With a market capitalization of 3.12 trillion U.S. dollars as of May 2024, Microsoft was the world’s largest company that year. Rounding out the top five were some of the world’s most recognizable brands: Apple, NVIDIA, Google’s parent company Alphabet, and Amazon. Saudi Aramco led the ranking of the world's most profitable companies in 2023, with a pre-tax income of nearly 250 billion U.S. dollars. How are market value and market capitalization determined? Market value and market capitalization are two terms frequently used – and confused - when discussing the profitability and viability of companies. Strictly speaking, market capitalization (or market cap) is the worth of a company based on the total value of all their shares; an important metric when determining the comparative value of companies for trading opportunities. Accordingly, many stock exchanges such as the New York or London Stock Exchange release market capitalization data on their listed companies. On the other hand, market value technically refers to what a company is worth in a much broader context. It is determined by multiple factors, including profitability, corporate debt, and the market environment as a whole. In this sense it aims to estimate the overall value of a company, with share price only being one element. Market value is therefore useful for determining whether a company’s shares are over- or undervalued, and in arriving at a price if the company is to be sold. Such valuations are generally made on a case-by-case basis though, and not regularly reported. For this reason, market capitalization is often reported as market value. What are the top companies in the world? The answer to this question depends on the metric used. Although the largest company by market capitalization, Microsoft's global revenue did not manage to crack the top 20 companies. Rather, American multinational retailer Walmart was ranked as the largest company in the world by revenue. Walmart also had the highest number of employees in the world.

The New York Stock Exchange (NYSE) is the largest stock exchange in the world, with an equity market capitalization of almost ** trillion U.S. dollars as of June 2025. The following three exchanges were the NASDAQ, PINK Exchange, and the Frankfurt Exchange. What is a stock exchange? A stock exchange is a marketplace where stockbrokers, traders, buyers, and sellers can trade in equities products. The largest exchanges have thousands of listed companies. These companies sell shares of their business, giving the general public the opportunity to invest in them. The oldest stock exchange worldwide is the Frankfurt Stock Exchange, founded in the late sixteenth century. Other functions of a stock exchange Since these are publicly traded companies, every firm listed on a stock exchange has had an initial public offering (IPO). The largest IPOs can raise billions of dollars in equity for the firm involved. Related to stock exchanges are derivatives exchanges, where stock options, futures contracts, and other derivatives can be traded.

The top medical technology companies globally include big name companies such as General Electric, Philips, and Medtronic. As of 2021, the leading medical technology company based on market share was Medtronic (U.S.). At that time, Medtronic held *** percent of the overall medical technology market. The company’s hold on medical technology is projected to increase slightly to *** percent by 2024. Medical technology industry The global medical technology industry includes different types of technology that are broadly categorized as medical devices, in vitro diagnostics and digital health solutions. The total medical technology revenue has been increasing in recent years and is expected to increase dramatically by the year 2024. Research and development in the industry is also gaining ground and has experienced some of the largest growth in spending from 2015 to 2016, with significant growth expected in the future. Company spotlight: Medtronic Among the various medical technology companies, Medtronic is among the top in many measures. Medtronic produces medical products and devices for cardiac and vascular disease, minimally invasive therapies, restorative therapies and diabetes. In 2017, Medtronic was the top medical technology company among those that produce cardiac devices. The company beat out other competitors such as Abbott and Boston Scientific by a significant percentage of the market share. Medtronic’s total revenue worldwide has been increasing significantly in recent years and in the company’s fiscal year 2022 had reached an all time high.

The NYSE U.S. 100 Index tracks the largest U.S. companies traded on the New York Stock Exchange. This statistic shows the leading 20 companies on the NYSE U.S. 100 Index by market capitalization. As of January 28, 2024 the multinational conglomerate company ****************** ranked as the first, with a market capitalization of over *** billion euros. This was followed by ********* and ***************, with market capitalizations amounting to *** billion and *** billion euros respectively. NYSE U.S. 100 Index vs. Nasdaq 100 Index The New York Stock Exchange and the Nasdaq are the largest two stock exchanges in the world, but they differ in the kinds of companies they list. The NYSE is known to list stable and long-lasting firms, commonly referred to as “blue-chip” companies. In contrast, the Nasdaq is renowned for listing the world’s biggest companies, mainly from the tech industry. Similar to the NYSE U.S. 100 Index, the Nasdaq 100 Index tracks the 100 largest non-financial companies listed on the Nasdaq exchange, including both U.S. and non-U.S. companies. The leader of the NYSE U.S. 100 index: Berkshire Hathaway Berkshire Hathaway, the leader of the NYSE U.S. 100 Index, was also among the world's largest companies by revenue in 2023. The company is a multinational conglomerate and holding company with insurance as its core business and interests in other sectors such as railroad, utilities and energy, finance. In fact, Berkshire was the world's biggest insurance company by revenue in 2023. As a holding company, it has significant stakes in some of the world’s largest companies, including Apple, Bank of America and Coca-Cola. With its diverse background in various businesses and industries, Berkshire Hathaway had a total revenue of *** billion U.S. dollars in 2023.

