Artificial Intelligence
Global Smart Furniture Market Size, Share & Industry Trends Analysis Report By Application, By Product, By Regional Outlook and Forecast, 2021 – 2027
New York, May 05, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Smart Furniture Market Size, Share & Industry Trends Analysis Report By Application, By Product, By Regional Outlook and Forecast, 2021 – 2027” – https://www.reportlinker.com/p06273381/?utm_source=GNW
In addition, this furniture is significantly more complex and developed to satisfy the requirements of modern-day lifestyles. A growing number of furniture firms are incorporating smart technologies to enhance their goods and make them more consumer-centric, appealing, and comfy.
All furniture solutions that use information from the surrounding environment to give integrated functionality and comfort to their customers are referred to as smart furniture. It encompasses all objects that facilitate human activities such as seating, eating, sleeping, and so on. A smart piece of furniture usually has a distinct style, which could be conventional, modern, or opulent, and is designed only for the purpose of saving space.
Moreover, smart furniture is designed with a focus on its beauty and impression, and it can also be combined with the newest IT technology, allowing users to connect their smartphone devices to the smart furniture.
The worldwide smart furniture market is predicted to develop as disposable income rises and lifestyles change. In addition, rising investment in home automation solutions, combined with a shift in consumer preference for connected devices, would help the market to flourish. Moreover, some of the major trends of the market are increased use of smart furniture in a variety of industries, as well as shifting customer preferences for a simpler lifestyle. On the other hand, the massive cost of smart furniture goods compared to traditional furniture is expected to act as a significant barrier to the growth of the smart furniture market.
The worldwide smart furniture market is booming due to the rising customer demand for smart home-controlled gadgets. In addition, smart furniture allows users to access a variety of comfort applications, like temperature control in electric mattresses and smart beds, and also allows them to transform basic furniture into numerous space-saving furniture shapes, such as converting a sofa to a bed and vice versa. Moreover, rising consumer demand for furnishings and durable household equipment is expected to contribute significantly to the growth of the overall Smart Furniture market.
COVID-19 Impact
Fluctuations in furniture demand, as well as import and export restrictions and supply chain disruptions caused by the COVID-19 outbreak, have impeded the growth of the market during the pandemic period. On the other hand, the market is expected to benefit from the growing trend of smart city initiatives and the increased launch of innovative smart furniture items by industry participants. The abrupt COVID-19 pandemic, which struck the world in the initial phase of 2020, has drastically altered the furniture industry. In addition, the disruptions in the supply chain, as well as the temporary prohibition on global trade, have had a significant impact on countries that rely heavily on imports for their furniture. With the increase in time spent at home due to the pandemic, a significant portion of the world’s population was compelled to move to a stay-at-home protocol for a longer period of time, motivating customers to optimize their homes and furniture.
Market Growth Factors
A rise in trend for furniture that saves space
According to the Bank for International Settlements (BIS), the commercial property price index in the United States increased from 400.10 index, 2010 = 100 units in 2010 to 687.20 index, 2010 = 100 units in 2018, while in the Euro area, the index increased from 39.31 index, 2011 = 100 units in 2010 to 467.30 index, 2011 = 100 units in 2018. Furthermore, according to the statistics, the residential property price index in the United States increased from 416.60 index 2005 = 100 units in 2013 to 528.40 index 2005 = 100 units in 2018, while in the Euro Area, it increased from 392.05 index 2015 = 100 units in 2013 to 454.66 index 2015 = 100 units in 2018.
Availability of different designs in smart furniture and the high influence of social media
Smart furniture makers are progressively developing innovative furniture that supports a variety of technologies, including wireless smartphone charging, mirror displays of time, date, and news, and sensors embedded in furniture that monitor the user’s well-being. As a result, businesses are increasingly adopting smart office furniture to track employee behaviors such as how long they sit, stand, or walk away from their desk, as well as the number of calories they burn. In addition, many end users are increasingly gravitating toward smart furniture due to the furniture’s multiple transformation capabilities, such as stools that transform into modular sofas at the touch of a button on the user’s smartphone, and smart beds that monitor the user’s heart rate, respiration rate, sleeping posture, and other parameters.
