Electric Scooter Market to Reach $345.79 Billion and 255.71 million Units by 2030

 

Meticulous Research®—a leading global market research company, published a research report titled, ‘Electric Scooter Market by Vehicle Type (Electric Motorcycles, E-Kick scooters & Bikes, Electric Mopeds), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology, Motor Type, Charging Type, End-user - Global Forecasts to 2030.’

 

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The global electric scooter market is expected to reach $345.79 billion by 2030, at a CAGR of 21.6% during the forecast period from 2023 to 2030. By volume, this market is projected to reach 255.71 million units, at a CAGR of 17.5% during the forecast period. The growth of the electric scooter market is driven by the increasing localization of electric two-wheeler manufacturing in emerging economies, increasing consumer acceptance of electric two-wheelers, and growing adoption of E-PTWs (electric-powered two-wheelers) for personal mobility & leisure in developed economies.

 

However, inadequate initiatives by legacy two-wheeler manufacturers to invest in electric scooter and increasing incidents of accidents involving electric two-wheelers are restraining the growth of this market. The potential of electric two-wheelers to reduce traffic congestion and pollution in cities is expected to create market growth opportunities. However, the inadequate availability of charging infrastructure in emerging economies and the lack of standardized regulations related to ownership, registration, licensing, and use in traffic are major challenges for players operating in the electric scooter market.

 

The global electric scooter market is segmented by vehicle type, power output, battery technology, motor type, charging type, end use, and geography. The study also evaluates industry competitors and analyses the country and regional-level markets.

 

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Based on vehicle type, the electric scooter market is mainly segmented into electric motorcycles, e-kick scooters & bikes, and electric mopeds. By value, in 2023, the e-kick scooters & bikes segment is expected to account for the largest share of the global electric scooter market. The large market share of this segment is attributed to the incentives and infrastructure created by the governments for e-bikes in the Asia-Pacific region (especially in China, India, and Singapore). Other factors supporting the high market share of this segment include the perceived benefits of e-kick scooters & bikes in reducing congestion, accidents, noise pollution, greenhouse gases, and local air quality improvements, among others. However, the electric motorcycles segment is expected to register the highest CAGR during the forecast period.

 

Based on power output, the electric scooter market is segmented into less than 3.6kW, 3.6kW to 7.2kW, and 20kW to 100 kW. In 2023, the less than 3.6kW segment is expected to account for the largest share of the global electric scooter market. The large share of this segment is mainly attributed to the increasing adoption of e-scooters & bikes for urban commute and recreational activities, rising initiatives by government authorities for increasing adoption of e-scooters & bikes, and increasing investments by ride-hailing companies for deploying e-scooters & bikes for micromobility.

 

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Based on battery technology, the electric scooter market is segmented into sealed lead-acid, lithium-ion, and lithium-ion polymer. The lithium-ion segment is expected to account for the largest share of the electric scooter market in 2023. The large share of this segment is attributed to factors such as high energy densities of li-ion batteries, longer effective lifespan compared to other batteries available in the market and increasing investments by governments of emerging economies to localize li-ion battery manufacturing for EVs.

 

Based on motor type, the electric scooter market is segmented into hub and mid-drive motors. The hub motors segment is expected to account for the largest share of the electric scooter market in 2023. The large share of this segment is mainly attributed to factors such as increased power/speed, high torque, extended range per charge, and better vehicle handling due to lightweight design.

 

Based on end user, the electric scooter market is segmented into government institutions, academic institutes/universities, business organizations, micromobility service providers, and individuals. The business organizations segment is expected to account for the largest share of the electric scooter market in 2023. The large share of this segment is mainly attributed to the increasing government subsidies and support to promote electric mobility, increasing use of e-scooters & bikes by courier and e-commerce delivery personnel, and the growing implementation of mobility-as-a-service.

 

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Based on geography, the electric scooter market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the global electric scooter market. The large share of the Asia-Pacific region is attributed to the increasing adoption of electric mopeds in emerging economies such as India, the presence of industry-leading electric mopeds and electric motorcycle manufacturers in the region, the high popularity of two-wheelers for personal mobility and short commutes, increasing initiatives by governments in countries such as Thailand and Indonesia to drive adoption of electric mopeds and motorcycles in their respective countries.

 

Key Players

 

The key players operating in the global electric scooter market are Fuji-Ta Bicycle Co., Ltd. (China), Trek Bicycle Corporation (U.S.), Yamaha Motor Co., Ltd. (Japan), Yadea Group Holdings Ltd. (China), Riese & Müller GmbH (Germany), Leon Cycles (Germany), Niu Technologies (China), Walberg Urban Electrics GmbH (Germany), myStromer AG (Switzerland), Magnum Bikes (U.S.), Pedego Inc. (U.S.), Aventon Bikes (U.S.), Govecs AG (Germany), Zhejiang Minimotors Bike Co Ltd (China), Zero Motorcycle Inc. (U.S.), Gogoro Inc. (Taiwan), Ather Energy Pvt. Ltd (India), Energica Motor Company (Italy), Revolt Motors (India), Hero MotoCorp Ltd. (India), and Rad Power Bikes Inc. (U.S.).

 

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Related Research Report

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Agricultural Micronutrients Market to be Worth $13.35 Billion by 2030

 

Meticulous Research®—a leading global market research company, published a research report titled, ‘Agricultural Micronutrients Market by Type (Zinc, Iron, Copper, Molybdenum), Crop Type (Cereals and Grains, Fruits and Vegetables), Form (Non-chelated, Chelated), Mode of Application (Soil, Foliar, Fertigation, Seed Treatment) - Global Forecast to 2030.’

 

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According to this latest publication from Meticulous Research®, the agricultural micronutrients market is projected to reach $13.35 billion by 2030, at a CAGR of 8.4% from 2023 to 2030. The growth of this market is driven by the growing population and rising food insecurity, declining arable land, rising micronutrient deficiency in the soil, and positive outlook of government policies and various organizations encouraging the use of micronutrients. However, the lack of awareness among farmers restrains the growth of this market. Additionally, the sustainable sourcing of raw materials is a challenge for the growth of this market. The growing contract farming is expected to create growth opportunities for the players operating in this market. Additionally, the emergence of nanotechnology in micronutrient fertilization is a major trend in the global agricultural micronutrients market.

