With a CAGR of 5.4% between 2017 & 2021 Innovative Warehousing technologies are changing the warehousing ecosystem for good. Is it a feasible solution for long term growth? – Ken Research

 1. Increasing demand for cold chain facilities coupled with investments in automated warehousing facilities are gaining traction in UAE warehousing market.

Interested to Know More about this Report, Request a Free Sample Report

Manufacturers and logistics companies are adopting advanced technologies for improved productivity & efficiency, improved customer experience, pushing advanced inventory control high up the industry agenda and sharpening cost-control, space optimization and competitiveness. Increasing demand for food quality, availability, and delivery has resulted in the rising importance of cold chain warehousing facilities in the global food distribution sector. Moreover, increasing demand for food quality, availability, and delivery has resulted in the rising importance of cold chain warehousing facilities in the global food distribution sector.

2. Increased Automation due to rising Investment in Newer Technologies is driving the demand for Modern Warehouses in UAE

Visit this Link:- Request for custom report

Next generation supply chains in UAE are utilizing robotics and automation to perform task such as picking, sorting, inspecting, handling to improve overall efficiency and speed to market. Some warehouses are turning to autonomous vehicles to bring merchandise to sortation while Drones & RFID will be used for Inventory Management. The opportunities seem endless which will result in greater efficiency and productivity.

For more insights on market intelligence, refer to the link below: –

UAE Logistics Market Report

The Global Industrial Packaging Industry generated $ 60 Bn revenue in 2022-How will the market further shape in future? Ken Research

 Buy Now

Increasing industrialization, growing e-commerce sector, shift towards sustainable packaging and Healthcare industry expansion are major factors contributing towards development of Global Industrial packaging Market.

1. The COVID-19 pandemic has had both positive and negative impacts on the Industrial Packaging Market.

Interested to Know More about this Report, Request a Free Sample Report

There is growing demand for customized packaging. Industries are increasingly adopting customized packaging solutions to meet specific product requirements and enhance brand differentiation. Customization offers benefits such as improved product presentation, better shelf visibility, and enhanced consumer engagement. The healthcare industry's growth, driven by an aging population, advances in medical technology, and increasing healthcare spending, has contributed to the demand for specialized packaging solutions for pharmaceuticals, medical devices, and healthcare products.

2. Recycling and environmental concerns associated with the Industrial Packaging Market.

Visit this Link:- Request for custom report

According to the World Economic Forum, every year, at least 8 Mn tons of plastic leaks into the ocean, which is equivalent to dumping the contents of one garbage truck into the ocean every minute. This is expected to increase to two per minute by 2030 and four per minute by 2050, which can destroy the ecosystem. About 90% of all the trash in the oceans is from plastic. Estimates suggest that industrial packaging represents the major share. Hence, recycling becomes a major challenge in the industrial packaging industry, which provides re-use value, and results in lower wastage.

3. The role of Government around the world in Global Industrial Packaging Market

Governments around the world are implementing regulations to ensure that industrial packaging materials are safe for consumers and the environment. These regulations are observed to boost the production of industrial packaging in a sustainable way. Along with the rising demand for sustainable packaging solutions from multiple industries, technological advancements in packaging solutions are observed to fuel the market’s growth. Technological advancements have led to the development of new packaging materials, such as biodegradable and compostable materials, which are environmentally friendly and have better properties than traditional packaging materials.

For more insights on market intelligence, refer to the link below: –

Global Industrial Packaging Market

 

UAE’s Logistics Market to grow at the rate of 7.5% in the upcoming period between 2021-2026 owing to government initiatives such as Expansion of sea ports alongside technological innovations such as Real-Time Tracking : Ken Research

 Buy Now

History of steady growth alongside a positive future forecast provides UAE’s logistics Market increasing confidence & interest of stakeholders, says a report by Ken Research

1. Expansion of existing sea ports, emergence of e-commerce sector coupled with rising maritime, air cargo & land transport sector serves as major catalyst for the growth and development of logistics industry in UAE.

