Latin America Pharmaceutical Contract Manufacturing & Research Services Market to Penetrate Untapped Regions During 2023 to 2030

 Latin America Pharmaceutical Contract Manufacturing & Research Services Market Growth & Trends

The Latin America pharmaceutical contract manufacturing & research services market size is expected to reach USD 40.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2023 to 2030. The low manufacturing costs and growing demand for generics are the key factors driving the market growth. Moreover, factors, such as the growing pharmaceutical industry, rising investments in R&D, and technological advancements, are responsible for market growth. The shift from cost control to value-added solutions, the introduction of novel technologically equipped facilities, and risk-sharing between pharma and CMOs are also contributing to the industry growth.

Companies have started financing efforts to meet the rising demand for biological drugs, which, in turn, leads to an increase in the development of pharmaceutical products. This steady commercial success of biopharmaceuticals is expected to accelerate the growth of the regional market for pharmaceutical contract manufacturing & research services over the forecast period. Pharmaceutical contract manufacturing and research activities in Brazil are subject to severe requirements to maintain Good Manufacturing Practices (GMP) and Good Laboratory Practices (GLP) compliance. These laws cover a wide range of topics, such as facility requirements, quality control systems, documentation practices, and employee qualifications.

Contract manufacturing and research companies must receive the relevant authorizations and certificates from ANVISA, which includes a thorough review of their facilities, processes, and quality management systems. Technological advances in areas, such as biopharmaceutics, personalized medicine, and analytical methods, have increased the complexity of drug production and research processes. Outsourcing these functions to specialist contract service providers in Latin America can provide access to state-of-the-art facilities and expertise.

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Latin America Pharmaceutical Contract Manufacturing & Research Services Market Report Highlights

• Manufacturing services dominated the market with the largest share of 66.2% in 2022. Based on services, the market is segmented into manufacturing and research. Contract manufacturing services comprise the solutions and facilities for the production of API/bulk drugs, advanced drug delivery formulations, packaging, and finished dose formulations
• Brazil accounted for the largest revenue share of 69.4% in 2022. The low manufacturing costs of pharmaceuticals and the presence of a significant number of GMP-certified plants are attracting investors from other countries to establish their presence in Brazil
• Mexico is anticipated to register a considerable CAGR of 7.5% during the forecast period. This is due to the Indian pharmaceutical industry investing in the country
• Key players have undertaken various growth strategies, such as business expansion, mergers, and acquisitions, to gain higher market shares. For instance, in September 2020, Charles River Laboratories Inc. announced that it has opened a microbial identification lab in Brazil

Access Press Release@ https://www.grandviewresearch.com/press-release/latin-america-pharmaceutical-contract-manufacturing-services-market-analysis

Latin America Pharmaceutical Contract Manufacturing & Research Services Market Segmentation

Grand View Research has segmented the Latin America pharmaceutical contract manufacturing & research services market based on services and country:

Latin America Pharmaceutical Contract Manufacturing & Research Services Outlook (Revenue, USD Billion, 2018 - 2030)

• Manufacturing
• Research

Latin America Pharmaceutical Contract Manufacturing & Research Services Country Outlook (Revenue, USD Billion, 2018 - 2030)

• Brazil
• Mexico
• Argentina
• Colombia
• Chile
• Venezuela
• Peru
• Uruguay
• Ecuador
• Bolivia

List of Key Players in the Latin America Pharmaceutical Contract Manufacturing & Research Services Market

• Boehringer Ingelheim International GmbH
• Fresenius Kabi AG
• Unither Pharmaceuticals
• Lonza
• Pfizer Inc.
• Charles River Laboratories
• Laboratory Corporation of America Holdings
• IQVIA, Inc.
• Recipharm AB.
• AbbVie, Inc.
• Catalent, Inc.
• West Pharmaceutical Services, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

5G System Integration Market Report by Opportunity, Demand, Recent Trends, Major Driving Factors and Business Growth Strategies

 5G System Integration Market Growth & Trends

The global 5G system integration market size is estimated to reach USD 62.7 billion by 2030, registering a CAGR of 28.0% from 2023 to 2030, according to a new study by Grand View Research, Inc. The increasing investments in deploying 5G network infrastructures across major countries, such as the U.S., the UK, Germany, Japan, and China, are expected to drive the demand for integrating entire 5G infrastructure and applications across enterprises. This process helps enterprises to work as a centralized platform that assists in reducing overall complexity. Thus, rising investments in building 5G infrastructure, along with the escalating need to establish a 5G-enabled ecosystem, are anticipated to drive market growth.

