In 2021, the global NGS kits market was valued at $4,553.6 million, and it is expected to reach $26,057.4 million by 2032, growing at a CAGR of 17.27% during the forecast period 2022-2032.

The growth in the global NGS Kits market is expected to be driven by advancements in sequencing technology benefiting the treatment and diagnostics coupled with the presence of regulatory framework pertaining to sequencing and governments investing in large clinical and diagnostic laboratories to enable reliable NGS testing for a variety of chronic and infectious ailments.

Market Lifecycle Stage

The global NGS kits market is in progressing phase. Next-generation sequencing (NGS) has recently seen a rapid surge in popularity and has emerged as a crucial diagnostic tool for many diseases. The NGS kits market is a disruptive technical advancement in the life sciences sector that has cleared the way for the creation of various ground-breaking medicinal techniques intended to solve the main global health concern.

Impact

• The presence of NGS kits providers of NGS kits in regions such as North America and Europe has a major impact on the market.

For instance, Illumina, Inc. is one of the global leaders in providing technologically advanced sequencing and array-based solutions for genomic and genetic analysis to government laboratories, academic and research institutions, hospitals, pharmaceuticals, commercial molecular diagnostic laboratories, biotechnology, and consumer genomics companies. The company also provides sequencing solutions in the field of cancer research.

Impact of COVID-19

The COVID-19 pandemic has resulted in showcasing a positive impact on the overall market, owing to its increased adoption for the diagnosis of respiratory virus i.e. coronavirus. NGS is a useful technology for characterizing and finding viruses in the environment, animals, and people during viral pandemics.

Additionally, NGS can offer helpful information to researchers and medical professionals who are trying to create the best possible treatment alternatives. Steps performed in the COVID-19 testing process include extracting RNA sample from the patients, which is then reverse transcribed to cDNA, and then amplified using PCR.

Before the PCR step, however, a sample library needs to be prepared which is the most time-consuming step of the entire process. Thus, with the help of NGS kits, this protocol can be performed quickly. Therefore, with the emergence of COVID-19, the popularity of NGS kits has increased.

Market Segmentation:

Segmentation 1: by Workflow

• Library Preparation
• Cluster Generation
• Sequencing Reagents/Kits

The global NGS Kits market in the workflow segment is expected to be dominated by the library preparation segment. This is due to an increasing number of library preparation kits and companies manufacturing these kits for their end users.

Segmentation 2: by Sequencing Type

• WES and WGS
• Targeted Sequencing
• Long-Read Sequencing
• Others

The global NGS Kits market is dominated by the WES and WGS segment owing to an increasing number of NGS kits targeting whole exome and whole genome as part of the sequencing step. Whole exome sequencing (WES) is a useful method for researchers. This kind to research might be used to continue figuring out whether new genetic variations are connected to health problems, which could help identify illnesses in the future.

WGS is a technique for figuring out a person’s complete DNA sequence, including non-coding DNA, which has about 3 billion nucleotides. In recent years, the cost of producing genetic data has decreased significantly. The demand for library preparation in WGS is being driven by the continuing demand for WGS in clinical and scientific applications, as well as the growing need to discover new genomic variants connected to health concerns.

Segmentation 3: by Usage

• Clinical
• Research

The global NGS Kits market is dominated by the research segment owing to rising number companies manufacturing research use NGS kits and rising R&D activity focused on NGS kits. There has been extensive use of NGS-detected sequence variants/mutations in research, including prognosis, therapeutic decision-making, and patient follow-up. Its extensive parallel sequencing capacity creates new opportunities for personalized therapy.

Segmentation 4: by Application

• Oncology
• Rare Diseases
• Genetic Disorders
• Reproductive Health
• Others

The global NGS Kits market is dominated by the oncology segment owing to rising number companies manufacturing NGS kits for cancer. Cancer is a diverse illness that develops over time because of an accumulation of DNA abnormalities.

The detection, management, and therapy of cancer would significantly impact by new sequencing technology. A road map of the typical human genome and a landscape of mutations in cancer genomes spanning many cancer types are provided by the hundreds of cancer genomes that have been read by next-generation sequencing (NGS).

Segmentation 5: by End-User

• Academic and Research Institutions
• Pharmaceutical and Biotechnology Companies
• Clinical and Diagnostic Laboratories
• Others

The academic and research institutions segment dominates the global NGS Kits market due to the increasing research and development activities in academic institutes and the focus of researchers on NGS kits.

Segmentation 6: by Region

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

North America generated the highest revenue of $2,281.5 million in 2021, which is attributed to the R&D advancements in the field of NGS and the presence of dominating players operating in the NGS kits market.

The growth in this region can be attributed to the presence of prominent market players in the U.S. and the growing adoption of next-generation sequencing kits in research, diagnostics, and synthetic biology.

In addition, the rising prevalence of infectious diseases, genetic disorders, and chronic diseases, and the development of novel library preparation kits are some of the factors that is leading to the dominance of North America in the global NGS kits market.

Recent Developments in the Global NGS Kits Market

• In June 2022, PerkinElmer Inc. introduced the library preparation kits i.e. NEXTFLEX Small RNA-Seq Kit v4, NEXTFLEX Rapid XP V2 DNA-Seq Kit and PG-Seq Rapid Kit v2.

• In June 2022, Beckman Coulter, Inc. partnered with Integrated DNA Technologies to distribute Biomek NGenius Next-Generation Sequencing Library Prep System. This system is a multipurpose liquid handler for NGS library preparation. The Biomek NGenius System is equipped with an FFPE DNA library prep kit and Integrated DNA Technologies’ xGen cfDNA, which can help researchers optimize library generation from degraded, low-input samples such as the FFPE samples.

• In March 2022, Illumina, Inc. launched the TruSight Oncology (TSO) Comprehensive (EU), a single test that detects multiple tumor genes and biomarkers to reveal the specific molecular profile of a patient’s cancer. With its global launch in Europe, the IVD kit is manufactured to inform precision medicine decisions for cancer patients across the continent.

