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Market Highlights
The global Structural Health Monitoring market is projected to exhibit a CAGR of ~15% during the forecast period of 2022 to 2030.
The global Structural Health Monitoring market is projected to record a CAGR of ~15% during the forecast period. Structural Health Monitoring is a type of monitoring that will detect if there are any damages to the structures. Structural health monitoring can be applied to many different types of structures such as buildings, bridges, and pipelines. It can also be used on other objects such as aircraft and ships.
The COVID-19 outbreak has significantly impacted the global economy by disrupting production and demand, impacting the supply chain in the market. The government put a contingency plan in place by putting people inside their houses with no contact with the outside world. The government imposed a country-wide lockdown to minimize the risk of any further outbreaks.
There was a decrease in the demand for structural health monitoring market share. During this pandemic, people were focusing on necessary items and were avoiding the unnecessary costs. This has decreased the demand for infrastructure projects. Furthermore, the government stopped all unnecessary activities that have stopped various construction and infrastructure projects.
Segmental Analysis
The global structural health monitoring market has been segmented based on offering, technology, end-use, and region. By offering, the global structural health monitoring market has been segmented into hardware, software & services. The software & services segment is anticipated to witness rapid growth in the global structural health monitoring market. As soon as the data arrives at the sensors, the software starts monitoring and analyzing its structure. The software provides the visual representation of the data on structural behavior and allows people to see the changes in real-time so that damages can be detected at the earliest. To do this, structures need to be monitored regularly. Structural health monitoring is crucial for any project with a large infrastructure. Structural failures are also increasing frequently, which is why this technology has become more urgent. To ensure the health and integrity of various structures and systems, one can use an approach based on the data collection from sensors installed around the building or machine. These include parameters related to loading, stress, strain and acceleration. Furthermore, it can be challenging for structural engineers to process and analyze such high volumes of data. To get around this, software platforms, apps, and other coding solutions are being adopted.
By technology, the global structural health monitoring market has been segmented into wired and wireless. The wired segment is expected to be the fastest-growing market in the global structural health monitoring industry. Today, many structures are being monitored with wired systems. These include bridges, buildings, and dams. The use of wired structural health monitoring systems has gained traction in the 21st century. These include the wires, cables, and fibers that enable the acquisition of data from sensors. It also enables communication with other devices. Wired network monitoring systems are good for many things including reducing data attenuation, being high-speed, the system having no limitation on transmission range, and the network having a high system bandwidth.
Regional Analysis
Geographically, the global structural health monitoring market has been categorized as North America, Europe, Asia-Pacific, and Rest of the World. In recent years, the North American market has seen enormous development in the structural health monitoring sector. Structural health monitoring has been transforming the way buildings are built and sustained. Companies have been using this service to detect and prevent structural issues such as building collapse, fire, or structural failure that can cost thousands of dollars to repair.
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Market Highlights
According to MRFR analysis, the global downstream processing market is expected to register a CAGR of~16.09% from 2021 to 2027and hold a value of ~USD 61,174.53million by 2027.
Downstream processing refers to the series of operations required to derive pure and homogeneous protein products from biological materials such as cells, tissue culture fluid, or plant tissues. There is a high demand for the end products extracted by downstream processing, owing to the increasing applicationsin biopharmaceutical products. Thus, the downstream processing market trends is anticipated to observe significant growth during the forecast period.
Key Players
Some of the key players in the global downstream processing market are Thermo Fisher Scientific Inc. (US), Sartorius Stedim Biotech S.A. (France), Merck Millipore (Germany), Danaher Corporation (US), 3M Company (US), Boehringer Ingelheim (Germany), Lonza Group AG (Switzerland), Eppendorf AG (Switzerland), Corning Incorporated (US), and Asahi Kasei Corporation (Japan).
Segmentation
The global downstream processing market has been segmented into technique, product, application, and end user.
By technique, the market has been segregated into cell disruption, solid-liquid separation, clarification/concentration, purification techniques, and formulation. The purification techniques segment is further sub-segmented into ion exchange, affinity exchange, hydrophobic interaction, size exclusion chromatography, and others. The purification techniques segment held a significant share of the market in 2020, as it isone of the vital steps in downstream processing and has high product differentiation.
Based on the product, the global downstream processing market has been classified as chromatography columns &resins, filters, membrane adsorbers, and others. The chromatography columns &resinsis one of the most widely used product andwasestimated to bethe largest segment in 2020.