Rapidly building smart cities have surged the adoption of numerous Internet of Things (IoT) devices globally. IoT devices require enhanced bandwidth to function appropriately. Thus, to provide high-speed broadband by supporting fifth-generation New Radio (NR), such as sub-6GHz and mmWave frequency bands, the entire infrastructure across these smart cities needs to be upgraded in line with supporting fifth-generation radio networks. Therefore, it is further estimated to boost the market growth from 2023 to 2030.

Moreover, with the evolution of Industry 4.0, the adoption of industrial sensors and collaborative robots is gaining popularity in the manufacturing sector globally. Therefore, to deliver seamless network connectivity to these above-mentioned devices, it is anticipated to raise the demand for 5G system integration services to make entire manufacturing facilities compatible with supporting next-generation 5G NR.

Rapidly rising digital transformation has disrupted the entire operation of the manufacturing industry. This has increased the trend of the machine to machine (M2M) communications to increase overall productivity as well as streamline the whole process. Therefore, this has further expanded the need for high broadband to deliver uninterrupted connectivity to industrial sensors and robots. Therefore, the growing need for high broadband connectivity to establish seamless communication between machines is expected to elevate the demand for 5G system integration services in the next few years.

Furthermore, with the emergence of new technologies, such as network slicing and software-defined networking (SDN), the adoption of 5G system integration will witness a rapid surge to reduce overall enterprise infrastructure costs. Moreover, highly trained professionals will be required to implement and manage the fifth-generation system integration services. This is anticipated to hinder the market growth over the forecast period.

The COVID-19 outbreak considerably impacted the overall market growth. Many enterprise offices temporarily worked with limited workforce capacity in key countries, such as the U.S., Japan, Germany, the UK, and South Korea. In addition, the network equipment providers delayed the deployment of 5G infrastructure due to the pandemic. However, federal governments across the above-mentioned key countries set new guidelines to reopen the business offices and released packages to boost economic growth. Therefore, it is anticipated to increase the demand for the global 5G system integration services over the forecast period.

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5G System Integration Market Report Highlights

• In terms of services, the infrastructure integration segment is anticipated to register the fastest CAGR of 29.7% over the forecast period. Large enterprises are increasingly focusing on building a 5G-enabled ecosystem considering the intense competition in the market. This is expected to propel the demand for infrastructure integration services during the next few years
• In terms of vertical, the manufacturing segment is anticipated to witness the fastest CAGR of 30.8% over the forecast period owing to the rising adoption of 5G network services to offer seamless communication between robots and sensors
• Based on application, the industrial sensors segment is anticipated to register the fastest CAGR of 31.0% over the forecast period. The rapidly growing market for industrial Internet of Things(IIoT) and the surging demand for cost-effective wireless connectivity across various sectors are boosting the segment’s growth
• The North America market, in 2022, held the largest revenue share. The growth is attributed to growing investments by major 5G providers, such as Verizon Communications Inc., AT&T, Inc., and T-Mobile USA, Inc, in deploying 5G network infrastructures, along with growing demand for 5G system integration services across large enterprises to build a 5G-enabled ecosystem

Access Press Release@ https://www.grandviewresearch.com/press-release/global-5g-system-integration-market

5G System Integration Market Segmentation

Grand View Research has segmented the global 5G system integration market based on services, vertical, application, and region:

5G System Integration Services Outlook (Revenue, USD Million, 2019 - 2030)

• Consulting
• Infrastructure Integration
• Application Integration

5G System Integration Vertical Outlook (Revenue, USD Million, 2019 - 2030)

• Manufacturing
• Energy & Utility
• Media & Entertainment
• IT & Telecom
• Transportation & Logistics
• BFSI
• Healthcare
• Retail
• Others

5G System Integration Application Outlook (Revenue, USD Million, 2019 - 2030)

