As BCC Research has been covering the Life Science industry for 50 years, we like to keep an eye out for new advancements.
Here’s some industry news we thought you should know.
News In Life Science
Manufacturing impurity-free CBD products on a largescale level has its challenges. This company found a way to do it through chromatographic purification.
The use of this special ventilator has been permitted to be used as an emergency resuscitator during COVID19.
CRISPR gene editing was just used successfully on a squid—marking a milestone in the study of these creatures as potential model organisms in genetic research.
5-Year Market Forecasts
Check out our recently published industry reports in Life Science. You can download complimentary overviews of each:
The AI market, which includes hardware, software and services, is forecast to rise rapidly, with a 51.9% CAGR, through 2025
The global pharmaceuticals market was valued at USD 1.06 billion in 2019 and should reach USD 1.520 billion by 2024, growing 7.5% annually.
The global market for COVID-19 diagnostics is currently worth USD 60.3 billion and is projected to grow from USD 84.4 billion in 2021, growing 15% annually.
The global market for cell culture should grow from USD 10.3 billion in 2020 to USD 14.8 billion by 2025, at 7.5% annually.
The global market for life science tools—including cell and gene therapy tools—should grow from USD 6.5 billion in 2019 to reach USD 9 billion by 2024, growing 8.5% annually.
The global market for ICU equipment should grow from USD 10.6 billion in 2020 to USD 18.5 billion by 2025 at 11.8% annually.
The market for AI software, hardware and services related to HIV/AIDS is forecast to reach USD 920 million in 2025, growing at a high CAGR of 41.7%.
The global market for CPAP devices market should grow from USD 3.3 billion in 2019 to USD 4.5 billion by 2024, growing 6.2% annually.
As these reports are part of our Life Science Collection, we’re happy to provide you with a 48-hour trial so you can take a look at all the additional reports. Just explore our collection and contact firstname.lastname@example.org for a free trial.
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