Market Restraining Factors
The massive cost of Smart Furniture and Compatibility issues
Companies are integrating modern features in smart furniture including Wi-Fi, sensors, and others, which can make the lives of users significantly better. On the other hand, the cost of integrating these features is quite massive, discouraging many companies and homeowners to embrace smart furniture. In addition, many companies struggle to incorporate smart furniture into their premises because they face budget constraints. Moreover, numerous organizations are still using traditional furniture and are hesitant to replace them with modern furniture in the near future. This is because smart furniture has built-in technologies and if a part stop working properly, the cost of replacement is high. Many players are currently working on various systems that use a variety of technologies.
Application Outlook
Based on Application, the market is segmented into Commercial and Residential. The Residential segment held a significant revenue share of the Smart Furniture Market in 2020. This is because of the rising demand for furniture in living rooms and bedrooms, as well as an increase in government-sponsored real estate development projects, particularly in metropolitan regions. Additionally, the changing tendency of consumers toward the use of IoT-connected furniture is expected to drive the growth of this segment during the forecasting period. Household disposable income in the United States increased from 40624.23 USD/capita in 2010 to 50294.00 USD/capita in 2017, according to the Organisation for Economic Co-operation and Development (OECD). Furthermore, the growth of the smart furniture market is fueled by an increase in demand for space-saving furniture and the expansion of online shopping.
Product Outlook
Based on Product, the market is segmented into Smart Desks, Smart Tables, Smart Chairs and Others. In 2020, the Smart Desks segment acquired the largest revenue share of the Smart Furniture Market. As corporations furnish new office spaces, a strong increase in commercial and office building construction and remodeling activities is expected to boost demand. In addition, replacement activity has previously played a modest part in supporting demand, owing to product durability and a lack of innovation, but trends toward more open, collaborative workspace design will promote a rise in replacements.
Regional Outlook
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In 2020, North America emerged as the leading region in the overall Smart Furniture Market by collecting the largest revenue share. The promising revenue share of the regional market can be credited to a rise in the number of working professionals and the rapid adoption of technology. However, large improvements in other years were offset by a sharp decrease in demand coinciding with the 2007-2009 US recession, resulting in no overall change in demand for the 2006-2016 decade. Demand for office furniture is very cyclical, varying in reaction to macroeconomic factors such as new office building development, capital investment, and employment levels.
Strategies Deployed in Smart furniture Market
Jan-2022: Sleep Number released new upgrades in its 360 smart beds, enhancing some of their built-in sensors and including complementary tech such as lights and mobility accessories that it calls smart furniture. Through this, the company aimed to develop more accessible smart beds so that people can grow in higher comfort or recover from injuries.
Aug-2021: Sleep Number partnered with the Pro Football Hall of Fame, the hall of fame for professional American football, located in Canton, Ohio. Following the partnership, the Sleep Number would become the sleep and wellness partner for the organization. Through this partnership, Sleep Number would offer members of the Hall of Fame Centennial Class of 2020 and Class of 2021 its 360 Smart Beds. In addition, all previous Hall of Famers would get Sleep Number gift cards to utilize toward a 360 smart bed.
Jun-2021: Eight Sleep released SleepOS, the first data-driven digital ecosystem to focus on sleep optimization. The new product features, Smart Temp Autopilot, and Sleep and Health Insights. SleepOS serves as the brains of Eight Sleep, combining many data points to develop a unique AI model for each user based on personal sleep patterns, prior temperature preferences, environmental variables, and customer feedback. Moreover, SleepOS changes the Pod’s sleeping environment in real-time until it achieves ideal sleep.
Apr-2020: Ikea took over Geomagical Labs, an artificial intelligence (AI) imaging startup Geomagical Labs. Through this acquisition, Ikea would assist in enhancing the virtual home visualization tools of Geomagical Labs. Moreover, the company’s flagship technology enables customers to scan their rooms utilizing their smartphone camera, then eliminate all the furniture and products in a digital 3D render.