• In February 2020, Thermo Fisher Scientific introduced a new NGS-based solution that enables reproductive health researchers to analyze a broad range of key genetic markers. The Ion Torrent CarrierSeq ECS Kit for the Ion GeneStudio S5 System consolidated a multi-platform approach to expanded carrier screening (ECS) into a single solution that expands the company’s reproductive health research portfolio.

Demand – Drivers and Limitations

Following are the demand drivers for global NGS kits market:

• Increasing Incidence of Infectious Diseases and Genetic Disorders
• Exponential Rise in Next-Generation Sequencing (NGS) Demand due to Reducing Cost of Genome Sequencing
• Rising Research Funding in the Genome Sciences

The market is expected to face some limitations too due to the following challenges:

• Dearth of Skilled Professionals and Lack of Infrastructure in Emerging Economies
• Stringent Regulatory Standards Related to NGS

How can this report add value to an organization?

Workflow/Innovation Strategy: The workflow segment helps the reader understand the two NGS steps i.e Library preparation, Cluster Generation and Sequencing. Under these steps, NGS kits are used which further aid in diagnosis. Moreover, the study provides the reader with a detailed understanding of the different applications such as oncology, NIPT, rare disease, and others.

Growth/Marketing Strategy: The NGS kits are being used for both research and clinical application. Companies are providing these kits, which is key for market players to excel in the current NGS kits market.

Competitive Strategy: Key players in the global NGS Kits market analyzed and profiled in the study have involved the NGS kits as product manufacturers Moreover, a detailed competitive benchmarking of the players operating in the global NGS Kits 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, agreements, 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 company coverage, product portfolio, and market penetration. The leading top segment players include NGS kit manufacturers that offer major products under workflow such as library preparation, cluster generation, and sequencing in the market.

Some of the prominent names established in this market are:

• Agilent Technologies, Inc.
• Bio-Rad Laboratories, Inc.
• BGI Group
• Creative Biogene.
• Danaher.
• F. Hoffmann-La Roche Ltd
• Hologic, Inc.
• Illumina, Inc.
• New England Biolabs
• Oxford Nanopore Technologies plc.
• Pacific Biosciences of California, Inc.
• PerkinElmer Inc.
• Promega Corporation
• QIAGEN N.V.
• seqWell
• Takara Bio Inc.
• Tecan Trading AG
• Thermo Fisher Scientific, Inc.
• Twist Bioscience Corporation

The post NGS Kits Market – A Global and Regional Analysis: Focus on Workflow, Sequencing Type, Usage, Application, End User, and Region – Analysis and Forecast, 2022-2032 first appeared on CRI Report.

The global laboratory informatics market was valued at $4,341.2 million in 2021 and is anticipated to reach $12,677.0 million by 2032, witnessing a CAGR of 10.27% during the forecast period 2022-2032. The growth in the global laboratory informatics market is expected to be driven by the increased efficiency of laboratories due to their usage and better data management. Additionally, it saves time and money.

Market Lifecycle Stage

Laboratory informatics plays an essential role in laboratories fulfilling quality standards, eliminating transcribing mistakes, shortening the time it takes from specimen receipt to results reporting, and improving patient outcomes.

Over the last decade, technical developments in laboratory equipment have resulted in increasing specimen numbers, as well as a growing need for and dependence on laboratory data to support clinical and public health demands. These advancements indicated that paper-based record keeping and results reporting were impractical and could not serve the laboratory’s commercial demands.

As a result, there has been a significant increase in the need for laboratory informatics adoption at all levels. This expanded usage of laboratory informatics has enabled end customers to describe particular system requirements, prompting suppliers to design more appealing and practical products and feasible laboratory informatics choices.

Impact

• The presence of major instrument providers of laboratory informatics has a major impact on the market. For instance, in June 2020, Agilent Technologies, Inc. and Thermo Fisher Scientific Inc.’s expanded multivendor control approach to laboratory informatics enables clients to pick the finest hardware and software for their needs.

This execution of its mutual compatibility principle would allow customers of Agilent Technologies and Thermo Fisher Scientific to select a chromatography data system from either company Agilent OpenLab CDS or Thermo Fisher Chromeleon to manage analytical instruments from both companies.

• Companies such as IDBS (Danaher.) partnered with Synthace in December 2021 in order to provide IDBS Polar users with cutting-edge data infrastructure for high-throughput process development (HTPD) studies.

Synthace’s cloud-based automation platform works in tandem with Polar’s HTPD to accelerate bioprocess development by enabling better decision-making through more reliable data sets, comprehensive data analysis, and modern enterprise data management, allowing the team to adopt a faster throughput approach and significantly reduce timelines. This combined solution allows users to scale safely to hundreds of automated, parallelized experiments per month.

Impact of COVID-19

During the COVID-19 pandemic, the development of laboratory software and technologies really took off as people were working remotely, and thus digital solutions became a requirement for a productive laboratory. Also, increased laboratory demands for testing, genomics, drug development, and vaccinations also meant they had to become more efficient and provide faster, quicker, and more efficient results.

In addition to this, these demands had to be fulfilled with laboratory space restrictions and demanding timelines. Thus, scaling up testing and research could only be solved by using laboratory informatics tools like LIMS and ELN. These tools helped scientists collaborate and work better even in a reduced-capacity working environment.

Many laboratory informatics manufacturers fastened their implementation process to help laboratories better fight the coronavirus. For example, CloudLIMS helped multiple labs set up within less than a week by implementing FDA-approved and preconfigured workflows.

The key challenges faced by laboratories testing COVID-19 included rapid configuration of FDA-approved workflows, standardization, and validation of new COVID-19 testing methods, reporting results according to FDA and CDC guidelines, and following the internal regulatory CLIA ISO and HIPAA guidelines.

