Analyst Notes & Expert Insights

The global laboratory automation market has immense future potential and is marked by a trajectory of continuous growth, innovation, and widespread adoption across various industries. Several trends and developments are going on in the market that are shaping the future of laboratory automation.

The document in this series features the global functional genomics market, which is currently witnessing a significant wave of recognition.

As of 2022, the global DNA/RNA sample extraction and isolation market held a value of $2.26 billion. The market is expected to grow at a CAGR of 7.07% during the forecast period 2023-2033 and attain a value of $4.79 billion by 2033.

A light-emitting diode (LED), which is a straightforward and extremely effective device, discharges light through electron motion.

The use of data insights for the reduction in overall fleet costs by reducing fleet vehicle downtime, lowering operation costs, and predictive maintenance is termed data-driven fleet management.

A cellular repeater, also known as a cell phone signal booster, is a device that amplifies the existing cellular signal to improve cellular coverage in an area where the signal is weak or nonexistent.

A category of nanomaterials known as two-dimensional (2D) materials is distinguished by the fact that they are only one or two atoms thick. Currently, the substance that is most frequently connected to 2D materials is graphene.

Low Range Wide Area Network (LoRaWAN) is a wireless communication protocol that uses low-power radio waves to transmit data over long distances, making it an ideal technology for use in the agriculture industry.

In-vehicle payments provides valuable data to merchants and other businesses, allowing them to understand customer behavior and preferences better. Many OEMs and automotive manufacturers have been looking into this space for quite some time as well as service providers.

Castor oil-based biopolymers, including high-performance polyamides, have proven requirements to meet some of the most demanding material challenges with their uperior properties, such as flexibility, lightweight, and energy return.

Space tourism is an emerging space market segment garnering attention for the overall space sector. The past focus of space transportation missions has been on delivering cargo to the International Space Station (ISS) and launch services.

Lithography is a patterning process that involves transferring a pattern from a photomask to a substrate. Year after year, the need for innovative and cutting-edge gadgets grows, necessitating semiconductor miniaturization and enhancement.

Our ‘Expert Insight’ series is one such initiative, where we make the industry insights available to senior executives in a short and quick to read format. This particular document features the ambulatory surgical center (ASC) operating room integration systems market.

This particular document features the radiation dose management market. The global radiation dose management market stands to benefit from the increasing number of imaging scans and the growing demand for diagnostic imaging modalities.

The global laboratory informatics market is undergoing a significant change owing to the advancements that are currently invading the market space.

For each topic that we cover, BIS Research’s analysts interact with dozens of industry experts to scan, analyze, and predict the future of the concerned technology and its market. This document features MR imaging in neurosurgery market. The MR imaging in neurosurgery market stands to benefit from the rising preference for minimally invasive surgeries.

The global NGS kits market is undergoing a significant change owing to the advancements that have already taken place and are currently invading the market space. A

To gain a holistic strategic view of the acellular therapy market, information from different segments has been categorized minutely. These categories include a comparison of cell therapy and cell-free therapy, applications in several disease areas, acellular therapy in COVID-19, clinical trial analysis, competitive landscape, and company profiles.

The global ligase market is undergoing a significant change with regard to advancements that have already taken place and are currently invading the market space.

The need to reduce greenhouse gas (GHG) emissions has become the need of the hour as the effects of climate change are being increasingly felt through more intense storms, wildfires, and floods. Some strategies to do this include switching to electric vehicles, installing solar panels, and reducing deforestation.

Human identification is widely used in forensics, paternity testing, disaster victim identification, and anthropology, among other applications, with DNA analysis/profiling being a key tool in this sector.

Bioethanol is a biofuel with a high-octane amount produced from biodegradable fractions of agricultural products, forestry wastes, and industrial wastes.

Mycelium market is at an initial development stage wherein the startup companies require funding from the investors to build a solid foundation for their ongoing developments.

The document features the global lung cancer genomic testing market, witnessing significant recognition and investment to improve lung cancer patient outcomes. Lung cancer genomic testing is potentially seeing a considerable flux of advancements.

Next generation sequencing and production for hematologic malignancies testing products will increase in the market, resulting in an overall increment of the hematologic malignancies testing market. The realistic scenario projects the CAGR for the period 2021-2032 to be around 14.23%.

With the emergence of in-silico drug testing, there is immense potential for these emerging sub-markets to continue to propel the overall in-silico drug discovery market.

The market for medical grade tubing is rapidly growing, with products used in medical applications such as drug delivery, IV tubing, catheters, and bulk disposable tubing.

