Sequencing by Synthesis to register the fastest growth in the next-generation sequencing market by 2025|Meticulous Research®

Meticulous Research®– leading global market research company published a research report titled “Next Generation Sequencing Market by Type (Consumables, NGS Platform, Software), Sequencing Type (Whole Genome, Targeted), Technology (Sequencing by Synthesis, Sequencing by Ligation), Application (Clinical, Research), End User – Global Forecasts to 2025”.

According to this latest publication from Meticulous Research®, the global next-generation sequencing market is expected to grow at a CAGR of 16.2% from 2019 to reach $10.35 billion by 2025. The growth in the next-generation sequencing market is mainly attributed to technological advancements in sequencing procedures, surge in genome mapping programs, and increase in drug discovery platforms demanding NGS technology. In addition, increasing number of government initiatives for large-scale genomic sequencing projects and emergence of cloud computing as a potential data management service supports the growth of this market. However, lack of skilled professionals, specifically in developing countries is expected to restrict the growth of this market to a certain extent.

The global next-generation sequencing market study presents, historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025-by product type (consumables, NGS platforms/instruments, software, services), sequencing type (Whole Genome Sequencing (WGS), Whole Exome Sequencing (WES), targeted sequencing), technology (Sequencing by Synthesis (SBS), Ion-Semiconductor Sequencing, Single Molecule Real Time (SMRT), Sequencing by Ligation (SBL), Nanopore), application (clinical, research), end user (clinical diagnostic laboratories, pharma & biotech, academic & research institutes), and geography. The study also evaluates industry competitors and analyzes their market share at the global and regional level.

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Based on product type, the consumables segment accounted for the largest share of the overall next-generation sequencing market in 2019 and is slated to grow fastest during the forecast period. The large share of this segment is mainly attributed to increasing number of sequencing procedures done in diagnostic laboratories and recurrent use of consumables in sequencing procedures.

Based on sequencing type, targeted sequencing segment is expected to account for the largest share of the overall next-generation sequencing market in 2019. The large share of this segment is mainly attributed to higher sensitivity of the technique to call variants, low sequencing costs as compared to other sequencing technologies, and ability to generate manageable data volumes with reliable results. On the other hand, whole genome sequencing segment is slated to grow at the fastest CAGR during the forecast period, due to growing investments in whole genome sequencing projects by governments to study population genetics and increasing research activities to develop personalized medicines.

Based on technology, sequencing by synthesis (SBS) segment is expected to account for the largest share of the overall next-generation sequencing market in 2019. This is also the fastest growing market segment during the forecast period. The large share of this segment is mainly attributed to high accuracy in DNA sequencing, highest yield of error free throughput, and growing incorporation of this technology in NGS instrumentation.

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Based on application, clinical application segment is expected to account for the largest share of the overall next generation sequencing market in 2019 and is poised to grow at the fastest CAGR during the forecast period. The large share of this segment is mainly attributed to rising incidence of cancer, growing prevalence of genetic disorders in infants, and use of NGS technology in diagnostic procedures to make firm clinical decisions. Clinical applications segment of next-generation sequencing technologies is further segmented into oncology, reproductive health diagnostics, cardiovascular, and other applications.

Based on end user, the clinical diagnostic laboratories segment is expected to account for the largest share of next-generation sequencing market in 2019. This segment is also expected to grow at the fastest CAGR during the forecast period. The growth in this market is primarily attributed to increasing volume of diagnostic procedures performed in clinical diagnostic laboratories, growing adoption of next-generation sequencing products among clinical laboratories, and growing inclination towards genetic analysis in disease diagnosis to provide tailored treatments for patients.