Aug-2019: Hi-Interiors introduced the second version of its smart bed. Through this launch, the company aimed to attract sleep enthusiasts with another excuse to lounge around all weekend. HiBed’s frame is significantly more basic than its massive predecessor. Moreover, HiBed has a variety of tech elements buried away in its sleek frame to encourage various forms of relaxation. On a retractable 70-inch screen, a built-in 4k projector may be coupled with a number of devices to watch movies or TV. When used in conjunction with the projector or on their own for music, speakers hidden within the frame give an all-encompassing sound experience.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sleep Number Corporation, Inter IKEA Systems B.V., Eight Sleep, Hi-Interiors Srl, Fonesalesman Ltd., Nitz engineering Srl, Desktronic, Modoola Limited, and Sobro (StoreBound LLC).
Scope of the Study
Market Segments covered in the Report:
By Application
• Commercial
• Residential
By Product
• Smart Desks
• Smart Tables
• Smart Chairs
• Others
By Geography
• North America
o US
o Canada
o Mexico
o Rest of North America
• Europe
o Germany
o UK
o France
o Russia
o Spain
o Italy
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Singapore
o Malaysia
o Rest of Asia Pacific
• LAMEA
o Brazil
o Argentina
o UAE
o Saudi Arabia
o South Africa
o Nigeria
o Rest of LAMEA
Companies Profiled
• Sleep Number Corporation
• Inter IKEA Systems B.V.
• Eight Sleep
• Hi-Interiors Srl
• Fonesalesman Ltd.
• Nitz engineering Srl
• Desktronic
• Modoola Limited
• Sobro (StoreBound LLC)
Unique Offerings
• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free
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About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
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Latest Zen Edition Delivers Secure, Modular, and Scalable Edge Data Solutions with Seamless Synchronization from Edge to Cloud
ROUND ROCK, Texas, June 17, 2024 /PRNewswire/ — Actian, the data and analytics division of HCLSoftware, today announced the launch of Actian Zen 16.0, the newest version of its innovative embedded database. To help businesses run faster, smarter applications on the edge, Zen 16.0 is designed for real-time data processing across mobile, IoT devices, edge gateways, and complex machinery.
Actian developed Zen 16.0 to capture the growing demand for edge computing. IDC predicts edge computing will account for $232 billion in spending this year*. Zen 16.0 simplifies and optimizes edge computing for resource-constrained environments that range from industrial IoT and connected healthcare to smart cities. Actian Zen 16.0 introduces performance enhancements and new features designed to improve efficiency and functionality for the more than 13,000 organizations currently using Zen, as well as attracting new customers.
“Actian Zen16.0 is designed to meet the needs of modern embedded systems and edge computing,” said Emma McGrattan, senior vice president of engineering and product at Actian. “Its secure and scalable design allows for easy data synchronization with Zero-ETL, making it perfect for developers creating intelligent applications that can deliver real-time decisioning from edge to cloud to give a business competitive advantage.”
Zen 16.0 delivers the small footprint with fast read and write access and automatic administration that resource-constrained environments require. Zen16.0 addresses the need to support high-performance intelligent applications with minimal administration, particularly for frequent data update use cases like sensor data collection to monitor patient well-being or asset management tracking using RFID scanners.
Zen 16.0 ensures seamless data synchronization from edge to cloud, supports both SQL and NoSQL data access, and leverages popular programming languages to empower developers in building low-latency embedded applications.
“Actian Zen provides a high performance, lightweight, and self-managed embedded database for our business,” said Trent Maynard, Director of Product & Engineering at Global Shop Solutions. “Zen continues to deliver exactly what we need and we’re enthusiastic about the new capabilities of Zen 16.0 to empower our business operations even further.”
Detailed here, Zen 16.0 includes improved L2 cache sizing, page preload for large data files, Kafka data stream support, EasySync – a new datasync utility, enhanced JSON support, Btrieve2 Python package, Docker and Kubernetes container support, and extended index key length.
*Source: IDC Press Release, New IDC Spending Guide Forecasts Edge Computing Investments Will Reach $232 Billion in 2024, March 2024
About Actian
Actian makes data easy. We deliver cloud, hybrid, and on-premises data solutions that simplify how people connect, manage and analyze data. We transform business by enabling customers to make confident, data-driven decisions that accelerate their organization’s growth. Our data platform integrates seamlessly, performs reliably, and delivers industry-leading speeds at an affordable cost. Actian is a division of HCLSoftware.
