Press release
Smart Life Sciences Manufacturing Market to Reach $78.9 Billion by 2033
Smart Life Sciences Manufacturing Market
Get a PDF Sample Brochure at - https://www.theinsightpartners.com/sample/TIPRE00029832/?utm_source=OpenPR&utm_medium=10196
The smart life sciences manufacturing market analysis in Europe is segmented into France, Germany, Russia, the UK, Italy, and the rest of Europe. Europe is one of the developed regions for smart life sciences manufacturing and has seen significant changes in life sciences manufacturing owing to the high implementation of smart solutions and collaborations among smart life sciences manufacturing market players. In May 2020, Adamed Group, one of the largest pharmaceutical manufacturers in Europe, partnered with Predica for the deployment of Microsoft Azure cloud platform, including security, data analytics, machine learning, and app development. Predica designed and developed a fully extensible platform based on Azure data services and Power BI that helped Adamed generate automated forecasts and optimize its supply chain and marketing decisions.
Additionally, in 2022, Hovione, a Contract Development and Manufacturing Organization (CDMO) from Portugal, collaborated with GEA to advance continuous tablet manufacturing. COVID-19 pandemic has increased the adoption and implementation of smart manufacturing technologies, especially for the production of ventilators, hospital beds, drugs, and vaccines. This led to a significant change in the regulatory policies of the region for the production and approval of medical devices and drugs. The changing regulatory scenario, high adoption rate of digital technology in life sciences manufacturing, and rising collaborations among market players are expected to augment the smart life sciences manufacturing market growth in Europe during the forecast period.
The smart life sciences manufacturing market analysis is segmented on the basis of component, technology, and application. Based on component, the market is bifurcated into solutions and services. By technology, the smart life sciences manufacturing market is segmented into Augmented Reality/Virtual Reality (AR/VR) systems, Internet of Things (IoT), artificial intelligence (AI), cybersecurity, big data, and others. Based on application, the smart life sciences manufacturing market is segmented into pharma, bio-pharma, and medical device. IoT segment commanded the largest smart life sciences manufacturing market share in 2022.
The top five smart life sciences manufacturing market players operating in 2022 were ABB Ltd, Emerson Electric Co, General Electric Co, Honeywell International Inc, and Siemens AG. The positioning of these "Five Key Players" is derived by giving weightage to the following key performance parameters-overall revenue, segment revenue, geographical reach, customer base, new product launches, market initiatives, investments in technology up-gradation, R&D investments, mergers & acquisitions, and other market-related activities. Various other notable smart life sciences manufacturing market players profiled in the global report are Rockwell Automation, Bosch Rexroth AG, Fortinet Inc, IBM Corporation, and Sophos Group plc.
Buy Now at - https://www.theinsightpartners.com/buy/TIPRE00029832/?utm_source=OpenPR&utm_medium=10196
Key Findings of Market Study:
Companies in the life sciences sector are getting advanced day by day. They are embarking on solutions such as 3D technology and virtual reality to avoid risks. This explains how all these technologies connect people, processes, systems, and data, which is further characterized by predictive and adaptive facilities that leverage machine learning, 3D modeling, the Industrial Internet of Things (IIoT), digital twin, remote control, and AR. Many manufacturers focus on preventive and predictive approaches with the help of 3D experience and virtual reality tools. Increasing investments in the development of new technologies and the growing popularity of smart tools for manufacturing among well-known companies would create huge opportunities for companies in the smart life sciences manufacturing market. In September 2022, Boehringer Ingelheim officially deployed the Virtuosi VR education platform for employee training. Virtuosi is a cloud-based learning platform that incorporates 56 courses and 26 VR immersive experiences in more than 100 hours of educational content. Virtuosi is helping Boehringer Ingelheim to advance the skills and knowledge necessary in sterile manufacturing, using tech-forward innovation.