The global liquid biopsy market is expected to witness robust growth owing to an increasing number of global companies attempting to tap into the vast potential of this market.

Molecular diagnostics has a critical role in precision medicine approach, as it ensures safe and effective application of targeted therapeutics. A majority of the players in the global molecular diagnostics market offer products encompassing the kits and reagents, instruments, and software categories.

The global operating room (OR) integration market is a huge market comprising various product types that are used in an operating room. These include products for visualization, lighting, imaging, OR integration software, and other products such as insufflators, medical printing devices, and OR communication and control systems.

The concept of using radiofrequency in aesthetic treatments has been commercial for nearly two decades. Radiofrequency-based aesthetic treatments use both minimally- and noninvasive devices.

Next-generation oncology devices and solutions comprise devices and software leveraging emerging technologies to aid in diagnosing, treating, and monitoring various types of cancer. Emerging technologies refer to technologies that are novel, minimally invasive, and are capable of specifically targeting the tumor cells while sparing healthy tissue.

The global spine X-Ray and computed tomography market is influenced by various trends. Most companies in the market are in the phase of product launch and commercialization to expand their global footprint in the spine X-Ray and computed tomography market.

Pharmaceutical quality management software refers to a specialized class of software that focuses on quality maintenance and regulatory compliance during the drug manufacturing process in the research and development (R&D) facility.

The global pharmacogenomics services market is expected to witness high growth, attributing to the global increase in the prevalence of infectious diseases and various types of cancers, increase in adoption of personalized medicine shifting the paradigm from reaction to prevention, rise in the rate of adverse drug reactions, and surge in the usage of pharmacogenomics for drug discovery and development.

The robotic-assisted imaging technologies market is expected to grow rapidly over the forecast period, owing to rising chronic disease incidence, elevating the global population coupled with the geriatric population, improving reimbursement policies, and public initiatives and funding to develop technologically advanced products.

Urgent care apps are intended to serve patients seeking urgent care by connecting them to a relevant specialist and facilitating further courses of action such as diagnosis, treatment, and monitoring.

The global surgical microscopes market has been growing rapidly owing to several factors, such as the increasing use of fluorescence image-guided surgeries (FIGS), rising technology integration, and product portfolio expansion through mergers and acquisitions.

The NGS sample preparation market is expected to witness robust growth. The market growth for NGS sample preparation is attributed to the use of NGS sample preparation in medical science, which has witnessed robust growth due to the continued significant investments by healthcare companies to meet industry demand.

The global single cell bioinformatics software and services market is undergoing a significant change with regard to the advancements that have already taken place and are currently invading the market space

The growing interest of the pharmaceutical industry in the therapeutic potential for treating axial spondyloarthritis has been a catalyst for the progress in the global axial spondyloarthritis market.

The massive scope in the high potential regions for technological advancements in the field of organ transplant diagnostics, growing demand for products based on molecular assay technologies, and rising prevalence of chronic diseases, among others, are also expected to provide growth opportunities for players in the market.

The single-cell multi-omics approach has been able to decipher the mechanism of complex bulk tissue, providing deep understanding of heterogeneous cell populations.

The COVID-19 impact on the global SERD therapeutics market is low to moderate. Ongoing SERD therapy clinical trials were also not significantly impacted by COVID-19.

The global emerging mental health devices and platforms market is significantly fragmented in nature owing to the existence of numerous regional companies and their limited geographical presence.

Surgical instruments have a shelf life, and manufacturers usually specify how many cycles they can be used for.

Surgical robotic systems primarily include surgical systems (capital equipment), instruments and accessories (consumables), and services (maintenance and up-gradation).

Agricultural emissions can be never be fully curbed as the operations are naturally designed in such a way that these process will certainly emit GHGs. Emissions can only be substantially controlled in such a way that it may not affect or add to the growing concern of global warming.

The market is favored by the development and launch of pipeline constrained peptide drugs and the ability to target varied biological interventions with innovate route of administration. The gradual increase in the prevalence of oncology and rare diseases globally has fueled the constrained peptide drugs market.

The Nordic and Baltic hereditary genetic testing market is undergoing a significant flux about the advancements that have already taken place and are currently invading the market space.

All patients under treatment for any type of hematological malignancy are typically recommended with MRD testing.

The global transcriptomics market is expected to witness robust growth owing to an increasing number of global companies attempting to tap into the vast potential of this market.

Three-dimensional printing (3D printing) or additive manufacturing can be defined as the process of manufacturing a physical model from a 3D model by placing several layers of material over one another.

