type, the market is divided into digital Blood Pressure monitors, android blood pressure monitors, blood pressure instrument accessories, and ambulatory blood pressure monitors.

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On the basis of end-users, the market is divided into hospitals, home care settings, ASCs/clinics, diagnostic centers, and others. In terms of application, the market is classified into Respiratory, Glaucoma, and Dialysis. Geographically, pressure monitoring market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America followed by Asia Pacific is expected to hold a larger share of the market in the forecast period.

The prominent pressure monitoring industry players mentioned here comprise Contec Medical Systems Co., A&D Company, Limited, Ltd., Halma plc, Hill-Rom Holdings, Inc., Masimo Corporation, General Electric Company, Nihon Kohden Corporation, Smiths Group Plc., Koninklijke Philips N.V., and Omron Corporation.

Market Segment:

Pressure Monitoring Product Outlook (Revenue, USD Million, 2014 – 2025)
• Blood Pressure Monitors/Cardiac Pressure Monitors
      • Device
          • Automated BP Monitors
          • Ambulatory BP Monitors
          • Sphygmomanometers
          • BP Transducers
      • Accessories
          • Blood Pressure Cuffs
          • Manometers
          • Valves and Tubings
          • Bulbs
      • By Technology
          • Digital
          • Aneroid
  • Pulmonary Pressure Monitors
      • Device
          • Oximeters
          • Capnographs
          • Spirometers
      • Accessories
          • Flanged Mouth Pieces
          • Nasal Probes & Plugs
          • Filters
  • Intraocular Pressure Monitors
      • Device
      • Accessories
      • Prisms
      • Tip Covers
      • Sensors
  • Intracranial Pressure Monitors

Medical Plastic Market Will Reach Height of USD 33.6 billion By 2025

The global Medical Plastics Market size is expected to value at USD 33.6 billion by 2025. The market is subject to witness a substantial growth due to the growing demand for sterilized plastics form healthcare sector. Implementation and upgradation of infection prevention standards is one of the critical factors responsible for the growth of medical plastics industry of late.

The other factors such as rise in the number of surgical, hospital, and outpatient procedures are expected to boost the market growth over the forecast period. Globally, the medical plastics market is predicted to grow at CAGR of 5.7% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

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However, changes in prices of crude oil are considered as critical factors responsible for variations in the cost of materials like polyvinyl chloride (PVC), polyethylene (PE), polypropylene (PP), and polystyrene, thereby largely affecting market expansion during the forecast period. Additionally, increasing production in the Chinese market is predicted to fuel the price of raw material. Such factors are expected to negatively hamper market growth in the years to come.

Yet, rising healthcare expenditure by local governments and growing preference toward adoption of medical plastic by various clinics and healthcare professionals is predicted to boost market growth in the years to come. Furthermore, rising competition in the market is responsible for the development of innovative products, thus leading to market expansion.

Development of advanced grade plastics and their use in the healthcare sector is predicted to drive the growth of medical plastic industry in near future. Medical plastics are extensively integrated through-out supply chain network in healthcare sector. Growing adoption of the advanced grade plastics in all four stages in the supply chain network including end-use products that are largely utilized used by the governmental clinics, number of medical institutions & facilities, and private clinics, are predicted to amplify the growth of medical plastics market over the forecast period.

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Rise in the per capita income in both – developed and developing economies is likely to boost demand of the medical plastics in coming years. Medical plastics are known for their enhanced product quality and cost-effectiveness, particularly in comparison with their counterparts, leading to growing demand for the product. Higher production rate and easy availability of medical plastics are expected to drive market demand in next decade. Increasing adoption of thermoforming polypropylene by pharmaceutical companies is attributed to factors such as high strength packaging and higher impact resistance for the packaged products. Other advantages of the thermoforming polypropylene include high durability and sanitization, thus escalating market demand, in the recent years.

The integration of plastic into modern medicine has gradually risen over the past decade. Medical plastics have substantially reduced medicine costs, and pain management. Advanced polymers are increasingly adopted to manufacture new and enhanced artificial limbs. Such polymers are vital for production of plastic disposable delivery devices that are critical in limiting the risk of infection to patients. Medical plastics directly affect patient’s health condition, thus saving more lives with their prolonged use.

