The global indoor farming technology market was valued at $5.84 billion in 2022 and is expected to reach $17.12 billion in 2027, following a CAGR of 23.99% during 2022-2027. The growth in the global indoor farming technology market is expected to be driven by increase in demand for food products produced sustainably with higher yields as compared to traditional farming technologies.

Market Lifecycle Stage

The indoor farming technology market is in a growing phase owing to different advanced technologies in the market. As increase in implementation of indoor farming methos such as aquaponics, aeroponics, and hydroponics also utilizes artificial lighting, such as LED lights, for adequate light levels and nutrients are further anticipated to fuel the growth of the market during the forecast period.

Impact

•    Indoor farming can be defined as the practice of growing produce stacked on top of each other in an enclosed and controlled environment. By using vertically mounted grow racks, the area required to grow plants is significantly reduced compared to traditional growing methods. This type of cultivation is often associated with city and urban farming due to its ability to thrive in limited spaces. It helps in reducing the usage of water, labour costs, occupational hazards, and chemical or pesticides.
•    The robust development in the indoor farming technology market is increasingly changing the customers’ perception of its utilization. Due to factors such as inappropriate supervision systems, automated farming tools, and strong support from government bodies, a large number of players are entering the indoor farming technology market.

Impact of COVID-19

Due to COVID-19, the production of fruits and vegetables, microgreens, ornamentals, and others under indoor farming was hindered up to a level that led to low revenue generation. This has further hampered the growth of the indoor farming technology market in 2020. However, the improved COVID-19 situation is expected to grow in the studied market during the forecast period. COVID-19 has also increased the demand for rapid pharmaceutical development, and vertical indoor farming can provide high-quality monoclonal antibodies, bioinks, vaccines, and other proteins efficiently and quickly. For instance, in March 2020, a start-up, iBio, announced that it was developing SARS-CoV-2 vaccine candidates by utilizing vertical indoor farming. This is further increasing the market size even further.

Market Segmentation:

Segmentation 1: by Growing System

•     Hydroponics
•     Aeroponics
•     Aquaponics
•     Soil-Based
•     Hybrid

The global indoor farming technology market in the growing system segment is expected to be dominated by hydroponic growing system. The growth in the hydroponic segment is expected to be driven by a rise in demand for organic fruits and vegetables from the end consumers.

Segmentation 2: by Facility Type

•     Greenhouses
•     Indoor Vertical Farms

The greenhouse farming segment is anticipated to dominate the indoor farming technology market with a significant share during the period 2022 to 2027. The increasing number of greenhouses in several countries and the feasibility of growing more plants and crops in greenhouses are the major drivers for this segment’s growth.

Segmentation 3: by Crop Type

•     Fruits and Vegetables
•     Herbs and Microgreens
•     Flowers and Ornamentals
•     Medicinal Crops

Among all the four crop types, the fruit and vegetables segment is expected to dominate the indoor farming technology market with a significant share of $8,179.3 million by 2027. The growth in the fruit and vegetables segment is expected to be driven by the increasing popularity of the consumption of fresh, pesticide-free fruits for healthy living; many growers have initiated the cultivation of fruits, such as lemons, oranges, figs, grapefruits, cherries, and strawberries.

Segmentation 4: by Product Type

•     Hardware System
•     Software

The hardware segment is estimated to capture highest market share during the period 2022 to 2027. The hardware systems such as sensors, controllers, lighting systems, irrigation systems, and others are increasingly used in the various indoor farming operations. In addition, the increasing adoption of intelligent hardware components integrated with sensors and computer vision is expected to drive the growth of the indoor farming technology market worldwide.

Segmentation 5: by Region

•    North America – U.S., Canada, and Mexico
•    Europe – Germany, France, Netherlands, Belgium, Greece, Ukraine, Turkey, and Switzerland
•    China
•    U.K.
•    Asia-Pacific – India, Japan, Australia and New Zealand, Singapore, and Rest-of-Asia-Pacific
•    Rest-of-the-World – Brazil, South Africa, U.A.E., Saudi Arabia and Countries in Rest-of-the-World

The North America region is expected to dominate the indoor farming technology market, which can beattributed to the high technological advancement and the presence of leading indoor farming technology solution providers in the region. The growth in the market is further driven by the increasing research and development activities and large-scale adoption of digital technologies in countries such as the U.S., Canada, and Mexico.

Recent Developments in Global Indoor Farming Technology Market

•    In September 2022, iFarm, based in Switzerland, partnered with Yasai AG and LOGIQS B.V. and announced long-term cooperation. Yasai AG announced the signing of a strategic agreement with the equipment and tech suppliers with the launch of the first vertical farm project based in Zurich. The company involved are LOGIQS B.V. and iFarm as the technology partners responsible for constructing a pilot facility, with about 673 sq. m of growing area and a design capacity of around 20 tons of fresh herbs per year.

•    In April 2022, Lumileds Holding B.V. has launched LUXEON SunPlus HPE, a high-power, deep red (660nm) LED in the U.S. market. This product is designed specifically for the horticulture lighting industry.

•    In September 2021, IUNU acquired Artemis, a U.S.-based company that provides software solutions for indoor farming activities. Nowadays, Artemis works as a subsidiary of IUNU.

•    In May 2021, Freight Farms launched Greenery S, which is the latest model of Freight’s vertical container farm system. This is known as the tenth generation of the Greenery, which again includes “a fresh suite of features.” In addition, in January 2020, Everlight Electronics Co., Ltd. announced new horticultural LEDs in spectrums tailored to enhance the red pigment of strawberries.

Demand – Drivers and Limitations

Following are the demand drivers for the Indoor Farming Technology Market:

•    Land Degradation and Decrease in Arable Land
•    Need for Climate-Smart Agriculture
•    Increased Government Support and Initiatives

The market is expected to face some following challenges:

•    High Initial Investment and Operational Costs
•    Suitable for the Production of Selective Crops
•    Limited Awareness Among Farmers

How can this report add value to end users?

Product/Innovation Strategy: The product segment helps the reader understand the different types of hardware systems and software available in the indoor farming applications. Moreover, the study provides the reader a detailed understanding of the different product types by applications (growing systems, crop types and facility types). Hardware systems such as lighting system, climate control system, irrigation system, and container farms are most widely used hardware systems indoor farming practices. Therefore, the indoor farming technology market is a moderate investment and high revenue generating technology in the coming years owing to the rise in investment towards climate smart agriculture practices across the globe.

Growth/Marketing Strategy: The global indoor farming technology market has seen major development by key players operating in the market, such as product launch, partnership, joint venture, collaboration, and merger & acquisitions. The favoured strategy for the companies has been product launch to strengthen their positions in the indoor farming technology market.

For instance, in February 2022, Netafim USA, a subsidiary of Netafim, launched a new AlphaDisc filter for precision irrigation solutions in the U.S. This product launched helps the company increase its market presence in the U.S. market.