Green ammonia is becoming an important component in achieving energy transition and ensuring a sustainable future. The growing emphasis on lowering the cost of green ammonia by combining renewable energies is anticipated to drive toward lowering greenhouse gas emissions, offering substantial growth for green ammonia.

Green hydrogen is expected to play a key role in the decarbonization of various end-use industries such as transportation, energy storage, and power generation.

Robotics is one of the enablers of smart manufacturing. The use of robotics is becoming more varied as several industry verticals are using collaborative robots (cobots) and automated mobile robots (AMRs) for various applications.

Proteins are a major part of the human diet needed for survival. In many countries across the globe, people are consuming protein at a much higher rate, most of which comes from animals.

While the UAM industry is currently in its nascent stage, various start-ups & established aerospace companies are trying to enter the market.

The communication industry has evolved in the past two decades, and with the rising demand from commercial end users, the demand for stable communication networks has increased.

The development of autonomous BVLOS drones requires advanced technologies to increase reliability while operating in civilian airspace. This has led many companies to work out automation solutions that allow drones to function safely and independently with restricted or no human intervention.

Cellular communication served by mobile network operators (MNOs) is gaining popularity in commercial drone applications. Drones that fly at low-altitudes and at BVLOS settings are more suitable for cellular communication that includes connectivity services such as long-term evolution (LTE) advanced services, also known as fourth-generation or 4G+ and fifth-generation or 5G mobile networks.

Food packaging takes a lot of time to degrade and releases toxins when burnt, especially those made from plastics. Also, chemicals from the packaging materials trickle down into the groundwater and soil. This has generated the need of sustainable packaging solutions which refers to the development and use of packaging solutions with minimal environmental impact and ecological footprint. Materials used in the packaging should be renewable, recyclable, recycled, reduced, or redesigned, to be termed sustainable.

Robots have been playing an important role in fighting against COVID-19 outbreak. Robots have been increasingly deployed for patrolling, surveillance, development of medicines, disinfectant spraying, and delivering essential goods to communities, among others. Unmanned disinfection robot has been in huge demand since the time pandemic started spreading around the globe. For instance, in February 2020, blue ocean robotics won a contract from the medical authorities of china for the supply of more than 2,000 unmanned disinfection robot.

Defense companies dealing with the production and supply of ground defense systems have experienced a mild disruption related to supply chain and production delays due to covid-19 pandemic. However, in the Q1 (January-March) of FY2020, the pandemic has had no material impact on the financial Q2 FY2020 performance of the major defense companies, however, as the Q2 FY2020 (April-June) commences, more significant disruptions has been experienced.

Robotics surgical simulators are predominantly incorporated for surgical training of minimally invasive surgical procedures. But the MIS technology ecosystem is one of the foremost fields in the healthcare domain, which witnessed a significant impact due to the outbreak of COVID-19. Though initially, it was perceived that COVID-19 would have an impact (negative) on robotics surgical simulation technologies similar to the MIS technology ecosystem. However, contrary to expectations, COVID-19 has a positive impact on the market in focus. The following analyst note provides quantifiable insights pertaining to the impact of COVID-19 on the Robotics Surgical Simulation Systems Market.

Next-generation Visualization and Navigations technologies are one of the fields which hold a significant potential to aid in overcoming the massive economic burden associated with surgical errors. However, the outbreak of COVID-19 has resulted in significant financial strain on hospitals and a consequentially resulted in negative impact on capital intensive equipment such as visualization and navigations systems. The following analyst note provides insights pertaining to the quantifiable impact of COVID-19 pandemic on Next-generation Visualization and Navigation Systems market

AI-enabled medical imaging technologies is one of the fields which witnessed a positive impact due to the outbreak of COVID-19 pandemic. The growing cases of COVID-19 have significantly increased pressure on the healthcare community and resulted in existence for diagnostic technologies with short turnaround times. The following analyst note quantifies the impact of COVID-19 on the adoption of AI-enabled medical imaging solutions and also mentions the government initiatives supporting the deployment of AI-enabled medical imaging solutions.

Defense industry is one of the fastest growing industry with large investments pouring in from various government agencies. Due to which, the overall impact of COVID19 has not been severe. However, top supply chain has experienced major impacts due to temporary lockdown and social distancing in many countries across the globe. The following analyst note explains the current scenario and key stress areas such as disruption of supply chain, re-structuring of defense budgets, and de-prioritizing of upcoming programs, impacted by the pandemic in the defense industry.