Market Segmentation:

Segmentation 1: by Type

• Laboratory Information Management Systems (LIMS)
• Electronic Lab Notebooks (ELN)
• Chromatography Data Systems (CDS)
• Electronic Data Capture (EDC)
• Clinical Data Management Systems (CDMS)
• Laboratory Execution Systems (LES)
• Enterprise Content Management (ECM)
• Scientific Data Management Systems (SDMS)
• Quality Management Systems (QMS)

Based on type, the global laboratory informatics market is expected to be dominated by laboratory information management systems (LIMS). This is due to the high number of applications performed by LIMS and its ease of integration with other systems.

Segmentation 2: by Offering

• Platform
• Standalone
• Add-On

Based on offering, the global laboratory informatics market is dominated by standalone systems. However, platform is the fastest growing segment. This is because laboratories are realizing the need for more than one laboratory informatics system type, which is easier to integrate with platforms.

Segmentation 3: by Component

• Software
• Consulting Service

Based on component, the global laboratory informatics market is expected to be dominated by software. This is due to the higher number of software companies than consulting ones.

Segmentation 4: by Deployment

• On-Premises
• Cloud-Based
o SaaS
• Remotely Hosted

Based on deployment, the global laboratory informatics market is dominated by the cloud-based segment. The growth of the cloud-based segment is primarily attributed to its low cost and improving privacy concerns.

Segmentation 5: by End User

• Pharma and Biotechnology
• Biobanks and Biorepositories
• Molecular Diagnostics and Clinical Research Labs
• Contract Research Organizations (CROs)
• Academia
• Food and Beverage
• Chemical Industry
• Petrochemical Refinery and Oil and Gas Industry

Based on end user, the global laboratory informatics market was dominated by pharma and biotechnology. The growth of this segment is primarily attributed to the high use of laboratories in these fields. Additionally, with many software specifically designed to be used by this end user, their use is growing significantly.

Segmentation 6: by Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Rest-of-the-World

North America dominated the global market with a revenue of $1,773.5 in 2021. However, the Asia-Pacific region, constituting several emerging economies, is expected to register the highest CAGR of 11.55% during the forecast period 2022-2032.

Recent Developments in the Global Laboratory Informatics Market

• In February 2022, Agilent Technologies, Inc. acquired advanced artificial intelligence (AI) technology developed by Virtual Control. With this acquisition, the company incorporated ACIES software into the industry’s premier gas chromatography and mass spectrometry (GS/MS) platform, which boosted productivity, efficiency, and throughput in laboratories worldwide.

• In October 2021, PerkinElmer, Inc. introduced Signals Research Suite, a complete cloud-based solution hosted on Amazon Web Services. The suite is a secure informatics platform that provides pharmaceutical and industrial companies with comprehensive, end-to-end scientific data and workflow management.

• In July 2021, Abbott’s STARLIMS Corporation upgraded to Technology Platform v12.2. Functionality and upgrades have been improved, and all of the features from prior versions of ELN are available in HTML5: Standard Operating Procedures (SOP) document viewer. The new HTML5 design enhanced start-up efficiency, integration, and usability.

• In August 2020, Thermo Fisher Scientific expanded SampleManager LIMS software deployment model choices which enabled laboratories with end-to-end support for software deployment in the Amazon Web Services (AWS) cloud. The customers of LIMS software can use the system’s enhanced functionality and integration capabilities without investing considerable resources in the setup and continuing administration of a cloud environment.

Demand – Drivers and Limitations

Following are the demand drivers for the global laboratory informatics market:

• Reduced Human Error and Increased Efficiency
• Time Savings and Increased Revenue
• Increasing Implementation of Laboratory Informatics in All Industries

The market is expected to face some limitations too due to the following challenges:

• Slow Speed of Implementation
• Trained Professionals Needed
• Data Migration Highly Error-Prone and Time Consuming

How can this report add value to an organization?

Product/Innovation Strategy: The report considers both software and services-based companies. The industry is seeing constant development and product launches with new and innovative upgrades. Additionally, emerging technologies like AI and ML are also expected to be integrated into laboratory informatics systems soon, which is expected to further boost the market growth.

Growth/Marketing Strategy: The key components in laboratory informatics are the software and consulting services. The cost of software depends on the number of integrations you want the software with. However, the consulting charges usually surpass the cost of instruments, and consulting services are necessary to ensure the purchase of the right type of instruments and their correct integration and placements.

Competitive Strategy: The key players in the global laboratory informatics market have been analyzed and profiled in the study, consisting of both software-based and service-based companies, as well as a few emerging companies.

Moreover, a detailed competitive benchmarking of the players operating in the global laboratory informatics 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, agreements, 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, analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names established in this market are:

Company Type 1: Public Companies

• Agilent Technologies, Inc.
• Abbott. (STARLIMS Corporation.)
• BD.
• Bio-Rad Laboratories, Inc.
• Dassault Systèmes (Biovia)
• Danaher. (IDBS)
• Illumina, Inc.
• Merck KGaA
• PerkinElmer, Inc.
• Thermo Fisher Scientific Inc.
• Waters.

Company Type 2: Private Companies

• Accelerated Technology Laboratories, Inc.
• CSols Inc.
• LabVantage Solutions Inc.
• LabWare
• MGI Tech Co., Ltd.
• Benchling.
• LabLynx, Inc.

The post Laboratory Informatics Market – A Global Market and Regional Analysis: Focus on Type, Offering, Component, Deployment, End User, and Region Analysis – Analysis and Forecast, 2022-2032 first appeared on CRI Report.

The global flow cytometry in oncology and immunology market was valued at $1,653.2 million in 2021 and is anticipated to reach $5,287.4 million by 2032, witnessing a CAGR of 11.39% during the forecast period 2022-2032.

The market is driven by factors such as the increasing burden of cancer, expansion of applications in flow cytometry for research activities, innovation in flow cytometry leading to the use of next-generation flow cytometers, and the increasing use of flow cytometry in the identification and diagnosis of immune-deficiency diseases.