Competitive Strategy: Key players in the global indoor farming technology market analysed and profiled in the study involve integrated hardware systems and software manufacturers that are engaged in providing advanced indoor farming solutions to farmers and other agriculture service companies. Moreover, a detailed competitive benchmarking of the players operating in the global indoor farming technology market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, joint ventures, acquisitions, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company’s coverage, product portfolio, its market penetration.

The top segment players who are leading include key public, private, and start-ups which are indoor farming technologies manufacturers in the market and the ones which are engaged in providing advanced lighting solutions across the globe.

Key Companies Profiled

Company Type 1: Public Companies
•    Everlight Electronics Co., Ltd
•    Signify Holding
•    OSRAM GmbH

Company Type 2: Private Companies
•    AmHydro
•    Argus Control Systems Limited
•    California LightWorks
•    Current Lighting Solutions, LLC
•    Freight Farms, Inc.
•    IUNU
•    Link4 Corporation
•    LOGIQS B.V.
•    LumiGrow
•    Lumileds Holding B.V.
•    Netafim
•    Priva

Company Type 3: Start-Up Companies
•    Growlink, Inc
•    Agsmartic Technologies Pvt. Ltd.
•    CarbonBook
•    Sentera

Table of Contents

1 Markets
1.1 Industry Outlook
1.1.1 Market Definition
1.1.2 Trends: Current and Future
1.1.2.1 Rise in Plant Factory Production
1.1.2.2 Rise High-Value Crops Cultivation
1.1.2.3 Increased Penetration of Information and Communication Technology (ICT) in Agriculture
1.1.3 Ongoing Programs
1.1.3.1 Consortiums and Associations
1.1.3.2 Government Initiatives and Regulatory Bodies
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Land Degradation and Decrease in Arable Land
1.2.1.2 Need for Climate-Smart Agriculture
1.2.1.3 Increased Government Support and Initiatives
1.2.2 Business Challenges
1.2.2.1 High Initial Investment and Operational Costs
1.2.2.2 Suitable for the Production of Selective Crops
1.2.2.3 Limited Awareness Among Farmers
1.2.3 Market Strategies and Development
1.2.3.1 Business Strategies
1.2.3.1.1 New Product Launch
1.2.3.2 Corporate Strategies
1.2.3.2.1 Partnerships, Joint Ventures, Collaborations, and Alliances
1.2.3.2.2 Mergers and Acquisitions
1.2.3.2.3 Snapshot of Corporate Strategies Adopted in the Global Indoor Farming Technology Ecosystem
1.2.4 Business Opportunities
1.2.4.1 Pharmaceutical Plant Production Through Indoor Farming
1.2.4.2 Internet Infrastructure Upgradation and Launch of 5G Services
1.2.4.3 Scope of Expansion in Developing Countries
1.2.5 Case Study
1.2.5.1 Frieght Farms, Inc.
1.2.5.2 Signify Holding
1.2.5.3 Netafim
1.3 Start-Up Landscape
1.3.1 Key Start-Ups in the Indoor Farming Technology Market

2 Application
2.1 Indoor Farming Technology Market (by Growing System)
2.1.1 Hydroponics
2.1.2 Aeroponics
2.1.3 Aquaponics
2.1.4 Soil-Based
2.1.5 Hybrid
2.2 Demand Analysis of Indoor Farming Technology Market (by Growing System)
2.3 Indoor Farming Technology Market (by Facility Type)
2.3.1 Greenhouses
2.3.2 Indoor Vertical Farms
2.4 Demand Analysis of Indoor Farming Technology Market (by Facility Type)
2.5 Indoor Farming Technology Market (by Crop Type)
2.5.1 Fruits and Vegetables
2.5.2 Herbs and Microgreens
2.5.3 Flowers and Ornamentals
2.5.4 Medicinal Crops
2.6 Demand Analysis of Indoor Farming Technology Market (by Crop Type)

3 Products
3.1 Indoor Farming Technology Market (by Product)
3.1.1 Hardware System
3.1.1.1 Lighting System
3.1.1.2 Climate Control System
3.1.1.3 Irrigation System
3.1.1.4 Container Farms
3.1.2 Software
3.2 Demand Analysis of Indoor Farming Technology Market (by Product)
3.3 Patent Analysis
3.3.1 Patent Analysis (by Product)
3.3.2 Patent Analysis (by Growing System)
3.3.3 Patent Analysis (by Patent Office)
3.4 Supply Chain Analysis: Indoor Farming Technology Mark