Based on application, the downstream processing market is segmented into antibiotic production, hormone production, antibodies production, vaccine production, and others. Antibiotic productionis one of the vital applications owing to increasing infectious diseases. Furthermore, the ongoing pandemic has created a huge demand for vaccine production globally which further supports the growth of the market.
Regional Analysis
By region, North America is anticipated to dominate the global downstream processing market, owing to well-established research organizations involved in research activities, the presence of a high number of contract manufacturing organizations (CMOs), and the presence of a largenumber of pharmaceutical and biopharmaceutical companies. Moreover, the rise in R&D investments by public and private players in the healthcare sectorfurther drives the market growth.
On the other hand, the European downstream processing market is driven by rising R&D expenditure by biopharmaceutical companies, increasing investments in the R&D sector, and the presence of key market players. For instance, in November 2019, Thermo Fisher Scientific, Inc. (US) announced that it is investing nearly USD 24 million in its Scotland site to expand global bioproduction capabilities with additional large-volume liquid manufacturing capacity for cell culture media.
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Overview:
Molecular modelling is a strategy that involves computational techniques that integrates creation, manipulation, and representation of molecular structures. Based on this technology, a lot of drug can be developed. This process enables scientists to run various simulations that can ensure better results for the global drug development market. The global molecular modelling market size can achieve a CAGR of 15.93% during the forecast period 2027. Market Research Future (MRFR) discloses possibilities that can be explored well in the future to ensure strong growth in the coming years.
Various factors like hike in research-related investments, growing impact from pharmaceuticals to discover new drugs, technologies to develop personalized drug, better healthcare-related investments, growing cases of chronic disease, hike in budgets for healthcare sector, and other are expected to influence the global molecular modelling market. The burgeoning biosimilars and biologics industry is expected to take the market further ahead in the coming years.
Segmentation:
Product, application, and end-users are segments that have been included in the global molecular modelling market. This analysis is expected to provide in-depth analysis of various factors that can be used later to garner more profits in the coming years.
By product, the molecular modelling market comprises software and services. The software segment is generating substantial revenue and is expected to climb up with a 13.55% CAGR. But the services segment is expected to register the fastest CAGR of 18.64% within the same time frame.
Based on the application, the global molecular modelling market can be segmented into drug development, drug discovery, and others. the drug development segment can step ahead with 13.26% CAGR during the forecast period. The drug discovery segment is deemed to register the fastest CAGR of 17.30% over the assessment period.
By end-users, the molecular modelling market comprises research centers & academic institutions, pharmaceutical & biotechnological companies, and others. The pharmaceutical and biotechnological companies are expected to register a 13.84% growth during the forecast period, whereas, the research centers and academic institutions can post a CAGR of 19.16% during the review period.
Regional Analysis:
Region-wise analysis of the global molecular modelling market has four specific regions under its coverage. These regions are the Americas, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA). The report is all set to provide better demographic analysis to assist in the exploration of several possibilities that can impact the market growth in the future.
Technical superiority, robust infrastructure, high expenditure capacity, better research & development projects, and other healthcare-related initiatives are expected to provide strong traction to the regional market. The Americas is a region that includes two regions, North and South America. North America has better market scenario than South America.
Competitive Landscape:
Prominent market players in the global molecular modelling market are Schrödinger, LLC, Cresset, Acellera Ltd., BioSolve-IT, Optibrium, Chemical Computing Group, Simulations Plus, Inc., Cambridge Crystallographic Data Centre OpenEye Scientific Software, Certara, L.P, Dassault Systèmes, and others. MRFR included these companies and profiled them for a better analysis of the global process. Such a report also includes various strategic moves taken by these companies. These moves are merger, acquisition, collaboration, and other methods.
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According to MRFR analysis, the global biopharmaceutical
excipients market size is expected to register a CAGR of~6.8% from 2021 to
2027and is expected to hold a value of ~USD 3,114.6 million by 2027
The global biopharmaceutical excipients market is driven by
several factors, such as increasing demand for oral formulations across the
globe, rising demand for customized medicines, and an increasing geriatric
population. Other factors such as increasing patients with chronic
ailmentscoupled with growing life expectancy are driving the production of
biopharmaceuticals. In addition, increasing stress, back pains, body aches, and
headaches has augmented the demand for topical type formulation, accelerating the
market growth.