 

The global agricultural micronutrients market is segmented by type, crop type, form, mode of application, and geography.

 

Based on type, in 2023, the zinc segment is expected to account for the largest share of the global agricultural micronutrients market. The large market share of this segment is mainly driven by the rising awareness of the wide range of functions that zinc plays in plant growth and its deficiency in soils around the world, the rising need to tackle food security challenges, and the rising demand for zinc nutritious food products due to multiple health benefits. Moreover, the increasing government initiatives globally to enhance zinc concentrate in the soil to increase quantitative and qualitative crop yield further support the growth of this segment.

 

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Based on crop type, in 2023, the cereals & grains segment is expected to account for the largest share of the global agricultural micronutrients market. The large market share of this segment is attributed to the rising demand for food grains due to the growing population, increasing industrial application of cereals & grains, and huge production of staple crops such as wheat, maize, rice, and barley, which form the primary food source for a major population of the world.

 

Based on form, the chelated micronutrients segment is projected to record the higher CAGR during the forecast period due to its high stability over the non-chelated micronutrients, the growing need to increase micronutrient utilization efficiency, and the development and application of new generations of chelates.

 

Based on mode of application, in 2023, the soil treatment application segment is expected to account for the largest share of the global agricultural micronutrients market. Soil treatment is the most widely used application compared to other modes of application and is easy and cost-effective. Moreover, this segment is projected to register the highest CAGR during the forecast period. The growth of this market is driven by the rampant use of traditional agriculture methods in the current farming system, the presence of very limited resources, and the lower adoption of advanced fertilizer application methods.

 

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Based on geography, in 2023, Asia-Pacific accounted for the largest share of the global agricultural micronutrients market. The large market share of this segment is mainly attributed to the huge area under crop cultivation, growing population, increasing demand for high-quality food, and rising focus on agricultural micronutrients to improve crop productivity and crop yield in emerging economies like China and India. Additionally, the increasing agricultural practices and the necessity of high-quality agricultural produce are anticipated to further support the growth of this market. Moreover, this region is projected to register the highest CAGR during the forecast period due to the vast depletion of arable land, rising micronutrient deficiency in soil and a huge area of infertile soil, and the increasing government support for the fertilizer industry.

 

The key players operating in the global agricultural micronutrients market are AgroLiquid (U.S.), Aries Agro Limited (India), BASF SE (Germany), BMS Micro-Nutrients NV (Belgium), Coromandel International Limited (India), Haifa Group (Israel), Helena Agri-Enterprises, LLC (U.S.), Koch Industries, Inc. (U.S.), Nouryon (Netherlands), Nufarm Limited (Australia), Nutrien Ltd. (Canada), The Mosaic Company (U.S.), VALAGRO S.P.A (Part of Syngenta AG) (Italy), and Yara International ASA (Norway).

 

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Protein Expression Market to be Worth $5 Billion by 2030

 

Meticulous Research®—a leading global market research company, published a research report titled, ‘Protein Expression Market by System (Mammalian [CHO, HEK 293], Non-mammalian [Bacterial, Insect, Yeast]), Offering (Kits & Reagents, Vectors, Competent Cells, Services), Application (Industrial, Therapeutic, Research), and End User - Global Forecast to 2030.’

 

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According to this latest publication from Meticulous Research®, the protein expression market is projected to reach $5 billion by 2030, at a CAGR of 7.6% during the forecast period. The increasing biopharmaceutical market, growing demand for recombinant proteins, increasing cell-based research, growing number of chronic diseases, improvements in molecular & cellular technology to speed up bioproduction, and rising government initiatives and funding for life science research are driving the growth of this market. Furthermore, the potential emerging economies and the emergence of POC technology are expected to offer significant growth opportunities for the protein expression market.

 

However, the high cost of protein-based research and the lack of skilled professionals is expected to restrain the growth of this market. Additionally, complexities in laboratory transformation parameters are challenging the growth of this market.

 

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Protein Expression Market: Future Outlook

 

The protein expression market is segmented based on System Type [Mammalian Cell Expression System (Chinese Hamster Cell Lines, HEK 293 Cell Lines, and Others), Non-mammalian Cell Expression System (Bacterial Cell Lines, Insect Cell Lines, Yeast Cell Lines, Plant Cell Lines, and Algal-based Cell Lines), Cell-free Expression System], Product & Services [Instruments, Kits & Reagents, Competent Cells (Chemically Competent Cells and Electrocompetent Cells), Expression Vectors, and Services], Application (Therapeutic, Industrial, and Research), End User (Pharmaceutical and Biotechnology Industry, Academic and Research Institutes, and Contract Research organizations), and Geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

 

Among the system type, in 2023, the mammalian cell expression system segment is expected to account for the largest share of the protein expression market. The large market share of this segment is attributed to wide acceptance due to their resemblance with human physiology, thereby reducing efforts for post-translational modification and cross-contamination. Also, increasing cell-based and therapeutic protein production, low cost & ease of use of mammalian expression system supported the share.

 

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Based on product and services, the protein expression market is segmented into Instruments, Kits & Reagents, Competent Cells, Expression Vectors, and Services. In 2023, the kits and reagents segment is expected to account for the largest share of the recombinant coagulation factors market. The growth of this segment is attributed to its repetitive use. Moreover, the increasing number of protein-based research and the continuous need for transfection, correct folding of proteins in research, and expanding biopharma market supported the growth.

 

Based on application, the protein expression market is segmented into therapeutic, industrial, and research. In 2023, the therapeutic segment is expected to account for the largest share of this market. The large share of this segment is attributed to the growing development of therapeutic protein-based research and government initiatives for reducing lengthy approval time.

 

Based on end user, the protein expression market is segmented into pharmaceutical and biotechnology industry, academic and research institutes, and contract research organizations. In 2023, the pharmaceutical and biotechnology industry segment is expected to account for the largest share of this market. The large share of the pharmaceutical and biotechnology industry segment is attributed to the rising proteomics research and companies' participation in recombinant protein production due to the government's focus on reducing approval time.

