Adjuvant Market to grow by USD 1.88 billion from 2022 to 2027, Increasing vaccination initiatives to drive the growth- Technavio
NEW YORK, Sept. 25, 2023 /PRNewswire/ -- The adjuvant market is expected to grow by USD 1.88 billion from 2022 to 2027. However, the growth momentum of the market will progress at a CAGR of 6.71% during forecat period. The market is segmented by Application (Farming, Veterinary medicine, Medical and pharmacy, and Others), Type (Agricultural adjuvant and Vaccine adjuvant), and Geography (North America, Europe, Asia, and the Rest of World (ROW)). Increasing vaccination initiatives is a key factor driving market growth. Demand for adjuvants is increasing all over the world because of more emphasis on vaccination programs and preventive healthcare, especially in emerging countries. Vaccine adjuvants stimulate the immune system and increase protection against infectious diseases, so they are necessary to improve vaccine effectiveness. With countries placing a higher priority on vaccination programs, demand for premixture vaccines is increasing. In addition, the increasing emphasis on preventive measures and the benefits of adjuvants for improving vaccine outcomes are driving growth in the adjuvant market. The report analyses the market size and growth and provides accurate predictions on the growth of the market. View FREE PDF Sample
Get a glance at the market contribution of the segments, Request a FREE Sample
The robotics system integration market size is estimated to grow at a CAGR of 9.89% between 2022 and 2027. The market size is forecast to increase by USD 4,752.09 million. This report extensively covers market segmentation by application (material handling, welding and soldering, assembly line, and others), end-user (electronics, automotive, healthcare, aerospace and defense, and logistics and others), and geography (APAC, Europe, North America, South America, and Middle East and Africa). Technological innovations in robotic system integration are the key factor driving the growth of the market.
The robotics as a service (RaaS) market size is estimated to grow at a CAGR of 18.29% between 2022 and 2027. The market size is forecast to increase by USD 1,497.76 million. This report extensively covers market segmentation by type (professional and personal), application (intralogistics, medical applications, surveillance and security, field robotics, and others), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). Increased remote services and the adoption of IoT are the key factors driving the growth of the market.
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Type
Market Segmentation by Geography
Drivers, Challenges, & Trends
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View original content to download multimedia:https://www.prnewswire.com/news-releases/adjuvant-market-to-grow-by-usd-1-88-billion-from-2022-to-2027--increasing-vaccination-initiatives-to-drive-the-growth--technavio-301936134.html
Solutions Showcase Session
The Power of AI in Business How to use Chat GPT with ERP
Continental Breakfast Served