Latest Market Research Report 2025

  Preclinical CRO Industry Overview The global preclinical CRO market size was valued at USD 5.72 billion in 2023 and is anticipated to grow at a CAGR of 8.7% from 2024 to 2030. Increased R&D budget for drug development is leading to rising demand for preclinical contract research organization (CRO) services, thus boosting the market growth during the forecast period. The surge in the number of preclinical trials involving large molecules and the growing need to curb R&D expense is expected to contribute to the growing demand for quality preclinical CRO. Gather more insights about the market drivers, restrains and growth of the   Preclinical CRO Market With regards to the COVID-19 vaccine, preclinical studies have been performed at an exponential speed, indicative of the overwhelming role of CROs. Increasing spending on CRO services is expected to boost the market growth significantly during the forecast period. The growing demand for drugs post COVID-19 is further con...

  U.S. Wine Industry Overview The U.S. wine market size was estimated at USD 81.33 billion in 2023 and is expected to expand at a CAGR of 5.4% from 2024 to 2030. Wine sales have surged across the U.S. owing to innovation in its flavor, color, and packaging. Beyond the classic wines, niche markets and emerging wine regions are gaining prominence. Regions like Willamette Valley located in Oregon, Finger Lakes located in New York, Santa Rita Hills located in California, and Columbia Valley are carving out niches with their distinct offerings. Indigenous grape varieties, innovative winemaking techniques, and unique terroirs are captivating adventurous palates. Gather more insights about the market drivers, restrains and growth of the   U.S. Wine Market Evolving consumer tastes and preferences play a significant role in shaping the U.S. wine industry. Consumers are increasingly seeking diverse and unique wine experiences, leading to a growing demand for a variety of wine ...

  Gene Therapy Industry Overview The global gene therapy market size was estimated at USD 5.54 billion in 2023 and is projected to grow at a CAGR of 18.88% from 2024 to 2030. The market growth is attributed to many factors such as the expanding area of advanced therapies along with gene delivery technologies and progressive competition among key players focused on commercialization of their therapies. The biotechnology companies are investing in acquisitions, mergers/collaborations, and deals as a key strategy to increase in-house expertise and strengthen the product pipelines. The COVID-19 outbreak has negatively impacted the market growth. This sector has experienced severe disruption due to COVID-19, which has historically presented significant challenges in the supply of materials, manufacturing, and logistics operations. For instance, companies had lengthy delivery times for specific components. They later discovered that it was short on clinical trial supplies when a partner ...

  Waste Management   Industry Overview   The global waste management market size   was valued at USD 1,293.70 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. The market is expected to be driven by stringent government regulations such as the Resource Conservation and Recovery Act and Waste Shipment Regulation for improving this service. During the COVID-19 pandemic, due to the lockdown, waste production decreased from the commercial and industrial sectors as factories and offices were completely or partially shut down. However, the urban waste increased from residential areas. The reopening of production facilities at the beginning of 2021 and rising vaccination rates lead to the re-initiation of the waste recycling industry and companies at their full-scale capacities.     The U.S. was one of the majorly COVID-19 affected countries, wherein the government had imposed a lockdown in 2020 to cont...

  Lab Automation   Industry Overview The global lab automation market size was estimated at USD 6.87 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.64% from 2023 to 2030. Laboratory automation utilizes a special kind of technology to streamline or substitute the manual manipulation of methods and equipment. Based on the laboratory workflow, the level and degree of automation are decided. The higher adoption of automated instruments is most often observed at academic and research institutes to bolster productivity and decrease the time spent on different time-consuming tasks. In addition, the rising use of automated instruments for drug discovery and development purposes is further anticipated to propel the market growth during the forecast period. For instance, in June 2022, Insilico Medicine announced its plans to launch an automated AI-driven robotics laboratory for drug discovery. The increasing number of benefits of...