• Smart City
• Collaborate Robot /Cloud Robot
• Industrial Sensors
• Logistics & Inventory Monitoring
• Wireless Industry Camera
• Drone
• Home and Office Broadband
• Vehicle-to-everything (V2X)
• Gaming and Mobile Media
• Remote Patient & Diagnosis Management
• Intelligent Power Distribution Systems
• P2P Transfers /mCommerce
• Others

5G System Integration Regional Outlook (Revenue, USD Million, 2019 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Latin America
  • Brazil
  • Mexico
• MEA (Middle East & Africa)
  • Kingdom of Saudi Arabia
  • South Africa

List of Key Players in the 5G System Integration Market

• Accenture Inc.
• Cisco Systems, Inc.
• Huawei Technologies Co., Ltd.
• Infosys Limited
• Tata Consultancy Services Limited
• Wipro Limited
• Radisys Corporation
• IBM Corporation
• Hewlett Packard Enterprise Development LP
• Oracle Corporation
• HCL Technologies Limited
• Amdocs
• Broadcom (CA Technologies)
• Hansen Technologies
• Samsung Electronics Co., Ltd.
• Telefonaktiebolaget LM Ericsson
• Keysight Technologies
• Ribbon Communications

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Europe Pet Food Antioxidants For Meat Rendering Market Industry Analysis Comparing Industry Prospects And Challenges Of Investing

 Europe Pet Food Antioxidants For Meat Rendering Market Growth & Trends

The Europe pet food antioxidants for meat rendering market size is estimated to reach USD 61.88 million by 2030 and is projected to grow at a CAGR of 1.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth can be attributed to the increasing demand for high-quality nutrition products as more and more people are choosing to adopt animals across Europe, especially dogs and cats. It is increasing the consumption of antioxidants used for preserving rendered meat used in their food products.

Increasing expenditure on high-quality food for animals by consumers has been main driver for antioxidants market in Europe. Owners have shifted towards nutritious intake to maintain the health and immunity of their animals. According to the European Pet Food Industry Federation (FEDIAF), Europe is a crucial major market with 340 million domesticated animals around the region. The purchase by European residents accounted for 10.5 million tons of food items, with approximately 46% of the households in the region containing a domesticated animal.

Natural antioxidants have emerged as a fast-growing segment, including ingredients such as vitamin E, vitamin C, and rosemary extracts, used in meat-based food items for preventing the oxidation of fats and oil, thereby reducing the chances of rancidity in the products. Major companies working in the region, such as Alltech, DSM, and Nutreco, have been focusing on introducing natural products to gain leverage from this new trend in the market.

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Europe Pet Food Antioxidants For Meat Rendering Market Report Highlights

• In terms of type, the natural segment emerged as the fastest-growing grade segment with a CAGR of 2.0% from 2024 to 2030 due to its increasing consciousness among customers regarding the importance of natural or organic products in the region, thereby increasing natural antioxidant consumption across Europe
• Russia emerged as the fastest-growing country with a CAGR of 2.1% from 2024 to 2030 due to a large pet population and the presence of major manufacturing companies
• New innovations such as lab-produced meat are going to have a crucial impact on the market due to the long-term preservation and usage time period provided by lab-produced meat products, decreasing the relevance of antioxidants for the purpose of preventing rancidity
• Major companies have shifted their focus on reducing their carbon footprint in production facilities. For instance, in October 2023, Purina Europe, owned by Nestle S.A., announced the launch of its first carbon-reduced pet food products range, Purina ONE DualNature. The launch was deemed as a step towards the company’s ambition to reduce carbon emissions by half by 2030
• The European Commission has put stringent regulations regarding usage of additives in pet food market. For instance, in October 2022, it limited the usage of additives such as sodium ascorbate, ascorbic acid, and calcium ascorbate for their antioxidant properties in tuna products

Access Press Release@ https://www.grandviewresearch.com/press-release/europe-pet-food-antioxidants-meat-rendering-market-analysis

Europe Pet Food Antioxidants For Meat Rendering Market Segmentation

Grand View Research has segmented the Europe pet food antioxidants for meat rendering market based on type and region:

Europe Pet Food Antioxidants For Meat Rendering Type Outlook (Volume, Tons; Revenue, USD Thousands, 2018 - 2030)

• Natural
• Synthetic

Europe Pet Food Antioxidants For Meat Rendering Regional Outlook (Volume, Tons; Revenue, USD Thousands, 2018 - 2030)

• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

List of Key Players in Europe Pet Food Antioxidants For Meat Rendering Market

• Adisseo
• ADM
• Alltech
• AstaReal Group
• BASF SE
• Camlin Fine Sciences Ltd.
• Cargill
• DSM
• Kemin Industries, Inc.
• Novus International, Inc.
• Nutreco

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Markerless Motion Capture Market is Expected to Enhance $207.93 Million Revenue By 2030

 Markerless Motion Capture Market Growth & Trends

The global markerless motion capture market size is anticipated to reach USD 207.93 million by 2030, expanding at a CAGR of 17.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market has witnessed significant growth in recent years, fueled by technological advancements and increasing demand across various industries. Markerless motion capture eliminates the need for attaching markers to the subject's body, making the capturing process more efficient and less intrusive. This technology relies on sophisticated algorithms and computer vision techniques to track and record the movements of individuals or objects accurately.

Markerless motion capture technology has transformed the way human movement is captured and analyzed. Unlike traditional marker-based systems, markerless systems utilize computer vision algorithms and sensors to track movement without the need for external markers. This non-intrusive approach enables more natural and flexible motion capture experiences, suitable for applications such as animation, biomechanical analysis, and virtual reality. At the core of markerless motion capture systems are computer vision algorithms that analyze video footage or depth sensor data to extract information about human movement. These algorithms employ techniques such as feature tracking, skeleton fitting, and pose estimation to identify and track key points on the subject's body, such as joints and limbs. By tracking these points over time, markerless motion capture systems can reconstruct the subject's motion in three-dimensional space with high accuracy.

Several sensing technologies are commonly used in markerless motion capture systems. RGB cameras, depth sensors, and inertial measurement units (IMUs) are among the most widely used sensing technologies in markerless motion capture applications. RGB cameras capture color video footage, which is then processed using computer vision algorithms to extract motion information. Depth sensors provide depth information in addition to color, enabling more accurate motion tracking and reconstruction. IMUs, on the other hand, consist of accelerometers, gyroscopes, and magnetometers that measure the subject's movement directly, making them suitable for applications where visual tracking may be limited, such as sports performance analysis or wearable motion capture devices.

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Markerless Motion Capture Market Report Highlights

• Based on type, the 2D markerless motion capture segment was valued at USD 21.01 million in 2023. Traditional marker-based motion capture systems require specialized equipment and markers, which makes them costly and less accessible, especially for smaller studios and independent creators.
• The 3D markerless motion capture type segment is projected to expand with a CAGR of 17.8% from 2024 to 2030. 3D motion capture technology offers real-time and accurate measurement of movements in markets. By furnishing data on body angles, the motion capture technology aids industrial users in efficiently pinpointing and addressing concerns that may contribute to injuries, as well as analyzing various human factors relevant to industries or military applications.
• Based on application, the location-based entertainment application segment registered significant revenue share in 2023 and is expected to showcase a CAGR of 16.2% from 2024 to 2030. The growing consumer inclination toward amusement parks, arcade studios, and 4D films as a part of leisure is a major factor contributing to the growth of the location-based entertainment segment.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-markerless-motion-capture-market

Markerless Motion Capture Market Segmentation

Grand View Research has segmented the global markerless motion capture market based on type, application, and region:

Markerless Motion Capture Type Outlook (Revenue, USD Million, 2017 - 2030)

• 2D Markerless Motion Capture
• 3D Markerless Motion Capture

Markerless Motion Capture Application Outlook (Revenue, USD Million, 2017 - 2030)

• Location-based Entertainment
• Virtual Reality
• Video Conferencing
• Film & TV
• Games
• Healthcare
• Virtual Production
• Surveillance
• Others

Markerless Motion Capture Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK
  • France
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
• Latin America
  • Mexico
  • Brazil
• Middle East and Africa
  • Kingdom of Saudi Arabia (KSA)
  • UAE
  • South Africa

List of Key Players in the Markerless Motion Capture Market

• AR51
• Captury
• DeepMotion
• Disguise Group
• EuMotus
• Faceware Technologies, Inc.
• Fashion Innovation Agency
• Hawk-Eye Innovations
• Innovative Sports Training Inc. (The Motion Monitor)
• Intel Corporation
• iPi Soft LLC.
• KinaTrax, Inc.
• Move Ai Ltd.
• NaturalPoint, Inc.
• Qualisys AB
• Radical Motion
• ReMoCapp
• Simi Reality Motion Systems
• Theia Markerless, Inc.
• Vicon Motion Systems Ltd
• Wonder Dynamics
• COM, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Mammography Market Is Expected To Accomplish A Valuation Of Around $4.67 Billion By 2030: Grand View Research Inc.