This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and RoAPAC), Latin America, and Middle East & Africa. North America accounted for the largest share of the global next-generation sequencing market, followed by Europe and Asia Pacific. However, next-generation sequencing market in Asia-Pacific region is expected to register the fastest CAGR during the forecast period. Growth in this market is expected to be driven by increased investments to enhance accessibility of healthcare services, improved healthcare infrastructure, and continuous growth in drug discovery programs. In addition, government initiatives and investments towards genome sequencing and launch of various research initiatives for the development of personalized treatment are expected to drive the market growth in the Asia Pacific region during the forecast period.

Key Players

The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2016-2019). The key players profiled in the global next-generation sequencing market report are Illumina, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Qiagen N.V. (Netherlands), PerkinElmer, Inc. (U.S.), F. Hoffmann-La Roche AG (Switzerland), 10X Genomics, Inc. (U.S.), Pacific Biosciences of California, Inc. (U.S.), Oxford Nanopore Technologies Ltd (U.K.), Beckman Coulter, Inc. (U.S.), GenapSys, Inc. (U.S.), New England Biolabs, Inc. (U.S.), PierianDx (U.S.), and BGI Genomics (China).

Key questions answered in the report-

• Which are the high growth market segments in terms of product type, sequencing type, technology, application, end user, and regions/countries?
• What was the historical market for NGS across the globe?
• What are the market forecasts and estimates for the period 2019-2025?
• What are the major drivers, restraints, challenges, opportunities, and trends in the global NGS market?
• Who are the major players in the global NGS market?
• How is the competitive landscape and who are the market leaders in the global NGS market?
• What are the recent developments in the global NGS market?
• What are the different strategies adopted by the major players in the global NGS market?
• What are the geographical trends and high growth regions/ countries?

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Smart home, smart speakers, and autonomous & connected cars encouraging the demand for voice & speech recognition technology

The idea of speech and voice technologies no longer belongs to a Sci-Fi philosophy and are set to influence billions of users in the coming years. It is expected that over the coming years, there will be more voice-enabled devices than people on the planet as the enthusiasm among consumer is swiftly increasing with respect to massive adoption of advanced voice-enabled devices. The global speech and voice recognition market is expected to grow at a CAGR of 17.2% from 2019 to 2025 to reach USD 26,795.7 million by 2025.

The growth of the speech and voice recognition market is primarily driven by factors, such as increasing demand for voice-activated devices across diversified applications including smart speakers, autonomous and connected cars, smart homes, smart wearable gadgets, smartphones, hospitality, healthcare, and consumer electronics among others. Rising demand along with boosting customer confidence, increasing usage of voice assistants particularly for online purchasing of products such as grocery, apparels, homecare, and electronic appliances, ordering a meal, playing music, shopping, and navigation among others are also supporting the overall growth of voice and speech recognition market.

speech and voice recognition market 

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Furthermore, increasing adoption of voice-enabled teaching aid and evaluation system in education sector; integration of in-car infotainment systems; growing adoption of voice-biometric technologies particularly in BFSI, enterprise and government sector has been witnessing a rapid growth in the growth of speech and voice recognition market.

Key players

The key players in this market including Nuance Communications (U.S.), Google LLC (U.S.), Apple, Inc. (U.S.)., Amazon.com, Inc. (U.S.), Microsoft Corporation (U.S.), IBM Corporation (U.S.), iFlytek (China), Baidu (China), LumenVox LLC (U.S.), Sensory, Inc. (U.S.), Sestek (Turkey), and Dolbey Systems, Inc. (OH) among others.

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Key questions answered in the report:

Growing use of voice biometric systems will propel the speech and voice recognition market

• What factors are responsible for the increasing demand forvoice-enables biometric security systems?
• Who are the major players in the voice recognition marketand what strategies do they employ?
• How voice biometric system can help to reduce issues associated with access control?

Increasing integration of voice-enabled in-car infotainment systems are witnessing a healthy growth across the global speech and voice recognition market

• How will recent or ongoing technological developments in the automotive industry affect the voice and speech recognition technologies market?
• What strategies are being adopted by the key players in various regions/countries?
• Which geographic segment is expected to experience the fastest growth in terms of smart speaker adoption?