 

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Geographic Review

 

This research report analyzes major geographies and provides comprehensive market insights into North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America and the Middle East & Africa.

 

In 2023, North America is expected to account for the largest share of the protein expression market, followed by Europe and Asia-Pacific. Furthermore, in 2023, the U.S. is expected to account for the largest share of the North America market. The large share of this market is attributed to the high R&D expenditure and presence of key market players.

 

Key Players

 

The key players operating in the protein expression market are Thermo Fisher Scientific Inc. (U.S.), Promega Corporation (U.S.), Merck KGaA (Germany), Bio-Rad Laboratories, Inc. (U.S.), Takara Holdings Inc. (Japan), GenScript Biotech Corporation (U.S.), Qiagen N.V. (Germany), Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), and BECTON, DICKINSON AND COMPANY (U.S.).

 

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Microbubbles/Ultrasound Contrast Agents Market to be Worth $1.95 Billion by 2030

 

Meticulous Research®—a leading market research company, published a research report titled, ‘Microbubbles/Ultrasound Contrast Agents Market by Application (Diagnostic Imaging [Cardiovascular, Renal, Abdominal, Breast] Therapeutics) Type (Lipid, Protein, Polymer) End User (Hospitals & Clinics, Diagnostics Laboratories) - Global Forecast to 2030.’

 

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According to this latest publication from Meticulous Research®, the microbubbles/ultrasound contrast agents market is projected to reach $1.95 billion by 2030, at a CAGR of 15.2% from 2023 to 2030. The aging population, coupled with the rising prevalence of chronic diseases, technological advancements in ultrasound imaging technologies, high demand for image & diagnostics-guided procedures, and favourable reimbursement policies for contrast-enhanced procedures, are driving the growth of this market. In addition, increasing microbubbles/ultrasound contrast agents-related research activities will likely offer growth opportunities for the market. However, the complexity involved in contrast-enhanced ultrasound (CEUS) is expected to restrain the market's growth to some extent.

 

The key players profiled in the microbubbles/ultrasound contrast agents market report are Lantheus Holdings, Inc. (U.S.), GE HealthCare Technologies Inc. (U.S.), Bracco S.p.A. (Italy), Bristol-Myers Squibb Company (U.S.), Daiichi Sankyo Company, Limited (Japan), nanoPET Pharma GmbH (Germany), Leriva (Greece), Siemens Healthineers AG (Germany), Bayer AG (Germany), and Fujifilm Holdings Corporation (Japan).

 

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The microbubbles/ultrasound contrast agents market is segmented by type [lipid microbubbles, protein microbubbles, polymer microbubbles], application [diagnostics imaging {cardiovascular imaging, renal imaging, abdominal imaging, breast imaging, other diagnostics imaging applications}, therapeutic applications], end user (hospitals & clinics, diagnostics laboratories, other end users], and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).

 

Based on type, in 2023, the lipid microbubbles segment is expected to account for the largest share of the microbubbles/ultrasound contrast agents market. Lipid-based microbubbles represent a new class of agents with diagnostic and therapeutic applications. Stabilizing lipid-based microbubbles creates low-density particles with unusual properties for diagnostic imaging and drug delivery. Due to their advantages, research studies are also carried out to widen their therapeutic applications, such as tumor-targeted therapy, brain-targeted therapy, and immunotherapy. This further contributes to the segment's largest share.

 

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Based on application, the microbubbles/ultrasound contrast agents market is segmented into diagnostics imaging and therapeutics. The diagnostics imaging is further segmented into cardiovascular imaging, renal imaging, abdominal imaging, and breast imaging. The diagnostics segment is expected to account for the largest share of the microbubbles/ultrasound contrast agents market in 2023. The large market share of this segment is attributed to the increase in demand for radiation-free and non-invasive diagnostic modalities for testing various disorders, including cardiovascular, breast, and abdominal conditions.

 

Based on end user, in 2023, the hospitals & clinics segment is expected to account for the largest share of the microbubbles/ultrasound contrast agents market. The large market share of the segment is attributed to the rise in the number of hospital admissions owing to the significant rise in spending on health, the rising number of healthcare facilities in emerging countries, and the well-established infrastructure of hospitals and clinics.

 

Based on geography, in 2023, North America is expected to account for the largest share of the microbubbles/ultrasound contrast agents market. The rising demand for imaging and diagnostics-guided procedures, the presence of several key market players, and advanced healthcare systems in North America support the large share of this market.

 

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Transit Packaging Market to Be Worth $152.7 Billion by 2030

 

Meticulous Research®— leading global market research company, published a research report titled,' Transit Packaging Market by Type (Primary Packaging, Secondary Packaging, Tertiary Packaging, Ancillary Packaging), Sector (Food & Beverage, Pharmaceuticals, Retail & E-Commerce), and Geography - Global Forecast to 2030.'

 

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According to this latest publication from Meticulous Research®, the transit packaging market is projected to reach $152.7 billion by 2030, at a CAGR of 5.8% from 2023–2030. The growth of the transit packaging market is driven by the rapid growth of the e-commerce sector, the surging use of transit packaging in the food & beverage sector, the growing adoption of corrugated boxes across various sectors, and the increasing demand for transit packaging in the pharmaceuticals sector. However, the increasing overall packaging costs due to dynamic regulatory policies restrain the growth of the transit packaging market. The growing need for eco-friendly packaging solutions and the rising demand for customized packaging are expected to create market growth opportunities. However, additional distribution channel costs are a major challenge for the players operating in this market. The internet of packaging and digital printing are the latest trends in the transit packaging market.

