Sunday, 9 May 2021

Sepsis Diagnostics Market SWOT Analysis, Growth Outlook, by Top Key Players

 The global sepsis diagnostics market size is predicted to reach USD 1.03 billion by 2027 according to a new study by Polaris Market Research. The report “Sepsis Diagnostics Market Share, Size, Trends, Industry Analysis Report, By Product (Instruments, Blood Culture Media, Assay Kits & Reagents, Software); By Technology (Microbiology, Molecular Diagnostics, Biomarkers, Immunoassays, Flow Cytometry); By Pathogen (Bacterial Sepsis, Fungal Sepsis, Others); By Testing Type (Laboratory Testing, PoC Testing); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The key factors responsible for the market growth include innovations in biomarker-based sepsis diagnosis; growing medical attention towards ill effects of sepsis and its economic burden; and the development of technologically advanced rapid PoC diagnosis systems. Moreover, the favorable reimburse scenario in developed economies and burgeoning healthcare infrastructure in low and middle-income countries is expected to propel market growth.

 

The market is fragmented based on product, technology, pathogen, type, and region. In terms of product, the market is segmented into instruments, blood culture media, assay kits and reagents, and software. Based on technology, the market is further bifurcated into microbiology, molecular diagnostics, biomarkers, immunoassays, and flow cytometry. Based on pathogen, the market is classified as bacterial sepsis, fungal sepsis, and others. The type segment is further divided into laboratory testing, and PoC testing.

 

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Segment Highlight

  • The blood culture media segment accounted for the largest revenue share of the global market as it is used in maximum cases for diagnosis. However, the kits & reagents market segment is expected to witness fastest growth over the forecast period.
  • Microbiology technology segment is expected to account for the largest revenue share by the end of 2027 as the technology aids in quantitative identification and detection of microorganisms through culture media tests
  • Laboratory testing segment is expected to witness significant growth over the forecast period on account of the increasing number of blood cultures conducted in laboratories across the globe
  • North America region is dominating the market, holding a significant market share throughout the forecast period. The presence of major players in the region, industry-academia collaboration, and intellectual capability of the U.S. are major factors responsible for the region’s growth

 

List of Key Players

  • bioMérieux
  • Becton Dickinson
  • Danaher Corporation
  • Abbott Laboratories
  • Thermo Fisher Scientific
  • EKF Diagnostics
  • Roche Diagnostics
  • Others

 

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Polaris Market Research has segmented the sepsis diagnostics market report on the basis of product, technology, pathogen, type, and region:

 

Sepsis Diagnostics, Product Outlook (Revenue – USD Million, 2016 – 2027)

  • Instruments
  • Blood Culture Media
  • Assay Kits & Reagents
  • Software

Sepsis Diagnostics, Technology Outlook (Revenue – USD Million, 2016 – 2027)

  • Microbiology
  • Molecular Diagnostics
  • Immunoassays
  • Flow Cytometry

Sepsis Diagnostics, Pathogen Outlook (Revenue – USD Million, 2016 – 2027)

  • Bacterial Sepsis
  • Gram-Positive Bacteria
  • Gram-Negative Bacteria
  • Fungal Sepsis
  • Others

Sepsis Diagnostics, Type Outlook (Revenue – USD Million, 2016 – 2027)

  • Laboratory Testing
  • PoC Testing

Sepsis Diagnostics, Regional Outlook (Revenue – USD Million, 2016 – 2027)

  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

Read More : https://www.medgadget.com/2021/02/sepsis-diagnostics-market-size-is-projected-to-reach-us-1-03-billion-by-2027-exclusive-study-by-polaris-market-research.html

Electronic Contract Manufacturing Service Market Top Trends, Business Opportunity, and Growth Strategy

 According to a new study published by Polaris Market, the global Electronic Contract Manufacturing Services market is anticipated to reach USD 554.2 billion by 2026. With the rising competition in the electronics industry, increasing cost reduction pressure on OEMs, complexity of electronic products, and decreased product lifecycles, the demand Electronic Contract Manufacturing Services market has boosted globally.