The industry players focus on expanding their global
footprint by strategic partnerships, investing in some company’s stock,
acquisitions, and product launches. For instance, in February 2020, ReForm
Biologics (US) partnered with MilliporeSigma (US) to commercialize excipients
used in biotherapeutics. In August 2019, LBB Specialties (US) announced the
strategic partnership with MEGGLE (Germany)to expand its excipient distribution
channel across the US. In December 2018, Roquette (France) bought a majority
stake in excipient producer Crest Cellose (India) that enabled the company to
expand its product portfolio and presence in the Indian generic pharmaceutical
market. Furthermore, the prominent players focus on new developments, employee satisfaction,
the transformation of their research wings, and expanding their distribution
network. These factors will augment the market growth and will increase
theproduct demand in the forecast timeline.
Key Players
Some of the key players in the global biopharmaceutical
excipients market are Merck KGaA (Germany), Colorcon (BPSI Holdings Inc) (US),
BASF SE(Germany), Associated British Foods plc (UK), Signet Excipients Pvt. Ltd
(IMCD) (Netherlands), Sigachi Industries Limited (Hyderabad), Spectrum Chemical
Manufacturing Corp. (US), Roquette Frères (France), Clariant (Switzerland), DFE
Pharma (Germany), J. Rettenmaier & Söhne Gmbh + Co Kg (Germany), and Evonik
Industries AG (Germany).
Regional Analysis
North America is projected to dominate the biopharmaceutical
excipients market due to the growing adoption of the latest drug manufacturing
technologies, increasing chronic diseases, and expansion of production
capabilities of the industry players across the region. In addition,
highinvestments were made in the development of new excipient variants to
advance the product portfolio. Furthermore, the key players are involved in
collaborations, mergers, and R&D activities that propel market
growth.
Europe embraces the second-largest position in the
biopharmaceutical excipients market due to growing investments in the
pharmaceutical sector and increasing production capacity across the region. In
addition, the region experienced high demands for pharmaceutical products.
Moreover, countries such asGermany, Italy, the UK, France, and Spain have
invested huge amounts in the manufacturing of new vaccines.
Asia-Pacific is anticipated to be the fastest-growing
regional market over the projected timeline due to the rising investment in
pharmaceutical research and production facilities, increasing consumption of
medicines, and supportive government alliances and subsidy schemes. In
addition, the availability of highly skilled research employees and an
economical workforce is creating opportunities for the industry players.
Furthermore, the market in the Rest of the World is gaining
importance due to the rising number of investors, growing geriatric population
in countries such as Chile and Argentina, and expansion of the pharmaceutical
market across Latin America. However, the availability of counterfeit
pharmaceutical goods is hampering the biopharmaceutical excipient market. The
pharmaceutical companies aim atinvesting in the Middle East & Africaregion
owing to its technologically advanced labs and other research infrastructures.
Countries such as Saudi Arabia and the UAE are hiring employees throughout the
globe to advance their pharmaceutical market.
Segmentation
The global biopharmaceutical excipients market is
categorized into product and formulation. Based on the product category, the
market has been segregated into solubilizers & surfactants/emulsifiers,
polyols and carbohydrates, and specialty excipients. The carbohydrates segment
is expected to hold a considerable share of the market in 2021. Increasing
R&D activities for the development of lipid and protein excipient-based
corona vaccines is fueling the market demand. In addition, the high demand for
carbohydrate-based medicines for the infant segment is propelling the
biopharmaceutical excipient market.
Based on formulation, the global biopharmaceutical
excipients market has been classified as oral, topical, and injectables. The
oral segmentheld the major share in 2020 due to the easy intake procedure and
availability of oral medicines throughout the hospitals and retail stores.
Additionally, the demand for oral and topical formulations is accelerating due
to the growing preference for on-the-go treatment and ambulatory treatment
services coupled with increasing cases of trypanophobia.
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Market Research Future (MRFR), enable customers to unravel the complexity
of various industries through Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research
(CFR), and Market Research & Consulting Services.
Market Overview
Tissues, cell lines, and cells are tested, characterized, stored, and collected by the cell banking outsourcing industry. These activities are carried out to aid in the production of biopharmaceuticals as well as research and development activities, ensuring minimal side effects and great efficacy. The technique for cell preservation entails initially proliferating cells, which subsequently multiply into a large number of identical cells, which are then stored in cryovials for future use. The production of regenerative medicine is essentially based on the use of cells. During the projection period of 2021 to 2027, the cell banking outsourcing market is estimated to reach USD 9476.9 million, growing at a CAGR of 15.6%.