As of May 2025, Amazon was the biggest internet company worldwide with a market cap of over ************ U.S. dollars Second-ranked Alphabet had a market capitalization of **** trillion U.S. dollars. The end of the 1990s in the United States saw the rise of a great number of internet companies, also called online companies or a variety of the name “dot com,” where the “.com” domain is derived from the word commercial. At the time, such startups were merely riding the wave of early internet business, but had little capital and perhaps one good idea. Few companies have survived the burst of the dot com bubble and even fewer have managed to become internationally successful. A few notable exceptions are American companies such as Google (founded in 1998), Amazon (founded in 1994) or eBay Inc. (founded in 1995), and the Chinese online giant Alibaba (founded in 1998), which have come to be some of the largest internet companies in the world. One of the largest internet companies worldwide is currently Alphabet, the parent company of Google, with a market capitalization of **** trillion U.S. dollars as of May 2025. Having started as a PhD project at Stanford University, the Google project slowly gained traction and is now the number one search engine in the world, with a market share of ** percent on the search engine market. Due to a number of high profile acquisitions, Google has expanded its portfolio beyond search, to include the video content sharing site YouTube, the digital app platform Google Play Store, the webmail service Gmail and the web browser Google Chrome, to only name a few. In October 2015, Google reorganized itself into a newly created parent company, the multinational conglomerate Alphabet Inc. The biggest internet companies in terms of their workforce are currently Amazon, Alphabet and Meta.

Techsalerator offers an extensive dataset of End-of-Day Pricing Data for all 66 companies listed on the Nairobi Securities Exchange (XNAI) in Kenya. This dataset includes the closing prices of equities (stocks), bonds, and indices at the end of each trading session. End-of-day prices are vital pieces of market data that are widely used by investors, traders, and financial institutions to monitor the performance and value of these assets over time.

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Top 5 used data fields in the End-of-Day Pricing Dataset for Kenya:

1. Equity Closing Price :The closing price of individual company stocks at the end of the trading day.This field provides insights into the final price at which market participants were willing to buy or sell shares of a specific company.

2. Bond Closing Price: The closing price of various fixed-income securities, including government bonds, corporate bonds, and municipal bonds. Bond investors use this field to assess the current market value of their bond holdings.

3. Index Closing Price: The closing value of market indices, such as the Botswana stock market index, at the end of the trading day. These indices track the overall market performance and direction.

4. Equity Ticker Symbol: The unique symbol used to identify individual company stocks. Ticker symbols facilitate efficient trading and data retrieval.

5. Date of Closing Price: The specific trading day for which the closing price is provided. This date is essential for historical analysis and trend monitoring.

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Top 5 financial instruments with End-of-Day Pricing Data in Kenya:

Nairobi Securities Exchange All Share Index (NASI): The main index that tracks the performance of all companies listed on the Nairobi Securities Exchange (NSE). NASI provides insights into the overall market performance in Kenya.

Nairobi Securities Exchange 20 Share Index (NSE 20): An index that tracks the performance of the top 20 companies by market capitalization listed on the NSE. NSE 20 is an important benchmark for the Kenyan stock market.

Safaricom PLC: A leading telecommunications company in Kenya, offering mobile and internet services. Safaricom is one of the largest and most actively traded companies on the NSE.

Equity Group Holdings PLC: A prominent financial institution in Kenya, providing banking and financial services. Equity Group is a significant player in the Kenyan financial sector and is listed on the NSE.

KCB Group PLC: Another major financial institution in Kenya, offering banking and financial services. KCB Group is also listed on the NSE and is among the key players in the country's banking industry.