Speech and Voice Recognition market holds significant growth opportunities in developing countries

• Which geographic region is expected to experience the fastest growth rate?
• What factors are contributing to the rapid expansions in the developing countries?
• What are the geographical trends and high growth rate regions/countries?

Recent partnerships, acquisitions, and expansions have taken place in the global speech and voice recognition market

• What companies have recently merged/acquired and how will these affect the competitive landscape of the speech and voice recognition market?
• What companies have created partnerships and how will these partnerships promote a competitive benefit?
• Who are the key players in the global voice and speech recognition market and what share of the market do they hold?

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Rising Focus of Government on Developing and Implementing Policies and Initiatives Drive the Environmental Monitoring Market Globally

Environmental monitoring, a process for systematic sampling of air, water, soil, and biota is done to characterize and monitor the quality of the environment forestablishment of environmental baselines, testing of environmental modeling processes, and preparation of environmental impact assessment. Today, environmental pollutions of all kinds is on the rise mainly due to growing industrialization and urbanization across the globe. Deteriorating environmental situation is driving governments across the globe to take critical measures to monitor and control environmental pollutions to the best possible extent. This is also driving greater public and private funding for environmental research and also for installations of environmental monitoring stations.

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Environmental monitoring

Government regulations and policies play a key role in determining and improving the state of country’s environment. As no single policy can provide solutions to all problems, policies like Paris Climate agreement and Agenda 2030have broadened gradually to address the increasingly complex environmental issues to meet the emission reduction targets in coming years.

Environmental monitoring
Today, governments and regional associations across the globe are taking actions to accelerate their investments towards environmental sustainability.The Asian Development Bank (ADB) assists its members and partners by providing loans, grants, and investments to promote social and economic development. ADB is investing $80 billion in climate finance between 2019 and 2030 to address climate change mitigation and adaptation by 2030.
Other latest initiatives in this regard are –

• In March 2016, the Australian government announced the creation of a new is Australian Dollar 1 billion Clean Energy Innovation Fund.
• The GreenTech Malaysia, the organisation which comes under Ministry of Energy, Science, Technology, Environment & Climate Change of Malaysia, funded 165 projects through Green Technology Financing Scheme since 2010.
• In Germany, EUR 2 billion is found to be invested in the third renewal of the “research for sustainability (FONA)” program for the period 2015-2020 to encourage innovations in various environment related issues.
• In Spain, 62 Clima projects and programs were funded by the Carbon Fundin 2017 with the aim to reduce carbon emissions.
• “Japan Climate Initiative (JCI)” was launched in October 2018 by over 100 Japanese companies, local governments, research institutions, and NGOs to build a decarbonized Japanese society.
• In China, the Soil Pollution Prevention and Control Law, which is an independent legal framework for soil pollution, took effect on January 2019. This helps to reduce soil pollution and sustain the environment.

The above mentioned factors strongly indicate the increase in government policies and initiatives to minimize environmental pollution levels and the relative rise in public-private investments towards environmental sustainability through environmental monitoring. Therefore, rising focus on environmental monitoring are rapidly driving the growth in the environmental monitoring market, which is expected to grow at CAGR of 7.5% to reach $21.08 billion by 2025, according to the Meticulous Research^®.


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Online Language Learning Market Worth $10.5 Billion by 2025

Meticulous Research^®– leading global market research company published a research report titled “Online Language Learning Market by Product (Course, Solution, Support), Type (English, French, Spanish, Mandarin, Arabic, Japanese, Italian, German), End (Individual, Corporate, Educational Institution, Government Institution)- Global Forecast to 2025”. According to this latest publication from Meticulous Research^®, the global online language learning market is expected to grow at a CAGR of 13.1% from 2019 to reach $10.5 billion by 2025. The growth in online language learning market is mainly attributed to the globalization and growing need for communication across borders, growing E-learning market, and rise in number of online language learning start-ups. Moreover, technological advancements, flexible pricing structure, and growing competition are the major trends in this market. However, high cost of implementation and regulations pertaining to data security and privacy are the key factors expected to hinder the adoption of online language learning products and services.