Market Lifecycle Stage

The global flow cytometry in the oncology and immunology market is in the developed phase. The increasing research for flow cytometry for the detection of solid tumors and the leveraging of public-private initiatives to advance R&D in the field of immunology and oncology research are some of the major opportunities in the global flow cytometry in oncology and immunology market.

Impact of COVID-19

COVID-19 had a minimal impact on the global flow cytometry in oncology and immunology market. The initial breakout of the pandemic led to an increase in the use of reagents of flow cytometry in research activities and clinical trials. However, the manufacturers witnessed a loss in 2020 due to COVID-19 restrictions and preventive actions such as a reduction in supply chain and sales.

Also, there was a significant shift observed toward research activities for treating and diagnosing COVID-19, which resulted in a halt in research activities for oncology using flow cytometry. Besides these minimal impacts, flow cytometry in oncology and immunology is expected to overcome the impact in the forecast period 2022-2032.

Market Segmentation:

Segmentation 1: by Offering

• Products
o Instruments
o Reagents and Consumables
o Software
• Services

The global flow cytometry in oncology and immunology market (by offering) is expected to be dominated by the products segment.

Segmentation 2: by Technology

• Cell-Based Flow Cytometry
• Bead-Based Flow Cytometry

The global flow cytometry in oncology and immunology (by technology) is expected to be dominated by the cell-based flow cytometry segment.

Segmentation 3: by Type

• Immunology
• Oncology

The global flow cytometry in oncology and immunology market (by type) is dominated by the oncology segment.

Segmentation 4: by Application

• Translational Research
• Clinical Research

The global flow cytometry in oncology and immunology market (by application) is dominated by the translational research segment.

Segmentation 5: by End User

• Hospitals, Diagnostic Laboratories, and Reference Laboratories
• Pharmaceutical and Biotechnology Companies
• Academic Research Institutes
• Contract Research Organizations
• Others

The global flow cytometry in oncology and immunology market (by end user) is dominated by the hospitals, diagnostic laboratories, and reference laboratories segment.

Segmentation 6: by Region

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

The global flow cytometry in oncology and immunology market (by region) is dominated by the North America segment.

Recent Developments in the Global Flow Cytometry in Oncology and Immunology Market

• In February 2022, Becton, Dickinson and Company acquired Cytognos, S.L. Through this acquisition, the company expanded its flow cytometry portfolio and gained the expertise of ~80 scientists and professionals at Cytognos S.L.

• In September 2022, Becton, Dickinson and Company launched BD Research Cloud, a cloud-based software solution designed to streamline the flow cytometry workflow to enable higher quality experiments with faster time to insight for scientists working across a range of disciplines, including immunology, virology, oncology, and infectious disease monitoring.

• In September 2021, Beckman Coulter, a wholly owned subsidiary of Danaher Corporation, launched its new CytoFLEX flow cytometry platform, which is expected to open new avenues for cancer researchers with respect to single-cell analysis. This new system launched by the company offers powerful analytical performance in a benchtop instrument, which offers high sensitivity.

• In February 2021, Thermo Fisher Scientific Inc. acquired the cell sorting technology assets of Propel Labs, which is expected to broaden Thermo Fisher’s flow cytometry and cell analysis portfolio.

• In December 2020, Thermo Fisher Scientific Inc. acquired Phitonex, Inc., a pioneer in the field of spectral dye platforms for high-resolution biological applications, including oncology and immunology. With the acquisition of the company, Thermo Fisher Scientific Inc. is expected to offer greater flow cytometry capabilities to meet evolving customer demands for cell and protein analysis research.

• In January 2020, Luminex Corporation acquired Merck’s flow cytometry business portfolio for $75 million, further enabling the company to effectively enhance its existing offerings related to flow-based detection instruments. The company’s newly acquired FCM portfolio includes Guava and Amnis product portfolios.

Demand – Drivers and Limitations

Following are the drivers for the global flow cytometry in oncology and immunology market:

• Increasing Burden of Cancer is One of the Major Propelling Factors for the Innovation of Novel Technologies in Flow Cytometry
• Expansion of Applications in Flow Cytometry for Research Activities Propels its Demand in the Market
• Innovation in Flow Cytometry Leading to Use of Next-Generation Flow Cytometers
• Increasing Use of Flow Cytometry in Identification and Diagnosis of Immune-Deficiency Diseases

The market is expected to face some limitations as well due to the following challenges:

• High Cost of the Products of the Flow Cytometry Equipment Restraining the Adoption of the Devices in Emerging Economies
• False Negative and Positive Antibody Responses Can Hinder the Adoption of Flow Cytometry

How can this report add value to an organization?

Offerings: The offerings segment helps the reader understand the different types of flow cytometry offerings available in the market. Moreover, the study provides the reader with a detailed understanding of products that fall under the two main segments, i.e., products and services.

Growth/Marketing Strategy: The global flow cytometry in oncology and immunology market has witnessed major development by key players operating in the market, such as product launches, business expansions, partnerships, collaborations, mergers and acquisitions, funding activities, and regulatory and legal approvals.

The favored strategy for the companies has been new product offerings to strengthen their position in the market. For instance, in June 2022, Becton, Dickinson and Company launched its new cell sorting technology at the International Society for Advancement of Cytometry (ISAC). Using this technology can help in sorting cells at a very fast speed during flow cytometry.

Competitive Strategy: The key players in the global flow cytometry in oncology and immunology market analyzed and profiled in the study involve established and emerging players that offer different products for flow cytometry.

Moreover, a detailed competitive benchmarking of the players operating in the global flow cytometry in oncology and immunology market has been done to help the reader understand the ways in which players stack against each other, presenting a clear market landscape.

Moreover, comprehensive competitive strategies such as partnerships, agreements, collaborations, mergers, and acquisitions will help the reader understand 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 analyzing company coverage, product portfolio, and market penetration.

