Single-use Bioreactors Market by Product [Systems, Media Bags (2D, 3D), Filtration Assemblies], Type [Stirred-tank, Wave-induced], Cell [Mammalian, Bacterial, Yeast], Application [Commercial (Mab, Vaccine), Research], End User – Global Forecast to 2030

The Single-use Bioreactors Market is projected to reach $10.3 billion by 2030, at a CAGR of 15.8% from 2023 to 2030. Single-use bioreactors, also called disposable bioreactors, are made of disposable bags instead of a culture vessel. These bioreactors eliminate the need for expensive and bulky clean-in-place (CIP) or steam-in-place (SIP) systems and offer flexibility and a low risk of contamination, contributing to their adoption by pharma & biotech companies. These companies are focusing on organic & inorganic strategies like expanding manufacturing capacity or acquisitions to increase their bioproduction, increasing the adoption of biopharma equipment, including bioreactors.

For instance, in December 2022, Thermo Fisher Scientific Inc. (U.S.) expanded its presence in Hangzhou, China, to support customers' manufacturing needs, enabling them to serve more patients worldwide. This site offers integrated clinical and commercial drug substance and drug product capabilities, including process development, cell line development, biologics drug substance manufacturing and sterile fill-finish. This includes the use of packaging and labeling capabilities. Advanced technologies in the facility include Thermo Fisher 2,000-liter HyPerforma Single-Use Bioreactors and associated Single-Use equipment and, in the future, bioreactor capacity up to 5,000 liters through Thermo Scientific DynaDrive technology.

In March 2021, Pall Corporation (U.S.), a subsidiary of Danaher Corporation (U.S.), acquired Pall-Austar Lifesciences Limited (Hong Kong) (a joint Venture between Pall and Austar Group). This acquisition is intended to expand the single-use technology manufacturing capabilities of the company in China for products supporting the scale-up of COVID-19 vaccines.

The rapid adoption of disposable technology in the pharmaceutical and biotechnology industry, growing demand for biopharmaceuticals, and capacity expansion of biopharmaceutical plants are some of the major factors driving the growth of the single-use bioreactors market.

Network Security Firewall Market by Component (Solutions, Services), Type (Unified Threat Management, Next-generation Firewall), Deployment Mode, Organization Size, and Sector (BFSI, Retail, and Other Sectors) and Geography – Global Forecast to 2030

The Network Security Firewall Market to reach $16.2 billion by 2030 at a CAGR of 19.7% during 2023–2030. The growth of the network security firewall market is driven by the rising government regulations encouraging the demand for network security firewalls, the growing significance of network security firewall solutions in the BFSI sector, the increasing demand for network security and privacy, and the advancement of digital transformation in the telecommunication industry. However, the lack of preventive firewall maintenance restrains the growth of the network security firewall market.

Further, the growing need for network security firewall solutions among SMEs and increasing adoption of network function virtualization is expected to create market growth opportunities. Also, misconceptions & lack of knowledge regarding network security firewall solutions are challenging for the players operating in this market.

Antiviral & Antimicrobial Coatings Market by Type (Antimicrobial, Antiviral), Material (Copper, Silver, Aluminum), Form (Powder, Aerosol), Application (Healthcare, Building & Construction, Automotive, Packaging), and Geography – Forecast to 2028

The Antiviral & Antimicrobial Coatings Market is expected to grow at a CAGR of 11.7% from 2021 to 2028 to reach $8.53 billion by 2028. Antiviral & antimicrobial coatings are used to restrict the growth of viruses and other microorganisms. These coatings provide long-lasting protection against microorganisms and help maintain permanent hygiene. They have wide applications in healthcare, building & construction, food & beverage, packaging, air & water treatment, automotive, protective clothing, and other industries like oil & gas, electronics, and aeronautics & defense.

The growth of this market is mainly attributed to the increasing incidence of healthcare-associated infections, the rising number of food product recalls due to microbial contamination, and government initiatives & funding for the development of antimicrobial coatings. Favorable development in the emerging economies is expected to offer significant growth opportunities for players in this market. However, stringent government regulation on the emission of volatile organic compounds (VOCs) is expected to restrain the growth of this market to a certain extent. Additionally, the growing antimicrobial resistance among micro-organisms is expected to pose challenges to market growth.