4 Region
4.1 North America
4.1.1 Market
4.1.1.1 Key Manufacturers in North America
4.1.1.2 Business Drivers
4.1.1.3 Business Challenges
4.1.2 Application
4.1.2.1 North America Indoor Farming Technology Market (by Facility Type)
4.1.2.2 North America Indoor Farming Technology Market (by Growing System)
4.1.2.3 North America Indoor Farming Technology Market (by Crop Type)
4.1.3 Product
4.1.3.1 North America Indoor Farming Technology Market (by Product)
4.1.4 North America (by Country)
4.1.4.1 U.S.
4.1.4.1.1 Market
4.1.4.1.1.1 Buyer Attributes
4.1.4.1.1.2 Key Manufacturers Operating in the U.S.
4.1.4.1.1.3 Business Drivers
4.1.4.1.1.4 Business Challenges
4.1.4.1.2 Application
4.1.4.1.3 Product
4.1.4.2 Canada
4.1.4.2.1 Market
4.1.4.2.1.1 Buyer Attributes
4.1.4.2.1.2 Key Manufacturers Operating in Canada
4.1.4.2.1.3 Business Drivers
4.1.4.2.1.4 Business Challenges
4.1.4.2.2 Application
4.1.4.2.3 Product
4.1.4.3 Mexico
4.1.4.3.1 Market
4.1.4.3.1.1 Buyer Attributes
4.1.4.3.1.2 Key Manufacturers Operating in Mexico
4.1.4.3.1.3 Business Drivers
4.1.4.3.1.4 Business Challenges
4.1.4.3.2 Application
4.1.4.3.3 Product
4.2 Europe
4.2.1 Market
4.2.1.1 Key Manufacturers in Europe
4.2.1.2 Business Drivers
4.2.1.3 Business Challenges
4.2.2 Application
4.2.2.1 Europe Indoor Farming Technology Market (by Facility Type)
4.2.2.2 Europe Indoor Farming Technology Market (by Growing System)
4.2.2.3 Europe Indoor Farming Technology Market (by Crop Type)
4.2.3 Product
4.2.3.1 Europe Indoor Farming Technology Market (by Product)
4.2.4 Europe (by Country)
4.2.4.1 Germany
4.2.4.1.1 Market
4.2.4.1.1.1 Buyer Attributes
4.2.4.1.1.2 Key Manufacturers Operating in Germany
4.2.4.1.1.3 Business Drivers
4.2.4.1.1.4 Business Challenges
4.2.4.1.2 Application
4.2.4.1.3 Product
4.2.4.2 France
4.2.4.2.1 Market
4.2.4.2.1.1 Buyer Attributes
4.2.4.2.1.2 Key Manufacturers Operating in France
4.2.4.2.1.3 Business Drivers
4.2.4.2.1.4 Business Challenges
4.2.4.2.2 Application
4.2.4.2.3 Product
4.2.4.3 The Netherlands
4.2.4.3.1 Market
4.2.4.3.1.1 Buyer Attributes
4.2.4.3.1.2 Key Manufacturers Operating in the Netherlands
4.2.4.3.1.3 Business Drivers
4.2.4.3.1.4 Business Challenges
4.2.4.3.2 Application
4.2.4.3.3 Product
4.2.4.4 Rest-of-Europe
4.2.4.4.1 Market
4.2.4.4.1.1 Buyer Attributes
4.2.4.4.1.2 Key Manufacturers Operating in Rest-of-Europe
4.2.4.4.1.3 Business Drivers
4.2.4.4.1.4 Business Challenges
4.2.4.4.2 Application
4.2.4.4.3 Product
4.2.4.5 Market Data for Other Key countries in Europe
4.2.4.5.1 Belgium
4.2.4.5.1.1 Application
4.2.4.5.1.2 Product
4.2.4.5.2 Switzerland
4.2.4.5.3 Application
4.2.4.5.4 Product
4.2.4.5.5 Greece
4.2.4.5.5.1 Application
4.2.4.5.5.2 Product
4.2.4.5.6 Ukraine
4.2.4.5.6.1 Application
4.2.4.5.6.2 Product
4.2.4.5.7 Turkey
4.2.4.5.7.1 Application
4.2.4.5.7.2 Product
4.3 U.K.
4.3.1 Market
4.3.1.1 Buyer Attributes
4.3.1.2 Key Manufacturers in the U.K.
4.3.1.3 Business Drivers
4.3.1.4 Business Challenges
4.3.2 Application
4.3.2.1 U.K. Indoor Farming Technology Market (by Facility Type)
4.3.2.2 U.K. Indoor Farming Technology Market (by Growing System)
4.3.2.3 U.K. Indoor Farming Technology Market (by Crop Type)
4.3.3 Product
4.3.3.1 U.K. Indoor Farming Technology Market (by Product)
4.4 China
4.4.1 Market
4.4.1.1 Buyer Attributes
4.4.1.2 Key Manufacturers in China
4.4.1.3 Business Drivers
4.4.1.4 Business Challenges
4.4.2 Application
4.4.2.1 China Indoor Farming Technology Market (by Facility Type)
4.4.2.2 China Indoor Farming Technology Market (by Growing System)
4.4.2.3 China Indoor Farming Technology Market (by Crop Type)
4.4.3 Product
4.4.3.1 China Indoor Farming Technology Market (by Product)
4.5 Asia-Pacific
4.5.1 Market
4.5.1.1 Key Manufacturers in Asia-Pacific
4.5.1.2 Business Drivers
4.5.1.3 Business Challenges
4.5.2 Application
4.5.2.1 Asia-Pacific Indoor Farming Technology Market (by Facility Type)
4.5.2.2 Asia-Pacific Indoor Farming Technology Market (by Growing System)
4.5.2.3 Asia-Pacific Indoor Farming Technology Market (by Crop Type)
4.5.3 Product
4.5.3.1 Asia-Pacific Indoor Farming Technology Market (by Product)
4.5.4 Asia-Pacific (by Country)
4.5.4.1 Japan
4.5.4.1.1 Market
4.5.4.1.1.1 Buyer Attributes
4.5.4.1.1.2 Key Manufacturers Operating in Japan
4.5.4.1.1.3 Business Drivers
4.5.4.1.1.4 Business Challenges
4.5.4.1.2 Application
4.5.4.1.3 Product
4.5.4.2 India
4.5.4.2.1 Market
4.5.4.2.1.1 Buyer Attributes
4.5.4.2.1.2 Key Manufacturers Operating in India
4.5.4.2.1.3 Business Drivers
4.5.4.2.1.4 Business Challenges
4.5.4.2.2 Application
4.5.4.2.3 Product
4.5.4.3 Singapore
4.5.4.3.1 Market
4.5.4.3.1.1 Buyer Attributes
4.5.4.3.1.2 Key Manufacturers Operating in Singapore
4.5.4.3.1.3 Business Drivers
4.5.4.3.1.4 Business Challenges
4.5.4.3.2 Application
4.5.4.3.3 Product
4.5.4.4 Australia and New Zealand
4.5.4.4.1 Market
4.5.4.4.1.1 Buyer Attributes
4.5.4.4.1.2 Key Manufacturers Operating in Australia and New Zealand
4.5.4.4.1.3 Business Drivers
4.5.4.4.1.4 Business Challenges
4.5.4.4.2 Application
4.5.4.4.3 Product
4.5.4.5 Rest-of-Asia-Pacific
4.5.4.5.1 Market
4.5.4.5.1.1 Buyer Attributes
4.5.4.5.1.2 Key Manufacturers Operating in the Rest-of-Asia-Pacific
4.5.4.5.1.3 Business Drivers
4.5.4.5.1.4 Business Challenges
4.5.4.5.2 Application
4.5.4.5.3 Product
4.6 Rest-of-the-World
4.6.1 Market
4.6.1.1 Key Manufacturers in Rest-of-the-World
4.6.1.2 Business Drivers
4.6.1.3 Business Challenges
4.6.2 Application
4.6.2.1 Rest-of-the-World Indoor Farming Technology Market (by Facility Type)
4.6.2.2 Rest-of-the-World Indoor Farming Technology Market (by Growing System)
4.6.2.3 Rest-of-the-World Indoor Farming Technology Market (by Crop Type)
4.6.3 Product
4.6.3.1 Rest-of-the-World Indoor Farming Technology Market (by Product)
4.6.4 Rest-of-the-World (by Country)
4.6.4.1 Brazil
4.6.4.1.1 Market
4.6.4.1.1.1 Buyer Attributes
4.6.4.1.1.2 Key Manufacturers Operating in Brazil
4.6.4.1.1.3 Business Drivers
4.6.4.1.1.4 Business Challenges
4.6.4.1.2 Application
4.6.4.1.3 Product
4.6.4.2 South Africa
4.6.4.2.1 Market
4.6.4.2.1.1 Buyer Attributes
4.6.4.2.1.2 Key Manufacturers Operating in South Africa
4.6.4.2.1.3 Business Drivers
4.6.4.2.1.4 Business Challenges
4.6.4.2.2 Application
4.6.4.2.3 Product
4.6.4.3 U.A.E.
4.6.4.3.1 Market
4.6.4.3.1.1 Buyer Attributes
4.6.4.3.1.2 Key Manufacturers Operating in the U.A.E.
4.6.4.3.1.3 Business Drivers
4.6.4.3.1.4 Business Challenges
4.6.4.3.2 Application
4.6.4.3.3 Product
4.6.4.4 Saudi Arabia
4.6.4.4.1 Market
4.6.4.4.1.1 Buyer Attributes
4.6.4.4.1.2 Key Manufacturers Operating in Saudi Arabia
4.6.4.4.1.3 Business Drivers
4.6.4.4.1.4 Business Challenges
4.6.4.4.2 Application
4.6.4.4.3 Product
4.6.4.5 Other Countries of Rest-of-the-World
4.6.4.5.1 Market
4.6.4.5.1.1 Buyer Attributes
4.6.4.5.1.2 Key Manufacturers Operating in the Other Countries of the Rest-of-the-World
4.6.4.5.1.3 Business Drivers
4.6.4.5.1.4 Business Challenges
4.6.4.5.2 Application
4.6.4.5.3 Product