 Mammography Market Growth & Trends

The global mammography market size is expected to reach USD 4.67 billion by 2030, registering a CAGR of 8.87% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is mainly driven by the rising initiatives by various governments and NGOs to raise awareness about the early diagnosis of microcalcifications in breast tissue.

For instance, the National Breast Cancer Screening Programme in the Netherlands, for example, was created for women aged 50 to 75. According to the program, women in this age bracket were invited for a mammogram every two years. Similarly, in Australia, women aged 50 to 74 are required to have free mammograms every 2 years as part of the government's national screening program, Breast Screen Australia. Some other significant organizations such as the National Breast Cancer Foundation, CDC, and Breast Cancer Organization are promoting early diagnosis of mammary gland calcification. This is one of the crucial factors expected to drive market growth.

Major mammography manufacturers are introducing new products and increasing the number of approved products, which is further expected to impel the demand in the coming years. For instance, in March 2018, Siemens Healthineers obtained U.S. FDA approval for its enhanced mammography platform MAMMOMAT Revelation. This platform is combined with a new InSpect specimen imaging tool as well as new HD Breast Biopsy technology for one-click targeting of affected areas. Moreover, in October 2021, iCAD, Inc. launched its latest generation of ProFound AI for 2D Mammography.

Furthermore, the use of Artificial Intelligence (AI) in 3D mammography has reduced exam time while maintaining image quality. For instance, in March 2021, iCad received USFDA approval for its ProFound AI Version 3.0 for Digital Breast Tomosynthesis (DBT) system. Compared to previous versions of the software, it provides up to a 10% enhancement in specificity performance, up to 1% improvement in sensitivity, and offers 40% faster processing. Thus, rapid FDA approval for AI-enabled 3D mammography equipment is driving market growth.

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Mammography Market Report Highlights

·         Digital systems dominated the product segment in 2023 owing to the wide availability of digital breast screening devices and the presence of favorable reimbursements for such devices

·         Digital mammography dominated the technology segment in 2023 due to growing awareness regarding digital technology and increasing adoption of such technology for better diagnosis

·     In 2023, North America dominated due to the increasing adoption of technologically advanced screening devices and the upsurging number of approvals of 3D systems

·         Asia Pacific and Latin America are the two fastest-growing regional segments, because of the higher mammary gland cancer prevalence and the growing number of government campaigns to improve breast.

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Mammography Market Segmentation

Grand View Research has segmented the global mammography market based on product, technology, end-use, and region:

Mammography Product Outlook (Revenue, USD Million; 2018 - 2030)

·         Film Screen Systems

·         Digital Systems

·         Analog Systems

·         3D Systems

Mammography Technology Outlook (Revenue, USD Million; 2018 - 2030)

·         Breast Tomosynthesis

·         CAD Mammography

·         Digital Mammography

Mammography End-use Outlook (Revenue, USD Million; 2018 - 2030)

·         Hospitals

·         Specialty Clinics

·         Diagnosis Centers

·         Others

Mammography Regional Outlook (Revenue, USD Million, 2018 - 2030)

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    UK

o    France

o    Italy

o    Spain

o    Sweden

o    Denmark

o    Norway

·         Asia Pacific

o    Japan

o    China

o    India

o    Australia

o    South Korea

o    Thailand

·         Latin America

o    Mexico

o    Brazil

o    Argentina

·         Middle East & Africa

o    South Africa

o    Saudi Arabia

o    UAE

o    Kuwait

List of Key Players of Mammography Market

·         Hologic Inc.

·         Analogic Corporation

·         Canon Medical Systems Corporation

·         Fujifilm Corporation

·         Siemens Healthcare

·         Toshiba Medical Systems

·         GE Healthcare

·         Metaltronica

·         Koninklijke Philips NV

·         PLANMED OY

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.