 

The transit packaging market is segmented by type (primary packaging [pouches, bags & sacks, cartons, foils, laminates, and wraps], secondary packaging [crates, trays], tertiary packaging [fiber boards, containers, pallets], ancillary packaging [printing & labeling, straps & tapes, cushioning material]), and sector (food & beverage, retail & e-commerce, paints & chemicals, building & construction, pharmaceuticals, electricals & electronics, automotive, industrial machinery & equipment, and other sectors). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

 

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Based on type, the transit packaging market is segmented into primary packaging, secondary packaging, tertiary packaging, and ancillary packaging. In 2023, the primary packaging segment is expected to account for the largest share of the transit packaging market. The large market share of this segment is attributed to the rising need to protect and preserve finished products, the growing e-commerce sector, and the rising demand for primary packaging in the food & beverage and pharmaceutical sectors. In addition, the benefits offered by primary packaging solutions, such as convenience, easy handling, proper display, safety, and stacking, further support the growth of this segment.

 

However, the secondary packaging segment is slated to register the highest CAGR during the forecast period. The growing demand for eco-friendly packaging solutions, the rising need for the safe transportation of products, and the rising demand for customized packaging are expected to support the rapid growth of this segment.

 

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Based on sector, the transit packaging market is segmented into food & beverage, retail & e-commerce, paints & chemicals, building & construction, pharmaceuticals, electricals & electronics, automotive, industrial machinery & equipment, and other sectors. In 2023, the food & beverage segment is expected to account for the largest share of the transit packaging market. The large market share of this segment is attributed to the rising demand for convenient and sustainable packaging solutions, the growth of the packaged foods industry in emerging economies, the increasing need to extend the shelf life of F&B products, and the increasing demand for hygienic food packaging.

 

However, the pharmaceuticals segment is slated to register the highest CAGR during the forecast period. The rising demand for drug delivery devices and blister packaging, growing consumer awareness regarding healthier lifestyles. rising demand for primary pharmaceutical packaging, and growing healthcare expenditures in emerging economies are expected to support the growth of this segment.

 

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Based on geography, the transit packaging market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the transit packaging market. The region’s large market share is attributed to the surging use of transit packaging in the region’s food & beverage sector, the growing need for eco-friendly packaging solutions, and the presence of prominent players in the region. Also, leading players are undertaking initiatives to drive the growth of the transit packaging market. For instance, in December 2022, Amcor plc (Switzerland) opened its new state-of-the-art manufacturing plant in Huizhou, China. With an investment of almost $100 million, the 590,000-square-foot plant is the largest flexible packaging plant (by production capacity) in China. [AD1]

 

Moreover, Asia-Pacific is expected to record the highest growth rate during the forecast period. The rapid growth of this regional market is attributed to the growth in regional economies and the expanding e-commerce sector, especially in China, Japan, South Korea, and India.

 

Key Players:

 

The key players operating in the transit packaging market are WestRock Company (U.S.), International Paper (U.S.) Greif, Inc. (U.S.), Sonoco Products Company (U.S.), Mondi Group plc (U.K.), Smurfit Kappa Group plc (Ireland), DS Smith Plc (U.K.), Packaging Corporation of America (U.S.), Crown Holdings, Inc. (U.S.), Nefab Group AB (Sweden), Corplex (France), Smithpack Limited (U.K.), STI-Gustav Stabernack GmbH (Germany), GWP Group (U.K.), and Eltete TPM Ltd (Finland).

 

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Dental 3D Printing Market to be Worth $13.4 Billion by 2030

 Meticulous Research®—a leading market research company, published a research report titled, ‘Dental 3D Printing Market by Product (Service, Printer, Scanner), Technology (Polyjet, Fused Deposition Modeling, SLS), Material (Polymers, Metals, Ceramics), Application (Orthodontics, Prosthodontics, Implantology), End User - Global Forecast to 2030.'

 

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According to this latest publication from Meticulous Research®, the dental 3D printing market is projected to reach $13.4 billion by 2030, at a CAGR of 20.9% from 2023 to 2030. The growth of this market is driven by the increasing adoption of 3D printing in dentistry, technological advancements, and the rising prevalence of dental diseases. In addition, the rising adoption of CAD/CAM technology and increased use of resins for dental 3D printing are offering opportunities for market growth opportunities. However, the high costs of 3D printers are hindering the growth of this market.

 

The dental 3D printing market is segmented by product (services, systems [dental 3d printers, dental 3d scanners], accessories), technology (vat photopolymerization, polyjet technology, fused deposition modeling, selective laser sintering, and other technologies), material (dental polymers [resins, thermoplastics, and other dental polymers], metals, ceramics [zirconia, alumina, and other ceramics], plastics, and other materials), application (prosthodontics, orthodontics, implantology, and other applications), end user (dental laboratories, dental hospitals & clinics, and academic & research institutes), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).

 

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Based on offering, in 2023, the services segment is expected to account for the largest share of the market. The number of dental 3D printing service providers has increased over the years. Dental 3D printing services provide advantages such as high turnaround time, low cost, high precision, and accuracy in dental practices. The large market share of this segment is attributed to the trend of outsourcing dental designing.

 

Based on technology, in 2023, the vat photopolymerization segment is expected to account for the largest share of the dental 3D printing market. Vat photopolymerization is a highly preferred dental 3D printing technology that creates dental implants at high speed and high resolution. It is an additive manufacturing technology that is fast, accurate, and used for printing highly customized prototypes. The use of this technology is the highest in dental 3D printing as the manufacturing of dental orthotics, prosthetics, and implants are highly customizable.

 

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Based on materials, the dental 3D printing market is segmented into dental polymers, metals, ceramics, plastics, and other materials.  The dental polymer segment is further segmented into resins, thermoplastics, and other dental polymers. The resins segment is projected to register the highest CAGR over the forecast period. The use of dental polymeric resins is growing for replacing and restoring tooth structure. These polymeric resins can bond with other resins such as composite resins and restorative materials like amalgam. The bonding of these resins is used to improve several problems, such as gaps or cracks between teeth, cavities/tooth decay, crooked teeth and discoloration. Hence, the adoption of resins is growing due to their high translucency, high compressive strength, and ease of application.

 

Based on application, the orthodontics segment is projected to register the highest CAGR over the forecast period. The adoption of 3D printing is rapidly growing in orthodontic practices due to the technological advancements in orthodontic devices and subsequent use of 3D printing in orthodontics, supporting the growth of this segment.