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If you're interested in accessing Techsalerator's End-of-Day Pricing Data for Kenya, please contact info@techsalerator.com with your specific requirements. Techsalerator will provide you with a customized quote based on the number of data fields and records you need. The dataset can be delivered within 24 hours, and ongoing access options can be discussed if needed.

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Data fields included:

Equity Ticker Symbol Equity Closing Price Bond Ticker Symbol Bond Closing Price Index Ticker Symbol Index Closing Price Date of Closing Price Equity Name Equity Volume Equity High Price Equity Low Price Equity Open Price Bond Name Bond Coupon Rate Bond Maturity Index Name Index Change Index Percent Change Exchange Currency Total Market Capitalization Dividend Yield Price-to-Earnings Ratio (P/E) ‍

Q&A:

1. How much does the End-of-Day Pricing Data cost in Kenya ?

The cost of this dataset may vary depending on factors such as the number of data fields, the frequency of updates, and the total records count. For precise pricing details, it is recommended to directly consult with a Techsalerator Data specialist.

1. How complete is the End-of-Day Pricing Data coverage in Kenya?

Techsalerator provides comprehensive coverage of End-of-Day Pricing Data for various financial instruments, including equities, bonds, and indices. Thedataset encompasses major companies and securities traded on Kenya exchanges.

1. How does Techsalerator collect this data?

Techsalerator collects End-of-Day Pricing Data from reliable sources, including stock exchanges, financial news outlets, and other market data providers. Data is carefully curated to ensure accuracy and reliability.

1. Can I select specific financial instruments or multiple countries with Techsalerator's End-of-Day Pricing Data?

Techsalerator offers the flexibility to select specific financial instruments, such as equities, bonds, or indices, depending on your needs. While the dataset focuses on Botswana, Techsalerator also provides data for other countries and international markets.

1. How do I pay for this dataset?

Techsalerator accepts various payment methods, including credit cards, direct transfers, ACH, and wire transfers, facilitating a convenient and se...

As of June 2, 2025, Nvidia ranked as the leading semiconductor company in terms of market capitalization at just under 3.3 trillion U.S. dollars, followed by the likes of Broadcom, TSMC, ASML, and Samsung. Many of the leading semiconductor stocks suffered as a result of trade tariff announcements in 2025. Nonetheless, the mix of companies featured on the list reflects the broad and complex nature of the semiconductor industry, with firms coming from across all parts of the chip ecosystem. Regional highlights The global semiconductor industry is dominated by companies from North America and the Asia-Pacific region. As a result, China, South Korea, and Taiwan rank as some of the biggest regional markets for semiconductor equipment spending. One of the world’s leading chip-making machine manufacturers, and a global leader in producing extreme ultraviolet lithography, or EUV, machines, is ASML based in Europe. ASML supplies its machines to the likes of TSMC, who are then contracted to manufacture chips for Nvidia. A dynamic industry In 2025, the semiconductor industry is expected to grow strongly, with forecasts suggesting the market could rise to just below 700 billion U.S. dollars. Nonetheless, companies across the whole supply chain must continue to navigate a challenging and changing world. Geopolitical tensions, such as the ongoing tech competition between the United States and China, as well as the growth of the AI chip market, will have a profound influence on the semiconductor industry moving forward.

The technical film market will continue to reach above USD 71.5 billion in 2035 with a CAGR of 5.3%. The key factors the companies will pursue will be sustainability, innovation, and high-speed production for meeting shifting consumer and industrial requirements.

Attributes	Description
Projected Market Value (2035)	USD 71.5 billion
Value-based CAGR (2025 to 2035)	5.3%

Market Size and Projections

Category	Market Share (%)
Top 3 Players (Amcor, Berry Global, Mondi)	17%
Rest of Top 5 Players (Sealed Air, Toray)	09%
Next 5 of Top 10 Players	06%

Type of Player	Market Share (%)
Top 10 Players	32%
Next 20 Players	38%
Remaining Players	38%

Regional Analysis

Region	North America
Market Share (%)	30%
Key Drivers	Sustainability focus and advanced production technologies.

Region	Europe
Market Share (%)	35%
Key Drivers	Eco-friendly practices and high customization adoption.

Region	Asia-Pacific
Market Share (%)	25%
Key Drivers	Industrial growth and demand for tailored solutions.

Region	Other Regions
Market Share (%)	10%
Key Drivers	Affordable and sustainable options drive emerging markets.

