Harshal J Profile

According to the latest publication from Meticulous Research®, the global pharmaceutical packaging market is projected to reach $176.54 billion by 2031 at a CAGR of 7.6% from 2024 to 2031. The growth of the pharmaceutical packaging market is driven by growth in the pharmaceutical sector, the rising demand for drug delivery devices, growing healthcare expenditures, the increasing focus on biosimilars, the growing trend of contract manufacturing & packaging in the pharmaceutical sector, and growth in the aging population & the consequent rise in chronic disease prevalence. However, increasing instances of counterfeit packaging, increasing waste generation due to single-use packaging, and concerns over certain materials leaching into pharmaceutical preparations restrain the growth of this market.

Veterinary Molecular Diagnostics Market by Product (Kits & Reagents, System & Software), Technology (PCR, Microarray, DNA Seq), Animal Type (Companion, Livestock), Application (Infectious Disease, Genetics), End User (Hospital, Clinical Lab) – Forecast to 2029

According to this latest publication from Meticulous Research®, the global veterinary molecular diagnostics market is expected to grow at a CAGR of 9.2% from 2022 to reach $1.13 billion by 2029. Factors such as the growing pet animal population, high animal healthcare expenditure, ongoing advancements in veterinary molecular diagnostics, and the high sensitivity and specificity of MDx tests are supporting the market growth. Moreover, emerging markets, advancements in veterinary diagnostics technologies, and increasing efforts by organizations to promote animal welfare are expected to offer opportunities for the global veterinary molecular diagnostics market.

Europe NGS Automation Market by Product (Platform, Consumables), Sequencing Type (Whole Genome, Exome, Targeted), Application (Drug Discovery, Diagnostics), End User (Hospitals, Diagnostic Laboratories, Pharmaceutical, Academic) – Forecast to 2030

According to this latest publication from Meticulous Research®, the NGS automation market in Europe is projected to reach $380.4 million by 2030, at a CAGR of 13.4% from 2024 to 2030. The growth of this market is driven by factors such as the increasing R&D activities in the life sciences industry, the growing demand for NGS automation in laboratories, and the increasing prevalence of chronic diseases such as cancer.

Meat Market Size, Share, Forecast, & Trends Analysis by Animal Type (Cattle and Buffalo, Pig, Poultry, Sheep), Product Type (Processed, Fresh Meat), Distribution Channel (Business to Consumer (B2C), Business to Business (B2B) — Global Forecast to 2031

According to this latest publication from Meticulous Research®, the meat market is expected to reach $1.52 trillion by 2031, at a CAGR of 6% from 2024 to 2031. The increasing demand for animal-based foods, a shift toward protein-rich diets, and a rise in the popularity of functional meat products are factors driving the growth of the meat market. Additionally, rising awareness and demand for organic processed meat products are anticipated to create growth opportunities for market participants. Furthermore, the rise of e-commerce and the rising demand for gluten-free options are prominent trends in this market.

According to this latest publication from Meticulous Research®, the single-use bioreactors market is projected to reach $10.3 billion by 2030, at a CAGR of 15.8%. The growing adoption of disposable technologies in the pharmaceutical and biotechnology industries, capacity expansions of biopharmaceutical plants, rising pharmaceutical R&D expenditures, the rising adoption of biosimilars, and the growing prevalence of chronic diseases are the factors driving the growth of this market.

Artificial Intelligence in Medical Diagnostics Market By Component (Software, Services), Specialty (Radiology, Cardiology, Neurology, Obstetrics/Gynecology, Oncology), Modality (MRI, CT, X-ray, Ultrasound), End User (Hospital, Diagnostic Center) – Global Forecast to 2029

According to this latest publication from Meticulous Research®, the AI in medical diagnostics market is expected to reach $9.38 billion by 2029, at a CAGR of 36.2% from 2022 to 2029. This market's growth is driven by the growing need for the adoption of AI in medical diagnosis, the shortage of healthcare professionals, and the rising incidence rate of chronic diseases. In addition, growth potential in emerging economies and the growing number of cross-industry partnerships and collaborations provide significant growth opportunities for players operating in the market.

Sugar-free Products Market by Type (Beverages, Food Products, Tabletop, Others); Sweetening Type (Sugar Substitute-sweetened Sugar-free Products, Naturally Sweetened); Distribution Channel (Supermarkets & Hypermarkets, Others) – Global Forecasts to 2029

According to this latest publication from Meticulous Research®, the sugar-free products market is expected to reach $65.31 billion by 2029, at a CAGR of 6.2% from 2022 to 2029. The growth of this market is driven by the rising incidence rate of diabetes, the rising demand for low-calorie foods, and sugar taxes imposed on sugary drinks. However, the higher prices of sugar-free products restrain the growth of this market.

According to the latest publication from Meticulous Research®, the IVD reagents market is projected to reach $79.76 billion by 2031, at a CAGR of 5.3% during the forecast period. The growth of this market is driven by the increasing prevalence of infectious diseases, increasing funding for research activities, the rising adoption of advanced diagnostic technologies, the growth in proteomics & genomics research studies, and the growing number of clinical laboratories offering advanced diagnostic testing menus. Additionally, emerging economies and the growing demand for protein therapeutics and personalized medicines are expected to offer significant market growth opportunities.

Semiconductor Manufacturing Equipment Market, by Front-end Equipment (Silicon Wafer Manufacturing, Wafer Fabrication), Back-end Equipment (Testing, Assembling & Packaging), Dimension, Component, End User, and Geography – Global Forecast to 2030

According to this latest publication from Meticulous Research®, the global semiconductor manufacturing equipment market is projected to register a CAGR of 6% in 2024–2030, to reach $171.6 billion by 2030. The growth of this market is driven by rapid technological advancements coupled with consumers' increasing acceptance of connected devices, rising demand for semiconductors and the resultant proliferation of fabrication facilities, and increasing utilization of semiconductors in EV manufacturing. However, the growing adoption of 5g technology and increasing acceptance of autonomous vehicles is a major trend in the global semiconductor manufacturing equipment market. Supply chain disruptions caused by the COVID-19 pandemic may restrain the market to a certain extent. Moreover, the development of user-friendly and easy-to-integrate designs is a challenge for market growth. Government initiatives aimed at boosting the semiconductors industry and the growing use of connected devices in home automation are expected to offer significant opportunities for the growth of this market.

Industrial Safety Market by Type, Offering (Hardware, Software), End User (Oil & Gas, Energy & Power, Chemicals), and Geography—Global Forecasts to 2030

The industrial safety market is projected to reach $ 17.86 billion by 2030, at a CAGR of 11.1% from 2023 to 2030. The growth of this market is attributed to the need for reliable safety systems to ensure personnel and asset protection, stringent regulations for workplace safety, and the growth of the oil & gas sector driving the adoption of industrial safety systems. However, the high installation costs of industrial safety systems are expected to restrain the growth of this market. Furthermore, the increasing usage of industrial internet-of-things is expected to offer potential growth opportunities. Failure to access all machinery-related risks is a challenge for this market.