 

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Based on end user, in 2023, the dental laboratories segment is expected to account for the largest share of the dental 3D printing market. The low production costs allow the high adoption of new advanced technologies like additive manufacturing in the dental labs, higher demand for dental framing solutions which can be easily customized or fabricated, supports the large market share of this segment.

 

Based on geography, in 2023, North America is expected to account for the largest share of the dental 3D printing market. The presence of several leading market players, accessibility to cavity/tooth decay treatments, high adoption of 3D printing technologies, and high burden of the aging population in North America with edentulism are the factors supporting the large share of this market.

 

Key Players

 

The key players profiled in the dental 3D printing market report are 3D Systems Corporation (U.S.), DENTSPLY SIRONA Inc. (U.S.), Stratasys Ltd. (Israel), Straumann Holding Ag  (U.S.), Shandong Huge Dental Materials Corporation (China), Ultradent Products, Inc. (U.S.), SLM Solutions Group AG (Germany), Formlabs Inc. (U.S.), (Desktop Metal, Inc. ) a subsidiary of EnvisionTec Inc. (U.S.), Keystone Industries (U.S.), 3M Company (U.S.), and DWS S.r.l. (Italy).

 

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Clinical Lab Automation Market to be Worth $3.72 Billion by 2030

 Meticulous Research®—a leading global market research company, published a research report titled, ‘Clinical Lab Automation Market by Product (Liquid Handling, Nucleic Acid Purification System, Microplate Reader, Automated ELISA, Software), End User (Hospital Laboratories, Diagnostic Laboratories) – Global Forecast to 2030.’

 

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According to this latest publication from Meticulous Research®, the global clinical lab automation market is projected to reach $3.72 billion by 2030, at a CAGR of 7.8%. The growth of this market can be attributed to the rising global geriatric population, the increasing prevalence of infectious diseases, and technological advancements in clinical laboratory instruments. However, the high costs of advanced clinical lab automation equipment, coupled with funding and infrastructure limitations in developing countries, restrain the growth of this market.

 

Furthermore, the increasing demand for automated instruments, technological advancements in molecular diagnostics, and emerging economies are expected to create market growth opportunities. However, factors such as high equipment maintenance and repair costs and concerns over the security and privacy of patient data pose challenges for the market’s growth.

 

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Key Players

 

The key players profiled in the clinical lab automation market report are Thermo Fisher Scientific, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Danaher Corporation (U.S.), Revvity, Inc. (Formerly known as PerkinElmer, Inc.) (U.S.), F. Hoffmann-La Roche AG (Switzerland), Agilent Technologies, Inc. (U.S.), Waters Corporation (U.S.), Tecan Group Ltd. (Switzerland), Siemens Healthineers AG (Germany), Becton, Dickinson, and Company (U.S.), Abbott Laboratories (U.S.), Hudson Robotics, Inc. (U.S.), and Hamilton Company (U.S.).

 

The global clinical lab automation market is segmented by Product (systems {automated liquid handling systems, automated ELISA systems, automated nucleic acid purification systems, automated microplate readers, and other systems} and clinical lab automation software), End user (hospital laboratories, diagnostic laboratories, and other end users), and Geography. The study also evaluates industry competitors and analyzes their market share at the global and regional levels.

 

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Based on product, in 2023, the systems segment is expected to account for the largest share of the market. The large market share of this segment is attributed to the benefits of clinical lab automation systems, which facilitate procedures without manual intervention, enhancing laboratory testing capabilities. These systems mitigate repetitive tasks and errors, resulting in increased throughput and efficiency, ultimately improving the quality of test results.

 

Based on end user, in 2023, the hospital laboratories segment is expected to account for the largest share of the market. The large share of the segment is attributed to factors such as rising healthcare expenditure, increasing prevalence of chronic diseases, increasing sample loads in hospitals, and improving healthcare infrastructure in developing countries.

 

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Geographic Review

 

This research report analyzes major geographies and provides a comprehensive analysis of the market in North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America and the Middle East & Africa. In 2022, North America is expected to account for the largest share of the clinical lab automation market, followed by Europe. However, Asia Pacific is slated to register the largest CAGR during the forecast period. The growth of this market is primarily driven by the increasing investment by healthcare providers towards infrastructure improvement, the need to manage the growing burden of infectious diseases, the rising demand for clinical testing, supportive government initiatives to improve the accessibility to diagnostic services, and the need to establish more diagnostic laboratories.

 

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Fruit and Vegetable Ingredients Market to Reach $294.5 Billion by 2030

 Meticulous Research®—a leading global market research company, published a research report titled, ‘Fruit and Vegetable Ingredients Market by Category (Fruit, Vegetable), Type (Pieces, Powders, Concentrates, Purees, Paste), Nature (Organic, Conventional), and Application (Beverages, Bakery, Dairy, Soups, Sauces, Savory) - Global Forecast to 2030’.

 

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According to this latest publication from Meticulous Research®, the global fruit and vegetable ingredients market is projected to reach $294.5 billion by 2030, at a CAGR of 5.5% from 2023 to 2030. The growth of the fruit and vegetable ingredients market is mainly attributed to the growing demand for natural ingredients, the wide range of benefits of fruits & vegetable ingredients in the food & beverage industry, and the rising demand for RTE & RTD products. Furthermore, growing demand for functional food products and emerging economies are expected to create market growth opportunities. However, fluctuating raw material prices and problems associated with storage and material handling hinder the growth of this market to some extent.

 

The fruit and vegetable ingredients market is segmented by category (fruit ingredients and vegetable ingredients), type (concentrates, pieces & powders, NFC juices, paste & purees, and other types), nature (organic and conventional), application (beverages, bakery & confectionery products, dairy products, soups & sauces and savory & prepared food products, and other products), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at regional and country levels.

 

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Among all the categories studied in this report, the fruit ingredients segment is expected to account for the largest share of the global fruit and vegetable ingredients market in 2023. The large market share of this segment is attributed to factors such as the ease and widened adoption in various applications, low cost, and easy availability in various forms.