Media Contacts
Danielle LeeSenior Director – Global Analyst Relations & Public [email protected]
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Artificial Intelligence
Application Security Market worth $55.0 billion by 2029- Exclusive Report by MarketsandMarkets™
CHICAGO, June 17, 2024 /PRNewswire/ — The global Application Security Market to grow from USD 33.7 billion in 2024 to USD 55.0 billion by 2029 at a compound annual growth rate (CAGR) of 10.3% during the forecast period, according to a new report by MarketsandMarkets™. The application security (AppSec) market is expanding rapidly due to the growing reliance on applications and the escalating threat of cyberattacks. The increasing frequency and sophistication of these attacks are driving the demand for strong AppSec solutions, a trend likely to persist. As organizations shift to cloud-based applications, new security challenges arise, requiring AppSec solutions that can adapt and provide robust controls. AppSec vendors are creating user-friendly tools that integrate smoothly with developer workflows, promoting an early vulnerability detection approach. Small and medium-sized enterprises (SMEs) and organizations with limited security resources are turning to Managed Security Service Providers (MSSPs) for affordable expertise and tools. The extensive use of open-source software (OSS) also presents unique security issues, leading to the evolution of AppSec solutions to effectively secure open-source code.
Browse in-depth TOC on “Application Security Market”
200 – Tables 50 – Figures350 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2018–2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
By Type, By Component, By Organization Size, By Deployment mode, By Vertical, and By Region
Geographies covered
North America, Europe, Asia Pacific, Middle East Africa, and Latin America
Major companies covered
Major vendors in the global Application Security Market include IBM (US), HCL (India), Synopsys (US), Microfocus (UK), Capgemini (France), Onapsis (US), Cloudflare (US), Guardsquare (Belgium), Checkmarx (US), Fortinet (US), Checkpoint (Israel), Broadcom (US), Palo Alto Networks (US), Qualys (US), Rapid7 (US)
By Component, the services segment will grow at the highest CAGR during the forecast period.
The cybersecurity skills gap persists as a significant challenge, but AppSec services offer a solution by providing access to experienced security professionals who can design, implement, and manage effective application security programs. These services bring specialized expertise in areas like penetration testing, security code reviews, and vulnerability assessments, complementing standard solutions and addressing complex security challenges. Navigating data privacy regulations and industry-specific security standards can be daunting, but AppSec services provide compliance guidance, helping organizations efficiently meet regulatory requirements. Managed Security Service Providers (MSSPs) play a crucial role in the AppSec services market, offering comprehensive security solutions such as AppSec assessments, vulnerability management, and ongoing monitoring, which is cost-effective and beneficial for organizations with limited security resources. AppSec services are also evolving to integrate seamlessly with DevSecOps workflows, allowing security professionals to collaborate with developers in identifying and addressing vulnerabilities early in the development lifecycle. Moreover, these services increasingly include security awareness training programs to educate employees on recognizing and mitigating security threats, complementing technical controls with essential human vigilance.
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By Type, the Mobile Application Security segment will grow at a higher CAGR during the forecast period.
The mobile application security segment within the broader application security (AppSec) market is experiencing rapid growth due to the widespread use of smartphones and the proliferation of mobile apps. With an ever-increasing number of mobile applications across diverse industries, ensuring their security has become a paramount concern. The trend of Bring Your Own Device (BYOD) further complicates security efforts, as personal devices may lack the same level of security controls as corporate-issued ones. Mobile AppSec solutions must address these concerns while complying with data privacy regulations governing the collection and storage of sensitive user data. Integrating security throughout the mobile app development lifecycle is crucial, with solutions tailored to seamlessly integrate with developer workflows to promote early vulnerability detection and remediation. Mobile AppSec solutions need to cater to the specific security requirements of both iOS and Android platforms, each with its own vulnerabilities and testing methodologies. Techniques like app shielding and code obfuscation are also being employed to deter attackers from reverse engineering and exploiting vulnerabilities within mobile applications.