5 Markets – Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking
5.2 Competitive Ranking Analysis
5.3 Company Profiles – Public Companies
5.3.1 Everlight Electronics Co., Ltd
5.3.1.1 Company Overview
5.3.1.1.1 Role of Everlight Electronics Co., Ltd. in the Indoor Farming Technology Market
5.3.1.1.2 Pricing and Product Portfolio
5.3.1.1.2.1 Target Customers
5.3.1.2 Business Strategies
5.3.1.2.1 New Product Launch
5.3.1.3 Analyst View
5.3.2 Signify Holding
5.3.2.1 Company Overview
5.3.2.1.1 Role of Signify Holding in the Indoor Farming Technology Market
5.3.2.1.2 Pricing and Product Portfolio
5.3.2.1.2.1 Target Customers
5.3.2.1.2.2 Key Clients
5.3.2.2 Analyst View
5.3.3 OSRAM GmbH
5.3.3.1 Company Overview
5.3.3.1.1 Role of OSRAM GmbH in the Indoor Farming Technology Market
5.3.3.1.2 Pricing and Product Portfolio
5.3.3.1.2.1 Target Customers
5.3.3.1.2.2 Key Clients
5.3.3.2 Analyst View
5.4 Company Profiles – Private Companies
5.4.1 AmHydro
5.4.1.1 Company Overview
5.4.1.1.1 Role of AmHydro in the Indoor Farming Technology Market
5.4.1.1.2 Pricing and Product Portfolio
5.4.1.1.2.1 Target Customers
5.4.1.2 Analyst View
5.4.2 Argus Control Systems Limited
5.4.2.1 Company Overview
5.4.2.1.1 Role of Argus Control Systems Limited in the Indoor Farming Technology Market
5.4.2.1.2 Pricing and Product Portfolio
5.4.2.1.2.1 Target Customers
5.4.2.1.2.2 Key Clients
5.4.2.2 Business Strategies
5.4.2.2.1 New Product Launch
5.4.2.3 Corporate Strategies
5.4.2.3.1 Partnership
5.4.2.4 Analyst View
5.4.3 California LightWorks
5.4.3.1 Company Overview
5.4.3.1.1 Role of California LightWorks in the Indoor Farming Technology Market
5.4.3.1.2 Pricing and Product Portfolio
5.4.3.1.2.1 Target Customers
5.4.3.1.2.2 Key Clients
5.4.3.2 Analyst View
5.4.4 Current Lighting Solutions, LLC
5.4.4.1 Company Overview
5.4.4.1.1 Role of Current Lighting Solutions, LLC in the Indoor Farming Technology Market
5.4.4.1.2 Pricing and Product Portfolio
5.4.4.1.2.1 Target Customers
5.4.4.1.2.2 Key Clients
5.4.4.2 Corporate Strategies
5.4.4.2.1 Mergers and Acquisition
5.4.4.2.2 Collaboration
5.4.4.3 Analyst View
5.4.5 Freight Farms, Inc.
5.4.5.1 Company Overview
5.4.5.1.1 Role of Freight Farms, Inc. in the Indoor Farming Technology Market
5.4.5.1.2 Pricing and Product Portfolio
5.4.5.1.2.1 Target Customers
5.4.5.2 Business Strategies
5.4.5.2.1 New Product Launch
5.4.5.3 Corporate Strategies
5.4.5.3.1 Partnership
5.4.5.4 Analyst View
5.4.6 IUNU
5.4.6.1 Company Overview
5.4.6.1.1 Role of IUNU in the Indoor Farming Technology Market
5.4.6.1.2 Pricing and Product Portfolio
5.4.6.1.2.1 Target Customers
5.4.6.2 Corporate Strategies
5.4.6.2.1 Mergers and Acquisition
5.4.6.2.2 Partnership
5.4.6.3 Analyst View
5.4.7 Link4 Corporation
5.4.7.1 Company Overview
5.4.7.1.1 Role of Link4 Corporation in the Indoor Farming Technology Market
5.4.7.1.2 Pricing and Product Portfolio
5.4.7.1.2.1 Target Customers
5.4.7.2 Analyst View
5.4.8 LOGIQS B.V.
5.4.8.1 Company Overview
5.4.8.1.1 Role of LOGIQS B.V. in the Indoor Farming Technology Market
5.4.8.1.2 Pricing and Product Portfolio
5.4.8.1.2.1 Target Customers
5.4.8.1.2.2 Key Clients
5.4.8.2 Corporate Strategies
5.4.8.2.1 Collaboration
5.4.8.3 Analyst View
5.4.9 LumiGrow
5.4.9.1 Company Overview
5.4.9.1.1 Role of LumiGrow in the Indoor Farming Technology Market
5.4.9.1.2 Pricing and Product Portfolio
5.4.9.1.2.1 Target Customers
5.4.9.2 Business Strategies
5.4.9.2.1 New Product Launch
5.4.9.3 Corporate Strategies
5.4.9.3.1 Partnership
5.4.9.4 Analyst View
5.4.10 Lumileds Holding B.V.
5.4.10.1 Company Overview
5.4.10.1.1 Role of Lumileds Holding B.V. in the Indoor Farming Technology Market
5.4.10.1.2 Pricing and Product Portfolio
5.4.10.1.2.1 Target Customers
5.4.10.2 Business Strategies
5.4.10.2.1 New Product Launch
5.4.10.3 Analyst View
5.4.11 Netafim
5.4.11.1 Company Overview
5.4.11.1.1 Role of Netafim in the Indoor Farming Technology Market
5.4.11.1.2 Pricing and Product Portfolio
5.4.11.1.2.1 Target Customers
5.4.11.2 Business Strategies
5.4.11.2.1 New Product Launch
5.4.11.3 Corporate Strategies
5.4.11.3.1 Mergers and Acquisition
5.4.11.3.2 Partnerships
5.4.11.4 Analyst View
5.4.12 Priva
5.4.12.1 Company Overview
5.4.12.1.1 Role of Priva in the Indoor Farming Technology Market
5.4.12.1.2 Pricing and Product Portfolio
5.4.12.1.2.1 Target Customers
5.4.12.1.2.2 Key Clients
5.4.12.2 Corporate Strategies
5.4.12.2.1 Partnership
5.4.12.3 Analyst View
5.5 Company Profiles – Start-Up Companies
5.5.1 Growlink, Inc
5.5.1.1 Company Overview
5.5.1.1.1 Role of Growlink, Inc in the Indoor Farming Technology Market
5.5.1.1.2 Pricing and Product Portfolio
5.5.1.2 Analyst View
5.5.2 Agsmartic Technologies Pvt. Ltd.
5.5.2.1 Company Overview
5.5.2.1.1 Role of Agsmartic Technologies Pvt. Ltd. in the Indoor Farming Technology Market
5.5.2.1.2 Pricing and Product Portfolio
5.5.2.2 Analyst View
5.5.3 CarbonBook
5.5.3.1 Company Overview
5.5.3.1.1 Role of CarbonBook in the Indoor Farming Technology Market
5.5.3.1.2 Pricing and Product Portfolio
5.5.3.2 Analyst View
5.5.4 Sentera
5.5.4.1 Company Overview
5.5.4.1.1 Role of Sentera in the Indoor Farming Technology Market
5.5.4.1.2 Pricing and Product Portfolio
5.5.4.2 Analyst View