Some of the players in this market are:

• Agilent Technologies, Inc.
• Becton, Dickinson and Company
• Bio-Rad Laboratories, Inc.
• Cell Signaling Technology, Inc.
• Cytek Biosciences, Inc.
• Danaher Corporation
• DiaSorin S.p.A (Luminex Corporation)
• Enzi Biochem Inc.
• Laboratory Corporation of America Holdings
• Merck KGaA
• Miltenyi Biotec
• NeoGenomics Laboratories, Inc.
• OPKO Health, Inc.
• Sony Group Corporation
• Thermo Fisher Scientific Inc

The post Flow Cytometry in Oncology and Immunology Market – A Global Market and Regional: Focus on Offering, Technology, End User, Type, Application, and Country – Analysis and Forecast, 2022-2032 first appeared on CRI Report.

The smart vineyard management market was valued at $1.21 billion in 2021 and is projected to reach $2.15 billion by 2027, growing at a CAGR of 10.08% during the forecast period 2022-2027. Owing to the growing market for grapes and vineyards, the growth in the Smart Vineyard Management Market is expected to be driven by the increasing need for digital and smart vineyard monitoring and management systems and solutions.

Market Lifecycle Stage

The smart vineyard management market is still in a nascent phase. Increased corporate investments and research and development activities are underway to develop smart vineyard management technologies and products, which are expected to increase due to the growing need to reduce vineyard losses and automation in the vineyard industry.

New entrants are penetrating the market backed up by government funding and corporate investments, which is one of the major opportunities in the global smart vineyard management market. Moreover, smart vineyard management technologies also help in enhancing yield quality due to timely detection of pest infestation and diseases. Smart vineyard management technologies also facilitate the safe and quality harvesting and picking of tender grapes through the use of autonomous robots.

Impact

• With an increased worldwide demand for different varieties of grapes and products such as wine and juices, the shift to digital, smart, and data-driven products in the vineyard sector brings significant sales and financing opportunities. The shift is more prominent in guidance technology and sensing technology segments in regions such as Europe and North America.
• Furthermore, smart vineyard management systems have a moderate to high impact on crop scouting systems to reduce crop losses due to crop diseases and pest infestations.

Impact of COVID-19

The COVID-19 pandemic has had a significant impact on almost all major industries throughout the world, including the agricultural industry. Globally nations had lockdowns imposed because of which the supply chain also got disrupted, resulting in a shortage of equipment and other inputs required for vineyards. This has brought the companies’ attention to the use of remote sensing and other vineyard management tools, which can lead to a boost in the adoption of smart vineyard management. Among the vineyard managers and winemakers, the adoption of smart vineyard management is expected to increase due to developed Information Technology (IT) infrastructure and networks as well as improved farm mechanization. Thus, COVID-19 has positively impacted the smart vineyard management market in the long run due to disrupted supply chains and labor shortages.

Market Segmentation:

Segmentation 1: by Application

• Yield Monitoring
• Crop Scouting
• Harvesting
• Irrigation Management
• Others

The Smart Vineyard Management Market by application segment is expected to be dominated by yield monitoring technologies. The growing trend for advanced technologies being used for yield estimation and mapping to facilitate informed harvesting and picking decisions is driving the yield monitoring technologies in the application segment of the smart vineyard management market.

Segmentation 2: by Solution

• Hardware
• Software
• Services

The hardware segment dominates the global smart vineyard management market. Hardware such as robots and drones, sensors, and others, including handheld computers and display screens, among others, work with increased speed and accuracy to improve the efficiency of data collection and operations.

Segmentation 3: by Technology

• Guidance
• Sensing
• Variable Rate Technology (VRT)
• Others

Due to the growing trend of digital and smart agricultural practices, the traction for sensing technologies has been growing globally.

Segmentation 4: by Region

• North America – U.S., Canada, Mexico, Rest-of-North America
• South America – Argentina, Brazil, Chile, and Rest-of-South America
• Middle East and Africa – Turkey, South Africa, and Rest-of-Middle East and Africa
• Europe – Italy, Spain, France, and Rest-of-Europe
• U.K.
• China
• Asia-Pacific – Japan, India, Australia, and Rest-of-Asia-Pacific

Europe generated the highest revenue of $528.8 million in 2021, which is attributed to the large-scale adoption of advanced technologies and an increasing number of smart vineyard management startups backed by government, institutional, and corporate funding in the region. Europe is an attractive region for the smart vineyard management market because of the availability of a large number of family-owned and wine manufacturers’ vineyards.

Recent Developments in the Global Smart Vineyard Management Market

• In March 2022, AGRIVI partnered with Eviit GmbH to bring digital agriculture solutions for various applications, including vineyard management, to Germany.
• In January 2022, YANMAR HOLDINGS CO., Ltd. unveiled the YV01 autonomous spraying robot for use in vineyards. The YV01’s electrostatic spraying mechanism is flexible, lightweight, and environmentally friendly, which ensures extremely accurate spraying on vines.
• In December 2021, Deep Planet set up its Australian headquarters in Adelaide, South Australia, to get into the Australian wine tech market.
• In October 2020, Elmibit d.o.o. announced the exploration of new market opportunities as a part of the support received from the INNOWWIDE open call.

Demand – Drivers and Limitations

Following are the demand drivers for the smart vineyard management market:

• Need to Reduce Vineyard Crop Losses
• Need for Automation in Vineyards
• Growing Market for Grapes and Vineyards

The market is expected to face some limitations as well due to the following challenges:

• High Cost of Investment
• Technological Complexities due to Lack of Infrastructure
• Lack of Technically Skilled Labor Force

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of smart vineyard management technologies available for deployment in the viticulture sector and their potential globally. Moreover, the study provides the reader with a detailed understanding of different smart vineyard management products by application (Yield Monitoring, Crop Scouting, Harvesting, Irrigation Management, and Others), by solution (Hardware, Software, and Services), by technology (Guidance, Sensing, Variable Rate Technology (VRT), and Others).