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By region, Asia Pacific will grow at the highest CAGR during the forecast period.
The Asia Pacific region is undergoing significant growth in its Application Security Market, driven by several key factors. As industries undergo rapid digital transformation, there’s a heightened need for robust security measures to protect interconnected systems. Moreover, the region faces increasing cyber threats, prompting businesses to prioritize application security as a crucial defense mechanism. Stricter data privacy regulations, akin to data protection laws in Europe, mandate strong security practices for handling personal data, further driving market demand. Cloud adoption is surging, leading to a need for cloud-native security solutions that effectively protect applications in cloud environments. Managed Security Service Providers are becoming popular, especially among SMEs, offering cost-effective access to security expertise. Additionally, the adoption of agile and DevOps methodologies necessitates application security solutions that seamlessly integrate with development workflows. Despite challenges such as low awareness of security best practices, skills shortages, and budget constraints, the long-term outlook for the Asia Pacific Application Security Market remains highly positive. Factors like digitalization, cyber threats, and data privacy regulations are expected to sustain market growth, alongside trends like cloud computing and managed security services adoption.
Top Key Companies in Application Security Market:
Major vendors in the global Application Security Market include IBM (US), HCL (India), Synopsys (US), Microfocus (UK), Capgemini (France), Onapsis (US), Cloudflare (US), Guardsquare (Belgium), Checkmarx (US), Fortinet (US), Checkpoint (Israel), Broadcom (US), Palo Alto Networks (US), Qualys (US), Rapid7 (US).
Browse Adjacent Market: Information Security Market Research Reports & Consulting
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Get access to the latest updates on Application Security Companies and Application Security Industry
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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Artificial Intelligence
Membrane Chromatography Market to Reach USD 637 Million with 14.7% CAGR | MarketsandMarkets™
CHICAGO, June 17, 2024 /PRNewswire/ — The membrane chromatography market is poised to grow significantly, with a projected value of USD 637 million by 2029, reflecting a robust CAGR of 14.7% from an estimated USD 321 million in 2024. This growth is primarily fueled by the escalating production of biopharmaceuticals like vaccines and monoclonal antibodies, coupled with increased R&D activities in the biopharmaceutical sector. Key players in this market include Danaher Corporation (US), Sartorius AG (Germany), Merck KGaA (Germany), and Thermo Fisher Scientific Inc. (US), who employ strategies such as new product launches, acquisitions, agreements, collaborations, and geographical expansions to bolster their market presence. Danaher Corporation is known for its extensive range of life science and diagnostic products, investing heavily in R&D, while Sartorius AG stands out for its global reach and strategic collaborations like the one with Waters Corporation for downstream biomanufacturing. Merck KGaA, on the other hand, is recognized for its comprehensive solutions and ongoing investments in R&D, as demonstrated by its substantial investment in membrane and filtration manufacturing capabilities in Cork, Ireland.
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Browse in-depth TOC on “Membrane Chromatography Market”416 – Tables52 – Figures348 – Pages
DRIVER: Catalyzing Growth Through Increased Biopharmaceutical R&D
As C-level executives, you’re aware of the pivotal role R&D plays in the biopharmaceutical sector, especially amidst the escalating demand for treatments targeting chronic illnesses. The robust increase in R&D investments, exemplified by a significant uptick in spending among Spanish biotech firms in 2022, underscores the driving force behind the membrane chromatography market’s expansion.
RESTRAINT: Slow Adoption in Large-Scale Manufacturing
Despite its promising advantages, membrane chromatography encounters obstacles when it comes to scaling up for large-scale operations. Challenges such as membrane degradation and fouling, coupled with the entrenched dominance of traditional column chromatography, impede widespread adoption. These complexities, alongside the risks of process disruption and quality compromises, restrain the market’s growth within large-scale manufacturing.
OPPORTUNITY: Embracing Single-Use Technologies for Enhanced Efficiency
The shift towards single-use membrane chromatography systems presents a compelling opportunity for executives seeking efficiency gains. These systems offer tangible benefits, including reduced contamination risks and lower capital investments. Collaborative efforts, like the partnership between W. L. Gore & Associates, Inc. and AGC Biologics, signal a strategic move towards streamlining downstream purification processes and maximizing productivity.