 

Among all the types studied in this report, the concentrates segment is expected to dominate the global fruit and vegetable ingredients market. The dominant position of this segment is mainly attributed to high adaptability in beverages and other applications offering a favorable taste, flavor, improved quality, and convenience. Also, minimized costs and limited logistical hassles support the growth of this segment.

 

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Among all the natures studied in this report, the organic segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to factors such as increasing demand for organic food and beverages, the growing trend of sustainable & natural food, and rising awareness about clean-label products. Additionally, organic ingredients are perceived to be safer and healthier as they are free from any chemicals and pesticides, which further supports the growth of this segment.

 

Among all the applications studied in this report, the beverages segment is expected to dominate the global fruit and vegetable ingredients market. The large share of this segment is mainly attributed to the growing awareness of health benefits related to natural flavors in beverages, new product development & launches of beverages, rising demand for organic beverages, and growing popularity of flavored soft drinks. Also, the growing demand for health and sports drinks with enhanced nutritional value is expected to support the growth of this segment.

 

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Among all the regions studied in this report, in 2023, Europe is expected to account for the largest share of the fruit and vegetable ingredients market. The large market share of this region is attributed to factors like rising consumer demand for healthier and natural products, growing consumption of ready-to-eat food and beverage products with high nutritional value, and growing health and wellness concerns. Also, product launches with free-from, organic, and clean-label claims further augment the growth of this region.

 

Key Players

 

The global fruit and vegetable ingredients market is characterized by a moderately competitive scenario due to many large and small-sized global, regional, and local players. The key players operating in the global fruit and vegetable ingredients market are Archer-Daniels-Midland Company (U.S.), Olam International Limited (Singapore), Cargill, Incorporated (U.S.), AGRANA Beteiligungs-AG (Austria), Hans Zipperle AG/S.p.A. (Italy), Döhler GmbH (Germany), Ingredion Incorporated (U.S.), SunOpta (U.S.), SVZ International BV (Netherlands), and KangMed, Inc. (China).

 

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Bioinformatics Market to Reach $27.98 Billion by 2030

 

Meticulous Research®—a leading global market research company, published a research report titled ‘Bioinformatics Market by Solutions & Services (Knowledge Management, Platforms, Sequence Analysis, Services, Data Analysis), Application (Genomics, Metabolomics, Transcriptomics), Industry (Healthcare, Veterinary, Agriculture) Global Forecast to 2030’.

 

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According to this latest publication from Meticulous Research®, the bioinformatics market is expected to grow at a CAGR of 13.3% from 2023 to reach $27.98 billion by 2030. The growth of this market is driven by the growth of the biotech and pharmaceutical industries, initiatives supporting genomics research, and the rising need to develop novel drugs/drug molecules. However, interoperability limitations in bioinformatics analytical platforms due to multiple data types restrain the growth of this market.

 

Furthermore, untapped markets in emerging economies, growing clinical applications of genomic technologies, and the increasing use of bioinformatics in agriculture are expected to generate growth opportunities for the players operating in this market. However, data privacy and confidentiality concerns and the shortage of skilled bioinformaticians are major challenges for market stakeholders.

 

Key Players

The key players operating in the bioinformatics market are Illumina, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), Qiagen N.V. (Netherlands), Agilent Technologies, Inc. (U.S.), Dassault Systèmes SE (France), Eurofins Genomic LLC (Germany), Revvity, Inc. (U.S.), Azenta, Inc. (U.S.), and DNAnexus, Inc. (U.S.).

 

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Bioinformatics market: Future Outlook

The global bioinformatics market is segmented by solutions & services (knowledge management software, bioinformatics platforms [sequence analysis & alignment platforms, functional & structural analysis platforms, and other bioinformatics platforms], services [data storage & database management services and data analysis services]), application (genomics, chemoinformatics, proteomics, transcriptomics, metabolomics and other applications), industry (healthcare, veterinary, agriculture and other industries), and geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

 

Based on solutions & services, the bioinformatics market is segmented into knowledge management software, bioinformatics platforms, and services. In 2023, the knowledge management software segment is expected to account for the largest share of the market. Expanding genomic datasets, growing adoption of precision medicine, growing investments in pharmaceutical R&D, and growing research in the application of genomics for several fields, including agriculture, clinical decision-making, predictive medicine, and advances in knowledge management software, support a large share of the segment. Artificial intelligence (AI) and machine learning (ML) technologies are being readily used in bioinformatics, including in knowledge management software. Through techniques like data mining and AI-driven analytics, these software solutions can identify intricate patterns, correlations, and new insights within vast datasets.

 

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Based on application, the bioinformatics market is segmented into genomics, chemoinformatics, proteomics, transcriptomics, metabolomics, and other applications. The proteomics segment is expected to grow at the fastest CAGR during the forecast period. The importance of proteomics in studying cancer, neurodegenerative disorders, and metabolic diseases is associated with alterations in protein expression, function, and interactions, the growing prevalence of diseases globally, growing research in the field of proteomics, and initiatives for the identification of new protein biomarkers drive the segment growth. For instance, in 2023, researchers from the National Institute on Aging and Johns Hopkins University School of Medicine (U.S.) examined the link between the proteins and dementia risk in nearly 11,000 adults aged between 45 to 65. It was found that 32 proteins that may be responsible for the early onset of dementia could be used to predict the disease earlier in life.

 

Based on industry, the bioinformatics market is segmented into healthcare, agriculture, veterinary, and other industries. In 2023, the healthcare segment is expected to account for the largest share of the market. This large share is attributed to the high expenditure on research and development of new drugs and biologics by pharma and biotech, the high burden of chronic diseases globally, and the growing adoption of precision medicine. Precision medicine is an emerging approach to patient care. Physicians choose a treatment method based on the patient's genetic makeup (also considering genetic changes resulting from a disease) and lifestyle habits. It is an emerging disease treatment and prevention approach that considers individual variability in genes, environment, and lifestyle. Due to the major advantages offered by precision medicine, there has been an increasing adoption of personalized medicine, leading to increased approvals for the same. For instance, in 2021, approvals for personalized medicine increased to 35% of total new molecular and cell-based therapies compared to 25% in 2019.

