Spices and Seasonings Market Surge Towards Outstanding Growth by 2026

The global spices and seasonings market is estimated to be valued at USD 21.3 billion in 2021. It is projected to reach USD 27.4 billion by 2026, recording a CAGR of 5.2% during the forecast period. Globally, the spices & seasonings market is driven by …

Single use Bioreactors Market Size, Global Trends, Business Profiles and Forecast – 2026

The growth of the Single use Bioreactors Market is mainly driven by the increasing adoption of SUBs among small companies and startups, reduced automation complexity, ease in the cultivation of marine organisms, reduced energy and water consumption, the growing biologics market, technological advancements in SUBs, …

Edge Computing Market Extrapolated to Reach $87.3 billion by 2026

According to a research report “Edge Computing Market with COVID-19 Impact Analysis, by Component (Hardware, Software, and Services), Application (Smart Cities, IIOT, Remote Monitoring), Organization Size (SMEs and Large Enterprises), Vertical, and Region – Global Forecast to 2026″ published by MarketsandMarkets, The edge computing market size is expected …

Perforating Gun Market to Show Strong Growth in Near Future

Perforating Gun Market

The global perforating gun market is projected to reach USD 1.4 billion by 2027 from an estimated market size of USD 1.1 billion in 2022, at a CAGR of 5.6% during the forecast period. The factors driving the growth for Perforating Gun Market are rising …

What are the Segmentations of Medical Imaging Workstations Market?

Introduction of global Medical Imaging Workstations Market: The intangible facts surrounding the key restraints, opportunities, & risks that are anticipated to affect the industry’s development during the forecast period are investigated in the Medical Imaging Workstations Market report (2022-2023). Other assessments, like supply & demand, imports …

The Future of the Water Desalination Equipment Market Growth, And Research Report Breakdown

Water Desalination Equipment

The global water desalination equipment market is projected to reach USD 11.2 billion by 2026 from an estimated market size of USD 7.1 billion in 2021, at a CAGR of 9.5% during the forecast period. The factors driving the growth for water desalination equipment are …

Automotive Lightweight Material Market Projected to reach $99.3 billion by 2025

Automotive Lightweight Materials Market 

The global Automotive Lightweight Material Market is projected to grow from USD 69.7 billion in 2020 to USD 99.3 billion by 2025, at a CAGR of 7.3% during the forecast period. The increasing stringency of vehicle emission and fuel economy regulations and growing government initiatives for vehicle …