CHALLENGE: Competing with Alternative Techniques
In the landscape of membrane chromatography, executives must navigate the challenge posed by alternative techniques such as protein crystallization and capillary electrophoresis. These methods, renowned for their simplicity and cost-effectiveness, present formidable competition, potentially diverting market focus from membrane chromatography solutions and posing a significant hurdle to its sustained growth.
Global Membrane Chromatography Industry Ecosystem Analysis
Executives operating within the membrane chromatography industry are part of a multifaceted ecosystem encompassing raw material suppliers, manufacturers, and end users ranging from pharmaceutical giants to academic institutions. Product portfolios span from essential syringe filters to advanced membrane sheets, catering to diverse needs across the sector’s spectrum.
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Flow-Through Membrane Chromatography Leads Industry Growth in 2023
The dominance of flow-through membrane chromatography in 2023 underscores a strategic focus on biologics development, particularly monoclonal antibodies. The segment’s ascendancy is further fueled by the industry’s quest for efficient chromatography operations, positioning it as a key driver in the membrane chromatography market.
Pharmaceutical & Biopharmaceutical Companies Drive Market Growth
In 2023, pharmaceutical and biopharmaceutical companies emerged as the dominant force within the membrane chromatography landscape, buoyed by the escalating demand for biotherapeutics. The segment’s robust growth trajectory is propelled by increased R&D investments aimed at advancing biopharmaceutical products, solidifying its pivotal role in the membrane chromatography market.
North America Commands Membrane Chromatography Market in 2023
North America’s commanding presence in the membrane chromatography market during 2023 underscores its status as a key hub for biopharmaceutical development and manufacturing. With significant investments in R&D and a well-established healthcare sector, North America leads the global market, followed closely by Europe and the Asia Pacific, reflecting the region’s pivotal role in driving industry innovation and growth.
Recent Innovations Shape Membrane Chromatography Landscape
Thermo Fisher Scientific Inc. Enhances Presence in Asia Pacific with New FacilityIn February 2024, Thermo Fisher Scientific Inc. fortified its position in the Asia Pacific market with the inauguration of a sterile drug facility in Singapore. This strategic investment aligns with the company’s commitment to delivering new medicines and vaccines, complementing enhanced research capabilities at its Customer Experience Center and Bioprocess Design Center. The Customer Experience Center, equipped with a wide array of products spanning molecular biology, genetic analysis sequencing, chromatography mass spectrometry, and cell therapy, underscores Thermo Fisher Scientific’s dedication to innovation and customer-centric solutions.Agilent Technologies Invests in Nucleic Acid Therapeutics ManufacturingJanuary 2023 witnessed Agilent Technologies’ significant investment of USD 725 million to expand its manufacturing capacity for nucleic acid-based therapeutics. This expansion underscores Agilent’s commitment to meeting the growing demand for advanced therapeutics, positioning the company as a key player in the evolving landscape of nucleic acid-based treatments.Sartorius AG Expands Portfolio Through Novasep AcquisitionIn February 2022, Sartorius AG bolstered its chromatography capabilities with the acquisition of Novasep’s chromatography division. This strategic move enables Sartorius to access a portfolio tailored for smaller biomolecules like oligonucleotides, peptides, and insulin, as well as innovative systems for continuous biologics manufacturing. By integrating Novasep’s offerings, Sartorius aims to diversify its revenue streams and strengthen its position as a leading provider of chromatography solutions.3M Introduces Breakthrough Solution for Protein Therapeutic ManufacturingJune 2021 marked the launch of 3M Harvest RC clarifier, a revolutionary single-stage purification solution designed for recombinant protein therapeutic manufacturing. This innovation underscores 3M’s commitment to advancing bioprocessing technologies, offering a streamlined and efficient solution for protein purification, thereby enhancing manufacturing efficiency and product quality.For more information, inquire now! Inquire Now
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About MarketsandMarkets™:
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:Mr. Aashish MehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Our Website: https://www.marketsandmarkets.com/
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