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In 2024, a new multipolar world will emerge, reshaped by digital industries that have become mainstream following the 2020 COVID-19 pandemic. This shift signals an accelerated push toward digitalization, unveiling eight novel growth opportunities in digital industries, each marking a significant step in industry progress and offering vast potential...

NewSpace is the emergence of the private space industry. Space is no longer the sole domain of government space agencies and large aerospace and defense companies. The space industry is undergoing several important transformations enabled by technology advancements and increased investments. Robotics, AI, ML, and additive manufacturing/ 3D printing...

This research service sets the stage for visionary thinking by identifying the most important global Mega Trends in China, outlining the potential scenarios for specific trends in 2025, and providing the implications of these Mega Trends for transforming society, markets, and cultures. It focuses on 13 Mega Trends identified by Frost & Sullivan, in...

This trend opportunity profile covers the global aspects of banking and financial services, featuring the most upcoming trends that cater to the BFS industry. In addition, the study describes the opportunities for several sectors, such as FMCG, retail, ICT, businesses, and financial services. Trend opportunity profile series covers specific opportu...

This study analyzes the global industrial heat pump (IHP) market as it undergoes a structural transition—from standalone decarbonization technologies to integrated energy orchestration assets within industrial systems.Covering the 2025 to 2035 period at a global level, the analysis focuses on electrically driven and heat-activated systems ≥200 kWth...

The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies face pricing, energy security, and industry disruption struggles. As the industry moves to meet decarbonization and su...

The objective of this research service is to identify and understand the key Mega Trends in the mechanical test industry that will impact and shape a country’s economy, society, and culture. Frost & Sullivan’s mechanical test program covers a wide range of industrial inspection and monitoring markets and technologies, including non-destructive test...

05 Apr 2023  |  Asia Pacific  |  Market Outlook

Asia-Pacific Pharmaceutical Industry Outlook, 2023

Disruptive Technology Adoption and Outsourcing Growth is Advancing Innovation in the Pharmaceutical Industry

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Asia-Pacific’s pharmaceutical market is forecast to record 4.2% growth from 2022 to 2027, with China and Japan dominating the market in terms of value. Generics dominate the regional markets based on volume, directly impacting innovator molecule uptake. Nevertheless, Asia-Pacific is establishing itself as a global innovation hub, with China, Japan,...

In this analysis, Frost & Sullivan covers the off-highway equipment industry, focusing on agriculture, construction, and mining applications. The geographic scope is global, including the United States, Europe (the European Union and the United Kingdom), Asia (China and India), Australia, Latin America, and the Rest of the World. The study period i...