The medical plastics industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of the latest technologies in medicine and pharmaceutical sector and existence of well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market share in the medical plastic market with massive growth in forecast period.

Countries such as India, China, and Japan are leading the Asia-Pacific’s market with rise in the healthcare spending, increase in incidences of lifestyle disorders and diseases, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the medical plastics industry are Celanese Co., Eastman Chemical Co., Spectrum Plastics Group, Emco Industrial Plastics, Inc., Ensinger GmbH, Connecticut Plastics Co., and Dow Chemical Co.

Market Segment:

Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
• Medical Device Packaging
• Polyvinyl Chloride
  • Polypropylene
  • PETG
  • HDPE
  • Polystyrene
  • PEEK
  • Others
  • Medical Components
  • Polyvinyl Chloride
  • Polypropylene
  • Polyethylene
  • Polycarbonate
  • PEEK
  • ABS
  • Polystyrene
  • Engineering Plastics
  • Others
  • Orthopedic Implant Packaging
  • Polyvinyl Chloride
  • ABS
  • PETG
  • Polycarbonate
  • Others
  • Orthopedic Soft Goods
  • Polypropylene
  • Silicone
  • ABS
  • Polycarbonate
  • PEEK
  • Engineering Plastics
  • Wound Care
  • Polypropylene
  • Thermoplastic Polyurethanes
  • Others
  • Cleanroom Supplies
  • Polyvinyl Chloride
  • Polypropylene
  • PETG
  • Polycarbonate
  • PEEK
  • ABS
  • Polystyrene
  • Engineering Plastics
  • Others
  • BioPharma Devices
  • Polycarbonate
  • Silicone
  • Engineering plastic
  • Others
  • Mobility Aids
  • ABS
  • Polycarbonate
  • PEEK
  • Engineering plastic
  • Sterilization and Infection Prevention
  • Polypropylene
  • Silicone
  • ABS
  • Polycarbonate
  • PEEK
  • Engineering plastic
  • Tooth Implants
  • Polycarbonate
  • PEEK
  • Others
  • Denture Base Material
  • PMMA
  • Polycarbonate
  • Polyamide
  • Others
  • Other Implants
  • Polypropylene
  • Silicone
  • Polycarbonate
  • PEEK
  • Engineering Plastics
  • Others
  • Polyvinyl Chloride
  • Polypropylene
  • Polystyrene
  • Silicone
  • ABS
  • Polycarbonate
  • PEEK
  • Engineering plastic

Liquid Nitrogen Market Will Reach Height of USD 21.3 billion By 2025

Rise in the number of industry players that are strictly implementing environmental health and safety measure regulated by various governmental authorities to handle liquid nitrogen is expected to drive the growth of the market over the forecast period.

The global Liquid Nitrogen Market size is expected to value at USD 21.3 billion by 2025. The market is subject to witness a substantial growth due to the growing demand for liquid nitrogen in oil & gas sector and electronic devices market. Rise in the number of industry players that are strictly implementing environmental health and safety measure regulated by various governmental authorities to handle liquid nitrogen is expected to drive the growth of the market over the forecast period. Globally, the liquid nitrogen market is predicted to grow at CAGR of 4.4% in the forecast period, providing numerous opportunities for market players to invest in research and development in the market.

Increase in number of chemical and metal manufacturers in both – developed and developing economies across the globe are offering a lucrative opportunity for liquid nitrogen manufacturers to generate large revenue over the upcoming period. Additionally, rise in the use of the liquid nitrogen by electronics manufacturers for cooling of electronic devices during various manufacturing processes is expected to boost market demand of the liquid manufactures in the upcoming years.

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Increasing adoption of liquid nitrogen as a coolant and refrigerant by a number of end-user industries like pharmaceutical, metal fabrication, and frozen food sector are anticipated to drive the growth of liquid nitrogen industry over the forecast period. Other applications of the liquid nitrogen extends to food & beverages sector, rubber & plastic manufacturing, automobile sector, electronics devices market, healthcare sector, and construction & building industry.