6 Research Methodology
6.1 Data Sources
6.2 Primary Data Sources
6.3 Secondary Data Sources
6.4 Data Triangulation
6.5 Market Estimation and Forecast
6.6 Factors for Data Prediction and Modeling

List of Figures

Figure 1: Microeconomic Indicators Impacting Indoor Farming Technology Market
Figure 2: Market Drivers and Challenges in the Indoor Farming Technology Market
Figure 3: Indoor Farming Technology Market, $Billion, 2021-2027
Figure 4: Indoor Farming Technology Market (by Product), $Million, 2021-2027
Figure 5: Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Figure 6: Indoor Farming Technology Market (by Growing System), $Million, 2021-2027
Figure 7: Indoor Farming Technology Market (by Crop Type), $Million, 2021-2027
Figure 8: Indoor Farming Technology Market (by Region), $Million, 2021
Figure 9: Indoor Farming Technology Market Coverage
Figure 10: Indoor Farming Technology Trends
Figure 11: Global Production of Fresh Fruits, 2014-2020, Million Metric Tonnes
Figure 12: Factors Analysed in Business Dynamics
Figure 13: Arable Land Use Per Person till 2018, Hectare
Figure 14: Share of Key Market Strategies and Developments, 2018-2022
Figure 15: New Product Launches (by Company), 2018-2022
Figure 16: Partnerships, Joint Ventures, Collaborations, and Alliances (by Company), 2018-2022
Figure 17: Mergers and Acquisitions (by Company), 2018-2022
Figure 18: Snapshot of Corporate Strategies Adopted in the Global Indoor Farming Technology Ecosystem
Figure 19: Case Study on Freight Farms
Figure 20: Case study on Signify Holding
Figure 21: Case Study on Netafim
Figure 22: Indoor Farming Technology Market (by Growing System)
Figure 23: Indoor Farming Technology Market (by Facility Type)
Figure 24: Indoor Farming Technology Market (by Crop Type)
Figure 25: Indoor Farming Technology Market (by Product)
Figure 26: Indoor Farming Technology Market (by Hardware System)
Figure 27: Types of Lighting Systems
Figure 28: Indoor Farming Technology Patent Trend, 2019-2022
Figure 29: Patent Analysis (by Product), 2019-2022
Figure 30: Patent Analysis (by Growing System), 2019-2022
Figure 31: Patent Analysis (by Patent Office), 2019-2022
Figure 32: Supply Chain Analysis of the Indoor Farming Technology Market
Figure 33: Competitive Market High and Low Matrix for Hardware Providers
Figure 34: Competitive Market High and Low Matrix for Software Providers
Figure 35: Data Triangulation
Figure 36: Top-Down and Bottom-Up Approach