Based on sales revenue, South Korean cosmetics company AmorePacific held around a 216 percent share in the South Korean cosmetics market in 2015, followed by LG Household & Health Care with 17.4 percent. The 20 leading cosmetics companies in South Korea held a market share of around 71.5 percent in total.

Amorepacific Group

The AmorePacific Group is a conglomerate operating more than 30 health, beauty, and personal care brands. In a survey conducted in 2018 about the most preferred cosmetics brand in South Korea, the top three brands (HERA, Sulhwasoo and Innisfree) were owned by the AmorePacific Group. Other brands include Etude House, which is quite popular among young South Koreans and with other K-Beauty fans around the world, as well as Laneige and Aritaum. AmorePacific is known as one of the most innovative companies in the world and is continuing to innovate its products. In 2017, AmorePacific opened a Research and Innovation Centre in Singapore to optimize their products for customers outside South Korea.

South Korean beauty market

In a survey conducted in South Korea in summer 2019, around 89 percent of respondents said they used skin care products manufactured by South Korean brands. Around 41 percent of users of South Korean beauty products stated that one hundred percent of their skincare products are from Korean beauty brands. Around 31 percent of users reported that they think that the ingredients are of better quality than of other commercial beauty brands. The South Korean beauty market is driven by high standards, but unlike many countries, high beauty standards are not only concerning women: around 42 percent of men stated that they regularly wear face masks at home. Due to those high standards, the market is constantly innovating and developing new products. Combined with the Korean wave, also known as Hallyu, Korean Beauty products are gaining attention and popularity around the globe.

The global tumor profiling market is predicted to reach about USD 11.9 billion by 2025, achieving a CAGR of 8.3% throughout the period, from 2020 to 2025.

Attribute	Details
Estimated Value by 2025	USD 11.9 Billion
CAGR during the period 2020 to 2025	8.3%

Global Market Share, 2025

Category	Industry Share (%)
Top 3 Companies (Illumina, Thermo Fisher Scientific, F. Hoffmann-La Roche AG)	45.2%
Rest of Top 5 (Agilent Technologies, Bio-Rad Laboratories)	20.3%
Others	34.5%

Regional Analysis

Region	North America
Market Share (%)	45%
Highlights	Dominance through strong R&D investments and advanced infrastructure. NIH had a budget of 2 billion dollars in 2022 for precision medicine.

Region	Europe
Market Share (%)	30%
Highlights	Advanced healthcare systems ensure that Europe holds a dominant market share. In Germany, adoption of tumor profiling increased by 20% in 2022.

Region	APAC
Market Share (%)	20%
Highlights	Increasing healthcare investments and technology adoption provide significant growth. India saw a 25% CAGR in the use of liquid biopsy in 2023.

Region	ROW
Market Share (%)	5%
Highlights	While gradual, adoption initiatives aim to bolster profiling uptake. Sub-Saharan Africa integrated genomic profiling into large-scale trials for the first time.

Tier-Wise Company Classification, 2025

Tier	Tier 1
Market Share (%)	50%
Key Companies	The firms leading this segment include those such as Illumina, F. Hoffmann-La Roche AG, and Thermo Fisher. F. Hoffmann-La Roche AG effectively integrates AI diagnostics into its solutions.

Tier	Tier 2
Market Share (%)	30%
Key Companies	Agilent Technologies and Bio-Rad Laboratories Expand through Strategic Advances in Oncology Agilent Expands Emphasis on Rapid Assay Diagnostics.

Tier	Tier 3
Market Share (%)	20%
Key Companies	Emerging entities use low-cost innovation to carve niches, such as South Korea's genome analysis solutions.

Kenya's main stock market index, the Nairobi 20, fell to 2514 points on July 11, 2025, losing 0.10% from the previous session. Over the past month, the index has climbed 11.00% and is up 48.23% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Kenya. Kenya Stock Market (NSE20) - values, historical data, forecasts and news - updated on July of 2025.

There are three main market structures of the global pet dietary supplement which are multinational corporations, regional leaders, and niche players. The multinational companies that constitute the highest market percentage of 45% are comprised of companies like Nestlé Purina, Mars Petcare, Virbac, and Vetoquinol due to their strong R&D capabilities as well as large networks of distribution.