Cryogenic distillation is considered as one of the fastest growing segments in the liquid nitrogen market with substantial revenue generation in the last couple of years. Growing popularity of the cryogenic distillation is attributed to its cost-effectiveness and high performance during production industrial gases such as nitrogen, argon, and oxygen.

The other factors spurring the demand for cryogenic distillation is increasing utilization in the fabrication of semiconductor devices. Cryogenic distillation is broadly adopted during the production of liquefied industrial gases because of the factors such as low initial investment and few utility requirements. Moreover, development of the latest techniques by prominent industry players for purification of gases at low temperatures with help of cryogenic distillation technology, is augmenting market growth of liquid nitrogen, in the recent years. Applications of cryogenic distillation techniques involve purification of industrial gases such as argon, oxygen, carbon monoxide, and light nitrogen.

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In addition, pressure swing adsorption (PSA) technology has witnessed substantial growth with a significant CAGR over the forecast period. Pressure swing adsorption (PSA) technology offers air separation for industrial gases without requiring liquefaction. Increasing demand for pressure swing technology due to factors such as lower operational cost and enhanced capabilities is predicted to elevate market demand for the pressure swing adsorption (PSA) in the upcoming period.

Substantial investment by leading industry players in research & development for the liquid nitrogen technologies is leading development of innovative products. These factors are critical for sustaining the growth of liquid nitrogen industry during the forecast period. The liquid nitrogen market is divided by regions such as North America, Europe, Asia-Pacific, Latin America and Africa.

North America has shown major growth in recent years owing to the rise in the adoption of latest technologies, increase in the developmental activities, presence of large number of manufactures & suppliers, and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold the major market share in the liquid nitrogen industry with massive growth in forecast period. Countries such as India, China, and Japan are leading the Asia-Pacific’s market with strong economic growth in the region, ever-growing population, rising living standards, and significant investment by leading industry players considering potential growth opportunities in the market.

The key players in the liquid nitrogen industry are Air Liquide S.A., The Linde Group, Praxair Incorporations, Air Products & Chemicals Incorporations, Taiyo Nippon Sanso Co., Messer Group Co., Emirates Industrial Gases Corporations, Gulf Cryo Co., Southern Industrial Gas BerhadSdn. Bhd., and Nexair LLC.

Market Segment:

Liquid Nitrogen Technology Outlook (Volume, Million Tons; Revenue, USD Million, 2014 – 2025)
• Cryogenic distillation
• Pressure swing adsorption
• Others

Liquid Nitrogen Function Outlook (Volume, Million Tons; Revenue, USD Million, 2014 – 2025)
  • Coolant
  • RefrigerantLiquid Nitrogen Storage Outlook (Volume, Million Tons; Revenue, USD Million, 2014 – 2025)
  • Cylinders & packaged gas
  • Merchant liquid/ Bulk
  • Tonnage
  • Others

Industrial Internet of Things (IIoT) Market Will Reach Height of USD 933.62 billion By 2025

Industrial IoT helps to facilitate easy access to real-time data services, thus allowing implementation of the connected systems in the various industrial processes.

Industrial IoT helps to facilitate easy access to real-time data services, thus allowing implementation of the connected systems in the various industrial processes. Industrial Internet of Things (IIoT) offers improved operational efficiency and safety, leading to increasing adoption of IoT technology for numerous industrial processes. With the advent of an integrated digital-human workforce, and development of the industrial internet and its digital application are expected to offer significant opportunities for growth over the forecast period.

The global Industrial Internet of Things (IIoT) Market size is expected to value at USD 933.62 billion by 2025. The Industrial Internet of Things industry is subject to witness a substantial growth due to the higher rate associated implementation of IoT technology across the globe. Some important factors responsible for the growth of industrial IoT industry are cost-effectiveness and easy availability for various advanced electronic devices such as processors, sensors, and other connected systems. Globally, the industrial IoT market is predicted to grow at CAGR of 27.8% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

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Industrial IoT is serving numerous industries across the globe by providing necessary worker safety, minimum operational costs, and efficient industrial outcome. Increasing competition among industry players is leading development of new product and hybrid services worldwide in order to generate fresh revenue streams by moving away from just vending products to offering numerous industrial IoT services, thus generating measurable outcomes. The Internet of Things (IoT) offers easy access to numerous connected industrial devices and machines, and provides real-time information regarding their operation. Additionally, increasing number of governmental sponsored initiatives and efforts to promote industrial IoT technology are driving the market growth. Industrial IoT enables businesses with automation, optimization and tactical or strategic goals to aid in various industrial processes.

