The OECD have created a search strategy for environment-related technologies (ENV-TECH) based on more than 200,000 different classification symbols, containing both International Patent Classification (IPC) symbols and Cooperative Patent Classification (CPC) symbols. The classifications cover a broad spectrum of technologies related to environmental pollution, water scarcity and climate change mitigation. The classifications found in the ENV-TECH search strategy have been grouped according to their relevance within 12 innovation systems. Not all the classifications found in the ENV-TECH search strategy have been used. For each innovation system, a list of the relevant CPC and IPC schemes is created. The raw patent data found in the OECD REGPAT database (which contains all patent filed to the EPO) is then filtered for each list. This yields the number of patent applications relevant within each innovation system. These are allocated fractionally to the inventor(s) country according to inventor share. The patents are then sorted according to the priority year of filing. Only patents filed to the EPO are listed in the data. This contains inventions sought protected within the jurisdiction of the EPO and also captures international patents filed under the Patent Cooperation Treaty (PCT), which must also be filed to the EPO. The method does, however, not list patents which are filed to either the United States Patents and Trademark Office (USPTO) or the Japan Patent Office (JPO) alone. Hence, inventions which are sought protected in the ERA countries and all the PCT member states are covered, but not inventions which are sought protected under the jurisdiction of either the USPTO or JPO alone. The patents are also listed according to the country of the inventor(s), though an invention may have been developed in a different country. Many patents are never used in any industrial application, and do therefore not contribute to innovation directly. Many inventions are also not sought patented, either because they cannot be patented or because the inventors attempt to protect the invention through other means. These inventions are not captured through patent statistics, which are then not a perfect indicator for innovation. Be aware that due to delayed data entries in the OECD patent database the values for the last couple of years might be underestimated and could possibly increase over the next years. Have this in mind when working with data from recent years.

Patent Drafting Service Market Outlook

The global patent drafting service market size was valued at approximately USD 1.8 billion in 2023 and is projected to reach around USD 3.2 billion by 2032, growing at a CAGR of 6.5% during the forecast period. The increasing focus on innovation and intellectual property protection is driving market growth. The surge in research and development activities across various industries is fostering the demand for professional patent drafting services. Additionally, the growing awareness among organizations about the importance of securing intellectual property rights is further propelling the market.

One of the primary growth factors for the patent drafting service market is the rise in technological advancements and innovation across various industry verticals. As companies strive to stay ahead of the competition, they invest significantly in research and development to create new products and technologies. This results in a higher number of inventions and, consequently, a greater need for patent drafting services to protect these innovations. The global push for digital transformation and the rapid evolution of technology in fields like AI, IoT, and biotechnology are further amplifying this demand.

Another critical driver for the market is the increasing complexity of the patent filing process, which necessitates professional assistance. Patent drafting is a specialized task that requires a thorough understanding of both legal and technical aspects. This complexity often overwhelms individual inventors and small businesses, leading them to seek the expertise of professional patent drafters. Moreover, large enterprises and research institutes prefer outsourcing these services to ensure precision and compliance with international patent laws, thus fueling the market growth.

The globalization of businesses and the subsequent need for international patent protection is also contributing to the market's expansion. Companies operating in multiple countries must secure patents in each jurisdiction to safeguard their intellectual property. This global approach to patent protection requires comprehensive knowledge of different patent laws and regulations, which professional patent drafting services are well-equipped to provide. As more companies expand their global footprint, the demand for these services is expected to rise significantly.

From a regional perspective, North America dominates the patent drafting service market due to the high concentration of tech companies and robust R&D activities. However, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period. This growth can be attributed to the increasing investments in innovation and the rising number of startups in countries like China and India. Europe also holds a significant share in the market, driven by strong emphasis on intellectual property rights protection and sustained innovation efforts across various industries.

Service Type Analysis

Utility patent drafting services account for the largest share in the patent drafting service market. Utility patents cover new and useful inventions, which are highly sought after in technologically advanced industries such as healthcare, IT, and consumer electronics. These patents are crucial for protecting functional aspects of innovations, making them a priority for companies aiming to safeguard their competitive advantage. The complexity and technicality involved in drafting utility patents often necessitate professional expertise, thus driving demand for specialized services in this segment.

Design patent drafting services, which focus on the ornamental design of products, are also witnessing substantial demand. While utility patents protect functional aspects, design patents safeguard the aesthetic appearance of products. This is particularly important in consumer-focused industries like automotive and consumer electronics, where product design can significantly impact market success. The rising trend of product personalization and aesthetic differentiation is further propelling the growth of design patent drafting services.

Plant patent drafting is a niche segment but is growing steadily due to advancements in agricultural biotechnology. Plant patents provide protection for new and distinct plant varieties, which are increasingly being developed through genetic modification and cross-breeding techniques. As the agricultural sector continues to innovate in response to global food security challenges, the demand for plant patent drafting serv

The size of the Acaricides Market was valued at USD 330.98 million in 2023 and is projected to reach USD 465.72 million by 2032, with an expected CAGR of 5.0 % during the forecast period. This is the steady growing of the acaricides market since the growing need of pests' management, especially mites and ticks, in agriculture, in horticulture, as well as in animal rearing. Acaricides are chemicals that destroy or repel acarids-these include harmful spider mites and ticks and other kinds of damaging animals as well as pests attacking agricultural crops and livestock. In agriculture, demand for better quality produce increased with the imperative to ward off crop mite attacks, thus highly increasing the adoption rates of acaricides. In veterinary medicine, more threat of tick-borne illness such as Lyme disease spreads out the adoption of acaricides for use in livestock, and also among companion animals. Technological development in pesticide formulation has led to the development of more targeted and efficient acaricides, which decreases the amount of chemicals applied and reduces the impact on the environment. Awareness of the need for sustainability in agriculture has also triggered the need for eco-friendly acaricides, pushing the world towards biopesticides and natural solutions. Recent developments include: In September 2023, ICAR- Central Island Agricultural Research Institute, Port Blair, received a patent for an invention entitled “Novel acaricide compositions for veterinary topical applications and the method of preparation thereof’’ under the Patents Act, 1970 (Patent No: 455756) today. The invention is a process for developing an oil-based herbal topical formulation as an acaricide to treat tick infestation in livestock. , In November 2023, the Chinese National Pesticide Technical Standardization Committee gave Kangqiao's second new acaricide a common name. , In March 2023, Syngenta launched two insecticides in Brazil: VERDAVIS SC (Isocycloseram + lambda-cyhalothrin) and SPONTA (Isocycloseram), as well as the insecticide/acaricide Joiner (Isocycloseram). .