List of Tables

Table 1: Key Consortiums and Associations in the Indoor Farming Technology Market
Table 2: Indoor Farming Technology Regulatory Bodies in Some Major Countries
Table 3: Cost Structure of Indoor Farms (Area 3000sq ft-6000sq ft), $, 2021
Table 4: Indoor Farming Technology (by Growing System), $Million, 2021-2027
Table 5: Total Number of Large Greenhouses Producing Vegetables Around the World
Table 6: Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 7: Indoor Farming Technology Market (by Crop Type), $Million, 2021-2027
Table 8: Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 9: Indoor Farming Technology Market Volume (by Hardware), Thousand Units, 2021-2027
Table 10: Indoor Farming Technology Market (by Hardware), $Million, 2021-2027
Table 11: Indoor Farming Technology Market (by Region), $Million, 2021-2027
Table 12: North America Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 13: North America Indoor Farming Technology Market (by Growing System), $Million, 2021-2027
Table 14: North America Indoor Farming Technology Market (by Crop Type), $Million, 2021-2027
Table 15: North America Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 16: North America Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 17: North America Indoor Farming Technology Market (by Country), $Million, 2021-2027
Table 18: U.S. Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 19: U.S. Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 20: U.S. Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 21: Canada Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 22: Canada Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 23: Canada Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 24: Mexico Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 25: Mexico Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 26: Mexico Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 27: Europe Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 28: Europe Indoor Farming Technology Market (by Growing System), $Million, 2021-2027
Table 29: Europe Indoor Farming Technology Market (by Crop Type), $Million, 2021-2027
Table 30: Europe Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 31: Europe Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 32: Europe Indoor Farming Technology Market (by Country), $Million, 2021-2027
Table 33: Germany Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 34: Germany Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 35: Germany Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 36: France Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 37: France Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 38: France Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 39: The Netherlands Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 40: The Netherlands Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 41: The Netherlands Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 42: Rest-of-Europe Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 43: Rest-of-Europe Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 44: Rest-of-Europe Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 45: Belgium Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 46: Belgium Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 47: Belgium Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 48: Switzerland Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 49: Switzerland Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 50: Switzerland Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 51: Greece Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 52: Greece Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 53: Greece Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 54: Ukraine Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 55: Ukraine Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 56: Greece Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 57: Turkey Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 58: Turkey Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 59: Turkey Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 60: U.K. Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 61: U.K. Indoor Farming Technology Market (by Growing System), $Million, 2021-2027
Table 62: U.K. Indoor Farming Technology Market (by Crop Type), $Million, 2021-2027
Table 63: U.K. Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 64: U.K. Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 65: China Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 66: China Indoor Farming Technology Market (by Growing System), $Million, 2021-2027
Table 67: China Indoor Farming Technology Market (by Crop Type), $Million, 2021-2027
Table 68: China Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 69: China Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 70: Asia-Pacific Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 71: Asia-Pacific Indoor Farming Technology Market (by Growing System), $Million, 2021-2027
Table 72: Asia-Pacific Indoor Farming Technology Market (by Crop Type), $Million, 2021-2027
Table 73: Asia-Pacific Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 74: Asia-Pacific Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 75: Asia-Pacific Indoor Farming Technology Market (by Country), $Million, 2021-2027
Table 76: Japan Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 77: Japan Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 78: Japan Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 79: India Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 80: India Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 81: India Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 82: Singapore Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 83: Singapore Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 84: Singapore Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 85: Australia and New Zealand Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 86: Australia and New Zealand Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 87: Australia and New Zealand Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 88: Rest-of-Asia-Pacific Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 89: Rest-of-Asia-Pacific Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 90: Rest-of-Asia-Pacific Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 91: Rest-of-the-World Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 92: Rest-of-the-World Indoor Farming Technology Market (by Growing System), $Million, 2021-2027
Table 93: Rest-of-the-World Indoor Farming Technology Market (by Crop Type), $Million, 2021-2027
Table 94: Rest-of-the-World Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 95: Rest-of-the-World Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 96: Rest-of-the-World Indoor Farming Technology Market (by Country), $Million, 2021-2027
Table 97: Brazil Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 98: Brazil Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 99: South Africa Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 100: South Africa Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 101: South Africa Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 102: UAE Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 103: UAE Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 104: UAE Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 105: Saudi Arabia Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 106: Saudi Arabia Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 107: Saudi Arabia Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 108: Other Countries of Rest-of-the-World Indoor Farming Technology Market (by Facility Type), $Million, 2021-2027
Table 109: Other Countries of Rest-of-the-World Indoor Farming Technology Market (by Product), $Million, 2021-2027
Table 110: Other Countries of Rest-of-the-World Indoor Farming Technology Market (by Product), Thousand Units, 2021-2027
Table 111: Benchmarking and Weightage Parameters
Table 112: Indoor Farming Technology Players and Benchmarking Score
Table 113: Everlight Electronics Co., Ltd: Pricing and Product Portfolio
Table 114: Everlight Electronics Co., Ltd.: New Product Launch
Table 115: Signify Holding: Pricing and Product Portfolio
Table 116: OSRAM GmbH: Pricing and Product Portfolio
Table 117: AmHydro: Pricing and Product Portfolio
Table 118: Argus Control Systems Limited: Pricing and Product Portfolio
Table 119: Argus Control Systems Limited: New Product Launch
Table 120: Argus Control Systems Limited: Partnership
Table 121: California LightWorks: Pricing and Product Portfolio
Table 122: Current Lighting Solutions, LLC: Pricing and Product Portfolio
Table 123: Current Lighting Solutions, LLC: Mergers and Acquisition
Table 124: Current Lighting Solutions, LLC: Collaboration
Table 125: Freight Farms, Inc.: Pricing and Product Portfolio
Table 126: Freight Farms, Inc.: New Product Launch
Table 127: Freight Farms, Inc.: Partnership
Table 128: IUNU: Pricing and Product Portfolio
Table 129: IUNU: Mergers and Acquisition
Table 130: IUNU: Partnership
Table 131: Link4 Corporation: Pricing and Product Portfolio
Table 132: LOGIQS B.V.: Pricing and Product Portfolio
Table 133: LOGIQS B.V.: Collaboration
Table 134: LumiGrow: Pricing and Product Portfolio
Table 135: LumiGrow: New Product Launch
Table 136: LumiGrow: Partnership
Table 137: Lumileds Holding B.V.: Pricing and Product Portfolio
Table 138: Lumileds Holding B.V.: New Product Launch
Table 139: Netafim: Pricing and Product Portfolio
Table 140: Netafim: New Product Launch
Table 141: Netafim: Mergers and Acquisition
Table 142: Netafim: Partnership
Table 143: Priva: Pricing and Product Portfolio
Table 144: Priva: Partnership
Table 145: Growlink, Inc: Pricing and Product Portfolio
Table 146: Agsmartic Technologies Pvt. Ltd.: Pricing and Product Portfolio
Table 147: CarbonBook: Pricing and Product Portfolio
Table 148: Sentera: Pricing and Product Portfolio

Related Report: Global Smart Farming Market – A Global and Regional Analysis: Focus on Solution, Application, Adoption Framework and Country-Wise Analysis, Startup Analysis, Patent Analysis, and Value Chain – Analysis and Forecast, 2022-2027

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The post Global Indoor Farming Technology Market – A Global and Regional Analysis: Focus on Key Technologies, Patents, Drivers, Opportunities, Challenges, and Applications first appeared on CRI Report.

Market Segmentation

• Offering (Hardware and Software-a-a-Service (SaaS))
• Technology (Machine Learning, Deep Learning, Natural Language Processing (NLP), and Other Technologies)
• Indication (Cardiology, Orthopedics, Urology, Gastroenterology, Neurology, and Others)
• Application (Training, Diagnosis, Surgical Planning and Rehabilitation, Outcomes and Risk Analysis, Integration and Connectivity, and Others)
• End User (Hospitals and Others (Including Ambulatory Surgical Centers, Standalone, and Specialized Facilities))

Regional Segmentation

• North America – U.S., and Canada
• Latin America – Brazil, Mexico, Argentina, and Rest-of-Latin America
• Europe – Germany, U.K., France, Italy, Spain, Nordic Countries and Rest-of-Europe
• Asia-Pacific – Japan, China, Australia and New Zealand, India, South Korea, and Rest-of-Asia-Pacific
• Middle East and Africa

Market Growth Drivers

• Growth in Funding for AI
• Growing Adoption of AI-Enabled Technologies in Healthcare Settings
• Advancement in Robotics and Medical Visualization Technologies
• Benefits of Artificial Intelligence-Enabled Surgeries Over Conventional Surgeries

Market Challenges

• Lack of a Well-Defined Regulatory Framework in Regions
• Limited Studies and Data on the Efficiency of AI in Operating Rooms

Market Opportunities

• Leverage AI to Enhance Remote Surgical Capabilities
• Leveraging Business Synergies for Capability and Portfolio Enhancement

Key Companies Profiled

Activ Surgical, Inc., Brainomix Ltd, Caresyntax, Inc., DeepOR S.A.S, ExplORer Surgical Corp., Holo Surgical Inc., LeanTaaS Inc., Medtronic Plc, Proximie, Scalpel Limited, and Theator Inc.