The introduction of “Industrie 4.0” from European region serves as a multi-layered strategic initiative that incorporates the major players including private bodies and local businesses as well as from academics in order to formulate an action plan, thus complementing implementation of advanced digital techniques for industries across the European region. Growing preference towards automation of various businesses processes is complementing the integration of industrialization and digital technologies.

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Industrial IoT solutions is considered as one of the fastest growing segment in the Industrial Internet of Things (IIoT) industry with substantial revenue generation in the last couple of years. Industrial solution providers are putting substantial focus to embed and adopt connected systems, consisting of multiple information systems, devices, and sensors into number of industry verticals and business processes across the globe. This allows them to modify existing operations and develop effective business models. Industrial IoT solutions has become an integral part of various business processes, thus delivering crucial information based on real-time data captured from different resources to aid decision making processes and improve overall performance of the system.

Industrial IoT services has also witnessed substantial growth since the last couple of years with significant CAGR. Increasing adoption of the industrial IoT services in number of industrial applications is credited to the development of cloud computing market, rise in the number of government initiatives in the support for sustainable smart factories growth, and increase in number of connected systems that capture large chunks of real-time data.

The Industrial Internet of Things market is divided by region such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the growing in the awareness about benefits of IoT technology and presence prominent industry players in the region. Asia-Pacific region is predicted to hold major market share in the industrial IoT industry with massive growth in forecast period. Countries such as India, China, Japan and Taiwan are leading the Asia-Pacific market with increasing adoption of advanced automation technologies and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the industrial IoT market are General Electric Company (GE), International Business Machines (IBM) Co., Cisco Systems Incorporations, Siemens AG, and Intel Co.

Market Segment:

Industrial IoT Component Outlook (USD Billion, 2014 – 2025)
• Solution
• Remote Monitoring
  • Data Management
  • Analytics
  • Security Solutions
  • Others
  • Services
  • Professional
  • Managed
  • Platform
  • Connectivity Management
  • Application Management
  • Device ManagementIndustrial IoT End-Use Outlook (USD Billion, 2014 – 2025)
  • Manufacturing
  • Energy & Power
  • Oil & Gas
  • Healthcare
  • Logistics & Transport
  • Agriculture
  • Others

Glycobiology Market Is Burgeoning Worldwide By 2025

Glycomics is a wide and emerging scientific field emphasizing on defining functional aspects of glycans in biological systems. The higher the complexity of glycome, which is defined as the range of glycans particularly in a cell or organism leads to multiple challenges that could be subjectively decoded.

Glycobiology is the study of the structure, function and biology of carbohydrates, also called glycans. Glycans are present in every living organism. Glycobiology is a rapidly growing field in biology, with relevance to biomedicine, biotechnology and basic research.

The global Glycomics/Glycobiology Market is expected to grow at a CAGR of 14.4% in the forthcoming period. Glycomics is a wide and emerging scientific field emphasizing on defining functional aspects of glycans in biological systems. The higher the complexity of glycome, which is defined as the range of glycans particularly in a cell or organism leads to multiple challenges that could be subjectively decoded.

The challenges are resolved with progress in mass spectrometry along with expansion of genetic and cell biology studies. On the contrary, determining a specific glycan and glycan-binding proteins by incorporating new technology of glycan microarrays guide the glycan function.

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Glycomics/glycobiology industry is driven by factors such as growing investments for R&D with a strong emphasis of pharmaceutical and biotechnology companies on innovative product development. Rise in development of new vaccines for genetic diseases comprising diabetes and influenza will add to the market growth in the forecast period. Rise in government funding for R&D activities and novel approach for drug production process are the other factors driving the market.