 

For attaining this, OEMs are seeking support from electronic contract manufacturing companies. These OEMs (hirer) subcontract electronic manufacturing contract companies to take advantage from their design expertise, supply chain management, and manufacturing capabilities. This helps the OEMs to leverage resources, reduce costs, access prominent manufacturing technologies, as well as reduce fixed capital investments and fulfil the Electronic Contract Manufacturing Services market demand.

 

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The major players operating in the electronic contract manufacturing services market include Flextronics International Ltd, Hon Hai Precision Industry (Foxconn), Universal Scientific Industrial Co Ltd, Shenzhen Kaifa Technology, Beyonics Technology, New Kinpo Group, Benchmark Electronics, Sanmina-SCI, Zollner Elektronik, Celestica, Jabil, Inc., and Elcoteq SE among others.

 

In addition to this, electronic contract manufacturing also helps in retaining in-house activities and control responsibilities including, quality assurance, product cost management, network solutions integration, customer service, order management, customer interactions, and introduction of new products. These factors are highly responsible for propelling the Electronic Contract Manufacturing Services market growth for electronic contract manufacturing services during the forecast period.

  

The design & engineering segment is expected to notice a high growth during the projected period attributed to increasing preference of OEMs for subcontracting their design requirements. Also, the global market is observing an increase in growth, with the surging demand for electronic circuit boards attributed to its rising significance in several electronic devices including, smart phones and tablets. Several OEMs are subcontracting their circuit assembly requirements to contract manufacturers, resulting in significant increase in their profit margins.

 

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The market operates in a highly competitive environment particularly, the players located in Taiwan and China are providing very economical subcontracted services for manufacturing. The current major focus of these vendors is to support and promote green technologies in their manufacturing processes. Another trend noticed in the current market scenario is increase in acquisitions, mergers and partnership activities. Moreover, the Electronic Contract Manufacturing Services market growth in the North American region is propelled by automotive as well as medical industries. Several R&D centers as well as healthcare institutes in North America are focused on the development of innovative diagnostic products that they plan to outsourcing from contract manufacturers. Such factors are expected to boost the market in the region.

 

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Computer Aided Engineering Market Share Business Opportunities and Latest Trends

 According to a new study published by Polaris Market, the global Computer Aided Engineering Market is anticipated to reach USD 11.86 billion by 2026. The increasing penetration of smartphones and tablets are the major factors driving the demand for CAE software. The developing economies worldwide are witnessing high increase in the demand for consumer electronics owing to rising affordability of the people. Further, augmented use of modern engineering modes including, 3D printing, building information modeling, concurrent engineering, and 3D modelling are bolstering the computer aided engineering market growth for CAE software worldwide. However, factors such as piracy of CAE software as well as rising open-source threat are hampering the market growth to certain extent. Also, inadequate technical expertise and lack of skilled labor in several countries globally is restricting the growth of the computer aided engineering market.

 

Some of the key players operating in the computer aided engineering market includes Casio Computer Co., Ltd., BenQ Corporation, Dell Technologies, Inc., Seiko Epson Corp., NEC Display Solutions, PLM Software, Inc., Dassault Systemes, Exa Corporation, ESI Group, and Numeca International among others.

 

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On the other hand, cloud-based CAE tools helps the vendors to escalate market penetration in small as well as medium sectors by providing advantages such as reduced maintenance costs and operating costs as well as mobility of the companies. Further, CAE software plays a significant role in the economic growth of several industries including aerospace & defense, automotive, finance, oil & gas, and healthcare among others.

