Active Pharmaceutical Ingredients (API) Market to Reach $258.6 Billion by 2027

Active pharmaceutical ingredients (APIs) are active ingredients or substances that produce a positive health effect on the patient to cure a specific condition or disease. Some medications, like combination therapy, contain several APIs that may work differently or address various symptoms. Hence, APIs are of great importance in both pharmaceutical and biopharmaceutical industries for drug and therapeutics manufacturing.

Topics: Pharmaceuticals Industry Insights

$8.8 Billion U.S. Medical Weight Loss Market Poised for Future Growth

The tide has turned to a greater focus on medical weight loss programs, many of which are now using the new obesity drugs. The big story of 2022 has been the soaring demand for new drugs such as Wegovy, Ozempic, and Saxenda, with more new drugs coming soon.

Topics: Pharmaceuticals Healthcare Industry Insights

Nucleic Acid Sample Preparation: A Key Driver in the Advancement of Molecular Biology

Nucleic acid sample preparation is a crucial part of molecular biology research as it lays the foundation for downstream molecular biology applications. The quality and quantity of the purified DNA or RNA obtained from the biological sample determine the success of subsequent experiments.

Topics: Diagnostics Industry Insights

E-bike Market Growth Accelerates: Examining the Factors Driving the Surge

Electric bikes (e-bikes) are helping to define the future of the bicycle market. They have developed technological breakthroughs that have been noticed by manufacturers and suppliers of the automotive industry. The category has also achieved unprecedented sales in major world economies for the past several years.

Topics: Transportation & Shipping Industry Insights

Global Aircraft Landing Gear Market Soars to New Heights

The global aircraft landing gear market is expected to grow from $13,348.5 million in 2023 to $19,538.5 million in 2027 at a compound annual growth rate (CAGR) of 10.4%, according to a new report from The Business Research Company titled The Aircraft Landing Gear Global Market Report 2023.

Topics: Transportation & Shipping Industry Insights

Direct Air Capture: A Technology That Can Help Save the Planet

Climate change is a global problem that requires urgent action. Carbon dioxide removal (CDR) is an emerging strategy to combat the adverse effects of climate change.

Topics: Energy & Resources Industry Insights

Global Biopharmaceutical Market to Grow to Over $600 Billion by 2028

The biopharmaceutical sector is one of the most innovative industries in the world that has contributed significantly to developing novel drugs and vaccines for the treatment, prevention, and diagnosis of various diseases and disorders, such as cancer, neurological diseases, and metabolic disorders.

Topics: Pharmaceuticals Industry Insights

U.S. Weight Loss Market Partially Recovers from the Pandemic

The U.S. weight loss market has grown 16% from 2020, to $75 billion, recovering much of the ground lost to the Covid-19 pandemic. However, many competitors have had to shift to virtual delivery of services, changed their operating models, and are just now recovering from supply chain disruptions.

Topics: Food & Beverage Industry Insights

Is 2023 the Year When Green Hydrogen Will Take Off?

In a world full of pollutants, concerns about sustainability, and the aim to carry zero-carbon footprints, green hydrogen is serving as a ray of hope for a healthy, green world.

Topics: Energy & Resources Industry Insights

Growing Application of Artificial Intelligence in End Use Sectors

Artificial Intelligence and its application are endless. Along with technologies such as machine learning and deep neural network, artificial intelligence can be applicable in different industry sectors to generate maximum output.

Topics: Software & Enterprise Computing Industry Insights