Product segmentation for glycomics market includes enzymes, reagents, kits and instruments. Enzymes are further quad furcated into glycosyltransferases, neuraminidases, sialyl transferases and glycosidases. Enzyme segment accounts for a high market share due to wide applications for various drug recovery procedures. Application segment for glycomics/glycobiology industry includes drug discovery &development diagnostics.

Regional segmentation for glycomics/glycobiology market includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America dominates the market due to high revenue share and presence of large pharmaceutical & biotechnology firms. Presence of developed healthcare infrastructure and availability of advanced products in these regions is likely to promote the market growth.

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Asia-Pacific’s glycobiology industry is estimated to grow at a higher CAGR in the forecast period due to booming healthcare infrastructure in emerging economies. Availability of large pool of patients and low cost of clinical trials and accessibility of skilled personnel have propelled the market growth in Asia-Pacific’s market. The key players in the glycomics/glycobiology market include Thermo Fisher Scientific Inc, Agilent Technologies, Bruker, Merck KGaA, Shimazdu Corp, New England Biolabs, Waters Corporation, and Takara Bio Inc.

Market Segment:

Glycomics/Glycobiology Product Outlook (Revenue, USD Million, 2014 – 2025)
• Instruments
      • Mass Spectrometers
      • HPLC
      • MALDI-TOF
      • Array Systems
      • Others
  • Reagents
      • Glycoproteins
      • Monosaccharides
      • Oligosaccharides
      • Others
  • Kits
      • Glycan Labeling Kits
      • Glycan Purification Kits
      • Glycan Release Kits
      • Others
  • Enzymes
      • Glycosidases
      • Glycosyltransferases
      • Neuraminidases
      • Sialyltransferases
      • Others

Glycomics/Glycobiology Application Outlook (Revenue, USD Million, 2014 – 2025)
  • Drug Discovery & Development
  • Diagnostics
  • OthersGlycomics/Glycobiology End-Use Outlook (Revenue, USD Million, 2014 – 2025)
  • Academic & Research Institutes
  • Pharmaceutical & Biotechnology Companies
  • CROs

Protein Engineering Market Will Reach Height of USD 3.09 billion By 2025

What is a Protein engineering?
Protein engineering is a method to design novel proteins or enzymes with the intention to have functional properties

What is a Protein engineering?

Protein engineering is a method to design novel proteins or enzymes with the intention to have functional properties. Protein engineering is primarily based on the use of recombinant DNA technology to alter the amino acid sequences in terms of affinity, solubility, activity, resistance, etc.

The factors that propel the growth of the Protein Engineering industry include increasing occurrence of lifestyle associated diseases, increasing consciousness regarding healthcare, increasing healthcare expenditure, and growing adoption of protein-based drugs. On the other hand, there are factors that may hamper the growth of the market including lack of skilled expertise, maintenance, and high price of tools as well as instruments utilized during protein engineering. Protein Engineering Market is anticipated to grow at a significant CAGR of 15.9% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

The market may be explored by product type, technology, protein type, end users, and geography. The market may be explored by product type as services and software, instruments, and reagents. The “Instruments” segment dominated the market in 2016 and is anticipated to maintain its dominance in the forecast period.

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The key technologies that could be explored in the Protein Engineering industry include Irrational Protein Design, and Rational Protein Design. The “Rational Protein Design” segment dominated the market in 2016 and is anticipated to maintain its dominance by 2025 owing to highly accepted technology in the market in 2014. This huge share could be ascribed to its advantages over irrational protein design technology.

The Protein Engineering Market could be explored based on protein type as Insulin, Erythropoietin, Vaccines, Monoclonal Antibodies, Interferon, Growth hormones, Colony Stimulating factor, Coagulation Factor, Others (Follicle Stimulating Hormones, Enzyme Replacement, and Interleukins). The “Monoclonal Antibodies” segment dominated the market in 2016 and is anticipated to maintain its dominance by 2025 owing to increase in acceptance for several treatments such as autoimmune diseases, and cancer.

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Protein Engineering industry could be analyzed by end user as contract research organizations, academic research institutes, and pharmaceutical & biotechnology companies. The “Pharmaceutical and Biotechnology Companies” segment dominated the market. The factors contributing to the dominant share include increase in R&D funds in the pharmaceutical segment, and technological advancements in protein engineering.