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Online Language Learning Market

Growth Prospects in Online Language Learning Market
The global online language learning market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025-by product (courses, solutions, and support), by type (English, French, Spanish, Mandarian Chinese, German, Italian, Arabic, Japanese, Korean, and Other language), end user (individual learners, corporate learners, educational institutions, and government institutions), and geography. The study also evaluates industry competitors and analyzes the market at a regional and country level.
Based on product, the courses segment is estimated to account for the largest share of the overall online language learning market in 2019. The growing need for higher level skills in the workforce, an increasingly diverse student population, globalization, and the demand for lifelong learning are the key factors attributed to rising demand for multiple language learning courses.
Based on language type, English language is estimated to account for the largest share of the overall online language learning market in 2019. The large share of this segment is mainly attributed to the growing need of learning English for businesses to communicate with customers, employees, and officials in the target market.

On the basis of end user, the individual learners segment is estimate to hold the largest share in the global online language learning market in 2019. This is primarily attributed to growing demand for second language learning, need for personalized content, rising number of enrollments in foreign universities, and growing trend to find better opportunities in foreign countries.
This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia, Poland, the Netherlands, Belgium, Sweden, Austria, Switzerland, Finland, Norway, Turkey, Ireland, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Taiwan, Hongkong, New Zealand, and RoAPAC), Latin America (Brazil, RoLATAM), and Middle East & Africa (Saudi Arabia, and others).

Geographically, Europe commanded the largest share of the global online language learning market, followed by North America and Asia Pacific. However, Asia Pacific region is expected to grow at the highest CAGR during the forecast period. Growth in this market is expected to be driven by emerging economies in the region, rising enrolment in online higher education, influx of multinational companies, significant young population looking for better job opportunities, increasing penetration of smartphones, increasing digitization of content, government initiatives for national online education networks, and shortage of teachers in rapidly developing countries.

The key players operating in the global online language learning market are Berlitz Corporation, Rosetta Stone Inc., Memrise Inc., Inlingua International Ltd., Sanako Corporation, Duolingo Inc., Lesson Nine GmbH, Busuu Ltd, WeSpeke Inc., iTutor Group, Open Education LLC, and Linguistica 360, Inc. among others.
Key questions answered in the report-

• Which are the high growth market segments in terms of product, type, end user, and region/countries?
• What was the historical market for online language learning across the globe?
• What are the market forecasts and estimates for the period 2019–2025?
• What are the major drivers, restraints, challenges, and opportunities in the global online language learning market?
• Who are the major players in the global online language learning market?
• How is the competitive landscape and who are the market leaders in the global online language learning market?
• What are the recent developments in the global online language learning market?
• What are the different strategies adopted by the major players in the global online language learning market?
• What are the geographical trends and high growth regions/ countries?

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Corn- The Most Valuable Raw Material For Modified Starch Production

Corn is the leading source of starch extraction. The corn plant has large capacity for efficiently converting large amounts of radiant energy from the sun into stable chemical energy. This energy is stored as cellulose, oil, and starch in the corn plant and in the corn kernel. The corn plant is also one of nature’s greatest multipliers. Approximately, four months after planting, a single kernel of corn weighing about one-hundredth of an ounce yields around 800 kernels, weighing eight ounces. In comparison to this 800-fold seed multiplication in corn, wheat produces around 50-fold yield per seed planted. In addition, around 70 -75% starch is present in the corn.
The modified starch market study, published by Meticulous Research^®, can be accessed at: Modified Starch Market- Global Forecast To 2022

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  Modified Starch Market- Global Forecast To 2022

The corn production has been significantly increased in the world in recent years. As per the United States Department of Agriculture (USDA), in 2016-17, the total production of maize was 40,861 million bushels in the world. Out of that, 14,586 million bushels are processed for various segments and only 1.7% (250 million bushels) is used for starch production. This indicates a huge availability of corn for the starch production.

