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The global MRD testing market is in the rapidly evolving and dynamic stage, which opens ample opportunities for diagnostic and life science companies. MRD testing promises the integration of evolutionary molecular technologies into hematological malignancy care regimens, thereby driving tremendous growth in the overall hematological malignancies testing market. The  minimal residual disease (MRD) testing market is projected to reach $2,611.2 million by 2027 from $1,089.3 million in 2021, at a...

The completion of human genome sequencing and the elucidation of the molecular pathways that are critical in the disease molecule interaction have offered an unprecedented opportunity and growth for the development of nucleic acid-based therapeutics. However, to keep with the manufacturing and development of such therapies, the pharmaceutical companies have established partnerships with the contract development and manufacturing company (CDMO) which are the viable alternatives to the in-house de...

Advancements in genome sequencing technologies reduce turnaround time and the complexity of diagnosis with next generation sequencing (NGS). The NGS technology provides several opportunities to develop the non-invasive diagnostic procedures for an early and accurate detection of various genetic disorders. The life science industry is witnessing significant growth of NIPT tests developed using the NGS technology. Several biotechnology companies are now indulging in the research and development of...

Organ transplantation is one of the most preferred treatment options for patients suffering from end-stage chronic diseases, which further leads to organ dysfunction. Organ transplant diagnostics has become an integral component for conducting clinical assessments of various attributes associated with donor organ’s screening and recipient surveillance. The increase in the healthcare burden due to the growing number of chronic conditions coupled with the rising awareness among patients regarding ...

According to a new market intelligence report by BIS Research, titled 'Global Precision Market - Analysis and Forecast, 2018-2028', the global precision medicine market was estimated at $78.85 billion in 2018 and is expected to grow over $216.75 billion by 2028. The market is anticipated to grow at a CAGR of 10.64% between the years 2018 and 2028, aided by the impressive growth in the digital health and information technology market. The precision medicine market is a multibillion market whic...

Aseptic processing has had been in commercial application since the 1950s. The requirement for aseptic manufacturing was raised when there was no suitable sterilization method for heat-sensitive pharmaceutical products that could not be autoclaved in the container. However, the drugs have to be sterile since then, the standards of aseptic manufacturing for the medicinal drugs were specified and standardized. The global aseptic pharma processing market was valued to be $10,633.3 million in 202...

The global electric vehicle testing, inspection, and certification market is projected to reach $1.4 billion by 2026, reveals the premium market intelligence study by BIS Research. The study also highlights that the market is set to witness a CAGR of 14.26% during the forecast period 2021-2026. The swift development of electric vehicles and their widespread adoption has increased the need for stringent regulatory standards. Therefore, the requirement for strict testing, inspection, and certif...

The global electric vehicle brake pads market is expected to reach $289.2 million by 2026, with a CAGR of 17.75% during the forecast period 2021-2026. The automotive industry is experiencing rising adoption of electric vehicles due to changing consumer preferences based on various factors, such as rising concerns about driver safety, environmental concerns, and acute government regulations and policies. Major original equipment manufacturers (OEMs) are constantly working on making electric vehic...

A virtual prototype, also known as a digital mock-up, is a computer simulation of a physical product that can be presented, analyzed, and tested as if it were a real physical model from product life-cycle aspects such as design/engineering, manufacturing, service, and recycling. Virtual prototyping is the process of creating and testing a virtual prototype (VP). The global electric vehicle virtual prototyping market generated revenue of $407.6 million in 2021 and is expected to reach $5,613.2...