 

Geographic Review

 

This research report analyzes major geographies and provides a comprehensive analysis of the bioinformatics market in North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and RoE), Asia-Pacific (Japan, China, India, and RoAPAC), Latin America (Brazil Mexico, and RoLATAM), and the Middle East & Africa. North America is expected to dominate the bioinformatics market in 2023, followed by Europe and Asia-Pacific. Favorable government initiatives for genomics research, growing applications of genomic research, declining cost of sequencing, increasing research investments by pharmaceutical and biopharmaceutical companies, and the growing adoption of precision cancer medicine supported by the increasing cancer prevalence are expected to support North America’s largest share.

 

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Oncology Information Systems Market to be Worth $4.45 Billion by 2030

 

Meticulous Research®—a leading global market research company, published a research report titled, ‘Oncology Information Systems Market by Offering (Software {Patient Information, Treatment Planning} Services) Application (Medical, Surgical, Radiology Oncology) End User (Hospital, Diagnostic Imaging Center, Cancer Care Center) - Global Forecast to 2030.’

 

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According to this latest publication from Meticulous Research®, the oncology information systems market is projected to reach $4.45 billion by 2030, at a CAGR of 7.4% from 2023 to 2030. The growth of this market is driven by the increasing prevalence of cancer, rising digitalization in cancer treatment, rising need to reduce oncology care costs, increasing adoption of electronic health records (EHR), and increased demand for streamlined patient information and data management. In addition, the integration of precision medicine for cancer treatment and its potential in emerging countries are expected to provide significant growth opportunities for this market.

 

However, the high cost of oncology information systems and data security & privacy concerns are expected to restrain the growth of this market to a certain extent. In addition, factors such as barriers to adoption and implementation and additional requirement for training and education for using oncology information systems pose major challenges to the market’s growth.

 

Key Players

 

The key players operating in the oncology information systems market are Accuray Incorporated (U.S.), Brainlab AG (Germany), DOSIsoft SA (France), Elekta AB (Sweden), Koninklijke Philips N.V. (Netherlands), MIM Software Inc. (U.S.), Oracle Corporation (U.S.), Prowess Inc. (U.S.), RaySearch Laboratories (Sweden), Siemens Healthcare GmbH (Germany), McKesson Corporation (U.S.), Altai, Inc (Turkey), and ViewRay Inc. (U.S.).

 

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Oncology Information Systems Market: Future Outlook

 

The oncology information systems market is segmented by offering, application, end user, and geography. The study also evaluates industry competitors and analyzes the country and regional–level markets.

 

Among the offerings studied in this report, in 2023, the software segment is expected to account for the largest share of the oncology information systems market. The large market share of this segment is attributed to factors such as higher adoption of software solutions by the hospitals, the rising need for managing cancer-related data, and its benefits such as optimizing treatment planning & delivery.

 

Among all the applications, in 2023, the medical oncology segment is expected to account for the largest share of the oncology information systems market. The large market share of this segment is attributed to the large patient population receiving medical oncology care and the benefits of oncology information systems in managing departmental, administrative, and clinical activities in medical oncology.

 

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In 2023, the hospitals segment is expected to account for the largest share of the oncology information systems market, by end user. The large market share of this segment is attributed to the increased adoption of digital solutions, including oncology information systems in hospitals, the increased awareness about its benefits among healthcare professionals, and the rising patient population.

 

Geographic Review

 

This research report analyzes the market across major regions and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, the U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (Japan, China, India, and the Rest of Asia-Pacific), Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the oncology information systems market, followed by Europe and Asia-Pacific. North America’s major market share is attributed to the advanced healthcare infrastructure in the region, higher acceptance of advanced technologies, and the high number of cancer patients.

 

 

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Fruit and Vegetable Ingredients Market to Reach $294.5 Billion by 2030

 

Meticulous Research®—a leading global market research company, published a research report titled, ‘Fruit and Vegetable Ingredients Market by Category (Fruit, Vegetable), Type (Pieces, Powders, Concentrates, Purees, Paste), Nature (Organic, Conventional), and Application (Beverages, Bakery, Dairy, Soups, Sauces, Savory) - Global Forecast to 2030’.

 

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According to this latest publication from Meticulous Research®, the global fruit and vegetable ingredients market is projected to reach $294.5 billion by 2030, at a CAGR of 5.5% from 2023 to 2030. The growth of the fruit and vegetable ingredients market is mainly attributed to the growing demand for natural ingredients, the wide range of benefits of fruits & vegetable ingredients in the food & beverage industry, and the rising demand for RTE & RTD products. Furthermore, growing demand for functional food products and emerging economies are expected to create market growth opportunities. However, fluctuating raw material prices and problems associated with storage and material handling hinder the growth of this market to some extent.

 

The fruit and vegetable ingredients market is segmented by category (fruit ingredients and vegetable ingredients), type (concentrates, pieces & powders, NFC juices, paste & purees, and other types), nature (organic and conventional), application (beverages, bakery & confectionery products, dairy products, soups & sauces and savory & prepared food products, and other products), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at regional and country levels.

 

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Among all the categories studied in this report, the fruit ingredients segment is expected to account for the largest share of the global fruit and vegetable ingredients market in 2023. The large market share of this segment is attributed to factors such as the ease and widened adoption in various applications, low cost, and easy availability in various forms.

 

Among all the types studied in this report, the concentrates segment is expected to dominate the global fruit and vegetable ingredients market. The dominant position of this segment is mainly attributed to high adaptability in beverages and other applications offering a favorable taste, flavor, improved quality, and convenience. Also, minimized costs and limited logistical hassles support the growth of this segment.

 

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Among all the natures studied in this report, the organic segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to factors such as increasing demand for organic food and beverages, the growing trend of sustainable & natural food, and rising awareness about clean-label products. Additionally, organic ingredients are perceived to be safer and healthier as they are free from any chemicals and pesticides, which further supports the growth of this segment.

 

Among all the applications studied in this report, the beverages segment is expected to dominate the global fruit and vegetable ingredients market. The large share of this segment is mainly attributed to the growing awareness of health benefits related to natural flavors in beverages, new product development & launches of beverages, rising demand for organic beverages, and growing popularity of flavored soft drinks. Also, the growing demand for health and sports drinks with enhanced nutritional value is expected to support the growth of this segment.