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The growth in the consumption of convenience foods and growing textile and paper industries has created a high demand for corn starch production across the globe. This has led to an increase in sales of corn starch around the world, especially in the Asia pacific region.  The growing demand for corn starch in this region is due to the fact that maize starch and starch derivatives are cheaper and more applicative alternative to various chemical agents and sweeteners.
Recently, Meticulous Research^® published a comprehensive report on “Modified Starch Market – Global Forecast to 2022”. According to Meticulous Research^® estimates, the global modified starch market is projected to be valued at more than USD 14 billion by 2022.

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Food Industry Ensures A Promising Assistance To Flexible Packaging Market Growth

Food security has become one of the most complex challenges today with an increasing population demanding a sustainable, nutritious, and affordable high-quality food. According to the Food and Agriculture Organization (FAO), the carbon footprint of food spoilage is estimated at 3.3 gigatonnes of CO₂. Also, food wastage often occurs before the food reaches to consumer. The U.S. Environmental Protection Agency credits food wastage as the second-largest component of solid waste in developed countries.

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Packaging can reduce food waste by extending the shelf life and ensuring consumers can buy smaller quantities. Packaging in food industry is unique in the sense that it allows the content inside product to stay fresh and safe for consumption, even after long hours of shipment and distribution. For this reason, certain products will require specific types of packaging materials that protects them against temperature and manhandling. The primary factors that trigger food spoilage are – light, moisture, development of microbes, temperature, and oxygen retention. Flexible packaging addresses four out of these five challenges to a great extent.


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According to the Industry Council for Research and Packaging on the Environment, flexible plastic packaging increases the shelf life and helps reduce in-store waste from 3% to less than 1%. By extending the lifecycle of food and protecting it against spoilage, flexible packaging can provide a solution for decreasing the burden on the ecosystem with provisions that are nutritious and safe to consume.
The packaging industry is booming at a rapid pace with its growing adoption in every industry from manufacturing companies to the retail outlets. The larger chunk is being from the food and beverage industry, contributing approximately 50% of the total packaging market. However, the competing shelf-space of the food products and the irresistible increase in e-commerce shopping and shipping has ensured reconsidering the packaging solutions. The changing customer interactions with the products and the environmental implications have commissioned a rapid shift from rigid to flexible packaging, especially in the food and beverage industry.

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Further, the digital flexible packaging has drastically improved the food marketing presentation. It allows affordable short-run packaging for quick turnaround and also helps the manufacturers to promote their products conveniently. The extensive adoption of flexible packaging has benefitted the suppliers and manufacturers by creating a high quality, cost-effective flexible packaging product with maximized consumer appeal to expand their business and promisingly enclave their competition in the packaging world.
Thus, owing to the unique properties and increasing applications in food and beverage industry, flexible packaging market has been witnessing a rapid growth, which is expected to grow at CAGR of 3.7% to reach $243.7 billion by 2023, according to the Meticulous Research®.


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Explore the Future of Environmental Monitoring Market to be Worth $21.08 Billion by 2025 With the latest development and Trends

Meticulous Research^®– leading global market research company published a research report titled “Environmental Monitoring Market by Product {[Monitor (Fixed, Portable)], Sensors [Type (Analog, Digital), Component (Particulate, Chemical, Humidity, Noise), Software]}, Sampling Method (Continuous Monitoring, Active), Application - Forecast to 2025”. According to this latest publication from Meticulous Research^®, the global environmental monitoring market is expected to grow at a CAGR of 7.5% from 2019 to reach $21.08 billion by 2025.