Market Trends
During the forecast period, the cell banking outsourcing market share is expected to rise due to an increase in the number of cell banks around the world. Another factor projected to drive market growth is the growing number of applications of cell-based products for research and therapeutics. Furthermore, a jump in the number of start-ups focusing on cell-based therapeutics and vaccine production is expected to drive market expansion. Similarly, the growing emphasis on regenerative and customized medicine is expected to fuel growth in the cell banking outsourcing industry. Due to well-established healthcare infrastructure, large patient populations, and significant healthcare expenditures, several key businesses focus on tailoring products and services to the American and European markets. There are no public cord blood banks in Africa, and importing cord blood units from other countries is prohibitively expensive for most patients. With first-to-market advantage, launching subsidiaries in developing regions can be advantageous.
Competitive Dynamics
The notable players of the market are CordLife (Singapore), Cleancells (France), Charles River Laboratories (US), BSL Bioservice (Germany), BioReliance (US), Sartorius (Germany), Covance (US), LifeCell International Pvt. Ltd. (India), Goodwin Biotechnology Inc. (US), GlobalStem Inc. (US), Cryo-Cell International Inc. (US), Lonza (Switzerland), PX’TherapeuticsSA (France), Wuxi Apptec (China), and the SGS Life Sciences (Switzerland).
Segmental Analysis
The global cell banking outsourcing market is divided into three categories: bank, cell, and application.
The market has been classified into three categories based on bank type: master cell banking, working cell banking, and viral cell banking. Because of its widespread utility, master cell banking is expected to have the largest market share in the worldwide cell banking outsourcing market.
The cell banking outsourcing market has been divided into stem cell banking and non-stem cell banking based on cell type. Because of its growing uses in regenerative medicine, the stem cell banking sector is expected to have the greatest market share in 2021.
Cell bank storage, cell bank preparation, and bank characterization and testing are the application segments of the cell banking outsourcing market.
Regional Overview
North America, Europe, Asia-Pacific, and the rest of the globe are the regions that make up the market.
Because of the greater adoption rates of novel technologies for the manufacturing of vaccines and therapeutic antibodies, North America is expected to have the greatest market share in 2021. Furthermore, the presence of various biopharmaceutical businesses in the region is expected to drive the cell banking outsourcing market in North America to new heights in the near future. North America is also likely to be a lucrative market due to the large number of research and development initiatives related to cytological inquiry for proteomics, genomics, and medication and vaccine development currently underway in the region. The growing demand for vaccines and biopharmaceuticals is expected to boost this region's growth.
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Overview
Cellulite production has swelled in recent years due to poor nourishment, static postures, dehydration, inflammation, eating habits, alcohol intake, among other factors. The MRFR report predicts that the market will earn a revenue level of USD 1,086.44 million at a CAGR of 8.97% by 2027.
Most corporate employees with cellulite are working on their wellbeing and fitness to amplify their productivity. Resultantly, many firms are partnering with clinics and hospitals to help their staff stay healthy. The cellulite treatment market trends is motivated by the tremendous influx of female population in metro centers due to employment as younger employees are more health-conscious and press for a better physique to avoid medical problems.
The foremost players in the cellulite treatment market are Nubway (China), Zimmer Aesthetics (Germany), Skinrex Co., Ltd. (South Korea), Cymedics (Germany), Tanceuticals, LLC. (US), Cynosure, Inc. (US), Inceler Medikal Co. Ltd. (Turkey), Syneron Medical Inc (US), Hologic Inc. (US), Cutera (US), Beijing Sincoheren S & T Development Co., Ltd, (China), Candela Medical (US), and Merz Pharma GmbH & Co. KGaA (Germany).
Segmental Analysis
The segmentation of the cellulite treatment market has been conducted based on cellulite type, treatment procedure, region, and end use. The cellulite treatment market is divided into three segments based on end use: specialized dermatological clinics, hospitals, and ambulatory surgical centers. The cellulite treatment market has been segmented based on treatment procedures into minimally invasive, non-invasive, and topical treatment. The cellulite treatment market has been divided into three segments based on cellulite type: soft cellulite, hard cellulite, san francisco cellulite treatment and edematous cellulite. The region segment of the cellulite treatment market includes North America, Asia-Pacific, Europe, and other important regions.
Detailed Regional Analysis
The regional assessment of the cellulite treatment market includes North America, Asia-Pacific, Europe, and other important regions. North America will have the greatest cellulite treatment market share in 2020, owing to well-established product development research groups, the availability of novel treatment products, the consumption of unhealthy diets, and the significant desire for the sculpted figure. The primary players are expanding their operational facilities across the region, collaborating in collaborations and partnerships, and launching new products to drive economic interests. Due to the transformation of healthcare infrastructure, the construction of R&D facilities, and increased awareness about body contouring and physical wellness, the Asia-Pacific cellulite treatment market is estimated to be the fastest regional market.
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