Agricultural Biotechnology Industry Trends, Share and Future Analysis

The agricultural biotechnology market size is projected to cross $55.5 million by 2023, growing at a CAGR of 10.1% during 2017-2023. The market is growing mainly due to the increasing demand of agricultural biotechnology products include; the growing population size, rising per capita income, growing demand for biofuel, thriving demand for transgenic crops and regulatory support in the U.S. and Brazil.

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It has been observed that over the last decade biofuels have become a promising solution in solving environmental, and economic challenges associated with petroleum dependency and provide energy security. This increase in demand for fossil fuels is because it provides fuel security and produces less pollution, as compared to other conventional fossil fuels such as petroleum, coal and gas. Developed countries in the Europe and North America are beginning to see declines in liquid fuels consumption from the road transportation sector, due to increased vehicle fuel efficiency and growing interest in alternative fuel vehicles. For instance, according to the United States Department of Agriculture (USDA), EU-27 has a minimum target of 5.75% biofuel in 2010 and aims to increase it to 10.0%, by 2020. Also, the U.S. passed a Renewable Fuel Standard (RFS) in 2007 of 12 billion gallons of ethanol and 650 million gallons of biodiesel in 2010. The requirement for renewable fuel increases every year and it is expected to reach 36 billion gallons in 2022, further supporting the demand for agricultural biotechnology products and driving the growth of the agricultural biotechnology market.

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Key players in the agricultural biotechnology market are entering into partnerships with other firms to improve their position in the market. For instance, November 2017, ADAMA Agricultural Solutions Ltd. and Ceradis B.V. entered into an R&D agreement to develop new, innovative and sustainable crop protection products based on ADAMA’s active ingredients and Ceradis’ technology.

Some of the key players operating in the agricultural biotechnology market include Syngenta AG, Performance Plants Inc., Monsanto Company, Certis USA LLC, BASF SE, Vilmorin & Cie, Evogene Ltd., ADAMA Agricultural Solutions Ltd., KWS SAAT SE, DowDuPont Inc., and Global Bio-chem Technology Group Company Limited.

Source: P&S Intelligence

Saudi Arabia Microbiology Cell Culture Market Analysis and Future Scope

Saudi Arabian microbiology cell culture market is forecasted to reach $38.7 million by 2023. The growth is mainly driven by increasing prevalence of infectious diseases and technological advancements and regulatory approvals taking place in the market.

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On the basis of product, the microbiology cell culture market in Saudi Arabia has been categorized into consumables and instruments. Consumables are further classified into media, reagents and other consumables, where media is estimated to hold the largest share, of 44.0%, in the market in 2017. This is mainly attributable to the large value to volume ratio of media when compared to reagents and other consumables.

On the basis of type of instruments, the microbiology cell culture market in Saudi Arabia is classified into bioreactors, cell culture vessels, cell culture storage equipment and cell culture supporting equipment. Cell culture supporting equipment are estimated to hold the largest share in the microbiology cell culture instruments market of Saudi Arabia in 2017. Cell culture vessels are expected to register fastest growth in demand during the forecast period.

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On the basis of culture type, the microbiology cell culture market in Saudi Arabia is categorized into bacterial and eukaryotic cell cultures. Bacterial cell cultures are majorly used in Saudi Arabia due to its wide applications in different areas when compared to eukaryotic cell culture and is estimated to hold larger share in the market in 2017.

Some of the major players operating in the microbiology cell culture market in Saudi Arabia are Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Merck KGaA, Becton, Dickinson and Company, bioMérieux S.A., Scharlab S.L., Hardy Diagnostics, Sara Medical Supplies Factory, Medical Disposable Manufacturing Company (MDM), Saudi Prepared Media Laboratory Limited Company, Diamond Microscope Est., and General Electric Company.

Source: P&S Intelligence

Cleanroom Technology Market will Led to Huge Growth and Share in Near Future

Cleanroom technology market is forecasted to attain $5 billion value by 2023, growing at a CAGR of 5.7% during 2017-2023. The growth in the market is likely to be led by increased demand for certified products, rising healthcare expenditure, technological advancements in cleanrooms, rising demand from pharmaceutical, biotech, and medical devices industries, and favorable healthcare regulations.

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Cleanroom technology products are mainly used in the pharmaceutical, biotechnology, and medical devices industries, with some of the other users being hospitals, research laboratories and academic institutions. Pharmaceutical industry contributed the largest share to the cleanroom technology market and its growth is mainly attributable to the presence of a large number of biopharmaceutical companies, which further leads to a high production of finished pharmaceutical products, worldwide.

Based on construction forms of cleanrooms, the market is categorized as standard, softwall, hardwall cleanroom, and pass through cabinets, where hardwall cleanroom category is estimated to register the fastest growth in the market. The growth in the demand of hardwall cleanrooms is attributable to the rigid wall construction that allows for higher internal air pressures, as compared to the softwall cleanrooms, giving a better and more consistent performance.