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Meticulous Research® Unveils Exclusive Report Forecasting the “Industrial Asset Management Market” to Surpass $14.4 Billion by 2029

Meticulous Research®, a renowned global market research company, has released an exclusive report titled, ‘Industrial Asset Management Market by Offering, Deployment Mode, Asset Type, and End-use Industry (Food & Beverage, Pharmaceuticals, Biotechnology, Medical Devices, and Other Industries), and Geography—Global Forecast to 2029.’ The comprehensive report predicts that the global industrial asset management market is poised to achieve a valuation of $14.4 billion by 2029, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 12.2% from 2022 to 2029.
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Industrial Asset Management: Navigating Efficiency and Planning for Future Needs
Industrial Asset Management (IAM) is a sophisticated system designed for tracking and maintaining industrial assets, including machines, tools, and equipment. Deployed in manufacturing and various industrial settings, IAM assists companies in asset management, enabling them to plan for future needs and efficiently meet customer demands. By employing IAM solutions, manufacturing companies can enhance operational efficiency, reduce maintenance costs, and streamline asset-related processes.
Market Dynamics and Growth Factors
The market's growth is attributed to the advantages offered by cloud based IAM solutions and the escalating demand for real-time monitoring of industrial assets. However, concerns surrounding data security and confidentiality act as growth inhibitors. The integration of advanced technologies such as artificial intelligence, machine learning, and 5G, along with the increasing adoption of IAM solutions in the pharmaceutical sector, present significant growth opportunities. Challenges include the lack of infrastructure and IT capabilities. Additionally, the report highlights the rising trend of integrating predictive analytics as a major trend in the IAM market.
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Technological Advancements Shaping the Future
The integration of artificial intelligence, machine learning, and 5G technologies is identified as a key driver for industrial asset management market growth. The ongoing digitization across verticals is creating new opportunities for organizations to optimize and extend asset lifecycles. Technologies like AI, ML, NLP, big data analytics, 5G, IoT, and cloud computing are transforming the IAM landscape, improving operational support, automation, and client servicing.
Segmentation Insights
The global industrial asset management market is segmented based on offering (solutions, services), deployment mode (on-premises, cloud-based), asset type (conventional assets, automation assets), and end-use industry (food & beverage, chemicals, automotive manufacturing, pharmaceuticals, biotechnology, medical devices, metal & mining, energy & power, aerospace & defense, electronics & semiconductors, and other industries).
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Key Highlights:
1. Offering: In 2022, the solutions segment accounted for the larger market share, driven by the increasing demand for cloud-based IAM solutions, cost reduction initiatives, and the need for a comprehensive 360-degree view of assets. The solutions segment is projected to register the highest CAGR during the forecast period.
2. Asset Type: The automation assets segment dominated the market in 2022, attributed to the growing demand for efficient inventory tracking, centralized vendor management, and reduced maintenance costs. This segment is expected to register the highest CAGR during the forecast period.
3. Deployment Mode: In 2022, the on-premises deployment segment held the larger market share due to higher data security and privacy. However, the cloud-based deployment segment is expected to witness the highest CAGR during the forecast period.
4. End-use Industry: The pharmaceuticals segment is projected to register the highest CAGR, driven by the increasing need for real-time asset visibility, equipment maintenance optimization, and FDA compliance in drug development.
5. Geography: Asia-Pacific accounted for the largest market share in 2022, with significant contributions from prominent players and a surge in demand for cost-effective IAM solutions. The region is projected to register the highest CAGR during the forecast period, driven by infrastructural growth, especially in China, South Korea, Japan, and India.
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Scope of the Report
The report provides an in-depth analysis of the industrial asset management market, covering offerings, deployment modes, asset types, end-use industries, and geographic regions. It evaluates industry competitors and analyzes the market at the regional and country levels.

Key Players and Future Outlook
The key players operating in the global industrial asset management market include ABB Ltd, Siemens AG, Schneider Electric SE, Emerson Electric Co., Endress+Hauser Group Services AG, General Electric, Honeywell International Inc., Rockwell Automation, Inc., SKF Group, and Yokogawa Electric Corporation.

TOP 10 COMPANIES IN INDUSTRIAL ASSET MANAGEMENT MARKET >> https://meticulousblog.org/top-10-companies-in-industrial-asset-management-market/

Global Lipid-Nanoparticle Based Genomic Medicines Market: By Type (Liposome-based Nanoparticles, Micelle-based Nanoparticles, Lipid-Coated Nanoparticles); By Application (Cancer Treatment, Infectious Diseases, Genetic Disorders, Cardiovascular Diseases, Others); By Therapeutic Payload (mRNA-based Therapeutics, siRNA-based Therapeutics, miRNA-based Therapeutics, Others); By End-User (Hospitals, Biopharmaceuticals Companies, Research Institute); By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa) Global Industry Analysis, COVID-19 Impact, and Industry Forecast, 2018-2032.

The growth of this market is driven by globalization and the growing need for cross-border communication, the growing e-learning market, and the penetration of artificial intelligence in e-learning. However, data security and privacy concerns are expected to restrain this market’s growth. The increasing spending on the education sector, the rising internet and smartphone user base, and the increasing preference for a multilingual workforce by multinational companies are expected to provide significant growth opportunities for stakeholders in this market.

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