Download a Free Sample Report

The government of UAE is aiming to establish it as a Logistics Hub by huge investments in the infrastructure. Initiatives such as development of sea ports (USD 1.09 Billion to enhance logistical infrastructure for serving trading operations) alongside a growing pharmaceutical & maritime industry will help UAE government to achieve the economic growth targets by 2040. The country’s strength lies mainly in its maritime sector. As per relevant data, the Bunker Supply Index ranked UAE 3^rd globally in transport services and 5^th globally as a key competitive maritime hub. As of 2022, there were more than 10 million cubic meters of crude and oil products storage capacity at Fujairah, making Fujairah the world’s No. 3 bunkering hub, which contributes in strengthening UAE’s position as a reliable supplier of crude oil. All in all, the country has a huge potential when it comes to expansion of its logistics sector.­­­­

Visit this Link:- Request for custom report

2. “Integrating Technology to market’s growth prospects:” With the increasing technological innovations and advancements across the world, logistics sector in UAE is also getting benefitted.

Technology options such as Real Time Tracking, Control Tower, smarter operations & greater service quality serve as a major benefit for UAE’s Logistics Market. A major benefit of technologies such as warehouse Management System is that) it further optimizes and accelerates key warehousing tasks by directing receiving, put-away, picking, packing, shipping and space utilization along optimized routes is that they have a large Shipper and Trucker Base and offer services such as Freight Listing, Freight Brokerage and Online Transactions to earn revenue. All in all, technological innovations are anticipated to be inculcated deep into the logistics systems in UAE.

For more insights on market intelligence, refer to the link below: –

Technological Trends in UAE’s Logistics Market

 Buy Now

Global Lubricants Market by Type of Lubricant (Automotive Lubricant)

The Global Automotive Lubricants market is segmented by type of lubricant into Passenger oil, heavy duty diesel engine oil, hydraulic oil, gear oil & greases. Motor oil is projected to dominate the Global lubricants market in the upcoming years.

Global Lubricants Market By Type Of End Use (Industrial Lubricant)

The Global Industrial Lubricants market is segmented by type of end use into Metal production, general manufacturing, food industry, commercial & others. Transportation is anticipated to be the largest end –use industry. The high demand can be attributed to high demand in railway, aviation & marine sector.

To Know More about this report, download a Free Sample Report

Global Lubricants Market by Type of END USE (Automotive Lubricant)

The Global Automotive Lubricants market is segmented by type of end use into Commercial vehicle, passenger car, motor cycle, marine, others. Commercial segment is expected to grow at a fast pace. Reason being, rapid industrialization.

Competition Scenario In Global Lubricants Market

The Global Lubricants market is consolidated with major players occupying almost half of the market. The key players operating in the market are not only competing based on product quality and promotion but are also focusing on strategic moves to hold larger market shares. The major companies dominating the Global Lubricants market for its products, services, and continuous product developments are Castrol, Saudi Aramco, Chevron, Gulf, Fuchs, Petromin, Valvoline, Total Energies among others.

What is the Expected Future Outlook for the Global lubricants Market Across the globe?

The Global lubricants market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global lubricants market is driven by is driven by rapid industrialization, rise in process automation in most of the industries & an increase in the number of on-road vehicles. Moreover, an ever-evolving e-commerce sector & demand for renewable energy serve as major opportunities for the market. However, volatile crude oil prices & environmental norms can possibly hinder the market growth.

Visit This link:- Request for Custom Report

The Global Lubricants market is expected to grow at a steady rate during the period 2022-2027. The market is driven by rapid industrialization, rise in process automation in most of the industries & an increase in the number of on-road vehicles. Moreover, an ever-evolving e-commerce sector & demand for renewable energy serve as major opportunities for the market. However, volatile crude oil prices & environmental norms can possibly hinder the market growth. The rising possession of passenger cars & rapid industrialization is expected to contribute to the market growth over the forecast period. The market is expected to grow at a ~% CAGR during 2022-2027 owing to high penetration with multiple players.

Key Target Audience

• Lubricants Manufacturers
• Lubricants Distributors
• Base-oil Companies
• Additive Companies
• Refining Companies
• Construction and Mining Industry
• General Manufacturing Industry
• Metal Production Industry
• Power Generation Industry
• Food Processing Industry
• Agriculture Industry
• Medical Industry
• Automotive OEMs

Time Period Captured in the Report:

• Historical Period:2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027

For more insights on the market intelligence, refer to the link below:-

Global Lubricants market

Follow Us

Facebook | Twitter | LinkedIn | Instagram

 

Spicing Up the Plate: India’s Packaged Food Market Sizzles as Ready-to-eat Delights Take Center Stage – Ken Research

 The desire for convenience items driven by busier lifestyles is consistently giving India's packaged food industry a big boost. Due to the introduction of modern technology, as well as other developments like urbanization, busier lifestyles, a rise in the number of women working, and the growth of nuclear families, Indian cooking methods have seen significant changes in recent years. To save time on meal preparation, people are increasingly turning to ready-to-eat food options. People are becoming more aware of the health and sanitary standards linked with food products due to increased media exposure, literacy rates, and standards of living. Recently, especially in urban and semi-urban areas, there has been a movement in the customers' priorities from price to quality. The consumption of hygienically packaged fortified foods has been replacing openly or loosely offered food goods.