Market Share by Key Players

Global Market Share 2025	Industry Share (%)
Top Multinationals (Nestlé Purina, Mars Petcare, Virbac, Vetoquinol, Bayer Animal Health)	45%
Regional Leaders (Beaphar, Dechra Pharmaceuticals, Tomlyn, Nutramax Laboratories)	30%
Startups & Niche Brands (Nordic Naturals, PetHonesty, Ark Naturals, The Honest Kitchen, Zesty Paws)	25%

Tier-Wise Company Classification 2025

By Tier Type	Tier 1
Market Share (%)	50%
Example of Key Players	Nestlé Purina, Mars Petcare, Vetoquinol, Virbac, Bayer Animal Health

By Tier Type	Tier 2
Market Share (%)	20%
Example of Key Players	Meiji, Lotte, Beaphar, Dechra Pharmaceuticals

By Tier Type	Tier 3
Market Share (%)	30%
Example of Key Players	Regional players, startups like Nordic Naturals, PetHonesty, Ark Naturals

At the Worldwide Fish Protein Market, moderate fragmentation is maintained, with competition from marine ingredient manufacturers, regional fish protein producers, and specialized biotechnical firms. The top three marine-based protein manufacturers-Omega Protein Corporation, TripleNine North Atlantic, and Nissui Corporation (USA Operations)-comprise 55% of the market with high volume fish processing, well-established supply chains, and varied product portfolios.

Market Share by Key Players

Market Structure	Top Multinational Suppliers
Industry Share (%)	55%
Key Companies	Omega Protein Corporation, TripleNine North Atlantic, Nissui Corporation (USA Operations)

Market Structure	Regional & Marine-Based Producers
Industry Share (%)	20%
Key Companies	Scanbio Marine Group, Biomega AS (USA Division)

Market Structure	Specialized & Emerging Players
Industry Share (%)	25%
Key Companies	Hofseth BioCare, Scoular Company, Diana Aqua (Symrise), Novapro, Nutrifish

Tier-Wise Company Classification 2025

By Tier Type	Tier 1
Market Share (%)	55%
Example of Key Players	Omega Protein Corporation, TripleNine North Atlantic, Nissui Corporation (USA Operations)

By Tier Type	Tier 2
Market Share (%)	20%
Example of Key Players	Scanbio Marine Group, Biomega AS (USA Division)

By Tier Type	Tier 3
Market Share (%)	25%
Example of Key Players	Hofseth BioCare, Scoular Company, Diana Aqua (Symrise), Novapro, Nutrifish

Snapshot img

What is the Size of Emulsified Shortenings Market?

The emulsified shortenings market size is forecast to increase by USD 894.4 million, at a CAGR of 5.9% between 2024 and 2029. The market is experiencing significant growth due to the expansion of the bakery industry and the increasing demand for confectionery products, sweet spreads, and ice cream. Companies in this market are responding by introducing new products to cater to these trends. However, rising raw material costs, particularly for sugar and animal-based ingredients, pose a challenge. To maintain consistency in food processing, plant-based alternatives are gaining popularity. Ensuring the right moisture content is crucial for the desired texture in various food applications. Food service establishments also contribute to the market's growth, as they increasingly opt for plant-based ingredients to cater to dietary habits and preferences. Emulsified shortenings derived from plant sources, such as soybean or sunflower oil, are gaining traction as viable alternatives to traditional animal-derived shortenings. This market analysis report provides insights into these trends and challenges, enabling businesses to make informed decisions.

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Market Segment

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.

End-user

  Food and beverage
  Cosmetics and personal care
  Pharmaceuticals


Source

  Plant-based shortenings
  Animal-based shortenings


Geography

  Europe

    Germany
    UK
    France
    Italy


  North America

    Canada
    US


  APAC

    China
    India
    Japan


  South America



  Middle East and Africa

Which is the Largest Segment Driving Market Growth?

The food and beverage segment is estimated to witness significant growth during the forecast period. The market holds significant importance in the food and beverage industry, particularly in the production of baked goods, snacks, confectionery, and prepared foods. These shortenings contribute to enhancing the taste, texture, and crumb structure of these products, ensuring consumer satisfaction and extended shelf life. With growing health concerns, there is a rising demand for plant-based and trans-fat-free emulsified shortenings.

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The food and beverage segment was the largest segment and was valued at USD 932.10 million in 2019. This trend is fueled by increasing consumer awareness towards health and wellness, as well as their preference for natural and minimally processed ingredients. Dairy products, such as ice cream and butter, are also major consumers of emulsified shortenings for texture improvement and mouthfeel. The market for emulsified shortenings is expected to grow, driven by the increasing demand for healthier alternatives and the versatility of these ingredients in various food applications. Hence, such factors are fuelling the growth of this segment during the forecast period.