Urban mobility is one of the fields which has witnessed a significant impact due to the outbreak of COVID-19. The following analyst note quantifies the impact of COVID-19 on urban mobility, which is the predominant contributor to the GDP. Owing to lockdown, MaaS, and public transportation are shut down, resulting in the service providers' revenue loss.

Upon the advent of the COVID-19 pandemic and the ruling of lockdown in most parts of the world, the functioning of the agriculture industry has become more essential than ever. To respond, all stakeholders of agriculture need to reinvent themselves with precison agriculture technologies on the pillars of precision, automation, and digitalization. AI, IoT, robots, drones, blockchain, digital marketplace, and servitization will be important technologies.

COVID-19 has resulted in problems related to sourcing of raw materials, transportation snarls, oversupply in domestic market, and lower demand from key end-use industries. This has led to massive disruption in water treatment chemicals industry as well. As a result, the companies involved in the ecosystem of water & wastewater treatment chemicals are focusing on re-adjusting their business strategies, plans and outlook for the current and following years.

Drone industry has significantly gained amid COVID-19 and due to the social distancing measures, deployment of drones has increased tremendously for new application such as disinfectant spraying, temperature check, inspection and broadcast, delivery of critical supplies and others. Since March 2020, delivery of essential goods and medical supplies has witnessed a new upsurge and urgency. They are mostly the best option during a disease outbreak to ship a product in the shortest transit time as compared to road transportation.

Minimally invasive surgical (MIS) technology ecosystem is one of the medical fields which witnessed a massive impact due to the outbreak of the COVID-19 pandemic. The governments' rollout guidelines to de-prioritize elective surgeries have significantly reduced the demand for minimally invasive surgical equipment. The following analyst note quantifies the impact of COVID-19 on the MIS ecosystem and discusses the impact of U.S. stimulus packages on the MIS Ecosystem.

The life sciences industry has been directly impacted by the COVID-19 outbreak. However, the impact has been low/neutral for far, but promises high growth opportunities in the future. This can be explained on the basis of increase in spending on vaccinations as companies are already deploying a significant amount of resources in the development of a COVID-19 vaccine.

Medical Devices is one of the leading contributors to the global healthcare market. However, the outbreak of COVID-19 has resulted in a significant reduction in annual surgical procedural volumes, and upsurge in the demand of ventilators. The following analyst note quantifies the impact of COVID-19 on medical devices market, as a whole, and also provide insights pertaining to the plausible scenarios in the post-COVID-19 world for the medical devices market.

The digital health space has significantly exploded particularly in the last decade. More than 50 billion has been injected into the field in the form of VC funding. The space was on the rise long before the Coronavirus pandemic disruption, particularly enabled by innovations in IoT-connected medical devices. The adoption of remote care tools among physicians increased to 22 percent in 2019 from 12 percent in 2016.

Vehicle connectivity is at the center of enabling the future of mobility. However, the industry faces a paradigm shift from better in-vehicle experience toward improving passenger health. COVID-19 is not only impacting the need for connected vehicles but is also forcing the automotive industry to adopt new technologies that make vehicles safe for the passengers. Cybersecurity solution providers must adapt to these changes to maintain their position in the market.

In the race to develop vaccine against COVID-19, scientists across the globe are massively adopting multiple vaccine-development platforms, including RNA sequencing platforms, to speed the development processes

Medical Imaging is one of the leading contributors to the global medical device market. In the year 2017, the medical imaging segment is the 3rd leading contributor to the medical device market global revenue. However, the outbreak of COVID-19 has resulted in a significant reduction in annual diagnostic imaging procedural volumes. The following analyst note quantifies the impact of COVID-19 on medical imaging market, as a whole, and also provide insights pertaining to the plausible scenarios in the post-COVID-19 world for the medical imaging market.

Fast-track FDA-approval for molecular diagnostics for COVID-19 and increasing global funding for healthcare owing to growing number of pandemic casualties are some of the key factors driving the genomics market.

Unmanned Air Systems is one of the fields which has witnessed a significant impact due to the outbreak of COVID-19. The following analyst note describes the impact of COVID-19 on eVTOL industry, in addition to opportunities, challenges, short & long-term impact for the stakeholders.

Healthcare Robotics is one of the fields which has witnessed a significant impact due to the outbreak of COVID-19. The following analyst note quantifies the impact of COVID-19 on surgical robotics, which is the predominant contributor to the healthcare robotics market. It also emphasizes the opportunities in the field of healthcare robotics, which have evolved due to the COVID-19 pandemic.