 

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Among all the regions studied in this report, in 2023, Europe is expected to account for the largest share of the fruit and vegetable ingredients market. The large market share of this region is attributed to factors like rising consumer demand for healthier and natural products, growing consumption of ready-to-eat food and beverage products with high nutritional value, and growing health and wellness concerns. Also, product launches with free-from, organic, and clean-label claims further augment the growth of this region.

 

Key Players

 

The global fruit and vegetable ingredients market is characterized by a moderately competitive scenario due to many large and small-sized global, regional, and local players. The key players operating in the global fruit and vegetable ingredients market are Archer-Daniels-Midland Company (U.S.), Olam International Limited (Singapore), Cargill, Incorporated (U.S.), AGRANA Beteiligungs-AG (Austria), Hans Zipperle AG/S.p.A. (Italy), Döhler GmbH (Germany), Ingredion Incorporated (U.S.), SunOpta (U.S.), SVZ International BV (Netherlands), and KangMed, Inc. (China).

 

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Pulse Lavage Market to be Worth $661.1 Million by 2030

 

According to a new market research report titled, ‘Pulse Lavage Market by Product (Device, Battery, Irrigation Tips & Tubes) Usability (Disposable, Reusable) Power Source (AC, Battery, Gas) Application (Knee, Hip, Spinal Implant, Wound Care) End User (Hospital, Long Term Care) - Global Forecast to 2030,’ published by Meticulous Research®, the pulse lavage market is projected to reach $661.1 million by 2030, at a CAGR of 7.8% from 2023 to 2030.

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Pulse lavage devices are used in wound care and surgery to clean and irrigate wounds. They are typically used in orthopaedic surgery to clean wounds and remove debris, bacteria, and other contaminants. The pulse lavage system offers various benefits compared to syringes while removing blood and debris to achieve good cement fixation and penetration into the cancellous bone. Pulse lavage prevents microembolization of the marrow contents and minimizes circulatory changes while inserting the prosthesis, reducing the risk of fat embolism. Also, it increases cement strength by removing blood and debris from the bone cavity.

 

The growth of this market is driven by the increasing number of orthopaedic procedures, growing aging population, and rising number of sports injuries & road accidents. In addition, untapped developing economies offer opportunities for market growth. However, delayed wound recovery due to high-pressure irrigation and inconsistent medical reimbursement policies hinder this market's growth.

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Untapped Developing Countries to Offer Opportunities for Pulse Lavage Market Growth

Pulse lavage manufacturers have the opportunity to expand into new markets, such as emerging economies with growing healthcare infrastructures. These markets may offer significant growth opportunities for pulse lavage devices, particularly as the demand for surgical procedures increases.

 

Developing countries in Asia and Latin America offers high growth opportunities due to the increasing aging population suffering from non-communicable diseases and growing income level and spending on healthcare. Additionally, governments of various developing nations are taking various initiatives to improve healthcare facilities and patient access to healthcare. Countries such as China, Japan, and South Korea are investing heavily in their healthcare systems, leading to an increase in surgical procedures and the adoption of advanced medical technologies such as pulse lavage.

 

In addition, owing to the high healthcare cost in developed countries, patients are increasingly looking for more affordable options for their healthcare. The rapidly aging population in developed countries and increasing life expectancy are the two major factors that have significantly strained the developed countries' national healthcare systems, thus limiting healthcare access through long waiting lists and high costs. This is driving patients to pursue cross-border healthcare options, leading to the increased demand for pulse lavage in developing countries.

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Based on product, the pulse lavage market is segmented into pulse lavage devices and components & accessories. The components & accessories segment is further categorized into irrigation tips & tubes, batteries, splash shields, and others. The pulse lavage devices segment is expected to account for the largest share of the market in 2023. Pulse lavage devices are used to clean the wound, remove debris during joint replacements & infectious agents, and increase cement penetration. The rise in the reported incidence of sports injuries and the prevalence of orthopaedic disorders have increased the number of orthopaedic surgeries and wound care management, contributing to the high demand for pulse lavage devices.

 

Based on power source, in 2023, the battery-powered segment is expected to account for the largest share of the pulse lavage market. The growth of this segment is attributed to the low maintenance cost and high energy storage capabilities. The batteries provide greater energy density and do not require maintenance to ensure their performance. However, the AC-powered segment is projected to register the highest CAGR during the forecast period.

 

Based on application, in 2023, the pulse lavage market is segmented into orthopedics & trauma and wound care. The orthopedics & trauma segment is further divided into joint reconstruction & arthroplasty and spinal implants. In 2023, the orthopedics & trauma segment is expected to account for the largest share of the pulse lavage market. The large market share of this segment is attributed to the growing prevalence of bone disorders like osteoarthritis and rising incidences of sports injuries.

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Based on end user, in 2023, the hospitals & clinics segment is expected to account for the largest share of the pulse lavage market. This segment's large market share is attributed to the rise in the number of patient visits to hospitals owing to the significant rise in spending on health and the number of hospitals. However, the long-term care facilities segment is projected to register the highest CAGR during the forecast period.

 

Based on geography, the pulse lavage market is segmented into North America, Europe, Asia-pacific, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the pulse lavage market. The large share of the North American region is attributed to the well-established healthcare system in the region, greater adoption of advanced technologies, high prevalence of non-communicable diseases, presence of many hospitals, growing aging population, and relatively greater access to healthcare.

 

Some of the key players operating in the pulse lavage market are Stryker Corporation (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Premier Surgical Ltd. (Ireland) (Atlantic Surgical Ltd.), MicroAire Surgical Instruments LLC (U.S.), Judd Medical Ltd. (U.K.), Smith & Nephew plc (U.K.), Mölnlycke Health Care AB (Sweden), C. R. Bard, Inc. (A Subsidiary of Becton Dickinson & Company) (U.S.), Corin Group PLC (A Subsidiary of 2IL Orthopaedics Limited) (U.K.), and De Soutter Medical Limited (U.K.).

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