Pulsed Field Ablation Market Overview Pulsed field ablation market, a growing segment of the cardiac ablation market, is anticipated to grow at a compounded annual growth rate (CAGR) of ~40% during the forecast period 2023-2035. Over the years, medical researchers and practitioners have actively pursued the development of minimally invasive procedures that are less painful, have shorter recovery periods, and offer improved patient outcomes. Such techniques have been able to carve out a niche
...read moreAntibody Discovery Services and Platforms Market Overview The global antibody discovery services and platforms market size is estimated to be worth over $1.6 billion in 2023 and is expected to grow at a compounded annual growth rate (CAGR) of 12.0% during the forecast period. The usual drug development process, beginning from discovery to commercialization of a clinically validated product spans around 10-15 years and requires investments of over $2 billion. However, despite the extensiv
...read moreAgricultural Biologicals Market Overview The global agricultural biologicals market (including biopesticides market, biofertilizers market and biostimulants market) is estimated to be worth $13.76 billion in 2023. The global market is anticipated to grow at a CAGR of 9.98% during the forecast period. The growth in the market size over the next decade is likely to be the result of a rise in the demand for organic food coupled with the growing focus on sustainable agriculture. Agricultu
...read morePharmaceutical Secondary Packaging Market Overview The pharmaceutical secondary packaging market is estimated to be worth $6.2 billion in 2022 and is expected to grow at compounded annual growth rate (CAGR) of 7.6% during the forecast period. On an average, around 50 drugs are approved by the US Food and Drug Administration (US FDA) annually. Further, studies indicate that more than 100,000 tons of pharmaceutical products are consumed globally per year. In addition, over the next five ye
...read moreBiologics Fill Finish Manufacturing Overview The biologics fill finish manufacturing market, representing the opportunity for contract manufacturers, is estimated to be USD 4 billion in 2022. The global market size is anticipated to grow at a CAGR of 8.4% during the forecast period. The advent of biologics marked the beginning of a new era in the pharmaceutical industry. Over time, the growing promise of biopharmaceuticals has captured the interest of various industry and academic stakeh
...read moreHuman Microbiome Overview The human microbiome market is estimated to be worth $380 million in 2022 and is expected to grow at compounded annual growth rate (CAGR) of 23.8% during the forecast period. The human microbiome remained a largely unexplored area until 2007 when the Human Microbiome Project (HMP) was initiated. The project was undertaken to understand the concept of core human microbiome and its compatibility with the host physiology. Further, with the significant advancements
...read moremRNA Manufacturing and mRNA Synthesis Market Overview The global mRNA manufacturing and mRNA synthesis market (for services) is estimated to be worth USD 1.95 billion in 2023. The global market is anticipated to decline at a CAGR of -1.7% during the forecast period. The decline in the market size over the next decade is likely to be the result of a dip in the demand for COVID vaccines till 2035. In the past few years, messenger ribonucleic acid (mRNA) has emerged as one of the key therap
...read moremRNA Therapeutics and mRNA Vaccine Market Overview The global mRNA therapeutics and mRNA vaccine market size was estimated to be worth over USD 51 billion in 2022; non COVID-19 indications will drive the market growth during the forecast period 2023-2035. Messenger ribonucleic acid (mRNA) is a type of single-stranded ribonucleic acid (RNA), which helps in transferring genetic information in order to produce proteins. The mRNA encoding instructions for protein synthesis are transferred from a
...read moreTherapeutic Vaccines Overview The global therapeutic vaccines market is estimated to be worth $2 billion in 2022 and is expected to grow at compounded annual growth rate (CAGR) of 34% during the forecast period. Unlike the prophylactic vaccines that are designed and administered as a precautionary measure to prevent the occurrence of a disease, researchers have developed therapeutic vaccines intended to alleviate the suffering of patients already infected with the disease. Therapeutic va
...read morePeptide Therapeutics Manufacturing Market Overview The peptide therapeutics contract API manufacturing market is estimated to be worth $1.7 billion in 2022 and is expected to grow at compounded annual growth rate (CAGR) of 13.6% during the forecast period. Over the years, the popularity of biologics has led to an evident shift in the focus of pharmaceutical companies, from traditional interventions towards more complex and advanced pharmacological interventions, such as peptide ther