North America is anticipated to hold the major share of the Protein Engineering Market. The factors that attribute to the dominant share include growing occurrence of diseases and rising adoption of protein-based drugs in the region. The North American market is followed by Europe. On the other hand, Asia Pacific is estimated to show high growth rates in the upcoming period in the global market. In the Asia Pacific region, countries such as China and India are expected to be the fastest-growing markets.

Some of the key players that fuel the growth of the Protein Engineering industry comprise Eli Lilly and Company, Thermo Fisher Scientific Inc., Merck KGaA, Bruker Corporation, PerkinElmer Inc., Agilent Technologies, Waters Corporation, Novo Nordisk A/S, Bio-Rad Laboratories Inc., Amgen Inc., and among others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

Technology Outlook (Revenue, USD Million, 2014 – 2025)
• Rational Protein Design
• Directed Evolution
• Hybrid Approach

Product Outlook (Revenue, USD Million, 2014 – 2025)
  • Instruments
  • Reagents
  • Software & Services

Protein Type Outlook (Revenue, USD Million, 2014 – 2025)
  • Insulin
  • Monoclonal Antibodies
  • Vaccines
  • Growth Factors
  • Colony Stimulating Factors
  • Coagulation Factors
  • Interferon
  • Others

Drug of Abuse Testing Services Market Will Reach Height of USD 2.9 billion By 2025

What is a Drug of Abuse Testing?

Drugs of abuse testing implies discovery of one or more prescribed or illegal substances in the blood, urine, hair, sweat, saliva. The procedure is carried out with the help of several methods like Chromatography, Rapid Testing, and Immunoassays Analyzers. Immunoassays Analyzers is the equipment that supports biochemical tests to sense substances or quantify specific proteins. The procedure takes place with the support of antibodies or antigens that perform the test.

The factors that propel the growth of the Drug of Abuse Testing Services industry include new product & service launches, enforcement of stringent laws mandating drug and alcohol testing, and regulatory approvals, and increasing consumption of drugs & alcohol. On the other hand, there are factors that may hamper the development of the market; including growing drug-related mortality, growing demand for drug of abuse treatment, and rising government entities. Drugs of Abuse Testing Services Market is anticipated to grow at a significant CAGR in the forthcoming period as the scope, product types, and its applications are increasing across the globe.

The market could be explored by sample type, testing type, drug type, end user, and geography. Drugs of Abuse Testing Services industry may be analyzed by sample type as Saliva, Breath, Urine, Blood, and Hair and Sweat. The “Urine” segment led the market in 2016 and is anticipated to maintain its dominance by 2025.

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Drug of Abuse Testing Services Market may be explored by Testing Type as Work Place Screening, Criminal Justice Testing, and Pain Management Testing. The “Workplace Testing” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to increasing safety concerns in the workplace coupled with compulsion of drug screening. Drug of Abuse Testing Services industry may be analyzed by drug type as Cannabis, Alcohol, Cocaine, Opioids, LSD, and Amphetamine. The industry may be analyzed by end user as Diagnostic laboratories, Hospitals, Forensic Laboratories, and On-the-spot Testing.

North America accounted for the major share of the Drug of Abuse Testing Services Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include increasing demand for rapid testing devices in North America and improved use of drug testing facilities in investigational procedures. North America is followed by Europe.

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Some of the key players that fuel the growth of the Drug of Abuse Testing Services industry comprise Siemens Healthineers, Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc., F. Laboratory Corporation of America Holdings, Drägerwerk AG & Co. KGaA, Abbott Laboratories, and Danaher Corporation (Beckman Coulter, Inc). The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:Drug Type Outlook (Revenue, USD Million, 2014 – 2025)
• Alcohol
  • Cannabis
  • Cocaine
  • Opioids
  • Amphetamine
  • LSD

Polyphenylene Sulfide (PPS) Market Hit Almost US$ 2.14 billion Figure By 2025

The demand for Polyphenylene Sulfide (PPS) in automobile subdivision is likely to observe a greater development because of its use in flow control valves, carburetor parts, ignition plates and exhaust gas return valves for heating systems

