Insights from BCC Research

8 Markets In Life Science You Should Know

Life Science

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:

Artificial Intelligence in Cancer

The AI market, which includes hardware, software and services, is forecast to rise rapidly, with a 51.9% CAGR, through 2025

Pharmaceutical Pricing and Reimbursement: Global Markets

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.

COVID-19 Diagnostics: Global Markets

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.

3D Cell Cultures: Technologies and Global Markets

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.

Cell and Gene Therapy Tools, and Reagents: Global Markets

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.

Intensive Care Unit Equipment: Global Markets

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.

Artificial Intelligence in HIV/AIDS

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%.

Continuous Positive Airway Pressure Devices: Global Markets

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 info@bccresearch.com for a free trial.

Need Something Different From 5-Year Market Forecasts?

We can give you Benchmarking data (including the market impact of COVID19) that will help pivot in your business, inform your current projects and more.

Think recurring, drilled-down metrics to help you make day-to-day decisions in your company, as opposed to our broader reports that provide 5-year market forecasts.

Here’s an example. Maybe you need to know the price of Purell travel-size hand sanitizer in 2019 v. 2020; the number of units sold in Massachusetts in 2019 v. 2020; and the retailers who sold the most units in that timeframe.

Our Benchmarking analysts will find that data, put it into whatever format you prefer, deliver it right to your inbox and update it as often as you like.

Yep, we can get that specific—and even moreso if needed. Think of BCC Benchmarking as a trusted partner who finds and hands you the data you need to run your company, give to your boss, make decisions and more.

Written by Sarah Greenberg on Sep 14, 2020 11:00:00 AM

Sarah Greenberg is the Senior Content Strategist at BCC Research. She creates our blog, social media and email content.

Topics: Life Sciences