Growth/Marketing Strategy: The Smart Vineyard Management Market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been product partnerships, joint ventures, and product launches to strengthen their position in the smart vineyard management market. For instance, in January 2020, Vineview announced the launch of its new Terra Insight feature for Pro users, which offers a simple method to spot vine-by-vine growth trends and patterns connected to geographical factors that can be important sources of vineyard variability.

Competitive Strategy: Key players in the Smart Vineyard Management Market analyzed and profiled in the study involve smart vineyard management manufacturers that provide different products. Moreover, a detailed competitive benchmarking of the players operating in the Smart Vineyard Management 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, agreements, 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 analyzing company coverage, product portfolio, and market penetration.

The top segment players leading the market include hardware, which captures around 43% of the presence in the market. Players in other solutions, such as software and services, together accounted for approximately 57% of the presence in the market as of 2021.

Some prominent names established in this market are:

Company Type 1: Hardware

• Fruition Sciences
• Robotnik
• TeeJet Technologies
• Trimble Inc.
• YANMAR HOLDINGS CO., LTD.

Company Type 2: Software

• Elmibit d.o.o.
• ISAGRI
• PrecisionHawk, Inc.
• SureHarvest Services, LLC
• TerraNIS
• TracMap Limited

Company Type 3: Services

• AGRIVI
• AHA Viticulture
• Grow Data
• Vineview

Company Type 4: Startup Company Profiles

• Naïo Technologies
• Pollen Systems Corporation
• Terraview Pte. Ltd.
• Vidacycle
• Vinelytics LLC

The post Smart Vineyard Management Market – A Global and Regional Analysis: Focus on Product, Application, Supply Chain Analysis, and Country Analysis – Analysis and Forecast, 2022-2027 first appeared on CRI Report.

The global oxygen scavengers market is projected to reach $4,318.4 million by 2031 from $2,324.4 million in 2021, growing at a CAGR of 6.4% during the forecast period 2022-2031.

The function of oxygen scavengers is to limit the amount of oxygen available for deteriorative reactions, which may lead to reduced functionality of many types of products, including food and beverages, pharmaceuticals, chemicals, and others. Oxygen scavengers are expected to be more valuable as packaging becomes technologically advanced. Oxygen scavengers are critical elements for the rapidly expanding food and beverage sector. Growth in the oxygen scavengers market is being driven by the increasing usage of oxygen scavengers in active and intelligent packaging and technological developments related to the use of oxygen scavengers.

Market Lifecycle Stage

The oxygen scavengers market is still in the growing phase for food and beverages and pharmaceutical applications owing to ongoing development in these industries; however, for applications such as oil and gas and chemicals, the market is comparatively in its mature stage. The market is expected to benefit from the growing focus on stringent government rules and regulations by regulatory organizations in various regions and countries, as oxygen scavengers are widely utilized for extending the shelf life of food and pharma products, thereby improving the quality of packaged products. Increasing awareness amongst the consumers related to the food quality is expected to create potential market demand for oxygen scavengers.

Industrial Impact

• With an increased worldwide focus on achieving zero wastage, the shift toward sustainable technologies brings significant sales and financing opportunities in active and intelligent packaging. This shift was prominently experienced in regions and countries such as North America, Europe, the Middle East, and some Asian countries.
• Furthermore, oxygen scavengers have a moderate to high impact on food and pharma applications; however, in the upcoming future, with increased awareness amongst the consumers related to food quality, the impact is anticipated to increase.

Impact of COVID-19

The COVID-19 pandemic considerably impacted the production of oxygen scavengers as a result of country-wide shutdowns of manufacturing sites, labor shortages, and disruptions in supply and demand chains globally, which distorted the market. The supply of oxygen scavengers declined in industrial sectors such as chemicals and oil and gas, while it had a positive impact on the food and pharma packaging sector. Pharmaceutical sales grew drastically during the pandemic period, which boosted the sales of oxygen scavengers. During recovery, with increased research and development activities and the increased need for sustainable packaging, the demand for oxygen scavengers is anticipated to be robust.

Market Segmentation:

Segmentation 1: by End User

• Pharmaceuticals
• Food and Beverages
• Chemicals
• Oil and Gas
• Others

Food and beverages are anticipated to be one of the prominent end-use markets for oxygen scavengers during the forecast period 2022-2031.

Segmentation 2: by Form

• Canisters
• Sachets
• Stickers
• Resin
• Liquid
• Others

Based on form, the oxygen scavengers market is estimated to be led by sachets during the forecast period 2022-2031.

Segmentation 3: by Type

• Organic Oxygen Scavengers
• Inorganic Oxygen Scavengers

Based on type, the oxygen scavengers market is estimated to be led by inorganic oxygen scavengers during the forecast period 2022-2031.

Segmentation 4: by Region

• North America – U.S., Canada, and Mexico
• Europe – Germany, France, Italy, Spain, and Rest-of-Europe (RoE)
• China
• U.K.
• Asia-Pacific and Japan – Japan, India, South Korea, and Rest-of-Asia-Pacific
• Rest-of-the-World – South America and the Middle East and Africa

China is expected to lead the oxygen scavengers market throughout the forecast period, owing to the presence of a significant number of food, pharmaceutical, and chemical manufacturers in the region.