...read morePlant Based Biologics Market Overview The plant-based biologics and expression systems market is estimated to be worth $1.3 billion in 2022 and is expected to grow at compounded annual growth rate (CAGR) of 11.9% during the forecast period. A significant rise in the popularity of biologics has been observed over the years. The demand for such treatment modalities further witnessed a surge post the onset of the COVID-19 pandemic. At present, about 85% of the drug candidates are produced u
...read moreUpstream Bioprocessing Market Overview The single-use upstream bioprocessing equipment market is estimated to be worth $3.4 billion in 2022 and is expected to grow at compounded annual growth rate (CAGR) of 12% during the forecast period. Over time, biologics have gained significant popularity owing to their therapeutic efficacy, favorable safety profiles and ability to treat a wide variety of disease indications, which are otherwise hard to treat. The success of these interventions has
...read moreDental 3D Printing Market Overview The dental 3D printing market is estimated to be USD 2.9 billion in 2023 and is anticipated to grow at an annualized growth rate (CAGR) of 15.1% during the forecast period 2023-2035. 3D printing, also known as additive manufacturing, is a method of producing 3-dimensional objects layer-by-layer, using a computer aided design. Owing to its ability to print complex models using a wide range of materials, 3D printing has applications across various industries,
...read moreQuantum Computing In Drug Discovery: Market Overview The global quantum computing market in drug discovery is estimated to be USD 411 million in 2022 and is anticipated to grow at a CAGR of 13.6% during the forecast period. The early stages of research related to drug discovery, including the identification of a relevant biological target and a viable lead compound, play an important role in the overall success of a drug candidate in preclinical and clinical studies. The process of drug devel
...read moreNext Generation Sequencing Kits Market Overview The NGS kits market is estimated to be worth around $1.1 billion in 2021 and is expected to grow to $11.5 billion by 2035. The field of genomic data collection and analysis has evolved significantly since the introduction of a gene sequencing method by Frederick Sanger in 1977. Advances in DNA sequencing technologies have led to significant developments in a variety of healthcare-focused research fields, such as precision medicine and diagn
...read moreNovel Antibody Therapies Market The novel antibody therapy market is estimated to be worth $2.4 billion in 2023 and is expected to grow at compounded annual growth rate (CAGR) of 36% during the forecast period. Cancer is known to be one of the leading causes of deaths, worldwide. In fact, as per the annual statistics reported by the American Cancer Society (ACS) indicate that, in 2022, around 1.9 million individuals are likely to be diagnosed with various types of cancer in the US. Furth
...read moreNeedlestick Safety Market Overview The safety syringe and safety needles market is estimated to be worth $6.7 billion in 2023 and is expected to grow at compounded annual growth rate (CAGR) of 2.2% during the forecast period. According to a study published in the Canadian Journal of Infectious Disease and Medical Microbiology in 2021, more than 1.3 million cases of needlestick injuries (NSI) among health care workers (HCWs) are reported every year in the US and Europe. NSIs are kno
...read moreGlobal Medical Device Coating Market Overview The global medical device coating market is estimated to be worth USD 7.7 billion in 2023, growing at compounded annual growth rate (CAGR) of 7.7% during the forecast period. According to the World Health Organization (WHO), presently, around two million medical devices are available across the globe. It is also worth highlighting that, since 2020, the Food and Drug Administration (FDA) has approved 125 new medical devices. The growing demand for
...read moreADC Cytotoxic Payloads Market Overview The ADC cytotoxic payloads / warheads market is estimated to be worth around $267 million and is expected to grow at compounded annual growth rate (CAGR) of 12% during the forecast period. With six approved drugs, namely POLIVY™ (2019), LUMOXITI™ (2018), BESPONSA® (2017), MYLOTARG™ (2017, reapproval), KADCYLA® (2013) and ADCETRIS® (2011), and more than 300 candidates in the pipeline (clinical / preclinical stages), anti
...read moreSingle-Use Sensors Market Overview The single-use sensors for bioprocessing market is estimated to be worth around $280 million and is expected to grow at compounded annual growth rate (CAGR) of 15% during the forecast period. With several blockbuster drugs in the market and numerous others in the development pipeline, the modern biopharmaceutical industry is poised to grow at a significant pace over the coming years. The success of biopharmaceutical drugs has necessitated an upgrade of
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