  

During the past few years, a trend has been noticed in the CAE software marketplace. The players operating in the computer aided engineering market are entering into partnerships as well as mergers & acquisitions between the CAE providers and resellers. This has resulted in increased presence of value-added resellers in large number, which is further acting as a driver to boost computer aided engineering market growth. CAE software offers broad application range as well as supports various tasks including, analysis, simulation, validation, and manufacturing of engineering products. Although, CAE software is an analysis and troubleshooting tool, several critics claims that there is a delay in the accurate results, which acts as a hindrance to the market growth. Also, due to availability of open-source solutions, companies often avoid to make investments in attaining commercial licenses of CAE solutions thus, further restraining the CAE software market growth. Moreover, increasing computational fluid dynamics adoption that facilitates in reducing electric vehicles costs as well as forecast of thermal conditions, is anticipated to propel the growth of the computer aided engineering market during the coming years.

 

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On the basis of geography, Europe is anticipated to account for the major share of the computer aided engineering market in terms of revenues, followed by North America. Also, Asia Pacific computer aided engineering market is expected to demonstrate high growth during the forecast period. The presence of strong automotive industry in Europe and consumer electronic industry in developing nations of Asia Pacific are the factors influencing market growth for computer aided engineering. Further, governments of the developing nations of Asia Pacific region are encouraging the growth of their manufacturing sector by providing funds, subsidies, and tax benefits in order to boost their economic growth. This is anticipated to support the market growth owing to constant increase in the manufacturing sector. Some of such initiatives include Make in India as well as Made in China 2025. Also, automation of industrial equipment is rising at a very high pace, which is likely to bolster the computer aided engineering market growth. Moreover, constant increase in the labor costs worldwide is encouraging the adoption of equipment automation by the manufacturing industries thereby, positively influencing the market growth.

 

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Friday, 7 May 2021

Probiotics Ingredients Market Size, Key Company Profiles, Types, Applications and Forecast

 The global probiotics ingredients market size is estimated to reach USD 3.97 billion by 2026 and is anticipated to grow at a CAGR of 6.9 % from 2019 to 2026 according to a new study published by Polaris Market Research. Probiotics are live bacteria’s that facilitates digestive functioning in human body. Most of the bacteria are considered under probiotic but in specific terminology Lactobacillus is commonly found across fermented food and beverages. The common application of probiotics in human includes treatment of certain conditions such as Irritable bowel syndrome, Inflammatory bowel disease, and diarrhea caused by antibiotics.

 

Wide uses of probiotic ingredients across healthcare sectors including medical nourishment that consists of beneficial bacteria’s, wholesome sustenance and supplements are relied upon to drive the market development over the estimate time frame. Expanding R&D investments in dietary supplements by major manufacturers is expected to open new market avenues for the probiotic ingredients market. Manufacturers have created and distinguished restrictive strains of probiotics for explicit applications to meet specific prerequisites for various therapeutic conditions. For example, Lactobacillus fermentum VRI-003 PCC and Lactobacillus rhamnosus HN001 are utilized to fix dermatitis. This trend of identifying probiotic strains for specific applications is also expected to boost expansion of the global market.

 

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Product development in nutritional beverages including yogurt, juices, fermented tea, and pickles by prominent players, for example, Danone, is anticipated to positively impact market growth. Danone’s product Activia, a probiotic drink invigorated with dairy ingredients. Easy availability of probiotic foods in specialist shops, supermarkets and pharmacies is expected to increase product awareness among consumers and promote brand image among conscious buyers, which, in turn, will boost development of the market.

 

Asia Pacific is expected to remain as one of the lucrative regions over the estimated period. Significant spending on incorporation of probiotic elements for preventive healthcare along with sports nutrition by major player such as GSK and Pfizer can impel market growth. Strong demand for probiotics ingredients from China and Japan, by virtue of rising consumer awareness with respect to proper digestion along with cardiovascular and gastrointestinal health is expected to boost the market growth. The global probiotics ingredients market has witnessed high level of integration by the market players. Some of the key players in the industry include Biocodex Inc. Danone Inc., Chr. Hansen Holding A/S, Lallemand Inc, and Danisco A/S.