The global Polyphenylene Sulfide (PPS) Market is estimated to touch US$ 2.14 billion by the completion of the year 2025. The demand for Polyphenylene Sulfide (PPS) in automobile subdivision is likely to observe a greater development because of its use in flow control valves, carburetor parts, ignition plates and exhaust gas return valves for heating systems. Increasing demand for PPS because of its greater confrontation to wear, heat, erosion, chemical, and radioactivity will trigger its demand. The market was appreciated by US$ 1.00 billion in the year2016. It is estimated to develop at a CAGR of 8.8% for the duration of the prediction.

The growing demand for the product for a number of electrical & electronics uses comprising inkjet cartridges, CD/DVD optical pickup components, HDTV & projection light engine housing, connectors, fans & blowers, relays, switches, heat exchangers and circuit breakers is likely to generate the demand above the approaching years. The Polyphenylene Sulfide (PPS) market on the source of Type of Application could span Coatings, Electrical & Electronics, Industrialized, Automobile, and Others.

The subdivision of automobile application is likely to observe increase in capacity at a CAGR of 8.6% for the duration of prediction. Polyphenylene Sulfide (PPS) is more and more being utilized in the automobile manufacturing such as it offers paybacks by means of confrontation to fuel, and high temperature, transmission and brake fluids and antifreeze. Automobile applications are likely to observe the important growth in profits by a CAGR of 9.3% for the duration of prediction, because of the increasing production of automobiles in the nations comprising Japan, U.S., China, Germany, South Korea, Mexico, Taiwan, and Thailand.

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The subdivision of industrialized applications responsible for 23.6% stake of general capacity in the year of 2016 and is likely to observe substantial development by way of an outcome of growing practice of product in fittings, pumps, oil field apparatus, valves, pipes and machineries. The Polyphenylene Sulfide (PPS) market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage of these areas could span North America [U.S.A], Europe [Germany], Asia Pacific [Japan, China], Central& South America [Brazil], Middle East &Africa.

By the source of geography, Asia Pacific is expected to demonstrate important rise in income by an expected CAGR of 9.9% for the duration of prediction because of the existence of strong basis of manufacturing for the subdivisions of coating, electronics and automobile in China, India and Singapore. Speedy development in automobile manufacturing in China due to the suburbanization accompanied by great demand for SUVs and sedans is estimated to boost the scope of the market.

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Growing subdivision of aerospace due to the growing sum of inland companies in China comprising Shenyang, Jiangxi, Chengdu, Shanghai and Xi’an is additionally estimated to motivate the market above the period of prediction. Growing amount of power plants in the nation will inspire demand for Polyphenylene Sulfide (PPS) in filter bags, in that way generating enormous market prospective in the nearby future. Furthermore, existence of Polyphenylene Sulfide (PPS) producers comprising Tosoh and Toray in Japan is expected to take a constructive influence on the market in the years to come.

The North American market was prized by US$ 215.8 million in the year 2016 and is likely to observe considerable progress because of existence of most important automobile corporations comprising Mazda, Nissan and Honda Motors and new-fangled product presentations by Ford and GM. The growing aerospace manufacturing in the U.S. together with the arrival of most important aerospace corporations in Mexico are expected to trigger the demand for Polyphenylene Sulfide (PPS). The existence of manufacturing monsters together with Airbus and Boeing is expected to additionally boost the market above the period of prediction.

The statement revises Trades in terms of intake of Polyphenylene Sulfide (PPS) in the market; particularly in North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Lion Idemitsu Composites Co. Ltd., Initz Co. Ltd, Fortran Industries LLC, Kureha Corp, Tosoh Corporation, Celanese Corporation, Zhejiang NHU Special Materials, SK Chemicals, China Lumena New Materials Corp., Solvay SA, Toray Industries Inc., SABIC, Toray Industries Inc. and DIC Corp.

Market Segment:

Application Outlook (Volume, Tons; Revenue, USD Million; 2014 – 2025)
• Automotive
  • Electrical & electronics
  • Industrial
  • Coatings
  • Others