Which Region is Leading the Market?

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Europe is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market is driven by the region's thriving food processing industry and increasing consumer demand for high-quality food products, particularly in countries like Germany. The food processing sector is a critical component of Germany's economy, ranking as the fourth-largest sector, with an estimated production value of approximately USD 240 billion in 2022. This significant growth, representing around a 17% increase from the previous year, underscores the industry's agility in responding to evolving consumer preferences and market trends. Artisanal sweets and clean-label products are gaining popularity, leading to an increased demand for emulsified shortenings. These shortenings are essential food additives used in various food products and beverages, including baked goods, confectionery, and liquids. Employing emulsifiers in these applications ensures the desired texture, consistency, and stability.

How do Technavio's company ranking index and market positioning come to your aid?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AB Mauri UK Ltd: The company offers emulsified shortenings such as fluid shortening and mauri shortening.

Technavio provides the ranking index for the top 20 companies along with insig

Snapshot img

What is the Artificial Intelligence In Biotechnology Market Size?

The artificial intelligence in biotechnology market size is forecast to increase by USD 4.46 billion, at a CAGR of 19% between 2024 and 2029. Artificial Intelligence (AI) is revolutionizing the biotechnology industry by enhancing research and development processes, enabling accurate diagnoses, and improving productivity. Key growth factors fueling the market include substantial investments in biotechnology advancements and strategic collaborations between industry players and tech companies. However, the high initial cost of implementing AI solutions remains a challenge for smaller organizations. The market is expected to witness significant growth due to the increasing adoption of AI in areas such as drug discovery, genetic research, and agricultural technology. Furthermore, advancements in machine learning algorithms and natural language processing are enabling more precise and efficient data analysis, leading to new discoveries and innovations. Overall, the integration of AI in biotechnology is transforming the industry and offering numerous opportunities for growth.

What will be the size of the Market during the forecast period?

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Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.

Application

  Drug discovery and development
  Clinical trials and optimization
  Medical imaging
  Diagnostics
  Others


End-user

  Pharmaceutical companies
  Biotechnology companies
  Contract research organization (CRO)
  Healthcare providers
  Others


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Middle East and Africa

Which is the largest segment driving market growth?

The drug discovery and development segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth, particularly in drug discovery and development. AI technologies are transforming the drug discovery process by increasing accuracy and efficiency in identifying potential drug candidates.

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The drug discovery and development segment was valued at USD 522.60 million in 2019. AI applications in biotechnology extend beyond drug discovery, including compound screening, personalized medicine, and environmental factors analysis. This growth is driven by the increasing demand for personalized treatments, the need for faster drug development, and the potential for AI to revolutionize various applications in biotech and pharmaceuticals.

Which region is leading the market?

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North America is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The North American region leads the global artificial intelligence (AI) market in biotechnology due to substantial investments, strategic collaborations, and technological advancements. With a strong infrastructure and a strong focus on innovation, the region is at the forefront of adopting and developing AI-driven biotechnological solutions. For example, in March 2023, Predictive Oncology partnered with Integra Therapeutics to enhance gene editing capabilities for cancer therapies. This collaboration leverages Predictive Oncology's expertise in protein expression to advance gene editing techniques, aiming to develop more effective cancer treatments. The partnership in Minnesota highlights the region's commitment to pioneering cancer research and therapeutic development through AI technology. In the life sciences sector, AI is utilized to analyze large datasets of genetic information, improve treatment outcomes, and increase productivity. Key players in the market include leading research institutions and biotechnology companies.

How do company ranking index and market positioning come to your aid?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Abbott Laboratories - The company offers artificial intelligence in biotechnology solutions that include AI-driven medical imaging and predictive analytics for identifying individuals at risk of heart attacks.

Technavio provides the ranking index for the top 20 companies along with insights on the market

The India Motor Insurance Market report segments the industry into By Motor Insurance Type (Own Damage, Third Party), By Application (Commercial Motor Insurance, Private Motor Insurance), By Distribution Channel (Individual Agents, Brokers, Banks, Online, Other Distribution Channels), and By State (Maharashtra, Tamil Nadu, Karnataka, Uttar Pradesh, Gujarat, Other States).

Snapshot img

What is the Size of Burial Insurance Market?