 

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Biochar Market Size, Key Company Profiles, Types, Applications and Forecast

 The global biochar market is estimated to reach USD 3.23 billion by 2026 growing at a CAGR of 9.1% during the forecast period, according to a new study published by Polaris Market Research Biochar, a carbon rich product or a pyrogenic black carbon that has been attracting significant attention in both academic and political arenas. Much of the product’s attention is owing to its potential to mitigate the climate change, offer food security along with offering a solution for organic waste management.


Product application to soils has been gaining immense interest worldwide, owing to its potential to enhance soil capacity of nutrient retention and soil’s water holding capacity. Moreover, this also helps in sustainable storage of carbon thereby reducing greenhouse gas emissions.However, commercialization of biochar as a soil additive is yet to achieve its full potential among its primary users, the farmers. To make this happen, the industry participants manufacturing biochar are focused on arranging several programs in different geographical marketspaces to explicitly educate farmers.


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Farming methods including mixing the product with seeds and fertilizers, uniform mixing with soil, applying through no till systems deep banding of soil with plow, hoeing into ground, top-dressed, applying char and compost on raised beds. However, the type of application of biochar to soil depends on farming system, labor and available machinery. These types of methods are promoted and increasing use of such methods among farmers will boost product application and henceforth its overall demand.


Biochar retains its potential to control/mitigate climate change owing to its inherent fixed carbon in the raw biomass, which would otherwise degrade to the greenhouse gases and sequestered within the soil for years. The product acts as tool for soil amendment owing to its beneficial impact on cation exchange that leads to higher water holding capacity and greater soil pH, and an affinity for macro and micro plant nutrients.

Although biochar applications have been increasing owing to its great agricultural and environmental contributions, there are also controversial restraining factors of the product. Cutting of timber, a major feedstock of biochar is the primary concern which might lead to complete deforestation and eventually threaten the food security. As this could compromise on the amount of rainfall useful for agriculture. Hence, to avoid this industry participants and government organizations are focused on producing it from saw dust, waste wood, rice husk, rice straw, empty bunches of fruit etc.


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The global biochar market is a moderately growing sector and numerous companies participate in the marketspace from different phase of the industry value chain. Some of the leading participants include BlackCarbon A/S , Biochar Industries, Swiss Biochar GmbH, Carbon Terra GmbH, Biochar Ireland, Sunriver Biochar, Pacific Biochar Benefit Corporation, Waste to Energy Solutions Inc., Airex Energy, Carbon Gold, Clean Fuels B.V., 3R ENVIRO TECH Group, Earth Systems PTY. LTD., ArSta Eco, Pacific Pyrolysis, Biochar Supreme, LLC, Phoenix Energy, The Biochar Company, Vega Biofuels, Inc., Cool Planet Energy Systems Inc., Biochar Products, Inc., Diacarbon Energy Inc., and Agri-Tech Producers, LLC.

Methanol Market Share Business Opportunities and Latest Trends

 The global methanol market is estimated to reach USD 91.53 billion by 2026 growing at a CAGR of 9.8% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Methanol Market Share, Size, Trends, & Industry Analysis Report, [By Feedstock (Natural Gas, Coal), By Derivatives (Formaldehyde, Acetic Acid, Gasoline, MTO, Gasoline, MMA), By End-Use (Automotive, Construction, Electronics, Paints & Coatings, Pharmaceuticals), By Regions]: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the natural gas feedstock segment dominated the market, in terms of revenue. In 2018, North America accounted for the majority share in the global market.

 

Methanol is one of the largely produced chemicals in bulk by making use of feedstock such as natural gas and coal. Approximately 200,000 kilo tons of methanol is being consumed every day for the production of other chemicals or as transportation fuels. The global methanol industry apart from large number of producers constitutes of thousands of technology innovators, distributors, service providers, and downstream manufacturers.

 

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Rising formaldehyde manufacturing is primarily driving the global methanol demand. Methanol is a key chemical in the production of formaldehyde which is further modified to from glues, resins, and plastics. It is also used largely in the production of acetic acid which is used in the manufacturing of PET products and polyester fibers. Methanol is among one of the largest industrial chemicals that is an essential building block for other chemical compounds.