Environmental Monitoring Market

                        

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The high growth of environmental monitoring market is mainly attributed to the increasing government funding, development of policies and initiatives to reduce environmental pollution levels, rising installations of environmental monitoring stations, and increased public awareness regarding the environmental pollution. The use of Internet of Things (IoT) technology and nanotechnology for environmental monitoring products and use of unmanned aerial vehicles for remote environmental sensing offer significant growth opportunities for the players operating in this market. However, high cost, trade barriers on environmental technologies, and slow adoption& implementation of pollution control policies in emerging countriesare the key factors expected to hinder the adoption of environmental monitoring products over the coming years.

Key Market Segments to Watch

The global environmental monitoring market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025-by Product{[Monitor (Fixed, Portable)], Sensors [Type (Analog, Digital), Component (Particulate, Chemical, Humidity, Noise), Software]}, Sampling Method (Continuous monitoring, Active), Application.The study also evaluates industry competitors and analyzes the market at regional and country level.

On the basis of product, the environmental monitoring sensorssegment accounted for the largest share of this market in 2018. The large share of this segment is mainly attributed toease of equipment handling and their advantages such as operational flexibility, versatility, small equipment size, low maintenance cost. The growth in this market is driven by growing adoption of environmental monitoring technologies among different industry segments and technological advanceslike miniaturization of sensors and sensor components. Among the environmental monitoring sensorsmarket by component, particulate detectionsegmentaccounted for the largest share in 2018. The rising levels of atmospheric particulate matter-PM2.5 and PM10 in the air, rise in air pollution due to increasing industrialization and urbanization, and increasing government restrictions to prevent air pollutants from exceeding the prescribed limits supported the largest share of this segment in 2018.

On the basis of sampling, the continuous monitoringsegment accounted for the largest share of this market in 2018. The large share of this segment is mainly attributed to their adoption owing to its ability to analyze the pollutants at a faster rate, to detect the increasing or decreasing pollutant concentration within time, ability to ensure fast corrective action, increased public access to information, and improved control over the impacts on the environment.

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On the basis of application, air pollution monitoring segment accounted for the largest share of the globalenvironmental monitoring market in 2018.The large share of this segment is attributed todevelopment of environment-friendly industries, increasing public awareness related to the environmental and healthcare implications of air pollution, and increasing public-private funding towards development of air pollution monitoring technologies. Also, the growing pressure on governing bodies to put forth strict guidelines and regulations to control air pollutionfrom rapid industrializationis supporting the growth in this segment.

This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (Japan,China, India, and RoAPAC), Latin America, and Middle East & Africa. North America commanded the largest share of the globalenvironmental monitoring market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific region is expected to grow at the highest CAGR during the forecast period due toincreasing implementations of environmental monitoring and protection policies from governments in the region, and increasing compliance from industrial facilities towards environmental monitoring regulations laid down in respective countries.

The key players operating in the global environmental monitoring market areHoneywell International Inc., Teledyne Technologies Incorporated, Merck KGaA, Siemens AG, General Electric, HORIBA, Ltd, ACOEM Group, Agilent Technologies, Inc., Thermo Fisher Scientific Inc., Danaher Corporation, TE Connectivity, Emerson Electric Co., Shimadzu Corporation, and Testo SE & Co. KGaA.

Key questions answered in the report-

• Which are the high growth market segments in terms of product, sampling, application,and region/countries?
• What was the historical market for environmental monitoring across the globe?
• What are the market forecasts and estimates for the period 2019-2025?
• What are the major drivers, restraints, opportunities, and trends in the global environmental monitoringmarket?
• Who are the major players in the global environmental monitoringmarket?
• How is the competitive landscape and who are the market leaders in the global environmental monitoringmarket?
• What are the recent developments in the global environmental monitoringmarket?
• What are the different strategies adopted by the major players in the global environmental monitoringmarket?
• What are the geographical trends and high growth regions/ countries?

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