Key Questions Answered in this Report:

• How has COVID-19 impacted the adoption of AI in operating room?
• What are the key regulations governing the AI in operating room market in key regions?
• What are the technological developments expected to have the maximum influence on the global AI in operating room market?
• Who are the leading players holding significant dominance in the global AI in operating room market currently?
• How do end users of artificial intelligence in operating rooms perceive the technology?
• What are the key business models being followed by the key players in the market?
• What are some of the major factors expected to influence the growth of the adoption of AI in operating room across the globe?
• What are the key strategies incorporated by leading players in the global AI in operating room market landscape?
• What is the current revenue contribution for the different product types in the global AI in operating room market, and what are the expected modifications in the forecast period?

Key USPs of the Report

Following are some of the key contents of the report:

• Funding Scenario
This section encompasses a description of the current funding landscape in the global AI in operating room space for key players.

• Cost-Benefit Analysis
This section comprises information on the break-even timelines and differences in costs in a facility with the integration of AI as compared to facilities without AI.

• Patent Scenario
This section encompasses a description of the current patent landscape in the field of AI in operating room.

• Regulatory Framework
This section comprises information on the regulatory framework for various regulatory bodies associated with granting approval to AI platforms/technologies for application in the operating room.

• Impact of COVID-19
This section of the report encompasses the following:
o Impact on AI adoption in surgery
o Future impact (short- and long-term)
o Key developments during the COVID-19 pandemic

In addition, the report provides:

• A detailed analysis and growth forecast (2021-2030) for different market segments
• Recent developments and trends in the global market landscape
• Factors promoting and inhibiting the market growth
• Case studies to assess the key strategies adopted by some of the highly funded players in the market

Expert Quote

“I think these are exciting times. Not considering the buzz around AI, ultimately, it is an enabler to do things at scale and quickly. It needs to serve a higher purpose that provides surgeons or other stakeholders in the healthcare ecosystem with value. The real value that a company provides with AI is the key component. This technology can be leveraged to tackle the disparity in the world of surgery”.

Scope of the Global AI in Operating Room Market

The purpose of the study is to enable the reader to gain a holistic view of the global AI in operating room market by each of the aforementioned segments.

The report constitutes an in-depth analysis of the global AI in operating room market, including a thorough analysis of the applications. The study also provides market and business-related information on various products, applications, technologies, and end users. The report considers software solutions and hardware solutions integrated with AI.

Key Companies in the Global AI in Operating Room Market

Some of the key players contributing to the global AI in operating room market include Activ Surgical, Inc., Brainomix Ltd, Caresyntax, Inc., DeepOR S.A.S, ExplORer Surgical Corp., Holo Surgical Inc., LeanTaaS Inc., Medtronic Plc, Proximie, Scalpel Limited, and Theator Inc.

The post Global Artificial Intelligence (AI) in Operating Room Market: Focus on Offering, Technology, Indication, Application, End User, Unmet Demand, Cost-Benefit Analysis, and Over 16 Countries’ Data – Analysis and Forecast, 2021-2030 first appeared on CRI Report.

Market Segmentation

• Product – Services and Products (Kits and Assays, Instruments, Reagents, and Software)
• Process – Starting Material Preparation, Upstream Processing, and Downstream Processing
• Analytical Methods – Safety Testing, Purity Testing, Potency Testing, Identity Testing, and Stability Testing
• Technology – Polymerase Chain Reaction (PCR), Flow Cytometry, Limulus Amebocyte Lysate (LAL), Enzyme-Linked Immunosorbent Assay (ELISA), Chromatography, Mass Spectrometry, Western Blotting, Next-Generation Sequencing (NGS), and Electrophoresis, among others

Regional Segmentation

• North America – U.S., and Canada
• Europe – Germany, U.K., France, Italy, Spain, Netherlands, Russia, and Rest-of-Europe
• Asia-Pacific – China, Japan, India, Australia, South Korea, Singapore, and Rest-of-Asia-Pacific
• Latin America – Brazil, Mexico, and Rest-of-Latin America
• Rest-of-the-World

Growth Drivers

• Increasing Prevalence of Cancer and Chronic Diseases
• Rising Number of Clinical Trials
• Steady Investment and Consolidation in the Cell and Gene Therapy Market
• Favorable Regulatory Environment

Market Challenges

• Lack of Reliable Vector Production for Cell and Gene Therapy
• Lack of Therapy Specific Assays

Market Opportunities

• Drug Approvals and Strong Pipeline of Cell and Gene Therapies
• Multiple Investments in Expansion of cGMP Units

Key Companies Profiled

bioMérieux SA, Bio-Techne Corporation, Catalent, Inc., Charles River Laboratories International, Inc., Eurofins Scientific S.E., F. Hoffmann-La Roche Ltd., Intertek Group plc, Lonza Group AG, Merck KGaA, Sartorius AG, SGS S.A, Thermo Fisher Scientific Inc., WuXi AppTec, Sistemic Scotland Limited, and Vigene Biosciences, Inc.

Key Questions Answered in this Report:

• What are the major market drivers, challenges, and opportunities and their respective impacts in the global cell and gene therapy manufacturing QC market?
• What is the potential impact of advancement in QC in the contract development and manufacturing organization among the cell and gene therapy innovators?
• What is the current market demand along with future expected demand for the global cell and gene therapy manufacturing QC market?
• What are the key regulatory hurdles for industry players looking to enter this highly dynamic market?
• What are the key development strategies that are implemented by the major players in order to sustain the competitive market?
• How is each of the following segments of the market expected to grow during the forecast period from 2020 to 2030:
o product
o process
o analytical method
o technology
o region, namely, North America, Europe, Asia-Pacific, Latin America, and Rest-of-the-World (RoW)
• Who are the leading players with significant offerings to the global cell and gene therapy manufacturing QC market? What is the expected market dominance for each of these leading players?
• Which emerging companies are anticipated to be highly disruptive in the future, and what are their key strategies for sustainable growth in the global cell and gene therapy manufacturing QC market?
• How is automation expected to change scale up challenges in the market?
• What is the cost of QC vs production cost for cell and gene therapies and what strategies are leading players undertaking in order to maximize profits?

Market Overview

Our healthcare experts have found the manufacturing QC for cell and gene therapy to be one of the most rapidly evolving and dynamic markets and the global market for cell and gene therapy manufacturing QC is predicted to grow at a CAGR of 22.80% over the forecast period of 2020-2030. The market is driven by certain factors, which include increasing prevalence of cancer and chronic diseases, rising number of clinical trials for cell and gene therapy, steady investment and consolidation in the cell and gene therapy market, and favorable regulatory environment are fueling the growth of the global cell and gene therapy manufacturing QC market.