 

One of the fastest growing end-use of methanol in the current scenario includes methanol to olefins (MTO). Ethylene and propylene are olefins with massive demand in the plastic growth. MTO growth opportunities have majorly appeared in China and are typically produced by the steam cracking of ethane and naphtha.

 

Methanol market is crucially more complex with some of its derivative affordability highly dependent on fluctuations in the prices of crude oil. The global methanol industry is anticipated to witness moderate growth rates during the forecast period. This is due to maturity in direct gasoline blending and moderating growth rates of MTO projects, especially arising from the Northeast Asia.

  

The end-use applications of methanol are further serving applications in direct sectors such as packaging, textiles, construction, coatings, furniture, paints, and few others. The overall market demand of methanol is considerably complex and is impacted by several factors such as fuel consumption, fuel prices, biofuel mandates, environmental policies, plastic consumption, chemical demand, and consumer housing/construction markets.

 .

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Asia Pacific is the dominant regional market for methanol followed by North America and Europe respectively. Northeast Asia is is the major region for the production of methanol. While the production stagnated in most of the regions since the turn of the century, it gained immense significance in Northeast Asia due to high demand from China.

 

Regions such as Middle East are low cost regions with competitive production, where it is basically a swing supplier to North America and Europe. The global ethanol pricing originates is China and on basis of same benchmarking the prices are set by the Middle East.

 

Global methanol market constitutes of large number of multinational and domestic companies and is highly fragmented. Some of the major industry players for methanol include Methanex Corporation, Methanol Production Company, Eastman Chemical Company, BASF SE, SABIC, and Petronas.

Dried Blood Spot Collection Market Size, Key Company Profiles, Types, Applications and Forecast

 The global dried blood spot collection cards market expected to reach USD 339.5 million by 2027 according to a new study by Polaris Market Research. The report Dried Blood Spot Collection Cards Market Share, Size, Trends, Industry Analysis Report, By Card Type (Whatman 903, Ahlstrom 226, FTA, Others); By Application (Newborn Screening, Infectious Disease Testing, Therapeutic Drug Monitoring, Forensics, Others); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The recent surge in COVID-19 pandemic, rising newborn screening through dried blood spot collection cards for hereditary and metabolic disorders, innovations, and its wide applicability in diagnosing varied diseases coupled with new product launches are few factors attributed to the market growth for dried blood spot collection cards. For instance, in June 2020, PerkinElmer Inc. introduced the DBS test for COVID-19 in the market utilizing its DELFIA platform with a capacity of up to 5,000 samples in a day. This sample collection allows both de-centralized collection and efficient testing.

 

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Segment Highlights

  • The Whatman 903 dried blood spot collection cards industry segment accounted for the largest revenue share in 2019 owing to the emergence and increasing incidences of genetic disorders. The market segment held over 25.0% of the global share in 2019.
  • Based on application, the new-born screening dried blood spot collection cards industry segment is projected to constitute almost half of the market in 2027. The recent surge in neo-natal disorders is expected to be primarily responsible for the market segment’s growth over the forecast period.
  • North American dried blood spot collection cards industry accounted for the largest share in terms of revenue in 2019. The region has a well developed medical infrastructure and government-sponsored newborn screening programs, which drives the market demand for such products.
  • Qiagen, PerkinElmer, and Roche Diagnostics are a few of the major market players operating in the dried blood spot collection cards industry. Increasing research & development and a wide range of product offerings are a few prominent strategies adopted by the dried blood spot collection cards industry players.