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Globally, the key providers in the cleanroom technology market are launching new products to gain a larger market share. For instance, in September 2016, Clean Air Products Inc., a designing and manufacturing company for cleanroom systems, announced the launch of new touchscreen interface for its air showers - model CAP701KD-ST. The enhanced feature enables easier control of the cycle timings and program changes of its air showers. The HMI interface displays a visual instruction of where the air shower is in the cycle and also includes a countdown screen that informs occupants about the time remaining in the air shower.

Some of the other key players operating in the cleanroom technology market include M+W Group GmbH, E.I. du Pont de Nemours and Company, Kimberly-Clark Corporation, Taikisha Ltd., Azbil Corporation, Illinois Tool Works Inc., Ardmac Ltd., and Alpiq Group.

Source: P&S Intelligence

Telemedicine Industry Trends, Segment Analysis, Growth and Forecast by 2023

Global telemedicine market is projected to attain a size of $48.8 billion by 2023. This significant growth in the market is characterized by rising healthcare cost, increasing government funding and grants for telemedicine, increasing number of smart phone users and the surge in the prevalence of chronic and lifestyle diseases.

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Healthcare industry is filled with innovative technologies designed to improve outcomes, increase operational efficiency and expand access to health services. The deployments of telemedicine services have significantly changed the healthcare services due to various technological innovation in the field of medical device and services. It has helped healthcare providers to attend several patients remotely at the same time with unified collaborative communication solutions.

Telemedicine technology is mounting with integrated home-healthcare, connected and telemedicine platforms. For instance, SnapMD’s Connected Care platform allows healthcare systems to easily and cost effectively extends their care models to include the virtual visit, while maintaining continuity of care.

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Competitive Analysis

Some of the key players operating in the telemedicine market include LifeWatch AG, Aerotel Medical Systems Ltd., InTouch Technologies Inc., AMD Global Telemedicine Inc., OBS Medical Ltd., Cisco Systems Inc., Cerner Corporation, Allscripts Healthcare Solutions, Inc., McKesson Corporation, Honeywell Life Care Solutions, Koninklijke Philips N.V., BioTelemetry Inc., Medtronic PLC, Polycom Inc., and General Electric Company.

GLOBAL TELEMEDICINE MARKET SEGMENTATION
By Specialty
• Dermatology
• Neurology
• Gynecology
• Orthopedic
• Cardiology
• Others
By Service
• Tele-Consulting
• Tele-Monitoring
• Tele-Education
• Tele-Training
• Others
By End User
• Tele-Hospital and Clinic
• Tele-Home
By Geography
• North America
o U.S.
o Canada
o Rest of North America
• Europe
o U.K.
o Germany
o France
o Rest of Europe
• Asia
o Japan
o China
o India
o Rest of Asia
• Rest of the World (RoW)

Source: P&S Intelligence

Global Pharmaceutical Filtration Market Share, Segment Analysis, Growth and Forecast by 2023

As per the findings of the research, the membrane filter is the largest product category in the global pharmaceutical filtration market. Membrane filter is the microporous film with specific pore size, used for retaining unwanted particles or microorganisms larger than their pore size. Microfiltration has been the largest contributor to the growth of the global market, in terms of revenue, among the various techniques for product filtration. Final product processing has been the largest application area for pharmaceutical filtration, followed by raw material filtration, cell separation, water purification and air purification. Manufacturing-scale of operation has been the largest segment of the global market, based on scale of operation.

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Geographically, North America has been the largest market for pharmaceutical filtration, with the U.S. being the larger contributor to the regional market, compared to Canada. Increasing prevalence of lifestyle associated and chronic diseases, rising geriatric population and increasing production of biopharmaceuticals are the factors that have been driving the growth of the North American market for pharmaceutical filtration. The U.K. has been the largest contributor to the European market for pharmaceutical filtration, followed by Germany and France. The market is expected to witness the fastest growth in Asia-Pacific during 2017 - 2023, owing to increasing cases of chronic diseases, increasing healthcare expenditure leading to increasing research and development spending and increasing geriatric population.

Globally, the increasing prevalence of chronic diseases has been playing a key role in the growth of the pharmaceutical filtration market. The rapidly increasing burden of chronic diseases further compels government organizations and healthcare providers to provide improved facilities for effective disease treatment leading to increased drug launch globally.

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Some of the key players in the global pharmaceutical filtration market include Merck KGaA, Pall Corporation, GE Healthcare, 3M Company, Parker Hannifin Corporation, Sartorius Stedim Biotech S.A., Eaton Corporation PLC, Graver Technologies, LLC, Amazon Filters Ltd. and Meissner Filtration Products, Inc.

Source: P&S Intelligence