Recent Developments in Oxygen Scavengers Market

• In September 2017, SUEZ Group acquired GE Water & Process Technologies for around $3.4 billion. This transaction is a group’s strategy for expanding its offering for industrial clients, reinforcing its international footprint, and boosting digital and innovation platforms, especially for oxygen scavengers.
• In 2019, Indorama Ventures completed the acquisition of a 100% stake in the PET business of INVISTA Resins and Fibers GmbH, Germany. The acquisition provides Indorama with competitive advantages, obtaining the intellectual property rights of POLYSHIELD PET and OXYCLEAR Barrier PET, Invista’s barrier technology, in all markets globally.
• In 2021, Solenis was acquired by Platinum Equity from Clayton, Dubilier & Rice (CD&R) and BASF in a transaction worth $5.25 billion. As part of the acquisition, Solenis merged with Sigura Water, an existing Platinum Equity portfolio company, for a total combined transaction value of approximately $6.5 billion. The company generates a combined revenue of approximately $3.5 billion.

Demand – Drivers and Limitations

Following are the demand drivers for the oxygen scavengers market:

• Rising Awareness amongst the Consumers related to Food Quality
• Rising demand for Convenience Foods and Active Food Packaging
• Increasing developments in Pharmaceutical Industry

The market is expected to face some limitations due to the following challenges:

• Hazards Associated with Chemicals in Oxygen Scavengers to Human Health and Potential Threat to Efficiency of Steam Generation Process
• Inconvenience Associated with Oxygen Scavenger Sachets in Food Packaging

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different forms and types involved in the oxygen scavenger market. The form segment includes sachets, canisters, stickers, resin, liquid, and others, while the type segment includes organic oxygen scavengers and inorganic oxygen scavengers. Moreover, the study provides the reader with a detailed understanding of the oxygen scavengers market based on end user (food and beverages, pharmaceuticals, oil and gas, chemicals, and others). The government’s need for more environment-friendly methods to prevent packaging wastage problems is fuelling the demand for oxygen scavengers.

Growth/Marketing Strategy: The oxygen scavengers market has seen major development by key players operating in the market, such as business expansions, partnerships, collaborations, mergers and acquisitions, and joint ventures. The favored strategy for the companies has been business expansions and acquisitions to strengthen their position in the oxygen scavengers market. For instance, in July 2020, Avient acquired the color masterbatch businesses of Clariant. The masterbatch business includes around 46 manufacturing operations and technology centers in 29 countries and approximately 3,500 employees.

Competitive Strategy: Key players in the oxygen scavengers market analyzed and profiled in the study involve oxygen scavenger manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the oxygen scavengers 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, agreements, 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, analyzing company coverage, product portfolio, and market penetration.

Based on form, the sachets segment is expected to lead the oxygen scavengers market and capture around 42.4% of the market as of 2021. Players utilizing other forms, including resin, accounted for around 22.5%, canisters accounted for 15.2%, liquid accounted for around 12.0%, stickers accounted for approximately 2.1%, and other forms of oxygen scavengers accounted for less than 5.9% of the total demand in 2021.

Some of the prominent established names in this market are:

Company Type 1 (by Form): Canisters

• Mitsubishi Gas Chemical Company
• Multisorb Technologies

Company Type 2 (by Form): Sachets

• Mitsubishi Gas Chemical Company
• Clariant AG
• Multisorb Technologies
• TPG CO., LTD.
• Desiccare, Inc.

Company Type 3 (by Form): Stickers

• Mitsubishi Gas Chemical Company
• Multisorb Technologies

Company Type 4 (by Form): Resin

• Clariant AG
• Avient Corporation
• Indorama Ventures
• Sherwin-Williams Company

Company Type 5 (by Form): Liquid and Others

• BASF SE
• Arkema
• SUEZ Group
• Accepta Water Treatment
• Schlumberger Limited
• Eastman Chemical Company

Companies that are not a part of the previously mentioned pool have been well represented across different sections of the report (wherever applicable).

The post Oxygen Scavengers Market – A Global and Regional Analysis: Focus on Type, Form, End User, and Region – Analysis and Forecast, 2022-2031 first appeared on CRI Report.

The global surface treatment chemicals market is projected to reach $11,889.2 million by 2031 from $5,623.3 million in 2021, growing at a CAGR of 8.0% during the forecast period 2022-2031.

The demand for surface treatment chemicals is anticipated to grow with the increasing demand from the end-user industries such as automotive, construction, electricals and electronics, aerospace, and others. Furthermore, it is anticipated that during the projected period (2022-2031), the increasing adoption of chemicals in the automotive industry and the expansion of construction projects in several emerging economies, including China, India, and Thailand, are expected to further fuel the advancement of the global surface treatment chemicals market. However, the rigorous environmental standards regarding the emission of hazardous compounds are anticipated to hinder market growth in the upcoming future.

Market Lifecycle Stage

The global surface treatment chemicals market is in the growth phase. Increased investment and research and development activities are expected to boost the market. Furthermore, due to high demand from the end-user industries and rising public concern, government regulations related to hazardous chromium component emissions are expected to increase the demand for eco-sustainable chemicals, thereby bolstering the global surface treatment chemicals market. Moreover, the global surface treatment chemicals market is expected to benefit from the growing implementation of chemicals over etchants, facilitating workflow, which promotes market expansion. The requirement for surface treatment chemicals is being stimulated by heavy machinery advancement as well.

Industrial Impact

• Surface treatment chemicals continue to improve the toughness, rust and weathering resistance, aesthetics, and durability of the materials to which they are applied. As a result, these materials are getting prominence in a variety of industries, including automotive, construction, aerospace, and electricals and electronics. One area where implementation has been significantly greater is the automotive industry, which has created opportunities for both existing market participants and market entrants.
• Furthermore, surface treatment chemicals have a moderate to high impact on end-user industries; however, in the upcoming future, with increased production of automotive, aerospace, and other applications, the impact is anticipated to increase.

Impact of COVID-19

COVID-19 had an immediate and significant impact on the global surface treatment chemicals market because of country-wide shutdowns of manufacturing sites, labor shortages, and disruptions in supply and demand chains globally, which distorted the market. The lockdowns imposed by the governments significantly reduced raw material productivity due to a shortage of operations in many regions throughout the world. The automotive, aerospace, and other end-user sectors have been in a slowdown for the last couple of years. The global demand for surface treatment chemicals has been severely impacted by these market downturns in the end-user industries. However, the market is anticipated to recover and is expected to rise gradually over the forecast period.