List of Key Players

  • Qiagen
  • PerkinElmer
  • Roche Diagnostics
  • Shimazdu (Novilytic Labs)
  • Ahlstrom-Munksjö
  • Pall Corporation
  • Eastern Business Forms, Inc.
  • ARCHIMEDlife
  • Centogene AG
  • Others

 

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Polaris Market Research has segmented the dried blood spot collection cards market report on the basis of type, application, and region:

 

Dried Blood Spot Collection Cards, Type Outlook (Revenue – USD Million, 2016 – 2027)

  • Whatman 903
  • Ahlstrom 226
  • FTA
  • Others

Dried Blood Spot Collection Cards, Application Outlook (Revenue – USD Million, 2016 – 2027)

  • Newborn Screening
  • Infectious Disease Testing
  • Therapeutic Drug Monitoring
  • Forensics
  • Others

Dried Blood Spot Collection Cards, Regional Outlook (Revenue – USD Million, 2016 – 2027)

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • UK
    • Italy
    • Spain
    • Netherlands
    • Austria
  • Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • South Korea
    • Indonesia
  • Central & South America
    • Mexico
    • Brazil
    • Argentina
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Read More : https://www.medgadget.com/2021/02/dried-blood-spot-collection-cards-market-to-surpass-339-5-million-by-2027-exclusive-study-by-polaris-market-research.html

Livestock Monitoring Market Size, Key Company Profiles, Types, Applications and Forecast

 The global livestock monitoring market expected to reach USD 10.93 billion by 2027. according to a new study by Polaris Market Research. The report “Livestock Monitoring Market Share, Size, Trends, Industry Analysis Report, By Animal Type (Cattle, Poultry, Swine, Equine); By Component (Hardware, Software, Services); By Application (Milk Harvesting, Breeding Management, Feeding Management, Animal Health Monitoring & Comfort, Heat Stress, Behavior Monitoring), By Regions; Segment Forecast, 2020 – 2027”

 

The global livestock monitoring market is driven by the growing need to increase farm productivity, innovations in cattle feed rich in protein, reducing supply chain hiccups, and technological advancements in real-time cattle monitoring. Technology providers attempt to reduce the time-consuming task of cattle monitoring with automated systems at reasonable subscription-based charges. Corporatization of cattle farms across the developed economies also favoring the adoption of such services.

 

The global livestock monitoring market is fragmented based on animal type, component, application, and region. In terms of animal type, the market is segmented into cattle, poultry, swine, equine, and others. The component segment is further divided into hardware, software, and services. The application segment is further divided into milk harvesting, breeding management, feeding management, animal health monitoring & comfort, heat stress, behavior monitoring, and others.

 

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Segment Highlights

  • The cattle market segment accounted for the largest revenue share in 2019 owing to the presence of a high proportion of cattle producers in the form of meat and milk. The segment held over 45% of the market share.

 

  • Based on application, the feeding management segment is projected to constitute most of the market in 2027. Innovations in cattle feed to increase productivity, and the emergence of well-maintained cattle farms are primarily responsible for such growth.

 

  • North American region is dominating the global livestock monitoring market, holding almost one-third of the market share throughout the forecast period. This high share is due to positive intention to increase farm productivity, rise in per capita consumption, and cost reductions in service offerings with continuously rising competitive rivalry.

 

  • The players including Lely International N.V, GEA Farm Technologies, BouMatic, LLC together held a significant market share of the global market in the year 2019.

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List of Key Players of Livestock Monitoring Market

  • Lely International NV
  • GEA Farm Technologies
  • BouMatic, LLC
  • Antelliq Corporation
  • Gallagher Group Limited
  • DeLaval
  • Afimilk Ltd.
  • HID Global Corporation
  • Dairymaster Ltd.
  • Communications Group Lethbridge Ltd.
  • Others

 

Polaris Market Research has segmented the Livestock Monitoring Market report on the basis of animal type, component, application, and region:

 

Livestock Monitoring Market, Animal Type Outlook (Revenue – USD Million, 2016 – 2027)

  • Cattle
  • Poultry
  • Swine
  • Equine
  • Others

Livestock Monitoring Market, Component Outlook (Revenue – USD Million, 2016 – 2027)

  • Hardware
    • Sensors
    • GPS
    • Others
  • Software
    • On-cloud
    • On-premise
  • Services
    • Integration & development
    • Maintenance & Support
    • Others