The burial insurance market size is forecast to increase by USD 72 billion and is estimated to grow at a CAGR of 5.5% between 2024 and 2029. The market is experiencing significant growth due to several key factors. The geriatric population is expanding, leading to a rise in demand for burial insurance. Additionally, there is an increasing focus on digitalization in the insurance industry, making it more convenient for consumers to purchase policies online. However, the market is also facing challenges such as misleading advertisements that may misrepresent the true cost and coverage of burial insurance policies. As the population ages and consumers seek out more efficient ways to plan for end-of-life expenses, the market is poised for continued growth. Digitalization is playing a crucial role in making these policies more accessible, but it is essential for insurers to maintain transparency and accuracy in their advertising to build trust and credibility with consumers.

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Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.

Age Group

  Seniors
  Pre-retirement individuals
  High-risk individuals


Product Type

  Final expense life insurance
  Pre-need burial insurance
  Whole life burial insurance
  Guaranteed issue burial insurance
  Term burial insurance


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  APAC

    Japan
    South Korea


  South America

    Brazil


  Middle East and Africa

Which is the largest segment driving market growth?

The seniors segment is estimated to witness significant growth during the forecast period. The market is gaining significance as the senior population continues to expand. Approximately 50% of the global population aged 60 and above is projected to reach 1.4 billion by 2030, and this demographic segment represents a substantial market opportunity.

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The seniors segment was the largest segment and was valued at USD 126.40 billion in 2019. This trend presents a growing demand for burial insurance coverage. Burial insurance policies offer a predetermined coverage amount to cover funeral and burial expenses. Underwriting processes for these policies have been simplified, with some companies offering coverage without a medical exam requirement. This approach, known as simplified underwriting, caters to consumers with various health conditions. Agents play a crucial role in connecting consumers with the most suitable policies for their needs. Hence, such factors are fuelling the growth of this segment during the forecast period.

Which region is leading the market?

For more insights on the market share of various regions, Request Free Sample

North America is estimated to contribute 57% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The North American market for burial insurance is witnessing notable expansion due to the increasing recognition among the aging population of the importance of long-term care planning. A recent survey involving over 1,700 participants underscored the significance of this issue, with 91% of respondents acknowledging the need to include long-term care in their retirement plans. This heightened awareness is fueling the demand for burial insurance in the region. In response to this trend, companies such as Transamerica are innovating to improve the customer experience. In March 2023, Transamerica introduced ConnectedClaimsSM, a range of customizable services aimed at streamlining access to workplace supplemental insurance benefits. This premium service offers policyholders a level of death benefit and guarantees acceptance without the need for a medical examination. With technological dependence on the rise, funeral cover continues to provide essential financial help for families during difficult times.

How do company ranking index and market positioning come to your aid?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AFLAC Inc: The company offers burial insurance such as immediate cash payout which provides a tax-free cash benefit to cover final expenses such as funeral costs.

Technavio provides the ranking index for the top 20 companies along with insights on the market positioning of:

American International Group Inc.
An Post Insuranc

The biological indicator vial market is witnessing steady growth as healthcare providers and pharmaceutical companies focus on sterility assurance, compliance, and efficiency in sterilization processes. Manufacturers are innovating with advanced technologies, precision designs, and eco-friendly materials to cater to hospitals, diagnostic labs, and pharmaceutical production facilities. This market is projected to surpass USD 279.3 million by 2035, growing at a compound annual growth rate (CAGR) of 5.0%.

Attribute	Details
Projected Value by 2035	USD 279.3 million
CAGR (2025 to 2035)	5.0%

Market Share & Industry Share

Category	Market Share (%)
Top 3 Players (3M, Mesa Labs, Steris Corporation)	17%
Rest of Top 5 Players (Getinge, Cantel Medical)	9%
Next 5 of Top 10 Players	6%

Type of Player	Market Share (%)
Top 10 Players	32%
Next 20 Players	38%
Remaining Players	30%

Regional Analysis

Region	North America
Market Share (%)	40%
Key Drivers	Focuses on sterility compliance and innovation.

Region	Europe
Market Share (%)	35%
Key Drivers	Leads with advanced sustainability initiatives and high-quality standards.

Region	Asia-Pacific
Market Share (%)	20%
Key Drivers	Experiences rapid growth from expanding pharmaceutical production.

Region	Other Regions
Market Share (%)	5%
Key Drivers	Demand grows for cost-effective and durable solutions in emerging markets.

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