Here is an overview of India’s Packaged food industry directly from the Ken Research exclusive report. Read out to know the exciting trends and future possible opportunities in the market.

1. India is classified as an emerging and developing country (EDC) which is currently experiencing rapid economic development changes leading the country to be one of the largest economies

Request a Call with Expert to know more about the business model

2. In the country, there has been a noteworthy change in the eating habit in Metropolitan Cities. Due to the fast-paced life in urban cities, about 79% of the urban people prefer to have ready-to-eat food in their regular meal

3. Due to this, the packaged food market has seen multiple changes in terms of packaging or distribution along with an increasing number of supply-side entities to meet the rising consumption demands

4. Presently, India’s Packaged Food Market is driven by the changed consumer behavior over the years considering healthy substitutes, safety and hygiene, shelf life, and more

5. The market is anticipated to grow owing to the changes in the population growth trends with the rise in working population along with their rising preferences for packaged snacks food

Some of the Intelligence Curated by Ken Research in Packaged Food Market Space:

• Germany Packaged Food Industry Outlook to 2018 - Focus on Nutritional Food and Staples Market
• Vietnam Edible Oil Market Outlook 2026F driven by Rise in Disposable Income, Prevalence of Health Problems and Increasing Inclination towards Healthy Lifestyle
• Vietnam Pudding Market Outlook to 2025F – Driven by Robust Population of Millennial Consumers along with Proliferation of Food Tech Apps
• Thailand Frozen Foods Market Outlook to 2022 - By Type of Frozen Foods (Frozen Seafood and Meat, Frozen Ice-Cream and Desserts, Frozen Ready-to-Eat Meals and Frozen Processed Fruits and Vegetables) and By Cities (Bangkok, Phuket, Pattaya, Chiang Mai and Others)
• India Online Meat Delivery Market outlook to FY2027F - Driven by the assurance of safety and hygiene by the online players, new innovative product categories and doorstep express service

To Know more about this Whitepaper, Visit this link:-

India’s Packaged Food Market

The Global Pharmacy Retail Market Is Growing At A Robust CAGR In 2017-2022 And Is Expected To Be A $1 Trillion Market By 2027 – Ken Research

 Buy Now

Global Pharmacy Retail Market By Drug Type

The Global Auto Finance market is segmented By Drug Type into Patented Drugs and Generics.

Competition Scenario in Global Pharmacy Retail Market

The Global Pharmacy Retail Market is medium to highly competitive. Major players in the Pharmacy Retail market globally include Ahold Delhaize, Albertsons Companies Inc., Cipla, CVS Pharmacy, GlaxoSmithKline, Loblaw, Merck KGaA, Novo Nordisk and Sanofi, etc. Competition is expected to intensify by the end of the forecast period due to the lucrative opportunities available to various players in the market.

What is the Expected Future Outlook for the Overall Global Pharmacy Retail Market? 

The global Pharmacy Retail market was valued at USD 600 Bn in 2022 and is projected to reach USD 1 trillion by 2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

To Know More about this report, download a Free Sample Report

Changing disease profiles, innovative marketing strategies, the introduction of new business models and an upsurge in hospital-based pharmacies and wellness stores have been anticipated to propel thrust in the sales of pharmaceutical retail in the future. The growing incidence of chronic diseases like hypertension, diabetes, cardiovascular diseases, and cancer, which require prolonged medication, is expected to further drive the growth of the pharmacy retail market during the forecast period. With the rise in public healthcare expenditure, pharmaceuticals have become more accessible, thereby fueling the pharmacy retail market, especially in rural areas and tier-II cities.

Competition is projected to intensify in the coming years, particularly from big-box retailers and mail-order and online pharmacies. The pandemic motivated many consumers to use mail-order and online pharmacies to reduce their risk of exposure to COVID-19, some of whom will continue to use these services rather than go back to their local pharmacy. Payors have also steered consumers toward mail orders, such as by covering a 90-day supply of medications delivered to the home versus only a 30-day supply available at a brick-and-mortar pharmacy. Finally, Internet pharmacies are aggressively targeting cash-paying customers by offering medications at a reduced cost.