Livestock Monitoring Market, Application Outlook (Revenue – USD Million, 2016 – 2027)

  • Milk Harvesting
  • Breeding Management
  • Feeding Management
  • Animal Health Monitoring & Comfort
  • Heat stress
  • Behavior monitoring
  • Others

Read More : https://www.medgadget.com/2021/02/livestock-monitoring-market-size-is-projected-to-reach-10-93-billion-by-2027-cagr-15-7-polaris-market-research.html

Organoids and Spheroids Market Size, Key Company Profiles, Types, Applications and Forecast

The global organoids and spheroids market is expected to reach USD 2.47 billion by 2028 according to a new study by Polaris Market Research. The global organoids and spheroids industry is anticipated to grow, owing to the growing incidence of cancer, innovations in the tissue culture system, and continually failing organ transplantation surgeries. The compatibility between the donor and recipient should be cross-checked through artificial cell culture systems to save time and money.

 

The global market industry is fragmented based on type, application, end-use, and region. In terms of type, the market is segmented into organoids and spheroids. The application segment is further divided into developmental biology, personalized medicine, regenerative medicine, disease pathology studies, and drug toxicity & efficacy testing. In terms of end-use, the market is segmented into biotechnology and pharmaceutical industries, academic & research institutes, and hospitals and diagnostic centers.

 

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Segment Highlights

  • The spheroids market segment accounted for a major revenue share owing to its applicability in cancer research. The segment held over 50.0% of the global share in 2020. However, the organoid segment is expected to witness highest CAGR during the forecast period.
  • Based on application, the development biology segment is projected to constitute almost half of the market in 2028. This is can be attributed for increased use of cell culture systems in the developmental biology.
  • North America region is dominating the global organoids and spheroids industry, holding over one-third of the market share throughout the forecast period. The presence of key companies and increasing funding towards research are the factors responsible for its growth

List of Key Players

  • 3D BioMatrix
  • 3D Biotek LLC
  • AMS Biotechnology (Europe) Limited
  • Cellesce Ltd.
  • Corning Incorporated
  • Greiner Bio-One
  • Hubrecht Organoid Technology (HUB)
  • InSphero/Perkin Elmer
  • Prellis Biologics
  • Others

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Polaris Market Research has segmented the organoids and spheroids market report on the basis of type, application, end-use, and region

 

Organoids and Spheroids, Type Outlook (Revenue – USD Million, 2016 – 2028)

  • By Type
    • Organoids
      • By Type
        • Neural
        • Hepatic
        • Intestinal
        • Other
      • By Method
        • General Submerged Method for Organoid Culture
        • Crypt Organoid Culture Techniques
        • Air Liquid Interface (ALI) Method for Organoid Culture
        • Clonal Organoids from Lgr5+ Cells
        • Brain and Retina Organoid Formation Protocol
      • By Source
        • Primary Tissues
        • Stem Cells
    • Spheroids
      • By Type
        • Multicellular tumor spheroids (MCTS)
        • Neurospheres
        • Mammospheres
        • Hepatospheres
        • Embryoid bodies
      • By Method
        • Micropatterned Plates
        • Low Cell Attachment Plates
        • Hanging Drop Method
        • Others
      • By Source
        • Cell Line
        • Primary Cell
        • iPSCs Derived Cells

Organoids and Spheroids, Application Outlook (Revenue – USD Million, 2016 – 2028)

  • Developmental Biology
  • Personalized Medicine
  • Regenerative Medicine
  • Disease Pathology Studies
  • Drug Toxicity & Efficacy Testing


Organoids and Spheroids, End-Use Outlook (Revenue – USD Million, 2016 – 2028)

  • Biotechnology & Pharmaceutical Industries
  • Academic & Research Institutes
  • Hospitals & Diagnostic Centers


Read More : https://www.medgadget.com/2021/03/organoids-and-spheroids-market-size-worth-2-47-billion-by-2028-cagr-22-8-polaris-market-research.html