Browse Complete Summary and Table of Content at: https://www.theinsightpartners.com/reports/smart-life-sciences-manufacturing-market
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Ankit Mathur
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Life Sciences Manufacturing Market to Reach $78.9 Billion by 2033 here
News-ID: 3769270 • Views: …
More Releases from The Insight Partners
Pet Food Extrusion Market: Demand, Size, Shares, Growth, Trend, Segmentation, To …
Pet Food Extrusion Market study by "The Insight Partners" provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
Furthermore, the Pet Food Extrusion Market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the whole market,…
Military High-Speed Rescue Boat Market Size, Growth, Demand, Opportunities, Late …
The Insight Partners provides you global research analysis on "Military High-Speed Rescue Boat Market" and forecast to 2031. The report aims to provide an overview of the Military High-Speed Rescue Boat Market with detailed market segmentation by type and distribution channel. The global Military High-Speed Rescue Boat Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading…
Global Pharmacovigilance and Drug Safety Software Market: Trends and Growth Outl …
The rise in a high volume of pharmacovigilance data and ADR events during recent years across the globe is a prime contributing factor to the rising demand for sophisticated pharmacovigilance and drug safety software. The industry players operating in the market of pharmacovigilance (PV) and drug safety market include AB Cube, United BioSource LLC, ARISGLOBAL LLC, Sparta Systems, Inc., Oracle Corporation, Sarjen Systems Pvt. Ltd., EXTEDO, ENNOV, Max Application, and…
Cyber Knife Market Analysis: Opportunities and Future Outlook
Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability…
More Releases for Manufacturing
Manufacturing the Future: Exploring the In-Space Manufacturing Market
Rapid improvements in space technology have created new opportunities for in-space production, transforming the space sector. The in-space manufacturing sector is expanding rapidly as space agencies and private companies investigate ways to manufacture products and structures in space. According to MarketsandMarkets' thorough market research analysis, the worldwide in-space manufacturing market is predicted to expand significantly in the next years. In this blog article, we will evaluate the recent trends and…
Global Miscellaneous Market by Types (Gasket, Packing, and Sealing Device Manufa …
The global Miscellaneous market was valued at xx million in 2020 and is projected to reach US$ xx million by 2027, at a CAGR of xx% during the forecast period.
Global Miscellaneous Market overview
Miscellaneous Market research report offers great insights into the market and consumer data and their interpretation through various figures and graphs.
Miscellaneous markets have experienced significant growth in recent years. The main reason for this is the increasing…
Smart Factory Transforming from “Manufacturing” to “Intelligent Manufactur …
The concept of “Industry 4.0” was officially announced by the German government in 2013 at the Hannover Messe. Since then, its influence has taken the world by storm. From steam mechanization to power automation to data informatization, the Industry 4.0, driven by “intelligentization”, will completely subvert the expectations, changing perceptions of productivity and production relations in the traditional manufacturing industry by way of qualitative change – an immortal monument, perhaps,…
Additive & Conventional Manufacturing – Hybrid Manufacturing Techniques From C …
Croft Filters, based in Warrington, England, have been supplying custom filtration and separation solutions for over 31 years. Over this time, Croft has developed a reputation for their quality, bespoke service through manufacturing a variety of products for specific requirements. These products have included Filtration Cones, Baskets & Screens, Disc Filters and Filtration Housings amongst others, and they are made with Wire Mesh, Wedge Wire and Perforated Plate, depending on…
Digital Meter Market 2017 - Al-Jon Manufacturing, Environmental Manufacturing, H …
The Global Digital Meter Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Digital Meter industry. First, "Global Digital Meter Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Digital Meter industry chain structure.
Major Companies Covered in this report:-
Al-Jon Manufacturing
Heitman Laboratories
Kws Manufacturing Company
Kmb Systems
Obvius Holdingd Llc
Lubecorp Manufacturing
Quadlogic…
Competitive Segmentation of Global Mixed-mode Manufacturing Market 2016 Industry …
The market research report titled Mixed-mode Manufacturing Market Research Report 2016 provides a detailed overview of the global Mixed-mode Manufacturing market, in terms of crucial market factors such as the demand drivers, challenges, market segments, key companies, and the recent market trends. The quantitative and the qualitative information presented in this research study is based on primary and secondary sources of information. Moreover, much of the information contained in this…