Moreover, the COVID-19 pandemic has accelerated the growth in traditional pharmacy retail outlets as well as online pharmacy channels. Globally, medical retail outlets were categorized as essential services, but online pharmacies emerged as the most dynamic channel for procuring drugs and devices because of the fear of the virus.

Visit This link:- Request for Custom Report

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Pharmaceutical Manufacturing Companies
• Pharmacy Retail Companies
• Independent Pharmacies
• Industry Associations
• Regulatory Bodies
• Telemedicine Companies
• Pharmaceutical Distributors & Wholesalers
  Time Period Captured in the Report
• Historical Period: 2017-2022
• Base Period: 2022
• Forecast Period: 2022-2027

Companies

Major Players Mentioned in the Report 

• Ahold Delhaize
• Albertsons Companies Inc.
• Cipla
• CVS Pharmacy
• GlaxoSmithKline
• Loblaw
• Merck KGaA
• Novo Nordisk
• Rite Aid
• Sanofi
• Walgreens Boots Alliance

For more insights on the market intelligence, refer to the link below:-

Global Pharmacy Retail Market

Follow Us

Facebook | Twitter | LinkedIn | Instagram

Stepping Up The Pharmacy Game In Australia: How Is The Market Booming With More Footfalls And Organic Expansion? – Ken Research

 Buy Now

Over the study period of 2015–20, Australia's retail pharmacy market had modest growth. The increase in the Australian pharmacy retail market has been aided by factors such as the rise in chemists, the proportion of an aging population, the number of healthcare issues, per capita healthcare spending, the number of insured patients, the PBS Scheme, etc. New South Wales, Victoria, and Queensland states have the highest customer traffic and the largest average basket sizes. The expansion of pharmacies in terms of the number of stores, services, and home drug delivery to patients throughout the nation all contributed to the market's growth.

In this edition, we’ll dig into all the supporting factors that have helped and will further support the growth of the Australia Pharmacy retail industry in the future.

1. Australia Retail Pharmacy is in its growing stage & has evolved over the years from Small Independent Pharmacies to Franchise & Banner Groups in Australia

2. Preference of Australians & No. of Prescriptions dispensed by Age Groups wherein >50% of medicines were dispensed for >65 Years of Population are the current Key Market Trends

3. Further, E-Health Services along with Consolidation of Pharmacy chain brands into Banner Groups is a Growing Trend in Australia

Request a Call with Expert to know more about the business model

4. Accessing different policies & dimensions in the Australia Pharmacy Retail Market will strength the Industry and will enable it to grow in the coming years

Some of the Intelligence Curated by Ken Research in Pharmacy Retail Market Space:

• Indonesia Pharmacy Retail Market Outlook to 2025 By Market Structure (Organized & Unorganized); By Region (West Java , East Java , Central Java , Jakarta , North Sumatra & Others); By Product Categories (Prescribed, OTC, Non-Pharmaceutical Products & Medical Equipment); By Therapeutic Areas; and By Product Type (Patented & Generic Drugs)
• Vietnam Pharmacy Retail Market Outlook to 2025-By Market Structure (Organized & Unorganized); By Region (North, South & Central); By Hospital-based & Street/Mall-based; By Product Categories (Prescribed, OTC, Non-Pharmaceutical Products & Medical Equipment); By Therapeutic Areas; and By Product Type (Patented & Generic Drugs)
• Thailand Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized & Unorganized Segment); By Region / Cities (Bangkok & its Vicinity, Central, South, Northeast, North, Eastern & West); By Product Categories (Prescribed, OTC, Non-Pharmaceutical Products and Medical Equipment); By Therapeutic Areas; and By Product Type (Patented & Generic Drugs)
• Taiwan Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized and Unorganized), By Region (Taipei Division, Northern Division, Central Division, Southern Division, KaoPing Division and Eastern Division), By Product Sales (Prescribed Medicines, OTC Products, Non Pharma Products and Medical Equipment’s), By Drug Type (Generic And Patented) and By Therapeutic Class
• Philippines Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized and Unorganized), By Location (Standalone and Hospital Based), By Region (North, Central and South), By Product Sales (Prescribed Medicines, OTC Products, Non Pharma Products and Medical Equipments), By Drug Type (Generic And Patented) and By Therapeutic Class