Market Segmentation:

Segmentation 1: by End User

• Automotive
• Construction
• Aerospace
• Electrical and Electronics
• Coil Industry
• Packaging Industry
• Others

The automotive segment is expected to be the largest among various end users during the forecast period (2022-2031).

Segmentation 2: by Base Material Type

• Metals
• Plastics
• Others

Among different base materials, metals are anticipated to lead the global surface treatment chemicals market during the forecast period (2022-2031).

Segmentation 3: by Chemical Type

• Corrosion Protection Chemicals
• Cleaners
• Anodizing Agents
• Passivating Agents
• Others

Among different chemical types, corrosion protection chemicals are anticipated to lead the market during the forecast period (2022-2031).

Segmentation 4: by Treatment Method

• Electroplating
• Chemical Treatment
• Thermal Spraying
• Hot Dipping
• Others

Among different treatment methods, electroplating is anticipated to lead the global surface treatment chemicals market during the forecast period (2022-2031).

Segmentation 5: by Region

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

Asia-Pacific and Japan is expected to lead the global surface treatment chemicals market throughout the forecast period, owing to rapidly increasing automobile demand and a rising prevalence of construction projects across various developing markets.

Recent Developments in the Global Surface Treatment Chemicals Market

• In September 2021, Henkel demonstrated advanced coating technologies for electric vehicle (EV) battery production and aluminum pre-treatment for automobile exteriors at SURCAR 2021. Aluminum’s strong protection against corrosion and thermoelectric conductance greatly enhance reprocessing. Henkel, a pioneer in adhesives, lubricants, and functional coatings for the automobile industry, facilitates a wider utilization of aluminum for enhanced quality, ecology, and operational effectiveness.
• In February 2022, PPG announced the acquisition of Arsonsisi, the powder coatings division. Arsonsisi is a prominent exporter of residential and commercial specialized powder coatings. The acquisition allows PPG to broaden its powder coatings portfolio in Europe, the Middle East, and Africa (EMEA). It also includes metallic bonding, one of the fastest expanding areas for powder coatings that are frequently utilized in specialized treatments for automobile, household, and general industrial uses.
• In October 2021, Aalberts Surface Technologies GmbH announced a complete collaboration with Hoeller Electrolyzer GmbH in the domain of extremely effective electrolyzer surface treatment. The collaboration’s objective was to substantially lower the expense of hydrogen generation while also increasing its accessibility. The extremely effective protracted coatings will be sprayed on in-line machines for massive yields in Lübeck, allowing Hoeller exposure to Europe’s constrained manufacturing capacity.

Demand – Drivers and Limitations

Following are the demand drivers for the global surface treatment chemicals market:

• Rapid Expansion of Several End-Use Industries across Major Regions
• Introduction of Surface Treatment Chemical to Minimize the Impact of Infections
• Increasing Adoption of Plating Process for Metal Industries

The market is expected to face some limitations as well due to the following challenges:

• Rigorous Environmental Standards Regarding the Emission of Hazardous Chromium Components
• Price Volatility of Surface Treatment Chemicals

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different chemical types, base material types, and treatment methods involved in the production of surface treatment corrosion protection chemicals, cleaners, anodizing agents, passivating agents, and others. Moreover, the study provides the reader with a detailed understanding of the global surface treatment chemicals market based on the end user (automotive, construction, aerospace, electricals and electronics, packaging industry, coil industry, and others). Surface treatment chemicals are gaining traction in end-user industries on the back of sustainability concerns and their corrosion-resistant properties. They are also being used to modify the surfaces of different components.

Growth/Marketing Strategy: The global surface treatment chemicals market has seen major development by key players operating in the market, such as business expansions, partnerships, collaborations, mergers and acquisitions, and joint ventures. The favored strategy for the companies has been product developments, business expansions, and acquisitions to strengthen their position in the global surface treatment chemicals market. For instance, in July 2022, Chemetall GmbH introduced Gardostrip, an exceptional alternative for Ford Valencia. Gardostrip technology is a highly practical paint cleaning method characterized by extracting paints and perhaps other natural coatings from metallic surfaces, including stainless or plated steel, without damaging the outer shield.

Competitive Strategy: Key players in the global surface treatment chemicals market analyzed and profiled in the study involve surface treatment chemical manufacturers and the overall ecosystem. Moreover, a detailed competitive benchmarking of the players operating in the global surface treatment chemicals 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, agreements, 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, analyzing company coverage, product portfolio, and market penetration.

The global surface treatment chemicals market has been segmented by different chemical types, among which corrosion protection chemicals captured around 38.6% of the market as of 2021. Other chemical types, including cleaners, accounted for around 20.4%, anodizing agents accounted for 16.4%, passivating agents accounted for 13.8%, and other chemical types accounted for 10.7% of the total demand in 2021 in terms of value.

Some of the prominent established names in this market are:

• Henkel AG & Co. KGaA
• Nippon Paint Holdings Co., Ltd.
• OC Oerlikon Management AG
• PPG Industries, Inc.
• Quaker Chemical Corporation
• The Sherwin-Williams Company
• Nihon Parkerizing Co., Ltd.
• ALANOD GmbH & Co. KG
• Bulk Chemicals Inc.
• Chemetall GmbH
• Aalberts Surface Technologies
• NOF CORPORATION
• Atotech
• JCU CORPORATION
• Element Solutions Inc
• Trion Coatings, LLC
• ChemTech Surface Finishing Pvt. Ltd.
• YUKEN Surface Technology, S.A. de C.V.
• IONICS

The post Surface Treatment Chemicals Market – A Global and Regional Analysis: Focus on End User, Chemical Type, Base Material Type, Treatment Method, and Region – Analysis and Forecast, 2022-2031 first appeared on CRI Report.