Manufacturing, being a hallmark of enabling advanced therapies to be disseminated across the patient population, is a consistent driving force behind the growth of overall adoption of innovative therapies. Quality control is a critical aspect of manufacturing, particularly considering advanced therapies such as cell and gene therapies. Profit generation aside, the cost of therapied can primarily be controlled through optimizing manufacturing costs. This will also require the optimization of cost in the underlying factors, including quality control. While a majority of regulators are currently mandating rapid testing technologies, CDMO juggernauts have already begun offering services and products based on advanced technologies such as NGS and PCR. Not only as an attractive promoting tool to gather more cell and gene innovators, but these market leaders are also driving consolidation within the industry by acquiring smaller companies offering unique products and services. As a result, there is tremendous dynamicity in the market, propelling overall access to cell and gene therapies even in smaller developing countries.

Within the research report, the market is segmented on the basis of products, processes, analytical methods, technologies, and region. Each of these segments covers the snapshot of the market over the projected years, the inclination of the market revenue, underlying patterns, and trends by using analytics on the primary and secondary data obtained.

Competitive Landscape

Rapid technological developments and their simultaneous adoption among major companies have made the global cell and gene therapy manufacturing QC market one of the most lucrative opportunities for major companies within the precision therapeutics biosphere. With both market juggernauts and emerging companies playing a significant role in the market, this industry is rapidly evolving into a highly rewarding market for manufacturers and end users. Although mostly based in Europe, market leaders such as Merck KGaA and Lonza Group AG, have been at the forefront in enabling cell and gene manufacturing capabilities across North America and the Asia-Pacific regions.

On the basis of region, North America holds the largest share of the cell and gene therapy manufacturing QC market due to a high number of active cell and gene therapy clinical trials, massive government funding, expansion activities by major companies, and an overall high adoption rate for advancing therapies. Apart from this, Asia-Pacific region is anticipated to grow at the fastest CAGR during the forecast period, 2020-2030.

The post Global Cell and Gene Therapy Manufacturing QC Market: Focus on Products and Services, Process, Analytical Method, Technology, 17 Countries’ Data and Competitive Landscape – Analysis and Forecast, 2020-2030 first appeared on CRI Report.

Market Segmentation

• Cancer-Prostate, Breast, Colorectal, Endometrial, Lung, Melanoma, Brain, Thyroid, Liver, Ovarian and Other
• Application – Clinical and Research
• End User – Academic and Research Institutions, Biopharmaceutical and Biotechnological Companies, Contract Research Organizations, and Other End Users

Regional Segmentation

• North America – U.S., Canada
• Europe – Germany, France, Italy, U.K., Spain, and Rest-of-Europe
• Asia-Pacific – China, Japan, India, Singapore, Australia, and Rest-of-Asia-Pacific (RoAPAC)
• Latin America – Brazil, Mexico, and Rest-of-the-Latin America
• Rest-of-the-World

Growth Drivers

• Rising Incidence of Cancers
• Decreasing Cost of Sequencing
• Expected Increase in Adoption of Genetic Testing
• Increasing Adoption of Inorganic Growth Strategies

Market Challenges

• Uncertain Reimbursement Policies
• Requirement of High Capital Investment Hindering Expansion
• High Pricing Pressure

Market Opportunities

• Massive Scope for Adoption of Genomic-Based Medicine in Emerging Nations
• Increasing Disposable Income in Emerging Companies
• Technological Advancements in the Field of Cancer Genomics
• Mushrooming Direct-to-Consumer Testing Services Market

Key Companies Profiled

Abbott Laboratories, Illumina, Inc., F. Hoffmann-La Roche Ltd., Bio-Rad Laboratories, Inc., Beijing Genomics Institute (BGI), QIAGEN N.V., ASURAGEN, INC., Quest Diagnostics Incorporated, NeoGenomics Laboratories, Inc., Invivoscribe, Inc., Inviate Corporation, Opko Health, Laboratory Corporation of American Holdings, OmniSeq, and Guardant Health

Key Questions Answered in this Report:

• What are the major market drivers, challenges, and opportunities in the global solid tumor testing market?
• What is the potential impact of biotechnological advancements in the diagnostic industry among end users such as researchers, pathologists, and laboratory technicians?
• What is the current market demand along with future expected demand for the global solid tumor testing market?
• What are the key development strategies that are implemented by the major players in order to sustain the competitive market?
• How is each segment of the market expected to grow during the forecast period 2020-2030? Following are the segments:
o cancer type
o technology
o application
o end user
o region
• Which are the leading players with significant offerings to the global solid tumor testing market?
• What is the expected market dominance for each of these leading players?
• Which emerging companies are anticipated to be highly disruptive in the future, and what are their key strategies for sustainable growth in the global solid tumor testing market?

Market Overview

Our healthcare experts have found the solid tumor testing market to be one of the growing markets, which is predicted to grow at a CAGR of 6.09% during the forecast period, 2020-2030. The market is driven by the need for the development of an advanced solution based on various technologies such as next-generation sequencing, in-situ hybridization, and polymerase chain reaction for cancer research in various applications such as diagnosis, prognosis, and treatment.

The market is favored by the development of high-throughput, rapid, sensitive, and multi-parametric solutions for prognosis, diagnostics, and treatment. The gradual increase in the prevalence of cancer globally has furthered the solid tumor testing market.

Furthermore, several contract research organizations are focusing on the development of solid tumor testing services, which enable to perform an extensive preclinical study at lower operation costs and less turn-around time.

Within the research report, the market is segmented on the basis of cancer type, technology application, end users, and region. Each of these segments covers the snapshot of the market over the projected years, the inclination of the market revenue, underlying patterns, and trends by using analytics on the primary and secondary data obtained.

Competitive Landscape

The exponential rise in the application of precision medicine on the global level has created a buzz among companies to invest in the development of high-resolution multiplex diagnostics providing information on cellular interaction and tissue heterogeneity to understand disease biology and pathology. Due to technologically advanced solutions and intense market penetration, companies such as Quest Diagnostics Incorporated have been a pioneer and a significant competitor in this market.

Other key players in the market are Abbott Laboratories, Illumina, Inc., F. Hoffmann-La Roche Ltd., Bio-Rad Laboratories, Inc., Beijing Genomics Institute (BGI), QIAGEN N.V., ASURAGEN, INC., NeoGenomics Laboratories, Inc., Invivoscribe, Inc., Inviate Corporation, Opko Health, Laboratory Corporation of American Holdings, OmniSeq, and Guardant Health.

On the basis of region, North America holds the largest share of the global solid tumor testing market due to improved healthcare infrastructure, rise in per capita income, and availability of state-of-the-art research laboratories and institutions in the region.

The global solid tumor testing market utilizes technologies such as next-generation sequencing, in-situ hybridization, immunohistochemistry, polymerase chain reaction, and other technologies for the development of advanced diagnostic tools to cater to a holistic approach toward the treatment of cancer. The rising incidence of cancer and the increasing global burden of the disease has subsequently furthered the growth of the market.

The post Global Solid Tumor Testing Market: Focus on Technology, Cancer Type, Application, End User, and Competitive Landscape – Analysis and Forecast, 2019-2030 first appeared on CRI Report.