To Know more about this Whitepaper, Visit this link:-

Australia's retail pharmacy market

Global Used Vehicle Market Size & Share, Analysis, Trends By 2027 – Ken Research

 Buy Now

Competition Scenario In Global Used Vehicle Market

The global used vehicle industry is largely unorganized due to the preference of consumers towards stand-alone local, independent dealers or the ones located in used car exchanges, along with peer-to-peer sales, facilitated by online auto-classified platforms. The used vehicle market has witnessed the entry of various online classified portals and marketplaces in recent years. These players follow various different business models and aim to harness the untapped potential of the industry. Few players include True Vehicle, Inc, Lithia Motors, Inc., Group 1 Automotive, Inc., The HERTZ Corporation etc.

What is the Expected Future Outlook for the Overall Global Used Vehicle Market?

The Global Used Vehicle market was valued at USD 1.25 trillion in 2022 and is anticipated to reach USD 2.5 trillion by the end of 2027, witnessing a robust CAGR during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

To Know More about this report, download a Free Sample Report

The Global Used Vehicle market is driven by driven by Inflation, High price of new vehicles, Availability of used vehicles at lower prices are major factors contributing towards development of Global Used Vehicle Market. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

Government has ambitious plans to use digital technologies extensively to strengthen its services, processes, and decision making, as well as its ability to share data with constituents. Most consumers these days make used vehicle buying decision after searching online which necessitates synchronizing online and showroom experiences and sharing product information, offering sales support & servicing online. Online platforms can introduce an additional service wherein consumers can go through all the used vehicle auctions taking place around them or that are scheduled for the future. At present, there is not much used vehicle content on Tik-Tok and Snapchat. Currently, there is only 3% digital presence and it is expected to be around 22% in the future.

Visit This link:- Request for Custom Report

Dealerships are expected to introduce their own official website/platforms to showcase their used vehicle inventory. Online auto portals are expected to venture into omni-channel experiences & offer varied services such as vehicle subscription. Value-added services such as vehicle inspection, financing options, insurance, ownership transfer & more is expected to be a focus area for used vehicle dealers to provide a hassle-free experience to the buyers.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Used Vehicle Dealers
• Used Vehicle Equipment Manufacturers and Distributors
• Auto Portals
• Online Dealers
• Vehicle Showrooms
• Unauthorized Dealers
• Market Research and Consulting Firms
• Automotive Companies
• Vehicle manufacturing Companies
• Tourism Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report

• Historical Period: 2017-2022
• Base Period: 2022
• Forecast Period: 2022-2027

Companies

Major Players Mentioned in the Report

Leading companies

• TrueVehicle, Inc
• Lithia Motors, Inc.
• Group 1 Automotive, Inc.
• THE HERTZ CORPORATION
• Pendragon PLC
• Asbury Automotive Group, Inc.
• AutoNation, Inc
• VehicleMax Business Services LLC
• Cox Automotive
• Hendrick Automotive Group.
• Batfa Japan Inc.
• India Kawasaki Motors Pvt. Ltd.
• Droom, Motorbikes 4 All
• Triumph Motorcycles
• Yamaha Certified Pre-Owned
• Motohunt Inc.
• Blade Motorcycles
• Mundimoto Europe SL

For more insights on the market intelligence, refer to the link below:--

Global Used Vehicle Market

Follow Us

Facebook | Twitter | LinkedIn | Instagram

Unveiling India’s MBO 2 Wheeler Boom: Discover the Driving Forces Here! – Ken Research

 Buy Now

1. Indian 2W Market has multiple MBOs that either source their inventory from an authorized dealer by purchasing 2Ws or selling 2Ws on behalf of authorized dealers by keeping certain commission

Request a Call with Expert to know more about the business model

2. In India, MBOs are now being looked at as the next emerging megatrend especially in the EV segment

3. 2W MBO market in India witnessed a huge no. of players entering the market after the 2000s, along with the entry of multiple foreign brands

4. However, MBO industry has been witnessing several headwinds in the recent past, including subdued demand for 2Ws concurrently affecting the MBO sales

5. But, Diversification, Digitalization, and Expansion will help the industry to proliferate in the country in the coming years

Some of the Intelligence Curated by Ken Research in Automotive Market Space:

• KSA Automotive Market Outlook to 2027 Driven by rising influx of women drivers and domestic manufacturing in the KSA
• USA EV & EV Charging Equipment Market Outlook to 2027 Driven by growing market driven by government support and customer drive towards cost-efficient mobility
• Global Used Vehicle Market Outlook to 2027 Driven by Type of Market Structure, by Type of Vehicle, by Age of vehicle, by kms Driven and by Region
• Vietnam Car Rental Market Outlook to 2027F Driven by Increasing Internet Penetration Rate, Tourism and Urbanization
• Nigeria Lubricants Market Outlook 2027F Driven by demand for expanding wind energy sector & rising demand for high performance lubricants
  

To Know more about this Whitepaper, Visit this link:-

India MBO 2W Market

Europe and LAMEA Stem Cell Banking Market Surpasses USD 2 Bn in 2022: Revolutionizing Healthcare through Stem Cell Banks and AI Applications and What’s more? Ken Research

 Buy Now

1. Cooperation Fuels Growth in Europe's Stem Cell Banking Market: Collaborative Efforts between Stem Cell Banks and Maternity Clinics for Vital Stem Cell Acquisition.

The European stem cell banks are broadening their service offerings through a merger, which now involves producing advanced therapy medicinal products using mesenchymal stem cells. These products \are utilized for experimental treatment in specialized medical institutions and for developing their own Cell & Gene Therapies.

The utilization of private storage has undergone a notable shift, moving away from treating diseases related to the blood and immune system and toward the realm of regenerative medicine.

The demand for stem cell banking is increasing because of the strong collaboration between maternity clinics and gynecologists, allowing for the collection of the freshest and most crucial stem cells right after childbirth.

Numerous companies in the area are actively working to stimulate the growth of the market. One example is Vita34, which partners with multiple maternity facilities in Europe. They consistently train their clinic staff to professionally collect umbilical cord blood and tissue, along with other relevant responsibilities, following the relevant national regulations.

Also, Check Market Sizing of Global Stem Cell Banking Market

2. UAE Government Eases Regulations to Attract Foreign Investment and Enhance Healthcare Standards in LAMEA Stem Cell Banking Market.

The UAE is actively working towards establishing the first Stem Cells Bank in the MENA region, positioning the country as a hub for stem cell tourism.

In the region, several hospital construction projects are underway, with the Dubai Health Authority leading efforts to integrate medical technology into the development of smart cities.

To attract foreign investment and improve healthcare standards, the UAE government is implementing regulatory relaxations. Notably, the government has allocated a significant portion, 8.4% of its total budget, to healthcare for the period of 2022-2028.

3. Emerging Trends in the Global Stem Cell Banking Market: AI Applications, Modernization of Storage, Growing Approvals, and Start-up Surge.

Download a Free Sample Report

AI plays a crucial role in various aspects of stem cell research, including understanding cell behavior, identifying cell types, characterizing cells through mathematical models, and predicting transplantation risks.

Advancements in storage technology, such as the transition to multi-compartment storage bags, enhance flexibility and viability. The BioArchive® System, a fully automated storage and retrieval system, revolutionizes cryopreservation of valuable cell samples.

The FDA continues to expand its list of approved stem cell therapies and associated diseases based on positive clinical trial outcomes. Currently, FDA-approved stem cell products primarily target blood-related disorders.

Notable startups in the market, like Mogrify, Aspen Neuroscience, and Cellino Bio, have secured substantial funding for their promising ventures.

Major Players Mentioned in the Report:

• CBR Systems
• CryoCell
• ViaCord
• Stemcyte Inc,
• Sartorius
• Smart Cells International Ltd.
• VITA 34
• Global Cord Blood Corporation
• Life Cell
• Cord Life

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:

• Stem Cell Banking Companies
• Biopharmaceuticals Companies
• Cord Blood Banks
• Machinery and Equipment Suppliers for Stem Cell Banking
• Cryogenic Healthcare Equipment Manufacturers
• Biotechnology - Therapeutics and Diagnostics Companies
• Pharmaceutical Companies
• World Marrow Donor Association
• Cord Blood Association
• The International Stem Cell Banking Initiative (ISCBI) – PubMed
• Healthcare Research Institutes
• Healthcare Technology Research Institutes
• Healthcare Technology Regulatory Authorities
• Government Ministries and Departments of Healthcare

Time Period Captured in the Report:

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2028

For more insights on market intelligence, refer to the link below: –

Global Stem Cell Banking Industry

Related Reports by Ken Research: –

Global Stem Cell Banking Market

UAE Health Tech Market Outlook to 2026