Clinical Trial Supplies Market – Future Revenue Growth Driving Factors

Major Objectives Behind This Study: # To define, describe, and forecast the global clinical trial supplies market based on type, therapeutic area, service, end user, phase, and region. # To provide detailed information regarding the major factors influencing the market growth (such as drivers, restraints, and opportunities). # To forecast the size of the market segments with respect to four major regions, namely, North America, Europe, the Asia Pacific, and the Rest of the World. # To strategically analyze micromarkets1 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 profile key market players and comprehensively analyze their service portfolios, market positions, and core competencies. # To track and analyze competitive developments such as acquisitions, service launches, expansions, partnerships, collaborations in the market. Recent Developments: # In April 2021, Thermo Fisher announced plans to acquire PPD for USD 17.4 billion to enhance its offerings in clinical research services and to support clinical trials. # In April 2021, Parexel collaborated with Veeva Systems to improve their clinical processes for clinical trial delivery and enhance Veeva’s cloud technology. Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=172240059 Major Growth Driving Factors: Market growth is largely driven by the increasing R&D expenditure in pharmaceutical and biopharmaceutical companies and the growing number of clinical trials conducted globally. However, the increasing cost of drug development and clinical trials is expected to restrain the growth of this market during the forecast period. RESTRAINTS: High cost of drug development Drug discovery and development involve high costs due to the high attrition rate of drug candidates in development. Since R&D for some rare diseases is very challenging and requires a specific group of people to conduct a clinical trial, drug R&D processes can be prone to failure. Only 7 out of 100 cancer drugs that reach the clinical testing phase end up gaining regulatory approval; most drugs fail long before this point. From drug discovery through FDA approval, developing a new medicine, on average, takes 10–15 years and costs USD 2.6 billion. Less than 12% of candidates that make it to Phase I clinical trials are approved by the FDA. This is a key factor limiting the growth of the market. OPPORTUNITY: R&D investments offer significant opportunities for the market North America and Europe, traditionally the major hubs for clinical trials, are facing challenges in terms of trial costs and patient pools. Recent health reforms in the US, the patent expiry of blockbuster drugs, and the global economic slowdown have affected the profitability of pharmaceutical companies. This is compelling several pharmaceutical companies to look for opportunities in emerging countries across the APAC, such as India, Singapore, South Korea, and China, which offer advantages such as reduced costs and easy access to a large heterogeneous patient population.  Collaborations or expansions between companies in this market indicate that they are moving towards emerging markets to help their clients reduce the overall time consumed in clinical trials, thereby reducing their overall cost and resulting in the earlier launch of products in the market (post regulatory clearance). CROs can exploit these opportunities by supporting pharmaceutical companies to fulfill their needs for clinical trial supplies. End Users: The pharmaceutical and biotechnology companies segment accounted for the largest share in 2020 Based on end users, the clinical trial supplies market is categorized into three segments—pharmaceutical & biotechnology companies, contract research organizations (CROs), and medical device companies. The pharmaceutical and biotechnology companies accounted for the largest share of 70% of this market in 2020. This share is attributed to the rising R&D efforts by these companies. Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=172240059 Geographical Growth Dynamics: North America was the largest regional market for clinical trial supplies in 2020. Geographically, the market is segmented into North America, Europe, Asia Pacific, RoW. In 2020, North America accounted for the largest share of the clinical trial supplies market, followed by Europe & Asia Pacific. The growing number of registered clinical trials and significant investments in R&D for clinical trials in this region are major factors driving the growth of the North American market. The presence of many global pharmaceutical giants, such as Pfizer, Abbott Laboratories, and Johnson & Johnson (which outsource their clinical trials to reduce the costs and time associated with completing these trials) in this region is another key driver for market growth. Projected Surge in Revenue Generation: The global clinical trial supplies market is projected to reach USD 2.9 billion by 2026 from USD 1.9 billion in 2021, at a CAGR of 8.5% during the forecast period of 2021 to 2026.

Protein Crystallization and Crystallography Market – Global Key Players, Trends, Industry Size & Forecast

Protein Crystallization & Crystallography Market

The Protein Crystallization Market is projected to reach USD 1.7 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 8.9% during the forecast period. Protein Crystallization & Crystallography Market and Top technologies : X-ray crystallography – XRC is a widely used technology for protein …

Rapid Microbiology Testing Market Opportunities, Industry Analysis, CAGR Status

Rapid Microbiology Testing Market

The Global Rapid Microbiology Testing Market is projected to reach USD 6.7 billion by 2026 from USD 4.2 billion in 2021, at a CAGR of 9.4%. Driver: Increasing incidence of infectious disease and cancer; The incidence of various infectious diseases such as HIV, tuberculosis, malaria, and pneumonia …

In-Memory Computing Market Size worth $24.5 billion by 2025

In-Memory Computing Market Size

According to a new market research report “In-Memory Computing Market by Component (Solutions & Services), Solution (IMDB (OLTP & OLAP), IMDG, and Data Stream Processing), Service, Application (Risk Management & Fraud Detection, Predictive Analysis), Vertical, and Region – Global Forecast to 2025″published by MarketsandMarkets™, the market size …

Cash Flow Management Market Size worth $1,170 Million by 2025

Cash Flow Management Market Size

According to a new market research report “Cash Flow Management Market by Component (Solution and Services), Deployment (Cloud and On-premises), End User (SMEs and Professionals), Vertical (IT and ITes, Construction and Real Estate, and Retail and eCommerce), and Region – Global Forecast to 2025″ published by …

Retail Analytics Market Trends, Share : $11.1 billion by 2025

Retail Analytics Market Size

According to a new market research report “Retail Analytics Market by Application (Merchandising Analysis, Customer Analytics, and Promotional Analysis and Planning), Business Function (Finance and Operations), Component, Organization Size, End User, and Region – Global Forecast to 2025″ published by MarketsandMarkets™, the Retail Analytics Market size to …

Calcium Silicate Insulation Market Size, Share, Global Trends, Opportunities, and Market Forecast 2026

Calcium Silicate Insulation Market

Calcium Silicate Insulation Market by Temperature (High-Temperature & Mid-Temperature), End-use Industry (Metals, Industrial, Power Generation, Petrochemical, Transport), and Region (Europe, North America, APAC, MEA, South America) – Global Forecast to 2026